OH YES, PAYING SALARIES IN UKRAINE IS MORE IMPORTANT THAN HELPING THOSE WHO LOST THEIR HOUSES IN HAWAII, OR ONE WHO IS NOT ABLE TO PAY FOR HIS MEDICATION....JUST INTRODUCE COMPETITIVE BIDDING FOR SPENDING ON ARMS AND AMMUNITION - YOU WILL SUDDENLY SEE AMERICAN PRODUCERS WILL REDUCE THEIR PRICES BY 50% IMMEIDATELY
“Dedicated policy professional with experience designing, advocating for, and implementing progressive economic policy at both the federal and local level” Idiot Policy Wonk
@@TempoPrimo2023you don’t think she’s a total political hack and joke? How can you take seriously anyone who doesn’t view our ballooning national debt and interest expenses as a problem? My name notwithstanding.
@@14534 She's not a hack because she's providing rationale as to why certain previous causes of high deficits were unproductive and how current measures will payoff over the long term, unlike tac-cuts for the uber-wealthy. Yes, it spurs growth but only for the near term, then leads to the very thing people complain about: deficits.
Didn’t Andrew Jackson pay off the national debt? What happened then? Economic growth? Prosperity? No, it was followed by a financial depression. What is needed is taxation to redistribute wealth.
2:10 Andrew: "Are you an MMT'er?" Because that's only for military spending, and nothing else. There's a reason MMT means Military Money Theory. BTW, our military spending is greater than the spending of the next 10 countries combined.
Holy cow, as a finance professional who looks at numbers and all this stuff as a job. Everyone here missed the mark on this. But that women is absolutely wack and flat out wrong! Unreal lmfao!
We should not be talking at all about tax increases !!!! The government spending is out of control and needs to be cut significantly. That lady is a complete clown
The only hope, be it a small one, is to grow your way out of the deficit. Unfortunately, we have an administration that is slow growth and gov't redistribution.
Best comment so far, we need to go back to 19-63/20-17 both accomplished those goals while helping US 🇺🇸 get ahead as the gentlemen shown chart illustrated. Cheers 🍻
Kitty Richards For President! Her apparent Slogan Tax cuts are bad and ruin the economy, where as raising taxes, borrowing more money and increasing the national debt will improve the economy. Who would have thought that increasing the national debt and raising taxes was are best option 🤔. Good thing Kitty is here to set record straight 🙃
Andrew Jackson paid off the debt. Did it result in prosperity? No it led to a severe financial depression. From 2000 to 2024, $5.5T were spent in stocks buybacks instead of being reinvested into creating new jobs. They weren’t taxed until 2023 at 1% rate. Taxation is the issue, not the debt
This is another way of saying that there is NO plan to fully fund Social Security. The only fix is cutting benefits and raising the eligibility age. Keep this in mind when using SS calculators that recommend you wait till 67 or 70 "to get more benefits". How can you get more benefits later when they are constantly cutting benefits?
1 will be forever grateful to you, you changed my entire life and I will continue to preach in your name for the whole world to hear that you saved me from a huge financial debt with just a small investment, thank you mrs Elodie.
Seems that bemoaning the loss of Big Government spending and loss of control by talking heads is the problem. Old saying that’s true, along the lines of “keep it simple, stupid”
Kitty did not appear to want to discuss the problem in a serious manner. That was a mistake given the opportunity to present a realistic set of solutions, rather than pander with political positions. That approach empowers Congress to continue their irresponsible spending (both parties), continues to avoid the problem as it grows, and does not educate the US citizens on the issue.
CNBC, do you guys not acknowledge the devastating impact the Bush and Trump tax cuts had on our debt? Spending really wasn’t the problem, the tax cuts going to the richest individuals and corporations were. Those tax cuts never helped millennials such as me who graduated in the middle of the Great Recession during the most competitive job market. Your PwC guest is right, not enough investments were made to us during that time. You guys seem to refute the well grounded tenets of Keynesian economics and are disconnected from the reality of what happened and what’s really going on. Don’t be a propaganda machine to corporate interests.
Tax receipts, As a percent of GDP has been relatively stable for OVER 50 YEARS. Spending is exploding as a percent of GDP. You did not even listen to the interview…at least not very well.
