Loading ...Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record
Sorry Elon, there is no stopping this train…
We thought last month’s US budget deficit was bad. Boy, were we wrong.
It is only fitting that the twilight days of the Biden admin would exhibit more of the same fakeness that defined not only all of the past four years, but certainly the fakeness of that Kamala Harris presidential campaign which had a billion dollars a month ago and ended up in failure, broke… and millions in debt. We are talking, of course, about the relentless debt-funded spree that somehow became synonymous with economic success in the US.
According to the latest Treasury data released today, in November – the second month of fiscal 2025 – the US spent a massive $584.2 billion, a 14% increase from the prior year, and a record for the month of November. For those who remember out outrage from a month ago, will also remember that the latest deficit number follows what was also a record government outlay for the month of October.
Yet another example of ANYTHING and EVERYTHING to keep Trump locked down and unable to govern upon inauguration!
I keep saying Trump is going to have a tough few years. The US is weak economically, socially and militarily. It’s imperative that he focus on reform and retrenchment, neither of which makes a president popular. He will chafe under the limitations. For example, I’m sure he has learned by now that the terms of peace in the Ukraine will be dictated by Russia. Trump’s should agree to those terms. Will he?
Yes he will…It’s job One
Meanwhile Think about what Chainsaw Milei in Argentina was facing
10,000 times worse….and already he is on the road to a complete turnaround and is still very popular
Trump is tenacious. He has seen and experienced just about everything since 2016. Short of ICBM’s with nuclear warheads from Russia or CCP, he won’t be phased by the cheap shots the dems. are throwing at him now.