Under President Donald Trump? Probably.
The nation's total debt has topped $22 trillion for the first time in U.S. history.
The Senate just passed a massive tax cut for the wealthy, despite continuing to claim how good this is for the middle class.
Unless the $1,000-per-child tax credit is doubled, most lower- and middle-income families will barely see a cut, if at all.
It would cost more than $7 trillion over the next decade, according to one analysis.
Both major political parties in America are shepherding crafty plans to benefit their side at the expense of the other. What neither side sees is that in trying to kill off the other, their protracted and intense internecine warfare is moving the country away from the shared public good.
Making America great again -- by running up huge IOUs.
Coincidentally (well, not really if you pay attention to the way the World works) it was also Goldman Sachs who cooked Greece's
Many people might think that Donald Trump can only teach the country how to offend women, African Americans, and a range of non-European ethnic groups. While that may be his area of expertise, it seems that his rants on dealing with debt may actually provide a teachable moment.
In a crisis, where debt suddenly became completely unmanageable, cutting spending or services wouldn't and couldn't happen fast enough. Raising taxes is an even slower process. Look how hard it is to do either, even in times when we aren't in crisis.
Trump supporters would be wise to consider the possibility that he does not actually have access to a hidden room full of brilliant minds. He is what he is. Take this campaign at face value. Trump flip flops. Trump insults.
It's the economy, stupid.
The economy is NOT that good. There's no shame in selling in May and taking the summer off - it's what Wall Street Banksters
Look at our discretionary spending budget ($1.3Tn out of $4Tn in total Government spending) - what programs will we have