Trump College loan plan

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Archer
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Trump College loan plan

Postby Archer » Mon Nov 14, 2016 10:46 am

Just saw some of the Donald Trump college loan proposal! Well I am not going to say I completely agree with him but...

We bail out banks and Auto manufacturers! We give billions to other countries! We spend trillions on securing the world!
So if we actually did the math instead of criticizing the plan...

First one must understand economics and one must understand that Trump has a bigger plan!
So if the people (congress) will support him, here is what happens.

Manufacturing comes back, prices rise but so does the tax base. All that money going back to banks will, after 15 years, flow back into the economy! That means (If the manufacturing base comes back) there will be a big economic BOOM!

Every dollar spent will cycle through the economy being taxed multiple times! And unlike today where you pay a tax when you earn it, pay a tax when you spend it and ... out to China, Mexico, Korea...
By 2032 it does no go out to manufacturers in other countries!
So instead of the distributor and then to wherever (insert country) it goes:

Distributor pays a tax and moving up the chain
Manufacturer pays corp. Tax, Employees are taxed and they spend (tax back into the cycle)
Up and UP!
Component manufactures and raw material refiners taxed, employees taxed... Cycle!
Up and UP!
Raw material extraction taxed, employees taxed... Cycle!
Up and Up!
Equipment manufactured for all! taxed, employees taxed... Cycle!
Up and Up!
Service sector! Yes Service sector and external support structure! Restaurants opening to feed the employees at lunch! Small businesses opening to support the large manufacturer!...
Win, Win, Win!!!!

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Re: Trump College loan plan

Postby Peter1469 » Mon Nov 14, 2016 11:28 am

I expect Trump can help kick start the economy. But spending is still an issue. It doesn't matter how much the government takes in taxes if it insists on spending more.

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Re: Trump College loan plan

Postby Archer » Mon Nov 14, 2016 11:36 am

Very true but... But... But...

In successful business you cut waste and useless overhead, redundancies...

Politician, spend more because funds are not limited!

Businessman, redirect revenue streams, make cuts, stop hemorrhaging money unnecessarily.

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Re: Trump College loan plan

Postby rebelson » Sat Nov 19, 2016 8:37 pm

Sounds like alot of frigging taxes to me,,,,,

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Re: Trump College loan plan

Postby Don » Fri Nov 25, 2016 1:38 am

First thing we need to do is get colleges to actually get back to providing a useful education for the money it charges. It seems to me that people are paying (and sometimes being subsidized) to be indoctrinated, not educated. A big problem with government involvement with subsidizing is that it creates a market to suck up that money. The more the government loans people the more the colleges charge and they aren't even required to offer a quality product. Indoctrination, booze chugging and pot smoking. Its also time to start looking at technology to compete with these schools. More online type courses. That would also make it affordable and practical for people who aren't rich or don't want to go into debt. It would be easier to actually work and earn money as you get the education that you actually need, not something that costs hundreds of thousands of dollars and turns our to be useless in the real world. I see universities and colleges being geared toward real higher education for the really talented people. advanced medicine and science and even advanced law degrees where online services couldn't cut it. Things that average people could never do no matter how much money they spent or borrowed. At least for the time being. In the future virtual learning might be able to do all of it.
Free Enterprise: A million salesmen pushing the “too much”. Socialism: A million ration clerks dividing up the “too little”

The further a society drifts from the truth, the more it will hate those who speak it.
George Orwell

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Re: Trump College loan plan

Postby Peter1469 » Fri Nov 25, 2016 4:27 am

Yes. The federal government only caused prices to skyrocket.


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