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View Poll Results: Will Trump be a good President?
Yes 93 26.50%
No 258 73.50%
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  #10381  
Old 19.12.2017, 16:15
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Re: Will Trump be a Good President?

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Please look at a historical graph, it was at its lowest point in the last 20 years in Feb 2009, the first full month of Barry's presidency. It has been a pretty steady rise ever since, Trump is just continuing the good work BO did. I suppose that's what is really eating him, and you. In fact Obama's first year in charge had a much steeper gradient to the curve, so he can't even outperform the man he couldn't stop criticising on the economy. Sad!
That was due to the Fed's quantitative easing by printing more money. Tax cuts accomplish similar effect without printing new money, on a much longer and sustained basis.

Case in point on how the markets are currently priced to Trump; Upon fake news that Trump asked Flynn to "collude" with Russia while he was still a candidate, the market dropped 350 points. Wall Street record breaking this year is solidly attributed to Trump agenda.

People's retirement plans are up 30%. Sad, eh?
  #10382  
Old 19.12.2017, 17:13
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That was due to the Fed's quantitative easing by printing more money. Tax cuts accomplish similar effect without printing new money, on a much longer and sustained basis.
Except there haven't actually been any tax cuts yet. Not even passed by congress.

What is happening now is due to Obama's policies pure and simple. It will take another 12 months or more for anything Trump might have already done (or will do if he can drag himself away from the golf course) to have an effect.

And even assuming the tax cuts do happen, the prime effect will be to make an already highly socially unequal society with amongst the worst social mobility for a developed country even worse. The rich will get even richer, the poor will get poorer. But your own statements make it clear you don't remotely care for the poor.
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  #10383  
Old 19.12.2017, 17:26
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Except there haven't actually been any tax cuts yet. Not even passed by congress.

What is happening now is due to Obama's policies pure and simple. It will take another 12 months or more for anything Trump might have already done (or will do if he can drag himself away from the golf course) to have an effect.

And even assuming the tax cuts do happen, the prime effect will be to make an already highly socially unequal society with amongst the worst social mobility for a developed country even worse. The rich will get even richer, the poor will get poorer. But your own statements make it clear you don't remotely care for the poor.

Not really, as the stock market reaction already factor in Trump's policies, and Trump's deregulations are making business investment more sound.

Social mobility in the US does not happen through government grants. Never has. Social mobility occur through a robust economy that provides people with an opportunity to work.

So yes, this is about providing the poor a way to get out of being poor. Feeding the government only increases the number of poor.
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  #10384  
Old 19.12.2017, 19:04
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Re: Will Trump be a Good President?

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If only you could find a way of writing which doesn't sound like you are trying to convince yourself more than anyone else, then it would be awesome.
I was thinking that, he's really coming over a bit more delusional and desperate than before, seems to be increasing his emoticon use too, never a good sign.

Still, fingers crossed for the tax bill, I'm expecting some awesome dividends that the US government put itself in hock to pay me.
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  #10385  
Old 19.12.2017, 19:14
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Re: Will Trump be a Good President?

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Not really, as the stock market reaction already factor in Trump's policies, and Trump's deregulations are making business investment more sound.

Social mobility in the US does not happen through government grants. Never has. Social mobility occur through a robust economy that provides people with an opportunity to work.

So yes, this is about providing the poor a way to get out of being poor. Feeding the government only increases the number of poor.
I wonder if the same can be said about edu and health: feeding school admin diminishes funding for concrete edu opportunities, feeding health admin diminishes accessible health service. It is no complex theory. I do not think Trump himself likes this, actually. I do not think he is in it to watch the entire system implode. It has already, to some extent, before he had any impact.

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  #10386  
Old 19.12.2017, 19:45
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Re: Will Trump be a Good President?

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Not really, as the stock market reaction already factor in Trump's policies, and Trump's deregulations are making business investment more sound.

Social mobility in the US does not happen through government grants. Never has. Social mobility occur through a robust economy that provides people with an opportunity to work.

So yes, this is about providing the poor a way to get out of being poor. Feeding the government only increases the number of poor.
Yes indeed, because the poor are well known for investing heavily in the stock market.Their 401(k)s are bursting at the seams. Just the other day, a homeless man threw the quarter I'd just given him back at me, then wiped the Dom Perignon trickling down (one might say) his stubbled chin with a $100 bill.

