General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDonny has a debt problem, a YUGE debt problem!
How's he going to get America out of this jam? He's made the problem worse instead of better.
Link to tweet
Link to tweet
True Dough
(17,314 posts)"And yet, Trump decided federal civil servants are denied a pittance of a raise because, the federal government would run out of money. You see, in Trumponomics a trillion dollars or so for the 1% represents wise and judicious expenditure of tax monies."
Iliyah
(25,111 posts)economically too. He was and is always a horrible business person. The people around him are too. The GOP congress sucks.
Vote them out, but in the meantime, we are effed.
Achilleaze
(15,543 posts)freaking republicans have pissed all over America's economy and honor.
TreasonousBastard
(43,049 posts)the campaign promise was just an overused line of bullshit that his supporters were too stupid to understand,
Since being elected, he has proclaimed that debt is a good thing, which his supporters, still stupid, took at face value, maybe thinking of mortgages or car loans.
To a normal business or government debt is one of many tools to raise money for the short or long term. But, there is a huge difference between strategic debt or bridge loans and paying your grocery bill with a credit card because you overspent.
Trump's business plan has always had one little wrinkle with debt-- he never understood that you have to pay it back, and he often didn't.