3 Trump policies to improve economy

[SassyLady]

Tax cuts
Fair Trade
Drill baby drill

https://www.foxnews.com/opinion/3-trump-policies-help-fix-americas-broken-economy

[fj1200]

Tax cuts
Fair Trade
Drill baby drill

Tax cuts - Most of those were pretty silly and not supply-side.
Fair trade - another word for protectionism used by people who don't think, or don't want to admit, they're protectionist.
Drill baby drill - We are drilling


https://www.ceicdata.com/datapage/charts/ipc_united-states_crude-oil-production/?type=area&from=2012-12-01&to=2023-12-01&lang=en

[SassyLady]

Tax cuts - Most of those were pretty silly and not supply-side.
Fair trade - another word for protectionism used by people who don't think, or don't want to admit, they're protectionist.
Drill baby drill - We are drilling


https://www.ceicdata.com/datapage/charts/ipc_united-states_crude-oil-production/?type=area&from=2012-12-01&to=2023-12-01&lang=en

I guess more of all the above is the plan.

[fj1200]

I guess more of all the above is the plan.

God help us with our deficit spending and national debt.

[SassyLady]

God help us with our deficit spending and national debt.

Elon's going to reduce that through DOGE.

[Gunny]

Elon's going to reduce that through DOGE.

RFK, Jr, Elon and Trump are going to save 'Murica. I feel better already:rolleyes:

[fj1200]

Elon's going to reduce that through DOGE.

No chance. But since I'm in a giving mood... How so?

[Kathianne]

The only significant source of $$$ are the entitlements. No one is touching any of that; not even to actually save the country.

[fj1200]

The only significant source of $$$ are the entitlements. No one is touching any of that; not even to actually save the country.

Ding, ding, ding! Winner, winner! We're screwed but at least we've held off the wokes for another 4 years.

[Gunny]

Ding, ding, ding! Winner, winner! We're screwed but at least we've held off the wokes for another 4 years.

I will say again. The money is there, without touching entitlements. Should be no problem finding it for a swamp cleaner. That bureaucracy alone is probably worth half the deficit. Could look over our return on th

at $74B annually in foreign aid.

$18B to the UN.

Congressional paychecks for accomplishing nothing

etc :)

[fj1200]

I will say again. The money is there, without touching entitlements. Should be no problem finding it for a swamp cleaner. That bureaucracy alone is probably worth half the deficit. Could look over our return on th

at $74B annually in foreign aid.

$18B to the UN.

Congressional paychecks for accomplishing nothing

etc :)

No.

1.35TT in SS payments. .84TT in Medicare payments. .63TT in interest payments. Military .82TT. Budget deficit this year 1.6TT. Federal spending in 2024 6.75TT.

That doesn't get fixed with a million here and even a billion there. We need to not spend 1.6TT just to break even. :(

[Black Diamond]

No.

1.35TT in SS payments. .84TT in Medicare payments. .63TT in interest payments. Military .82TT. Budget deficit this year 1.6TT. Federal spending in 2024 6.75TT.

That doesn't get fixed with a million here and even a billion there. We need to not spend 1.6TT just to break even. :(

Don't financial packages need 60 senate votes?

[Gunny]

No.

1.35TT in SS payments. .84TT in Medicare payments. .63TT in interest payments. Military .82TT. Budget deficit this year 1.6TT. Federal spending in 2024 6.75TT.

That doesn't get fixed with a million here and even a billion there. We need to not spend 1.6TT just to break even. :(

We'll just have to disagree. Hypothetically, just what is it you propose to do with all those social security and Medicare recipients when you cut them off? It's barely enough to live on the poor side of town if that's all you have; which, is all a lot of people have. Throw them on the street? What's the homeless count up to nowadays, minus your addition to it?

Y'all can argue all you want, but it was sold as retirement and people to this day believe that is what it is for. Kind of hard to tell those eligible for it they just threw their money away after paying into it all their lives.

