[SeekAndFind]

The US can never grow it's way out of this hole...but the Fed and federal government is the best leadership money can buy. In real time they are choosing (and aligning themselves with) the minority who will end up winners and leaving everybody else to endure the losses as this all shakes out.

One last chart below, showing four critical variables.

1) annual change in 15-64yr/old US population (grew line)

2) Disposable personal income (green line...total dollars nationally available for spending after all taxation is accounted for)

3) Wilshire 5000 (yellow line, market cap or value of all publicly traded US stocks)

4) Federal Funds Rate (black line, short term interest rates set by Federal Reserve)

As population growth of the adult core has decelerated (and subsequent growth in demand), interest rates have been cut to incent the substitution of leverage and debt to maintain growth. However, the growth has primarily been in asset values instead of economic activity or wage growth.

[MNJohnnie]

Tax revenues set records in Q1. There was no decrease in federal income due to the tax cuts.

Where the problem lies is the Feds spend money faster then they take it in.

No matter was is going on, good economy/bad economy what ever the Govt spends spends spends. Until people stop voting for the spend aholics in Congress all this hand wringing about the Debt is just so much chicken little self gratification

[Arm_Bears]

All I know is that FEB and MAR wiped out the JAN gains in my stock portfolio.

[MNJohnnie]

The problem for “Movement Conservatives” is everyone talks about how worried they are about the Debt, until you start talking about what needs to be cut to balance the budget. Then they all run out and vote for the Dems.

[Scott from the Left Coast]

No surprise.

The Federal Debt is how all of the Members of Congress and all U.S. Senators have become multi-millionaires on a couple hundred thou a year.

[buckalfa]

Only our Lord in Heaven knows how the Trump economy will evolve. Unchartered waters. Massive tax cuts on top of a already strong economy, on top of massive public and private debt, coupled with uncertainty over international trade. Pass the popcorn please.

[logi_cal869]

Do tell.

Epic DUH.