Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: canuck_conservative

The Tax bill could bring much investment back to the US, which (assuming it increases the GDP) mitigate the gravity of higher deficits. ie, If I make 100K, but owe 500K, not good. But if I make 1 million, and I owe 500k, not so bad.


6 posted on 02/09/2018 7:06:16 AM PST by 11th_VA (People who deny reality often do not live to regret it.)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: 11th_VA
Okay, sounds good. What if you make, oh, say... $150k... and you owe $692,307.69?

[Unfunded liabilities divided by 325M population]

8 posted on 02/09/2018 7:12:26 AM PST by C210N (It is easier to fool the people than convince them that they have been fooled)
[ Post Reply | Private Reply | To 6 | View Replies ]

To: 11th_VA

Oh my, a Freeper that actually understands finance and economics!! You are spot on.


82 posted on 02/09/2018 9:41:43 AM PST by Professional
[ Post Reply | Private Reply | To 6 | View Replies ]

To: 11th_VA

good point

a strong growing US economy can easily dwarf the (rather large and growing ) deficit

thats what Trump is banking on

I think hes right

look at whats happening already in year 1


86 posted on 02/09/2018 9:56:05 AM PST by Truthoverpower (The guvmint you get is the Trump winning express !)
[ Post Reply | Private Reply | To 6 | View Replies ]

To: 11th_VA

The increase in gubmint spending (thanks, “0Bongo’s Bitch” McTurtle!) may very well smother any possibility of GDP growth.


142 posted on 02/11/2018 5:59:12 PM PST by RocketMan1 (Privileged White Cracker)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson