logoalt Hacker News

Taikonerd • today at 3:42 PM • 10 replies • view on HN

At some point I realized: there is no plan to fix it. Both of the parties are just hoping that the upcoming crisis happens while the other party is in power.


Replies

baron3dl • today at 3:52 PM

The Two Santas strategy <https://www.milwaukeeindependent.com/thom-hartmann/two-santa...> is the American implementation of the famous Alexander Fraser Tytler quote: “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.”

-

➕ show 8 replies
itsdesmond • today at 3:56 PM

https://amarkfoundation.org/reports/u-s-presidents-and-the-f..., though you could just google the topic and click exactly any link, clearly shows that Republican admins grow the deficit, Democratic admins shrink it.

These are just straight up numbers increasing or decreasing. It’s not complicated shit. Quit equivocating.

➕ show 3 replies
QuadmasterXLII • today at 6:29 PM

Clinton and Gingrich balanced the budget. is it coincidence that those are now two of the most hated last names in politics? perhaps not.

bryanlarsen • today at 4:52 PM

The Democratic plan to fix the deficit is clear and practical. Tax the rich and stop the war.

➕ show 2 replies
Spooky23 • today at 4:13 PM

The administration has said it out loud. Printing press.

watwut • today at 5:11 PM

The deficit get consistently worst under republican leadership. Again amd again.

ck2 • today at 4:09 PM

that's yet another "both sides are the same!" fallacy

you are right in that neither can fix it entirely

only one party consistently raises the debt->deficit

and only one party consistently lowers it

hint: you cannot spend $21 TRILLION on militarizing the country and going to war without exploding the deficit, there's no profit in war, only massive expense

* https://ips-dc.org/report-state-of-insecurity-cost-militariz...

and that $21 Trillion was before the Iran War which is going to go on for years and cost another trillion to replace all the weapons and ships, remember all those bases and planes that were destroyed which this administration is covering up

➕ show 1 reply
bbor • today at 4:06 PM

Doing the both sides thing here is so, so frustrating… Obama and Biden both spent big to avoid/alleviate recession conditions, that is true. But it’s just not comparable at all:

1. First off: the deficit article were commenting under right now. This is unusual and terrible and 100% due to GOP norm breaking.

2. The BBB raised the debt astronomically, so this will continue well past the end of the war.

3. We’re engaged in a war of choice with a huge country with no end in sight and no stated objective, and the pentagon is getting more money than ever.

4. The corruption and graft is so rank and blatant that it might actually make a dent here, which is absurd. God forbid they carry out their ethnic cleansing plan for Gaza and then we pay for Trump City, there. Not to mention all the subordinate graft.

5. Only one party has divorced itself from reason entirely. Democrats are deeply flawed and I disagree with many of them on many things, but none of them dare try the ‘nuh uh shut up’ approach that is central to the GOP in the days of Trump. Imagine if they said anything as absurd as “Haitians are eating our cats and dogs” or “I’ll give everyone $5k” or “I didn’t lose the election that every single watchdog said I did” — they would be lambasted and forgotten within days.

6. Only one party is planning for the other party to ever be in power ever again. That is, assuming you don’t take Miller’s word for it that there are seven bajillion illegal aliens that the democrats ship in to win elections, which just hasn’t happened to work yet because the GOP is just too popular, and hasn’t been uncovered in any actual investigations because they’re just too darn tricky.

Sorry. Presumably this whole thread will be wiped anyway. But this is not a “both parties” thing! We’ve had a balanced budget and a positive treasury balance in my lifetime, and I’m a baby person!

(People said it was impossible then as well, FWIW.)

➕ show 1 reply
xmichael909 • today at 3:47 PM

Bullshit on the lazy “both parties are the same” framing. Bill Clinton actually balanced the federal budget and ran a $236 billion surplus in 2000. His 1993 deficit-reduction package passed without a single Republican vote. You just keep eating up the Republican bullshit...

➕ show 3 replies
smitty1e • today at 3:46 PM

It take a hero to dive on the grenade.

Such dives tend to be fatal.

Until AI can produce a blast-management plan to ensure the hero's survival, the necessary courage shall remain elusive.

➕ show 1 reply