CDZ Trump's economy

[Meane]

Trump says he'll build America great again; the policies, the infrastructure and all. And since there are so many fans excited about it, I'd like them to tell how Trump is going to keep his proposed system going; low faxes, cheap healthcare, good education, build everything and the wall, and the criminals will be put away (where?). And then there's the immigrants and the drugs that will find a way through, with or without the wall.

I've never heard Trump say how he will do it. He's an idea of how to begin - an unethical idea, but an idea nonetheless - but not a whisper of later times. My suspicion is he doesn't give a crap, but what about those who think he's a hearty man?

 

[jwoodie]

Trump says he'll build America great again; the policies, the infrastructure and all. And since there are so many fans excited about it, I'd like them to tell how Trump is going to keep his proposed system going; low faxes, cheap healthcare, good education, build everything and the wall, and the criminals will be put away (where?). And then there's the immigrants and the drugs that will find a way through, with or without the wall.

I've never heard Trump say how he will do it. He's an idea of how to begin - an unethical idea, but an idea nonetheless - but not a whisper of later times. My suspicion is he doesn't give a crap, but what about those who think he's a hearty man?

How about opening your eyes and shutting your yap?

 

[bt404]

Trump says he'll build America great again; the policies, the infrastructure and all. And since there are so many fans excited about it, I'd like them to tell how Trump is going to keep his proposed system going; low faxes, cheap healthcare, good education, build everything and the wall, and the criminals will be put away (where?). And then there's the immigrants and the drugs that will find a way through, with or without the wall.

I've never heard Trump say how he will do it. He's an idea of how to begin - an unethical idea, but an idea nonetheless - but not a whisper of later times. My suspicion is he doesn't give a crap, but what about those who think he's a hearty man?

How about opening your eyes and shutting your yap?

Nah

 

[Toronado3800]

Trump says he'll build America great again; the policies, the infrastructure and all. And since there are so many fans excited about it, I'd like them to tell how Trump is going to keep his proposed system going; low faxes, cheap healthcare, good education, build everything and the wall, and the criminals will be put away (where?). And then there's the immigrants and the drugs that will find a way through, with or without the wall.

I've never heard Trump say how he will do it. He's an idea of how to begin - an unethical idea, but an idea nonetheless - but not a whisper of later times. My suspicion is he doesn't give a crap, but what about those who think he's a hearty man?

Trump is vague I agree.

I think he's a bit of a protectionist which I support.

I think he believes lower taxes will pump the economy and the GDP increase will offset the deficit. Not the most ridiculous idea. We'll have to see how far he takes it and what taxes he lowers. I'm skeptical of how he will apply this.

I think his/the GOP healthcare plan is not THE WORST thing ever. If they would admit "everyone gets treated at the socialist Emergency Room so everyone has to have insurance" we could go from there. The age based vs income based insurance assistance plan seems dubious, then again I wan the poor to have SOME KIND of insurance so I don't have to carry them along more than the average man.

Really I disagree with Trump quite a bit but you are civil and I'll debate.

 

[Meane]

Trump, in order to get the companies to stay in America, will pay tax payers' money as subsidies to bribe them to stay. He will also, though he says the wages are too low, lower the minimum wage. It is likely the wages will be lowered and though the corporate taxes will be lower they may save more by paying less to workers. Of course it remains to be seen, but it's kind of controversial. What is he going to do, lower the minimum wage and verbally encourage people to pay more than they have to? It's a bit like lowering taxes and asking people to pay more if they want to.

With the taxes he's proposing, the estimated amount America will "lack" in a decade is 10 trillion dollars. Over the decade after that it is estimated to be some 14 trillion dollars.

So in order to make that happen there would be huge cuts. Federal spending would need at least a 20% cut. Which could be 100% of defence, 82% of domestic or 41% of Medicare and social security.

Trump says he will not cut from Medicare nor social security which leaves it all to be cut from defence (he sounds like he won't) or domestic programmes (an enormous amount, can't be done).

The debt at the moment which he swears to reduce is 18,4 trillion dollars. With his proposal in taxes, though he hasn't yet made a spending proposal, the public debt should increase, in about eight years, from 74% to 125%.

The experts, many of them, believe it is not possible to reduce debt without cutting from Medicare, Medicaid and social security which take over half of all government spending. Still, Trump doesn't believe it. Or maybe just doesn't want to be the one to tell the people of any such cuts.

He says America will profit from cutting of the waste of money to such things as the department of education and environmental protection. However, these have gotten less than 3% of the money in the last year. EPA got 7 billion, education 90 billion and planned parenthood 450 million. Saving that money does not help America out of its debts and even the act of cutting it is silly.

