President Trump: Making America Great Again...

[Uncle Ted]

It will be 6.

Yeah, if someone knocks off Drumpf in his re-election bid I am guessing he or she will be an libertarian... Dems suck these days:

More Americans than ever find Democrats out of the mainstream

Let’s get right to the good stuff: In a new poll conducted by NBC News and The Wall Street Journal, just 33 percent of those surveyed think the Democratic Party is “in the mainstream.” More than half (56 percent) consider them out of step.


Just two years ago in 2016, those numbers were far different: 48 percent mainstream, 42 percent out. That means the “mainstream” number has plunged 12.5 percent, a huge drop in just two years.
[...]

https://m.washingtontimes.com/news/2...eam-americans/

[BlueK]

Yeah, if someone knocks off Drumpf in his re-election bid I am guessing he or she will be an libertarian... Dems suck these days:

Will that be after Trump's fourth or fifth term?

[Uncle Ted]

Will that be after Trump's fourth or fifth term?

I am guessing after Pence’s second or Ivanka’s first given I have no faith in the Dems getting their crap together.


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[BlueK]

I am guessing after Pence’s second or Ivanka’s first given I have no faith in the Dems getting their crap together.


Sent from my iPad using Tapatalk

By the time it gets to Ivanka there technically won't be such a thing as a term anymore.

[frank ryan]

Yeah, if someone knocks off Drumpf in his re-election bid I am guessing he or she will be an libertarian... Dems suck these days:


https://m.washingtontimes.com/news/2...eam-americans/

They still get more vote in Presidential elections.

[PaloAltoCougar]

I’ve disliked Trump since the ‘80s when the lifestyle he described in The Art of the Deal in many self-promoting interviews even then seemed amoral and disgusting. Thus, it’s enjoyable watching Trump running into issues because his approach to business and life lost him the support of top, reputable lenders and financers, and access to the best legal talent (most Wall Street firms have declined representation). Instead, he’s had to get financing from questionable sources and his closest legal adviser in recent years is a jamoke from the lowest rated law school in the country. And after both Trump and Giuliani had praised Cohen’s skill and integrity, it’s amusing that they’ve now discovered the guy is a “pathological liar” with “no integrity.” They must be shocked, SHOCKED!

[tooblue]

Our socialist president

https://www.washingtonpost.com/opini...=.a0c4a602a71f

"A more apt connection of current events to actual socialism was made by Sen. Ron Johnson, the Wisconsin Republican, when President Trump decided to validate the conservative axiom that government often is the disease for which it pretends to be the cure. When the president decided to give farmers a $12 billion bandage for the wound he inflicted on them with his splendid little (so far) trade war, and when other injured interests joined the clamor for comparable compensations, Johnson said, “This is becoming more and more like a Soviet type of economy here: Commissars deciding who’s going to be granted waivers, commissars in the administration figuring out how they’re going to sprinkle around benefits.”

[Northwestcoug]

Imagine being a politician and OK'ing this video for the public:

[Uncle Ted]

OMG, Drumpf is attacking the hands that feed the GOP'ers!

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PAC is right... Drumpf is no GOP'er. Someone let George Will he can come back to the Grand Ole Party.

[BlueK]

OMG, Drumpf is attacking the hands that feed the GOP'ers!

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PAC is right... Drumpf is no GOP'er. Someone let George Will he can come back to the Grand Ole Party.

uh oh, a couple of rich guys who lean libertarian don't like Trump anymore.

[tooblue]

OMG, Drumpf is attacking the hands that feed the GOP'ers!

PAC is right... Drumpf is no GOP'er. Someone let George Will he can come back to the Grand Ole Party.

Traitors gonna trait! Shake it off Koch brothers.

[falafel]

Imagine being a politician and OK'ing this video for the public:

Historically bad.

[BlueK]

This is going to seem like a throw cold water onto Trump's great economy piece, but it makes solid arguments. I think it would be a much better outlook without his dumb trade policy.

Under the president, the Republicans have gone on a deregulatory spree and passed a massive tax cut. And while his party isn't exactly thrilled with it, there's also Trump's burgeoning trade war.

But has any of this translated into real, fundamental differences in the economy's performance?

It's difficult to see any evidence. Job growth remains modest but steady. Nominal wage growth is there, but it's mediocre. And this has literally been the story for years and years, well before the arrival of Trump or the current Congress.

Paradoxically, the recovery from the Great Recession has been one of the most anemic-yet-dogged in American history.

This is especially noteworthy when it comes to the Republicans' tax cut. Their theory was that by making investments more profitable, the tax law would encourage more investment and thus boost growth. This never made much sense: Investment in the U.S. economy has been crumbling for decades even as corporate profits soared to new heights. Sure enough, post-tax cut, the glut of shareholder payouts has continued, but there's no sign of a pickup in investment. In fact, the same Friday report that showed high economic growth also revealed the slowest growth for equipment investments since late 2016. Whatever boosted GDP in the second quarter, it wasn't that.

A more likely culprit is in fact Trump's trade war. But not in the way the president would want.

America's trading partners, particularly China, are gearing up to retaliate against Trump with tariffs of their own. Like shoppers stripping grocery shelves bare in anticipation of a hurricane, it looks like foreign buyers cranked up their purchases of American exports in the second quarter to get them in before the crackdown arrived. For instance, U.S. soybean exports — which are now getting hit hard by the trade war — were up over 50 percent. All told, the sudden surge in American exports accounted for half of the 4.1 percent GDP growth rate.

Analysts at Morgan Stanley said it was "likely a reflection of stockpiling ahead of the implementation of trade tariffs, and so they are likely to subtract from growth in the following quarters." In other words, Trump's policies didn't drive that growth so much as inspire a foreign freakout that injected more demand into our economy from abroad. And because it happened in anticipation of a trade war that's now here, the temporary boom will almost certainly be followed by a bust.

The jump in U.S. exports will likely fall back next quarter. And the business side of the tax cut package will likely continue to deliver not much of anything. Trump could also make things worse if he escalates his trade war.

Finally, Trump's Federal Reserve has been another study in continuity, rather than rupture, with the Obama years. But if Fed officials get spooked — including by the president himself — they could hike interest rates faster and put the squeeze on growth.

Trump and his people may be enjoying the economy's breakneck growth right now. But pretty soon, it will hit the skids.

http://theweek.com/articles/787336/w...p-economy-bust

[frank ryan]

OMG, Drumpf is attacking the hands that feed the GOP'ers!

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PAC is right... Drumpf is no GOP'er. Someone let George Will he can come back to the Grand Ole Party.

You are the ultimate Trump shill. You can stop pretending your mission is to show up that both parties are bad. If it was you've failed miserably.

[Uncle Ted]

I guess a Nobel Prize in economics, like a Nobel Prize for peace, doesn't mean much these days...