Federal Debt Is Now Worrying Even Progressives

Posted by UnscheduledCalendar

12 Comments

  1. ElonIsMyDaddy420 on

    Spicy take: we should be cheering Elon and DOGE on because it means we won’t have to do as drastic of cuts later. Let Trump and crew take the major blowback. We can ride the blowback to power in 26/28 and undo some of the damage.

    (“Username checks out” is expected.)

  2. IgnoreThisName72 on

    I’m way ahead of you losers.  I’ve been anxious ever since W reversed the debt decline with tax cuts, than added to the debt dramatically by invading Iraq and Afghanistan, and then added a prescription drug benefit, and then approved massive bailouts for banks in the financial crisis.

  3. And if you are honest about it you have to talk about mandatory spending

    https://i.imgur.com/Vnav9J4.png

    So what do progs have besides all the screeching about military industrial complex, which obviously can’t fix the picture

    > Progressives like Senator Elizabeth Warren of Massachusetts have proposed some targets for savings, such as defense contracting

    Ah, okay then, unserious as always

  4. I sure am glad we have the party of fiscal responsibility back in office to get the debt under control! ^/s

  5. Implying progressive didn’t care about the deficit before? All that tax the rich stuff was about what exactly NYT?

  6. I hope progressives can be more keen on learning economics. It’s good to spend money on things like trains, but going into MMT was a mess.

  7. The issue isn’t the debt, it’s the interest payments. Which is creeping up, but it’s also not crazy yet. But now, when growth is this strong, is the time to lower the debt

  8. Maybe we should start a #ForgiveFederalDebt movement to energize the progressives?

    Would be great if the government could just cancel all federal debt, without means testing of course.

  9. Literally fucking Simpson-Bowles, but on steroids now.

    Flatten and broaden the rates, capital gains taxes as ordinary income, reforms to entitlements, discretionary spending freezes, etc.

Leave A Reply