red viking

Existing debt is part of it but GOPs most reckless budget proposal EVER is icing on the cake.

Its also impossible to give exact amounts because shipping costs are now impacted. There was limited shipping from China the past few weeks and lingering long term concerns so we now have a shipping bottleneck while traders take advantage of the lower tariffs, which aren't even that low anyway.

Nope. Can't give exact amounts yet. It's imminent though that it will cause significant issues. I'll trust the economists over idiot wingers from fix news.

It will hit the news hard within a few weeks. Exact amounts will vary by product

Its a dumb question to ask for an example when there are thousands and you know it. Not wasting my time with that nonsense.

They all matter. China for example is our 2nd biggest trading partner so even a 30% tariff on almost all their goods is gonna be a big problem. You'll see...

They're still pretty high, and only temporary. The tariffs have been changing on a weekly basis. The added uncertainty re: the future is also creating problems.

Due to GOPs out of control proposed budget deficit.

I'm talking about the price hikes from the tariffs. Vast majority of it hasn't worked its way to the consumer yet.

Moodys just downgraded u.s. credit rating due to GOPs proposed out of control deficit.

Tariffs haven't hit the consumers yet. Very soon though....

Price hikes from the tariffs will hit soon. Starting to hit already but barely. Much more to come...

Yet another strawman. A dime a dozen for the wingers...

I can buy again when it tanks. I typically catch it on the way down. It's very hard to time the exact bottom.

Probably not quite that bad since diaper Donny is caving to China.

No short sell. Just freed up some cash for the next plunge. It will happen.

Funny. The right only cares about the debt when democrats are in power. The hypocrisy of the rt stinks to high heaven.

Most of those are small programs and many have already been cut a lot in recent years. More bang for buck to go after the big stuff. You'll barely make a dent if you don't go after military (I see you have that) but also ss and medicare.

This problem continues to get worse. Bond yields are highest they've been since February and they were only slightly higher back then. Big part of this is the reckless budget being proposed by the GOP. Zero financial discipline or paying attention to the deficit.

That's a 100% lie. I'm OK with REAL spending cuts. Not this B.S. of cutting DEI and Dept of Education and NPR. Let's make some major cuts to big programs, like military. I'd completely gut our military. I've said that countless times. I'd also eliminate ALL foreign aid, especially to genocidal leaches like Israel. I'd also be fine with cutting funding to Ukraine too though. I've also implied or stated that I'd be OK with modest cuts to social security. People w/ several million dollars don't need it. I've stated all of these, in most cases several times. The wingers hypocrisy and lies are a dime a dozen.

Total strawman argument. Nobody is proposing that. I think a slight tax increase, especially on the middle class, is very reasonable. Unless you want to gut social security and medicare. News flash: we have a big deficit problem.

Dumb to cut taxes when you have a runaway deficit, unless you cut spending WAY more than taxes. The wingers only are willing to cut extremely small programs though. DOGE was a joke. Hands off of ANYTHING that makes up any significant % of the budget. Focusing all the cuts on microscopic programs like DEI, planned parenthood, USAID,NPR, and DOE is more pathetic than the diapers covering Trumps fat rear end.

Bond yields highest in 3 months today. Probably has something to do with GOPs blatant disregard of their runaway deficit spending.

Fact: GOP IS THE PARTY OF RUNAWAY DEFICITS. NOT EVEN OPEN TO DEBATE. THEY KEEP SELLING THE BS "REDUCING TAX RATES INCREASES REVENUE" KOOL AID AND IDIOT WINGERS KEEP BUYING IT DESPITE ALL DATA PROVING OTHERWISE.

PhD economists