Or is he going to balloon our deficit? I heard he just wants to print money. Not that I really care. Almost all my assets are non-cash assets. But it hurts the poor. You know, the people who voted for him.
Doubtful. The kind of Republicans he likes are free spending Republicans so I'd expect them to have a lot of say over what is pushed. It'll still be better than we got from the Democrat controlled congress during the Obama years and the last Bush year, but it won't go far enough.
Massive tax cuts and big increases in spending - hello 40 Trillion. Wonder why the Repubs won't shutdown the gov't this time.
Only Obama could get away with literally doubling the national debt in 8 years. Even the most free spending Republican (or someone pretending to be one) would never manage that.
I don't think he will and the fact the the national debt was higher under President Obama under a free spending republican controlled congress it will be much worse.
That's not exactly honest, but I understand how that works around here. Under a congress controlled by the Democratic party we had several years of 1 trillion+ annual deficits, when the free spending Republicans took over, they managed to get it back down under 500 billion dollars a year.....you know, close to where it was before the Democrats took control of congress. You have the fiscally irresponsible party (Republicans) and the really really ridiculously fiscally irresponsible party (Democrats) Sadly you have no alternative.
The end of deficit fetishism for its own sake probably a good thing. Of course, nothing else about this is a good thing, so if I can just point to infinity more good things I'm back to even.
Do you just make stuff up? Reagan nearly tripled the national debt in his 8 years. It increased under 4 years of Bush Sr. by over 50%. Bush Jr. increased it by nearly the same percentage as Obama. In other words, each of the last 3 Presidents were as bad or worse than Obama on that issue. You just didn't seem to care because there was an R by their names. And none started off with nearly as high deficits as Obama - for both Bush Jr and Reagan, annual deficits increased during their terms. In Obama's case, the highest deficit was during the first year with a budget that was already established - it was primarily due to the sudden drop in 2009 revenues due to the 2008 crash.
Your notion of cause and effect is pretty poor. Trump isn't inheriting a severe global economic crisis when he gets sworn in.
No republican president has ever knew anything about budget balancing. For all their talk about big government, they are generally much worse at it than any democrat ever is. If you want a good economy, you need a democratic president and a republican congress. That's the secret sauce.
If you can't balance checkbook, how can you balance budget? If bankruptcy is lifelong pattern..... keep tRUMP away from budget. Dumb people don't get budget. Build That Wall- Ruin That Budget Deport Them All - Ruin That Budget Bomb the ISIS- Ruin That Budget Chinese Proverb: Man who can't balance 2 ideas at same time need to stay far away from budget.
Lol Trump wants to dramatically increase military spending and pass a huge infrastructure bill bigger than any in history while at the same time giving us the lowest tax rates in modern history and making corporate tax rates among the lowest in the world. Sounds like a good way to balance a budget. Oh well, in the mid terms I'm sure all of his voters will be back to the deficits don't matter mantra
