General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's Budget-a wild ride into oblivion
Militarism, a border wall and cutting the EPA's budget by 26% are all in there with non-sensical revenue and growth projections. Oh, and don't pay any attention to the three consecutive years of shrinking economic growth-I'm sure we'll hit Trump's fantasy of 6% GDP growth any year now. It's the greatest economy in the history of ever!
If you love more federal debt, endless wars using antiquated technology and breathing dirty air, then boy oh boy has Donald Trump got a budget for you.
His new plan to spend $4.8 trillion in the 2021 budget year, which begins Oct. 1, continues his massive military spending with severe cuts to almost everything else, especially the Environmental Protection Agency.
His spending plan also anticipates a surge of economic growth, something Trump promised voters but has failed to achieve.
Instead, the Trump era has brought slowly declining economic growth, as we have had the last three years. Notice in the White House graphic below that the red line, actual performance, shrinks each year.
Keep in mind that Trump says he is a financial genius who studied at the best finance school, Wharton. (He didnt. He took real estate economics as an undergraduate and never attended the famous graduate business school.)
It looks more like Trump attended school in the mythical Pleasantville where the books had blank pages?
That mythical town required that schools teach the non-changist view of historyemphasizing continuity over alteration.
https://www.dcreport.org/2020/02/11/trump-wanders-happy-go-magic-land/
lame54
(35,317 posts)Newest Reality
(12,712 posts)That is one of the best, short and concise rundowns on the budget as formulated by Trumpian De-economics for the Deconstructionism of America! Go! USA! USA! USA! What do you wear to a debacle of downward despair?
Keep America Gaunt!
Thanks!
onethatcares
(16,178 posts)it's what's for breakfast..................................if you can get to the diner dumpster early enough.
and to think there are ads on the teevee machine that will encourage a leaner meaner you.....and you pay to eat jellycrags starvation
diet delivered by those job creator. Amazon.
USA USA USA