For this guy to say that agent orange understands the intricacies of government spending is laughable. Dude had to have 1 pagers of briefings. The Heratage Foundation is telling him how to move.
No kidding. If this came up during the Bush admin, with Cheney getting a $2million/year pension from Haliburton and surprise, surprise Haliburton got lots of money to do work in Iraq...including providing 'potable' water that made people sick and people saw worms in fresh water in toilets
Why can't we all just pay the tariff like good underlings so we can fund this Tax cut for the Wealthy. Life has been hard for them. Lets give them our earnings. They know how to to spend it better than us.
Top 1% pay 45 %, top 5 % pay 65% of taxes under trumps tax cuts. Trumps cuts have brought in the most revenue. Please stop with bad sarcasm. Just think realistically. Trump dropped repatriation of foreign money from 30% to like 8%. His tax cuts make sense. Who in their rite mind would give up a third of their money. Same with company tax. Believing in democrats scare tactics only makes you a scared lil gurl
Cut the salaries of congress, president, cabinets, supreme court judges, stop bailouts of banks, oil companies, stop tax cuts for millionaires, ceos, and dept heads. That would be a good start .
After WWII the US Debt declined year-in year-out for decades through Republican and Democratic administrations from about 110% of GDP at the end of WWII to 30% of GDP by the time of Reagan's election. Then, on January 20 1981, Ronald Reagan was inaugurated on a promise to eliminate the national debt (which was unnecessary at the time) by CUTTING TAXES, that was where it all fell apart. Since that time, up until today, Republican's matra is "cut taxes, cut taxes, cut taxes....." even until today when the one thing you can count on Trump to do is CUT TAXES. The data is available, 90% of the explosion in debt from 30% of GDP in 1981 to 120% of GDP now was accumulated under Republican presidents.
It is astounding how many people actually believe if we just cut welfare, education and a few other discretionary budgets we would suddenly be on the road to a budget surplus. There are only two ways the US can get out of this mess. First, cut off Americans at their knees and completely gut social security and medicare while making dramatic cuts to military spending. This would cripple a majority of Americans and make things unbearably uncomfortable for ALOT of people. Second, hold the top 5% accountable and make them pay their fair share while also holding the legislative branch accountable to making more strategic budget cuts and stop feeding contractors with inflated payments. Instead of the CEOs and shareholders getting 5 vacation homes they might only get 4 while the rest of America can still get groceries and pay rent. Cutting spending alone is not going to solve anything and tariffs are giant leap to absolutely nowhere.
No, because it’s a meme, and it’s not an actual government department, which would require an act of Congress and Senate confirmation of the department heads. It’s just an advisory panel within the White House in actuality, Trump just called it that because it would be funny on X because of the crypto reference.
@jcf2322 That's what I mean. For years, everyone has clowned DOGE as being irrelevant and nonsense. What Elon is supposed to be doing in this position is the exact opposite. If you can't see the irony in that, I don't know what to tell you
@ of course it, but that’s my point, this isn’t an actual serious attempt to trim government spending. It’s all meant to be meme on twitter, so Elon can have the power of the White House to go after civil servants. And it’s not ironic, because no one seriously ever considered an actual initiative.
I know it's a tad messed up what im about to say, but if we really care about our country, we must cut spending, raise taxes slightly, close the loopholes in our tax system, and reconsidered if giving subsidies to competitive industries is viable.
It's not messed up but as long as there's special interestes this will never happen. The President we have today and the one we'll have tomorrow will do nothing about this.
It's messed up that you fear it's messed up. But hat's where we are now. You are absolutely correct. People are either too dumb to understand or just being disingenuous if they believe if we just make some cuts to discretionary spending that we'll even make even a dent in the deficit and government spending. We need to reduce spending AND collect revenue. The last time we had a budget surplus was during Clinton's second term. He handed Bush a balanced budget with surplus. It was achieved by cutting spending AND collecting revenue. The middle class is and has been paying their fair share while the top 5% contribute nothing they have now been elected to establish a aristocratic oligarchy to make sure it stays that way.
Ridiculous. Why not instead REDUCE the percentage of GDP compared to our debt and interest paid by that debt by implementing fiscal policies that increase our GDP and GDP growth? There were about six periods in our history where we aggressively tried to pay down our debt and what happened next was a depression. There was also a time where we were being isolationists, we introduced tariffs and we tried to pay down our debt. It lead to a deepening of the Great Depression, and more jobs being lost. Buckle up America
@royprovins7037 they can SUGGEST the jobs they want cut. Still has to be approved by Congress. So in effect, DOGE is a waste of time and taxpayers money. Make it make sense.
