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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sykesix   😊 😞
Number: of 21943 
Subject: Re: TCJA 21% vs 15% Corp. tax rate
Date: 11/12/24 6:59 PM
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No. of Recommendations: 7
Everything should be on the table for examination, all the time. But in a practical matter, it is a lot easier to talk about cuts than to actually do cutting. The DOEd's largest area of spending for things like student loans, Pell grants, and other student aid on the secondary level. Next is spending on the K-12 level like grants to local school districts in impoverished areas, Native American schools, funding for special education, etc.

Any or all of that could be cut, but there is a constituency who doesn't want it cut. And do you really want to be the Congressman who voted to cut special education? My eyes tend to glaze over when a politician says he wanted to cut waste, fraud, and abuse. Everyone is opposed to waste, fraud, and abuse. But unless you really roll up your sleeves it is hard to fix and the cure can be worse than the disease. I used to do a lot of military contracting and I swear about half the budget was spent proving there was no waste, fraud, and abuse.
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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