Posted on 04/02/2016 4:22:32 PM PDT by Hojczyk
Screwed.
“Recession? Honestly, this is too silly to contemplate.”
Since we’ve been in a depression for years, I guess that’s true.
“There is no recovery, we are in a sustained depression marked by fits and starts and massive government tinkering.”
Glad to see someone else who doesn’t scoff at the “D” word.
I was beginning to feel like the last survivor of Fort Nowhere.
Referring to his plan to eliminate 20 to 28 trillion of national debt in 8 years by cutting spending without touching entitlements, in the face of a massive depression. It is a rather absurd proposal which, if it stays in the news, he’ll explain away he’ll explain away by “explaining” he meant the budget deficit. Which I doubt he do without a recession or without cutting entitlements.
Also, by accepted definitions of depression, we aren’t in one, in fact haven’t been in almost 80 years.
That's true, and while it won't eliminate the deficit much less the debt it putting us on the right track. Some states are doing that now, though the Feds are challenging them. I'd rescind the executive order day one. And there are others which could reduce expenditures as well as increase revenues, like his offshore drilling bans and EPA requirements designed to destroy the coal industry. Instead of silly comments about the debt and recessions, without solutions, his advisors should give him a list of ten executive orders like the one you mention to be rescinded day one. With their fiscal economic and employment impact.
“Referring to his plan to eliminate 20 to 28 trillion of national debt in 8 years by cutting spending without touching entitlements, in the face of a massive depression.”
Beg pardon? Are you saying we are in a depression?
“Also, by accepted definitions of depression, we aren’t in one, in fact haven’t been in almost 80 years.”
We are fed almost nothing but fraudulent figures. How is unemployment at 5% when almost a third of Americans are out of work?
If we had bread lines instead of those foodstamp cards, it would be easier to see how bad things are.
The middle class has been destroyed.
Dern, you nearly got me. Pretty slick.
AFAIK, Trump didn’t say he was going to “eliminate 20 to 28 trillion of national debt in 8 years by cutting spending without touching entitlements.”
I believe that to be a falsehood.
Trump did say he was going to eliminate $17 trillion of debt by selling government assets.
Sounds good to me.
Except that cuts that deep may just add full to the recessionary fire.
Sitting down with a few “friends” I was astonished just how many large companies need government money to operate. I am not talking about ripple effects from say, a large number of .gov workers hitting the streets, but direct payments to companies.
It made me realize that we are beyond the point of a recovery. There is so much .gov money propping up banks, firms, and just about everything that the only way to return to reality is a massive crash. No politician will allow that to happen in their term.
If you want to start a dark age, go right ahead.
The US military has become the Imperial forces. If we pull back from Japan, China will be running the place in a generation. That would start Russia getting very nervous, and looking to either counter China or expand back into Europe.
Once the Legions leave, the barbarians will come in.
And they would land in the unemployment roles, lose their homes, and drag a lot of small and medium businesses down with them.
We are so screwed.
For cripes sake, has that not happened to Middle America for many years now? Are these millions of do nothing bureaucrats banging on keyboards exempt from this? Should we coddle them?
Bull sh*t.
No we should not. But they are something I (and probably you) are not. They are visible to the decision makers.
Conagra pulled out of Omaha. That is causing massive disruptions, but no one cares because it is Omaha. When Northern Virginia goes down, it will be leading the news for weeks.
I would eliminate about 500,000 bureaucrat within a week of two of taking office. Like Middle America, I’d tell them we have a new business model for government and it’s going to be streamlined and updated. Tell them they’re dead weight and we simply can’t afford them. End of story. Just like what happens out in the hinterlands, outside of the D.C. magic kingdom.
You may not like what Trump is proposing, but Cruz isn’t even talking about the debt.
We are sliding off a fiscal cliff and something needs to be done.
There’s only one candidate willing.
Thanks for all your informative posts in the 2 threads about Trump’s plan to reduce the deficit. Then debt.
You are thinking within the framework of the Cold War which is no more.
The two front war the U.S planned for is done for. We didn’t grow weaker. The rest of the world is just catching up in productivity, inventiveness, and economic juggernauts.
Large Navies are closer to obsolescence and we’re in the birth period of mass drone and automated warfare. Without dominant Navies, deployed forces abroad have become vulnerable. Evan conventional Air superiority will move closer to ineffectiveness. Perhaps not close air support for a while, but transport of troops, equipment and resupplies will be in jeopardy.
Military technology and strategic shifts to new technology are moving quite rapidly.
I think Trump is eyeing a Russian American alliance of sort. This is Trumps equivalent of playing the ‘Russian’ card and abandoning Nixon’s China card.
The problem is the globalists and their desire for unfettered immigration from Muslim countries into Europe to homogenize the world -— something China is not going to accept for themselves.
There is so much strategic holes in our current deployment it is time to pull back and consolidate around what we have and what is ours.
Allies will be invited to participate, but I think Trump is going to hold until certain agreements and subordinations are made.
In other words, Nato has died, long live Nato. The new Nato with centralized command under the United States. Will become a quasi nation state.
It’s just a matter of time. We are weakened from 8 years of war, then 8 years of Obama. I would be very surprised if the nuclear forces of the U.S are up to par.
Now, adding in the fact of the economic constraints we’re now facing and will continue to face for at least a generation, it is imperitive that the U.S start strategically withdrawing from places not willing to join and co-fund and participate in similar economic systems.
I'm sorry, he does say these things. I think he's the probable nominee, it's time to get his ducks I a row. Cut back on blustering campaigning, consults with quality advisors, and presents solutions with defensible rhetoric. The left may no like his solutions, but the facts need to hold up.
As to the asset sales, that came a day or so later, when it was pointed out there was no way to accomplish it. Using that as an example, it's probably undoable by asset sales in that time frame as well. Land and physical asset sales take time, and there will be opposition in Congress. Simply shutting unused military bases and putting them to private use has taken decades. Why not concentrate instead on one asset. The majority of the country is in favor of energy independence. Production in the US eliminates imports improving our trade balance which is a Trump issue, though unspoken. It provides jobs in the US rather than overseas. Doesn't bring any back so that soundbite doesn't work, it creates them. We're estimated to have in the area of $125 to $130 trillion in energy assets. Not the government, the nation, but the government can tap that income stream. I suspect he could make that case. There are other similar opportunities which would be supported by the electorate.
Not much disagreement about Cruz. I don't dislike as what Trump is "proposing" as I do his continuing stream of unrealistic solutions to legitimate problems, frequently changed within a day or so. You can't assume that will defeat a democrat since voters do notice. Given his lack of longstanding political positions it also makes me wonder about his detailed knowledge and commitment to his "solutions". I would, however, like to see him defeat Hillary, and if he's a disaster, it's only for four years.
“He said that earlier in the year. A bit later he said entitlements would be exempt.”
As another poster pointed out, when Donald finds out something that he thought was fine is not so fine after all, he doesn’t waste time in doing the corresponding about-face. Which, since it is not cynical flip-flopping but rather growth, I find admirable.
“He also said he’d save $300 billion a year from medicare drug purchases through making better “deals”, his favorite word. Medicare costs a bit under $600 billion a year, drugs are about 11% a year.”
Come on, do you really think waste, fraud, and abuse accounts for less than half of Medicare spending?
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