For the first time the CBO is admitting Trump’s tariffs (or threat of tariffs) could cut the deficit by trillions.

DEFICIT: For the first time the CBO is admitting Trump’s tariffs (or threat of tariffs) could cut the deficit by trillions. h/t @WallStreetMav pic.twitter.com/zWbOMhWf2G — @amuse (@amuse) December 20, 2024 The CBO estimates that a uniform increase in tariffs of 10% on all imports would decrease the federal deficit by $2.2 trillion over the next …

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Adapt or Die, Or…?

Authored by Charles Hugh-Smith via oftwominds, Those few who grasp the crisis in its entirety have been marginalized, and those who are left are drifting downstream, unable to move the mass of self-interested inertia even if they wanted to. In eras of stability when little changes, the capacity to adapt takes a back seat. As noted …

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