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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: UpNorthJoe   😊 😞
Number: of 75971 
Subject: Re: Extending Tax Cuts Adds $4T to Debt
Date: 03/22/25 10:42 AM
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"This is equivalent, as one story I read says, of going on vacation at a $1000 a day resort, then coming home and saying “I can still spend an extra $1000 a day because I’m not on vacation anymore.”

Brings me back to a conversation I had with a MAGA in 1st Trump admin. They were salivating
over the TAX CUTS that would lead to a DECREASE IN FED DEBT. I laughed and told them I'd be glad to discuss this in a couple of years. At that time, the DEBT HAD INCREASED, of course.
Silly me, thinking they were rational, brought up the topic with them. The response was
"well, it would have brought the debt down, if they'd decreased spending lower the tax cuts
reduced revenue ". I'm like, no shit, but MAGA did not do that. They never do that.

It's like talking to meth heads.
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