beSpacific<p>One of the greatest gifts of American citizenship has historically been the public <a href="https://newsie.social/tags/education" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>education</span></a> system. Today this ended w Trump's latest in a seemingly endless issuance of <a href="https://newsie.social/tags/sharpie" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>sharpie</span></a> signed Executive Actions - <a href="https://www.whitehouse.gov/presidential-actions/2025/03/improving-education-outcomes-by-empowering-parents-states-and-communities/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">whitehouse.gov/presidential-ac</span><span class="invisible">tions/2025/03/improving-education-outcomes-by-empowering-parents-states-and-communities/</span></a> Removing federal support for <a href="https://newsie.social/tags/teachers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>teachers</span></a>, <a href="https://newsie.social/tags/students" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>students</span></a>, communities & states will create major disruptions in funding, programs, access, accountability. States will face huge <a href="https://newsie.social/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a>. <a href="https://newsie.social/tags/maga" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>maga</span></a> goal is to replace with charter schools with religious affiliations. Church=State.</p>
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#deficits
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Félicien Breton 🍉 🔻 🌱<p>"The decision by the UK Labour government to reduce Overseas Development Assistance <a href="https://climatejustice.social/tags/ODA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ODA</span></a> to (according to Starmer/Reeves logic) ‘pay’ for a rather dramatic increase in military expenditure is a classic example of how policy goes astray when mainstream economic thinking in general, and the British fiscal rules, specifically are used to guide policy."</p><p>"Wealthy nations are increasingly abandoning their desire to reduce world poverty and inequality and are instead using ODA for other purposes.<br>"For example, in recent years, Australia has diverted ODA funding from hospitals, education, infrastructure etc and pumped it into maintaining the privatised prisons on Manus Island and Nauru, where we have been sending people seeking refugee protection."</p><p>"The British government is not facing a financial shortfall in sterling other than the self-imposed fiscal rules.<br>"The fact that ODA expenditure does not really compete in terms of available real resources with military expenditure is also telling.<br>"Moving towards the 0.7 per cent of GNI target for ODA is financially achievable even with an planned 0.2 per cent of GNI increase in military expenditure.<br>"The fact is that the British government can achieve both goals."</p><p>Bill Mitchell: <a href="https://billmitchell.org/blog/?p=62391" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">billmitchell.org/blog/?p=62391</span><span class="invisible"></span></a></p><p><a href="https://climatejustice.social/tags/development" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>development</span></a> <a href="https://climatejustice.social/tags/immigration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>immigration</span></a> <a href="https://climatejustice.social/tags/Australia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Australia</span></a> <a href="https://climatejustice.social/tags/neoliberalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>neoliberalism</span></a> <a href="https://climatejustice.social/tags/fetish" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fetish</span></a> <a href="https://climatejustice.social/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> <a href="https://climatejustice.social/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> <a href="https://climatejustice.social/tags/USAid" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USAid</span></a> <a href="https://climatejustice.social/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> <a href="https://climatejustice.social/tags/Starmer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Starmer</span></a> <a href="https://climatejustice.social/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://climatejustice.social/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a> <a href="https://climatejustice.social/tags/Labour" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Labour</span></a> <a href="https://climatejustice.social/tags/Britain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Britain</span></a></p>
jackhutton 🇺🇸<p>Rep Brendan Boyle, Philadelphia, ranking member of the Budget Committee. . The Republican budget represents the Republican betrayal of the middle class. It cuts at least $1.5 trillion including at least $880 billion from Medicaid in order to partially pay for trillions of dollars in tax cuts, most of which go to the richest 1% of Americans...</p><p><a href="https://mstdn.social/tags/2025budget" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>2025budget</span></a> <a href="https://mstdn.social/tags/republicans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>republicans</span></a> <a href="https://mstdn.social/tags/housegop" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housegop</span></a> <a href="https://mstdn.social/tags/maga" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>maga</span></a> <a href="https://mstdn.social/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> <a href="https://mstdn.social/tags/taxcuts" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxcuts</span></a> <a href="https://mstdn.social/tags/medicaid" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>medicaid</span></a> <a href="https://mstdn.social/tags/reckless" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>reckless</span></a> <a href="https://mstdn.social/tags/derelict" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>derelict</span></a> <a href="https://mstdn.social/tags/brendanBoyle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>brendanBoyle</span></a> <a href="https://mstdn.social/tags/PA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PA</span></a> <a href="https://mstdn.social/tags/budgetcommittee" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>budgetcommittee</span></a></p>
