Guest Posted March 31, 2016 Report Posted March 31, 2016 This probably explains the support for Trump better than anything else I've read lately. From the BBC, ironically. How much does it hurt to leave the certainty in which you were raised, the community of family and church and friends who have known you forever? You go 500 or 1,000 miles south and live in an exurb built at the junction of an interstate in the middle of nowhere and have to work very hard to create that same sense of community. You find a job, but unlike your daddy's job it isn't unionised, you work for less and you have very little security. When the economy slows, you know your job is at risk. America grows richer for some but not for you. That hurts. http://www.bbc.com/news/magazine-35890784 The article certainly captures the reasons for anger about the 'American Dream' being a lie, but it is more of an explanation for supporting Sanders than Trump. Donald does like to appear angry and tell the voters he will make America great again, but his support for them ends with that spectacle. Trump is purposely vague on his plans but the few details he has provided would be disastrous for the people discussed in the article. His plan to cut taxes on the top bracket, is certainly a windfall for the very wealthy, but it will also significantly increase the deficit. Add in the fact that he has vowed to increase military spending while also engaging in new and larger sustained fights abroad, and the financial picture gets worse. The people who the author claims are suffering will either see their taxes rise or services cut leaving them worse off than they are now. Trump taps into voter anger, but rather than providing solutions to problems cited in the BBC piece like Bernie has done, he has simply directed it at Mexicans and Muslims. The reason Trump has support is because Republicans are angry and for some reason Americans seem to feel the party must support was decided at birth, like a blood type. Quote
bush_cheney2004 Posted March 31, 2016 Author Report Posted March 31, 2016 No worries....the current two term American president has run huge deficits, keeping "tax cuts" in place for years. Quote Economics trumps Virtue.
Guest Posted March 31, 2016 Report Posted March 31, 2016 The current prez has dramatically shrunken a massive deficit, inherited from George Bush. That deficit was created, in part, by the large tax cuts handed out by Bush along with military spending. Trump plans to do both. In fact, his tax cuts will dwarf those of Bush and even Reagan, despite the debt to GDP ration being in worse shape than it was for either former president. http://www.taxpolicycenter.org/taxvox/gop-proposed-tax-cuts-would-be-unprecedented-updated "Trump’s giveaway to the rich would also be quite costly. The Tax Policy Center has estimated that it would cost the government $9.5 trillion in revenue over 10 years, a far larger bite than tax breaks that were passed by Presidents Reagan and George W. Bush. To make it revenue neutral, while keeping to his promise not to make changes to Social Security and Medicare and implementing all of his other policy preferences, Trump would have to cut all other government spending by more than three-quarters." http://thinkprogress.org/economy/2016/03/03/3756366/hillary-clinton-tax-analysis/ Trump's tax plan for the rich, as proposed, would cost the government an additional trillion dollars per year. Great plan Don...great plan. Quote
bush_cheney2004 Posted March 31, 2016 Author Report Posted March 31, 2016 The current prez has dramatically shrunken a massive deficit, inherited from George Bush. President Obama kept so called "Bush tax cuts" in place, in addition to cuts in employment taxes. He has nearly doubled total U.S. federal debt. Trump can't do any worse. Quote Economics trumps Virtue.
Guest Posted March 31, 2016 Report Posted March 31, 2016 (edited) President Obama kept so called "Bush tax cuts" in place, in addition to cuts in employment taxes. He has nearly doubled total U.S. federal debt. Trump can't do any worse. Yeah, the analysis of Trump's plan show that he will do much worse. Obama shrunk the losses inherited from Bush, Trump is set to increase the annual deficit by $1 Trillion. That's yuge! What's worse is that Bush tax cuts are still in place and Trump still wants to give 4% of the GDP back to the rich. As a percentage of GDP that's nearly double the tax cuts made by Reagan and more than double those by Bush that, as you mentioned, are still in place. Edited March 31, 2016 by Guest Quote
bush_cheney2004 Posted March 31, 2016 Author Report Posted March 31, 2016 Yeah, the analysis of Trump's plan show that he will do much worse. Obama shrunk the losses inherited from Bush, Trump is set to increase the annual deficit by $1 Trillion. That's yuge! If it was good enough for Bush and Obama, then it is certainly good enough for Trump. I hear that deficit spending is all the rage north of the border these days too, and that's without getting any military hardware. Quote Economics trumps Virtue.
