I got to give it to the man for doing an amazing job on our economy thus far. Method to the madness. Not going to doubt anymore until he begins to fail. Not going to jump the gun and say this will cause that to happen.
Tariffs don't work, he is such a fricken moron.... You know who pays Tariffs? WE DO.....because the companies that have to pay them simply raise up their products prices so we the consumer pays them. Trump is the such an anti-intellectual - with a brain the size of his tiny junk. IDIOT to the extreme. DD
Protectionist policies are basically another form of welfare. The burden of the unsustainable business/industry is passed on to the rest of society.
Yup. But he's appealing to his base. Jobs! (Inefficient, wasteful) jobs! Protectionism is bad and all the perceived benefits are short term, but democratic leaders tend to love these short term beneficial policies because they'll be long gone once the **** hits the fan. Bring back monarchies! That would probably also stop (or severely lessen) our wars, since any war would just be for some objective goal (land, most likely) and not ideals like "defeating terrorism" or "installing democracy" - which have no real end-game and just lead to perpetual war.
He was appointed and then took over, the monarchy is not too bad if the ruler is competent, but history tells us that the rulers always devolve into incompetent fools at some point down the line. Of course we did elect Trump, so I am not sure where that put democracy.
What? I think of the phrase "its easier to go to war than it is to get out of a war" when I think of what Trump is doing with the economy. Unleashing wall street through deregulation like rolling back Dodd Frank is easy. Its easy to PROMISE corporate tax cuts. Its easy to just sign executive orders which allows corporations to pollute streams and rivers. What is hard is sustained steady growth, and having longterm stable markets with steady job growth. The stock market boom is based on alot of things, but much of it is based on these promises that the government has made. If those promises aren't kept then you could see alot of money and confidence lost which will cause a steep decline. Trump is essentially running a high risk, high reward economy governance style and it could really backfire in the short term. In the longterm its also almost always bad when you roll back consumer protection, and protecting financial entities from themselves. Dodd Frank wasn't implemented just to protect consumers against financial services taking advantage of them, it is also there to make sure banks don't operate appropriately and don't get themselves in another scheme like the mortgage backed security crisis which crashed our market in 07/08. Trump is not just asking, but inviting this scenario to return again in a couple years. We are already seeing this with what is called stock buy backs which is at an all time high. This is nothing but a C-level get rich quick scheme and its going to have a price to pay in the near future. I won't launch into the argument about what economy Trump was gifted from the Obama admin because its pointless. But what he's done since inheriting the economy he has gotten is like shoving a rocket up the backside of a healthy race horse. Yeah it could make that horse jump off the finish line and take a commanding lead.... but it can also blow up the horse from the inside out.
Trumps tariffs sure haven't worked... .. . So many libtards in this board only hate. They never eat crow, they never acknowledge their ignorance. They just keep hating.
That's correct. They haven't. That's why he's had to give government handouts to various groups of U.S. citizens. Maybe you are in favor of govt. Handouts.? I don't mind them when they are necessary. But when they are created by Trump's stupid tarrif BS then I hate them. https://www.reuters.com/article/us-...n-tariff-related-aid-to-farmers-idUSKCN1LC23X
More ignorance. In a trade war that's what that ability is for. To use an analogy: It's like a regiment on the field who need ammo drops. The Chinese tried to target a sector of our population in the trade war, Trump subsidized and we are dominating the war and financially coming out way ahead. Economy = great again.
So you are in favor of creating the need for billions of dollars in govt. handouts? There is already a corrective measure to take regarding unfair trade practices. The United States has done very well using that measure. It does take longer than anyone would like. But it beats having to spend billions in government handouts. Like I said, if you favor those when we could avoid the tariffs and file a complaint about trade practices, win, and not have to pay the billions, then this is a win for you. I don't think it's a win for the United States.
