Reducing the federal deficit from $2T to $1T in FY2026 requires cutting an average of ~$4B/day in projected 2026 spending from now to Sept 30.
That would still result in a ~$1T deficit, but economic growth should be able to match that number, which would mean no inflation in 2026.
Super big deal.
If @GovTimWalz thinks tax increases are still on the table, then he has failed to listen. I knocked over 14,000 doors and would be happy to have the Governor knock with me to listen and learn about the priorities of Minnesotans. #listening#priorities#solutions#mnleg
Retirement planning is more than about the money. As an economist, friends will sometimes ask me about how to figure out if they have enough money to retire comfortably. But often the biggest issue is not money, but what they will d https://t.co/vxPDv4olvH
Prior to selecting a trustee of a trust, it is important to consider the roles and responsibilities that all trustees will have upon accepting to serve as the trustee. https://t.co/cruRrQnZ2n
In a just world, this would be a New York Times feature story - the Dave Portnoy Effect.
I randomly came across a Portnoy pizza review and just so happened to be close by. So I made the trip to Ah-Beetz in Delray Beach, Florida. He had given it an 8.4, which is (apparently) an excellent score.
I don't follow Dave Portnoy. I don't consume Barstool's content, or even relate to the demographic it cultivates. I don't eat much pizza, except with my kids. I don't bet on sports, and generally think adult men who devote excessive hours to watching professional sports are wasting their time.
But, as someone who follows the zeitgeist, I can objectively say Portnoy seems like a very good person:
-> Earned his success; the free market seldom lies
-> Took Cancel Culture head-on and won
-> Raised ~$40 million for small businesses during COVID
-> Called out fake news outlets like Business Insider long before Ackman buried them
-> Personally donated and raised millions for great causes - law enforcement, first responders, animal shelters, etc. - as opposed to having a building named after himself at Harvard.
The pizza at Ah-Beetz is excellent. Very much worth the trip. But more interesting is the Dave Portnoy effect. I asked the owner about the influence he's had on their business.
When Portnoy's review aired, Ah-Beetz was a single, small shop in a less-than-desirable strip mall not far from I-95, really far from the beach or what is generally considered a nice part of Palm Beach County.
Overnight, there was a two-hour wait, a pop that has never receded (because the food is also great). And now, in less than a year, there are soon-to-be 4 locations and 70+ employees, an expansion that they attribute almost entirely to Portnoy.
Revenue has increased more than 10x, or millions of dollars that are also attributable to Portnoy, for which he has not received/sought any attention or credit.
Portnoy has completely changed their lives. And this has probably happened countless times all over the country.
(Also, they said he was exceptionally kind and humble, and 100% sincere.)
This is America.
@DavidSacks@megynkelly@MegynKellyShow@VivekGRamaswamy The point of FDIC being $250,000 horrible job ofCFO for allowing the company to have more cash above that limit is a horrible point. If a company has more than a $6,000,000 annual payroll they are going to exceed the threshold of the FDIClimitYou canntpunish depositors