Wager for Trump Supporters

[_The CCC]

As more and more Baby Boomers retire the labor participation rate is going to decrease until 2029, at a minimum.

[_Kevin Graham]

50 million americans without a job is another claim of his.

[_EAllusion]

Trump also promised 25 million new jobs, which is basically mathematically impossible. But Trump also contradicts himself mid-sentence on a routine basis and denies saying things there's extensive tape of him saying. His promises mean nothing and his failure to keep them also means nothing.

[_Kevin Graham]

Forcing corporations to stop going overseas. Sound familiar?

[_Kevin Graham]

Jesus. Buy the looks of what Trump is planning to spend on stimulus coupled with record tax cuts, the national debt is certain to skyrocket. $30 trillion by 2020?

A huge chunk of the Obama stimulus was tax cuts on middle class with modest spending on actual projects. Trump is planning a countrywide overhaul of our infrastructure including airports, a giving huge tax cuts to the wealthiest Americans.

[_EAllusion]

Jesus. Buy the looks of what Trump is planning to spend on stimulus coupled with record tax cuts, the national debt is certain to skyrocket. $30 trillion by 2020?

A huge chunk of the Obama stimulus was tax cuts on middle class with modest spending on actual projects. Trump is planning a countrywide overhaul of our infrastructure including airports, a giving huge tax cuts to the wealthiest Americans.

This is what I kept trying to explain to Ajax over and over with his faux-concern over the deficit. Trump's stated plans will explode the deficit. It will buy some popularity securing short-term growth for economic crisis off in the future. It will be an economic disaster, though Trump might be out of office by the time the bill comes due. Non-partisan economic analysis from all over the political spectrum has come to this conclusion.

We just don't know to what extent this is going to make it through.

[_Kevin Graham]

Donald Trump’s proposal for $1 trillion worth of new infrastructure construction relies entirely on private financing, which industry experts say is likely to fall far short of adequately funding improvements to roads, bridges and airports.

The president-elect’s infrastructure plan largely boils down to a tax break in the hopes of luring capital to projects. He wants investors to put money into projects in exchange for tax credits totaling 82% of the equity amount. His plan anticipates that lost tax revenue would be recouped through new income-tax revenue from construction workers and business-tax revenue from contractors, making the proposal essentially cost-free to the government.

So he plans to negotiate with a corporation to fund the construction of a $200 million bridge in exchange for $164 million in tax credits?

WTF?

http://www.wsj.com/articles/donald-trum ... 1478884989

[_cinepro]

Cinepro -

Trump also promised 6-8% annual GDP growth and that all your dreams would come true.

Do you have a source for that? I recall him saying 4% at some point, but I never heard 6 - 8%.

[_EAllusion]

Cinepro -

Trump also promised 6-8% annual GDP growth and that all your dreams would come true.

Do you have a source for that? I recall him saying 4% at some point, but I never heard 6 - 8%.

He shifted the numbers several times. His actual economic plan predicts 4% GDP growth to avoid fiscal catastrophe, and that's a unrealistic number.

He promised 5 or 6% in the last national debate:

http://finance.yahoo.com/news/why-trump ... 14349.html

Then later, decided to indicate that it should be able to hit 8% like India:

http://www.livemint.com/Politics/OVdSUi ... uppor.html

That's more of an implied promise than an explicit one, so we can back off to 6%. That still would be insane.

Here's Trump promising all your dreams:

https://www.washingtonpost.com/news/the ... ambitious/

[_Res Ipsa]

Donald Trump’s proposal for $1 trillion worth of new infrastructure construction relies entirely on private financing, which industry experts say is likely to fall far short of adequately funding improvements to roads, bridges and airports.

The president-elect’s infrastructure plan largely boils down to a tax break in the hopes of luring capital to projects. He wants investors to put money into projects in exchange for tax credits totaling 82% of the equity amount. His plan anticipates that lost tax revenue would be recouped through new income-tax revenue from construction workers and business-tax revenue from contractors, making the proposal essentially cost-free to the government.

So he plans to negotiate with a corporation to fund the construction of a $200 million bridge in exchange for $164 million in tax credits?

WTF?

http://www.wsj.com/articles/donald-trum ... 1478884989

And who ends up owning the bridge?