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December 24, 2019
Candidate who said to me you give me the credit card and ill show you a good time, too. were looking at a trillion dollars pumped into the economy, an enormous fiscal boost from the federal government. it is all debt being pumped into the economy. all that, yeah, youre going to have a great economy money will it last forever? no, every economist will say it isnt. and there are things maybe not in the short terms but in the days ahead or months ahead but clearly this economy is being bo boosted b...
December 24, 2019
The economy. all that, yeah, youre going to have a great economy. will it last forever? no, every economist will say it isnt. and there are things maybe not in the short terms but in the days ahead or months ahead but clearly this economy is being boosted by deficit sending that we havent seen since the great cash in 2009. here we are. yes. trump will benefit from that and so are americans. do keep in mind it is an uneven economy, its one in which the rich get richer and the working men and wome...
November 20, 2011
I think it will require more deficit sending in the short term, and we are up against an array of other factors, and history indicates thats what we need. but if the super committee succeeds and comes up with a way to reduty the deficit, it will involve major cuts in government spending, and major reductions involving kids, families and the elderly. if the plan fails to pass congress, it triggers a process which was part of the deal to get the debt ceiling passed. $1.2 trillion in spending cuts,...