I work as a consultant for the Government from LMT. I make around 675000 every year and a half more in overtime and travel. My salary has been over a million for the past few years. Defence consultants are well paid and deserve that salary. Im not really afraid of losing anything. European countries will gladly hire me and pay me more than this. Defense is inevitable and no country is safe. Everyone wants weapons and need weapons consultant.
Add the deportation costs that will be on par with the defense spendings. DOGE will have to cut all defense spendings to be successful. And Musk: forget everything space…
Complete nonsense, all military contractors market value combine does not equal to one of the mag 7 nor their revenue or profits. All the weapons sent to Ukraine are mostly items we intended to update. The money spent there is less than 1% of GDP
Do a better job with the people you have on air CNBC. Maybe teach your listeners how money works in a system that can issue its own currency. Our media is awful
It’s a sad time but I’ll get through it laughing at the people I know who voted for him who somehow believe they will be singled out to not get screwed with the rest of us😂
Nonsense, about 75% of the budget is entitlements: SS and medicare, defense and interest htf are they going to make any meaningful changes to what is left. Also, Congress has the power of the purse not DOGE
The entitlement spending is really the only form of wealth distribution. Rising tides lift all boats we all benefit from social spending. Who benefits from all this defense spending? Defense companies
Keep in mind the GOP have control of Congress so it’s likely they will listen to DOGE….plus Trump said he would embed DOGE people in federal government
@cooreyfeldman2688 I disagree, SS should be means tested, and younger generations should know they won't be able to rely on it. Also, the cap on SS tax should be removed. The tense situation with China requires defense spending. We can agree to disagree
@@christiancoronado how does that help future generations? With prices rising as fast as they are you want LESS financial support for future generations. What nonsense while The defense department has failed 7 straight audits and gives away money like it’s nobody’s busses They must be reigned in
Vivek and Elon are much smarter than this commentator. Imagine a rocket that comeback and lands from where it was launched. People have no idea how smart these two men are.
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.....❤
DOGE is not to cut govt spending. Its there to redirect it to people like Trump, Musk, Ramaswamy, and other billionaires. "The less fortunate must suffer so the wealthy may flourish." -The tenets of capitalism.
Nah we need a system to make sure billionaires continue to pay their taxes. Do you know it’s NOT a felony to file your taxes. The system needs to have incentive and enforcement
@@punkagrrlzero Even that's a problem.. say poverty cut off is 25K per year.. going to 26K could be devastating. Why is it so hard for people to like the graduated tax rate now days? My god, the rich used to pay soooooooooooo much more 50 years ago. Now they cry and pay almost zero and they still cry.
The ultra rich "don't pay taxes" because they don't have an income. Flat sales tax instead of income tax. They may not have an income, but they do spend more than the average person. Even Bill Gates has acknowledged this in an interview. On top of that, lower income people would think twice about wasting their money on useless things if they see the tax at time of purchase.
We do not want to be like Argentina, their stock market might be going up, but their money is worthless. Argentinian’s come to the US to buy shoes clothes and some essentials because they cannot afford the same product in Argentina. Inflation is over 2000%, there are two types of people in Argentina, the rich and the poor there is no middle class All those immigrant trains we see on the news and all those people crossing the border are from Argentina and Venezuela. So I ask yourself do you really wanna meet like Argentina?
Right if we cut defense spending countries like China, North Korea, Iran, and Russia are just going to leave us alone. If you believe that I have some ocean front property in Arizona for sale if you’re interested 😂
So many people complaining about taxes, well, those tax reductions are available to everyone, instead of complaining, pick up a book and start reading it. I make far $xxx,xxx per year and after all my businesses deductions I generally pay about $5,000 in taxes. Spend the time learning that you do complaining on RUclips. Side note, we wouldn't need a massive Defense Budget had the Bidens not got us in a conflict with everyone.
I honestly think Elon Musk's XAI501x is the safest bet for long term hold, and will survive out of every other altcoins. It will get adopted in US, Ecuador, Asia, starting from Japan, and slowly spread out and gain. This is a winning coin, apart from all the technical greatness.
Ridiculous. Why not instead REDUCE the percentage of GDP compared to our debt and interest paid by that debt by implementing fiscal policies that increase our GDP and GDP growth? There were about six periods in our history where we aggressively tried to pay down our debt and what happened next was a depression. There was also a time where we were being isolationists, we introduced tariffs and we tried to pay down our debt. It lead to a deepening of the Great Depression, and more jobs being lost. Buckle up America
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
For this guy to say that agent orange understands the intricacies of government spending is laughable. Dude had to have 1 pagers of briefings. The Heratage Foundation is telling him how to move.
