snabelen.no is one of the many independent Mastodon servers you can use to participate in the fediverse.
Ein norsk heimstad for den desentraliserte mikroblogge-plattformen.

Administrert av:

Serverstatistikk:

440
aktive brukere

#debt

23 innlegg18 deltakere0 innlegg i dag

Damn conservatives are stupid!

A short post I made on #TikTok about the history of Finland’s public #debt as a simple graph, then placing the party currently in power under each climb. Which turns out to be the time right wing.

They keep raging in the comments still several days after I posted it, keeping the post going #viral. 23000 views and counting.

I’m not even saying anything, just ”Look at the graph, it’s right there.”

They just engage. Even after I commented several times about it.

Alrighty Then!

Treasury yields spiking—exact opposite of Trump's desired lower rates.

10Y hitting 4.5%, 30Y approaching 5%

This signals a confidence crisis. #Markets are demanding higher returns on #US #debt amid geopolitical tensions and trade uncertainty.

Not just #market #volatility—this threatens America's economic credibility on the world stage. Trump's unpredictable policies appear to be backfiring in real time.

Suomen julkinen velka 1980 - 2025

Finnish public #debt 1980 to 2025

Kokoomus is the center-right neoliberal party, who always put on #austerity and say they’re doing it to ”get rid of the problem of debt”

I bet this story is the same everywhere else: If you look at what they did when they were in power, they almost single-handedly created the problem to begin with.

The most fluent liars of them all are the smiley-faced center #neoliberal #right. 👿

The #House narrowly adopted the #Republican #budget blueprint for slashing taxes for the very #wealthy & #corporations & government #spending, overcoming the concerns of budget hard-liners who fear it will balloon the nation’s #debt. The vote was a victory for Speaker #MikeJohnson, who put down a rebellion from deficit hawks, & #Trump, who had stepped up pressure on reluctant #Republicans.

#USpol
nytimes.com/2025/04/10/us/poli

Speaker Mike Johnson and Senator John Thune of South Dakota, the majority leader, at the Capitol on Thursday.
The New York Times · House Passes G.O.P. Budget After Conservative Revolt CollapsesAv Catie Edmondson

The #House to vote on the #Senate #budget resolution

#Republicans scheduled a vote for Wednesday evening, but they were still at least a dozen votes short of a majority for their fiscal blueprint.

A number of anti-#spending #HouseRepublicans said they planned to defy #Trump & oppose the measure, arguing it would add too much to the nation’s #debt.

#USpol #law
nytimes.com/2025/04/09/us/poli

Speaker Mike Johnson cannot afford to lose many Republican votes for a budget resolution.
The New York Times · Johnson Delays Budget Vote As G.O.P. Defectors BalkAv Catie Edmondson