Is this time different?

[Aloha_Shooter]

Past government shutdowns have been manipulated and leveraged by Democrats for political gain and to actually grow the size of government. Most of the time, they were able to manipulate it because it was Republicans in Congress versus a Democrat administration that handled the shutdown in ways to maximize pain on the American public instead of applying the cuts responsibly for minimized effect.

This time, Trump is threatening to use any failures to budget and fund government operations as a way to shut down any programs that are not absolutely required by law and that conflict with the policies he's set forth. I suspect there will be some collateral damage no matter what but this is a golden opportunity to cut off massive hunks of fat in federal expenditures that he could never get past Congress in budget proposals.

Time will tell if he's serious about mass firings or if the Democrats decide they don't want to take the chance he's not bluffing but I'm digging out the popcorn to watch this.

[Clint45]

Our economy and the value of the USD "is but a fable agreed upon."

The United States has been close to bankruptcy for awhile, but if our economy collapses other economies around the globe will rapidly fall like dominos.

Trump is actually cutting costs and eliminating fraud and waste... whereas Biden was "throwing gold bars off the Titanic."

Feel free to dispute this with links from "a credible source" because those numbers do not reflect multiple metrics. Anyhow, they seem to be keeping things together for now, but expect a transition to a digital currency soon.

[FoxtArt]

Our economy and the value of the USD "is but a fable agreed upon."

The United States has been close to bankruptcy for awhile, but if our economy collapses other economies around the globe will rapidly fall like dominos.

Trump is actually cutting costs and eliminating fraud and waste... whereas Biden was "throwing gold bars off the Titanic."

Feel free to dispute this with links from "a credible source" because those numbers do not reflect multiple metrics. Anyhow, they seem to be keeping things together for now, but expect a transition to a digital currency soon.

Math isn't political.

https://www.brookings.edu/articles/t...-in-real-time/

https://bipartisanpolicy.org/report/deficit-tracker/

https://fiscaldata.treasury.gov/amer...eral-spending/

Compared to the federal spending of $6.29 trillion for the same period last year (Oct 2023 - Aug 2024) our federal spending has increased by $376 billion.

https://www.investopedia.com/us-debt...entage-7371225

Trump has no interest in cutting the deficit, he's had plenty of opportunity. He does have interest in making you think he is.

He does have interest in cutting funding for things he doesn't like, especially vindictively, while greatly expanding spending for things he does. Don't confuse that for him "helping" the common American or reducing the deficit (which he has never done). All of your expenses will continue to inflate.

[D_F]

Math isn't political? LOL good one!

[exxonv]

Math isn't political.

https://www.brookings.edu/articles/t...-in-real-time/

https://bipartisanpolicy.org/report/deficit-tracker/

https://fiscaldata.treasury.gov/amer...eral-spending/


https://www.investopedia.com/us-debt...entage-7371225

Trump has no interest in cutting the deficit, he's had plenty of opportunity. He does have interest in making you think he is.

He does have interest in cutting funding for things he doesn't like, especially vindictively, while greatly expanding spending for things he does. Don't confuse that for him "helping" the common American or reducing the deficit (which he has never done). All of your expenses will continue to inflate.

It's been 8 months for this term, time isn't political. For the first term, I'm sure COVID has nothing to do with it...

No, President Trump isn't typical, yes, he says and does plenty that gets on my nerves. To me, he's doing what I'd hoped thus far, and that's far more than what Brandon did before him, and not nearly as destructive as Obama was to our nation (again, my opinion).

[Oscar77]

Math isn't political.

https://www.brookings.edu/articles/t...-in-real-time/

https://bipartisanpolicy.org/report/deficit-tracker/

https://fiscaldata.treasury.gov/amer...eral-spending/


https://www.investopedia.com/us-debt...entage-7371225

Trump has no interest in cutting the deficit, he's had plenty of opportunity. He does have interest in making you think he is.

He does have interest in cutting funding for things he doesn't like, especially vindictively, while greatly expanding spending for things he does. Don't confuse that for him "helping" the common American or reducing the deficit (which he has never done). All of your expenses will continue to inflate.

Except he will cut the deficit.
According to the CBO, to the tune of 4 Trillion Dollars.
Here: https://www.cbo.gov/publication/61697.

You are forgetting or ignoring the impact/revenue of the Tariffs.
Those monies collected will go to reducing the deficit.

And as a "common American" he has helped me immensely.
Maybe not you, but for me and my family 100%- thank you Pres Trump.

[eddiememphis]

And as a "common American" he has helped me immensely.

How so?

[FoxtArt]

Except he will cut the deficit.
According to the CBO, to the tune of 4 Trillion Dollars.
Here: https://www.cbo.gov/publication/61697.

You are forgetting or ignoring the impact/revenue of the Tariffs.
Those monies collected will go to reducing the deficit.

And as a "common American" he has helped me immensely.
Maybe not you, but for me and my family 100%- thank you Pres Trump.

Projected increased to the "BBB" (big borrowing bill?) is 3.4 Trillion, which coincidentally matches the exact same revenue estimation of the tarrifs. They generously estimated another 700 billion in interest reduction due to deficit payoff, which isn't going to happen.

This is akin to a guy announcing he's going to pay off his credit card debt of $324,000 because he made a $100 payment, which he says counts for an extra $14 in interest saved, all while charging an additional $125 to the same cards.

Fun fact: The national debt now amounts to $324,000 per US. Taxpayer.

Tarriff revenue is coming in. If it would reduce the deficit, you'd see those charts I just posted for monthly spending at least climbing slower than prior years? Sadly, it isn't. Deficit spending has increased.

Every dollar of added revenue with this admin is already an additional dollar spent, often with another dime borrowed. None is servicing deficit.

Tarriffs do ultimately affect inflation, though. It isn't free money, it is a Colorado-style backdoor tax on regular citizens. It just has some lag time before you really feel it.

[Oscar77]

Fox:
I do genuinely respect you, mainly due to the fact that your objections over Trump are atleast based on some logical defined reasons, but we clearly disagree on things.
On the subject of Tariffs, this was announced today:
https://www.foxbusiness.com/politics...cks-home-goods
So let me guess, all that additional monies coming in has already spent- for lack of better words?
And when they dropped interest rates on the 24th, that WILL mean an "interest deduction," and there will be another in the fall, so maybe you are mistaken?
https://www.usatoday.com/story/money...s/86324993007/

Finally No, Tariffs aren't a "Colorado-style backdoor tax on regular citizens" its a fee paid by Importers on goods they bring into the US. And No, we wont "feel it" mainly due to the fact that we have such a huge economy that we can produce everything we need with out Imports.
Thats one of the main points to Pres Trump implementing these tariffs. He's forcing foreign companies to build plants here for US jobs, taxes and wages. And they are doing just that, TRILLIONS of dollars in investment. And buying American for the same reason.

PS YES Exxon............ The TDS is strong in this one. But aleast he's not just babbling like a moron.

[Oscar77]

How so?

For me, the list is this:
-dropping taxes on overtime and tips has been huge.
-I've seen a drop in prices for food and gas.
-the economy is booming and so my 401k's are exploding. As in up 18% YTD.