Ep 123: 🚀 Can Elon Truly Balance the National Budget? Let's Dive Into The Numbers!

In this episode of the 9Innings Podcast, I, Kevin Thompson, founder and CEO of 9i Capital Group, explore the possibility of balancing the U.S. federal budget. I break down the national deficit, government spending, and tax revenue, proposing potential solutions like budget cuts and tax reforms. I use hypothetical scenarios, including significant spending cuts and implementing tariffs, to illustrate paths to a balanced budget. I emphasize the complexities of economics versus simple math, highlighting the potential impacts on the economy. The episode aims to educate and engage listeners on this critical financial issue, encouraging informed discussions about the nation's fiscal future.Creative Budget Cuts Scenario (00:02:05)Tax Cuts and Revenue Impact (00:03:19)Tariffs and Revenue Generation (00:04:27)Final Revenue Calculations (00:05:45)Elon’s Budget Cuts Revisited (00:07:07)Economic Growth Considerations (00:10:21)NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-pageFollow Us: youtube: / @9icapLinkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428facebook: / mlb2cfp Buy MLB2CFPHere: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.comDisclosure: https://sites.google.com/view/9idisclosure/disclosure