Predicting the political extinction of the species better known as the Trumpanzee...
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OFFICIAL: Donald Trump thread.
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Originally posted by 1bad65 View PostThe superfans are now suddenly concerned with the deficit???
After they said NOTHING over 8 years while Obama doubled the national debt.
Lmfao!!!
Cheer on guys. Cheer that team on.
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Originally posted by Don Pichardo View Postit would. don't see that happening. that said. I didn't see him winning either... we shall see I suppose.
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NEW THIS AFTERNOON with @dnvolz and @shelbyholliday: Republican activist Peter Smith met with Michael Flynn in 2015, and told associates he was using Flynn's connections as part of his quest to find Hillary's emails. https://t.co/oUkrQkG2d6
— Byron Tau (@ByronTau) October 10, 2018
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Originally posted by Vlad_ View PostTo the clowns here who talk about Trump adding to the deficit. Look at where most of this money is going. Military. After Hoebama near destroyed the US military, Trump has to rebuild it again.
And unlike Hoebama, Trump isn't starting any wars either. Trump is using money to fix what Hoebama effed up.
It also needs to spend massive amounts of money on other areas as well (e.g. infrastructure, healthcare & education).
Budget deficits are not always bad e.g. there are times when they are necessary to stimulate the economy when times are slow
The problem facing the US going forward is that the deficit is completely out of control during a boom whereas now is the time that it should be reigned in
What's more, Trump will inevitably keep priming the pump in an attempt to keep things going as he mistakenly defines economic success by the Dow & GDP
The result will be higher interest rates and an economic freefall some time in the future
The fall in the Dow today was a warning but I have no doubt that it will recover in the short term
At a later point, it won't
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Originally posted by Tomjas View PostYou're correct in saying that the US military needed additional funding (and lots of it)
It also needs to spend massive amounts of money on other areas as well (e.g. infrastructure, healthcare & education).
Budget deficits are not always bad e.g. there are times when they are necessary to stimulate the economy when times are slow
The problem facing the US going forward is that the deficit is completely out of control during a boom whereas now is the time that it should be reigned in
What's more, Trump will inevitably keep priming the pump in an attempt to keep things going as he mistakenly defines economic success by the Dow & GDP
The result will be higher interest rates and an economic freefall some time in the future
The fall in the Dow today was a warning but I have no doubt that it will recover in the short term
At a later point, it won't
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