Argentina just hit 100% inflation. Can you guess why? Zimbabwe had hyper inflation in the mid 2000’s because the government irresponsibly printed money to “solve” its financial problems.
The last time the budget did not have a deficit was when Republican Speaker of the House (the House is responsible for spending) Newt Gingrich demanded a balanced budget and held Pres Clinton’s feet to the fire. It took a couple of years to bring the deficit down. But he did it.
Homework for you: Which state with a Democrat Governor and both houses of legislature Democrat controlled currently is experiencing a $29Billion budget deficit?
Hint : The Legislature is prohibited from sending the Governor an unbalanced budget and the Governor is prohibited from signing an unbalanced budget
Why? Best foreign aid we've ever had.
We've depleted Russian reserves back to 60s tech. We're helping out a country stay independent.
They've shown the world that Russia is a paper army.
All of that without deploying a single US soldier.
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1 up, 3y
Helping others countries stay independent while we continue to fall. Sounds like a hell of a plan by liberals
IF YOU'RE UPSET ABOUT A MID-SIZED REGIONAL BANK DEFAULTING ON ITS DEBTS TO INVESTORS; WAIT UNTIL YOU SEE WHAT HAPPENS WHEN THE GOP FORCES THE USA TO DEFAULT ON ITS DEBTS.