Re: "Castigo Cay" by Matthew Bracken

On 7/23/25 13:34, Cryptoengineer wrote:

On 7/23/2025 3:01 PM, Lynn McGuire wrote:

On 7/23/2025 8:38 AM, Scott Lurndal wrote:

Lynn McGuire <lynnmcguire5@gmail.com> writes:

On 7/22/2025 7:51 PM, Dimensional Traveler wrote:

On 7/22/2025 4:01 PM, Lynn McGuire wrote:

>

>

Many countries are already moving away from reliance on the US Dollar
because of the current federal Administrations attempts at policy.

>
Most of that, if not all, was started during the Biden administration
due to the huge deficits.

>
Nonsense.  Support your assertion with the relevent research citations.

>
Your TDS is getting stronger.  I suggest seeing a psychiatrist about it.
>
Lynn

 I hate when people won't cite actual numbers.
 From:
https://www.consumeraffairs.com/finance/us-debt-by-president.html
 Name            Dates     debt at end   Increase  Percentage increase
 Clinton         1993-2001   $5.81 T     $1.40 T   31.64%
George W. Bush  2001-2009  $11.91 T     $6.10 T  105.08% - over 2 terms
Barack Obama    2009-2017  $20.24 T     $8.34 T   69.98% - over 2 terms
Trump 1         2017-2021  $28.43 T     $8.18 T   40.43%
Biden           2021-2025  $34.60 T     $6.17 T   21.71%
 I'd like to point out that both Trump 1 and Biden had to deal with the
Covid epidemic, when 3-4 trillion dollars that were conjured out of
thin air to keep businesses afloat, employees paid, and people whose
jobs shut down with a roof over their heads and food on their plates.
 That 3-4 trillion was money well spent, and spread the burden over the
entire population in the form of later inflation. Sometimes you have to
take on debt to get through hard times.
 pt
 

And sometimes you have to simply raise taxes on the well off and well
compensated to balance the budget as Ike did way back there when I was in High School. 90% taxes on the people with over a few millilon a year might do a lot to
bring the deficit down. Confiscatory taxation on the people with over $100 million
in wealth might do a lot  more.  The money belongs to the nation and the nation
should be able to recall it when it is trapped in the holdings of a few people.
bliss