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$38,000,000,000,000
- Thread starter KenH
- Start date
Yea....a dollar just ain't what it used to be anymore.
KenH
Well-Known Member
Just don't compare televisions, microwaves, cell phones, etc. from the 1980's to today.
The Democrats are holding out for a trillion more of spending, a lot of it spending on non citizens.
Democrats are trying to destroy America.
China has been actively subverting America, in fact at war with America. Undermining balance of trade, undermining the currency and many other things to weaken America.
With all the enemies within and without, in fact, someone would have to have near dictatorial powers to fix America’s problems.
Yea....a dollar just ain't what it used to be anymore.
Brother, could you lend me a million.
KenH
Well-Known Member
The only two members of Congress that I am aware of who still care about the national debt are U.S. Senator Rand Paul and U.S. Representative Thomas Massie.
Trumps idea is using tariffs to pay down debt, and golden ticket citizenship. This is the only practical measures I’ve heard, apart from growing the pie and outgrowing the debt.
Are there any other ideas being floated?
KenH
Well-Known Member
If so, then so are the Republicans. If you look at the national debt, regardless of which major party has been in control of signing the spending and the revenue bills during the 21st century, the national debt has gone up by an average of over $1 trillion per fiscal year. And since the 2008 huge economic disaster under Republican George W. Bush, that rocked the whole economic system, the national debt has gone up by an average of almost $1.6 trillion per fiscal year.
Futhermore, the United States federal government is into the fourth week of a shutdown. The Republican and Democratic Parties had 9 months, plus lalmost another month now, to pass the 12 appropriations bills for the 2026 fiscal year, which began October 1 - they failed. This is not something new, they have been going on like this for years and years, regardless of which major party has been in control.
The incompetence of the Republican and Democratic Parties is breathtaking.
The Democratic and Republican Parties are failed political entities.
KenH
Well-Known Member
Won't work. Check out what happened after the Smoot-Hawley Tariff Act of 1930.
It is my opinion that there is no way out of the mess that major political parties have created. I don't think they can possibly convince the American people to willingly suffer the enormous economic pain they would have to go through to do so.
I think this mess ends by either the United States government defaulting on its debt or the United States government debasing the U.S. dollar(massive inflation). Either way will be absolutely horrible for the American people to go through, but I don't see anyway for the United States government to keep borrowing $1.6 trillion year after year after year after year, being already $38 trillion in the hole.
The RINOs and Democrats were a uni party for a while. Bush, Clinton, Bush, Obama eras were uni party big spenders. But is an aberration, fiscal responsibility has traditionally been a Republican trait, paying down Democrat debt when they get into office.
Trump has repossessed the Republican Party somewhat. At least you don’t see a Paul Ryan poking his head out much.
KenH
Well-Known Member
Which runs counter to the aims of the Framers of the U.S. Constitution. They wanted the Congress to fight to keep its power and not just be a rubber stamp for the whomever is president. In all my almost 70 years, I have never seen a Congress being so much a rubber stamp constantly as the current Republican Congress.
Both of the major parties have come to resemble ideological, parliamentary-type parties, not the broad-based parties I grew up with. We do not have a parliamentary system in the United States. I think that the major parties need to go back to being broad-based parties, or else the United States needs to adopt a parliamentary system to match the major parties' new structure. I just don't see the United Stated being able to continue much longer with ideological, parliamentary-type parties in the Constitutional system set up by the Framers.
Ken, what are your thoughts about States/Commonwealths that allow the fusion Ballot?
How was China prospering with massive tariffs on US goods for decades?
The main reason for the tariffs is to bring back industries that have been lost, which is now happening. Trillions in investment are coming back to the United States bringing jobs and downflow.
Secondly to balance terms of trade. US exporting 200 billion, China exporting 550 billion, is not balanced. Especially when they are taking all your value adding industries at the same time, and imposing tariffs on top.
It’s a complete lose recipe.
Well an administration cannot be defeatist, they have to do something. I think Trump has shown the energy and acumen to a least improve things.
Might be time to break dirt on a country farm, grow potatoes and tobacco, get some good mules to pull the plough.
Sometimes it might be necessary to reframe.
The Constitution was made for the people, not the people made for the Constitution.
The Constitution not being set in stone Gospel gives the people latitude and the right to reframe.
The first thing to remember is the founding fathers are dead, they don’t need a well functioning society, and system of government.
We can retain the good things of the past, but we can also make good things for the future. Countries are dynamic not static, no one can expect things to stay the same.
K, so you've spelled out the mess we're in, give some solutions. Like Rand Paul's (who they're not listening to) solution.
Rand Paul's proposal to eliminate the deficit
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Post diagnosis, solutions and remedies are the most important.
The people that know the problem are a dime a dozen.
Tariffs that rebalance trade and bring back industries are an excellent start.
People cry Smoot Hawley when the US imposes tariffs but forget that countries imposing tariffs on the US unfairly for decades have prospered wonderfully.