US records first budget surplus in 20 years

This is a legit concern. Ai and robotics will be able to eliminate a lot of jobs for sure. Im hopeful for a soft landing. Im hopeful in the species in general if a little pessimistic on our particular place as the world hegemony.

as i understand it this is a meaningless number that only happened because of when some payments were sent out, it allowed some expenses to show up on the books in may when they were actually the expenses for june. comparing fiscal year surplus/deficit is the useful way to look at it in this situation.

allegedly

Way to show up to the thread late with old news, big smart sexy guy with really funny jokes

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WWIII will eliminate a lot of competition for jobs.

Well, at least you know me!!!

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He has stated that while he worked for soros fund, he was under Stanley druckenheimer the majority of his time there and had minimal interaction with soros. This is an example of the corporate media constructing a narrative that retards guzzle down without proper research.

fuck ya free money from freeloading countrys

That’s exactly how it works!

You guys whine when the country runs a deficit, now you whine when there is a surplus! LOL

I fully support the tariffs

In the long run, we will benefit

These implied threatening posts like this makes me want me move to Afric@ and shit

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if we sold illegals as slaves we’d have a major surplus

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Our homegrown consumer base is the biggest driver of our economy and also why we have so much leverage with tariffs, everyone wants to sell Americans shit.

Expanding our consumer base by giving the working class better jobs will help us

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Good
Automation is much better than imported immigrant labor subsidized by tax payers

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The low birth rate in the west has eliminated more competition for jobs than both world wars combined. The population everywhere in the world is aging rapidly

Thats what happened in Japan and they’re better for it.

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This is where we disagree. If I thought that was the case I would agree with you. Reality doesn’t support it, though.

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You guys have to make up your mind if tariffs are about leverage, job creation or revenue. It can’t be all three.

The EU-UK market is the same size as the US market. By introducing tariffs you shut it off for a gain in wages for the few. Whatever you gain in domestic output you will lose in export output, while your cost of living goes up.

Treating fair trading Western countries the same wayl you treat unfair trading nation like China makes no sense. It’s emotionally satisfying, but economically dumb.

The average american was doing better before jobs got shifted overseas.

Its not even debatable that it hurt the average american.

The only debatable part now is whether they can even get that back.

I do agree that heavy tariffs on EU/UK doesn’t make sense as they’re on similar footing.. EU/UK don’t have some built in advantage when it comes to production costs. So if domestic USA company cant compete then they’re better off importing but thats not the case for 3/4s of the world due to currency, wages so low they’re essentially slave labor and countries with essentially zero regulations.

They should be shooting for free trade with guarantees related to minimizing trade deficits from first world economies they’re military allies with.

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NAFTA destroyed our middle class. Virtually everyone was better off before that agreement except for a few investors

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the current status quo of the global markets is everyone tax the fuck out of american imports, and get free trade in return.

It would be better for Americans if that was closer to equal footing.

And yes tariffs are about all 3 things, job creation, leverage and revenue. Its a bit complicated.

Tariffs are also coinciding with other actions such as those we see against illegal immigration, the coupling of these actions is a massive benefit to this hopefully burgeoning middle class.

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