The Truth About the Trump Budget

evince said:
no you are not you fucking liar



Your ideas are all austrian school and the short bus
Click to expand...

they are both stimuluses in that they both give money back to companies in the hopes that they will spend it on the country.

When Obama gave his stimulus to the auto and banking companies there was no guarantee they would use the funds in country they could set up companies elsewhere with the money that bailout freed up. In fact a lot of banks started their customer service division in Asia at that time. (Cap 1 , Amex, BOA, etc)

The problem with the stimulus is that it is front loaded. The people dont have to do anything anymore once they get that money. You can always reevaluate a tax cut to see if it produces the desired result.
 
Trump's budget is an admission of priorities.

And it draws a real contrast with Democrats. While I think Democrats spend too much in general, at least their heart is in the right place. Trump is increasing defense and cutting basically anything else that actually helps people and that people rely on for basics in their life. And his tax cuts ensure that his budgetary measures won't make much of a dent on our debt - he'll still be passing that responsibility on to future generations.
 
(((GLOBALIST))) said:
We are at full employment. There is absolutely no need to stimulate the economy. It's a waste of money. Tax cuts are a horrible way to stimulate as well since they transfer poorly to aggregate demand. And these tax cuts are not temporary, they are on a permanent basis, so they cannot be called stimulus either. The stimulus bill leveled off.
Click to expand...

then why can't we get to 3%?
TARGETED TAX cuts stimulate spending-whether that's pure Keynesianism or not.

More important is tax reform, and just as important to that is cutting back the enormous regs strangling new business and growth.

Do the last 2, and I'm OK with no tax cuts, but tax cuts do allow for more spending
 
anatta said:
then why can't we get to 3%?
TARGETED TAX cuts stimulate spending-whether that's pure Keynesianism or not.

More important is tax reform, and just as important to that is cutting back the enormous regs strangling new business and growth.

Do the last 2, and I'm OK with no tax cuts, but tax cuts do allow for more spending
Click to expand...

Trump's targeted cuts are classic trickle-down.
 
Thing1 said:
Trump's budget is an admission of priorities.

And it draws a real contrast with Democrats. While I think Democrats spend too much in general, at least their heart is in the right place. Trump is increasing defense and cutting basically anything else that actually helps people and that people rely on for basics in their life. And his tax cuts ensure that his budgetary measures won't make much of a dent on our debt - he'll still be passing that responsibility on to future generations.
Click to expand...

Yet your budget cuts are actually increases. The main difference is in the democrat plan more and more people enter welfare so more and more money is allocated to them. In the Trump plan there is an attempt to get them off welfare.

If it doesnt work then we change it in a couple of years. At its core our debt problem is one of too many people on entitlement. You will not get past that with status quo budgets. New things have to be tried.
 
Thing1 said:
Trump's budget is an admission of priorities.

And it draws a real contrast with Democrats. While I think Democrats spend too much in general, at least their heart is in the right place. Trump is increasing defense and cutting basically anything else that actually helps people and that people rely on for basics in their life. And his tax cuts ensure that his budgetary measures won't make much of a dent on our debt - he'll still be passing that responsibility on to future generations.
Click to expand...
I would never ever talk about the debt if I were an establishment Republican like Bush, or a Democrat like Obama.

Having one's heart in the right place is akin to "the road to hell is paved with good intentions"

Defense spending was cut to dangerous levels because of sequestration-if you want less personnel ( i do )
then you got to stop thinking of a "2 war army".

and the way you do that is stop Cold War 2.0 spending...but that requires dealing w/Russia *oh no! not Putin!*
 
anatta said:
I would never ever talk about the debt if I were an establishment Republican like Bush, or a Democrat like Obama.

Having one's heart in the right place is akin to "the road to hell is paved with good intentions"

Defense spending was cut to dangerous levels because of sequestration-if you want less personnel ( i do )
then you got to stop thinking of a "2 war army".

and the way you do that is stop Cold War 2.0 spending...but that requires dealing w/Russia *oh no! not Putin!*
Click to expand...

