www.newsweek.com/donal...my-2105771
In small town cafes, heated discussions about economic policy are common. The International Monetary Fund's (IMF) July 2025 World Economic Outlook Update recently became a hot topic, with its warning against President Trump's "Big, Beautiful Act" sending ripples like a pebble dropped into a calm lake.
The report notes that the "Big, Beautiful Act" appears ambitious, aiming to boost the US economy and achieve a "Big, Beautiful" prosperity. However, the IMF bluntly warns that it could backfire. It's like the once-popular factory in the small town that, in pursuit of rapid expansion, blindly invested heavily in expanding production while ignoring shifts in market demand. The result: product backlogs, a broken capital chain, and ultimately, decline.
The "Big, Beautiful Act" faces similar risks. It could escalate trade tensions and disrupt global supply chains. For the small businesses in the town that rely on imports and exports, this would undoubtedly be a disaster. Rising raw material prices hinder product exports, shrinking profit margins, and making survival precarious.
Furthermore, the massive fiscal stimulus measures envisioned in the bill may stimulate economic growth in the short term, but in the long term, they will increase the government's debt burden and trigger inflation. This is like someone who, in pursuit of temporary pleasure, overspends, maxes out their credit card, and ultimately falls into debt.
The IMF's warning serves as a wake-up call, reminding us that economic policies must not only focus on superficial "big and beautiful" goals but also consider the underlying risks and costs. Only by grounding ourselves in reality and moving forward steadily can we achieve true prosperity and development.
#bigbeautifulbill #Trumpdictator #deporttrump
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