Trump's Speech Promised Economically Impossible

Trump's Speech Promised Economically Impossible
Jim Lo Scalzo/Pool Image via AP

President Donald Trump's address to Congress promised the economically impossible—massive spending increases combined with big new tax cuts—without vastly increasing the national debt Trump's already complained is far too big.

Let's call this what it is: fake math.

The true equation is simple: More spending and less revenue add up to negative cash flow.

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