Ben Royce 🇺🇦<p>Then they warp our <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a>, our <a href="https://mastodon.social/tags/society" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>society</span></a>, our <a href="https://mastodon.social/tags/psychology" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>psychology</span></a></p><p>Something is going to break in this new <a href="https://mastodon.social/tags/GildedAge" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GildedAge</span></a></p><p><a href="https://mastodon.social/tags/Capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalism</span></a> <a href="https://mastodon.social/tags/Plutocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Plutocracy</span></a></p><p>"<a href="https://mastodon.social/tags/Corporate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Corporate</span></a> <a href="https://mastodon.social/tags/profits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>profits</span></a> are close to a record share of <a href="https://mastodon.social/tags/GDP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDP</span></a>, <a href="https://mastodon.social/tags/fiscal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fiscal</span></a> and <a href="https://mastodon.social/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://mastodon.social/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> are at non-crisis highs. Meanwhile <a href="https://mastodon.social/tags/wages" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>wages</span></a> are around their lowest share while asset <a href="https://mastodon.social/tags/prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>prices</span></a> are at the highs. Are the five sustainable together?"</p><p><a href="https://www.marketwatch.com/story/corporate-profits-are-near-all-time-highs-while-wages-are-near-lows-how-long-can-this-last-0b0885e7" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">marketwatch.com/story/corporat</span><span class="invisible">e-profits-are-near-all-time-highs-while-wages-are-near-lows-how-long-can-this-last-0b0885e7</span></a></p>
C.<p>As a consequence of these various <a href="https://mindly.social/tags/personality" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>personality</span></a>, <a href="https://mindly.social/tags/temperament" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>temperament</span></a>, and <a href="https://mindly.social/tags/intellectual" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>intellectual</span></a> <a href="https://mindly.social/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a>, Trump is, for a world leader, amazingly easy to <a href="https://mindly.social/tags/manipulate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>manipulate</span></a>.</p><p>If you <a href="https://mindly.social/tags/butter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>butter</span></a> him up, and suggest doing something will make him look good - well, there's a good chance he'll listen intently. He likes to listen to people telling him he's wonderful, and giving him easy ways to appear more wonderful. Much better than listening to people asking him to choose between tough or ugly choices on complicated subjects.</p><p>He's also got that tendency where he believes whatever the last person he spoke to told him. This is why people - remember those oligarchs who were literally in front-row seats at his inauguration? - want to be close to him, figuratively and literally. If you keep his <a href="https://mindly.social/tags/ear" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ear</span></a>, you can keep him behind your needs, your ideas, your wants.</p><p>So, given all this, why the hell did he declare <a href="https://mindly.social/tags/economic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economic</span></a> <a href="https://mindly.social/tags/war" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>war</span></a> on <a href="https://mindly.social/tags/Canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canada</span></a> (and Mexico, and China, but I'm <a href="https://mindly.social/tags/Canadian" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Canadian</span></a>) when it was:</p><p>(a) obviously a bad idea for the US and the world <a href="https://mindly.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a>; there will be pain, and it will hurt him - price of eggs and all that<br>(b) not something that was going to personally <a href="https://mindly.social/tags/profit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>profit</span></a> him in any big way<br>(c) not in the interests of his <a href="https://mindly.social/tags/billionaire" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaire</span></a> oligarchs<br>(d) not a primary plank in his campaign - at least not in this scorched-earth approach he's taken</p><p>Why?</p><p>2/x</p><p><a href="https://mindly.social/tags/reasons" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>reasons</span></a> <a href="https://mindly.social/tags/manipulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>manipulation</span></a> <a href="https://mindly.social/tags/goldfish" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>goldfish</span></a> <a href="https://mindly.social/tags/compliment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>compliment</span></a> <a href="https://mindly.social/tags/flattery" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>flattery</span></a></p>
acemaxx<p><a href="https://econtwitter.net/tags/BondVigilantes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BondVigilantes</span></a> are more a (neoliberal) <a href="https://econtwitter.net/tags/myth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>myth</span></a> than reality: modern CBs can effectively control yields - example: <a href="https://econtwitter.net/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fed</span></a>'s response to GFC 2008 and <a href="https://econtwitter.net/tags/COVID19" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>COVID19</span></a> - massive QE programs overwhelmed market forces - successfully kept yields low despite rising <a href="https://econtwitter.net/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> – <a href="https://econtwitter.net/tags/BondVigilantes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BondVigilantes</span></a> are powerless against Fed actions</p>
