Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

AnnaLee

(1,326 posts)
3. It is all math fraud
Tue Oct 28, 2025, 12:25 PM
Tuesday

He wants to reduce the on the debt projections as much as possible to be able to say his losing policies are winning. You first balloon the debt, then make it, somewhat artificially, appear to be rapidly lowered. It would help justify his adding the large regressive sale tax to replace the lowered income taxes. The risk to inflation and dollar devaluation be darned. George Bush did this too, but his target was the Social Security trust fund depletion rate. (When GWB was President, the Boomers were in their highest earning days and the fund was growing so, even if it was projected to deplete in 2052 or so, he could better justify putting it into Wall Street.) Although GWB is on the other side of the Republican Party divide, the Heritage Foundation has been an influence on Republican politicians consistently. This low interest for projection calculations thing is a theme. And, yes, sometime the economy needs a lower interest rate, but the driver is not supposed to be political talking points.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Editorials & Other Articles»Trump's economic message ...»Reply #3