Quote Originally Posted by roberth View Post
Kicking the debt can down the road

https://www.oann.com/sen-braun-oppos...road-on-issue/

This is the kinda thing that makes me want to stop my 401K contributions and buy silver and ammo instead. President Trump screwed up on this one, the gov't needs to cut back on spending, starting yesterday.
I did that a long time ago! I think 401Ks are risky at my age because of market + political changes. Anything you can't defend can be taken. Instead, I have been working on getting the house paid off early. Fixing our housing expense will be a huge win no matter what happens. If they want to take our home, they're going to need to send bachelors.

I used to be outraged over the national debt and then came to a realization: They can't stop spending because people will die. No one wants this political fallout. We can act like Conservatives and lose every election because we pushed grandma off a cliff or compromise and slow the decline. We have four+ generations of humans who have been born/bread to be net consumers on gov programs and barely behave as it is with full bellies and warm beds. Cutting it off would turn most American cities into the third world (some already are in some ways).

"Compassion" requires national suicide post-Johnson. And being principled isn't going to change that, only the cluebat. Which does nothing but take advantage of the American people's charitable nature (this is not charity or humanitarian).

So yeah, it's not going to stop. They are either going to kill the dollar and we go full Commie as people beg for needs/wants. Or they are going to have to attempt a strategic default and see if certain people make good on their "tanks on Main St" promise.