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Trump’s Nonsensical Claim He Can Eliminate $19 Trillion In Debt In Eight Years
Washington Post ^ | April 02, 2016 | Glenn Kessler

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 ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: District of Columbia; US: New York
KEYWORDS: 1stcanadiansenator; abortion; angertrolling; barrybennett; bobwoodward; chrisjansing; consensuscracking; cruzisobama; cubanmistresscrisis; danielgabriel; deathpanels; demagogicparty; districtofcolumbia; energy; fishrot; forumsliding; gainingfullcontrol; glennkessler; globalistcruz; houseatreides; memebuilding; methane; moosebitsister; msnbc; needmorecowbell; negativity; noteligiblecruz; obamacare; obamarecession; obamataxhikes; opec; openboarderscruz; partisanmediashill; partisanmediashills; petroleum; robertcosta; spam; steelfish; tdspoopfest; topicdilution; topicrepostabsurdum; trump; ttiuwp; undecided2012; unipartymeme; unipartyposter; unipartyterror; washingtoncompost; washingtonpost; zerocare
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To: mac_truck
Like any in the UNIPARTY wants to get rid of our ENORMOUS DEBT...

The UNIPARTY is like a crack-ho wife who continually cries when her hubby attempts to reduce her shopping mall trips.

61 posted on 04/03/2016 11:49:23 AM PDT by HypatiaTaught
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To: Solson
It’s only non-sensical if you believe it’s not possible. It IS possible and can be done.

How?

62 posted on 04/03/2016 11:49:58 AM PDT by Lower Deck
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To: proust; All

“The latest Chris Matthews style attack. Dickerson also did it to Trump this morning. People are going to get sick of this s*** real fast.”


I only watched about 15 minutes of their propaganda this morning, but caught that one.

Here is the letter I sent to CBS....follows is their contact addresses!

Your sponsors are being boycotted.

This morning, the DRILLING by your so called ‘reporter’ against Trump over the NON ISSUE of his campaign manager touching some phony reporter activist trying to cause trouble is DISGUSTING. Fields is at fault, and the only one…she assaulted Donald Trump! Can you even see your own video???
STOP the LIES and the endless interrogation of Trump over our made up ‘news’!
Your correspondent Dickerson was more than annoying with his ‘gotcha’ nonsense style of interview ! There are real problems in this country! CBS concentrates on RUMOR!

Enough of this crap already! We will protest in front of your corporate offices! YOU, the main stream media is the biggest threat this nation has!

NEVER will we watch CBS again! NEVER. This will go viral, count on it. http://audienceservices.cbs.com/feedback/feedback.htm

https://www.facebook.com/johnfdickerson


63 posted on 04/03/2016 11:50:59 AM PDT by AuntB (Trump right on Trade, Immigration, Terrorism,Economy, 2nd amend. Without them, we are lost.)
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To: SamAdams76
If we cut our national debt only 50% during eight years of Trump, I'll be happy.

Hear ! Hear ! We would ALL be happy.

64 posted on 04/03/2016 11:51:04 AM PDT by builder (I don't want a piece of someone else's pie)
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To: JayGalt

Perhaps you have forgotten that Congress decides how much to spend, and on what? Either Trump or Cruz may make progress on the debt and deficit, but neither will be able to do much on their own.


65 posted on 04/03/2016 11:51:17 AM PDT by CA Conservative (Texan by birth, Californian by circumstance)
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To: Steelfish

Get back to me when Trump agrees to eliminate every unconstitutional agency and program, including the socialist “entitlement” programs of the New Deal and the Great Society, and the Fed, and the IRS.

Until then, his claims are laughable.


66 posted on 04/03/2016 11:51:47 AM PDT by EternalVigilance
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To: hawkaw

only the cultist could believe this crap.

10,000 boomers are retiring everyday and going on SS, yet only 2,000 per day enter the workforce.

What Trump is saying is absolute BS electioneering


67 posted on 04/03/2016 11:52:21 AM PDT by Undecided 2012
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To: AuntB

Way to go!


