His concerns are valid. Thanks to lots of GOP tax cuts, America has been spending $$ just like before with fewer dollars coming in. They'll come a day of reckoning on this, though I don't know how bad it will be.
Originally posted by @mchill His concerns are valid. Thanks to lots of GOP tax cuts, America has been spending $$ just like before with fewer dollars coming in. They'll come a day of reckoning on this, though I don't know how bad it will be.
To be fair Obama extended the Bush tax cuts and increased the debt quite a bit. Bill Clinton deserves a lot of blame for the last financial crisis so there is plenty of blame to go around.
Originally posted by @metal-brain It doesn't matter who is president. No policy can correct the imbalances without getting a recession. There are consequences for popping bubbles.
Sure it does.
Whoever is President gets the blame or credit, whether or not they deserve it or not.
It's just part of the job.
People are lemmings and have been taught to only look to the President for all their needs, which is why the Left is so bent out of shape over Trump.
They literally think that the universe will implode.
Whoever is President gets the blame or credit, whether or not they deserve it or not.
It's just part of the job.
People are lemmings and have been taught to only look to the President for all their needs, which is why the Left is so bent out of shape over Trump.
They literally think that the universe will implode.
"Whoever is President gets the blame or credit, whether or not they deserve it or not."
That is largely the case. Many increase the debt to create jobs. Any idiot can do that. Give me your credit card with the highest credit limit and I will be able to hire people. I'm a genius like Trump.
17 Sep '18 01:00
IS another US financial crisis on the way?
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