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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: albaby1 ✶❂🐝 GOLD
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Number: of 88931 
Subject: Re: Paying off National Debt
Date: 08/24/23 10:55 AM
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Too bad it violates the laws of physics that reducing spending, even by a symbolic amount, cannot be part of a solution.

Symbolic amounts don't affect the payment levels. Non-symbolic amounts require cutting Medicare, Social Security, or national defense - which given the current shift in the GOP to a populist party are now so unlikely that they might as well violate the laws of physics.

So in an exercise to try to figure out how much it would cost in new taxes to pay down the national debt in thirty years, it's probably accurate to ignore as trivial the likelihood of spending cuts from current levels.

Albaby
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This community has written 88,852 posts about US Policy. The article-length ones it recommended most:
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