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How do you feel about Trump 1 year later?

I am neither. And The Hill is not "every economic outlet." The economy has been improving since 2008. Fact. Not fake.


we have different definitions of fact apparently


The Wall Street Journal asked 68 business, financial and academic economists who was responsible for the strengthening of the economy, and most “suggested Mr. Trump’s election deserves at least some credit” for the upturn.

A majority said the president had been “somewhat” or “strongly” positive for job creation, gross domestic product growth and the rising stock market.

The pros cite the White House’s push for lighter regulation and the recent tax bill as critical to a pro-growth environment; more than 90 percent of the group thought the tax bill would boost GDP expansion over the next two years.
 
That is an opinion piece by Liz Peek. Not exactly someone who you can go for a balanced opinion on both presidents.

The only actual solid info she uses is the Wall Street Journal article (found here since it doesn't even link it in the piece: https://www.wsj.com/articles/econom...d-for-u-s-growth-hiring-and-stocks-1515682893) where the economists call it a Trump tailwind. And basically say, well Trump hasn't screwed up the strong economic growth that was built by Obama getting us out of the financial crisis and continually adding jobs (remember those fake jobs) and growth after the recession. You can't say that Obama doesn't deserve a ton of credit for the current economy. But you are right that Trump hasn't screwed it up yet.

But really as others have said, presidents get too much blame or credit for the economy. Trump hadn't even signed many bills into law. Here is the list of 117 he has done and not many financial related: https://www.cnn.com/2017/06/29/politics/president-trump-legislation/index.html

I give Trump credit for cutting some taxes (and businesses responded with some pay raises, but some of those companies also cut jobs and closed stores so we will see in the coming years the real impact to businesses). I also think there is a disconnect between how well Wall Street is doing and how well average americans are doing. Wall Street is very happy though and all of our collective retirement is now purposely mixed in with them, so that is a good thing on the whole. I still don't understand the repeal of the estate tax and a bunch of other things in that bill that balloon the deficit.

What concerns me most as a moderate is that Trump won't work with dems at all. He doesn't work with his own people he hired (despite going to hire 'all the best people'--he hasn't hired anyone from the business world--only special interests and Washington insiders). I'm not even going to mention people like Flynn. The golf outings and use of his own properties is alarming (esp bc the famed dossier said the golf courses were all bankrupt or struggling). Not a fan of not divesting and not being transparent about anything.

The lack of a moral compass has been sickening and watching Republican friends just excuse the language and behavior bc they got a Supreme Court nominee is the worst. I actually believed Repubs in 94' with the moral majority. The 130k dollar payment in hush money to a porn star (who admitted to the affair in 2011 so don't even try to say it is made up and is corroborated by friends invited by Trump to come and participate) when your wife just gave birth? How can that be excused by Christians so flippantly? If Obama had done something remotely similar like that he would have been investigated and ripped to shreds by conservatives (just like the slimeball John Edwards). Obama, for all his faults, didn't have a sex scandal and neither did Bush.

The wall is a joke and so not conservative (immigrants overstay visas people...). A wall does nothing to prevent drugs crossing the border. I wish he would do something about the actual problem of opioids that he talked about during the campaign--something Hillary never did. Opioids are a homegrown US, big pharma problem and people are suffering.

Trump is right to want to protect American workers (this is also not a conservative stance and it has been hilarious to watch conservatives flop to positions held by extreme dems for the past 20-30 years) on trade. Killing NAFTA will really hurt midwest farmers, but we will see...(good read on NAFTA: https://qz.com/1185878/nafta-negotiations-the-consequences-of-trumps-positions/).

Summary: economy: pretty good
morality: not good, cesspool level (why the lies--one database has 2 thousand lies and falsehoods...in the first year)
domestic policy: remains to be seen...
foreign policy/diplomacy: what a joke...


just going to have to agree to disagree..

Unemployment 4.1 percent, down from 4.8 when President Trump took office, GDP growing at more than 3 percent, faster than the last two Obama years, the stock market hitting new highs nearly every day.
 
we have different definitions of fact apparently


The Wall Street Journal asked 68 business, financial and academic economists who was responsible for the strengthening of the economy, and most “suggested Mr. Trump’s election deserves at least some credit” for the upturn.

A majority said the president had been “somewhat” or “strongly” positive for job creation, gross domestic product growth and the rising stock market.

The pros cite the White House’s push for lighter regulation and the recent tax bill as critical to a pro-growth environment; more than 90 percent of the group thought the tax bill would boost GDP expansion over the next two years.
Well, I'll cut to the chase. I intend to give Donald Trump as much credit any success during his administration as many of you gave President Obama. In other words...zero. And "somewhat" is not exactly a ringing indorsement.
 
Well, I'll cut to the chase. I intend to give Donald Trump as much credit any success during his administration as many of you gave President Obama. In other words...zero. And "somewhat" is not exactly a ringing indorsement.


I gave Obama credit for what I felt he deserved credit for. He was good in some aspects of immigration. He was awful on foreign policy and healthcare.

I want less government in my life. Less taxes taken. Less government regulation. Less welfare state.

but we can agree to disagree man.. All the best to you!
 
just going to have to agree to disagree..

Unemployment 4.1 percent, down from 4.8 when President Trump took office, GDP growing at more than 3 percent, faster than the last two Obama years, the stock market hitting new highs nearly every day.

We probably aren't going to agree and to be clear, I'm not saying Trump doesn't deserve credit for continuing the growth or even for using a tax cut to spurn even more growth.

