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To: RomanSoldier19
Sad to say, but that seems to be where we are now as the near inevitable consequence of Democratic policies. In the 1980s, Reagan's policy of cuts in taxes and regulations got us out of the ditch. Trump will no doubt adopt Reagan style policies, assuming that he wins big and carries enough Republicans with him to have a mandate for change.
7 posted on 04/28/2024 2:51:46 AM PDT by Rockingham (`)
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To: Rockingham

I would agree with you but there is ONE major difference between then and now, we weren’t 30+ trillion dollars in debt in the Reagan Era.

We’ve had an inverted yield curve for quite a few months, which has caused the Biden Administration to finance the national debt with short term treasuries, the debt is horrible now, but a spike in interest rates that is sure to come will cause the debt to explode even more, which means a new Trump administration will inherit a disaster and limit what he can do in the short term.


11 posted on 04/28/2024 4:06:48 AM PDT by srmanuel ( )
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