"Unable to cover its tax cuts with additional revenue, the government continues to plunge further into debt. The budget deficit ballooned 20% year-over-year in July alone, according to the Treasury Department."
https://www.msn.com/en-us/money/markets/trump-s-economy-hasn-t-blown-up-under-tariffs-as-many-predicted-is-he-really-proving-the-naysayers-wrong/ar-AA1L4HsF?ocid=hpmsn&cvid=719f8166603e47df9a458ed6347fe054&ei=20
Ouch. But hardly a surprise.
@no1marauder saidWell, just fire everybody at the IRS. That'll save a bundle, and nobody likes to get letters or visits from them anyway.
"Unable to cover its tax cuts with additional revenue, the government continues to plunge further into debt. The budget deficit ballooned 20% year-over-year in July alone, according to the Treasury Department."
https://www.msn.com/en-us/money/markets/trump-s-economy-hasn-t-blown-up-under-tariffs-as-many-predicted-is-he-really-proving-the-naysayers-wrong/ar-AA1L4HsF?ocid=hpmsn&cvid=719f8166603e47df9a458ed6347fe054&ei=20
Ouch. But hardly a surprise.
😆
@no1marauder saidWhat is this????
"Unable to cover its tax cuts with additional revenue, the government continues to plunge further into debt. The budget deficit ballooned 20% year-over-year in July alone, according to the Treasury Department."
https://www.msn.com/en-us/money/markets/trump-s-economy-hasn-t-blown-up-under-tariffs-as-many-predicted-is-he-really-proving-the-naysayers-wrong/ar-AA1L4HsF?ocid=hpmsn&cvid=719f8166603e47df9a458ed6347fe054&ei=20
Ouch. But hardly a surprise.
https://www.heritage.org/debt/commentary/the-lefts-7-trillion-lie-biden-far-outpaces-trump-racking-the-national-debt
@no1marauder saidBut at least we have more billionaires now! I hear the first one to a trillion wins!
"Unable to cover its tax cuts with additional revenue, the government continues to plunge further into debt. The budget deficit ballooned 20% year-over-year in July alone, according to the Treasury Department."
https://www.msn.com/en-us/money/markets/trump-s-economy-hasn-t-blown-up-under-tariffs-as-many-predicted-is-he-really-proving-the-naysayers-wrong/ar-AA1L4HsF?ocid=hpmsn&cvid=719f8166603e47df9a458ed6347fe054&ei=20
Ouch. But hardly a surprise.
@AverageJoe1 saidThat is an article that is more than a year old.
What is this????
https://www.heritage.org/debt/commentary/the-lefts-7-trillion-lie-biden-far-outpaces-trump-racking-the-national-debt
@AThousandYoung saidIt took me 3 seconds to find this, there are hundreds of them, sorry I didint check date, but what dif would it make.. This one is about comparing Trump 45 to Biden 46, dated in year 2024. 4 years each. Trump wins. And do I have to tell you how successful the last 7 months have been? Trump wins big.
That is an article that is more than a year old.
Give it up.
https://www.heritage.org/debt/commentary/trumps-record-far-superior-bidens-debt-and-inflation
@AverageJoe1 saidIf Trump has had such a successful 7 months then why do you keep putting up articles from before the last 7 months?
It took me 3 seconds to find this, there are hundreds of them, sorry I didint check date, but what dif would it make.. This one is about comparing Trump 45 to Biden 46, dated in year 2024. 4 years each. Trump wins. And do I have to tell you how successful the last 7 months have been? Trump wins big.
Give it up.
https://www.heritage.org/debt/commentary/trumps-record-far-superior-bidens-debt-and-inflation
@AThousandYoung saidThat is a very good question. I’m not very adept at Internet research like you and sun house and the crowd, so I did not dig real deep checking dates against dates against dates and such as that, which you all do while I am playing golf.
If Trump has had such a successful 7 months then why do you keep putting up articles from before the last 7 months?
But certainly, you will agree. My point was made, that in the big picture Trump kicked ass compared to his first term and Biden‘s only term. Now I will not belabor about 1000 words that I could write about how wonderful Trump has done for our country.
. I have an idea, why don’t you look it up yourself, I am going to play golf. Trump has me making money in my sleep so I don’t have to look up anything!!!! It’s not too late to catch the interest rate drop as Trump beats powell into submission
@AverageJoe1 saidAs I have said many times before,
Trump has me making money in my sleep so I don’t have to look up anything!!!! It’s not too late to catch the interest rate drop as Trump beats powell into submission
Capitalism is where rich people get paid for not working.
Why do we let them get away with calling themselves "productive" and "hard working"?!
@AThousandYoung saidYour statement that they get paid without working absolutely makes no sense if you dissect it. First rich people are not getting paid. Employees get paid.
As I have said many times before,
Capitalism is where rich people get paid for not working.
Why do we let them get away with calling themselves "productive" and "hard working"?!
People that are rich 95% of the time took a risk. I took a risk and bought Nvidia a while back and it is doubled since I’ve bought it. I could’ve lost it all. I took a risk while you reworked your internet.
Everybody in the world, Rich, or poor, are always curious why people like you have a problem that someone can get rich. People like marauder think that if someone gets rich, he has to share all of his Rich with everybody else. I am not being funny, think about it, I am correct about this.
95% of time the rich people got rich by being productive, which means they created jobs. And so on and so on. so what do you think should be done about Jeff Bezos?!???
@AverageJoe1 saidRisk is riskier when you're poor.
Your statement that they get paid without working absolutely makes no sense if you dissect it. First rich people are not getting paid. Employees get paid.
People that are rich 95% of the time took a risk. I took a risk and bought Nvidia a while back and it is doubled since I’ve bought it. I could’ve lost it all. I took a risk while you reworked your internet.
Eve ...[text shortened]... they created jobs. And so on and so on. so what do you think should be done about Jeff Bezos?!???
@wildgrass saidSome 'poor' people borrow money to go to college. It is a risk. Do you not understand risk?
Risk is riskier when you're poor.
Do some of them end up as rich as Creasus??
Poor people buying a lottery ticket are taking a risk.
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@AverageJoe1 saidJust compare the difference between the risk someone takes buying a home with high interest rates and prices, vs the investment firm who buys it but already has 45,000 of them and rents them out.
Some 'poor' people borrow money to go to college. It is a risk. Do you not understand risk?
Do some of them end up as rich as Creasus??
Poor people buying a lottery ticket are taking a risk.
Poor is riskier.
@wildgrass saidBut the two transactions are not connected. A farmer in Idaho buys land next to a r/r track and risks his chickens awake all night. A farmer pays more money for similar acreage in a peaceful valley , but gets a lot of eggs,
Just compare the difference between the risk someone takes buying a home with high interest rates and prices, vs the investment firm who buys it but already has 45,000 of them and rents them out.
Poor is riskier.
Sorry I do not get your analogy. Do apples and apples. Or are you suggesting that “something should be done “ to equal out their status? What are you saying.
A trustafarian (kid that inherits wealth) can buy a yacht, an average kid can buy a row boat . They are not connected. Life ain’t fair, of course, but what is your point?