Posted on 03/25/2016 6:23:49 AM PDT by reaganaut1
...
What Trump implicitly promises is a closing of the gap between federal revenue and spending without any pain for ordinary voters. He claims that better management, led by him, is all it will take. It is the worst kind of wishful thinking and deception.
On entitlements, Trump is essentially in agreement with most Democrats. He says he won’t make any changes to Social Security or Medicare benefits. In previous years, he also said Medicaid shouldn’t be cut. He says he now favors converting Medicaid into a block grant to the states, although he has not promised that this switch would reduce federal costs.
It is not possible to address the nation’s fiscal challenges while protecting, now and in the future, entitlement spending — unless you are willing to impose massive tax hikes, such as those President Obama proposes.
In 1970, combined federal spending on Social Security, Medicare, and Medicaid was 3.7 percent of GDP. Today, spending on these programs, plus the new subsidies for insurance under Obamacare, accounts for more than 10 percent of GDP. And spending on these programs will reach 14.2 percent of GDP by 2040 unless they are changed to reduce their costs.
President Obama’s answer to the growing problem of entitlement spending is simple: more revenue. Over the past fifty years, federal revenue has averaged 17.7 percent of GDP. Tax hikes implemented during the Obama years would already push revenue up to 19.4 percent of GDP by 2040. But the president and his supporters want to raise taxes even more to cover the rising costs of entitlement programs.
Trump says he disagrees. He has proposed a tax cut of at least $10 trillion over the coming decade.
(Excerpt) Read more at nationalreview.com ...
You CANNOT CUT TAXES!!!!!!
no WAY, no HOW, NONONONONO!!!!!!!!!!
Keep our GRAVY TRAIN just as IT IS!!!!!
When there are more jobs, because Trump reduces regulations, helps with a pro-American trade policy and encourages domestic energy production, then there will be more tax revenue coming in and less need for welfare, food stamps, etc. A simple restoration of the welfare reform that Gingrich & Co. forced down Clinton’s throat - which Barky got rid of - will also do wonders to reduce the size of the welfare state.
FYI, you might want to look up what he did with the Wollman skating arena in Central Park in the mid-’80s - the level of sheer incompetence and not giving a damn by government employees at ALL levels was stunning. He went in there and got the job done for a tiny fraction of the literal millions that NYC had wasted over 6 years to do less than nothing, and in 5 months had a working rink. THAT is what the private enterprise mindset can do.
Is Trump G-d, that he’ll fix all of the problems of 75 years of a welfare state in the blink of an eye - nope, not by a long shot. But he’ll do a lot more than virtually anyone else. The reasoning here is simple: because he will be held to the highest standards, he MUST perform or it will soil his legacy forever - and with an ego like his, that’s not something that he’s going to allow to happen. Whatever else you (or anyone else) thinks of Trump, he IS a man of action, he DOES get things done and he knows how to motivate people to do their best.
“Nobody is paying me. I post so much because I think Trump would not be a good candidate in the general election or good president if elected. There are lots of staunch Trump supporters on this site. I don’t assume they are being paid. Don’t assume Trump critics are hacks either.”
OK, fair enough. Have a nice day :)
Go Trump!!!
If Trump cared about being "excoriated by the mediots" then he wouldn't have made his comments on walls, rounding up 12 million people, banning Muslims from entering the country, or any of the other subjects he's already been trashed on. Trump does not discuss his plans to cut such spending because he has no plans to cut such spending. It's as simple as that.
Trump has said he'd impose tariffs of 25 or 35 or 45 percent, depending on source. What is that but a tax on consumers?
Walls and soforth are easy to talk about, and carry little blowback. It’s hard to generate sympathy for illegal aliens who rape, kill, maim, etc.
Now say you’re going to cut welfare spending by X% or even cut the rate of growth as Gingrich did, and mediots will have a field day running you into the ground with sob stories about how hard they will be hit having to actually pay for their own cell phone, etc etc.
You can not like Trump, and you are welcome to that, but consider that Cruz has not offered any such plan either. So what does he plan to do?
Oh really? And all the charges of "racism" that his plans for Mexicans and Muslims have generated in the media? I don't think they had any problems generating those.
You can not like Trump, and you are welcome to that, but consider that Cruz has not offered any such plan either. So what does he plan to do?
Actually Cruz has offered a very detailed List of cuts that he would work for. Admittedly they don't go far enough but they are far more detailed and far more extensive than anything that Trump has proposed. And the reason is, of course, that Trump has no plan for cuts.
Let me Know when you make the same statement to people posting anti-Cruz nonsense.
Just saying.
There is way too much BS being posted all around, that does absolutely nothing to attempt to bring someone to a particular candidate and is in fact post simply to agitate. This is by no means limited to Cruz supporters, of course anyone wants to go after kasich, no harm, no foul 8^ )
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.