US US Politics General - Discussion of President Biden and other politicians

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Barry McKockner said:
Let's be honest here, they can't NOT spend the money or increase the deficit. The state the country is in is probably so fucked up from the clinton/bush/obama era that trying to fix it would cause the country itself to implode and crash. That's probably why you see so many people campaigning on fixing government spending, but all of a sudden they can't seem to do it once they get in. I suspect the web of spending is so severe that it doompills everyone who gets elected into voting for the status quo just so the whole thing doesn't crumble.
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That is partially the core of the matter. If you murder government spending, you'll create a ludicrous amount of deflation that'll make the Great Depression look tame and boring in comparison. This deflation would vaporise the fake and gay economy, and there would be a feedback loop in regards to government debt, which would be even more crushing since it's now worth more. Regardless of what one might think of the politicans and elites in general: they don't want to be perceived as completely insane or suicidal.

There's not much that you can do about it. Maybe if inflation went out of control, because then you need to cut spending to have that deflationary effect.
 
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Reinhardo-sama said:
That is partially the core of the matter. If you murder government spending, you'll create a ludicrous amount of deflation that'll make the Great Depression look tame and boring in comparison. This deflation would vaporise the fake and gay economy, and there would be a feedback loop in regards to government debt, which would be even more crushing since it's now worth more. Regardless of what one might think of the politicans and elites in general: they don't want to be perceived as completely insane or suicidal.

There's not much that you can do about it. Maybe if inflation went out of control, because then you need to cut spending to have that deflationary effect.
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The biggest problem is that America is massively a net importer of critical goods. It relies on the magical dollar to pay for everything it needs, and if that crashes people will starve and suffer because America doesn't have heavy industry or self sufficiency for it's citizens to fall back on. It would have to sieze massive tracts of underutilized land from megacorps and give them to homesteaders, and it would need to restart oil production and other industries in the face of massive distrust they America won't just kill the industries next election.

Things will get bad, and I don't think it really sinks in how bad things would get if the supply chain breaks down. I'd need more information for accurate projections, but there could be a 50% death by starvation rate in major cities with crime that spreads out to the nearby countryside.
 
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Romulus augustulus said:
once they get elected they get bombarded with a lot of very knowledgeable (supposedly) economists and bankers saying the money has to be printed or its the great depression all over again.

its how the bailout passed in 2008, greenspan, bernake and paulson went to congress and said "we need 1 trillion dollars right now or the US financial system will collapse in a week". no one was going to vote against that when you are confronted with the possibility of anarchy. I'm not saying they are right, but i sure understand.
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Reinhardo-sama said:
That is partially the core of the matter. If you murder government spending, you'll create a ludicrous amount of deflation that'll make the Great Depression look tame and boring in comparison. This deflation would vaporise the fake and gay economy, and there would be a feedback loop in regards to government debt, which would be even more crushing since it's now worth more. Regardless of what one might think of the politicans and elites in general: they don't want to be perceived as completely insane or suicidal.

There's not much that you can do about it. Maybe if inflation went out of control, because then you need to cut spending to have that deflationary effect.
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So in a way, America's financial situation could be described as the largest house of cards ever made?
 
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Betonhaus said:
The biggest problem is that America is massively a net importer of critical goods. It relies on the magical dollar to pay for everything it needs, and if that crashes people will starve and suffer because America doesn't have heavy industry or self sufficiency for it's citizens to fall back on. It would have to sieze massive tracts of underutilized land from megacorps and give them to homesteaders, and it would need to restart oil production and other industries in the face of massive distrust they America won't just kill the industries next election.

Things will get bad, and I don't think it really sinks in how bad things would get if the supply chain breaks down. I'd need more information for accurate projections, but there could be a 50% death by starvation rate in major cities with crime that spreads out to the nearby countryside.
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It would be bad for the first five years and then the US enters a new golden age, since there's a ludicrous amount of natural resources and farmland to support the population. If this was done in the EU, millions would starve and that's that. There would be no coming back, ever.

@Breadbassket ,
oh, yeah. This is a hundred trillion dollar plus anti-matter bomb of unfinanced liabilites, on top of the official 34 trillion dollar debt conventional thermonuclear device the feds owe to half the planet. And that's what we know of. There's the 1,000 trillion dollar galaxy buster that comes from shadow banking and other jewish trickery, too. But I wouldn't worry about that too much, nobody would be able to pay it, so...
 
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Potatoherder said:
They are handing the house properly to the Dems after this cucking on the $1.2 Trillion gift to biden. This is the last stand of the RINOs and if they allow them dems to ban Trump from office the party is dead.
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edit: the rules in wisconsin
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The last one to go will probably be Tom McClintock. Three R seats will be filled by the general election, which means more still need to resign if they want to go that route.

However, If two more R reps resign before May 21st, you could have a month of divided control.


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(Buck is also being replaced in June)
 
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Reinhardo-sama said:
It would be bad for the first five years and then the US enters a new golden age, since there's a ludicrous amount of natural resources and farmland to support the population. If this was done in the EU, millions would starve and that's that. There would be no coming back, ever.

@Breadbassket ,
oh, yeah. This is a hundred trillion dollar plus anti-matter bomb of unfinanced liabilites, on top of the official 34 trillion dollar debt conventional thermonuclear device the feds owe to half the planet. And that's what we know of. There's the 1,000 trillion dollar galaxy buster that comes from shadow banking and other jewish trickery, too. But I wouldn't worry about that too much, nobody would be able to pay it, so...
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At this point pretty much everyone is committed to preventing the collapse, as even America's enemies know that America will become strong a few years aftert the collapse
 
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Betonhaus said:
At this point pretty much everyone is committed to preventing the collapse, as even America's enemies know that America will become strong a few years aftert the collapse
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Well, there's a whole lot of retarded brown people who hate the US, but the governments of these places would be holding the bags full of the worst kind of shit ever assembled in the history of ever if America 'collapsed'. So, they do the rational thing: they help the establishment keeping the lights on. For now. There might be a time in which the commies in China have enough of holding bags and demand actual money instead of the toilet paper they've been receiving for decades in exchange for the plastic merch. Probably because the new commie government thinks the US actually has something of value (which is correct, but they don't know that).
 
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Romulus augustulus said:
once they get elected they get bombarded with a lot of very knowledgeable (supposedly) economists and bankers saying the money has to be printed or its the great depression all over again.

its how the bailout passed in 2008, greenspan, bernake and paulson went to congress and said "we need 1 trillion dollars right now or the US financial system will collapse in a week". no one was going to vote against that when you are confronted with the possibility of anarchy. I'm not saying they are right, but i sure understand.
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To be fair, they’re absolutely right. Nobody is certain about what would happen. They know it would be absolutely devastating to the worldwide economy but by how wide and how deep, nobody that’s credible actually knows. So the printers will keep printing for the foreseeable future. We will very likely have our national debt be at over $50 trillion by the end of the decade. That sounds crazy but so does $34 trillion and here we are.
 
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