President Donald Trump
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at
Good example since Trump is doing none of those things.Power hungry leaders, like Trump, want to increase the size of the defense budget by nearly 50%, control state elections by passing the SAVE act and allowing his billionaire buddies to consolidate ownership of media.His "cut the size of the fed govt" is simply cutting programs that help people.Thanks for the laugh, as alway
He tried cutting govt spending with doge but dems and the media fought their tails off to convince people that they are better off with less money in their own pocket and more money in the pocket of govt.
Yeah, trumps buddies own the media in this country and that’s why trump isn’t attacked for every single thing he does or says. lol. If you really believe trumps buddies own the media why do you think the media attacks everything he does?
No one needed to be convinced that the wildly out of order Doge cuts were ridiculous. We all know the only way to cut the deficit while cutting taxes is through entitlements. Cutting a few billion dollars in life-saving global health relief and funding to universities was obviously the most ******ed and unnecessary thing to do.
Trump is not willing to cut entitlements because he doesn’t care about the budget, and Doge was just a way of getting rid of seasoned government workers because they are seen as antithetical to the Republican agenda.
I think cutting entitlements is a great start, but there is a lot more waste to be found than just in entitlements.
"Nondefense spending in 2023 is 18.6 percent of GDP, up from 12.6 percent in 2000. Thus, nondefense spending gobbles up a 48 percent greater share of the economy today than two decades ago."
I'm not sure how old you are or the last time you looked, but this is already taking place. Defense spending as a % of GDP has been trending down for over 70 years.
The last time you could say defense spending was flat or trending up over a 15+ year period the internet wasn't around yet. To find a long-term up or even flat trend in defense spending you would have had to done your research at an actual library, look at an encyclopedia or similar.
Agreed.
You want defense spending equivalent to late WW2? I belive that would be in excess of ten trillion dollars per year.
Depends what you want to cut and why. In Europe it's understood that NATO has to prepare for war with Russia. (Si vis pacem, para bellum, as Vegetius put it.) Britain and France have now signed security guarantees with Poland. The last time we did that was the summer of 1939. (Being American, you probably imagine that the Second World War started in December 1941, so you may not understand the significance.)
Britain and France have had to sign those guarantees, invoking an Art.5 response beyond the remit of any US veto, because the US is no longer a reliable ally (if it ever was). Meanwhile several countries, most recently Norway, have signed up to the French nuclear umbrella, though that's rather performative.
In the 1980s, British defence spending was 6% of GDP, and we're now struggling to get to 3%. Still, got to be done. The Americans, who are too fat and unhealthy to field a serious army, and too politically dishonest to meet their treaty obligations, can just sit there with two vast oceans to east and west, and only Canada and Mexico to north and south, and decadently amuse themselves to death for all the rest of us care. But they still seem to have nostalgic imperial pretensions, so they want to spend mucho tax dollars on big-ticket ships and aircraft enabling them to tell brown people off.
I think cutting entitlements is a great start, but there is a lot more waste to be found than just in entitlements.
"Nondefense spending in 2023 is 18.6 percent of GDP, up from 12.6 percent in 2000. Thus, nondefense spending gobbles up a 48 percent greater share of the economy today than two decades ago."
The article doesn’t have a breakdown of what non-defense is, but also I would note that the article supports my view that Trump doesn’t care about cutting spending.
Curious what you would want to cut based off the breakdown:
It is well documented that dems were upset trump didn’t rule with an iron fist during Covid as they saw Covid as the perfect excuse to take govt control to the next level. Shutting more of the economy down for longer would have been a great way to destroy more businesses and create more unemployment which leads to more people dependent on the govt. Oh of course, trump ran the t
Proof that you've been propagandized and are too obtuse to realize it.
He tried cutting govt spending with doge but dems and the media fought their tails off to convince people that they are better off with less money in their own pocket and more money in the pocket of govt.
None of the money cut with DOGE went to taxpayers, so not sure what you're talking about more money in their pockets. Hint: everything from insurance premiums to gas prices and in between is higher due to Trump's policies and incompetency but keep sucking that Cheeto dick.
BTC down 40% since trump’s inauguration and down 20% since Election Day
Shoutout all the crypto shitbros who I pray got ****ing rekt
I'm actually kinda glad no one wants to waste any time trying to explain to blahblah how the govt works--feels like progress lol
BTC down 40% since trump’s inauguration and down 20% since Election Day
Shoutout all the crypto shitbros who I pray got ****ing rekt
Where's nuthouse?
He got thrown out of P&S except for the Canada thread iirc.
Posted on 5/18 shortly after Housenuts last post in this forum:
After your 24 hour ban you are confined to the Canada politics thread. If you post in politics outside that thread I will increase your ban until it is eventually permanent
He is posting in other forums currently.
BTC down 40% since trump’s inauguration and down 20% since Election Day
Shoutout all the crypto shitbros who I pray got ****ing rekt
I am no expert on these matters, but isn't the point to be on the right side of movements in price? If you do manage to do that - or rather do it often enough - you aren't really ruined just because the value drops over a period of time.
