mho.
Well, since the administration decided to pay for Iran’s nuclear weapons development and . . . .
Trump should just slash and burn the budget if he wants money for infrastructure and the military.
There’s a trillion a year to be saved, I would venture to say.
Quantitative Easing will take care of everything. LOL
On the Trump analysis, the CBO is not calculating the increase in production and new wealth that will also explode by eliminating regulations, (the associated costs plus increased wealth from greater exports/sales to other nations and), not the least of which would be in the energy sector. Cheaper energy for other nations would then increase their productivity and wealth and ability to purchase more products from us. . .and our increased wealth would in turn enable us to continue to purchase and import more from other nations.
where is Congress??????
Money doesn’t get appropriated without Congress!!!
oh did I even need to ask?????
just for the record, and not to stir up trouble, but how do you see the debt paid after the annual deficits become 0?
Where will the money come from?
Has Yellen figured out how she is going to unwind the Fed’s ~$3 trillion in T-bills yet? Or the $1 trillion in MBS? Remember when Bernanke said the Fed would never monetize the US debt?! Ha, fooled you!
http://www.federalreserve.gov/releases/h41/current/h41.htm#h41tab1
We have to hold Congress responsible.
All while The Treasury is taking in record revenues.
Ex-journalist, flack Andrea Mitchell COULD report on it
but serves her husband, Obama and Clinton.
Building to an inevitable collapse of the fiscal system which leads, invariably, to war.
> “But on campaign trail, this looming threat gets zero attention from either Hillary Clinton or Donald Trump.”
The writers are ignorant. Donald Trump has drawn attention to the exploding deficits each time he talks about the economy and government spending. And he talks about these things frequently.
Because the writers ignore this well-known fact, the rest of what they write holds no informational value. They are simply fishing for a sensational headline that fits the name of their brand. And it doesn’t work because they haven’t completed their homework.
Well, as Josh The Lying Scumbag Earnest said yesterday, this is a problem for the next President to deal with.
Also, let’s thank Paul Ryan and Mitch McConnell, who rammed through Continuing Resolutions and gave Obama all that he wanted. did they really think that after eight years, he was going to spend the money wisely—THIS time?
For eight years the wealth of America has been looted.
And Congress was in on it.
Trump is the only hope that we have to grow the economy to generate revenues to fix this.
Hillary will only make it worse.
Then we will get to the point where you will be trading in your green dollars for equally worthless but inflated blue dollars, in a vain attempt to start over.
As with many poor money managers, once the red ink goes beyond the point of no return, they no longer care, and keep spending to satisfy their spending addiction. I know two people just like this.
The big difference is individuals can go bankrupt. What happens to countries?
As with many poor money managers, once the red ink goes beyond the point of no return, they no longer care, and keep spending to satisfy their spending addiction. I know two people just like this.
The big difference is individuals can go bankrupt. What happens to countries?
Nothing will change until the collapse, hoepfully not in my lifetime. It’s how all Empires end up.
Clinton vs. Trump? I didn’t know they, as candidates for the Presidency, had much ado re: purse strings in D.C. And here I thought they only submitted a budget\wish-list. Wow, learn something new every day.
Now, where’s Mr. 10-yr plan? Oh, that’s right, he, and the scrotum from the Senate, gave Zero MORE than he asked for...
I expect a biz man may not know the ins\outs of the Constitution. Those in D.C., and ‘embedded’ for 30+yrs., on the other hand....
I can only hope someone w/ the will and knowledge will sit down and teach Mr. Trump how things *SHOULD* be done and run. Then stand the hell back and watch the BOOM, baby!
obama spend taxpayers’ money like a woman at a half-price sale.
Then he prints up more.