Its not the tax cuts you moron. We have a spending problem.
Indeed.
The Congress is chock full of people who think it’s their duty to spend and spend. I call them “Keystone Keynesians” because unlike Keynesians they never see a time to reduce spending but deem bad times as the need to spend more and good times as the opportunity to spend more.
The consequence being that they are no longer pump priming so much as performing habitual economic masturbation in ways that might cause the sex fiend in Dr Sax to blanch in disbelief.
That Trump isn’t himself an actual fiscal conservative doesn’t help.
Regardless of the reason the deficit is at a trillion dollars and climbing. And the Republicans are doing nothing about it.
You’re right. Revenues went up, but spending outpaced revenues. When Trump is finished building national defense, he will focus on the budget.
“We have a spending problem.”
Sure doesn’t seem like it. Like all congresses they seem to have no problem spending. :)
Yup. Even going back to the Mullah’s days, I’d read about record tax payments and yet the debt kept growing.