I don’t understand people who are negative of Trump, they must be missing some basic knowledge of the economy.
When Obama leaves office, he will do so as the first President in History not to have one year with at least 3% GDP growth. Additionally real wages have FALLEN since Obama became president, and there are more people in this country not in the workforce than ever before.
On top of that, the U.S. has had an annual trade deficit in the $500 billion range for years and that number is growing. This is money that is being sucked out of the economy, and is a transfer of wealth. Any GDP growth that occurred is being financed by debt. At some point that debt will need to be paid, which will cause the fed to print money non stop, this will lead to hyper inflation and relegation of he U.S. to 3rd world standards of living.
Look at the businesses people are investing in. Healthcare and Consumer Sales. Healthcare is a service and net drain on the economy, it will collapse if it is not addressed because the average family can not continue to pay $15k per year with double digit yearly increases, 2 of the largest insurance companies already pulled out of Obamacare, and others are predicting rate increases up to 40%.
Consumer spending (Amazon sales etc.) are also a net drain on the economy, as for the most part consumers are spending money for imported products.
Trump is the only candidate who has addressed this and realizes the importance of the U.S.becoming a net producer instead of consumer.
This is aside for the fact that Clinton has shown herself willing to compromise the interest of this country, for personal gain, including insuring that Russia, the largest exporter of Nuclear Technology, now owns 40% of U.S. uranium reserves.
Between legal immigration and workers visas the U.S. legally excepts 2 million foreigners to come and work in the U.S. yearly, by far the most in the world, and more than the entire EU combined.
Clinton wants to let in more on top of that. While massive immigration may make sense when the economy is booming, with over 90 million, work aged Americans out of work, illegal immigration needs to be stopped and work visas need to be limited.
For the Frum, they should be very afraid of what Clinton will do with 2 Supreme court appointees.
Trump may be a little blunt, but I don’t know how anyone could not support him.
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If we only paid attention to what Trump says I would vote for him. However I don’t trust him at all to implement his policies because of his volatile temperament. He’s not normal. Most politicians don’t keep their campaign promises. There is no way Trump can keep his campaign promises. He’s totally off the wall! So how in the world will he be able to build a wall? It’s just campaign rhetoric. ! He doesn’t know how to speak and he is not the one I want to be there with his finger on the button either. Everything you can say about Obama and Hillary is correct. But Trump is not an alternative either. I’m not sure I’m not voting for him, but I surely don’t want to.
trump is not just blunt. hes a deranged lunatic. that being said im voting for trump because its ABC Anyone But Clinton and maybe for some of the things you said too
blunt ? how about off the wall ? The US needs its allies, but someone who speaks first & thinks second or maybe tenth will turn everyone against the US. & of course he has no idea how to implement anything he says.. So though I am no fan of Hillary she is the lesser of the 2 evils.
Lwt me recap what the writer is expressing. It’s a relatively simple idea. Conservative policies make more sense than liberal policies. The Conservative view is based on a realistic approach, while the Liberal view is unrealistic.
The issue with Trump is that he will likely not keep to Conservative policies and is an unhinged individual who can spark war for something so simple as someone poking fun of the size of his hands.
Trump isn’t a Conservative and doesn’t express Conservative ideas. Without getting into the nitty gritty details, his policies will destroy our economy and will risk war and disaster.
Here’s a link to a WSJ article on a Moody’s report showing that Donald Trump’s economic proposals, taken at face value, could produce a prolonged recession and heavy job losses that would fall hardest on low- and middle-income workers. http://blogs.wsj.com/economics/2016/06/20/u-s-economy-would-be-diminished-under-trumps-economic-plan-new-analysis-says/
I don’t think that anyone needs an article to show that Electibg Trump would be terrible for American and world peace.
In short, I don’t understand how anyone can support Trump. Hillary may be horrendous, but she is not an existential threat to America.
As the writer, you seem to be missing the boat on what I was expressing. You claim Trump is not a conservative and does not have conservative principles, this is the claim of a select few in the never Trump camp.
Conservatism does not mean nation building, and it certainly does not mean globalism at the expense of a nations citizens. He doesn’t have the most conservative record on social issues, but frankly this election is about saving this countries economy, and he is unquestionable more conservative then Clinton.
You quoted from the pro immigrant Rupurt Murdoch WSJ and found an article negative of Trump, not very impressive. There are many economists who feel the cut in corporate taxes alone would be enough to jump start the economy.
As far as all those asserting, that Trump is Crazy and will start wars, you need to actually listen to his full speeches, not small excerpts of a 1 hour speech, or quotes taken out of context.
Trickle down economics has been debunked for the past thirty years. I have blink o idea why someone would say that conservative economics make more sense. After the recession of 2008, the USA practised stimulus where Europe practised austerity. Which recovered faster?
The idea that we need a return to manufacturing is another mistake. If an item can be manufactured cheaper abroad, let her USA play to its strengths, not artificially boost itself through isolation. Amazon generates revenue through everything between manufacturing and the end consumers. That is a model for organic growth.
To 7
I don’t know how you can say trickle down economics has been debunked over 30 years when their hasn’t been a consistent economic policy for 30 years.
It is also a fact that U.S. companies are holding over $2.4 trillion in cash overseas to avoid paying taxes. Lowering the tax rate would allow them to bring that money back and the infusion of cash into the economy would be greater than any stimulus ever passed, not to mention that 15% collected of $2.4 trillion is a whole lot more then 30% of Zero.
It would also benefit the U.S. companies. While Samsung spent $14 billion in R&D in 2015 Apple spent less than half at $6 billion. Easing up the tax and having them repatriate their cash holding would lead to more spending on R&D and be healthier for them in the long run (Samsung has surpassed Apple in Unit Sales of smartphones)
In regard to stimulus, stimulus is not economic policy. That is like saying giving someone in cardiac arrest an adrenaline shot is beneficial, so we should include adrenaline in the food table. Notwithstanding, much of the stimulus was wasted.
Europe’s continued problems, have nothing to do with the stimulus of 7 years ago (Europe had a stimulus, albeit smaller, as well).
Europe’s problems have been, that they have too high of a percentage of workers in the public sector (particularly devastating to Greece), the banks are still carrying a lot of bad debt and are unstable, particularly in Italy and Spain, and they have highly cumbersome labor laws.
The fact is the U.S. is at a disadvantage in manufacturing partially because of bad trade deals that allow other countries a competitive advantage, as well as business regulations. You can not impose higher regulations on U.S. companies and expect them to compete with nations that do not have those regulations
Furthermore, German companies leverage their engineering and innovation to produce the products they design in Germany. U.S. companies do not, to the detriment of the U.S. economy. their is nothing wrong with leveraging your economic strengths to benefit the entire economy, that was standard operating procedure up until a decade ago.
I must say this is the first time I am reading comments on tls and feel like I’m reading a mature conversation. I don’t necessarily agree with all the commenters but they are writing maturely. Thank you
MyAbe tls can put an age requirement for comments
There is no question that trump is the better of the two candidates. Hillary is a crook. She will sell the USA to the highest bidder. She will not protect America or its citizens. Soros, who is against Israel, for blm and other leftist causes is for Hillary, that’s enough of a reason to vote trump. Trump is a decent man that will go out of his way to help another person. He is an אוהב ישראל. Hillary is associated with anti Semites. This should cause everyone to get out and vote trump.