Last year, I proposed the $5,000 DOGE Dividend that President Trump endorsed. Trump just announced a new $5,000 dividend. It's a bad idea. Here's why: the DOGE Dividend was financed by DOGE spending cuts. (Cut waste, save money, send a portion of it back to taxpayers.)
This new “dividend” has no offsetting spending cuts.
It's just new spending financed by more borrowing from China that adds to the $40 trillion in national debt when government borrowing costs (10-year Treasury yields) are already the highest in 3 years.
Unlike the DOGE Dividend, which was only to be sent to taxpayers, the new "dividend" check gets sent to everyone, which means non-taxpayers get more free money, which means more inflation.
This dividend will actually worsen the problem it tries to solve.
Inflation has never been solved by spending more money.
If you want to save Americans money right now, end the Iran War.
Here's how much President Trump could save us by doing it.
Start with gas.
It was $2.98 a gallon the day before the war began.
Today, it's $4.22.
$1.24 more per gallon, on 700 gallons a year for the average household, which comes out to about $900 a year in savings by bringing gas prices back to where they were before the war.
Now look at diesel, which matters even more.
Diesel was $3.65 a gallon before the war.
Today it's $5.94, an all-time high.
That's a 63% increase in 6 months.
You may never buy a gallon of diesel in your life. You pay for it anyway.
Diesel moves freight. It runs the trucks, the trains, the barges, the combines, and the tractors. Nearly every item on a shelf got there on diesel, which means diesel never shows up as a line item in a family budget. It shows up in the price of everything else.
America burns roughly 61 billion gallons of it a year. At $2.29 more per gallon, that is about $140 billion in added cost moving through the supply chain, or roughly $1,000 per household once it reaches the register.
Gas and diesel together: about $1,900 a year for the average American family.
End the war and put crude oil prices back where they were in February, and the average American family saves $9,500 over the next 5 years.
That is almost double the dividend check. It arrives every year instead of once. It requires no borrowing, no appropriation, and no new debt sold to China.
I developed the DOGE Dividend because cutting wasteful spending creates real savings, from which taxpayers can and should receive a dividend check.
This new "dividend" does not do that.
It's ironic that at a time when Republicans are rightly calling out socialism on the left, they would make their closing pitch at their national convention: "if you vote for us, we'll give you $5,000 and make someone else pay for it."
If that isn't socialism, I don't know what is.
Wait, I thought we won the war like 50 times already!!!
Diesel is nearly $6 per gallon, will soon go past $8 per gallon in California, and gas is the highest it’s ever been in history for Labor Day weekend.
It’s so much winning we can hardly take it.
Oh! Why didn’t you tell me earlier? Wouldn’t want to offend Israel’s cattle.
Is political prostitute more to your liking?
You want to see dehumanizing? Take a look at what Jeffries and all the scum in Congress used our tax dollars for in Gaza and the West Bank. Aside from that, I would like these fucking race vultures to shut the fuck up.
Satan influences the world through corruption, power & wealth. So don't be surprised that when the most corrupt wealthy people are in power, governments do evil things to us.
The only answer to it all is Christ.
The U.S. House will be in session only 4 full days from July 24th to November 8th.
That’s 100 paid days off versus 4 full workings days plus 4 travel (half) days.
Meanwhile TRUMP says YOU have too many holidays.
Congress did one and only one thing today.
The House passed a bill to withhold money from universities if they don’t play nice with Israel.
I voted No.
It’s not proper for our federal government to coerce universities into engaging with any particular foreign country.
“You’re like a cartoon character of the archetype of evil, like Satan’s spawn, who mastered in legalese, who gets OJ & Epstein off and morally judge me? Your generation needs to let go of the wheel. You’ve given us enough disasters, $40T in debt, millions killed, enough of this.”
I just sued the Miami-Dade Commission Chairman in federal court for violating the First Amendment.
Citizens must be free to question how government uses our money.
Every dollar I recover will be donated to Miami-Dade first responders and teachers.
The hardest part about converting to Orthodoxy is not being convinced of its Truth, its teachings, or leaving past beliefs behind.
The hardest thing is living it and being transformed by it.
In comparison, the former is much easier and thats why many choose to stay there.
I don't think many Americans had renaming Lake Ontario very high on their list of priorities when they went to vote in the last election. There are a lot of more serious issues, however, like ending the forever wars that kill millions around the world and are bankrupting us as a country.
Megadeth's 1985 debut opens with Mustaine's piano reinterpretation of Bach's "Toccata and Fugue."
Nearly 30 years later he took the whole classical canon on: Bach, Vivaldi and Wagner with the San Diego Symphony, in a tuxedo.
By the end, the jacket was off.