Tag: Government spending
Wisdom Comes at a Price…
Mr Trump watched the stock market sink; the Dow dropped as much as 648 points intra-day. He fully intends to blame the next downturn on the Fed.
Are We Finally Beaten?
The Fed is ready to cut rates again — just like it was 2008. Republicans and Democrats are ready to spend, spend, spend…just as if they didn’t already have a trillion-dollar deficit…
The Wall Gave Way, and We Fell…
The tax cut didn’t really cut the cost of government. It simply shifted it to debt…and onto the public and into the future. And now the future is coming into view.
The Financialisation of the American Economy
Over the last 10 years, for every stock bought — in net terms — by the public, the corporations themselves bought nearly 50 of them.
Uncle Sam Takes More Than Taxes From the Middle Class
The Trump tax cut was no real cut at all. The average person will save less than 2% on his tax bill. But his real cost of government went up — 10 times as fast.
What America’s Elite Have Planned for Your Money
The ‘stimulus’ programme is a wealth transfer scheme pretending to be economic policy. The Deep State, Washington, Wall Street, and The Swamp all benefit from it.
Trump and AOC Actually Agree on Something…
The Fed put in $3.6 trillion of fake new money. And the federal government ran some $11 trillion in deficits. Result: The greatest stimulus of all time produced the weakest recovery on record.
So Much for the ‘Trump Boom’…
Both Republicans and Democrats now put their faith in stimulus. The Republicans aim to stimulate the economy with tax cuts. The Democrats look to bigger deficits.
A Message from the Future: Thanks a Lot…You Jerks
You ran up $22 trillion in debt by 2019. Who did you think was going to pay that? Not you. Donald Trump was already 72. And the average baby boomer was in his 60s, getting ready for retirement.
Conversations with a Ghost
You’ve got a debt of $22 trillion that you can’t possibly pay. I see you’re spending 38% of GDP, but you’re only collecting about 17% of GDP in taxes.
Behind the Mueller Distraction…a Hellish Catastrophe
When a recession comes, annual borrowing will soar to $2 trillion, probably sending total government debt to $40 trillion by 2030.
Three Reasons Why America Can’t Get a Grip
Show us the politician who wins the White House by promising to cut the voters’ benefits, raise their taxes, and end military boondoggles all over the planet? He doesn’t exist.
The Only Way to Drain The Swamp…
The present administration is adding to the federal debt at the rate of about $3 billion per day. Trump’s budget proposal pretends that his extra debt is nothing to worry about.
How the Feds Socialised American Capitalism
Already, America’s medical system — 17% of the economy — is largely socialised. So is the education system — another 7.3%. And don’t forget Social Security.
‘The Horse Fell Over on Him…’
Yes, there is an ‘us versus them’ that is real. But it’s got nothing to do with Republicans – Democrats, Black – White, Protestant – Catholic, US – Mexico.