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im aware. see my previous post.
The word banned suggests showing the vid is legally prohibited. It's not.
im aware. see my previous post.
Chris. You just posted fake news.
Are you going to correct yourself?
On to the next tweet!
Why Was Trumponomics a Flop?
Neither tax cuts nor tariffs are working.
Donald Trump has pursued two main economic policies.
On taxes, he has been an orthodox Republican, pushing through big tax cuts for corporations and the wealthy, which his administration promised would lead to a huge surge in business investment.
On trade, he has broken with his party’s free(ish) trade policies, imposing large tariffs that he promised would lead to a revival of U.S. manufacturing.
On Wednesday, the Federal Reserve cut interest rates, even though the unemployment rate is low and overall economic growth remains decent, though not great.
weakness in business investment, which fell in the most recent quarter, and
manufacturing, which has been declining since the beginning of the year.
Obviously Powell couldn’t say in so many words that Trumponomics has been a big flop, but that was the subtext of his remarks.
And Trump’s frantic efforts to bully the Fed into bigger cuts are an implicit admission of the same thing.
“It’s at least possible that bigger budget deficits will, if anything, strengthen the economy briefly.”
But why has Trumponomics failed to deliver much besides trillion-dollar budget deficits?
The answer is that
both the tax cuts and the trade war were based on false views about how the world works.
Republican faith in the magic of tax cuts — and, correspondingly, belief that tax increases will doom the economy — is the ultimate policy zombie,
a view that should have been killed by evidence decades ago but keeps shambling along, eating G.O.P. brains.
The record is actually awesomely consistent.
Bill Clinton’s tax hike didn’t cause a depression,
George W. Bush’s tax cuts didn’t deliver a boom,
Jerry Brown’s California tax increase wasn’t “economic suicide,”
Sam Brownback’s Kansas tax-cut “experiment” (his term) was a failure.
Nevertheless, Republicans persist.
they basically used the tax savings to buy back their own stock.
What went wrong?
Companies use accounting tricks to report huge profits and hence big investments in tax havens, but these don’t correspond to anything real.
There was never any reason to believe that cutting corporate taxes here would lead to a surge in capital spending and jobs, and sure enough, it didn’t.
What about the trade war? The evidence is overwhelming:
Tariffs don’t have much effect on the overall trade balance.
At most they just shift the deficit around: We’re importing less from China, but we’re importing more from other places, like Vietnam.
And there’s a good case to be made that
Trump’s tariffs have actually hurt U.S. manufacturing.
Beyond that, the uncertainty created by
Trump’s policy by whim — nobody knows what he’ll hit next — has surely deterred investment.
Trumponomics has utterly failed to deliver on its promises,
it’s not bad enough to do enormous damage.
think of the missed opportunities.
Imagine how much better shape we’d be in if the hundreds of billions squandered on tax cuts for corporations had been used to rebuild our crumbling infrastructure.
Imagine what we could have done with policies promoting jobs of the future in things like renewable energy,
instead of trade wars that vainly attempt to recreate the manufacturing economy of the past.
pundits who think that Trump will be able to win by touting a strong economy are almost surely wrong.
he definitely hasn’t made the economy great again.
So he’s probably going to have to do what he’s already doing, and clearly wants to do:
run on racism instead.
https://www.nytimes.com/2019/08/01/o...p-economy.html
DPS fusion center director who briefed DJT about immigrant rapists...
... is arrested in Austin for rape.
https://www.texastribune.org/2019/07...-after-arrest/
Trump is also a rapist - he should be proud of his minion.
Why did you post that here?
Why are you posting fake news everyone? Keep after yourself QChris.
Bend over, I'll show ya a proud in' minion.
You've posted plenty non-Trump stuff here, copper
Trump Promises To Cure Cancer And AIDS If Reelected
https://www.joemygod.com/2019/08/trump-promises-to-cure-cancer-and-aids-if-reelected/
...he'll also have retired Sanders & Pocahontas, ever more.
BUSTED: How Trump’s political appointees overruled tougher settlements with big banks
Since Donald Trump’s election, federal white-collar enforcement has taken a big hit.
Fines and settlements against corporations have plummeted.
Prosecutions of individuals are falling to record lows.
