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TommyJ
Patrick Boyle
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Comments by "TommyJ" (@ImperiumLibertas) on "The US Hits Its Debt Ceiling Limit!" video.
@somethinglikethat2176 that's not true at all. We're litterally sending them state of the art missiles, hunter killer anti-tank drones, HIMARS MLRS systems, IAD air defense systems, and a bunch of other equipment. A lot of this stuff is bleeding edge brand new.
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@antiquehealbot6543 bond yeild is great until you take into account the massive inflation cutting into those profits. The higher the inflation the higher the bond yeild required to attract purchasers forcing the fed to print more money to cover the interest causing more inflation and the cycle continues. That or they reduce spending or increase taxes. Reducing spending is unlikely and increasing taxes is unpopular so you can look forward to more inflation and QE in the future.
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@jtgd I'm sorry to inform you (not really) that Ukraine is not our responsibility and we aren't the world police.
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@jtgd you're right we should cut off all aid to other countries until we get our budget fixed not just Ukraine!
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@nicholasdean3467 yeah that's the problem. Cutting spending would mean their pet projects don't get funded.
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There are a small group of republicans that are against high spending but the majority of them are just as pro big government as their democrat counterparts
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