RT Jeffery Mead (@the_jefferymead)NYC wants a $127 Billion budget.The ENTIRE state of Florida has a $117 Billion budget.NYC has 8.8 million people.Florida has ~ 22 million people..Think about that for a second. That is absolutely wild.. ...

Australian governments are spending at an “unsustainable” pace and public debt is set to rise further, leaving the economy more vulnerable to future shocks, a report by the e61 Institute and McKinnon found https://t.co/7Xj3A8KR8Y ...

Instead of raising taxes could they also not just spend less?Polymarket (@Polymarket):JUST IN: "We are forced to raid the rainy day fund, the retiree health benefits trust reserve, and to increase property taxes" — NYC Mayor Mamdani https://t.co/LenWB0zCNl ...

RT James Hickman (@thesovereignman)PepsiCo spent $2.8 million last year lobbying to keep junk food eligible for food stamps.Then RFK got 18 states to ban SNAP purchases of soda, candy, and processed snacks. Within a week, PepsiCo cut Doritos, Lay's, and Tostitos prices by up to 15%.The CEO blamed "affordability." But the timing tells the real story.SNAP is a $100 billion-a-year program. According to the USDA, 20 cents of every SNAP dollar goes to junk food. Frito-Lay products appeared in 7.2% of all SNAP sh ...

From @WSJopinion: The budget numbers confirm again that America’s fiscal mess isn’t because taxes are too low. It’s because the government spends too much.https://t.co/3l4sANlSES ...

It was a snap- election gamble that paid off for Japanese Prime Minister Sia Takayichi. Japan voted and now Takayichi has secured a majority in the powerful lower house for her ruling party, the LDP. LDP politicians are now celebrating their wins all across Japan.Takayichi has now received the green light from voters to push ahead with her plans for a more powerful Japan, both domestically and globally. She wants to go bold on government spending and investment and take a tougher stance on immigration and C ...

Core Insights - The discussion centers around the need for the government to reduce spending rather than focusing on revenue generation, which is currently sufficient [3][4] - The narrative from the left regarding economic challenges is countered by highlighting that these issues stem from previous administrations' policies, particularly under Biden [6] - There is a perception gap among Americans regarding economic recovery, with statistics indicating that while some progress has been made, the country has not fully regained lost economic ground [12][13] Government Spending and Revenue - The government is bringing in adequate revenue, but the deficit is attributed to excessive spending [3][4] - A call for Congress to take responsibility for spending cuts is emphasized, as current revenues are deemed satisfactory [4] Economic Recovery and Public Perception - Despite positive indicators such as third-quarter growth and cooling inflation, public perception has not aligned with these realities, largely due to the lingering effects of previous policies [11] - The average American's purchasing power has decreased by approximately 4% from Biden's tenure to his departure, while it has seen a slight increase of about 1.5% under Trump [12] - Homeownership affordability has worsened, with median mortgage payments doubling under Biden, although there has been some improvement under Trump [13] Federal Reserve and Monetary Policy - Senate Democrats are attempting to delay the confirmation of Kevin Worsh, who is expected to align with President Trump's desire for lower interest rates [14][15] - There is confidence that Worsh will ultimately be confirmed, which is viewed as a necessary step to rectify the current monetary policy issues [15][16]

Indonesia’s economy grew faster than expected in the fourth quarter as faster government spending buoyed domestic demand, potentially boosting sentiment after a recent slump in the rupiah and local stocks https://t.co/9cZZo7FULR ...

Instead of trading it in US dollars, what if you just looked at the US stock market, the total value in ounces of gold. The stock market's up in dollar denominated terms. But if you look at the stock market relative to gold, it's actually down.In a democracy like we have for the past 250 years, without adequate constitutional constraints, it has always been the case that over time, government spending goes up. And this is because in a democracy, people ask for their government to do more every year. And as ...

India plans to spend 12.2 trillion rupees on infrastructure in the next financial year, up about 9% from last year, as Narendra Modi’s government accelerates an overhaul of transport and logistics networks. https://t.co/xdhR2MH4wC ...