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To: DoodleDawg

DoodleDawg, did you expect the deficit spending to stop the very day Trump was sworn in? I didn’t.

I knew it would take time. I expected it to take 2-4 years after the tax cuts were signed into law.

I do believe Trump has put the initial pieces in place, and I expect receipts to increase plenty more over the next few years.


59 posted on 07/23/2018 8:45:01 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs)
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To: DoughtyOne
DoodleDawg, did you expect the deficit spending to stop the very day Trump was sworn in? I didn’t.

I didn't expect a balanced budget day one. But I had hoped that the deficit would begin to go down and not go up to the trillion dollar range.

I do believe Trump has put the initial pieces in place, and I expect receipts to increase plenty more over the next few years.

What good are increased revenues if expenses grow at an even faster rate? And what if revenues don't continue to increase but spending does? After all, we're going to have a business downturn sooner or later. What then?

60 posted on 07/24/2018 3:40:13 AM PDT by DoodleDawg
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