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57
Trump's decisions will cost lives as he walks away from responsibility
Yes. Look at all the fraud that Musk and his team haven't found. It's astonishing! -
57
Trump's decisions will cost lives as he walks away from responsibility
I guess we'll know soon enough. But only a moron or a greedy so-an-so would think that cutting tax enforcement would result in savings. Taxes are how government gets its money -
214
America has emerged....as an international laughingstock
You’re the arrogant foolish speaking Clown. Life is bubbling in the USA now his rating zooming up. Gas prices down businesses coming back foreign investors piling in. You couldn’t be more wrong and speaking like a man of great prejudice is obvious. Don’t know where you’re from but obviously not the USA. Old say “better to silent and thought a fool than to open your mouth and remove all doubt.” -
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Conservative economist reveals 6 reasons Trump’s policies don’t work
Jessica Riedl, a senior fellow at the arch-conservative Manhattan Institute, has pointed out six ways Trump's policies are self-contradictory and doomed to fail. 'Fiscal nonsense': Conservative economist reveals 6 reasons Trump’s policies don’t work Here is my summary: 1. Trump is creating uncertainty Flipflopping on tariff rates reveals their sense of being temporary measures. This is no way to attract permanent investment, for businesses abhor uncertainty. 2. Contradiction between tariffs, economic activity and efficiency As tariffs increase, along with revenue from tariffs, import demand reduces, slowing down economic growth. The less competitive a market, the less efficient and less inclination to reduce prices for consumers. 3. Cuts to popular programmes inevitable if the elimination of the federal deficit is to be realised Trump will be unable to reduce the federal deficit whilst also safeguarding programmes such as Medicaid, Medicare, veterans' benefits and Social Security. This is because mandatory spending programmes take up 75% of the budget whilst Trump aims to reduce the federal budget by 27% ( essential if the aim is to remove the $1.87 trillion federal deficit). 4. Illogical Maths It would be impossible for Trump to eradicate the budget deficit whilst also extending his 2017 tax cut package as the latter would lead to a sharp fall in tax revenue. 5. DOGE - the cure is worse than the disease Ironically, DOGE's work will probably increase the federal deficit rather than reduce it due to the dismissal of IRS workers employed to collect tax revenue. 6. Contradiction between support for policies that increase national debt whilst simultaneously trying to reduce it It's impossible to ignore the cost on the national debt of extending Trump's tax cuts, approximately $4.6 trillion over 10 years. -
62
BREAKING NEWS Carney WINS Canadian Elections
It was a question, what's the policy going forward. I hear he's the liberal candidate and those are the major ideas floating around are they not? -
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BREAKING NEWS Carney WINS Canadian Elections
The trouble with that, unfortunately, is a near universal economic phenomenon called gravity. Basically, there is a positive correlation between how close countries are and how much they trade with each other. Now what Mexicans have said seems also to have come true for Canada. Here is the slightly revised version: Poor Canada, so far from God, so close to the United States.
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