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Trump claims that he’s presiding over the strongest economy ever. The growth is debt-based
Posted by:
VoteStrike
()
Date: January 20, 2019 02:59PM
Trump claims that he’s presiding over the strongest economy ever. The growth is debt-based
https://undergroundnewzinc.blogspot.com/2019/01/trump-claims-that-hes-presiding-over.html
Here’s a view of America’s economic future that may amaze you; it certainly floored me. Our current course promises a rendezvous with disaster.
As a candidate, Donald Trump said he could eliminate the national debt in eight years, largely by focusing on better trade deals. But in office, Trump has presided over a considerable increase in red ink, with annual deficits expected to surpass $1 trillion as soon as 2019.
Total debt outstanding is now approaching $22 trillion.
Even the prayer people are happy to set aside their morals. They know that Trump’s kind of magical thinking is precisely what the world needs right now, otherwise everybody would get very upset at the way the planet is warming, the threat of nuclear war, and the global refugee crisis. Right now we obviously need the kind of leader who is completely ignorant about the consequences, and just lives in the moment.
The economy is, in fact, expanding pretty fast –- but not necessarily for the reasons Trump said it would. The president promised to squeeze more American growth out of businesses and foreigners. Instead it’s the government, deploying its balance sheet via deficit-spending, that’s doing the work....
Trump claims that he’s presiding over the strongest economy ever. The growth is debt-based
https://undergroundnewzinc.blogspot.com/2019/01/trump-claims-that-hes-presiding-over.html
Attachments:
https://undergroundnewzinc.blogspot.com/2019/01/trump-claims-that-hes-presiding-over.html
Here’s a view of America’s economic future that may amaze you; it certainly floored me. Our current course promises a rendezvous with disaster.
As a candidate, Donald Trump said he could eliminate the national debt in eight years, largely by focusing on better trade deals. But in office, Trump has presided over a considerable increase in red ink, with annual deficits expected to surpass $1 trillion as soon as 2019.
Total debt outstanding is now approaching $22 trillion.
Even the prayer people are happy to set aside their morals. They know that Trump’s kind of magical thinking is precisely what the world needs right now, otherwise everybody would get very upset at the way the planet is warming, the threat of nuclear war, and the global refugee crisis. Right now we obviously need the kind of leader who is completely ignorant about the consequences, and just lives in the moment.
The economy is, in fact, expanding pretty fast –- but not necessarily for the reasons Trump said it would. The president promised to squeeze more American growth out of businesses and foreigners. Instead it’s the government, deploying its balance sheet via deficit-spending, that’s doing the work....
Trump claims that he’s presiding over the strongest economy ever. The growth is debt-based
https://undergroundnewzinc.blogspot.com/2019/01/trump-claims-that-hes-presiding-over.html
Attachments: