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#11 | |
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A Dude
Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
Posts: 12,458
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Re: Winning
Quote:
Trump's tax plan dropped tax rates, so parts of the public are enjoying that significant change, but the federal government has not reduced spending in concert. The deficit has grown significantly larger. It's the same effect as a stimulus. Obama's was an injection fed by quantitative easing, ours is an injection of Chinese cash buying up more of our debt. It will eventually impact inflation rates and the strength of our currency in a negative way.
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God made certain people to play football. He was one of them. |
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