DrBob, Neurologist, 🧠Mechanic<p>Elections Usually Come Down to ‘The Economy, Stupid’</p><p>So this should be a Democratic Landslide 🤔</p><p>23 Nobel Prize-winning economists endorse Kamala Harris for president, citing her policies as more robust, sustainable, and equitable than Donald Trump's.</p><p>Heed the brightest minds in economics when they issue a dire warning about inflation, deficits and inequality if the former president is reelected.”</p><p><a href="https://vmst.io/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://vmst.io/tags/NobelPrize" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NobelPrize</span></a> <a href="https://vmst.io/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://vmst.io/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://vmst.io/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://vmst.io/tags/kamalaharris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>kamalaharris</span></a> <a href="https://vmst.io/tags/voteblue" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>voteblue</span></a> <a href="https://vmst.io/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> <a href="https://vmst.io/tags/inequality" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inequality</span></a> <a href="https://vmst.io/tags/fascism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fascism</span></a> <a href="https://vmst.io/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> <a href="https://vmst.io/tags/billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaires</span></a> <a href="https://vmst.io/tags/musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>musk</span></a> is <a href="https://vmst.io/tags/toxic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>toxic</span></a></p><p>(Put browser on ‘Reader Mode' to avoid Paywall = <a href="https://vmst.io/tags/giftlink" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>giftlink</span></a> 🤗)</p><p><a href="https://www.bloomberg.com/opinion/articles/2024-10-31/23-nobel-laureates-can-t-be-wrong-about-trump-right?lctg=10999542&embedded-checkout=true" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bloomberg.com/opinion/articles</span><span class="invisible">/2024-10-31/23-nobel-laureates-can-t-be-wrong-about-trump-right?lctg=10999542&embedded-checkout=true</span></a></p>
Dave Johnson<p>There are two - and only two - sources of money in an economy.</p><p>1) Government spending more into the economy than it taxes back out.</p><p>2) Banks licensed to create money through loans that they charge for.</p><p>Part 2: Now you understand why the "financial sector" says government needs to "balance the budget." This means government is not putting any money into the economy, so everyone depends on - and pays - banks to do this.</p><p><a href="https://mastodon.cloud/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> <a href="https://mastodon.cloud/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> <a href="https://mastodon.cloud/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MMT</span></a></p>
DrBob, Neurologist, 🧠Mechanic<p>Get This: Trump is NOT better for the <a href="https://vmst.io/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a>! 🧐</p><p>Economists Say Inflation, Deficits Will Be Higher Under Trump</p><p>Most <a href="https://vmst.io/tags/Economists" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economists</span></a> think <a href="https://vmst.io/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a>, <a href="https://vmst.io/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InterestRates</span></a> and <a href="https://vmst.io/tags/Deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Deficits</span></a> would be higher under the policies former President Donald TTrump would pursue in a second administration than under those proposed by Vice President <a href="https://vmst.io/tags/KamalaHarris" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>KamalaHarris</span></a>, according to a quarterly survey by The Wall Street Journal.</p><p>The results of the Oct. 4-8 survey echoed those of the Journal’s survey in July, when Trump was facing President Biden. Biden dropped out of the race on July 21, and Harris became the nominee shortly afterward.</p><p><a href="https://www.wsj.com/politics/elections/economists-say-inflation-deficits-will-be-higher-under-trump-than-harris-0365588e" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/politics/elections/eco</span><span class="invisible">nomists-say-inflation-deficits-will-be-higher-under-trump-than-harris-0365588e</span></a></p>
hugues ⏚<p>On dit merci qui ?</p><p>"Gouvernement <a href="https://mastodon.zaclys.com/tags/Barnier" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Barnier</span></a> : "Nous avons un des pires <a href="https://mastodon.zaclys.com/tags/d%C3%A9ficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>déficits</span></a> de notre histoire, la situation est grave", déclare le ministre de l'Economie, Antoine Armand"</p><p><a href="https://mastodon.zaclys.com/tags/France" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>France</span></a> <a href="https://mastodon.zaclys.com/tags/politique" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politique</span></a> <a href="https://mastodon.zaclys.com/tags/soci%C3%A9t%C3%A9" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>société</span></a> <a href="https://mastodon.zaclys.com/tags/%C3%A9conomie" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>économie</span></a> </p><p><a href="https://www.francetvinfo.fr/politique/gouvernement-de-michel-barnier/direct-gouvernement-de-michel-barnier-on-ne-pense-pas-tous-pareil-soutient-la-porte-parole-du-gouvernement-maud-bregeon_6798835.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">francetvinfo.fr/politique/gouv</span><span class="invisible">ernement-de-michel-barnier/direct-gouvernement-de-michel-barnier-on-ne-pense-pas-tous-pareil-soutient-la-porte-parole-du-gouvernement-maud-bregeon_6798835.html</span></a></p>
