maybe we just want smaller democrat government
Jeffrey Gundlach: Prepare For A Trump Presidency
- Thread starter JamesL
- Start date
so you know how the economy is going to react to the changes that are made to the tax code and govt spending?
Oh let me guess you still believe govt revenues go down after tax cuts even though govt revenues have gone up after tax cuts.
by the way... I have never really been on the Trump bandwagon, but I will be voting for him as long as he does not sell us out to the establishment.
finally how has the establishment gotten in the way of Obama's plans. Since the Rs have been in control they and justice roberts seem to have been Obama enablers.
Oh let me guess you still believe govt revenues go down after tax cuts even though govt revenues have gone up after tax cuts.
by the way... I have never really been on the Trump bandwagon, but I will be voting for him as long as he does not sell us out to the establishment.
finally how has the establishment gotten in the way of Obama's plans. Since the Rs have been in control they and justice roberts seem to have been Obama enablers.
The U.S. government owes $12.8 trillion to the public. The majority of this money is owed to American citizens and businesses.
“I would borrow, knowing that if the economy crashed, you could make a deal,” Trump told CNBC. If the U.S. borrowed too much and invested its fresh cash in unproductive products, Trump would tell creditors to accept less than what he’d initially agreed to.
Another way to describe this plan: “I would default on the national debt.”
Great, Donald Trump Threatened To Default On The National Debt
http://www.huffingtonpost.com/entry/donald-trump-default-national-debt_us_572d08e3e4b096e9f0917fac
“I would borrow, knowing that if the economy crashed, you could make a deal,” Trump told CNBC. If the U.S. borrowed too much and invested its fresh cash in unproductive products, Trump would tell creditors to accept less than what he’d initially agreed to.
Another way to describe this plan: “I would default on the national debt.”
Great, Donald Trump Threatened To Default On The National Debt
http://www.huffingtonpost.com/entry/donald-trump-default-national-debt_us_572d08e3e4b096e9f0917fac
My god. Did you lose your glasses?
My god again. Did you lose your glasses?
Futurecurrents = Frederick Foresight? Wow.
Why Trump's U.S. Debt 'Default' Isn’t as Insane as It Sounds
The irony is: His critics are the ones who don't understand.
Trump's comments get at the heart of the one big problem in the global economy: The ongoing accumulation of government debt that's hamstringing growth and economic vitality. Just look at Japan's multi-decade debt-deflation malaise. It's time to at least consider how we could hit the reset button.
The solution of those on the left, to paraphrase: Borrow and spend even more, funding government largesse in the hopes we can grow out of our debt hole. The politically unlikely solution of moderates such as the Committee for a Responsible Federal Budget: Cut spending, including entitlement programs like Medicare and Social Security, while raising taxes.
http://www.thefiscaltimes.com/Columns/2016/05/06/Why-Trumps-US-Debt-Default-Isn-t-Idiotic-It-Sounds
The irony is: His critics are the ones who don't understand.
Trump's comments get at the heart of the one big problem in the global economy: The ongoing accumulation of government debt that's hamstringing growth and economic vitality. Just look at Japan's multi-decade debt-deflation malaise. It's time to at least consider how we could hit the reset button.
The solution of those on the left, to paraphrase: Borrow and spend even more, funding government largesse in the hopes we can grow out of our debt hole. The politically unlikely solution of moderates such as the Committee for a Responsible Federal Budget: Cut spending, including entitlement programs like Medicare and Social Security, while raising taxes.
http://www.thefiscaltimes.com/Columns/2016/05/06/Why-Trumps-US-Debt-Default-Isn-t-Idiotic-It-Sounds
In a way you're right. Most of the money we owe is to ourselves, and if someday I can't pay, and you can't pay, then I'll forget about what you owe me if you forget about what I owe you. Yes, it kind of sucks if you based your life on gambling and renting money (because now what are you going to do, yikes!), and I based mine on work, which I'm accustomed to and capable of, but... you reap what you sow.
Your ignorance is astounding. Under republican governments debt increases a lot more than with democrat governments.
Is it the case of ears-shut-mouth-open with you?