Yes, and about two years if the wall is build. Or not clear about four years if he get 70, 80 or 90 of percentage???
I will surely be better off...You, in the US most likely will not be...My future here is so much better...
Do you really feel trump will get close to obama's market performance? What do you feel the Dow will be in 4 years?
Who knows? With 20 trillion in debt at the end of the year it may depend on how long it takes the dollar to become worthless. We may be in another great depression or the good times may continue to roll. One of these days, all that borrowing to live well off the hog today will come back to haunt.
You and I must be Boomers of about the same age. I can easily remember a minimum wage of $1.25/hour in 1965, and you're right. You didn't live particularly well, but you could pay for necessaries. But remember, too, that every time the minimum wage went up, within six months, all prices had gone up to absorb it. If you were a "worker bee" you always had your ass hanging out. The worst was when we had skyrocketing inflation and "Stagflation"! Remember what a joy that was?! Supposedly Nixon made it so that all wages and prices were supposed to be locked in place -- but what happened? There was one exemption after another made for price increases, but nearly all wages were, indeed, kept tightly and flatly controlled. I remember that well, and it wasn't until we finally got rid of Nixon, Ford, and Carter that things finally improved exponentially under President Reagan. If you had anything on the ball at all, and any energy and ambition, you made very, very good money during the 1980's. Something similar is what we need now, but it's tricky. It wasn't until AFTER the fall of the Soviet Union that we saw huge, widespread off-shoring of American corporations to foreign countries, where they could enjoy much lower taxes and labor costs. It was safe, because the big, bad Soviet "threat" was gone, and China was willing to do whatever we wanted -- and CHEAP. Truthfully, now, I don't know if we can do a repeat of the 1980's because the world is very much different now, and in many ways, it is much worse for American workers -- no matter who is in the White House, no matter who is in Congress. Example: Right now the world employs Phong Bong Dong in Vietnam to sew shirts. What're we going to do? Get Dexter Brown in Cleveland to sew the shirts instead? In the first place, there's no place to sew the damn shirts here anymore, and Dexter wouldn't know how to run the machinery even if it were here! Some of the "bring jobs home" mantra can work, but there's a hell of a lot of it that will only lead to financial madness, much higher inflation, and probably very constrained supply of a lot of things until domestic supply lines could be established and running smoothly. Think you're going to need a part for anything made overseas? Don't wait -- go get it SOON! Odds are that all of those parts are currently made off-shore, too, and it will take at least two years before they can be made here in the States. Plus, once things are being made here in the States, they ARE going to cost more than before! Anybody doubt it? Build your own computer from scratch sometime and see how many of the parts in it were produced in the United States....
Exactly right. People who are waiting for the Republicans or Democrats to make their lives better are losers.
Automation will save us. You won't need Phong or Dexter, x945J will sew shirts 24/7 for a capital outlay of around a grand given how rapidly the cost of all electronics is plummeting Also remember that Trump cannot just forbid trade. He can only put on tariffs and even these need Congressional approval
LOL. "Obama's" market performance! The market did what it did due to the prime rate being at zero for so long and there was nowhere left to invest! It should be where it would naturally be without the fake actions of the fed. Funny how they raised the rate when Obama only has a month left.
The market is in a huge bubble based largely on zero interest rates and partly on money printing. The talking heads in the media are now talking about it, and are talking about people jumping in under the "fear of missing out" mentality - "fomo" is typically the sign for the smart money to do the opposite because the trend is about to end. In other words, the bubble is going to burst. And no matter what Trump does, he won't be able to fill that bubble with value, so the pop is going to really hurt. Another gift from obama, Greenspan, and all the financial geniuses in government that have failed the nation so often.
You feel all will be better off under trump, right? So will the equity market help or hurt wealth generation? - - - Updated - - - So you feel we should all short the equity market now? - - - Updated - - - So you feel we should all short the equity market now?
You are so right, and I'm surprised that I hadn't remembered that, yes, many jobs are going to be done by robots and the computer programs that control them. But, speaking of "human-oriented" jobs, I think I did pinpoint the situation that really exists, beyond politics, per se. The thread asks, "Are you going to be better off four years from now?", and for me, the answer is yes, but I'm glad that I have recently fully retired and don't have to go slug it out in the corporate "gladiator ring" any more. I did fine while I was in there, but it sure doesn't break my heart to be GONE.... ."Don't be so pissy about it, Maximus... your job ain't going to Mexico -- it's going to a ROBOT!"
