something something trickle down and bootstraps? |
Your weekly reminder than economic inequality caused the great depression. |
Red White and BlUE land |
Good luck getting a small business loan you dumb f*** |
Does your fiscal house include tax cuts 🤔 |
Inflation up - Check
unemployment up - check stock market stagnant - check Medical research defunded - check Avian flu rampant - check. Looking good guys. |
I thought we were all in for some pain or is it just everyone who's actually in their prime earning years and then we'll have no social security or Medicare because the programs have been dissolved. But don't worry the voters who voted for the Congress that made all these programs and didn't trim the budget since Clinton and voted Trump in and every other Republican who's driven the deficit up they get to live it up. |
I don't think the cuts will come from spending more on SpaceX. I don't care about Space. Nothing they've done has lowered grocery prices. Gas is still more expensive now than before. My taxes won't go down due to these cuts. Meanwhile Elon will become richer. How is this benefiting us? |
Trump tax cuts will add to 46 trillion deficit. https://www.budget.senate.gov/chairman/newsroom/press/extending-trump-tax-cuts-would-add-46-trillion-to-the-deficit-cbo-finds |
Shut down March 14
Collapse then The dollar is no longer FDIC is going away Yes they can yes they will |
Musk has no plans to rebuild nor does Donnie boy |
DOGE is just theater - just a way for Musk and the billionaires to destroy the federal government.
It was never about reducing the deficit. Look at the House budget resolution the GOP is offering - a $4 TRILLION increase in debt limit. Tax cuts would cost $4.5T over 10 years. https://docs.house.gov/meetings/BU/BU00/20250213/117894/BILLS-119NAih.pdf |
+1 to all of this. Study and be thoughtful about what you cut. |
THIS. |
They are cutting funding to various federal agencies and contracting companies, universities, health care providers, etc. are making layoffs and reducing purchasing correspondingly. Other countries are cutting imports and travel to the US, affecting exporters and tourism. Cuts in federal funding to states will affect state spending and local jobs. Eventually things trickle down as all of the jobs and industries directly affected by federal spending contract and those people spend less on local goods and services. This doesn't take years, this could take three to six months. |