OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

In My Opinion? Those increased deficits are due in large part to the Gov’t NOT Able To Raise Taxes

Posted by Mr.Copper @ 17:49 on October 29, 2018  

The economy is too weak to raise taxes and pay down debt. Its been going on since the 1970s after the forced removal of gold backing on the dollar, (1971) after which, imports and out sourcing business activity killed US Business profits, after which downward pressure on wages. Plus under reporting the actual inflation rate, led to wages falling behind inflation. More food stamps, more phony jobs that cost society rather that help society.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.