How the Largest Bond Funds Did in Q2 2025

Comments

• davidrmoran

  July 3

  a likely future
  
  https://www.nytimes.com/2025/06/27/opinion/trump-budget-big-beautiful-bill.html
• Sven

  July 3

  @davidrmoran, the article in behind a paywall. Can you provide a summary? Thank you
• davidrmoran

  July 3

  You of all people should have a subscription
  
  https://www.nytimes.com/2025/06/27/opinion/trump-budget-big-beautiful-bill.html?unlocked_article_code=1.Tk8.wSgs.OFKFM1hFVG9H&smid=url-share
• AndyJ

  July 3 edited July 3

  This clip is especially noteworthy with the designated talking heads out in public with knives out for the CBO. The contention that the Damnable Ugly Bill won't raise the debt is total insanity; who could really believe that crap?

  Because the Trump administration and House Republicans have savaged the C.B.O.’s analysis, it is worth adding that Phillip Swagel, who heads the office, is a Republican reappointed at the behest of House Republicans just two years ago. At the time, they praised his “objectivity and integrity.” The C.B.O.’s analysis closely resembles independent assessments by the Penn Wharton Budget Model, the Yale Budget Lab and the Tax Foundation.
• Observant1

  July 3 edited July 3

  deleted
• hank

  July 3

  
• Derf

  July 3

  @hank With whom are you conversing with?
  Old_Joe?
• DrVenture

  July 3

  davidrmoran said:

  You of all people should have a subscription
  
  https://www.nytimes.com/2025/06/27/opinion/trump-budget-big-beautiful-bill.html?unlocked_article_code=1.Tk8.wSgs.OFKFM1hFVG9H&smid=url-share

  This article should be required reading. People should be compelled to discuss it and debate it or even try to refute it, in an honest fashion
  
  "The Republican Party controls both houses of Congress and the White House. Mr. Trump and his allies have the power to deliver a fiscally responsible plan. Instead, they are playing make-believe.
  
  A small number of Senate Republicans have expressed reservations about this situation. Senator Rick Scott of Florida has said the projected growth in the debt is “fiscal insanity,” and Senator Ron Johnson of Wisconsin has called it “unacceptable.” They’re right about that much. The refusal to confront America’s fiscal problems has a price, and it is rising rapidly."
  
  
• Observant1

  July 3 edited July 3

  During the past 45 years, Congressional Republicans were fiscally conservative
  only when Democrats controlled the executive branch.
  Oh, how they wailed obsessingly about fiscal rectitude!
• Observant1

  July 3 edited July 3

  From the NY Times article:
  
  "Three times in the past half-century, Republicans have enacted large tax cuts
  that necessitated significant increases in federal borrowing.
  Each time they insisted the cuts would drive economic growth, even claiming
  that the expansion would be so large that the government would collect more tax revenue.
  Each time, they’ve been proved wrong."
  
  "Mr. Trump’s bill would be the fourth iteration of this failed experiment,
  and some Republicans are still retailing the same fantasies about the consequences.
  'This will reduce the deficit, not increase it,' Senator John Thune of South Dakota,
  the Senate majority leader, said last week. That is simply false."
• Sven

  July 3

  @davidrmoran, thank you for linking the article for everyone’s reading. In has already generated a healthy discussion, thanks to you.
  
  While I personally don’t subscribe to New York Times, but I have access through our local public library.
  
  @Observant1 and @DrVenture, what investment opportunities do you see?