Your paycheck is now worth 3.1 percent less than last year

#226
#226
utvolpj said:
Gary Johnson ran on a 42% cut and we see how that went
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I read somewhere recently that our government tax revenues are supposed to be somewhere near $4 Trillion this year. I find it hard to believe we can't live on $4,000,000,000,000 a year.
 
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#227
#227
utvolpj said:
Gary Johnson ran on a 42% cut and we see how that went
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He could have run on making extended warranty solicitation calls illegal and it wouldn't have mattered. Alternate parties are shut out, weirdos which do not captivate the public's attention at all. Perot had the best numbers of any in modern politics. No one else has even come close.
 
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#228
#228
McDad said:
That is an issue. The fuzzy accounting and squealing like a pig when a cut is proposed is corrupt.
But it isn't the biggest issue. The biggest issue is the actual spending.
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I agree, but it becomes difficult to ever actually cut spending when the politicians constantly lie. They would have you believe that they are cutting spending, yet dollars actually paid by the government continue to increase every year. Politicians get their power from spending other people's money, and the majority of the American public is too stupid to pick up on the fact that a politician's spending cut translates to an actual increase in spending. Therefore, politicians see no incentive to actually cut spending. They just spend more every year and lie their asses off to the uninformed masses.
 
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#229
#229
McDad said:
That is an issue. The fuzzy accounting and squealing like a pig when a cut is proposed is corrupt.
But it isn't the biggest issue. The biggest issue is the actual spending.
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Accounting isn't fuzzy. Politicians' speeches about accounting issues are incredibly fuzzy. Many of them don't understand it. The few that do lie about it anyway.
 
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#230
#230
VolStrom said:
I watched it happen in private industry before I retired. We had a contract with MSC Industrial supply to provide us with the mundane things like tools and the like and they were good at it, if I ordered something by 8PM I got it before noon the next day. At some point in time purchasing got involved and declared a new provider of everyday and what would take one day to get suddenly took a week or longer and cost twice as much. More often than not when you finally got the stuff you ordered it came in an MSC box, because the new supplier ordered it from them and then shipped it to us. Since it was a corporate decision everyone just shrugged and said nothing we can do about it. The US is doomed.
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All the government needs to do (which they never will) is allow private competition in ALL areas of the government provided services. There is already a vivid example of it on full display right now. SpacEX/Blue Origin/Virgin Galactic vs NASA. FedEx/UPS/DHL could render the post office inop. Private security could do away with the TSA (they already use private in SFO). I am starting to think that Gov. Abbot is going to tell the .gov to pound sand and provide his own security on the border since the Man of Dementia won't do it..

But you are right, too many sacred cows in all of that. The private sector has to actually provide a product that makes people 'book away' from the government in order for the .gov to see what's happening and even then they don't care. THey have already proven they will pay forever for people to do nothing.
 
#232
#232
Vol423 said:
I agree, but it becomes difficult to ever actually cut spending when the politicians constantly lie. They would have you believe that they are cutting spending, yet dollars actually paid by the government continue to increase every year. Politicians get their power from spending other people's money, and the majority of the American public are too stupid to pick up on the fact that a politician's spending cut translates to an actual increase in spending. There, politicians see no incentive to actually cut spending. They just spend more every year and lie their asses off to the uninformed masses.
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I think some are manipulated by the politician's lies. I think others simply don't care about spending. Many don't want that sacred cow to go on a diet. Every 4-8 years we do a "red rover, red rover, let the other guy come over" and everyone switches sides.
 
#233
#233
VolStrom said:
I read somewhere recently that our government tax revenues are supposed to be somewhere near $4 Trillion this year. I find it hard to believe we can't live on $4,000,000,000,000 a year.
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Oh. We could. Politicians choose not to do so. Since we're rapidly driving up inflation, the cost of buying votes keeps going up.
 
#234
#234
SpaceCoastVol said:
And Xiden ran on a platform of RAISING your taxes... Americans as a whole are idiots.
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Eventually it will be required because of spending or we'll default. If you remember the guy you supported handed out a few trillion on top of running trillion dollar deficits
 
#235
#235
utvolpj said:
Eventually it will be required because of spending or we'll default. If you remember the guy you supported handed out a few trillion on top of running trillion dollar deficits
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LOLOLOL! Just like SS will run out of money too! It's all monopoly money and we're playing with the banks till.
 
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#237
#237
utvolpj said:
Ponzi schemes all fall apart eventually
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Most Ponzi schemes can’t print their own fiat currency.

We won’t default. First we would massively devalue our currency and have rampant inflation before default. Look to Argentina as an example but not that extreme since at least right now the dollar is the world currency. Once that is taken from us we are absolutely toast like Argentina
 
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#238
#238
McDad said:
He could have run on making extended warranty solicitation calls illegal and it wouldn't have mattered. Alternate parties are shut out, weirdos which do not captivate the public's attention at all. Perot had the best numbers of any in modern politics. No one else has even come close.
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And who's fault is it that alternate parties don't get traction? Is it the GOP and DNC and media? Or does that burden fall on the voters?
 
#239
#239
NorthDallas40 said:
Most Ponzi schemes can’t print their own fiat currency.

We won’t default. First we would massively devalue our currency and have rampant inflation before default. Look to Argentina as an example but not that extreme since at least right now the dollar is the world currency. Once that is taken from us we are absolutely toast like Argentina
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Meh, default or hyperinflation... or even austerity in an effort to pay off the debt... similar result.
 
#242
#242
Politicians have been kicking the can down the road on fiscal responsibility for decades, for a couple of simple reasons...One, by the time the bill comes due, they're long gone...and Two, if they get voted out they are not held liable for their actions while in office.

In the end, it's always the next generation, or the next, that has to pay the tab. Hard to get a 15 year-old (who doesn't vote) pissed off about a bill they will inherit in 20 or 30 years.

American Politics. The ultimate Ponzi scene.
 
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#244
#244
VolStrom said:
LOLOLOL! Just like SS will run out of money too! It's all monopoly money and we're playing with the banks till.
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As long as they keep it propped up for another 30 years or so I'm good. I've paid way more than my fair share.
 
#245
#245
NorthDallas40 said:
I work in the defense industry and make my livelyhood from it. And I’ll categorically state we spend too much on the military. It isn’t the money so much that pisses me off it’s the efficiency. It is an industry setup to overspend and over run and be late. It’s horribly run just like everything else the damn federal government touches.
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Then do us all a favor and quit.
 
#250
#250
Orangeburst said:
The shock that he will be supplementing our cave asses is glorious..Get to work kid...lol
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Oh yeah all of us Boomers are gonna be sitting on our asses wanting OUR gubmint check. There’s gonna be plenty of job opportunities so give up your damn dream of Central African basket weaving archeology study and get your ass in the 9-5 office and pay those benes 😎
 
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