No generation was banned from receiving a tax cut. When the tax cut was signed, the vast majority of millennials weren’t even of working age. The tax cuts were for all income levels. Even Kerry and Obama were forced to admit so during their campaigns and said “I want to keep the Bush tax cuts for the bottom 98% and make those permanent and take them away from the top 2%.” after Gore lied on 2000 and claimed they were only for the top 1%. And Biden was forced to make the same admission in 2020 after Hillary lied about the Trump tax cuts in 2016 and after Biden himself lied about them after they were signed. By 2020, it was proven to 84%+ Americans that Biden and the Democrats lied. Again. And we shouldn’t punish those who did everything right to fund people who can’t accomplish one of the most basic financial tasks of all: balance a budget. We need a president to refuse to sign the budget and shutdown the government until the budget is balanced and therefore make sure their salary isn’t paid. Watch how quickly the budget gets balanced. Also, that 16 years ago. If someone hasn’t accomplished anything 16 years into their career, they’re obviously not good at their job. It’s not a government problem. We’ve recovered about 7 fold since then. If it was a government problem, everyone would have $0. But that’s not the case. I know plenty of millennials that are thriving. If you have two completely different outcomes, that says it’s due to a difference in the individual and not a government problem.
@@Watcher1-jr5lo None of those places are comparable to the US economy. It's important to learn the lessons of our past. Spending on investments with real returns is what is important and government malinvestment has led to mulidecadal depressed growth. Entitlement spending grows the economy. Education spending grows the economy. Infrastructure spending grows the economy. Giving tax cuts to the rich is probably the single least productive thing to do with government spending besides invading middle eastern countries.
@@dgaz3057 I agree with your sentiment 100%. However, the US has some advantages that will probably, and sadly, allow this state of affairs to drag on way longer than anyone would guess. As long as schmucks like these two guys stay on top, clinging to trickle down, zero sum outdated economic models even though they have been proven wrong over and over again, we will be stuck.
They need to ask this lady when the interest on debt reaches a certain percentage of the national budget does it become a problem. Even Biden’s proposed tax rates leave the government in a budget deficit that contributes to this whole mess. Imagine how bad interest payments would be if interest rates were even slightly higher.
@@TempoPrimo2023 The national debt has gone up under Obama, Trump, and Biden. Biden’s proposed tax plan still leaves a large deficit. That means spending is the primary issue. Unless the national debt goes down, the problem won’t go away. Unless you plan on inflating away the value of the US dollar.
So what happens when those high earners start collecting massive amounts of SS? Let me guess we cap how much SS benefits high net worth individuals can receive.
@@teebone2157 They will never do it because the upper middle class would complain even more than the wealthy. Someone earning $10 million per year losing an extra $1 million of it in taxes isn't going to feel it. A family of doctors / lawyers / engineers / etc. making $400k per year losing $1500 per month from their budget is going to be noticed.
@@austinbradshaw3636 yeah ez. That should be step one. If you don't need money to survive, you shouldn't get it. The people that got money don't care about social security. It's more about principal to them. 😂
People who think like Kitty Richards is one of the major reasons we have such an out of control national debt. The interest alone will force budget cuts to programs that she is advocating for. China, Japan and other foreign countries have stopped buying US securities that fund our national debt. If Richards is advocating printing money then that will cause inflation which will hurt poor people.
The tax cuts help to drive the debt, no doubt about that. But Entitlement Spending is only half the spending issue. We need to discuss our exploding Defense Spending!!!!
What would you think of a financial advisor who keeps all your money invested in US Treasuries, and vastly underperforms a 60:40 portfolio? That’s what the government does with the money you contribute to Social Security. If that money were handled in proper fiduciary manner, Social Security would have no problems with payments. Your contributions are being used as a slush fund for other Congressional priorities, and then they tell us that our promised benefits are “entitlements”. I am “entitled” to my contributions being handled in a fiduciary manner, not as a slush fund.
We were at gun point forced to pay into a pyramid scheme. There is no fiduciary responsibility owed by con artists to their marks. But what's done is done, our job should be to end the scheme and make the responsible parties go the way of ole Bernie Madoff.
You want assistance with the National Debt just call your buddy Trump and see if he can get the corporations and Billionaires to give their huge tax windfall back. I'm sure they'd be happy to oblige.
I have to give cudos to Andrew.. he really calls out this lady for what the deficit is all about. she talks like a politician instead of an economist...example why does a high ranking politician has to have a bullet proff Cadillac suburban instead of a Chevrolet bullet proff suburban the Chevrolet is more affordable..and built on the same chassis..
Debt is not a problem, US government can just simply default on those debts, but you only get to do it once in a lifetime, cause dollar will collapse, so pick the right timing is technical.
