Current Events > Trump on raising national debt: "I won't be here when it blows up"

(+) Yeah! (+)

https://www.thedailybeast.com/trump-on-coming-debt-crisis-i-wont-be-here-when-it-blows-up

MAGA!

Since the 2016 presidential campaign, Donald Trumps aides and advisers have tried to convince him of the importance of tackling the national debt.

Sources close to the president say he has repeatedly shrugged it off, implying that he doesnt have to worry about the money owed to Americas creditorscurrently about $21 trillionbecause he wont be around to shoulder the blame when it becomes even more untenable.

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a hockey stick spike in the national debt in the not-too-distant future. In response, Trump noted that the data suggested the debt would reach a critical mass only after his possible second term in office.

Yeah, but I wont be here, the president bluntly said, according to a source who was in the room when Trump made this comment during discussions on the debt.

The episode illustrates the extent of the presidents ambivalence towards tackling an issue that has previously animated the Republican Party from the days of Ronald Reagan to the presidency of Barack Obama.

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Ambience posted...

Yeah, but I wont be here, the president bluntly said, according to a source who was in the room when Trump made this comment during discussions on the debt.

literally what we've joked about republicans saying for decades and his orange dumbass actually says it.

HOLY SHIT
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spudger posted...

Ambience posted...

Yeah, but I wont be here, the president bluntly said, according to a source who was in the room when Trump made this comment during discussions on the debt.

literally what we've joked about republicans saying for decades and his orange dumbass actually says it.

HOLY SHIT

What joke? Thats always been the truth. People just laugh because its so fucking pathetic.
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Yeah if he keeps eating McDonalds daily he'll probably be dead.
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It shouldn't be a real quote

but it is
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That's basically the Republican strategy. While they're in power, they implement policies that are basically time bombs that will cause major problems a few years down the line, which they conveniently blame on Democrats. And people fall for it every fucking time.
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CircleOfManias posted...

That's basically the Republican strategy. While they're in power, they implement policies that are basically time bombs that will cause major problems a few years down the line, which they conveniently blame on Democrats. And people fall for it every fucking time.

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CircleOfManias posted...

That's basically the Republican strategy. While they're in power, they implement policies that are basically time bombs that will cause major problems a few years down the line, which they conveniently blame on Democrats. And people fall for it every fucking time.

yeah its amazing how stupid their base really are.
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LMFAO. he's not wrong
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CircleOfManias posted...

That's basically the Republican strategy. While they're in power, they implement policies that are basically time bombs that will cause major problems a few years down the line, which they conveniently blame on Democrats. And people fall for it every fucking time.

Right, but it's rare we have someone just come out and admit it. One positive of having a president who is an utter moron is transparency, even if not intentional.
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CircleOfManias posted...

That's basically the Republican strategy. While they're in power, they implement policies that are basically time bombs that will cause major problems a few years down the line, which they conveniently blame on Democrats. And people fall for it every fucking time.

Okay.
Now, point out the budget hawks in the Democratic Party, please.

Questionmarktarius posted...

CircleOfManias posted...

That's basically the Republican strategy. While they're in power, they implement policies that are basically time bombs that will cause major problems a few years down the line, which they conveniently blame on Democrats. And people fall for it every fucking time.

Okay.
Now, point out the budget hawks in the Democratic Party, please.

Aww someone's upset they critized his party he wanted to deflect.
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Questionmarktarius posted...

Now, point out the budget hawks in the Democratic Party, please.

I mean of the last two Dem presidents one cut the deficit by a pretty large amount, and the other balanced the budget.

You'd have a harder time finding deficit hawks in the Democratic Party though, I'll agree. But still it's hard to argue with results *shrug*
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Doom_Art posted...

Questionmarktarius posted...

Now, point out the budget hawks in the Democratic Party, please.

I mean of the last two Dem presidents one cut the deficit by a pretty large amount, and the other balanced the budget.

You'd have a harder time finding deficit hawks in the Democratic Party though, I'll agree. But still it's hard to argue with results *shrug*

The tl;dr of the US government, for a rather long time:
"My side is doing awful things for reasons I like. Your side does awful things for reasons I don't like."

We really need a Balanced Budget Amendment, badly, and not one that can be ignored by perpetually declaring an "emergency".

Questionmarktarius posted...

Now, point out the budget hawks in the Democratic Party, please.

barrack hussein obama
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Questionmarktarius posted...

We really need a Balanced Budget Amendment

That'd be a stupid-ass thing, because there's many instances where spending lots is required.
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That's the motto of the American Conservative so it doesn't surprise me.

They don't give a shit about the environment, the economy, young people and their education, etc... because they'll be too busy retiring and playing golf.

Doom_Art posted...

Questionmarktarius posted...

We really need a Balanced Budget Amendment

That'd be a stupid-ass thing, because there's many instances where spending lots is required.

also we'd have to raise taxes to pass it and the GOP has already pledged loyalty to grover norquist on that subject
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Doom_Art posted...

Questionmarktarius posted...

We really need a Balanced Budget Amendment

That'd be a stupid-ass thing, because there's many instances where spending lots is required.

"Austerity" is not a four-letter-word.
There's nine letters in it.

Questionmarktarius posted...

Doom_Art posted...

Questionmarktarius posted...

We really need a Balanced Budget Amendment

That'd be a stupid-ass thing, because there's many instances where spending lots is required.

"Austerity" is not a four-letter-word.
There's nine letters in it.

Austerity doesn't actually work, all it does is fuck over the poor for no actual benefit.
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CircleOfManias posted...

Austerity doesn't actually work, all it does is fuck over the poor for no actual benefit.

Yep

Ask Europe how austerity after 2008 went
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or the IMF concluding austerity policies don't work
https://www.theguardian.com/business/2016/may/27/austerity-policies-do-more-harm-than-good-imf-study-concludes
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prince_leo posted...

or the IMF concluding austerity policies don't work
https://www.theguardian.com/business/2016/may/27/austerity-policies-do-more-harm-than-good-imf-study-concludes

Too bad the proposed alternative is "kick the can"

In the case of fiscal consolidation, the short-run costs in terms of lower output and welfare and higher unemployment have been underplayed, and the desirability for countries with ample fiscal space of simply living with high debt and allowing debt ratios to decline organically through growth is underappreciated.