Posted on 04/03/2016 11:22:01 AM PDT by Steelfish
Fact Checker Trump’s Nonsensical Claim He Can Eliminate $19 Trillion In Debt In Eight Years
Donald Trump, in an interview with Bob Woodward and Robert Costa In a revealing interview, Trump predicts a ‘massive recession’ but intends to eliminate the national debt in 8 years
By Glenn Kessler April 2
The Washington Post's Bob Woodward and Robert Costa sat down with Republican presidential candidate Donald Trump. Here's how the interview went. Donald Trump: “We’ve got to get rid of the $19 trillion in debt.”
Bob Woodward: “How long would that take?”
Trump: “I think I could do it fairly quickly, because of the fact the numbers…”
Woodward: “What’s fairly quickly?”
Trump: “Well, I would say over a period of eight years. And I’ll tell you why.”
Woodward: “Would you ever be open to tax increases as part of that, to solve the problem?”
Trump: “I don’t think I’ll need to. The power is trade. Our deals are so bad.”
Woodward: “That would be $2 trillion a year.”
Trump: “No, but I’m renegotiating all of our deals, Bob. The big trade deals that we’re doing so badly on. With China, $505 billion this year in trade. We’re losing with everybody.”
— exchange during a Washington Post interview, March 31, 2016
Of all the wildly impossible assertions made by Donald Trump, the notion that he could eliminate the nation’s $19 trillion in debt in just eight years ranks near the top. Trump suggests he can manage this feat simply by cutting better trade deals.
If only it were that easy. As we have noted repeatedly, eliminating a trade deficit does not mean the money ends up in government coffers. (Morever, Trump is wrong to say the trade deficit with China is $505 billion; it’s $366 billion, according to the Census..... (READ ON)
(Excerpt) Read more at washingtonpost.com ...
Once again Trump is throwing out this “fantastical” notion of his. This is what happens when he goes for these “free” interviews completely unprepared. He allows the press to define him as a buffoon rather than spending his billions of dollars defining himself.
Trumpkins like to live in an echo chamber impervious to anything that shows their Dear Leader is a simply “not ready for primetime” interview.
If the polls show Trump losing, the polls are bad except if it shows Cruz’s lead diminishing.
If it’s an unflattering expose of Trump, then it must be summarily dismissed because its from either the National Review or the Weekly Standard or from some other mainstream news media. With of course, one exception. If it’s a piece showing Cruz in a negative light. The same goes for news item from the Tabloid Press.
So far a change, could someone please read the entire article (rather than have a typical knee jerk reaction) and tells us why this expose is inaccurate? Or is that simply too much to ask because after all we must all live in an echo chamber.
It can be done. Eliminate every alphabet agency not authorized by the US constitution.
Trump is an ignorant BUFFOON when he makes ridiculous claims such as this. He really doesn’t have a clue.
It’s only non-sensical if you believe it’s not possible. It IS possible and can be done.
And we couldn’t get to the moon in 10 years. If you think it can’t be done, you’re right.
You could have stopped the article with the first three words of the headline
Trump’s Nonsensical Claim
Cutting out the freebies would help.
its possible for someone in the private sector to do, its impossible for politicians
And yet the buffoon has millions more votes than the blobfish.
How dare Trump attempt to fix this epic disaster created by reckless government!
It's like a baseball player who wants to hit 60 home runs in a year. He may then set a goal to hit 100 home runs because that will drive his actual performance higher and will be less likely to "rest on his laurels" and take it down a notch as he approaches the 60.
If we cut our national debt only 50% during eight years of Trump, I'll be happy.
HEY, HE CAN DO IT BECAUSE......TRUMP.
Growth and expense cutting.
Reduce the government burden on Business in America, then sit back and watch Americans do what they do.
It CAN be done.
Of course, the DC area and burbs will see a major recession as the taxpayer-funded graft dries up, but we can live with that. Maseratti might even have to close one of it’s two dealerships, as influence peddling declines.
I wouldn’t call anybody a buffoon that can make 10 billion from 1 million. Do you know any politician that can do that, even one who is a “conservative constitutionalist”.
Well, there is a sure fire method, and it is the one that will ultimately be used. Hyperinflation. Eight years into hyperinflation could pay off the $19 trillion debt, with my change from Wendy’s.
Maybe it is the same as Dennis Miller’s solution: simply don’t pay it back. Problem solved. :)
It’s only nonsensical because it wasn’t Lord Obama who said it.
Yet you believe a vote for Ted Cruz is not a vote for Paul Ryan
And the Wollman Rink couldn’t be done underschedule and underbuget. Retards.
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