The Banker
Diamond Member
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- Banned
- #61
Either way deficits were at least manageable. Now our deficits are utterly insane. And when a recession hits they are going to explode to $2 T/yr. Scary thought... Thanks Trump you are proving yourself to be another Bush.You mean when Republicans were not working with him and not allowing him to spend?Lets do what Obama was doing 3 years ago and deficits were more like $400B, that would be a start.I keep asking this and never get an answer.And we have trillion dollar deficits.Rate cuts and QE are already being done as if there is a recession, why? It's clear Trump and his cadre are trying to keep the numbers up for the election. What happens when recession hits in spite of all that artificial stimulus? The fall will be hard and very difficult to recover from.
What do you want to cut to bring down the deficit? Social Security, Medicare, Welfare, ACA? What ?