And of course, it's also well known that more money in retirement funds translates directly to more sales at Costco and Walmart, and consequently more jobs for the poor, because all those people are drawing down on their 401(k)s to buy Japanese TVs, German cars and Czech beer.

Good times! MAGA!

Last edited by Guest; 20.12.2017 at 14:54. Reason: 401, not 410
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Old 19.12.2017, 19:50
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I wonder if the same can be said about edu and health: feeding school admin diminishes funding for concrete edu opportunities, feeding health admin diminishes accessible health service. It is no complex theory. I do not think Trump himself likes this, actually. I do not think he is in it to watch the entire system implode. It has already, to some extent.
Education system is in a bit of a mess, as it creates a class of professional students for its own sake. It is not really developing graduates skilled at creating value, but seemingly sufficient at political rhetoric. At some point, they still need to figure out how to catch what they eat. Most got shocked when they enter the real world. Perhaps those who do scientific research that can be monetized stand a fair chance. But for those who have strange majors, the market will have to prove whatever value it has. I certainly would not want tax dollars wasted into silly ideas.
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Old 19.12.2017, 19:55
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Re: Will Trump be a Good President?

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Education system is in a bit of a mess, as it creates a class of professional students for its own sake. It is not really developing graduates skilled at creating value, but seemingly sufficient at political rhetoric. At some point, they still need to figure out how to catch what they eat. Most got shocked when they enter the real world. Perhaps those who do scientific research that can be monetized stand a fair chance. But for those who have strange majors, the market will have to prove whatever value it has. I certainly would not want tax dollars wasted into silly ideas.
I really would hate to live in the society you seem to want.
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  #10389  
Old 19.12.2017, 20:34
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Re: Will Trump be a Good President?

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Dad hit a solid with his National Security Strategy, I mean Trump. It is quite clear where he and the US stands, and where it is going. Makes it clear for everyone else where they are in relation to it. It should also send a clear message of support to Eastern Europe, as well as notice to the EU.

I also love how Nikki Haley showed up the hipocrisy of all the other 14 countries in the UN Security Council. Totally love how that Indian-American woman put every one in the UNSC in their place.

So glad Hillary lost. The world would have been in a duplicitous mess under her. The US is back on track with Trump.

If only the UK had more balls, eh?
" ...as well as notice to the EU..."? Either you did not read his strategy or you did not understand it? The strategy loves the EU!

From the published strategy paper
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“The United States and Europe will work together to counter Russian subversion and aggression”

Quote:
A strong and free Europe is of vital importance to the United States.
Today, Europe is one of the most prosperous regions in the world and our most significant trading partner.


As Bloomberg has pointed out Trump's speech does not align well with the words in the published strategy paper so probably like you Trump either did not read his strategy or did not understand it or does not agree with it?

Bloomberg article here.

Text of the strategy paper here.

Edit - for the Brexiteers, there is not one mention of the UK.

Special relationship!
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  #10390  
Old 19.12.2017, 20:36
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" ...as well as notice to the EU..."? Either you did not read his strategy or you did not understand it? The strategy loves the EU!
As long as they pay their fair share for their own security. Trump is making them pay for it now. But no, Trump's NSS is squarely contrary to having an EU like body making decisions for sovereign nations.

The EU countries will have to continue to increase its defence spending.
  #10391  
Old 19.12.2017, 20:44
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Re: Will Trump be a Good President?

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As long as they pay their fair share for their own security. Trump is making them pay for it now. But no, Trump's NSS is squarely contrary to having an EU like body making decisions for sovereign nations.

The EU countries will have to continue to increase its defence spending.
No doubt you have a source for this fantasy? You just need to quote page and line numbers in the published Trump NSS
  #10392  
Old 19.12.2017, 20:56
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Re: Will Trump be a Good President?

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I really would hate to live in the society you seem to want.
Deplorable, ain't it? It is like that after kindergarten. Oh, they have guns too, lots of guns.
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Old 19.12.2017, 22:38
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Re: Will Trump be a Good President?

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In the Virginia House of Delegates the GOP had a 32-seat majority heading into the Nov. 7 election. Today Republicans have a 51-49 advantage in the chamber.
Three Democrats and one Republican have filed for a recount so Republicans could lose advantage in the chamber.

Democrats claim this stunning result is due to Trump unpopularity!
Provisional result today of the recount in the Virginia 94th district shows a Democrat beating the Republican lead which would result in the GOP losing advantage in the Virginia House of Delegates
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Old 19.12.2017, 23:52
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Re: Will Trump be a Good President?

The finance ministers of Germany, France, Britain, Spain and Italy sent a letter to Treasury Sec. Steven Mnuchin last week, arguing the [tax reform] rule changes would give American firms an unfair advantage over their international rivals.

Likely this will result in the EU taking the dispute to the WTO
  #10395  
Old 19.12.2017, 23:56
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The finance ministers of Germany, France, Britain, Spain and Italy sent a letter to Treasury Sec. Steven Mnuchin last week, arguing the [tax reform] rule changes would give American firms an unfair advantage over their international rivals.

Likely this will result in the EU taking the dispute to the WTO
Good luck with getting the US to adhere to anything like that. LOL Those finance ministers will have to tell their people the price they pay for their welfare state and go on a diet.

The whining might have worked under Obama, but it won't fly under Dad's tenure.
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  #10396  
Old 20.12.2017, 00:14
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Good luck with getting the US to adhere to anything like that. LOL Those finance ministers will have to tell their people the price they pay for their welfare state and go on a diet.

The whining might have worked under Obama, but it won't fly under Dad's tenure.
There will not be anything for the US to adhere to? The likely result will be that the WTO permits countries to levy punitive tariffs on some imports from the US!

Meanwhile several provisions in the tax reform bill were today ruled out of order in the Senate; probably just the first of many drafting failures in this rushed document.
One example, the Senate parliamentarian ruled on Tuesday that the GOP tax bill's short name, "The Tax Cuts and Jobs Act," violates budget rules.

Consequently it will have to return to the House for another vote
  #10397  
Old 20.12.2017, 07:00
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Re: Will Trump be a Good President?

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I wonder if the same can be said about edu and health: feeding school admin diminishes funding for concrete edu opportunities, feeding health admin diminishes accessible health service. It is no complex theory. I do not think Trump himself likes this, actually. I do not think he is in it to watch the entire system implode. It has already, to some extent, before he had any impact.
"In this present crisis, government is not the solution to our problem; government is the problem."

How ridiculous that people here would rather vote for life long bureaucrats who tell them the opposite...
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  #10398  
Old 20.12.2017, 10:18
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Re: Will Trump be a Good President?

Senate approved the US tax reform bill which now has to return to the House for a vote to correct some wording!

So far the US stock markets are slightly down, proving the truth of the old saying "buy the rumor, sell the news".

Meanwhile
the US Govt. will run out of money soon, possibly as soon as Friday, so Congress needs to get their act together.

Despite the Jerusalem decision, Trump's popularity hits new lows according to the latest polls.

Source

Trump presumably labels these polls as false news and plans to campaign for GOP candidates in the 2018 midterms which could be the kiss of death for them

Virginia House of Delegates
The result of one recount (subject to court approval) will leave the Virginia House of Delegates split at 50-50.
It will be the first time in nearly two decades that the GOP doesn’t control the state’s lower legislative chamber and with one GOP seat still in play with recount pending.

Before the Nov. 7 elections, Republicans had held a 66-34 majority in the House.
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Old 20.12.2017, 10:35
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Re: Will Trump be a Good President?

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Education system is in a bit of a mess, as it creates a class of professional students for its own sake. It is not really developing graduates skilled at creating value, but seemingly sufficient at political rhetoric. At some point, they still need to figure out how to catch what they eat. Most got shocked when they enter the real world. Perhaps those who do scientific research that can be monetized stand a fair chance. But for those who have strange majors, the market will have to prove whatever value it has. I certainly would not want tax dollars wasted into silly ideas.
Obviously you talk from personal experience, are you still waiting to enter the real world?
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Old 20.12.2017, 10:57
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"In this present crisis, government is not the solution to our problem; government is the problem."

How ridiculous that people here would rather vote for life long bureaucrats who tell them the opposite...
I dunno. Things are relatively calm and doing well in the US. There is mass psychological hysteria around Trump pumped out by leftist media, but that is more like slapstick comedy than anything disastrous. It only really affects the overly sensitive. And well, Trump keeps winning anyway.

The tax reform bill is a clear signal we are not headed towards some socialistic welfare state. It effectively defunds many social engineering projects downstream. Even if the democrats sweep in 2018, they won't be able to put it back.

It is an indication we will continue to see peaks of excellence, extraordinary accomplishments and diamonds in the rough. In other words, America being America, fnck yeah.
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