Guest Posted March 31, 2016 Report Posted March 31, 2016 If it was good enough for Bush and Obama, then it is certainly good enough for Trump. I hear that deficit spending is all the rage north of the border these days too, and that's without getting any military hardware. Trump adding another trillion to the annual deficit doesn't buy anything new, military or otherwise. It simply gives the rich more cash. I get why wealthy, white, men support Trump, but the rest of the "useful idiots" chanting his name would get screwed by that plan. What's the point of ignorant masses if you don't exploit them, right? Quote
bush_cheney2004 Posted March 31, 2016 Author Report Posted March 31, 2016 (edited) Trump adding another trillion to the annual deficit doesn't buy anything new, military or otherwise. It simply gives the rich more cash. I get why wealthy, white, men support Trump, but the rest of the "useful idiots" chanting his name would get screwed by that plan. What's the point of ignorant masses if you don't exploit them, right? Same way Bush and Obama "exploited" them with more debt load and lower interest rates. Funny how Trump is being held to a different fiscal standard, eh ? The USA will be getting new military hardware either way....we always do! Edited March 31, 2016 by bush_cheney2004 Quote Economics trumps Virtue.
msj Posted March 31, 2016 Report Posted March 31, 2016 LOL. Aren't you the one who kept pointing to his bankruptcy experience? There may be bankruptcy lawyers.....but what do these lawyers do? Pull you out of bankruptcy, and most importantly, set you on the way to recovery? Yes, I did point out his 4 times of corporate bankruptcy. Which has nothing to do with having the legal experience to navigate bankruptcy. Trump did the easy part - run 4 corporations into the ground. Then the lawyers and accountants did all the work to settle the matters. But what an effective leader! To get such experience time and time and time and time again! Quote If a believer demands that I, as a non-believer, observe his taboos in the public domain, he is not asking for my respect but for my submission. And that is incompatible with a secular democracy. Flemming Rose (Dutch journalist) My biggest takeaway from economics is that the past wasn't as good as you remember, the present isn't as bad as you think, and the future will be better than you anticipate. Morgan Housel http://www.fool.com/investing/general/2016/01/14/things-im-pretty-sure-about.aspx
Argus Posted March 31, 2016 Report Posted March 31, 2016 The article certainly captures the reasons for anger about the 'American Dream' being a lie, but it is more of an explanation for supporting Sanders than Trump. Donald does like to appear angry and tell the voters he will make America great again, but his support for them ends with that spectacle. I don't disagree. But a lot of their anger is directed at their jobs going overseas, so Trump's obnoxious blaming and namecalling of Chinese and Mexicans and the like plays well with them. Plus these are Republicans. To them Sanders is a Communist. He's just not an option. Quote "A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley
bush_cheney2004 Posted March 31, 2016 Author Report Posted March 31, 2016 I don't disagree. But a lot of their anger is directed at their jobs going overseas, so Trump's obnoxious blaming and namecalling of Chinese and Mexicans and the like plays well with them. Plus these are Republicans. To them Sanders is a Communist. He's just not an option. True...but American jobs going "overseas" includes Canada (i.e. NAFTA). Quote Economics trumps Virtue.
betsy Posted March 31, 2016 Report Posted March 31, 2016 (edited) Yes, I did point out his 4 times of corporate bankruptcy. Which has nothing to do with having the legal experience to navigate bankruptcy. Trump did the easy part - run 4 corporations into the ground. Then the lawyers and accountants did all the work to settle the matters. But what an effective leader! To get such experience time and time and time and time again! Well of course bankruptcy law has something very much to do with legality! Otherwise it wouldn't be law! And of course, big corporations DEFINITELY have their own lawyers and accountants! You don't even have to be a big corporation to have your own lawyer and accountant! Comes handy to have experienced the downside. Edited March 31, 2016 by betsy Quote
Argus Posted April 1, 2016 Report Posted April 1, 2016 True...but American jobs going "overseas" includes Canada (i.e. NAFTA). That giant sucking sound you hear isn't a bunch of American jobs going north to the 'lower paid' Canadians. If anything, Canadian jobs have gone to the US, to non-union states. No, the jobs have gone to Mexico by the hundreds of thousands, as well as other low rent jurisdictions without unions, pensions or pollution laws, like India and China. Quote "A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley
bush_cheney2004 Posted April 1, 2016 Author Report Posted April 1, 2016 That giant sucking sound you hear isn't a bunch of American jobs going north to the 'lower paid' Canadians. Whether lower or higher paid, the American jobs that went to Canada (automotive, software development, call centers, etc.) still make the Ross Perot sucking sound. Canada...Mexico...China...doesn't matter....all offshored jobs. Maybe spend more time on economic development domestically and less time boycotting foreign ketchup. Trump is helping in Vancouver right now. Quote Economics trumps Virtue.
