Tag: swamp
The Foxes Are in Charge of The Swamp
Guest Post by Bill Bonner
Hmmm… The plot thickens.
The Trump team came into office with what might have been a historic opportunity to drain the Swamp and take the feds down a peg. Mr. Trump even said he would eliminate the national debt in eight years.
Instead, he teamed up with Democrats to crash through the debt ceiling, gave the big spenders at the Pentagon even more money, cut taxes, and made the Swamp even deeper.
Predictably, tax revenues declined and the deficit rose. And the national debt went up by more than $1 trillion over the last 12 months.