I'm a Millenial, and I do have interest in doing those things. Then again, I'm old school in that I see it as the hallmark of being an adult. Hasn't been too easy. I hate to make excuses, but when you're partially deaf and you have CP, the last thing I should do is be behind a wheel. Despite my high IQ. Which is why I'm trying this run at office thing. Should I succeed there, I'll be able to hopefully get that thing called a chauffuer, and that'll solve my problems. Between that and even having enough to afford gas consistently lol. But yeah, I hate the idea of depending on anyone. Hopefully this year's different.
I'd say it's the time to buy non-hybrid seeds, gold, guns, bibles, freeze dried food and set up a barter network.
I answered no, but really I was answering if the country would be better off in 4 years... Now what you mean by "better off" is very open to interpretation.. Financially, if Trump and republicans actually get rid of the inheritance tax, then I may be significantly better off, even if the market crashes... So I guess, I personally could be better off.
I admire your attitude, your courage, and your determination to succeed in spite of the things that afflict you. Without patronizing you, I'll tell you that I worked closely with several people in different careers who had cerebral palsy, and each of them was well above average in everything they did. One in particular is (still working) now within a year of achieving a Master's Degree in Physics from a real university -- and -- he's expert at building computers and servers from scratch, as well as diagnosing and fixing rather complex system problems. There is absolutely no (NO) limitation on his mind, only on the movement of his body. And I can tell you that as we age, it is inevitable that our bodies, however well-maintained, will begin to deteriorate functionally anyway.... Whatever your chosen field may be, and it is almost certain to change in this rapidly-changing world, I would give you a few suggestions that may prove to serve you well: 1. If you live anywhere in the Western Hemisphere, learn to read Spanish and be able to speak it with passable fluency. 2. Organize your thoughts carefully in any language -- especially English, and be able to speak and write accurately and distinctively. It will always set you apart from the "herd", making people regard you more appreciatively and respectfully. Golden rule: Language is thought! 3. Best advice I ever received with I was a mid-twenty-something: Work hard, be patient, and put up with the bull (*)(*)(*)(*). All the very best to you. Always be prepared and ready when your adversaries make mistakes. They will, and when they do, strike appropriately, and decisively. In business or any other pursuit, take as much "ground" as possible and surrender nothing without a quid-pro-quo negotiated settlement that is beneficial to YOU. Good luck!
Fortunately I am now, but as per coverage I hope that the needs of other folks like me will be addressed within this four year tenure. invigorate again the coal and steel industry and bring home the job.
It is my prediction that Trump will relieve some of the economic malaise that has gripped America since Reagan. It seems he is doing that by creating an America that profits from product, not just interest on paper and paper speculation. As President elect, he has forced moderation in the money grubbing maneuvers of Boeing and Lockheed. And seems to be setting the stage for "costs", to those who would save overhead by moving jobs out of the country. Free Trade is a joke on us that profits a few international capitalists with no national loyalty, although it does make big flat screen TV's within reach of the Welfare people. Jimmy Carter notied that working people today live like welfare people when he was president. I mean why work when for a little less, one can be on welfare. Work should have benefits beyond the living standards of welfare people, such as home ownership. This came about via RepubloCratic programs that rob the working people to supplement the welfare people ala ObamaCare because we certainly don't wanna tax those who should be taxed. My hope is Trump levels the playing field to encourage private home ownership, a foundation of American stability. Renters with no investment in a property do become, if not already porcine in nature. Moi I will be 4 years older too. The demons of ADHD come back in older age. r > g View attachment 47119 Defend the Alcan Highway "we" built Across an immense, unguarded, ethereal border, Canadians, cool and unsympathetic, regard our America with envious eyes and slowly and surely draw their plans against us.
I've shifted my business since the ACA and Dodd/Frank and have survived. If under the Trump admin the policy changes about the ACA, Dodd/Frank and business-unfriendly regulations are eased, then the market in the USA will expand and I will once again invest in targeting the domestic market. To summarize; abolishing the ACA and Dodd/Frank as well as many EPA and DoL regualtions and tax relief will promote domestic growth and I will personally benefit from it, as will my employees.
A billionaire that wants to be great as well, is more likely to do good then a leftist that goes into government to become rich. Harry Reid, Clinton's, Finstine... In the coming era, the microscopes will be out and we will learn much.
