Donald Trump: Does His Economic Plan Make Sense?
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Aug 28 -- John Heilemann and Lizzie O'Leary discuss Donald Trump’s economic platform on “With All Due Respect.” -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Comments
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Compare what Trump has already accomplished, EVEN BEFORE HE HAS MOVED INTO THE WHITE HOUSE. This is the fundamental difference between a career politician, and a successful, independent businessman. What did Obama and Clinton do to our bottom line, other than creating the largest deficit in American history??
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WU TANG
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PAY ATTENTION! Who do you think will be paying that 35% tariff fee? Will the CEO take a pay reduction? Will the shareholders tolerate a dividend reduction? There is only one party left - YOU! Get ready to be sucked lower!
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oke I am confused, Trump has a science decree in economic, he knows how the economy works, he has been in the economy, he has the experience, he knows the people that can work thw systeam.
then why would his economic plan be such a bad thing? I mean we don't know yet what his whole masterplan is, I don't think he is an idiot, he has some kind of plan, perhaps he is just being a clown right now to cash in votes, then later on puts on his suit when it's just him agenst hillary.
only time will tell. -
I would be more inclined to believe he actually has a plan and isn't just playing a hoax if he took out his huge amounts of business in Muslim-majority countries.
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These dumb fuckers with their 6 figure income jobs where they get the opportunity to make 7 figure income "investments" as insiders trading deals to be sure the SEC has a BLACKMAIL FILE on these goons, saying they don't want to "start a tradewar". News flash goons, the Chinese Communist Party already won The Trade War at the expense of the US middle class and at the expense of the vast majority of Chinese who live in poverty and now work slave jobs for slave wages wanting to throw themselves off buildings but for the suicide nets ruining their options. Start a trade war? The 3rd World-ification of the US economy is about thoroughly complete and these tools are selling that we don't want to offend the trade warriors and their cronies, our traitors, who collapsed our economy, sent 60,000 FACTORIES overseas, literally boxed up on shipping crates the factories our fathers and grandfathers built with their own hands by their blood sweat and tears and by PAPERWORK "OWNERSHIP" of those "assets" which were our ECONOMIC LIFEBLOOD sent those factories overseas, to China mostly where about a billion slaves were ready to get driven 12 hour days soldering electronics for fifty cents an hour. Trade war? Don't want to start 1 as if there's 1 lacking. These traitors should get hung for airing this assault on Americas intelligence.
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The reason that Trump does not make sense to these guys, is because they are 'little people' too fearful to change the ways that business and politics have been done. So the say 'It don't make any sense', which in the real world means 'I'm frightened of change'.
So Trump has more taxes here and there, Trump makes tough deals that may or may not happen successfully, Trump keeps profits in the USA. Trump stops companies from taking their profits off-shore to escape tax. Trump is not a 'little person'. -
You can tell his economic illiteracy just from the tariff proposal. Leaving aside all of the macro economic implications of something such as that, the most obvious problem is that it would not in any way encourage U.S production when none of these industries exist currently in the U.S anymore anyway... People aren't going to invest in U.S businesses that require tariff protectionism to survive... That is not a model to encourage any kind of long term investment security because the law could be repealed at any time.
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