This is what Tom Lee will look like if we go into an extended bear market.
😂
When companies can charge the gov 2000% markup for items you can make cuts.
No kidding. If this came up during the Bush admin, with Cheney getting a $2million/year pension from Haliburton and surprise, surprise Haliburton got lots of money to do work in Iraq...including providing 'potable' water that made people sick and people saw worms in fresh water in toilets
Congratulations America.. You hired a man who has bankrupted casinos to fix the national debt he already screwed up. Good job.
He's the perfect person to take America into bankruptcy. $1trillion cut from interest costs. 😮
And dozens of his other deals and businesses did well... Many U.S. politicians have done more foolish things.
Wow, you win the dumbest comment of the day! Congrats libby
@@WaryofExtremes So you approve of him ranking America again. 🤦♂️🤣
@@BlakWiseCracker ? Ranking?
Says a CEO that doesn't pay taxes. How about you pay taxes Woo and get back to me.
There is no way they can accomplish what they speak of without making massive cuts to social security and Medicare
I’m so scared. At 83 I never tho’t this could happen😪
One of them is gonna get Brian Thompson experience💀
Good
Why can't we all just pay the tariff like good underlings so we can fund this Tax cut for the Wealthy. Life has been hard for them. Lets give them our earnings. They know how to to spend it better than us.
😂😂😂 nice sarcasm.
Top 1% pay 45 %, top 5 % pay 65% of taxes under trumps tax cuts. Trumps cuts have brought in the most revenue. Please stop with bad sarcasm.
Just think realistically. Trump dropped repatriation of foreign money from 30% to like 8%. His tax cuts make sense. Who in their rite mind would give up a third of their money. Same with company tax.
Believing in democrats scare tactics only makes you a scared lil gurl
Then just cut defense, spend smarter not more
Trump and the republicans dramatically increased defense spending last time.
Thats whats not going to happen
@@TonyTruppno they didn’t and funds went to the border. How can you even say that after these last four years?
Cut the salaries of congress, president, cabinets, supreme court judges, stop bailouts of banks, oil companies, stop tax cuts for millionaires, ceos, and dept heads. That would be a good start .
I’d much rather have cuts happen in the department that has failed their audit for the 7th time in a row. DoD cannot account for 842 billion dollars
I hope they cut everything Social Security, Medicare, and Medicaid. Do it in every district across the country. This is what people wanted. Do it.
Lmao I agree 😂🤣
You are just sick excuses for human beings
Yes. We should. Unirinically. The medical industry has had a blank check for decades. Time to end middle manned health care
This guy won’t mention that one way out is to increase taxes on the rich! TAXES for rich and corporations are at a historical low!
After WWII the US Debt declined year-in year-out for decades through Republican and Democratic administrations from about 110% of GDP at the end of WWII to 30% of GDP by the time of Reagan's election. Then, on January 20 1981, Ronald Reagan was inaugurated on a promise to eliminate the national debt (which was unnecessary at the time) by CUTTING TAXES, that was where it all fell apart. Since that time, up until today, Republican's matra is "cut taxes, cut taxes, cut taxes....." even until today when the one thing you can count on Trump to do is CUT TAXES. The data is available, 90% of the explosion in debt from 30% of GDP in 1981 to 120% of GDP now was accumulated under Republican presidents.
And yet they still carry nearly exclusively the entirety of the tax burden.
If we reduced the size of military, the US would have plenty of workers thus reducing immigration.
It is astounding how many people actually believe if we just cut welfare, education and a few other discretionary budgets we would suddenly be on the road to a budget surplus. There are only two ways the US can get out of this mess. First, cut off Americans at their knees and completely gut social security and medicare while making dramatic cuts to military spending. This would cripple a majority of Americans and make things unbearably uncomfortable for ALOT of people. Second, hold the top 5% accountable and make them pay their fair share while also holding the legislative branch accountable to making more strategic budget cuts and stop feeding contractors with inflated payments. Instead of the CEOs and shareholders getting 5 vacation homes they might only get 4 while the rest of America can still get groceries and pay rent. Cutting spending alone is not going to solve anything and tariffs are giant leap to absolutely nowhere.
Wrong
Wow, unbelievable!
DOGE can't cut government spending without congressional approval... PERIOD!!!! So what is going to be?
Does no one find this insane that it's called DOGE.
