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Mnuchin Announces The Country Could Be Broke By September
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<blockquote data-quote="bacha29" data-source="post: 4129569" data-attributes="member: 58386"><p>Thanks for confirming what I said Newf. Notice what I said ....."for perpetuity" meaning that it will happen EVERY quarter and thanks to the data you have so graciously provided the fact that it has never happened is right there for all to see. Yet in order to offset the revenue loss from the tax cuts a 4% annualized GDP growth is required every quarter of every single year . What do you think the odds are of that happening? And when it doesn't happen which indications are it will be quire often the rate of federal borrowing increases accordingly.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4129569, member: 58386"] Thanks for confirming what I said Newf. Notice what I said ....."for perpetuity" meaning that it will happen EVERY quarter and thanks to the data you have so graciously provided the fact that it has never happened is right there for all to see. Yet in order to offset the revenue loss from the tax cuts a 4% annualized GDP growth is required every quarter of every single year . What do you think the odds are of that happening? And when it doesn't happen which indications are it will be quire often the rate of federal borrowing increases accordingly. [/QUOTE]
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Mnuchin Announces The Country Could Be Broke By September
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