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re: CPI numbers still hot inflation

Posted on 4/10/24 at 8:22 am to
Posted by Ten Bears
Florida
Member since Oct 2018
3337 posts
Posted on 4/10/24 at 8:22 am to
quote:

We racked up 30 trillion in debt before ukraine became a charity case. The amount we’ve sent Ukraine in money and material is wholly insignificant in comparison to our annual deficit.


Easy now. There are some in here that think that we could pay down our debt and fund Social Security if we just cut Ukraine funding.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74617 posts
Posted on 4/10/24 at 8:26 am to
quote:

Easy now. There are some in here that think that we could pay down our debt and fund Social Security if we just cut Ukraine funding.



Ronbots are always the brightest
Posted by trinidadtiger
Member since Jun 2017
13580 posts
Posted on 4/10/24 at 8:28 am to
And some think its insignificant if a mass murderer kills another person or two right?

Any funding or budget item should be scrutinized, rather than its social security its social security......meanwhile the backdoor is wide open for trillions in build back better, covid, MIC, state dept spending ad nauseum.
Posted by Konkey Dong
Member since Aug 2013
2168 posts
Posted on 4/10/24 at 8:29 am to
quote:

Easy now. There are some in here that think that we could pay down our debt and fund Social Security if we just cut Ukraine funding.


Link?
Posted by trinidadtiger
Member since Jun 2017
13580 posts
Posted on 4/10/24 at 8:33 am to


Any funding or budget item should be scrutinized, rather than its social security its social security......meanwhile the backdoor is wide open for trillions in build back better, covid, MIC, state dept spending ad nauseum.

We are spending far more than budgeted, which means printing money artificially to dump in the market, thats not enough so we lowered interest rates, thats not enough so we "invented" quantitative easing.

Now that we are thoroughly addicted, we have few levers to lower the inflation and we keep going back to the fix with less and less impact. Hence this "pesky" semi permanent inflation, unless we drastically reduce the money supply and get ready for some stagflation Japanese style.

Posted by LSUbest
Coastal Plain
Member since Aug 2007
11420 posts
Posted on 4/10/24 at 8:47 am to
There are some in here that think that this is 1999 and we only need well spoken politicians.
Posted by Jax-Tiger
Port Saint Lucie, FL
Member since Jan 2005
24838 posts
Posted on 4/10/24 at 9:34 am to
quote:

There are some in here that think that we could pay down our debt and fund Social Security if we just cut Ukraine funding.


Not really. It's more than just the money to Ukraine. Our government is involving us in expensive foreign wars that we have instigated in order for defense contractor to make bank. Defense contractors who happen to contribute a lot money to a lot of politicians...

When this war is over, we'll start another one somewhere. When will it end?
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