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The economic consequences of a Trump US Presidential Victory?

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  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    edited 10 November 2016 at 3:29PM
    I'm genuinely struggling to use the term liberal now, they're anything but. Part of being a liberal is striving for equality, believing in free speech which means you might be offended, safe spaces should be called dogma spaces, believing in the free market which clearly they don't as egalitarianism is the order of business for the left. The equality of outcome rather than the equality of opportunity. That is discriminatory in itself.




    Liberals have succeeded in warping the meaning of fairness, bending it into an asymmetric privileging for self-framing, self absorbed snowflakes, those that tick the most diversity boxes.

    Great British qualities such as sense of fair play thus become a charter for cheats and spongers. For example housing queue jumpers, a very real issue


    Liberals pulled the race and bigoted xenophobic card so frequently that those terms have lost their heft, indeed their targets are now wearing T-Shirts proclaiming the wearer as a 'PROUD DEPLORABLE'
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    ‘Ignored’ voter to become ‘absolutely shafted’ voter
    A TRUMP supporter has voted to make the government stop ignoring him and completely screw him over instead.

    Sawmill worker Tom Logan felt left behind by mainstream politics and finds Lady Gaga annoying, so voted for a billionaire whose main interests are money, ‘!!!!!’ and himself.

    Logan said: “Trump’s going to create well-paid blue collar jobs that are full of dignity and pleasingly masculine. I can’t wait to be a hunky steel worker taking home $150,000 a year.

    http://www.thedailymash.co.uk/news/international/left-behind-voter-becomes-totally-shafted-voter-20161110116914
    :D
    Don't blame me, I voted Remain.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Interesting 2012 tweets from Trump after Romney won the popular vote but Obama was elected

    TrumpEC2012.jpg
    If I don't reply to your post,
    you're probably on my ignore list.
  • antrobus
    antrobus Posts: 17,386 Forumite
    Rinoa wrote: »
    Interesting 2012 tweets from Trump after Romney won the popular vote but Obama was elected..


    The NYT claims that Obama won the popular vote by 62.6m to 59.1m in 2012.



    http://elections.nytimes.com/2012/results/president
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kabayiri wrote: »
    It was the Americans after all who first pioneered the use of voter targetting, using databases and data mining.

    Like Brexit what no one foresaw was the high turn out. For once there was a non trained political lawyer running for the White House. Trump resonated with the blue collar vote. Ordinary people who haven't enjoyed age rises, holidays all around the world. Seems as if there's a class war brewing. With inequality at all time heights. Not just the the money either. It's the culture of I'm alright Jack. At the expense of others.
  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    antrobus wrote: »
    The NYT claims that Obama won the popular vote by 62.6m to 59.1m in 2012.



    http://elections.nytimes.com/2012/results/president

    Whereas this time it was Trump 59.8, Clinton 60.1 (no doubt from a larger potential electorate) suggesting it wasn't that Trump brought out extra voters but that Hilary under-polled. Would need to look at the swing stats to be sure.

    Clinton was within 1.5% in FLA and PA which would have swung it her way. Again where the polling is out parties pick the wrong priorities in campaigning.

    I wonder if Team Trump used the same social media data mining as Camp Brexit which allowed a focussed effort at exactly the right voters? In theory Hilary should have had much the stronger on the ground get the vote out operation but perhaps that is what you needed to win a pre big data election and now as in much else it is command of the data not boots on the ground that matters.

    As an anecdote I thought it was a bit wierd Trump was in a baseball cap all the time for his final pre-election media appearances even though it often resulted in his face being shadowed and looking a bit creepy...but of course the baseball cap was a key message to the core swing voter group. I suspect we won't see nearly so many caps now the election is over.
    I think....
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Trumpeter wrote: »
    I'm sure that Mr Trump's supporters would have just shrugged their shoulders & got on with things had he lost (or perhaps had the election stolen from him by the corrupt system led by crooked Hillary & the lying media, depending on your point of view of course)

    Honestly, I don't think so. The two sides are so far apart, that one group was going to be pd off all along. Especially given how close it was. I am in the USA at the moment. People are not bringing the subject up and talking to each other, it's very strange.

    In answer to Michaels question re policies...

    Simplifying income tax bands to 3, lowest 12%, highest iirc 33%. Likely to favour wealthier, poorer could in some instances pa more.

    More help for families, but this may not run to single parents, jury is out on that.

    Increase in deficit to pay for infrastructure investment.

    Bond market here is lively, stock markets reaching new highs.

    Doing away with Obamacare will favour drugs companies.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • padington
    padington Posts: 3,121 Forumite
    edited 10 November 2016 at 11:05PM
    The exciting potential for the UK is London becomes free market captial of the world ...

    http://www.telegraph.co.uk/property/news/donald-trump-victory-drives-us-buyers-to-top-london-property/
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    vivatifosi wrote: »
    Honestly, I don't think so. The two sides are so far apart, that one group was going to be pd off all along. Especially given how close it was. I am in the USA at the moment. People are not bringing the subject up and talking to each other, it's very strange.

    In answer to Michaels question re policies...

    Simplifying income tax bands to 3, lowest 12%, highest iirc 33%. Likely to favour wealthier, poorer could in some instances pa more.

    More help for families, but this may not run to single parents, jury is out on that.

    Increase in deficit to pay for infrastructure investment.

    Bond market here is lively, stock markets reaching new highs.

    Doing away with Obamacare will favour drugs companies.
    As I understand it US income tax is so much about allowances/deductibles that they had to bring in an alternative minimum rate to prevent people paying nothing. Does the proposed reform include removing all those loopholes in exchange for lower rates? I bet those parental tax breaks won't apply to cohabiting parents....

    Didn't Reagan and Thatcher both start with big tax rate cuts especially at the top?
    I think....
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    edited 11 November 2016 at 12:22AM
    The other thing I should have mentioned is that GM has announced layoffs, bad news for the Rustbelt. I'd imagine that they would have been planned for a while though.

    Oh, and control of the judiciary will get a lot more conservative. Due to the ages of the judges this is a pivotal time so could agenda set for a couple of decades.

    That's what I've picked up from the news today anyhow.

    I don't understand how giving a bunch of NY/NJ politicians such as Giuliano and Christie is going to help the hurting middle.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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