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US Government shutdown averted

This situation comes up regularly and it seemsd a stupid measure foisted upon the long suffering public.
The situation must be tackled differently.
Sure, I do not have the answer. One thing is clear, the US services will shut down again and again in the years to come.
Why don't the public not vote for those politicians who keep voting against funding the Government?
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I wonder who loaned the US $5Trillion this time around to pay the interest-owing on the first $36Trillion they borrowed? Wasn't me!
Picklebobble2 · 56-60, M
@swirlie I think the answer to that is your children and grandchildren at the expense of their future salary and pension contributions
@Picklebobble2
I was reading recently where it is estimated that the current National Debt of the US government is actually impossible to payoff now, even if left for future generations to deal with. This is because the taxes are not high enough in the USA to generate enough tax revenue to achieve that end.

Giving money away to other countries and spending $800Billion annually on the US military budget alone, plus tax cut initiatives and zero taxation for corporations, is what has put the USA behind the financial 8-ball in the first place and now unable to recover from, short of declaring Chapter 11.

If Trump wants to run the USA like a business like he's always said that he would do if HE were POTUS, expect foreclosure to follow because that's what happens to corporate America when they don't pay their bills. That's what happened to Greece. They had to start selling their islands to pay off their National Debt.
Picklebobble2 · 56-60, M
@swirlie This is what worries me about the next four years.
It's one thing to be full of bravado as seen and heard in Trump posts and statements since the election, but you can't help but worry what the U.S economy and societal fabric will look like come the end of it.
@Picklebobble2
Yes, I concern myself with that too for the sake of the country's survival itself. I think what concerns me the most is the debt distribution that's taken place since about 1917 when the US started borrowing money and having established a 'debt ceiling' in the first place.

Where 60% of America's national debt is held is with foreign countries who loaned the USA huge sums of money of which the US has never paid back, but instead keeps running a proverbial bar tab with them.

The remaining 40% of national debt is held by Corporate America and private investors including American banks and mortgage lending institutions.

The problem is, the interest-owing ALONE on that bar tab I speak of is now $1Trillion annually with no payment made whatsoever to the principle balance owed. That amount represents 45% of ALL taxes collected by the IRS annually, just to service America's annual interest payment on their National Debt.

It's one thing to owe your creditors money, but it's quite another thing to have other Nations as your primary creditors whom you have no control over, nor are any of them obliged to cut America some slack, particularly when Trump wants to impose tariffs onto THEM to sell their goods in the USA!

What Trump doesn't realize is that America is not the one dealing the cards at this poker game, but he pretends to the world that he owns the American casino.
22Michelle · 70-79, T
@swirlie Well he has form for bankrupting Casinos he owns.
@22Michelle
I have no idea what you just wrote here. Please proof-read your work before submitting it!
22Michelle · 70-79, T
@swirlie That you just don't like the facts thag Trump is an extremely poor businessman doesn't change those facts.
@22Michelle
First of all, I am not a Trump supporter. Secondly, I asked you to proof-read your post before submitting it because there are spelling errors which make your post unintelligible and therefore lacking all meaning. Thirdly, you are correct in saying that Trump is an extremely poor businessman which he is and he's proven that fact several times through several bankruptcies, the last most notable bankruptcy being the 'Trump Atlantic City Casino' which was funded 100% with Russian money which he STILL owes to a single Russian Oligarch to this day.