Let us start reversing all new govt expenditure all the way back to last time we had surplus. How about taxing all income as income without special considerations.
Kitty is an ideological mouthpiece who is a big part of the never-ending debt problem. (voters are the biggest problem, and the sections of the population that vote the most are sucking up most of the country's wealth. VOTE!)
CNBC needs to perform drug tests before they let their guests on! 😂
My god, this clueless millennial liberal used to work in the treasury department?? Unbelievably naive! 😮
Agreed, the twats Kumar and Sorkin started to d-splain with b.S. the minute Kitty started provided fact-based responses to their twatness.
you got this right
OH YES, PAYING SALARIES IN UKRAINE IS MORE IMPORTANT THAN HELPING THOSE WHO LOST THEIR HOUSES IN HAWAII, OR ONE WHO IS NOT ABLE TO PAY FOR HIS MEDICATION....JUST INTRODUCE COMPETITIVE BIDDING FOR SPENDING ON ARMS AND AMMUNITION - YOU WILL SUDDENLY SEE AMERICAN PRODUCERS WILL REDUCE THEIR PRICES BY 50% IMMEIDATELY
BITCOIN OR GO DOWN WITH THE SHIP 🚢
Kitty sure needs to go back to school
You too.
@@TempoPrimo2023 Chupar a big one.
"Kitty Richards, former Treasury official"
Perhaps that's part of our problem? 🤷♂
Summed it up succinctly and well. Have a bunch of non-serious thinkers like her steering the ship. What a cluster.
@@14534 LOL, the guy who's too afraid to post his name (14534) thinks he knows what a serious thinker is. *SAD*
“Dedicated policy professional with experience designing, advocating for, and implementing progressive economic policy at both the federal and local level” Idiot Policy Wonk
@@TempoPrimo2023you don’t think she’s a total political hack and joke? How can you take seriously anyone who doesn’t view our ballooning national debt and interest expenses as a problem? My name notwithstanding.
@@14534 She's not a hack because she's providing rationale as to why certain previous causes of high deficits were unproductive and how current measures will payoff over the long term, unlike tac-cuts for the uber-wealthy. Yes, it spurs growth but only for the near term, then leads to the very thing people complain about: deficits.
you can tell she likes to protest as a hobby
Didn’t Andrew Jackson pay off the national debt? What happened then? Economic growth? Prosperity? No, it was followed by a financial depression.
What is needed is taxation to redistribute wealth.
@@GeorgeSchneider8889 high taxes will settle Nothing. thanks
@@GeorgeSchneider8889high taxes don’t fix an out of control and bloated government spending / government problem
Reagan is the one who started the deficit cycle by cutting taxes for wealthy. Then it was Bush and Trump. What are you talking about?
How the deficit cycle was created? Something about Reagan, Bush or Trump?👀
She literally has an ANTIFA book over her right shoulder
LOL, so she's antifascist. So, you're ok with Nazis? I presume so, when the war happens, Lt. Raine is collecting your scalp.
yeah...reading is evil
Why do we never address spending? I work as a Financial Planner and the first thing we do is look for expenses to cut or eliminate........
BITCOIN OR GO DOWN WITH THE SHIP 🚢
Bank debt is a problem. 200 Trillion in derivatives debt. Govt debt is peanuts.
She looks like she went woke and ended up broke.
Notice how no one has a substantive response to what she said.
@@jdt1236 You're wasting your time, Nick quotes Ron Dumb@$$ for his "witty" quotes.
@@jdt1236 You want us to list all of the ways she is factually wrong? We can do that.
@@TempoPrimo2023 Should we check your green card?
Start with cutting “entitlement” military spending
the government never has problems with military spending and foreign aid for foreign wars.
2:10 Andrew: "Are you an MMT'er?"
Because that's only for military spending, and nothing else. There's a reason MMT means Military Money Theory.
BTW, our military spending is greater than the spending of the next 10 countries combined.
Lordy. This is a conversation about the debt and deficit, and immediately, this broad says she's less focused on those. WTF did you come on then?
Lady … go back to school and retake Econ 101 !
I am thinking, she shows the Problem with Our Education System.. Thanks
Tell her when the government can pass an audit then they can raise taxes
Holy cow, as a finance professional who looks at numbers and all this stuff as a job. Everyone here missed the mark on this. But that women is absolutely wack and flat out wrong! Unreal lmfao!
Saying spending is not a problem is why Americans are so in so much personal debt.
