SG Talk

The big assumptions that underpin that projection go something like this:

1) Tariffs will produce trillions of dollars in revenue without hurting US economic growth.

2) Courts allow the White House’s sweeping deregulatory agenda, including DOGE cuts, to go forward.

3) Business investment surges, even after the front-loaded corporate tax incentives expire in a couple years.

4) Backloaded spending cuts remain in place over a four-year period and Republicans secure major discretionary spending cuts that will require Democratic support.

You can see the sheer number of variables, many outside of Trump’s control, in here in those assertions.

(06-06-2025, 04:15 PM)Levin Wrote: [ -> ]The big assumptions that underpin that projection go something like this:

1) Tariffs will produce trillions of dollars in revenue without hurting US economic growth.

2) Courts allow the White House’s sweeping deregulatory agenda, including DOGE cuts, to go forward.

3) Business investment surges, even after the front-loaded corporate tax incentives expire in a couple years.

4) Backloaded spending cuts remain in place over a four-year period and Republicans secure major discretionary spending cuts that will require Democratic support.

You can see the sheer number of variables, many outside of Trump’s control, in here in those assertions.

Trump promised his supoorters big tax cuts and will just go ahead and do it regardless of the consequences.

There is no truth or logic from White House just cock and bull.

Even if the bond market sinks he will .blame it on Biden or China etc.

This chart is called the gold vs real rates chart.

When people trust govt bonds less people buy gold and gold just tracks the "real rates". 

Economist looking at this are really alarmed. Many holders of USD now prefer gold to govt bonds. 

Trust is fading...some kind kf credit event can happen.

100B+ cuts in spending per year

300B+ cut in revenue per year

1T Budget office projects GOP's big bill over 10 years will cut taxes by $3.7 trillion and add $2.4 trillion to deficits
Associated Press
2 days ago
Budget office projects GOP's big bill over 10 years will cut taxes by $3.7 trillion and add $2.4 trillion to deficits.

Tax cuts are for the rich people including himself who are paying high income taxes.

After tax cut where will the U.S. government get money from? Tariffs