The US Politics |OT|

[Machiavellian]

jason1637 said:

Machiavellian said:

Leaders come and go but policy can last longer.  Some policy are much harder to get rid of or move out of the way.  Since we can still have 4 more years of Trump, his stamp of incompetence can be longer.  The basic issue is that we still have him making policy not knowing how the system works and basically throwing crap at the wall to see what sticks.

As for wages, well if things are changing at the middle end I am not seeing it.  I believe this is happening on the lower end with lower paying jobs and its more a state thing then anything to do with Trump.

GDP doesn't have to boom in order for a recession to happen.  It happens when things burn to bright and institutions cannot support the economy.  Anyway we will see if that occurs since they have talked about it happening for a year or so.

The only negative policy Trump has done on the international stage I can think of was leaving the paris climate agreement but most countries that signed on were not actually following through on what they agreed on.

I feel like he probably contributed because under Obama they never grew this fast and started to grow midway through Trumps term.

I brought up GDP because I remember reading something a few months ago that usually for some recessions the GDP reaches a certain mark or something.

Well you could say that wages are better because of this little nugget.  

https://www.nbcnews.com/business/taxes/twice-many-companies-paying-zero-taxes-under-trump-tax-plan-n993046

Or it could be this nugget as well.  

https://www.hrdive.com/news/mercer-wage-increases-projected-to-remain-flat-in-2019/530416/

This is more where I am at as pay increase has not spiked at all.  Actually when I started working at the Job I am at, 5% pay increase per year was the bottom you could get.  After there recessions it when down to nothing, during Obama term it gain back to 5% but that ended up being the max and now under Trump nothing has changed.  If anything you see more 1.5 to 2% then 5%.

I believe the key thing is that on the very top end, the savings companies are getting are going to the Top execs and very much not trickling down to lower teir employees.

As far as wages, States have increase the minimum wage which is affecting those stats

As for international relations, We have some more great Tariffs coming from Trump administration which seems to still only punish American business and gain nothing.