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Incentives arenβt complicated.
We just ignore what ours are actually doing.
We tax speeders to stop speeding and cigarettes to stop smoking, yet we tax people who work and companies that make profits and subsidize those who donβt.
Then we act shocked when we get less work, less employment, fewer successful businesses, and more and more people on welfare.
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We just ignore what ours are actually doing.
We tax speeders to stop speeding and cigarettes to stop smoking, yet we tax people who work and companies that make profits and subsidize those who donβt.
Then we act shocked when we get less work, less employment, fewer successful businesses, and more and more people on welfare.
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π₯2
βΌ IPHONE-HOLICS
German MPs get on average 2.6 iPhones per year, paid for by the taxpayer.
43.5% of the iPhone purchases are made shortly before Christmas.
β Could it be that German politicians get free iPhones for their friends and family β¦ and the taxpayer funds this?
Or do they really need a new iPhone every 5 months?
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German MPs get on average 2.6 iPhones per year, paid for by the taxpayer.
43.5% of the iPhone purchases are made shortly before Christmas.
β Could it be that German politicians get free iPhones for their friends and family β¦ and the taxpayer funds this?
Or do they really need a new iPhone every 5 months?
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π€―3
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Bad news from Black Wall Street: N&Gga Pickle futures are down 8 grazillion percent
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BREAKING: Andy Burnham set to become Britainβs next prime minister after winning backing from a majority of Labour MPs
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BREAKING: US consumer credit fell -$182 million in May, the first monthly decline since November 2024.
This was significantly below expectations of a +$17.5 billion increase and followed a +$20.8 billion increase in April.
The decline was driven by revolving credit, which includes credit cards, plunging -$5.3 billion, the 2nd-largest monthly drop since November 2020.
This comes after a +$11.5 billion and +$10.7 billion increase in April and March.
At the same time, non-revolving credit, which includes auto and student loans, jumped +$5.1 billion, the smallest monthly increase since February.
Meanwhile, the average interest rate on credit cards rose to 22.15%, near the highest on record.
Is consumer borrowing reaching a tipping point?
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This was significantly below expectations of a +$17.5 billion increase and followed a +$20.8 billion increase in April.
The decline was driven by revolving credit, which includes credit cards, plunging -$5.3 billion, the 2nd-largest monthly drop since November 2020.
This comes after a +$11.5 billion and +$10.7 billion increase in April and March.
At the same time, non-revolving credit, which includes auto and student loans, jumped +$5.1 billion, the smallest monthly increase since February.
Meanwhile, the average interest rate on credit cards rose to 22.15%, near the highest on record.
Is consumer borrowing reaching a tipping point?
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
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NEW: Iran buries former Supreme Leader Khamenei in Mashhad following massive funeral procession
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Introducing NEOβs 25 Degrees of Freedom, tendon-driven hands β nearing or surpassing human-level dexterity, strength, speed, and reliability.
For seventy years, robotics worked around the hand problem. The humanoid bet is the reverse: it lives or dies at the fingertips.
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For seventy years, robotics worked around the hand problem. The humanoid bet is the reverse: it lives or dies at the fingertips.
π³πΎπΎπΌπΏπ€π π πΈπ½πΆ
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β‘3β€βπ₯2π₯°1
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DEMOCRATS: The new strategy of the Democrat Party to seize power is to destroy America through violent revolution. These people want us dead
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π3π±2π€―1π1
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Every time I see this smol cat I feel a titanic urge to level entire cities. Anything to protect it
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"All I did was ask them to remove a woman from the plane and they kicked me off the flight, Jerry!"
"That's all you did?"
"Yeah... basically."
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"That's all you did?"
"Yeah... basically."
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π14π―1
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π8π±1π1
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TEXAS SENATE RACE: Confronted over his insistence on exposing a child sexual assault victim's private information, James Talarico (CIS) said "the victim is not the issue here." His own words say it all. A child victim's rights mean nothing to his political ambitions
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