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Donald Trump Presidency discussion thread III
Comments
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The bill was passed by a bi-partisan majority 386 to 14 including democrat support.
This is the THIRD time Ive posted that information.
I dont see how constantly asking the question 'What happened to the bill ' for a bill that has been passed thru the House is in any way conducive to a discussion.
We are asking what the bills actually means. Not what happened the the path of the bill, but what that means.
You seem very excited that it was passed, but since you have failed to state anything that it practically means, one can only assume that you see the fact of a bill passing as a success, what the bill actually does is not the point.0 -
@Rigolo, Trumpists in general
Its all well and good for the US at the moment, given USD is, in essence the main global reserve currency. This allows them to service their debt relatively cheaply as there is significant demand for US bonds, etc...
If things carry on as they are, and US debt continues to spiral & spiral out of control (as basically every economist seems to be predicting. Other users here have thrown out some numbers already), eventually there is a strong possibility that we will reach a tipping point whereby people will say...do we need an alternative reserve currency?(be that EUR, CNY, etc...) If the global economy suddenly starts to pump their safety net cash into other currencies, the Fed will have to increase the yield they offer on their treasuries which will just increase their debt even more significantly.
With Trillions of national debt already, if you suddenly have to offer just an extra 50bps a year in order to generate enough interest to raise the cash required to service that debt, its just a matter of time before the whole great American Ponzi scheme collapses in on itself.
But hey, there's too much winning to be done toda, to worry about the collapse of tomorrow and King Donald will likely be long gone, with his families coffers lined for life by then, so who cares, right???
Also, how is a strong dollar going to help the economy keep growing. All its doing is making US exports even more expensive. Trump has said it multiple times over his presidency that he wanted to keep the dollar weak.0 -
Thats a very selective synopsis of the way things actually work. Your ignoring the many other side of the coin.spacecoyote wrote: »@Rigolo, Trumpists in general
Its all well and good for the US at the moment, given USD is, in essence the main global reserve currency. This allows them to service their debt relatively cheaply as there is significant demand for US bonds, etc...
If things carry on as they are, and US debt continues to spiral & spiral out of control (as basically every economist seems to be predicting. Other users here have thrown out some numbers already), eventually there is a strong possibility that we will reach a tipping point whereby people will say...do we need an alternative reserve currency?(be that EUR, CNY, etc...) If the global economy suddenly starts to pump their safety net cash into other currencies, the Fed will have to increase the yield they offer on their treasuries which will just increase their debt even more significantly.
With Trillions of national debt already, if you suddenly have to offer just an extra 50bps a year in order to generate enough interest to raise the cash required to service that debt, its just a matter of time before the whole great American Ponzi scheme collapses in on itself.
But hey, there's too much winning to be done toda, to worry about the collapse of tomorrow and King Donald will likely be long gone, with his families coffers lined for life by then, so who cares, right???
Also, how is a strong dollar going to help the economy keep growing. All its doing is making US exports even more expensive. Trump has said it multiple times over his presidency that he wanted to keep the dollar weak.
Among other things its dollar denominated debt that most other countries are paying off or dealing in, whether its commodities, treasuries, oil to name but a few but they have to use local currency to fund this. The dollar strengthening is as much a problem for other countries as it is for the US itself. Id argue its actually more of a problem for other nations than it is for the US, and you just have to look at interest rate rises the central banks of many developing nations have had to make , much of it due to US dollar strength.
It may come down to who breaks first.0 -
The Shanghai Composite index has hit a 2 year low, and the bears are retreating into the cave.
First blood to Trump in the trade rebalacing, it may be a mortal blow.
Anyone here care to discuss the Shanghai index and the impact Trump is having on it ?0 -
The bill was passed by a bi-partisan majority 386 to 14 including democrat support.
This is the THIRD time Ive posted that information.
I dont see how constantly asking the question 'What happened to the bill ' for a bill that has been passed thru the House is in any way conducive to a discussion.
No the 2009 Shumer bill ... from your youtube link0 -
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Well I am also interested in the opiod one. What exactly it contained and why Republicans blocked a more advanced one with serious funding.The bill was passed by a bi-partisan majority 386 to 14 including democrat support.
This is the THIRD time Ive posted that information.
I dont see how constantly asking the question 'What happened to the bill ' for a bill that has been passed thru the House is in any way conducive to a discussion.
No the 2009 Shumer bill ... from your youtube link
As for the index. The Shanghai index is certainly struggling. It has not really been fully healthy since the crash in 2015.
