Trump and Deficit Spending

3,315 Views | 65 Replies | Last: 11 days ago by Helicopter Ben
Aggie95
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Prime0882 said:

Helicopter Ben said:

Prime0882 said:

Ags4DaWin said:

Prime0882 said:

Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.


Create a recession right out the gate. Genius.


We are already in a recession.

This fixes the deficit spending that is about to catastrophically tank our economy.

But if you could explain to me how:

Useless government workers having to be productive in the private sector, removing erroneous spending from the defense budget, and sending hundred of billions of dollars to coubtries that hate us will make the economy worse I am open to learning.


What jobs are these nearly 750k workers immediately going to? What about all the logistics of possibly having to relocate, etc. that may just have them deciding for unemployment if the jobs are not in a commutable distance.

Trump added trillions to the deficit and his ideas have never been about fiscal responsibility. That's a thing of the past for either party.

Let's not forget about the billions (hundreds of billions?) of dollars this would put back into the private sector. You know, the people and organizations that actually generate productive jobs? Justifying the existence of unproductive workers on the basis that there might be a short-term transition pain is extremely shortsighted. When you identify wasteful spending or a sunk cost, it's best to make the cuts immediately. Waiting only prolongs and increases the pain.


Cool. How you going to do it without tanking the economy and getting voters who voted due to the economy to not turn their backs by 2026 and 2028.
so what's the answer? just keep doing what we're doing?

we have 2 "scary" options:
1) cut spending and create some real hardships in areas
2) keep status quo and create catastrophic hardships in more widespread areas
Prime0882
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Ags4DaWin said:

Firing government workers and getting them in the private sector will not tank the economy.

Based on your post ur big issue is the political backlash such an action would cause. That is not the same as being worried about the economy. Once again. The government doesn't actually produce anything.

That can be managed by telling everyone from the get go that everyone is going to tighten their belts but that everyone is going to also start taking home more money because their taxes are going down.

Spend 3 months gutting regulation and lowering taxes to spur the economy. Before you do the firings.

Then have voluntary retirement options where government workers of retirement age can retire for a bonus.

Then start with the layoffs and government restructuring
Pay the government workers a 3-6 months severance based on years of service just like any corporation.

There will be soooo little impact on the economy noone will notice except the swamp creatures in DC.

And **** them.


Cool. I was amazed to see in a couple of exit polls voters said they remembered the stimulus check from the Trump years and could use that now and that was why they voted Trump. I'm sure people who can be persuaded to vote for $800 years ago will fall in line with belt tightening and will vote for ideology.
BTKAG97
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Ag_of_08 said:

Didn't say it wasn't/isn't, but i think some of you don't really understand that the magic wand waving Trump has been talking about is not going to make things right overnight.
Who is making this claim?
vansprinkle
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JW said:

He is not dictator and can only do so much.

Except for day 1. Day 1 he will be a dictator.
Prime0882
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Aggie95 said:

Prime0882 said:

Helicopter Ben said:

Prime0882 said:

Ags4DaWin said:

Prime0882 said:

Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.


Create a recession right out the gate. Genius.


We are already in a recession.

This fixes the deficit spending that is about to catastrophically tank our economy.

But if you could explain to me how:

Useless government workers having to be productive in the private sector, removing erroneous spending from the defense budget, and sending hundred of billions of dollars to coubtries that hate us will make the economy worse I am open to learning.


What jobs are these nearly 750k workers immediately going to? What about all the logistics of possibly having to relocate, etc. that may just have them deciding for unemployment if the jobs are not in a commutable distance.

Trump added trillions to the deficit and his ideas have never been about fiscal responsibility. That's a thing of the past for either party.

Let's not forget about the billions (hundreds of billions?) of dollars this would put back into the private sector. You know, the people and organizations that actually generate productive jobs? Justifying the existence of unproductive workers on the basis that there might be a short-term transition pain is extremely shortsighted. When you identify wasteful spending or a sunk cost, it's best to make the cuts immediately. Waiting only prolongs and increases the pain.


