This One Thing Shows How Deeply Washington Is Broken

Only those above a certain income threshold pay taxes. Retired or not.
Students usually work part time if they work and usually don't make enough in a year to pay taxes or very little towards taxes.

Raising those ages to 25 sounds like something psychologists would say.

 

But why talk about it? Words mean nothing without action.

 

So, the GOP is against border aide and money as well as Ukraine and Israel also?

What is it they want? Besides a mostly useless expensive wall.

 

No, why do you ask?
You've posted nothing economic at all. Except to belittle another poster.

 

And?
Actually, it's not, they are borrowing from themselves.

 

If the voters don't want those extra things, why do they keep voting in the incumbents that put them in bills?

 

And where do they get the money themselves to borrow? Answer - expansion of the money supply. It's your money that is being reduced in value.

 

Greed and personal interest. Just like politicians, voters put their interests above those of the nation.

 

Invest wisely and get a return higher than the rate of inflation.

 

That is not the answer. Getting government spending under control is the answer.

 

Obviously, that isn't the answer.
Did you read the OP?
Neither party is interested in cutting spending.

 

It doesn't. The problem is that government spends money it doesn't have. Currently it is expanding the money supply just to pay interest on the debt. That reduces the value of your dollars causing you and me to use more dollars for everything we buy. The federal government is in serious financial trouble.

It is something like an individual unable to make minimum payments on credit card debts. The difference is that the individual can't create money. Government can so it allows it to hide the financial trouble from you and me by taxing you surreptitiously. Over time the monetary inflation will grow, the dollar will decrease in value at a higher rate and the crash will be closer. It has happened to several countries in the past. Our money is basically worthless but people accept it because they believe it has value and have no other good option. We call it fiat currency because it is based on trust, not value.

The only way to stop it is to stop creating new money. The only way to reduce it is to decrease the money supply. Government won't ever decrease it because it would require them to repay debt with more valuable dollars than they borrowed. It is basically a supply and demand issue. It applies to money just as it does to what money buys. A debtor government, like a debtor individual, has less flexibility and freedom than a fiscally sound one.

It is a big problem, easily the biggest one we face as a nation, because it is existential.

 

So what we do is correct because political parties think it is? You can't be serious. Political parties are more self interested than you and I are. Parties and partisanship don't fix anything. They just seek and gain power better to feed the self interest.

 

And yet, in America, our Government, our Constitution and our immigrant, multinational, diverse populating has built the greatest nation on earth.

 

No doubt. But political parties had nothing to do with that. Mostly they have interfered with that in their search for political power. We Americans have overcome many obstacles, though, and we can take pride in that.

 

That's nonsense most of our existence, not all - most, has been driven by Party competition, that competition has contributed greatly to our success. Until far right Christians sold out to big money and they untied to form the tea party and not MAGA.

But, beginning way back with Reagan that unholy alliance has undermined our political system. Their goal has ALWAYS been to destroy our Constitutional government and replace it with a theocratic dictatorship the very wealthy control. That's what you're voting for when you vote tRumpublican.

 

For me politics has no useful purpose aside from entertainment. We should be able to choose leaders without it. I disagree with all of your points. Politics interferes with all progress.

 

Part of that must include reducing the federal foot print in many aspects of American life. You can not begin to balance the budget unless you are willing to not only end but reverse the creeping federalization of damn near everything..

 

Reducing federal spending is the only hope we have of continuing as the nation we know for a long time. Anything else is short term thinking and will bring the end sooner.

 

I am serious.
Have you seen any other politicians in control that aren't part of the 2 party system?

I never said it was correct, I said and the OP proves it, that spending is all either party does.
You want reduced spending as the solution. Well, how are you going to get that implemented?
You think post on this silly little forum changes anything?

 

#3 is being done as I type. It may be low enough the fed can start reducing interest rates in Sept. I don't think they will but, inflation is moving down. And has been.


https://www.cnn.com/2024/07/11/economy/us-cpi-consumer-inflation-june/index.html

Border under control? R's blew up a plan to fund help on the border.

AS for reducing spending. MAGA certainly won't due that. The last time the 2x impeached incumbent loser felon was president, he spent more in 4 yrs than just about any other president in a 4 yr time frame.

I guess you need to vote something other than D or R. If you're actually serious about you 3 item list.

 

Plus, Trump would be worse on inflation in every conceivable way. He has no plan for the border (and sabotaged a plan that might actually help). And we can't trust "the king of debt" with the debt. He doesn't even understand the debt and did NOTHING to help with it.

 

I read all of your posts on this thread, and I agree 100% with all of them. It is sadly amazing how difficult these simple concepts are for some people to grasp.

 

But neither candidate actually has any desire to reduce spending. And only one might potentially increase revenue while the other would reduce it. Your choices are between a "Tax and spend" Democrat and a "Don't tax and spend even more" Republican.

 

There's a reason he lost as the incumbent.
He doesn't know how to lead anything and can never take responsibility for anything. He even said so.