UNDER TRUMP, OUR ECONOMY IS A HOUSE OF CARDS
Leo Hindery, Jr. is co-chair of the Task Force on Job Creation and a member of the Council on Foreign Relations. Formerly the CEO of AT&T Broadband and its predecessor, Tele-Communications, Inc., he is currently an investor in media properties.
https://www.newsweek.com/trump-econo...llapse-1490978
Quote:
The Congressional Budget Office recently projected that the U.S. national debt will rise to 98 percent of gross domestic product by 2030 and that deficits will be more than $1 trillion every year for more than a decade—eye-popping revelations that are every bit as bad as they sound.
Yet while the fiscal deficit goes through the roof, many conservatives have been unwilling to take on the Trump administration's economic approach, even if it means betraying their avowed fiscal conservatism.
|