Analysis | U.S. borrowing on pace to top $1.3 trillion this year, the highest since 2010

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Analysis: U.S. borrowing on pace to top $1.3 trillion this year, the highest since 2010

 

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Trade agreements will balance!

Hey all you “fiscally conservative” Republicans, how is this acceptable to you?!

THAT'S odd, I don't feel any wealthier? Oh, wait!! I'm one of the 99% ...

The tax cuts have to be paid somehow. So….

trumpenomics at work...bankruptcy is all he knows

_cingraham keep bring in illegals immigrants 💵

Why are we borrowing when our economy is booming? Could it be we have to to pay for the BIG corporate tax cut, and the REALLY BIG tax cut for everyone who does not need one, like the top 1%

MAGA...right IvankaTrump?

SpeakerRyan what do you have to say about this? You and you gop leaders are the biggest fiasco in the history of our country.

MidtermElections2018

Remember when the GOP freaked out over Obama saving the economy? And now they’re letting bankruptcy king trump blow it all on tax cuts for his billionaire buddies and over spending on military

I'll bet trump asks Putin to bail us out, then, putin owns USA. Putins takeover will be complete

GOP fiscal conservatism at work.

Not good at all. I didn’t like it when Obama did it either.

Trump has all the experience needed to go bankrupt

When your country is experiencing a surplus you should NOT have to borrow at the same rate as if you’re recovering from a recession.

rickcatino realDonaldTrump In 2010 we were struggling to get out of a really bad recession. I guess we’re borrowing heavily now because the economy is super, the tax breaks to the middle class are just awesome, and we’re just winning like crazy. Making America GRATE Again...

So much for the 'growth' means of reduction fable. Now it's time for fiscal irresponsibility to double down on wacky.

This is nuts

Also, look at the trend during Obama years coming out of 'great recession', downward trend. Then Trumptanic takes over the reins, and voila, check out the sudden spike. Bye, bye new car, new home.

Basic economics, supply vs. demand. As Trump borrowing goes up to cover ill advised economic policies, the Fed will raise interest rates. Supply and demand, there is only so much money out there to lend. Public gets screwed with higher interest rates. Home/car forget it.

FakeNews we are not even in a recession. But anyway. Hope this will work out. One does this as a defibrillation measure to restart your dying economy. Have no Idea. Didn't read Keynes and have no Idea about political economy. Don't know. I hope they know what they are doing.

GOP:

Only thing trump should be known for; how to barrow money.

Who was President in 2010?

Gee Trump. Can you get us a government that you make totally ineffective, but then don't save us an f'n penny on?

I thought under Trump we were supposed to be paying off our debt?

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Student delinquencies up as U.S. household debt hits another recordThe total debt shouldered by Americans has hit another record high, rising to $1... *bubble* Oh please--- the tax refund they will get because of the MASSIVE tRUMP tax cuts will pay that shit off, np! Why pay? TheDemocrats keep telling them their loans will be forgiven and everything will be free..
Source: Reuters - 🏆 2. / 97 Read more »