Posted on 07/27/2019 11:06:12 AM PDT by Tolerance Sucks Rocks
Since the Democrats will probably be in total control at that time, collapse, monetary and economic, will happen on their watch.
Buying votes is something both Democratic and Republican politicians tend to agree on.
Entitlements (non-discretionary spending) sure look like a previous Congress has bound the current Congress...
Simple really.
Get rid of baseline budgeting. It has AUTOMATIC increases built in BY LAW that increase spending by as much as 7 to 8% a year even before new spending is appropriated. This is how spending is increased without even increasing the budget.
The apparently little known basis for this monstrosity that automatically increases feral spending by MORE than the inflation rate is buried in the:
Congressional Budget Act of 1974
and the innocently named
Congressional Budget and Impoundment Act of 1974
https://en.wikipedia.org/wiki/Baseline_(budgeting)
https://en.wikipedia.org/wiki/Congressional_Budget_and_Impoundment_Control_Act_of_1974
Mention any of this to any political hack and they will give you a bewildered look but they know exactly what you are talking about and want no part of ending the good times slush fund of spending it creates. Trump knows this too and he gives succor to it. They are all criminals.
THAT is the MOST promising plan...
How does Article IV, Section 3, disposing or managing a “Territory or other property” (non-state land), have anything to do with the utterly unconstitutional federal acts of entitlement and welfare?
Until then it's unconstitutional.
Only one solution. Bankruptcy
This Has happened to cities in California but not the state as a whole
This will happen to California New York and Illinois among a few others
Then we will see what happens when a large entity goes bankrupt
Fedzilla. cannot go bankrupt fezilla - I can print money!
Let me know when US dollars arent the most important currency to carry around the planet and then I’ll listen
Until then. It’s just numbers on computers now.
A good plan, if they’re willing to stick to it — which they’re probably not.
Maybe they ought to try the same approach to spending that President Trump enforced with regard to regulation: for every new dollar spent, you have to cut two dollars. The worst outcome is ZGG — zero government growth.
Theoretically true, but there are factors that make it difficult to change existing laws that govern long-term commitments and constraints. The Budget Control Act of 2011 is one of those things. If you have a president who will not sign a bill undoing past law, Congress is pretty much stuck with what's on the books, until circumstances change, like now with the 2011 law.
Just post a $1000 reward for cheaters. They’ll turn each other in.
Pipe dream. They don’t care about spending — either party.
Cutting spending is the third rail.
Why not just have the president say something like he did in 2018 “I will never sign another bill like this again.” A promise like that would have to work wouldn’t it?
That plan is sure a lot easier.
Brian - I think you’re dead on, and many people feel that will be the exact scenario.
It’s really going to be bad for those who endure it. Let the good times roll for now, but when it hits - man it’ll be a KO punch that America won’t ever be able to recover from.
[It’s really going to be bad for those who endure it. Let the good times roll for now, but when it hits - man it’ll be a KO punch that America won’t ever be able to recover from.]
And all the fools that are cheering an economic destruction to America from afar (foreign trolls) are going to feel it too. Happened in 2008, it will happen again.
IMHO, a perfect time for a “New World Order” and the Antichrist to arise.
Kissinger was preaching “New World Order” and Obama in 2008. A test run. They may not even be aware of it. Some of them.
[See how long the country lasts when the EBT cards stop working.]
True
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.