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Increase in interest cost and inflation account for a sizable chunk but certainly not all of it.Has anyone in office even tried to understand how the federal government spent $4.4t in 2019 and now spends $6.8t?
This chart would make any reasonable person understand we have to have changes. This level of increase isn’t sustainable.
yeah, that’s why I also referenced inflation (a significant bump in Social Security payments a statutory increases for inflation, for example). Mandatory spending (interest, social security, Medicare, Medicaid a few others) account for most of the spending and most of the increases.Interest is a big chunk for sure based on that but even half of the increase.
Well, it is a matter of priorities as well. The increases need to be controlled but the tax cuts are starving the government of funds even as we keep spending and cost of debt has soared. We need to change both sides of the ledger, IMO. Instead the GOP is rushing headlong into adding another 3-4 Trillion to the debt.This chart would make any reasonable person understand we have to have changes. This level of increase isn’t sustainable.
We need a common sense party. Most Americans understand we have to cut expenses and raise taxes.Well, it is a matter of priorities as well. The increases need to be controlled but the tax cuts are starving the government of funds even as we keep spending and cost of debt has soared. We need to change both sides of the ledger, IMO. Instead the GOP is rushing headlong into adding another 3-4 Trillion to the debt.
That would be the Democratic party.We need a common sense party. Most Americans understand we have to cut expenses and raise taxes.
Maybe so but gosh they are so bad at politics and if you can’t win or message, it’s all irrelevant.That would be the Democratic party.
This right here is the message Democrats are so bad at communicating. They have tried to just be honest about it but most Americans don’t want to hear it. It makes me think the problem might not be Democratic messaging but a more a delusional electorate. So maybe most Americans don’t understand it.Most Americans understand we have to cut expenses and raise taxes.
Please provide evidence that most Americans support cutting spending…….not polls showing support for cutting “waste and fraud;” cuts in actual spending that substantially reduces spending in meaningful ways.We need a common sense party. Most Americans understand we have to cut expenses and raise taxes.
You've been duped. That chart is complete bullshit.This chart would make any reasonable person understand we have to have changes. This level of increase isn’t sustainable.
How is that common sense party going to work? Whose common sense? Yours? Because your common sense is usually objectively wrong, as evidenced by that nonsense chart and the conclusion you drew from it.We need a common sense party. Most Americans understand we have to cut expenses and raise taxes.