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Reply to "It Started as a Tax Cut. Now It Could Change American Life."

SirWasabi posted:

Oh, so it turns out the Republicans really don't care about doubling the deficit,just as long as it's not done by a Democrat. Republicans have to be wondering exactly why they elected this administration.

The Republicans control the House, Senate, and the Presidency and still can't seem to get their agenda passed.

I believe that using the not very dynamic scoring of an average of 1.9% GDP growth, the bean counters project that the National Debt will grow by $1 Trillion over 10 years. Considering that the 2017 deficit is $443 Billion and the National Debt is over $20 Trillion, I suspect that you have far exceeded Sam Clemons and Ol' Ben Disreali's "Lies, damm lies, and statistics". Considering that the last two quarters have been above 3% GDP growth with just regulatory relief, that projected Trillion bucks will probably be less. 

Also, even if that $1 Trillion pans out, that is still small potatoes with the Obama administration legacy cost deficits:

Federal Debt Projected to Grow by Nearly $10 Trillion Over Next Decade

https://www.nytimes.com/2017/0...t-deficit-trump.html

 

 

  


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