I have been around for a few years. Of all the modern day presidents that I have known Mr T is probably the most humble. He outworks any of them I have seen in my lifetime. He cares for the poor and struggling. He really is trying to MAGA. He really is trying to keep (and is succeeding) capitalism alive and not let the country fall into socialism so deep that it can’t get out. He really is trying to create more jobs in America and in fact is succeeding doing so. He out maneuvers the press constantly..almost daily. And has exposed their ways. Most of the time he is right on his policies. The left said if he wins the economy will collapse. But He wins and it soars. Now they try to say it is soaring because of Mr O. ....ROFMAO ..you can’t have it both ways. Mr T credits those that do a good job and brags about them publicly. Do a poor job and you won’t have a job. He only keeps those that produce at a level he deems acceptable. He gives credit where credit is due. But if they attack him or his MAGA policies he WILL stand up and counter punch them with so many punches ...so fast...their is head is left twirling around like a broken jack-in-the-box-toy. Anytime the liberal elitists bellyache, attack, whine...against someone in power then the odds are we got a man that will fight for the common person. The elitist scream they do care about the common person but they only do so in name, not in deeds. Mr T does so in deeds! True Mr T will mock those that back policies that have been destroying America. He will assign them nicknames that are appropriate in his view. Yep mr T is surely fighting for America while the liberals and elitists holler and scream that he is destroying our values and democracy. Anytime these people are squealing then know the screws are being tightened down on them. He will go down in History as one of the greatest presidents the country has had. To the consternation of the leftists..elitists..globalists...and liberals. They haven’t, can’t, and will never produce like Mr T. It just ain’t in em. Long live Mr T!! Mr T has trumped them ALL! Mr. T’s policies will not only MAGA but will also MTGA (Make Traders Great Again). For that we should be thankful!
There is no such law. (And you know that...we *all* know that.) There is only sloppy analysis, seeing linear connections in an exponential reality, and then feigning shock when things go awry. ("So, this is A Thing for you, Tom?" Yeah. Yeah yeah yeah.... )
Uh-oh -- "...the proper gauge"??? The proper gauge for what??? Did we just turn to fascists or communists, painting our values/desires on others? Did we just leave De Gustibus Non Est Disputandem at the door?
You just left all credibility behind. The Orange Menace has no concept beyond serving/agrandizing himself. His family that do not serve him do not exist, including how many children from how many marriages? His own "party" are ostracized unless/until they take up entirely UN-Republican tenets that clash with historical platform planks. The opposition party has been described as patently UN-American. The Media? "Enemies of the People." That's reality. signed: a NOT PROUD 35 year Republican.
agrandizing? so what.... if this is the side effect of MAGA, so be it... can't argue with success.... unemployment keep dropping, wages are rising, markets up 50% from election... all this while facing the harassment from the political enemies. are you not better off with Trump in office? then the question is why.... have been short of flat on the sidelines?
1) you mean deficit > GDP growth... this is expected... something like a tax cut has a lagging effect... i.e. you lose the tax intake immediately, while the American competitiveness is improved and the benefit will come later. 2) on paper yes the Fed is independent.... but the Fed is human too.. hasn't Powell turned visibly dovish? dollar sky-rocket? the other way to look at it is the devaluation of other currencies.... so yeah the cost of goods and services will be higher, but only when they are denominated in other currencies! which means other countries will suffer more..... as a matter of fact we have already witnessed this on the 2008 crisis... the US recovered faster than the rest of the world.... yeah sucks for the other countries... hey but that's what the reserve currency status is all about... and as an American that's fine with me!
LOL, of course not - but the *effect* of unintended consequences is quite real. The case of Seattle provides a great example for a counter argument to Stockholio/ Pettis. (Or at the very least a tale of caution). Seattle was the first major city to pass minimum wage legislation four years ago. The results are mixed at best for proponents. Long entrenched major Seattle employers mostly failed to follow through on their threats to leave Seattle. But while wages increased - hours went down to the point that net payroll actually declined. More disturbing was the trend of emergent job creation. The State of Washington far outpaced Seattle in terms of new job creation the past four years.
darn even Bernie Sanders had to cut his staff hours to pay up the $15/hour... the endless hypocricy of the socialists..