Exhibit 3
Why Trump is Wrong
Honesty:
Don't believe what they all say. Believe me. I am the only one.
In other words, for every four statements Donald Trump makes, only one of them is true, according to the site.
Trump said he would reduce the debt by eliminating waste in federal spending. He demonstrated this ability in his campaign by using Twitter instead of an expensive PR campaign. He emphasized cost containment in his book "The Art of the Deal." But his debt reduction plan adds $5.3 trillion to the nation's debt.
Trump said that cutting taxes will increase growth enough to offset the loss of revenue. Trump's tax plan will cut income taxes and lower the corporate tax rate to 21 percent. But it will increase the debt, not reduce it. Trump's reliance on supply-side economic theory won't work. The Laffer curve says that tax rates must be in the prohibitive zone, above 50 percent, to work.
Trump promised to grow the economy by 6 percent annually to increase tax revenues. That would be too fast for healthy economic growth. It would create inflation, a boom-bust cycle, and then a crash. His tax plan forecasts a 3 percent growth rate.
He also said he could continue to "borrow knowing that if the economy crashed, you could make a deal. The U.S. will never default because you can print the money." These are the most dangerous statements Trump has ever uttered. The first one is a blatant falsehood. If the economy collapsed, there would be no one to make a deal with. It would send the dollar into a collapse. That would send the entire world into another Great Depression. Printing money would send the dollar back into decline. Interest rates would rise as creditors lost faith in U.S. Treasurys.
That would create a recession.
World affairs: "The world respects us again."
After 16 months, however, leaders of long-standing allies like Abe, France's President Emmanuel Macron, Germany's Chancellor Angela Merkel and Britain's Prime Minister Theresa May - all initially deferential to Trump and his famous ego - have grown frustrated and at times disapproving.
Significantly, so have their citizens, increasing the pressure on foreign leaders to distance themselves from Trump's America. Across 134 countries, the median approval of U.S. leadership dropped 18 points in Trump's first year, to a record low of just 30%, according to a Gallup survey released in January. That was before Trump's decisions to withdraw from the Iran nuclear deal and impose tariffs on a number of allies, which further alienated many of them.
The finding echoed a Pew Research Center survey last year that found in all but two of 37 nations polled, Trump got far lower marks than President Obama; the exceptions were Russia and Israel. - Los Angeles Times Click here for more
Women: "No one respects women more than I do."
"You know, it really doesn't matter what [the media] write as long as you've got a young and beautiful piece of ass."
"Women: You have to treat them like s**t."
"A person who is very flat chested is very hard to be a 10."
Immigration: "They're bringing drugs, they're bringing crime, they're rapists."
- June 2015 speech announcing his candidacy
It's kind of interesting to see this hysterical raving alongside of another astonishing propaganda campaign that Bolton and his colleagues are carrying out with regard to the caravan of poor and miserable people fleeing from severe oppression, violence, terror, extreme poverty from three countries: Honduras-mainly Honduras, secondarily Guatemala, thirdly El Salvador-not Nicaragua, incidentally-three countries that have been under harsh U.S. domination, way back, but particularly since the 1980s.
- Posted By Tim Hains RealClear Politics. Click here for a quick history lesson.