Certainly it has been hit badly by the trade war. As predicted by just about everyone. However it has yet to be explained as to how this benefits the US. Trade is not a 0 sum game.
Can you back up the assertion that US markets have made back their losses? The Dow is certainly down on the month. The Nasdaq is fine but it never really took a hit as it is more technology based which has not been hit by the trade war.0 -
The Shanghai Composite index has hit a 2 year low, and the bears are retreating into the cave.
First blood to Trump in the trade rebalacing, it may be a mortal blow.
Anyone here care to discuss the Shanghai index and the impact Trump is having on it ?
I think I get it now. When you talk about echo chambers etc what you actually mean is that people won't discuss what you want to discuss and this particular point in time.
Ok, it makes sense now how you think that the media is not covering Trump to your liking.0 -
I didnt link or refer to a Schumer bill, I posted a link to an immigration speech he gave at Chicago Law, I thought his language and terminiology was interesting.The bill was passed by a bi-partisan majority 386 to 14 including democrat support.
This is the THIRD time Ive posted that information.
I dont see how constantly asking the question 'What happened to the bill ' for a bill that has been passed thru the House is in any way conducive to a discussion.
No the 2009 Shumer bill ... from your youtube link
Feel free to start a discussion on Chuck Schumer and his 2009 reform efforts if you wish.0 -
Yes I was super excited it passed. One of the best days in his Presidency.The bill was passed by a bi-partisan majority 386 to 14 including democrat support.
This is the THIRD time Ive posted that information.
I dont see how constantly asking the question 'What happened to the bill ' for a bill that has been passed thru the House is in any way conducive to a discussion.
We are asking what the bills actually means. Not what happened the the path of the bill, but what that means.
You seem very excited that it was passed, but since you have failed to state anything that it practically means, one can only assume that you see the fact of a bill passing as a success, what the bill actually does is not the point.
Anyone who does anything to halt this epidemic is welcome .
And yes I see it as a success, getting bi-partisan support , and also i see it as a big marketing tool come November for the campaign trail.
Add the pressure of the bill plus the class action suits many states are taking (with the support of the US AG) against big pharma on this issue , its all moving in the right direction .
If HRC lost the election because of 79,000 votes (i believe to swing the electoral colleges she needed something of this order) then she lost those votes on this topic in my opinion. Trump hammered this message home on his campaign. It was item number 2 in his campaign. If you think he kept 60,000 people cheering in a stadium in rural states for 2 hours by just repeating the wall the wall, you were misled by your media outlet. He gave a significant proportion of his speeches over to fighting this plague, and that made a difference at the poll.
Im also a fan of the whitehouse.gov homepage and how the banner line has 'The Opioid Crisis' as one its items, shows how serious him and his administration take this issue.
Is the bill perfect , no , will it solve the crisis today, no. Im a realist .
If theres aspects of the bill you dont like , thats your prerogative, Im happy with it.0 -
Join Date:Posts: 34601
The Shanghai Composite index has hit a 2 year low, and the bears are retreating into the cave.
First blood to Trump in the trade rebalacing, it may be a mortal blow.
Anyone here care to discuss the Shanghai index and the impact Trump is having on it ?
Respectfully you refuse to engage in discussion with the 'on the ground' issues brought up, deferring to the global markets as if they are the supreme Source of Truth - contradicting the very subject of this thread; IE, the Trump Presidency (including upcoming Congressional and Senate midterms). Job losses are of pertinent and immediate value to Trump and his party.
Nor will you debate smaller items such as dismissing the current spats as a Trade War, despite the US President explicitly, and frequently referring to it as such. You want to post ina politics thread, yet refuse to engage in the political and diplomatic ramifications of Trump's moves and decisions.
Do you think the local GOP politicians in Kansas care about the Shanghai Composite index? I mean let's be honest, they'll blame the Democracts, somehow, but I'm quite confident global markets do not factor here. Not on the ground - where it counts.
I see this morning that Trump is now on another Twitter rampage, raging at Harley Davison for threatening to move. I'm sure he cares about the Shanghai Composite. Deeply.0 -
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The Dow too was on its biggest losing streak for 10 years up until Friday, I wonder why that was? It is due to suffer again today if the futures are any indication. Ultimately the US are in a stronger position than China in that not as many US companies are dependent on China as Chinese companies are on the US, mainly due to the fact to restrictions of entry (eg. Google) but Apple and GM have alot to lose in China and if they start to suffer then they will start to put serious pressure on Trump. GM sold 4 million cars in China last year, which is a huge percentage of their output.The Shanghai Composite index has hit a 2 year low, and the bears are retreating into the cave.
First blood to Trump in the trade rebalacing, it may be a mortal blow.
Anyone here care to discuss the Shanghai index and the impact Trump is having on it ?
There will be no winner in a trade war.
October is going to be a huge month when the US treasury goes to the markets to sell bonds, what if the largest purchaser of these decides not to buy, where does that leave the US treasury, they will have to raise the yields to sell.
As for commodities and oil, yes USD is the base currency but if this uncertainty continues it may well move away from the USD as it continues to get less and less relevant in the industry. Already Putin is establishing a RUB based pricing system for oil and if you remember it was actually Gadafi who before the invasion into Libya was leading the push for African countries to move away from the USD and establish their own base (most likely the Euro) before he was conviently overthrown0 -
If theres aspects of the bill you dont like , thats your prerogative, Im happy with it.
I have no idea whether the bill is good or not, and what parts are there to like or not. I posted a quote from a GOP member of the house saying something like it was far from ideal but better than nothing.
That doesn't sound like a major success, it sounds like something needed to be seen to be done so lets pass a bill and use that to make it look like we are winning.
What aspects of the bill, and remember you are the one claiming it is a success one of the best days of his presidency no less, do you particularly like?
Nobody, and I mean nobody, is arguing over the need to tackle the crisis. But is that what this bill actually does or does it, like so many other bills, simply move money around and change the name of a few policies?
You made the claim, one assumes based on a knowledge of the area and the bill itself, so it is up to you to back that up. If you make a claim why are you surprised that people ask you to back it up. I know Trump gets away with it, but this thread hasn't fallen to that level yet.0 -
I didnt link or refer to a Schumer bill, I posted a link to an immigration speech he gave at Chicago Law, I thought his language and terminiology was interesting.
Feel free to start a discussion on Chuck Schumer and his 2009 reform efforts if you wish.
Well you said a lot more then referring to language and terminologyIf perhaps the DNC had enacted some of their policys of one of their own senior leaders, one wonders would Trump have won in 2016.
What happened to the C.I.R bill ? Look it up and then tell me how the DNC could have enacted on this policy.0 -
Do Trump supporters realise that with the bills and tax cuts he has passed, he has set the National debt to increase by 20% by 2028. By that time, every 1 dollar in 5 that the federal reserve pays will be used to pay interest on this debt. This is going to have a huge impact on public spending. Are they this short sighted to see that Trump is ruining the future of their country for a short term gain?0
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Do Trump supporters realise that with the bills and tax cuts he has passed, he has set the National debt to increase by 20% by 2028. By that time, every 1 dollar in 5 that the federal reserve pays will be used to pay interest on this debt. This is going to have a huge impact on public spending. Are they this short sighted to see that Trump is ruining the future of their country for a short term gain?
Never mind the bare faced lie told by him at his ego boost meetings about how the tax cuts are gonna help the average joe and hurt him, yet he and his family stand to make millions as a result.
If he campaigned on that, and I voted for him and then found out the real effect of the Bill I would be apoplectic with rage.
The willingness of Trump supporters to not see what is in front of their faces, or to fact check his nonsense when there is clear and unequivocal evidence that he is a prolific liar, is truly incredible.0 -
Those are fair comments you have made.
The Dow too was on its biggest losing streak for 10 years up until Friday, I wonder why that was? It is due to suffer again today if the futures are any indication. Ultimately the US are in a stronger position than China in that not as many US companies are dependent on China as Chinese companies are on the US, mainly due to the fact to restrictions of entry (eg. Google) but Apple and GM have alot to lose in China and if they start to suffer then they will start to put serious pressure on Trump. GM sold 4 million cars in China last year, which is a huge percentage of their output.The Shanghai Composite index has hit a 2 year low, and the bears are retreating into the cave.
First blood to Trump in the trade rebalacing, it may be a mortal blow.
Anyone here care to discuss the Shanghai index and the impact Trump is having on it ?
There will be no winner in a trade war.
October is going to be a huge month when the US treasury goes to the markets to sell bonds, what if the largest purchaser of these decides not to buy, where does that leave the US treasury, they will have to raise the yields to sell.
As for commodities and oil, yes USD is the base currency but if this uncertainty continues it may well move away from the USD as it continues to get less and less relevant in the industry. Already Putin is establishing a RUB based pricing system for oil and if you remember it was actually Gadafi who before the invasion into Libya was leading the push for African countries to move away from the USD and establish their own base (most likely the Euro) before he was conviently overthrown
The US market retreat was mostly an ancilliary effect of Shanghai Composite collapse, there wasnt any fundamental issue with the US.
US domestic oil production is hitting record bpd the US has become less and less dependant on OPEC supply and is less and less at the whim of OPEC. If there is a trend away from US dominance of international trade then I dont see a problem here but if that day arrives I suspect the EU would prefer the $ than the RUB.
Are you sure you want to bring up Libya, and Ghaddafis overthrow. Under Obama and HRC Secretary of State and we all know how well that went.
(For the record before im accussed of bringing up Obama in the Trump discussion thread, Im merely responding to a post directed to me that brought up the previous administrations actions. )
Apple , given Tim cook has spent 3 years lambasting Trump, and Apple were a dominant corporation at keeping their earnings away from US taxman, it will be an interesting conversation if Tim cook has to ring Trump due to china embargos. Besides people on the left should be welcoming Apple cutting back on China labour force, wasnt it reknowned for poor working conditions.
Theres a very long game at play here. I dont see one win or loss as being decisive .
I think liberals and Democrats are too hung up on finding one battle to win that will win their war. (infectious militaria strikes again)0 -
WhatDo Trump supporters realise that with the bills and tax cuts he has passed, he has set the National debt to increase by 20% by 2028. By that time, every 1 dollar in 5 that the federal reserve pays will be used to pay interest on this debt. This is going to have a huge impact on public spending. Are they this short sighted to see that Trump is ruining the future of their country for a short term gain?
Given that growth is the opposite side of the coin to debt ,Do Trump supporters realise that with the bills and tax cuts he has passed, he has set the National debt to increase by 20% by 2028. By that time, every 1 dollar in 5 that the federal reserve pays will be used to pay interest on this debt. This is going to have a huge impact on public spending. Are they this short sighted to see that Trump is ruining the future of their country for a short term gain?
What GDP growth projections are you basing those numbers on ? 1,2,3, or 4%0 -
That is an impressive wall of text to have with no detail on the bill you love so much.
Yes I was super excited it passed. One of the best days in his Presidency.The bill was passed by a bi-partisan majority 386 to 14 including democrat support.
This is the THIRD time Ive posted that information.
I dont see how constantly asking the question 'What happened to the bill ' for a bill that has been passed thru the House is in any way conducive to a discussion.
We are asking what the bills actually means. Not what happened the the path of the bill, but what that means.
You seem very excited that it was passed, but since you have failed to state anything that it practically means, one can only assume that you see the fact of a bill passing as a success, what the bill actually does is not the point.
Anyone who does anything to halt this epidemic is welcome .
And yes I see it as a success, getting bi-partisan support , and also i see it as a big marketing tool come November for the campaign trail.
Add the pressure of the bill plus the class action suits many states are taking (with the support of the US AG) against big pharma on this issue , its all moving in the right direction .
If HRC lost the election because of 79,000 votes (i believe to swing the electoral colleges she needed something of this order) then she lost those votes on this topic in my opinion. Trump hammered this message home on his campaign. It was item number 2 in his campaign. If you think he kept 60,000 people cheering in a stadium in rural states for 2 hours by just repeating the wall the wall, you were misled by your media outlet. He gave a significant proportion of his speeches over to fighting this plague, and that made a difference at the poll.
Im also a fan of the whitehouse.gov homepage and how the banner line has 'The Opioid Crisis' as one its items, shows how serious him and his administration take this issue.
Is the bill perfect , no , will it solve the crisis today, no. Im a realist .
If theres aspects of the bill you dont like , thats your prerogative, Im happy with it.0 -
Given you brought it up, and you seem keen to discuss it , why dont you tell us your version of what happened to it.I didnt link or refer to a Schumer bill, I posted a link to an immigration speech he gave at Chicago Law, I thought his language and terminiology was interesting.
Feel free to start a discussion on Chuck Schumer and his 2009 reform efforts if you wish.
Well you said a lot more then referring to language and terminologyIf perhaps the DNC had enacted some of their policys of one of their own senior leaders, one wonders would Trump have won in 2016.
What happened to the C.I.R bill ? Look it up and then tell me how the DNC could have enacted on this policy.
For future reference instead of asking someone 5 or 6 times , what about the bill, the bill the bill, without actually mentioning the bill your talking about, , in this case the C.I.R bill, you should really state that at the begining . It seems to have taken 2 days and 5 posts for you to say your talking about the CIR bill. It would save alot of posts and head scratching as to what bill your talking about.
It will help the discussion flow better.0 -
Those are fair comments you have made.
The US market retreat was mostly an ancilliary effect of Shanghai Composite collapse, there wasnt any fundamental issue with the US.
US domestic oil production is hitting record bpd the US has become less and less dependant on OPEC supply and is less and less at the whim of OPEC. If there is a trend away from US dominance of international trade then I dont see a problem here but if that day arrives I suspect the EU would prefer the $ than the RUB.
Are you sure you want to bring up Libya, and Ghaddafis overthrow. Under Obama and HRC Secretary of State and we all know how well that went.
(For the record before im accussed of bringing up Obama in the Trump discussion thread, Im merely responding to a post directed to me that brought up the previous administrations actions. )
Apple , given Tim cook has spent 3 years lambasting Trump, and Apple were a dominant corporation at keeping their earnings away from US taxman, it will be an interesting conversation if Tim cook has to ring Trump due to china embargos. Besides people on the left should be welcoming Apple cutting back on China labour force, wasnt it reknowned for poor working conditions.
Theres a very long game at play here. I dont see one win or loss as being decisive .
I think liberals and Democrats are too hung up on finding one battle to win that will win their war. (infectious militaria strikes again)
Sooo US markets goes down because of Shanghai Composite collapse which is a result of Trumps trade wars ... And that is positive for the US How ?
Why is the long play (as you described it ) not valid for the SSE ?0 -
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Given you brought it up, and you seem keen to discuss it , why dont you tell us your version of what happened to it.
For future reference instead of asking someone 5 or 6 times , what about the bill, the bill the bill, without actually mentioning the bill your talking about, , in this case the C.I.R bill, you should really state that at the begining . It seems to have taken 2 days and 5 posts for you to say your talking about the CIR bill. It would save alot of posts and head scratching as to what bill your talking about.
It will help the discussion flow better.
I referred to the Bill shumer talked about, in the video YOU posted
I even quoted your post, You then went on how the democrats didn't enact on what Shumer mentioned in that video ...
I asked you a very simple questions as to why they didn't enact on it ... Can you answer that question ?0 -
Feel free to post your own wall of test of the opioid crisis.
That is an impressive wall of text to have with no detail on the bill you love so much.
Yes I was super excited it passed. One of the best days in his Presidency.The bill was passed by a bi-partisan majority 386 to 14 including democrat support.
This is the THIRD time Ive posted that information.
I dont see how constantly asking the question 'What happened to the bill ' for a bill that has been passed thru the House is in any way conducive to a discussion.
We are asking what the bills actually means. Not what happened the the path of the bill, but what that means.
You seem very excited that it was passed, but since you have failed to state anything that it practically means, one can only assume that you see the fact of a bill passing as a success, what the bill actually does is not the point.
Anyone who does anything to halt this epidemic is welcome .
And yes I see it as a success, getting bi-partisan support , and also i see it as a big marketing tool come November for the campaign trail.
Add the pressure of the bill plus the class action suits many states are taking (with the support of the US AG) against big pharma on this issue , its all moving in the right direction .
If HRC lost the election because of 79,000 votes (i believe to swing the electoral colleges she needed something of this order) then she lost those votes on this topic in my opinion. Trump hammered this message home on his campaign. It was item number 2 in his campaign. If you think he kept 60,000 people cheering in a stadium in rural states for 2 hours by just repeating the wall the wall, you were misled by your media outlet. He gave a significant proportion of his speeches over to fighting this plague, and that made a difference at the poll.
Im also a fan of the whitehouse.gov homepage and how the banner line has 'The Opioid Crisis' as one its items, shows how serious him and his administration take this issue.
Is the bill perfect , no , will it solve the crisis today, no. Im a realist .
If theres aspects of the bill you dont like , thats your prerogative, Im happy with it.
I have an immediate family member affected by this. Id be interested in what posters find so inadequate, offensive and lacking in Trumps strategy on attacking opioid abuse.
If you wish to discuss the minutiae of one detail of a 58 bill package, then again post your own wall of text but for me .
Im happy with the Trump administration strategy and the inroads they have made over the last 18 months on opioid abuse , and not just last weeks bill. Ive posted a number of times on the opioid epidemic out of concern, if you are genuinely concerned about it what have you posted on it other than badgering for a nitpicking whataboutery tit for tat.0 -
Those are fair comments you have made.
The US market retreat was mostly an ancilliary effect of Shanghai Composite collapse, there wasnt any fundamental issue with the US.
US domestic oil production is hitting record bpd the US has become less and less dependant on OPEC supply and is less and less at the whim of OPEC. If there is a trend away from US dominance of international trade then I dont see a problem here but if that day arrives I suspect the EU would prefer the $ than the RUB.
Are you sure you want to bring up Libya, and Ghaddafis overthrow. Under Obama and HRC Secretary of State and we all know how well that went.
(For the record before im accussed of bringing up Obama in the Trump discussion thread, Im merely responding to a post directed to me that brought up the previous administrations actions. )
Apple , given Tim cook has spent 3 years lambasting Trump, and Apple were a dominant corporation at keeping their earnings away from US taxman, it will be an interesting conversation if Tim cook has to ring Trump due to china embargos. Besides people on the left should be welcoming Apple cutting back on China labour force, wasnt it reknowned for poor working conditions.
Theres a very long game at play here. I dont see one win or loss as being decisive .
I think liberals and Democrats are too hung up on finding one battle to win that will win their war. (infectious militaria strikes again)
Haha, this is too funny. You are the first to come congraatulating Trump on whatever the latest news you have heard. These bills are great, tax cuts are great etc.
Now you want to play the long game.
OK, so long game is that even based on the current growth projections the national debt, as per the links already posted, is set to reach levels not seen since the 1930's. That Trump is relying on levels of growth that would be both unheard of and unhealthy since the people simply doesn't exist to cover the jobs (unless we start letting Mexicans in again but they are all criminals)
The trend so far is that corporations are using the bonus for the tax cuts to undertake massive and record setting stock buy backs. That the money is not going to large job increases (the job number continue on the trend set by Obama) and wage growth is nowhere near the levels of the tax cuts.0 -
Those are fair comments you have made.
The US market retreat was mostly an ancilliary effect of Shanghai Composite collapse, there wasnt any fundamental issue with the US.
US domestic oil production is hitting record bpd the US has become less and less dependant on OPEC supply and is less and less at the whim of OPEC. If there is a trend away from US dominance of international trade then I dont see a problem here but if that day arrives I suspect the EU would prefer the $ than the RUB.
Are you sure you want to bring up Libya, and Ghaddafis overthrow. Under Obama and HRC Secretary of State and we all know how well that went.
(For the record before im accussed of bringing up Obama in the Trump discussion thread, Im merely responding to a post directed to me that brought up the previous administrations actions. )
Apple , given Tim cook has spent 3 years lambasting Trump, and Apple were a dominant corporation at keeping their earnings away from US taxman, it will be an interesting conversation if Tim cook has to ring Trump due to china embargos. Besides people on the left should be welcoming Apple cutting back on China labour force, wasnt it reknowned for poor working conditions.
Theres a very long game at play here. I dont see one win or loss as being decisive .
I think liberals and Democrats are too hung up on finding one battle to win that will win their war. (infectious militaria strikes again)
Sooo US markets goes down because of Shanghai Composite collapse which is a result of Trumps trade wars ... And that is positive for the US How ?
Why is the long play (as you described it ) not valid for the SSE ?
If you believe markets only go up and they never go down, then I guess you can see no positive.
If you follow trends then you can take a long view.
I dont think you read my posts fully, I said the US can absorb the shocks better than other nations.
I never said the trade rebalancing would be without some US hits and impacts.
Again why are people assuming one day and one play makes the whole picture .
US market went down, and suddenly people think its proof Trumps economic policy is not working and will not work long term.
Im still open for anyone wanting to take up my offer on discussing the Shanghai Index collapse and what this means for US - China relations in Trumps first term as well as potentially into his second term... anyone ...0 -
Feel free to post your own wall of test of the opioid crisis.
I have an immediate family member affected by this. Id be interested in what posters find so inadequate, offensive and lacking in Trumps strategy on attacking opioid abuse.
If you wish to discuss the minutiae of one detail of a 58 bill package, then again post your own wall of text but for me .
Im happy with the Trump administration strategy and the inroads they have made over the last 18 months on opioid abuse , and not just last weeks bill. Ive posted a number of times on the opioid epidemic out of concern, if you are genuinely concerned about it what have you posted on it other than badgering for a nitpicking whataboutery tit for tat.
So to summarise your position. You like Trumps strategy, but not enough to actually give any detail. We don't need to post anything, you claimed it was one of the best days of his presidency, so this isn't some run of the mill bill. This is a game changer. This bill is going to mean the end of the crisis.
Great, how? Does it deal with all the areas that you wanted? What level of support does it give to those already affected? What regulations has it brought in to reduce the issue going forward (and which regulations were got rid of since two need to go for every new one brought in.)
