“Inflation, throughout history, has been used as a pernicious tax.It's like one degree removed, so people don't feel it directly. Then, the politicians will try to blame it on something else.But it's all about government spending.”Elon Muskhttps://t.co/zS3GA35Jej ...

Fiscal Unsustainability & Debt - US national debt is a staggering $37 trillion, and a proposed bill could add at least $3 trillion more over the next decade [3] - The bill under discussion is projected to increase deficits by approximately $4 trillion [8][19][20] - The US is on a fiscally unsustainable trajectory, with Social Security and Medicare facing potential shortfalls in less than a decade [7] - Increased debt could lead to higher interest rates for consumers and the government, impacting borrowing costs for cars, homes, and credit cards [4] Impact of Proposed Legislation - The bottom 40% of the population is expected to be worse off as a result of the bill, potentially losing health insurance and access to food stamps [9][21] - Over 10 million people are likely to lose their healthcare due to the proposed legislation [5] - The bottom 10% could be $700 worse off annually, while the top 1% may receive a $30,000 tax cut, described as a reverse Robin Hood effect [21] Trade War & Inflation - Trade wars and tariffs are expected to worsen inflation [5] - The Federal Reserve (Fed) indicated it would have cut interest rates if not for the uncertainty caused by tariffs and the trade war [5][23] Global Confidence & US Economy - There's a growing concern about declining global confidence in the US's ability to repay its debts [11] - The Fed paused on lowering interest rates due to the uncertainty caused by the Trump administration's sweeping trade policy [25]

Economic Perspective - Inflation is characterized as a detrimental tax, indirectly impacting individuals [1] - Government spending is identified as a primary driver of inflation [1] Political Commentary - Politicians tend to deflect blame for inflation onto other factors [1]

Government Spending & Economic Policy - Government spending should be reduced to maintain American prosperity [1] - The size of government needs to be reduced [1] - The government should live within its means [1]

Economic Perspective - Inflation is characterized as a detrimental tax, indirectly impacting individuals [1] - Government spending is identified as a primary driver of inflation [1] Political Commentary - Politicians tend to deflect blame for inflation onto other factors [1]

How soon do you want to see FEMA eliminated. And what's your message to the governors about how much more an expense is going to fall to states. Well, it's not going to be so much the states.We're going to give out less money. We're going to give it out directly. It'll be from the president's office.We'll have somebody here. Uh could be Homeland Security, but we're going to give it out through a a method where it's given out. As an example, I just gave out 71 million dollars to a certain state.They were loo ...

Core Insights - Solitron Devices, Inc. reported its fiscal 2025 fourth quarter and full year results, highlighting both challenges and opportunities in its operations [1] Fiscal 2025 Fourth Quarter Highlights - Revenue for the fourth quarter was $3.13 million, a decrease of 22% compared to $4.00 million in the same quarter of fiscal 2024 [5][8] - Net bookings increased significantly by 301% to $8.92 million from $2.23 million in the fourth quarter of fiscal 2024 [8] - The backlog rose by 62% to $18.11 million at the end of the fourth quarter compared to $11.21 million at the end of the fourth quarter of fiscal 2024 [8] - The company reported a net loss of $0.37 million, or $0.18 per share, contrasting with a net income of $5.80 million, or $2.78 per share, in the fourth quarter of fiscal 2024 [8] Fiscal Year 2025 Highlights - For the full fiscal year 2025, net sales increased by 10% to approximately $14.05 million from $12.76 million in fiscal year 2024 [8] - Net bookings for the year rose by 62% to $20.76 million compared to $12.84 million in fiscal year 2024 [8] - The backlog at the end of fiscal year 2025 was $18.11 million, up 62% from $11.21 million at the end of fiscal year 2024 [8] - Net income for fiscal year 2025 decreased to $0.82 million, or $0.39 per share, from $5.80 million, or $2.78 per share, in fiscal year 2024, which had benefited from non-recurring events [8] Market and Product Development - The company experienced substantial bookings related to major defense programs, with expectations for future production levels to increase, particularly for the AMRAAM and HIMARS programs [4] - There is a growing interest in new product development, including silicon carbide, with various prototypes being tested for potential customers [6]