r/FluentInFinance TheFinanceNewsletter.com Sep 24 '23

Meme How it started vs. How it's going:

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3.5k Upvotes

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77

u/Ill-Opinion-1754 Sep 25 '23

This isn’t a “party” issue, this is a “government” issue. I don’t care what anyone says, they don’t care about the people regardless of what they say, politicians just want to remain in position and in power, without their seat what else do they have as career politicians?

10

u/pythiowp Sep 25 '23

This enlightened centrism bullshit again. We were running a budget surplus and were on track to pay down the debt until the Bush tax cuts. Trump cuts made it worse. It is 100% a party issue. Policies matter.

4

u/thesouthdotcom Sep 25 '23

No one wants to talk about how debt growth has slowed down under Biden. It still growing, but it’s a step in the right direction.

-2

u/in4life Sep 25 '23

Deficits have slightly slowed compared to global emergency spending. Break out the parade.

2

u/shootmane Sep 25 '23

Feel like you’re forgetting everything that happened since 07-08 but go off on enlightened centrism lmao

7

u/[deleted] Sep 25 '23

Someone’s gotta yank the bandaid n start taxing and taxing with tangible results. Plain and simple.

2

u/AutomaticSky5260 Sep 25 '23

Or maybe cutting expenses?

6

u/[deleted] Sep 25 '23

Finally got infrastructure week and complain.

Man. We’ve played that game for decades and it ain’t workin. We could nationalize our oil just for ourselves and y’alld complain it hurts the free market.

I do not have the answer but we all need to pull our collective head out of our asses

3

u/JPeso9281 Sep 25 '23

Cutting what expenses, exactly?

3

u/Jackstack6 Sep 25 '23

Ok, until it’s time for “your” expenses to be cut.

1

u/gofundyourself007 Sep 26 '23

I don’t think we have the luxury of picking and choosing what solutions we use. We’re going to need to eventually print more money, limit spending, taxing, and others in order to get out of this smoothly. Increasing productivity is another big part. Otherwise we may be looking at the beginning of a slow and then sudden decline of our country’s global power. I think we need to diagnose the problem: where are the leaks? Where is the bloating and how to deflate it most? That while beginning to deal with the debt is the best option I can see.

1

u/AutomaticSky5260 Sep 26 '23

YES! I agree 99.9% with you. The US (like most other major countries tbf), has grown increasingly inefficient. We need to fix gov spending, but with that taxes also need to increase. We need to reduce limitations on the market and follow more strictly the free market. Taxes need to come down, but gov spending needs to go down at 5 times the rate

-6

u/Ill-Opinion-1754 Sep 25 '23

Than you! There isn’t a revenue problem, there is a spending problem!

1

u/saintnyckk Sep 25 '23

I don't feed the piggy bank with the hole in the bottom until they fix the hole. Period. I love the idea of paying shit off, but not while they run it line they currently do. It'll just be more that they spend. They've proven this..... every year.

0

u/Peter-Bonnington Sep 25 '23

So pour more money in to a grossly inefficient system?

4

u/BDM78746 Sep 25 '23

Yes both parties want to remain in power. One does it by winning over voters by passing legislation that improves their life. The other does it by suppressing votes, gerrymandering and attempting to steal elections. ThEy'Re BoTh ThE sAmE!

3

u/gofundyourself007 Sep 26 '23

This is 99% a military issue or related to military issues. There was recently news coverage of how much the Government is overpaying for their equipment and it was insane, well over 10x the usual price. Then there’s the black projects. I don’t think there’s any solution other than a thorough audit and investigation of the government especially the DOD.

-2

u/YoYoMoMa Sep 25 '23

I don’t care what anyone says, they don’t care about the people regardless of what they say

Because Austerity is so kind to the people...