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11-27-2024, 04:14 PM
https://www.washingtonpost.com/opinions/...-spending/
Being aggrieved is his pursuit of happiness, so 2020’s sore loser is 2024’s sore winner. Hence his announcement that his administration’s adult supervision will not come from Mike Pompeo (West Point, four-term congressman, CIA director, secretary of state) or Nikki Haley (two-term governor, U.N. ambassador). Both have been excommunicated from the Church of Trump for unspecified (but easily imagined) deviationism.
Donald Trump, whose election owed much to inflation, ran promising to increase living costs. His favorite word is (“freedom”? “justice”? don’t be silly) “tariff,” and the point of tariffs is to increase prices of domestically produced goods by depressing competition from foreign goods. (A truism: Protectionist nations blockade their own ports.)
Musk says he can cut “at least” $2 trillion from federal spending — say, one dollar in three. (Fiscal 2024 spending: $6.75 trillion.) Well. Debt service (13.1 percent of fiscal 2024 spending) is not optional and is larger than defense (12.9 percent), which Trump wants to increase. Entitlements (principally Social Security and Medicare) are 34.6 percent and by Trumpian fiat are sacrosanct. So, Musk’s promise is to cut about 30 percent of the total budget from a roughly 40 percent portion of the budget, politics be damned.
Musk might do some good; Trump’s tariffs will do nothing but harm. Both, however, could cause Congress to rethink its decades of delegating dangerous discretion to presidents. They can unilaterally wreck international commerce and domestic prosperity with vague incantations about “national security” and “unfair” practices.
Let the bashing begin...
Being aggrieved is his pursuit of happiness, so 2020’s sore loser is 2024’s sore winner. Hence his announcement that his administration’s adult supervision will not come from Mike Pompeo (West Point, four-term congressman, CIA director, secretary of state) or Nikki Haley (two-term governor, U.N. ambassador). Both have been excommunicated from the Church of Trump for unspecified (but easily imagined) deviationism.
Donald Trump, whose election owed much to inflation, ran promising to increase living costs. His favorite word is (“freedom”? “justice”? don’t be silly) “tariff,” and the point of tariffs is to increase prices of domestically produced goods by depressing competition from foreign goods. (A truism: Protectionist nations blockade their own ports.)
Musk says he can cut “at least” $2 trillion from federal spending — say, one dollar in three. (Fiscal 2024 spending: $6.75 trillion.) Well. Debt service (13.1 percent of fiscal 2024 spending) is not optional and is larger than defense (12.9 percent), which Trump wants to increase. Entitlements (principally Social Security and Medicare) are 34.6 percent and by Trumpian fiat are sacrosanct. So, Musk’s promise is to cut about 30 percent of the total budget from a roughly 40 percent portion of the budget, politics be damned.
Musk might do some good; Trump’s tariffs will do nothing but harm. Both, however, could cause Congress to rethink its decades of delegating dangerous discretion to presidents. They can unilaterally wreck international commerce and domestic prosperity with vague incantations about “national security” and “unfair” practices.
Let the bashing begin...
11-27-2024, 04:55 PM
(11-27-2024, 04:14 PM)SEKYFAN Wrote: https://www.washingtonpost.com/opinions/...-spending/Ever notice how often lunatic lefties post other people's opinions because they cannot form their own opinions?
Being aggrieved is his pursuit of happiness, so 2020’s sore loser is 2024’s sore winner. Hence his announcement that his administration’s adult supervision will not come from Mike Pompeo (West Point, four-term congressman, CIA director, secretary of state) or Nikki Haley (two-term governor, U.N. ambassador). Both have been excommunicated from the Church of Trump for unspecified (but easily imagined) deviationism.
Donald Trump, whose election owed much to inflation, ran promising to increase living costs. His favorite word is (“freedom”? “justice”? don’t be silly) “tariff,” and the point of tariffs is to increase prices of domestically produced goods by depressing competition from foreign goods. (A truism: Protectionist nations blockade their own ports.)
Musk says he can cut “at least” $2 trillion from federal spending — say, one dollar in three. (Fiscal 2024 spending: $6.75 trillion.) Well. Debt service (13.1 percent of fiscal 2024 spending) is not optional and is larger than defense (12.9 percent), which Trump wants to increase. Entitlements (principally Social Security and Medicare) are 34.6 percent and by Trumpian fiat are sacrosanct. So, Musk’s promise is to cut about 30 percent of the total budget from a roughly 40 percent portion of the budget, politics be damned.
Musk might do some good; Trump’s tariffs will do nothing but harm. Both, however, could cause Congress to rethink its decades of delegating dangerous discretion to presidents. They can unilaterally wreck international commerce and domestic prosperity with vague incantations about “national security” and “unfair” practices.
Let the bashing begin...
11-27-2024, 05:09 PM
Posting a link to the Washington Post does nothing but announce to the word that you are hopelessly ignorant.
11-27-2024, 07:17 PM
Billionaire envy is an ugly thing. Bezos is a Musk wannabe.
Seriously, I respect the accomplishments both Musk and Bezos, but Bezos bought the WP as a platform for his liberal agenda. It may have cost him a large defense contract during Trump's first term. He seems to be reigning in the radical left wingers at the WP a little bit, including his very of the WP's plan to endorse Kamala Harris.
Hopefully, Bezos will continue moving to the right and meet Musk in the middle. The should be natural business allies, with Bezos focusing on space infrastructure and Musk focused on colonization.
Democrats are very good at creating huge messes and then creating excuses for doing nothing to clean them up.
Seriously, I respect the accomplishments both Musk and Bezos, but Bezos bought the WP as a platform for his liberal agenda. It may have cost him a large defense contract during Trump's first term. He seems to be reigning in the radical left wingers at the WP a little bit, including his very of the WP's plan to endorse Kamala Harris.
Hopefully, Bezos will continue moving to the right and meet Musk in the middle. The should be natural business allies, with Bezos focusing on space infrastructure and Musk focused on colonization.
Democrats are very good at creating huge messes and then creating excuses for doing nothing to clean them up.
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