spending

‘Totally Inadequate’: DeSantis Blasts McCarthy Over Budget Deal for ‘Careening Towards Bankruptcy’… Rand Paul Summarizes RINO Kevin McCarthy’s Debt Ceiling Deal: ‘Fake Conservatives Agree to Fake Spending Cuts’

‘Totally Inadequate’: DeSantis Blasts McCarthy Over Budget Deal for ‘Careening Towards Bankruptcy’ Fiscal conservatives blast debt ceiling ‘sell out’ Fake conservatives agree to fake spending cuts. Deal will increase mandatory spending ~5%, increase military spending ~3%, and maintain current non-military …

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Điện Biên Phủ, Part Deux! Colonel McCarthy Surrenders To Biden And Schumer, Guarantees Biden’s Reelection As President (McCarthy Caves In To Protect Big Spending To Big Donor Class)

by confoundedinterest17 Well, I wrote that this would happen and it did. KevIn McCarthy, despite his tough talk, surrendered to Biden and Schumer and are getting close to an agreement on Biden’s insane budget and raising the debt limit. This …

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‘Debt ceiling increase = inflation increase = Federal Reserve Interest rate hikes = higher mortgage & car loan costs = higher food/gas prices = decrease in wage value… It’s all connected. If Gov’t spending isn’t cut, your family’s spending will be’

Listen up pic.twitter.com/BrgWo4fCWX — Brandie with a 🐝 (@BrandieWithABee) May 25, 2023 Government spending is up 55% since 2019 and we have 1% GDP growth. pic.twitter.com/PEZ59Codee — Dan Collins (@DanCollins2011) May 24, 2023 https://twitter.com/bagholdingbear/status/1661434652303785994 CNN fact checks far-left Democrat Rep. …

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Is That All There Is? US GDP Grows At A Pathetic 1.1% QoQ Rate Despite Massive Spending Spree By Biden, Gross Private Domestic Investment Crashes By -12.5% QoQ (Bad Return On $3.37 TRILLION In Spending)

by confoundedinterest17 Crooner Peggy Lee said it best: Is that all there is? Unfortunately, US GDP grew at a pathetic 1.1% QoQ. Official estimates from the Congressional Budget Office (CBO) show that, since January 2021, legislation signed by President Biden has set in …

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2-year Treasury Yield Yops 5%. Consumers Are Still Spending. Used-Vehicle Auction Prices Jump for Third Month, after Last Year’s Plunge. More Trouble Brewing for “Core” CPI

by BoatSurfer600 https://www.cnbc.com/2023/03/07/us-treasury-yields-investors-anticipate-fed-chair-powells-remarks.html   Consumer Credit Alert! In January, consumer credit increased at a seasonally adjusted annual rate of 3.7 percent. Revolving credit increased at an annual rate of 11.1 percent, while nonrevolving credit increased at an annual rate of …

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China increases military spending by $230 BILLION to boost combat preparedness and enhance military capabilities… quietly laying out their case for justifying war with the US

via dailymail: China announced it will boost its military budget by nearly $230 billion this year amid concerns it will launch an invasion of Taiwan. The money is set to ‘boost combat preparedness and enhance military capabilities,’ claimed Premier Li …

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Tucker Carlson: “We’re spending all this money to liberate Ukraine from the Russians, why are we not sending an armed force north to liberate Canada from Trudeau? And, I mean it.”

Tucker Carlson: “We're spending all this money to liberate Ukraine from the Russians, why are we not sending an armed force north to liberate Canada from Trudeau? And, I mean it.” pic.twitter.com/21NTd8C9GI — Media Matters (@mmfa) January 26, 2023

Inflation’s Impact: American Families Spending About $371 More a Month Than Year Ago… Thousands Laid Off by Big Tech as President Brags of ‘Booming Economy’

via local21news: That $371 more families are spending due to inflation is a Moody’s Analytics estimate and compares this December with December 2021. Here’s some of how the increase breaks down: $72 more spent on food compared to December 2021 $82 more spent …

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Republicans demand spending cuts…

WASHINGTON — The Republican-controlled House has planted the seeds for a debt-ceiling showdown, with Speaker Kevin McCarthy endorsing a push by his hard-liners to demand spending cuts as part of any extension of the country’s borrowing authority. The political divide …

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US to hit debt limit on Thursday. FED promises special levers to keep US spending to avoid default. In 2023 the cost to service national debt to become the biggest expenditure, more than Social Security. Sound sustainable? But inflation is transitory…

    The federal tax revenue / budget 2021: ​ Tax revenue: $4,714,000,000,000 Federal budget: $6,818,000,000,000 New debt: $2,104,000,000,000 National debt: $26,900,000,000,000 ​ The numbers are so huge we can’t even conceive of them. Seriously- our brains just can’t handle …

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Americans are running out of money. Last time saving was this low was 2006-07. Right before GFC. Spending cutback + deflation will of course cause a Recession. Potentially a big one.

1) Why is the Savings Rate so low? Because for the last 18 Months Americans have been ravaged by Inflation (orange line). Meanwhile – Wage Growth (blue line) has not kept up. Not even close. pic.twitter.com/T59hRPUSft — Nick Gerli (@nickgerli1) …

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