Trump's Policies Part 4

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mdb-tpet

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There is always an economist willing to tell the politician what the politician wants to hear.

The head of the Econ department at Va Tech when I was there, had this joke posted to her faculty webpage:
A woman was going to hire someone for a job and had three job applicants, a philosopher, a mathematician and an economist. At a job interview the employer asked the philosopher, "What is 3+3?" The philosopher opined at length about the construct of the number "3" and the meaning of the word "plus."
"Thank you," the employer said and dismissed the philosopher.
Next came to mathematician. "What is 3+3?" she asked. The mathematician replied "6." "Thank you," the employer said and dismissed the mathematician.
Then came to the economist. "What is 3+3?" she asked.
The economist rose from his seat went to the windows pull down the shades, went to the door, locked it, sat back down, looked at the employer and said "what do you want it to be?"

Sadly, that is too true of economist as a group. You can usually find one to give you the answer you want.
And THAT is why the Laffer curve on a napkin is so dang popular with the Country Club circuit. It's been shown to be incorrect over and over, but yet the Trickle Down lie keeps getting repackaged because it helps make rich people/donors slightly or feel slightly richer.

[/URL]
 

Its On A Slab

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And THAT is why the Laffer curve on a napkin is so dang popular with the Country Club circuit. It's been shown to be incorrect over and over, but yet the Trickle Down lie keeps getting repackaged because it helps make rich people/donors slightly or feel slightly richer.

[/URL]
And also the continuously-repeated fallacy that we can't tax the über-rich because they are "job creators".
 

mdb-tpet

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I concur on this point. Let's be honest: the Republicans have spent the last 50 years tracing everything wrong in the world to "the 60s." Of course, the Democrats have countered by telling us all that everything wrong in the world is due to "the 80s and Ronald Reagan," too.



Respectfully towards you, I think this narrative (that I've seen for years out there) is complete nonsense. It's just another back door way of saying "Republicans have always been racist and looky here!" This narrative began on Election Night 2016 when Van Jones referred to Trump's win as a whitelash.

Except here's the problem: those same "racist" voters DO support conservative blacks like Tim Scott. Sure, he was appointed - he's also been reelected a few times by the voters of the state where the Civil War began. The Republicans nominated a black (kook) candidate for Senate in Georgia and voted for him as well. This whole "Obama broke them" nonsense - in my view - is the same kind of propaganda that (and I agree with you up to a point on this) you're talking about.

WHITE VOTE
Carter 1980 - 36%
Mondale - 34%
Dukakis - 40%
Clinton 92 - 39%
Clinton 96 - 44%
Gore - 42%
Kerry - 41%
Obama 08 - 43%
Obama 12 - 39%
Hillary - 37%
Biden - 41%
Harris - 42%

So.....wait a minute.......Obama got MORE OF THE WHITE VOTE than Gore or Kerry did? And anyone who wishes to say "but it dropped in four years because racists" needs to note Obama's share of the black vote also declined by 2% in 2012 (presumably racist blacks who hate blacks). He got more of the white vote than Hillary or Biden, too. The two highest shares of the white vote for Democratic President in the last 20 years have been attained by the two black candidates.

I'm sorry, but that just doesn't sound overly racist to me. Furthermore, Trump got the highest percentage of the black vote in 2024 (13%) than any Republican since Reagan in 1980.

It's a narrative, like the "Southern strategy". It may have elements of truth to it, but it's still another in the long list of Democratic "we lost because the voters are racist", which feels better than "we got rejected at the polls." And lest anyone think I'm picking on them, the Republican version is "but if Perot had not run, Bush would have won."

That's not to say you cannot point me to individual cases where there ARE people like you're saying above. THERE ARE. But the idea that they constitute enough of the voters to swing an election - much less that enough of them live in swing states - is absurd.

Let me be blunt because I haven't seen this particular aspect covered in detail: Hillary's loss in the key swing states was due LARGELY to what happened in October 2016, and I don't mean the Access Hollywood tape.

detroitnews.com/story/news/local/michigan/2016/10/18/affordable-care-act-rate-increase/92382578/

Michigan consumers will pay an average of 16.7 percent more for individual insurance plans starting in January, according to new premium rates announced this week by the Michigan Department of Financial and Insurance Services.

Regulators: Pennsylvania health insurance premiums to rise – Daily Local

(This was updated but the original date is October 18, 2016)

State regulators say the cost of health insurance premiums will be going up sharply next year for residents who buy individual plans.

The state Department of Insurance said Monday that insurance company rates, based on requests for 2017, include an average increase of 32.5 percent for individual plans and 7.1 percent for small group plans.



Nobody wants to say it, but people got angry over rising health care premiums that only happened because of Obamacare. I made a comment to my Oregon bud at the time that if Trump was even a minimally respectable candidate, this sudden "October surprise" would be enough to get him elected. As it turned out, it was enough to get him elected anyway.

