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Post Reply - BEST President ever.


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Topic - BEST President ever.
Posted: October 17 2017 at 9:24am By Technophobe
Of course investors are happy with Trump.  He is making them rich.  Not so the rather poorer classes who work for them.  his policies are bankrupting them.

Making the fat-cats richer is usual for right-wing policies, but only the most extreme do so at the expense of the little guy.  The more moderate right-wing policies usually make the little guy a small amount better off as the profits filter down.

But the extreme right-wing policies have a much more worrying side.  No growth that extreme can be sustained for any length of time.  Under normal conditions anything over about 5% growth is unstable and leads to sudden crashes.  When it is achieved by protectionist policies, the crash takes a while to happen.  At first there is only profit.  The countries diddled out of their fair shares can see the reason for this and institute protectionist policies of their own to limit the hemorrhage of their profits abroad.  Only the largest can afford to do so when their market partner is as big as America and their complicated administration systems take a while to get going.  (Smaller countries just end up accepting the loss of monies.)  But, once they do, then reverse protectionism is instigated and the profit pipeline is severed.  Smart investors get out before this crash and only the little guy and the terminally slow suffer from the crash.

Enjoy it while it lasts.  The clock is ticking.

Hilary and Yoko?  I hope they had fun.