Data Point - TEA Party effect? - Granite Grok

Data Point – TEA Party effect?

SHOT: IF YOU LOOK AT THIS CHART, YOU CAN REALLY SEE THE IMPACT OF THE TEA PARTY IN 2010: Federal Debt Projected To Grow $10 Trillion Over Next Decade. And yet it only reduced the growth of the debt from catastrophic to awful.

debtpublic-600x297

CHASER:

All of Washington seems to be in cardiac arrest over the news reports late last week that President Donald Trump is planning a budget with $10 trillion of budget cuts over the next decade. We can only hope and pray that the report is accurate. Let’s also hope that Mr. Trump has the backbone to stick with this plan to staple the stomach of the federal government. This is an enterprise that has been borrowing $1 trillion a year for the past decade and is expected to continue to do so for years and decades to come. The national indebtedness will soon exceed $20 trillion and everyone in Washington is denial about this mestastiszing cancer cell rather than ordering radiation therapy before it kills off the economy.

Why is everyone so shocked about this story that from The Hill newspaper that Mr. Trump wants to take a hacksaw to the overgrown weeds in the federal budget? Time for a chill pill…

>