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To: deplorableindc
"he argued that "growth is the solution to any debt issues"

Only if the economic growth exceeds the growth of the deficit. And that's not happening. Washington is not only unwilling to reduce the deficit, it's unwilling to slow down the rate the deficit is growing. You can only spend a trillion + dollars of imaginary money every year so long before the whole house of cards comes crashing down. And the longer it takes the worse the fall will be.

15 posted on 04/29/2019 11:05:24 AM PDT by circlecity
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To: circlecity

Bump!! Very wise comment.


18 posted on 04/29/2019 11:09:55 AM PDT by entropy12 (Learn all you can from the mistakes of others. You won't have time to make them all yourself.)
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To: circlecity

Bump!! Very wise comment.


19 posted on 04/29/2019 11:09:55 AM PDT by entropy12 (Learn all you can from the mistakes of others. You won't have time to make them all yourself.)
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To: circlecity

Of course it’s no happening. Nobody expected the increase from the tax cuts to happen over night.

Two or three years from now, we hope to see much more IRS receipts. As those receipts go up, if spending levels out, we should see a narrowing of the deficits each year.

We don’t control the House right now. Sadly.

If Ryan and McConnell had gotten off their asses and passed the tax cuts a year earlier, we could be seen better returns sooner.

Hey, they were too busy to be bothered with faster better legislation.


28 posted on 04/29/2019 11:37:20 AM PDT by DoughtyOne
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To: circlecity

When it collapses, we’ll hear more of Modern Monetary Theory. Just put more of spending credits in people’s accounts, and not worry about debt. It’ll only be a problem for us little folk who will lose all freedom to get ahead in life.


35 posted on 04/29/2019 11:46:57 AM PDT by grania ("We're all just pawns in their game")
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To: circlecity

...and when it all comes down there will finally be a day of reckoning. The libtards are so retarded they are trying to kill the only thing that is keeping them alive.


53 posted on 04/29/2019 1:20:45 PM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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