Deficits do matter. And the fact that the US government already owes $23 trillion dollars is troubling, especially since that amounts to 79% of the nation’s gross domestic product for an entire year.
That’s the largest percentage since 1948. And we were still paying for a World War back then.
So, Trump’s hint that he may propose another tax cut for the middle class is almost as bothersome as the crazy ideas for freebies coming from Democratic presidential candidates.