Trump increased our debt to increase income for the upper class, and he thinks tariffs will bring jobs back and bring income to the United States to offset the increased expenditures. This shows a complete lack of understanding of international economics and how Laissez Faire has enhanced the quality of life over the last 60 years.
This should not be a surprise. He was an awful businessman. He didn’t even understand the Real Estate business, which is one of the easiest businesses in the world. It is the only business where you can use leverage with relatively little risk. A complete analysis of his investments is available on our website TheCentralForwardParty.com
He thinks tariffs he will bring back investments to the United States.
- Labor Intensive Goods -We don’t want these jobs brought back to this country.
- Americans don’t want these jobs.
- Laissez Faire brought the cost of these goods down which lowered costs to the average American.
- This increased the amount of goods they could purchase stimulating our economy.
- 70% of our economy is supported by Consumer consumption
- Increasing the cost of goods reduces consumption slowing the economy.
- Even if these jobs were to come back, most of them will be replaced by robots in the next 20 years.
- Capital Intensive Goods- We do not have the facilities to produce these goods
- It will take a couple of years to increase the capacity to produce those goods if they are to come back. There is no place to produce them
- No one will build a factory in this unstable economic environment.
This is another form Trickledown economics which never worked. The democrats have generally created better economies than Republicans. I am not a Democrat, nor a Republican. I am a Centrist. I have issues with both parties although I currently dislike the Republicans more (for obvious reasons. Trump is an idiot and people who support the MAGA movement have been tricked by appealing to their misguided hopes for the America of the 50’s when we were 90% self-sufficient. That is no longer the case, and they are not enlightened enough to realize this. They think he will bring jobs back to our country not realizing that Laissez Faire has enhanced the quality of their life by lowering the percentage of their income they spend on things like appliances and labor-intensive goods like clothing.
I consider George Bush Senior to be one of our better Presidents. He was one of the best prepared candidates to ever run for the office. He lost his re-election bid because he did what was best for the county by raising taxes and the Republican party turned on him because of it. Clinton got credit for the work George Bush did. This is not to say that Clinton does not get credit for balancing our budget, but he could not have accomplished this without Bush’s tax policies. Gore did what Doge was trying to do. The Clinton Gore approach reduced expenditures surgically by working within our existing structure, instead of destroying it as Trump and Musk have. They reduced the cost of running the government 35 years ago by $136 billion. In 1995 the budget was $1.6 Trillion and today it is $7.3 Trillion today. (See below for a detailed description of both budgets.)
Lowering taxes to the Wealthy does not simulate the economy. This will not increase consumption because the wealthy will not spend the money they save in taxes. Decreasing their taxes will not generally change their spending habits either because the wealthy have enough to maintain their lifestyle.
Decreasing taxes to the middle- and lower-income part of our economy will stimulate consumption. They need all the money they earn and spend most of it .More income to them increases consumption and stimulates our economy. 70% of our economy is consumer consumption.
Laissez Faire has also enhanced economies around the world. The current changes in world order and world economies have reversed this. Growth under Laissez Faire has made the world a better place for everyone. When smaller economies grow it enhance economic growth in our country because we receive the benefit of lower prices and increased consumption not only because it allows our middle class to purchase more goods and services but also because the rest of the world increases their consumption of the goods and services we produce. See the Article from Wall Street Journal (Global Trade Raised Standard of Living-Trump’s Tariffs will reverse trend)
Comparison of1993 budget to 2025 budget
- Launched in 1993 under President Clinton, led by Gore.
- Intended to streamline government operations, cut waste, and reduce bureaucracy.
- Focused on improving efficiency rather than slashing essential services.
Measurable Savings from Gore’s REGO/NPR:
According to multiple GAO and OMB reports:
| Time Period | Estimated Savings |
| 1993–2000 | Over $136 billion in cumulative savings |
These savings came from:
- Cutting the federal workforce by over 377,000 jobs (largest reduction since WWII)
- Eliminating 16,000+ pages of internal regulations
- Downsizing or consolidating over 250 programs, agencies, and offices
- Privatizing services, closing underused military bases, and improving procurement practices
Examples of Specific Cost-Cutting Measures:
- Defense Base Closure and Realignment (BRAC) – closed dozens of redundant bases
- Procurement Reform – adopted private-sector best practices to save billions on government purchases
- Paperwork Reduction – digitized and simplified forms across agencies (e.g., IRS, SSA)
- Agency Streamlining – e.g., downsizing HUD, GSA, and DOE operations
Long-Term Impact:
By FY 2000:
- Civilian government employment dropped to its lowest level since 1960
- Government spending as a share of GDP dropped to 18.2%, down from over 22% in 1992
- Deficits turned into surpluses, aided by both spending restraint and economic growth
Bottom Line:
Al Gore’s reinvention initiative cut over $136 billion in federal costs over 7 years, helped reduce the size of government, and contributed materially to the Clinton-era budget surpluses. Many credit it as the most ambitious and effective government efficiency reform since WWII.
- Launched in 1993 under President Clinton, led by Gore.
- Intended to streamline government operations, cut waste, and reduce bureaucracy.
- Focused on improving efficiency rather than slashing essential services.
