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tfm@europe.pubM to BoycottUnitedStates@europe.pub · 1 month ago

US budget deficit grows to $1.3 trillion, the second highest six-month level on record

www.independent.co.uk

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US budget deficit grows to $1.3 trillion, the second highest six-month level on record

www.independent.co.uk

tfm@europe.pubM to BoycottUnitedStates@europe.pub · 1 month ago
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The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year

cross-posted from: https://metawire.eu/post/19471

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year

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  • Seaguy05@lemmy.world
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    1 month ago

    I think more tax breaks for corporations and the 1% is the only way to fix this issue.

    • Valmond@lemmy.world
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      1 month ago

      What about crashing the stock market?

    • corsicanguppy@lemmy.ca
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      1 month ago

      Somehow this orange guy endorsing Trickle Down from Bush just seems apt.

    • No_Ones_Slick_Like_Gaston@lemmy.world
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      1 month ago

      We have tried nothing and we already ran out of ideas!

      • Seaguy05@lemmy.world
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        1 month ago

        We tried tricked trickle down economics and, to a few, that’s been very successful.

  • P00ptart@lemmy.world
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    1 month ago

    But, but I thought musk was saving us tons of money?!? 🤣

    • Boomkop3@reddthat.com
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      1 month ago

      He cut a bunch of programs that saved a bunch of money and prevents expensive incidents. Hr saved virtually nothing compared to the us budget but it’ll be more expensive in the long run.

      That’s separate from increased spending and trade restrictions reducing national income

      • P00ptart@lemmy.world
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        1 month ago

        Yeah, thankfully the insurance companies do long term climate projections, right?

        • Boomkop3@reddthat.com
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          1 month ago

          Some definitely do. But in the us that probably just means some sneaky terms so you’re not covered :/

    • WanderingThoughts@europe.pub
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      1 month ago

      When reality hits Musk’s simplistic view of the world and the world doesn’t give in under the weight of his money like he’s used to.

  • SoupBrick@pawb.social
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    1 month ago

    I am so glad those tariffs worked!

  • seeigel@feddit.org
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    1 month ago

    How much does the income from the tariffs compensate this?

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