 

[jwoodie]

Trump says he'll build America great again; the policies, the infrastructure and all. And since there are so many fans excited about it, I'd like them to tell how Trump is going to keep his proposed system going; low faxes, cheap healthcare, good education, build everything and the wall, and the criminals will be put away (where?). And then there's the immigrants and the drugs that will find a way through, with or without the wall.

I've never heard Trump say how he will do it. He's an idea of how to begin - an unethical idea, but an idea nonetheless - but not a whisper of later times. My suspicion is he doesn't give a crap, but what about those who think he's a hearty man?

Trump is vague I agree.

I think he's a bit of a protectionist which I support.

I think he believes lower taxes will pump the economy and the GDP increase will offset the deficit. Not the most ridiculous idea. We'll have to see how far he takes it and what taxes he lowers. I'm skeptical of how he will apply this.

I think his/the GOP healthcare plan is not THE WORST thing ever. If they would admit "everyone gets treated at the socialist Emergency Room so everyone has to have insurance" we could go from there. The age based vs income based insurance assistance plan seems dubious, then again I wan the poor to have SOME KIND of insurance so I don't have to carry them along more than the average man.

Really I disagree with Trump quite a bit but you are civil and I'll debate.

But first read The Art of the Deal.

 

[Toronado3800]

Trump says he'll build America great again; the policies, the infrastructure and all. And since there are so many fans excited about it, I'd like them to tell how Trump is going to keep his proposed system going; low faxes, cheap healthcare, good education, build everything and the wall, and the criminals will be put away (where?). And then there's the immigrants and the drugs that will find a way through, with or without the wall.

I've never heard Trump say how he will do it. He's an idea of how to begin - an unethical idea, but an idea nonetheless - but not a whisper of later times. My suspicion is he doesn't give a crap, but what about those who think he's a hearty man?

Trump is vague I agree.

I think he's a bit of a protectionist which I support.

I think he believes lower taxes will pump the economy and the GDP increase will offset the deficit. Not the most ridiculous idea. We'll have to see how far he takes it and what taxes he lowers. I'm skeptical of how he will apply this.

I think his/the GOP healthcare plan is not THE WORST thing ever. If they would admit "everyone gets treated at the socialist Emergency Room so everyone has to have insurance" we could go from there. The age based vs income based insurance assistance plan seems dubious, then again I wan the poor to have SOME KIND of insurance so I don't have to carry them along more than the average man.

Really I disagree with Trump quite a bit but you are civil and I'll debate.

But first read The Art of the Deal.

Are you familiar enough with it to answer the question or say where he stands now?

 

[jwoodie]

Are you familiar enough with it to answer the question or say where he stands now?

I would say that he is negotiating for better deals for the U.S.

And making the MSM look like fools.

 

[Toronado3800]

Are you familiar enough with it to answer the question or say where he stands now?

I would say that he is negotiating for better deals for the U.S.

And making the MSM look like fools.

If this is what we are talking about, NAFTA is not something I support. We can debate if pumping the Mexican economy with our money has long term benefits but in the short term burning NAFTA has to be better for the U.S. I agree.

 

[Meane]

Are you familiar enough with it to answer the question or say where he stands now?

I would say that he is negotiating for better deals for the U.S.

And making the MSM look like fools.

What kind of deals are you referring to exactly?

 

[jwoodie]

I wan the poor to have SOME KIND of insurance so I don't have to carry them along more than the average man.

Do you really believe that, by giving them free/subsidized health insurance, you are not still "carrying them along?"

 

[Toronado3800]

I wan the poor to have SOME KIND of insurance so I don't have to carry them along more than the average man.

Do you really believe that, by giving them free/subsidized health insurance, you are not still "carrying them along?"

Yes.

To use a Micro example of how it is less bad at the least:

I knew a young working class poor gal with no insurance after Y2K. Her gall bladder went bad. The hospital removed it with a $100 down payment. Poof, we paid the rest. Her credit rating went for bad to badder (lol)

IF we had forced health coverage at the time even if if subsidized she would have paid SOMETHING for insurance. Maybe $500, Maybe $1,000, Maybe $250, but SOMETHING and the country would have been better off.

Either way she gets the surgery. Either way it sucked for the rest of us to have to pay for some or all of it. But if her tax return from the previous year was garnished for insurance we would have paid less to support her.

 

[jwoodie]

I wan the poor to have SOME KIND of insurance so I don't have to carry them along more than the average man.

Do you really believe that, by giving them free/subsidized health insurance, you are not still "carrying them along?"

Yes.

To use a Micro example of how it is less bad at the least:

I knew a young working class poor gal with no insurance after Y2K. Her gall bladder went bad. The hospital removed it with a $100 down payment. Poof, we paid the rest. Her credit rating went for bad to badder (lol)

IF we had forced health coverage at the time even if if subsidized she would have paid SOMETHING for insurance. Maybe $500, Maybe $1,000, Maybe $250, but SOMETHING and the country would have been better off.

