Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Angels27
We are rapidly approaching the debt ceiling. After that there is nothing to work with to get anything done. Even for day to day operations.

What is needed right now is time and that is running out.

February added 298,000 jobs. Up about 85,000 over the last 2 February's. We need to be able to have momentum and keep it going. Adding big numbers to the employment ranks means more tax revenues.

Trump wants tax reform by August, and then we still need time to have those tax reforms have affect.

Trump is trying to cut spending, but at the same time still has to spend.

Here is an administration that inherits a deficit budget, with a debt limit that hits 4-5 months after he takes office.

That isn't enough time to get things moving.

Trump is a business man. A builder.
Builders need a line of credit to build things.
Trump needs a line of credit right now just for daily operations.
Then when the economy starts moving, then we can start reversing the trend.

8 posted on 03/09/2017 8:22:54 PM PST by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: mountn man

I agree. It’s just that people aren’t used to someone keeping promises so naturally are skeptics.


12 posted on 03/09/2017 8:36:05 PM PST by Ymani Cricket (Pressure makes diamonds - General Patton)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson