Sure , just like last time and Bushs before him and Saint Ronny..
As Gibbs correctly pointed out, that Trump(Against Trump), or any other Republican Candidate, would have Spending cutters.
And as Spike correctly pointed out that despite that, the debt soared.
The real Crux of the problem is that in order for Trickle Down, etc, to work, you have to cut spending.
Margaret Thatcher saved England with Trickle Down policy.
If you cut taxes, for both the BUSINESSES(That have jobs, create jobs), and not just only for NON BUSINESS RICH, but for everybody, and then if CUT SPENDING COMMENSURATE WITH THE TAX CUTS, AND IF HAVE A SEMI FLATTER TAX SYSTEM, then that will make it so that 1. Businesses have money to expand, create more jobs, Trickle Down, etc. 2. People have more money to not only pay bills, but buy things, thus STIMULATING THE ECONOMY, CREATING MORE JOBS, ETC. 3. The first 2 things will not only STIMULATE THE ECONOMY, CREATE JOBS, but that will lead to MORE PEOPLE HAVING MORE MONEY, and that will lead to MORE PEOPLE WITH MORE MONEY PAYING TAXES THAT DIDNT PAY TAXES BEFORE BECAUSE THEY DIDNT HAVE MONEY BEFORE, and that would OVER THE LONG TERM, CREATE MORE TAX DOLLARS AT THE LOWER TAX RATE, THEN AT THE HIGHER TAX RATE, WHICH COMBINED WITH THE COMMENSURATE CUT SPENDING, WOULD ELIMINATE THE DEBT, BALANCE BUDGET.
The keys to that working is 1. CUTTING SPENDING COMMENSURATELY WITH THE TAX CUTS.
2. Having the patience, time to get to the long term.
It works in theory as proven by Margaret Thatcher, England.
The problems with it are:
1. The Repubs don't have the backbone to stick to the CUTTING SPENDING GUNS.
2. Even if the Repubs did stick to CUTTING SPENDING guns, the DEMOCRATS do not believe in CUTTING SPENDING.
3. Even in the Republican Party there are those that wouldn't CUT SPENDING.
4. Nobody, except SOME in the Republican Party, wants to cut spending, PROGRAMS, etc, because US, the people like our programs, pork, etc, that we get from the govt, etc.
Those reasons above creates a situation that whenever a Republican tries to do what Reagan, others like him tried to do, here what happen:
The Democrats fight it, fight cutting taxes, fight cutting spending. If Democrats have superior numbers, the Trickle Down, etc, gets shot down.
If it's a 50/50 gridlock split, then it doesn't happen because of Repubs being spineless, and either give in, quit, don't fight the Democrats well, etc.
If the Repubs control everything, then they fight, squabble, can't decide HOW to cut spending, cut taxes, an or if they can, a more Rhino, moderate Republican faction wing that does not want to cut taxes, programs, etc, BLOCKS, STOPS it.
And even if Trickle Down, TAX cuts, etc, cutting spending gets approved, etc, then it only last 2 to 4 to 6 years, and what happens is there is a huge debt BECAUSE THERE HASNT BEEN ENOUGH TIME FOR THE ECONOMY TO STIMULATE, and have more people with more money to have more people with money paying taxes for a long enough time combined with cutting spending commensurately to pay off debt, balance budget, etc.
And the reason it would only last about 2 to 4 to 6 years, is because of either Democrats fighting it, some Repubs fighting it, and because a Democrat would get elected, and put a stop to it, because the Democrats, Even some Repubs, Govt, American people do not want to CUT SPENDING, CUT PROGRAMS, CUT TAXES, BECAUSE THEY WANT TO INCREASE TAXES TO SPEND MORE MONEY, SPEND MORE MONEY ON PROGRAMS, ETC, AND BECAUSE OF THAT HAVE BIGGER DEBT, UNBALANCED BUDGET, ETC.
SO ITS THE FAULT OF BOTH THE REPUBS, DEMOCRATS, GOVT, AMERICAN PEOPLE, ETC.
Cutting Taxes, Trickledown, can work if done the right way, which includes cutting spending, programs, waste, pork, etc, commensurately with, to the tax cuts, etc, as evidenced by Margaret Thatcher doing it successfully in England.
The problem is that currently, and since the 70's, the Repubs, Govt, American people don't have the the same ability that Margaret Thatcher, England's Govt, England's people had back then to make it happen, and that's the only reason why it won't work, as if it's EXECUTED, DONE CORRECTLY IT WILL WORK, as evidenced by Margaret Thatcher making it work, it's just NOT been done CORRECTLY, which is why Reagan, and all the other Repub Presidents were FAILED in not balancing budget and driving debt higher, because they were FAILED by the Congress, Govt, American People, etc, who did NOT EXECUTE, DO it CORRECTLY, like how Margaret Thatcher,
England's Govt, People did it correctly(until decades later, England's people, got, undid everything Margaret Thatcher achieved financially, etc)
So that's why both Gibbs, Spike both right(Exceot what Gibbs said about Trump, as Trump needs to not be president, locked up, etc)