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wehav
Senior Contributor

The Trump solution

Obama has run up a debt so high that we can't pay it off.  There's no real argument about that by any rational person.

 

Trump has shown in the past that there is a solution. 

 

The US declares bankruptcy.  A reset. It will happen at some point and perhaps the sooner the better.

 

 

5 Replies
schnurrbart
Veteran Advisor

Re: The Trump solution

FOUR times! You want him to lead the country and declare the country bankrupt????   You really want to tank our credit?  Don't you have any idea what that would do to our's and the economy of the entire world??

Re: The Trump solution

The platinum coin plan is much better. 😑

OKdon
Senior Contributor

Re: The Trump solution

I think that pretty much defines a person, when he suggests that walking a away from a debt obligation instead of making an effort to pay it.

 

Do you suppose the DONALD    will try to do that? He has had the experience of dumping losses onto other folks. I wouldn't invest 2 cents with anything donald trump was connected with let alone give him  control of the country and the economy.

OKdon
Senior Contributor

Re: The Trump solution

As long as you figure increased revenues are a bad thing, nothing will be resolved.

OKdon
Senior Contributor

Re: The Trump solution

Smplistic solutions rarely make sense. If it was all that simple it would have been done along time ago.

 

End the gov't borrowing. Tax the people to pay for gov't and if they have a shortfall, print cash equal to the shortfall. That eliminates government debt and interest payments and inflation will substitute for higher taxes that nobody wants to pay.