usmbguest5318
Gold Member
Transcript of Trump's address to Congress
Video of Trump's address to Congress
I didn't watch the speech. I'm reading it and these are my initial thoughts/notes about it. (Apologies for the sub-standard grammar....) The emboldened text are my thoughts. For topics that I have a readily available reference point for why I say what I say, I've included links. I haven't bothered to look up stuff I don't know off the top of my head.
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That was as far as I could read sentence by sentence. I scanned from there out. I didn't see anything new. Was there something? Did he provide any details that he'd heretofore not shared? Nothing lept out, but as I said, I scanned after that....I saw a lot of "rah, rah, rah." That's nice. I'm sure it makes someone feel good. I don't care about feeling good.
Now, as before during the campaign, I want to see some specifics that I can get my mind around and know what I think about them, and what to do in light of their implications....Details like the construction money proposal and the increase in defense spending. I don't have to like or agree with those proposals; I know what they portend, and I know how to prepare to take advantage of them. And frankly, that's good enough. But he needs to provide more detail like that. That vague crap he filled the overwhelming majority of the speech with just isn't want I want to hear from a POTUS, or Congressional leaders, or my mayor, or any other decision makers in the public sector for that matter.
Video of Trump's address to Congress
I didn't watch the speech. I'm reading it and these are my initial thoughts/notes about it. (Apologies for the sub-standard grammar....) The emboldened text are my thoughts. For topics that I have a readily available reference point for why I say what I say, I've included links. I haven't bothered to look up stuff I don't know off the top of my head.
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- "For too long, we have watched our middle-class shrink as we have exported our jobs and wealth to foreign countries."
- I am so sick and tired of this BS "dog whistle" pandering pablum! I'd be more amenable to it were it not so that the shrinking of the size of middle class due to more formerly middle-middle (MM) class folks moving into the upper middle (UM) class. But that is the case. The quantity of people is what it is, but overall, a larger share of the population is MM, UM or upper class (economically).
Look at the chart below. Each row = 100% of the population. Between 1971 and 2015, the MM lost 11 points. Where did they go? Seven percent of the MM became UM and upper class and four percent went to the lowest income group. The working class (LM) didn't change.
So 4% of the MM got screwed and 7% of them, nearly twice as many, are better off. I'm sorry, but that doesn't strike me as a calamitous happenstance. Were the percentages flipped, that would be very problematic.
The rich got richer.....Fine. So did 7% of the middle-middle class!
- I am so sick and tired of this BS "dog whistle" pandering pablum! I'd be more amenable to it were it not so that the shrinking of the size of middle class due to more formerly middle-middle (MM) class folks moving into the upper middle (UM) class. But that is the case. The quantity of people is what it is, but overall, a larger share of the population is MM, UM or upper class (economically).
- "We’ve defended the borders of other nations while leaving our own borders wide open for anyone to cross, and for drugs to pour in at a now unprecedented rate. And we’ve spent trillions and trillions of dollars overseas, while our infrastructure at home has so badly crumbled."
"The stock market has gained almost $3 trillion in value since the election on Nov. 8, a record. "
"We have cleared the way for the construction of the Keystone and Dakota Access Pipelines thereby creating tens of thousands of jobs."- I probably need to "fact check" these (italicized) statements, but not right now....I'm just going to keep reading. The Times has a FC link for one...will look at it later....doesn't matter right now.
- What were the trillions spent on?
- "Then, in 2016, the earth shifted beneath our feet. The rebellion started ....[continuing through the next two paragraphs]"
- Fluff - blah, blah, blah....You won the election...I know...That's why you are standing there....Stop blowing your own horn. JFC!
- "Dying industries will come roaring back to life. Heroic veterans will get the care they so desperately need. Our military will be given the resources its brave warriors so richly deserve."
"Crumbling infrastructure will be replaced with new roads, bridges, tunnels, airports and railways, gleaming across our very, very beautiful land. Our terrible drug epidemic will slow down and ultimately stop. And our neglected inner cities will see a rebirth of hope, safety and opportunity."- I had better see some details about how you intend to do these things later in the speech.....
- "We’ve saved taxpayers hundreds of millions of dollars by bringing down the price of fantastic — and it is a fantastic — new F-35 jet fighter, and we’ll be saving billions more on contracts all across our government."
- I've heard you say this. I have yet to see the numbers. Maybe I missed them....Note to self: Google to see if there are any that have been released quantifying the sum(s) saved and detailing the changes made.
- "We have begun to drain the swamp of government corruption by imposing a five-year ban on lobbying by executive branch officials — and a lifetime ban ..."
