Just what has he done, that, has or will improve the lives of US citizens?

That doesn't matter, what does is the lives of the oligarchs. The hypothesis he is selling the unwashed masses is that it will trickle down. Obviously that has never happened but empirical evidence does not matter to them, they distrust facts, but they trust how they feel.

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Just what has he done, that, has or will improve the lives of US citizens?

That doesn't matter, what does is the lives of the oligarchs. The hypothesis he is selling the unwashed masses is that it will trickle down. Obviously that has never happened but empirical evidence does not matter to them, they distrust facts, but they trust how they feel.

Even if they know that their feelings are wrong to start with. ;-)

Cheers.

Just what has he done, that, has or will improve the lives of US citizens?

That doesn't matter, what does is the lives of the oligarchs. The hypothesis he is selling the unwashed masses is that it will trickle down. Obviously that has never happened but empirical evidence does not matter to them, they distrust facts, but they trust how they feel.

Even if they know that their feelings are wrong to start with. ;-)

That just makes their feelings stronger.

Got a question, simple one really. If a law is passed in year 10 and a law saying something else is passed in year 15, it is year 20 now, which law is followed? The one passed first or last?

Just what has he done, that, has or will improve the lives of US citizens?

That doesn't matter, what does is the lives of the oligarchs. The hypothesis he is selling the unwashed masses is that it will trickle down. Obviously that has never happened but empirical evidence does not matter to them, they distrust facts, but they trust how they feel.

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.

Just what has he done, that, has or will improve the lives of US citizens?

That doesn't matter, what does is the lives of the oligarchs. The hypothesis he is selling the unwashed masses is that it will trickle down. Obviously that has never happened but empirical evidence does not matter to them, they distrust facts, but they trust how they feel.

Even if they know that their feelings are wrong to start with. ;-)

That just makes their feelings stronger.

Got a question, simple one really. If a law is passed in year 10 and a law saying something else is passed in year 15, it is year 20 now, which law is followed? The one passed first or last?

IMO it should be the first one, because the second one should have repealed and replace the first one, but it didn't. So the first one still stands.
But no doubt it will depend on the leaning of whichever court makes the final decision. If goes all the way to the supreme court, then it's the one the Republicans voted for.

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.

They will feel it is Obama"s fault.

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Just what has he done, that, has or will improve the lives of US citizens?

That doesn't matter, what does is the lives of the oligarchs. The hypothesis he is selling the unwashed masses is that it will trickle down. Obviously that has never happened but empirical evidence does not matter to them, they distrust facts, but they trust how they feel.

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.

Won't just be deals, they will declare the US "dumping" or some such and ban trade or triple taxes on trade with the US. No matter which way it is going to hurt the US big. Make US irrelevant.

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.

They will feel it is Obama"s fault.

As constantly shown by the Never and Always Trumper's in this Subject.

Both sides accuse the other President if the economy goes bad.

Both sides champion their President if the economy is good/expanding.

Throughout history. Has always been, is now, and will always be.

You are missing the point, we are not looking at what the effects are now but what they will be like in the coming years if 45 and the GOP proposals go through. The agencies that monitor the proposals by 45 and the Republicans all say just about everything they have proposed will not work . And in most cases make the life of everyone whose household income is below $100,000 worse.
The ACA reforms that got rejected would have removed health insurance from about 100 million people.
The tax reforms may initially look like some working people will be better off, is only a short term thing as reported by the Congressional Budget Office.
https://www.washingtonpost.com/news/wonk/wp/2017/11/26/senate-gop-tax-bill-hurts-the-poor-more-than-originally-thought-cbo-finds/?hpid=hp_hp-top-table-main_cbo-tax-915pm%3Ahomepage%2Fstory&utm_term=.6b9de4577170
45 didn't stop any Carrier jobs going south of the border, coal jobs are never coming back, but out of work miners are refusing to retrain because of 45's promises, so new jobs in other industries are not going to be created in the Appalachian coal mining region. There are many stories that cancelling NAFTA etc. will not only create immediate problems for US businesses but knock on problems for others as well. One example is agriculture directly with loss of wheat exports to Mexico, which will the cause slump in orders for Deere, Caterpillar etc. and there are many others like the vehicles industry and probable cancellation or non-placement of defense contracts with US firms.

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.


They will feel it is Obama"s fault.

Amazing how you have such a clear view of the future..........'the sky is falling.....the sky is falling......." and I watch my IRA grow and grow and grow........the only jobs disappearing are in DC.

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"Sour Grapes make a bitter Whine." <(0)>

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.


