The guy who boasted about playing with bankruptcy laws (Six times) being good for ‘him’ is working hard at hammering the US Economy into the ground….
Pushing for Tax cuts that will COST the Governments revenue…
Talking about Tariffs that will COST consumers….
Rising Consumer prices ALREADY….
Capt. Chaos is back at the helm of the ship….
Millions of idiots voted to put him there….
“President-elect Donald Trump says renewing tax cuts would turbo-charge investment and boost US economic growth — a pledge that helped propel him to election victory in November,” Bloomberg reports.
“But new analysis from the Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog group, warns that extending tax cuts set to expire next year could do almost nothing to grow the economy. That’s a jarring data point for Republicans framing the case to renew the costly legislation as a way to boost an economy that many voters say isn’t serving them.”
…
Ron Brownstein: “Donald Trump’s support in rural America appears to have virtually no ceiling. In last month’s election, Trump won country communities by even larger margins than he did in his 2020 and 2016 presidential runs. But several core second-term policies that Trump and the Republican Congress have championed could disproportionately harm those places.”
“Agricultural producers could face worse losses than any other economic sector from Trump’s plans to impose sweeping tariffs on imports and to undertake what he frequently has called ‘the largest domestic deportation operation’ of undocumented immigrants ‘in American history.’ Hospitals and other health providers in rural areas could face the greatest strain from proposals Trump has embraced to slash spending on Medicaid, which provides coverage to a greater share of adults in smaller communities than in large metropolitan areas. And small-town public schools would likely be destabilized even more than urban school districts if Trump succeeds in his pledge to expand ‘school choice’ by providing parents with vouchers to send their kids to private schools.”
…
“Trump’s economic advisers are considering doubling the state and local tax deduction, a popular — but expensive — tax break that could deliver big savings to many residents of New York, New Jersey, and California,” Bloomberg reports.
Leave a Reply
You must be logged in to post a comment.