Trump fans, you got taken

But, let's face it, you got taken in by the best, a quintessential con man. At this point in his administration Trump has the lowest approval rating of any President in American history. Wake up, people. You bet on the wrong horse. Middle class and blue collar workers who voted for him will find that out in about a year.

Trump is interested in lowering the corporate tax rate. His plan to lower income taxes will benefit the rich, like himself and his family and frriends, far more than the middle class and blue collar worker. Why do you think the stock market is booming? Investors and CEO’s got one of their own in the White House. If you are not the owner or CEO of a large corporation, the stock market is your first clue that something is very wrong.

To pay for these tax cuts Trump is proposing a 20% tariff on all imported goods. That will result in a 20% price increase on imported goods to the middle class and blue collar consumer. For example, a Ford built in Mexico that costs $20,000 today will cost $4,000 more under Trump’s plan. Percentage-wise, this will have a smaller effect on the rich. That is why a tariff results in a regressive tax.

A 20% tariff will really hurt the blue collar worker who got suckered into voting for Trump. The protectionist policies Trump says is designed to protect American manufacturing jobs will do the very opposite. A 20% tariff on all imported goods will cause nations to reply in kind. This will result in less exports, thereby hurting American manufacturing.

Folks, you got taken.

 

Like we had a choice, did you see what the other side was pitching?

 

Trump took me alright,took me right to the bank to deposit all the money I've made in his market bounce!

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Well there is that.

 

Sadly, we weren't given the choice between a perfect candidate and an imperfect candidate. We had two imperfect choices, and we elected the best one out of the two.

 

I've been hearing the "you've got taken" line ever since I was assured that the only reason Trump entered the race was to throw the election to his good buddy Hillary. Right now, I'm feeling pretty good about my decision and don't have any buyers remorse. Thanks for trying though.

 

Your post reminds me of this:



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Me too, I'm practically ecstatic over my well-made decision.

 

Actually you are seeing what bubbles look like. Just not sure you recognize it. Unless trading volume starts starts increasing on down market days and decreasing on up market days, run for the hills. When this thing deflates, it is going to be uuuuugly

 

Not taken like you Hillary suckers. But keep on playing , it's fun.

 

This is one of those rare threads where I agree with almost all responses. Trump idiots DID get taken but there was really no viable alternative. What a fvcked up election cycle.

 

Exactly. Between the two presented, the better candidate won.

Yeah. No contest.

At a very minimum, we got a decent justice nominated to the Supreme Court. And that ain't nothin'...

 

Well, you have a point, but Clinton is no buffoon. Trump is he proves it every day. Take to day for example. He all but said we are headed for another war. Clinton wouldn't make the mistake he is about to make. Then again, he will probably backtrack. That is his pattern. He says something totally ludicrous or an outright lie, then he contradicts himself or his staffers do it for him. Check out what he said today.

Mattis was given thirty days to come up with a plan to defeat ISIS. That was thirty days ago, and we are told Mattis has submitted his plan. Trump has expressed unwillingness to divulge his military plans to the American people for fear the enemy is listening. Whether that is true or not, here is what he said today. "We have to start winning wars again."

He continued. "... now we never win a war. We never win. And we don't fight to win. We don't fight to win. So we either got to win or don't fight it at all."

Is it just a coincidence that Trump said this on the thirty day anniversary of the thirty day time limit for a war plan?

A wise man once said, "I don't believe in coincidences."

 

LOL, read this and weep and worry sick.... This is how mainstream media fails to report and lies by omission, even though it's their own data

Six-in-ten Americans said they are hopeful and optimistic about the future of the country, including an overwhelming 87 percent of Republicans (but just 37 percent of Democrats). And a majority of respondents to the poll - 57 percent - also said that Trump is likely to "bring real change in the direction of the country." Among those who think Trump is likely to bring change, 63 percent believe those changes will be positive, while 30 percent disagree.


http://www.nbcnews.com/storyline/tr...tands-just-44-percent-partisan-splits-n725621

 

Yeah, I'm profiting, too. That just goes to prove there is always a silver lining.

However, there are two caveats. One, Trump better deliver, and soon, like a month or two, or that market will come crashing down. Obviously, the market is betting on the come because Trump hasn't done much yet. Yes, he has saved a few thousand jobs, but I am talking big picture here.

Two, if we are to believe him, which is always a stretch, he favors protectionism with our trading partners to protect American workers. He is confidant that he can make big bilateral deals. Unfortunately, I doubt that our trading partners will buy into his "America first" ideology. His protectionist ideas will likely cost American jobs due to loss in exports. Loss of exports will also impact the stock market.

I am not exactly sure why the market is going nuts. Is it just because one of them is in the White House? I don't know. It is very strange so be wary.

 

I am aware of the poll that is skewed by Republican participants. 87% of Republicans think we are headed in the right direction.

Hmmm, so where did I go wrong in the OP? You never explained that part.

 

Bogus ... totally one-sided polling.Most adults when polled like what
Trump is doing.
The polling is Rigged in favor of Trump bashers and haters.
Exactly as the Pre-November polling was skewed by a large margin
for an easy Hillary victory.
Garbage In ... Garbage out.
President Trump may need to add a few Billion to the budget just to
get more garbage trucks on America's streets.