Cool. How you going to do it without tanking the economy and getting voters who voted due to the economy to not turn their backs by 2026 and 2028.
so what's the answer? just keep doing what we're doing?

we have 2 "scary" options:
1) cut spending and create some real hardships in areas
2) keep status quo and create catastrophic hardships in more widespread areas


I actually completely agree with you that we have two scary options and should go with #1. Do I think Trump is the person to do that? Nope. The deficit increased trillions of dollars under him and there's nothing about him at any point in his life, back in NYC or now, that says he cares about fiscal responsibility.
Aggie95
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I tend to agree, but I think he gets somewhat of a pass because Covid was the single costliest item of any administration is decades. Shutting down the entire country's economy created a shear panic that forced the stimulus spending. Was he part of that, yes...but the government in general would not have allowed us to continue without handing out money.
Bryanisbest
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Ghost of Andrew Eaton said:

Now that he's been elected, how do we ensure that Trump and the GOP make the cuts we want them to make? His last term was basically spending as normal and he/Congress/government added to the deficit like the others before him.


How bout looking on the bright side? Kamala will not be president of US for the next 4 yrs. Let that soak in.
Do you believe that he'll actually make the cuts?
Helicopter Ben
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Prime0882 said:


I actually completely agree with you that we have two scary options and should go with #1. Do I think Trump is the person to do that? Nope. The deficit increased trillions of dollars under him and there's nothing about him at any point in his life, back in NYC or now, that says he cares about fiscal responsibility.

This is a completely reasonable point. But some things have changed this time around. He's not worried about reelection. The covid nonsense has run its course…for now. And he has people like Elon, Vivek, and Ron Paul's name has even been thrown in the mix. I would never say have faith in these people, but rather hope. Hopefully they will at least move the ball in the right direction for what needs to be done. It's either that, or we await collapse. And if you believe the latter, then you should be homesteading and preparing for the inevitable. In my case, I'm doing a little bit of both.
fav13andac1)c
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Prime0882 said:

Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.


Create a recession right out the gate. Genius.


Things will get worse before they get better. He's planning a seismic shift that will ruffle feathers.
Ags4DaWin
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Exactly

We either

1)Dramatically change the trajectory of the country and risk conservatives losing it now. This would only be the case if America has so fundamentally changed that the majority of people only care about taking. And if that is the case then the country is lost a decade from now anyway.

Or

2) Wait for the inevitable slow decay that will rot her from the core 20-50 years from now.

I choose 1. Fight for what we need to save America now while there is some momentum and while there are enough people who have woken up that we have a fighting chance.
Kansas Kid
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fav13andac1)c said:

Prime0882 said:

Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.


Create a recession right out the gate. Genius.


Things will get worse before they get better. He's planning a seismic shift that will ruffle feathers.
People seem to have forgotten that under Reagan, we went into a double dip recession almost right away to stop inflation and get the economy onto the right track. It set up the next 2 decades of almost non stop growth with low inflation.

Reagan was willing to live with the short term, severe pain but it was the right medicine. Unfortunately, I don't see Trump repeating what Reagan did.
Prime0882
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fav13andac1)c said:

Prime0882 said:

Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.


Create a recession right out the gate. Genius.


Things will get worse before they get better. He has concepts of a plan that will create a seismic shift that will ruffle feathers.


Let me fix that for you.
Funky Winkerbean
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So noooooww we talk about rules and spending.
AggieDruggist89
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Kansas Kid said:

AggieDruggist89 said:

US revenue is $4.92T and we spend $6.75T. Deficit of $1.83T

We spend $4.8T just on SS, Medicare Medicaid, Defense, and Interest.

Where do you think we can make cuts to balance the budget?
Unless we attack entitlements, we will not balance the budget as these issues will get worse due to upcoming demographic issues. The problem is if you attack them as a politician, good luck winning reelection because the vast majority of Americans support these programs.

The only hope would be to do it via bipartisan bills so everyone takes the pain at the ballot box but unfortunately, neither party will do it.

I would love to see a balanced budget and major cuts across the board but there isn't the political will/guts in DC to do it.
SS and Medicare should be left alone.

Medicaid and defense should be evaluated. Not suggesting we spend less on defense. But I think we need to look at how much we are paying for a bolt.
YouBet
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AggieDruggist89 said:

US revenue is $4.92T and we spend $6.75T. Deficit of $1.83T

We spend $4.8T just on SS, Medicare Medicaid, Defense, and Interest.

Where do you think we can make cuts to balance the budget?


Look at this thread. Almost everyone on here blew right past this and ignore reality.

Trump isn't cutting **** because he can't/won't.