We should not be talking at all about tax increases !!!! The government spending is out of control and needs to be cut significantly. That lady is a complete clown
America's only hope is that both of these candidates are rather old, so if enough people pray then maybe they'll kick the bucket😂
Cutting taxes and regulations promotes economic growth. Cutting spending and prioritizing debt is being fiscally responsible.
flat tax baby.....for everyone.....why would the GOP not want that?
Did not want to comment but Kitty is clueless!
That lady is part of the problem. Spending is out of control . Everyone know it too!
She's bannanas
She's smart and you're ignorant.
How about we stop cutting taxes, and stop spending money we don't have.
The only hope, be it a small one, is to grow your way out of the deficit. Unfortunately, we have an administration that is slow growth and gov't redistribution.
Best comment so far, we need to go back to 19-63/20-17 both accomplished those goals while helping US 🇺🇸 get ahead as the gentlemen shown chart illustrated. Cheers 🍻
The guy leading the country is slow
Trumpty Tax Cuts, increased revenue 3.31 Trillion to 4.89 Trillion in 2022. Sweetheart, has some learning ahead, for "Convenience". thanks
A better question when are we going to address the almost one trillion dollars a year in military spending.
Rohit is right. He follows/ understands the data. That Kitty chick is clueless (and rude).
She was the one being interrupted. He was rude.
This lady is Craaaaazy !!
Cut defense.
I think congress should take a pay cut every year they can’t balance the budget. And stop paying for Ukraine’s war nonsense.
Kitty Richards For President! Her apparent Slogan Tax cuts are bad and ruin the economy, where as raising taxes, borrowing more money and increasing the national debt will improve the economy. Who would have thought that increasing the national debt and raising taxes was are best option 🤔. Good thing Kitty is here to set record straight 🙃
Kitty will be eating cat food when this house of cards comes crashing down
No you have to address the border tax evasion and funding wars
The US has been in 108 wars since 1776. If you have a plan to address that, they will give you a Nobel prize.
We're in WW3 You Coward !!
Glad he’s pushing back on her. She’s out of touch
She can vote and so can a lot of people who think just like her 🙄
Andrew Jackson paid off the debt. Did it result in prosperity? No it led to a severe financial depression.
From 2000 to 2024, $5.5T were spent in stocks buybacks instead of being reinvested into creating new jobs. They weren’t taxed until 2023 at 1% rate.
Taxation is the issue, not the debt
This is another way of saying that there is NO plan to fully fund Social Security. The only fix is cutting benefits and raising the eligibility age. Keep this in mind when using SS calculators that recommend you wait till 67 or 70 "to get more benefits". How can you get more benefits later when they are constantly cutting benefits?
BITCOIN OR GO DOWN WITH HER SHIP 🚢
This discussion with her was a waste of time.
STOP cutting off Andrew, Kitty!
Kitty Richards apparently attended the Karl Marx school of economics.
Kitty is a quack. I have no idea why they keep putting her on. Glad Andrew pushed back.
1 will be forever grateful to you, you changed my entire life and I will continue to preach in your name for the whole world to hear that you saved me from a huge financial debt with just a small investment, thank you mrs Elodie.
she's mostly on Telegrams, with the user name.
Elodie414 👈💯
@Elodie414
This is it👆👆
When Sorkin is the deficit hawk in a conversation you know the guest is senseless! 😂
Corp tax rate up 5%. That'll fix the debt.
It will “fix” economic growth as well….
There must be more cliches she can throw in there
There is no shortage of spend side "economists".
Wow, can this lady go to school first. What is she talking? 2008 crisis was caused by housing and not by debt? Wow. so amazed.
WHEN DID SHE GOT A LOBOTOMY ??????????????
Kitty..... dodging questions. "Debt is ok", "it's not about spending it's about meeting people's needs." Pure socialism. Yes she is an "MMT"'er
She's intentionally ignoring that government spending enables over borrowing
Kitty is wanting a "Great Reset"
Are these people real!
She is insane
As away. You will screw the Veterans. Always. And use Im sorry man. You know the government. We just fellow the rules.
Seems that bemoaning the loss of Big Government spending and loss of control by talking heads is the problem. Old saying that’s true, along the lines of “keep it simple, stupid”
Jesus, she doesnt believe theres a problem because it crosses her moral beliefs
Haha you can't spend enough money! That's a Democrat for ya
Kitty is not a serious guest. Clearly she is a MMT’er
Kitty is clueless.
Spend more! 😂😂😂😂😂
This lady has anti-charisma.
she’s definitely an MMTer Andrew
Bush and Trump hahaha Obama didn’t exist I guess 🤣
What she is talking about?
