Impressed by the Trump administration part II

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Heretic

Son of the Sun

Fri, Jan 12, 2018 10:58 AM
posted by ptown_trojans_1

Doesn't matter what the President says or does to many Republicans. As long as the market is going, all is forgiven. It is like suddenly the imperial President does not exist. 
 

I just sit back and enjoy the little things, such as how all the people who constantly commented on Obama's golfing and how he was only good at campaigning don't seem to have anything to say about how Trump lives on the links and feels a compulsive need to hold pep rallies for himself somewhat regularly.

QuakerOats

Senior Member

Fri, Jan 12, 2018 11:07 AM
posted by Heretic

I'd agree with that. I'd also say that if Trump showed some degree of common sense and would let his policies speak for themselves over the period of a month or two instead of being a fucking moron on Twitter every single day about something, he'd do wonders for his approval ratings. But when people have to deal with "complete asshole; might be insane" comments by him, it gets harder to focus on actual good things he's doing.

I cannot disagree, at least to a certain extent.  I would say if he eliminated the 40% if his tweets/comments that do him no good, he would be helping himself to some degree.  However, the resistors/marxists, will never, ever, give him an ounce of credit for anything; they are all in negative, all the time.

Heretic

Son of the Sun

Fri, Jan 12, 2018 11:09 AM
posted by QuakerOats

I cannot disagree, at least to a certain extent.  I would say if he eliminated the 40% if his tweets/comments that do him no good, he would be helping himself to some degree.  However, the resistors/marxists, will never, ever, give him an ounce of credit for anything; they are all in negative, all the time.

Just like you the last eight years!

Devils Advocate

Brudda o da bomber

Fri, Jan 12, 2018 11:47 AM
posted by QuakerOats

I cannot disagree, at least to a certain extent.  I would say if he eliminated the 40% if his tweets/comments that do him no good, he would be helping himself to some degree.  However, the resistors/marxists, will never, ever, give him an ounce of credit for anything; they are all in negative, all the time.

 

Trump has no credibility, due mostly because of his tweets and fake news that he creates. The man throws a fit because of his own shit..... or shitholes.... or what the fuck ever.

QuakerOats

Senior Member

Fri, Jan 12, 2018 11:55 AM

South Korean president credits Trump for getting NK to thaw a bit and have talks. 

 

Not mentioned at all by left-stream media. 

 

QuakerOats

Senior Member

Fri, Jan 12, 2018 11:56 AM

Dow up another 200 points currently ..............just fyi

QuakerOats

Senior Member

Fri, Jan 12, 2018 11:57 AM
posted by Heretic

Just like you the last eight years!

Why would any freedom loving, free market American give credit to a prez who spent 8 years shackling The People and businesses with a marxist policy agenda.  You are either on the right side of the page, or the wrong side. 

Dr Winston O'Boogie

Senior Member

Fri, Jan 12, 2018 12:06 PM
posted by QuakerOats

Why would any freedom loving, free market American give credit to a prez who spent 8 years shackling The People and businesses with a marxist policy agenda.  You are either on the right side of the page, or the wrong side. 

"The People" - what is it with you?  

 

Trump is a dishonest narcissist who does not seem to have a grasp on geopolitics.  

Heretic

Son of the Sun

Fri, Jan 12, 2018 12:13 PM
posted by QuakerOats

Why would any freedom loving, free market American give credit to a prez who spent 8 years shackling The People and businesses with a marxist policy agenda.  You are either on the right side of the page, or the wrong side. 

Yep, you're the exact same kind of person that you are criticizing. Enjoy living in your own hypocrisy!

QuakerOats

Senior Member

Fri, Jan 12, 2018 12:17 PM
posted by Dr Winston O'Boogie

"The People" - what is it with you?  

 

Trump is a dishonest narcissist who does not seem to have a grasp on geopolitics.  

I am not of fan of his personality, as I have stated many times.  His policies are correct, and that is what matters right now in getting our country back on track. 

