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Re:DOGE's Only Public Ledger Is Riddled with Mistakes by nessbot on Saturday February 22, 2025 @04:55PM (#43143671)
> eventually cuts must be made.

This is logically (and in a simple way) false. Incomes could also increase.

Re:DOGE's Only Public Ledger Is Riddled with Mistakes by firejake308 on Sunday February 23, 2025 @01:17PM (#43151581)
Well, I must admit that is true, but I guess that 20% of the annual budget going toward interest feels likean impossibly large fraction to overcome. But yes, theoretically, if GDP grew by 300% in the next year, the debt would shrink proportionately, and I would feel much better about not needing to make any cuts. I suppose my concern is that with the nature of the business cycle, we will run into a recession sooner or later, and when that happens, if GDP and tax revenues both go down for a sustained period, then I would worry that lenders would become hesitant to provide additional funding. But I suppose that would be a complicated situation with many other factors, so maybe I am worrying too much.
Re:DOGE's Only Public Ledger Is Riddled with Mistakes by nessbot on Monday February 24, 2025 @06:00PM (#43165969)
Lenders? You mean bond purchasers? That's who lends money to the Gov.