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Will Trump balance the budget?

Discussion in 'BBS Hangout: Debate & Discussion' started by calurker, Nov 11, 2016.

  1. zzpot

    zzpot Member

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    I don't think so... Trump will cut the hell out of Government.
     
  2. FranchiseBlade

    Supporting Member

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    Really? Trump has said that the govt. would pay for health care of people with pre-existing conditions, and hasn't really explained what he will cut. So far he looks like he's going to cut back on how much money the govt. takes in, and increase how much it spends.
     
  3. Air Langhi

    Air Langhi Contributing Member

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    Most of the spending is social security and Medicare. If he cuts that lets see how many votes he gets cause unlike young people old people vote.
     
  4. zzpot

    zzpot Member

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    kill unneeded pork projects, and go to a 15% tax plan as fast as possible. With that tax plan bring back the overseas Corporate and private money into the US economy. Build the wall and start fixing immigration and guest worker visa plans then tax the remittance money. (Mexico's central bank reported Mexicans overseas sent nearly $24.8 billion home in 2015, overtaking oil revenues for the first time as a source of foreign income.)
    See there's money everywhere.

    I'm not an expert but it can be done, you have to run it like a business.

    Boss Trump?
     
  5. FranchiseBlade

    Supporting Member

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    Which pork projects will you kill that will make a dent? Trump isn't proposing a 15% tax plan. Overseas investment is already happening in the United States. Building the wall isn't going to happen and it wouldn't work even if it was built.
     
  6. zzpot

    zzpot Member

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  7. zzpot

    zzpot Member

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    You can ask me for the plan all you want but I don't have it world for word just the jist of it as reported. I wish you were paying more attention during the race.

    Trump talked about everything I have said and you can look it up.
    http://www.politifact.com/truth-o-m...-trump-says-illegal-immigration-costs-113-bi/

    ^^^^ This may help ^^^^^^
     
  8. bingsha10

    bingsha10 Member

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    With all the spending he wants? No way.
     
  9. No Worries

    No Worries Member

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    From a post factual perspective, I agree.
     
  10. ipaman

    ipaman Member

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    After 8 budget busting years, all of a sudden this matters LOL
     
  11. tallanvor

    tallanvor Member

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    [​IMG]

    [​IMG]
    If Obama is the benchmark, I don;t see how Trump can fail when it comes to the budget.
     
  12. calurker

    calurker Member

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    So stay the course?

    Lol, negative GDP. That's rich. Can't take it seriously when it shows negative GDP.

    Again, stay the course?

    So deficit only matters when the president is a Democrat?
     
  13. dmoneybangbang

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    Only if a severe economic crisis happens that causes all the automatic spending.
     
  14. Invisible Fan

    Invisible Fan Member

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    It should matter. Gop has been biting and scratching for a debt ceiling, even shutting the government down and triggering sequestration.

    They have the most power since the early dubya era that triggered massive tax cuts right before a recession
     
  15. Bobbythegreat

    Bobbythegreat Member
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    Hopefully they continue to get the deficit back under control. It took some time but they managed to get it back to about where it was before Democrats took control and went on a spending spree. There's still work to do, and I'm not sure the Republican party is fiscally responsible enough to do those things, but it's better than the 1 trillion+ annual deficits we were facing under Democrat control.
     
  16. Amiga

    Amiga Member

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    If you want to talk about deficit and debt, would it be more accurate to talk about policies and it's short and long term impact. If you must assign R vs D, you look at policies started by them. Look at what Obamacare will do, what the two wars have done, what the Bush tax and Obama tax has done and will do, etcs.

    You don't necessary look at recession because those are very hard to attribute to a party. Those are outside factors that have a big impact, but to claim that X increase the debt by Y because of economic downturn, especially one that happen prior to a new Admin taking office is partisan. Likewise, to claim that X decrease the debt by Y because of economic boom, especially one that happen prior to a new Admin taking office is partisan.
     
  17. sirbaihu

    sirbaihu Member

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    You mean the spending spree that started after the 2008 crash, which was the conclusion of 8 years of Republican government? Republicans' parting gift to the country! (Oh, and the Iraq war, which was started for no legitimate reason whatsoever: war crimes up the wazoo! Yes it matters, coz that mass grave is one of the holes where Republicans buried my tax dollars and yours.)
     
  18. Bobbythegreat

    Bobbythegreat Member
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    The spending spree that started the second Democrats took control over congress and ended when they lost control. Yeah, that one.
     
  19. sirbaihu

    sirbaihu Member

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    You just want to pretend 2008 didn't happen?
     
  20. Bobbythegreat

    Bobbythegreat Member
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    I'm not sure what you are trying to say here. Are you talking about the housing crisis? You do realize that was something that was coming for a LONG time and isn't really tied to any one political party.....right?

    Even then, if you are foolishly blaming Republicans for a housing bubble....it doesn't explain spending going crazy while there were revenue shortcomings that were predictable.

    I mean, if you instead were talking about wanting to pretend that the country didn't elect a ridiculously free spending congress along with a president that would encourage awful spending....well yeah, I'd love to pretend that didn't happen.
     

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