Deutsche Bank: U.S. Economy is Experiencing 'death by a thousand cuts'

Wednesday, May 21, 2025

America's soaring national debt, now over $36.2 trillion, has triggered growing concern among economists and credit agencies like Moody's ...

Posted by retort at 11:09 AM | 12 COMMENTS | permalink | Comment on This Entry |

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Trump's assault on the global dollar | Opinion https://www.ft.com/content/d9656820-0b3e-46e7-97c9-b6684d558776

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-- Financial Times (@financialtimes.com) May 20, 2025 at 1:26 PM

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Tax the rich. Simple.

#1 | Posted by Zed at 2025-05-21 11:32 AM | Reply | Newsworthy 1

More importantly, will Leon Trusk get their tax cuts?

#2 | Posted by censored at 2025-05-21 11:35 AM | Reply

Nothing like a little DOGE destabilization to help things out /sarcasm

#3 | Posted by hamburglar at 2025-05-21 11:48 AM | Reply

"Now, people ask me all the time how we got four surplus budgets in a row. What new ideas did we bring to Washington? I always give a one-word answer: Arithmetic."

Former President Bill Clinton

#4 | Posted by SomebodyElse at 2025-05-21 11:49 AM | Reply | Newsworthy 1

U.S. Economy is Experiencing 'death by a thousand cuts'

That's a feature, not a bug.
--Republicans

#5 | Posted by snoofy at 2025-05-21 11:57 AM | Reply

Tax the rich. Simple.

#1 | Posted by Zed at 2025-05-21 11:32 AM | Reply | Flag:

Get a job and stop leaching off others. Simpler

#6 | Posted by fishpaw at 2025-05-21 12:41 PM | Reply

"Now, people ask me all the time how we got four surplus budgets in a row. What new ideas did we bring to Washington? I always give a one-word answer: Arithmetic."
Former President Bill Clinton

#4 | Posted by SomebodyElse at 2025-05-21 11:49 AM | Reply | Flag:
(Choose)
| Newsworthy 1

cut welfare and no wars

#7 | Posted by fishpaw at 2025-05-21 12:43 PM | Reply

Get a job and stop leaching off others. Simpler
#6 | Posted by fishpaw

You have a job?
I think you're lying.

#8 | Posted by snoofy at 2025-05-21 12:43 PM | Reply

Trumpers will never blame Corporations for not paying a Living Wage... they do what they are told and blame workers for being 'stupid and lazy'.

#9 | Posted by Corky at 2025-05-21 03:01 PM | Reply

So now, to save money, Trump wants to cut 1 trillion dollars from Medicaid so that only the poorest Americans will pay for his big beautiful plan to give billionaires more billions of dollars. America. We deserve the drubbing Trump has exposed us to.

#10 | Posted by moder8 at 2025-05-21 03:19 PM | Reply

"Trumpers will never blame Corporations for not paying a Living Wage
#9 | Posted by Corky"

The labor market is driven by supply and demand. If you allow 20M illegal, unskilled workers to flood the labor market, it suppresses wages. When you dipshits fight tooth and nail against tariffs and other programs to bring manufacturing back to the US and then run to buy cheap Chinese crap - YOU are the problem. Not corporations.

#11 | Posted by ScottS at 2025-05-21 07:34 PM | Reply

"Trump wants to cut 1 trillion dollars from Medicaid
#10 | Posted by moder8"

Making able-bodied people actually work so they can receive welfare benefits is 100% logical and should be expected in a functioning society. Once the people understand that it is not a cut - it is forcing able-bodied people to work, this will also backfire on Democrats - especially when informed Dems want to tax working people on their tips and OT.

#12 | Posted by ScottS at 2025-05-21 07:36 PM | Reply