The problem is that those two or three carts filled with toasters, etc. is being paid for with credit cards with interest rates of up to 21%.
OOPS-—Impeachment has Dems losing votes faster they can manufacture them.
Impeachment promoter Nadler said: “We cannot rely on an election to solve our problems.”
Sounds like something Idi Amin said.
But I agree with you - Trump needs to create a plan to reduce public sector liabilities.
Trump seems very methodical regarding how he's attacking a series of issues - first, grow the economy and stabilize defense programs. Then retake Congress in 2020 and begin fiscal reforms.
Lower unemployment and a secured Southern border should reduce need for federal welfare spending, so that's a start in the right direction....
I expect to hear some big plans for budget reforms from the WH after Trump wins re-election.
Every month that goes by without a collapse in what appears to be a severely overextended credit sector reassures us a Trump 2020 victory.
But I am worried about the situation and I'm with you - there is too much debt out there and it's like a game of musical chairs. Any small shock means the music stops & some people are not going to find a chair to sit on.
Since the Democrats are all about 'class warfare' and social justice fakery, a Dem President (if that happened) would seize private sector retirement accounts, which approximately equal the size of the Federal Debt ($25 Trillion), and use it to bail out public union pensions and rent-seeking campaign donors on Wall Street and K Street. Like Obama did for GM unions at expense of GM bond holders. It'll be Cyprus bail-in of 2013 when the government confiscated bank accounts, only times a thousand.
Not trolling, just realistic. Let's keep our fingers crossed, the next 11 mos...
The problem is that those two or three carts filled with toasters, etc. is being paid for with credit cards with interest rates of up to 21%.
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I have used a c.c. for 7 years, cash back 1.5%, pay in full every month. Last month I had around $2,000 in charges and simply (stupidly?) forgot to pay it on time.
Interest & penalty, $45.
That’ll larn me a lesson!