Trump's Economic Plan

[Calculus Man]

Reports are coming out that Trump may delay his infrastructure investment until 2018. So there's some red meat for ya BroGrump. Trump is putting off a campaign promise.

Personally, I'm fine with this. I like infrastructure repair, but we've seen with BHOs hasty implementation of 'Shovel Ready' jobs program led to a lot of waste and corruption.

Honestly, this is the biggest threat to Trump's success that I see on the horizon. His legacy is obviously dependent on how the economy performs, and I don't see how we are going to get substantial growth with just tax cuts and TrumpCare.

Infrastructure should have been the first priority.

[adwinistrator]

I now remember the time that I said all the infrastructure I see is fine, and trech linked me to pictures of the road where he lives that look like Aleppo.

That's usually local/state gov't responsibility.

Figured I'd post this, as it relates to the bit of the previous discussion we had going on...

Reuters - Oil slips nearly 1 percent on concerns over rising U.S. output (2/24/17)

Oil prices fell about 1 percent on Friday as worries about rising U.S. supplies outweighed OPEC pledges to boost compliance with output curbs.

But crude prices were on track for a weekly rise as traders have begun to pull out barrels from pricey storage, with physical markets showing signs of tightening.

U.S. drillers added oil rigs for a sixth consecutive week, extending a nine-month recovery, energy services firm Baker Hughes Inc (BHI.N) said. [RIG/U]

Prices were also pressured by book squaring ahead of the weekend and upcoming Feb. 28 expirations in Brent futures for April delivery, heating oil for March delivery HOc1, and March RBOB gasoline RBc1, analysts and traders said.

Brent crude oil LCOc1 settled down 59 cents, or 1.04 percent, at $55.99 a barrel, while U.S. West Texas Intermediate CLc1 ended the session 46 cents lower at $53.99 a barrel.

However, both benchmarks notched a weekly gain of about 1.1 percent.

"The oil market remains focused on the global rebalancing act, with attention centred on OPEC compliance and U.S. production growth," said Michael Tran, director of energy strategy at RBC Capital Markets in New York.

"The push-pull situation between stock draws relative to price-elastic U.S. shale remains paramount to the rebalance."

Prices tumbled over the last two sessions after government data showed U.S. crude inventories rose for a seventh straight week. [EIA/S] But they have been supported within a tight $4 to $5 range since November, when the Organization of the Petroleum Exporting Countries (OPEC) and other producers agreed to cut production.

OPEC's record compliance with the deal has surprised the market, and the biggest laggards, the United Arab Emirates and Iraq, have pledged to catch up with their targets.

The International Energy Agency put OPEC's average compliance at a record 90 percent in January, and based on a Reuters average of production surveys, it stands at 88 percent.

However, exports from the United States, which is not part of the deal, hit a record high of 1.2 million barrels per day (bpd) last week and production rose to above 9 million bpd, the highest since April, the U.S. Energy Administration Agency said.

The surge in U.S. exports is opportunistic, said Sandy Fielden, director of oil and products research at Morningstar.

Traders were draining the priciest U.S. storage tanks and selling oil held in tankers due to rising prices of oil for near-term delivery.

Analysts at LBBW cut their year-end Brent price forecast by $5 to $55 a barrel, citing U.S. production growth and technical factors.

"Most market participants realise that the good news from OPEC seems to be priced in," said LBBW oil analyst Frank Klumpp.

[Alexander PhiAlipson]

Honestly, this is the biggest threat to Trump's success that I see on the horizon. His legacy is obviously dependent on how the economy performs, and I don't see how we are going to get substantial growth with just tax cuts and TrumpCare.

Infrastructure should have been the first priority.

Seriously?
How much federal infrastructure can he personally affect with a stroke of the pen? What do you want done? Have you driven across the country lately? It's not bad at all. If you don't like shitty roads, stay on the interstates.
Just what the fuck is a first priority--is that something more impotanter than something else?

[Speaker to Animals]

His success will depend upon whether he destroys the democratic party as a national political force. All this other stuff is fluff. If you still want a republic where we all get along and don't decide to kill each other for hegemonic domination, the democratic party has to be annihilated.

The people on the left who still believe in liberalism, freedom, and coexistence need to make like David Ruben and quit that evil political institution right the fuck now. We are a lot closer to deadly violence than many seem to believe.



