j_garcia

j_garcia

Audioholic Jedi
I asked ChatGPT: what is the state debt of USA
The answer is simply out of this world insane :eek: o_O

As of November 2024, the United States' total federal government debt reached $36 trillion.
This figure includes both debt held by the public and intragovernmental holdings.

In addition to federal debt, individual U.S. states carry their own debts. For instance, California has the highest state debt, totaling approximately $520 billion, followed by New York with $368 billion, and Texas with $324 billion.

It's important to note that the national debt has been increasing due to consistent budget deficits since 2001, extensive borrowing for wars, disaster responses, and efforts to combat recessions and the pandemic. The debt now stands at $36 trillion, equivalent to over 120% of the U.S. Gross Domestic Product (GDP).
First reign of Trumpy we went from $20T to almost $30T in 4 years, though some of that was Covid related. There was a chart that showed it was growing significantly long before Covid hit though. Now he is going to enact more policies that will sink us again.

Trumpy wants the Fed to decrease rates but CPI is way up, so he's gonna have to figure out how he's going to help the those people who voted for him and who will turn on him in a heartbeat if the economy worsens instead of getting better.
 
highfigh

highfigh

Seriously, I have no life.
What I'm saying is that there is no rhyme or reason to what DOGE is doing. If you think Musk and his band of flying monkeys somehow conducted an audit of government expenditures and found all the fat and fraud prior to Trump assuming office, and then were able to surgically slice that stuff out immediately....well, I don't know what to say to that.
I see it as poking the government with a stick- nobody gave a rat's butt before, he's forcing them to look at it.

I think they might use the facts of fat & fraud to prosecute those guilty of crimes- that should happen and they need to rectify the situation but ay what cost? Would it make finding good candidates impossible, or just much harder than it is now?

Flying monkees or not, fiscal resonsibility has been completely avoided. Did you know there was a way for members of Congress to avoid penalties for bouncing checks?


MIsconduct-


Here's more- it's a mess.

 
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