- Yes, you did, but to what end? You've also put a bunch of billionaires in office, including a former Goldman exec, IIRC. Who pays for lobbyists? Billionaires, banks and bankers, and other large corporations. What need have those parties for lobbyists if they and "their boys" hold the appointed offices?
- "We have undertaken a historic effort to massively reduce job-crushing regulations, creating a deregulation task force inside of every government agency ..."
- I need to look to see what regs you've rolled back....
- "I’ve issued a new directive that new American pipelines be made with American steel."
- Can you actually do this? Isn't the pipeline owned and built by private enterprise? (TransCanada and Conoco, I thought...)
- "We have withdrawn the United States from the job-killing Trans-Pacific Partnership."
- Yes, you did. Blunder, big time. Among the few things that conservative and liberal economists agree on -- that free trade is better overall than restricted trade -- and you go against it; moreover, having done so, you never identified any specific provisions of it that you didn't like and why.
- "with the help of Prime Minister Justin Trudeau, we have formed a council with our neighbors in Canada to help ensure that women entrepreneurs have access to the networks, markets and capital they need to start a business and live out their financial dreams."
- That seems like a good thing to do. What are the details? What's the name of the council? What are their measureable goals?
- Next few paragraphs all sounds good enough....Wish you actually bothered to share some details. Didn't you mention the drugs thing earlier in the speech?
- "By finally enforcing our immigration laws, we will raise wages, help the unemployed, save billions and billions of dollars, and make our communities safer for everyone.
- I doubt it, but whatever....This is just more "talk" that you don't' explain or provide details for.
- "we are removing gang members, drug dealers and criminals that threaten our communities and prey on our very innocent citizens.
- Fluff...It's not as though cops have been on hiatus.
- "What would you say to the American family that loses their jobs...because America refused to uphold its laws and defend its borders?"
- I'd say that you should have been paying attention to what was going on in around the nation and the world and seeing those changes, used some of the money you earned when you had a good job to buy skills that would allow you to get a different and more highly skilled job that in high demand and that pays better and that is less susceptible to being taken by immigrants....But now you want the President/Congress to do something about the fact that you didn't, and you think the thing to do is to impose tariffs and constrain immigration and corporations' ability to continue growing while the rest of the country waits for you lame ass to catch up. I'd feel differently were you not to have had a good job before, but you did and you sat on your sorry ass and didn't pay attention, and now here you are looking for a savior....Well, I'm sorry, but no, just no. "Cry me a river." That's what I say.
- "According to data provided by the Department of Justice, the vast majority of individuals convicted of terrorism and terrorism-related offenses since 9/11 came here from outside of our country....It is not compassionate, but reckless to allow uncontrolled entry from places where proper vetting cannot occur."
- Equivocal, semantic, and inflammatory, and you know it.
- The vetting of entry applicants happens here. Just a few lines later, you even say as much.
- "We have seen the attacks in France, in Belgium, in Germany and all over the world."
- Wait a minute....I thought your focus is supposed be on America....
- "I directed the Department of Defense to develop a plan to demolish and destroy ISIS..."
- Oh great. Can't wait to see how you use bombs and bullets to eradicate an ideology/state of mind. I suppose it'll make for good theatre if nothing else.
- "He was confirmed unanimously by the Court of Appeals, and I am asking the Senate to swiftly approve his nomination."
- What?!? The Court of Appeals did no such thing.
- "We’ve lost more than one-fourth of our manufacturing jobs since Nafta was approved..."
- It's your making misleading statements like this, statements that pander to people whom you know won't check the details, that make me absolutely detest you! You know (or should) as well as I do that NAFTA isn't the cause of that. I could overlook a fair bit of the "little sh*t" if you didn't make paltering remarks like this on the "big stuff."
- "Solving these and so many other pressing problems will require us to work past the differences of party."
- Actually, all you'd have to do is just tell people the truth. I know a lot of them aren't going to like the truth, at least as go economic realities and the impact on them, but that doesn't mean they don't deserve to hear it, plain and unvarnished.
- "My economic team is developing historic tax reform that will reduce the tax rate on our companies so they can compete and thrive anywhere and with anyone."
- I don't think the rates need to increase, but they don't need to be lowered either. Even though the U.S. statutory rate is ten percentage points higher than the average corporate statutory rate in the European Union, the effective U.S. corporate tax rate is the same or lower than the effective EU corporate tax rate for the largest U.S. and EU multinationals.
- Here again, you paint only part of the picture....That's disingenuous, and it's why I can't stand your ass. All you have to do is be clear about how U.S. marginal and effective rates compare with comparable economic competitors, I wouldn't be complaining.
