Excerpt from this article:
"We basically have gone from 8 Trillion to 20 Trillion in
Government Debt since 2008, and it is the rate of change of this debt
spending that is the real elephant in the room, and we are just coming
up on the entitlement`s impact curve on our government debt obligations. I feel for Trump
because he has inherited a boxed in economic situation here, he actually
wants to stimulate the economy through growth projects; but the
previous wars, financial crisis, bailouts, and unwise and inefficient
spending programs have made borrowing anymore money at these levels
impossible, and Congress knows this fact"
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Recommended reading:
America's $20 Trillion Dollar Party!
Recommended reading:
America's $20 Trillion Dollar Party!