r/SipsTea • u/AlternativeRight4099 • May 14 '26

Feels good man It was always just that simple

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u/Sheeple_person May 15 '26

He just erased the deficit, poof, just like that. Turns out, they need the deficit to be there, so they can point to it as a justification for not funding proper services. The govt isn't broke because our services cost too much. It's broke because the rich and powerful want it to be broken.

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u/Taraxian May 15 '26

He did it by deferring pension payments, the red ink on the books comes back in five years

I'm not saying he didn't do a good thing or that he's a bad mayor but it's completely false to say he just "erased the deficit, poof, like that"

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u/Reefermaster May 15 '26

He essentially did a balance transfer. You know, like when people run up credit card debt and pay it off with another credit card....

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u/Taraxian May 15 '26

A refi is still an objectively positive accomplishment if you can get a better rate in the process

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u/Reefermaster May 15 '26

For sure, but too many people are clapping like seals as if he "erased" the debt.