Wednesday, December 5, 2018

From the Mouth of the GOP's Leader......

Since the 2016 presidential campaign, Donald Trump’s aides and advisers have tried to convince him of the importance of tackling the national debt.
Sources close to the president say he has repeatedly shrugged it off, implying that he doesn’t have to worry about the money owed to America’s creditors—currently about $21 trillion—because he won’t be around to shoulder the blame when it becomes even more untenable.
The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the national debt in the not-too-distant future. In response, Trump noted that the data suggested the debt would reach a critical mass only after his possible second term in office.
“Yeah, but I won’t be here,” the president bluntly said, according to a source who was in the room when Trump made this comment during discussions on the debt.
SOURCE

It can't get much clearer than the above, tRump quite simply does not care cause he won't be around.

Nuff said!

10 comments:

  1. Of course his 30% base will ignore this just as they do with so much of his asininities. Their attitudes without a doubt mirror their Orange leaders ignorance.

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  2. I guess I could say the same thing. I won't be around to have to worry about it. But I have been worrying about it since Ronald Reagan. The baby Boomers must take the blame. They have been voting for the "NO New Tax" ideology for decades. They have convinced America that Communal Taxation is an evil idea, even though it is the idea that helped build the greatest nation on Earth. It is totally irresponsible for one selfish generation to leave future Americans bankrupt and so few options to fix the problems of America this generation has left them.

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    Replies
    1. So, you must be a GenX or some post baby boom generation. Well, let me say this as a BB member. I never had a problem with paying reasonable taxes to support our nation's interests and those of its people.

      So, send me an e-mail if you would like further clarification.

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    2. I am a Baby Boomer. Boomers have had the voting and business power since Ronald Reagan. They are the majority who have voted for the No New Tax ideology for decades. Of course they refused to cut spending. Typical for the most selfish generation ever in America. I have voted Democratic, who at least were realistic enough to tell Americans taxes would have to be raised to meet spending. Mondale was right.

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  3. I think it is important to note that we don't know if President Trump actually said what he is alleged to have said in the article. We have basically one source, repeated across multiple platforms under the "X is reporting" method of journalism.

    What is fair is to note that the policies he, and the GOP are advocating, essentially that economic growth will take us out of a debtor situation, with also employing tax increases and spending cuts, will not, and have never worked.

    A look at what GHW Bush did in the 90's is a good barometer. He passed, with Democratic votes, a tax increase that cost him his presidency. That tax increase, coupled with some spending restraints, also brought our budget into balance and led to an economic boon. It wasn't economic growth fueled by tax cuts that made that possible at all. it was good sound economic strategy, something in short supply since 2000.

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    Replies
    1. True, while critical, economic growth alone will not take us from a debtor nation to a creditor nation status. However, increasing corporate tax revenue and increasing tax revenue on the wealthy will. In so long as the government controls wasteful spending and corruption that seems to be inherent in our system these days.

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  4. That is the essence of short range thinking.

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    Replies
    1. Short range thinking and strategic planning is the hallmark of the present GOP generally and tRump specifically Jerry. We may have to get used to it.

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  5. tRump today... I'd be PROUD to shutdown the government if I don't get what I want (his Border Wall>.

    It's official, America spawned one of the world's yuuuuugest idiots of all time and then elevated him to the most powerful position in the world 70 years later.

    Great job America... NOT.

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  6. Remember RN... All campaign long, trump said Mexico would pay for the wall.

    Was he lying, or wrong??

    ReplyDelete

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