Trump wants $54B more in defence spending

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Of course.

And we know that's exactly what Conservatives wanted in office.


While most new presidents enjoy a honeymoon period, Trump is saddled with record low approval ratings -- just 44 per cent of Americans approve of his job performance, according to a new NBC News/Wall Street Journal survey. His most sweeping executive order was blocked by federal courts, sending advisers scrambling to write a new travel and immigration directive, which the president is expected to sign on Wednesday.

Morale is also plummeting among some White House staffers following a string of leaks that have left aides questioning each other. On Sunday, Politico reported that White House press secretary Sean Spicer had sprung surprise "phone checks" for members of his communications team after details from a staff meeting were made public.

Trump looks to refocus his presidency in first address to Congress | CTV News
 

pgs

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I can hear those printing presses whirring up into overdrive now printing more and more greenbacks to cover the difference. And you thought that the run-away inflation of the 70s and 80s was a thing of the past?
Of course that is why it cost $128.00 or so Canadian dollars to buy $100.00 American .
 

White_Unifier

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pgs

Hall of Fame Member
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For now.

Although with Trudeau raking up debt too, we might want to compare to gold instead.



A bankrupt state possessing a powerful military force is a dangerous combination.
We went of the gold standard when the older Trudeau was the PM , and we aren't going back now .
 

White_Unifier

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Feb 21, 2017
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We went of the gold standard when the older Trudeau was the PM , and we aren't going back now .

I didn't mean the gold standard. I just meant that with both the US and Canada racking up debt, our currencies might not fluctuate much between one another. But compare them to gold, and they'll both be plummeting together.
 

pgs

Hall of Fame Member
Nov 29, 2008
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I didn't mean the gold standard. I just meant that with both the US and Canada racking up debt, our currencies might not fluctuate much between one another. But compare them to gold, and they'll both be plummeting together.
Our currencies do fluctuate between each other .
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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For now.

Although with Trudeau raking up debt too, we might want to compare to gold instead.

A bankrupt state possessing a powerful military force is a dangerous combination.

Debt doesn't really matter if you can threaten your creditors with force.
 

White_Unifier

Senate Member
Feb 21, 2017
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Our currencies do fluctuate between each other .

I know. I'm just saying though that if both drop, then the fluctuation between them won't be as great as when they are compared to the price of gold. So gold would give a more accurate reflection of the true rate of inflation for those who don't notice it at the supermarket.

Debt doesn't really matter if you can threaten your creditors with force.

Except that that would provoke the creditors to organize with equal force.