Is the "damage" the strong economy, the success against ISIS, the qualified judges, the reduced regulations, the high business confidence, the better trade deals, or the coming success with North Korea? It sounds awful. I hope we can fix all of that. https://twitter.com/LarrySabato/status/972849749790527488 …
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Never heard a credible defense? How about this one: We will find out too late.
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The $ amount of debt is less important than the interest. Since interest rates vary, there is no set $ amount. I'm no economist, but I know banks will keep lending as long as you can make the payments. Miss a payment and you don’t get any more loans.
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Investment dollars. Over $4 trillion that's tied up in unusable capital (like unsold retail goods), waiting for the Treasury to repay. This is why QE boosted the economy and stock market: retiring that debt freed up capital that could fund startups, buyouts, etc.
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