Stop making people sign up for it and pay into it now, and those people don't get anything down the road. That's the only fair and honest way to do it. Just ad hoc fucking over people smacks of elitism. And who does it hurt the most? The poor. As usual.

I also disagree about the million here, a million there logic. That's EXACTLY how you do it. That's how you save, isn't it? Little bit at a time. You would be surprised at what you would find if government was held strictly accountable for each and every dime.

Was up to me, I'd feel a whole lot smarter making government tighten their belts than people who don't have belts to tighten.

[Kathianne]

I will say again. The money is there, without touching entitlements. Should be no problem finding it for a swamp cleaner. That bureaucracy alone is probably worth half the deficit. Could look over our return on th

at $74B annually in foreign aid.

$18B to the UN.

Congressional paychecks for accomplishing nothing

etc :)

I'm not for giving up all foreign aid, there is some to get rid of. UN, no argument, but it's peanuts.


In fiscal year 2023, the federal government spent $1.35 trillion on Social Security, which was 21% of the budget.



The federal government spent $832 billion on Medicare in fiscal year 2023, a sum equal to 3.1% of GDP.Mar 20, 2024



In 2023, the total amount spent on Medicaid in the United States was $860 billion, including adjustments to previous years' spending. This does not include administrative costs, accounting adjustments, or the U.S. Territories.



In fiscal year (FY) 2023, the federal government spent $112.8 billion on the Supplemental Nutrition Assistance Program (SNAP), which is the largest nutrition assistance program in the United States. This was 67.8% of the total domestic nutrition assistance spending by the USDA that year.

[SassyLady]

DOGE
Department of Government Efficiency

Look at what Milei did in Argentina.

[fj1200]

Don't financial packages need 60 senate votes?

For what or whom? And no, unless they're trying to get over the filibuster AFAIK. Budget bills might not have to.

[fj1200]

DOGE
Department of Government Efficiency

Look at what Milei did in Argentina.

I repeat. No chance. The US is not Argentina. trump is not Milei. Milei is undoing the damage of 100 years of populism while trump came into office promising the store to the population. See the difference? There is no "efficiency" that can turn the tide of spending that is already law that will just keep adding to the federal debt.

[fj1200]

We'll just have to disagree. Hypothetically, just what is it you propose to do with all those social security and Medicare recipients when you cut them off? It's barely enough to live on the poor side of town if that's all you have; which, is all a lot of people have. Throw them on the street? What's the homeless count up to nowadays, minus your addition to it?

Y'all can argue all you want, but it was sold as retirement and people to this day believe that is what it is for. Kind of hard to tell those eligible for it they just threw their money away after paying into it all their lives.

Stop making people sign up for it and pay into it now, and those people don't get anything down the road. That's the only fair and honest way to do it. Just ad hoc fucking over people smacks of elitism. And who does it hurt the most? The poor. As usual.

I also disagree about the million here, a million there logic. That's EXACTLY how you do it. That's how you save, isn't it? Little bit at a time. You would be surprised at what you would find if government was held strictly accountable for each and every dime.

Was up to me, I'd feel a whole lot smarter making government tighten their belts than people who don't have belts to tighten.

I haven't proposed to cut anyone off but ignoring that it's a problem doesn't make it go away. I know how it was sold in the 30s and I know how trump, and almost everyone else for that matter, is ignoring the problem in the 20s but that doesn't make it a solvent plan going forward. As it stands now when the trust fund runs out in ~2035 the people will automatically get a ~30% haircut in SS payments.

[Gunny]

I haven't proposed to cut anyone off but ignoring that it's a problem doesn't make it go away. I know how it was sold in the 30s and I know how trump, and almost everyone else for that matter, is ignoring the problem in the 20s but that doesn't make it a solvent plan going forward. As it stands now when the trust fund runs out in ~2035 the people will automatically get a ~30% haircut in SS payments.

Ditto on the seeing it as a problem. That part's obvious. Allegedly *cough cough* Elon has a plan. We shall be saved. :popcorn: