I think this is way too complex for the common 'American'. They cannot / will not spend the time to understand tariffs, the reasons for high priced eggs
the pros / cons of high oil prices (only w/ $$$/bbl would energy companies invest in a new refinery)
The reality is that any competent financial executive knows how to reduce debt. It may take time and require discipline (and some hard choices), but the “formula” is not complicated. Big hint: punitive tariffs are not part of that formula.
Does the bond market trust this man to pay his bills in a timely manner? That is the question, isn’t it? Let’s look at Trump’s previous behavior as an indicator of future performance. Yeah.
My finger is poised over the button to sell my bonds.
Same old story. Rinse and repeat. Rs explode deficit with tax cuts and only make performative spending reductions. Ds come in and clean up fiscal house only for Rs to trash the budget again. Yes, attack debt, but do it from the revenue side.
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And they have synergies
the pros / cons of high oil prices (only w/ $$$/bbl would energy companies invest in a new refinery)
lead time to bring mfg back to US etc
My finger is poised over the button to sell my bonds.
Because while they love to cut benefits they also avoid taxing the wealthy which raises the deficit massively.
I wish they actually did care about the deficit.