Thursday, March 30, 2017

Order A Screwdriver

There are very few tools in the toolbox to deal with this sort of fiscal catastrophe.

As Zero Hedge notes, "As the past 8 years have shown, only debt cures more debt, so expect nothing to change."

Zero Hedge also provides evidence the CBO is yet another agency with a leftist political agenda, as the ponder: Also, we find it just a little confusing why the CBO never warned of an imminent "fiscal crisis" over the past 8 years when total US debt doubled, increasing by $10 trillion under the previous administration.

CBO Warns Of Fiscal Catastrophe As A Result Of Exponential Debt Growth In The U.S

There may be one tool in the toolbox other than increasing the debt!

Maybe the bartender can bring us a screwdriver?

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