DiabloWags said:
Is this the same Treasury Secretary that said that tariffs would be:
"like a loaded gun on a table used for negotiating, but rarely used"
I believe so.
His credibility is certainly questionable.
What I haven't seen mentioned is that productivity improvement is a substantial reason for the decline in manufacturing employment. Manufacturing output, in real dollar terms, has steadily increased since 1950. Not as fast as services, so it's a smaller proportion, but still up significantly over time in absolute terms. This site spells out just how much productivity has increased.DiabloWags said:
I repeat: We are the WORLD LEADER in services, not manufacturing.
That ship sailed decades ago and is as old as Ross Perot.
Manufacturing employment peaked in June 1979 at 19.6 million.
In December of 2015, manufacturing jobs totaled 12.3 million and accounted for 8.6% of nonfarm employment, compared with 9.1 million and 30.3% in January 1939.
Just the FACTS.
I’ve had enough. Lawsuit inbound.
— Elon Musk (@elonmusk) March 22, 2025
When the autism hits đź’€ pic.twitter.com/qQJjsORa2k
— Autism Capital 🧩 (@AutismCapital) March 22, 2025
bear2034 said:I’ve had enough. Lawsuit inbound.
— Elon Musk (@elonmusk) March 22, 2025
bearister said:
Bill Maher, MAGA's most quoted pundit when he is bashing Progressives, unmasked the fraud that is DOGE (because it is hands off the Dept. of Defense and Dept. of Homeland Security where the real waste/savings reside).:
I'm a free-speech absolutist. pic.twitter.com/WLPBs6Bj13
— Bill Maher (@billmaher) March 19, 2025
movielover said:
President Trump is on the record wanting to cut defensive spending 50% and wanting to cut $1 Trillion in waste / fraud / abuse.
BREAKING: Acting Social Security commissioner Leland Dudek says he is consulting with the Justice Department about shutting down the agency.
— More Perfect Union (@MorePerfectUS) March 21, 2025
Dudek told the Washington Post: “Unless I get clarification, I’ll just start to shut it down. I don’t have much of a choice here.”
Yup! Pay attention to what they do, not what they say. Trump has always talked a good game about economic populism, but when push comes to shove it's the same old Republican junk: cut taxes for the wealthy, cut services for the poor, and increase military spending.bearister said:movielover said:
President Trump is on the record wanting to cut defensive spending 50% and wanting to cut $1 Trillion in waste / fraud / abuse.
Did you not watch the video? That is Maher's precise point. Both Trump and Musk are on record of saying one thing but doing the other. Think F 35 fighter.
Return of the King said:sycasey said:BREAKING: Acting Social Security commissioner Leland Dudek says he is consulting with the Justice Department about shutting down the agency.
— More Perfect Union (@MorePerfectUS) March 21, 2025
Dudek told the Washington Post: “Unless I get clarification, I’ll just start to shut it down. I don’t have much of a choice here.”
You're too easily propagandized to be on the InternetJUST IN: Judge Hollander has issued a *second* letter today warning Social Security acting commissioner Dudek not to shut down all operations over her order barring DOGE's access to sensitive systems. https://t.co/DDhF3MU3Jj pic.twitter.com/bbG6Szr2I3
— Kyle Cheney (@kyledcheney) March 22, 2025
sycasey said:bear2034 said:I’ve had enough. Lawsuit inbound.
— Elon Musk (@elonmusk) March 22, 2025
Real free speech absolutist here.
sycasey said:bearister said:
Bill Maher, MAGA's most quoted pundit when he is bashing Progressives, unmasked the fraud that is DOGE (because it is hands off the Dept. of Defense and Dept. of Homeland Security where the real waste/savings reside).:
I have to also give credit to Maher here. We're seeing very clearly who actually believed in free speech and who just wanted to turn around and restrict the other side.
Absolutely. I could have something much bigger, but I like my tiny office. Sends the right message.
— Elon Musk (@elonmusk) March 22, 2025
Larger @DOGE meetings are held in the Secretary of War suites. Seems fitting.
bear2034 said:sycasey said:bear2034 said:I’ve had enough. Lawsuit inbound.
— Elon Musk (@elonmusk) March 22, 2025
Real free speech absolutist here.
There are consequences to calling people Nazis and pulling fire alarms.
Russians, Fascists, Nazis, it never ends does it?bearister said:There are also consequences to actually being Nazis:bear2034 said:There are consequences to calling people Nazis and pulling fire alarms.sycasey said:Real free speech absolutist here.bear2034 said:I’ve had enough. Lawsuit inbound.
— Elon Musk (@elonmusk) March 22, 2025
For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn't even figure out how to accept it. Today, I met with @elonmusk and the DOGE team, and we got this done in the… pic.twitter.com/uWyloPAhBU
— Ron DeSantis (@GovRonDeSantis) March 21, 2025
I highly approve of a leech state like Florida returning almost a billion dollars to the federal government. Let's go Georgia, Alabama, Mississippi, Louisiana and Texas!bear2034 said:For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn't even figure out how to accept it. Today, I met with @elonmusk and the DOGE team, and we got this done in the… pic.twitter.com/uWyloPAhBU
— Ron DeSantis (@GovRonDeSantis) March 21, 2025
The state of Florida gave back $900 million of taxpayer money to the federal government thanks to DOGE.
