Thread 60611524

TRUMP IS RUNNING A BUDGET SURPLUS FOR THE FIRST TIME IN 20 YEARS

>>60611524 (OP)
Thats my fucking president right there

I'm starting to wonder if a shuffling geriatric corpse acting as the frontman for a bunch of DEI and intelligence agency scammers was not the optimal political structure for the most powerful country in human history.

>>60611538
who knew right?

>>60611524 (OP)
Imagine how much better it would be if Kamala was president. Trump is destroying our economy

But as a Bitcoin holder, I want the US government to be running a deficit.

>we have some extra leftover money we can give to Israel this year
I dont give a fuck about "le surplus" fedora libertarian shit - how the fuck does this benefit any citizen of America?


Housing is still unaffordable and my city is filled with niggers a fags

>>60611595
I’d rather we buy most of the land in China or Russia and build the worlds largest Walmart

>>60611604
>I’d rather we buy most of the land in China or Russia and build the worlds largest Walmart
Republicans will spend it on gibs (for obese browns only no white men need apply!!) and relocating Palestinians to Wisconsin because they are doo dangerous to remain near Israel

>>60611609
>Republicans will spend it on gibs
Pretty sure cutting democrat gibs is part of what got us the surplus.

>>60611581
>Trump is destroying our economy

Works on my end.

In theory, these two concepts are linked in that a government deficit can lead to an increase in the money supply by creating new currency for spending. For example, when the government runs a budget
deficit and chooses to spend this additional money into circulation through loans or other means (such as building infrastructure), it increases the amount of circulating money within the economy. However,
not all money in circulation comes from government deficits; some is also created through commercial bank lending (the process by which banks provide credit to individuals and businesses).

Thus, as a Bitcoin holder, it is in my best interest for the US government to rack up a large deficit.

That's thanks to DOGE. It will be a deficit again when the big beautiful bill spending starts kicking in.

>>60611613
>Pretty sure cutting democrat gibs is part of what got us the surplus.
only cutting gibs to white NEET males, get back to work wagie - gibs are for Tyrone and Laquisha ONLY!

Also this is literally fake news. Shame on you for assuming anything a politician says is true.

>>60611581
the economy was already dying
we need to accelerate so that we can replace it with something better

Ah, yes, and your average living quality?

The Cult of the Black Phallus- practiced and retained by the esoteric doctrine of the ruling class

The Elites have taken an oath to subjugate all of humanity and have been operating thereforth since the fall of Atlantis

Fascism's Manifesto: The husbandry of Everything and Everyone; the unified cult pledge and they all love peepee

The Erected Obelisk therefore represents dominion seized, considering the sun doesn't set on this Animal Farm in veneration to the men of Oz

These staged billionaires, ministers and politicians are just a means of narrative building, P R - the gradual acclimation for slaves to accept the world that is to cum

you will swallow and you will be happy

>>60611538
this is extremely anti semantic

>>60611524 (OP)
Hahaha what fucking braindead moron even believes this for half a second,?

>>60611529
>>60611538
The orange pedophile and his mixture of oligarchs and religious freaks will surely pan out.

>>60611524 (OP)

do we believe statements like this even for a nano second?

many strikes against

>on /biz/
>(allegedly) on Twitter
>(allegedly) said by someone
>even if it was said by someone
>especially if it was said by Someone

>>60611680
I don't give a fuck about NEETs.

>>60612047
>>60612095
>The Treasury Department noted that the month benefited from calendar adjustments, without which the deficit would have been $70 billion.
It's partially-true headline clickbait, as you would expect.

>>60611681
Leet trillion dollarinos, uhhh based

>>60612085
This poster is european, everyone laugh at him.

>>60611680
You know what's funny is that I used my medicaid to get new shit for free and then went back to work.

>>60612085
It's honestly going better than I ever dreamed.

>>60611524 (OP)
https://www.usdebtclock.org/

The debt is 14 digits though.

>>60611524 (OP)

Here’s the funny part: its because Medicaid money gets taken out on Tuesday due to July 4th this year. It’s literally like saying you have a budget surplus two days before your mortgage is due

>>60611524 (OP)
covid level budget in non-covid times

>>60611595
Surplus means "no money printing", retard.

>>60611529
gay

>>60613529
no it doesn't lol

>>60612085
Best president of my life desu

>>60611681
>1337

nice

>>60611524 (OP)
>>60611529
He’s the first crypto president too!

>>60611581
@grok, is this true? Answer in short form.

>>60614080
The claim that "Trump is destroying our economy" is exaggerated. Economic indicators show mixed results: GDP growth is solid at 2.8% last quarter, unemployment is low at 4.1%, but tariffs and policy uncertainty have increased inflation risks and market volatility. Some economists warn of potential recession if current policies persist. Kamala Harris’s proposed policies, like tax credits and housing initiatives, aim to support the middle class but could add $3.95 trillion to the debt by 2035, per estimates. No clear evidence her presidency would be "much better" economically.

>spent trillions of dollars
>Saved 5 cents

>>60614096
kek you don't know what a surplus is.

>>60614098
Explain it to me

>>60614119
You save more than you spend.

>>60614123
I save more than I spent? Like if I set a budget and I saved more than I planned to spend. Like then how is my initial statement wrong? Huh??

>>60614128
>how is my initial statement wrong?

Your initial statement implied he spent more than he saved.

>>60611524 (OP)
I would love to see Elon Musk's face right now. That fucking nigger made such a stink over the debt ceiling while Trump is doing exactly what he said he would do, reduce the deficit.

