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BlackVEGGIE: “The Wages of Supply side idiocy Parte QUATRE”
Yesterday 8:12 am
WHY? Because due to the Budgetary process:LowIQTrash » 33 minutes ago » wrote: ↑ In an alternate universe…
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GOP Senator in a subpoena:
“ChancelloR Musk, if DOGE allegedly cut $1T or more GUBMINT WAIST from the annual federal budget, why does the tRUMP administration intend to increase the NATIONOE DETT by > 3T compared to a baseline budget over the next 10 years?”
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https://budgetmodel.wharton.upenn.edu/i ... ay-19-2025
PWBM now estimates that conventional primary deficits will increase by $3,175 billion ($3.2 trillion) over the 10-year budget window.
1) The CBO assumes a yearly 1.5% GDP growth (which with Trumps relocation of $7T of private $$$ into America is likely to be more like 3.5%/yr. growth) !
2) The Budget does not include Tariff income (Likely to be $1T+/yr.) ! and
3) Does NOT include all the ancillary benefits/savings associated with DOGE, controlling the border, and Federal workforce reductions !
SO, a spending increase of $3T over 10 years ( $350B/yr.), minus something close to $4.5 Trillion income/savings per YEAR... is a NET ESTIMATED Savings of over $4 Trillion/yr. !!
NO WONDER Democrats always SCREW UP the Budget...