I believe that he will try.
But, the mold has taken over the entire place and perhaps a good neutron bomb might be the only solution.
Get Trump and true conservatives out beforehand, of course, but we could care less about the rest.
No. The only thing that will stop it is the coming economic collapse.
Nobody, and I mean NOBODY believes the US Taxpayer will pay back this $20 trillion in debt.
Anyone who thinks that will happen needs to see a doctor right away.
We haven’t even quit borrowing more. And won’t until we’re cut off.
The real problem is Credit Money, but President Trump could pull a JFK and trump them, not likely, but it is the correct solution to our problems.
Back in 1963, President John F. Kennedy signed Executive Order 11110 which authorized the U.S. Treasury to issue debt-free “United States Notes” which were not created by the Federal Reserve. These debt-free notes began to be issued, and you can still find them for sale on eBay today.
http://www.presidency.ucsb.edu/ws/?pid=59049
By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows:
SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended —
(a) By adding at the end of paragraph 1 thereof the following subparagraph (j):
“(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption,” and
(b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof.
SEC. 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made.
JOHN F. KENNEDY
THE WHITE HOUSE,
June 4, 1963
Interest rates on the national debt have been at or near record lows for the last eight years.
A sudden spurt of inflation would move interest rates up dramatically, and any effort to balance the budget would become politically impossible.