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Strategies & Market Trends : Ride the Tiger with CD

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To: zzpat who wrote (257950)3/28/2018 2:32:25 PM
From: Valuepro  Read Replies (1) of 312813
 
I have to repeat that both are guilty of gluttonous spending. Singling out one party over the other is just partisanism, IMO. Again, Democrats like spending and tax increases, Republicans like spending and borrowing. Over time it's all the same thing.

Here's something on the subject from 1991...

"Taxes should be cut, and some of the debt should be retired. The way to do that is to start paring our world-record government budget. The most important thing to do is to settle the feud between the deficit hawks and the supply-siders and lay claim to any budget surplus for debt repayment and tax cuts before the surpluses emerge."

cato.org

In regards to the last part of that last sentence, Trump is putting the cart before the horse. You are saying that will not work, and history suggests that is so. Apparently, too, nothing else government does in this regard works either.
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