Sounds like the uniparty made a deal and it’s not going to help the people with inflation. The banks will suffer and so will the people. Our government is and has been out of control on spending.
I’m a new paid subscriber. Intriguing analysis. I didn’t get how McConnell kneecapped the current Congress with last year’s budget. How did last year’s budget constrain current negotiations?
I suppose because this years Congress should have held the purse strings, which would have given them negotiating power over the Executive branch, but instead of that traditional setup last years Congress gave the Executive this year an unusual gift of a budget. So the current Congress doesn't have the ability to negotiate with the Executive by saying well if you do that then we won't give you money for it, etc.
Good commentary, but default will be the means to justify the move to CBDC--which is still in development. The uniparty will find a way to raise the debt ceiling and kick the empty economic can a bit further down the road.
Sounds like the uniparty made a deal and it’s not going to help the people with inflation. The banks will suffer and so will the people. Our government is and has been out of control on spending.
I’m a new paid subscriber. Intriguing analysis. I didn’t get how McConnell kneecapped the current Congress with last year’s budget. How did last year’s budget constrain current negotiations?
I suppose because this years Congress should have held the purse strings, which would have given them negotiating power over the Executive branch, but instead of that traditional setup last years Congress gave the Executive this year an unusual gift of a budget. So the current Congress doesn't have the ability to negotiate with the Executive by saying well if you do that then we won't give you money for it, etc.
Good commentary, but default will be the means to justify the move to CBDC--which is still in development. The uniparty will find a way to raise the debt ceiling and kick the empty economic can a bit further down the road.