Wednesday, May 11, 2016

Welcome to La La Land: Trump Adviser Says Trump Has Plan to Create a $7 Trillion Surplus



Speaking at a fiscal summit sponsored by the Peter Peterson Foundation, Trump adviser Sam Clovis said economic growth envisioned by the candidate’s plans and “other factors we are going to propose” could produce a surplus of between $4.5 trillion and $7 trillion, reports MarketWatch.

By contrast, the Independent Tax Foundation estimates that Trump’s current public plan would increase the federal government’s deficit by $10 trillion.

The only way Trump could get a $7 trillion surplus is if he had the Fed print $15 trillion.

 -RW

2 comments:

  1. Trump's red hat gives him more ability to conjure money from thin air than a central bank ;)

    ReplyDelete
  2. Piece of cake. I created two trillion yesterday.

    ReplyDelete