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#spending

21 posts16 participants3 posts today

Younger Americans don't have enough saved to cover a single month of spending, showcasing their vulnerability should the economy head into a downturn. Members of #GenZ spending twice the amount they had in savings on average in February. The ratio has increased in the past 2 yrs, and is much higher than for other generations...they tend to spend a bigger share of their incomes on necessities including #rent and #utilities. fortune.com/2025/03/14/gen-z-a #economy #economics #stockmarket #spending

Fortune · Gen Z Americans don’t have enough saved to cover a single month of spendingBy Augusta Saraiva

Oh, Canada! 🍁🇨🇦 The Great White North is considering ditching the F-35s because apparently, even snow melts faster than the US decision-making process on jets. ✈️ Meanwhile, #Portugal is also in on the action, proving that when it comes to #military #spending, two can play at indecision. 🤷‍♂️
businessinsider.com/canada-wei #Canada #Decision #Making #F35 #HackerNews #ngated

Business Insider · Canada weighs its purchase of F-35 fighter jets amid US tensionsBy Rebecca Rommen

#Trump & #RussellVought lead on #Project2025 alum, plan to #impound federal #spending in direct violation of 1974 #Impoundment Control Act. This would prompt legal fight very likely decided by #SCOTUS & threaten separation of powers outlined in #Constitution.Trump Drafts Plans to Take Over #Congress Spending Powers. Donald Trump plans to make massive cuts to spending after Congress decides on the #budget..taking a wrecking ball to our democracy, nothing is stopping him newrepublic.com/post/192733/tr

The New Republic · Trump Drafts Plans to Take Over Congress’s Spending PowersDonald Trump plans to make massive cuts to spending—after Congress decides on the budget.