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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (33480)9/7/2017 12:57:13 PM
From: i-node  Respond to of 363071
 
The analysis of deficits & the resultant debt by president is a truly difficult thing to do. No one I know of has done it competently.

Imagine the outrage when people look at the first Trump deficit. He is the first president in ages to actually cut spending, yet when the deficit is almost assuredly will have gone up more than originally projected because of the the Texas disaster (which is gonna cost well more than 200 Billion, surely) and now this other storm which could turn into as many as three sequential hurricanes perhaps hitting Florida, one a Category 5! (No telling what that costs).

And so many of the current president's costs are always determined by one, two or more presidents back.

It is futile, almost, unless you have something like "The Stimulus" or "ACA" which clearly were partisan and have huge costs associated with them.



To: TimF who wrote (33480)9/7/2017 9:24:25 PM
From: zzpat  Read Replies (1) | Respond to of 363071
 
You may recall that Democrats wanted a "lockbox" for Social Security so that money couldn't be spent on wars or tax cuts. The media scoffed at the idea because the media is run by profit driven corporations that wanted more free money (tax cuts).

The future is unknown so I don't spend a lot of time fretting about what might happen. The debt is real and there's nothing we can do to undo it. Historians will blame tax cuts for our demise.

If we got rid of the republican party (as one solution) there would be no more tax cuts and Dems could begin the long process of raising taxes and fixing our social programs.

I'd remind you that around 80% of the people who work for Wal Mart are on government programs. This is what happens when businesses refuse to raise wages. Wal Mart has increased wages finally so we don't know yet how many are still on welfare but it's bad businesses that are creating a huge chunk of the problem.

Taxpayers can't subsidize them forever.