HappySqurriel said:
You're on a speeding train that is heading for brick wall and you're upset that the siren warning the conductor to apply breaks is too loud ... The debt to GDP ratio has grown from (roughly) 40% in 2000 to over 100% today, the deficit is over $1 Trillion dollars and shows no signs of falling, unfunded liabilities are now starting to come due (pushing spending up), the credit rating is falling (pusing interest rates up), and we will likely see another recession in the next 5 years. |
Please explain how the annual deficit shows no sign of falling?







