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well I learned two malapropisms today. One the Canary, the other blinkenlights. Regardless, governemnt spending and debt eventually gets hit with austerity if
by calvinmorrison 11mo ago
well I learned two malapropisms today. One the Canary, the other blinkenlights.
Regardless, governemnt spending and debt eventually gets hit with austerity if you can't grow your way out. Nobody wants to be greece.
- ndsipa_pomu 11mo ago> well I learned two malapropisms today. One the Canary, the other blinkenlights. Not malapropisms in my opinion - a malapropism is someone using the wrong word such as “She’s as headstrong as an allegory on the banks of the Nile.”
- johnnyanmac 11mo agoI'll repeat it here but: 60% of government spending is in 3 categories. Anyone who is touting a need to balance the budget and is not taking moves to hit on these 3 (Medicare, Social Security, National Defesnse) is not seriously interested in balancing the budget. DOGE did try to "fix" Social Security and caused chaos instead (and a severe example of Chesterson's Fence). They didn't touch healtchare, and Musk instead bolstered more contracts from the IMC point of view.
- calvinmorrison 11mo agoSure, that's what happened to greece too. basically most spending was in what we call like, nondiscretionary spending. They did hard cuts to retirements and other areas that people thought were off limits. But with the german bankers at their throats they had very little options.
- johnnyanmac 11mo agoYeah we're quickly hitting that point ourselves. But no one's really making the hard calls that can help here. DOGE pretended to be that but was a wolf in... Well, wolf clothing. They weren't exactly good at hiding it. I do wish we had an Admin that could take serious steps instead of accelerating the train off the tracks.