Headline Roundup • May 7th, 2016
Trump on National Debt
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Newsmax (News)
DoubleLine Capital’s Jeffrey Gundlach said Donald Trump, if he’s elected president, would help the U.S. economy recover by going further into debt, just as Ronald Reagan fueled growth in the 1980s.
“Trump is going to win, and Trump is going to increase the deficit,” Gundlach said during a panel discussion Thursday in New York. Reagan “did it by taking three or four decades of stable nonfinancial debt-to-GDP ratio and putting it on a hockey stick higher.”
Analyzing Donald Trump policy proposals is a fool’s errand. I am a fool: Behold my errand.
The presumptive GOP nominee has an idea for dealing with American debt and infrastructure. The first half of his plan makes sense. The second half is insane.
Trump la
Wall Street Journal (News)
If there’s one part of being president for which Donald Trump feels uniquely suited, it’s handling the national debt. Since several of his companies have gone through bankruptcy, he has ample experience negotiating with creditors.
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