Meanwhile in Realityville, our government...

[Alabuckeye]

At the moment, it's a question of:

1) The slow train to destruction(Republicans)
2) The fast train to destruction(Democrats)

[JamesWright]

If you're right, Cincy, then we are the problem.

For example, we already spend way more on the military than many other large nations combined. Yet we want to increase military spending. Who here wants to see military spending cuts? Anybody?

Trump is the king of debt, so don't look to him to solve this problem. Where is the Tea Party on this issue? I never believed they cared about debt and I see now that I was right. They were more about social conservatism and racism than they were about debt or smaller government. Right now they approve of Trump by a huge margin, in spite of his unnecessary tax cuts and huge deficit spending. Where are the voices of fiscal responsibility? Neither party is going to do anything unless we demand it.

[JamesWright]

I'm still amazed that the Fed can buy Treasuries with pretend money and push down longer term interest rates.

I THINK the main reasons we have not had inflation in the past decade are:

1.  Growth has been pretty modest, and
2.  Oil.

Are you really amazed by that? I'm always amazed at politicians who rail against something until they get into office, and then do that very thing. Like Trump on the issue of quantitative easing.

[cincydawg]

I'm still amazed that the Fed can buy Treasuries with pretend money and push down longer term interest rates.

I THINK the main reasons we have not had inflation in the past decade are:

1.  Growth has been pretty modest, and
2.  Oil.

Are you really amazed by that? I'm always amazed at politicians who rail against something until they get into office, and then do that very thing. Like Trump on the issue of quantitative easing.

I could have said I expected higher inflation by now back in 2010 or so.  I'm surprised it has not happened, and suggest two reasons it has been modest.  I have no idea what Trump's issue was with quantitative easing.  I appreciate he is pushing for a rate cut, but that isn't QE.

[P1tchblack]

At the moment, it's a question of:

1) The slow train to destruction(Republicans)
2) The fast train to destruction(Democrats)

you're giving a lot of credit to republicans.

[jmesser1982]

At the moment, it's a question of:

1) The slow train to destruction(Republicans)
2) The fast train to destruction(Democrats)

you're giving a lot of credit to republicans.

I have to agree Pitch. The two have different approaches to seeing the debt and spending explode but there is no doubt both are burying our future in debt. Two wings of the same bird.

[Alabuckeye]

At the moment, it's a question of:

1) The slow train to destruction(Republicans)
2) The fast train to destruction(Democrats)

you're giving a lot of credit to republicans.

That quite possibly is a failing of mine.

I think that it at times is the siren song of a Ted Cruz or a Rand Paul or a Mike Lee or another that softly speaks of fiscal sanity and makes me think that some in the R party have a flipping clue.

[cincydawg]

We cannot keep spending this much on the military. We probably will, but we cannot afford it.