All of Washington seems to be in cardiac arrest over news reports late last week that Donald Trump is planning a budget featuring $10 trillion in cuts over the next decade. We can only hope and pray that the reports are accurate.
This is an enterprise that has been borrowing $1 trillion a year for the past decade and is expected to continue to do so for years and decades to come. The national indebtedness will soon exceed $20 trillion, and everyone in Washington is in denial about this metastasizing cancer cell when they should be ordering radiation therapy before it kills off the economy.
Yes, even in Washington, $10 trillion is a whole lot of money. It’s roughly equal to the entire amount of debt that was accumulated by Barack Obama in eight years. ........What Trump is really proposing is a $10 trillion stimulus to the private economy. It’s about time.......To Read More....
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