Looks more and more likely Trumpolini's Big Ugly Bill will pass, which means now the question is how it will all end up playing out. Obviously the 16M people about to lose their Medical Coverage will be none too happy, but since they're low income people with zero political power their complaints won't bother his Trumpness much. More bothersome will be how the Bond Vigilantes react to the additional $3T in debt he'll have to sell to pay for making the rich richer? Who wwill buy this toilet paper? Perhaps with the Trump brand name plastered on the bonds the MAGAotts will buy them as collector's items?
Anyhow, the operative word of the week is UGLY. It's gonna get ugly out there.
https://www.theguardian.com/us-news/2025/jul/03/trump-budget-bill
'It's harsh. I mean, brutal': Trump bill to cause most harm to America's poorest
RE
‘It’s harsh. I mean, brutal’: Trump bill to cause most harm to America’s poorest
Started by RE Jul 03, 2025, 04:52 AM
Message path : / Society / The American economy / Trumponomics #16
Selected path :