politics

Don’t think most folks on the socials understand what will happen when major government programs and their budgets get cut. So it begins..

👨‍💻 /uno and /outside, @unofficial

New Deal increased spending to get us out of the Great Depression.

Are you implying that by reducing government spending we’ll enter a New Great Depression?

blockspace babe. cultural attaché from ‘06 twitter. adjacent possible fanatic. writing at https://paragraph.xyz/@jdl

🌐 UTC–4

In 2008 your parents noticed your lemonade stand isn't doing well, so they:

Gave you money to buy more lemons and cups
Helped you build nicer lemonade stands
Hired your friends who didn't have jobs to help
Made rules to make sure everyone's lemonade was safe to drink

Should our government continue spending like we’re in a depression when we’re not?

Should our government set a precedent that they’ll bail us out when we fail?

I don’t think so - but I’m quite curious to hear your take, and I’m open to changing my mind!

building /fc-marketplace // prev. rabbithole, village global

Should our government continue spending like we’re in a depression when we’re not?

Should our government set a precedent that they’ll bail us out when we fail?

I don’t think so - but I’m quite curious to hear your take, and I’m open to changing my mind!
https://warpcast.com/christopher/0x41d40d08

Totally agree with you on the stagflation point - but I don’t think “more spending” alone solves that problem.

Shouldn’t we cut unnecessary spend and reallocate to things that drive growth?

I don't think we'll ever enter into a depression since there are many, many programs both public and private that will aid folks most susceptible to economic harm. But I see a world where the United States is getting more vulnerable to competition as we spend less on ourselves and end up in a longer stagflation.