Two settlements with giant banks over financial crisis-era misdeeds provide a window into how the Trump administration has eased up on corporate wrongdoers.
with the two big U.K.-based banks, Barclays and Royal Bank of Scotland,
political appointees at the Trump administration Justice Department took the unusual step of overruling staff prosecutors to reduce the settlements sought,
leaving billions of dollars in potential recoveries on the table
In the case of RBS, then-Deputy Attorney General Rod Rosenstein decided that the charges should not be pursued as a criminal case, as the prosecutorial team advocated, but rather as a less serious civil one.
The mortgages they were putting into securities were “total ing garbage,” one RBS executive said in a phone call that was recorded and cited in a DOJ filing.
A Barclays banker said a group of loans “scares the out of me.”
Mortgages that went into the two banks’ securities lost a total of $73 billion
In March 2018, the DOJ settled with Barclays for $2 billion, a sum dictated by Trump appointees that was far below what the staff prosecutors in the Eastern District of New York in Brooklyn had sought.
The settlement with RBS occurred in August 2018, for $4.9 billion.
After Rosenstein downgraded the case from criminal to civil, other Trump appointees concluded that the settlement amount should be about half of what staff prosecutors in the District of Massachusetts had sought.
The British banks employed an old playbook, one that proved effective with the Trump administration: Hire prominent former high-level DOJ officials who were now at major law firms.
The two cases stemmed from the Obama administration’s efforts to bring charges against banks for misdeeds that contributed to the financial crisis.
the Obama-era DOJ consistently required the banks to acknowledge their bad acts, a practice that has ceased during the Trump administration.
https://www.rawstory.com/2019/08/bus...ith-big-banks/
Trash's mafiya will no doubt remind the banks, during his campaign, how many $Bs he didn't collect from them.
Trump Admits That He Picks His Nominees By Watching TV
Trump said, “No, you, vet for me.
I like when you vet.
You vet.
I think the white house has a great vetting process.
You vet for me. When I give a name, I give it out to the press, and you vet for me.
A lot of times you do a very good job.
Not always. I think the — if you look at it, I mean if you take a look at it, the vetting process for the white house is very good.
But you’re part of the vetting process, you know. I give out a name to the press and they vet for me. We save a lot of money that way. But in the case of John, I really believe he was being treated very harshly and very unfairly.”
https://www.politicususa.com/2019/08...minees-tv.html
Trump derails defense contract to punish a personal enemy(Bezos)
The occupier of the Oval Office is using the power of his office
to build his personal wealth,
to reward his personal friends, and
to punish those whom he perceives as his personal enemies.
So, here we go again, with Trump intervening personally in a Defense Department contract.
The Pentagon is delaying the award of a $10 billion contract to Amazon for an upgrade of its cloud-computing services
Give him pictures of people he hates and
tell him it's a conspiracy,
and boom, you're in the running for a $10 billion contract you probably don't have the capacity to fulfill.
"Experts on federal contracting say it is extremely rare for a president to intervene in a contract compe ion and improper to do it for political reasons,"
Once again, he's ego and his paranoid delusions are overruling national security.
https://www.dailykos.com/stories/201...personal-enemy
---45---Trump derails defense contract to punish a personal enemy(Bezos)
The occupier of the Oval Office is using the power of his office
to build his personal wealth,
to reward his personal friends, and
to punish those whom he perceives as his personal enemies.
So, here we go again, with Trump intervening personally in a Defense Department contract.
The Pentagon is delaying the award of a $10 billion contract to Amazon for an upgrade of its cloud-computing services
Give him pictures of people he hates and
tell him it's a conspiracy,
and boom, you're in the running for a $10 billion contract you probably don't have the capacity to fulfill.
"Experts on federal contracting say it is extremely rare for a president to intervene in a contract compe ion and improper to do it for political reasons,"
Once again, he's ego and his paranoid delusions are overruling national security.
https://www.dailykos.com/stories/201...personal-enemy
Trump crew cleaning up Baltimore
lol
This guy giving anyone advice
#ToledoStronglol
This guy giving anyone advice
Texas death penalty didn't stop the El Paso terrorist.
What do you recommend? What would have prevented the El Paso mass murder? What is going to take guns out of the hands of murderers that you think is effective, practical and efficient?
I don't know precisely. I propose not doing nothing though. I'm sure an assault-TYPE weapons ban is a nonstarter, but that would keep that kind of weapon out of a lot of hands.
It better gd be.
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