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How is growing dept a good thing? How is cutting costs a bad thing? Have you seen Argentina example? How did it turn out? Can the same thing be done in USA? Onl
by cryptoegorophy 2y ago
How is growing dept a good thing? How is cutting costs a bad thing? Have you seen Argentina example? How did it turn out? Can the same thing be done in USA? Only reason to say no is because someone is directly profiting from not cutting costs.
If you know Musk's story then you know why he is the only best candidate to do so.
- ben_w 2y ago> How is growing dept a good thing? You can afford it, it's fairly close to a neutral thing, for a government to have debt. Right now, the US gets to set the terms for those loans. > How is cutting costs a bad thing? Consider weight as an analogy: Most people can do with loosing weight, losing weight by getting enthusiastic amateurs to perform a quadruple amputation is not advisable. Musk's target can only be met by deleting your entire armed forces. And then you have to find another $1.2 trillion. So the military and the entire CIA, FBI, NSA, DHS, NASA, Federal Highway Administration, FAA, the Department of Agriculture, the Department of Commerce, Department of Justice, the Treasury, … … all that plus the military still doesn't add up to Musk's target. Unless you want to cut stuff that's considered "mandatory" (like military pensions), or the interest repayments on the very loans you wish you didn't have.