An Unexpected $12 Trillion Hole Emerges In Donald Trump's Plan To "Make America Great Again"

[scm]

Today the question of where the funding will come to sponsor Trump's ambitious plan to "Make America Great" again and reform America's tax code so that both the economy and inflation areshaken higher, is starting to emerge loud and center, and in an unexpected twist, a bit hurdle may have emerged. As Goldman writes in a research report overnight, strategist Alec Phillips writes that while "there is substantial support in Congress for proposals to cut taxes and reform the tax code and that there is likely to be sufficient support to enact a modest infrastructure package, perhaps combined with tax reform", Goldman's impression "is that market expectations of quick fiscal expansion may be running ahead of political and legislative realities."

http://www.zerohedge.com/news/2016-11-17/unexpected-12-trillion-hole-emerges-donald-trumps-plan-boost-economy

[tod evans]

There's only one answer, fire all the alphabet agencies employees including the janitors.

[JK/SEA]

WHAT!!...

i heard Wolf Blitzer say Trump will fix everything in a few weeks....

is it too late to change my vote?...

[CPUd]

In all fairness, people were pointing this out a year ago during the primaries. Mostly, the voters didn't give a fuck.

[scm]

In all fairness, people were pointing this out a year ago during the primaries. Mostly, the voters didn't give a fuck.
http://www.ronpaulforums.com/showthread.php?503716-GLOBALISTS-TO-ATTACK-TRUMP-WITH-ECONOMIC-COLLAPSE

in ALL FAIRNESS Ron Paul has been talking about this for a lot longer. 30 years or so. He even talked about REAL solutions, but hey, FUCK those, THUMPs gonna #MAGA by printing more $$$

[Root]

Why don't they just print more money?

[juleswin]

Why don't they just print more money?

12 $12 trillion dollar coins is all that is needed. The way I see it, every president has doubled the US debt in 8 yrs since Bush, so if Trump only increases the debt by $12 trillion instead of $20 trillion like is expected while making America great again, then he has done more than Bush and Obama combined.

[Zippyjuan]

$12 trillion is only the projected impact of his tax cuts. It does not include his massive spending "stimulus" proposals. (debt under Obama has increased less than $10 trillion in eight years). Add a few more $trillions and he too could double the debt if he gets what he wants.

[mrsat_98]

There's only one answer, fire all the alphabet agencies employees including the janitors.

Can't fire the janitors, who will clean up the mess for disemboweling the _________ fill in the blank.

[tod evans]

Can't fire the janitors, who will clean up the mess for disemboweling the _________ fill in the blank.

Let 'em rot.

[fedupinmo]

$12 trillion is only the projected impact of his tax cuts. It does not include his massive spending "stimulus" proposals. (debt under Obama has increased less than $10 trillion in eight years). Add a few more $trillions and he too could double the debt if he gets what he wants.

Sis, boom, bah indeed.

[Dr.No.]

Federal deficits are private savings. Deficit spending at this point should go towards hiring those unemployed and underemployed people in the system.

[Danke]

(debt under Obama has increased less than $10 trillion in eight years).

https://imgflip.com/s/meme/Grandma-Finds-The-Internet.jpg

The shit liberals post on the Internet.

[DamianTV]

I see two potential solutions:

#1 - Bill Mexico

or...

#2 - Spend LESS

[The Gold Standard]

Federal deficits are private savings. Deficit spending at this point should go towards hiring those unemployed and underemployed people in the system.

They tried that. It doesn't work like your textbook says in the real world.

[The Gold Standard]

And why is this unexpected? His platform was always to run up massive debt. Hell, that's his business model.

[Dr.No.]

They tried that. It doesn't work like your textbook says in the real world. Really? Obama added over a trillion to private savings, thanks to his high deficit spending. Oddly enough, all those additions kind of tapered off in 2012...because Obama returned to modest budget levels.

[TheTexan]

is it too late to change my vote?...

Yes. Your vote is eternal. It will echo throughout the ages.

It is your Legacy.

[Zippyjuan]

Really? Obama added over a trillion to private savings, thanks to his high deficit spending. Oddly enough, all those additions kind of tapered off in 2012...because Obama returned to modest budget levels.

Congress writes the budgets. Spending under Obama hardly grew due to the stalemate in Congress which made it difficult to pass anything.

Interesting charts:

http://b-i.forbesimg.com/rickungar/files/2013/10/MW-AR658_spendi_20120521163312_ME11.jpg
(Obama took office in 2009 but the first budget passed while he was president was for fiscal 2010)

https://img.washingtonpost.com/wp-apps/imrs.php?src=https://img.washingtonpost.com/blogs/the-fix/files/2015/01/BO_percchange.png&w=1484

[Dr.No.]

Congress writes the budgets. Spending under Obama hardly grew due to the stalemate in Congress which made it difficult to pass anything.

Interesting charts:

http://b-i.forbesimg.com/rickungar/files/2013/10/MW-AR658_spendi_20120521163312_ME11.jpg
(Obama took office in 2009 but the first budget passed while he was president was for fiscal 2010)

https://img.washingtonpost.com/wp-apps/imrs.php?src=https://img.washingtonpost.com/blogs/the-fix/files/2015/01/BO_percchange.png&w=1484

You really don't understand what I'm talking about, do you? You see the words "Obama" and "deficit", and the preprogrammed post comes out.

[misterx]

http://www.ronpaulforums.com/showthread.php?503716-GLOBALISTS-TO-ATTACK-TRUMP-WITH-ECONOMIC-COLLAPSE

in ALL FAIRNESS Ron Paul has been talking about this for a lot longer. 30 years or so. He even talked about REAL solutions, but hey, $#@! those, THUMPs gonna #MAGA by printing more $$$

At this point that's the only thing to do. It's too late for fiscal responsibility. It's time to go out in one big orgy of spending before it all comes crashing down.