Trump Team preparing 1 Trillion cut to budget.........PER YEAR LMAO

Nine_Ender said:
Without the spending your country would have been in a long, painful recession and many citizens wouldn't have accepted austerity from your government. In 2009, numerous US posters on here said a Depression or something close to it was inevitable. Sure, they can cut expenditures now, because the economy isn't in dire straights anymore.
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Did you read my comment to the end? Think expense reduction...
 
Nine_Ender said:
Wrong ? Trump hasn't done anything yet. Remember, Obama is leaving him with a GDP increase over 3% and unemployment is at a 9 year low. Let's see how Trump actually does. If it's anything like his businesses, debt will go up, he's run numerous businesses into bankruptcy. He's said he'll provide GDP yearly increases of 5% or more ( 'it's going to be great' ... ).

What I clearly said is check back in 3-4 years and let's objectively measure his REAL performance. Remember, most on here rated Obama an abject failure ( unfairly given what he was handed, the US in it's worst recession since the 1930s ). This isn't open to debate, the results will decide not some politically motivated bs thinly disguised as debate. And my example of what people were posting in 2009 and 2010 on this site about US stock markets is a great example of how group think can lead to a whole lot of bs that people delude themselves with.
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Most people stopped looking for employment. Do you follow news? Carrier, Boeing, Lockheed contracts have been renegotiated, and Trump wasn't even in office. Where have you been? Oh yeah to busy crying over crooked hillary ...
 
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lylec305 said:
Did you read my comment to the end? Think expense reduction...
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If it was easy it would have happened already. Saying "think expense reduction" is like saying Trump's Atlantic City casinos would still be in business if they simply cut costs.
 
lylec305 said:
Most people stopped looking for employment. Do you follow news? Carrier, Boeing, Lockheed contracts have been negotiated, and Trump wasn't even in office. Where have you been? Oh yeah to busy crying over crooked hillary ...
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Why would I cry over Hillary ? I support neither American party, I have no allegiances to either.
How many of those contracts used government subsidies ( which cost tax payers money ) to reduce ( not eliminate ) job losses ? Trump is selling a story to you, it remains to be seen how material and effective any of this is longer term.
 
Nine_Ender said:
If it was easy it would have happened already. Saying "think expense reduction" is like saying Trump's Atlantic City casinos would still be in business if they simply cut costs.
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Trump's casino's was 10 years ago. Obumer is a politician, Trump is a businessman, do you know the difference?
 
Nine_Ender said:
...In 2009, numerous US posters on here said a Depression or something close to it was inevitable.
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True story from 09/2012: I was a contractor supporting a team of government workers and one of them was so anti-Obama and anti-government (the irony) that he kept telling me the U.S. economy was collapsing and that he had cashed in his 401k and was buying gold because "hyperinflation was coming" and he kept talking about Zimbabwe currency issues and such. This guy was totally "the sky is falling...!".
Fast forward to today: Gold is down more than 30%; SPY up more than 55%.
 
This is going to be easy to follow/check: at 1trillion/year, that means we'll see the first 100 billion cuts in less than 6 months : after this summer we'll know how the cuts have been managed.
 
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