Paying down the debt will help Americans VASTLY more than DOGE dividends
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Here’s a flashy, bad idea from President Donald Trump: Give every American a cut of the cash DOGE is clawing back from bloated government budgets.We get the appeal — who doesn’t like free money? — but that’s pretty much how the country got into its current fiscal mess in the first place.And, fine, the president said Wednesday only that he’s musing about giving voters 20% of the savings DOGE finds, whether via tax reductions or direct checks, as well as about putting just 20% toward paying down the national debt.Thing is, even devoting every dime DOGE digs up to balancing the books still won’t get the federal government remotely out of its $36 trillion debt hole.Uncle Sam’s now burning $1 trillion a year just on interest, even as the principal grows.
That’s obscene, not to mention completely unsustainable.So minimizing the overall debt will benefit Americans far more than a quick few grand in their pockets.Plus, direct checks (or tax rebates) greatly risk feeding renewed inflation, just as did the Bidenbucks giveaways of 2021.
And inflation’s return would not only zap any benefit from these payouts (extra cash doesn’t do a lot of good if it’s all going toward marked-up groceries), it’d invite voter fury at Trump and Republicans in advance of the 2026 midterm elections.By itself, putting Democrats out of power in Washington hasn’t brought America back to full price stability: The Consumer Price Index rose again in January to 3% and the bond markets are expecting continued pain.Washington’s splurge addiction is what got us in this mess, and only fiscal sanity can get us out: Best to start getting sane with what DOGE delivers.
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We follow the logic of Trump’s “dividend” idea: The left is go...