But folks forget that Obama inherited the worst financial crash since the great depression and was in the midst of fighting two resource sucking wars. You can hate Obama, that is fine, but to say that he didn't help steady the country financially over the course of his 8 years is not fair. And Repubs would never give him any credit for it. When Obama took office the year before the GDP was -.03% growth the year before and then -2.8% with the collapse, hemorrhaging losses of 500,000 jobs a month before he took office. When Obama leaves office he has steady job gains (all jobs lost in the crisis are gained back by 14' and GDP is steady with about 2% of growth year over year. Median household income dropped the year before he took office in 2008 and finally rebounds when he leaves. Stock market around 700 when Obama takes office and up to about 2200 with steady gains throughout his time in office.

Again, presidents get too much credit or too much blame, but to say that Obama deserves no credit? Did people think the economy was going to tank bc someone else took office? Trump doesn't deserve credit for the trajectory of the economy when he took office, but he does deserve credit for not stifling or implementing policies that change that direction. When the tax policy (and maybe the expensive wall) go into effect, then we can judge the impact as it unfolds over the next couple of years. In the short term it has stimulated stock prices, for sure.
 
I gave Obama credit for what I felt he deserved credit for. He was good in some aspects of immigration. He was awful on foreign policy and healthcare.

I want less government in my life. Less taxes taken. Less government regulation. Less welfare state.

but we can agree to disagree man.. All the best to you!
You too.
 
I'm so confused...you're from NY, Melania is you sig, hOprah 2020 is your avatar, you like the tax cuts for you but don't think they're good for others
source.gif

1. I used to live in NY, many of the most talented people in our society end up there at one point, as we are recruited by the big companies.

2. Melania is a hot, slutty piece of ass. Would bang.

3. Hoprah is equally as qualified as Dumpy Butt Donny.

4. I will benefit from the tax cuts b/c I make a shit ton of money and own a company. But historically, tax cuts only have a short term benefit and most of that benefit goes to ultra wealthy. not society as a whole. This is why historically (prior to the Clinton admin), periods of low taxes have always been followed by periods of extremely high taxes.
 
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1. I used to live in NY, many of the most talented people in our society end up there at one point, as we are recruited by the big companies.

2. Melania is a hot, slutty piece of ass. Would bang.

3. Hoprah is equally as qualified as Dumpy Butt Donny.

4. I will benefit from the tax cuts b/c I make a shit ton of money and own a company. But historically, tax cuts only have a short term benefit and most of that benefit goes to ultra wealthy. not society as a whole. This is why historically (prior to the Clinton admin), periods of low taxes have always been followed by periods of extremely high taxes.
What kind of business do you have? As an owner, will the tax cuts trickle down to benefit your workforce and to what degree? Genuinely interested as I work with business owners in many industries.
 
Good:
  • Market - My portfolio has been on fire since election night.
  • Economy - GDP growth, low unemployment, business investment, etc.
  • Tax reform - I would have preferred some changes, but overall a positive change and my family will benefit significantly. And the corporate benefits will have major positive impacts on the economy.
  • Entitlement reform - While not enough action yet, opening up work requirements for welfare (as Clinton did, but Obama reversed) and medicaid is a step in the right direction.
  • Foreign policy - His approach will find it's place in the "bad" section, but at least he is tougher on countries like NK and puts America first.
  • Regulation - rolling back restrictive regulations. Might not agree with all individually, but limiting regulation (within reason) needs to occur.

Bad:
  • "Presidentialness" - The office of the president should be more, um, polished and professional than Trump has been.
  • Twitter - whether it's Rocketman (which is hilarious, just not presidential) or rubbing the recent budget concession in Shumer's face, it's just not a good look.
  • Spending control
  • Stubbornness on certain topics
  • Political savvy - use the public conversation to your advantage, not to push the left further away so that you can't achieve your goals
  • Off the field distractions

Overall:

I vote for a president based 95% on economic and financial matters. The market, the economy and taxes are all huge wins. Entitlement reform and spending need to come next. The rest of the stuff falls into the 5% bucket that isn't enough to sway my vote one way or another. So I'm a supporter.
 

Thought this was an interesting tweet from a conservative media member who, full disclosure, is openly not a Trump fan.
 
just going to have to agree to disagree..

Unemployment 4.1 percent, down from 4.8 when President Trump took office, GDP growing at more than 3 percent, faster than the last two Obama years, the stock market hitting new highs nearly every day.

Wasnt it candidate Trump that told us that this number is BS and is not an accurate representation of what is really happening?
 
What kind of business do you have? As an owner, will the tax cuts trickle down to benefit your workforce and to what degree? Genuinely interested as I work with business owners in many industries.

I own a marketing agency. I am not sure how much the new tax cuts will affect me personally yet. I pay myself a small salary and take the rest as dividends, so my CPA does a pretty good job of minimizing tax burden as is. I read that I would technically classify as a "consultant", which was omitted from the 20% flat rate for small businesses. If I do get a huge tax break, I will just buy a boat and put a picture of it up in the office for all employees to look at. I will call it the "Trickle Down".
 
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I own a marketing agency. I am not sure how much the new tax cuts will affect me personally yet. I pay myself a small salary and take the rest as dividends, so my CPA does a pretty good job of minimizing tax burden as is. I read that I would technically classify as a "consultant", which was omitted from the 20% flat rate for small businesses. If I do get a huge tax break, I will just buy a boat and put a picture of it up in the office for all employees to look at. I will call it the "Trickle Down".
As a service business you likely won't benefit in that regard. Calculation of QBI will have a large impact on business owners. Still other (existing) planning/tax mitigation strategies available.
 
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