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re: What is Trump's plan for inflation and reducing the federal deficit/debt?

Posted on 3/9/24 at 10:50 am to
Posted by NIH
Member since Aug 2008
112886 posts
Posted on 3/9/24 at 10:50 am to
There is no serious solution to spending nor any serious person running on that (with a chance). The question is, how far off is the cliff?
Posted by Bunk Moreland
Member since Dec 2010
54224 posts
Posted on 3/9/24 at 10:53 am to
We’re adding a trillion in debt every 100 days. I wouldn’t be surprised if there is a massive crash by the end of the year.
Posted by momentoftruth87
Member since Oct 2013
72699 posts
Posted on 3/9/24 at 10:54 am to
It’s funny ppl believe some random number. I guarantee the national debt is far worse than that number.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425409 posts
Posted on 3/9/24 at 10:56 am to
quote:

The question is, how far off is the cliff?

That depends almost entirely on our GDP growth rate
Posted by Penrod
Member since Jan 2011
40159 posts
Posted on 3/10/24 at 11:17 am to
quote:

The question is, how far off is the cliff?

There is no cliff. There is simply a descent down an inflationary slope. The US debt will never suffer default. They will just print money to pay it off, as they have been doing.
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