Measurable Savings from Gore’s REGO/NPR:
According to multiple GAO and OMB reports:
| Time Period | Estimated Savings |
| 1993–2000 | Over $136 billion in cumulative savings |
These savings came from:
- Cutting the federal workforce by over 377,000 jobs (largest reduction since WWII)
- Eliminating 16,000+ pages of internal regulations
- Downsizing or consolidating over 250 programs, agencies, and offices
- Privatizing services, closing underused military bases, and improving procurement practices
Examples of Specific Cost-Cutting Measures:
- Defense Base Closure and Realignment (BRAC) – closed dozens of redundant bases
- Procurement Reform – adopted private-sector best practices to save billions on government purchases
- Paperwork Reduction – digitized and simplified forms across agencies (e.g., IRS, SSA)
- Agency Streamlining – e.g., downsizing HUD, GSA, and DOE operations
Long-Term Impact:
By FY 2000:
- Civilian government employment dropped to its lowest level since 1960
- Government spending as a share of GDP dropped to 18.2%, down from over 22% in 1992
- Deficits turned into surpluses, aided by both spending restraint and economic growth
Bottom Line:
Al Gore’s reinvention initiative cut over $136 billion in federal costs over 7 years, helped reduce the size of government, and contributed materially to the Clinton-era budget surpluses. Many credit it as the most ambitious and effective government efficiency reform since WWII.
Fiscal Year 1995
- Total Federal Budget: ~$1.6 trillion
- Federal Revenue: ~$1.35 trillion
- Deficit: ~$164 billion
- Debt Held by the Public: ~$3.6 trillion
- Major Spending Areas:
- Social Security: ~$354 billion
- Defense: ~$272 billion
- Medicare: ~$160 billion
- Interest on Debt: ~$232 billion
Fiscal Year 2025 (Estimate from the White House Budget Proposal)
- Total Federal Budget: ~$7.3 trillion
- Federal Revenue: ~$5.5 trillion
- Deficit: ~$1.8 trillion
- Debt Held by the Public: Over $28 trillion
- Major Spending Areas:
- Social Security: ~$1.5 trillion
- Defense: ~$850 billion
- Medicare: ~$1.0 trillion
- Interest on Debt: Over $1.0 trillion
What They Did to Achieve This:
- 1993 Deficit Reduction Act (Omnibus Budget Reconciliation Act):
- Raised taxes on the wealthiest 1.2% of Americans.
- Cut spending and capped discretionary expenditures.
- Helped reduce the deficit from 4.7% of GDP in 1992 to 0% by 1998.
- Spending Discipline:
- Federal spending fell as a share of GDP, from ~22.1% in 1992 to ~18.2% by 2000.
- Defense spending was relatively restrained during the post-Cold War era.
- Welfare Reform (1996):
- Reduced welfare rolls, shifting aid to work-based models.
- Lowered some long-term federal social safety net obligations.
- Technology-Fueled Economic Growth:
- The 1990s tech boom boosted GDP and tax revenues without raising tax rates further.
Estimated Long-Term Savings:
It’s hard to isolate exactly “how much they saved us,” but:
- Between 1993 and 2001, cumulative budget surpluses and reduced deficits compared to baseline projections are estimated to have saved over $1 trillion in debt that otherwise would have been added.
- The national debt as a share of GDP fell from 47.8% in 1993 to 32.5% in 2001.
Bottom Line:
The Clinton-Gore administration turned large annual deficits into surpluses, reducing borrowing and interest payments and helping stabilize the long-term fiscal outlook—until the surplus was reversed by the Bush tax cuts, wars, and the 2008 financial crisis.
- Launched in 1993 under President Clinton, led by Gore.
- Intended to streamline government operations, cut waste, and reduce bureaucracy.
- Focused on improving efficiency rather than slashing essential services.
Measurable Savings from Gore’s REGO/NPR:
According to multiple GAO and OMB reports:
| Time Period | Estimated Savings |
| 1993–2000 | Over $136 billion in cumulative savings |
These savings came from:
- Cutting the federal workforce by over 377,000 jobs (largest reduction since WWII)
- Eliminating 16,000+ pages of internal regulations
- Downsizing or consolidating over 250 programs, agencies, and offices
- Privatizing services, closing underused military bases, and improving procurement practices
Examples of Specific Cost-Cutting Measures:
- Defense Base Closure and Realignment (BRAC) – closed dozens of redundant bases
- Procurement Reform – adopted private-sector best practices to save billions on government purchases
- Paperwork Reduction – digitized and simplified forms across agencies (e.g., IRS, SSA)
- Agency Streamlining – e.g., downsizing HUD, GSA, and DOE operations
Long-Term Impact:
By FY 2000:
- Civilian government employment dropped to its lowest level since 1960
- Government spending as a share of GDP dropped to 18.2%, down from over 22% in 1992
- Deficits turned into surpluses, aided by both spending restraint and economic growth
Bottom Line:
Al Gore’s reinvention initiative cut over $136 billion in federal costs over 7 years, helped reduce the size of government, and contributed materially to the Clinton-era budget surpluses. Many credit it as the most ambitious and effective government efficiency reform since WWII.