Either way she gets the surgery. Either way it sucked for the rest of us to have to pay for some or all of it. But if her tax return from the previous year was garnished for insurance we would have paid less to support her.

With all of your "money saving" social programs, we should be awash in cash with no debt. Why do they keep costing us more and more?

 

[Toronado3800]

I wan the poor to have SOME KIND of insurance so I don't have to carry them along more than the average man.

Do you really believe that, by giving them free/subsidized health insurance, you are not still "carrying them along?"

Yes.

To use a Micro example of how it is less bad at the least:

I knew a young working class poor gal with no insurance after Y2K. Her gall bladder went bad. The hospital removed it with a $100 down payment. Poof, we paid the rest. Her credit rating went for bad to badder (lol)

IF we had forced health coverage at the time even if if subsidized she would have paid SOMETHING for insurance. Maybe $500, Maybe $1,000, Maybe $250, but SOMETHING and the country would have been better off.

Either way she gets the surgery. Either way it sucked for the rest of us to have to pay for some or all of it. But if her tax return from the previous year was garnished for insurance we would have paid less to support her.

With all of your "money saving" social programs, we should be awash in cash with no debt. Why do they keep costing us more and more?

That is a fair question but I think for another topic like food stamps.....Do you view forced health insurance as a social program? I view it as making my young friends and poor neighbors pay SOMETHING towards their own insurance.

Maybe I have a different view.

You should have heard the old man living next to me fussin when he HAD to get insurance or pay some tiny penalty.

Notice in my single case example above we effectively already had the social program in ~2002 when gal had her gall bladder removed. Individually she is not better off if we charged her even just $500 for insurance the year before,the country is. Her credit sucked / sucks either way. She had her gall bladder removed either one. One way she paid $100 towards it. With mandatory insurance she would have paid more.

 

[waltky]

Longest bull market in history...

What the longest bull market in history means for the economy and your investments
Aug 22, 2018 - With the closing bell, U.S. stocks on Wednesday marked what is being considered the longest bull market in history: 3,453 days.

The S&P 500 bottomed out in March 2009 after the U.S. financial crisis. Since then, stocks have grown by more than 300 percent. The last time the S&P 500 rose consistently for this long was from 1990 to 2000. The historic mark is largely symbolic, but it does provide investors a chance to reassess the market’s long-term health and re-evaluate their strategies moving forward.

What is a bull market?

A bull market is the trend of stocks rising. It is the opposite of a bear market, when stocks are falling. Generally, a market is considered to have turned from a bull to a bear market when stocks lose more than 20 percent of their value. A drop that large has not happened since 2009, even though the market has experienced some volatility. In February, the Dow Jones Industrial Average saw the largest one-day drop in its history when it shed 1,175 points, or 4.6 percent. With that exception, “volatility has been surprisingly low,” said Vikram Mansharamani, the author of Boombustology: Spotting Financial Bubbles Before They Burst.

He attributes the market’s steady nature to passive investing, a strategy that tries to maximize return by reducing the number of daily or short-term trades. Investors instead attempt to match the long-term trend of indexes like the Dow Jones Industrial Average. Volatility aside, on the whole, the stock market has been performing well. That is because bull and bear markets are defined by longer trends instead of daily stock moves. (Fun fact: It is unclear where the names for bull and bear market originate, but one of the most popular theories is that they are based on how bulls and bears attack–a bull thrusting its horns upward versus a bear swiping its paws down.)

Should we expect a downturn soon?

Just because the U.S. has experienced a bull market for so long, it does not mean a bear market is on the horizon. “All market cycles do come to an end, but when you look at the fundamentals of the economy, they are still strong,” said Tony Drake, a certified financial planner and CEO of Drake & Associates. One reason this bull market might last longer is it started from such a low point. In 2009, stocks had lost more than 50 percent of their value. The Dow Jones Industrial fell to its lowest since 1997. That means, the stock market had plenty of room to grow, and despite passing pre-recession levels, could still have room to run.

MORE

 

[blackhawk]

Most if not all politicans are vauge on how they will do what they promise or pay for it that didn't start with Trump and it wont end with him.

 

[Toronado3800]

Trump says he'll build America great again; the policies, the infrastructure and all. And since there are so many fans excited about it, I'd like them to tell how Trump is going to keep his proposed system going; low faxes, cheap healthcare, good education, build everything and the wall, and the criminals will be put away (where?). And then there's the immigrants and the drugs that will find a way through, with or without the wall.

I've never heard Trump say how he will do it. He's an idea of how to begin - an unethical idea, but an idea nonetheless - but not a whisper of later times. My suspicion is he doesn't give a crap, but what about those who think he's a hearty man?

Trump is a lot of blow, a bit of substance. So far he hasn't ruined the Obama recovery and is doing some things which have a short term positive. His environmental goals seem a bit short sited though.