The Donald Trump Thread

[bigjon]

sethnintendo said:

bigjon said:

cracked down on illegal immigration, reduced regulations across the board for businesses are the 2 main things I am happy with. It is already showing results. GDP growth is doing very well. I guess I a magic wand did exist. 

 

Since the Johnson there has been a process of presidents doing things that are not in the best interest of the US. Trump is the first president since Kennedy that seems to weigh every decision with a lens of "what is best for the US". This is also why the republicans and the democrats hate him, they all make decisions with a priority of what is best for the entire world with and have made terrible decisions for the US over the past 50 years "for the betterment of mankind". 

GDP was going on same growth at end of Obama's turn.  He didn't inherit a turd and instead got a decent humming along economy to begin with.  Let's not pat ourselves on the back too much now.  Sure wall street is inflated more now because they are banking on the tax cuts but lets not kid ourselves.  There are some very well off companies making bank even without tax cuts.  Hell with all the loopholes there are even some companies that actually have a negative tax rate, but please let as close all deductions from individual tax payer while lower the corporate tax rate and still not closing the deduction and loopholes of business.  It's all for the middle class. 

possible. It is also possible that because of Bush/ Obama that Wall Street was depressed and we are seeing a market correction. 

The tax cuts are big IMO. You can see the effect that corporate tax rates have between the states(for instance South Carolina has laws that make them very enticing to companies and have landed scores corporate developments), the same applies between nations.