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The Trump Presidency |
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Rattlesnake
Champion Joined: 15 Nov 2015 Status: Offline Points: 705 |
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From a previous thread;
After Trump's win, the market's reaction; DOW HITS ALL-TIME HIGHhttp://www.businessinsider.com.au/market-update-november-10-all-time-high-2016-11?r=US&IR=T |
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JudgeHolden
Champion Joined: 16 Apr 2011 Status: Offline Points: 11729 |
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This Presidency will be a tightrope for Trump. How does he back away from some of his more outrageous statements and not alienate his base? Already there are mutterings of the wall being "metaphorical", and now this:
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Rattlesnake
Champion Joined: 15 Nov 2015 Status: Offline Points: 705 |
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Multi-national US companies are estimated to be holding $1.4 trillion in cash outside of the USA. Google and Microsoft are the biggest holders of cash outside the USA. At the moment, this cash is useless to shareholders, the the US economy and US Government. This build up has occurred because these companies don't want to pay the US corporate tax rate of 35%. Trump's policies look towards reducing the corporate tax rate so that these multi-nationals don't end up shuffling money out of the country. When money leaves the country, taxes don't get paid and the cash isn't re-invested in the economy. Lower corporate tax rates encourage US companies to hold their cash in the country and re-invest, creating growth within the domestic economy. Lower corporate tax rates also reduce costs on businesses which have previously off-shored and taken jobs with them. High tax rates reduce competitiveness. Trump is also promoting a one off tax rate of 10% for all repatriated cash. If $700Bn is repatriated, that means a massive injection of private money into the economy to stimulate growth, plus $70Bn into Government coffers. A genius move, huge stimulation to create jobs and growth using private funds. I wouldn't mind betting that a Trump Republican Government would use part of that $70Bn tax revenue to help stimulate growth via infrastructure private/public partnership investments in the Rust belt states of Pennsylvania, Ohio, Wisconsin, Michigan etc. These are the States that delivered the party the election, and the states which will need to be held in 2020. The potential for the above tax policies to stimulate the US economy is huge. |
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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No, the market never flinched, did it? I didn't expect you to be still interested in this thread after Priebus announced yesterday that deportations were not going to happen and the wall was metaphorical.
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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Don't pee before your water comes.
We may well have a great President on our hands . Keep him away from Monica and her dickta phone.
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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The way he will have to backtrack on all the bullsh*t he spouted before the election conning the suffering struggling deplorables, there is a better chance of revolution maxie.
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Gay3
Moderator Group Joined: 19 Feb 2007 Location: Miners Rest Status: Offline Points: 52011 |
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My thoughts too macca, let's wait & see, campaigning is one thing, ruling another - particularly in the States.
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Wisdom has been chasing me but I've always outrun it!
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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We had a very recent PM here similarly lied his way into office with an agenda he could never keep. His own party threw him out to save themselves. While they can't throw Trump out, his non delivery will drive voters back to the parties they abandoned for him, wasting a great opportunity to kill inequality
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Rattlesnake
Champion Joined: 15 Nov 2015 Status: Offline Points: 705 |
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Just making an observation Passing Through. Do you have a problem being held accountable? If you are going to act like the World will end upon a Trump win in the other thread, expect your prediction to be discussed if it doesn't play out that way. You were very strong on the markets being indicative of your view being correct, I'm just pointing out that the Dow hit an all time high last night. I will drop in every now and then to have a laugh at what I'm sure will be the continued whining and the 'we know better' attitude that also pervaded the previous discussion thread.
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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Are you saying the volatility has stopped yet, it never happened or both? As many pointed out the market had already somewhat factored in a Trump possibility. On it actually happening there was a lot of movement before settling back again. Before Trump starts to rule, there will be much more volatility in the markets as they try to work out from announcements he either holds or reverses on who the winners and losers will be. Markets move and return, there isn't a lot of places money in that volume to shift to. I wouldn't like to be holding shares in anything to do with renewable energy or science based We have flat-earthers in charge. Climate science and evolution deniers. Wonder what they will do with NASA? Military/weapons based companies on the other hands are rubbing their hands together, but there will still be plenty of uncertainty and movement to come |
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maccamax
Champion Joined: 18 Jun 2010 Status: Offline Points: 41473 |
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What stood out to me was the disgusting interference attempts from Australia's gutter rats .
How they would cry if the USA gave such opinions on our leaders at election time . Shorten took the cake , labelling Trump as MAD . Gillard's testicles went into overdrive . Many others have some answering to do too.
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acacia alba
Champion Joined: 30 Oct 2010 Location: Hunter Valley Status: Offline Points: 41524 |
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All pollies, even your heros, PT, back track on their promises once they get their foot in the door.
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animals before people.
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Mr Prospector
Champion Joined: 08 Dec 2008 Status: Offline Points: 2025 |
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Bank stocks in US and here have jumped significantly due to claims he will ease the banks requirements to hold capital (ala pre GFC ) . This is not a good thing unless your in real estate and need easy cheap money .
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Red Hare
Champion Joined: 11 Jan 2015 Location: Victoria Status: Offline Points: 4233 |
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** Governing. That's the critical difference between the two sides.
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Whale
Champion Joined: 01 Jun 2009 Location: St Kilda Beach Status: Offline Points: 38719 |
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Looks like trump will be looking after the evil banks and the establishment, gotta laughat the suckers who expected anything else |
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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Do you know what he will do once he gets control, or doesn't it matter?
