General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJeff Tiedrich tweet about the debt:
Link to tweet
sellitman
(11,607 posts)Cutting Social Security to Lower Debt?
Proposing to cut social security to reduce national debt is an unfair and unacceptable solution. With a significant portion of the debt stemming from tax breaks for the wealthy, burdening vulnerable citizens is unjust and counterproductive.
Tax breaks for the wealthy have worsened income inequality and created a fiscal gap. Cutting social security directly affects retirees, disabled individuals, and those relying on it as their main income source.
Addressing the debt should focus on promoting growth, increasing revenue, and ensuring a fair tax burden. Close loopholes for the rich and make them pay more.
Cutting social security to reduce debt is unjust. We need fair and comprehensive solutions that prioritize growth, fairness, and shared responsibility to uphold social welfare principles.
cstanleytech
(26,294 posts)companies will see lower sales figures.
The companies will then compensate by firing workers who will themselves suddenly have less money at which point it will then create a self-perpetuating feedback loop.
sellitman
(11,607 posts)How come corporations haven't figured out that having a Democratic Government and economy is better for their bottom line?
The facts are very clear. Yet they continue to donate to the Rethugs.
It's one of life's Conundrums.
cstanleytech
(26,294 posts)but rather the long term and in the long term its worth it to them to force people into poverty.
Why?
Because as people are forced into it they end up selling their property at below market value to try and survive and or to care for a loved one.
Then as they are forced into a lower economic bracket it also causes them to lose what minor clout they might have politically.
Finally it makes them ripe picking as the people that forced them into a lower economic bracket will support their own hand picked candidates and use their power and ownership of the media to manipulate the public into voting for the hand picked candidates.
More than likely with campaigns built around blaming the "other" as at fault for the economic problems people are having which were in fact caused by the ultra wealthy that own the corporations.
Cha
(297,317 posts)FakeNoose
(32,645 posts)This is what every Dem leader should be saying all the time! Make those Repukes admit their dirty deeds.
Response to FakeNoose (Reply #3)
Name removed Message auto-removed
Kid Berwyn
(14,909 posts)Hes way better than whoever they got now.
ETA:
My fear is the incompetence is intentional.
Mountains of money to be made sucking up to billionaires.
Ask Clarence Still There Thomas.
OMGWTF
(3,959 posts)calimary
(81,321 posts)Democrats.
Cleaning up Republican messes since 1933!
2naSalit
(86,647 posts)That's a great message.
calimary
(81,321 posts)And the only President in the last several decades to leave us with a budget in the black was a DEMOCRAT.
Grins
(7,218 posts)FakeNoose
(32,645 posts)You can follow the link and scroll down maybe 9 or 10 replies to Tiedrich's post.
I'm sure that whoever posted this graph on Twitter didn't create it.
I remember seeing it here several times on DU within the last year.
Sorry I can't give you a name because it's not given on the graphic.
TwilightZone
(25,471 posts)President Biden, for one, has brought it up multiple times in recent speeches. Others have been vocal as well, including Hakeem Jeffries and AOC.
The House Dems super PAC is also prepping ad buys to hammer the GOP on them in reference to their debt bill.
Rhiannon12866
(205,495 posts)Bayard
(22,099 posts)A HERETIC I AM
(24,370 posts)IronLionZion
(45,455 posts)Me neither.
It would have been sweet to have that money available when the COVID pandemic started. But at least the wealthy got to fly off to exotic vacation homes while normal Americans were struggling to get groceries and masks and basic necessities of life.
gratuitous
(82,849 posts)What did we get for those massive tax cuts? Not much, if anything. What did a bunch of people with more money than they can spend in 10 lifetimes get? Enough that they couldn't spend it in 20 lifetimes.
What do we get for Democratic bills? Upgraded roads, state of the art schools, debt relief for students. And more.
crud
(619 posts)They went out and bought new equipment that would eliminate half of the mail room staff.
IronLionZion
(45,455 posts)we should give lots more tax cuts to invest in automation and AI too.
Evolve Dammit
(16,743 posts)absolutely correct.
Martin68
(22,822 posts)calimary
(81,321 posts)japple
(9,833 posts)is planning for me next. Maybe I should just go ahead and pre-arrange cremation plans.
keithbvadu2
(36,829 posts)Captain Zero
(6,811 posts)Crashed the economy on his way out the door.
That's why Obama's term started out with such a deficit because he put Bush & Cheney's wars back in the budget and cleaned up the Crash of 2008.
liberalla
(9,249 posts)Excellent!
Framing it this way will change minds.
This needs to go viral.
Thank you Jeff!
pansypoo53219
(20,981 posts)Hotler
(11,425 posts)Same for Medicare, VA, etc., if they take power again they will steal everything that isn't nailed down. Just like Putin and his friends did to the Russia.