68 posted on 04/03/2016 11:54:20 AM PDT by proust (Texans for Trump!)
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To: builder
If we cut our national debt only 50% during eight years of Trump, I'll be happy. Hear ! Hear ! We would ALL be happy.

Well - except for the people losing their goodies, etc. And that would include many of his supporters. But it is still the most worthy idea he has. But the American people would never put up with it. They all like their goodies paid for them by others, to allow it to happen.

69 posted on 04/03/2016 11:54:28 AM PDT by builder (I don't want a piece of someone else's pie)
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To: Eric Pode of Croydon

I don’t think I’ll live that long. I have paid in A BUNCH.


70 posted on 04/03/2016 11:55:44 AM PDT by GeorgiaDawg32 (www.greenhornshooting.com - Professional handgun training.)
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To: Undecided 2012

Did Trump give specifics in the interview ? It could be he is confusing the debt with the deficit ?? Although I doubt anything will be done about that either if entitlements and military spending are off the table in the midst of a massive recession.


71 posted on 04/03/2016 11:56:16 AM PDT by erlayman (yw)
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To: erlayman
Did Trump give specifics in the interview ? It could be he is confusing the debt with the deficit ??

We'll never know because they kept interrupting him...apparently its the new attack media tactic.

72 posted on 04/03/2016 11:58:13 AM PDT by mac_truck (aide toi et dieu t'aidera)
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To: hawkaw
You can’t pay off that kind of debt without really hurting the country and cutting back social programs like social security. He will never get elected if he cuts back on the social programs.

Social programs are killing the country, and are a large part of why the deficit is close to exponential growth. Look at the website link in my tagline: every deficit dollar spent goes to social programs. Put another way, government receipts and expenses would balance out if not for the social programs.

Social programs are a cynical invention of politicians designed to make people dependent on government for survival, in order to guarantee that they will continue to vote for the politicians enslaving them.

Do you really think that the people currently enslaved by government social programs are going to be better off in an economic collapse that results in the government not being able to continue any social programs? Or will people be better off by growing the economy, reversing the policies that have led to jobs leaving the country, and growing the workforce?

I am utterly amazed by people saying on a conservative website that they want to keep liberal/socialist programs and denouncing the one guy whose campaign is built around fixing the problems!

73 posted on 04/03/2016 11:59:11 AM PDT by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: DouglasKC

You bet. Just like the leftist told all it was impossible to secure our own borders...

Government wastes hundreds of billions per year, which do not in any way benefit the American people, and in fact cause more decline. In fact, I’d bet we can also eliminate 500,000 bureaucrat positions with little effort.


74 posted on 04/03/2016 12:00:10 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Steelfish

Trump can sure do a better job than any other candidate because the Establishment Uniparty will do NOTHING BUT SPEND SPEND SPEND.

You can count on that.


75 posted on 04/03/2016 12:01:59 PM PDT by Gasshog (Stay Tuned for further developments in the CUBAN MISTRESS CRISIS)
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To: Steelfish

Sorry, but stopping unconstitutional government spending and cutting the size of government CAN be done quickly and is certainly not nonsense except to those who love our $4 trillion mostly unconstitutional government.


76 posted on 04/03/2016 12:02:26 PM PDT by Jim W N
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To: Steelfish
Hyper inflation can wipe out a 19 Trillion National Debt in a remarkably short amount of time.
77 posted on 04/03/2016 12:03:57 PM PDT by rdcbn ("If what has happened here is not treason, it is its first cousin." Zell Millera)
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To: E. Pluribus Unum

Yeah...it can be done following your suggestion...but that is not what Trump is suggesting and by following his suggestion and ideas...it’s absolutely impossible.


78 posted on 04/03/2016 12:03:59 PM PDT by NELSON111
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To: GeorgiaDawg32

Social Security is not an entitlement?


79 posted on 04/03/2016 12:04:43 PM PDT by sphinx
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To: proust
“And yet the buffoon has millions more votes than the blobfish.”

Bandwagon fallacy.

80 posted on 04/03/2016 12:05:04 PM PDT by jeffersondem
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