Originally posted by: Charles Higgins
After reading the conflicting arguments in this thread, the ONLY inferred solutions involve the complete obliteration of the opposition. That's what it all says...and because of reality it won't work, fellas. Both parties are responsible..both sides / parties have to take tiny miniscule baby steps in addressing an incremental fix. Sounds reasonable (or not)..but how do we approach it? Just kill the other side? Nobody truly looks good in orange.
If we're to believe market and governmental figures that federal debt to GDP ratios are 130+% currently, that represents a large red flag and a large indicative WTF? Average US citizens and / or businesses would have to file for various forms of bankruptcy in that situation. The govt (all sides) spends too much, wastes too much, and it's own coffers and size just continues to swell daily ( granted, thats a typical R/ conservative attitude on its face). In real life, the current US government is literally broke/ destitute from a money management standpoint. The citizens can't get away with it..why should the government?
I'll just suggest that one possible starting point is term limit legislation. Don't laugh / drool / ejaculate. The likelihood of that happening is zero because of the legislative participants; this argument/ discussion has been around for decades and nothing has changed. In order to accomplish some form of term limits, the House and Senate members essentially poop in their own oatmeal protecting their self-enrichment despite the established fact that 7 or 8 of ten US voters favor introduction of TL in some form. What happened to all that government "of, by, and for the people" historical mantra? It's bullshit in today's reality, sadly.
The last time the US govt had a budget surplus was in 2001, under Clinton and an R - controlled Senate and House ( even though at that same time the national debt did in fact increase).They somehow found a way to compromise as a representative governing body "of, by, and for the people"; then Bush 2 showed up and raided the coffers and..from there we just sailed down a perpetually increasing fiscal / monetary slide to hell. Does it bother you as a tax payer? Are these people responsible..or not?
Term limits..that's one prescription favored by taxpayers Tell me why not? You can use all the standard con arguments against it...but it won't sway the consensus of the voting citizenry .
First of all: term limits, though ostensibly attractive, are in reality useless. One party or the other will just generate a clone of whatever politician is getting past his sell-by date. Heck, the Republipigs have some guy named Razzamatazzy or something like that who is styling himself as a much younger but otherwise stone cold duplicate of Trump--just in case.
One thing I find annoying is that the kerfuffles about debt limits deficits blah blah blah ignore two simple realties:
1) Government spending MUST increase on an absolute basis, just to keep up with the needs of an increasing AND aging population. (That population ages less quickly if we admit more FEELTHY IMMERGENTS.) So bleating about "record spending" is just a tactic to gin up the goobers and obscures the real issue, which of course, is the idea.
2) Debt is NOT an inherently bad or eeeeeeevil thing. Debt can be used to finance endeavors that cannot be even started otherwise. And don't forget that the true cost of debt isn't interest; it's interest minus inflation. So given that a LOT of US government debt carries an interest cost BELOW inflation, that's a great deal for us!
So let's for one moment admit that we're not going to fix all these problems very soon, especially since we can't even agree on how serious those problems are. How 'bout we do this, at least? The US is able to carry all this debt because it is (still) the number-one debtor, ratings-wise, in the world. Thus, interest costs are low. How can we fuck that up? By hinting to the world that we might not pay our debts after all. Enter the RepubliQ with their virtue signaling, culture wars, insurrection(s), and cherry on sundae drum roll please, trying to blackmail the government and threatening a shutdown every goddamn year the budget has to be reconciled.
So though you say it won't work, still, the solution that suggests itself is to march all the Republicans out of the Capitol in chains and into a giant woodchipper waiting on the front steps. You see...this is a problem that they have zero interest in fixing because its existence gives them leverage. No matter how much harm it causes. Charles, your gang is willing to drag the country down with them. I hope that it costs them big time.