9/17/2017

National Debt Continues to Grow






Our National Debt continues to grow. Proposed additional spending with tax cuts will worsen the debt.

Deficit spending is appropriate in the depths of a major recession or to support a war. But when the economy is doing well we should ensure that our revenues match or exceed our expenditures.





https://tradingeconomics.com/united-states/government-debt-to-gdp

http://zfacts.com/p/318.html

https://www.cbpp.org/research/the-long-term-fiscal-outlook-is-bleak



No comments: