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originally posted by: Plotus
32 topics on Above Top Secret, and 9 of them are Trump topics.
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May we live in interesting times..
originally posted by: ladyinwaiting
Trump supporters need to seriously examine what a Trump Presidency might look like in terms of our financial status.
In making his bold call, Ian Winer first looks at Trump's proposal to cut taxes on the highest-earnings Americans and on corporations, which according to different sources, would reduce government revenue by something in the neighborhood of $10 trillion over the next decade.
On the spending side, Trump has promised to bulk up the military and bolster the country's infrastructure, which could lead to increased rather than reduced expenditures.
Concerning massive deportation and it's effect on the economy:
The second policy plan Winer analyzes is one of Trump's best known — his promised mass deportation of undocumented immigrants. Not only will this cost a great deal of money to carry out, but it would massively deplete America's labor supply, Winer said.
"If you assume that every one of the 11 million people leave, and for every one of those jobs an American takes it — which probably is not likely, but let's just say they do — they're going to be higher-wage jobs," Winer said. That would "cut into corporate margins, and at the end of the day, it's just going to result in higher prices for consumers when they go to Wal-Mart and when the go to buy things."
About his high tariff's on Imports:
Finally, Winer takes a look at the tariffs proposed by Trump on imports from China, Mexico and elsewhere.
"All this would do would be to raise prices on the poor," as it would directly increase the prices of goods, Winer wrote. "All it really does is impose a tax on U.S. consumers."
Some experts are even saying his proposed policies could cause a global recession.
Source: www.cnbc.com...
Some of his proposals sound pretty good until you begin to examine what they actually mean.
originally posted by: spirit_horse
The thing is they said the same thing before about cutting taxes bringing in less money. However, what happened was the revenue actually increased for the government. The reason is more paid their taxes and business was more likely to invest and expand while paying less taxes. There is always the same scare tactics used by the left or right. It is predictable to a degree what they are going to say.
I will say this, My feeling is Trump is much more likely to start a program of cutting out waste than the left. I have seen reports on how up to 10 agencies may be doing repetitive work that is just waste. You have employees that go to work and play on the computer all day because they have nothing to do. If this waste was cut out it would help pay for strengthening the military.
How Trump plans to have medical care for all is one thing I am concerned about. We already see the disaster Obamacare has wrought upon the people. How you can pay to cover everyone and bring any fiscal discipline to the bloated government is something I want to hear more about.
originally posted by: burgerbuddy
Drugs and medical equipment prices are outrageous, for one thing.
He could do something about that, he's said as much.
He will open the competition for insurance companies across state lines. It will drop prices right there.
As for the details? Will have to wait for more i guess.
originally posted by: awareness10
a reply to: Hazardous1408
America is already in debt for trillions, i believe it's already 'Broke'.
originally posted by: theantediluvian
a reply to: jellyrev
There may be up to 30 millions illegals in the US by some estimates. 70% of hispanic immigrant households are on welfare
Perhaps you'd care to share the source of these "estimates?" If you can't back those figures up with relevant research, I can only assume you're at best repeating unsubstantiated claims you've heard before. The only thing I can really think that might come close is propaganda from CIS which has been thoroughly and I mean thoroughly debunked. I would be happy to do so again in this thread.
It amazing that somehow leftist side with luddites when concerning illegal immigration.
If you actually knew what Luddite meant, you'd realize how ironic that statement is.
originally posted by: ladyinwaiting
a reply to: xuenchen
I think Adobe bricks made in Mexico are the appropriate material.
Hi Xue. Adobe bricks? You think those are strong enough to hold out those hoards of foaming at the mouth rapists and murderers Trump is so afraid of? (They were here all morning cutting my grass and running weed-eaters and leaf blowers and I took them 7-ups and we cracked jokes). They neither raped nor murdered me.
Maybe bricks made from donkey dung?
You do know there will be no wall? We don't even NEED a wall. It's madness.
originally posted by: awareness10
a reply to: BlueAjah
Yes, not to mention that College which they absolutely require of you for quality jobs never happens for many. Debt is the only thing you end up with, and i believe there was a thread about them arresting college students for not paying their debts. Will have to find that again.
The economy is a mess and inflation is being done on purpose to crash the system.