“Government payrolls at nearly all levels also have been cut. Local governments have shed 446,000 jobs, about 3% of their total workforce; state governments have cut a net 121,000 jobs, with small growth in education more than offset by cuts elsewhere. And while the federal government has added 62,700 non-postal jobs, the Postal Service has reduced its workforce nearly 18%, or 129,400 jobs. The Postal Service now employs fewer than 600,000 people, its smallest payroll since 1964.”
So adding to the debt matters?[quote=“Roxiebelle, post:72, topic:853, full:true”]
But…but…that’s because Obama was printing $$$ and “feeding” the market each month, it’s called quantitative easing and it contributed to doubling the debt.
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But…but…that’s exactly what Reagan did when he nearly tripled the debt. Printed money, lots of it. And Trump still befits from quantitative easing with the market where it was when Obama left office.
i was gonna explain it but last time i did i made a trade and lost $3,100 because Trump opened his mouth about something. it was the perfect setup too.