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re: Will we see any balanced budgets/surpluses under Trump's next admin?

Posted on 7/20/24 at 2:24 pm to
Posted by ronricks
Member since Mar 2021
12017 posts
Posted on 7/20/24 at 2:24 pm to
quote:

Orange was spending like crazy and inflation didnt run wild


Because inflation is a lagging indicator you god damn moron

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97721 posts
Posted on 7/20/24 at 2:26 pm to
quote:

Because inflation is a lagging indicator you god damn moron



Yes cause Barry wasnt spending before him
Posted by Ronaldo Burgundiaz
NWA
Member since Jan 2012
6793 posts
Posted on 7/20/24 at 2:35 pm to
No, and this problem is greater than Trump or Biden.

The things that would have to be done to get back to a balanced budget would be WILDLY UNPOPULAR and nobody would get elected on these terms. If someone hid these terms from the public during the campaign trail they would not be re-elected in 4 years.

Cuts to SS
Institution of a VAT tax
Cuts to military (double-edged sword, we need a strong military to run deficits)

This is the reason I am not a believer in 'muh democracy'. No one will vote for what needs to be done. We will need an 'American Caesar' to take full power and knife through the three-letter bureaucracy of the government to avoid huge SS/Medicare cuts.

Some optimistic people think we are on the front end of the 1,000 year 'Turbo America'. This might have been possible in the 90s, but its simply too late now.

I'm a Trump fan and will vote for him. But make no mistake, it doesn't matter who is President today or 20 years from now. A very slow decline is what I see. America will remain the top dog likely for the rest of our lifetimes, but it could have been so much more.
Posted by ronricks
Member since Mar 2021
12017 posts
Posted on 7/20/24 at 2:37 pm to
quote:

Yes cause Barry


You realize Trump spent more money than Barry in a far shorter amount of time? Which in turn gave us……….drumroll……inflation which Biden decided to pour kerosene on and continue the senseless spending. You are the dumbest sycophant cuck on here. You worship a guy that let 5’5 Anthony Fauci run all over him
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 7/20/24 at 2:40 pm to
quote:

Will we see any balanced budgets/surpluses under Trump's next admin?


Probably not

quote:

Looking at his platform and I don't see how we don't continue the annual increase in deficit/debt.


He will probably spend a bit less than Biden, but historically he's been pretty damn good about loosening red tape. Mix that with Chevron and you may easily get some fire going.

While I understand the argument you're making, in our current political climate there is zero shot of anyone that has "extreme views of fiscal responsibility" being elected. Thomas Massie or Rand Paul would be wild picks as VP, much less actually getting a nomination.
This post was edited on 7/20/24 at 2:50 pm
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 7/20/24 at 2:49 pm to
quote:

Will we see any balanced budgets/surpluses under Trump's next admin?


I doubt it.

Trump’s energy policy is key.

Use the price per gallon of gasoline as a proxy. Say we are paying $3.50 per gallon now and Trump policies can knock that down to $2.50 per gallon. That approximately a 30% cut in energy costs. That has a profound and beneficial effect on the economy.

If I’m a pipeline operator and my operations cost is $10 million a year all of a sudden my operations costs reduce to $7 million.

If I’m a steel manufacturer and my energy cost is $30 million per year and then it’s reduced to $20, that’s big savings.

If I’m a truck driver my fuel cost is cut by 30%.

The Democrats want high energy prices so their green agenda can be competitive with fossil fuels. Trump doesn’t give a shite about green energy.

Policies that lower energy cost is the way to sustainable and REAL GDP growth to help dig us out of the fiscal hole.
Posted by bluedragon
Birmingham
Member since May 2020
9493 posts
Posted on 7/20/24 at 2:52 pm to
Because you don’t understand a basic employment report, much less basic economics?



Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476006 posts
Posted on 7/20/24 at 2:56 pm to
quote:

Policies that lower energy cost is the way to sustainable and REAL GDP growth

This will/can happen

quote:

to help dig us out of the fiscal hole.

Sounds great
Won't work

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476006 posts
Posted on 7/20/24 at 2:56 pm to
quote:

Because you don’t understand a basic employment report, much less basic economics?