Will drug companies need to go back to self reporting any unusual trends? Have the FDA been given extra resources to investigate not only the self reporting but to undertake additional audits.
Will all treatments be mandated to be covered under healthcare plans. What if the person loses their job, and thus healthcare, can they still avail of the treatments direct from the state?
Does each state have to abide by the same regulations or is it a state by state option. What happens if you move state? Who is going to pay for all of this, what part of the budget is it coming from.
These are not particularly difficult questions, and seeing as you have direct experience surely you want to know that these, and far more, is being done to actually deal with the issue rather than just talk about it.
What is the cost of the opioid crisis to the US each year, and how much has Trump diverted to tackle it?0 -
The bill is a kick in the face for those with issues from Republicans. They had a chance to do something good and they watered it down as much as they could while saying they did something.
If the white house was serious about solving the issue they would press Republicans to accept the democrat version of the bill which supplies serious funding. Instead the Republicans and white house have settled for a few minor adjustments in how prescriptions work. Nice but not much more. As ever the white house is all talk but little action.
Honestly I was not asking for a complete in depth discussion. A few highlights as to why it is a good bill might help.
Anyone stating that something is good or bad without giving at least a high level description as to what that thing actually is will not be believed which is a good rule of thumb for me. I see no reason to give the white house any credit here for a bill they did not fight for. You have given me no reason to give them credit.0 -
Those are fair comments you have made.
The US market retreat was mostly an ancilliary effect of Shanghai Composite collapse, there wasnt any fundamental issue with the US.
US domestic oil production is hitting record bpd the US has become less and less dependant on OPEC supply and is less and less at the whim of OPEC. If there is a trend away from US dominance of international trade then I dont see a problem here but if that day arrives I suspect the EU would prefer the $ than the RUB.
Are you sure you want to bring up Libya, and Ghaddafis overthrow. Under Obama and HRC Secretary of State and we all know how well that went.
(For the record before im accussed of bringing up Obama in the Trump discussion thread, Im merely responding to a post directed to me that brought up the previous administrations actions. )
Apple , given Tim cook has spent 3 years lambasting Trump, and Apple were a dominant corporation at keeping their earnings away from US taxman, it will be an interesting conversation if Tim cook has to ring Trump due to china embargos. Besides people on the left should be welcoming Apple cutting back on China labour force, wasnt it reknowned for poor working conditions.
Theres a very long game at play here. I dont see one win or loss as being decisive .
I think liberals and Democrats are too hung up on finding one battle to win that will win their war. (infectious militaria strikes again)
Haha, this is too funny. You are the first to come congraatulating Trump on whatever the latest news you have heard. These bills are great, tax cuts are great etc.
Now you want to play the long game.
OK, so long game is that even based on the current growth projections the national debt, as per the links already posted, is set to reach levels not seen since the 1930's. That Trump is relying on levels of growth that would be both unheard of and unhealthy since the people simply doesn't exist to cover the jobs (unless we start letting Mexicans in again but they are all criminals)
The trend so far is that corporations are using the bonus for the tax cuts to undertake massive and record setting stock buy backs. That the money is not going to large job increases (the job number continue on the trend set by Obama) and wage growth is nowhere near the levels of the tax cuts.
And the debt level continues on the trend also set by Obama.
Numbers are my forte , and anyone can twist a number to their own agenda. Are we talking dollar debt increase or percentage debt increase.
Much of the numbers people are using are coming out of the CBO , again using their numbers to set their agenda.
It reminds me of how the blind who were leading the blind back in Ireland in Celtic tiger days and everyone was using the ESRI numbers to say things were grand.
Do the rules allow a person to play both games , the short and the long, after all diffenrent elements of society move at different paces, some items play out short term and some play out on a longer term.
And yes long term, you have your projections , I have mine.
Considering Im old enough to have lived thru a number of trends and cycles , and survived most by trusting my own instinct and number crunching, im content to follow the same instinct on this one, long term.
Neither of us will have a definitive answer today , tomorrow or next month, we will have some but its going to take more time for the full reveal. For now just make your pension decisions , cash, equities, us , emerging, bonds etc0 -
And the debt level continues on the trend also set by Obama.
Numbers are my forte , and anyone can twist a number to their own agenda. Are we talking dollar debt increase or percentage debt increase.
Much of the numbers people are using are coming out of the CBO , again using their numbers to set their agenda.
It reminds me of how the blind who were leading the blind back in Ireland in Celtic tiger days and everyone was using the ESRI numbers to say things were grand.
