We are adding $1.5 trillion per year to our current $16 trillion debt; our debt-to-GDP ratio has surpassed 100%; and our unfunded liabilities total in excess of $120 trillion.
However, since you believe the danger is exaggerated because it is election time, here is your opportunity to explain to everyone how the current state of fiscal affairs really is sustainable after all.
Specifically, I'd be curious to hear your opinion about how long the current state of fiscal affairs can continue without a currency collapse; that is, if you even believe a currency collapse is more than just a fictitious bogey man thrown out by the CINOs every four years at election time.
“Specifically, I’d be curious to hear your opinion about how long the current state of fiscal affairs can continue without a currency collapse;”
It stops the second the GOP congress stops approving his actions and defunds Obama’s agenda. Not a moment sooner. No RINO President required.
Demonstrate for me the error in my statement.
However, since you believe the danger is exaggerated because it is election time, here is your opportunity to explain to everyone how the current state of fiscal affairs really is sustainable after all.
***Why should I? My position is that the fears of the loss of our republic are overinflated. The “current state of fiscal affairs” will be resolved by raising taxes and cutting and all the same stuff that’s been done in the past.
Specifically, I’d be curious to hear your opinion about how long the current state of fiscal affairs can continue without a currency collapse;
***I’m a Socon. I don’t pay that much attention to fiscon issues. The last time we had a currency collapse was the Great Depression. We did not lose our republic at that time.
that is, if you even believe a currency collapse is more than just a fictitious bogey man thrown out by the CINOs every four years at election time.
***I believe it is a fictitious bogey man, yes I do. Just like the last big problem in 2008 when a bunch of idiotic companies were deemed “too big to fail”.