I don’t recall Obama’s losing any sleep as he ran it up.
“It’s the type of thing that should keep people awake at night,” she added.
Uh, where has this dumb c**ze been the last decade?
NOW she tells us.
Isn’t Bezos or Slim or one of those guys worth a trillion dollars? What’s Apple worth?
Really Yeltsin? I don’t recall a peep out of you ever since Obama nominated you about how concerning the debt was. Only that the economy was doing great and you were going to raise interest rates any day now because the economy was oh so awesome under Obama.
Now I note you’ve actually just raised the rate but fear the economy isn’t good enough for that (even though it is) and now you’re frothing at the mouth about the debt because you don’t WANT to talk about how good the economy is because you’re a good sycophant and a lousy financial manager.
Federal Reserve Propoganda.
They are the foundation of America’s progressive government, massive spending, and debt-based economy.
Why worry? Climate change, Trump’s Twitter, and “racism” are going to kill us before the debt becomes a problem. /s
Why Yellen? According to your buddies Obama and his Delusional Lying Leftist Hypocrite minions, this is all “stimulus”...
More dysfunctional co-dependent federal governance: the feds create the problem, blame you, and say the answer is more government.
“$20 trillion national debt ‘should keep people awake at night”
Obviously it doesn’t keep Democrats awake at night because they know that money to pay for it can be grown on trees. Basic Economics 101 Democrat textbook theory
Yellen is short, but small increases in the Fed funds will continue. Probably around 25 basis points in the next quarter, FOMC.
5.56mm
Why can’t we state that on 1 January 2018 all entitlements and associated taxes are hereby administered by the respective states with a per capita distribution of existing resources.
Federal government will no longer offer, administer, or tax for social programs. The States can offer, administer, or tax as they feel for the same.
1.7-1.8 Trillion returned to the States for administration as they see fit. Cut Fed taxes to 10% flat across the board. No allowance for Federal bailouts of States, Territories, or other local government entities.
Then let those laboratories of democracy demonstrate which approach is actually best.
UH, if Obama’s deficit didn’t keep them up at night, why sound any deficit??
Why it doesn’t bother a single democrat in the whole country.
It does keep people awake at night just not the people in charge. :-)
What keeps me up at night is knowing hacks like Janet Yellen are in in charge of anything in government!
We need to cut about $.8 trillion from the spending and then we will have revenues of 3.6 Trillion and Spending of 3.1 Trillion, instead of 3.9 Trillion.
“The Republican presidential front-runner said in a wide-ranging interview with The Washington Post that he’d be able to get rid of the more than $19 trillion debt’over a period of eight years’.”