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Debates Forum

  1. Subscriber kmax87
    Health and Education
    23 Jan '18 02:15
    No not his political leaning, but is it possible that after his many bungled and failed business attempts over a lifetime of wheeler dealing, where major projects have gone belly up and people not paid, Trump has finally landed himself in the perfect position, to claim credit for an economic recovery that in the eyes of his fans ( Fox News) will make him look like a genius.

    The IMF has just come out to adjust up its forecast of global growth in 2018 from 3.6 to 3.9%. The reason for the projected uptick is lowered US corporate tax rates.

    Notwithstanding Obama's steady hands in allowing the Fed and a Wall St stacked Treasury avoiding what should have been a total financial collapse bigger than the great depression and landing the world's biggest economy as softly as possible, allowing whichever administration had followed an economy ready to run again, if the IMF's forecast is good, will Trump reap the benefit of simply being in power at the right time of the business cycle?

    No doubt if this pans out the right way, he will boast that it was all because of him, Trump, whose single minded focus helped ram through the Tax Cuts and Jobs Act of 2017, that this economic turnaround is possible, and no doubt, his cheer squad will champion his brilliance from dusk to dawn.

    But if the IMF is correct and the economy starts to boom, will it close the window on that more progressive mindset that would rather see higher taxes pay for better social outcomes like universal healthcare, and better outcomes through a better funded education system. Is it likely that in this phase of the post GFC recovery, the lower taxing mantra will actually work and create more jobs in the short term, enough for the champions of voodoo to say, you've doubted us for too long, here's your proof it works, putting the cause of an equitable social democracy back for another 20 years?
  2. Subscriber no1marauder
    Humble and Kind
    23 Jan '18 02:30
    Originally posted by @kmax87
    No not his political leaning, but is it possible that after his many bungled and failed business attempts over a lifetime of wheeler dealing, where major projects have gone belly up and people not paid, Trump has finally landed himself in the perfect position, to claim credit for an economic recovery that in the eyes of his fans ( Fox News) will make him loo ...[text shortened]... r proof it works, putting the cause of an equitable social democracy back for another 20 years?
    The IMF has been a neoliberal stronghold for a long time. Of course, it will project that massive tax cuts will stimulate growth even if there is a dearth of economic history supporting such a conclusion.

    We simply don't know what effect the tax cuts will have. The US economy is in a cyclical upturn, but many factors can change that.
  3. Subscriber kmax87
    Health and Education
    23 Jan '18 04:03
    Originally posted by @no1marauder
    ....We simply don't know what effect the tax cuts will have. The US economy is in a cyclical upturn, but many factors can change that.
    He'll still take credit for it, and it will amp up his fan base. Not that you would want the country to do badly to be rid of him, but it would seem in spite of Trump the country will be doing very well. The hard sell will be to convince people it would have happened anyway.
  4. Standard member shavixmir
    Guppy poo
    23 Jan '18 05:36
    If Trump is ever right on anything, it’s an accidental stumble into reality. It will be short-lived, there will be a scandal and someone’s gonna end up screaming:

    FAKE
    FAKE
    FAKE
  5. Standard member shavixmir
    Guppy poo
    23 Jan '18 06:23
    The post that was quoted here has been removed
    What DO his balls taste like.
    Obama’s balls (as in the balls of Obama).

    God damn, learn some English you son of a rancid slag.
  6. Subscriber kmax87
    Health and Education
    23 Jan '18 08:11
    The post that was quoted here has been removed
    Ask your wife the next time you're about to kiss her.
  7. 23 Jan '18 12:10
    Originally posted by @kmax87
    Ask your wife the next time you're about to kiss her.
    He doesn't kiss his wife. Such shows of affection are liberal, and Bubba ahn't no libtard.
  8. 23 Jan '18 12:19 / 1 edit
    Originally posted by @no1marauder
    The IMF has been a neoliberal stronghold for a long time. Of course, it will project that massive tax cuts will stimulate growth even if there is a dearth of economic history supporting such a conclusion.

