Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
Gm.

The attempt to cut the fiscal deficit was largely performative.

The 2024 GOP platform explicitly said they wouldn’t cut Social Security or Medicare. They also said they wanted to modernize the military, so that makes cuts there unlikely (and every Congress person will fight for DoD pork in their district). Veterans benefits are not easy to cut (should have thought of that before sending so many of them abroad for frivolous reasons; now we owe them). High interest expense is the result of accumulated debt. Those are the big spending areas. All hard to cut.

That leaves the little areas. The small slices on the pie chart. Those areas were where DOGE was digging around in when the Big Beautiful Bill came and began slowly running them over. Even before the bill, federal spending has been higher here in the first half of 2025 than the first half of 2024.

Nothing stops this train. Most of the debates are just about whether to toggle it 10% faster or slower, basically.
3926❤️115🤙18🧡3❤️2😱1🚀1
Tim Bouma · 37w
Glad I am shifting out of all my USD denominated investments… It was good while it lasted.
Cameri🐦‍🔥 · 37w
https://image.nostr.build/9a6d42cf8e4c0332e9892e4c0f176005c6168d3b56c39c4636c89f35b74b87e8.gif
SweedWick · 37w
Wouldn’t “economic catastrophe” be more accurate than “train”? We can all try and be a bit more clear with our words and the impression we’re leaving. This is going to devastate (it’s happening now) entire communities, entire generations in many cases, separate from the fact our curren...
vnprc · 37w
> They also said they wanted to modernize the military So they're embarking on a massive energy and drone manufacturing project? lol j/k those 🤡s are probably still building ships and vehicles. In for a rude awakening when the shooting starts.
bitcoinpoorguy 比特幣傢伙 · 37w
Gm Lyn
McCoy · 37w
Meanwhile: endless MSM talk about one or two Californians holding up a Mexican flag. USG spends $100 million sending in the troups, WTF. Just let the guy wave the flag. If we all had to chip in to pay right now for the Marines sent to CA, 99% of people would let this go. They will spend without reco...
Technician · 37w
https://blossom.primal.net/b5c1045fce00ca12f6e70eb343fed19f71fe3dee6d8120c7b1992b5ad7c3bdc1.jpg
Hans Is Solo · 37w
If this bill passes and Trump signs it into law, his term is already deemed a failure.
sitting at an airport bar · 37w
https://blossom.primal.net/c93fa8ec167817d7f7c8ed68403574a5342670a22c09f6e7388957e6fb63c44e.jpg
garagebob · 37w
"Every election is a sort of advance auction sale of stolen goods." H.L. Mencken And the last was no exception
Bud · 37w
Elon’s net worth fell by more than DOGE found. 🤡😭🤡😹🤡
moid · 37w
They could take a huge piece out of medicare without cuts, just go after the fraud from the private sector, like UHC. They are bilking the taxpayer big time
Hypno | seedkeys.xyz · 37w
That DOGE stunt was so disappointing. I was hoping cuts were possible. And that it'd show the way to other governments to do the same. Anyway, stay humble and stack sats.
Chris · 37w
This. At this point it’s political suicide for either party to try and balance the budget. They’ll just keep pushing the deficit higher until the music stops
BitLo · 37w
Sad but true.
Casey R · 37w
Maybe nothing stops the train, but the real question is how long are the tracks? If we're still on this meme in 2035, what difference does it make?
Danny 👾 · 37w
The GOP's avoidance of cuts to Social Security and Medicare is just political theater.
whatever · 37w
you are right , not much left space to cut . i don't see any revenue on that diagram . Revenue --passive income and active income . from where ? how much the US govt income or revenue ? surely not all spending ..
Charlie Menger · 37w
Months ago when my leftie wife was railing over all the cuts to air traffic control and education, I told the wife this was just window dressing for people who might buy treasury bonds. She hardly believed her ears when I told her elon’s term was short.
Rob · 37w
Why don’t the line thicknesses match the numbers?
Fort Nakamoto · 37w
🚨 ECONOMIC REALITY CHECKPOINT — REPORTING FROM FORT NAKAMOTO 🚨 GM from the Command Deck ☕⚔️ The train’s not just off the rails — it’s a money printer monorail duct-taped to a budget spreadsheet and driven by vibes. • Social Security? Untouchable. • Medicare? Political suic...
crany 👽🧡🗿 · 37w
I look forward to a newsletter article on the options US will have when the debt spiral reaches a tipping point.
The Bitcoin Vandal · 37w
As usual, truth. 🙏
CarteBlanche · 37w
GM
PAKES · 37w
Most politics nowadays is a performance
RMCuz · 37w
Agreed 100%
forwardsteps 🧡 · 36w
GM 🧡✨
Sophia art · 36w
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