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Posted on 05/18/2025 5:40:33 PM PDT by george76
Now you know why Trump is so eager to cut wasteful spending! The real mystery is why Democrats and RINOs are so determined to continue wasteful spending and not cut taxes.
Trump inherited a fiscal disaster from Biden and Congress. Not to mention The Federal Reserve. Credit default swaps (CDS) for the USA are near Greece (and China) levels.
...
Since Covid struck in 2020, US debt is up a staggering 56%
...
And M2 Money is up 40% since Covid.
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It would be SOOOOOO good to have Congressman stop spending so much money. They expect us all to live within our means and they don’t. Let’s all work to put in a Congress who will cut spending.
Thanx brandon, barry, USAID & uniparty congress
Wasteful spending keeps democrats and RINOs in office!
Could this be political?? Ya think?? There is no way this should have happened.
Sunday morning Mike Johnson called wasteful spending that he has agreed to be in the budget “INVESTMENT”.
Using vocabulary of the swamp is not the way to convince either the voters, nor the key money managers.
If Johnson were to honestly say: “We are keeping wasteful spending in the budget because it is necessary to get a majority vote” that honesty would be appreciated.
And note that there are many here on FR who support wasteful spending and give it Pro-Trump vocabulary as if that makes wasteful spending OK.
It's no mystery. They're afraid all the people of color will riot burn and loot if any of their freebies get taken away from them.
That's where all the "wasteful" spending is. And DOGE proved it. And the Dems and RINOS know it. Then all the gated communities and safe suburbs will get wasted and we'll have another race war on our hands.
This has been the strategy unspoken since LBJ came up with the "Great Society" program, which was the white man's response to Watts.
Buy the savages off.
We're still practicing it, only it's on steroids now.
The only reason it isn’t worse is because the rest of the world sucks more.
...and so, I ask myself...
“Who is ‘Moodys’, and why should I care?”
The word INVESTMENT has always been the approved wild card to hide their fleecing of the US taxpayer.
Very sad to see Republicans speak that same pathetic language.
They matter a great deal because a downgrade by either of them puts upward pressure on interest rates with resulting downward pressure on the stock market.
The rest of the world does not suck as bad compare to us any more.
We are really getting down to the Greek levels!
Like I mentioned before, US deficit is not at all acceptable for the EU members.
If we were in EU, we will be under sanctions and forced into corrective actions. EU allows deficit only 3% of GDP, we are more than double of it!
Argentina was about tenth richest country in the world!
Then they decided they need to “invest” into their economy.
Now they are broke! Even poorer than many Latin America’s countries.
Milei is finally trying to fix it, and it is quite painful.
I see us broke like Argentina in few years, if we do not stop!!!
NYCB names new chairman after Moody’s downgrades bank’s credit rating to junk..
https://freerepublic.com/focus/f-news/4216283/posts
Everybody knows…
And what really pisses me off is the politicians that think we’re stupid.
It’s incredible that Green New Deal spending remains in the bill. The pandemic is long over. We should not be running $2T annual deficits. The Trump and Biden era pandemic spending hikes need to be phased out.
Reagan had defense budgets at around 6% of GDP, ran deficits from 3% to 6%. Trump is signing up for a deficit of 7% with a military budget of 3%. We are weak and bloated with non-defense spending.
We are fortunate that Congress still has fiscal hawks ready to raise the alarm over this bloated budget. A 7% peacetime budget deficit is a travesty. It needs whittling down to the more reasonable 4% average of Trump’s pre-pandemic first term.
Too many other totally wasteful boondoggles need to be funded first.
Bingo.
Nobody cares.😊👍
Next you’ll be selling Kelly Blue Books to us.😂👍
Tell that to investors and anyone looking for lower interest rates.
The money funding lawfare against Trump et al comes from the excess cash they launder out.
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