(11-12-2018, 09:12 AM)mikesez Wrote:

(11-12-2018, 08:15 AM)StroudCrowd1 Wrote: Isn't the deficit already at an unsustainable level? It's not one presidents fault. It's every politician's fault. They have, and will always have a spending problem.

Higher interest rates signify a stronger economy. Trump has continuously bashed the Fed for raising rates too fast, but at the same time is a natural response to a good economy.

Do you really expect lenders to remain happy getting a 0-3% return on their money? And of course federal interest payments go to the wealthy people, THEY ARE THE ONES LENDING THE MONEY!

As for being part of the design, how do you propose keeping interest rates low in a booming economy?

I propose that the tax cuts were neither necessary nor good.
If we had simply left taxes alone, the debt would be at a more sustainable level, interest rates would be higher than they were in 2016 but not as high as today, and employment would still be high.

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(11-12-2018, 09:02 AM)B2hibry Wrote: Gee, another rag blaming Trump. From am economic perspective this is what we get with this type of monetary system. Borrow when economy is bad and pay back when good. Debt selling in the form of bonds will be attractive again...Meh, this article in one tracked and only takes the snippets from the CBO report to meet an agenda. Because most folks are clueless as to how the economic machine churns, the chicken little will be clucking away!

We borrowed more under Obama because times were bad.
We were supposed to borrow less once times were good.  Obama was tapering down the level of borrowing. Then Trump increased borrowing even though times were good.  
So I agree with you.  By your own words, Trump is not doing things the way they are supposed to be done.