For those who want to have a substantive discussion on the federal budget and believe these cuts are justified, I have a few questions (putting aside questions of constitutionality for this thread): 1. There are claims that federal spending is out of control. How do you square that with the fact that spending as a percentage of GDP is only slightly elevated compared to the historical average going back to at least th…
> 4. Corporate tax receipts have been steadily falling as a percentage of GDP. [3] Why shouldn't corporations (that benefit from a healthy and educated workforce, a safe and secure environment, a working transportation system, etc.) be paying their fair share to keep the national debt in check? 1. Aren't shareholders already taxed? Maybe revise how they are directly taxed instead of indirectly taxing them again which…
DOGE's only public ledger is riddled with mistakes
491–500 of 1001 posts
Re: DOGE's only public ledger is riddled with mistakes
#492For those who want to have a substantive discussion on the federal budget and believe these cuts are justified, I have a few questions (putting aside questions of constitutionality for this thread): 1. There are claims that federal spending is out of control. How do you square that with the fact that spending as a percentage of GDP is only slightly elevated compared to the historical average going back to at least th…
> 4. Corporate tax receipts have been steadily falling as a percentage of GDP. [3] Why shouldn't corporations (that benefit from a healthy and educated workforce, a safe and secure environment, a working transportation system, etc.) be paying their fair share to keep the national debt in check? 1. Aren't shareholders already taxed? Maybe revise how they are directly taxed instead of indirectly taxing them again which…
Employee wages are "already taxed" too, for the same underlying reasons even if not the same mechanics.
Re: DOGE's only public ledger is riddled with mistakes
#493Earlier quoted context omitted.
> given partisan polarization… Democrats do a lot of things deeply wrong, but they seem to exhibit punitive behavior like this a lot less than their Republican counterparts. Republicans pay a lot of lip service to veterans but actual GOP legislation in favor of them is sparse at best
> they seem to exhibit punitive behavior like this a lot less than their Republican counterparts It's not about being punitive. It's about finding resources to deliver goodies to your voters. Democrats have plenty of spending priorities. They're also, at least now, cognisant of the electoral impact of inflation. That means no more trillion-dollar deficit packages, but finding places to cut. Republicans have the poor.…
Re: DOGE's only public ledger is riddled with mistakes
#494Earlier quoted context omitted.
This framing is a bit far from the actual motivating issue underlying the federal "budget" itself. I think a better question is whether having a federal workforce of 4 million people managed by an unaccountable bureaucracy is in the best interests of any country. If you frame it as simply whether to spend money on this or that or if you're getting comparable value to other countries, then it is inevitable for the sid…
Social spending has overwhelming public support, with majority calling for more spending, and under 20% call for less spending. https://apnews.com/article/ap-poll-government-spending-socia...
Re: DOGE's only public ledger is riddled with mistakes
#495For those who want to have a substantive discussion on the federal budget and believe these cuts are justified, I have a few questions (putting aside questions of constitutionality for this thread): 1. There are claims that federal spending is out of control. How do you square that with the fact that spending as a percentage of GDP is only slightly elevated compared to the historical average going back to at least th…
Government expenditure as a proportion of GDP has been rising steadily for a century and is now approaching 40%. From IMF: https://www.imf.org/external/datamapper/exp@FPP/USA. The recent trend is shaky due to Covid, housing crash, maybe dot com crash, etc., but it looks like it's probably still trending upward.
I've actually heard claims of the opposite -- that government has been under persistent and increasing attack since the 70s (or alternatively, since Reagan). I just can't see how the numbers square with that.
Re: DOGE's only public ledger is riddled with mistakes
#496Earlier quoted context omitted.
These are good questions that are easy to answer once you’ve spent time in gov: - it is very hard to go thru every project and generally not worth it, it seems like they are sorting by contract vehicle size. there are 120k+ contracts spit out by the government every fiscal year alone so this is a monumental effort - the DEI programs are probably a PR thing, generally speaking though they accomplish essentially nothin…
It’s absurd to say anything is “what people voted for” in a system where only the votes of about 5 out of 50 states matter.
However unlike in 2016, a strong plurality voted Trump - 2 million more than voted for Harris. Had Harris won the popular vote that argument might have meant something.
Re: DOGE's only public ledger is riddled with mistakes
#497Re: DOGE's only public ledger is riddled with mistakes
#498Earlier quoted context omitted.
This is a silly charade. To actually cut the debt, it requires congress. Not just saving a couple millions dollars and posting on twitter about it. We’ll need to cut Medicare, Medicaid, social security, the military, etc. All the popular stuff that was never easy and will never be easy to cut. We’re not spending 2 trillion per year on condoms.
What I don't understand is why they want to cut the debt or the budget. Previous terms have shown that increasing spending and racking up debts isn't leading to loss of polls. Why are Trump and Elon going on this cutting spree instead of doling out tax cuts and increasing pork to their constituents on borrowed money?
Re: DOGE's only public ledger is riddled with mistakes
#499Earlier quoted context omitted.
I know of at least one source arguing that in fact, population health (mainly obesity and gun violence) explain upwards of 70% of the difference in healthcare spending between the US and other developed nations.[1] To me, this seems like the most likely explanation because I believe we have pretty similar diagnostics and treatments to other developed countries, and I don't feel like a British doctor would give me any…
The us healthcare statistics include people paying out of pocket for care that is extremely expensive and literally not available anywhere else. A number of gene therapies are to expensive for any public health system, so are only available in the us. Needles to say they're experimental and carry lots of weight in a effectiveness vs cost analysis.
Re: DOGE's only public ledger is riddled with mistakes
#500Earlier quoted context omitted.
Social spending has overwhelming public support, with majority calling for more spending, and under 20% call for less spending. https://apnews.com/article/ap-poll-government-spending-socia...
It depends how you word it. 'Would you rather put your money in stock indexes or pay out N shares of 1/N of your contribution to old people then hope and pray the same is done for you' ( which is more or less the realistic question for the middle class ) and I bet they'd say shitcan it.
I also would like to believe that quite a small minority see social spending solely as a personal investment.