Over70irregs
Well-Known Member
Can never pay off. Too late. Mathematically impossible. Ride the flat down to the rims.
The National Debt, Do You Worry About It?
- Thread starter Wally
- Start date
He was the one who got the budget balanced so Newt for president.
Over70irregs
Well-Known Member
Tax his land,
Tax his bed,
Tax the table
At which he's fed.
Tax his work,
Tax his pay,
He works for peanuts
Anyway!
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.
Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.
Tax his car,
Tax his gas,
Find other ways
To tax his ass.
Tax all he has
Then let him know
That you won't be done
Till he has no dough
oldngray
nowhere special
In next decade, 84% of federal spending growth comes from health, Social Security, interest: CRFB
In next decade, 84% of federal spending growth comes from health, Social Security, interest: CRFB
"Spending on Social Security will grow from $1.5 trillion this year to $2.5 trillion by 2034, while spending on health care will grow from $1.6 trillion to $2.8 trillion," says a new Committee for a Responsible Federal Budget analysis.
justthenews.com
Trees can only grow so tall, they don't go to the sky.
Unfortunately this is not going to end well
Maybe they can take some money away from the Central States pension fund.....
Over70irregs
Well-Known Member
Real Estate and 7 SP500 companies is all we got. Expect more bunch apartments and people sitting on 2-3% mortgages. It costs the US government nearly nothing to borrow more USD (it just borrows more to pay back old loans), but people are willing to trade their finite resources for $.
Over70irregs
Well-Known Member
Uh oh. Am I getting a bad vibe that the red region is a goner?…
Wally
BrownCafe Innovator & King of Puns
Could be?
One persons solution:
-First, STOP THE BLEEDING — Cut federal spending levels for Fiscal 2024 from the bloated levels of Fiscal 2022 and 2023. Federal spending in Fiscal 2023 was 40 percent higher than the pre-COVID levels of Fiscal 2019.
-Create a statutory Fiscal Sustainability (or Debt) Commission to educate and engage the American people with the facts,
-Adopt a Federal Fiscal Responsibility Constitutional Amendment that would limit the growth of government and cap debt/GDP at a reasonable and sustainable level absent a formal declaration of war or limited and unexpected circumstances with a super-majority vote in Congress.
Three Ways To Defuse the U.S. Debt Bomb
These three actions fueled the federal government’s growth, undercut states’ rights, and enabled the government to self-deal in its own debt.
amac.us
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Over70irregs
Well-Known Member
Sooooo….. they cannot vote themselves a pay raise? The $ is built to debase. Man’s nature is corrupt. Triffins dilemma creates a monetary reserve currency problem with other countries looking to cut you.Could be?
One persons solution:
-First, STOP THE BLEEDING — Cut federal spending levels for Fiscal 2024 from the bloated levels of Fiscal 2022 and 2023. Federal spending in Fiscal 2023 was 40 percent higher than the pre-COVID levels of Fiscal 2019.
-Create a statutory Fiscal Sustainability (or Debt) Commission to educate and engage the American people with the facts,
-Adopt a Federal Fiscal Responsibility Constitutional Amendment that would limit the growth of government and cap debt/GDP at a reasonable and sustainable level absent a formal declaration of war or limited and unexpected circumstances with a super-majority vote in Congress.
Three Ways To Defuse the U.S. Debt Bomb
These three actions fueled the federal government’s growth, undercut states’ rights, and enabled the government to self-deal in its own debt.
Wally
BrownCafe Innovator & King of Puns
Over70irregs
Well-Known Member
Stop 
wars. It would help….
wars. It would help….
Up In Smoke
Well-Known Member
Wally
BrownCafe Innovator & King of Puns
Good luck. Not a very good historical average.Stop
Over70irregs
Well-Known Member
Just need hard $ adoption. Mental discipline combined with diverted attention spans can change minds.
Over70irregs
Well-Known Member
Yeah and it is eventually going out of style. We are stalling the inevitable. Hard $ and tech. That is the future
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Over70irregs
Well-Known Member
They want their oil. Gotta spend to make. We know how this goes for Palestine…
atmos.earth
‘This Genocide Is About Oil’ | Atmos
Given the billions of barrels worth of oil in Palestine, some advocates believe that fossil fuels are influencing Israel’s attacks.
atmos.earth
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