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As a real estate guy, Trump is known as a PRO DEBT person. That said, the moves he’s quickly made have proven that he understands the existential risk of our country’s debt situation. I believe this to be the most important aspect of his economic agenda. As we all know from our personal lives, it’s not easy to cut spending, but when you’re spending 7% more money than you’re bringing in per year, while already having $36 TRILLION in outstanding debt, IT’S CRUCIAL. LOVE OR HATE ELON, he’s an EFFICIENCY GUY- hyper focused on taking out unnecessary costs in EVERY company he runs- now he’s tasked with doing that alongside Vivek Ramasway, who has an ultra impressive resume himself. TOP THAT OFF with the appointment of Scott Bessent, who’s an outspoken budget HAWK (doesn’t like government debt). These appointments prove Trump is taking our dire debt situation very seriously. #trump #elon #elonmusk #debt #governmentdebt #economics #economy #finance #personalfinance #stocks #stockmarket #politics
Duration: 81 sPosted : Tue, 03 Dec 2024 19:22:15Views
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