Dr Winston O'Boogie

Senior Member

Fri, Jan 12, 2018 12:52 PM
posted by QuakerOats

I am not of fan of his personality, as I have stated many times.  His policies are correct, and that is what matters right now in getting our country back on track. 

"Not a fan of his personality" - what's that supposed to mean?  

 

Trump is "The Emporer's New Clothes" playing itself out in front of us.  It is way too early into his administration to be able to connect his activities with the performance of the economy.  

QuakerOats

Senior Member

Fri, Jan 12, 2018 1:51 PM

If you are unable to make the correlation between his policies and policy agenda with the resulting high levels of confidence among businesses and consumers, which drives investment and innovation, then I can't help you. 

gut

Senior Member

Fri, Jan 12, 2018 1:55 PM
posted by Dr Winston O'Boogie

It is way too early into his administration to be able to connect his activities with the performance of the economy.  

Normally I would agree.  But the anti-growth policies of Obama and how businesses and the economy were reacting is pretty well documented if you go outside the usual liberal rags.

And normally I'd agree it takes a good 18-24 months to see the impact of a shift in policy/direction.  However, I think it's pretty unmistakeable that businesses and the economy have responded very positively to expected policy changes.  That is unusual, but then so was the climate out there after 8 years of Obama with an expectation of 8 more years with Hillary.

Put another way, there was a sort of self-fulfilling acceptance of the "new normal".....but, intentionally or otherwise, Trump has shattered that and businesses and consumers are realizing we can and are doing better.  And it's a good thing we don't have media and faux economists convincing us the best we can do is 2% in an effort to prop-up liberal policies and Democrat leaders.

Dr Winston O'Boogie

Senior Member

Fri, Jan 12, 2018 3:33 PM
posted by QuakerOats

If you are unable to make the correlation between his policies and policy agenda with the resulting high levels of confidence among businesses and consumers, which drives investment and innovation, then I can't help you. 

You sound like Ayn Rands.  Anyway, I will wait to judge his impact over time, not in the near term.  For God's sake, he's given himself credit for many things that have happened during this past year that had nothing to do with him (e.g. the Pennsylvania coal mine, Foxcon, the Toyoda/Mazda plant in AL).  Those things were in the works long before he came along.  It can be argued that moves like thos are what help create growth momentum in the markets.  

Spock

Senior Member

Fri, Jan 12, 2018 4:11 PM
posted by Dr Winston O'Boogie

"The People" - what is it with you?  

 

Trump is a dishonest narcissist who does not seem to have a grasp on geopolitics.  

Do you think the average voter cares about "geopolitics?"  No they don't.

gut

Senior Member

Fri, Jan 12, 2018 4:54 PM
posted by Dr Winston O'Boogie
(e.g. the Pennsylvania coal mine, Foxcon, the Toyoda/Mazda plant in AL).  Those things were in the works long before he came along.  It can be argued that moves like thos are what help create growth momentum in the markets.  

Well, the economic surge is real.   And I would mostly agree that all we really needed was to get Obama and his policies out of the WH.

Dr Winston O'Boogie

Senior Member

Fri, Jan 12, 2018 5:05 PM
posted by Spock

Do you think the average voter cares about "geopolitics?"  No they don't.

Regardless of that, the president should be knowlegeable about it.  Our current president doesn't appear to have a clue.  

QuakerOats

Senior Member

Mon, Jan 15, 2018 10:21 AM
posted by Dr Winston O'Boogie

You sound like Ayn Rands.  Anyway, I will wait to judge his impact over time, not in the near term.  For God's sake, he's given himself credit for many things that have happened during this past year that had nothing to do with him (e.g. the Pennsylvania coal mine, Foxcon, the Toyoda/Mazda plant in AL).  Those things were in the works long before he came along.  It can be argued that moves like thos are what help create growth momentum in the markets.  

I can't help you. 

