▲ | justinrubek 2 days ago | ||||||||||||||||
Can you provide any evidence or reasoning that cutting the weather services would help move the needle on our deficit? Are you sure that not having them won't cause an increase instead, for example if the lack of data causes destruction or worse crop yields? Are the groups advocating for doing this taking steps to reduce the deficit elsewhere, or are they increasing it instead? Do we actually need to address the deficit? | |||||||||||||||||
▲ | _heimdall a day ago | parent [-] | ||||||||||||||||
Cutting spending to any existing program will decrease the deficit relative to where it would be without cutting that spending. I'm not sure what evidence you'd really need there, say the budget is currently $150m and you reduce it to $0 - the deficit decreases by $150m. Given that the government doesn't use a zero-based budget, for better or worse, that decrease extends into all future years as the default otherwise is for that same $150m to be spent every year. We absolutely do need to address the deficit as well as our debt. Expenses just to service the debt are a large chunk of our annual budget now. Do you know of any example of a country that ran up a debt to GDP (or similar) ratio this high and didn't have meaningful economic issues? Similarly, do you know of any country that debased its own currency through aggressive money printing and didn't end up collapsing, hyper-inflating, or both? | |||||||||||||||||
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