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Thread: The Deficit
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Old 02-09-2018, 02:56 PM   #57
Clocker
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Join Date: Jul 2013
Posts: 17,095
Quote:
Originally Posted by lamboguy View Post
you got to love Trump. he is the right man for this job because of his vast experience with bankruptcies.
Great. He lost a lot of other people's money and came out smelling like a rose.

Quote:
if the economy takes off we can put a good dent into the debt, if it doesn't (that would be my guess) we owe more and we go into plan b and just not pay what is owed.
If the economy takes off, we might be lucky enough to put a good dent in the annual deficit that the tax cut just created. The debt will continue to increase, but maybe at a little slower rate.

Plan B for Trump, as for all politicians, is to kick the can down the road, retire fat and happy, and let the next guy or the next generation deal with it. Two primary rules of politics: never let the bill come due while you are still in office, and always blame it on the other party.
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