Friday, October 23, 2015

Money

By the time we have a new president we will be 20 trillion dollars in debt.  Any presidential candidate needs to present a plan as to how he will deal with this crushing debt.  When money is in short supply, interest rates go up.

Our interest rates have been at historical lows, but they are being held artificially high to increase domestic consumption and stimulate the economy.  Despite these low rates, the economy is still sluggish.

We need to grow out of this debt.  We need to put Americans back to work at good private industry jobs.  We need to get the illegal aliens out so that we can create a labor shortage.  That will bring wages up.  We need to cut government regulation and speed up civil trials.  We need to both balance our budget and pay off this debt.  We don't need to leave trillions of dollars of debt for our grandchildren; that's the view from the Hysterical Right Wing.

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