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[-] opus86@lemmy.today 25 points 1 week ago

Ah, Republicans. They make a huge deal about spending any time they are not in power and then spending like a drunk Sailor when in power.

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[-] MrSulu@lemmy.ml 23 points 1 week ago

Overseen by man with significant history of refusing to repay loans.

[-] towerful@programming.dev 21 points 1 week ago

Sounds like there needs to be some sort of efficiency department set up

[-] Aurenkin@sh.itjust.works 10 points 1 week ago* (last edited 1 week ago)

We can call it the Department Of Grifting Everyone

[-] ssfckdt@lemmy.blahaj.zone 21 points 1 week ago

Good thing the fiscally responsible party is in power

[-] UnderpantsWeevil@lemmy.world 4 points 1 week ago

Gotta spend money to make genocides

[-] BarneyPiccolo@lemmy.today 18 points 1 week ago

I just saw a study that said if Trump continued on at this rate, he will be responsible for 55% of the national debt. And that was BEFORE the Iran War.

When we get these psychopaths out, and start to rebuild, we already know that they'll suddenly get fiscally conservative, and they'll pretend to be concerned about spending.

When that happens, just take theirs away. THEY are responsible for the debt, so if it bothers them so much, they should be the ones to make the sacrifice to pay it back.

[-] RandallFlagg@lemmy.world 10 points 1 week ago

Republican administration completely fucks up the budget, leaves office with massive deficit

Democrat administration spends the next 4 years cleaning up that clusterfuck

GOP tells it's dumbfuck base that it's all the Dems fault that their 1996 Dodge Ram 3500 gets 8 mpg and they're gonna fix everything

Dumbfuck republican voters fall for it, yet again, because they never passed the 9th grade and have been huffing diesel exhaust for the past 20 years

Dumbfuck masses rally and vote in another Republican administration

That cycle has gone on repeat over and over and over again for literally my entire lifetime. It's all I know. That has been my experience with with the US government, for my whole life.

I'm tired, boss.

[-] Vorticity@lemmy.world 3 points 1 week ago

And the pendulum swings harder every time...

[-] Tollana1234567@lemmy.today 2 points 1 week ago* (last edited 1 week ago)

assume the dems are going to get in, given the recent events i dont see how some of them will get elected, with people like schumer/hakeems and the other dinos, NEWSOM is pretty unattractive right now . they are complicit to the GOP agenda, only AOC, bernie, and maybe some other is fighting it.

are people even going to remember what hakeem and schumer did in the next election, who they tried to shield when voting for the shutdown.

[-] The_Almighty_Walrus@lemmy.world 7 points 1 week ago

They already pretended to care about spending and then some guy called Big Balls helped Elon Musk harvest all our data

[-] M0oP0o@mander.xyz 9 points 1 week ago* (last edited 1 week ago)

I hate how that is not even a little taken out of context or exaggerated.

[-] Tollana1234567@lemmy.today 2 points 1 week ago

remember russia hacked the moment doge got access to the SS/ and other data.

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[-] INHALE_VEGETABLES@aussie.zone 4 points 1 week ago

Link to study please please please

[-] SabinStargem@lemmy.today 1 points 1 week ago

I kinda suspect that debts to people and companies within the US would mostly get erased. Because at the end of the day, money is a fictional thing we invented to make it easier to conduct trade. Odds are that we would take away the real valuables from the former elites - their buildings, land, assets, and finding jobs for honest workers at places that don't suck donkey.

We might be able to beg foreign nations to delay or restructure debts. Maybe. Depends on whether the diddler in chief presses the nuclear button.

[-] BlackLaZoR@lemmy.world 4 points 1 week ago

Historically this is always solved through inflation. Always.

[-] discocactus@lemmy.world 17 points 1 week ago

Just for the sake of argument: It's possible to create gasoline from any hydrocarbon feedstock (wood, cow shit, OSB scraps, rice hulls, sugar) for about $12/gallon. At 42 gallons of gas/jet fuel/diesel/kerosene per barrel of oil, that's roughly $504 of finished product per barrel (@ $12/gal).

That means $50 billion would get you about 100 million barrels of synthesized oil. Since the US consumes about 20,000,000 barrels of oil per day we'd be able to synthesize 5/7ths of our oil consumption from waste biomass for that $50 billion per week. Food for thought.

[-] Tollana1234567@lemmy.today 4 points 1 week ago

wouldnt it be pretty expensive to bio-convert plants/animals into fuel. instead of just extracting it from the ground. and not even including extracting it from things like corn.

[-] discocactus@lemmy.world 6 points 1 week ago

About $12/gallon. If you count the real cost of oil (forever wars, climate catastrophe), it'd be more than that. That's my point.

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[-] WolfmanEightySix@piefed.social 17 points 1 week ago

For healthcare? Education? Can’t possibly imagine what …

[-] assembly@lemmy.world 12 points 1 week ago

Maybe they are secretly building a super efficient and expansive social safety net behind our backs and making it a surprise!!!!

