AzogtheDefiler, post: 22830888
How does our debt impact the economy? Please explain.
Sorry I mistook you for a fiscal conservative.
Where do I start?
How about the ultra right Washington Examiner?
- But the president is screwing over my generation. We’re the ones who will suffer through a recession when the debt bubble inevitably bursts and who will have to pay $1 trillion in taxes every year just to cover the interest payments on debt past generations accrued. Think about it: Our grandparents have maxed out their credit cards on a spending spree, and they're leaving the bill, and the interest, for us and our parents to pay off. It’s a disgrace. President Trump must not sign the death warrant on my generation’s financial future
Apparently you prefer living off the credit card pretending times are good and that card will last forever.
The strength and weakness I’m talking about is having an economy that is very good but at the same time is strong enough to pare down the growing debt.
Trumpo’s Economy was marginally better than Obama’s last four years. Not a lot of strength there if you think about it. But in the debt side TrumpO is horrendous.
He pledged to eliminate the entire debt in eight years but in reality he has nearly doubled Obama’s second term numbers wiry no end in sight with GDP running no higher than 2.5.?
TrumpO’s economy is weak weak weak. Even the Fed had to lower the rate to save it.