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Whale
Champion Joined: 01 Jun 2009 Location: St Kilda Beach Status: Offline Points: 38719 |
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The early gloat strikes again, wait till he says something dumb or unpopular, and he will, watch the market dive then |
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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https://medium.com/@seanokane/day-1-in-trumps-america-9e4d58381001#.vzlndodu8
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ExceedAndExcel
Champion Joined: 20 Dec 2008 Status: Offline Points: 16245 |
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Muslim ban policy removed from his website. Suspect few if any of the more controversial policies will actually happen. Much to the disappointment of the whackos out there.
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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and in here?
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Passing Through
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JudgeHolden
Champion Joined: 16 Apr 2011 Status: Offline Points: 11729 |
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He's also vowed to impose tariffs on goods made abroad. Wonder what the market will think of the likely trade war. I'm tipping that might be one of his "non-core" promises.
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Passing Through
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Wonder what his struggling constituents will think when they have a 45% surcharge on all Chines imports, which according to him is what they have become totally reliant on?
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Whale
Champion Joined: 01 Jun 2009 Location: St Kilda Beach Status: Offline Points: 38719 |
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Walmart employs an astounding 2.1 million people. In the United States alone, the company employs 1.4 million people. This is a staggering 1% of the U.S.'s 140 million working population.Sep 20, 2010
So much for creating jobs, there go a few hundred thousand jobs without even trying |
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djebel
Premium Joined: 07 Mar 2007 Status: Offline Points: 53960 |
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It seems the real problem with Trump being elected is not the damage he himself might do but the empowering of the racists and their ilk causing untold misery.
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reductio ad absurdum
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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League Of The South Hails Trump, Wants ‘No Mercy’ Towards ‘Jews, Minorities And Anti-White Whites’By Brian Tashman | November 10, 2016 2:23 pm http://www.rightwingwatch.org/post/league-of-the-south-hails-trump-wants-no-mercy-towards-jews-minorities-and-anti-white-whites/
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Whale
Champion Joined: 01 Jun 2009 Location: St Kilda Beach Status: Offline Points: 38719 |
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EEERR League Of The South, all of Trump's children bar the young one are married to or engaged to Jews
What a bunch of moronic losers |
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Whale
Champion Joined: 01 Jun 2009 Location: St Kilda Beach Status: Offline Points: 38719 |
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MAKE AMERICA HATE AGAINA rash of racist attacks have broken out in the US after Donald Trump’s victory |
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Passing Through
Champion Joined: 09 Jan 2013 Location: At home Status: Offline Points: 79532 |
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Why shouldn't they behave like this and expect that everyone except whites be dealt with?
Didn't Donald speak to them personally, and he got elected, didn't he?
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Isaac soloman
Champion Joined: 13 Oct 2015 Status: Offline Points: 6085 |
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"Watching the self entitled socialist elite protest in the streets, denying people's democratic right to vote, is exactly why Trump won.
Apathetic non-voting university brainwashed hipster - YOU CAN HAVE AN OPINION SO LONG AS ITS MY OPINION. America desperately needed a shake up. And while I don't agree with him on a lot of issues there is a lot I do agree with, particularly on reigning in unsustainable welfare and building the economy again." Rachel Corbett November 10, 2016 9:00pm I don’t like Trump. But maybe I was wrong about himAs the hangover from the Trump victory wears off I have a small confession to make. I’m feeling hopeful. Granted, a year from now, as I’m standing in the smouldering ruins of society watching The Four Horseman gallop over the rise I might be cursing my premature optimism. But watching Trump deliver his first speech as President-elect I thought, “maybe I didn’t give this guy enough credit.” Everyone was waiting for him to celebrate by wheeling out a keg and hosing down women in white T-shirts but instead he looked (I can’t believe I’m saying this) mildly Presidential. Most of that can be attributed to his speechwriters, who hit the perfect tone to temper his madness, but as he delivered his speech I wondered whether Trump had played us all spectacularly. He’s had years of experience in reality television, has been a public figure for decades and knows how the media works. He understands what behaviour gets the loudest cheers and highest ratings.nd while I doubt we’re going to see him morph into a tanned Mother Teresa anytime soon, I’m starting to think the Trump we saw on the campaign trail might be the one he knew would have most impact. Truth is, if he’d been the bloke on election night promising unity and fairness the whole way through, he’d never have been able to galvanise the disaffected masses he needed to win. As someone who was bewildered by his success, the election result opened my eyes to how far removed those of us in media and politics are from the people who’s lives are genuinely affected by the decisions of Government. I, like many, thought reason, logic and decency would prevail but none of those things put food on the table for a retirement-age steelworker who can’t remember the last time he had $5 to spare. I was so swept up in this idea the smartest and most adult person in the room was the most deserving that I was genuinely shocked when Hillary refused to front her supporters when things were looking grim. Those people had been waiting for hours to hear from a woman who represented their hopes for the future and instead they were fed some line about the fight not being over even though 15 minutes later she was calling Trump to concede defeat.You can guarantee if Trump lost he would have been out in front of the crowd thanking them for their support (and potentially hosing down women in white T-shirts). In fact, I think he might have preferred that so he could just slap an “as seen on the Presidential ballot” sign on the entrance of his buildings without having to deal with the 3am phone calls about Syria. For Hillary, however, this was deeply personal and refusing to deliver a concession speech under the giant glass ceiling and fireworks that were potentially prematurely booked, proved this was more about her than the people. As an anti-politician Trump has everything to lose and nothing to gain, so he’ll hopefully be more concerned with getting things done than making sure he’s still got a car space in four years. Whatever the outcome, those of us who doubted him need to be rooting for his success. The American people voted and if he’s the divisive, misogynistic piece of work we’ve seen so far they’ll have their chance to vote him out in four years. But it’s in everyone’s best interests for him to prove we severely underestimated him. Let’s hope Trump can make America great again, because if he doesn’t we’re stuffed. In the end was clinton more concerned about being the first WOMAN president? |
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