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Memories of the 28th Century

Miscellaneous thoughts about miscellaneous matters

  1. Debt Reduction

    by , 11-22-2020 at 08:29 PM (Memories of the 28th Century)
    Since 2017 the National Debt has grown from 20 trillion to about 27 trillion, and there are proposals for additional stimulus that would add between 3 and 4 Trillion to the debt. Most of the increase in debt under Trump is due to the huge tax cuts that were given to the extremely wealthy and to corporations. I don't even think about “class warfare”, but Trump tried to get more support from his friends, without considering the consequences.

    It has long been easy for businesses to ...