The fact is that hundreds of billions of dollars need to be cut from spending or tens of millions will die.
You guys don’t think your public sector jobs are harmless do you? Keynes kills. You guys are so far from reality. It’s the same here. We can keep the cheap REAL that’s no problem.
It’s the expensive public service salaries that weigh on anyone who does real work.
Any public service needs the occasional slash and burn impact. The effect on the deficit though is nowhere near large enough. To have a real impact social security, welfare, and medicaid must also be subject to slash and burn. They have started doing that. For example, they have already sacked staff from the Veterans Crisis Line.
Nowhere near large enough so don’t do it? That’s a kind of insanity that should send you to some kind of cold therapy or some other cure you can impose on yourself.
Yes of course you can cut spending enough. We have an embarrassment of riches to work with. The American have 420 agencies and thousands of Quangos when they need 20 departments max. 800’mitary bases when again they need 20.
And each dollar taxed if it’s not carefully sourced causes another 2 dollars in value destruction. Which would not be the case if you ran a pretty tight ship.
Added to that you have the massive subsidy to fraudulent medicine and to the financial system. Then if that isn’t enough you could launch the doge process on the states and release a tonne of resources there also.
You can’t seriously be suggesting that the Feds don’t take in enough tax? And no there is no need to cut unemployment or social security. Not when you have this mountain of parasitism to draw from.
Slashing staff from the veterans crisis line isn’t slashing welfare. These are high paid salaries. They then go on the welfare if they qualify. And bingo you have swapped expensive welfare for cheap welfare. In a trice they will be getting casual work and you will pull money from beer tax, fuel excise and you will be breaking even on these guys. Pretty soon you will be leeching off them,
You got 100 billion that’s not 100 billion off the deficit. That’s more like 300 billion. It’s not as hard as you think it’s just a moral question.
It’s a moral question and forming the resolution that from here on in you won’t be insane. You won’t be thinking that a high salary doing bullshit public sector work isn’t hurting the rest of us because it is.
"Nowhere near large enough so don’t do it? That’s a kind of insanity that should send you to some kind of cold therapy or some other cure you can impose on yourself."
You can't even comprehend simple English. I wrote nothing abouit tax. I wrote all public services need a slash and burn and there are plenty of areas to save money. Just how stupid are you? Or are you off your meds? FFS can't read simple English. You poor bxxstard. Yes Graeme, insulting people is child's play. Grow up.
Whatever you think they need to cut is irrelevant. They are already cutting welfare and Medicaid. Biden was going after Big Pharma but nothing yet to indicate Trump will. Big money is his friend. They are intending to spend more on the military. Politicians are ideologically and vote driven not logically driven. This is how insane it has become. The NGADs cost ~300 million each, so expensive the USAF won't bother. All those missiles they fire costs millions each. They should shut down most of the military bases and sack millions in the military but again not a vote winner.
They should be cutting Medicaid since it’s a subsidy to the drug companies. What welfare are they cutting? I won’t doubt you on that but your example was them cutting high salaried jobs for some kind of call centre so I am interested to know what you mean by that.
Trump is talking about cutting defence spending in half if he can get the three way deal between Russia, China and the US right. Doge will surely go after defence in bits and pieces. Going after Medicaid takes away some big pharma subsidies. It’s only been a few weeks after all.
I asked AI to list government departments and it said there were 1334 government entities for the Australian Feds. You could get rid of 1250 of these and not even kill anyone doing it. Welfare doesn’t matter so long as it’s straight transfer payments. It’s not a drama so long as you get rid of most of the public sector jobs.
I asked AI for the number of entities for the US Feds and it’s too much for the AI but it talks about 73000 to 80000 entities. I think this includes state government entities. There is so much to cut and you never need to get rid of even one nurse, teacher, nurses aide, cop, fireman or anyone with a real job.
The Vets Crisis Line is a call centre, not a high paying job. The deficit last year was 1.5 trillion dollars, that requires some huge cuts everywhere. Whatever you or I think is not in accord with what the GOP has long thought. The drug companies make most of their money through insured individuals. You are correct, there are huge rip offs occurring in US medicine. Medical costs are a leading cause of bankruptcy.
Keep in mind that he just passed 4 trillion in tax cuts. That's a huge amount to recover from just the public service. The USA is paradoxical. Full employment with severe labour shortages over the last 2 years yet still the deficit blow out.
There is no hope of a deal to cut military spending in line with Russia and China. Substantial savings should be possible but in the context of a rapidly arming China the USA will need to be very careful.
China is building nuke subs at nearly twice the rate of the USA, a crash program for building 2 5th generation fighter models, just flown a 6th gen prototype, and Russia will need years to recoup hardware losses from the Ukraine war. Defense spending is obscene, an indictment on humanity, but with China arming up so quickly I can't see the USA saving too much on defense. For example, an F16 costs US$30,000 per hour, a F35 $45,000 per hour. Trump is proposing a 50 billion cut for 2026. Good start but low hanging fruit, what happens in the following years with China arming up?