The Republican Party has already said they aren't touching SS, Medicare, Medicaid, and Defense. It's in their official platform that they won't.

These threads are pointless. Spending is not getting cut outside of some potential cuts to the Deep State and nothing that happens there will move the needle although I will welcome any of it that he does.
Ghost of Andrew Eaton
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Bryanisbest said:

Ghost of Andrew Eaton said:

Now that he's been elected, how do we ensure that Trump and the GOP make the cuts we want them to make? His last term was basically spending as normal and he/Congress/government added to the deficit like the others before him.


How bout looking on the bright side? Kamala will not be president of US for the next 4 yrs. Let that soak in.
Do you believe that he'll actually make the cuts?



He was elected to govern. Saying "I'm not Kamala." doesn't make the changes that we voted for.
If you say you hate the state of politics in this nation and you don't get involved in it, you obviously don't hate the state of politics in this nation.
Muy
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Since everyone has an opinion, yes he will cut the costs 100% and we will take over the universe.
Pumpkinhead
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Trump and the Republicans will probably spend like drunken sailors and the deficit continue to rocket up. that particular topic, no difference really from the Dems.
Kansas Kid
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AggieDruggist89 said:

Kansas Kid said:

AggieDruggist89 said:

US revenue is $4.92T and we spend $6.75T. Deficit of $1.83T

We spend $4.8T just on SS, Medicare Medicaid, Defense, and Interest.

Where do you think we can make cuts to balance the budget?
Unless we attack entitlements, we will not balance the budget as these issues will get worse due to upcoming demographic issues. The problem is if you attack them as a politician, good luck winning reelection because the vast majority of Americans support these programs.

The only hope would be to do it via bipartisan bills so everyone takes the pain at the ballot box but unfortunately, neither party will do it.

I would love to see a balanced budget and major cuts across the board but there isn't the political will/guts in DC to do it.
SS and Medicare should be left alone.

Medicaid and defense should be evaluated. Not suggesting we spend less on defense. But I think we need to look at how much we are paying for a bolt.
I don't have the full answer on SSA but their is a lot of waste in the disability program (people have turned it into the long term unemployment benefit) and Medicare is at least 10% and maybe even15-20% fraud.

I struggle with fully cutting SSA but at some point it will have a day of reconning with either substantial benefit cuts, means testing and/or eliminating the cap on earnings subject to it because it was the greatest Ponzi scheme in the history of mankind.
No Spin Ag
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fav13andac1)c said:

Prime0882 said:

Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.


Create a recession right out the gate. Genius.


Things will get worse before they get better. He's planning a seismic shift that will ruffle feathers.


As long as those feathers aren't in battleground states, things will be just fine. I mean, except for the families whose lives are turned upside down, but who cares about real people. Still, so long as whatever he's going to do gets things where they should've been since Reagan, and that includes Trump's first time in the White House, then whatever happens needs to happen.

Let's just not pretend it won't have real consequences for everyone's friends and neighbors, and that with enough losses, other industries will be affected because lots of people who make decent to good money out of jobs all of a sudden means every place they spend their money on loses their business. From the spa they go to down to the amount and types (hello store brand or food bank) of food they buy.

It'll make for great 30 second ads, that Trump won't have to worry about, but every republican politician in '26 and '28 will.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
K2-HMFIC
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Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.
As a reminder, 3/4 of the budget is defense spending, Medicare/Medicaid, and SS.

ts5641
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I think he'll try to do as much as can be done in a few years. At least set us down the right path. It will take a lot of courage from him and Congress because spending cuts are painful and some of the folk ain't gonna like it. And of course the MSM will claim each cut is the end of the world as we know it every single day.
JamesPShelley
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Prime0882 said:

Ags4DaWin said:

Fire 30% of the government within 90 days.

That drops the federal budget a ton.

Immediately stop all foreign aid until the budget is balanced.

That also drops the budget a ton.

Stop all aid to illegals and deport them.

That drops the budget a ton.

Reinstitute alot of the requirements and time limits on welfare.

That drops the budget a ton.

Audit the defense budget and any money's that cannot be accounted for get removed from next year's budget.

That drops the budget a ton.

From there adjust taxes as necessary.


Create a recession right out the gate. Genius.
NM.
pagerman @ work
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AlaskanAg99 said:

It remains to be seen what congress will do. He can only yell and veto so much.
Please.

