Musk and Trump continue to expect $1 Trillion or even more in savings through DOGE and that would truly be great, but nit enough.
Today, Musk floated sending every taxpayer $5,000 with that money. That would be the stupidest, most disheartening thing Trump could do.
As evidenced by the investigation of spending that has occurred, we have a much greater spending problem than we do a revenue problem.
Blowing the savings on spending, or sending it back to the taxpayers, would continue our unsustainable rate of debt. This money must not be spent, it must go towards deficit reduction, our only hope.
Greatly reducing the deficit would possibly do more for the average taxpayer than a $5,000 rebate. It would certainly do more for the economy going forward. We must not spend money we don't have. Found money is still "money we don't have" as long as we are running a deficit.
I am reminded of old news articles about "how to spend the peace dividend" after the end of the cold war. My thinking was that it was obvious that any "dividend" should go towards the deficit, then the debt. When we have no more deficit, then pay off the debt entirely, we can cautiously begin to consider small increases in spending, that remain below deficit levels.
Today, Musk floated sending every taxpayer $5,000 with that money. That would be the stupidest, most disheartening thing Trump could do.
As evidenced by the investigation of spending that has occurred, we have a much greater spending problem than we do a revenue problem.
Blowing the savings on spending, or sending it back to the taxpayers, would continue our unsustainable rate of debt. This money must not be spent, it must go towards deficit reduction, our only hope.
Greatly reducing the deficit would possibly do more for the average taxpayer than a $5,000 rebate. It would certainly do more for the economy going forward. We must not spend money we don't have. Found money is still "money we don't have" as long as we are running a deficit.
I am reminded of old news articles about "how to spend the peace dividend" after the end of the cold war. My thinking was that it was obvious that any "dividend" should go towards the deficit, then the debt. When we have no more deficit, then pay off the debt entirely, we can cautiously begin to consider small increases in spending, that remain below deficit levels.
