Politics Trump’s 2019 Budget Underestimated New Debt by $2.3 Trillion, CBO Says

Discussion in 'Blazers OT Forum' started by SlyPokerDog, Jun 9, 2018.

  1. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  2. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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  3. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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  4. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    Funny how much the Republicans in the house and senate have long talked about lower the national debt.
     
  5. riverman

    riverman Writing Team

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    That's a lot of porn star payolla
     
  6. oldfisherman

    oldfisherman Unicorn Wrangler

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    I believe the plan is to create a high rate of inflation. Then use cheaper dollars to pay off old loans.

    Start up the printing presses.

    Oh, and sometimes Trump sounds like a democrate.
     
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  7. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Hey, that was all in good fun.
     
  8. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    Hey, I'm all for inflation it it means I can A: pay off my student loans and B: buy houses left and right like we're Detroit...
     
  9. MARIS61

    MARIS61 Real American

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    OMB projects real GDP growth averaging 3 percent over the next decade while CBO's Since GDP Growth Rate in the United States averaged 3.21 percent from 1947 until 2018, reaching an all time high of 16.90 percent in the first quarter of 1950 and a record low of -10 percent in the first quarter of 1958.

    Since GDP Growth Rate in the United States averaged 3.21 percent from 1947 until 2018, the OMB's projection is conservative while the CBO's projection is obviously not based in anything resembling reality.
     
  10. MARIS61

    MARIS61 Real American

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    Every time I hear someone bitch about paying off their student loans I realize there really is a sucker born every minute.
     
  11. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    I can't say I disagree with that. The older I'm getting the less I've felt my college education was worth the money I spent.
     
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  12. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    It depends on what the loan was for and the aptitude of the student.
     
  13. riverman

    riverman Writing Team

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    hopefully you'll never need heart surgery from a self taught surgeon who didn't waste money on an education
     
  14. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    That doc probably isn't bitching about his student loans. His Maserati loan? Maybe.

    Edit... A real surgeon obviously
     
  15. riverman

    riverman Writing Team

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    Trump University.jpg
     
  16. riverman

    riverman Writing Team

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    I used to play tennis with a lot of those guys and...yeah...they bitch about the cost of education.....also they drive BMWs almost exclusively....won't find a real American car in the lot amongst that crowd
     
  17. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    Rich docs bitching about the loans are bitching like HCP does when his ice cream only fills half the bowl. Not the end of the world.
     
  18. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    I can say the opposite. Albeit, my degree is in engineering rather than liberal arts. I now live in a very nice home in Lake Oswego with substantial investments at Merrill Lynch. All this in spite of being totally disabled for the last two decades.

    You've got to pick the right course and work hard.
     
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