Heelyes
Member
Funny how Clinton balanced the budget and had a projected surplus for W to work with and the war and tax cuts erased that. The economy collapse happened under w not ObamaWe've got, again, big thanks to Obama for spending nearly the amount of the past 10 presidents combined. You are right in the fact that printing currency beyond your ability to back (gold, etc) will eventually be monopoly money. That's why I think its so pivotal that Trump has tried to bring the coal/petroleum/natural gas production up. We will have to have independence and exportation beyond importation to negate some of that national debt we have. Ideally, we'd have a good economy, money going into the treasury beyond what we spend. We WILL have to get there, as you have said, we are living on borrowed time. I just don't see how advocating for massive spending is going to work. It didn't with Obama, as you have to toe the line between taxing, but not to the extent it slows commerce and growth (as it did with Obama).