Will Congress repeat the 2011 "Gov Shutdown" again ?

Discussion in 'Trading' started by lx008, May 25, 2023.

Will Congress repeat the 2011 "Gov Shutdown" again

  1. Yes

    2 vote(s)
    66.7%
  2. No, gov debt ceiling will be raised before the deadline.

    1 vote(s)
    33.3%
  1. albion

    albion

    Your response is a incoherent as ever. But to be clear, discretionary spending has decreased by 40% over the years. And the main increase to the deficit in the last couple of decades was the Bush and Trump's tax cuts for the rich and corporations; Democrats have diminished the debt when they were in office relative to Republican increases; for instance Biden has diminished Trump's massive debt increases by 2/3rds. If we rolled back the Trump tax cuts that would fix much of the current spending issues. Another way to visualize the reality versus the rhetoric is visualizing federal interest payments on the debt as a percentage of GDP.

    FYOIGDA188S_2023-05-25_10-55-00.png
     
    #11     May 25, 2023
    murray t turtle likes this.
  2. %%
    ALL of gov spending is up any way you measure it honestly\ from gov + President Andrew Jackson. Your small sample is misleading, but most likely right on 5 or more sane repblicans.
    Red Sea Rules is a good book for you.
    Us state dept warned stay away from Red sea ,2023.Ok, fine by me.
    Simple solution to your hatred of tax cuts, send as much as you want to Us treasury\LOL:D:D
     
    #12     May 25, 2023