It’s so hilarious and absurd that the GOP beats their chest so hard about being “the party of fiscal responsibility” - but only when they’re the opposition party.

Quick, let's cut taxes even further! We have people to kill in the middle east!

Where are all those fiscal conservative deficit hawks I keep hearing about?

Ah, yes, the party of fiscal responsibility hard at work!

Except this time we dont have jack shit to export?

Fed is screwed and still printing $40B/wk for “liquidity” on US treasuries because the market doesn’t want our debt.

Can’t raise interest rates to control inflation or the weak economy (when you exclude AI) gets crushed and interest on the debt explodes. Most of our debt is on short end bills so we feel the burn the moment that interest rates rise.

Can’t lower rates or inflation soars even higher.

I would ensure you have some hard assets. The money printers are whirring and devaluing dollars seems to be the most likely exit strategy in the long run.

Not financial advice. I’m a fool.

And more than half of that debt was created by..... Trump

it is designed by gop to assign blame to the next DEM(totally complicit as far as DInos goes) administration like they always do,.

did you notice the current shutdown has never hit the airwaves at all, the MSMs realizes the last on scared even the republican voters, so they dint report this one at all. anything to avoid the epstein files.

How could the future democrat do this

Failed country.

Don't worry, DOGE got this

Why does this keep coming up like it just happened?

We hit a 100% debt/GDP ratio in 2012.

We hit 125% in 2020 during COVID.

thanks, drumpfuck

You're welcome for the tax cuts, billionaires who will just fly to some other country when things get a little toasty.

So one more lil happy accident & USA hits the prestigious investment grade of BBB+ (it's a joke but the dollar has been sorta artificially/imperially prompted up, and the purchasing power of USA goods & services has need starched pretty thin ...).

It's called The Art of the Deal, okay!! 😤

Again?

I thought conservatives were fiscally responsible?

The worst part is:

1. By definition, we can’t austerity our way out of this.

We’re in this position because of slow productivity (lack of infrastructure investment) and extreme inequality (lack of wealth tax and lack of welfare spending).

If we simply cut — even in the areas that really need it, like military — these problems will persist and even worsen, because it’s basically saying “okay, economy’s over — winners are winners forever now”.

2. Austerity will be the only viable pitch to the public.

For that reason, we should probably pitch “fossil fuel austerity”.

Fiscal conservatives like to say “the government’s spending is just like yours”, even though it’s not.

So why don’t we copy their approach and say “gas is too expensive for the government, just like it’s too expensive for you — so just like you, we’re comparison shopping and looking for a better deal… like solar!”