Since you pointed out how smart you are I figured I would help you keep that persona in check.
“Their pretty much complete silence as Trump over and over names cranks and cronies and crooks”. You used their wrong, should be “they’re”
Trump’s new Sec of Treasury 3-3-3 plan
- Thread starter BrunoMars420
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“Their pretty much complete silence as Trump over and over names cranks and cronies and crooks”. You used their wrong, should be “they’re”
Reminds me of the old banking plan. They called it 3-6-3 banking.
Pay 3% on deposits, loan money out at 6% and play golf at 3.
Pay 3% on deposits, loan money out at 6% and play golf at 3.
Thanks
Trump’s Tax and Tariff Ideas: Details & Analysis
We estimate Trump’s proposed tariffs and partial retaliation from all trading partners would together offset more than two-thirds of the long-run economic benefit of his proposed tax cuts.taxfoundation.org
That’s the details.
We the consumer will pay for the laughable tariffs at the check out lane. The man is an absolute Idiot.
Most of the administration is new. Not many holdovers from first 3 years. Several of his cabinet members are light on experience. And experience is the best teacher. Facts are most of your time is spent managing Trump and his whims. Trump is more focused on spin than the overall big picture of governing.
It will be the same as last time going from one self created drama to the next.
Wrong again. "They're" is a contraction of "they" and "are". Would be an incorrect usage here. "Their" is a possessive pronoun which is why I chose it.
I could be wrong and used "their" incorrectly, however "you're" for sures wrong.
Again--I'm not claiming to be anything close to the most intelligent person on this board, but I know what/where you are.
AKA grifting our tax dollars to enrich themselves.
Biden was getting a 3% growth rate, with 10% inflation and a $2 trillion deficit.
Dude, you're proving my overall point about you here. You obviously have no clue as to the actual correct usage of the contraction "they're" but you're supremely confident that you do.
No, you were completely wrong in the their usage and I just confirmed your statement.
But back to your original premise on the not working with the Republicans and messaging. I believe you are wrong and doubling down on your strategy is not smart. Like way way way dumb
On the face of it, reducing the deficit isn't enough on the spending side. The budget needs to be balanced, and future spending needs to be capped at 18% of GDP until we pay down the debt to a level where debt service is no more than 10% of the budget. Military spending should be the first cut.
For those buying into the flawed notion there's not much that can be cut, baseline spending is over $3T more than it was just 8 years ago. I wonder how we managed to get by back in 2016 without that spending....
For those buying into the flawed notion there's not much that can be cut, baseline spending is over $3T more than it was just 8 years ago. I wonder how we managed to get by back in 2016 without that spending....
How would the Democrats be doubling down on some 'strategy' by not working with the Republicans? What the hell are you even talking about?
The Democrats when in or out of power are ALWAYS trying to cut deals with the Republicans, ALWAYS.
I firmly believe they should not be making deals or trying to help/normalize/legitimize a party that has turned into an authoritarian/fascist cult. The Democrats should not want any perception of linkage per voters with this trash heap of a Presidency when the voters go to the polls in 26 and 28.
Isn't the US already producing a record number of barrels per day now? This sounds more like a homage to Trump’s "drill, drill, drill" campaign promise than anything.
My guess is they’re waiting until he’s in office. Takes away the “He’s not even in office yet and the Democrats are determined to take him down!” nonsense.
If they aren’t fighting come January it will be disappointing.
“making deals or trying to help/normalize/legitimize a party that has turned into an authoritarian/fascist cult.”
^^^This strategy of calling half of America an authoritarian/fascist cult. You are doubling down on this type of messaging and language that a lot of Americans do not agree with and are turned off by it. There has been so much talk since the election on this and the phrasing and calling other humans this but it falls on deaf ears from people like you and chis. But go ahead and double down on this strategy you keep pushing.
Dems don't always try to cut deals. You don't have to go back any further than 2009 - 2010.
They will definitely be fighting come January. You can already see the groundwork of what will be the counter points on immigration, the economy, tariffs, etc… Now how Americans portray the messaging is another story.
The Dems need new Leadership to pop up and take control of that party imo. They have some good people that can make a difference. They seem to be banking on Hakeem Jefferies to take charge.
I pointed this out earlier but PJ is taking the “over the top” type of messaging. Not the smartest idea imo
There will be lots of pressure from the GOP to not touch Social Security and Medicare because that's a death knell in future elections.
I suspect Trump doesn't get much done, just like first term.
I suspect Trump doesn't get much done, just like first term.
I’m curious on how they will use the reconciliation process. See what kind of goodies they add from the campaign and for their buddies.
Was this an accidental tip that the first 3 years will be a recession?
I think all they end up doing is attempting to gut a few departments and fire a bunch of Federal employees.
Most likely it's four years of revenge.
DOGE will address DOD, they must. DOD is the biggest elephant in the room with the most fat to cut. If it were up to Elon they would end the F35 and invest in low cost defense and attack drones. Boom, there’s $100B.
F-35s to cost $2 trillion as Pentagon plans longer use, says watchdog
The military now plans to fly the F-35 through 2088, but inflation is taking an even deeper bite on the advanced jet.
www.defensenews.com
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This is partly why I’d like to start this process with a full top to bottom audit - ID where there’s waste ; such as projects over budget, pilfering, etc.
Return to the pay as you go rules from the ‘90s.
Freeze new tax cuts until the deficit/debt reaches the benchmarks you laid out.
I’ll believe that when I see it - not disagreeing with you; but you know even republicans are going to fight cuts to the DoD.
To be accurate, it was his massive tax cuts right off the bat that created the debt he's responsible for. And his first order of business will be more cuts for himself and his buddies. He doesn't give a single shit about the deficit.
Trump promised this his first four years and failed to deliver. Why should we believe him this time around?
This is going to be fun to watch fail massively.Treasury secretary nominee Scott Bessent's '3-3-3' plan: What to know | Fox Business
President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent, has a 3-3-3 plan that aims to curb budget deficits while spurring economic growth and energy production.www.foxbusiness.com
“
Bessent discussed the 3-3-3 plan this summer at an event hosted by the Manhattan Institute. He said it would involve cutting the budget deficit to 3% of gross domestic product (GDP) by 2028, the last year of Trump's second term; boosting GDP growth to 3% through deregulation and other pro-growth policies; and increasing U.S. energy production to the equivalent of an additional 3 million barrels of oil per day.
His 3-3-3 plan was inspired by the late Japanese Prime Minister Shinzo Abe, who adopted a "three arrows" plan that featured aggressive monetary policy along with fiscal stimulus and structural reforms aimed at lifting Japan's economy from stagnation and persistent deflation.”
Thoughts?
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