These are issues Trump's followers do not want to know about

11.89% gain year to date. Sure beats the Obama years.

 

So, now it is easy to understand, that $20,000 is lost forever. Trump caused millions of Americans to lose millions of dollars ... forever.

Said person, all other factors being equal, would not have lost the $20,000 in the first place. So, now instead of getting back up $100,000, said person would have $120,000.

 

True, but that is hardly the point. The point is, on paper, it is better to have $200,000 in your savings than $180,000 because that is real money. Would you be happy if your next statement showed you lost $50,000 on paper? No? Now you get my point.

Trump caused millions of Americans to lose millions of dollars ... forever.

Said person, all other factors being equal, would not have lost the $20,000 in the first place. So, now instead of getting back up $100,000, said person would have $120,000.

Wouldn't 15% be better?

Quite true because Obama inherited the Great Recession, a global recession, from the previous Republican President. It was the worst economic crisis since the Great Depression of the '30's. Obama also inherited two of our longest wars from the previous Republican President, Iraq and Afghanistan.

Trump's fans have a tendency to forget those important facts.

 

You unrelentingly make stuff up. What, you think short term trading is the general rule? We don't fall for it. We also don't make excuses for those that don't win the lottery.

 

Better than the 4% under Obama.

 

Once again you say something you cannot support. "Forever" is short term? Wow! that is some logic. Here is the complete post.

The 20% lost is gone forever. You can't get back. Let me explain. It is simple math. Rather than use percentages, I will use actual numbers. It's simpler. Besides, it is real money. Percentages is not money.

Assume a person had $100,000 invested on May 4. On May 5, Trump makes his fateful announcement of a 25% tariff on Chinese goods and threatened to impose a 25% tariff on another $350B if China doesn't do what he tells them to do. Trump's threat to impose tariffs on our largest trading partner, Mexico, came on May 30, and made matters far worse. Talks between the U.S. and China are not scheduled.

Six weeks later that person had lost $20,000, or20%, and his savings is down to $80,000. Sometime in the future the person may get back to $100,000, but the $20,000 is lost forever.

Let's assume Trump didn't make that foolish decision and he didn't start a trade war. Said person, all other factors being equal, would not have lost the $20,000 in the first place. So, now instead of getting back up to $100,000, said person would have $120,000.

I didn't factor in the mathematical logic that 20% of 100,000 is greater than 20% of 80,000. Like I said, I wanted to keep it simple.

So, now it is easy to understand, that $20,000 is lost forever. Trump caused millions of Americans to lose millions of dollars ... forever.

Said person, all other factors being equal, would not have lost the $20,000 in the first place. So, now instead of getting back up $100,000, said person would have $120,000.

This is simple math, learned in the fourth grade. Did that confuse you? Explain how I "make stuff up."

You can't, right.

 

.....because figures don't lie but liars figure.

 

Trump broke it.


Feb. 9th 2018 - Trade and interest rates from tax cuts
March 23rd 2018 - Tariffs
Oct. 26th 2018 - More trade and interest rate fears
Dec. 21st 2018 - Trump owns shut down.
May 31st 2019 - Mexico tariffs.

 

PU241 is the secret to nuclear warhead miniaturization

Extremely expensive with a 14.3 year half life

 

Hardly, it stagnated for seven years. Bush already put the important measures into play prior to Obama getting there...

 

Pathetic. These two support Trump, but they have no idea why and they avoid as much reality as they can.

I feel sorry for them. I would hate to live like that.

 

Yep, the TDS sufferers think an over 11% return is bad.

 

I said that in post #38.

WASHINGTON — The deal to avert tariffs that President Trump announced with great fanfare on Friday night consists largely of actions that Mexico had already promised to take in prior discussions with the United States over the past several months, according to officials from both countries who are familiar with the negotiations.

Friday’s joint declaration says Mexico agreed to the “deployment of its National Guard throughout Mexico, giving priority to its southern border.” But the Mexican government had already pledged to do that in March during secret talks in Miami between Kirstjen Nielsen, then the secretary of homeland security, and Olga Sanchez, the Mexican secretary of the interior, the officials said.

The centerpiece of Mr. Trump’s deal was an expansion of a program to allow asylum-seekers to remain in Mexico while their legal cases proceed. But that arrangement was reached in December in a pair of painstakingly negotiated diplomatic notes that the two countries exchanged. Ms. Nielsen announced the Migrant Protection Protocols during a hearing of the House Judiciary Committee five days before Christmas.

https://www.nytimes.com/2019/06/08/us/politics/trump-mexico-deal-tariffs.html

So, all of this was just another bogus threat from Trump. This is typical Trump. First he creates a controversy out of thin air. Then later he backs down from his threats and claims he solved the controversy he created. He does this because he is a pathological liar.

Americans can't trust a thing he says.

BTW, Mexico promised to send 6,000 troops to their southern border with Guatemala. I am not sure how much good that will do. That border is 600 miles long. In other words, each soldier will be responsible for ten miles of border. What does that tell you? It is a placebo from the Mexican government to pacify Trump. It sounds like they are doing a lot, when they are not doing a damn thing except change the training grounds for 6,000 troops ... if that is true.

But Trump is happy.

So, the only question now is, on what day of next week will he create another controversy and what will it be about?

 

I guess it is possible for someone to spend six months studying how a tax bill that was slapped together in a few days, received no congressional review whatsoever, was no subject to more than one perfunctory hearing, and passed in little more than two weeks.

This was peddled as the most sweeping “tax reform” since Ronald Reagan’s 1986 tax act. That took a year and a half of hearing, negotiations etc.

