Dustin McGivern
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djmac.bsky.social
Dustin McGivern
@djmac.bsky.social
Former Physicist and finance-type. Not very chatty, mostly here to listen and learn. Will try to post the occasional thread on the most interesting thing I read each day, probably politics and democracy related.
Funding our own defence against Russian aggression is a completely different proposition.
March 22, 2025 at 10:27 AM
And they have overwhelmingly found that tax cuts for the rich never produced enough extra economic activity to offset the cost of the tax cuts. Every bond market investor knows this. So when Truss stood up and said she believed in fairies and unicorns, they understandably ran for the hills.
March 22, 2025 at 10:27 AM
Unfunded tax cuts for the rich with no plan for investment/growth was always gibberish. Thatcher and Regan got away with that type of silliness because nobody could instantly refute the trickledown hypothesis. It sounded plausible. But that was 40yrs ago. Economists have bothered to check since then
March 22, 2025 at 10:27 AM
The bond markets reaction to Liz Truss’ kamaqwarsi budget was a perfectly rational response to a completely different situation.
March 22, 2025 at 10:27 AM
Spread the cost across the spectrum in a vaguely fair way and people will accept it. Lump it all on one group of people (especially the most vulnerable in the country) and you’re going to haemorrhage support.
March 22, 2025 at 10:27 AM
Reposted by Dustin McGivern
It should be very clear to every Senate Democrat that any vote for Cloture will also be considered a vote for the bill.

People aren’t going to be tricked with procedural games.

They know exactly what is going on.

Defend Medicaid.
Vote NO on Cloture.
NO on bill.
March 12, 2025 at 2:20 PM