Economists dump on Trump for ‘I love debt’

Posted by | May 8, 2016 13:30 | Filed under: Economy Politics


Asked about the state of the U.S. fiscal situation last week, presumptive Republican presidential nominee Donald Trump floated a novel idea: Stiff bondholders. If the economy tanks again, Trump said he may consider throwing U.S. debt obligations out the window. But experts have warned that such an idea would roil both the international financial system and…

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By: Alan

Alan Colmes is the publisher of Liberaland.

8 responses to Economists dump on Trump for ‘I love debt’

  1. Larry Schmitt May 8th, 2016 at 13:40

    None of this reaches the ears of his drooling fanboys, because they know less about how the economy works than he does. He promised West Virginia he would bring back coal jobs. He didn’t say how he would do that. What, he’ll switch power plants from natural gas to coal?

  2. granpa.usthai May 8th, 2016 at 14:02

    fastest way to send trillions of dollars into private offshore bank accounts –
    (national debt for selective personal gains)

    invade a sovereign nation, illegally, based solely on made up BS.
    con the people into an unlimited illegal military occupation.

    can you say “banking in Dubai” (where terrorist organizations such as ISIS get the majority of their funding).

  3. halfwayin May 8th, 2016 at 14:32

    Wouldn’ it be nice if we could only see the FREAKSHOW that goes on in Trump support s heads?

  4. robert May 8th, 2016 at 14:32

    In other words, the U.S. would buy up old existing debt now and issue
    new debt at a lower interest rate. But that would also introduce
    problems, as the U.S. would have to issue debt in order to buy back
    existing debt, with no guarantee that investors would offer lower rates
    on the new issues.
    ———————–
    just call us the Big Lots or Dollar general of the world

  5. halfwayin May 8th, 2016 at 14:37

    We owe a big chunk of the money — about $6 trillion — to the Federal government. So if there ever were a default (hopefully there won’t be) the government would also be stiffing itself. We owe about $5 trillion to other countries, including China. The total debt to China is only $1.3 trillion.

  6. labman57 May 8th, 2016 at 14:40

    Uh, Donnie … unlike you and your business ventures, the United States cannot declare bankruptcy in order to shield itself from its debt obligations.

  7. William May 8th, 2016 at 17:33

    Seems legit.

  8. bpollen May 8th, 2016 at 23:32

    With Trump’s economic stewardship, credit rating agencies will have to create a whole new level somewhere below “For the love of Gawd, don’t put your money here!”

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