RE: Our debt is exploding at a time of economic prosperity when we should be paying it down. We are risking severe problems at the next economic downturn when we can't spend our way out of trouble.
Posted By: Daedalus17
Date: Sunday 14 April 2019, at 10:13 pm Recommended by
Look at the great recession. We spent our way or of it while Greece crashed and burned because they couldn't.
Now we should be paying down the debt since we are out of the trouble. Instead we are going into more debt against the advice of economists. Even with Greece as such a perfect object lesson of what can go wrong with too much debt.
So if we crash and burn in and have a future recession turn into a depression we can thank Trump and his Republican Congress.
Yes I believe I got a small tax cut. And I am putting the future of my country at risk for a tiny bit of extra money.
Don't take my word for it. Go read reports from the CBO and comments from Federal reserve insiders.