Posted on 04/03/2016 11:22:01 AM PDT by Steelfish
Fact Checker Trump’s Nonsensical Claim He Can Eliminate $19 Trillion In Debt In Eight Years
Donald Trump, in an interview with Bob Woodward and Robert Costa In a revealing interview, Trump predicts a ‘massive recession’ but intends to eliminate the national debt in 8 years
By Glenn Kessler April 2
The Washington Post's Bob Woodward and Robert Costa sat down with Republican presidential candidate Donald Trump. Here's how the interview went. Donald Trump: “We’ve got to get rid of the $19 trillion in debt.”
Bob Woodward: “How long would that take?”
Trump: “I think I could do it fairly quickly, because of the fact the numbers…”
Woodward: “What’s fairly quickly?”
Trump: “Well, I would say over a period of eight years. And I’ll tell you why.”
Woodward: “Would you ever be open to tax increases as part of that, to solve the problem?”
Trump: “I don’t think I’ll need to. The power is trade. Our deals are so bad.”
Woodward: “That would be $2 trillion a year.”
Trump: “No, but I’m renegotiating all of our deals, Bob. The big trade deals that we’re doing so badly on. With China, $505 billion this year in trade. We’re losing with everybody.”
— exchange during a Washington Post interview, March 31, 2016
Of all the wildly impossible assertions made by Donald Trump, the notion that he could eliminate the nation’s $19 trillion in debt in just eight years ranks near the top. Trump suggests he can manage this feat simply by cutting better trade deals.
If only it were that easy. As we have noted repeatedly, eliminating a trade deficit does not mean the money ends up in government coffers. (Morever, Trump is wrong to say the trade deficit with China is $505 billion; it’s $366 billion, according to the Census..... (READ ON)
(Excerpt) Read more at washingtonpost.com ...
The UNIPARTY is like a crack-ho wife who continually cries when her hubby attempts to reduce her shopping mall trips.
How?
“The latest Chris Matthews style attack. Dickerson also did it to Trump this morning. People are going to get sick of this s*** real fast.”
I only watched about 15 minutes of their propaganda this morning, but caught that one.
Here is the letter I sent to CBS....follows is their contact addresses!
Your sponsors are being boycotted.
This morning, the DRILLING by your so called ‘reporter’ against Trump over the NON ISSUE of his campaign manager touching some phony reporter activist trying to cause trouble is DISGUSTING. Fields is at fault, and the only one…she assaulted Donald Trump! Can you even see your own video???
STOP the LIES and the endless interrogation of Trump over our made up ‘news’!
Your correspondent Dickerson was more than annoying with his ‘gotcha’ nonsense style of interview ! There are real problems in this country! CBS concentrates on RUMOR!
Enough of this crap already! We will protest in front of your corporate offices! YOU, the main stream media is the biggest threat this nation has!
NEVER will we watch CBS again! NEVER. This will go viral, count on it. http://audienceservices.cbs.com/feedback/feedback.htm
https://www.facebook.com/johnfdickerson
Hear ! Hear ! We would ALL be happy.
Perhaps you have forgotten that Congress decides how much to spend, and on what? Either Trump or Cruz may make progress on the debt and deficit, but neither will be able to do much on their own.
Get back to me when Trump agrees to eliminate every unconstitutional agency and program, including the socialist “entitlement” programs of the New Deal and the Great Society, and the Fed, and the IRS.
Until then, his claims are laughable.
only the cultist could believe this crap.
10,000 boomers are retiring everyday and going on SS, yet only 2,000 per day enter the workforce.
What Trump is saying is absolute BS electioneering
Way to go!
Well - except for the people losing their goodies, etc. And that would include many of his supporters. But it is still the most worthy idea he has. But the American people would never put up with it. They all like their goodies paid for them by others, to allow it to happen.
I don’t think I’ll live that long. I have paid in A BUNCH.
Did Trump give specifics in the interview ? It could be he is confusing the debt with the deficit ?? Although I doubt anything will be done about that either if entitlements and military spending are off the table in the midst of a massive recession.
We'll never know because they kept interrupting him...apparently its the new attack media tactic.
Social programs are killing the country, and are a large part of why the deficit is close to exponential growth. Look at the website link in my tagline: every deficit dollar spent goes to social programs. Put another way, government receipts and expenses would balance out if not for the social programs.
Social programs are a cynical invention of politicians designed to make people dependent on government for survival, in order to guarantee that they will continue to vote for the politicians enslaving them.
Do you really think that the people currently enslaved by government social programs are going to be better off in an economic collapse that results in the government not being able to continue any social programs? Or will people be better off by growing the economy, reversing the policies that have led to jobs leaving the country, and growing the workforce?
I am utterly amazed by people saying on a conservative website that they want to keep liberal/socialist programs and denouncing the one guy whose campaign is built around fixing the problems!
You bet. Just like the leftist told all it was impossible to secure our own borders...
Government wastes hundreds of billions per year, which do not in any way benefit the American people, and in fact cause more decline. In fact, I’d bet we can also eliminate 500,000 bureaucrat positions with little effort.
Trump can sure do a better job than any other candidate because the Establishment Uniparty will do NOTHING BUT SPEND SPEND SPEND.
You can count on that.
Sorry, but stopping unconstitutional government spending and cutting the size of government CAN be done quickly and is certainly not nonsense except to those who love our $4 trillion mostly unconstitutional government.
Yeah...it can be done following your suggestion...but that is not what Trump is suggesting and by following his suggestion and ideas...it’s absolutely impossible.
Social Security is not an entitlement?
Bandwagon fallacy.
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