Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

[Denizen]

Trump is not interested in the budget deficit and the burgeoning government debt because he won't be in office when it blows up.

The biggest threat to government debt is rising interest rates which could make the debt self-fueling and unstoppable.

Trump ignorance of the government debt is negligence.

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up
The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.
Asawin Suebsaeng,
Lachlan Markay
12.05.18 10:32 AM ET

Since the 2016 presidential campaign, Donald Trump’s aides and advisers have tried to convince him of the importance of tackling the national debt.

Sources close to the president say he has repeatedly shrugged it off, implying that he doesn’t have to worry about the money owed to America’s creditors—currently about $21 trillion—because he won’t be around to shoulder the blame when it becomes even more untenable.

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the national debt in the not-too-distant future. In response, Trump noted that the data suggested the debt would reach a critical mass only after his possible second term in office.

“Yeah, but I won’t be here,” the president bluntly said, according to a source who was in the room when Trump made this comment during discussions on the debt.
“I never once heard him talk about the debt.”
— Former Senior White House official ...

 

[CrusaderFrank]

Trump only needs one term

 

[C_Clayton_Jones]

“Yeah, but I won’t be here...”

The only thing Trump has gotten right - he'll be gone come 2021, and thankfully so.

 

[DGS49]

Anyone trying to pin profligate Federal government spending or the Debt on Trump should be shot. He has NOTHING to do with it.

 

[Denizen]

Anyone trying to pin profligate Federal government spending or the Debt on Trump should be shot. He has NOTHING to do with it.

Because he is incompetent?

Trump is turning the US economy into a copy of one of his bankrupted casinos.

 

[pismoe]

more fun for the millenials eh ??

 

[DGS49]

A. Spending was insane before he even entered the race,

B. Congrsss spends money.

 

[Denizen]

A. Spending was insane before he even entered the race,

B. Congrsss spends money.

Since Trump became POTUS spending and tax revenue have diverged at an alarming rate.

 

[deanrd]

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

Trump noted that the data suggested the debt would reach a critical mass only after his possible second term in office.

“Yeah, but I won’t be here,” the president bluntly said, according to a source who was in the room when Trump made this comment during discussions on the debt.

----------------------

Trump looting the country.

Asked about all the debt, he says he doesn't care because he won't be here when it blows up.

Sounds just like him.

 

[Oddball]

Already a thread on this topic...

 

[Pete7469]

 

[Norman]

I hope that is so, then we have six more years.

Since no one is interested in addressing the debt, might at least put it to good use. Build that wall and it will at least generate revenue for America for hundreds of years to come.

 

[Kat]

Already a thread on this. Please check before making a new thread. Thanks.

 

[Lakhota]

A. Spending was insane before he even entered the race,

B. Congrsss spends money.

President signs it.

 

[JLW]

That is the most honest statement Trump has ever made as it perfectly encapsulates Republican philosophy. Live for today and don't give a shit for tomorrow because that is someone else's problem. It applies to the debt, climate change, the environment, etc. Get drunk today, leave the hangover for our children.

 

[Harpy Eagle]

I hope that is so, then we have six more years.

Since no one is interested in addressing the debt, might at least put it to good use. Build that wall and it will at least generate revenue for America for hundreds of years to come.

How the hell can a wall generate revenue?

 

[Skull Pilot]

This thread is full of reasons not to trust the fucking government with our money.

 

[FreeAndClear]

A. Spending was insane before he even entered the race,

B. Congrsss spends money.

That’s interesting. Whose name is signed ont he federal budget right above the monicker President of the United States

 

[FreeAndClear]

I hope that is so, then we have six more years.

Since no one is interested in addressing the debt, might at least put it to good use. Build that wall and it will at least generate revenue for America for hundreds of years to come.

How the hell can a wall generate revenue?

Well if it’s a paywall.

 

[sparky]

which could make the debt self-fueling and unstoppable.

it already is>>>

http://www.usdebtclock.org/sources/transparent2.gif

Anyone trying to pin profligate Federal government spending or the Debt on Trump should be shot. He has NOTHING to do with it.

Own a gun ?

Since no one is interested in addressing the debt, might at least put it to good use

that is certainly so, all Trumps RICH BUDDIES are making $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Live for today and don't give a shit for tomorrow because that is someone else's problem.