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Interest payments soon to be larger than Medicaid, national defence

#20

(11-12-2018, 09:15 AM)flsprtsgod Wrote:
(11-12-2018, 09:12 AM)mikesez Wrote: 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.


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.

Tax cuts are always necessary and always good.

Unless we're talking about a flat consumption tax that replaces income tax.
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RE: Interest payments soon to be larger than Medicaid, national defence - by TJBender - 11-12-2018, 04:40 PM



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