QuakerOats

Senior Member

Tue, Jan 16, 2018 10:47 AM

Dow over 26,000 

S&P up over 5% in first two weeks of '18.  

 

QuakerOats

Senior Member

Tue, Jan 16, 2018 11:02 AM

Area Development Magazine (1/15) reports that Fiat Chrysler Automobiles (FCA) plans to invest $1 billion in upgrades to its facility in Warren, Michigan, a plant that “will produce the next-generation Ram Heavy Duty truck.” FCA will relocate its truck production from its current site in Mexico to the Michigan facility. The article adds that “to support the increased volume at the Warren facility, 2,500 new jobs will be created, above and beyond the jobs announced in January 2017.” In addition, FCA “confirmed that it will make a special bonus payment of $2,000 to approximately 60,000 FCA hourly and salaried employees in the US, excluding senior leadership.” FCA CEO Sergio Marchionne is quoted saying, “These announcements reflect our ongoing commitment to our US manufacturing footprint and the dedicated employees who have contributed to FCA’s success.” Marchionne adds, “It is only proper that our employees share in the savings generated by tax reform and that we openly acknowledge the resulting improvement in the US business environment by investing in our industrial footprint accordingly.”

Spock

Senior Member

Tue, Jan 16, 2018 11:18 AM
posted by QuakerOats

Dow over 26,000 

S&P up over 5% in first two weeks of '18.  

 

The amount of money I am making on my investments is ridiculous.  I have one that has made about $6000 since Jan. 1.

 

I dont care WTF trump sais on Twitter.  The average American worker doesnt care about anything but what is happening to them. Increase my pay, make me stock money.  Make my retirement bountiful.  

like_that

1st Team All-PWN

Tue, Jan 16, 2018 11:50 AM

Not sure which 68 economists they spoke to, but thoughts on this?

http://thehill.com/opinion/finance/368904-economists-agree-trump-not-obama-gets-credit-for-economy

 

The article is an op-ed with the author's take on the polling from the economists, so it's slanted.   I tried to directly link the WSJ article, but you have to be a paid subscriber.  You can find the article on WSJ and try to read it in incognito view. 

QuakerOats

Senior Member

Tue, Jan 16, 2018 12:10 PM

It is not debatable whatsoever; without Trump we would still be under 2% growth and looking at sliding into socialism.  With the tax reform we are now able to compete again on the world stage, and investment is pouring into US facilities.  Then factor in the rollback in regulations, favorable domestic energy policy, and the highest confidence levels in decades.  Anyone who thinks obama has anything to do with the current reinvigoration of the economy is either a complete fool or a political hack. 

gut

Senior Member

Tue, Jan 16, 2018 3:37 PM
posted by like_that

Not sure which 68 economists they spoke to, but thoughts on this?

http://thehill.com/opinion/finance/368904-economists-agree-trump-not-obama-gets-credit-for-economy

I think that article is 100% on-the-money.  Only big gubmit Keynesians like Krugman would possibly disagree.

The corporate tax cuts is a big deal.  Even Obama talked about it - after mocking Romney for it in every debate - but of course didn't get it done.  Eliminating 20 regulations for every new 1 is probably typical Trump "facts", but not doubt that has been a real positive development after the direction we were trending under Obama (and likely to continue with Hillary).

I think businesses know how close we were to never coming back, and so they are voting their approval with their wallets and paying bonuses and investing to really try to convince people this is the path forward.  It probably won't work.

The more interesting aspect is we had two major recessions in a decade, have not fully recovered from the last one and had only illusory "cash and carry" growth under W before the house of cards collapsed.  Millenials in their 30's and nearing their 40's have never experienced a real economic boom, and probably limited financial success.  As the Boomers well, die, Millenials are going to choose the direction of this country.  And if they finally see some growth and opportunity in their careers then we may yet talk them back off the ledge of big gubmit.

Millenials are entering their prime earning years, and family expenses are becoming significant for them.  They get knocked down again they will never vote Republican.