Stop overreacting please
Bottom line
Good growth will DWARF spending
A ROARING economy will continue MAGA despite the media nonsense
A ROARING economy is the ONLY WAY we DONT GO BANKRUPT
EVEN IF Rand A Paulettte has 100% control and decreases spending 10 pct a year
Entitlements. 21 trillion and counting. We need to GROW
THEY CUT TGE BUSINESS TAX TO 21%. They’re streaming here
Jobs are out of control
Economy is growing at 4-4.5 now and steaming ahead
Stop the stupid handwringing FREEPERS.
you sound and look WEAK
It ain’t all about money. You sound like GOPe.
Veto is only path to survival!.
No...it is not. You obviously have not seen the latest revisions...which have been revised WAY WAY WAY down. The 1st qtr was revised down from 5 to near 1.8% (see WSJ article from 28 Feb) and now the forecast for the year is around 2.7%. Next years estimate is 2.4% That's the real numbers. Your numbers were based on the Atlanta FED estimate, which are ALWAYS too high...and usually always get revised downwards...which have happened in this case.
So, the growth, at under 3%, is NOT enough to overcome decifit spending with taxes from a roaring economy that is not roaring. 2.4-2.7% growth is not roaring...and 1.8% is CERTAINLY not roaring. There has been limited wage growth...and that doesn't help.
PLUS...all of the companies that are benefiting from the tax cuts and are bringing their money back overseas are NOT putting their money into the economy. They are mostly using the tax money for stock buy-backs to support their stock prices to offset the falls from interest rate hike and QT. So, there goes THAT benefit to the tax cuts.
But...I've got time. Sit and watch. Come back in a year and see where we stand. I'll bookmark this page and set a timer on my phone.