Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Larry Kudlow: Trump won't pay down any of the national debt
Washington Examiner ^ | April 29, 2019

Posted on 04/29/2019 10:51:27 AM PDT by deplorableindc

White House chief economic adviser Larry Kudlow told reporters Monday that President Trump is unlikely to pay off any of the national debt, currently at $22 trillion.

"Whoa, whoa, it doubled under the prior eight years," Kudlow said on the White House driveway, downplaying Trump's responsibility for the current level of debt.

"Yes, it's gone up a bit," Kudlow conceded, but he argued that "growth is the solution to any debt issues that might be on the table — and so far, so good. Let's just keep the policies in place."

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


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: debt; larrykudlow; nationaldebt; trumpeconomy
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 121-126 next last

I also blame Paul Ryan and Mitch McConnell.


21 posted on 04/29/2019 11:13:42 AM PDT by TakebackGOP
[ Post Reply | Private Reply | To 19 | View Replies]

To: oust the louse
Why would we elect another Republican if we keep doing the same things over and over that Democraps do? Pay it down for gawd sakes....

The debt is important but don't lose your mind over it. When push comes to shove, we will declare that, "We ain't payen" and China can send over the missiles.

22 posted on 04/29/2019 11:14:21 AM PDT by USS Alaska (Nuke all mooselimb terrorists, today.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: deplorableindc

Isn’t that Congress’s job?

JoMa


23 posted on 04/29/2019 11:17:13 AM PDT by joma89
[ Post Reply | Private Reply | To 1 | View Replies]

To: entropy12
> Federal Reserve’s interest rates are already much lower than real inflation rate. <

Shh. You're not supposed to mention the real inflation rate. You're only supposed to mention the heavily-manipulated core inflation rate.

Meanwhile, the price of a box of cereal increases as the net weight gets smaller.


24 posted on 04/29/2019 11:17:39 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: entropy12

Federal Reserve’s interest rates are already much lower than real inflation rate.

...

Source?

Why don’t the market rates paid on government debt reflect your real inflation rate?


25 posted on 04/29/2019 11:29:24 AM PDT by Moonman62 (Facts are racist.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: deplorableindc

in other breaking news.....the sun will rise tomorrow morning


26 posted on 04/29/2019 11:29:50 AM PDT by wny
[ Post Reply | Private Reply | To 1 | View Replies]

To: jpl

Growing the economy is certainly important. But I say that if you need to borrow a trillion dollars a year in order to grow the economy,

...

The debt is to feed government spending.


27 posted on 04/29/2019 11:32:56 AM PDT by Moonman62 (Facts are racist.)
[ Post Reply | Private Reply | To 17 | View Replies]

To: circlecity

Of course it’s no happening. Nobody expected the increase from the tax cuts to happen over night.

Two or three years from now, we hope to see much more IRS receipts. As those receipts go up, if spending levels out, we should see a narrowing of the deficits each year.

We don’t control the House right now. Sadly.

If Ryan and McConnell had gotten off their asses and passed the tax cuts a year earlier, we could be seen better returns sooner.

Hey, they were too busy to be bothered with faster better legislation.


28 posted on 04/29/2019 11:37:20 AM PDT by DoughtyOne
[ Post Reply | Private Reply | To 15 | View Replies]

To: Moonman62

The spending train left the terminal years ago. The state bird in Washington, DC is the crane. They are reproducing at a rapid pace with no end in sight. Hold for terminal impact.


29 posted on 04/29/2019 11:38:02 AM PDT by gathersnomoss (Grace and Dignity Will Win The Day.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: lurk

You are wrong they use that word whenever they lower the rate of growth in any pet spending.


30 posted on 04/29/2019 11:38:44 AM PDT by pas
[ Post Reply | Private Reply | To 3 | View Replies]

To: deplorableindc

Strange, I thought that job would be the legislatures ...

I suppose as executive Trump could just ELIMINATE whole agencies/departments - order them shut down and dismantled.

That’s a fine idea.


31 posted on 04/29/2019 11:40:17 AM PDT by elbook
[ Post Reply | Private Reply | To 1 | View Replies]

To: deplorableindc
The mistake was going along with Traitor Ryan. Infrastructure should've been the first thing in place. Instead of continuing to fund (and blow up) the world, money should have been spent on building the US. That would've had as much impact on the economy as the tax reform bill. The job improvement came mostly from less regulation and bringing some industry jobs back.

If President Trump hadn't been talked back on NK, that new economy would be a great partner for our economy.

32 posted on 04/29/2019 11:43:29 AM PDT by grania ("We're all just pawns in their game")
[ Post Reply | Private Reply | To 1 | View Replies]

To: elbook

Many are established by legislation. Legislation is what it would take to disestablish them.

I am actually surprised OPM doesn’t fall into that category!


33 posted on 04/29/2019 11:45:43 AM PDT by Reily
[ Post Reply | Private Reply | To 31 | View Replies]

To: deplorableindc
White House chief economic adviser Larry Kudlow told reporters Monday that President Trump is unlikely to pay off any of the national debt, currently at $22 trillion.

Ya think? When you're running up the debt to the tune of a trillion dollars a year it's hard to pay it down.

34 posted on 04/29/2019 11:46:35 AM PDT by DoodleDawg
[ Post Reply | Private Reply | To 1 | View Replies]

To: circlecity

When it collapses, we’ll hear more of Modern Monetary Theory. Just put more of spending credits in people’s accounts, and not worry about debt. It’ll only be a problem for us little folk who will lose all freedom to get ahead in life.


35 posted on 04/29/2019 11:46:57 AM PDT by grania ("We're all just pawns in their game")
[ Post Reply | Private Reply | To 15 | View Replies]

To: Moonman62
"...real inflation rate..."

Everybody has their own market basket and hence their own inflation.

36 posted on 04/29/2019 11:47:41 AM PDT by Paladin2
[ Post Reply | Private Reply | To 25 | View Replies]

To: DoughtyOne
Hey, they were too busy to be bothered with faster better legislation.

Like trying to get rid of Trump.

37 posted on 04/29/2019 11:52:59 AM PDT by COBOL2Java (AOC: The brain of a tea bisquit)
[ Post Reply | Private Reply | To 28 | View Replies]

To: DoughtyOne
Two or three years from now, we hope to see much more IRS receipts. As those receipts go up, if spending levels out, we should see a narrowing of the deficits each year.

I would suggest that you have a better chance of hitting the Powerball than that happening.

38 posted on 04/29/2019 11:56:55 AM PDT by DoodleDawg
[ Post Reply | Private Reply | To 28 | View Replies]

To: COBOL2Java

Oh they all had time for that...


39 posted on 04/29/2019 12:17:21 PM PDT by DoughtyOne
[ Post Reply | Private Reply | To 37 | View Replies]

To: DoodleDawg

Hopefully we’ll get the House back in 2020.

If not, I can assure you you’re right.

Look, Newt and company gave us one or two years of level budgets in the late 90s.

It’s not impossible. It’s just nearly impossible to get them to do it.


40 posted on 04/29/2019 12:19:10 PM PDT by DoughtyOne
[ Post Reply | Private Reply | To 38 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 121-126 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson