Bai Lan
Let It Rot
it's not over, bitch.
Deal is Done! Trump is getting us something back for financing Ukraine's War
- Thread starter Tobytone
- Start date
Tobytone
Verified User
Dude, you've totally cracked the universe's code, haven't you? Ever thought about writing a book? Seriously you're way off if you think Trump is no different from Obama or Biden. If you're talking about the debt issue, let's see what happens. The number everyone is flipping out over considers tax cuts as an expense, they always do. History teaches us that tax cuts relatively quickly, rather than taking from annual revenues, increase annual revenue, making the tax cut opposite of an expense. I predict Trump will add the least to the national debt of any recent president, might even start reducing it if economic growth is really strong. Time will tell.
Trump 45 added $8 trillion to the national debt. More than GWB and his 2 Cheney/Halliburton for-profit wars.
Tobytone
Verified User
How? I absolutely never want war, but at the same time I'm not so naive that I think it's never necessary. Evil is very real, and it never takes a day off. Unfortunately, we have to defend ourselves against evil as well do our part to stop it from advancing. So, what have I said to earn the 'war pig' title?
Bai Lan
Let It Rot
give it a rest, west pointy head.
Tobytone
Verified User
So, you’ve pinned the national debt on the military-industrial complex and Wall Street like a true armchair economist, haven’t you? Ever bothered to flip through a federal budget, or is that too much for your conspiracy-addled brain? Go on, professor, explain how tanks and stockbrokers are the masterminds behind our $34 trillion debt, while Social Security, Medicare, and Medicaid, etc. eat up over 70% of federal revenue. I’ve got a crisp list of entitlement programs for you to eyeball, so show me where Wall Street’s greasy mitts or the Pentagon’s war toys somehow add to them. Oh, by the way, those programs aren’t in the Constitution, but shocker, the military is, and it's17% of federal revenue. So, you and Goat should quit peddling this tinfoil nonsense, stop playing stooges for the paranoia parade, and maybe unload a landfill’s worth of that delusional drivel.
- Social Security: $1.461 trillion
- Medicare: $874 billion
- Medicaid: $626 billion
- ACA Marketplace Subsidies: $125 billion
- SNAP: $120 billion
- EITC and CTC: $100 billion
- SSI: $70 billion
- Housing Assistance: $50 billion
- Unemployment Insurance: $40 billion
- Child Nutrition Programs: $35 billion
- TANF: $17 billion
- LIHEAP: $5 billion
Back in 2000, entitlement programs gobbled up 43% of federal revenue, a 26% jump from the 17% they claimed in 1925, and now they’re devouring a staggering 72% in 2024. That’s a runaway train of spending, folks, and it’s not slowing down. So, who’s the mastermind behind our $34 trillion national debt?
Spoiler: it’s us, the citizens, for turning our government into an entitlement-obsessed machine. We’ve let Social Security, Medicare, Medicaid, and their bloated cousins balloon from a modest 17% of revenue in 1925 to nearly three-quarters today, with the last 25 years supercharging that growth. We the people greenlit this mess with our votes, electing politicians who dangled shiny new handouts while we cheered instead of pushing back.
It’s pure nonsense to point fingers at the military, which eats up just 17% of revenue, or Wall Street, which isn’t even a budget line item. The debt’s been piling up year after year because we didn’t slam the brakes on entitlement sprawl. Time to own it, America, instead of chasing scapegoats.
To finish with a touch of your ignorant and unprovoked reply to me: You can suck Goat's dick, you paranoid freak. LOL
Tobytone
Verified User
Ever heard of Covid? That was then, this is now. Stop acting like a Libtard drone and operate in reality without playing with numbers, ignoring context, and presenting false conclusion attempting to support a preconceived narrative. I thought you were better than that.
Tobytone
Verified User
I'm supposed to give it a rest. I'm not the spastic one, throwing out unsupported or unprovoked fake outrage and insults or maybe cocaine fueled outrage, I'm not sure which. So, right back at you, chill homie.
Google will tell you the CARES act cost $2 trillion but government doesn't include the trillion$ that went to big pharma or the trillion$ that went to bailout Wall Street. It was the biggest upward transfer of wealth (theft) in history. Add in the Emergency Economic Stabilization Act of 2008 and the Cheney/Halliburton for-profit wars, and every US taxpayer owes $323,000.
The US is bankrupt.
Tobytone
Verified User
The U.S. is way under leveraged. We are a long way from bankrupt. That doesn't mean I'm ok with how much money is spent or the size of the government. I support gutting the budget, in fact, if I were king for a day, I'd gut it by 70%, goodbye ever single entitlement from DC.
The CARES Act does cost $2 trillion, but the Wall Street bailouts are not budget line items because they're loans, and most were paid back. The thing is though, those are one offs compared to the entitlement beast, silently in the background eat up 72% of our revenue and it grows each year.
Military budgets, bailout flops, are all small potatoes next to entitlements, the true debt-driver. Zero out defense and wipe every unpaid loan, and the debt still climbs unless growth outpaces entitlements. Pick your poison, slash entitlements to the bone, make the U.S. the world’s top business magnet with smart taxes and regs to draw the sharpest minds and match the rate of growth of the entitlements, or watch the country actually go broke.