No, because it’s a meme, and it’s not an actual government department, which would require an act of Congress and Senate confirmation of the department heads. It’s just an advisory panel within the White House in actuality, Trump just called it that because it would be funny on X because of the crypto reference.
@jcf2322 That's what I mean. For years, everyone has clowned DOGE as being irrelevant and nonsense.
What Elon is supposed to be doing in this position is the exact opposite.
If you can't see the irony in that, I don't know what to tell you
@@jcf2322 to name it DOGE is 100% Elon's idea.
@ of course it, but that’s my point, this isn’t an actual serious attempt to trim government spending. It’s all meant to be meme on twitter, so Elon can have the power of the White House to go after civil servants. And it’s not ironic, because no one seriously ever considered an actual initiative.
Clown world.
I know it's a tad messed up what im about to say, but if we really care about our country, we must cut spending, raise taxes slightly, close the loopholes in our tax system, and reconsidered if giving subsidies to competitive industries is viable.
It's not messed up but as long as there's special interestes this will never happen. The President we have today and the one we'll have tomorrow will do nothing about this.
We can cut all of Elons subsidies and NASA funding first.
It's messed up that you fear it's messed up. But hat's where we are now. You are absolutely correct. People are either too dumb to understand or just being disingenuous if they believe if we just make some cuts to discretionary spending that we'll even make even a dent in the deficit and government spending. We need to reduce spending AND collect revenue. The last time we had a budget surplus was during Clinton's second term. He handed Bush a balanced budget with surplus. It was achieved by cutting spending AND collecting revenue. The middle class is and has been paying their fair share while the top 5% contribute nothing they have now been elected to establish a aristocratic oligarchy to make sure it stays that way.
Ridiculous. Why not instead REDUCE the percentage of GDP compared to our debt and interest paid by that debt by implementing fiscal policies that increase our GDP and GDP growth? There were about six periods in our history where we aggressively tried to pay down our debt and what happened next was a depression. There was also a time where we were being isolationists, we introduced tariffs and we tried to pay down our debt. It lead to a deepening of the Great Depression, and more jobs being lost. Buckle up America
Yeah, don't touch the bloated Defense budget but cut programs like ssi, education, FDA etc. How about taxing the top 1% a little more?
Think about this Elon musk and ramaswamy want to get rid of the consumer protection agency doesn't that tell you something about their motivations
I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family
How please?
Yeah, since meeting expert Debra, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
Seems very strange that people are against tax cuts and cutting out the corrupt spending of our government.
They can't cut anything. Congress decides the budget and votes
They can cut jobs
@royprovins7037 they can SUGGEST the jobs they want cut. Still has to be approved by Congress. So in effect, DOGE is a waste of time and taxpayers money. Make it make sense.
@@royprovins7037 DOGE is not government entity, but mere advisory board. It can make suggestions.
@@royprovins7037 okay lmao 🤣 🤓
@@Joseph-eh4rs sounds like a wasteful government agency that can be cut then.
It's not impossible. The hyperbole of the caption.
I work as a consultant for the Government from LMT. I make around 675000 every year and a half more in overtime and travel. My salary has been over a million for the past few years. Defence consultants are well paid and deserve that salary. Im not really afraid of losing anything. European countries will gladly hire me and pay me more than this. Defense is inevitable and no country is safe. Everyone wants weapons and need weapons consultant.
Create paranoia and then fulfill the demand. Very effective
@saurabhb1041 I just do my job. People fight all the time since time was born
Let Europe pay you. Consultants make too much money
@@MattRodriguez-h7j oh I’m sure you believe that 100%.
I hear that I am so important no one can replace me. 😂
I’m so scared‼️🙀 At 83 I never tho’t my gov’mt would turn on me😪
Add the deportation costs that will be on par with the defense spendings. DOGE will have to cut all defense spendings to be successful. And Musk: forget everything space…
Biden will be the cause of the deportation costs. He was literally chartering planes to fly them in
Complete nonsense, all military contractors market value combine does not equal to one of the mag 7 nor their revenue or profits. All the weapons sent to Ukraine are mostly items we intended to update. The money spent there is less than 1% of GDP
Argentina has 18% inflation. Is that the Christmas gift from plans to deliver?
