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General Discussion

no_hypocrisy

(46,117 posts) Sat Dec 2, 2017, 10:14 AM Dec 2017

2

$1.5 trillion added to the Federal Deficit.

It's more than that. Every time the Federal Reserve raises interest rates on *only* that $1.5 trillion (a quarter percent/0.025), you've added $37,500,000 (million) to the Debt with COMPOUND INTEREST. Do the math. There's no way in Hell there's enough wealth in this country to even pay THE INTEREST, let alone paying down the principal debt.

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$1.5 trillion added to the Federal Deficit. (Original Post) no_hypocrisy Dec 2017 OP

There is only one way out of it. roamer65 Dec 2017 #1

Self defense. In the GOP primaries, send money to NCjack Dec 2017 #2

That's with "dynamic" scoring or otherwords wishful thinking MattP Dec 2017 #3

roamer65

(36,745 posts)

1. There is only one way out of it.

Reply to no_hypocrisy (Original post)

Sat Dec 2, 2017, 10:23 AM

Dec 2017

Hyperinflation.

Countries never pay off debt this large. They devalue it.

NCjack

(10,279 posts)

2. Self defense. In the GOP primaries, send money to

Reply to no_hypocrisy (Original post)

Sat Dec 2, 2017, 10:32 AM

Dec 2017

Republican candidates who oppose those who voted for this bill.

MattP

(3,304 posts)

3. That's with "dynamic" scoring or otherwords wishful thinking

Reply to no_hypocrisy (Original post)

Sat Dec 2, 2017, 10:34 AM

Dec 2017

The real cost is way more the projection doesn't account for any negative forecasts only positive

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