Trump will bring about a new era of prosperity

GreatApe

A_Medium_Size_Jock wrote: »

A $1.6 billion U.S.A. factory will open to manufacture cars in 2021 employing around 4000 people, to produce up to 300,000 vehicles per year.
In a joint venture between Toyota and Mazda.
http://uk.reuters.com/article/uk-toyota-mazda-idUKKBN1AK0QN?il=0

That is not much for an economy the size of the USA which is a $50 billion per day economy so that investment is less than 1 hours output for the USA

In fact no individual investment even of the largest kinds (nuclear plants come to mind) is significant for the USA economy so you would need to look at whole sectors or even the entire economy. Look at what real GDP is doing no need to point to individual projects

economic

GreatApe wrote: »

Americans have always had good jobs and incomes, they were never lost to 'get them back'. The language itself is stupid it suggests the jobs 'moved' somewhere else when in fact they did not. Some jobs disappeared due to the changing economics and technology which made america richer not poorer.



You are stupid if you think 46% of the American population that voted for trump are all on !!!! pay and have !!!! lives that need improving and that is why they voted for trump.

A lot of the votes for trump were votes for the republicans, just like in this last GE I voted not for May she was !!!! but I voted against corbyn and partly for the Tories.


The reality you ignore is that both in the UK and USA lives are good very good and that most of the problems that do exist in society are not lack of opportunity but down to personal problems like additions to gambling or alcohol or !!!! relationships/divorce. Trump is a big old fat man with nothing to offer he has some 3.5 years left come back then and tell us what has changed.

and most of the problems come down to genetics (probably 90%) and upbringing (10%). your life is pretty much determind by genetics. just take a look at the google memo - its completely correct.

Ballard

As far as I'm aware no one from the Trump administration has resigned or been sacked for a couple of days. Things are looking up.

Thrugelmir

Ballard wrote: »

As far as I'm aware no one from the Trump administration has resigned or been sacked for a couple of days. Things are looking up.

Little different to the state of the Labour party under Corbyn.

Thrugelmir

ilovehouses wrote: »

Most people wouldn't have been able to see the see the parallels between the chaos of the Trump presidency and Corbyn, a man who came second in the GE and 99.5% of the world's population haven't even heard of.

Thanks for putting it into context.

I suspect many people in the world take little notice of what Trump is doing or saying in any event. Too busy with their own affairs. As Obama found. The lobby groups in the US influence and dictate policy decisions. Money rules.

Ballard

Thrugelmir wrote: »

I suspect many people in the world take little notice of what Trump is doing or saying in any event. Too busy with their own affairs. As Obama found. The lobby groups in the US influence and dictate policy decisions. Money rules.

Anyone interested in the environment would pay attention to the fact that he's signalled that the US will leave the Paris Agreement. Similarly, countries anywhere near the Korean Peninsula will have more than a passing interest in his actions.

Thrugelmir

ilovehouses wrote: »

I suspect most people in the world have at least heard of Donald Trump.

Drawing parallels with Corbyn is to look down the wrong end of a pair of binoculars.

My comparison was purely in terms of how they run their respective administrations. Not how they are viewed on the global stage. My point regarding Trump was one of disinterest.

Conrad

Business live
US GDP beats forecasts with 3% growth, as markets recover from Korea shock - as it happened



https://www.theguardian.com/business/live/2017/aug/30/markets-recover-after-korea-shock-and-ahead-of-us-gdp-business-live




I can well envisage 4% ++ growth under Trump.


He may be a sensitive sexist odd-ball, but make no mistake he will a second term if peoples pockets bulge with cash

DiggerUK

DiggerUK wrote: »

Trumps fiscal plans will sugar rush the economy. Making the fabulously wealthy, absolutely fabulous wealthy people.

Allowing US companies to repatriate profits held abroad, at a proposed 10% tax, plus a reduction in corporate taxes from 35% to 15%, will lead to a very happy middle class, as their pension plans get a rocket. All personal tax bands are promised a cut to boot.

Big savings (to big government) will be achieved by slashing green subsidies. A goodly war chest to pay for projects to buy blue collar votes for a second term........

The US can't outdo the rest of the world on cost, also they have smashed most of their industrial capacity. Going isolationist is not a viable option. Any talk of Trump teaching China a lesson, and bringing them to heel, reminds me of the successful campaign Custer waged against those pesky injuns..._

Edit 07-08-2017, well it seems that Trump is having trouble with his sugar rushing. Lots of problems getting his promises fulfilled. Even his green cuts don't amount to a lot of money to dish out.....what next for la la land..._

2nd Edit ok, now they will have corporate tax at 21%, which will benefit big business, but not small business, who have had their tax rate go up from 15%.
Personal tax rates are a mixed blessing, low paid will be happy getting reductions between 3 and 10%. Highest earners get 2.6% reduction.
‘Squeezed middle class’ don’t get much, between 0 and 4%. But there is a good chance that their savings will get a boost because of the sugar rush to corporate profits.

Like it or lump it, love him or hate him, he is still on track to win a second term..._

I’ve amended my earlier post. All he needs to do is make people feel better off.......if he succeeds in allowing overseas corporate profits repatriated I’d advise you all to start placing bets on a second term..._

economic

Conrad wrote: »

Business live
US GDP beats forecasts with 3% growth, as markets recover from Korea shock - as it happened



https://www.theguardian.com/business/live/2017/aug/30/markets-recover-after-korea-shock-and-ahead-of-us-gdp-business-live




I can well envisage 4% ++ growth under Trump.


He may be a sensitive sexist odd-ball, but make no mistake he will a second term if peoples pockets bulge with cash

The tax cuts will make America great again. Thats why i am so heavily invested in US stocks. IMO they are still inexpensive.