Peter Schiff Warns A Divided Congress Means Even Bigger Deficits

Zero Hedge | 11/13/2018 | Staff
roxy2707 (Posted by) Level 3
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Economic advisor Peter Schiff has long been warning of the false stability and phony prosperity we are seeing the markets. He’s now saying that since the elections, it is about to get much worse, as a divided Congress means even bigger deficits.

It’s difficult to imagine the United States government spending even more money than they already do. But Schiff says this is the new reality under a politically divided Congress, according to Seeking Alpha. The blue wave, which turned out to be more like a blue ripple, will force gridlock in the government, which is great news for anyone favoring smaller government and less interference in their everyday lives by the sociopaths claiming the right to rule over them. But a divided government also means larger deficits because Democrats don’t want to do anything about the government’s spending problem.

Peter - President - Donald - Trump - Harm

Peter believes that president Donald Trump will actually do substantial harm to the economy by working with House Democrats to...
(Excerpt) Read more at: Zero Hedge
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