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wvoorhees.bsky.social
Retired Professor of Public Finance, Director Revenue/Tax Baltimore City PhD- SPEA- Indiana Univ. MS Accounting-SUNY MPA- Georgia State Univ.
76 posts 51 followers 35 following
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@nycbarassociation.bsky.social Just curious when NYC and NY state will be filing grand larceny charges in state court against Secretary Noem?

@indivisible.org Trumpian Dictionary: Transactional Politics, Definition- a type of politics that requires a quid pro quo. Synonyms- bribery, coercion

@hakeem-jeffries.bsky.social Threatening to shut the government down sounds good, but what happens then. Trump has control of Treasury, what stops him from writing checks from un-appropriated funds? At that point, he becomes a dictator. Of course then bonds self-destruct and US is in chaos.

@mayordeegan.bsky.social Kudos to the timely and efficient Building Code Inspection Department. Both inspectors were helpful and knowledgeable, especially Ernest.

@erinburnett.bsky.social Feds will save $85M by eliminating the penny. It will also cost money. Fort-five state and local governments will re-write sales tax laws & modify computer systems costing tens of millions.

@abbyphillip.bsky.social RECESSION! GDP-$29T, US Budget-$6.7, US Budget is 23% of GDP. Musk's reduction of $1T is 15%of US Budget. A $1T reduction in budget means a 3% reduction in GDP. 2024 GDP growth was 2.8%. That does not include multiplier effects. 2.8% -3% = -0.2% RECESSION!!

@chrislhayes.bsky.social RECESSION! GDP-$29T, US Budget-$6.7, US Budget is 23% of GDP. Musk's reduction of $1T is 15%of US Budget. A $1T reduction in budget means a 3% reduction in GDP. 2024 GDP growth was 2.8%. That does not include multiplier effects. 2.8% -3% = -0.2% RECESSION!!

@maddow.msnbc.com RECESSION! GDP-$29T, US Budget-$6.7, US Budget is 23% of GDP. Musk's reduction of $1T is 15%of US Budget. A $1T reduction in budget means a 3% reduction in GDP. 2024 GDP growth was 2.8%. That does not include multiplier effects. 2.8% -3% = -0.2% RECESSION!!

@mkraju.bsky.social RECESSION! GDP-$29T, US Budget-$6.7, US Budget is 23% of GDP. Musk's reduction of $1T is 15%of US Budget. A $1T reduction in budget means a 3% reduction in GDP. 2024 GDP growth was 2.8%. That does not include multiplier effects. 2.8% -3% = -0.2% RECESSION!!

@sanders.senate.gov RECESSION! GDP-$29T, US Budget-$6.7, US Budget is 23% of GDP. Musk's reduction of $1T is 15%of US Budget. A $1T reduction in budget means a 3% reduction in GDP. 2024 GDP growth was 2.8%. That does not include multiplier effects. 2.8% -3% = -0.2% RECESSION!!

@andrewrsorkin.bsky.social I am not hearing anyone ask what a trillion dollar reduction in the federal gov't will do to the economy. Keeping in mind that the fed gov't is 23% of the GDP and a trillion dollar reduction is 14% of the budget.

Mr. Elon Musk, I have 50 years experience in IT, management and performance auditing. Please send me the Read/Write passwords to your SpaceX computers and I will save you a trillion dollars.

@marcelias.bsky.social Dems need to be proactive instead of reactive with DOGE.

@marcelias.bsky.social It is my hope that Democrats have lined up persons with standing in every fed dept. in order to file temporary restraining orders.

@kenmartin.bsky.social I hope the Democrats have a student loan holder or some state with standing ready with a suit asking for a temporary restraing order for DOGE accesst to Dept. of Education.

Welcome to the Gilded Age Redux-"Get rich dishonestly if you can, honestly if you must." A slogan from the first Gilded Age 1870-1890.

@tracymark.bsky.social Fine, and you? What brings you to bsky?

@lawofruby.bsky.social Are the CPA's and IT professionals at GAO not as smart Musk's 20 year olds?

it seems to me that paying both Musk and the GAO (tasked to find waste, fraud & abuse) IS waste and abuse of taxpayer money.

The GAO reports to Congress. They have top accountants and IT professionals that continually look for fraud, waste and resource abuse. Why are taxpayers paying Musk to pretend to do the same with unqualified kids with ties to China & Russia?