Tax cuts don’t add to the deficit learn math. Spending adds to the debt
Kitty did not appear to want to discuss the problem in a serious manner. That was a mistake given the opportunity to present a realistic set of solutions, rather than pander with political positions. That approach empowers Congress to continue their irresponsible spending (both parties), continues to avoid the problem as it grows, and does not educate the US citizens on the issue.
Did kitty pass third grade??
Kitty making a lot of sense.
Is Kitty transitioning from female to male?
She’s delusional
Bro will she stop talking please lol
CNBC, do you guys not acknowledge the devastating impact the Bush and Trump tax cuts had on our debt? Spending really wasn’t the problem, the tax cuts going to the richest individuals and corporations were. Those tax cuts never helped millennials such as me who graduated in the middle of the Great Recession during the most competitive job market. Your PwC guest is right, not enough investments were made to us during that time. You guys seem to refute the well grounded tenets of Keynesian economics and are disconnected from the reality of what happened and what’s really going on. Don’t be a propaganda machine to corporate interests.
Why CNBC and not government which is elected by people should acknowledge this? As if this has anything to do with CNBC.
Tax receipts, As a percent of GDP has been relatively stable for OVER 50 YEARS. Spending is exploding as a percent of GDP. You did not even listen to the interview…at least not very well.
No generation was banned from receiving a tax cut. When the tax cut was signed, the vast majority of millennials weren’t even of working age. The tax cuts were for all income levels. Even Kerry and Obama were forced to admit so during their campaigns and said “I want to keep the Bush tax cuts for the bottom 98% and make those permanent and take them away from the top 2%.” after Gore lied on 2000 and claimed they were only for the top 1%. And Biden was forced to make the same admission in 2020 after Hillary lied about the Trump tax cuts in 2016 and after Biden himself lied about them after they were signed. By 2020, it was proven to 84%+ Americans that Biden and the Democrats lied. Again. And we shouldn’t punish those who did everything right to fund people who can’t accomplish one of the most basic financial tasks of all: balance a budget. We need a president to refuse to sign the budget and shutdown the government until the budget is balanced and therefore make sure their salary isn’t paid. Watch how quickly the budget gets balanced. Also, that 16 years ago. If someone hasn’t accomplished anything 16 years into their career, they’re obviously not good at their job. It’s not a government problem. We’ve recovered about 7 fold since then. If it was a government problem, everyone would have $0. But that’s not the case. I know plenty of millennials that are thriving. If you have two completely different outcomes, that says it’s due to a difference in the individual and not a government problem.
Iam kitty hear me roar
Womansplaing
She’s right and the host was very rude to her
Uh... Venezuela, Argentina,Greece?
@@Watcher1-jr5lo None of those places are comparable to the US economy. It's important to learn the lessons of our past. Spending on investments with real returns is what is important and government malinvestment has led to mulidecadal depressed growth. Entitlement spending grows the economy. Education spending grows the economy. Infrastructure spending grows the economy. Giving tax cuts to the rich is probably the single least productive thing to do with government spending besides invading middle eastern countries.
@@davidguerrero1636 We're heading that way if we keep giving the rich tax breaks and keep the middle class suffering with less social safety nets.
@@dgaz3057 I agree with your sentiment 100%. However, the US has some advantages that will probably, and sadly, allow this state of affairs to drag on way longer than anyone would guess. As long as schmucks like these two guys stay on top, clinging to trickle down, zero sum outdated economic models even though they have been proven wrong over and over again, we will be stuck.
@@davidguerrero1636 Tax cuts are definitely not the answer though, warren buffet said all we need to do is tax the 1% and we can get balanced quickly.
Kitty is a liar.
got that
A history of the top marginal tax rates on the wealthiest Americans:
1940: 81%
1950: 84%
1960: 91%
1970: 72%
1980: 70%
1990: 28%
2000: 40%
2010: 35%
She is correct 100%
Can you please invite guests that are serious thinkers . These people sound just like politicians .
Seriously
Please have posters who are serious thinkers.
That woman is nuts 🥜
She obviously doesn't know what MMT is. It is amazing how these people get on these infomercial stations.
They need to ask this lady when the interest on debt reaches a certain percentage of the national budget does it become a problem. Even Biden’s proposed tax rates leave the government in a budget deficit that contributes to this whole mess. Imagine how bad interest payments would be if interest rates were even slightly higher.
@@austinbradshaw3636 Trump's tax-cuts is why we're here. Buy you can't be honest with yourself.
