Simpsons’ 2000 episode tells us what Trump’s economic legacy will be

In Uncategorized on 15/11/2016 at 7:28 am

Bart To The Future, first broadcast in 2000, showed how the lives of the main characters might turn out.

A grown-up Lisa Simpson was seen as the White House incumbent, explaining to her staff she has “inherited quite a budget crunch from President Trump”.

She then asks her secretary of state, childhood friend Milhouse Van Houten, how bad the country’s finances are as a result of Trump’s time in office. He replies: “We’re broke.”

Well his plans for massive infrastructure spending while cutting taxes sure look that the US will have a massive deficit wen he leaves office.


Add in the infrastructure spending Mr Trump also wants, and the economy could get much hotter ..

For the record, his infrastructure plans (up to US$1 trillion) are a lot bigger than Socalist Bernie’s plan.

Update at 2pm: A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a Donald Trump presidency.

[S]ince inflation and interest rates are seen as likely to rise, investors are seeking assets with a more attractive return. With a Trump administration promising economic stimulus through spending and tax cuts, investors are worried about putting money into low fixed-payment assets, such as bonds.

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