12 Jul '18 18:52>1 edit
Since CNN and FOX News seem to be able to do little except bash each other, I've turned to CNBC financial news. The folks on wall street are getting genuinely concerned about a looming bipartisan problem, America's spiraling national debt. For the last 6 years unemployment has been low and the economy has been strong, but neither President Obama or President Trump has done much to address this growing threat. Now I am finding that America's efforts to sell paper securities to service this debt is becoming more difficult since investors are now genuinely skeptical America can meet its financial obligations in the future. This has the potential to make the great recession seem mild in comparison. So, with the national debt rising 36% faster than the economy, what will it take for our lawmakers to finally raise the necessary tax revenue to begin to pay down this multi trillion dollar debt??
http://www.businessinsider.com/the-national-debt-is-rising-much-faster-than-the-economy-2018-3
https://www.cnbc.com/2018/05/14/fed-mester-central-bank-raise-rates.html
http://www.businessinsider.com/the-national-debt-is-rising-much-faster-than-the-economy-2018-3
https://www.cnbc.com/2018/05/14/fed-mester-central-bank-raise-rates.html