The Trump Card...

OntarioVanMan

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Trump is the gift that keeps giving and giving.

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...he has insulted nearly every good ally this country has or had...
he just speaks the common mans language how everyday Americans think on some issues.....
 
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davekc

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There really is guilt on both sides, but let's not forget that Obama extended the Bush tax cuts in addition to running up the national debt like no other POTUS in history. The Great Recession can not be blamed solely on Bush because the root causes for the sub-prime lending disaster were put in place well before he took office. The next big problem we face is when interest rates finally get back to normal levels after 8 years of being held artificially low. Imagine what the interest payments on our national debt will be if the Prime rate - currently 3.5% - is allowed to rise to the level it was when Obama took office: 6.5%, to say nothing of what might happen if it rises to the levels of the Clinton years, averaging 8 to 9%. For those youngsters that think it can't happen, take a look at the following link documenting the Prime's history. We haven't seen 3.5% since 1958. Of course we don't even want to think about the late '70s and early '80s. It's the economy, stupid!

Prime Interest Rate History

This is very true. Bush also put in place items to block the crazy investments by banks to avoid the recession and democrats in congress blocked them. People forget that kind of stuff. Same with extending temporary tax cuts. Obama blames his own deficits on Bush yet extends those very programs racking up more debt. It is laughable actually. And that isn't even touching all the social spending and Ocare costs. The other issue when comparing is that peoples wages are essentially flat and as the cost of living and higher interest rates enter the picture, it will continue to be a drag on the economy.
 

Pilgrim

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Another red herring Obama and the Dems like to shout about is the number of jobs being created. Problem is, the majority of these are "hamburger flipper" jobs that they used to ridicule when Bush was in office; part time, low paying jobs with no benefits - mostly in retail or service industries. Also consider the number of people - young and old alike - that now need TWO of these jobs to make ends meet. There's a reason that the U-6 unemployment figures still show over 94 million able bodied Americans out of work. It also doesn't help that ObamaCare mandates that anyone working 30 or more hours per week has to be given health care benefits that many small businesses can't afford.

One thing Trump does understand is economics and business. I'm surprised he's not putting more emphasis on the fake unemployment numbers and the shrinkage of the average household income over the past 8 years, and what he would do to improve our standard of living.
 

davekc

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My thinking on Trump with regards to the economy is that he waiting for the field to get smaller. Since he is sitting on top in most polls, I don't think he will put a plan out for awhile until he has to.
 

Turtle

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I think a bigger problem than Trump going bankrupt is people not getting their facts straight when drawing conclusions.
 
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iceroadtrucker

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View attachment 12893 Look Regan built up the Military spent money created jobs by needing 600 ships and man power.

Bush Sr. got us in to a war we didn't need to be in, If a Woman would have done her job, and called Him: and said what Saddam Hussein was going to do go into Kuwait There wouldn't been no Desert Storm.

Billy Clinton Cut the Military Bases & Ships Spending & that's how we got the surplus.

Bush Jr. wrote us all Refund Checks off the surplus, then the Towers Fell and OMG The Hunt of OSAMA Bin Laden began. Couldn't find him so Bush set his sights on Saddam Hussein who Hung at the Gallows by his own people. Bush Jr. worked his demise The War on Terror off a Credit Card..

Sadly Obama Inherited War on a Credit Card Debt. then Obama Jacks the National Debt to 19 trillion with the help of Boehner. With all of Congress and the Senate's Help.

Would you like me to go back further and talk about Jimmy Carter & loss of Panama Canal .
Or the Failed Rescue by Army Delta Force. Due to the Desert Sand Storm.

Gerald Ford who Pardon Richard Nixon which got caught with his hands in the cookie jar (TAPES) OOOOOOO OOOOO OOOOO OOOOO ....

( Johnson wanted Vietnam & believed to be behind JFK Death .. Was a real Jerk to JFK wife during his take over of the Presidency.. Not to mention the Drugs and Oil in Nam.... Oh Yes Texas go figure.

Let us not forget the Soap Opera of John Kennedy and Marilyn Monroe great Love Affair Nor the Bay of Pigs When John told Russia to get outa Cuba. Really Now.

Yes sir what a mixture. Demo Cogs and Re-pub-Brothers. Yes Sir indeed... Our Fore Fathers gave us a Republic and I herd its been re classified to a Oligarchy Hmm Really I Hope Not!! Something is Broke here and needs to be fixed..

Jeb Bush not doing so Hot

They found 1300 classified Files (E-Mails) on her server that gotten deleted.

Bernie Is pulling John McCain sheets of music but no one is listening.

Then we got the Cruz Missile who the Media says he was born in Canada. Let not forgot the Other Florida Boy and the Gov. of NJ who are ready to Mix it up in a royal Rumble.

Pop Corn Peanuts & Hot Dogs and Soda Pop. Get it here along with your Milk Duds and Mike & IKE's ..& Sugar Babbies...








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JohnWC

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Trump never went bankrupt himself. Four of his corporations, out of the hundred plus he owns, or has owned, went bankrupt either when he owned them or after he sold them. That's not a bad ratio at all in corporate America... in fact, it's unusually good!

Wasn't there something at one time if he had gone bankrupt he would have taken a bunch of banks with him so they had no outher choice but to give him more money
 

cheri1122

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Let's not forget about research and development of products and services not yet in existence. That takes money for capitol investment here in the US instead of going overseas or being sucked up by the US govt in taxes. Jobs are created when businesses evolve and grow. Otherwise, buggy whips would still be in high demand.

Research and development? What isn't financed by the feds [NASA, CDC, etc] is frequently outsourced these days. What is still done is often financed by investors, as that's what they exist for [supposedly].
Jobs may be created strictly because a business grows and/or expands, but if that growth & expansion isn't based on demand for their product/service, the jobs are the result of magical thinking. Companies that grow because it's the next step in the corporate progression [absent sales to support it] go bankrupt all the time.
Demand creates jobs, period.
 

xiggi

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Not always sometimes projections, wishful thinking, government create jobs regardless of demand. Ie: Battery operated cars, wind mills, solar panels, pet rocks.

In our history millions of jobs have been created when there was very little demand for something. Bright minds felt if they could create something useful people would buy it. It isn't now and never has been solely demand that creates jobs.
 
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Turtle

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No to mention countless union contracts that mandate certain levels and classes of employment regardless of demand.
 
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Mdbtyhtr

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What about when the government starts to compete with the private sector, driving entire industries out of business, which includes the owners, and employees. This has happened in commercial surety, something I am intimately aware of. Further, a demand with out investment or the financial means available to develop the product in the first place, stifles growth. Venture capital has been extremely difficult to obtain for a long while.
 
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