Trump will bring about a new era of prosperity

davomcdave

Conrad wrote: »

Reagan and Thatcher both upset the chatterati when they declared they could do business with Russia. Shortly after the Berlin wall came down.

They destroyed the Soviets before they did business with them.

You need to negotiate from a position of strength to win. America is a strong country, Britain is not. Trump may well carry off his plans, Britain has no plan and is weak.

HAMISH_MCTAVISH

Graham_Devon wrote: »

You are starting to sound like a champion for forms of socialism.

The Obama presidency has been remarkably successful at balancing economic prosperity with the needs of the poor and it's far from socialist - in fact US policy under Obama has largely been to the right of Conservative party policy here.

Lets examine the facts....

Under Obama:

- 78 consecutive months of economic growth (a record - better even than Reagan)

- 68 consecutive months of private sector job creation growth and falling unemployment - from 10.1% down to 4.9%

- For 95% of Americans federal income taxes are as low or lower than at any point in the last 50 years.

- Obama presided over the lowest rate of increase in government spending since Eisenhower. Just 3% per year versus 8% per year for both Bush and Reagan.

Oh.... And Obamacare put 20 million people under healthcare insurance - but that's still nowhere near 'socialist' healthcare like we have in the UK with the NHS.

It's not 'socialist' to point out that the Obama presidency was economically and socially mostly to the right of the Tory party in the UK - and that Trump going even further to the extreme right will likely be very bad for most of the ordinary people who voted him into office - but very good for his Billionaire cabinet.

Graham_Devon

HAMISH_MCTAVISH wrote: »

The Obama presidency has been remarkably successful at balancing economic prosperity with the needs of the poor and it's far from socialist - in fact US policy under Obama has largely been to the right of Conservative party policy here.

Lets examine the facts....

Well on the first two it's much easier to see continued increases in growth when you are in a recovery period. Not taking anything away from Obama, but starting from a very low point and taking office right at the start of a growth period gives you an advantage.

Obamacare has it's problems, and I'm not sure you have been a vocal supporter in the past? Great idea, but in practice is riddled with issues. As for the tax thing, federal taxes alone are great, but like with everything, a bigger picture is required.

But none of that actually relates to the point I was making anyway. Your newly found compassion for the poorer in society is fantastic, something we can share. But I find it odd that you have only just had an epiphany on this.

Would be interesting to hear your thoughts on the suffering of the poorer people in Greece now you've turned on the head of a pin

wotsthat

Someone, who thinks Brexit will be a roaring success, also believes Trump will be good for certain US stocks and will be rebalancing his investments to prosper.

Yet, here we are, none the wiser about what these stocks are so we can track this theory over time and Greece, somehow, has just got a mention.

Very disappointing.

davomcdave

wotsthat wrote: »

Someone, who thinks Brexit will be a roaring success, also believes Trump will be good for certain US stocks and will be rebalancing his investments to prosper.

Yet, here we are, none the wiser about what these stocks are so we can track this theory over time and Greece, somehow, has just got a mention.

Very disappointing.

Post truth posting innit.

Conrad

wotsthat wrote: »

Someone, who thinks Brexit will be a roaring success, also believes Trump will be good for certain US stocks and will be rebalancing his investments to prosper.

Yet, here we are, none the wiser about what these stocks are so we can track this theory over time and Greece, somehow, has just got a mention.

Very disappointing.

I don't wish to know which stocks my ISA provider invests in, they do the hard work for me, all I do is pick geographic / sector arenas, why is this so difficult to understand?


I could look up which stocks they invest in, but I have no inclination to so do. I use Axa - Framlington fund managers and a bit of New Star and Henderson. So far we've been satisfied with long term performance.


I'm confident the US has terrific near and medium term prospects now the right person is at the helm.

wotsthat

Conrad wrote: »

I don't know which stocks my ISA provider invest in, they do the hard work for me, all I do is pick geographic / sector arenas, why is this so difficult to understand?

I could look up which stocks they invest in, but I have no inclination to so do. I use Axa - Framlington fund managers. So far we've been satisfied with long term performance.

I simply asked for clarification as I'd be interested in tracking this as I've done almost the opposite.

If you don't want to be specific about how you're going to prosper on Trump's new era of prosperity, whether it's just new money or a selling of UK sectors to move overseas fair enough.

Conrad

HAMISH_MCTAVISH wrote: »

Lets examine the facts....

Under Obama:

- 78 consecutive months of economic growth (a record - better even than Reagan)

Trump is the change candidate. When the plane is headed into the mountain, you'd better change course. Hillary was more of the same - non jobs, importing, loss of dignity, vast $20 trillion debt and the American dream crushed out of sight. 'Liberals' are focused on moral grandstanding and lecturing the world instead of the nitty gritty of proper wealth creation from the bottom up.


50% of Americans earn less than in 1999. I think you're stuck in the 'liberal' echo chamber where things look spiffing.


Already we're seeing car makers respond to Trump and keeping jobs / bringing back jobs. Enough of 'liberal' ineptitude and hand wringing, Trump is a results man.


I've noticed 'liberals' asserting there is nothing Trump can do, he will fail, jobs can never be bought back. The same council of despair mindless attitude found in Remaoners that think things are set in stone and must be accepted.

kabayiri

wotsthat wrote: »

Someone, who thinks Brexit will be a roaring success, also believes Trump will be good for certain US stocks and will be rebalancing his investments to prosper.

Yet, here we are, none the wiser about what these stocks are so we can track this theory over time and Greece, somehow, has just got a mention.

Very disappointing.

It's not hard to work out that big American corps will be given a shot of adrenalin when Trump allows them a one time sweetheart deal to repatriate cash back to the USA.

Trump wants to start a national building program, on things like highways. He will need hundreds of billions. Right now, companies like Apple have billions locked away offshore.

The question is, would this produce a temporary or sustained boost to the share prices?

Nobody has yet quite worked out where Obama's trillion dollar nuclear upgrade program gets its finances from, so it's not just Trump who is flying by the seat of his pants.

Conrad

kabayiri wrote: »

The question is, would this produce a temporary or sustained boost to the share prices?

Income will flow into these corporations, and as an investor I benefit from re-invested income regardless of share price growth.


China and other places look risky to me, the action is going to be the US and UK leading a new era of enterprise, beacons of confidence. The lumbering EU will look very cumbersome in comparison to these 2 nimble autonomous nations