This is what happens when you vote in the, “king of debt”
by 8-bit-Felix
This is what happens when you vote in the, “king of debt”
by 8-bit-Felix
14 Comments
King of busted businesses.
– New Jersey Generals (1983–1985)
– Tour de Trump (1989–1990)
– Trump Taj Mahal (1991)
– Trump Plaza Hotel and Casino (1992)
– Trump Castle Hotel & Casino (1992)
– Plaza Hotel (1992)
– Trump Shuttle (1989–1992)
– Trump: The Game (1989/2004)
– Trump Hotels & Casino Resorts (2004)
– Trump Entertainment Resorts (2009)
– Trump Steaks (2007)
– Trump Vodka (2006–2011)
– GoTrump.com (2006–2007)
– Trump Mortgage (2006–2007)
– The Trump Network (2009–2012)
– Trump Magazine (2007–2009)
– Trump University (2005–2010)
– The Trump Institute (2005–2009)
We’re looking more and more like the UK in the late 70s. We’re going to end up with Thatcher style austerity measures
This one confuses me a lot. You cant borrow money to prevent yourself from becoming insolvent or get yourself out of insolvency.
Not to worry! Trump is an expert at declaring bankruptcy. He’ll just do that by signing an executive order, all our creditors (including the Social Security fund) will immediately write off the debt, and the U.S. can start over with a brand new credit card! Easy, peasy!
That is how republicans envision funding the government.
Lower taxes on the wealthy so they can lend the money to the government and get a return on their investment buying treasury bonds.
“See how great it is we’re running the country like his businesses?”
The issue isn’t that debt is rising, – countries don’t tend to generate profit because they shouldn’t be run like companies, and should prioritise humans over profit. My issue is that the debt increased because of pointless expenditure. It feels almost like a self-serving presidency.
If we didn’t give tax cuts to the rush and mega-corps we would be doing fine, even if we went back to 90’s or early 2000’s era taxes we would be doing alright
I’m old enough to remember when Clinton had us in a budget surplus. Greenspan and NYTimes convinced everyone that was a bad thing (i.e. by not deficit spending we would not be stimulating the economy enough). Deficit reduction is always a right wing/centrist tool to try to cut social security etc, so we have more money to give tax cuts to the rich.
I wonder if this helps ppl understand that a lot of the debt America owes is to the people. They “borrow” from us and never pays it back just gives it to the ultra rich and we never see it again in our community the way taxes is supposed to be used
What does solvent mean?
Remember when Trump said he knew how to balance the budget and that it would be easy? He also said he would build the wall and get Mexico to pay for it. Now he said he’s going to build the ballroom with donated money while also going to Congress saying it’s going to cost over $1 billion.
running the country like a [trump] business = running it into the ground and going bankrupt.