May 10, 2016

Conservatives Really Don’t Care About the Deficit

By Glenn
 Just like Reagan, Trump does not care abut the debt or the deficit. Throw money at rich people, and it’ll trickle down.

The revenue losses understate the total effect on the national debt because they do not include the additional interest that would accrue as a result. Including interest costs, the proposal
would add $11.2 trillion to the national debt by 2026 and $3
4.1 trillion by 2036 (table 4 and figure 1). Assuming the tax cuts are not offset by spending cuts, the national debt would rise by
an estimated 39 percent of GDP in 2026 and by nearly
80 percent of GDP by 2036.

Trumps thinks America wages are too high to be competitive globally. Taxes are too high on the rich.

Oh yeah, it is harder today being a rich, white man than 50 years ago. Take America Back?

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