 

Protectionism is just as bad as faux free trade, but it's not like the voters didn't know it was coming. The Democrats have given up the white working class to the GOP and this is something they've promised.

Trump, for all the Hitler-baiting and calls for impeachment, still has 44% of the country behind him. Keep in mind that he hasn't really done anything policy wise yet.

Additionally, both parties fielded very poor candidates this election, Clinton would be on something similar if she had won. It was a bad election.

4 more years and nothing can change that.

 

Sandy, Ford's Mexican-made cars are in competition with Toyotas, Hyundais, Hondas, Nissans, Volkswagens, and American companies that are manufacturing cars in the U.S. They can't just pass it along to the consumer. They can eat it, or they can manufacture in the U.S. using the business model of these other companies.

 

You have a point there. However, I think within a year Trump fans will realize they made a big mistake. Right now they are believing all his bluster, but soon they will realize he is totally incapable of handling the job. He has not signed one piece of legislation. Congress is still awaiting guidance on key pieces of legislation like health care and tax reform. He is too absorbed with side issues like his war on the press and investigations into the Russian connection.

Just weeks into Donald Trump’s presidency, you would think that everything had changed. The uproar over the president’s tweets grows louder by the day, as does concern over the erratic, haphazard and aggressive stance of the White House toward critics and those with different policy views. On Sunday, White House aide Stephen Miller bragged, “We have a president who has done more in three weeks than most presidents have done in an entire administration.”

But Miller was dead wrong about this. There is a wide gap, a chasm even, between what the administration has said and what it has done. There have been 45 executive orders or presidential memoranda signed, which may seem like a lot but lags President Barack Obama’s pace. More crucially, with the notable exception of the travel ban, almost none of these orders have mandated much action or clear change of current regulations. So far, Trump has behaved exactly like he has throughout his previous career: He has generated intense attention and sold himself as a man of action while doing little other than promote an image of himself as someone who gets things done. http://www.politico.com/magazine/story/2017/02/president-trump-has-done-almost-nothing-214775

 

What part of 'the poll shows that the American people are optimistic about the future and expect positive changes' don't you understand?

Trump has picked up lots of votes after one month is the office, he's lost none. The remnants of never-Trumpers are all aboard as was obvious at the CPAC, the working people are excited about him delivering on his pro-labor, pro-america campaign promises.... Things can happen in the next 4 years of course but as of this moment he is by far exceeding the wildest expectations of his supporters.

Please... the absurdity of your "the economy is booming, the stock market is skyrocketing, everyone is hiring = Trump sucks and his fans got taken" claim does not need to be explained.

 

Oh, I know Trump fans aren't sorry yet. Give it time. Regarding Trump, this old axiom will soon come into play. Fool me once, shame on you. Fool me twice, shame on me.

 

blah, blah, blah.....more butthurt from the left telling eveyone "I told you so" before anything bad has happened. Keep quoting fake news and phony polls that only play well in the liberal echo chamber.

 

When Trump fans are relying on that old reasoning rather than examining the facts about the Trump administration, the end of their support is coming soon. That kind of reasoning will only work for so long.

 

Makes no sense. No tariffs lost us millions of living wage jobs, sending those people into the low wage service sector. So now reversing what gutted us of living wage jobs will hurt us more than what gutted us? LOL So the only way working people can prosper by their work is to send those jobs to slave labor? So the elites max out their own income? LOL

The US has never had to rely upon exports for a healthy economy with living wage jobs for our people. We never saw trade deficets as acceptable either . We run them only so a few elites can max out their own income. This paradigm that we must compete with slaves wages is a ruse. We existed for most of our history not doing that, which gave us the largest middle class in world history.

You are perpetrating a ruse, a con game, a scheme of our elites to enrich themselves. We had to change what the founders set up order to do that. Good grief. That you want our own people to compete against slave wages is some really irresponsible thinking. It has hollowed out what helped to make us a special place to live. And for what?

 

I just love it when Trump fans characterize my articles, but never question a single fact contained herein. It always gives me a certain amount of satisfaction.

 

I agree with your criticism of tariffs. I do think tariffs can be used to bring manufacturing jobs back (somewhat) but I don't think that's in the general interest of the country and I do think it will lead to higher prices for consumers, though that depends on other factors I could go in to...

I think your notion that the stock market being up is necessarily a bad thing and that his proposal to cut corporate income taxes means you... well, you don't really have the big picture. The economy is not some fixed pie where labor must fight the capitalist for "his share." Capitalists invest in capital which raises the marginal productivity of labor which means that with a little handwaving and time, the labor is more valuable and the laborer is paid his marginal productivity.

When people can keep their property, they can invest that property into more wealth-creating activities and the pie gets bigger.

The US has one of the highest corporate income tax rate in the world and is the highest of the developed countries. It definitely needs to be cut dramatically to bring it in line with even some of the more "progressive" countries-- Sweden, Denmark, etc.