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originally posted by: Boomer1947
originally posted by: putnam6
So we approve another huge aid package to Ukraine and according to Trump Zelenskyy wants to meet with him at Trump Tower.
All I have to say is be careful there Teflon Don, no doubt if this occurs the Left will squeal like little pigs.
Has anybody else heard this, and what does our UK and European contingent think
x.com...
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BREAKING: Trump just announced that Zelenskyy has requested to meet with him tomorrow at Trump Tower, and he has accepted the meeting to talk about negotiating the END of the war between Ukraine and Russia
Even Zelenskyy knows Trump's return is imminent. Other world leaders are also scrambling to set up meetings with Trump.
The aid package wasn't "huge". It was 7.9 $Billion. That's about 0.03% of our GDP. Approximately the same amount we spend on potato chips per year.
How Revenue Relates to the Deficit, Debt, and GDP
The government's annual income doesn't cover its spending, which was projected to create a $1.8 trillion budget deficit in 2025. Deficits add to the national debt.2
Many argue that Congress should only spend what it earns, but that depends on where the economy is in the business cycle. For example, some argue Congress should use deficit spending to expand economic growth in a recession and stimulus spending to create jobs. Once the recession is over, the government should then switch from expansionary to contractionary fiscal policy because it's the best time to raise taxes and reduce the deficit and national debt. It also keeps the economy from overheating and forming dangerous bubbles.
Note
The government's 2025 tax revenue projection is roughly 18.7% of gross domestic product (GDP), which is a measurement of a nation's economic output.1
originally posted by: vance2
And right here, I disagree with Trump. Ukraine has a right to keep all of its borders intact. If he feels that way, maybe he can live by example, giving me "just a little bit" of his properties in Florida 🙄a reply to: WeMustCare