Quote of the Day: Debt? What Debt?

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From Donald Trump, on his plans to run up the deficit in order to rebuild infrastructure:

I’ve borrowed knowing that you can pay back with discounts. I’ve done very well with debt….Now we’re in a different situation with the country, but I would borrow knowing that if the economy crashed, you could make a deal. And if the economy was good it was good, so therefore, you can’t lose.

There you have it. If Trump crashes the economy, he’ll just default on our sovereign debt. Easy peasy. Why is everyone so worried?

POSTSCRIPT: This is a pretty good example of the Trump Dilemma™. Do you ignore this kind of desperate plea for attention? Or do you write a long, earnest piece about just why it’s a very bad idea indeed? You can hardly ignore it since it’s now coming from the Republican Party’s presidential nominee. But giving it oxygen just gives Trump the free media he was angling for in the first place. In this case, I’m semi-ignoring it. Josh Marshall takes the opposite tack here. Decisions, decisions.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

Our fall fundraising drive is off to a rough start, and we very much need to raise $250,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today.

As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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