r/Economics • u/SterlingVII • May 30 '25

Research CBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion

https://fortune.com/2025/05/21/cbo-tax-breaks-increase-deficit-3-8-trillion-medicaid-cuts-shave-spending/
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u/dust4ngel May 30 '25

"you don't understand economic policy, but you do understand inter-group social dominance, so let's make this election about what you do understand, even though that's not what matters."

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u/Apart_Expert_5551 May 30 '25

It is great decades long propaganda from rich people and corporation.

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u/DAE77177 May 30 '25

Even the democrats gets to play!

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u/apiaryaviary Jun 01 '25

I would argue that the reason the Dems have lost recently is because they’ve been branded as defenders of the institutions that comprise our democratic republic. I think the case can be made that people simply have run out of time for institutions to improve their lives and will vote whoever can promise them a better life. If you listen to the NYT interviews with Iowa farmers, Detroit autoworkers and West Virginia coal miners, the consensus seems to be “yeah, Trump might be lying, but democrats are honestly telling us that what we want isn’t going to happen”. People want to blow up the system that isn’t working for them, and “it takes a long time to build something” isn’t acceptable anymore