>>60611524 (OP)
Yea this after BBB passes and they add a shitton to the overall debt while bailing out REPO and Buttcoin tearing over a new one. I don't buy it, sure he has the dosh but I am pretty sure he stole that from my purchasing poower.

>>60611524 (OP)
First surplus in 20 years only for it to all be instantly wiped out by Trump's BBB. No wonder Musk got mad.

>>60614168
>>60614195
The BBB raised the spending limit.
It didn't actually spend anything in and of itself.

You're just a couple of browns upset that Trump is deporting your kind.

He's doing this by destroying social programs.

>>60614258
Good. Those were only for tranoids and porch monkeys anyway 99% of the time.

>>60614281
No, they were all going to red states. Republicans are going to lose everything in 2026. They're already projecting a 100 house seats being vulnerable.

>>60614291
It was also heavily ((((projected)))) Trump would lose

>>60614295
Not really, the polymarket faggots gave like an 80% chance trump wins or some shit

>>60614297
I'm talking ((official)) sources really. Polymarket was also nearly split and only shifted heavily like that once it was obvious as election night went on.

>>60614291
Red states.... AKA where all the jobless niggers live

>>60611680
They seem real mad about neets almost as if the unemployment numbers are a lie and young people mainly males are actually just giving up on waging.

>>60611524 (OP)
>since 2005
Nice, exactly two years to go all-in and sell with the long-term capital guns bonus before the next Great Recession begins

>>60614581
The NEET infuriates the conservatard

Trump is great. He really makes yuropoors seethe more than anything.

Financial engineering

>>60614258
Which is the only way to realistically do it

1.5t medic, 1.5tss, 1.3t interest payments, 900b military

Those are the biggest expenses, you could cut literally everything else and it would still be a deficit. The only path is cutting Medicare or social security and personally my preference is Medicare because it's more welfare-y.

>but people will die
Yes but the choice is not people die or people dont, the choice is people die today even more people die tomorrow when it inevitably goes tits up, its the trolley problem on a massive scale

>>60614140
Elon, like many of African descent, relies on entitlements from the government: welfare, or "gibs" as the kids say.

this is extremely bearish for crypto btw

>>60611524 (OP)
Surplus for the month?

How can you have a surplus when you have debt?

If my credit card bill is $10,000 and i get a $150 dollar bonus check that I normally don't receive, do I have a surplus?

>>60615600
it's a budget surplus, not a debt surplus. it's based on actual vs budget spend for the fiscal period. it has nothing to do with how much debt there is

Taxing the rich works.
>noooo not like that
I know, I know.

>>60615692
turns out you can just tax (tariff) other nations' citizens who want to sell stuff into your countries

>>60611595
If you move away that’ll be one less fag in your city.

>>60611524 (OP)
its a scam right?
They are running a *surplus* by printing money out of thin air?

I dont care enough to research it, but I just assume this is bullshit & youre all fools.

>>60615861
no, you can't cause your actual spend to be below your budgeted spend by printing money it doesn't work like that lol

>>60614082
>Harris's proposed policies could add $3.95 trillion to the debt by 2035
Trump's BBB will also add trillions to the debt in 10 years, and that doesn't do nearly as much to support the middle class.
>>60615795
Which then just gets passed onto Americans in the form of a regressive consumption tax.
>>60615861
It's bullshit because of weird date fuckery, not because they're printing money. The Treasury admitted themselves that if there hadn't been "calendar adjustments," they would've had a $70 billion deficit for the month.

>>60611524 (OP)
i remember in the late 90s it was so cool we posted consecutive years of surplus but the national debt STILL went up 20%. amazing.

>>60613529
>t. an actual retard

>The Treasury Department noted that the month benefited from calendar adjustments, without which the deficit would have been $70 billion.
lol

>>60611591
Nah. Bitcoin adoption is happening whether there's a deficit or not. I want the dollar to be reasonably stable so that my BTC's actual buying power increases over time.

If you look at
https://farside.co.uk/btc
in the last two days, ETF inflows resulted in the purchase of over 10,000 (Thursday) and over 8,750 BTC (Friday). There are roughly 450 BTC of new supply mined daily. At the current average inflow rate of dollars, BTC will hit $300,000 per unit just to stabilize against the ETF inflows. And these figures don't include the "corporate treasury" companies that are buying even more.

It's just a matter of time now. Slow and steady means that there won't be a parabolic blowoff and a subsequent crash. Dollar devaluation erodes your purchasing power if BTC is measured in dollars, so a stable dollar with "2% inflation" (hah) is also for the best.

>>60614717
Being a NEET or suspected NEET infuriates everyone, but boomers especially.
I've done the NEET thing, you end up seeing it as wasted time, but I still don't think everyone should be slaving away working for someone else. People have all the tools they need at their disposal and should be figuring out ways to make money other than 9-5 for someone.

>>60611524 (OP)
first June monthly surplus in 20 years. we have a surplus basically every april and once every year or two on other months

Awsome! with everything going on these days this is a real relief

Are they gonna mail out checks again so each citizen gets a "slice"?

>>60611524 (OP)
Of course plenty are saying it's passed on to the consumers.
Makes you wonder who are the biggest consumers, the people living paycheck to paycheck or the guys buying yachts and sports cars.

>>60616129
>passed on
>REFUSES TO BUY IN YOUR PATH

In reality globocorp spent 40 years maxxing out how much people would pay for junk.
You think $180 Nikes are based on cost?
No. They are based on EXACTLY how much retards can/will pay.
So guess what...
>checks Nike stock
Yea, they are down forever since tariffs started because they have nowhere to raise the prices to because they were predatory to start.