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Trumps Economic Plan

 
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  #1  
Old 06-27-2016, 05:27 PM
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Default Trumps Economic Plan

equals disaster.

Trump’s Economic Plan Would Be a Disaster for the US Economy: Moody’s | The Fiscal Times
  #2  
Old 06-27-2016, 06:35 PM
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"Trump’s plan includes a deep cut to income taxes, which would primarily benefit the very wealthy, elimination of the inheritance tax, and the elimination of a tax on investments of the very wealthy."

I did the math. When you add up the collected wealth of all US Presidents in 2010 dollars it's much, much less than Trump. He's looking out for the little guy. sure
  #3  
Old 06-27-2016, 06:43 PM
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I'm open to any economic plan OTHER THAN Obama's. We've seen how that doubled the national debt. I doubt Trumps final debt would be $40 Trillion, so anything would be an improvement.
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Old 06-27-2016, 07:25 PM
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I'm open to any economic plan OTHER THAN Obama's. We've seen how that doubled the national debt. I doubt Trumps final debt would be $40 Trillion, so anything would be an improvement.
When Clinton was president we had a surplus? Why?
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Old 06-27-2016, 08:53 PM
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When Clinton was president we had a surplus? Why?
Answer: Smaller government, less government spending and a larger tax base.
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Old 06-28-2016, 03:08 AM
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When Clinton was president we had a surplus? Why?
We did NOT have a surplus during Clinton's years. But, when the budget was looking good, it came from a Republican majority congress, if that says anything. But, there was no surplus, or the national debt would have been paid down. The national debt has not been paid down since Eisenhower, a Republican was president.
  #7  
Old 06-28-2016, 06:02 AM
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I'm open to any economic plan OTHER THAN Obama's. We've seen how that doubled the national debt. I doubt Trumps final debt would be $40 Trillion, so anything would be an improvement.
"I doubt Trumps final debt would be $40 Trillion"

You doubt, you are what I call an intelligent repub voter. Just go in and pull the all repub lever. You doubt, pathetic. Where did you fact check the "you doubt" LOL
  #8  
Old 06-28-2016, 06:16 AM
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We did NOT have a surplus during Clinton's years. But, when the budget was looking good, it came from a Republican majority congress, if that says anything. But, there was no surplus, or the national debt would have been paid down. The national debt has not been paid down since Eisenhower, a Republican was president.
That's wrong. It was paid down during the Clinton Administration. Not to zero, but paid down.
Look it up.
  #9  
Old 06-28-2016, 06:36 AM
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That's wrong. It was paid down during the Clinton Administration. Not to zero, but paid down.
Look it up.
I DID look it up and it has not been paid down since Eisenhower. Apparently, you are too lazy to do your research or you would know better than to trust liberal talking points.

The national debt has not been paid down since 1957.

TreasuryDirect - Home
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Old 06-28-2016, 06:37 AM
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Quote:
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I'm open to any economic plan OTHER THAN Obama's. We've seen how that doubled the national debt. I doubt Trumps final debt would be $40 Trillion, so anything would be an improvement.
Quote:
Originally Posted by Guest View Post
When Clinton was president we had a surplus? Why?
Quote:
Originally Posted by Guest View Post
Answer: Smaller government, less government spending and a larger tax base.
Quote:
Originally Posted by Guest View Post
We did NOT have a surplus during Clinton's years. But, when the budget was looking good, it came from a Republican majority congress, if that says anything. But, there was no surplus, or the national debt would have been paid down. The national debt has not been paid down since Eisenhower, a Republican was president.
The REAL answer to Clinton's "budget miracle" was his looting of the SS trust fund. THAT is where the "extra" money came from to pay for everything. There was NO budget surplus, the federal debt went up EVERY year.

Stop believing the lies, the propaganda. The BEST thing you can do is turn off the TV and stop reading the newspapers. Lies and propaganda. And STOP voting for "their guys", the Ds and Rs.
  #11  
Old 06-28-2016, 07:14 AM
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I DID look it up and it has not been paid down since Eisenhower. Apparently, you are too lazy to do your research or you would know better than to trust liberal talking points.

The national debt has not been paid down since 1957.

TreasuryDirect - Home
It will take a little reading but here it is. I have posted this before.

The Budget and Deficit Under Clinton


"Some readers wrote to us saying we should have made clear the difference between the federal deficit and the federal debt. A deficit occurs when the government takes in less money than it spends in a given year. The debt is the total amount the government owes at any given time. So the debt goes up in any given year by the amount of the deficit, or it decreases by the amount of any surplus. The debt the government owes to the public decreased for a while under Clinton, but the debt was by no means erased."
  #12  
Old 06-28-2016, 07:36 AM
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It will take a little reading but here it is. I have posted this before.

The Budget and Deficit Under Clinton


"Some readers wrote to us saying we should have made clear the difference between the federal deficit and the federal debt. A deficit occurs when the government takes in less money than it spends in a given year. The debt is the total amount the government owes at any given time. So the debt goes up in any given year by the amount of the deficit, or it decreases by the amount of any surplus. The debt the government owes to the public decreased for a while under Clinton, but the debt was by no means erased."
Wrong! Since you are so adamant about this and refuse to do research, I have done the work for you. Below is GOVERNMENT figures showing the national debt during Clinton's years as president. Do you see ANY year where it went down? If not, then it was not paid down.

Government - Historical Debt Outstanding – Annual
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
  #13  
Old 06-28-2016, 07:40 AM
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Wrong! Since you are so adamant about this and refuse to do research, I have done the work for you.
I gave you a link. Can't you click on it and read it? It's got a chart. You could print it out on a black and white printer and color it in. Maybe stare at it all day.
  #14  
Old 06-28-2016, 07:54 AM
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It will take a little reading but here it is. I have posted this before.

The Budget and Deficit Under Clinton


"Some readers wrote to us saying we should have made clear the difference between the federal deficit and the federal debt. A deficit occurs when the government takes in less money than it spends in a given year. The debt is the total amount the government owes at any given time. So the debt goes up in any given year by the amount of the deficit, or it decreases by the amount of any surplus. The debt the government owes to the public decreased for a while under Clinton, but the debt was by no means erased."
You obviously do not know the difference between the budget and the national debt, even after you read it and copied it to your post.
Anyone can make a budget. It's just figures on a piece of paper. You either stay within your budget or you don't. The national debt is how much money the government OWES.
Example:

Let's say, I owe $400 in credit card debt. I decide that I will budget my earnings and not borrow anymore on my credit card. I manage not to use my credit card for a year but I still owe money on my debt because I did not have enough left over after paying my bills to pay down on the loan. That means, I made a balanced budget but did not pay down on my household credit debt. Paying the interest on my credit card, does not pay the debt off. If, on the other hand, I find that I can not survive on my the budget of my earnings and have to borrow to survive, I have a budget deficit. Because I have to pay out more money than I take in.

The national debt is how much money we owe, and it has gone up every year since Eisenhower. That means that America has spent more money than it has taken in by revenues, or the interest rate that we have accumulated during the year added on to the total national debt. Either way, the national debt has NOT been paid down if it has gone up every year.

I don't know how you do your math, but if I have the numbers from the Treasury, then that pretty much proves my point.
  #15  
Old 06-28-2016, 07:57 AM
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I gave you a link. Can't you click on it and read it? It's got a chart. You could print it out on a black and white printer and color it in. Maybe stare at it all day.
I read you article, and it does NOT prove your statement. The difference is apples and oranges. Your article is about the budget and my statement is about the national debt. It is not my problem that you do not know the difference. I realize that some folks never had a civics class or American government course in their education, but I can't make it any simpler for you.
 

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