32 Replies to “Great Success!”

  1. Cut Spending
    Cut Spending
    Cut Spending
    Cut Spending
    Cut Spending
    Cut Spending
    Cut Spending
    Cut Spending …

    But nobody has the BALLS to do it. So we will all have to end up like the State of CA … where none of the tax dollars go to anything NECESSARY, or PRODUCTIVE … like building and maintaining roads. We will keep paying HIGHER taxes … and get less and less in return. It’s a piggish, short-sighted, idiotic, way to govern … but if crashing the US … and the world’s economy means you get re-elected … then … on and UP goes the spending.

    1. Spending should have been returned to pre-Covid levels.

      Biden has set US up for bankruptcy. The Republicans in Congress second the motion by not cutting $2 trillion from the budget.

  2. What happened to DOGE? I hear very little about it lately, and it’s doubtful that it could ever have a meaningful impact on the budget given the scale of the spending increases. Trump seems to be okay with the budget, leading me to believe that he’s more of a big government liberal, ideologically speaking.

    2. Yup.
      As one example, DOGE identified 15 million people who were 120 years old – meaning 15 million cases of fraud based on age alone.
      I assume for Social Security and at a grand a month each that would be 180 billion a year. Not a small amount.

    3. Congress won’t act, that’s the core problem. And it’s Congress that ultimately controls appropriations. Musk / DOGE can find all the waste it can, but so long as Congress shrugs its shoulders at it all and goes, “Meh, we don’t care,” then DOGE’s efforts are ultimately a drop in the ocean, and a wasted one at that. I think this is the key reason that Musk is walking away.

      Trump, to me, seems to have lost focus since his first 90 days or so. He’s taking less decisive action as his term continues. Meanwhile the clock’s ticking to summer 2026 when the Uniparty (R) can throw the midterms and reinstall the Uniparty (D) in Congress and hobble the rest of Trump’s term.

  4. But, but, the Department of External Revenue will be raking in trillions of dollars!!!!

      1. Billions in revenue; trillions in spending; sounds like Trudeauopean economics.

        1. See: my post above. Yes, Trump is as weak as the ollllld Republicans who kept voting for “infrastructure” Bills … Obama’s AND Obama’s 2nd one, err Biden’s “infrastructure” Bill which was nothing more than a giveaway to leftist State and Local governments which had spent THEMSELVES into bankruptcy.

          No, let me go on record that THIS Trump-admirer doesn’t like deficit spending … at all. Because the “music” WILL eventually stop.

          However! Lost in that CBO “scoring” of a $3T deficit … is the fact that the CBO never calculates INCREASED tax revenues from tax cuts. But tax cuts spur greater economic activity … greater job creation and hence increased tax revenues. But the “genius” leftist accountants at the CBO who HATE tax cuts … refuse to project revenue neutrality and certainly not revenue positivity. They’re WRONG … and their $3T deficit projection is fatally flawed.

  5. This is a recipe for economic disaster on a scale the world has never seen. The dirty 30s will look like a Sunday school picnic by comparison. And when economies around the world crash, war follows inevitably.

    Whatever cannot continue will not continue. I would say we have less than 10 years.

    1. Sooner or later, someone is going to have their debt called and then things will get very interesting, very fast.

  6. President Trump is counting on the economic boom due to low energy costs , foreign investment and tariffs ……… hoping the economy will hold together until the RHINOS are destroyed in the 2028 elections…. once He has the loyal MAGA congress and senate he needs…… well … one step at a time EH!
    cana_duhs only hope is the U.S. fighting off this commie take over……
    j.m.h.o.

  7. l really dont know what lm going to do when it all caves in.
    l can see it coming but lack the financial acumen to deal with it
    and survive financially.
    aaaaaaaand lm not alone eh?

      1. “No debt, know how to do and grow stuff, stay away from the cities. Buy ammo.”

        Good advice. Your financial situation will be less important if the entire economy collapses….the other stuff will be critical.

