I applaud you.
The growth you are citing is private sector growth. Of course this would yield more money into the Treasury, Reagan and JFK proved that out. But......Trump has vowed not to touch SS or Medicare.
There is no way with a deficit of $20T+ that GDP growth alone can sustain those programs unless you reform them and kill the fraud.
I'm sorry dude, Trump has some excellent growth and economic ideas but his liberal slip shows from time to time.
Not saying he can't accomplish anything. I'll vote for him for sure if he gets the nod. Just saying his rhetoric and reality sometimes just don't match up.
Thank you for the nice comments and the dialogue.
Trump has spoken out about a $21 trillion dollar ceiling above which he thinks the United States will be at a tipping point.
If anyone will ever take a hard look at welfare and do what needs to be done, it would probably be him. About 80% of it needs to be done away with. The free ride cannot continue as it has from the late 60s early 70s. I think he knows that.
Would it be wise to address that right now? No. I also think it needs to be approached in a reasoned manner. Tell able bodied people on welfare that it is going to end in three or four years, and then reduce each paycheck by 1/36th or 1/48th depending. At the end of that time, we only have 20% of the current welfare roles, and only that for people who have clear reasons why they will never be able to work.
We need to take a hard look at the Social Security roles, and ween people off who never worked a day in their lives. The particularly foreign born, need to be disassociated with SS.
Trump is bringing in a high level team of financiers to help him get the budget under control.
Now this is dependent on him increasing jobs in the U. S. too. We can’t just toss folks on their nose and continue to have the non-working we do today.
We need a full employment condition here, and I think Trump understands economics and job growth better than just about anyone.
He doesn’t address these things, but they will invariably come up under the scrutiny his financial team will be giving the federal budget.
It’s about time.
I can’t say that he’ll do any of this. What I can say is that he has indicated there will be an environment where this sort of things is more likely to be addressed than at any time in the 65 years.