Is there some percentage of retail and tourism failure that would cause the economy to collapse?

[skeddy]

Originally Posted by jonbenson

How is consistent for Trump to talk about how he didn't get the country into any wars yest simultaneously brag about spending more money on defense ?

If they reallocated say 100-200 Billion from defense spending somewhere else would it make a difference to national security?

defense budget went up every year Obama was President, what does Trump have to do with it?

[TimAZ]

Originally Posted by Oklazona Bound

We were running massive deficits. Close to a trillion a year before the pandemic. Considering all the over spending GDP growth was not that amazing. Historically below average for a growing economy. Unemployment was very good. But again massive deficits.

I am a fiscal conservative. One of the few left or so it seems. If Trump had done the above and shrank the deficit I would be all cheers.


That is the problem with Trumpers and Trump. They are fine spending our tax money like drunken Democrats.

Since 2009 people managing the major economies are all embracing Modern Monetary Theory (MMT). MMT allows unlimited debt expansion with the sole goal of maximizing employment. All other issues (deficits, inflation, natural disasters, etc.) are handled by...more debt. Politicians like Trump, Abe, Xi, etc. naturally love this scheme.

Forget about balanced budgets and “paying down the national debt” — these ideas will never be seen again in the halls of power.

[Huckleberry3911948]

The invasion of d day was costly but to let the third Reich continue would have cost far more
Trump primary platform was the wall - he had to give congress something to get it -more pork barrel projects deficit spending but
Worth it
The wall is half done
Once finished you will see the welfare spigot shut down
And probably armed border military conflict

[TimAZ]

Originally Posted by Huckleberry3911948

The invasion of d day was costly but to let the third Reich continue would have cost far more
Trump primary platform was the wall - he had to give congress something to get it -more pork barrel projects deficit spending but
Worth it
The wall is half done
Once finished you will see the welfare spigot shut down
And probably armed border military conflict

I think the future will see both Mexico and Canada annexed as territories of an expanding American Empire. Economic growth requires the young, tax-paying workers that Mexico can supply and Canada’s resources.