Legislation is being considered that needs to be whittled down to adding just $1.5 trillion to the Federal deficit over the next 10 years. This averages out to another $170 billion being added to the deficit in 2018, 2019, 2020, ..., and 2027. This is on top of an estimated Federal budget deficit for the current year of -$602 billion that is estimated to come in between -$450 billion and -$550 billion each year over the next five years according to the U.S. government itself in the Bureau of Economic Analysis that we all know will end up being more than -$450 billion to -$550 billion per year at the end of the day regardless of what party is in control in Washington.

Why are we even having a conversation about adding a mere penny to the deficit? Instead, where the heck are the surpluses!?!

We are already currently in the third longest sustained economic expansion in U.S. history dating back to the mid-1800s. At 98 months, it is quickly closing in on the number two spot held by the 106-month expansion from February 1961 to December 1969.

Certainly, the recovery has been anything but robust in magnitude. But it has been extensive in duration. And it is showing no signs of letting up anytime soon under the current set of fiscal policy circumstances.

A really good expansive article, NOT POLITICAL, continued on "Seeking Alpha", a financial, not political, website.