Exactly how is Florida a 'leech' state? I assume you're referring to the flow of federal funds, and that there is a net inflow of funds in Florida. The implication is almost always that these funds are flowing between states. But that's not the case, most federal funds, either directly or indirectly, flow between people. I have three uncles who spent their entire working lives in New York and then retired to Florida. They sent funds to the feds when they were in New York and now they receive Social Security and Medicare benefits in Florida. How does that make Florida a 'leech'? How does this impact the finances of the two states?Eastern Oregon Bear said:I highly approve of a leech state like Florida returning almost a billion dollars to the federal government. Let's go Georgia, Alabama, Mississippi, Louisiana and Texas!bear2034 said:For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn't even figure out how to accept it. Today, I met with @elonmusk and the DOGE team, and we got this done in the… pic.twitter.com/uWyloPAhBU
— Ron DeSantis (@GovRonDeSantis) March 21, 2025
The state of Florida gave back $900 million of taxpayer money to the federal government thanks to DOGE.
DOGE: The Democrat's latest argument against reducing the size of the federal government? The federal workers being laid off will sell our nation's secrets to China. They forget that over 90% of career civil service workers are Democrats - why don't Democrats trust their… pic.twitter.com/h27gRsr44D
— @amuse (@amuse) March 24, 2025
WATCH: Musk Cracks Up Cabinet Meeting With Absurd DOGE Bombshell of $330M SBA Loans to Kids
— Election Wizard (@ElectionWiz) March 24, 2025
pic.twitter.com/Y3iCkdALnN
Perhaps I was using a site with overly simplistic criteria.LudwigsFountain said:Exactly how is Florida a 'leech' state? I assume you're referring to the flow of federal funds, and that there is a net inflow of funds in Florida. The implication is almost always that these funds are flowing between states. But that's not the case, most federal funds, either directly or indirectly, flow between people. I have three uncles who spent their entire working lives in New York and then retired to Florida. They sent funds to the feds when they were in New York and now they receive Social Security and Medicare benefits in Florida. How does that make Florida a 'leech'? How does this impact the finances of the two states?Eastern Oregon Bear said:I highly approve of a leech state like Florida returning almost a billion dollars to the federal government. Let's go Georgia, Alabama, Mississippi, Louisiana and Texas!bear2034 said:For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn't even figure out how to accept it. Today, I met with @elonmusk and the DOGE team, and we got this done in the… pic.twitter.com/uWyloPAhBU
— Ron DeSantis (@GovRonDeSantis) March 21, 2025
The state of Florida gave back $900 million of taxpayer money to the federal government thanks to DOGE.
However, there is at least one case where state finances are involved, and that's federal medicaid funding. California receives about $40 billion in federal medicaid funding; for Mississippi, it's $5.2 billion. But that doesn't mean California's being subsidized in part by Mississippi. In fact, it's the opposite, because the feds cover over 80% of Mississippi's medicaid cost, but only 50% of California's.
See how complicated this is. You have to see which federal funds only impact people. For funds that impact state financing, you have to make sure that you're putting things in comparable terms.
Eastern Oregon Bear said:Perhaps I was using a site with overly simplistic criteria.LudwigsFountain said:Exactly how is Florida a 'leech' state? I assume you're referring to the flow of federal funds, and that there is a net inflow of funds in Florida. The implication is almost always that these funds are flowing between states. But that's not the case, most federal funds, either directly or indirectly, flow between people. I have three uncles who spent their entire working lives in New York and then retired to Florida. They sent funds to the feds when they were in New York and now they receive Social Security and Medicare benefits in Florida. How does that make Florida a 'leech'? How does this impact the finances of the two states?Eastern Oregon Bear said:I highly approve of a leech state like Florida returning almost a billion dollars to the federal government. Let's go Georgia, Alabama, Mississippi, Louisiana and Texas!bear2034 said:For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn't even figure out how to accept it. Today, I met with @elonmusk and the DOGE team, and we got this done in the… pic.twitter.com/uWyloPAhBU
— Ron DeSantis (@GovRonDeSantis) March 21, 2025
The state of Florida gave back $900 million of taxpayer money to the federal government thanks to DOGE.
However, there is at least one case where state finances are involved, and that's federal medicaid funding. California receives about $40 billion in federal medicaid funding; for Mississippi, it's $5.2 billion. But that doesn't mean California's being subsidized in part by Mississippi. In fact, it's the opposite, because the feds cover over 80% of Mississippi's medicaid cost, but only 50% of California's.
See how complicated this is. You have to see which federal funds only impact people. For funds that impact state financing, you have to make sure that you're putting things in comparable terms.
Which states get more federal money than they send?
"How it works: Each state's balance of payments reflect how much federal money is distributed there (in the form of programs like Medicaid and SNAP, for example) versus how much money residents and businesses send to the federal government (via income or employment taxes, for instance)."
