Contrast what Donald Trump said during the primary and campaign and what he is
saying today. Remember REPEAL AND REPLACE? It somehow morphed into REPEAL ONLY
and John McCain squelched that. Then there was tax cuts for the Middle Class
which (surprise, surprise) became tax cuts for the wealthy. And let's not
get into foreign policy where Trump has done much to undermine our alliances and
cozy up to tyrants and dictators in an overt move to join their club as Ruler of
America.This man knows almost nothing about economics. Why, most
trained economists disagree with him on the economy. He is a promoter, salesman,
and con man to the Nth degree and will sell you a used car and tell you it just
came off the factory line. The only basis for a good economic growth is that
that's what he's selling at this time. Any problems are someone
else's fault regardless that only the wealthy are benefiting most and
Trickle Down has been a fraud since Ronald Reagan, but Republicans keep selling
it since they get elected on anger and fear.Jobs aren't
returning like they had been in the 70's. Automation and greed have driven
them away never to return. But Trump doesn't see that.
So we want to listen to a man that has declared bankruptcy several times,
admitted to fraud and had to compensate millions for damages? The current
economy is being supercharged right now due to a heavy influx of government
stimulus paid with additional debt. There is a reason why our President runs
to his country club and his cronies every weekend. It's not only the golf
but the adulation he receives from those whose pockets he's lined with more
gold than they'll ever be able to spend.
If you have roaring, uncontrolled growth, you're going to have to pay the
piper eventually. Moderate growth and stability are better than
boom and bust cycles.
Thid,An honest appraisal would actually indicate Trump's
economic policies are great for the wealthy and not so great for everyone else.
Lots of tax relief was given to the wealthy with the misguided expectation they
would invest that money in the economy. Much like with Reagan's trickle
down economics in the 80's, there was a little bit of money invested the
first year and virtually none after that. Not reading about bonuses and salary
increases this year are we? The real folly in the Trump tax cut will play out
in years 2-5. Ask George H Bush how that worked out for him. The next
President will be charged with digging out from under this mess.
ThidYou seem to think that we either do as Trump tells us or become
like Venezuela. Rather a silly argument, wouldn't you think?The world is never completley an either/or proposition. Most especially when
the either/or's are so extreme. And the Trump tax cut was as extreme as is
the Venezuelan economic disaster.
Does anyone care what Trump says anymore? He's NEVER takes responsibility.
He takes credit for anything good, whether he contributed or not, and blames
everyone but himself for his failings. Nobody believes anything that he says.
Foreign leaders are waiting him out and will resume relations with our country
in 2021, when he's replaced. Zero credibility.
Third Barker. For many years the backbone of this country were farmers,
the middle class, and small businesses. There was more economic balance across
the country. This wasn't a bad thing. Having a few people
control the majority of the wealth in our country and world will never be a good
thing for our country or the world whether you are a Republican or a Democrat.
The mission of the Fed is to maintain a stable monetary system, not to bolster
the image of the POTUS. A mission that is made much more difficult when tariff
tantrums by the President create uncertainty.The snake oil in the
“Tax Cut and Jobs Act” (TCJA) of 2017, was anything to actually
create jobs. A more accurate title would have been the “Tax Cut and
Treasury Plunder Act.”The premise of the TCJA was that
benefits would “trickle down” to the economy from the largess
awarded the rich. Instead, assets of the rich are locked up and hidden away,
while safety net programs are underfunded.It is hard for an economy
to thrive under our current President. The political game of claiming credit for
the good and blaming others for the bad is not leadership that inspires or
The Hannity mode is in effect take credit for everything good shift blame for
everything bad all the time. The Donald's mentor supported Bush 100% of the
time and blames Democrats 100% of the time for everything.
Trump promised 3,4,5,6 percent growth with his tax cut for the already well-off
and Corporate America.Nope, like Mexico paying for the wall, it was
never going to happen. Trump has convinced his stalwart supporters that his
promise on the Wall is broken due to "others". And he is doing the same
thing now that his only significant legislative accomplishment is not going to
deliver as promised.You just can not believe the man. But you can
believe that he will blame someone else for his failures. It is a pattern, one
that anyone who has declared multiple bankruptcies, as has Trump, knows how do
well.Will the majority let his get away with it? More importantly,
will his "I can get away with murder, but who cares" supporters lose
their ardent devotion to this bankrupt personality.
Fullypresent: When was the last time an unemployed person or a failing business
offered you a job? Heaven help a business if they are profitable, pays taxes,
invests back into the economy, produces products/services and provides
employment! Your comments show massive economic ignorance. Don't want
businesses to be profitable? Try Venezuela, you would love it there. Nobody
except their ruling dictator has any money and businesses are gone! What will
you do for a job?
He has been filling the coffers of the wealthy & corporations, adding
greatly to the national debt, decimating the middle class, pushing more people
into poverty with his policies along with some of those of his cronies in
Congress, and he blames the Feds? One of the strongest economic
times in our country and greatest growth of the middle class was during the
50's and 60's when there were high taxes on the wealthy to balance out
the economic well being of the country as a whole. This balance increased
consumer spending by the country as a whole. There was strong job growth, a
strong middle class, growth of home ownership, and many other things for about
15 yrs. after WWII. It was gov't policies after that which have slowly
taken us to the place we are at today and created the widest gap between the
rich and the poor we have ever had in the history of our country. We
should be proud of this?