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whimsicalism 2 hours ago

I’m no big fan of DOGE but our fiscal trajectory is utterly unsustainable, much more nation destroying than the particular cuts being mentioned here. I hate that it is now a republican talking point, but we do need a focus on raising revenue and reducing expense — and there is no easy ‘fraud’ win on expense, most of these are on real things that big coalitions of people want but we cannot afford without a large increase in revenue-as-%-GDP (ie. middle & working class tax increases), inflation (effective middle & working class tax increases), or a technological productivity boom.

text0404 an hour ago | parent | next [-]

Ok, then let's address the 52% elephant in the room instead of making cuts to the 3%: https://en.wikipedia.org/wiki/Government_spending_in_the_Uni...

Reducing defense spending by a fractional amount will have more of an impact than completely eliminating science spending altogether. The Iran tally is up to what, $11b now after a single week?

verdverm 2 hours ago | parent | prev | next [-]

The top 5-6 expenses (SS, Medicare, interest, health, defense, income security)

https://fiscaldata.treasury.gov/americas-finance-guide/feder...

Going to be hard to cut into these, and the middle/working class is shrinking as wealth concentrates and wealth inequality expands. Perhaps if there weren't so many middlemen taking slices w/o providing value...

soco 27 minutes ago | parent | prev | next [-]

But why would be megacorp and billionaire tax increases off the table? You didn't even mention it... And before someone points out that they pay - yes they pay _something_ then get tax cuts or legal loopholes and in the end they don't really pay.

jeffbee 2 hours ago | parent | prev [-]

The fuckwit in the video is personally responsible for crushing the productivity boom. Higher education is, or at least was, one of America's chief export industries.