11 comments:
The fact is that hundreds of billions of dollars need to be cut from spending or tens of millions will die.
You guys don’t think your public sector jobs are harmless do you? Keynes kills. You guys are so far from reality. It’s the same here. We can keep the cheap REAL that’s no problem.
It’s the expensive public service salaries that weigh on anyone who does real work.
Cheap REAL welfare. It’s never been an issue in fact it frees up labour markets.
Any public service needs the occasional slash and burn impact. The effect on the deficit though is nowhere near large enough. To have a real impact social security, welfare, and medicaid must also be subject to slash and burn. They have started doing that. For example, they have already sacked staff from the Veterans Crisis Line.
Nowhere near large enough so don’t do it? That’s a kind of insanity that should send you to some kind of cold therapy or some other cure you can impose on yourself.
Yes of course you can cut spending enough. We have an embarrassment of riches to work with. The American have 420 agencies and thousands of Quangos when they need 20 departments max. 800’mitary bases when again they need 20.
And each dollar taxed if it’s not carefully sourced causes another 2 dollars in value destruction. Which would not be the case if you ran a pretty tight ship.
Added to that you have the massive subsidy to fraudulent medicine and to the financial system. Then if that isn’t enough you could launch the doge process on the states and release a tonne of resources there also.
You can’t seriously be suggesting that the Feds don’t take in enough tax? And no there is no need to cut unemployment or social security. Not when you have this mountain of parasitism to draw from.
Slashing staff from the veterans crisis line isn’t slashing welfare. These are high paid salaries. They then go on the welfare if they qualify. And bingo you have swapped expensive welfare for cheap welfare. In a trice they will be getting casual work and you will pull money from beer tax, fuel excise and you will be breaking even on these guys. Pretty soon you will be leeching off them,
You got 100 billion that’s not 100 billion off the deficit. That’s more like 300 billion. It’s not as hard as you think it’s just a moral question.
It’s a moral question and forming the resolution that from here on in you won’t be insane. You won’t be thinking that a high salary doing bullshit public sector work isn’t hurting the rest of us because it is.
"Nowhere near large enough so don’t do it? That’s a kind of insanity that should send you to some kind of cold therapy or some other cure you can impose on yourself."
You can't even comprehend simple English. I wrote nothing abouit tax. I wrote all public services need a slash and burn and there are plenty of areas to save money. Just how stupid are you? Or are you off your meds? FFS can't read simple English. You poor bxxstard. Yes Graeme, insulting people is child's play. Grow up.
Whatever you think they need to cut is irrelevant. They are already cutting welfare and Medicaid. Biden was going after Big Pharma but nothing yet to indicate Trump will. Big money is his friend. They are intending to spend more on the military. Politicians are ideologically and vote driven not logically driven. This is how insane it has become. The NGADs cost ~300 million each, so expensive the USAF won't bother. All those missiles they fire costs millions each. They should shut down most of the military bases and sack millions in the military but again not a vote winner.
They should be cutting Medicaid since it’s a subsidy to the drug companies. What welfare are they cutting? I won’t doubt you on that but your example was them cutting high salaried jobs for some kind of call centre so I am interested to know what you mean by that.
Trump is talking about cutting defence spending in half if he can get the three way deal between Russia, China and the US right. Doge will surely go after defence in bits and pieces. Going after Medicaid takes away some big pharma subsidies. It’s only been a few weeks after all.
I asked AI to list government departments and it said there were 1334 government entities for the Australian Feds. You could get rid of 1250 of these and not even kill anyone doing it. Welfare doesn’t matter so long as it’s straight transfer payments. It’s not a drama so long as you get rid of most of the public sector jobs.
I asked AI for the number of entities for the US Feds and it’s too much for the AI but it talks about 73000 to 80000 entities. I think this includes state government entities. There is so much to cut and you never need to get rid of even one nurse, teacher, nurses aide, cop, fireman or anyone with a real job.
The Vets Crisis Line is a call centre, not a high paying job. The deficit last year was 1.5 trillion dollars, that requires some huge cuts everywhere. Whatever you or I think is not in accord with what the GOP has long thought. The drug companies make most of their money through insured individuals. You are correct, there are huge rip offs occurring in US medicine. Medical costs are a leading cause of bankruptcy.
Keep in mind that he just passed 4 trillion in tax cuts. That's a huge amount to recover from just the public service. The USA is paradoxical. Full employment with severe labour shortages over the last 2 years yet still the deficit blow out.
There is no hope of a deal to cut military spending in line with Russia and China. Substantial savings should be possible but in the context of a rapidly arming China the USA will need to be very careful.
China is building nuke subs at nearly twice the rate of the USA, a crash program for building 2 5th generation fighter models, just flown a 6th gen prototype, and Russia will need years to recoup hardware losses from the Ukraine war. Defense spending is obscene, an indictment on humanity, but with China arming up so quickly I can't see the USA saving too much on defense. For example, an F16 costs US$30,000 per hour, a F35 $45,000 per hour. Trump is proposing a 50 billion cut for 2026. Good start but low hanging fruit, what happens in the following years with China arming up?
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