also-deficit-levels-im-inheriting-trillion-dollars-last-year-unsustainable

What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.

0/5 (0)

Barack Obama's Popular Quotes

0 Comments

Login to join the discussion