"It's Absolutely Out Of Control": Did Trump Just Spoil The Deficit-Spending Party?

Tyler Durden's picture

Seemingly reassuring conservatives, especially his fiscally hawkish former Tea-Party member Budget Director, President Trump warned that America's "[spending] was out of control," as officials gathered to discuss the budget, adding that there is "enormous work to do on the national debt."

While stocks did not blink, Trump's comments definitely angled more fiscal hawk than free-spending deficit dove.

There is a "moral duty" to taxpayers, President Trump says at White House budget lunch, "we must do a lot more with less."

 

"Our budget is absolutely out of control" he added, and in the future "will reflect our priorities."

 

The hiring freeze for non-essential workers will remain.

 

"We have enormous work to do on the national debt"

 

There will be "no more wasted money, we will spend in a careful way."

Additionally, President Trump confirmed that the Obamacare plan was "moving very well" and would be undertaken before the tax plan.

Notably swap spreads are definitely showing concerns about the looming debt ceiling deadline as the Treasury cash balance begins to fall...

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froze25's picture

Well we can build a bomb that sits until it explodes and destroys a capital asset or we can build a bridge or power plant. One in my view wasteful spending the other not. One enhances the economy the other hurts it.

hedgeless_horseman's picture

 

Why are we still occupying Afghanistan, the longest war in American history?

BaBaBouy's picture

Bigger Problem:
Find Americas GOLD, Donald ~

hedgeless_horseman's picture

 

I am tired of putting my children and grandchildren into debt for war, Donald.

 

 

http://www.zerohedge.com/news/2016-06-20/seems-vietnam-veterans-couldnt-...

 

We supposedly found Osama Bin Ladin in 2011, in Pakistan, not Afghanistan.  But instead of capturing the unarmed mastermind for interrogation about other terrorist plots, we shot him in the face and promptly buried him at sea, we were told, in accordance with the tradition of the desert-dwelling Saudi Arabians. 

 

But the Muslims have, nonetheless, subsequently planned and executed other terrorist attacks in the USA, including the largest mass shooting in American history not perpetrated by the US government. 

 

Today, Americans are making assloads of money exporting opium from Afghanistan and exporting death to the world.

 

Why are Americans fighting and dying in Afghanistan?

BaBaBouy's picture

"Our budget is absolutely out of control" ... Really ...?

Yeah Donaldo ...

You said we will increase Military Spending a Lot ~ ~ ~ ? ? ?

WTF ...

froze25's picture

Afghanistan = Heroin for the Global Drug Cartel (CIA), nothing more, nothing less.

BaBaBouy's picture

Is Truth ...

Afgh Heroin production Record by Record UP UP UP ... ?

WTF, IS US military guarding the Poppy Fields ???

WHY Don't they DRONE the Fucking Fields ???

Ask the PC MSM-ers to explain this...

StackShinyStuff's picture

Spoiled? Wouldn't know it by the customary ramp off the lows  

Dabooda's picture

Obama was also great at telling us what wonderful things he was accomplishing.  Lots of telling, zero doing.  Yo, Trump!  SHOW US THE CUTS! 

Joe Davola's picture

Cuts?  I'd settle for slowing the rate of growth.

TBT or not TBT's picture

He froze federal hiring on day one.  Hopefully the plan is to shrink by attrition at least, if not with extreme prejudice. 

JRobby's picture

MIC looking at a severe haircut. There might be some shooting?

Harry Calahan: "There's nothing wrong with a little shooting, as long as the right people get shot"

Trump's security detail is going to get tested over the coming months. "They" are studying them. Trump needs to get out of the WH. It's bugged all over.

Nexus789's picture

Also many triilions of dollars in mineral deposits. 

BaBaBouy's picture

hedgeless ...

How did you get that Pic ???

US Deep State has ban on ANY pics os US Casualties ...

Mikeyy's picture

but, Infrastructure!  A wall!  Tax cuts!  Increased military spending! 

 

That all sounds like balanced budget proposals to me... 

