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NFL Boycott - Will FedEx Peak be easier...in current events?
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<blockquote data-quote="bacha29" data-source="post: 3132225" data-attributes="member: 58386"><p>The recently passed GOP budget is projected to add 1.5 trillion to the debt and the proposed tax cuts will add another 1.5 trillion . Tax cuts going to spur the economy? Projections say that the GDP will increase from 2.1% without the tax cuts to 2.4% with them. Wow, happy days are here again. The reason? it's a consumption based economy and the expected revenue shortfall will require the government to go into the credit markets and start hogging up available credit driving up interest rates. Then again why should you care? Don't you remember ? You're leaving in the next few weeks. BTW The GOP controlled Congress will meet in December to vote on a bill to raise the debt ceiling and of course they'll vote to raise it....But then again it's THEIR debt and that makes it all ok.</p></blockquote><p></p>
[QUOTE="bacha29, post: 3132225, member: 58386"] The recently passed GOP budget is projected to add 1.5 trillion to the debt and the proposed tax cuts will add another 1.5 trillion . Tax cuts going to spur the economy? Projections say that the GDP will increase from 2.1% without the tax cuts to 2.4% with them. Wow, happy days are here again. The reason? it's a consumption based economy and the expected revenue shortfall will require the government to go into the credit markets and start hogging up available credit driving up interest rates. Then again why should you care? Don't you remember ? You're leaving in the next few weeks. BTW The GOP controlled Congress will meet in December to vote on a bill to raise the debt ceiling and of course they'll vote to raise it....But then again it's THEIR debt and that makes it all ok. [/QUOTE]
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