- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
At this point is it even possible for the USA to get it's financial house in order?
Posted on 1/16/26 at 1:55 pm
Posted on 1/16/26 at 1:55 pm
Or is the entire system fricked and on borrowed time?
8
Posted on 1/16/26 at 2:04 pm to Rankest
Functionally, yes. Politically, almost certainly not.
Which means we're likely just holding on until the world decides to move on from using the USD as its reserve currency. Because the day that happens, it's too late to fix the problem and Americans will find out what it means to live through the collapse of an empire.
Which means we're likely just holding on until the world decides to move on from using the USD as its reserve currency. Because the day that happens, it's too late to fix the problem and Americans will find out what it means to live through the collapse of an empire.
Posted on 1/16/26 at 2:09 pm to Rankest
There’s only one way to fix America and everyone knows what it is but nobody is allowed to say what it is
Hopefully the zoomers can turn things around but I fear it’s too late
Hopefully the zoomers can turn things around but I fear it’s too late
Posted on 1/16/26 at 2:20 pm to Rankest
Mathematically it can be done
In a period of 10 years-
Keep taxes as they are. No tinkering
Government spending has to remain flat. Shift amounts within the framework but no overall increase in spending.
Our economy would expand and we’d grow our way to fiscal sanity.
In a period of 10 years-
Keep taxes as they are. No tinkering
Government spending has to remain flat. Shift amounts within the framework but no overall increase in spending.
Our economy would expand and we’d grow our way to fiscal sanity.
Posted on 1/16/26 at 2:21 pm to el Gaucho
quote:
There’s only one way to fix America and everyone knows what it is but nobody is allowed to say what it is
Go on..
Posted on 1/16/26 at 2:32 pm to SlidellCajun
That would be too easy
Posted on 1/16/26 at 2:36 pm to SlidellCajun
quote:
Our economy would expand
quote:How would the economy expand if we kept spending unchanged? Keeping spending unchanged would actually require massive cuts because we have a debt to service. Those cuts would absolutely slow down the economy.
Government spending has to remain flat.
My answer is that it’s no longer mathematically possible under the current system. This will sound like a joke but the only conceivable path I can think of is if bitcoin becomes the world’s base money and the US has an outsized position of that monetary system.
This post was edited on 1/16/26 at 2:41 pm
Posted on 1/16/26 at 2:43 pm to Rankest
NO, and No.
38 trillion and counting, gov't money keeps many industries afloat. Just like entitlements will never be cut to make a difference; crime would skyrocket.
38 trillion and counting, gov't money keeps many industries afloat. Just like entitlements will never be cut to make a difference; crime would skyrocket.
Posted on 1/16/26 at 3:16 pm to Rankest
There is a world where you accelerate growth enough that you "grow" yourself out of the fiscal problem.
Posted on 1/16/26 at 4:02 pm to Rankest
They will inflate their way out like they always do
Posted on 1/16/26 at 4:03 pm to lynxcat
quote:
There is a world where you accelerate growth enough that you "grow" yourself out of the fiscal problem.
Unfortunately, I think we're past that point. We're set to pay roughly $1T next year simply in interest on existing debt, and we're already heavily deficit spending even if we locked spending at current rates. Because we can still export inflation due to being the world's reserve currency, I think it's still possible, but I think it would require, at minimum, a $1T or so cut from current spending levels. Which, considering the behemoth that the federal government has become, isn't all that difficult. At least if you ignore political reality
Posted on 1/16/26 at 5:39 pm to Joshjrn
quote:
We're set to pay roughly $1T next year simply in interest on existing debt,
70% of debt is owned by either US investors, the US govt, or the Federal Reserve. So we owe us?
Posted on 1/16/26 at 5:55 pm to Rankest
We’ll be obliged to re colonize the planet. Everyone pretends we’re too civilized, but I guarantee it will only take a couple years of austerity before people welcome reframing the concept of tribute into UBI to protect the working class.
Posted on 1/16/26 at 6:22 pm to Dawgfanman
quote:
70% of debt is owned by either US investors, the US govt, or the Federal Reserve. So we owe us?
In a way yes; in a way no.
But let’s say tomorrow morning (hypothetically, procedurally it would take longer), we all wake up, and the United States announces that it will be disavowing every bit of its $38TT+ present debt and will be starting from zero.
What would you think would happen to the USD?
Posted on 1/16/26 at 8:28 pm to beaverfever
quote:
conceivable path I can think of is if bitcoin becomes the world’s base money and the US has an outsized position of that monetary system.
No way
What government is going to give up their currency?
And why would you want a currency as volatile as bitcoin?
Posted on 1/16/26 at 9:00 pm to SlidellCajun
quote:
Government spending has to remain flat.
That's the disqualifier. As inflation continues to creep up over the years, current deficit levels will have to rise to keep affording the same amount of largess. Without that largess, many politicians won't get re-elected so there's simply no way on God's green Earth they vote for such a restrictive (read: self-harming) spending plan.
That's why it's not possible for the federal government to get its financial house in order.
Posted on 1/16/26 at 11:57 pm to Rankest
People cannot get elected on cutting spending.
/thread
/thread
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News