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At some point there will be a need for austerity measures and rising taxes, and whoever will do that will be very unpopular.
by epolanski 1y ago
At some point there will be a need for austerity measures and rising taxes, and whoever will do that will be very unpopular.
- pstuart 1y agoDOGE already started the austerity measures, and tariffs are taxes, so it's already in play. Popularity may be moot depending upon how things play out in the next couple years.
- epolanski 1y agoDOGE achieved little to nothing, tariffs don't compensate at all the raise in spending.
- const_cast 1y agoExcept neither of those do anything and they're actively counteracted 100 to 1 by the rest of the new fiscal policy introduced. So weve lost a bunch of shit and gained... let me check here... oh, -2 trillion dollars. Okay. But at least some poor sick people will lose Medicaid. Glad to see we're burning our money and then spending more on running the AC full blast so we don't boil.
- immibis 1y agoAusterity measures do not decrease national debt. What they do is depress GDP so that you have no chance to repay the debt.