2016 Trump: "I'll erase the 19 Trillion Dollar National Debt"

[Dualthreat]

February 13 2019 National Debt reached 22 Trillion.

Thanks for the debt creation / tax cut bill for the top .1% Voodoopublicans.

White House projects a 1 Trillion deficit for 2019. Thanks Cult of Trump.

• There is no theoretical basis to suggest tax cuts are in reality self-financing. To do that, the economy would need to grow by $5 to $6 for every $1 of tax cuts.
• There is broad consensus among economic models that tax cuts don’t pay for themselves. Some models find tax cuts would be partially self-financing, while others find the economic feedback would actually increase the deficit effect of tax cuts.
• Past tax cuts in 1981 and the early 2000s have led to widening budget deficits and lower revenue, not the reverse as some claim.

I understand why the .1% Rublepublican donor class support the (R)ussia / Moscow Mitch party.

Why are the rest of you are voting for inverted yield curves?

Real wage growth peaked in 2015 (Obama).

 

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