This One Thing Shows How Deeply Washington Is Broken

I don't know. Quite a bit more, though. Reducing the money supply means having fewer dollars in circulation.

 

The answer is still $5 but would buy twice as much however you would have half of the number of dollars you had before so would not be any richer. Do you think that GB got richer or poorer when their currency switched from pre-decimal to decimal currency when the schilling (5 pence) was worth 12d (12 pennies) pre-decimal and overnight was worth 5 pennies in decimal currency? The US did a similar conversion in the 1790s

 

It is getting a little silly at this point. We'll just leave it that economics is not your strong suit.

 

So funny. You state that money supply should be reduced yet you have no idea what that actually means and you have no idea what would change. Hey why don't you suggest adding a zero after the denomination value of each dollar note then everyone would be ten times richer

 

Sorry you didn't understand. I tried.

 

The money we don't spend defending ourselves, which is most of it, or on current
wars, goes on threatening other countries or on starting wars.

On a lower budget we would be safer,

like 99% of the countries on this planet.

 

No one in congress was elected to bring down the debt. Fiscal responsibility takes a back seat to $10,000 COVID checks, free healthcare, free college, less taxes and so on. No one, and I mean no one was elected to bring sanity to our politics… not in a very very long time. This is why democracy ultimately fails. We have gotten away from being a republic. This is the outcome.

 

Not according to any elected politicians.

 

Maybe you know this right propaganda?

 

Why do people then want to have a balanced budget?
It means so little.

 

Everyone pays taxes, if the consume.
Some don't pay income taxes if their income is below a certain level.
Many are retired or students.
Are you saying many retirees and students should not be eligible to vote?

 

Likely won't happen.
The R party of the house voted down and bipartisan Senate bill to address border issues.

 

Nor yours either. From what has been posted.

 

Unless you spent a large portion of your life living off government. You will be paying taxes in retirement.

Also, I'm for raising adulthood, military, and voting age to 25.

 

well I doubt that's going to happen given some of the current court decisions

 

You should too

 

People want to talk about it but no one is willing to do what it takes to get there

 

You can stop now.
Stop with pushing the propaganda please.

The "bipartisan" border bill should have been more properly entitled the "pay Ukraine so the big guy gets paid" bill.
Don't think so?
Lets look, shall we?
Senate negotiators reach bipartisan deal on border policy : NPR

$118 BILLION was the cost of this bit of pork;

The bill includes:

• Just over $20 billion for border provisions, including expansions to existing policies and new policies. That includes $650 million for the border wall, approximately $4 billion to hire new asylum officers and additional funds to provide counsel for unaccompanied children.
• $60.06 billion in security aid for Ukraine.
• $14.1 billion in aid for Israel.
• $10 billion in humanitarian assistance for civilians in Gaza, the West Bank, Ukraine and "other populations caught in conflict zones."
• $2.33 billion for refugees from the war in Ukraine.
• $4.83 billion for allies to "deter aggression by the Chinese government" in the Indo-Pacific region.

Every president in modern times has managed to control the border without demanding more money and without demanding changes to existing laws.
Why couldn't brandon get the job done?

Quite simply because he wants open borders. It was and is part of the plan.
So, passing a bill called "Emergency National Security Supplemental Appropriations Act" was classic political misinformation.

The bill had almost nothing to do with border security, would not stop the invasion at the border, and in reality was a foreign aid bill. It was classic political pork.

 

Did I say something economic to you?

 

Of course. They are the spenders. Sheeeeesh.

 

The cost of interest on the national debt is now larger than the defense spending. How could that matter? It's your money they are using.

 

It is an interesting article, even though it originated in the always-liberal "Huffpost". One of the more significant passages in it is this: "...most economists, including Federal Reserve Chair Jerome Powell, say the debt and its trajectory raise the odds of a financial crisis or a steady decline in living standards as more resources are used to sustain the debt."

When anyone mentions National Debt, many people's eyes glaze over in disinterest, and they pay no attention to the equally troubling statistic involving National Debt-versus-GDP. Our distended, herniated economic debt-monstrosity means nothing to too many of us -- but it will when the day comes that we are no longer the "world's reserve currency"... and Putin, Xi Jinping, and the rest of the BRICS countries are toiling away, night and day, to make sure that happens, soon.

 

Now that the interest on the debt is larger than the defense budget, I guess they can stop complaining about defense spending. That's a plus.

 

You make a deadly-accurate point. And yet, the response of most American voters today is --

. "**** it! Just make sure the free stuff arrives on time!"

 

Utter nonsense and Party > Country propaganda. Ugh.

Sadly, I think it will take 8-12 years of this to really hammer down the debt and we really need a unified government and effort to make that happen.

Lower taxes, booming economy, security, low inflation and cutting spending is not something our government seems to do well.

One other thing "we" need to do better is when the US Government passes a bill, it is a bill that is not filled with crap. If you pass a "Build the Border wall bill" then make sure that is all that is in it. I don't like it when they add things to it like "gender studies in Pakistan" to bills. They slip through uneeded spending and nonsense to bills in order to dupe voters.

Lawmakers get away with too much spending and passing bills with things American voters do not want.