Trump has no, as in zero, interest in or intent to cut the budget.

The absolute best you can hope for is non-growth.
Farmer_J
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The only way you're going to cut. The budget is exposed line item spending by department.

It would be embarrassing
HTownAg98
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He never cut spending the first time around. What makes anyone think he's going to do it now?
BluHorseShu
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Build It said:

Congress has the checkbook. Ask them.
For now they do...But he's pushing for reasserting 'impoundment' which would allow him to spend tax dollars the way he wants and not how Congress allocates it. Could be good for the country, or set a bad president for any future Dem presidents to take advantage of.

BluHorseShu
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Ag87H2O said:

Ghost of Andrew Eaton said:

Now that he's been elected, how do we ensure that Trump and the GOP make the cuts we want them to make? His last term was basically spending as normal and he/Congress/government added to the deficit like the others before him.

Do you believe that he'll actually make the cuts?
It remains to be seen, but with the mandate he got from the American public and Elon heading up a task force to root out and eliminate government waste and fraud, I have high hopes.
What I think will be tricky is the American public accepting Musk's take that there will be more temporary hardship until things right themselves with the cuts and how they will initially affect the economy. You'd think that, "well, we've been dealing with a bad economy for over 4 years so we're used to it", however the primary reason many demographics and maybe evens some independents voting for Trump was to make the economy better. I think many Americans are expecting a quick fix they can feel, even if that reality is unreasonable in the very short term with massive changes that have never been experienced to the degree being touted.

pagerman @ work
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BluHorseShu said:

Build It said:

Congress has the checkbook. Ask them.
For now they do...But he's pushing for reasserting 'impoundment' which would allow him to spend tax dollars the way he wants and not how Congress allocates it. Could be good for the country, or set a bad president for any future Dem presidents to take advantage of.


All hail the imperial presidency!

At the very least, one would think that conservatives would want to conserve the constitution.
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy. It's inherent virtue is the equal sharing of miseries." - Winston Churchill
Ag87H2O
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BluHorseShu said:

Ag87H2O said:

Ghost of Andrew Eaton said:

Now that he's been elected, how do we ensure that Trump and the GOP make the cuts we want them to make? His last term was basically spending as normal and he/Congress/government added to the deficit like the others before him.

Do you believe that he'll actually make the cuts?
It remains to be seen, but with the mandate he got from the American public and Elon heading up a task force to root out and eliminate government waste and fraud, I have high hopes.
What I think will be tricky is the American public accepting Musk's take that there will be more temporary hardship until things right themselves with the cuts and how they will initially affect the economy. You'd think that, "well, we've been dealing with a bad economy for over 4 years so we're used to it", however the primary reason many demographics and maybe evens some independents voting for Trump was to make the economy better. I think many Americans are expecting a quick fix they can feel, even if that reality is unreasonable in the very short term with massive changes that have never been experienced to the degree being touted.
I agree. To do it right, it will be painful, just like it was with the early Reagan years. But just like an illness, the medicine is the only thing that is ultimately going to cure the problem. I hope Trump jumps on this and is willing to bear the frustrations and certain condemnation and gaslighting from the left early in this administration so that in the second half, the healing/hard part is over and the fruits of the efforts - a truly healthy economy - takes off.

It will take herculean efforts on the part of his PR and marketing team to keep the public informed and prepared to accept short term pain for long term gain. Given his podcast/social media strategy during this election, he needs to keep that team in place and ready to go with his messaging.
Helicopter Ben
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Ag87H2O said:

I agree. To do it right, it will be painful, just like it was with the early Reagan years. But just like an illness, the medicine is the only thing that is ultimately going to cure the problem. I hope Trump jumps on this and is willing to bear the frustrations and certain condemnation and gaslighting from the left early in this administration so that in the second half, the healing/hard part is over and the fruits of the efforts - a truly healthy economy - takes off.


To do it "all the way" right, yes it will be short term pain. But there are several things he could do to get the quick wins a lot of voters are expecting. At least 80% of government workers and agencies are useless at best and most produce a net harm. He could cut those agencies and personnel while deregulating in the process. Just like how Musk fired 80% of twitter staff without any noticeable decline in functionality. In the case of our govt, the only things we would notice are the improvements. His "drill baby drill" slogan should be "cut baby cut"…or even better, why not both?
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