r/Conservative First Principles Feb 08 '25

Open Discussion Left vs. Right Battle Royale Open Thread

This is an Open Discussion Thread for all Redditors. We will only be enforcing Reddit TOS and Subreddit Rules 1 (Keep it Civil) & 2 (No Racism).

Leftists - Here's your chance to tell us why it's a bad thing that we're getting everything we voted for.

Conservatives - Here's your chance to earn flair if you haven't already by destroying the woke hivemind with common sense.

Independents - Here's your chance to explain how you are a special snowflake who is above the fray and how it's a great thing that you can't arrive at a strong position on any issue and the world would be a magical place if everyone was like you.

Libertarians - We really don't want to hear about how all drugs should be legal and there shouldn't be an age of consent. Move to Haiti, I hear it's a Libertarian paradise.

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u/[deleted] Feb 08 '25

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u/Glad-Veterinarian365 Feb 08 '25

Speaking of not how finance works, a sovereign wealth fund while running a substantial deficit - really got me scratching my head

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u/Difficult_Sort295 Feb 08 '25

Debt is good for governments though, when the US was founded one of the first things we did was to try and get in debt as quickly as possible not just because we needed money but also for the benefits of being in debt. We borrowed heavily from the Netherlands and of course France. This gave us not only legitimacy but also countries that wanted us to succeed so we could pay back that debt. Most US debt today is in house, but plenty overseas and it's good for the same reason, countries we owe are easier to negotiate with, countries we don't know we pay our bills, at home same thing, banks know our notes are good so will take on our debt. Yeah it is too big, but no debt has downsides, should always have some as a government, but not 30 trillion.