Government set to borrow nearly $1 trillion this year


#1

This of course is the standard modus of big government hooked on debt. For all the things I like about Trump, make no mistake, he is a big government kind of guy (Probably why he and the Freedom Caucus rub up against each other so much). While he is likely to fix or at least shine a light on a lot of waste and inefficiency in the federal government, we are likely to see spike in debt while he is in office. Of course 3 major hurricanes and rising debt service costs haven’t helped but push for a huge infrastructure bill and reorienting the military will be very expensive. Of course the bond markets have recently taken notice and even though a major correction is long over due, not only will public perception take a hit but so will any thought of getting control of our national finances…