I doubt the plan would stay that way. It will change multiple times, although I think CA being taken out of the picture is a smart move on Trump.apeman wrote:http://www.zerohedge.com/news/2017-03-1 ... texas-hardThe U.S. Border Tax Would Hit Texas Hard
According to The Dallas Morning News contributor Richard Parker – who is also the author of ‘Lone Star Nation: How Texas Will Transform America’ – the border tax plan would basically transfer around $1 trillion from the companies importing goods in the big importing states to the less competitive Midwest. And Texas, being one of the top international trading and importing states alongside California, Florida and New York, would likely lose.
Trump's Economic Plan
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Re: Trump's Economic Plan
#NotOneRedCent
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Re: Trump's Economic Plan
Like I said... never gonna happen.apeman wrote:http://www.zerohedge.com/news/2017-03-1 ... texas-hardThe U.S. Border Tax Would Hit Texas Hard
According to The Dallas Morning News contributor Richard Parker – who is also the author of ‘Lone Star Nation: How Texas Will Transform America’ – the border tax plan would basically transfer around $1 trillion from the companies importing goods in the big importing states to the less competitive Midwest. And Texas, being one of the top international trading and importing states alongside California, Florida and New York, would likely lose.
If it somehow does, it's shooting ourselves in the foot.
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Re: Trump's Economic Plan
Trump has people's confidence in the economy growing and the market is reflecting that. The animal spirits can create self fulfilling prophecies, in many ways the economy is run on smoke and mirrors and Trump is exploiting his ability to influence the psychology of the masses as much as he can to make himself look good.GrumpyCatFace wrote:Exactly. This is euphoria.
This is when you A) Sell your shit and wait, or B) Short the market.
I'll take Option B.
Last edited by StCapps on Wed Mar 15, 2017 1:22 pm, edited 1 time in total.
*yip*
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Re: Trump's Economic Plan
That's a really good thing... for a while. Then what?StCapps wrote:Trump has people's confidence in the economy growing and the market is reflecting that. The animal spirits can create self fulfilling prophecies, in many ways the economy is run on smoke and mirrors and Trump is exploiting this as much as he can to make himself look good.GrumpyCatFace wrote:Exactly. This is euphoria.
This is when you A) Sell your shit and wait, or B) Short the market.
I'll take Option B.
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Re: Trump's Economic Plan
Then hopefully someone comes up with a sweet economic plan that gets passed and greases the economic wheels even more. Otherwise Trump when things aren't going quite so well Trump will have to use his skills to influence people into thinking that the economy isn't that bad and will turn around at any moment. So far his ability to harness the animal spirits to his advantage is quite impressive, but the sample size is quite small and there is no guarantee that trend will hold.GrumpyCatFace wrote:That's a really good thing... for a while. Then what?
Last edited by StCapps on Wed Mar 15, 2017 1:26 pm, edited 1 time in total.
*yip*
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Re: Trump's Economic Plan
I actually laughed out loudStCapps wrote:Then hopefully someone comes up with a sweet economic plan that gets passed and greases the economic wheels even more.
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Re: Trump's Economic Plan
Yeah. We should totally run the global economy on charisma and good looks. Wow.StCapps wrote:Then hopefully someone comes up with a sweet economic plan that gets passed and greases the economic wheels even more. Otherwise Trump will have to use his skills to influence people into thinking the economy isn't that bad and will turn around any moment when things aren't going quite so well.GrumpyCatFace wrote:That's a really good thing... for a while. Then what?
Spring can't come soon enough. I gotta till the garden.
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Re: Trump's Economic Plan
Well I didn't say that it was all that likely.apeman wrote:I actually laughed out loudStCapps wrote:Then hopefully someone comes up with a sweet economic plan that gets passed and greases the economic wheels even more.
*yip*
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Re: Trump's Economic Plan
It's not the only thing to run on an economy on, but it sure as fuck helps. Influencing crowd psychology can have a big effect on the economy, Keynes knew. The ability of the bully pulpit to persuade people to believe in a certain economic outlook has a huge impact on how well the markets are doing, and any president should use that leverage to aid the economy to the best of their abilities.GrumpyCatFace wrote:Yeah. We should totally run the global economy on charisma and good looks. Wow.
Spring can't come soon enough. I gotta till the garden.
Last edited by StCapps on Wed Mar 15, 2017 1:35 pm, edited 1 time in total.
*yip*
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Re: Trump's Economic Plan
I agree. It does have an effect. It's having an effect.StCapps wrote:It's not the only thing to run on an economy on, but it sure as fuck helps. Influencing crowd psychology can have a big effect on the economy, Keynes knew.GrumpyCatFace wrote:Yeah. We should totally run the global economy on charisma and good looks. Wow.
Spring can't come soon enough. I gotta till the garden.
That is not a good plan.