Boo Hoo
We can’t steal taxpayers money anymore ! We like 37 trillion in debt and the world’s exponentially largest deficit and trade deficit. It’s great to have a basket case of an economy but have everybody working in finance, law and government and have zero essential skills |
Totally! |
Why??? |
You have more to lose. You just don't realize it. |
If the deficit is an issue why are they adding to it? Can you not do simple math? I’d say computation is an essential skill. This has nothing to do with the deficit. |
to lower interest rates |
Their goal is to cut 1 trillion per year in spending. Ukraine is 300 billion alone. From the squealing in DC you can tell it’s happening . |
So that the tech oligarchs can realize their vision of a dystopian society. |
Their own plans raise the deficit significantly. You guys are delusional. They are giving huge tax breaks to billionaires while making the American public "squeal" by cutting services. Kill medical research, schools, and national parks, but give all that money to Elon Musk. |
Extending the tax cuts are $4.7 trillion so the debt is going up, way up. Doge is using the national debt as cover, because they know the masses won’t read beyond the headlines. The problem is the tax cuts won’t juice the economy like ‘17 because most of the cuts are just an extension of the benefits businesses and consumers already have. |
This. They couldn’t have come to power without those guys funding it, and in return, they are offering lots of assets in what will be a fire sale. Plus undoing all the regulations and constraints that get in their way. |
The stupidity burns. Biden did more for manufacturing jobs than any president since WWII while Trump is trying to cancel the Chips act and will probably kill the auto industry and end the use of the dollar as reserve currency. Meanwhile Republicans are trying to double the national debt with tax cuts. I mean Steve Doocy of Fox asked the WH press secretary if she was sure no one in the White House was shorting the Dow. And just watch the economics reporter describe the insanity of what Trump is doing— https://bsky.app/profile/briantylercohen.bsky.social/post/3lk5magb7vk2f |
So short version, what is the strategy for those of us working stiffs with our life savings in a 401k? A month ago thank Goodness I moved to a more conservative portfolio but still losing some value each week. Just moved to my 401k's "interest protected" fund. This is all I have in the world now that Elon is talking about getting rid of SS and never mind the value of my DC area home ![]() |
Russian bot says what? |
Musk wants to privatize *everything* - as someone who helped to privatize a lot of things around the world in the 1990s, I can tell you privatization is not a panacea and if anything, makes a lot of services more expensive for less value. |