Forbes: Why Trump Is Right About Ending The Debt Ceiling

POSTED BY: 6ixStringJack
UPDATED: Wednesday, April 2, 2025 21:25
VIEWED: 305
PAGE 1 of 1

6IXSTRINGJACK

Wednesday, April 2, 2025 11:18 AM

https://www.forbes.com/sites/steveforbes/2025/03/31/why-trump-is-right
-about-ending-the-debt-ceiling/

I happen to strongly disagree with this one.

Best case scenario, it can at times at least serve as a minor deterrent. Worst case scenario at least they're pretending to be responsible and that there are guardrails.

I agree it doesn't appear to have done a whole lot of good so far, particularly in the last 20 years...

Just the other day I heard Elon say something along the lines of "DOGE is looking to cut $1 Trillion worth of spending.

NOT GOOD ENOUGH.

Joe Biden*'s deficit in 2024 was $2.297 Trillion.

Joe Biden*'s deficit in 2023 was $2.239 Trillion.

Joe Biden*'s deficit in 2022 was $2.500 Trillion.

Joe Biden*'s deficit in 2021 was $1.483 Trillion.

Trump's first 3 years were already bad at $672 Billion in 2017, $1.271 Trillion in 2018, and $1.203 Trillion in 2019 and then $4.226 Trillion was added after Covid was fabricated.

Cutting only $1 Trillion out of the budget brings us back to Trump's pre-covid worst year.

You'd better do a lot better than that. And you'd better not cut any fucking tax rebate checks if you're still running a $1.3 Trillion deficit.

SECOND

Wednesday, April 2, 2025 8:20 PM

As of March 30, 2025, the U.S. national debt, or gross federal debt, is approximately $36.22 trillion. In 2024, the wealthiest 1% of American households held approximately $49.2 trillion in wealth, representing over 30% of the total wealth held by all U.S. households. The easiest solution to the National Debt problem is for the Top 1% to pay the debt, but Elon Musk doesn't want to pay by transferring stock to the Federal government. He would still be worth billions of dollars even after he paid.

https://www.visualcapitalist.com/a-visual-breakdown-of-who-owns-americ
as-wealth/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

6IXSTRINGJACK

Wednesday, April 2, 2025 9:25 PM

Quote:
Originally posted by second:
As of March 30, 2025, the U.S. national debt, or gross federal debt, is approximately $36.22 trillion. In 2024, the wealthiest 1% of American households held approximately $49.2 trillion in wealth, representing over 30% of the total wealth held by all U.S. households. The easiest solution to the National Debt problem is for the Top 1% to pay the debt, but Elon Musk doesn't want to pay by transferring stock to the Federal government. He would still be worth billions of dollars even after he paid.

https://www.visualcapitalist.com/a-visual-breakdown-of-who-owns-americ
as-wealth/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Explain how that solution is easy.

I know a dumbtard like you has to have more than "one number is bigger than the other", right?

--------------------------------------------------

"I don't find this stuff amusing anymore." ~Paul Simon