Do a better job with the people you have on air CNBC. Maybe teach your listeners how money works in a system that can issue its own currency. Our media is awful
It’s a sad time but I’ll get through it laughing at the people I know who voted for him who somehow believe they will be singled out to not get screwed with the rest of us😂
Nonsense, about 75% of the budget is entitlements: SS and medicare, defense and interest htf are they going to make any meaningful changes to what is left. Also, Congress has the power of the purse not DOGE
The entitlement spending is really the only form of wealth distribution. Rising tides lift all boats we all benefit from social spending. Who benefits from all this defense spending? Defense companies
Keep in mind the GOP have control of Congress so it’s likely they will listen to DOGE….plus Trump said he would embed DOGE people in federal government
@cooreyfeldman2688 I disagree, SS should be means tested, and younger generations should know they won't be able to rely on it. Also, the cap on SS tax should be removed. The tense situation with China requires defense spending. We can agree to disagree
Congress is controlled by GOP, so they’re on DOGE’s side
@@christiancoronado how does that help future generations? With prices rising as fast as they are you want LESS financial support for future generations. What nonsense while The defense department has failed 7 straight audits and gives away money like it’s nobody’s busses They must be reigned in
Vivek and Elon are much smarter than this commentator. Imagine a rocket that comeback and lands from where it was launched. People have no idea how smart these two men are.
...... but Elon doesn't design his rockets. he sits in the big chair throwing his mouth around while REAL smart men do all the hard thinking.
From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.....❤
DOGE is not to cut govt spending. Its there to redirect it to people like Trump, Musk, Ramaswamy, and other billionaires.
"The less fortunate must suffer so the wealthy may flourish."
-The tenets of capitalism.
Why is it so important??? If you have to ask that question, you have no clue what you are talking about?
Wow you guys really missed it. No wonder people quit listening to progressive news.
So basically under trump, no wars, cool
War in covid over 1m Americans dead
They keep lying to people 4 sure
😊
Hahahahaha thats why desantis is now sec def... lmao..
This guy's hands are doing too much.
His lips are doing too much. He needs to stop the injections.
The only way to cut spending is to go to a flat tax with no credits or loopholes. After that the irs staff can be cut
Flat tax kills people who make less than 30K.
Nah we need a system to make sure billionaires continue to pay their taxes. Do you know it’s NOT a felony to file your taxes. The system needs to have incentive and enforcement
Onlynif it's a flat income tax with a poverty cut off. Otherwise it will only do harm to low wage earners.
@@punkagrrlzero Even that's a problem.. say poverty cut off is 25K per year.. going to 26K could be devastating. Why is it so hard for people to like the graduated tax rate now days? My god, the rich used to pay soooooooooooo much more 50 years ago. Now they cry and pay almost zero and they still cry.
The ultra rich "don't pay taxes" because they don't have an income. Flat sales tax instead of income tax. They may not have an income, but they do spend more than the average person. Even Bill Gates has acknowledged this in an interview. On top of that, lower income people would think twice about wasting their money on useless things if they see the tax at time of purchase.
We do not want to be like Argentina, their stock market might be going up, but their money is worthless. Argentinian’s come to the US to buy shoes clothes and some essentials because they cannot afford the same product in Argentina. Inflation is over 2000%, there are two types of people in Argentina, the rich and the poor there is no middle class
All those immigrant trains we see on the news and all those people crossing the border are from Argentina and Venezuela. So I ask yourself do you really wanna meet like Argentina?
55%poverty rate as well
Right if we cut defense spending countries like China, North Korea, Iran, and Russia are just going to leave us alone. If you believe that I have some ocean front property in Arizona for sale if you’re interested 😂
Bought XAI501x after watching your video, super excited!
So many people complaining about taxes, well, those tax reductions are available to everyone, instead of complaining, pick up a book and start reading it. I make far $xxx,xxx per year and after all my businesses deductions I generally pay about $5,000 in taxes. Spend the time learning that you do complaining on RUclips. Side note, we wouldn't need a massive Defense Budget had the Bidens not got us in a conflict with everyone.
We've been waiting for Elon Musk to enter crypto, now he finally did with XAI501x
I honestly think Elon Musk's XAI501x is the safest bet for long term hold, and will survive out of every other altcoins. It will get adopted in US, Ecuador, Asia, starting from Japan, and slowly spread out and gain. This is a winning coin, apart from all the technical greatness.
I solely believe XAI501x will do 20x after its launch price, the hype is high and its community are not relenting.
Ridiculous. Why not instead REDUCE the percentage of GDP compared to our debt and interest paid by that debt by implementing fiscal policies that increase our GDP and GDP growth? There were about six periods in our history where we aggressively tried to pay down our debt and what happened next was a depression. There was also a time where we were being isolationists, we introduced tariffs and we tried to pay down our debt. It lead to a deepening of the Great Depression, and more jobs being lost. Buckle up America