“Politics is the ability to foretell what is going to happen tomorrow, next week, next month and next year. And to have the ability afterwards to explain why it didn’t happen.”
–Winston Churchill
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Stock market drops 400 points, Trump says "D'oh!"
Saw yesterday that the monthly Treasury report shows increasing deficits (no surprise) through July.
Even the existing tariffs are making a "small" contribution to slowing the debt — $24.5 billion more than FY2018's same 10 month period. If I handled the decimals correctly, that is an average of $75 for every one of the United States' 325 million inhabitants. My spouse & I did a great deal of our part when we replaced a washing machine — almost exactly $100 more than the same model last year.
Here are the hard numbers, which even with the Trump administration's futile attempts to cut social program spending, the slowing of the economy will further reduce tax receipts, thus causing the upward explosion in the deficit to continue:
Nope
I was listening to AM630 around 930 this morning
And Rossputin made it clear deficits are meaningless and taxes like tariffs only matter if people understand them
Harry Reid: The Filibuster Is Suffocating the Will of the American People: To save our country’s future, Democrats must abolish this arcane Senate rule.
After the T***p crime family gets another 10 years to run the NAK (New American Kleptocracy), will it be our kids making New York look like Hong Kong? If we don't stop this Putin copycat, will our children have to fight him in the streets?
Just remember…Vote Blue, no matter who.