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The Debt Limit’s Last Exit To Fiscal Responsibility
Manage episode 378005779 series 3012803
READ THE TRANSCRIPT AT HTTP://PETERNAVARRO.SUBSTACK.COM
PLEASE SHARE THIS EPISODE WITH A FRIEND
IT MAY SAVE YOUR 401K FROM OBLITERATION
The debate over a debt limit deal now raging in Congress offers the last possible exit ramp for future American prosperity. Absent significant spending cuts, Bidenomics will careen America over a fiscal cliff while institutionalizing a 1970s stagflation on steroids.
America’s looming fiscal cliff is as unprecedented as it is staggering. The legislation that most define Bidenomics – The American Rescue Plan, The Infrastructure Investment and Jobs Act, and the (anything but) Inflation Reduction Act – are catalyzing the most rapid increase in America’s national debt ever witnessed in a peacetime economy.
140 епізодів
Manage episode 378005779 series 3012803
READ THE TRANSCRIPT AT HTTP://PETERNAVARRO.SUBSTACK.COM
PLEASE SHARE THIS EPISODE WITH A FRIEND
IT MAY SAVE YOUR 401K FROM OBLITERATION
The debate over a debt limit deal now raging in Congress offers the last possible exit ramp for future American prosperity. Absent significant spending cuts, Bidenomics will careen America over a fiscal cliff while institutionalizing a 1970s stagflation on steroids.
America’s looming fiscal cliff is as unprecedented as it is staggering. The legislation that most define Bidenomics – The American Rescue Plan, The Infrastructure Investment and Jobs Act, and the (anything but) Inflation Reduction Act – are catalyzing the most rapid increase in America’s national debt ever witnessed in a peacetime economy.
140 епізодів
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