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Filligreeyesterday at 3:50 PM3 repliesview on HN

The deficit reliably starts to come down whenever a Democrat leadership is in place. It then jumps back up under the Republicans.


Replies

elicashyesterday at 4:44 PM

In "defense" of Republicans, the MAIN reason for deficit increasing under Republicans is that their administrations often end with some type of economic disaster. Their increased spending is part of the picture, but not as responsible as the impacts from final year recessions.

yoyohello13yesterday at 4:36 PM

It blows my mind that republicans are still seen as the fiscally responsible party.

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toomuchtodoyesterday at 3:50 PM

Well, the unsophisticated and low education keep voting for Republicans, so what do? If you’re an individual, if you can, the best you can do is be prepared to get out and not have exposure to the US financially or from a tax perspective. Otherwise you’re stuck going over the cliff economically with the lemmings due to an uneducated, unsophisticated, vibe driven electorate and a suboptimal political and governance system lacking sufficient checks and balances to prevent this outcome.

Maybe we’re lucky and adults come back into power, but hope alone is not a strategy. No one is coming to save you, prepare accordingly. I have prepared accordingly to decouple from the US entirely as a citizen, if necessary. It’s regrettable and I have no other solution for those inquiring. You can’t control the winds, but you can adjust your sails. My genuine condolences and sympathies if one cannot escape the US either via income, wealth, or some form of visa (lineage, family, work, etc).

(derived from first principles)

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