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In reply to the discussion: America is 'going broke slowly' says J.P. Morgan, as national debt balloons and tariff revenue looks shaky [View all]Johonny
(24,955 posts)36. Let's cut taxes for rich people more
and see if that fixes it.
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America is 'going broke slowly' says J.P. Morgan, as national debt balloons and tariff revenue looks shaky [View all]
Historic NY
Oct 19
OP
Damage will become evident to magats long after trump exits..theyll blame Dems
BlueWaveNeverEnd
Oct 19
#15
Why do you say that? Explain specifically with reference to David Kelly, Ph.D.
Bernardo de La Paz
Oct 19
#9
There are enough people actually responsible that we don't have to scatter-shot toss blame around
Bernardo de La Paz
Oct 19
#23
No. Nothing in the statement makes it sound like "income from other countries".
Bernardo de La Paz
Oct 19
#16
Dave Ramsey talks about getting out of debt. You make the hole (debt) smaller paying it down. You stop the hole from
3Hotdogs
Oct 19
#12
Huh. With dozens of criminal finance geniuses in charge, sucking our blood dry with interest and fees
librechik
Oct 19
#14
Please reference the specific report you saw about who they supported for president.
Bernardo de La Paz
Oct 19
#20
Please show specifics. I've searched (have you?) and I'm not finding support for your contention.
Bernardo de La Paz
Oct 19
#44
Your contention is NOT supported by facts. My facts show that Morgan and Dimon were neutral.
Bernardo de La Paz
Oct 19
#46
My facts show roughly equal funding and no endorsement. You have no facts.
Bernardo de La Paz
Oct 19
#48
Kelly, not Walker. Where do you get Walker involved in this? Not a hint of JP Morgan in Walker's bio.
Bernardo de La Paz
Oct 19
#37
And yet Morgan has been the team that promoted $trillion tax cuts for the richest Americans
dlk
Oct 19
#27
Link please. Kelly rightly condemns tariffs for being a regressive tax that hurts the poor
Bernardo de La Paz
Oct 19
#43
Your claim about JP Morgan could not be backed up with credible facts. I am judgemental about unsupportable claims. . nt
Bernardo de La Paz
Oct 19
#51
JP Morgan, March 3, 2025, month before announcement & two before implementation,
Bernardo de La Paz
Oct 19
#53
Your second paragraph nails it, ... the historically unsustainable concentration of wealth & income in the 1%. . . nt
Bernardo de La Paz
Oct 19
#40
But not the size of debt that the service on it... costs more than the Pentagon.
WarGamer
Oct 19
#55
In 1936, conservatives sought to use mandatory taxes to close a deficit... in an attempt to kill the new deal.
WarGamer
Oct 20
#60
So you'd prefer automatic spending cuts, which is what conservatives want to do TODAY.
W_HAMILTON
Oct 20
#62
BILLIONAIRES ARE LOOTING THE US Treasury, thanks to TRUMP and his GOP accomplices!
Jack Valentino
Oct 19
#58