General Discussion
Showing Original Post only (View all)A few things about cutting SS and Medicare [View all]
that the MAGA morons don't get are that when you remove that money from people who every month spend it on things that it has a major impact to the economy. Retail sales will tank for example, money flowing into health care related companies will tank etc. Then the multiplier effect also kicks in as those businesses have less need to spend on any expansion because their business is shrinking and not expanding. Because they aren't expanding the construction companies have less revenue. Because there is less construction of new facilities there is a decline in revenue for companies supplying building materials. Because there are fewer buildings being built there is less revenue for companies supplying office furniture etc. and the list goes on.
Then of course there are all of the jobs that get cut because of the deep declines. When you cut this spending it will send the economy into a deep downward spiral and the recession will be long and brutal. But I'm sure that the MAGA morons will claim it was the fault of "all of that spending Biden did".
Government program approval, annual budget request or continuing resolution, actual spending/project request and finally disbursement/allocation of funds are not all the same thing but MAGA morons and the GQP leaders over the many years have successfully, with the help of a compliant and ignorant media, convinced people that they are all the same and so they believe that when the dollar amount for a program is passed and signed into law that it means the money has been spent. In fact it might be years before any significant funds are disbursed.
For historical context one of the big benefits back in the beginning of Social Security was the major boost to the economy because of the monthly spending by recipients. FDR had the brains to realize it would happen. We know that this MAGA crowd is an "intelligence optional" club.