@@TempoPrimo2023 The national debt has gone up under Obama, Trump, and Biden. Biden’s proposed tax plan still leaves a large deficit. That means spending is the primary issue. Unless the national debt goes down, the problem won’t go away. Unless you plan on inflating away the value of the US dollar.
BITCOIN OR LET PEOPLE LIKE HER TAKE EVERYTHING YOU HAVE THROUGH INFLATION
Kitty is crazy
But she has beautiful brown eyes. Maybe she’d be good on magazine covers?
@@fastmph Maybe she'll put out to you ..... NOT!
So are you.
@@TempoPrimo2023
You’re on the wrong forum.
only thing she is missing is purple hair.
She doesn't live in reality
Communism can be expensive ......!!!
This woman is CRAZY!!!!!!! No clue what she is talking about.
Neither do you. LOL!
@@TempoPrimo2023 True! LOL, which is why I don't talk.
Easy, just remove the SS cap, thst simple.
It's that easy, but they will never do it because their donors will complain.
They refuse to do it because their donors will complain.
So what happens when those high earners start collecting massive amounts of SS? Let me guess we cap how much SS benefits high net worth individuals can receive.
@@teebone2157 They will never do it because the upper middle class would complain even more than the wealthy. Someone earning $10 million per year losing an extra $1 million of it in taxes isn't going to feel it. A family of doctors / lawyers / engineers / etc. making $400k per year losing $1500 per month from their budget is going to be noticed.
@@austinbradshaw3636 yeah ez. That should be step one. If you don't need money to survive, you shouldn't get it. The people that got money don't care about social security. It's more about principal to them. 😂
This lady doesn’t get it. People are running out of cash while having two jobs. Rick people need a reset
I finally found an instance where I agree with Andrew.
I thought the same thing!
You can tax every billionaire 100% or even take 100% of their assets it won't last 1 year of government spending.
People who think like Kitty Richards is one of the major reasons we have such an out of control national debt. The interest alone will force budget cuts to programs that she is advocating for. China, Japan and other foreign countries have stopped buying US securities that fund our national debt. If Richards is advocating printing money then that will cause inflation which will hurt poor people.
The tax cuts help to drive the debt, no doubt about that. But Entitlement Spending is only half the spending issue. We need to discuss our exploding Defense Spending!!!!
People making arguments that we need to raise taxes so we have bigger government. The conversation is bigger or smaller government…not taxes.
What would you think of a financial advisor who keeps all your money invested in US Treasuries, and vastly underperforms a 60:40 portfolio? That’s what the government does with the money you contribute to Social Security. If that money were handled in proper fiduciary manner, Social Security would have no problems with payments. Your contributions are being used as a slush fund for other Congressional priorities, and then they tell us that our promised benefits are “entitlements”. I am “entitled” to my contributions being handled in a fiduciary manner, not as a slush fund.
We were at gun point forced to pay into a pyramid scheme. There is no fiduciary responsibility owed by con artists to their marks.
But what's done is done, our job should be to end the scheme and make the responsible parties go the way of ole Bernie Madoff.
Kitty represents treasury officials. Explains why things are the way it is. Kitty be kitty.
You want assistance with the National Debt just call your buddy Trump and see if he can get the corporations and Billionaires to give their huge tax windfall back. I'm sure they'd be happy to oblige.
I have to give cudos to Andrew.. he really calls out this lady for what the deficit is all about. she talks like a politician instead of an economist...example why does a high ranking politician has to have a bullet proff Cadillac suburban instead of a Chevrolet bullet proff suburban the Chevrolet is more affordable..and built on the same chassis..
Debt is not a problem, US government can just simply default on those debts, but you only get to do it once in a lifetime, cause dollar will collapse, so pick the right timing is technical.
Yes, definitely a m m t’er. Some are just unlovable. Very entertaining CNBC.
Let us start reversing all new govt expenditure all the way back to last time we had surplus.
How about taxing all income as income without special considerations.
When not even Socialist Andrew agrees with you, that's when you know that Kitty has gone off the deep end, like really Deep.
Here Kitty, Kitty
Andrew is a socialist, stable genius.
What entitlement? It’s just another couple of trillions. It’s nothing to worry.
Kitty is an ideological mouthpiece who is a big part of the never-ending debt problem.
(voters are the biggest problem, and the sections of the population that vote the most are sucking up most of the country's wealth. VOTE!)
Kennedy 2024!!! Only one talking about the national debt!!!