today i decided trump should not win. i resign my post as right wing troll
 

i have become persuaded by the idea that the coming economic shitstorm from the next bubble deflation, will be much worse because the federal debt is too large now to just pass another couple trillion in bailouts. the federal funds rate is zero, nowhere left to go. the fed used to cut interest rates to stimulate the economy. cant do that now.

this has happened over & over in history. Only a matter of when the economy, & the federal budget crashes under the weight of endless corruption.

the country is not supposed to run 500 billion dollar federal deficits when the economy has grown for 7 straight years. interest rates are not supposed to be at zero. AKA the economy has been on life support for 8 straight years with no end in sight. This is a textbook bubble.

hillary should be in charge so the establishment people who engineered this can be properly blamed. The liberal media will only blame trump for everything gone wrong, if he wins. even though he would be much better QUALIFIED (wharton MBA) to resolve it than a self serving felon whose only merit is she is a woman.

go hillary. :)

when the next bubble bursts, whats the fed going to do? QE4? 5? 35???

& the federal government? near 20 trillion in debt with an economy that is only 17 trillion or so GDP, with 300 billion trade deficit.

tick tock, goes the bubble clock.

trump should enjoy his retirement, & hillary should get the Karma that comes with being one of the corrupt elements who caused it all.

& so should the voters, they should enjoy the karma too, if they elect her. :1orglaugh

i want more social justice protests, i want more mall & highway shutdowns, riots & violence when cops stop an armed robber. maybe the liberal social justice movement will decide that just being white is enough to be a racist. oh wait, some colleges are already doing that. whats going on at pitzer college? no white roommates please!

go hillary! :1orglaugh

should i bring up ISIS in a hillary support thread? because the DNC did not talk about ISIS. they time they did, the crowd chanted "no more war!"

so when the ISIS 911 comes, the one she & obama enabled, maybe hillary will draw a peace symbol with rainbows over the new ground zero.

go hillary!:1orglaugh:1orglaugh:1orglaugh

There are two ways out of debt;

1. Work your way out of debt
2. Declare bankruptcy

When you are a government;

1. Increase current tax rates then use the proceeds to retire debt
2. Grow the taxable economy then use the proceeds to retire debt
3. Devalue the currency causing inflation then use the devalued currency to retire debt [*a quasi-bankruptcy debt reduction]

Either you bite the bullet or kick the can down the road until you can no longer refinance the National Debt.

Department of Defense $560 Billion {-20%}
Tax Receipts $3.25 Billion {+3%} debt reduction surtax

That is a $200 - $220 Billion deficit repayment plan for a near $20 Trillion National Debt.
We are talking generations to pay this off :2 cents:


https://www.whitehouse.gov/omb/budget/Historicals

[in $millions*]

Department or other unit;2015
Legislative Branch;4,369
Judicial Branch;6,690
Department of Agriculture;25,029
Department of Commerce;8,584
Department of Defense--Military Programs;560,442
Department of Education;66,947
Department of Energy;27,388
Department of Health and Human Services;83,414
Department of Homeland Security;46,535
Department of Housing and Urban Development;30,384
Department of the Interior;12,173
Department of Justice;26,294
Department of Labor;11,946
Department of State;28,305
Department of Transportation;17,905
Department of the Treasury;12,215
Department of Veterans Affairs;65,100
Corps of Engineers--Civil Works;5,567
Other Defense Civil Programs;217
Environmental Protection Agency;8,140
Executive Office of the President;401
General Services Administration;-386
International Assistance Programs;23,927
National Aeronautics and Space Administration;18,010
National Science Foundation;7,344
Office of Personnel Management;243
Small Business Administration;887
Social Security Administration (On-Budget);4,686
Social Security Administration (Off-Budget);5,422
Other Independent Agencies (On-Budget);8,224
Other Independent Agencies (Off-Budget);259
Allowances;..........
Total discretionary budget authority;1,116,661

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It took you longer than most sane people to discover Trump is nuts, but hey at least you finally figured it out.. It was the commie thing wasn't it, that finally did you in.. There is only one thing right wingers hate more than gays, blacks and Mexicans and that's a commie! :1orglaugh

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Congrats, Dyna.

How does a government cut spending without creating huge numbers of unemployed?

Berry has a list and it's a good one. But every "$1,000" puts a man out of work and on benefits. This needs more public sector staff and it costs money. The areas where those people worked are now in recession, shops close, workers lose jobs. Look at Greece to see how it works when it goes very wrong.

Millions will vote for any Government that promises them more benefits.

Bring jobs back home, employ people in the US and pass the cost onto the consumer.

Import taxes, and pass the cost onto the consumer.

Higher taxes. Look at the US rate of tax-GDP and other developed countries. When we exported jobs to the Third World, we loaded us with the costs of lost jobs.