But "Republicans are racist" is a whole lot easier than admitting "we lied about healthcare."
My Healthcare costs were rising at double digit percentages every year well before Obama was elected. And the ACA did finally create plans that allowed people who could not afford insurance before to get into some kind of plan.
Looking at the data, I don't see a massive bump year over year in healthcare expenses after 2010, in fact I see a slow down until more recently. Now our health care costs are absurd, but that is an entirely different discussion.


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Tidewater

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And THAT is why the Laffer curve on a napkin is so dang popular with the Country Club circuit. It's been shown to be incorrect over and over, but yet the Trickle Down lie keeps getting repackaged because it helps make rich people/donors slightly or feel slightly richer.

[/URL]
The Laffer Curve has not been "disproven" any more than y=2x+4 has been "disproven." The Laffer Curve is just a curve. Where we are on that curve is the question.
If the federal government were to tax incomes at the rate of 1% per annum, then it seems likely that raising that tax rate to 2% would increase total federal revenues.
At some point, however, increasing tax rates will smother economic activity to the point that it decreases economic activity and actually reduces federal revenues.
FDR in 1942 set the top marginal income tax rate in the US at 100%. Congress increased federal revenues by reducing the top marginal rate to 97%.
At some point on that curve is the "federal revenue maximizing" point. Once at that point on the curve, if you either raise or lower tax rates, you will reduce tax revenues. It all depends on where you are on the curve.
 

Jon

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Its On A Slab

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Huckleberry

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Huckleberry

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Canadian, American unions urging U.S. Senators to vote to overturn Trump's tariffs

Unions on both sides of the border are calling on American senators to vote in favour of legislation to overturn U.S. President Donald Trump’s tariffs on Canadian goods.

The U.S. Senate is expected to vote Tuesday on a joint resolution led by Democrat Sen. Tim Kaine that would terminate the national emergency Trump declared in order to justify 25 per cent tariffs on most imports from Canada.




Please note that Rand Paul is a cosponsor of this resolution.

1743454359349.png
 

cbi1972

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And most of this was spurred by the Republicans in retaliation for the nation electing Obama as President. In their mind the cardinal sin was committed in electing a black minority as President.
Until the left abandons this way of thinking, they will continue to wonder why they lost elections. The cardinal sin is committing false accusations.
 

JDCrimson

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You're probably right. But I encountered enough of a sample size of people in my walk of life from 2008-2016 that certainly and admittedly felt this way about Obama. And it was a sentiment more widespread in Alabama than we would care to admit...

I concur on this point. Let's be honest: the Republicans have spent the last 50 years tracing everything wrong in the world to "the 60s." Of course, the Democrats have countered by telling us all that everything wrong in the world is due to "the 80s and Ronald Reagan," too.



Respectfully towards you, I think this narrative (that I've seen for years out there) is complete nonsense. It's just another back door way of saying "Republicans have always been racist and looky here!" This narrative began on Election Night 2016 when Van Jones referred to Trump's win as a whitelash.

Except here's the problem: those same "racist" voters DO support conservative blacks like Tim Scott. Sure, he was appointed - he's also been reelected a few times by the voters of the state where the Civil War began. The Republicans nominated a black (kook) candidate for Senate in Georgia and voted for him as well. This whole "Obama broke them" nonsense - in my view - is the same kind of propaganda that (and I agree with you up to a point on this) you're talking about.

WHITE VOTE
Carter 1980 - 36%
Mondale - 34%
Dukakis - 40%
Clinton 92 - 39%
Clinton 96 - 44%
Gore - 42%
Kerry - 41%
Obama 08 - 43%
Obama 12 - 39%
Hillary - 37%
Biden - 41%
Harris - 42%

So.....wait a minute.......Obama got MORE OF THE WHITE VOTE than Gore or Kerry did? And anyone who wishes to say "but it dropped in four years because racists" needs to note Obama's share of the black vote also declined by 2% in 2012 (presumably racist blacks who hate blacks). He got more of the white vote than Hillary or Biden, too. The two highest shares of the white vote for Democratic President in the last 20 years have been attained by the two black candidates.

I'm sorry, but that just doesn't sound overly racist to me. Furthermore, Trump got the highest percentage of the black vote in 2024 (13%) than any Republican since Reagan in 1980.

It's a narrative, like the "Southern strategy". It may have elements of truth to it, but it's still another in the long list of Democratic "we lost because the voters are racist", which feels better than "we got rejected at the polls." And lest anyone think I'm picking on them, the Republican version is "but if Perot had not run, Bush would have won."

That's not to say you cannot point me to individual cases where there ARE people like you're saying above. THERE ARE. But the idea that they constitute enough of the voters to swing an election - much less that enough of them live in swing states - is absurd.

Let me be blunt because I haven't seen this particular aspect covered in detail: Hillary's loss in the key swing states was due LARGELY to what happened in October 2016, and I don't mean the Access Hollywood tape.

detroitnews.com/story/news/local/michigan/2016/10/18/affordable-care-act-rate-increase/92382578/

Michigan consumers will pay an average of 16.7 percent more for individual insurance plans starting in January, according to new premium rates announced this week by the Michigan Department of Financial and Insurance Services.