Regarding defense. 25% of the budget is for salary. Another 25% is for healthcare for the troops and veterans.

If people want a comparable budget between the US and China or Russia then give the American troop the same salary and healthcare as his chinese counterpart. Except you cant because then he would mutiny.

We get a lot less for our money than other countries and thats ok because the troops spend their money at home. It just means the two figures cant be compared.
 
and its all built on fucking lies


IT NEVER WORKS LIKE YOU LIARS CLAIM IT WILL


it has NEVER done it in history asshole
 
tsuke said:
Regarding defense. 25% of the budget is for salary. Another 25% is for healthcare for the troops and veterans.

If people want a comparable budget between the US and China or Russia then give the American troop the same salary and healthcare as his chinese counterpart. Except you cant because then he would mutiny.

We get a lot less for our money than other countries and thats ok because the troops spend their money at home. It just means the two figures cant be compared.
Click to expand...
there is also foreign bases, and NATO commitments, which are growing exponentially
( European Reassurance Initiative etc.),and will grow more as we have more permanent deployments overseas.

Cut it out.
It's useless,and does not make Europe any more safe..It's just feeding the military industrial complex
to satisfy our Russiaphobia
 
anatta said:
I would never ever talk about the debt if I were an establishment Republican like Bush, or a Democrat like Obama.

Having one's heart in the right place is akin to "the road to hell is paved with good intentions"

Defense spending was cut to dangerous levels because of sequestration-if you want less personnel ( i do )
then you got to stop thinking of a "2 war army".

and the way you do that is stop Cold War 2.0 spending...but that requires dealing w/Russia *oh no! not Putin!*
Click to expand...

You think the investigation is really changing our defense budget?
 
anatta said:
some of it, but there is also simplification and middle class tax cuts
Click to expand...

Trump's tax cuts are by far geared toward the wealthiest in America.

I was actually shocked to see that. They hardly talk about it anymore, but years ago he was talking about the ultra rich paying more taxes to try to bring the debt down. He has completely reversed course on that. Once would almost think he was trying to reward wealthy donors & supporters...something he said he'd be the one candidate that didn't have to do that.
 
Thing1 said:
You think the investigation is really changing our defense budget?
Click to expand...
not yet. But it's clearly fueling the Russiaphobia.
For ex. John McCain said Trump's defense budget was "30 billion short" because it didn't have enough money for fighting Putin ( i assume that meant NATO ).

The more Congress get wrapped up in "Russia is our greatest enemy" the more money will be allocated.
Then we got China's mischievousness to deal with - that means more Navy..etc.
 
anatta said:
not yet. But it's clearly fueling the Russiaphobia.
For ex. John McCain said Trump's defense budget was "30 billion short" because it didn't have enough money for fighting Putin ( i assume that meant NATO ).

The more Congress get wrapped up in "Russia is our greatest enemy" the more money will be allocated.
Then we got China's mischievousness to deal with - that means more Navy..etc.
Click to expand...

You're really stretching it there.

Anatta, we're allowed to investigate Russia's involvement in the election. Even if Trump wasn't involved at all, this is still something that they should look into. I don't see how any reasonable American could disagree w/ that.

What you're suggesting is some sort of "sssssshhhh...it's Russia! We should let them do what they want, lest we start Cold War II!"

It's mind-boggling to me.
 
Thing1 said:
Trump's tax cuts are by far geared toward the wealthiest in America.

I was actually shocked to see that. They hardly talk about it anymore, but years ago he was talking about the ultra rich paying more taxes to try to bring the debt down. He has completely reversed course on that. Once would almost think he was trying to reward wealthy donors & supporters...something he said he'd be the one candidate that didn't have to do that.
Click to expand...
agreed it's too much slanted to supply side,and eliminating the "death tax" is a bad idea.

So Congress both (Dems and Republicans) should work on better targeted tax cuts/simplification/ and deregulation.
None of which will happen because of "the resistance" and cowardly Republicans.

When we are paralyzed we do not get things done. There is a price to pay for gridlock as a strategy
 
You must log in or register to reply here.
Back
Top