Mostly. The crazy leftists like to fund the programs that enable people to succeed. The crazy right wing likes to cut taxes. The problem is that you don’t inherently need a balanced budget, which means that both sides can do what they want, and future generations - and quite possibly us at this disgusting multi multi trillion point - can get fucked. I personally feel that the leftists have geeeenerally cut about as much as you would want to cut out of the government, and at this point you have to raise taxes. However, that is deliberately an unpopular decision: it is way sexier to just spend money you don’t have and that your son is going to have to pay back. So Democrats get to be the responsible people - think of Obama’s first 11 months - and the Republicans get to be the irresponsible sexy fuckheads - think of Trump’s abortion of a tax bill. Shit seems sexy until you actually look at the details, and then you realize you are being absolutely fucked to make the rich richer at no benefit and great cost to yourself.
So yeah, bipartisan, but the current Republican economic strategy is catastrophic. Yay Oklahoma.
I have talked about it here before, but while the Trump deficit is going to be absurd and entirely unwarranted, national deficits and national debt aren’t the intrinsic evils they get made out to be.
Great opportunity to out the self-serving hypocrisy of pro Trump so-called deficit Hawks though.
I can’t think of any reason why Trump and the Republicans wouldn’t try to loot the treasury when they have all these poor idiots stanning for them no matter what they do. It’s like shooting fish in a barrel, and you win every time if you’re one of them.
President Trump did not follow specific warnings from his national security advisers when he congratulated Russian President Vladimir Putin Tuesday on his reelection, including a section in his briefing materials in all-capital letters stating “DO NOT CONGRATULATE,” according to officials familiar with the call.
Trump also chose not to heed talking points from aides instructing him to condemn Putin about the recent poisoning of a former Russian spy in the United Kingdom with a powerful nerve agent, a case that both the British and U.S. governments have blamed on Moscow.
The president’s conversation with Putin, which Trump called a “very good call,” prompted fresh criticism of his muted tone toward one of the United States’s biggest geopolitical rivals amid the ongoing special counsel investigation into Russia’s election interference and the Trump campaign’s contacts with Russian officials.
Russia is a bigger threat to Western democracy than North Korea yet Trump continues to try to be all chummy with Putin… for whatever reason. Why is our president so daft?
That shit about recycling milk bottles and not having escalators predates the Boomer generation, that’s more like the Greatest Generation (Great Depression-WW2).
I did not excuse Obama, he’s just as guilty of generational plunder and shortsightedness as Trump is. Americans need to develop some civic responsibility, bite the bullet and start increasing taxes if they want any kind of stable future. Trickle down is a proven lie, it never works. Cutting taxes and cutting spending is just passing the bill to the future generations.
OK, so the Boomers did recycle milk bottles for a time, doesn’t change the fact that they created the current mess America is in, Democrats and Republicans included.
When exactly did you think baby boomers start??? Hint it began with a war.
What mess did they exactly create? Certainly wasn’t climate change, they were far less dependent on technology and thus energy fuels. The upper end of them are mostly in retirement homes where they only go out once a week.
Most of them don’t even use computers right now, much less cell phones.
At least for my parents they started off exceedingly poor growing up. But with hardwork, a strong family structure, and a good work ethic they’ve moved from poverty to middle class.
They’re less dependent on credit cards, don’t have as much debt as they were instilled the value of saving money. And really weren’t apart of the housing crash.
If you want to start paying more in taxes then do just that. You start paying more. Cutting spending is one of the best ways to reduce debt. But no one wants the service that they use cut. The moment that happens, you’ll argue an emotional response which I honestly don’t give a shit about.
Boomers fucked up everything good, they thought the gold would never stop flowing.
Boomers could get a job at the snap of a finger and could pay off a house in a few years, now they complain about millenials getting everything handed to them, Old delusional fucks.
_Well, the damage done to the social fabric is pretty self-evident. Just look around and notice what’s been done. On the economic front, the damage is equally obvious, and it trickles down to all sorts of other social phenomena. I don’t want to get bogged down in an ocean of numbers and data here (that’s in the book), but think of it this way: I’m 41, and when I was born, the gross debt-to-GDP ratio was about 35 percent. It’s roughly 103 percent now — and it keeps rising.
The boomers inherited a rich, dynamic country and have gradually bankrupted it. They habitually cut their own taxes and borrow money without any concern for future burdens. They’ve spent virtually all our money and assets on themselves and in the process have left a financial disaster for their children.
We used to have the finest infrastructure in the world. The American Society of Civil Engineers thinks there’s something like a $4 trillion deficit in infrastructure in deferred maintenance. It’s crumbling, and the boomers have allowed it to crumble. Our public education system has steadily degraded as well, forcing middle-class students to bury themselves in debt in order to get a college education.
Then of course there’s the issue of climate change, which they’ve done almost nothing to solve. But even if we want to be market-oriented about this, we can think of the climate as an asset, which has degraded over time thanks to the inaction and cowardice of the boomer generation. Now they didn’t start burning fossil fuels, but by the 1990s the science was undeniable. And what did they do? Nothing.