He did backtrack a little:
Since more than 65% of the national debt is owed to Americans, and 16% of the debt is owed to Social Security, I wonder how retirees will react when their Social Security checks are slashed? Don’t most retirees tend to vote Republican? They can’t say, ‘Well I didn’t vote to cut my government money!’
:smack:
And here we see the best answer to the question “Why can’t we run the government like a business?”
And how will the credit markets react when we try to borrow another dime? He would destroy our credit.
Trump would ruin us. The man is downright scary.
I work in the credit industry. Want to know what happens to your interest rates if you have a bad credit rating?
He thinks the economy is a fucking toy.
There is literally no end to the number of ways this is a bad idea. It’s like a fractal, where every way that it’s a bad idea is, in itself, enough to make it the worst idea anyone has ever had.
My first thought was that it would be a disaster for his candidacy because people would realize that “renegotiating with creditors” means “cutting granny’s retirement check” or “shrinking your pension”, but then I realized that a lot of low-information voters believe dogmatically that our debt is held entirely by the Chinese, and the idea of telling China “Fuck you guys, you need us more than we need you, take $.75 on the dollar or we will just go home” would have some romantic appeal to that sort of person–we are so powerful that we don’t have to pay off our debts because they fear us.
Obviously, this is entirely, entirely wrong, but these are the same people that believe a 34% tariff on cars built in Mexico would be a great idea.
Not a problem. Trump will have the Secretary of the Treasury send out e-mails to the effect that he has a big pot of money that must be deposited in America, and if he could just have the recipients bank account numbers and other info…
Until I saw this, I thought Trump was a man of above-average intelligence only pretending to be a moron. Now I know better.
And Paul ‘Atlas Shrugged is my favorite book’ Ryan, leader of the “sane” wing of the GOP, is ready to endorse The Donald as soon as he makes some “I hate government and unsuccessful people” incantation. :rolleyes:
O frabjous day, the GOP really has imploded!
Six more months. I’ve resolved to remain sane and sober. I may have to choose.
God bless Donald Trump. Really.
He is the only one having the boldness and courage to raise the right issues . Hillary, Obama and others are going to be dishonest always on this main issue of the election.
The “main issue of the election” is cutting people’s Social Security payments?
And arguing in favor puts him on the right side of this issue?
My goodness.
I’m really hoping truthSeeker2’s post was a whoosh. Because if it was not…
Oh my.
If I stay at the Trump Hotel, I’m going to tell them that I’m not paying $500 a night, I will only pay $200. How well will that go?
Did you miss the part where the Republicans’ little temper tantrum in 2011 will end up costing U.S. taxpayers $19 billion because of higher interest rates?
Do you remember 2007/2008 when Bush & Co. crashed the economy? Did you know that other countries turn to the U.S. dollar as a safe haven because we pay our debts? Imagine if Trump essentially files Chapter 11 and the dollar is no longer a safe investment.
Honesty is great. Trump is not honest. He’s also incapable of running a country.
That will be amazing. Other countries will work and produce for their own people. Not for the American consumer.
Restructuring of debt, some haircuts etc will go a long way in restoring credibility because present situation is just hopeless for the system.
OK, I’m running into Poe’s Law here.
Well, you always knew there are voters just fine with eliminating “entitlements”; it’s a point well taken on this particular topic.
'But… But I meant other people’s entitlements! :mad: ’
I do not think the national debt works the way you think it works.