Happy. Birthdays

Yes, right on Step. Our military has an incredibly difficult and important job, especially with what’s going on now on several fronts. It’s appropriate to honor and show our appreciation for all branches - they/we are all in it together, even though some ignorant people don’t seem to understand that.
 
Our military doctrine is to maintain such a wide superiority as to make attack from enemy the deterrence.

Unfortunately so, as we spend approx $1 trillion dollars on military , exceeding the next 8-10 other top spending countries combined.

Our debt is about 36 trillion with the interest alone at about $800 billion.

If President Trumps “ Big Expensive Bill “ get passed, it’s tax cuts is estimated to INCREASE our debt by $2-$3 trillion over the next 10 years……
His bill doesn’t make sense to me and therefore I hope our Senate votes no
.
 
He has leaned on NATO countries to pony up, so we aren’t carrying such a hugely disproportionate share of free world defense, and is going after waste and fraud like no one before him that I’m aware of. Again, the Reagan tax cuts, “estimated’ to add to the deficit, if I recall correctly, stimulated the economy and increased revenue. Trumps detractors are biased to the point of bigotry, making most of what’s said about him and his policies suspect. Not necessarily always wrong, but between bigotry and ignorance of dynamics that he actually understands, legitimately suspect.
 
Hope you’re right there Scook, but the numbers don’t add up.
Trumps declared bankruptcy more than once, but he can’t do it to our nation or our dollar will lose its standing as the # 1 global currency.
If that happens, we’re screwed …financially
 
I don’t think Trump ever declared bankruptcy. He did file bankruptcy for, I believe, more than one of his businesses - he uses the tools legally available to solve his business problems when they arise.

I do think we’re circling the drain financially, with national debt service approximately equal to our defense budget, due to the screaming incompetence of the previous administration. I hope I’m right too. I’m guardedly optimistic, because I think he’s a competent, decisive executive, and the numbers are subject to interpretation. The economy is dynamic, something I don’t see reflected in a lot of analysis/predictions. I think/hope our best, and probably only, way back is to grow our way out of this mess.
 
Scook ……hold on here sir…..

Under President Trump and directly due to Trumps tax cuts our deficit ballooned over $7 TRILLION DOLLARS .

The policy of blaming everything on others and not holding Trump accountable not fair and is bad for our country.

His new “ Big Expensive Bill” will greatly INCREASE our debt.

Remember when Trump said he could shoot someone in the middle of Times Square NYC and get away with it ?
Beginning to understand why when Americans pretend
 
Tax cuts and then Covid, which paralyzed the economy. We were shrinking instead of growing - difficult to predict when the tax cuts were passed. Yes he increased borrowing to fund very necessary help for businesses and individuals to still be around when we could get back to work. Biden threw massive amounts of money away, pandering to his constituency when it was not necessary, and compounded it by providing bigger paychecks to many workers than their regular jobs. That pandering damaged small business even more while workers sat at home wallowing in the government trough.

Well, you repeat that the bill will greatly increase our debt, and while not sure of the net effect of the bill, I’m confident, and history supports that lower taxes stimulate the economy and have a net positive effect, so I repeat that. We did send a lot of money to Ukraine and have some serious military spending to do to hope to meet the multiple threats brewing in the world.

Trump’s comment about getting away with shooting someone was pretty egotistical, but was pretty obviously an observation about his popularity at the time. There’s always some pretending on both sides, but my observations tell me that there has been and continues to be massively more on the Trump hating side - venomous, irrational and flagrantly dishonest.
 
Trickle down economics has proven to increase our deficit….

Meaning tax cuts to stimulate business.
If the Senate approved Trumps Bill, our deficit will rocket higher….
 
I’d have to do some research to argue the point further, and that’s unlikely to happen anytime soon. I’ll have to leave you with the last word, somewhat sceptically.
 
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