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How to make it, spend it, and invest it

13 Mar 2019

Mastering Money 3/13/19

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Today there is a lot of talk about the national debt of $22 trillion dollars, and for once that talk is being led by the Democrats! We can only assume it’s because a Republican is in office and we’ve entered the next presidential election cycle. Did we ever leave it? … Today, our deficits are high, but it may shock you to know that they are half of Barack Obama’s deficits when compared to our gross domestic product. A key question– are we borrowing for the right reasons? Well, China and Russia are stepping up their military and cybercrime efforts exponentially. Should we build out the military to fend them off, Or just wave the white flag and surrender? Cutting the deficit matters, but it would require cuts in Social Security, Medicare, Medicaid, and the Military. Today, we’ll break down the numbers on the current deficit you need to know. Then Shelley Grandidge joins us for the Q & A. You DON’T want to miss it! MASTERING MONEY is on the air!!