Quote:
Originally Posted by Guest
The federal government is so large and so bureaucratic that it will be unable and unwilling to carry out any real reduction. Do you believe the 535 members of Congress multiple czars will cooperate? Add to that public unions will join in and resist any changes in employment reductions. People are just dreaming if they believe anything is going to change.
Personal Best Regards:
|
Hard to tell if what you say is accurate, but it surely seems very plausible,
Will be interesting on the infrastructure spending promised by Trump during the campaign and its affect on the national debt and our GDP growth.
Our economic growth last I read probably will be at about 1.8 for 2016. We keep saying we want up to 4 %. Other nations like Japan and China show much higher growth percentages. There are those who think 4% is not ever going to happen. They refer to China etal as new born economies and that our economy is "mature" thus we should not expect the same growth as those countries.
Infrastructure spending, done correctly, is great for the economy p...jobs, etc.
There is the matter, however of the national debt which, if all Trump promised is done, will absolutely go through the roof.
Discussion of the tax policies, where the revenues come from, how the defense spending is done (remember Trump wants big increases) etc will make for interesting listening and reading.
I hope that all posters take a break from the extreme, radical websites when looking for news on this discussion and try CSPAN and other media because even the basics can get confusing.
This is not aimed specifically at you, honestly, but in thinking about this! Those websites do not have the USA interests in their heart. Much too important for discussion from a non extreme point of view.