Tuesday, June 26, 2018

CBO projects grim budget outlook under Trump

Look, I hate to be the bad news bearer, but the national debt is the biggest problem we have…and it’s about to explode thanks to Trump tax cuts, out of control spending, and rising interest rates. Hundreds of billions are being spent paying interest now, and as rates rise these amounts will only increase. The end is default. Like a third world economy. Bankruptcy. Trump knows how THAT works, doesn’t he.
This is how wars start. Real wars. Real wars aren’t as easy to win as trade wars.

The Article ‘CBO projects grim budget outlook under Trump’ originally appeared on http://thehill.com/policy/finance/394142-interest-payments-to-exceed-social-security-cost-by-2048-cbo
Jamie’s comments are his own.



More: https://jamiegraymusic.com/wordpress/2018/06/cbo-projects-grim-budget-outlook-under-trump/

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