Yes. Trump’s tariff tax on Americans has raised revenue for the Treasury. It’s working out well for Trump and his cronies who are stealing it all. It’s expensive for the rest of us though. |
Estimated FY2026 tariff revenue: $207 billion. Estimated FY2026 individual income tax revenue: $2.6 trillion All the tariffs are are a regressive tax on working class Americans. so, yay for the $33 billion in revenue. what you are saying is almost 2 months of tariff revenue is going to Argentina without an gap filling on our national debt. How is that a win? |
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More good news from the 'failing economy'....
American shoppers spent a RECORD $11.8 billion online on Black Friday, up +9.1% from last year. Adobe Analytics, which tracks over 1 trillion US retail site visits, expects shoppers to spend $5.5 billion on Saturday and $5.9 billion on Sunday, up 3.8% and 5.4%. |
I must admit, I am surprised by those numbers. That’s a lot of spending going on. |
It takes more to get less these days. |
is that raw dollars or inflation adjusted? kinda makes a difference, no? |
+1 people are paying more today for goods and services. We've now become accustomed to it during covid, and those high prices have stayed, including due to Trump's tariffs. |
https://finance.yahoo.com/news/north-carolina-man-voted-trump-131500350.html Those people certainly aren't going binge shopping. |
| Are people so programmed to root against Trump that they’ll go out of their way to downplay positive news? |
Are people so ingrained in a cult that they cannot look critically at information to understand the actual state of our economy? |
| Are Black Friday sals up because economy is good or because people were more eager for sales? With my spouse laid off, we sought out bigger price cuts for things we would normally wait on, like the next size up on sneakers for both my kids |
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DOGE’s mass federal workforce cuts may cost taxpayers $135 billion this fiscal year alone.
https://fortune.com/article/doge-mass-federal-workforce-cuts-taxpayers-billions/ |
If sales are up 9.1% and inflation is at 3% what critical thinking am I missing? |