Honestly, it’s not the fact, that he’s cutting spending that is bad. It’s that he’s cutting spending while also giving another round of tax breaks to the wealthiest. There needs to be a balanced approach that includes tax increases and spending cuts.
Bull_Bound_Co on
Much has changed since the 80’s federal spending is 25% of the GDP you do big cuts to that and it effects every sector. It will result in a recession or worse and there’s no way the private sector steps into all these cuts to fill the void. It’s either a ruse for something else or we’re in for a real bad time.
New-Swim9723 on
Yes, there are several references to Regan’s administration in the project 2025 play book. Read four pages of it and I promise you’ll be hooked.
3 Comments
Honestly, it’s not the fact, that he’s cutting spending that is bad. It’s that he’s cutting spending while also giving another round of tax breaks to the wealthiest. There needs to be a balanced approach that includes tax increases and spending cuts.
Much has changed since the 80’s federal spending is 25% of the GDP you do big cuts to that and it effects every sector. It will result in a recession or worse and there’s no way the private sector steps into all these cuts to fill the void. It’s either a ruse for something else or we’re in for a real bad time.
Yes, there are several references to Regan’s administration in the project 2025 play book. Read four pages of it and I promise you’ll be hooked.