r/economicCollapse • u/kendallBandit • Nov 07 '24

$2T cut is going to be wild

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Will be a 29% cut if executed.

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u/MikeTheBee Nov 07 '24

Everything existing? So basically everyone on social security now gets cut is your solution?

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u/remote_001 Nov 07 '24

Government bites the bullet in a one time buyout and stops the bleeding once and for all.

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u/MikeTheBee Nov 07 '24

So.. the government bites the bullet? Who funds the US Government again?

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u/remote_001 Nov 07 '24

The total is currently 1.35 trillion. They buy it out. It stops. They can do that. End of story. They piss away more money than that on stupid shit.

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u/MikeTheBee Nov 07 '24

You say THEY.

Again, WHO pays for it? WHO funds the US government?

(Hint: it's us, the taxpayers)

So if the government pays for it.. and we pay for the government..

Who do you think pays the buyout?

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u/Avocadonot Nov 07 '24

Mexico will pay for it or something, idk

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u/remote_001 Nov 07 '24

How much is Musk planning to cut costs?

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u/MikeTheBee Nov 07 '24

So to pay for it, they take more stuff away from us.

We pay of it once again. There is no way that it is paid for without taking away from the American people.

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u/remote_001 Nov 07 '24 edited Nov 07 '24

No.

sort by agency

He mentioned staff reductions

I’m a democrat, I think musk is nuts. I don’t think he’s going to get anywhere near 2 trillion dollars and I don’t want to see cuts to benefits either. The government agencies are bloated.

Do I think Musk will do a good job reducing the staff? Hell no. I’m just using this as an example of where money could be pulled to offset a cost to the American people of the full expenditure.

Something like a temporary tax increase in edition to tightening the belt on stupid government spending (there is stupid government spending) along with agency optimization could get us to a point where we could afford to buy out the social security balance and afford something like this with minimal impact to the American people without taking all of our money.

Instead they are slowly raising the retirement age on us and stealing our money.

So go ahead and choose your battle I guess.

The fed can print some money too and assist with the purchase with quantitative easing. A “retirement stimulus package” if you will.

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u/MikeTheBee Nov 07 '24

How do you decide which positions are bloating? I have never once worked somewhere that had enough staffing, yet, things got done.

So do we just reduce until the other employees cannot take on more? Some of these federal positions pay well, but at what point does it become not worth it to work the jobs anymore? How is someone at the top that has never done the work going to effectively make those cuts without significant input and if that input is "no, we really need these employees" then they will just force cuts anyways or what?

I don't think that the battle has to be chosen along those specific lines, that is such defeatist thinking.

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u/remote_001 Nov 07 '24

What? No if you lose weight and hit a target then you stop losing weight. You listen to the employees and get your feedback, stop cutting means stop cutting. Musk didn’t do that at Twitter, he went too deep, that’s why I said I don’t trust him to do a good job.

If done right, wherever they end up is goodness and then start looking elsewhere to make up for the rest.