Posted by David_DJS
Member since Aug 2005
22655 posts
Posted on 7/20/24 at 3:03 pm to
quote:

I doubt it.

Trump’s energy policy is key.

His energy policy will be great for the economy, as you point out.

Trump needs to have the balls to do what he said he'll do. He needs to take on the deep state - eliminate agencies, downsize every f'n thing, even the pentagon. If he doesn't bother doing this, and I mean in a big way, we will be right back where we are today in about 2030.
Posted by DiamondDog
Louisiana
Member since Nov 2019
13212 posts
Posted on 7/20/24 at 3:03 pm to
quote:

Will we see any balanced budgets/surpluses under Trump's next admin?


You know. I know. Everyone else knows. Rand Paul is the only person who is beating this drum on both sides of the aisle.

Don't come in here trying to hold everyone to a standard that has been repeatedly rejected by both sides.

America doesn't want fiscal accountability. It doesn't. Biden doesn't care. I doubt Trump cares, but now to use it to poke Trump is absolutely dishonest.

Do better.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97721 posts
Posted on 7/20/24 at 3:06 pm to
quote:

You realize Trump spent more money than Barry in a far shorter


Exactly and the infaltion rate was the same when he left

Like I said you should probably stick to mens penis sizes
Posted by David_DJS
Member since Aug 2005
22655 posts
Posted on 7/20/24 at 3:08 pm to
quote:


Exactly and the infaltion rate was the same when he left

What fed fiscal years were Trump's?
Posted by Errerrerrwere
Member since Aug 2015
44412 posts
Posted on 7/20/24 at 3:09 pm to
1:13.5 ratio of upvotes to downvotes in an SFP thread

:didnotread:
Posted by Tandemjay
Member since Jun 2022
4639 posts
Posted on 7/20/24 at 3:09 pm to
With 10 million new illegal aliens that Johnson gave a pass on the budget talks earlier this year, no. There will never be a balance or surplus again, all those aliens are public assistance.
Posted by ronricks
Member since Mar 2021
12017 posts
Posted on 7/20/24 at 3:10 pm to
quote:

Exactly and the infaltion rate was the same when he left



You don’t understand how inflation works. I’d suggest sitting this one out. Donald Trump is the one who kickstarted the inflation with ridiculous unneeded out of control Socialist policies and spending.
Posted by DiamondDog
Louisiana
Member since Nov 2019
13212 posts
Posted on 7/20/24 at 3:11 pm to
The problem is he is intellectually dishonest. He fits in well with the Dems.

Dig a hole. Stake your position. Defend a quarter of the battlefield. Get blown up from behind on simple policy facts. Continue to argue like hell while getting ran over by a tank of facts.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97721 posts
Posted on 7/20/24 at 3:13 pm to
quote:

You don’t understand how inflation works


Neither do you. Stick to obsessing over Bill Bs dong
Posted by OccamsStubble
Member since Aug 2019
9991 posts
Posted on 7/20/24 at 3:14 pm to
quote:

Growing economy cures all.


Math, let’s talk just 1 of those 25 Trillion:

There are 1 million seconds in 11.5 days. A trillion seconds is about 32,000 years.
If you could say one number every second, it would take about 11.5 million days to count to 1 trillion.
If you had spent $1 million every day since the birth of Christ, you still wouldn't have spent $1 trillion.
If you line up dollar bills end-to-end, you could go to the moon and back around 203 times with $1 trillion. You could wrap them around the earth about 3,893 times.
If you stacked up 1 trillion dollar bills, the dollar tower would rise to 67,866 miles.
One trillion grains of rice would weigh about 20,000 metric tons.
This post was edited on 7/20/24 at 3:16 pm
Posted by Errerrerrwere
Member since Aug 2015
44412 posts
Posted on 7/20/24 at 3:18 pm to
quote:

The problem is he is intellectually dishonest. He fits in well with the Dems. Dig a hole. Stake your position. Defend a quarter of the battlefield. Get blown up from behind on simple policy facts. Continue to argue like hell while getting ran over by a tank of facts.


He’s Buckeye 2.0. Just smarter because Buckeye is just a fricking retard!
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