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Old 03-06-2019, 05:06 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Bucco View Post
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.
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.