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Will There Be A Great Financial Reckoning?
Feb 13, 2018 15:26:40   #
Larry the Legend Loc: Not hiding in Milton
 
Well:

"United States Department of Treasury very quietly released its own internal projections for the federal government’s budget deficits over the next several years. And the numbers are pretty gruesome."

Gruesome. Uh-oh...

http://www.thedailybell.com/news-analysis/this-may-be-the-beginning-of-the-great-financial-reckoning/

"This story alone is monumental– not only does the US owe, by far, the greatest amount of debt ever accumulated by a single nation in human history, but $25 trillion is larger than the debts of every other nation in the world combined".

Yikes! Scary stuff!

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Feb 14, 2018 20:13:52   #
Radiance3
 
Larry the Legend wrote:
Well:

"United States Department of Treasury very quietly released its own internal projections for the federal government’s budget deficits over the next several years. And the numbers are pretty gruesome."

Gruesome. Uh-oh...

http://www.thedailybell.com/news-analysis/this-may-be-the-beginning-of-the-great-financial-reckoning/

"This story alone is monumental– not only does the US owe, by far, the greatest amount of debt ever accumulated by a single nation in human history, but $25 trillion is larger than the debts of every other nation in the world combined".

Yikes! Scary stuff!
Well: br br "United States Department of Tre... (show quote)


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Economy will grow and budget will improve IN MY forecast. As long the carious impediment are removed. What is that? The Deep State.

One major cost of the national debt is the cost of building and renovating the US INFRASTRUCTURE. The infrastructure system has long time deferred maintenance that Mr. Obama had neglected for 8 years.

Instead of maintaining our highways and roads, he spent the money for his illegal alien VOTERS tens of millions, including DACA, Muslim refugees and Muslim terrorists, Mexican and Hispanic drug dealers and FREE LOADERS.

For illegal aliens alone annually US taxpayers spends $134.5 billion dollars. Minus the revenue collected from wages of illegals of $18,500 billion. That leaves US taxpayers supporting illegals and terrorists of Obama to $116,billion annually. In addition, $17 billion for their millions of children to school. it also cost $3,000/day to incarcerate illegal aliens.There are millions of them.

Without those illegal aliens enormous costs could have been saved, to renovate and improve our Infrastructures all over the country. It could generate more revenue and save lives.

Building or improving infrastructures, is not not considered expenditures. It an investment to FIXED ASSETS. It is a transfer from cash to fixed assets.

When we have improved our all our US infrastructures, this will generate more revenue for the US Treasury.
It is an investment. And president Trump's decision is wise. I know that because I am an accountant and auditor. I could see how revenue is generated and how cost is maintained effectively. President Trump's decision is right. He is a businessman. Unlike the CROOKED POLITICIAN LIKE HILLARY AND OBAMA, and their DEEP STATE MASSIVE CORRUPTIONS.

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