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BoRaGard

(7,591 posts)
1. Super Big Billionaire Bro (R) Dump on the Proles
Sat Feb 1, 2025, 07:20 PM
Feb 2025

so the rich republicons can have more more more tax cuts for the rich.

Bernardo de La Paz

(60,320 posts)
2. Muck is just as brilliant an economist as tRump
Sat Feb 1, 2025, 07:21 PM
Feb 2025

Both neglect the contraction ripple effects the economy will endure if government spending is cut.

LiberalLoner

(11,467 posts)
4. Can that amount be cut without touching SS, Medicare/Medicaid, military pensions/fed pensions?
Sat Feb 1, 2025, 07:22 PM
Feb 2025

sinkingfeeling

(57,832 posts)
5. Isn't it kind of hard to have economic growth in the middle of a recession? I do believe
Sat Feb 1, 2025, 07:24 PM
Feb 2025

driving the cost of living up by 10 to 25% with tariffs, increasing unemployment through massive layoffs, and cutting federal spending is probably going to put us in a recession.

Wuddles440

(2,094 posts)
11. Recession?
Sat Feb 1, 2025, 10:20 PM
Feb 2025

Hell, I'm more worried about free falling into a depression (financial and mental)!

Blue Full Moon

(3,484 posts)
13. That's the goal
Sat Feb 1, 2025, 10:42 PM
Feb 2025

The republicans have removed the protections put in place to keep it from happening again. They even removed the ones from the smaller depression in the late 1800s. They want to install crypto currency.

Oneear

(431 posts)
6. I do Believe we are going to find out
Sat Feb 1, 2025, 07:25 PM
Feb 2025

Crash Hemelt NASCAR 4 Point Seat Belt FireProof Clothing

SWBTATTReg

(26,257 posts)
9. Stupid idiot. Pulling out any spending is going to hurt the economy. The money he's looking to pull out? What's going
Sat Feb 1, 2025, 07:29 PM
Feb 2025

to replace its spending? So, in effect, when you multiply the spending taken out of the economy, by its velocity, money times velocity, its impact is multiplied by the velocity factor, e.g., 4 billion dollars times a velocity of money factor (it's now 1.390, so that dollar of spending is spent an additional .390 times). The higher the velocity, the more spending that occurs, thus, if velocity is 5, that 1.390 x 5 is 6.95, meaning that $1.390 dollars spent results in an ultimate spending when you add all things up, a total of $6.95 being spent.

The reverse is true when you pull money out. Idiot. With billionaires like him, who don't spend money on the scale that most of us do (we're surviving from day to day on what we have), they have no conception obviously of what they are talking about.

Blue Full Moon

(3,484 posts)
14. He is only concerned about himself.
Sat Feb 1, 2025, 10:49 PM
Feb 2025

There will be a fight amongst the billionaires for who gets it all. I bet Zuckerberg will be the first to go down. We should probably have a Deadpool. (I mean his money and companies taken but probably wouldn't put it past Musk) The CEOs profile as serial killers.

VTderry

(120 posts)
15. Speaking of billions...
Sun Feb 2, 2025, 01:14 AM
Feb 2025

I wonder what his annual spend on ketamine and LSD comes to?

Republicans used to crow about fighting The War on Drugs but now have zero problem with a raging addict running the show.

 

Hitorque

(254 posts)
16. People really need to stop thinking Elmer is some kind of super genius
Sun Feb 2, 2025, 01:34 AM
Feb 2025

Because he truly isn't

GoodRaisin

(10,921 posts)
17. Prepare for the magat parrots that will repeat this brilliant
Sun Feb 2, 2025, 04:24 AM
Feb 2025

bucket of shit Musk is trying to sell them.

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