(Total Views: 142)
Posted On: 07/14/2017 12:37:40 PM
Post# of 51897
Technically
We are at 104% spending to GDP, 107 Trillion in liabilities of 113 Trillion value.
Government growth and liability has to be lowered 8%. So it is not really a cut. It is reduction in spending.
8% = 96% of spending of GDP and a growth rate of 4% as at 100% you are even. 96% you are paying on the credit card and meeting your obligations.
Considering Deficit runs about 500 Billion per year 8% would mean that would need to be balanced and another 350 Billion saved or 850 Billion.
Obamacare repeal and replace saves 1 Trillion
We are at 104% spending to GDP, 107 Trillion in liabilities of 113 Trillion value.
Government growth and liability has to be lowered 8%. So it is not really a cut. It is reduction in spending.
8% = 96% of spending of GDP and a growth rate of 4% as at 100% you are even. 96% you are paying on the credit card and meeting your obligations.
Considering Deficit runs about 500 Billion per year 8% would mean that would need to be balanced and another 350 Billion saved or 850 Billion.
Obamacare repeal and replace saves 1 Trillion
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I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...everything I say is of my opinion. I'm not a good place to get investment advise...
