Featured Steve Bannon

So to be sure I'm getting this "education" straight, you don't believe there will be any counter-balance then and the end result will only be the "adding" to a higher national debt by the Trillions? As much as "10 Trillion" to the debt?

 

If Trump spends $1 trillion on infrastructure, builds up the military, slashes taxes, and expands free child care and family leave, along with the continuing growth of retirees accessing Social Security and Medicare (remember Trump said he wouldn't touch that) yes, the debt will increase by at least a couple trillion. I wouldn't go as high as $10 trillion, but when he leaves office the national debt will be in the low-mid $20 trillion, so 3 to 4 trillion more.

And no, there will not be enough economic growth to offset his new borrowing. Throw in the fact the Fed will start raising interest rates as growth occurs to combat inflation and you will not see the debt reduced.

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