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Filligree | 1 month ago

The deficit reliably starts to come down whenever a Democrat leadership is in place. It then jumps back up under the Republicans.

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toomuchtodo|1 month ago

Well, the unsophisticated and low education keep voting for Republicans, so what do? If you’re an individual, if you can, the best you can do is be prepared to get out and not have exposure to the US financially or from a tax perspective. Otherwise you’re stuck going over the cliff economically with the lemmings due to an uneducated, unsophisticated, vibe driven electorate and a suboptimal political and governance system lacking sufficient checks and balances to prevent this outcome.

Maybe we’re lucky and adults come back into power, but hope alone is not a strategy. No one is coming to save you, prepare accordingly. I have prepared accordingly to decouple from the US entirely as a citizen, if necessary. It’s regrettable and I have no other solution for those inquiring. You can’t control the winds, but you can adjust your sails. My genuine condolences and sympathies if one cannot escape the US either via income, wealth, or some form of visa (lineage, family, work, etc).

(derived from first principles)

KPGv2|1 month ago

so 100% of your savings are in foreign companies that don't have US as a client, plus BTC, and you have dual citizenship already plus don't own your own home?

elicash|1 month ago

In "defense" of Republicans, the MAIN reason for deficit increasing under Republicans is that their administrations often end with some type of economic disaster. Their increased spending is part of the picture, but not as responsible as the impacts from final year recessions.

yoyohello13|1 month ago

It blows my mind that republicans are still seen as the fiscally responsible party.

mrguyorama|1 month ago

It's a great indicator of how much of the American public's sentiment on everything is driven by marketing.

Just say "Fiscal responsibility" enough times and it's magically true, and nobody will listen to the educated people pointing at literal receipts because they are "the elites", which is a group that somehow doesn't include the people who's wealth has grown 10x based on explicitly pro-rich person fiscal policy for decades.

It's why they blame democrats for "globalism" as well, despite the fact that the entire country loudly voted for Reagan because of his "lets reduce taxes and magically get rich" narrative.

Or how it's constantly said that "Democrats turned their back on blue collar workers". Said by people voting for the "Unions are inherently bad" party.

Everything about American behavior makes sense when you understand them as especially prone to swallowing marketing and ideology as truth.