JazzG I didn't say I think due diligence is being done

Okay... So do you think that is important or just something besides the point?

JazzG If they do fuck up then there will be political consequences for Trump and Elon Musk.

No there wont. Trump is in his final term, its not a parliamentary system where they can vote no confidence. He's there for the next 4 years unless he dies in office.

JazzG mate that's not how it works, you can't compare how businesses or private individuals run their finances with national economies.

Though to roll with the bad analogy for a moment, who congratulates the head of a household for saving money by starving the family? Even in bourgeois economics it's the role of the state to play caretaker making sure society and economy reproduce themselves.

Gazza M Jokes, some of those 'influencers' went there and got their binded copies and parading them around and then found fuck all in them Some of the stuff redacted has been available online and that information is unredacted lol.

JazzG US government finances not being sustainable long term is something you'll need to substantiate. Generally public debt is not comparable at all to private debt, they're so fundamentally different they shouldn't even be called same name.

Economies have a public (govt), private (businesses and households) and a foreign sector, the sum of their balances always being zero. When the private sector is a net saver (i.e. saves more than it invests) which has been the case in most of the western world for decades then you need either the foreign sector to balance the books in your favour (i.e. get other countries to import more than you import from them, e.g. the German model) or you need the government to step in, otherwise your economy shrinks and nosedives.

What would be unsustainable long term is if governments followed your advice and stopped racking up deficits because that would mean there is no one to balance the private sector's lack of investment, the rest of the world literally can't do it for each other by definition so the only alternative to the govt doing it would be finding aliens willing to go in debt for us.

jones US government finances not being sustainable long term is something you'll need to substantiate.

US debt has grown more in the last 10 years than it did in the previous 200+ years. Deficit has averaged 3.8% of GDP over the past 50 years, it is currently at 6.2% and projected to come down to 5.2% by 2027 and then rise back up to by 2035. I ain't no financial expert like you but that doesn't sound very good to me.

jones What would be unsustainable long term is if governments followed your advice

My advice would be for them to cut down on wasteful spending and fraud, I think they'll be fine if they do that.

JazzG debt naturally will go up when you have external shocks like covid or when global supply chains are broken like in 2022, on its own it's a number that doesn't mean anything. Algeria has a debt to gdp ratio of under 50%, Italy of 130% and Japan sits at 260%, can you infer anything from these figures?

Agree cutting down on wasteful spending and fraud is sound advice, but like most sound advice it's pretty much useless in reality - most governments believe it or not already try to do that every day. One positive that came off it in the US at least is that USAID seems to be crippled for the foreseeable.

JazzG DOGE seems to be very popular in America

False

The most important thing to do to bring the deficit under control is to collect taxes owed rather than making it impossible for the IRS to do so.
Your information sources are a stream of raw sewage.

awooga83 One of the biggest issues is that they aren't mistakes, they are completely avoidable mistakes.

Coombs Which specific current cuts have caused these children to starve?

jones One positive that came off it in the US at least is that USAID seems to be crippled for the foreseeable.

Why am I not surprised you liked USAID being nuked I do agree with you though...

As for your other points, I'm just making a general observation that the US has been racking up a lot of debt very quickly and running at a historically very high deficit. I personally don't think governments try that hard to save wastage, main reason is it isn't their money. Warren Buffett once joked that he could end the deficit by passing a law saying if it was above 3% of GDP all members of congress would be ineligible for re-election. His point I think is they don't really care. Politicians will throw money around, once it is time for them to leave end up in highly paid private work while other people pick up the mess they left behind.

JazzG I am not aware of any US citizens being starved by the current government cuts?

There's tens of millions who are living below the official poverty line in the United States, not that DOGE put them there. But if anyone wants to "make the place great" surely that'd be where to do some real work.

JazzG Which specific current cuts have caused these children to starve?

What? Seriously what the fuck does that even mean? What specific government policies made you such prick?

Burnwinter they've literally paused federal reimbursements and even cut programs that subsidize infrastructure, energy, and basic necessities, mostly affecting poor working people, mostly white at that. This affects food banks, water, electricity, etc.

Water bills are dependent on federal grants for ongoing infrastructure developments. If the feds won't reimburse, bill goes up. Same for energy, food, etc. Food banks are stretched thin, and families already on the brink are being pushed over the edge.

I've sat by the hospital bed of a 5 year old who was near death from starvation in this fuckhole of a country, which relies on individuals to give up their own comforts to rescue a few from the pits of despair they are directly driven to by corporations and the governments that serve them.

DOGE is literally starving people. Killing people. JazzyGs sassy ideological excrement is an abortion of thought that deserves no response but utter disdain.