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Shrinking the Budget May Not Be As Easy As Trump Thinks
Real Clear Markets ^ | November 21, 2016 | Jeffrey Dorfman

Posted on 11/21/2016 5:06:08 AM PST by expat_panama

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To: Steely Tom
It certainly seemed pretty easy for Obama to expand it.

And Bush. And Bush, Sr. And Reagan. I don't think we've seen a president shrink the government since the 1920's.

21 posted on 11/21/2016 5:19:45 AM PST by DoodleDawg
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To: expat_panama

Eliminate multiple departments and agencies, severely cut the budget of others, reduce the number of Federal civilian employees by 2/3. Defense Dept. (except civilians), most intel agencies, parts of the FBI, and border patrol excluded.


22 posted on 11/21/2016 5:20:31 AM PST by nickedknack
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To: refermech

...same crowd that thought a Trump Presidency was pure fantasy. Grain-of-salt News at best.


23 posted on 11/21/2016 5:20:43 AM PST by ThePatriotsFlag ( Anything FREELY-GIVEN by the government was TAKEN from someone else.)
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To: Gen.Blather

Some of these things could go under the auspices of smaller government entities. The Federal government has been distorted into a one-size-fits-all nanny. If, say, Tennessee wants to subsidize, say, Nashville country music, that might make sense. If New York wants to subsidize the high arts in New York, that might make sense. Please, though, Uncle Sam shouldn’t have even a single finger in that stuff.


24 posted on 11/21/2016 5:21:11 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: expat_panama

1. Freeze non-essentual hiring.

2. Stop all payouts regarding Global warming.

3. End the automatic budget increase of 10%, go to baseline budgeting.

4. End all out of date programs that are no longer required by law.

5. End ALL funding for the arts, NPR, and any taxpayer funded TV.

6. Institute an accross the board budget cut excluding Veterens, Military, SS.


25 posted on 11/21/2016 5:21:45 AM PST by stockpirate (OBAMA MUST BE ON THE PAYROLL OF THE CLINTON FOUNDATION.)
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To: ThePatriotsFlag

Donald is a rare bird, and already everybody is an expert on how it ought to fly.


26 posted on 11/21/2016 5:22:19 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: expat_panama

Then only way to achieve a lasting spending cut is to remove entire line items from the budget, which’d require congress. You’d also have to stop adding new ones that aren’t needed.

Imagine renovating your house. What’s more effective at cutting costs, trying to find cheap labor, parts, tools, or taking on one of the tasks yourself, like painting?

Govt should stick to what you need govt to do and govt should stop doing what people can do on their own.

Building a military? Sounds like govt job. Feeding the poor? Job for charity.

It doesn’t take a govt to hand someone a sandwich.


27 posted on 11/21/2016 5:22:23 AM PST by fruser1
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To: Libloather

I dont think deficit reduction is trumps agenda


28 posted on 11/21/2016 5:23:38 AM PST by BRL
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To: DoodleDawg
Are you taking bets?

I only bet what I can afford to lose, and only in the stock market. ;-)

29 posted on 11/21/2016 5:24:19 AM PST by DungeonMaster (Rebellion is as the sin of witchcraft.)
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To: BRL

I think in the long term, Donald wants America to be an overall financial success.

He’s as good as anybody here.


30 posted on 11/21/2016 5:25:36 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Gen.Blather
You give me half an hour with the budget and I’ll find you a pile of cuts.

The only problem is that you'd need more than that half hour with a field telephone and alligator conectors to get each congresscritter to vote for the necessary legislation.

31 posted on 11/21/2016 5:26:18 AM PST by Stentor
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To: DungeonMaster
I only bet what I can afford to lose, and only in the stock market. ;-)

A wise policy. Personally I would be happy if the national debt is about the same when Trump leaves office as when he enters. But I fear it'll be much higher. The Republican in Congress and the Democrats in Congress only care about the deficit when the other party has the White House.

32 posted on 11/21/2016 5:26:55 AM PST by DoodleDawg
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To: expat_panama

No budget. No continuing resolution. Done.

The blood suckers will riot.


33 posted on 11/21/2016 5:27:34 AM PST by nonsporting
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To: stanne

“I am sure Trjmp knows what is easy and what isn’t.”.......

We can rest assured that Trump knows the difference between easy and impossible. He has and will continue to surround himself with people who also know the difference. I expect good things will happen once he is our new president. It is past time to accept he will be our new leader and what ever he does “positive” will outshine what odumbo has done these past eight years.


34 posted on 11/21/2016 5:28:48 AM PST by DaveA37
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To: DoodleDawg
A wise policy. Personally I would be happy if the national debt is about the same when Trump leaves office as when he enters. But I fear it'll be much higher. The Republican in Congress and the Democrats in Congress only care about the deficit when the other party has the White House.

Too me it just seems like the kind of problem that Trump will jump on. It's simple math and requires the cutting of spending that is so wasteful that if we knew half of it we'd probably quit work and go on welfare. I actually trust Trump's ego a bit on this. He said he'd make America Great again and that involves a sound economy rather than a fake bubble. I hope to see that slightly smug face as he describes the improvements month by month.

This is pretty hopeful isn't it?

35 posted on 11/21/2016 5:33:45 AM PST by DungeonMaster (Rebellion is as the sin of witchcraft.)
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To: expat_panama
You cannot fix federal spending by looking at the overall budget, even budgeted lines and thinking oh, I'll just cut that. What, cut an aircraft carrier, or highway funds to whereever. No, at the level of what we are paying to get it all more or less adds up. It has all been argued over many many times.

The problem is the next level down - actually getting what you are paying for at a reasonable price - and that is where the problem is, line by line, expense by expense. The whole federal struture has been hollowed out through ineptitude, inefficiency and cronyism. I would wager that well over 1/2 of expenditures do not actually contribute to the thing the public was paying for. Instead it goes to a host of regulators and the folks who are hired to comply; to constultants galore. Has anyone seen the highrise construction in Rockville Md or Tysons Virginia. Who is paying for all of that. The taxpayer is. And it represents ever more money being skimmed off the federal budget in the D.C. metropolitan area before a dime of it goes out to the folks who will actually do something with it.

Remember, the DC metro area does nothing useful or productive. It just processes the process to govern the country. It's like the old joke about one lawyer in town starves to death. Two and you have a going business. In DC all your money goes to folks who spend their time answering each other's mail.

36 posted on 11/21/2016 5:34:45 AM PST by AndyJackson
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To: randita
Entitlements are the killer It's crony capitalism that is the killer.
37 posted on 11/21/2016 5:36:02 AM PST by AndyJackson
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To: AndyJackson

Salvation will not come via budget cuts. The path to salvation requires growth, then devaluation and then inflation.

That trifecta is the only way the debt will be reduced


38 posted on 11/21/2016 5:38:42 AM PST by bert ((K.E.; N.P.; GOPc;WASP .... Does America still have lots of safe closet?)
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To: expat_panama

Eliminate baseline budgeting. Easy 1st step.


39 posted on 11/21/2016 5:38:59 AM PST by MNJohnnie (This revolt is not ending, it is merely beginning.- Pat Caddell)
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To: DungeonMaster
This is pretty hopeful isn't it?

Not really. We're currently running about a half-trillion dollar deficit. Trump has made it clear that more money for the military and a trillion dollars for infrastructure are priorities. He's also said he will leave entitlements alone, will replace Obamacare with something else, and is big on funding school choice. I don't see where he can cut enough to balance the budget as it is much less the budget that will be. But hopefully he will prove me wrong.

40 posted on 11/21/2016 5:39:01 AM PST by DoodleDawg
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