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Trump takes back claim he could eliminate national debt
The Hill ^ | 04/22/2016 | Harper Neidig

Posted on 04/22/2016 6:33:08 PM PDT by GIdget2004

Republican presidential front-runner Donald Trump this week walked back his assertion that he could eliminate the country's debt after two terms as president.

In an interview with Fortune Magazine published Friday, Trump was asked how his pledge to pay off the $19 trillion debt in 10 years was possible.  "No, I didn’t say 10 years," Trump responded. "First of all, with low interest rates, you can think in terms of refinancings, and get it down. I believe you can do certain things to pay off the debt more quickly. The most important thing is to make sure the economy stays strong. You can do it in smaller chunks. You can do it in larger chunks. And you can do it in refinancings."

Trump had, in fact, told The Washington Post editorial board earlier this month that he would pay off the debt in eight years by renegotiating trade deals. The Post called that claim "nonsensical."

His plan was also derided by budget hawks, who called it ridiculous.

Trump added in the Fortune interview that he now wants to pay off a "percentage" of it, but he hasn't decided what that figure would be.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: loltrump
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To: Mechanicos

“The debt increased from 17 to 21 Trillion...”
****************************************************
Not to worry. Even though the Donald now says he was just kidding about paying off the national debt...he also now says he’ll just “refinance it”.

Yeah, that’s the ticket. He’ll roll it over, Baby...let some other schmuck think about paying it off sometime down the road.


81 posted on 04/22/2016 7:27:03 PM PDT by House Atreides (TRUMP or CRUZ --- The 1st one to get to 1237 gets the Nomination Brass Ring...PERIOD)
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To: central_va

What’s the current deficit? ...even disregarding the side effects and drops in realizing taxes?


82 posted on 04/22/2016 7:27:27 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: HiTech RedNeck

“Down to three or four decimal places, the weirdos that will be in women’s rooms will never harm another girl in them”

You do not seem to understand that the actions of doing this are creating out of our youth much more inclinations to practice this immorality.

This is escalating this behavior by desensitizing until we look like Holland.

And those statistics you trumpet will look very minor in time.


83 posted on 04/22/2016 7:27:55 PM PDT by doldrumsforgop
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To: House Atreides

Getting the GDP up certainly will help; currently the debt is 108% of GDP.


84 posted on 04/22/2016 7:28:07 PM PDT 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: central_va
The USA imports approximately $1.6Trillion per year. A 20% across the board import tariff eliminates the deficit tomorrow.

Assuming we call all afford to keep buying the same stuff when the price goes up 20%. Don't see that happening.

85 posted on 04/22/2016 7:29:07 PM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: doldrumsforgop

No, the lack of Christ in our churches is doing this evil. You might want to look good and hard as to whether this is so even in YOUR church.

Jesus never said subject society to Skinnerian psychology via Caesar and thereby win souls.


86 posted on 04/22/2016 7:29:35 PM PDT 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: HiTech RedNeck

“In the meantime, molestation remains illegal and will be cracked down on hard not just by police but even by fellow prisoners. “

1. being illegal is not what is important. murder is illegal too but does that keep someone getting murdered?

What is important is to stop encouragement, like allowing men in girls rooms.

2. as far as your second point on being cracked down on, if this country allows illegals to get away with it, do you really think real americans will be prosecuted? see link.

http://www.judicialwatch.org/blog/2015/06/illegal-alien-rapists-child-molesters-freed-in-u-s-instead-of-deported/


87 posted on 04/22/2016 7:33:15 PM PDT by doldrumsforgop
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To: House Atreides

That like your guy selling out Americans every chance he gets?


88 posted on 04/22/2016 7:33:38 PM PDT by Mechanicos (Trump is for America First. Cruz is for America Last. It's that simple.)
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To: doldrumsforgop

That’s exactly why we should stop the illegales who have harmed more people than trannies ever have. And who’s been gathering a greater consensus on this than Donald?

And illegales are not pre-crime. They are crime. Quail about the crime before you quail about the pre-crime.


89 posted on 04/22/2016 7:35:30 PM PDT 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: House Atreides

How much is currently financed at high interest rates?


90 posted on 04/22/2016 7:36:21 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: doldrumsforgop

And anyhow now you are speaking of the limitations of law. You have now argued in a mirror against what you were supposedly being a proponent of.


91 posted on 04/22/2016 7:36:26 PM PDT 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: HiTech RedNeck

“No, the lack of Christ in our churches is doing this evil. “

we found agreement. You guessed completely incorrectly about my church, however.

You should not be jumping so fast to assumptions.

and the last sentence needs deciphering.


92 posted on 04/22/2016 7:36:39 PM PDT by doldrumsforgop
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To: HiTech RedNeck

“And anyhow now you are speaking of the limitations of law. You have now argued in a mirror against what you were supposedly being a proponent of.”

That needs explanation as well.


93 posted on 04/22/2016 7:37:19 PM PDT by doldrumsforgop
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To: HiTech RedNeck

“pre-crime.”

And that is also a new term I had never heard, and needs some explanation.


94 posted on 04/22/2016 7:38:13 PM PDT by doldrumsforgop
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To: doldrumsforgop

How do you know I guessed incorrectly about your church?

I think those who say their church needs palpable improvement are those who have the best ones of all. Because consciences are awake.


95 posted on 04/22/2016 7:38:17 PM PDT 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: doldrumsforgop

Google it up, and I mean it in all seriousness.


96 posted on 04/22/2016 7:38:44 PM PDT 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: HiTech RedNeck

“Google it up, and I mean it in all seriousness.”

Which of the three explanations?

You lack context to say something like that.


97 posted on 04/22/2016 7:39:44 PM PDT by doldrumsforgop
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To: GIdget2004

Just getting to the point where we stop adding to the deficit would be a tremendous victory, and would be an accomplishment few have done since Keynesian theft by politicians became popular.

And another important factor is he realizes it’s about economic growth from the private sector, not government growth as has been popular with the architects of our $20 trillion deficit, W and Obama.


98 posted on 04/22/2016 7:40:08 PM PDT by Moonman62 (Make America Great Again!)
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To: doldrumsforgop

To what I just replied to. Follow the link.


99 posted on 04/22/2016 7:40:09 PM PDT 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: LMAO

In Trump’s defense though,. I don’t think it’s so much moving left as actually having no idea what he’s talking about. When he said he could pay off the debt in eight years, he didn’t do the math. He was just saying what sounded good.

How people can be taken in by him is beyond me.


100 posted on 04/22/2016 7:41:43 PM PDT by Beernoser
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