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User talk:VargasMilan (view source)
Revision as of 06:32, February 15, 2017
, 06:32, February 15, 2017→Debt bomb under Trump
::Russia and the USA are spending a lot of money on their respective militaries. It is "cold war light". The truth is that both countries face economic troubles ahead and cannot afford to waste money. Putin out of pride wants to restore a lost empire.
::Russia and the USA are spending a lot of money on their respective militaries. It is "cold war light". The truth is that both countries face economic troubles ahead and cannot afford to waste money. Putin out of pride wants to restore a lost empire.
::But the lion's share of US federal government debt creation is via entitlements. And Trump has expressed no interest in entitlements reform like social security, etc. Maybe he sees no need to. Maybe he thinks it is not politically possible. It probably is not politically possible. The baby boomer generation seems to have no reluctance to pile on debt for their posterity.
::But the lion's share of US federal government debt creation is via entitlements. And Trump has expressed no interest in entitlements reform like social security, etc. Maybe he sees no need to. Maybe he thinks it is not politically possible. It probably is not politically possible. The baby boomer generation seems to have no reluctance to pile on debt and let their posterity pay the consequences.
::Maybe Hillary Clinton would have spent as much as Trump if elected. Maybe not.
::Maybe Hillary Clinton would have spent as much as Trump if elected. Maybe not.
::Trump is not a fiscal conservative though and there will be economic consequences. You cannot ignore basic rules of economics and not pay consequences. You cannot get away with spending more than you intake and get away with it. [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 01:29, 15 February 2017 (EST)
::Trump is not a fiscal conservative though and there will be economic consequences. You cannot ignore basic rules of economics and not pay consequences. You cannot get away with spending more than you intake and get away with it. [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 01:29, 15 February 2017 (EST)