Congress should vote on all debt spending.
This is how the USA spent in wartime emergencies for most of its history. Right now, we are not in a war and in fact according to the commander in chief we are ending all wars. So the government should not be spending over its budget. But they're overspending by a trillion every 150 days? How embarrassing for the current leaders, and depressing for future generations saddled with the debt.
Instead of a debt ceiling, pass a resolution requiring authorization for spending that goes over budget. That'll get the Republicans in line.
Maybe this is the only strategy for finally putting an end to the F-35 program lol.
Thoughts?
https://www.nationalreview.com/2025/08/the-national-debt-just-eclipsed-37-trillion-heres-what-we-should-do-about-that/
@wildgrass saidThoughts? You sound like a Republican (and a Constitutionalist).
Congress should vote on all debt spending.
This is how the USA spent in wartime emergencies for most of its history. Right now, we are not in a war and in fact according to the commander in chief we are ending all wars. So the government should not be spending over its budget. But they're overspending by a trillion every 150 days? How embarrassing for the current leaders ...[text shortened]... alreview.com/2025/08/the-national-debt-just-eclipsed-37-trillion-heres-what-we-should-do-about-that/
Too bad the Republicans in Congress can't walk their own talk.
@Arkturos saidYah I was a Republican until they became the party of exploding debt spending. I'm also not a fan of the culture wars.
Thoughts? You sound like a Republican (and a Constitutionalist).
Too bad the Republicans in Congress can't walk their own talk.
What's wrong with asking congress to authorize debt spending for specific purposes?
Like, maybe we need to go to war with Iraq. That means taxes are going up OR your grandkids will be saddled with $1 trillion in debt.
Maybe we need the government to bail out the billionaires running banks who purposefully took on too much risk because the profit margins were too tempting. That means taxes are going up OR your grandkids will be saddled with $1 trillion in debt.
It makes sense to me. Choose your own adventure.
@wildgrass
I don't know enough about economics to even hint at a solution, but I think a major problem is that our top politicians (USA) are good at blabbing and saying the right things to get elected, but are not necessarily tech-savvy, or economically savvy, or futurist enough. Not sure whether the different potential turnover rates of our Congress and Senate will prove to be beneficial or detrimental in what could be swiftly changing times ahead.
As for me, my voter-registration card says "NPA" (no party affiliation). A few years ago I joked among friends and family that I wasn't sure whether to vote for the speech police or the book burners.
Maybe some of the old-school backup plans would be to devalue the dollar with an executive order, or more casually drive us into hyperinflation with economic policies.
It was only last week that Elon prophesied that we'll all be living in some kind of post-monetary society in a decade or two -- but even if that turned out to be true, we need some serious public-policy thinking going on right now by serious people (and not a psychotic clown and his minions) about how to manage the transition.
@Arkturos saidPost monetary society? That means Musk no longer believes in capitalism.
@wildgrass
I don't know enough about economics to even hint at a solution, but I think a major problem is that our top politicians (USA) are good at blabbing and saying the right things to get elected, but are not necessarily tech-savvy, or economically savvy, or futurist enough. Not sure whether the different potential turnover rates of our Congress and Senate will prove ...[text shortened]... ow by serious people (and not a psychotic clown and his minions) about how to manage the transition.