current events thread

JeffT819

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LOL. Jeff liked this after he recently posted criticism of Trump wanting people to work longer to earn benefits. That is a butt that can sit on both sides of the fence. Impressive.
You are confused. I posted about raising the work requirement for SNAP benefits from 54 to 64. I have always believed in helping those in great need. A 60 yr who is collecting SNAP benefits is not doing well in life. That has nothing to do working longer for SS benefits.

With current life expectancy, there is no option but to raise the retirement age for SS especially with the population aging. I did like the post as I think it is a good place to start but I would make some tweaks based on my priorities.
 

JeffT819

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Minneapolis shooter targeted kids at a Catholic Church. Remember when we were debating whether or not Catholics are being targeted? No doubt about it in this case.

I don’t think the major news networks will cover some of the stuff coming out about the shooter. Similar to the Tennessee school shooting.
I read where the shooter was a trans female. I wonder if that will get downplayed.
 
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AzIllini

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I read where the shooter was a trans female. I wonder if that will get downplayed.
There already is alot out there because the shooter posted stuff on youtube which has been taken down, except not before some got hold of it. Apparently there is a 4 page manifesto/apology to his/her family claming depression, etc. Motive, other than depression is not known. Why kill innocents?
 

rillaman

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I read where the shooter was a trans female. I wonder if that will get downplayed.

The mayor is upset it’s even being discussed.

Apparently people aren’t ready for tough discussions yet. Might take some more little kids being killed.

Catholic school children have been attacked by trans adults multiple times in the last few years, and the politicians are most upset about the discussions about trans people.

This isn’t a “school shooting”. A student didn’t carry out the attack. This is another situation where a trans adult carried out a massacre of children, at a school/church.
 
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ILisBest

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This is actually an argument.

Like tariffs or not, as they are consumption-based taxes, they will increase federal revenue. The $4T is against the debt (not the deficit) and the tariffs constitute about $400B against the deficit each year, but the debt is not constant because the US government is still likely to run a deficit each year.

Right now, neither party has proposed any semblance of a fiscal plan to eliminate deficits and reduce the national debt. But that will likely involve some level of increase taxes and reduced entitlement spending.

If you put me in charge, I would probably do the following:

Raise the retirement age for SS benefits
Increase Medicare taxes
Probably raise income taxes a bit but not much (across the board increase)
Reduce spending on certain discretionary programs
Cap the increase in yearly spending for the federal government at some number lower than growth/inflation (say 1.5%).

This would result in some level of temporary economic pain to individuals, but it would stabilize the federal budget in 6-8 years tho (hopefully quicker).
I believe the tariff, as Trump is using them, can be effective at not only bringing in much needed revenue to the Treasury, but can accomplish several other very good things for the USA. Just to name a couple 1) some will be eaten by the importer 2)this should allow US companies to better compete and create jobs, revenue, tax income that is all incremental.

Let's call it like it is, this is a different path. Like Trump or not, he is at least trying to take a different path to lower the deficit/ debt. Last election was a choice between someone that would have been a continuation of Biden or something different. US citizens overwhelmingly pulled the something different lever and Trump is delivering.

People like Jeff can bash the meager cuts Trump could get through congress, but everyone with a brain knew some form of pain had to come.
 
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stoneaxe27

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US citizens overwhelmingly pulled the something different lever and Trump is delivering.

People like Jeff can bash the meager cuts Trump could get through congress, but everyone with a brain knew some form of pain had to come.
I.5% is hardly overwhelming.
 
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JeffT819

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I believe the tariff, as Trump is using them, can be effective at not only bringing in much needed revenue to the Treasury, but can accomplish several other very good things for the USA. Just to name a couple 1) some will be eaten by the importer 2)this should allow US companies to better compete and create jobs, revenue, tax income that is all incremental.

Let's call it like it is, this is a different path. Like Trump or not, he is at least trying to take a different path to lower the deficit/ debt. Last election was a choice between someone that would have been a continuation of Biden or something different. US citizens overwhelmingly pulled the something different lever and Trump is delivering.

People like Jeff can bash the meager cuts Trump could get through congress, but everyone with a brain knew some form of pain had to come.
DOGE cuts did not go through Congress and they amounted to basically nothing. All the MAGA men on this board were telling me that the there would be at least 1 trillion in cuts. Wrong.
 

ILisBest

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While Jeff and his bedfellow bash cuts as "hardly overwhelming", we have congress pushing the usual projects, left-wingers everywhere crying about entitlements in the street and the ideological leftwing judges in the Judicial trying to force billions in spending upon the Executive. Btw, Jeff and Stone voted for this to continue and now mock or criticize the cuts. Ah, the irony.

 
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dtrain79

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I believe the tariff, as Trump is using them, can be effective at not only bringing in much needed revenue to the Treasury, but can accomplish several other very good things for the USA. Just to name a couple 1) some will be eaten by the importer 2)this should allow US companies to better compete and create jobs, revenue, tax income that is all incremental.

Let's call it like it is, this is a different path. Like Trump or not, he is at least trying to take a different path to lower the deficit/ debt. Last election was a choice between someone that would have been a continuation of Biden or something different. US citizens overwhelmingly pulled the something different lever and Trump is delivering.

People like Jeff can bash the meager cuts Trump could get through congress, but everyone with a brain knew some form of pain had to come.

I am not certain that 50-48% was an "overwhelming" victory.

Trump believes in tariffs. Tariffs cannot be both a major revenue source or a driver of repatriation (these compete, I think they are more likely to be revenue sources). I do not see tariffs as a fix for the deficit/debt issue, but they are a tool in the kit I suppose because they do produce revenue. Ultimately, we will need to pull out the real tools that involve some actual pain, tho neither party wants to accept the political consequences of that right now. There is nothing in our economic projections indicative that Trump takes debt all that seriously, but he does want to drive growth (which is better than the alternative, and also why I don't like the tariffs).

I do not believe that the USA needs a radically different path, and you seem proof positive of why it doesn't. I think a lot of folks voted (or believe) that the US needs a different CULTURAL path, and ultimately that's driven Trump's success since 2015. But economics ... there's just not a good way to argue that things aren't good here when compared to literally everywhere else (which seems like the correct comparison). I realize that modern economic trends have not benefitted everyone, but as I keep saying, when they clearly benefit 65-70% of the population, the question is more about how to assist the 30% who aren't benefitting, not to decide that the system is broken.