BuckToothMoron
Gold Member
- Apr 3, 2016
- 9,895
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Horseshit.Yes, debt is the spending of tomorrow's income today.Hence debt runs the economy. Fractional Reserve Banking is why the crash will come.There is more debt than there is money.
Trump's fake tax cut stole $1.5 trillion out of the pockets of the unborn.
You are a very limited thinker G. Your thinking is stunted by your myopic hatred. Adults grow out of that.
I watched the pseudocons wail and moan for eight years about Obama's overspending, and then suddenly go totally radio silent when Trump took office and promptly began doubling the deficit.
So fuck you, asshole.
That is the problem with belonging to a particular political party- you lose objectivity. Trump got elected by pandering to un and under employed people. He promised tariffs (horrible idea) to create American manufacturing jobs and a trade surplus. Trade deficits are generally an indication of a wealthy and healthy country.
Anybody confused needs to watch the short clip by a very good economist.
Trade deficits are generally an indication of a wealthy and healthy country.
Like Greece.....wait what?
Generally- that means there are exceptions. Take it up with Milton Friedman if you don’t understand.