Rebane's Ruminations
July 2025
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George Rebane

The Republican debate about the Big Beautiful Bill (BBB) goes on after it squeaked out of the Senate with the VP’s vote.  A quick look at the alternatives shows that the debate involves no reasonable alternative to the BBB.  Everyone except the economically ignorant leftwingers in the country knows that the only solution to our national debt problem (crisis?) is through the strong growth of our economy.  And that level of growth – annually 3-5% – is necessary to make ongoing deficits and debt growth manageable.  Higher levels of growth, albeit not likely, will make the debt problem irrelevant.

All, save of the Left, who have been paying attention know that we cannot tax or redistribute ourselves out of debt, and that reducing spending requires the politically impossible and massive reduction of legally entrenched entitlements.  Given these constraints, the Republican opponents of BBB’s passage must quietly be hoping for a Plan B from heaven because no one on this planet has a clue on how to gin up and get anything else through this congress.  If they blow it now and the BBB dies in the House, the Republicans have had it – they have dashed all hope and given birth to the biggest political disappointment in the country’s history.

Without passage of the BBB we will be heading for a financial and governance crisis under the resurgent Democrats who are eager to reduce America into a second rate socialist country and reexperience all the economic catastrophes of the Europeans.  A harbinger of this is Zohran Mamdavi, Democratic candidate for NYC mayor.  What continues to disappoint me is that the talking heads on Fox keep telling us that they simply don’t understand how so many NYC Gen Zers have voted for the communist in the primary.  The answer is beyond obvious, they are the third generation educated in Great Society union-controlled, socialist public schools ranging from kindergarten through academia.  To them socialism, not free market capitalism, is the preferred form of governance and organizing society.  It would be good if the conservative media had the wits and balls to regularly report this sad attribute of our voting public.

Bottom line message to all Republican congress critters – unless you know of a Plan B that has better than a snowball’s chance in hell of passage, vote for the goddam BBB!

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10 responses to “Growth and ONLY growth”

  1. Scott O Avatar

    re the debt:
    https://lawliberty.org/only-a-disaster-can-save-us-now/
    The only realistic way to deal with the natl debt involves financial pain. It won’t be so bad for the wealthy – the poor don’t have far to fall – it will hollow out the middle class.
    Or we can (and probably will) wait for the day of reckoning. And it will be much worse.
    There is one slow way it might happen and that is some kind of full govt control implemented just ahead of a failed bond auction or something like that.
    Then folks might think it’s been fixed but eventually the financial rot will start causing different businesses and institutions to fail and we’ll all slowly but surely sink (ala Britain).
    Remember there isn’t just the fed govt that’s in trouble – several large cities and a few states have run up liabilities they can’t possibly dig themselves out of. And not a few large corps are saddled with ruinous debt aaaaand then there’s personal debt held by citizens…
    We were so clever in finagling a way to run an economy on bullshit for so long I don’t think anyone is ready to face what’s coming.
    Maybe I’ll be dead before it collapses – who knows?
    Have a nice day!

    Like

  2. The Estonian Fox Avatar
    The Estonian Fox

    Why isn’t anyone (else) mentioning cutting back the guaranteed pensions of the federal, state, local workers by 50%, as a start. Unions are involved with much of the pension accumulation. Govt workers generally are paid above equivalent private jobs.

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  3. Scott O Avatar

    “Why isn’t anyone (else) mentioning cutting back the guaranteed pensions of the federal, state, local workers by 50%, as a start.”
    You mean like a politician?
    “Mention it” and start looking for a different career.

    Like

  4. Randy Avatar
    Randy

    Listening to a local investment show this AM heard an interesting comment. Blackrock is now favorable regarding US investments based upon the Vietnam tariffs. Apparently over the years Vietnam has become a manufacturing “powerhouse” for US brands and China was planning on backdoor activities through Vietnam in order to access US consumers. Tariffs on Vietnam will certainly curtail Chinese earnings in this situation.

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  5. Paul Emery Avatar
    Paul Emery

    George
    How do you propose we tend to the health care and food needs of those who will be cut off as a result of the budget cuts? That’s a very reasonable question due to the inevitable situation that will occur.

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  6. gjrebane Avatar

    PaulE 715am – Our healthcare and food needs programs were legislated for a cohort whose legitimate membership was defined in the law. The new law does not deny a single legitimate person such benefits. Contrary to lamestream lies, these programs are not cut but continue to enjoy increased funding under the new law. It is the illegals and scam artists for whom these entitlements were never meant whose benefits are being eliminated. I personally don’t feel obligated to provide for every illegal and/or ineligible person who managed to get on these welfare bandwagons. Those who do support the ‘y’all come’ policies are simply ignorant of the impact such people have on our future wellbeing, or are leftwingers in the anti-American business. In bygone days charities provided for the indigent not on the government tit.

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  7. Paul Emery Avatar
    Paul Emery

    So George
    What you are saying is that millions of human beings will be losing their medical assistance=probably 12 million . How about those with ongoing medical issues? How will they receive assistance or will they be left to die on the streets ? The bottom line is that millions of human beings that live in this country will be without healthcare and this includes children.

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  8. gjrebane Avatar

    PaulE 1222pm – My solution as in my 1015am is that charities assume their historical role in caring for the uncared who are legally in the country. The rest get sent home or naturalized over time. But you behave as if you have had the obvious solution all along. Please share it with us if it is anything other than continuing the unsustainable same ol’ same ol’, else you have nothing to add to this conversation.

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  9. Gregory Avatar
    Gregory

    Punch, MD’s will not be barred from giving care.

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  10. The Estonian Fox Avatar
    The Estonian Fox

    Paul Emery @ 12:22 PM
    Yes Paul, within 6 months, you should expect to see 12 million unfortunate able-bodied folks lying dead on the streets. Most of them will be in the big, liberal, cities. So get your soup kitchen going to save them all. You are more than welcome to use your own cash – show how charitable you can be. You might get the Nobel Peace Prize for your work – though you’ll have to fight that darn Tangerine Tornado for the Peace Prize.

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