The Election Autopsy

Trump has promised to increase military spending,massive infrastructure spending,massive veteran and VA spending,destroying Isis while making the biggest tax cut in history....Lord help us
 
AAAintheBeltway said:
I think there is some truth to this. One difference is republicans control both houses of congress, a luxury Reagan did not have. If they have the will, they can curtail spending. Trump will also save a lot of money we have been pissing away in Afghanistan and Iraq.
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Destroying Isis means going back into Iraq,Syria as well.
 
Donald Trump has modeled his campaign so far on Ronald Reagan's. He even adopted Reagan's campaign slogan word for word, without giving Reagan credit of course. I fully expect him to model his administration and economic policies on Reagan's as well. He may eventually be referred to as Reagan II. Here is a knowledgeable article that I doubt few here will take the time to read. But for those wanting to know what a Trump administration is likely to be like, this article will tell you in detail. Like Reagan, I anticipate that Trump will be a very popular President. https://consortiumnews.com/2012/02/20/ronald-reagan-worst-president-ever/
https://consortiumnews.com/2012/02/20/ronald-reagan-worst-president-ever/
Those who do take the time to read this article will notice that when the words Ronald Reagan appear one can often substitute the words Donald Trump.
 
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piezoe said:
The economy will take off like a rocket, GDP up to 3%. Wages will rise everyone will be happy, especially the wealthy! Deficits will soar, and the next President will have to deal with the inflation. Trumps slogan was borrowed from Reagan and very likely his economics will be also. four years, at least, of extreme, supply-side, trickle down economics are likely on the way. Only a few will realize that they are borrowing for the good life and will have to pay it back via inflation later. But hey, some of us will be dead later! "laissez les bon temps rouler"
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I agree, He pretty much spelled out in his acceptance speech he's going to have massive fiscal infrastructure programs to create jobs (which is demand side not supply side) and massively cut taxes (supply side) while not one word about reducing spending. Sounds like parabolic debt crisis is the plan lol.

This is not a conservative economic plan and you are right Reagan did the same thing and was "forced" to raise taxes for his stupidity.
 
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ajcrshr said:
I agree, He pretty much spelled out in his acceptance speech he's going to have massive fiscal infrastructure programs to create jobs (which is demand side not supply side) and massively cut taxes (supply side) while not one word about reducing spending. Sounds like parabolic debt crisis is the plan lol.

This is not a conservative economic plan and you are right Reagan did the same thing and was "forced" to raise taxes for his stupidity.
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A jobs program aimed at say building infrastructure is partly a long range investment, it also reduces federal spending elsewhere in the budget, and results in demand stimulus. This would be very much an application of Keynesian economics. But it must not be overdone; this kind of stimulus should not be applied if the nation is already at full employment. Also to the extent that infrastructure building results in unproductive assets, e.g., roads and bridges to nowhere, its investment component will be lessened. I applaud this kind of stimulus when it is judiciously employed.

Supply side stimulus is a very bad idea and will lead to precisely the same ills that the Reagan supply side stimulus led to; problems that are still with us today.
 
Tony Stark said:
Destroying Isis means going back into Iraq,Syria as well.
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Nope. The Russians and Assad can finish off ISIS in Syria. Iran, Iraq, the Kurds and the shia militias can do the job in Iraq. We might kick in some carpet bombing to make things easier. End of the day, it's their country and they have to sort it out.
 
ajcrshr said:
I agree, He pretty much spelled out in his acceptance speech he's going to have massive fiscal infrastructure programs to create jobs (which is demand side not supply side) and massively cut taxes (supply side) while not one word about reducing spending. Sounds like parabolic debt crisis is the plan lol.

This is not a conservative economic plan and you are right Reagan did the same thing and was "forced" to raise taxes for his stupidity.
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Months ago it became clear from various Drumpf statements that he was going to leave entitlements alone, increase spending on the military, cut taxes, and balance the budget. The guy's a loon.
 
Tony Stark said:
massive veteran and VA spending,
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This one of the fewe areas where Obama certainly tried to save money. He was at best indifferent to the plight of wounded warriors. He tolerated criminal misconduct in the VA.

When Trump takes office, that will change from day one. No longer will illegal aliens get better health care than our vets.

Getting out of Afghanistan will save tens of billions. Forcing our NATO freeloaders to pay up will generate hundreds of billions more. Even better would be pulling out of NATO altogether and let them defend their own countries. It might even have the benefit of focusing their addled minds.

Personally, I would rather spend that money on rebuilding our roads and bridges, but we will need to make certain that the jobs go to Americans, not illegals. We will be building a massive wall as well, but Mexico is paying for that.
 
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