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Trump: I will eliminate U.S. debt in 8 years

By rd6B follow rd6B   2019 Jun 23, 8:28am 717 views   9 comments   watch   nsfw   quote   share    


https://thehill.com/blogs/ballot-box/presidential-races/275003-trump-i-will-eliminate-us-debt-in-8-years

Donald Trump insists he would be able to wipe out the United States’s debt in eight years.

The Republican presidential front-runner said in a wide-ranging interview with The Washington Post that he’d be able to get rid of the more than $19 trillion debt “over a period of eight years.”
1   Tim Aurora   ignore (1)   2019 Jun 23, 10:07am     ↓ dislike (0)   quote   flag        

And so far, how are we doing on that. Not good , I reckon
2   Tenpoundbass   ignore (15)   2019 Jun 23, 10:13am     ↓ dislike (0)   quote   flag        

Tim Aurora says
And so far, how are we doing on that. Not good , I reckon

For ever billion he wipes out the Liberals create a trillion. He kicks problems out, Liberals caravan them back in.
That's how it's working out. Trump's long term plan would address the traitors and the illegals.
3   TrumpingTits   ignore (3)   2019 Jun 23, 11:56am     ↓ dislike (0)   quote   flag        

US government is sitting on an estimated $120 TRILLION in assets. Mostly land, but also a lot of commercial buildings, entire power authorities, etc.

So all they would have to do is sell off about $25 trillion worth (and this doesn't even cover just leasing it out, which would generate even more money over time) over a period of about 7 or 8 years (you wouldn't want to dump it all at once) and the entire national debt, plus the unfunded liabilities like social security and medicare would be covered.

Dunno if The Donald is talking about that or not, but it is quite possible to do. It would just never occur to the establishment political swampers in DC.
4   HEYYOU   ignore (44)   2019 Jun 23, 12:11pm     ↓ dislike (0)   quote   flag        

Now that the Wall is finished,35% tariffs on Communist China, farmers getting $Billions in Trump/Rep/Con handouts, infrastructure problems repaired for the next 50 years & America has cheaper,better Trumpcare the debt should be easy to solve.
5   rd6B   ignore (1)   2019 Jun 23, 5:28pm     ↓ dislike (0)   quote   flag        

Tim Aurora says
Not good , I reckon

That is the point
6   rd6B   ignore (1)   2019 Jun 23, 5:30pm     ↓ dislike (0)   quote   flag        

Tenpoundbass says
For ever billion he wipes out the Liberals create a trillion. He kicks problems out, Liberals caravan them back in.
That's how it's working out. Trump's long term plan would address the traitors and the illegals.

Sadly, Donald appears to be a borrow-and-spend politician like nearly all of them.
7   rdm   ignore (3)   2019 Jun 23, 7:47pm     ↓ dislike (1)   quote   flag        

Promises made, promises not kept. Did anyone in their right mind actually expect this promise to be kept?

Not only is the debt not been retired, it is fast increasing as the deficit grows under the Republican tax cuts and increased military and domestic spending incurred since he took office.This is not all Trump's fault of course but the self named "king of debt" seems to be living up to his name and doesn't really give a shit, does he?
8   rdm   ignore (3)   2019 Jun 23, 8:07pm     ↓ dislike (0)   quote   flag        

The "stable genius" and historian...

Donald J. Trump

@realDonaldTrump
When our Country had no debt and built everything from Highways to the Military with CASH, we had a big system of Tariffs. Now we allow other countries to steal our wealth, treasure, and jobs - But no more! The USA is doing great, with unlimited upside into the future!


"It takes only a minute of simple research to find out that this entire tweet is wrong, even the words “and” and “the.”

In reality, the United States has carried a national debt since its very first days as a country, except for one year, 1835, when Andrew Jackson paid the entire debt by selling off massive amounts of Western land and vetoing public infrastructure projects like a national highway system. By January 1836, the US was carrying a debt again and it has never gone away.

President Eisenhower paid for the Federal-Aid Highway Act of 1956 without increasing the debt by imposing gas and vehicle taxes, but in that year the national debt stood at $273 billion.

And just to top off this Trumpist layer cake of fantasy history, it should also be noted that Trump’s enormous tax cuts for the super-rich have added more than two trillion dollars to the national debt. That’s “trillion” with a T, as in Trump."
http://littlegreenfootballs.com/article/49099_Donald_Trumps_Imaginary_History_of_the_National_Debt
9   APOCALYPSEFUCKisShostikovitch   ignore (49)   2019 Jun 23, 11:29pm     ↓ dislike (0)   quote   flag        

He'll cure cancer just by sucking Putin's dick harder, too.

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