    We simply don't know what effect the tax cuts will have. The US economy is in a cyclical upturn, but many factors can change that.
    The IMF in particular, and the majority of influential economists in general, only look at the sum total "worth" of the economy to judge success. Which means they only care about megacorporations and billionaire individuals; how the lower 75% actually live and whether small businesses go broke doesn't matter to them at all. Speculating on which of these is cause and which effect is futile.

    Of course, they're still all horrible pinky socialist Eurocrats, but that's mainly because they care about megacorps and billionaires all over the world, not just in Trump^wMuhrica.
  9. 23 Jan '18 13:22
    Originally posted by @kmax87
    Ask your wife the next time you're about to kiss her.
    I would rather get my info from an expert. lol
  10. 23 Jan '18 14:05
    The post that was quoted here has been removed
    Beyond pathetic
  11. 23 Jan '18 15:59 / 1 edit
    Originally posted by @kmax87
    No not his political leaning, but is it possible that after his many bungled and failed business attempts over a lifetime of wheeler dealing, where major projects have gone belly up and people not paid, Trump has finally landed himself in the perfect position, to claim credit for an economic recovery that in the eyes of his fans ( Fox News) will make him loo ...[text shortened]... r proof it works, putting the cause of an equitable social democracy back for another 20 years?
    I was reading something on this a few days ago; about his ratings being the lowest of any first year POTUS and yet many of the US economic indicators a positive.

    There’s a few aspects to this I think; firstly has he even been in power long enough to really have any impact on the strategic direction of the US economy?
    Secondly business requires stability and predictability in economic outlook and not necessarily a sound social policy in order confidently move forward, and maybe there is something of that albeit tactical, in this administration.
    Thirdly he isn’t making friends and Obama was good at doing that, even if he stumbles into some medium term success I just can’t see him getting a second term as any tactical results aren’t reflective of his methods.
  12. 23 Jan '18 17:06 / 1 edit
    How receptive do you think someone at the intellectual level of a Trump voter is to thorough economic analysis? As long as the economy doesn't reach Venezuela-type levels of meltdown, the GOP propaganda machine can easily convince people that the economy is doing great, and that it's doing great because of Trump.
  13. Subscriber no1marauder
    Humble and Kind
    23 Jan '18 22:01 / 1 edit
    Originally posted by @kazetnagorra
    How receptive do you think someone at the intellectual level of a Trump voter is to thorough economic analysis? As long as the economy doesn't reach Venezuela-type levels of meltdown, the GOP propaganda machine can easily convince people that the economy is doing great, and that it's doing great because of Trump.
    How's that working so far? Trump remains historically unpopular.https://www.realclearpolitics.com/epolls/other/president_trump_job_approval-6179.html

    That is so even though the most recent polls show him getting positive approval ratings on the economy. https://www.realclearpolitics.com/epolls/other/president_trump_job_approval_economy-6182.html
  14. Subscriber no1marauder
    Humble and Kind
    24 Jan '18 23:54
    Joe Trippi has a theory as to why the pols are what they are:

    The reality is that much of the country has come to see Washington as a hostile, hyperpartisan, divisive place filled with bitterness and chaos — and incapable of finding common ground on things like DACA that a vast majority of Americans agree on.

    A majority see the president driving this hostility, playing to it and creating much of the chaos — that is why his approval ratings are so low, given the strength of the economy.

    https://www.nytimes.com/2018/01/24/opinion/enough-trump-bashing-democrats.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-left-region&region=opinion-c-col-left-region&WT.nav=opinion-c-col-left-region
  15. 25 Jan '18 00:25
    Originally posted by @no1marauder
    Joe Trippi has a theory as to why the pols are what they are:

    The reality is that much of the country has come to see Washington as a hostile, hyperpartisan, divisive place filled with bitterness and chaos — and incapable of finding common ground on things like DACA that a vast majority of Americans agree on.

    A majority see the president driving t ...[text shortened]... dule=opinion-c-col-left-region&region=opinion-c-col-left-region&WT.nav=opinion-c-col-left-region
    LOL...you think Washington only became like this since Trump got elected...OMFG...that's worthy of a horse laugh