Quote:
Originally Posted by tabs
And U boyz think T is making America Great Again...not with a Trillion in new debt he isn't.
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How would you have started to fix the debt, Ted?
First, what percentage of the Federal Budget is not already law, and indexed to boot?
So your options are really few, as you no doubt already knew.
So, Ted, you would have:
1) Picked a fight on Medicare, ending the indexed increase every year
2) Picked a fight on welfare/social spending, rolling back spending and eliminating the indexed growth
3) Wear your Dragon Azz Jean to the Phoebe Buffet
The demand side of the Prez Bud wasn't going to change, Ted, not in the first term since he inherited O's budget the first year. That is how it works.
So, you either grow your way out of debt or reduce spending.
In the short term, he has rolled back draconian regulations, gave small businesses a break in taxes, encouraged growth, cut taxes and is getting America back to work.
We will see increase in debt in the short term, a small increase in interest rates and inflation...take the long view. Trump, for all his bluster and crudeness changed the course of our debt service....stop being so sad about the trajectory of the US.
BTW, hold your elected representatives responsible for the debt. Spending is the issue, not revenue.