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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: ryanaka who wrote (1111836)	1/19/2019 5:51:20 PM
From: RetiredNow	Respond to of 1579682

Trump is not a neocon, but he's also not a fiscal conservative. We all talked about that prior to him getting elected. He loves debt. However, don't think for a second that EVERYONE who voted for Trump also believes that deficits don't matter. I for one KNOW deficits matter. There is a countrywide delusion that they don't, but that is fantasyland thinking. It is short term euphoria to ignore the long term suicide that we are all committing. Ocasio-Cortez says that MMT is the solution, but she's an idiot. What she's saying is that the answer is money printing. That alone shows how clueless she is. The bottom line is that deficits, debt, interest rates, and money printing all matter and right now, we are accelerating towards disaster. It started in earnest with Bush Jr, grew very alarming under Obama, and now is so rampantly irresponsible to run such a massive deficit when we are supposedly not in a recession, that I think the whole damned country has become completely delusional. And btw, I don't believe for a second that any of you Democrats believe in deficit reduction. You didn't say a word during the crazy Obama years. I did, though. I complained about his deficits loudly. I complained about them loudly under Bush Jr. I've been very consistent. Trump's tax cuts were irresponsible as well. The only part of his tax cuts that I really believed in was the repatriation of cash from overseas. That was the right thing to do, even though we all knew that cash was going to be used for dividends. I might have added a rider to that bill to say that tax break would be limited to dollars brought back for use in paying down corporate debt or investing in R&D or in hiring US employees, and excluded buying back stock or paying dividends. But that would have never passed, since our Congress is bought and paid for by corporations.