Inflation as a Fiscal Limit

@DeluxedEdition bad suggestion, let us stop pouring millions of dollars into farm subsidies and see what happens. Much of school debt came into existence because students were sucked into for profit schools, those who promised ridiculous post school income, but only produced huge debt and no degree!

@samueltyler2 I’m sorry but farming is one of the most important manufacturing resources that we have. That’s the food that we eat: not to mention all of these farms and food sources being mysteriously destroyed


That’s an individual problem not a federal problem in a recession. Next the liberals will be suggesting we pay their rent and car notes

@DeluxedEdition so socialism is good for farmers, but not others? What conspiracy theory do you buy into about destroying farms? This isn't liberal verses conservative, this is a reality check.

@DeluxedEdition Well, it's hardly everyone, right? Most are Pell Grants. You know, people without Mommy and Daddy to pay their way. Some say the forgiveness will actually help inflation. But the general consensus is that, over time, the impact to the inflation rate would be 0.15%. Not even a penny in additional cost for your milk.

@DeluxedEdition I agree, farming is important, but if it takes the government to bail out the farmers because they aren't good enough to make a profit on their own. Maybe they should let someone better run their farms.

@independentone there may be better approval aches, but federal funds are "expected" by the farmers, and their Congressional representatives use the pork barrels to accomplish it.

@samueltyler2 If they are going to bail out incompetent farmers, might as well pay off the student loans. Maybe some of those college kids will take farming classes and learn how to operate a profitable farm

@independentone exactly the point. There are other similar "industries" benefitting from federal handouts, that the Republicans do not call socialism.

@samueltyler2 Agreed! Let's make the whole federal government much, much MUCH smaller so it's not nearly as much of an issue. That was the whole idea of this country to begin with.🤠

@irishmolly72 so what are we giving up? Social security? Military spending? Infrastructure spending?

@ViciDraco That's the point, it forces us to prioritize.

@irishmolly72 and how do we decide to do that? Who do we trust to actually do the research to know what the cascading effects are. For example, a lot of people think military spending is a god thing to cut. That we need to stop being the world police. However, being the world police means that we are trusted to have secure trade routes. Which in turn helps support the use of the US dollar as the world reserve currency, which in turn makes our currency much more stable and gives a great deal of other advantages in international trade. Most people won't follow the path that far before voting.

Same with education and research grants. They make serious investments to the future of our productivity as a nation. If we cut those we hamstring ourselves in global competitiveness.

No social security? Guess nobody retires until they die or are medically unable to work and either become a burden on their family or are left to rot.

@ViciDraco As an alternative to voters deciding you would let a central planner decide. They have such a great track record!

@irishmolly72 who is the "us?" who do you suggest is in any position to make the choices you suggest? No one really knows what the founders of the US were really thinking. Weren't they rebelling against a small government run by a king?