Winning

[CRedskinsRule]

Originally Posted by Schneed10

Yeah but we're borrowing at an absurd rate to make it happen, which eventually has consequences.

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.

I agree, and a side note on this, people may have started noticing the fed raising rates, and while individuals may feel a little of that, guess what happens when the federally borrowed money starts having to pay higher rates, it's not a good thing.

I do think the difference on the stimulus vs solid gdp growth, is a lot of the stimulus was borrowed money that doesn't increase the tax base. In sound GDP growth, tax revenues rise as a result. BUT your point is right it's not enough, and Congress needs to stop living in tax and spend environment.