raising the debt ceiling

[banjo Jon]

In my limited experience as a computer programmer, sometimes it's easier
and more productive to start over again with a clean slate, than to go
back and try to correct every little mistake on the last attempt.

I don't understand the government shutdown, but if it is anything like
trying to create a correct computer program; then maybe it is easier and
more productive to start over again with a clean slate, than to go back
and try to correct every little mistake on the last bill that failed.

What do you think? Also, please explain what a government shutdown is,
what it accomplishes and how it leads to a better solution in the end.

Also if Trump wants to raise the debt ceiling, why is he encountering so
much opposition to that? If the debt ceiling is raised, what are the
consequences of that, the advantages and disadvantages?

[badgolferman]

Post by banjo Jon
In my limited experience as a computer programmer, sometimes it's easier
and more productive to start over again with a clean slate, than to go
back and try to correct every little mistake on the last attempt.
I don't understand the government shutdown, but if it is anything like
trying to create a correct computer program; then maybe it is easier and
more productive to start over again with a clean slate, than to go back
and try to correct every little mistake on the last bill that failed.
What do you think? Also, please explain what a government shutdown is,
what it accomplishes and how it leads to a better solution in the end.
Also if Trump wants to raise the debt ceiling, why is he encountering so
much opposition to that? If the debt ceiling is raised, what are the
consequences of that, the advantages and disadvantages?

Here’s an article which may help you understand the debt limit.

https://prospect.org/blogs-and-newsletters/tap/2024-12-19-debt-limit-should-absolutely-be-eliminated/

[Charlie M. 1958]

What do you think?  Also, please explain what a government shutdown is,
what it accomplishes and how it leads to a better solution in the end.
Also if Trump wants to raise the debt ceiling, why is he encountering so
much opposition to that?  If the debt ceiling is raised, what are the
consequences of that, the advantages and disadvantages?

Taxes alone do not provide enough money to fund the government and all
its programs, so it borrows money from investors and other countries by
selling bonds, and promising to pay that money back with interest. It's
no different than if you, as an individual, didn't have enough income to
pay your bills, so you kept taking out loans. Every time you took out a
new loan you'd pay something back towards an older loan, but you still
kept getting deeper and deeper in debt.

A goverment shutdown temporaritly slows the amount of money flowing out
of the treasury, but accomplishes nothing because the goverment always
ends up paying back whatever was not paid out during the shutdown.

The only solution to the debt problem is to cut spending and/or raise
taxes. Politicians don't like to vote for either of those things
bwecause they don't want to piss off voters. So there we are.