Takeaction2's picture
Takeaction2 (not verified) hedgeless_horseman Feb 22, 2017 2:27 PM

GREAT PHOTO...this is the shit that needs to be posted all over Facebook...to show the snowflakes the fucking truth about what is going on.  This would be kicked off and banned so fast.  This guy had a family ...a life....everything....and fighting for what?  NOTHING...Now dead.  Your soul did not die for nothing my friend...you are nameless to us.......but we care...We here on ZH do care...and may this photo stop the slaughter.

Countrybunkererd's picture

It is a SHIT PHOTO but it is truth and you got my upvote.

SelfGov's picture

It is possible to take a great shit.

Abitdodgie's picture

So someone jons the UNITED STASTES ARMY CORPERATION to kill people for a pay check and to keep profits up for the CORP and you feel sorry for them , fuck um

Countrybunkererd's picture

I have family being re-deployed there next month.  and the world is on fire.

IronSights on'um's picture

Have you awakened them to the truth?  They are risking themselves for the sake of Bankers in a war built on lies

Abitdodgie's picture

hedgeless_horseman I feel that must be a rhetorical question coming from you as you know fine well it is about opium production , period 

Lord Peter Pipsqueak's picture

Hedgeless old chap, why don't you Google CIA/Heroin/Afghanistan????

And check on the quantity before the war that it produced and the quantity now,pity some reporter didn't ask that self righteous prick Edward Price the obvious questions about the disturbing connections between the heroin trade and the US occupation of that country following his recent resignation "on principal" over Trump and his comments made about the CIA.

 http://www.thelibertybeacon.com/former-cia-agent-explains-why-he-resigne...

atomp's picture

That map makes it look like the usa is doing the Russians a favor...

HRClinton's picture

Close.  Pipelinenistan is but one lane in the Silk Roadistan.

What do you suppose happens, is Afghanistan and Iran become the Southern Silk Road to Turkey, and from there to Europe?

Bye bye Reserve Currency.  By comparison, the profits in opium and arms are a benefit - a feature - not the objective.

TBT or not TBT's picture

Hedgeless, it looks like the Valerie Jarrett administration was doing Iran's business on several sides of the Islamic regime's sphere of inluence.   Making a vacuum for them in former Iraq, setting up export possibilities towards China via Afghanistan(your graphic), and giving them huge amounts of hard currency and a path to being a nuclear power too.   Weird, huh?

Txpl9421's picture

I am sure this soldier's parents love seeing you make your point.

 

hedgeless_horseman's picture

 

Have you considered that maybe they would actually support the idea of educating Americans about the truth of the matter, with the hope of working towards ending this longest war in American history, so that other parents don't have to lose their sons?

Or, maybe you believe that Americans can't handle the truth?

scoutshonor's picture

There are only three ways to get the attention of Americans: 

1) tax them

2) draft them

3) kill them

If there weren't a draft there would be no protests against this war.

--Owen Meany, just before shipping out to Vietnam.

 

Where are the protests? (Me, now)

BlindMonkey's picture

"We are all Pat Tillman."---Blindmonkey

OverTheHedge's picture

So better to bury the truth, for fear of offending someone? Are you sure?

markpower49's picture

Any parent who doesn't educate their kid not to be a soldier is a failure as a person and a parent.

Uchtdorf's picture

I think we're being set up for austerity. Like Greece.

INTJ Economist's picture

Don't worry, you're not putting them in debt.  That's a myth perpetuated by ignorant cunts.  Read Warren Mosler's "Seven Deadly Innocent Frauds of Economic Policy".  You're welcome.

edifice's picture

Didn't Zee Germans just take it all?

Logan 5's picture

"Why are we still occupying Afghanistan"

 

That's 'rhetorical' right?

hedgeless_horseman's picture

 

We shall see.

The Nobel Peace Prize Winner didn't end it in 8 years.

How long are you going to give Trump?

One year?  

Two?  

Four?  

Last I heard, Trump was looking at increasing troop deployments to Afghanistan.

TBT or not TBT's picture

The One tripled down on our troop commitments in Afghanistan.   He harangued us in his campaign how the real war should have been there, then followed through.   The media went right along.  

Rip van Wrinkle's picture

What??? Do you want criminals to run the heroin trade? Or the CIA?