There is of course the special case of the system collapsing, leaving you with no career and the fallout that hits everyone. But that is a different ballgame.
BTC down 40% since trump’s inauguration and down 20% since Election Day
Shoutout all the crypto shitbros who I pray got ****ing rekt
The fact $MSTR is facing an 11b unrealized loss while during the same time the S&P500 is up a ton makes me very happy. **** Michael Saylor.
The United States is planning to impose a 12.5 per cent tariff on goods from Australia, alleging the country has failed to take action to prevent slavery and forced labour.
???
At what point does anybody do anything about this?
I am no expert on these matters, but isn't the point to be on the right side of movements in price? If you do manage to do that - or rather do it often enough - you aren't really ruined just because the value drops over a period of time.There is of course the special case of the system collapsing, leaving you with no career and the fallout that hits everyone. But that is a diff
Of course. But it’s more my giddiness that another single issue some iteration was all in on trump for going backwards bigly
Of course. But it’s more my giddiness that another single issue some iteration was all in on trump for going backwards bigly
lol no one with a brain sees BTC as an actual investment vehicle - I know you're probably googling everyday to find something to post against Trump, but think you dropped the ball here my man. What we actually care about is the stock market soaring, mortgage rates dropping, the 25k daytrader rule being removed today - good try though 😀
lol no one with a brain sees BTC as an actual investment vehicle - I know you're probably googling everyday to find something to post against Trump, but think you dropped the ball here my man. What we actually care about is the stock market soaring, mortgage rates dropping, the 25k daytrader rule being removed today - good try though 😀
1. Plenty of people think BTC is an "actual investment vehicle", and many of them are Republicans and/or Trump fans. Plenty of you types "actually care" quite a bit about BTC, no matter how hard you want to hand-wave it away.
2. Only ~60% of Americans own any stock at all, and the top ~10% own ~87% of all combined stock. The majority of Americans do not have a mortgage. Most of us who possess a soul measure the quality of the US economy on how it affects ALL Americans, not just your fellow small business tyrant types. Is income inequality continuing to grow? Can people afford all of their basic necessities without having to take a second job? These are the type of questions that measure the actual quality of life for your fellow humans; questions that should be on the forefront of the mind of anybody wanting to structure an economy toward the benefit of the vast majority of humans living within it.
You want defense spending equivalent to late/post WW2? I believe that would be in excess of ten trillion dollars per year.
I never said anything about wanting more def spending. If you follow the conversation I said trump tried cutting govt spending, spew said we should cut def spending and I said we have been for the last 70 yrs.
The article doesn’t have a breakdown of what non-defense is, but also I would note that the article supports my view that Trump doesn’t care about cutting spending.
Curious what you would want to cut based off the breakdown:
Non-defense from my article is everything that the govt spends except interest and defense. I want to cut from nearly every single line item your link shows plus some from the "mandatory spending" categories as well.
None of the money cut with DOGE went to taxpayers, so not sure what you're talking about more money in their pockets. Hint: everything from insurance premiums to gas prices and in between is higher due to Trump's policies and incompetency but keep sucking that Cheeto dick.
Every single penny that the govt cuts from its budget is one less penny that tax payers will have to pay back. Remember that the govt does not build and sell cars, microchips, ChapStick or hot dogs. Every penny the govt spends come from those that work outside of the govt.
Yeah, inflation couldn't have come from the govt shutting down parts of the economy, printing money and (figuratively) throwing sais money out of helicopters during/after covid.
The United States is planning to impose a 12.5 per cent tariff on goods from Australia, alleging the country has failed to take action to prevent slavery and forced labour.
richly ironic coming from a country with a massive prison slave* labor industry
*I'm sorry, our prisoners are paid some ridiculously tiny amount of money for their labor, so they're not technically slaves, all is well, please ignore
Remember that the govt does not build and sell cars, microchips, ChapStick or hot dogs.
They COULD sell those things or even issue important/necessary goods out without cost* if the powers that be were interested in improving the material conditions for all citizens. They could, and should, nationalize Amazon and use its delivery infrastructure to ensure prompt delivery of goods to all Americans, including the ones living in a remote area who would likely be underserved by any profit-seeking enterprise.
*this would likely entail increased taxation on the rich, so let's not hold our breath
They could, and should, nationalize Amazon and use its delivery infrastructure to ensure prompt delivery of goods to all Americans, including the ones living in a remote area who would likely be underserved by any profit-seeking enterprise.
This is a really bad idea.
btw, we already have a delivery infrastructure. It just isn't nearly as good because, well, it's the government.
This is a really bad idea.
btw, we already have a delivery infrastructure. It just isn't nearly as good because, well, it's the government.
Yeah, nationalizing the world's largest online marketplace is just idiotic because the government would still bear essentially the same operational costs
Just tax the **** out of them and regulate them, and let them offer the world what they want instead of running a global logistics system into the ground to where you don’t accomplish either goal. There are a dozen other areas worth nationalizing that would very likely make thins run for the people, this isn't one of them.