- To top it off, the rate adjustments you proposed on the campaign trail were for pass-through entities, not public corporations. Yet another distinction that most people don't know about and that you aren't being clear about.
- "Currently, when we ship products out of America, many other countries make us pay very high tariffs and taxes, but when foreign companies ship their products into America, we charge them nothing or almost nothing.....[Harley-Davidson] said that in the case of another country, they taxed their motorcycles at 100 percent. They weren’t even asking for a change."
- Not so; it varies by product and by country. The U.S. imposes a 35% tariff on tuna. 40+% on sneakers. 40% on Japanese leather. 131% - 163% on peanuts. 30% on Chinese tires. (All U.S. import tariffs are found at the link.) Yes, see. I can identify high tariffs just as you can identify low ones. Tell the whole story!!!
- Harley isn't asking for a change because the average wage in India is something around $5500. 100% tariff or not; Ain't nobody in India buyin' a damn Harley to begin with, and the people who will/can don't care about the tariff. (Harley Road King: ~$18K....If you earn $50K, would you buy a $150K car? I didn't think so....)
- Could you not have identified what country taxes Harleys at 100%? It happens to be India. (Taxation in India is big mess in so many ways it'd take a literal book to even describe how it works, let alone what to about it.)
- [Blah, blah, blah....same stuff, same promises, same pablum we've been hearing for months, and still not any more detail on how you intend to do this.....
- "I believe that real and positive immigration reform is possible, as long as we focus on the following goals: to improve jobs and wages for Americans, to strengthen our nation’s security and to restore respect for our laws. If we are guided by the well-being of American citizens, then I believe Republicans and Democrats can work together to achieve an outcome that has eluded our country for decades."
- Well, just what outcome would that be? Is it really asking too much that you would have in this speech told us?
- "Another Republican president, Dwight D. Eisenhower, initiated the last truly great national infrastructure program: the building of the interstate highway system. The time has come for a new program of national rebuilding. I will be asking Congress to approve legislation that produces a $1 trillion investment in infrastructure of the United States, financed through both public and private capital, creating millions of new jobs."
- Standard Keynesian economics. You fucker! You've been "all over the map" in this speech. Damnit!!! Go with Keynes. Go with the Classicists. Go with the Austrian School. Go with a different one. I don't care, but implementing in accordance with (based on) the ideas from competing economic theories will be a disaster because each of the major theories is an integrated whole. They all "work," but they work as a whole; economics does not work like the buffet at Denny's. The minute you start cherry picking, all you do is create a situation that requires fixes here and fixes there to make up for the fact that you cherry picked instead of going "whole hog" with whichever one you happen to like best.
No matter which school one goes with, there will be winners and losers. Cherry picking policy actions doesn't change that and it lessens the wins of the winners and exacerbates the losses of the losers.
- The roads and bridges in the U.S. need fixing. I'm fine with fixing them. I also know what you are doing. You're essentially using government spending to redistribute wealth from the rich to the poor via construction projects. Great. I'm going to increase my positions in construction industry manufacturers and providers. Regardless of what I think about it, at least this is finally a piece of information I can actually use to my benefit.
- Frankly, I don't see this creating the hundreds of thousands of jobs it needs to satisfy Trumpkins.
- $1 trillion is about half of the U.S. federal income tax revenue for 2015.
- Standard Keynesian economics. You fucker! You've been "all over the map" in this speech. Damnit!!! Go with Keynes. Go with the Classicists. Go with the Austrian School. Go with a different one. I don't care, but implementing in accordance with (based on) the ideas from competing economic theories will be a disaster because each of the major theories is an integrated whole. They all "work," but they work as a whole; economics does not work like the buffet at Denny's. The minute you start cherry picking, all you do is create a situation that requires fixes here and fixes there to make up for the fact that you cherry picked instead of going "whole hog" with whichever one you happen to like best.
That was as far as I could read sentence by sentence. I scanned from there out. I didn't see anything new. Was there something? Did he provide any details that he'd heretofore not shared? Nothing lept out, but as I said, I scanned after that....I saw a lot of "rah, rah, rah." That's nice. I'm sure it makes someone feel good. I don't care about feeling good.
Now, as before during the campaign, I want to see some specifics that I can get my mind around and know what I think about them, and what to do in light of their implications....Details like the construction money proposal and the increase in defense spending. I don't have to like or agree with those proposals; I know what they portend, and I know how to prepare to take advantage of them. And frankly, that's good enough. But he needs to provide more detail like that. That vague crap he filled the overwhelming majority of the speech with just isn't want I want to hear from a POTUS, or Congressional leaders, or my mayor, or any other decision makers in the public sector for that matter.