Donald Trump is floating an insane idea that would tank the American economy

[tigerred59]

Do you have any words or opinion of your own, or are you a mindless parrot?

And you can say that with a straight face, can ya? There isn't one idea in the heads of conservatives that doesn't come from a blog or Fox news...fuckin pot, meet kettle

 

[tigerred59]

I watched his interview in its entirety on CNBC.

It was bizarre.

He seemed to be completely unaware that the US already was paying record low rates of interest on our debt.

He also said he'd replace Janet Yellen because "she's a low interest rate person," then in the very next sentence said that he too was a low interest rate person, and how disastrous it would be to raise interest rates.

It was like listening to a clueless child talking.

Utterly surreal.

Anyone with a working brain cell knows Trump is full of shit.....but you can't tell that to white people, they're still waiting on a Elvis comeback!

 

[my2¢]

Two words hit me upon reading the OP: Italian lira.

I've got an open mind but I'll definitely check back on his latest plans and give it more thought once we get closer to the election.

 

[S.J.]

I trust Trump to know how to make us prosper.

Amazing.

Yeah, and we see how prosperous Obama has made us, especially with the downgrading of our credit rating.

 

[Manonthestreet]

Does anyone not see running it up like this has do e exactly that

What is "has do e exactly that" supposed to mean?

has done ....was on my phone....Obama has alrdy done what you claim trump will do

 

[S.J.]

I watched his interview in its entirety on CNBC.

It was bizarre.

He seemed to be completely unaware that the US already was paying record low rates of interest on our debt.

He also said he'd replace Janet Yellen because "she's a low interest rate person," then in the very next sentence said that he too was a low interest rate person, and how disastrous it would be to raise interest rates.

It was like listening to a clueless child talking.

Utterly surreal.

Anyone with a working brain cell knows Trump is full of shit.....but you can't tell that to white people, they're still waiting on a Elvis comeback!

Is everything in life black and white to you, racist?

 

[Manonthestreet]

For 8 years we've heard that the government cannot ever go broke because the president can just print more money - at least that's my take on it.


On the plus side for the dooms day fear in the post above, then at least American can start over from scratch and maybe fix some of their shit right?

So, when congress spends money, Obama goes down in the basement and prints it? Sounds like you have been listening to too much AM radio.

no you havn't........libs ran as fiscal conservatives to win congress and did nothing.....

 

[S.J.]

Convenient, the first links are even from education sites trying to explain to [Ds] why it doesn't work that way - the government can just print more money - Bing

I know it's a stupid idea, but yea that's what we've been doing. A la $19 trillion in debt now? And all but the economically minded are told to ignore the debt. Trump is at least discussing trying to find a more viable solution to pay off those debts at a hopefully reduced cost, or an emergency plan if shit hits the fan economically (and I have a feeling the economy is actually gonna get worse soon.)

First of all, that's not even close to "what we've been doing".

Secondly, how is destroying our country's credit (and our economy along with it) a "more viable solution" than just continuing to pay off our debt the way we're doing now?

Hey, stupid, if we're paying off our debt, why does it keep increasing?

 

[tigerred59]

I watched his interview in its entirety on CNBC.

It was bizarre.

He seemed to be completely unaware that the US already was paying record low rates of interest on our debt.

He also said he'd replace Janet Yellen because "she's a low interest rate person," then in the very next sentence said that he too was a low interest rate person, and how disastrous it would be to raise interest rates.

It was like listening to a clueless child talking.

Utterly surreal.

Anyone with a working brain cell knows Trump is full of shit.....but you can't tell that to white people, they're still waiting on a Elvis comeback!

Is everything in life black and white to you, racist?

 

[EverCurious]

Convenient, the first links are even from education sites trying to explain to [Ds] why it doesn't work that way - the government can just print more money - Bing

I know it's a stupid idea, but yea that's what we've been doing. A la $19 trillion in debt now? And all but the economically minded are told to ignore the debt. Trump is at least discussing trying to find a more viable solution to pay off those debts at a hopefully reduced cost, or an emergency plan if shit hits the fan economically (and I have a feeling the economy is actually gonna get worse soon.)

First of all, that's not even close to "what we've been doing".

Secondly, how is destroying our country's credit (and our economy along with it) a "more viable solution" than just continuing to pay off our debt the way we're doing now?

PFFT what credit is left, we done used it all up and wasted it on QVC shit. This country is economically and socially self-destructing, you don't think other countries see that as well? How much faith do you think they put in the US being able to hold together? Think about it, this year we have a capitalist that half the people want to kill (and that appears to be a global sentiment,) a lying POS criminal, and a damn socialist running for president. NONE of these options will give us a non-divided country - Divided we fall. A statement so profound and historically accurate that /all/ countries know it.

