Thursday, December 1, 2016
Cutting taxes, spending more = doesn't add up
A budget watch group wants to know how POTUS-elect Donald Trump is going to pay for massive increases in spending (military, infrastructure) while at the same time instituting ginormous tax cuts.
Answer: didn't work for Reagan, didn't work for George W. Bush, won't work for Trump. No matter what pie-in-the-sky supply siders say.
Budget group tells Trump: pay for your plans
"The president-elect has contradicted himself in comments on the deficit on the campaign trail.
In some speeches, he condemned federal spending, promising to eliminate national debt within eight years.
But he also outlined a dizzying array of new programs and tax cuts, sometimes in the same campaign speech. He’s called for a huge increase in defense spending and vowed to spend more on infrastructure than even his campaign rival Hillary Clinton had committed to do."
So, to put it simply, Donald showed us how to win elections. Tell the people what they want to hear, even if it's a lie and the numbers don't add up. And Donald lied all the time.
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