not bloated… just unfunded since tax cuts reducing revenue keep getting passed. Can’t cut revenue and then cry that deficit spending is an issue.
y’all can’t sit up here and just blatantly lie. Government spending as a % of GDP has remained relatively stable since the 50s. 25% is not “way above historical norms”.
You are conflating the 80s and what is happening now. GDP spending on goverment services has remained steady, you can see the proof in the data.
But let me guess you believe tariffs are not an import tax and it is not ultimately paid for by the consumer in higher prices.
Oh and when businesses are threatened by the government that they will be punished if they pass on price increases to consumers it sounds a bit like, communism.
You do realize the big beautiful bill adds to the deficit ?
Or does the media you consume gloss over that aspect ?
This adding to deficit was the reason Musk broke with him.
Musk lobbied hard against the bill, arguing it adds too much to America’s debt and undermines a great deal of the cost-saving initiatives he set out to achieve with his Department of Government.
Source CNN 7/7/2025
And more great news the May and June jobs report was revised:
May revised down by -125,000, from +144,000 to +19,000,
June revised down by -133,000, from +147,000 to +14,000
Or was that his vocal reason when really he was mad about the ev credits going away? I don’t know the answer, I’d bet its some of both.
fiscal hawkism is dead. they have lost all credibility.
I don’t know either. Musk is prone to making contradictory statements. Before
he was publicly stating he did not need them.
It wasn’t long ago that Tesla CEO Elon Musk was advocating for ending the $7,500 tax credit for buyers of electric vehicles.
“Take away the subsidies. It will only help Tesla,” he said in a post on his social media platform X last year, adding “Also remove the subsidies from all
Yea, hard to tell when he’s just talking tough or not.
Why is it so hard to understand that the importer pays the tariff not the exporter?
Can anyone point to an instance where the exporter either lowered the price or paid the tariff?
…
Legally,
the importing company is responsible for paying tariffs when goods enter the country.
However, the ultimate economic burden of these tariffs can be distributed among several parties:
Therefore, while the importer is the entity directly paying the tariff to the government, the final cost of the tariff can be borne by the importer, foreign exporter, or the consumer, or some combination of these, according to the New York Times.
I just took delivery of a Mustang that was built in Dearborn. The Mustang Mach E (not a real Mustang) is built in Mexico.
Good summation, with emphasis on combination of these. People choose among all competitive product options and buy what they want. Companies find ways to compete and attract a market and the government uses tools to protect their nation’s economy (companies and labor). What no one wants is monopoly.
But someone in the US will want and buy this model mustang. Hope you enjoy your mustang, they are a fun ride.
Wonder who’s gonna get fired for that
Does that data includes Immigrants?
You mean illegal immigrants? Or all immigrants? I assume legal immigrants participate in statistic surveys, whereas illegals probably want to stay on the down low.
I was referring to this from last month
Historically speaking current mortgage rates are not bad and not real the reason for home price increases. We’re basically at the same point as 2003-2008, which was lower than during the really good economy of the mid-late 90s
Increase costs due to shortages started it. Excess tariffs on wood (even pre Donny) and other items continues to contribute. Also, a shift in demand, increasing, due to population dynamics.
We need to increase supply and lower cost of materials. We’re making labor and material cost higher instead.
Well, it lookslile the Labor and Statistics Commissioner is going to be fired now.
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