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Another No-Bid Contract to Gild Horses on DC Bridge

durangodawood

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Is that due to what's being done for the sesquicentennial? Because those are the peanuts I was referring to.
You compared this party prep waste to the entire Biden fiscal situation. So its reasonable to bring up the overall Trump fiscal situation - which is even worse!
 
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Servus

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What has become of all the obscure waste that was allegedly exposed? There would be room for the peanuts.

But instead, for some obscure reason, the deficit is still going up.
Not due to what's being done for the sesquicentennial.
 
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Servus

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You compared this party prep waste to the entire Biden fiscal situation. So its reasonable to bring up the overall Trump fiscal situation - which is even worse!
Since I'm not an economist I resorted to asking my buddy AI about that.

Why is the deficit still going up?

The federal budget deficit keeps growing due to a permanent structural mismatch—the government legally spends far more than it collects in taxes.

Four main drivers are pushing the numbers higher:
  • Skyrocketing Interest Costs: Because the national debt is so massive and interest rates remain elevated, the government is spending hundreds of billions of dollars just to pay interest to investors.
  • An Aging Population: Roughly 10,000 Baby Boomers retire every day. This creates automatic, legally mandated increases in spending for Social Security and Medicare.
  • Rising Healthcare Costs: The per-person cost of providing medical care via Medicare and Medicaid continues to climb faster than the overall economy is growing.
  • Tax Code Limits: The current U.S. tax system is simply not designed to bring in enough revenue to match federal spending commitments. Recent policies like the One Big Beautiful Bill Act tax cuts have further widened this gap, though some of it is being partially offset by a large surge in tariff revenue.
 
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Pommer

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Since I'm not an economist I resorted to asking my buddy AI about that.

Why is the deficit still going up?

The federal budget deficit keeps growing due to a permanent structural mismatch—the government legally spends far more than it collects in taxes.

Four main drivers are pushing the numbers higher:
  • Skyrocketing Interest Costs: Because the national debt is so massive and interest rates remain elevated, the government is spending hundreds of billions of dollars just to pay interest to investors.
  • An Aging Population: Roughly 10,000 Baby Boomers retire every day. This creates automatic, legally mandated increases in spending for Social Security and Medicare.
  • Rising Healthcare Costs: The per-person cost of providing medical care via Medicare and Medicaid continues to climb faster than the overall economy is growing.
  • Tax Code Limits: The current U.S. tax system is simply not designed to bring in enough revenue to match federal spending commitments. Recent policies like the One Big Beautiful Bill Act tax cuts have further widened this gap, though some of it is being partially offset by a large surge in tariff revenue.
Capitalism is failing?
Whhhaaat?
 
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essentialsaltes

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Capitalism is failing?
Whhhaaat?
More about politics than capitalism, I think. Democrats are vilified (for some reason) as 'tax and spend'; well, it's a lot better than 'spend and spend', which is what MAGA is doing: lowering tax revenues while increasing spending. That makes deficits worse.
 
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essentialsaltes

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1781292769944.png
 
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prodromos

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Technically, some things needed repair.

The problem isn't that things were done, but that they were done in a slapdash manner, giving out no-bid contracts to cronies at the last minute with a 20% markup which is not standard. The problem is that planning for the 250th anniversary has been ongoing since 2014, but Donald, in his infinite whimsy, decided to take over and make new plans.

Flag Day is not typically celebrated much, but because it coincides with Donald's Big Birthday, he decided that that is a day of peak celebration for his alternative Freedom 250 - while Americans celebrate America 250 on July 4th.
How many gilding companies exist with the expertise required for large monuments? What evidence do you have that they are 'cronies'?
How many of you are complaining about the amount of money wasted by Obama on the reflecting pool which didn't fix the leaks and ended up looking far worse? Hey, but at least there was bidding for the contract.
 
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DaisyDay

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How many gilding companies exist with the expertise required for large monuments?
I don't know. How many?
What evidence do you have that they are 'cronies'?
They got a no-bid contract contrary to laws and regulations. Getting the bridge horses gilded is not an emergency.
How many of you are complaining about the amount of money wasted by Obama on the reflecting pool which didn't fix the leaks and ended up looking far worse?
I don't know much about this other, unrelated to gilding horses, thing that took place umpteen years ago. Maybe ask in the reflecting pool thread instead of this one? Unless your entire point is rhetorical deflection and blame shifting, this is off-topic.
Hey, but at least there was bidding for the contract.
That's right, Obama followed the law, observed norms and obeyed regulations while Donald does what Donald wants, law be damned.
 
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prodromos

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I don't know. How many?
There appear to be three, and The Gilder's Studio is based in Maryland
They got a no-bid contract contrary to laws and regulations. Getting the bridge horses gilded is not an emergency.
That isn't evidence they are cronies.
Your nation's capital has been allowed to get run down and look like a dump instead of the national treasure it ought to be. I can't fault President Trump for wanting to make the nation's capital something Americans can feel proud of for the country's anniversary and beyond. The thicker gilding is set to last for a long time.
I don't know much about this other, unrelated to gilding horses, thing that took place umpteen years ago. Maybe ask in the reflecting pool thread instead of this one? Unless your entire point is rhetorical deflection and blame shifting, this is off-topic.
A large amount of money was spent only for it to end up looking worse. Rather than appreciating what President Trump is getting done, I just see people who are only out to find fault because, "orange man bad".
That's right, Obama followed the law, observed norms and obeyed regulations while Donald does what Donald wants, law be damned.
So millions wasted is OK because Obama dotted his i's and crossed his t's. Cool.
 
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A2SG

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