US registers $113 billion budget deficit in July

Paul Wiseman, AP Economics WriterAugust 11, 2016

ricky l15 seconds ago

It is recalculating its assessment of Donald Trump's tax and spending plans after the Republican presidential nominee offered a revamped economic plan this week. Trump's earlier plan would have added $11.5 trillion to the debt over a decade, largely through massive tax cuts. The new plan, which scaled back the tax cuts, would add "significantly less" to the debt — though Trump's plan to reduce business taxes alone would swell the debt by $2.55 trillion over 10 years, the group says."

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This demonstrate that Donald Trump did not bother to get his facts right ---- will get his Economic Policies wrong ---- and condemn US Economy spiralling downwards in a massive scale.

So is Donald Trump the right President for USA?

ricky l2 seconds ago

Donald Trump who never get his facts right, and using wrong facts to formulate his so called "policies to improve American lives" when all his facts are wrong.

If he get his facts wrong, how could Donald Trump get his policies right? It means Donald Trump will mess up the US Economy big time, mess up the Military and Security big time and mess up the social fabric of US Society big time.

ricky l1 second ago

To conclude :-

Donald Trump if become a President will :-

(1) Mess up US Economy big time - lead to job loss, loss in trade, loss in business and investment

(2) Mess up US Security and Military Policies big time - lead to heighten security lapses in terrorism and even conventional war and even nuclear war

(3) Mess up US social divide - lead to social unrest and even civil war

Donald Trump cannot be trusted to be a President --- where he cannot get his facts right ---- and then try to preach his sermon based on wrong facts.

BUDDY37 minutes ago

Well considering that the USA's GDP is 15.68 trillion, just short of the entire EU GDP, twice that of China's GDP, and 8 times that of Russia GDP, a debt to ratio credit check would find them to be APPROVED for much more! LMAO!

• 

  ricky l1 second ago

  To expand USA GDP beyond 15.68 trillion and exceed the entire EU GDP - TPP is the right trade agreement to be approved.

  But yet the foolish Donald Trump want to shoot it down.

  Is Donald Trump sane?
• ricky l1 second ago
  That is why Donald Trump always did not get his facts right --- and he make his policy decisions based on wrong facts === and end up in a big mess and make the wrong decisions.

  And yet Donald Trump supporters are worshipping him like Superhero out to save them --- where in fact Donald Trump is digging a pit fire for them to jump in.
  ricky l1 second ago

  TPP members Countries constitute 40% of the World Economy.

  Donald Trump fail to recognise this fact - and he say he want to shoot it down.

  Is Donald Trump out of his mind?

  ricky l1 second ago

  TPP will have jumpstart the lethargic World Economy and boost the World Economic Growth.

  Does Donald Trump understand economic theory?

  I bet he don't.

  ricky l1 second ago

  Donald Trump is absolutely wrong on the consequences of Brexit ---- and he blare that he is the only person who is right on Brexit - where every economic analysts felt otherwise.

  Now look at UK in economic limbo.

  Do Americans really believe Donald Trump will make the US Economy great?

  It will be to the contrary and Americans may lose business, lose jobs, lose trade in massive scale.

  Look at what he propose as his Economic plan --- a massive trillions of dollars in deficit --- that burn a big hole in US Treasury.

  ricky l1 second ago

  Donald Trump is a big conman.

  He will burnt a big hole in US Treasury - by hurting revenue and by excessive spendings ---- hurting US financially.

  Dump Trump - because Trump is Dumb.

  (He cannot even bother to get his facts right - how can he get his policies right?)