The democratic party has become an enemy of the republic at this point. You choose to disbelieve that at your own peril.

[SuburbanFarmer]

His success will depend upon whether he destroys the democratic party as a national political force. All this other stuff is fluff. If you still want a republic where we all get along and don't decide to kill each other for hegemonic domination, the democratic party has to be annihilated.

The people on the left who still believe in liberalism, freedom, and coexistence need to make like David Ruben and quit that evil political institution right the fuck now. We are a lot closer to deadly violence than many seem to believe.



The democratic party has become an enemy of the republic at this point. You choose to disbelieve that at your own peril.

You're such a good totalitarian.

[Calculus Man]

Honestly, this is the biggest threat to Trump's success that I see on the horizon. His legacy is obviously dependent on how the economy performs, and I don't see how we are going to get substantial growth with just tax cuts and TrumpCare.

Infrastructure should have been the first priority.

Seriously?
How much federal infrastructure can he personally affect with a stroke of the pen? What do you want done? Have you driven across the country lately? It's not bad at all. If you don't like shitty roads, stay on the interstates.
Just what the fuck is a first priority--is that something more impotanter than something else?

lol, yeah, seriously. I'm talking about legislative priorities. Trump and the Congressional Republicans have made it clear that they are going to tackle Obamacare and tax reform before infrastructure. Given the complexity of those issues, I am doubtful as to whether we'll see an infrastructure bill before the midterms. I didn't say anything about Trump doing it himself...I'm just pointing out that I believe he will be judged based on jobs and economic growth.

I see your point about the slight redundancy of the term "first priority", but what exactly are you trying to prove? It's pretty common to describe people as having multiple priorities. If you have more than one, it makes sense to use an adjective to describe which one comes before the others. There is literally a faith organization called "First Priority".

[Calculus Man]

His success will depend upon whether he destroys the democratic party as a national political force. All this other stuff is fluff. If you still want a republic where we all get along and don't decide to kill each other for hegemonic domination, the democratic party has to be annihilated.

The people on the left who still believe in liberalism, freedom, and coexistence need to make like David Ruben and quit that evil political institution right the fuck now. We are a lot closer to deadly violence than many seem to believe.

[video]

The democratic party has become an enemy of the republic at this point. You choose to disbelieve that at your own peril.

Interesting. How do you think Trump accomplishes this? How do we help accomplish this?

[Alexander PhiAlipson]

Trump and the Congressional Republicans have made it clear that they are going to tackle Obamacare and tax reform before infrastructure. Given the complexity of those issues, I am doubtful as to whether we'll see an infrastructure bill before the midterms. I didn't say anything about Trump doing it himself...I'm just pointing out that I believe he will be judged based on jobs and economic growth.

The best thing Trump can possibly do is to help provide the nation with a more laissez faire atmosphere concerning the private sector. The fact that we're compelled to distinguish between the private and public sectors is a huge problem in itself. Incentivising competition alone may go a long way towards rebuilding America's infrastructure. His complaints about our nation's airports are valid (I've never been afraid of flying, but the showing up hours early, waiting in line only to wait longer on the tarmac, and forgoing the fucking peanuts because someone, on some flight, somewhere, may be allergic, has become insufferable.) The President cannot simply fix all the airports by throwing cash at them--the best he can do--by my way of thinking--is get out of the way; I'm fortunate enough to have a choice of major airports, and some I avoid to the best of my ability. Let's give Trump at least a little credit for not campaigning on shovel-ready shit--shall we?
And I will judge him on jobs and economic growth!
Priority--USA! USA! USA! First put on your own oxygen mask, then you help your neighbors with theirs.

[Okeefenokee]

I love that calculus man came out of the shadows. The rest of you should do likewise. I never understood lurking.

[skankhunt42]

His success will depend upon whether he destroys the democratic party as a national political force. All this other stuff is fluff. If you still want a republic where we all get along and don't decide to kill each other for hegemonic domination, the democratic party has to be annihilated.

The people on the left who still believe in liberalism, freedom, and coexistence need to make like David Ruben and quit that evil political institution right the fuck now. We are a lot closer to deadly violence than many seem to believe.



The democratic party has become an enemy of the republic at this point. You choose to disbelieve that at your own peril.

Settle down Francis.