The federal government is the most awesome financial machine
Posted on: January 20, 2017 at 12:01:17 CT
Bulldog Bob Brown STL
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in the world; unlimited borrowing power, unlimited taxing power, exempt from all sense of financial reality and the unfettered power through its proxy the fed to print fiat currency at will.
Neither team of the one party is going to let the levers of power of that machine go to waste.
The last time the national debt, in real dollars, went down was 1955 or 1956 (can't remember). There is no "shrinking" of anything as long as financial power exists in the hands of politicians.