Topic: Trump would add twice as much to national debt as Harris, study finds - page 2. (Read 228 times)

This is a problem that so many countries around the world are facing. The political parties don't care about bringing good leaders to represent them, they look for good politicians. People who can win votes and it's making the counties get worse.
I still do not understand why people keep falling for this. A person may be a good politician and a very horrible leader. Politics is different from leadership. A good politician will say the right things, do the right things and meet with the right people to get elected, but when elected, they won't do the right things to make life better for the people and the country. It's not looking good at all. In every election, voters have no choice but to choose the lesser evil.

I blame the party members for this. They have a choice to reject a candidate if they feel that candidate is not fit to rule, but they don't because as long as the candidate is fit to win the election, they don't care. They just want their party to win.

Guy A is going to be twice as bad as Guy B.

How about just skip casting your vote and prepare to campaign to the winner, whoever it will be, to keep doing things that will reduce the debt growth (I don't even want to say eliminate, just make it less and less unsustainable). It really is sad, not just in the US, we're all about choosing the lesser evil.

P.S. Don't the maxis want USD to die and hasten the Messianic rise of Bitcoin?

Here is some important news that could drastically affect the price of Bitcoin:

https://www.washingtonpost.com/business/2024/10/07/trump-harris-national-debt/

If you are actually concerned about the US national debt and fiscal deficits, then the only rational choice for president this election is Harris.

Trump promises to devastate the US economy by imposing gigantic tariffs on all US goods coming from abroad. This will instantly increase prices for all US consumers (far more than the COVID-related inflation we saw last year), and make the US far less competitive in the long run, forcing companies to leave for countries that don't have these tariffs.

Tariffs are stupid economic policy, but they are rooted in the vile racism that Trump makes a centerpiece of his campaign.

And along with tariffs, Trump has promised to enact the largest deportation of individuals ever perpetrated by a government, rounding up 11 million individuals and sending them to countries that most of them haven't lived in decades or more. This will be a big chunk of the US workforce, and in particular one of the most important because it will hit specific industries like agriculture (price of food will go up), construction (price of housing will go up), and hospitality (restaurants and hotels). And of course, this will require a massive expansion of the US Federal government in order to carry out this operation, which will raise taxes and put even more pressure on inflation.

And of course, with 11 million workers suddenly missing from the US, inflation will be rampant as companies will need to scramble to back-fill millions of positions, pulling workers from other industries.

All of this is a recipe for an economic collapse in the USA, and in such a collapse, individual investors will need to liquidate their investments in markets in order to pay the bills--which means massive liquidations of Bitcoin holdings, e.g. the price will drop like a rock.

There is only one candidate running in the US that will keep the price of Bitcoin moving upward, and she belongs to the same party that say Bitcoin increase by 500% in the last four years: Harris.