Crypto News<p>JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead - JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve ... - <a href="https://news.bitcoin.com/jpmorgan-ceo-jamie-dimon-on-fed-rate-cuts-bigger-economic-problems-ahead/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">news.bitcoin.com/jpmorgan-ceo-</span><span class="invisible">jamie-dimon-on-fed-rate-cuts-bigger-economic-problems-ahead/</span></a> <a href="https://schleuss.online/tags/federalreserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>federalreserve</span></a> <a href="https://schleuss.online/tags/monetarypolicy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>monetarypolicy</span></a> <a href="https://schleuss.online/tags/interestrates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>interestrates</span></a> <a href="https://schleuss.online/tags/stagflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stagflation</span></a> <a href="https://schleuss.online/tags/georgetown" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>georgetown</span></a> <a href="https://schleuss.online/tags/jamiedimon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jamiedimon</span></a> <a href="https://schleuss.online/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://schleuss.online/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://schleuss.online/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://schleuss.online/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> <a href="https://schleuss.online/tags/jpmorgan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jpmorgan</span></a> <a href="https://schleuss.online/tags/ratecuts" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ratecuts</span></a> <a href="https://schleuss.online/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://schleuss.online/tags/powell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>powell</span></a> <a href="https://schleuss.online/tags/u" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>u</span></a>.s. <a href="https://schleuss.online/tags/fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fed</span></a></p>
Crypto News<p>JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation - JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs... - <a href="https://news.bitcoin.com/jpmorgan-ceo-warns-of-recession-threat-higher-inflation-stagflation/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">news.bitcoin.com/jpmorgan-ceo-</span><span class="invisible">warns-of-recession-threat-higher-inflation-stagflation/</span></a> <a href="https://schleuss.online/tags/inflationarypressures" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflationarypressures</span></a> <a href="https://schleuss.online/tags/governmentspending" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>governmentspending</span></a> <a href="https://schleuss.online/tags/economicslowdown" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economicslowdown</span></a> <a href="https://schleuss.online/tags/jpmorganchase" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jpmorganchase</span></a> <a href="https://schleuss.online/tags/manufacturing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>manufacturing</span></a> <a href="https://schleuss.online/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a> <a href="https://schleuss.online/tags/stagflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stagflation</span></a> <a href="https://schleuss.online/tags/u" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>u</span></a>.s.economy <a href="https://schleuss.online/tags/employment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>employment</span></a> <a href="https://schleuss.online/tags/jamiedimon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jamiedimon</span></a> <a href="https://schleuss.online/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://schleuss.online/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://schleuss.online/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://schleuss.online/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> <a href="https://schleuss.online/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://schleuss.online/tags/housing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>housing</span></a></p>
Dave Johnson<p>When you hear ANYONE talk about government budget deficits or debt: THANK THEM for making the case for restoring pre-Reagan/Thatcher tax rates on the wealthy & their corporations.</p><p>Top tax rates in the US were 90% on the rich and 50% on their corporations. Inheritance 77%. UK is similar. What would be the effect on deficits if those rates were restored?</p><p>YES I understand <a href="https://mastodon.cloud/tags/mmt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>mmt</span></a> <br> This is about shutting up conservatives and their ridiculous propaganda.</p><p><a href="https://mastodon.cloud/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a> <a href="https://mastodon.cloud/tags/taxes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxes</span></a> <a href="https://mastodon.cloud/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debt</span></a> <a href="https://mastodon.cloud/tags/neoliberaism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>neoliberaism</span></a></p>
Dave Johnson<p>I'm so old I remember when Reagan & Thatcher dramatically cut taxes on the rich and their corporations and dramatically increased funding of military companies, and then said we have to cut everything government does to make people's lives better because of "deficits" and "we're running out of money."</p><p>And "conservatives" have been at it ever since!</p><p>What I don't understand is why people never catch on?</p><p><a href="https://mastodon.cloud/tags/taxcuts" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>taxcuts</span></a> <a href="https://mastodon.cloud/tags/deficits" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficits</span></a></p>
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