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May 11 2017 07:41am
Quote (sir_lance_bb @ May 11 2017 09:26am)
Harry Truman is the dumbest president in US history.


Why?
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May 11 2017 07:45am
Quote (ofthevoid @ 11 May 2017 14:36)
20 trillion dollars in debt of which half was added during his time in office.
I honestly see Trump doing very well on the economics side.


Nope, Right Wing increase the debt much more, im pretty sure trump will beat records by far, and that without the 2008 crisis



This post was edited by Saucisson6000 on May 11 2017 07:59am
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May 11 2017 07:46am
Quote (Voyaging @ May 11 2017 06:41am)
Why?


Nuked japan?
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May 11 2017 08:20am
Quote (thesnipa @ 11 May 2017 08:42)
not really. a few seriously protectionist economic policies could have quite the ripple effect. the only thing that could save him in terms of legacy would be if the ripples take a while to have really bad effects and he's already out of office in 2020. Then he can blame it on them just like he took credit for the economy on his first week in office. A war would be another great way to tank the economy, but i think he's more of a skirmish type guy.

and let's be honest, there's a massive bubble on investment right now due to confidence by investors that has almost no real tangible backing other than "businessman in the white house".


there is a potential for a market retreat- we talked that this was possible no matter who is President now due to a bull market being propped up by fed policy during the last administration.

people care about their money first in general. thats alot of how they remember Presidents. Bill Clinton is held in high regard despite letting NK get nukes, not bothering with Bin Laden when the guy was up for grabs, and being impeached for redefining what sex and is is, among other screwups, all because the times were good then.

If President Trump's administraton sees economic gains and he keeps key campaign promises he has a good chance of being viewed well in the future. Despite the efforts of the tryhard revisionist media and historians.
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May 11 2017 08:31am
Quote (excellence @ May 11 2017 08:20am)
there is a potential for a market retreat- we talked that this was possible no matter who is President now due to a bull market being propped up by fed policy during the last administration.

people care about their money first in general. thats alot of how they remember Presidents. Bill Clinton is held in high regard despite letting NK get nukes, not bothering with Bin Laden when the guy was up for grabs, and being impeached for redefining what sex and is is, among other screwups, all because the times were good then.

If President Trump's administraton sees economic gains and he keeps key campaign promises he has a good chance of being viewed well in the future.Despite the efforts of the tryhard revisionist media and historians.


its pretty easy to just blow a hole in that, tbh, at least from an objective standpoint.

the wall hasn't been shown to be an economy strengthening campaign promise, and i hope we can both agree a tariff would be bad for the economy.

"no interventions, no more foreign wars". he just armed the kurds. he's balls deep in the middle eastern knot at this point. hopefully he gets out, lets both admit that's a long term play though as it will take years under the best circumstances.

repeal obamacare, well one wiff and a foul ball later we're not going to see a 20+ million person kicked off of insurance, imo, as its political suicide. unless u boot them the economic effect isnt going to kick in there for employers saving dough.

all the while he's squeezing the legal pot industry and emerging clean energy fields, which will offset economic gains. especially as legal pot investment is a massive emerging category, even though its still go-fish.

immigration policies could hit the tech sector, already have in some places.

now are any of these going to cause a collapse? nah, but they're all going to hamper what growth Trump can achieve, he's simply too decisive to get "total wins". he'll have some gains and a lot of net zeros. and right now the stock market is bubbled up for gains, lots and lots of gains.

This post was edited by thesnipa on May 11 2017 08:32am
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May 11 2017 08:59am
Quote (ssdrmstre @ May 11 2017 08:46am)
Nuked japan?


Also started the Cold War.
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May 11 2017 09:02am
Quote (sir_lance_bb @ May 11 2017 05:26am)
Harry Truman is the dumbest president in US history.


Truman was an effective President with a good doctrine and nice plans.
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May 11 2017 09:11am
Quote (excellence @ 11 May 2017 16:20)
there is a potential for a market retreat- we talked that this was possible no matter who is President now due to a bull market being propped up by fed policy during the last administration.

people care about their money first in general. thats alot of how they remember Presidents. Bill Clinton is held in high regard despite letting NK get nukes, not bothering with Bin Laden when the guy was up for grabs, and being impeached for redefining what sex and is is, among other screwups, all because the times were good then.

If President Trump's administraton sees economic gains and he keeps key campaign promises he has a good chance of being viewed well in the future. Despite the efforts of the tryhard revisionist media and historians.


plus unemployment hit a 10 year low (i think we had that here a few pages back)
true words about how people remember politicians, its the same everywhere in the world
my country is no exception, when you take a close look at certain guys it makes you wonder how such an idiot has a good reputation, but when those were the "fat" years nobody cares

however trump should be careful to not create a huge job bubble
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May 11 2017 09:12am
Quote (thesnipa @ 11 May 2017 10:31)
its pretty easy to just blow a hole in that, tbh, at least from an objective standpoint.

the wall hasn't been shown to be an economy strengthening campaign promise, and i hope we can both agree a tariff would be bad for the economy.

"no interventions, no more foreign wars". he just armed the kurds. he's balls deep in the middle eastern knot at this point. hopefully he gets out, lets both admit that's a long term play though as it will take years under the best circumstances.

repeal obamacare, well one wiff and a foul ball later we're not going to see a 20+ million person kicked off of insurance, imo, as its political suicide. unless u boot them the economic effect isnt going to kick in there for employers saving dough.

all the while he's squeezing the legal pot industry and emerging clean energy fields, which will offset economic gains. especially as legal pot investment is a massive emerging category, even though its still go-fish.

immigration policies could hit the tech sector, already have in some places.

now are any of these going to cause a collapse? nah, but they're all going to hamper what growth Trump can achieve, he's simply too decisive to get "total wins". he'll have some gains and a lot of net zeros. and right now the stock market is bubbled up for gains, lots and lots of gains.

this is a good in-depth view at the scenarios, but americans are in general not going to look at it that way, its more like:

his base: herp my monies are more now than before he took office and either tried or did build that wall, yay
his opponents: herp my monies are more now than before he took office, i still hate him but whatever i guess yay

the opposite if the monies go down

e: i dont like tariffs either

This post was edited by excellence on May 11 2017 09:14am
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May 11 2017 09:18am
Quote (excellence @ May 11 2017 09:12am)
this is a good in-depth view at the scenarios, but americans are in general not going to look at it that way, its more like:

his base: herp my monies are more now than before he took office and either tried or did build that wall, yay
his opponents: herp my monies are more now than before he took office, i still hate him but whatever i guess yay

the opposite if the monies go down

e: i dont like tariffs either


Motivations and confidence are one thing, but that bubble's getting really fucking big. sure the economy is on an upswing, but i think a market correction amid all this "21k! we're never gonna stop" nonsense is going to have drastic effect tbh.

i'm glad i made some serious cash but i'm also taking steps to mitigate the loss i'm confident is coming for a lot of bubble investors. unless trump pivots on legal pot or clean energy to mitigate the loss, those are the only two industries that i think can fill the gap. manufacturing sure as shit isnt going to with the R&D budget of most firms getting quadrupled to automate, profits are nonexistent to investors in most of those sectors from what i track. and honestly Tesla might be so successful in his car/roof ventures that it doesnt even take a pivot by trump and is instead a demand based push, i doubt that as well though.
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