Mnuchin almost certainly went to McConnell with the list from his Wall Street friends, all ready to go. And they both knew that the only chance they had was to keep Trump out of it, as the buffoon would only step all over it and screw it up the way he did both chances to repeal the ACA. They knew they had to act fast. Or else,Trump would have seen it on Fox News and tried to get in front of it before they could get the deal done.

 

He certainly hasnt done anything good for me. My taxes have gone up. The costs of goods has gone up. I spend far more money to maintain my lifestyle and save far less under this catastrophic presidency than at any time in my professional career.

Again, I am doing okay in SPITE of Trump. Not because of Trump.


But I know it doesnt bother you in the slightest that anyone not of your political persuasion is suffering. In fact, my guess is you take joy in it.

 

So just because YOU arent prospering under Trump, we should disregard the millions of other Americans who are doing better than they have in years? Surely youve heard about the booming economy or dont they cover that on MSM?

Define 'catastrophic president.'

 

Sandy, along with being flat out wrong, you have become obsessed. Trump caused nothing of the kind, and you wonder why you get limited responses to your ridiculous comments.
But hey, don't forget the great American Trump rally in Orlando just eight days from now. If you can't make it, don't fret, I will post the full deal for you.

 

I went to a great deal of trouble to substantiate what I said, and along comes a Trump fan who simply says it isn't true. He does explain himself. He doesn't substantiate what he said. He just says it, and he thinks we are supposed to believe him.

Well, I did say he was a Trump fan.

 

The Chamber of Commerce is a Republican fortress. It is a bastion of the GOP and all the GOP stands for.

Trump has managed to piss of the Chamber of Commerce.

President Donald Trump is right to pressure China to change its protectionist trade and business practices, but he should not be using tariffs do it, a top official at the world’s largest business lobbying group said Monday.

Myron Brilliant, head of international affairs at the U.S. Chamber of Commerce, also told CNBC’s “Squawk Box” that Trump should never have used the threat of tariffs to try to force Mexico to crack down on illegal immigration, especially with ratification of the new USMCA, the United States-Mexico-Canada Agreement, pending in Congress.

“The weaponization of tariffs — the increase of threats on our economy, on our farmers, our manufacturers, our consumers — is going to hurt our country. It also creates uncertainty with our trading partners,” said Brilliant, suggesting the Mexico situation might send the wrong message to China that the U.S., even if it makes a trade deal as in the case of the USMCA, may still come back later and hold tariffs over their heads. “The world is watching,” he added.

https://www.cnbc.com/2019/06/10/tru...ffs-going-to-hurt-us-chamber-of-commerce.html

What was Trump's reaction? He blasted the Chamber of Commerce, of course.

 

Prior to backing down on his bogus threat to our largest trading partner and friend, Mexico, Trump managed to anger Trump Republicans in the Senate, including Senate Majority Leader Mitch McConnell and several other GOP leaders.

He has managed to anger the Republican stronghold, the Chamber of Commerce. See post 144.

He has even managed to piss of the Koch brothers. That piece of brilliance took some effort.

Americans for Prosperity (AFP), the Koch brothers-backed political organization that has spent tens of millions of dollars supporting Republican candidates in the last several election cycles, says it is open to supporting candidates of any political party.

Since its founding in 2004, AFP has been known as one of the most influential conservative organizations in the U.S. During the 2018 midterm cycle, the group — and its super PAC, AFP Action — spent a combined $15.3 million on independent expenditures aiding Republican candidates. AFP also engages in other forms of advocacy, including significant local organizing and issue ads, which do not have to be disclosed to the FEC.

Over the last two decades, the Koch network’s major groups — AFP and Freedom Partners — have cumulatively spent about $120 million in independent expenditures supporting Republican candidates or opposing Democratic candidates, according to OpenSecrets data. They have not spent a single dollar supporting Democratic candidates during that time.

https://www.opensecrets.org/news/2019/06/koch-brothers-float-backing-democrats-in-2020/

I have known all along that Trump is stupid. I never dreamed he was so stupid as to provoke the GOP leadership, the Chamber of Commerce, and the Koch brothers with their huge financial support for the GOP.

 

A ‘boom’ financed by a huge blowout of the national debt. But not to worry, when the Democrats take over you can blame them for that.

 

Assume a person had $100,000 invested on May 4. On May 5, Trump makes his fateful announcement of a 25% tariff on Chinese goods and threatened to impose a 25% tariff on another $350B if China doesn't do what he tells them to do. Trump's threat to impose tariffs on our largest trading partner, Mexico, came on May 30, and made matters far worse. Talks between the U.S. and China are not scheduled.

Six weeks later that person had lost $20,000, or20%, and his savings is down to $80,000. Sometime in the future the person may get back to $100,000, but the $20,000 is lost forever.

Let's assume Trump didn't make that foolish decision and he didn't start a trade war. Said person, all other factors being equal, would not have lost the $20,000 in the first place. So, now instead of getting back up to $100,000, said person would have $120,000.

So, now it is easy to understand, that $20,000 is lost forever. Trump caused millions of Americans to lose millions of dollars ... forever.

Said person, all other factors being equal, would not have lost the $20,000 in the first place. So, now instead of getting back up $100,000, said person would have $120,000.

 

Meh, Barack blew out the natl debt too, but not by doing a thing for the American people. Maybe you should write your congressman... hes prob been there, spending like a drunken sailor, for 20+ yrs... but the natl debt is Trumps fault?

Selective outrage.

 

Apart from missing out on voting for Pete Buttigieg I have no regret I’m not an American citizen.
As to the US national accounts I suggest you go over the books again with a particular focus on the amount of US debt held by China.

 

You're good at playing what-if. Why not try to explain how you'll feel when Donald Trump is finally recognized as one of our greatest presidents because of all he accomplishes in the next 6 yrs?

It could happen, you know?