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Re: Donotunderstand post# 449111

Monday, 02/12/2018 5:18:40 PM

Monday, February 12, 2018 5:18:40 PM

Post# of 793636
Well the idea is too grow the economy and raise GDP which pays the most on debt, that must we know is true. We didn't have a budget under Obama and the debt doubled and on top of that a treasury secretary that said the debt was of no consequence and you don't hear as much about that. What I see and hear is a constant struggle too get anything done and compromises that just might get us too the growth we need. All I know is what I heard when Simpson and Bowles talked about the only way out of our indebtedness and that was during the Obama administration. What I can't understand is all this resistance to do something different as the mode we where in was circling the drain. They need too change the rules on lending and the use of derivatives in the MBS market and turn the twins loose. So much crap it makes me sick.