Economist David Rosenberg disagrees with Trump claim that the world is ripping off the US. US trade deficits reflect the fact that US spends more and saves less of income than any other country. Deficits aren't because US is too generous to the world. But rather that US culture of overspending is the root cause of deficits.
Economists consider proposed DOGE $5000 tax refund absurd for several reasons. First. any savings would be needed to pay for promised tax cuts. Secondly, wholesale firings won't make government more efficient. Instead line-ups for services would be longer, maintenance deferred, more mistakes made by overworked employees and harder to hire new people if they think jobs aren't secure. Third, unnecessary to increase federal deficits to boost strong economy inherited from Biden. Fourth, risk of federal reserve increasing interest rate.
July 2024
buckle up buttercups. short term pain coming for long term gain.
my 
is ready
Agree with Rosenberg. The racist/CONVICTED FELON is a moron.
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