rotary Posted April 1, 2016 Report Posted April 1, 2016 Whether lower or higher paid, the American jobs that went to Canada (automotive, software development, call centers, etc.) still make the Ross Perot sucking sound. Canada...Mexico...China...doesn't matter....all offshored jobs. Maybe spend more time on economic development domestically and less time boycotting foreign ketchup. Trump is helping in Vancouver right now. Where do you thik Trup gets his clothes made? Give you a hint, it ain't Vancouver. But he is helping property values in Cape Breton apparently. Quote
bush_cheney2004 Posted April 1, 2016 Author Report Posted April 1, 2016 Where do you thik Trup gets his clothes made? Give you a hint, it ain't Vancouver. But he is helping property values in Cape Breton apparently. Where do most of us get our clothing made ? Hint...it ain't Vancouver. Cape Breton is an viral joke made more pathetic by bringing attention to just how much of its population has abandoned the island. Not even Donald Trump can change that. Quote Economics trumps Virtue.
rotary Posted April 1, 2016 Report Posted April 1, 2016 Where do most of us get our clothing made ? Hint...it ain't Vancouver. Cape Breton is an viral joke made more pathetic by bringing attention to just how much of its population has abandoned the island. Not even Donald Trump can change that. Then Trump should shut the eff up about China and Mexico etc., and just accept he is a known hypocrite. If he gets to be pres. Cape Breton will soar. Quote
bush_cheney2004 Posted April 1, 2016 Author Report Posted April 1, 2016 Then Trump should shut the eff up about China and Mexico etc., and just accept he is a known hypocrite. If he gets to be pres. Cape Breton will soar. Trump can say whatever the hell he wants to....it's his right to do so....he is not in Cape Breton or any other part of Canada....except when he creates jobs in Vancouver or Toronto. Quote Economics trumps Virtue.
rotary Posted April 1, 2016 Report Posted April 1, 2016 Trump can say whatever the hell he wants to....it's his right to do so....he is not in Cape Breton or any other part of Canada....except when he creates jobs in Vancouver or Toronto. He can say whatever he wants to, and boy has he ever made an ass of himself doing so. A hotel is a hotel, having Trumps nae on the side of it doesn't create many jobs. Quote
SpankyMcFarland Posted April 1, 2016 Report Posted April 1, 2016 He is completely unpredictable. There was a concern about Reagan and nukes at first but he turned out to be more reasonable than he let on. With Donny it really is impossible to know what button he might press in a fit of pique. Witness his casual discussion about nukes for Japan and South Korea his week. Any other candidate from either party would be less worrying from that point of view. He would probably behave sensibly in office but I hope we do not have to find out. Quote
bush_cheney2004 Posted April 1, 2016 Author Report Posted April 1, 2016 He can say whatever he wants to, and boy has he ever made an ass of himself doing so. A hotel is a hotel, having Trumps nae on the side of it doesn't create many jobs. Trump has created more jobs in Canada than The Right Honourable Justin P. J. Trudeau. Not too bad for an "ass". Quote Economics trumps Virtue.
bush_cheney2004 Posted April 1, 2016 Author Report Posted April 1, 2016 He is completely unpredictable. There was a concern about Reagan and nukes at first but he turned out to be more reasonable than he let on. With Donny it really is impossible to know what button he might press in a fit of pique. Witness his casual discussion about nukes for Japan and South Korea his week. Any other candidate from either party would be less worrying from that point of view. He would probably behave sensibly in office but I hope we do not have to find out. The release of nuclear weapons by the United States does not work like that. It's not a Hollywood movie....on U.S. Netflix. Quote Economics trumps Virtue.
rotary Posted April 1, 2016 Report Posted April 1, 2016 Trump has created more jobs in Canada than The Right Honourable Justin P. J. Trudeau. Not too bad for an "ass". He's a politician. The #1 politician here. Trump wont ever make it. How many times has Trump gone bankrupt? Quote
bush_cheney2004 Posted April 1, 2016 Author Report Posted April 1, 2016 He's a politician. The #1 politician here. Trump wont ever make it. How many times has Trump gone bankrupt? As many times as he wants to....Trump is getting more CBC attention in Canada than The Right Honourable Justin P. J. Trudeau. Quote Economics trumps Virtue.
SpankyMcFarland Posted April 1, 2016 Report Posted April 1, 2016 (edited) The release of nuclear weapons by the United States does not work like that. It's not a Hollywood movie....on U.S. Netflix. Oh dear, we are going to have one of those conversations. I think the President still has a role in nuclear weapons policy? The button reference is shorthand because my posts rarely go beyond five lines. Trump's statements this week about possibly using nukes in the ME and Europe were noted across the world. His ignorance of the nuclear triad was picked up by Bush at the debates. The guy is not competent for the job he seeks. He gets attention because he is a complete jackass. Edited April 1, 2016 by SpankyMcFarland Quote
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