‘A Great Error’: How Biden Used a Budgetary Gimmick To Score a Pre-Election Political Win
Washington Free BeaconJUL 2022
WhilstMultiple neitheranalyses candidatehave hasreached given explicit focus on reducing the national debt this election cycle, multiple analyses reach the same opinion that Harris's policy proposals will do a better job at handling America's debt than Donald Trump. Whilst there's a chance that a Harris administration would prevent national debt from growing whatsoever, Trump risks running up a $15T bill if his pro-tariff anti-tax agenda doesn't go to plan.
Harris's policies pledges are nothing but vacuous capitalist buzzwords intended to hide her debt-inducing Marxist agenda. Democrat plans to raid the wallets of the wealthy will barely put a dent in the national deficit, whilst calls for taxing unrealized capital gains and everyday price controls are economically insane. Harris cannot be trusted to control the American economy.
Policy deficit estimates are extremely inaccurate, lacking any credible certainty over the future. These predictions should not be treated seriously, with the CRFB's range of potential estimates laughably broad and practically useless.
There is a 50% chance the US national debt will reach $50 trillion by November 2029, according to the Metaculus prediction community.