The portrayal to the world for what 8 years now, has been that American's hate each other, despise each other. Shit we can't even fight a gd war against /terrorists/ without hating on each other anymore. The truth of how overblown this may or may not be is irrelevant to those in other countries. What faith should they have that we are a united nation that will not fracture? And what will we become when this election is over? If Hillary's criminal past finally catches up, we become a socialist or a capitalist nation. If it's Trump, the rabid socialists are going to lose their minds and riot in the streets like a [mini] civil war, not to mention we stop paying to have foreign friends (aka foreign aid countries,) Mexico is gonna flip the hell out, Canada is gonna be pissed, and most of the EU will want to disown us. If Sander's wins the wealthy will be fleeing the country in droves and the socialist welfare economy will self destruct - those who voted for him will again riot because they didn't get what they wanted. NONE of this is going to bode well for America's traditional appearance as a stable rock in the world, a symbol of freedom, of wealth...

Over a hundred years of "rep" is going to falter next year, and what's the forecast for another countries /faith/ in the American dollar then? When China takes over the global dollar? It's unraveling and the worst part is American's as a whole just don't care...

The above pile of fear-mongering bullshit is entirely disconnected from reality.

US debt is the single safest investment in the world. The only thing that would change that would be defaulting on it in the way that Trump suggests.

Fear-mongering? Heh, I've nothing to fear here, nor do any of the wealthy folks in this country. We can leave anytime we want $5k and we're out, done, no worries...

As for the latter, you don't think that $19T in debt and say getting Sanders and a shit-ton more debt isn't going to "concern" foreign investors? Did you miss the part where they downgraded America's credit rating? Or did you miss where businesses are pulling out of the US because it's no longer a good investment for them?

Sure, I might be wrong, don't worry about it, keep spending and hating, it's golden.

 

[S.J.]

I watched his interview in its entirety on CNBC.

It was bizarre.

He seemed to be completely unaware that the US already was paying record low rates of interest on our debt.

He also said he'd replace Janet Yellen because "she's a low interest rate person," then in the very next sentence said that he too was a low interest rate person, and how disastrous it would be to raise interest rates.

It was like listening to a clueless child talking.

Utterly surreal.

Anyone with a working brain cell knows Trump is full of shit.....but you can't tell that to white people, they're still waiting on a Elvis comeback!

Is everything in life black and white to you, racist?

What's your point, tigeracist?

 

[tigerred59]

I watched his interview in its entirety on CNBC.

It was bizarre.

He seemed to be completely unaware that the US already was paying record low rates of interest on our debt.

He also said he'd replace Janet Yellen because "she's a low interest rate person," then in the very next sentence said that he too was a low interest rate person, and how disastrous it would be to raise interest rates.

It was like listening to a clueless child talking.

Utterly surreal.

Anyone with a working brain cell knows Trump is full of shit.....but you can't tell that to white people, they're still waiting on a Elvis comeback!

Is everything in life black and white to you, racist?

What's your point, tigeracist?

Whats my fuckin point? The fact you have to ask, renders you a non motherfucker factor in this debate....bye trash can

 

[theDoctorisIn]

Convenient, the first links are even from education sites trying to explain to [Ds] why it doesn't work that way - the government can just print more money - Bing

I know it's a stupid idea, but yea that's what we've been doing. A la $19 trillion in debt now? And all but the economically minded are told to ignore the debt. Trump is at least discussing trying to find a more viable solution to pay off those debts at a hopefully reduced cost, or an emergency plan if shit hits the fan economically (and I have a feeling the economy is actually gonna get worse soon.)

First of all, that's not even close to "what we've been doing".

Secondly, how is destroying our country's credit (and our economy along with it) a "more viable solution" than just continuing to pay off our debt the way we're doing now?

Hey, stupid, if we're paying off our debt, why does it keep increasing?

US debt is held in Treasury instruments. When they mature, they pay out - as in, we're "paying off the debt" every day. The total debt is increasing because we keep selling more Treasury instruments - and people keep buying them. Aside from default, there is no reason to think anyone will stop buying them, they're inarguably the safest investment in the world.

 

[theDoctorisIn]

Does anyone not see running it up like this has do e exactly that

What is "has do e exactly that" supposed to mean?

has done ....was on my phone....Obama has alrdy done what you claim trump will do

Defaulted on the debt? No, he hasn't.

 

[tigerred59]

Convenient, the first links are even from education sites trying to explain to [Ds] why it doesn't work that way - the government can just print more money - Bing

I know it's a stupid idea, but yea that's what we've been doing. A la $19 trillion in debt now? And all but the economically minded are told to ignore the debt. Trump is at least discussing trying to find a more viable solution to pay off those debts at a hopefully reduced cost, or an emergency plan if shit hits the fan economically (and I have a feeling the economy is actually gonna get worse soon.)

