TRUMP’S BUDGET REALLY COULD MAKE AMERICA GREAT AGAIN.
WILL CONGRESS ALLOW HIM TO DO IT?
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Most presidents’ budgets are “dead on arrival” in Congress. It happened to Obama and Bush, and there are those who hope it happens to President Donald Trump.
That would be a huge mistake.
President Trump is submitting a budget that balances in ten years, making many of the tough choices to get the nation’s finances back on track without touching Social Security or making changes to Medicare beyond rooting out fraud.
Every GOP Member of Congress ran on limiting the size and scope of government, and bemoaning the ever-increasing national debt and the impact it will have on our children’s economic future must be part of Republican candidate training schools.
The truth is that in spite of all the political rhetoric, the Obama presidency, with the agreement of Congress, has left our nation $20 trillion in debt with $500 billion-plus annual deficits for as far as the eye can see. Interest due on the $20 trillion amounts to almost $500 billion annually in interest payments alone, and if left unchecked, those payments are projected to top $1 trillion within the next ten years.
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With all due respect I find it difficult to believe that balancing the budget in 10 years will make us great again.
The "Greatest Generation" was a product of thrift learned in the Great Depression and manufacturing dominance resulting from the rest of the world being either torched from the second world war or not having fully industrialized.
It's gonna take more than what any one man and congress can do to fix the harsh reality we're facing.
Please have a look at the interest rate article I posted earlier, I think it may help clarify some external factors that outweigh the effects of Trump's budget alone. Steem on though, bro.
The only way Trump is going to fix the US economy is to take a wrecking ball to the size of the government and all their spending. Then use the money saved to start paying down the monstrous debt, then in about 50 years the economy might be fixed. IMO
he's trying to do just that.
the media and congress are digging in their heels.
they want nothing of it.
Please check out the documentary called The End of the Road: When Money Became Worthless. It's essentially impossible to pay off debt borrowed from a private central bank (Federal Reserve) when accruing interest. The entire monetary system must be scrapped, the government 'swamp draining' alone is merely a talking point to distract us from the main antagonists.
it doesn't have to be scrapped...just bypassed and ignored.
have you ever heard of the blockChain?
Have you ever heard of reality?
Trump should buy bitcoin with it and replace all the fiat money.
Presidential budgets are rarely, if ever, approved. In this case, the RINOs in the GOP will shut Trump down - he has already shone that he lacks the stones to shut the system down, and that is all the elites really needed to know.
what's the advantage of crashing the system?
seems suicidal.
If by 'crashing the system' you mean refusing to approve yet another massive spending bill and thus "shutting the government down," it is the only means either the President or the House has to control government spending. The reality, of course, is that the government doesn't "shut down." Checks continue being written, the military continues doing its job, etc...the only thing that really shuts down are public services, like access to national parks, and even they are only shut down to pressure the public into doing this or that. In the current instance, Trump is said to have really hated the CR passed by Congress, but Speaker Boehner talked him into signing it...from my perspective, that was both sad and stupid...sooner or later, the fiat currency madness will collapse the system, and I had hoped Trump at least had the balls to send a strong message to the American people that "enough is enough." Here's a classic example of "fuck the public, spend spend spend: Democrats: We Need to Raise Domestic Spending Caps --no, you morons, we need to STOP raising the debt limit and live within our means.
Speaker Boehner
(ahem)
There's a reason why France is on it's 4th Republic, why the Roman and Greek Republics fell --- the American Republic is also likely to fail. The private central banking stranglehold on our currency enables the government to spend beyond its means and drive we common folk beneath our means. We definitely need a monetary reset to rid the chokehold of financial elites who run the show behind the scenes. It isn't suicidal, it's a return to sound monetary policy; returning currency making powers to the government and out of the hands of privately held corporations to whom the interest on every dollar created into existence has wrongly been owed starting in 1913.
what do you mean 'american republic'
didn't that fall with the Civil War?
Nope. That's merely unverified conjecture.
Thanks for great news
Trump budget adds to the deficit! This is no secret and you seem to have left out how he wants to add to an already absurd military budget? Sorry to say @everittdmickey but kind of makes this post Neocon "rhetoric"
What's neocon 'rhetoric'...are you off your meds again?
now tell my how a multi-trillion budget CUT and add to the budget?
His budget for next year adds to the deficit! Do you check anything about Trump or just watch Fox News?
read the wapo do you?
totally unbaised source there.
be that as it may...ASSume you are correct.
So...you are arguing for an even larger budget cut?
sounds good to me.
@everittdmickey Adding to a military budget that already spends more then the next 9 highest spending Nations combine is moronic no? Calling out Hillary for Goldman Sachs and then adding 6 Goldman Sachs to high positions in your cabinet not moronic as well? Maybe just hypocritical (which Trump and Hillary have no problems being what so ever)
NOT. THE. POINT!
he wants to cut the budget.
GOOD!
Do you disagree on that or not?
and why should you care?
you're canadian?
@everittdmickey POINT IS he's adding to the budget in MILITARY SPENDING! Why do you keep ignoring this FACT? Are you going all SNOWFLAKE on me because of facts? How are you any different from a Obama or Hillary supporter then?
the point IS...he's trying to decrease the budget.
do you have a problem with that?
and I repeat...are you a canadian?
I think the crash is inevitable , its just a choice between crash landing or the absolute disaster
as in all market crashes...there as some who parachute to safety..