Trump's first budget proposal will call for $54 billion increase in defense spending

[Tony Stark]

Tony, first off welcome back. Are you working for Soros now? I hope you weren't one of the thugs arrested at the inauguration riots.

I happen to agree with you on this issue of massive defense increases. Our policy is one of pushing on the brake and accelerator simultaneously. We waste huge amounts of money on the obviously failed Afghanistan adventure, yet now the military wants more. I say pull out of there and use the savings to shore up our own border. There is no rational explanation for remaining in NATO either, other than the cush jobs it provides insiders. Let europe sort out its own problems.

Trump also needs to be very careful taking advice on Syria and ISIS from his generals. Russia and Syria are doing a pretty effective job of dealing with the terrorists Obama set loose there. Stay out of their way and let them finish the job.

Trump's biggest security challenge now is to defeat our own deep state, not take on more foreign adventures.

Nice to see you again AAA.Extra nice since it's on an issue we agree

 

[Cuddles]

Hehe, went long on Defense betting on Hillary doing proxy Russian wars and knowing Republicans are always hawks, no matter what they say. Glad this idiot is following through

 

[Max E.]

Bottom line is there is going to be another gigantic whole in the deficit under Trump, he wants to lower taxes, and doesnt want to touch military, social security or medicaid, plus wants to spend on infrastructure, so its not even possible he can do enough with spending outside of that to make up for tax cuts, there is a very real chance he could add as much to the deficit as obama which would be incredibly troublesome.

 

[Scataphagos]

Must say I'm a bit perplexed by the market's response to what appears to be more budget-busting-deficit spending. Trump has said something to the tune of "gotta get the budget under control"... and then proposes more-of-the-same spending.

 

[AAAintheBeltway]

Trump's plan sounds crazy but it just might work. He wants to gun the economy with fiscal stimulus but use tariffs to moderate the surge of imports such an acceleration would otherwise create. Bond yields will go up but not dramatically because the US is the only really attractive place to park money. A revved up economy with full employment, helped by a massive decrease in illegal immigrants, will shower the Treasury with tax revenues.

 

[java]

Trump's plan sounds crazy but it just might work. He wants to gun the economy with fiscal stimulus but use tariffs to moderate the surge of imports such an acceleration would otherwise create. Bond yields will go up but not dramatically because the US is the only really attractive place to park money. A revved up economy with full employment, helped by a massive decrease in illegal immigrants, will shower the Treasury with tax revenues.

He doesn't want tariffs, that's a threat and last resort. He wants a new bilateral deal with China.