Quote:
Originally Posted by Bucco
Please...I am not inviting political discussion, but I am not a financial guru, thus I just do not understand all the positive talk...
Trade deficit at 10 yr high.
Tax cut will add $1.5 trillion to deficit.
Deficit grew 77% in ONE YEAR last year.
How does this convert to a positive outlook, except for those who already have money ?
Hoping my pessimism is wrong and hoping someone can explain why most financial indicators are heading the wrong way, but we still talk as if everything is just fine.
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You are correct. Anyone who can do math can figure out that the National debt alone is $73,000 per person, with no capability or plans to ever pay it off or deal with it until the country can no longer borrow money.