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<blockquote data-quote="bacha29" data-source="post: 3735620" data-attributes="member: 58386"><p>Three weeks ago Treasury informed the Federal Reserve of it's expected need for additional borrowing due to the fact that expected increases in overall federal revenues have failed to offset the tax cut. In order to offset the tax cuts GDP growth has to be at least 4% annually so if you get a sub 4% growth in any quarter the other 3 quarters have to make it up. </p><p>The Trump tax cuts will likely end up a sugar high that will be cancelled out through higher inflation and higher interest rates.</p></blockquote><p></p>
[QUOTE="bacha29, post: 3735620, member: 58386"] Three weeks ago Treasury informed the Federal Reserve of it's expected need for additional borrowing due to the fact that expected increases in overall federal revenues have failed to offset the tax cut. In order to offset the tax cuts GDP growth has to be at least 4% annually so if you get a sub 4% growth in any quarter the other 3 quarters have to make it up. The Trump tax cuts will likely end up a sugar high that will be cancelled out through higher inflation and higher interest rates. [/QUOTE]
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