They have to finish setting Rome on fire first. This move is part of that.Too bad it's all just a theater show.
Oh, well.
To mix a metaphor: might as well enjoy some popcorn while Rome burns.
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I don't see any scenario where it will ever be politically feasible for Congress to pass a reduction of SS benefits.Trump administration recently admitted that Social Security is broke as in by 2035 retiries will only get 80% of the benefits.
I don't see any scenario where it will ever be politically feasible for Congress to pass a reduction of SS benefits.
The form that the federal government's defaulting of its financial obligations will take will not be austerity, it will be continuation of the method that it's already using, which is devaluation of the dollar. They will pay the amounts they promised by printing however much money it takes. The government promised retirees a certain number of dollars, and it will given them those dollars. But the government didn't make any promises about what those dollars will be worth.
We could be, post-Trump, on the path to fiscal and monetary discipline.
While I'm against the jab orders what's being discussed now is a whole different level of evil. If a soldier decides to take/not take the jab that's just affects him. If a soldier decides to fire/not fire on a speedboat that's been accused without evidence of carrying fentynal / Branch Davidian compound / U.S. citizen who has been accused of terrorism but not given a fair trial / innocent Vietnamese villiage / Doctors without borders hospital, a LOT more people are affected.
Well actually theyve consistently taken steps to ensure they will be worth less ea yr especially in past 25 yrs. Weve had 100 yrs of inflation in past five yrs. 1921 8 lbs of pot roat 1.00 , 2019 32.00 , 2025 65.00 on saleI don't see any scenario where it will ever be politically feasible for Congress to pass a reduction of SS benefits.
The form that the federal government's defaulting of its financial obligations will take will not be austerity, it will be continuation of the method that it's already using, which is devaluation of the dollar. They will pay the amounts they promised by printing however much money it takes. The government promised retirees a certain number of dollars, and it will give them those dollars. But the government didn't make any promises about what those dollars will be worth.
It took me a few minutes to decipher this. But now that I have, how is this not what I said?Well actually theyve consistently taken steps to ensure they will be worth less ea yr especially in past 25 yrs. Weve had 100 yrs of inflation in past five yrs. 1921 8 lbs of pot roat 1.00 , 2019 32.00 , 2025 65.00 on sale
Id say it is what you said. If they promised you 2k Im thinking youll get 2k , itll just buy 1k of what it would've a year or two or three prior. Its just paper and the printer doesnt stopIt took me a few minutes to decipher this. But now that I have, how is this not what I said?