On the recordJanuary 23, 2017
The crowding out is real. The numbers I have seen in the academic research would indicate that, give or take, when debt approaches 85 percent of GDP, you start to see real effects of crowding out.
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congress.govThe crowding out is real. The numbers I have seen in the academic research would indicate that, give or take, when debt approaches 85 percent of GDP, you start to see real effects of crowding out.
Mulvaney discusses the negative impact of rising debt on future generations.
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So that will be fascinating to see how it shakes out at the Supreme Court.
But after yesterday when she testified that he knew that there were guns on property and that he still encouraged people to go down to the Capital, that certainly changes my mind.
What struck me, Anderson, was that he stayed on script almost the entire time.