Re: What do Democrats think will happen to the country if Trump is re-elected?

Some of you Steve Bannon fans may find this part of his Presidency deeply satisfying. I don’t. I happen to believe we need a functional bureaucracy. Michael Lewis wrote a great book called the Fifth Risk on this subject.

https://www.nytimes.com/2018/10/02/books/review-fifth-risk-michael-lewis.html

Forgive me for the rest of this rant, but there is so much to vent:

Continued descent into mass psychosis from the constant gaslighting tweets.

I expect more hand-drawn hurricane maps, more ill-advised ad-lib foreign policy decisions, repeated abandonment of our allies, more token paper towel rolls tossed like souvenirs to hurricane survivors, complete disregard of any expert or experienced advisor, refusal to actually read daily intelligence briefings and in general chaos as usual.

It will only take one major miscalculation on his part with a Kim Jong Un or Iranian madman to plunge us into total darkness. I totally don’t trust his judgement when it comes to these people. All of his top military advisors seem to have jumped ship. It’s not surprising because he has a demonstrated knack for disrespecting their entire lifetime of service. His complete ignorance of these matters is mostly terrifying though.

I expect more unnecessary trade wars aka taxes that end up driving our cost of living higher. I expect him to further divide the country, mainly because of his inability to overcome his own narcissism, his clinically sociopathic character. This results in a total unwillingness to compromise on anything. Nothing can get done unless he gets to put his name on it. In this regard, he is more like a spoiled brat than a leader of the free world.

Then, for the bleeding hearts out there, we can’t forget all the little children he has ordered locked up in cages. He had two years with majority control in Congress and couldn’t get an Immigration deal done. He blew it up out of spite.

profuscious

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the stock market is in a great cycle, no doubt

Feb 6, 2020, 10:57 AM

but you and I both know that the country is drunk on debt and that the party won't last forever, even if Trump is re-elected. One could easily argue that Trump and McConnell bought this stock market with a tax plan that was fueled by more government debt.

Obviously business leaders like Trump because they get to keep more of their money, but everything has a cost. You either pay now, or pay later. With the tax plan, we've decided as a nation to pay later, so your sons and daughters will have fun with 23 trillion dollars of debt instead of 19 trillion. The tax plan as it turned out was a huge bait and switch. Corporations used the tax savings to buy shares back. Of course they did, they are company shareholders themselves so they directly get the benefit!

If we cut taxes and the deficit went lower, we'd have something to be proud about. But the Republican majority in Congress wanted to pay a nice little bribe to their wealthy donors. So here we are, increasing our future liabilities. But yay, we're rich? We have privatized gains and socialized losses. It is corporate welfare by any definition yet we can't seem to understand why this is unfair to the vast majority of Americans.

I also seem to remember how we said the same thing when W was running for re-election in 2004. That turned out to be a bit of a mess at the end. Lots of lives were ruined. Turns out the economy was running on giant miscalculations made in the MBS industry's rating agencies. Agencies run directly by the MBS industry who just tell them what they want to hear. It tanked everyone. And by the way, somehow Standard and Poors is still one of the main go-to authorities on bond ratings even after they screwed everyone over. I think someone who helped create this mess called it Irrational Exuberance. It feels the same in 2020.

How is this one going to blow up? Your guess is good as mine, but when it does, how will we look back on the Trump/Ross/Mnuchin/Kudlow regime then?

As far as employment, I honestly think there needs to be more research on jobs data. If we don't know what kind of money people are making, how can we so easily claim success? I have a suspicion gig economy has distorted some of these job reports. When Uber claims they are creating 20,000 jobs a month, and a driver makes $40 here and there, that's not really a job now is it.

Maybe the best way to look at it is monthly household earnings relative to inflation.

Business owners typically like to hire as many contract workers and part-time employees as they can, keep them under 35 hours a week so they can avoid paying full-time tax liabilities and benefits, so you and I prop them up with social benefits. Walmart is a classic example. These companies typically don't pay much and after they make a hire they send them down to the welfare office to get public assistance. So in essence, companies like Walmart are leveraging American taxpayer funds to avoid paying a living wage. More corporate welfare.

Of course the economy looks good, it's drunk.

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What do Democrats think will happen to the country if Trump is re-elected?

Ruth Bader Ginsburg***

We're already supposed to be in a massive depression,

lutz, just posted exact same thing***

and dying from net neutrality!!***

member when they all said the economy would tank?

Re: member when they all said the economy would tank?

what you libs don't understand and what Trump,

Re: what you libs don't understand and what Trump,

The main difference is Obama tried to achieve peace through

Re: The main difference is Obama tried to achieve peace through

Re: The main difference is Obama tried to achieve peace through

give terrorist countries billion and billions aint the way

Re: give terrorist countries billion and billions aint the way

lol, ya no

Re: lol, ya no