The Deep South is a sea of states receiving more than they pay in. Florida is admittedly the best of the lot, but they receive $805 per capita more than they pay in. 36 other states received amounts up to $14,781 per capita more than they paid in. The 13 states paying in more than they get back are all under -$5,000 per capita, so I suspect deficit spending comes into play for that.
Again, for the most part it isn't states that are receiving federal funds, it's people. The theme of the article you linked, and many others like it, is that states where the federal funds flow is positive are being 'supported' by states like California, where it's negative. But nearly 40% of the funds flowing to individuals are Social Security and Medicare benefits. I just don't see how those benefits constitute 'supporting' a state's finances.Eastern Oregon Bear said:Perhaps I was using a site with overly simplistic criteria.LudwigsFountain said:Exactly how is Florida a 'leech' state? I assume you're referring to the flow of federal funds, and that there is a net inflow of funds in Florida. The implication is almost always that these funds are flowing between states. But that's not the case, most federal funds, either directly or indirectly, flow between people. I have three uncles who spent their entire working lives in New York and then retired to Florida. They sent funds to the feds when they were in New York and now they receive Social Security and Medicare benefits in Florida. How does that make Florida a 'leech'? How does this impact the finances of the two states?Eastern Oregon Bear said:I highly approve of a leech state like Florida returning almost a billion dollars to the federal government. Let's go Georgia, Alabama, Mississippi, Louisiana and Texas!bear2034 said:For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn't even figure out how to accept it. Today, I met with @elonmusk and the DOGE team, and we got this done in the… pic.twitter.com/uWyloPAhBU
— Ron DeSantis (@GovRonDeSantis) March 21, 2025
The state of Florida gave back $900 million of taxpayer money to the federal government thanks to DOGE.
However, there is at least one case where state finances are involved, and that's federal medicaid funding. California receives about $40 billion in federal medicaid funding; for Mississippi, it's $5.2 billion. But that doesn't mean California's being subsidized in part by Mississippi. In fact, it's the opposite, because the feds cover over 80% of Mississippi's medicaid cost, but only 50% of California's.
See how complicated this is. You have to see which federal funds only impact people. For funds that impact state financing, you have to make sure that you're putting things in comparable terms.
Which states get more federal money than they send?
"How it works: Each state's balance of payments reflect how much federal money is distributed there (in the form of programs like Medicaid and SNAP, for example) versus how much money residents and businesses send to the federal government (via income or employment taxes, for instance)."
The Deep South is a sea of states receiving more than they pay in. Florida is admittedly the best of the lot, but they receive $805 per capita more than they pay in. 36 other states received amounts up to $14,781 per capita more than they paid in. The 13 states paying in more than they get back are all under -$5,000 per capita, so I suspect deficit spending comes into play for that.
Eastern Oregon Bear said:Perhaps I was using a site with overly simplistic criteria.LudwigsFountain said:Exactly how is Florida a 'leech' state? I assume you're referring to the flow of federal funds, and that there is a net inflow of funds in Florida. The implication is almost always that these funds are flowing between states. But that's not the case, most federal funds, either directly or indirectly, flow between people. I have three uncles who spent their entire working lives in New York and then retired to Florida. They sent funds to the feds when they were in New York and now they receive Social Security and Medicare benefits in Florida. How does that make Florida a 'leech'? How does this impact the finances of the two states?Eastern Oregon Bear said:I highly approve of a leech state like Florida returning almost a billion dollars to the federal government. Let's go Georgia, Alabama, Mississippi, Louisiana and Texas!bear2034 said:For years, Florida has been trying to return federal funds to the federal government due to the ideological strings attached by the Biden Administration—but they couldn't even figure out how to accept it. Today, I met with @elonmusk and the DOGE team, and we got this done in the… pic.twitter.com/uWyloPAhBU
— Ron DeSantis (@GovRonDeSantis) March 21, 2025
The state of Florida gave back $900 million of taxpayer money to the federal government thanks to DOGE.
However, there is at least one case where state finances are involved, and that's federal medicaid funding. California receives about $40 billion in federal medicaid funding; for Mississippi, it's $5.2 billion. But that doesn't mean California's being subsidized in part by Mississippi. In fact, it's the opposite, because the feds cover over 80% of Mississippi's medicaid cost, but only 50% of California's.
See how complicated this is. You have to see which federal funds only impact people. For funds that impact state financing, you have to make sure that you're putting things in comparable terms.
Which states get more federal money than they send?
"How it works: Each state's balance of payments reflect how much federal money is distributed there (in the form of programs like Medicaid and SNAP, for example) versus how much money residents and businesses send to the federal government (via income or employment taxes, for instance)."
The Deep South is a sea of states receiving more than they pay in. Florida is admittedly the best of the lot, but they receive $805 per capita more than they pay in. 36 other states received amounts up to $14,781 per capita more than they paid in. The 13 states paying in more than they get back are all under -$5,000 per capita, so I suspect deficit spending comes into play for that.
