Posted on 01/29/2020 3:46:37 AM PST by Kaslin
And I think an argument can be made for that. However Trump is currently on his way to a 5 million deficit, at a time when the economy is booming. Thats a real problem. If he stays on the same fiscal track during his second term he would add 10 trillion to the debt. More than Obama did.
There’s no way to stop the debt. Unless the entire government is dismantled tomorrow. That means stopping all Medicare and Social Security, too. That will never happen, of course. Until it all blows up.
Even then, the debt would still be there.
Yes, the total debt will be even larger after President Trump’s two terms.
Still, it will be less than what Hillary or Bernie would have brought.
We’re on a runaway train. Nothing is going to stop it.
Hang on for a New World Order.
t. Theres also the argument about how much control a president actually has on the economy.
Except historical data does not support that. So what you are saying is wrong.
As I showed in my previous post during the Reagan and Bush jr eras our debt climbed dramatically. During the Clinton and Obama eras it didnt.
I take it then that you are not an accountant. LOL! There are two sides of the ledger; INCOME and EXPENDITURES. If income goes up then the debt/deficit ( if there is one ) goes down. Get it? Lowering taxes increases revenue, HOW MANY TIMES DO I HAVE TO EXPLAIN THAT?
If you were a serious person you'd be in favor of cutting spending, lowering income taxes and drastically increasing import tariffs. That was the Republican Platform until stupid greedy globalists took over the part, and I assume you are one too.
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