Quote:So much misinformation in this post. Eric, do you actually comprehend what you read or do you just interpret it like a 3rd grader?

 

If you have ever, ever run a business, you would know that debt management is a HUGE part of operation. Almost nobody has cash to immediately start, run,  or fund a businesses. Every national and multinational business you have ever dealt with has debt that is managed. Whether it is through banks or investors. The United States takes on huge amounts of debt. Don't you want someone who is good at managing that debt? That is what Trump is talking about. Debt management. He is the king of debt management. Otherwise, he wouldn't be a billionaire. I know you are smarter than you put on, so please try and think a little deeper next time. And he is absolutely right that we don't have to default because we DO print our own money.

 

"If interest rates go up, we can buyback debt at a discount if we are liquid enough as a country. People say I want to default on debt - these people are crazy. First of all you never have to default because you print the money I hate to tell you, so there is never a default. It was reported in the NYT that I want to default on debt - you know I am the king of debt, I love debt, but debt is tricky and its dangerous. But let me just tell you: if interest rates go up and bonds go down, you can buy debt - that's what I'm talking about. So here is the story, if we have an opportunity where interest rates go up and you can buy back debt at a discount. I always like to be able to do that if you can do that. That's all I was talking about, they have it like I'm going to go back to creditors and I am going to renegotiate or restructure debt. It's ridiculous."

 

Oh no, someone who actually knows how financing works. As for his tax plan, read this https://www.donaldjtrump.com/positions/tax-reform (I feel like I have mentioned this before, but libertarians are a fickle bunch). As for tariffs, I will probably never convince you otherwise, but free trade isn't very free when its managed by the WTO and NAFTA. It has to be reigned in otherwise wages will never in our lifetime improve in the United States.

 

His talk about raising taxes on the highest income bracket is based on his own plan. His plan says he cuts that bracket from 39 to 25. He could raise it from 25 to 30 or 35, but it would still be lower than 39. He is open to negotiation. You would know this if you didn't just read headlines or listen to The_Hillaryman and did your own research.

 

Managing the national deficit is not the same as managing any business or start up business no mater how many vague analogy's you try and paint. The reality that we can print money doesn't change the effects of printing the money. That's been the ENTIRE argument from the right for the last 3 decades, that printing money instead of cutting spending leads to inflation and taxation. Now your all the sudden ok with actions like QE because that's exactly what Trump is talking about, continuing and possibly even stepping up QE. I'm pretty sure you've been on here rightfully arguing against these kinds of actions that Obama has taken while in charge, why the hell would it be ok for Trump to do it?

 

As for his "negotiating"  comments I seem to remember a conversation where you proudly displayed his tax cuts in his plan. It was a shinning example of his true conservative core agenda. Yet he's already back peddling, and he isn't firm on the top rate being less than 39% he's saying its ALL negotiable. 

 

Take a step back and look at the big picture, forget WHO is floating these ideas. He is on multiple fronts putting together possible the worse fiscal policy ever proposed by a presidential candidate. It's almost as if he is trying to find NEW ways to increase the cost of goods across the board, hmmmmm

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