2 ms·
two years is long enough to make deep cuts. there will be no big collapse, no big catastrophe. there won't be a 1991 Berlin Wall event. things will just get
by red-iron-pine 2y ago
two years is long enough to make deep cuts.
there will be no big collapse, no big catastrophe. there won't be a 1991 Berlin Wall event.
things will just get shittier and more expensive, and people will go out less, buy less, travel less, have fewer kids, etc.
- sundaeofshock 2y agoLet’s break this down. Payments on the debt (10% of budget) are already off the table. SS, Health Insurance (Medicare, Medicaid, ACA, etc) and defense represent about 58% of the budget. If we eliminate everything else, we are going after things like welfare, the VA, and veterans benefits, as well as subsidies to a variety of businesses. Bottom line, even if there wasn’t an economic impact, there will be some very pissed-off powerful constituents. At the end of the day, this whole process shows that Musk and Ramaswamy are clowns.