Trumponomics: The debt machine

Discussion in 'Economy' started by Bleipriester, Dec 2, 2019.

  1. JGalt
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    JGalt Platinum Member

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  2. Bleipriester
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    Bleipriester Freedom!

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    Toddsterpatriot Diamond Member

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    Overall, Trump spends 2,8 Dollar to increase the GDP by 1 Dollar.

    Show your math, comrade.
     
  4. g5000
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    g5000 Diamond Member

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    That's what causes me to break out in uncontrollable laughter whenever I hear or see someone claim the GOP is the party of small government.

    Trump Proposes a Record $4.75 Trillion Budget

    Trump personally demanded the biggest government spending in history.
     
  5. g5000
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    g5000 Diamond Member

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    United States GDP | 2019 | Data | Chart | Calendar | Forecast | News

    GDP grew by $1.009 trillion in 2018.

    2018 United States federal budget - Wikipedia

    Trump spent $4.094 trillion in 2018.


    4.094/1.009 = 4.05.

    So, actually, about $4.00 of spending for every dollar of GDP growth.
     
  6. g5000
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    g5000 Diamond Member

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    The real reason Trump spends record amounts of money is because he promised the rube herd 6 percent GDP growth.

    GDP = C + I + G + (X – M)

    or

    GDP = private consumption + gross investment + government investment + government spending + (exports – imports).


    There's the secret sauce of the pseudocon's huckster messiah. Trump spends other people's money in order to artificially juice the GDP figure.

    Not just other people's money, he spends the money of the unborn, too.

    He inherited a declining deficit, and immediately set to work doubling it with the GOP congress.
     
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