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Old 08-03-2018, 07:15 AM   #60
wdmso
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Join Date: Jun 2012
Location: Somerset MA
Posts: 9,146
let bring this back a bit


Despite Strong Economy, Federal Deficit Soars


Corporate tax receipts are down for the year, while government spending is up. Even with a fast-growing economy, the Treasury Department expects to borrow more than $750 billion to pay its bills during the last six months of this year.

"The federal budget deficit is ballooning, skyrocketing, soaring, whichever way you want to describe it,"

"Let me be 100 percent clear about one thing: The tax cuts are never going to pay for themselves," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. "They can grow the economy, but not enough to come anywhere close to offsetting the cost of them."

"Last time we had a recession, our debt was half the level it is today, relative to the economy,"


And all this is Good How ??? Trump has trump has scammed America His base see him as infallible believe him over facts ..

Its not Trump deranged syndrome thats the issue in America .. the issues is with his Base its called the stockholm syndrome..
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