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TheMastersNemesis

(10,602 posts)
Mon Aug 8, 2016, 06:14 PM Aug 2016

GOP/Trump Economic Plan A Fraud Meant To Bankrupt USA.

Just more Reaganomics or "trickle down" economics on super steroid. Gasoline to a conflagration. All Reagan economics and tax cuts have brought US is $19 trillion debt. Trump's plan would be $30 trillion over time. And the fraud is that the GOP wants completely bankrupt the country and leave ONLY money for DOD and Homeland Security just like the conservatives and libertarians want. They want all other programs shut down or privatized sold off to the lowest bidder.

The corporations won't bring money back even with low tax rates and they won't create good paying jobs either. The real truth is our corporations have abandoned the US and do not need American consumers anymore. 350 million American is small potatoes compare to the 6.5 billion plus other workers and consumers for the global market. American CEO's have showed as much and a few years ago one fortune 500 CEO publicly stated such a fact.

Corporations want Americans to work for less and accept the "new normal" and be just like the third world workers. What is sad is American voters voted themselves into this position since Reagan.

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GOP/Trump Economic Plan A Fraud Meant To Bankrupt USA. (Original Post) TheMastersNemesis Aug 2016 OP
I doubt Trump's plan extends beyond November 2016. nt Xipe Totec Aug 2016 #1
It seems to be a cluster of words strung together to sound like a plan Johonny Aug 2016 #2
I agree Trump's plan sucks, but I don't think corporations plan on abandoning America, Europe, etc., Hoyt Aug 2016 #3
republican economics = great recession 2007..... spanone Aug 2016 #4
Insanity as defined by Ben Franklin jpak Aug 2016 #5
TINKLE down cubed. pansypoo53219 Aug 2016 #6

Johonny

(20,867 posts)
2. It seems to be a cluster of words strung together to sound like a plan
Mon Aug 8, 2016, 06:22 PM
Aug 2016

There's lots of tax cuts, promises of child care relief, killing Obamacare, killing trade deals, raising tariffs, cutting waste, more coal and more drilling. This isn't so much a plan as words strung together to make it sound like a plan. Is investing heavily in coal really a sound plan going forward for the US? Is getting rid of clean water really a sound plan going forward. Will his child relief come at the expense of deductions, a standard deduction or a credit or what? He doesn't know, doesn't care, probably doesn't remember what he just read off the teleprompter already.

 

Hoyt

(54,770 posts)
3. I agree Trump's plan sucks, but I don't think corporations plan on abandoning America, Europe, etc.,
Mon Aug 8, 2016, 06:35 PM
Aug 2016

because they'd be selling products in the other counties at 20% or less of what they can sell them for now. It is true, that long-term the new markets are elsewhere, but they aren't interested in abandoning markets with the wealth to buy their products. The other side to that is that America and Europe will not progress if they give up the emerging markets. Not to mention that the emerging markets offer leverage against China.

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