Friday, February 9, 2018

Trump signs bipartisan budget deal

After most people in Congress were awake all night to accomplish this the President signs the bigpartisan Budget deal. However, still it is important to understand the debt ceiling has been raised and this level of a debt ceiling might not be sustainable for the U.S. in an ongoing way. It is going to raise interest rates for everyone including the money the U.S. borrows just to stay in business. Also, the tax bill which overheated the economy and caused the stock market meltdown by beginning inflation here in the U.S. again is also now working against the stock market as well. So, everything is changing and depending upon your point of view from a purely individual standpoint this is either a good thing or a bad thing or from my point of view both. It might be good for a few individuals it is likely bad for our country if you are realistic.

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