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Tax cuts - Let the kids pay the bill

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    Tax cuts - Let the kids pay the bill

    'it’s a terrible intergenerational transfer. We are simply leaving for our children additional trillions of dollars of debt"

    "We would probably all agree that increases in our national debt of these kinds of orders of magnitude have a number of deleterious effects. First, they push interest rates up. … That not only increases the cost of borrowing for the federal government, it increases the cost of borrowing for private corporations whose debt is priced off of government paper.


    http://www.thefiscaltimes.com/2018/0...-Cons-Tax-Cuts

    #2
    That is how you win

    Old people are winning!!! Our kids are losing.

    Comment


      #3
      let them eat cake!

      let them eat cake!

      Comment


        #4
        Our economy is fuk'd and it won't take long for things to start going south either. But the fools who voted in the GOP and Trump are too excited by their extra $100 a month to see the bigger picture. Meanwhile the fat cat top 5% will keep getting richer and richer and corporations will keep their shareholders happy with buybacks, artificially inflating their stock prices.

        Comment


          #5
          Things are great if you are an old racist

          Not so good if you are young.

          Comment


            #6
            Send the bill to Mexico

            let them pay for it!

            Comment


              #7
              Originally posted by Unregistered View Post
              let them pay for it!
              Send it to Trump, he cant pay his bills either.

              Comment


                #8
                Social Security taps into trust fund for first time in 36 years

                https://www.marketwatch.com/story/me...05?siteid=bnbh

                Comment


                  #9
                  https://kek.gg/i/qLSCT.jpeg

                  Comment


                    #10
                    Originally posted by Run up the tab baby! View Post
                    'it’s a terrible intergenerational transfer. We are simply leaving for our children additional trillions of dollars of debt"

                    "We would probably all agree that increases in our national debt of these kinds of orders of magnitude have a number of deleterious effects. First, they push interest rates up. … That not only increases the cost of borrowing for the federal government, it increases the cost of borrowing for private corporations whose debt is priced off of government paper.


                    http://www.thefiscaltimes.com/2018/0...-Cons-Tax-Cuts
                    The federal government cashed in big in April, climbing highest ever into the black.

                    The treasury received $515 billion and spent $297 billion, making for a record surplus of $218 billion, according to a Congressional Budget Office (CBO) estimate.

                    Comment


                      #11
                      Originally posted by Sound economic policy? View Post
                      Good thing we flood the country with illegals that use the resources. But hey, some idiots need to vote Democrat or they would not win anything. MORONS

                      Comment

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