Do the rules allow a person to play both games , the short and the long, after all diffenrent elements of society move at different paces, some items play out short term and some play out on a longer term.
And yes long term, you have your projections , I have mine.
Considering Im old enough to have lived thru a number of trends and cycles , and survived most by trusting my own instinct and number crunching, im content to follow the same instinct on this one, long term.
Neither of us will have a definitive answer today , tomorrow or next month, we will have some but its going to take more time for the full reveal. For now just make your pension decisions , cash, equities, us , emerging, bonds etc
So in summary, you have an opinion and all arguments against that are just biased. We can't possibly know the answer, but Trump is going great. You have just admitted that nobody can know the answer so all we can rely on is the numbers at hand. You claim that the debt is continuing a trend of Obama, which is tactic acceptance that the jobs are doing the same. So Trump is, by your own admission, having no effect.
But to get this no effect, Trump undertook the biggest tax reform bill in history, giving a whopping 15% tax cut to corporations. As this has resulted, so far, in nothing at all. Except of course a massive increase in debt.
You say numbers are you forte, so how can you possible be struggling to see that massively reducing tax intake will result in either massive spending cuts or massive increase in debt?
Is that pretty much it?0 -
Feel free to post your own wall of test of the opioid crisis.
I have an immediate family member affected by this. Id be interested in what posters find so inadequate, offensive and lacking in Trumps strategy on attacking opioid abuse.
If you wish to discuss the minutiae of one detail of a 58 bill package, then again post your own wall of text but for me .
Im happy with the Trump administration strategy and the inroads they have made over the last 18 months on opioid abuse , and not just last weeks bill. Ive posted a number of times on the opioid epidemic out of concern, if you are genuinely concerned about it what have you posted on it other than badgering for a nitpicking whataboutery tit for tat.
So to summarise your position. You like Trumps strategy, but not enough to actually give any detail. We don't need to post anything, you claimed it was one of the best days of his presidency, so this isn't some run of the mill bill. This is a game changer. This bill is going to mean the end of the crisis.
Great, how? Does it deal with all the areas that you wanted? What level of support does it give to those already affected? What regulations has it brought in to reduce the issue going forward (and which regulations were got rid of since two need to go for every new one brought in.)
Will drug companies need to go back to self reporting any unusual trends? Have the FDA been given extra resources to investigate not only the self reporting but to undertake additional audits.
Will all treatments be mandated to be covered under healthcare plans. What if the person loses their job, and thus healthcare, can they still avail of the treatments direct from the state?
Does each state have to abide by the same regulations or is it a state by state option. What happens if you move state? Who is going to pay for all of this, what part of the budget is it coming from.
These are not particularly difficult questions, and seeing as you have direct experience surely you want to know that these, and far more, is being done to actually deal with the issue rather than just talk about it.
What is the cost of the opioid crisis to the US each year, and how much has Trump diverted to tackle it?
You have asserted far too much to my assesment of the bill. I never even went close to stating that.
Its not really a good way or anyway to start a discussion.0 -
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No , what that is , is what you have posted.And the debt level continues on the trend also set by Obama.
Numbers are my forte , and anyone can twist a number to their own agenda. Are we talking dollar debt increase or percentage debt increase.
Much of the numbers people are using are coming out of the CBO , again using their numbers to set their agenda.
It reminds me of how the blind who were leading the blind back in Ireland in Celtic tiger days and everyone was using the ESRI numbers to say things were grand.
Do the rules allow a person to play both games , the short and the long, after all diffenrent elements of society move at different paces, some items play out short term and some play out on a longer term.
And yes long term, you have your projections , I have mine.
Considering Im old enough to have lived thru a number of trends and cycles , and survived most by trusting my own instinct and number crunching, im content to follow the same instinct on this one, long term.
Neither of us will have a definitive answer today , tomorrow or next month, we will have some but its going to take more time for the full reveal. For now just make your pension decisions , cash, equities, us , emerging, bonds etc
So in summary, you have an opinion and all arguments against that are just biased. We can't possibly know the answer, but Trump is going great.
Is that pretty much it?
That is your summary of my position.
Its a free forum .
But lets be clear this is your summary of my position.
I think there is far too much of that in peoples responses to posts in general.
Posters frequently start a response with a 'so to summarise your position' , inevitably they get the summary wrong and then it just becomes a lingusitic debate of who summarised whos post correctly or incorrectly.
People would be far better off to do less summaries of other posts or attitudes. It just leads to clogging up the airwaves.0
This discussion has been closed.
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