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.
[Unfunded liabilities divided by 325M population]
Oh my, a Freeper that actually understands finance and economics!! You are spot on.
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
The increase in gubmint spending (thanks, “0Bongo’s Bitch” McTurtle!) may very well smother any possibility of GDP growth.