[-] Lemmyoutofhere@lemmy.ca 3 points 1 week ago

You are more likely to become soylent green.

[-] Diplomjodler3@lemmy.world 2 points 1 week ago

Dammit! Now you made me hungry again.

[-] fartographer@lemmy.world 3 points 1 week ago

Just nibble on your finger, Food!

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[-] hector@lemmy.today 2 points 1 week ago

No they are building a space ray to shoot down some planet we never heard of.

[-] BigJohnnyHines@lemmy.ca 2 points 1 week ago
[-] hector@lemmy.today 4 points 1 week ago

Well don't blame me, I voted for kodos.

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[-] HugeNerd@lemmy.ca 13 points 1 week ago

A billion here, a billion there, pretty soon you're talking real money.

[-] brem@sh.itjust.works 3 points 1 week ago

...but what about the bones?

They should be used for broth, not to sharpen the dentures of a senile old racist...

[-] Bamboodpanda@lemmy.world 13 points 1 week ago

They say anything to get into power. Literally anything. None of it matters and they know it.

[-] OfCourseNot@fedia.io 11 points 1 week ago

interest payments on the debt are expected to exceed $1 trillion this year

If my finger-counting math is right ye yanks, on average (including children), are paying ~$250 a month just in interests... I ain't no economist but that seems like a lot.

[-] fahfahfahfah@lemmy.billiam.net 4 points 1 week ago

Gets worse when you realize it’s mostly the middle class paying it

[-] OfCourseNot@fedia.io 11 points 1 week ago

There's no such a thing as 'middle class'. The working class is paying all of it.

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[-] Wilco@lemmy.zip 8 points 1 week ago

Damn ... if only there was a department of government efficiency to stop insane and fiscally irresponsible shit like this.

Or ... we need a branch of government that "controls the purse" so crazy spending like this doesnt happen.

[-] UnderpantsWeevil@lemmy.world 3 points 1 week ago

Actually, we did all those things and now America is Great Again

[-] cdf12345@lemmy.zip 1 points 1 week ago

We’re not even as great as we were a week ago.

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[-] Mulligrubs@lemmy.world 7 points 1 week ago* (last edited 1 week ago)

Trump has never paid his bills a day in his life.

He fucked over his own chauffeur, and thousands of his contractors and employees. He's declared bankruptcy something like eight times, leaving investors with nothing. He's gone to court over a thousand times; no other real estate developer has these problems. Interestingly, his mentor was Roy Cohn, who had the same issue of skipping bills (coincidentally I am sure).

So, long story short for libbies, Trump will buy a company named "American Fury MAGA USA Friends" and transfer all the country's debt to it, and THEN that company will declare a new feature he's devised, called "Supreme Bankruptcy" which cannot be overturned by the Supreme Court because it's Supreme, too.

Problem solved, in your face commies

......

Related to this problem, our entire country's financial system is based on debt; we don't even control our own money. The FED is controlled by select appointed bankers, who practically all work for banks or are on the boards of banks and investment firms before and after their appointed terms.

The dollar is worth less every year for a reason, it's called profiteering. It's designed to collapse; with each collapse these same interests buy everything once prices are tanked. Then, they start the process again. Every year it gets exponentially worse because math is mean.

They don't even hide it.

https://www.federalreserve.gov/aboutthefed/fedexplained/who-we-are.htm

[-] Tollana1234567@lemmy.today 2 points 1 week ago

his bankruptcies are intentional to allow russia to money laundering through his properties. he also somehow ousted MARY TRUMP of the will of his parents too.

[-] Tollana1234567@lemmy.today 3 points 1 week ago

no wonder they had to slash all the departments, and not keep the extended subsidies for healthcare.

[-] Gammelfisch@lemmy.world 3 points 1 week ago

The Rothschild family and banks are delighted with the shit situation. They have the USA by the balls.

[-] BlackLaZoR@lemmy.world 3 points 1 week ago

They have a plan: They'll borrow money to pay the debts and to spend on top of that.

Literally infinite money glitch

[-] SabinStargem@lemmy.today 2 points 1 week ago* (last edited 1 week ago)
[-] minorkeys@lemmy.world 2 points 1 week ago

The US, like all governments, can simply create money. Unlike most commodities, modern currencies are gated only by the choice to do so. Just change the number in the computer. Trump can simply choose to create money and give it to himself. That's what he wants, which is why he's hounding the fed to reduce rates, so he can create more money. Then he just gives it to himself and his allies through some obvious scheme or direct it to his efforts, despite no congressional approval of the funds purpose. The massive increase in expenditures of the US government is just Trump printing money to give himself and his allies. It's insane to give someone like Trump control of a system whose only real barrier is a choice.

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[-] corsicanguppy@lemmy.ca 1 points 1 week ago

Those $2-mil missiles add up fast.

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this post was submitted on 10 Mar 2026
93 points (97.9% liked)

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