Reply to Republicans are increasingly anxious about a midterms wipeout

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Good, I hope we mop the floor with them. [/quote]

It’s not going well. Despite all the bluster from MAGA posters, the negative effects of Trump’s destruction of the federal government and our economy is starting to be felt. It’s only going to get worse as more people are told that the program or contract they relied on has been cut. Remember many thought it would be similar to Trump’s first term. The GOP will pay the price. As it should. As the governing party. [/quote]

Interest rates, mortgage rates are coming down.  .62% drop in ten year yield.

Already the government is paying over a trillion dollars a year in interest.  If rates hit 6% this will be over two trillion dollars a year on a debt that would be increasing by even more than that.
The current paid rate is around 3% and will increase as debt rolls over.  Getting rates from 4.79 to 4.17 is significant, and even more significant if it goes down to 3%, and thus stops the increase in interest payments.[/quote]

Numbers are a variable science. Emotions are a fixed science. [/quote]

Nope.  Emotions are fickle, not fixed.

The alternative to the current situation [b]would be a President Harris who would continue to borrow money until the U.S. couldn't afford to pay it back. [/b] The midterms are 1.5 years from now, and we're already seeing both sides capitulate a bit.  Ontario has indicated it would lift its tariffs if the U.S. did the same, Israel has already lifted them, other countries are following suit.  President Trump indicated he would be willing to negotiate on tariffs, now that he has the world's attention.  Likewise, the stock market has experienced a well-needed pullback after being overvalued based on historical metrics.[/quote]

Narrator: the rate of government spending has accelerated under Trump.[/quote]

Cite?  Seems like President Trump is trying to CUT government spending, but for some reason, Democrats won't allow this?[/quote]
I put this in the economy thread a week ago. “Seems” is doing a lot of work in your sentence, and indeed in everything that Trump does.

[twitter]https://x.com/spencerhakimian/status/1906150441819251120?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote]That would be the CR under Biden, followed by the current CR which was largely a continuation of Biden's CR, plus some DOGE cuts.  The 2nd quarter would have some more DOGE cuts, plus possibly a rescission package cut from the CR.[/quote]

Hey—- good effort trying to blame the spending in the current CR on Biden. Rs control the House and Senate. They chose to continue Biden’s budget with a CR and not pass their budget this year.  If they were competent or able to govern, they would passed their own budget and not done the CR. [/quote]

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