https://www.propublica.org/article/trump-impoundment-appropriations-congress-budget
The second-term president likely will seek to cut off spending that lawmakers have already appropriated, setting off a constitutional struggle within the branches. If successful, he could wield the power to punish perceived foes.
#trump #usa #president #congress #spending #constitution #unconstitutional #budget #propublica #impoundment
1. #Jill #Stein reached 0,4% --> 611,492 votes
source: https://ballotpedia.org/Election_results,_2024
I would have hoped for significantly more votes here.
At least there was the opportunity to make a statement against the war. But in this choice between the bigger devils, people were somehow very willing to vote for this devil instead of choosing an alternative.
2. Astronomically high #fundraising and #spending on candidates.
It's funny that there is so much more money behind the Democrats, despite Musk's support for Trump.
It's funny that despite this fact, some Democrat supporters still define themselves as left-wing and anti-captilastic, when of course they never were.
source: https://ballotpedia.org/Presidential_election_campaign_finance,_2024
“The unprecedented rise in military spending is a direct response to the global deterioration in peace and security,” Nan Tian, senior researcher in SIPRI’s military expenditure and arms production programme, said in a statement.
Military expenditure has been rising for nine years straight, and military spending bolstered in all regions of the world for the first time since 2009, the report found. This was linked to the war in Ukraine, as well as to growing tensions in the Middle East and other developments, such as a pushback against organized crime and gang violence in Central America and the Caribbean.
#Global #military #spending #weapons #war #conflict #security
///OpenSpending///
By understanding how governments spend money in our name can we have a say in how that money will affect our own lives.
Collaborative expenditure monitoring project!
https://www.openspending.org/
#OpenSpending #governments #money #Opendata #spending #taxes
Good article and I'm sure it's all correct. But despite mentioning loads of reasons for the downturn, it fails to mention high prices due to inflation. Most of the businesses being hurt depend on discretionary spending. "Let's spend the weekend in The City." Nope. "Let's go for a drink. Let's go dancing. Let's go shopping." Naw, let's not. People are spending only what they have to spend in order to function.
https://apnews.com/article/san-francisco-downtown-retail-exodus-6c956f6f219a25aafd292f567a45a302
https://robertreich.substack.com/p/two-big-big-upcoming-performances
These two #theatrical #productions are being staged for the #public — two #competing #performances, each intended to #score #political-points against the other. #Biden wants to #tax-the-rich, and #House-Republicans don’t want to raise the #debt-ceiling. Here’s what will happen ...
#robertreich #economics #taxes #joebiden #republican-party #artlaffer #national-debt #spending
April looks like it was just the start of our sense of “everything we think might be wrong” being set into hyperdrive.
#stock-market #economy #income #spending #earnings #USA #economy #UK
Blain’s Morning Porridge April 29 2022 – The Penny Drops: April Exposes Markets to Some Brutal Truths. Reality Bites.
#Economics & #taxation 101 [US] or made simple [UK] (HINT goverment #spending NEVER works like a household budget!):
“How can we get this simple point across?
When I go to Sainsburys and buy £40 worth of groceries, I no longer have the £40.
When the Government spends £10 billion on healthcare, it gets all or most of its money back.
The £10 billion pays wages and buys goods and services. The NHS staff pay taxes and buy more goods and services generating more jobs and profits and more taxes. The cycle repeats and repeats.
In the longer term, at worst the Government will have paid £1 billion or £2 billion. More likely, it will have paid nothing, or made a profit of £1 billion.
No politician seems to grasp this”
Less than 6% of the proposal goes to roads and bridges, critics say
The White House is casting a very wide net about what constitutes infrastructure — for example, the American Jobs Plan references "care infrastructure" when talking about $25 billion to upgrade child care facilities and a $400 billion expenditure on care for the elderly and disabled. That's quite different from repairing potholes and rebuilding bridges.
#infrastructure #biden #democrats #spending #infrastructure-bill #roads #bridges #bait-and-switch
