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.

 

Read the part in bold and show how much he wants interest rates to increase.  While I would like to see an increase, rates can't go up high enough to "buy back" debt at a reasonable price.  There is a fine line when it comes to interest rates.  If rates go up and bonds go down in a slow economy like we are in, say hello to more inflation and fewer jobs.  Bond prices are very important when it comes to retirees or people nearing retirement.

 

 

Quote:I'm sure someone is going to need to maintain everything. These people will be compensated fairly.


As for the ever changing demands of the labor market, maybe we should have affordable public universities and free community/vocational colleges to train the work force to stay competitive...


Novel ideas, I'm sure. Ideas an Eisenhower republican could really get behind.

 

I agree... but it's not going to be people that currently ask "do you want fries with that?".

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