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The US is borrowing too much money, and that's what's driving rates higher, former Dallas Fed President says


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2 hours ago, Crnr2Crnr said:

The US is borrowing this quarter will amount $8.66 billion dollars a day. 

https://markets.businessinsider.com/news/bonds/us-debt-federal-deficit-interest-rates-fed-hikes-treasury-issuance-2023-10

 

Everyone knows the problem, but anyone that will fix it is demonized for the programs that they need to cut.

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1 hour ago, racer254 said:

Everyone knows the problem, but anyone that will fix it is demonized for the programs that they need to cut.

Cut the military budget to zero and then start working from there 

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1 minute ago, Crnr2Crnr said:

71% for each dollar above $1M in income.  because Fuck these YouTube influencers and professional athletes. 

:lmao: Is that a libertarian or conservative view giving the govt that much money/power? 

Edited by Highmark
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1 minute ago, Crnr2Crnr said:

are you a YouTube influencer? 

obviously you're not a professional athlete... 

Maybe I am both.  :lol:  

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A good start would be to go back to pre pandemic spending.  Can't even do that.  Take MN for an example.  17 billion dollar surplus.  Increase the budget by 19 billion.  Problem solved...  They say all the trees in Iowa lean to the north because Minnesota SUCKS!!!!  

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8 hours ago, SnowRider said:

Trump and the Repugs had their chance….what happened? :snack:

What happened?  Lets see, pandemic, border crisis  inflation ukraine, green agenda.  All dem policies that YOU are voting for.  You are a traitor just like every pos who voted for this crap admin.  Yet you won't admit it and continue to place blame on anyone but yourself.

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6 minutes ago, DriftBusta said:

If the R's get a majority in the senate, and keep the house, your little party is over.

Spending cuts like Bush and Trump :snack:

 

:lol: 

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25 minutes ago, SnowRider said:

Spending cuts like Bush and Trump :snack:

 

:lol: 

As opposed to voting for a party that does not even want to cut spending and runs on a platform that supports MORE spending.  I will take my chances and vote for the candidate who will at least try and make cuts, and then get blocked at every turn by democrats and pro-spending republicans.

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4 hours ago, racer254 said:

What happened?  Lets see, pandemic, border crisis  inflation ukraine, green agenda.  All dem policies that YOU are voting for.  You are a traitor just like every pos who voted for this crap admin.  Yet you won't admit it and continue to place blame on anyone but yourself.

we never did get to see how much money Trump would have blown on his infrastructure and health care plans, so there's that. 

 

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1 minute ago, Crnr2Crnr said:

we never did get to see how much money Trump would have blown on his infrastructure and health care plans, so there's that. 

 

So he didn't spend any $$$ on it.  That's great.   On the other hand, we are now spending more money on the border, Ukraine and the ME.  All while inflation is still going crazy.....good thing we got trump out.  Fucking dipshits.

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