The most prestigious law school admissions discussion board in the world.
|
 |
 
|
so what happens when USA cant run a 6% annual deficit anymore?
Poast new message in this thread
Date: November 8th, 2024 1:35 PM Author: AOC TEAM SIX In 10 years, interest payments will be more than total non-discretionary spending. Is the US govt just going to be social security and medicare by then?
https://www.cbo.gov/publication/60419 |
Date: November 8th, 2024 1:40 PM Author: piv Inflation nigga (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311141) |
 |
Date: November 8th, 2024 1:43 PM Author: ,.,,.,.,,,,,,..................... Yes, inflating away the debt is the politically most palatable option. No politician has to vote to raise inflation, so they can't be held accountable. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311157) |
|
Date: November 8th, 2024 1:44 PM Author: AOC TEAM SIX This doesn't work like you think it does. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311167) |
|
Date: November 8th, 2024 1:41 PM Author: ,.,,.,.,,,,,,..................... I honestly can't wait. Both parties are responsible- whenever they have gotten control of Congress and the White House each has completely blown out the debt, with the only difference being who benefited. Both parties agreed that we should buy prosperity now on the backs of the next generation. In Germany even the most lefty politician would be regarded as a fiscal conservative by US standards.
It's clear that the end of this farce is approaching because of the impending Social Security bankruptcy around 2030. Even delaying it will require mind-boggling sums of money, which can only be paid at great pain to someone. Dems are much better positioned here, since Republicans will never be able to convince anyone that they won't be protecting the rich in making these decisions. |
|
Date: November 8th, 2024 1:43 PM Author: AOC TEAM SIX Its funny that the people so happy for the recent stock gains are going to be paying for those gains by giving up social security payments when they get means tested later.
|
|
Date: November 8th, 2024 1:47 PM Author: .,.,....,.,.;,.,,,:,.,.,::,...,:,..;,.., SS isn't going "bankrupt" you fucking tard. if anything they'll just raise the cap and cut benefits for anyone with $ (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311184) |
|
Date: November 8th, 2024 1:48 PM Author: AOC TEAM SIX Wow. Its almost as if you are dumb enough to think that a bankruptcy means that no creditors get paid. Did you know that its possible for *some* to get paid in full and for *some* to get less than in full?
|
|
Date: November 8th, 2024 1:51 PM Author: gedood persoon lol @ the term "bankruptcy" having any meaning at all as applied to social security (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311216) |
|
Date: November 8th, 2024 1:52 PM Author: AOC TEAM SIX Everyone knows what that means except some faggot lawyers here for some reason. weird. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311229) |
|
Date: November 8th, 2024 1:54 PM Author: ,.,,.,.,,,,,,..................... Ok, is "automatic benefit decreases" better? 20 percent or so I believe. Because that's what happens starting in 2030 or so barring major changes. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311240) |
|
Date: November 8th, 2024 2:51 PM Author: .,.,....,.,.;,.,,,:,.,.,::,...,:,..;,.., They’ll just raise/remove the cap. Umc wagecucks will keep wagecucking regardless. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311557) |
|
Date: November 8th, 2024 1:44 PM Author: hock tooah It’s just a bunch of made up jew bullshit anyway (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311168) |
|
Date: November 8th, 2024 1:45 PM Author: borders (retired) We’re either doing an economic miracle on par with prewar Germany or we’re headed for ite2. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311173) |
|
Date: November 8th, 2024 1:49 PM Author: AZNgirl aborting AZNbaby to celebrate Trump Win entire western civ is furked for many reasons but this is the biggest one. in hindsight who the furk though running even just 2% budget deficits a year is ok? just doing that 40-50 years u are already furked, these faggots were running above that even in "normal" times
u tell ppl govt will take care of u, reduce risk of this and that, then u dont ask how u pay for it, just basically force it on future unborn generations, its all lolzy such a kike economic system, i mean im not trying to be an antisemite but there's probably some jews who maek lots of money off this system and they shld be gassed and/or burned on a stake |
|
Date: November 8th, 2024 1:51 PM Author: ,.,,.,.,,,,,,..................... Japan has the highest debt in the world so it's not just Western Civ. It's long been recognized that this is one of democracy's weak points, since there is obvious temptation for citizens to vote for themselves to get benefits and tax cuts.
|
|
Date: November 8th, 2024 1:51 PM Author: ,.,,.,.,,,,,,..................... China has huge debt too. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311222) |
|
Date: November 8th, 2024 3:02 PM Author: AZNgirl aborting AZNbaby to celebrate Trump Win most of their debt is domestic or some shit. they have an amazing economy. it actually maeks shit instead of just printing fake money for jews. veddy odd case (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311646) |
|
Date: November 8th, 2024 1:56 PM Author: we are definitely claiming fraud trumpmos why should we have to pay for the debt that boomers got us into? (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311243) |
|
Date: November 8th, 2024 1:57 PM Author: AOC TEAM SIX pretty sure we are running WW2 style deficits now and not during the boomers period (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311250) |
|
Date: November 8th, 2024 2:53 PM Author: cock of michael obama solution is abolish the fed, execute the fed's owners after trial for treason, then do massive debt jubilee (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311578) |
|
Date: November 8th, 2024 3:02 PM Author: AZNgirl aborting AZNbaby to celebrate Trump Win turkish POTUS tried something like this, hilarity ensued (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311652) |
|
Date: November 8th, 2024 3:04 PM Author: .....,,,,,...,,,,,..,.,,,,,.,,. I don’t know but I just lol whenever someone suggests that social security will be cut in any meaningful way ever. Good luck with that. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311661) |
|
Date: November 8th, 2024 3:15 PM Author: borders (retired) Idk why they keep saying that. They’ll just make it shittier for gen alpha. They are like 60% URM anyway (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311711) |
|
Date: November 8th, 2024 3:24 PM Author: AZNgirl aborting AZNbaby to celebrate Trump Win they cld at least raise retirement age, peg it to age expectancy
and then cut benefits for rich
and also take 25% and let it go into stock market
but ljl US cannot do anything, tis lolzy this is when u know a country is toast when it cannot even do BAD things, literally it just keeps the same shit rather than risking trying to change anything |
|
Date: November 8th, 2024 3:50 PM Author: sph GOP is in power now, and they've always been opposed to deficits (while Democrats were in power) so I'm sure they'll make the hard choices needed to get it under control, inclusive raising taxes to run a surplus to pay down debt. (http://www.autoadmit.com/thread.php?thread_id=5630245&forum_id=2/#48311919) |