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To: RandFan

We have to stop running up more and more debt.


17 posted on 12/31/2024 9:25:07 PM PST by TBP (Decent people cannot fathom the amoral creulty of the Biden-Harris regime.)
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To: TBP

We do, but everone needs to understand one simple fact. Deficit spending has been propping up gdp numbers since 2008. As soon as you cut 2T in federal spending we will all get an immediate deflation recession. It will take time for the economy to adjust. My estimate is a 3 year recession when they cut 1.5-2T. Beats the depression that will occur eventually if they bankrupt the country and bust the dollars value. So it’s a pain now or death later.


59 posted on 01/01/2025 8:02:38 AM PST by wgmalabama (For rent….)
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