Thursday, May 12, 2016

The One Big Problem None of the Candidates are Talking About

Remember the national debt? Well, it’s huger than ever, even though this year’s presidential
candidates are mostly highlighting other problems.

The debt, at $19.3 trillion, is four times larger, adjusting for inflation, than when Ronald Reagan lamented its size in his 1989 farewell address. Yet only one of this year’s presidential candidates, Republican John Kasich, had a plan for doing anything about it, and he left the race after winning a grand total of one state. The two front-runners – Republican Donald Trump and Democrat Hillary Clinton – have said little about the debt, except for Trump’s jarring suggestion that maybe Uncle Sam can save a few bucks by renegotiating the debt and paying back less than 100 cents on the dollar.

Read more:
The one big problem none of the candidates are talking about - Yahoo Finance

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