        1. But only if you first stockpile a shitload of non-perishable foods (for yourself and extra for trading), water, medicines and first aid stuff, hygiene products, basically the things that you use and need for everyday living.

          Also, stash away alot of booze and cartons of smokes for trading purposes.

          Guns and lots of ammo will definitely be necessary too. If you can’t get a hold of firearms legally, you could always make tube shotguns (look it up on the internet). Buy bear spray. You could also make your own pepper spray easily enough.

          Try to convince family members and friends to do likewise. In other words, form a kind of defence-survival community, and stay away from crowds, practice situational awareness and always watch your 6.

    2. Study Bitcoin for 100 hours. Then buy Bitcoin. Dollar cost average your way in. Once a week or once a month. Bitcoin is the 5th largest asset in the world. A triple entry ledger , broadcast around the world, internet and satellite, audited every ten minutes. The best performing asset in the world 11 out of the last 14 years. I live in Canada, I buy Bitcoin to get less poor, slower.

  8. No – this is all wrong.

    First the big B. Bill is a reconciliation pass bill – not a budget bill. It has 1.5 trillion in 10 year doge savings and continues tax rates otherwise set to increase. The doge improved budget bills are coming, but require 60 votes to pass.

    Second: the OMB impact estimates are somewhat dishonest because they discount productivity change and tariff impacts. In reality even minor change in energy production plus tariffs will wipe out the deficit in 10-16 years depending on compromises and the effect AI adoption has on medical and social care costs.

    Note that AI impacts health care in an unusual way: basically it gives every hospital access to TV’s Dr. House – and that will reduce mis-diagnosis and medical error (the two greatest cost drivers) considerably.

  9. Gold? Silver? Bitcoin?

    To buy what exactly?

    When things totally “go south”, what are you going to buy? Grocery stores and gas stations unaffected?

    If you have stockpiles of goods, the majority, or “authorities”, will overwhelm you, kill you, and take your stuff.

  10. Hmmm .. why do governments “borrow” money from people they have empowered to create money? The money supply keeps growing for a number of reasons and government plays a (perhaps) legitimate role in calling for more money in circulation — why does it then pay someone else to supply that new money? It’s a means of creating more wealth for the wealthy without them having to build anything to justify the income. Capitalism at the multi-billionaire level is populated with grifters.

    1. Government has the power to print money, but only the private sector can create wealth.

      For an example of what government printing money can result in, check out the Zimbabwe inflation crisis where they reached a peak inflation rate of 89.7 sextillion percent year-on-year.

      The US is better positioned because it is the world currency, but if it loses that status, they’re doomed.

      1. If you look at the US money supply (M2 and M3), America has printed an average of 8.5% of its currency per year, every year since 1970. That is why a $3,000 car from the 1970s costs $43,000 today.

  11. DOGE identified a lot of fraud and waste which must be eliminated. This may help, but it will not solve the problem.

    The problem is that 2/3 of the spending are things the U.S. Federal Government is not supposed to be doing. This is mostly Social Security, Medicaid, and Medicare, but also other smaller things like Department of Education, USAID, Department of Agricultural. About 10-12% of spending is interest payments. Some of the smaller things can be eliminated, but this won’t solve the problem.

    I think the best course of action is to push Social Security, Medicare, and Medicaid to the States under the cover of the 9th and 10th Amendments. The Federal Government has no Constitutional power or authority to do these things, so they need to be canceled or pushed to the States. The States can decide if they want to continue these things. Taxpayers can then decide whether they want to live in States with broad social spending or not.

  12. One of the features of a fiat currency is that one day the whole system crashes and you get to start over with slightly different rules – or maybe totally different rules. I don’t think we’re there yet so I’m not buying popcorn but I might by popcorn futures.

    One of the problems with turning your economy over to the government is that it is stupid enough to think it can run it. And it does, right into the ground. But I think we are 5 Presidents away from catastrophe.

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