First of all, that's not even close to "what we've been doing".

Secondly, how is destroying our country's credit (and our economy along with it) a "more viable solution" than just continuing to pay off our debt the way we're doing now?

Hey, stupid, if we're paying off our debt, why does it keep increasing?

US debt is held in Treasury instruments. When they mature, they pay out - as in, we're "paying off the debt" every day. The total debt is increasing because we keep selling more Treasury instruments - and people keep buying them. Aside from default, there is no reason to think anyone will stop buying them, they're inarguably the safest investment in the world.

Wake me up when you nuts find a real subject to go bat shit crazy over.....this topic has been going on for centuries....and guess what, the fuckin country hasn't lost a beat....176,000 jobs created last month, more jobs have been created under this bad president since the Clinton era....you nuts need a new hobby.

 

[theDoctorisIn]

I trust Trump to know how to make us prosper.

Amazing.

Yeah, and we see how prosperous Obama has made us, especially with the downgrading of our credit rating.

S&P downgraded our credit rating because of the Republican Clown Show threatening to stop the debt ceiling increase, which they've made clear countless times already. It wouldn't surprise me if they downgraded us again, should Trump continue with his nonsense.

As for "prosperous", speak for yourself.

 

[Manonthestreet]

Like I said does anyone actually believe it will be paid off anymore........class anyone......he most certainly has......event is simply a formality

 

[theDoctorisIn]

Convenient, the first links are even from education sites trying to explain to [Ds] why it doesn't work that way - the government can just print more money - Bing

I know it's a stupid idea, but yea that's what we've been doing. A la $19 trillion in debt now? And all but the economically minded are told to ignore the debt. Trump is at least discussing trying to find a more viable solution to pay off those debts at a hopefully reduced cost, or an emergency plan if shit hits the fan economically (and I have a feeling the economy is actually gonna get worse soon.)

First of all, that's not even close to "what we've been doing".

Secondly, how is destroying our country's credit (and our economy along with it) a "more viable solution" than just continuing to pay off our debt the way we're doing now?

PFFT what credit is left, we done used it all up and wasted it on QVC shit. This country is economically and socially self-destructing, you don't think other countries see that as well? How much faith do you think they put in the US being able to hold together? Think about it, this year we have a capitalist that half the people want to kill (and that appears to be a global sentiment,) a lying POS criminal, and a damn socialist running for president. NONE of these options will give us a non-divided country - Divided we fall. A statement so profound and historically accurate that /all/ countries know it.

The portrayal to the world for what 8 years now, has been that American's hate each other, despise each other. Shit we can't even fight a gd war against /terrorists/ without hating on each other anymore. The truth of how overblown this may or may not be is irrelevant to those in other countries. What faith should they have that we are a united nation that will not fracture? And what will we become when this election is over? If Hillary's criminal past finally catches up, we become a socialist or a capitalist nation. If it's Trump, the rabid socialists are going to lose their minds and riot in the streets like a [mini] civil war, not to mention we stop paying to have foreign friends (aka foreign aid countries,) Mexico is gonna flip the hell out, Canada is gonna be pissed, and most of the EU will want to disown us. If Sander's wins the wealthy will be fleeing the country in droves and the socialist welfare economy will self destruct - those who voted for him will again riot because they didn't get what they wanted. NONE of this is going to bode well for America's traditional appearance as a stable rock in the world, a symbol of freedom, of wealth...

Over a hundred years of "rep" is going to falter next year, and what's the forecast for another countries /faith/ in the American dollar then? When China takes over the global dollar? It's unraveling and the worst part is American's as a whole just don't care...

The above pile of fear-mongering bullshit is entirely disconnected from reality.

US debt is the single safest investment in the world. The only thing that would change that would be defaulting on it in the way that Trump suggests.

Fear-mongering? Heh, I've nothing to fear here, nor do any of the wealthy folks in this country. We can leave anytime we want $5k and we're out, done, no worries...

As for the latter, you don't think that $19T in debt and say getting Sanders and a shit-ton more debt isn't going to "concern" foreign investors? Did you miss the part where they downgraded America's credit rating? Or did you miss where businesses are pulling out of the US because it's no longer a good investment for them?

Sure, I might be wrong, don't worry about it, keep spending and hating, it's golden.

It's not that you're wrong - you're not even wrong.

Treasuries will continue to be the safest investment in the world as long as the US keeps paying them out - and we're nowhere near not being able to do that.

 

[theDoctorisIn]

Like I said does anyone actually believe it will be paid off anymore........class anyone......he most certainly has......event is simply a formality

I don't understand what you're trying to say.

Our debt is being "paid off" every day.

 

[Manonthestreet]

which of course is why it grows and you are caught in the death spiral of zirp