Regulators: Pennsylvania health insurance premiums to rise – Daily Local

(This was updated but the original date is October 18, 2016)

State regulators say the cost of health insurance premiums will be going up sharply next year for residents who buy individual plans.

The state Department of Insurance said Monday that insurance company rates, based on requests for 2017, include an average increase of 32.5 percent for individual plans and 7.1 percent for small group plans.



Nobody wants to say it, but people got angry over rising health care premiums that only happened because of Obamacare. I made a comment to my Oregon bud at the time that if Trump was even a minimally respectable candidate, this sudden "October surprise" would be enough to get him elected. As it turned out, it was enough to get him elected anyway.

But "Republicans are racist" is a whole lot easier than admitting "we lied about healthcare."
 
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crimsonaudio

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That didn't take long. A candidate elected to end current wars and avoid new ones, Donald Trump as president has significantly escalated the war on Yemen and is now threatening to attack Iran. He is also threatening Russia (again) with punitive tariffs. What is it about the White House that turns every resident into a warmonger?

 

bamaga

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That didn't take long. A candidate elected to end current wars and avoid new ones, Donald Trump as president has significantly escalated the war on Yemen and is now threatening to attack Iran. He is also threatening Russia (again) with punitive tariffs. What is it about the White House that turns every resident into a warmonger?

The problem is Everyone telling POTUS he is the most powerful man in the world. True or not True, Some try to live up to the billing. Weak minds corrupted by power. Some weaker than others.
 
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Huckleberry

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Trump Administration concedes Maryland father from El Salvador was mistakenly deported and sent to mega prison

The Trump administration conceded in a court filing Monday that it mistakenly deported a Maryland father to El Salvador “because of an administrative error” and argued it could not return him because he’s now in Salvadoran custody.



This is what happens when things are done for political effect rather than in a careful and considered manner. As is the case with the haphazard spending cuts, innocent people are suffering because of Trump’s incompetence and his supporters lack of empathy. Humanity doesn’t enter into the MAGA equation.
 

Tidewater

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I'd like to congratulate President trump, he has done the impossible

He has brought together China, Japan and SOuth Korea. I guess all they needed was a common enemy, us and stupid trade policies.


oh, and this is terrible for the US
That didn't take long. A candidate elected to end current wars and avoid new ones, Donald Trump as president has significantly escalated the war on Yemen and is now threatening to attack Iran. He is also threatening Russia (again) with punitive tariffs. What is it about the White House that turns every resident into a warmonger?

The War Department is a compliant tool.
You close down USAID and USAID sues back.
You tell State to pursue this goal or that, and State slow-rolls you.
Tell the Pentagin, "Bomb those guys, " and the response is "Moving!"
 
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Crimson1967

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I’m not a lawyer but I do think a third term for Trump is legally possible.

The 22nd amendment says nobody can be elected more than twice. So obviously he can’t be at the top of the ticket again or even benefit from a mass write-in campaign. But there are a couple ways around it.

While it says he can’t be elected again, it doesn’t say he can’t serve as president again. The 12th amendment says nobody who is ineligible to be president can serve as VP, but again nothing says he can’t be president, he just can’t be elected.

So the GOP could nominate Vance for president (or anyone but using him for simplicity) and Trump as his running mate. Then if they win and Vance could resign and we get Trump49.

Of course, Vance would have to agree to this. He could get appointed as VP but that requires approval by both houses of Congress and if the Democrats control one of the houses that won’t be easy. He would only be 44 at the time so he could still run again in 2032 but could only be elected once. But he gets lifetime benefits of a former president for his five minute term so it’s not a total loss.

He could also get himself elected Speaker and then move up through a double resignation but that would require more people agreeing to give up their job for him plus the GOP would have to control the House and that’s no guarantee in advance.

He could also be appointed Chief of Staff or be a “top advisor” and be the power behind the throne. But not actually being president denies him access to certain things plus he wouldn’t have the status on the world stage as the actual president and he wouldn’t stand for that.

He will also be older than Biden is now when he starts this hypothetical third term but age won’t be a concern for the Trumpies.

All this is a bit of a stretch but this post isn’t an April Fools joke. The Trump cult is the only group who would go along with this. I don’t think it will happen but I wouldn’t bet against it.
 

CrimsonJazz

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Trump Administration concedes Maryland father from El Salvador was mistakenly deported and sent to mega prison

The Trump administration conceded in a court filing Monday that it mistakenly deported a Maryland father to El Salvador “because of an administrative error” and argued it could not return him because he’s now in Salvadoran custody.



This is what happens when things are done for political effect rather than in a careful and considered manner. As is the case with the haphazard spending cuts, innocent people are suffering because of Trump’s incompetence and his supporters lack of empathy. Humanity doesn’t enter into the MAGA equation.
This is just plain weird. Court documents about this guy are making the rounds now and it appears that he was not only here illegally, he was also an MS-13 gang member. So they accidently snagged the type of individual they are trying to get out of here? What are the odds?

 
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