OFFICIAL: Donald Trump thread.

[Lords]

Regarding our economy it’s LONG TERM that judges success not short term. Policies that provide a short term boost for the sake of long term performance are not positive moves. Let’s see how things are one and two years from now. I hope they are good for all of our sakes. However I fear quite the opposite.

There's going to be a recession in the near future, we are currently in a growing bubble. History has shown us that tax cuts for the rich and massive deregulation will lead to a recession, boom bust cycle. These fanboys are celebrating about the short term economy, lets see what the future holds.

[siablo14]

Yeah, what kind of sane person would want a booming economy, plenty of available jobs, a stronger military and stronger borders.

Let’s join our hopes that socialism wins!

Bigger deficit too.
Remember the tax cuts would pay for themselves. Is that happening?

[siablo14]

https://www.nytimes.com/2018/07/13/b...s-profits.html

Paychecks Lag as Profits Soar, and Prices Erode Wage Gains

When posters posted job numbers under Obama, Trump supporters talked about wage growth. Wage growth is not what was promised. Is it fair to point this out and use it to say Trump isn't doing well?

His tax cuts would pay for themselves but it hasn't.

[Motorcity Cobra]

Trump: “What you’re seeing and what you’re reading is not what’s happening.”

Kellyanne Conway: The White House gives “alternative facts.”

Rudy Giuliani: “Truth isn’t truth.”pic.twitter.com/6IdN7EDMYb

— Keith Boykin (@keithboykin) August 19, 2018

[GrandmasterWang]

https://www.smh.com.au/world/north-a...17-p4zxze.html

This is a good article on Trump and the USA economy.

It's remarkably unbiased compared to the usual which you would see on FoxNews or CNN.

[Mooshashi]

Yes but nothing to do with Russians. I'd like to see him go after Ds and Rs life history. Fair is fair right?

You would require an entirely new branch of government with billions in funding to "go after" Congressmen/women. Personally I'm for smaller gov and letting the people decide who they want for representation. Anything short of murder, treason and bank robbery should be left alone. They already have a process in place to handle workplace abuse.

[HOUDINI563]

Historically there is no correlation between tax increases or decreases and revenue. Tax cuts have been followed by decreases in revenue. Tax increases have been followed by revenue increases...and so forth.

[siablo14]

https://www.smh.com.au/world/north-a...17-p4zxze.html

This is a good article on Trump and the USA economy.

It's remarkably unbiased compared to the usual which you would see on FoxNews or CNN.

Figures released this week by the US Bureau of Labour show real average weekly earnings slightly declined over the past 12 months despite low unemployment.

He said the price of petrol, which recently hit $US3 a gallon ($1.09 per litre) had shot up, cancelling out the benefit from tax cuts Congress passed late last year.

1bad65

[siablo14]

Figures released this week by the US Bureau of Labour show real average weekly earnings slightly declined over the past 12 months despite low unemployment.

He said the price of petrol, which recently hit $US3 a gallon ($1.09 per litre) had shot up, cancelling out the benefit from tax cuts Congress passed late last year.

1bad65

JimRaynor...

[siablo14]

https://www.smh.com.au/world/north-a...17-p4zxze.html

This is a good article on Trump and the USA economy.

It's remarkably unbiased compared to the usual which you would see on FoxNews or CNN.

Good drop, Big Wang.