U.S. solvency issues
I noted that according to Speaker Ryan, the Republicans are finally going to try to do something about our solvency issues. This is by far the most important task. Our national debt is $20 trillion but our contingent liabilities (as GARP principles) are $211 trillion (Likotlikoff, U.Boston) for obligation already promised.
The end for countries and companies comes when it is no longer possible to roll over our debt as has been the case with all companies and nations. Mathematically, unless we drastically alter course this is for sure. The only question is when. If Cathy McMorris Rodgers wants to lead on something, this is the one. It will involved significant spending cuts (cutting taxes is insane) and significant tax increases or default or (what will probably happen) a massive devaluation (inflation). These are the only three options.
I will not vote for anyone who supports Trump. Why does this pathological liar and senile sexual abuser who has disgraced our nation, get a pass? Nixon is a saint compared to this thug. I hope the hypocritical, ignorant, superstitious, racist bigots who elected this travesty are happy with the grave damage they have done to our country. Cathy supports Trump and their shows unequivocal poor judgment, following as usual and lack of decency and morality. Her decision making is not acceptable at all.
Marcus Lehmann
Spokan