Oh, dear, I think debt growth has reached an exponential phase.
We don’t have much of a chance to turn this ship around—if anyone can do it, it would be someone like Trump.
With Trump we have an actual chance of growing our way out of debt although it still will require some fiscal discipline.
Over a trillion in just 6 months.
It is mind blowing.
The uphill insurmountable problem is he wants to raise taxes on corporations and the rich to pay for healthcare, etc. Doing that will kill any growth potential for the GDP. He has absolutely got to slash the budget, entitlements, welfare and major freestuff, even military. Doing that and we become sitting ducks for China and Russia.
it’s been exponential for quite some time... and we’re past the inflection point