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AlexSFCA

(6,137 posts)
16. undoing SS and Medicare may increase deficit
Wed Dec 27, 2017, 01:45 PM
Dec 2017

and bring another great recession if not depression. Americans purchasing power will be sugnificantly diminished and may cause ripple effects across economy. Such chain reaction would lead to another bailout and new tax cuts to ‘stimulate’ the economy. Soon enough every program will be privatized and government will bear no responsibility nor ability to held corporations accountable.

Latest Discussions»General Discussion»There's No Way To Fix Def...»Reply #16