The one BIG problem so far with the BBB

"What gives money back to the people? For starters, no income tax withholding. Lower interest rates. Try those two things for starters and see what happens to our economy. Bought any T-Bones lately at the butcher shop? If you have, you will know what I am talking about."  

The Big Beautiful Bill, signed into law on the 4th of July. Do you feel it yet? Can you feel the love? What is there not to love? We were told that with the $6,000 deduction offsetting Social Security, the pain of Biden inflation would be much less painful. Okay. Waiting. Where is it? Oh - we have to wait until tax time next year. How about a DOGE dividend check to hold us over until tax time? Just saying.

JD Vance was in Lacrosse yesterday at a manufacturing plant to tout the benefits of the BBB. Many of the benefits for businesses can be near term. But for many individuals, it is a waiting game. And please - no comments about I could always change my withholding. Last time I did that, it was a major pain. I like the easy street better. Just have the government stop withholding federal tax for people in my income range.

Much could happen between now and next tax time. Like? We could be invaded by aliens - if you listen to Prof. Abbi Loeb. We could be at war with Venezuela. We could be at war in Europe, if Russia does not settle down. We could be in a civil war, if the Democrats don't settle down. I could go on and on, but you get the point. Live for today, as tomorrow is never a promise.

At least now maybe the Fed will lower the interest rates. That will help give the housing market a kick in the rear. By the way - the Fed is still a mess. Too many ideologues and not enough businesspeople. Drives Trump crazy. A Fed with clear thinkers would know that to service our massive debt, the interest cost alone is up there with our defense budget. 

What gives money back to the people? To start with, no income tax withholding. Lower interest rates. Try those two things for starters and see what happens to our economy. Bought any T-Bones lately at the butcher shop? If you have, you will know what I am talking about.