I am not pushing for tax increases. At what point is the increased crime and homelessness too much for you?
I am not in favor of socialism. Not even close. I'm in favor economic growth through job creation.
We don’t have increased crime and homelessness in my red state. In fact look at crime since Trump took over. It’s sinking like a rock. And we didn’t even have to raise taxes. So I don’t think those are correlated like you think.
Me too. But through private sector jobs not government jobs
Millions of private sector jobs start with government contracts. Multipliers then create more jobs.
The government must spend less or we will go bankrupt. This is a simple fact.
Under Trump right now, we are headed toward about the same deficit as last year.
Ok.
We have never come close balancing the budget since about 2000. We never come close to cutting spending to what you guys want. But for all your talk about lazy people, unemployment has stayed about 4% since the end of the pandemic. I believe we should try to get unemployment down to 2.5% and I believe it can be done.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
| 2014 | 133046752 | 133561249 | 134539673 | 135941952 | 137302013 | 137774709 | 135727247 | 136768284 | 137762600 | 138576497 | 139095859 | 139266474 | 136613609 |
| 2015 | 136126250 | 136654780 | 137387791 | 138789699 | 140138197 | 140616268 | 138833723 | 139549334 | 140495791 | 141469350 | 141862942 | 141976263 | 139491699 |
| 2016 | 138771439 | 139409298 | 140128911 | 141663752 | 142452460 | 142779369 | 141176872 | 141880006 | 143005034 | 143443466 | 143932095 | 143798095 | 141870066 |
| 2017 | 140743089 | 141509780 | 142293796 | 143331669 | 144483133 | 145217072 | 143032406 | 143838052 | 144543061 | 145403955 | 145980535 | 145941717 | 143859855 |
| 2018 | 142889218 | 143825578 | 144531918 | 145442314 | 146663970 | 147422923 | 145351404 | 146310040 | 146882505 | 147761602 | 148370379 | 148129195 | 146131754 |
| 2019 | 145328097 | 145941645 | 146553073 | 147574087 | 148673869 | 149191158 | 147253522 | 148250867 | 148701484 | 149527674 | 150260321 | 150005303 | 148105092 |
| 2020 | 147231429 | 147811747 | 147065115 | 127242130 | 130712810 | 135045869 | 135086021 | 137112322 | 138722896 | 140824498 | 141390186 | 141000256 | 139103773 |
| 2021 | 138426603 | 139385792 | 140589959 | 142090495 | 143331102 | 144185813 | 143794527 | 144497781 | 145071052 | 147362623 | 148217180 | 148407894 | 143780068 |
| 2022 | 145546514 | 147135587 | 147775977 | 149292669 | 150218335 | 150675725 | 149870344 | 150736983 | 151524979 | 152242784 | 152762683 | 152525285 | 150025655 |
| 2023 | 150234140 | 151045488 | 151569737 | 152445551 | 153581007 | 154459630 | 152361567 | 153202412 | 154059660 | 154639118 | 155078016 | 155014465 | 153140899 |
We have to learn to manage deficits. Not eliminate them. Despite federal debt of $36 trillion, how can you explain 4.2% unemployment?
We aren’t managing debt.
If you vote in folks who will cut spending, unemployment will rise to levels where they will soon be voted out of office. Your move.
Many people out of work ARE looking for jobs. Don't deny your party always talks about job creation. Would any Republican vote down on a major defense contract in their district?
I disagree with your premise.
I’d you vote people who tax too much you will soon be voted out of office. See 2024.
That's why the correct policy is learning to live with the debt. While keeping debt from rising faster than GDP.
I didn't agree with his tax proposals. But the election was decided by millions more young and lower income voters who would have NOT had their taxes raised.
Yep, actually 95% of American households make less than $400,000
I won't pick them because I know we can't balance the budget. So much for Republicans being fiscally responsible since so many people like you don't know the numbers or where to find them.
We already know you are economically illiterate.
Specifics? What are you going to say when the deficit tops $1.8 trillion?
We are on a runaway freight train headed for a cliff. Biden and congress knows this and they are still running this charade. I think they are trying to implode the nation on purpose at this point and before anyone wants to make this the political blame game I do blame both parties and blame Trump to an extent but his blame is miniscule in comparison to the uniparty occupiers that have been running us into the ground from DC for decades.
When the interest payment on the debt which is what we pay the fed becomes the single largest figure in the budget then we are hosed and this come a lot sooner than most think. Think about it...the interest payment on the debt more than military spending.
They will either hyperinflate and print trillions and pay it off or just default. Its not going to be pretty at all. We will be in the beans and bullets economy when that occurs.
EJ Antoni
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Jun 12 • 4 tweets • 2 min readRead on Twitter
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Latest US Treasury data show we're on unsustainable path: interest on the debt was a whopping $61 billion in May, more than was spent on veterans benefits and services, education, and transportation COMBINED; interest costs were a quarter of the deficit last month:
Also note that the Treasury's graphic is deceptive, w/ no note that it isn't to scale - "deficit" of $240B is numerically larger than "social insurance & retirement" receipts of $140B, but "deficit" is half the size in the graphic:
The deficit is substantially worse than last fiscal year, with 8 months' worth of deficits almost equal to previous 12 months' deficits; fiscal year to date deficit is 2.7 times the same period from previous fiscal year:
Interest on the debt this fiscal year has risen 25% from last fiscal year, the result of issuing new debt but also rolling over old debt at much higher interest rates:
