Our military is unbelievably massive, I think we can afford a cut or two, don’t you?
Just cutting military bases alone would save quite a bit…
Also, our Navy doesn’t need to police the planet, seven carrier groups? One carrier alone is ridiculously expensive.
We can increase taxes on the super wealthy AND make military cuts AND other measures besides, none of which are important for the USAs defense, none of which benefit citizens.
Worst case scenario? There’s a financial collapse for a few years, maybe a decade; and it will happen sooner rather than later. If things are as you suggest (debt so high that increased taxes can’t help) the collapse is inevitable anyway, yeah?
The collapse is coming. And it will take 30 yrs to recover, not 10. I agree we need cuts, but if we want to keep living the lifestyle we have we need a big military to maintain the money printing. We essentially live middle class lives because we tax the world using USD as a reserve and print devaluing other countries USD spending power. Once we lose that is game over, and we are so far in debt we can’t get it of it.
This has happened to every world reverse currency and the US is no different. The US is taking the same trends has every one before it.
My only advice to you if keep storing assets like gold so when the crash happens you can buy into another currency and protect yourself.
We CAN afford food for our own people. People like MAGAts just don’t WANT to.
And for the record we can afford to do BOTH.
Tax the rich!!!
The debt to gdp ratio days otherwise
Our military is unbelievably massive, I think we can afford a cut or two, don’t you?
Just cutting military bases alone would save quite a bit…
Also, our Navy doesn’t need to police the planet, seven carrier groups? One carrier alone is ridiculously expensive.
We can increase taxes on the super wealthy AND make military cuts AND other measures besides, none of which are important for the USAs defense, none of which benefit citizens.
Worst case scenario? There’s a financial collapse for a few years, maybe a decade; and it will happen sooner rather than later. If things are as you suggest (debt so high that increased taxes can’t help) the collapse is inevitable anyway, yeah?
The collapse is coming. And it will take 30 yrs to recover, not 10. I agree we need cuts, but if we want to keep living the lifestyle we have we need a big military to maintain the money printing. We essentially live middle class lives because we tax the world using USD as a reserve and print devaluing other countries USD spending power. Once we lose that is game over, and we are so far in debt we can’t get it of it.
This has happened to every world reverse currency and the US is no different. The US is taking the same trends has every one before it.
My only advice to you if keep storing assets like gold so when the crash happens you can buy into another currency and protect yourself.