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(52,196 posts)
12. well, there's a lot of pain in hiking the deficit by $1.5 trillion for no good reason
Tue Dec 19, 2017, 06:40 PM
Dec 2017

and then the automatic spending cuts to try to make up for it, plus further political pressure on any more spending and political pressure for additional spending cuts,....

plus corporations will have an incentive to flush their cash out while they can take advantage of the crazy low rates, a number will leave themselves with too little and become vulnerable and will go belly-up when the recession hits....

plenty of pain even before much of it expires in 10 years.

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