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Trump’s “Blueprint” Budget Is a Policy Statement; Real Budget to Follow
The New American
by Bob Adelmann
3/16/2017
Excerpt:
President Donald Trump’s Office of Management and Budget (OMB) unveiled “America First — A Budget Blueprint to Make America Great Again” on Thursday, noting that the president’s actual budget will be released in May. President Trump and his OMB Director Mick Mulvaney joined in outlining the “blueprint” without disclosing hard numbers, revenue projections, or even an economic outlook to back it up. It was, in other words, a policy statement, with details to follow.
Said Trump:
My Budget Blueprint for 2018:
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View the complete article including image and links at:
https://www.thenewamerican.com/usnew...dget-to-follow
My comment:
THESE ARE FRIGHTENING TIMES
THIS IS WAR!
The ONLY WAY the U.S.A. can now outgrow and escape from our current debt crisis IS TO TAKE ON SIGNIFICANT, GROWTH-PRODUCING NEW DEBT! That is, Trump must intelligently use debt to produce growth in our failing economy JUST THE WAY REAGAN DID WHEN HE WAS ELECTED.
To avoid a DEBT CRISIS the budget must now be increased. Trump has NO OTHER VIABLE CHOICE.
SAD but very TRUE.
The New American
by Bob Adelmann
3/16/2017
Excerpt:
President Donald Trump’s Office of Management and Budget (OMB) unveiled “America First — A Budget Blueprint to Make America Great Again” on Thursday, noting that the president’s actual budget will be released in May. President Trump and his OMB Director Mick Mulvaney joined in outlining the “blueprint” without disclosing hard numbers, revenue projections, or even an economic outlook to back it up. It was, in other words, a policy statement, with details to follow.
Said Trump:
My Budget Blueprint for 2018:
- provides for one of the largest increases in defense spending without increasing the debt;
- significantly increases the budget for immigration enforcement....
- includes additional resources for a wall on the Southern border with Mexico....
- increases funding to address violent crime....
- puts America first by keeping more of America’s hard-earned tax dollars here at home.
.................................................. ...............
View the complete article including image and links at:
https://www.thenewamerican.com/usnew...dget-to-follow
My comment:
THESE ARE FRIGHTENING TIMES
THIS IS WAR!
The ONLY WAY the U.S.A. can now outgrow and escape from our current debt crisis IS TO TAKE ON SIGNIFICANT, GROWTH-PRODUCING NEW DEBT! That is, Trump must intelligently use debt to produce growth in our failing economy JUST THE WAY REAGAN DID WHEN HE WAS ELECTED.
To avoid a DEBT CRISIS the budget must now be increased. Trump has NO OTHER VIABLE CHOICE.
SAD but very TRUE.