this post was submitted on 01 Nov 2024

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chapotraphouse

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Allied with Trump, Elon Musk eyes radical cuts to US gov’t spending (www.aljazeera.com)

submitted 2 months ago* (last edited 2 months ago) by FuckyWucky@hexbear.net to c/chapotraphouse@hexbear.net

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Deifict hawking in the US in 2024? Sounds great for global capitalism. US is THE consooming engine.

Atleast Argentina is a smaller country. Atleast Russia was disconnected from rest of the capitalist world pre 1990s.

And it's by no means "radical". Bill Clinton the neoliberal establishment guy ran budget surpluses in the 1990s, sucked money away from the (mainly poor) people and increased household debt.

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[–] coolusername@lemmy.ml 20 points 2 months ago (1 children)

US gov literally has infinite money

[–] FuckyWucky@hexbear.net 19 points 2 months ago

Infinite money is only for war and corporate subsidies sweaty.