Markets have not yet factored in the impact of mass cuts in government spending, ‘The Big Short’ investor Danny Moses said. He told Fortune the Department of Government Efficiency’s cuts have jeopardized private contractors, small businesses, and the labor market. “It's not as simple as just, ‘We think there's fraud, let's cut waste, let's cut expenses,’” he said.
Fucking MAGAts will be blaming Hunter Biden when the economy blows up in their faces
- Thread starter LotusBud
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Good. The markets will adjust and former government parasites will all die in ditches of starvation. It's a win/win for America.
You're a fucking moron.
Now Republicans are grappling with the political danger DOGE poses heading into the midterms — especially amid fears that many of the people impacted come from areas that voted for Trump.
“There’s gonna be real job losses that we’re not measuring yet, but we’re going to in the coming weeks and months,” Republican strategist Doug Heye said of the DOGE cuts. “And where that has an impact, especially in specific communities … that makes their life harder for the reliable voter, typically, for Trump. That kind of slow burn, I think, could have an impact.”
House and Senate are going to go Blue in the midterms, because the damage is going to be extensive.
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That's possible. Voters are fickle. That's sorta why Trump is in such a hurry with all this.
But I'll ask you what Admin ran away from: What is your solution to the spending death spiral we are in now?
What is your solution to a $36 Trillion dollar debt and a $1.7 Trillion dollar spending deficit so far this year?
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Huh. She ran away from it, too. Go figure.
It's certainly not your solution, which is voting for people who are going to give tax cuts to the wealthiest people. HOW does thst hep the spending deficit?
PS, that exact question has been answered by me repeatedly in these boards. All of the boards I have ever seen you on, Enragey. But you ask it again, because you have never paid attention to any of the 50 times I have answered it before.
See my post above, dickjaw.
PS, having a life and living it is not "running away."
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Sorry, Lotus. But repeating your mantra of "tax cuts for billionaires" doesn't answer the question of how we get federal spending under control.
Love him or hate him (and we know how much you hate him) Trump is the only President in my lifetime who is actually trying to fix this problem of overspending and massive debt.
The Democrat/Leftist model of just printing more money and spending even more doesn't seem to work.
Lily
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Shocking!!!!!
If you think firing working people will get spending under control, well, you're as stupid as I already know you are.
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"working people?" Save the dialectics for someone who will be impressed with your Marxist jargon. We're talking about employees being laid off because they can't be afforded anymore.
Happens all the time in the private sector when private enterprises have revenue issues. And guess what? When these private enterprises lay off "workers" it usually fixes the revenue issues and the private enterprises become profitable again.
Oh wait! I used the word "profit" and I know how you've been conditioned to consider that an obscene word, so to forestall you coming back and saying "government isn't about making profits," let's just say "fixes the revenue issues" and leave it at that.
Did you actually read the article? Wait, can you actually read?
Wow. You have been deeply duped, you sock puppet.
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I can always tell when you're stumped and have no rejoinder to a debate point that won't make you look even more stupid and wrong.
Enragey, I am not stumped. I have been schooling you for decades now, and you never learn. I know when an old dog can't learn new tricks. You be fucking stupid.
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Yes, stumped. You can't seem to grasp the simple concept that you have to fix a spending deficit issue by spending less. Some ways to spend less is to lay off extraneous and non-essential employees and cancel programs and contracts that are also extraneous and non-essential.
This concept is so simple that even an old dog can figure it out Your old bitch solution would be to "tax the rich" and take out more credit cards.
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