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THE TRUMP 2024 THREAD
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<blockquote data-quote="newfie" data-source="post: 6125970" data-attributes="member: 58700"><p>you're looking at one piece of the overall picture.</p><p>the plan is to pass this bill then start taking the items discovered by doge and submitting them to be removed from the budget through a recission process. </p><p>There are still unknown factors to trumps plan a plan that has never been tried before. </p><p></p><p>a) what other cuts and spending reductions will doge fine. Social security and medicare are huge factors that can effect it. DOGE efforts to audit them are presently stalled in the courts. </p><p>b) what will be the final tariff totals be? It looks like Trump will implement at least a 10 percent tariff on everyone. that will be additional revenue that is not currently in the defiict estimate you're using. </p><p>c) Trumps people believe they have at least 10 trillion in new investments lined up. the deficit estimate you mention is based on a 2.5 percent GDP rate. If trump opens up the trade borders of other countries and gets that 10 trillion in new investments or more which he might then that 2.5 percent GDP could be a conservative number. </p><p></p><p>So the short answer is the left is calling the game as a loss when we're still in the first five minutes of the first quarter. I don't know how this will end up since its new territory but there is a lot here that is not decided yet or even close to decided.</p></blockquote><p></p>
[QUOTE="newfie, post: 6125970, member: 58700"] you're looking at one piece of the overall picture. the plan is to pass this bill then start taking the items discovered by doge and submitting them to be removed from the budget through a recission process. There are still unknown factors to trumps plan a plan that has never been tried before. a) what other cuts and spending reductions will doge fine. Social security and medicare are huge factors that can effect it. DOGE efforts to audit them are presently stalled in the courts. b) what will be the final tariff totals be? It looks like Trump will implement at least a 10 percent tariff on everyone. that will be additional revenue that is not currently in the defiict estimate you're using. c) Trumps people believe they have at least 10 trillion in new investments lined up. the deficit estimate you mention is based on a 2.5 percent GDP rate. If trump opens up the trade borders of other countries and gets that 10 trillion in new investments or more which he might then that 2.5 percent GDP could be a conservative number. So the short answer is the left is calling the game as a loss when we're still in the first five minutes of the first quarter. I don't know how this will end up since its new territory but there is a lot here that is not decided yet or even close to decided. [/QUOTE]
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