What should the US government expect when Congress and endless presidents give the World Bank and IMF billions of US tax dollars to play with? The US government is on the hook for $52 billion to the World Bank. The US has a financial commitment of $183 billion to the IMF.
Private sector jobs add productivity to the economy, while the public sector exists by taking away those gains through taxation. The public sector is dependent on the private sector for its existence.
Will CEOs suddenly announce massive waves of layoffs, or, with stocks now having erased all of the post-Liberation Day losses, will CEOs suddenly find a renewed optimism?