They will feel it is Obama"s fault.

Amazing how you have such a clear view of the future..........'the sky is falling.....the sky is falling......." and I watch my IRA grow and grow and grow........the only jobs disappearing are in DC.

How did Einstein describe things when people repeat something hoping that this time there is a different result. Trickle down.

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.


They will feel it is Obama"s fault.

Amazing how you have such a clear view of the future..........'the sky is falling.....the sky is falling......." and I watch my IRA grow and grow and grow........the only jobs disappearing are in DC.

Yes, the Obama Bull Market has run its course. Cash is King. You haven't figured it out yet. Be ready to lock in your losses on your IRA at the bottom of the market like all the little people.
<ed>Average Bull Market lasts 9 years, we have 8.6 on this one now.

Yes, the Obama Bull Market has run its course. Cash is King. You haven't figured it out yet. Be ready to lock in your losses on your IRA at the bottom of the market like all the little people.

It's really quite simple, the fed lowered the interest rate to near zero as a way to counter the great recession.
Money has to go somewhere and stocks have been paying nothing therefor the money went into the stock market. IMO a bubble has been created, so the real question is where should it be put?
@ Eye Trump did not create this bull market and his proposed policies will not ameliorate the results of it collapsing.

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All markets have corrections, the agile and observant avoid the worst of the decline and later build to new heights..........been that way since the '50s. Add to that the families/individuals who invested in property/homes in the 80s and 90s are also reaping the gains in this 'fake' or 'phantom' economy.

The home I purchased in 1992 has increased 469% in actual appraised value in 25 years, not due to Trump but the present sellers market created by optimism in the economy certainly is.

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"Sour Grapes make a bitter Whine." <(0)>

All markets have corrections, the agile and observant avoid the worst of the decline and later build to new heights..........been that way since the '50s. Add to that the families/individuals who invested in property/homes in the 80s and 90s are also reaping the gains in this 'fake' or 'phantom' economy.

The home I purchased in 1992 has increased 469% in actual appraised value in 25 years, not due to Trump but the present sellers market created by optimism in the economy certainly is.

If you only have one property, how much does a home owner actually gain, it's not like they can sell it to reap the rewards, because they will need to live somewhere and therefore have to buy another property at the inflated prices.

If you only have one property, how much does a home owner actually gain, it's not like they can sell it to reap the rewards, because they will need to live somewhere and therefore have to buy another property at the inflated prices.

Clyde beat me to the same answer. One friend is moving to Costa Rica, another to Belize(both moves being too extreme for my tastes). More reasonably, considering healthcare and other living expenses I and two other friends are looking in the 100 miles around Phoenix Az. Homes being sold in this market at around $1 million can be replaced with the same amenities for around $300,000 with the addition of a pool in Az.

As the old Real Estate adage goes 'Location, Location, Location'........

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"Sour Grapes make a bitter Whine." <(0)>

All markets have corrections, the agile and observant avoid the worst of the decline and later build to new heights..........been that way since the '50s. Add to that the families/individuals who invested in property/homes in the 80s and 90s are also reaping the gains in this 'fake' or 'phantom' economy.

The home I purchased in 1992 has increased 469% in actual appraised value in 25 years, not due to Trump but the present sellers market created by optimism in the economy certainly is.

If you only have one property, how much does a home owner actually gain, it's not like they can sell it to reap the rewards, because they will need to live somewhere and therefore have to buy another property at the inflated prices.

You move from a very expensive housing location in your country to a less expensive housing location. You reap the profits from the sale of the expensive home.

That can work, but it can have financial impact in other areas. Will your income be maintained, frequently cheaper housing also equals lower wages. Or if you might have increased travel costs.

Families are raised, children leave and you sell and move to a less expensive/smaller residence. Then reap the profits from the difference.
People retire and sell. Then move into an even less expensive/smaller residence. You reap the profits from the difference.

Moving to a smaller residence doesn't always mean cheaper residence. Frequently people want to move to a better up-market neighbourhood*, or out to quiet expensive seaside locations.
*Could be in for a shock around here, 3 bed semi in town ~£200k, 2 bed bungalow in villages between 2 and 5 miles away >£350k. Town population is only 15,000 so not a big place.

I and my wife have done all of the above and in the same order.

BTW: The move from expensive New York City to less expensive Florida. Resulted in a sale profit that allowed us to pay cash (no mortgage) for the new family home. One of the reasons retired people move to less expensive Florida while reaping the profits.

BTW 2: Yes... I do understand the different needs and responsibilities of people. Just that we both made the decision and had the ability to change either our occupation, or place of employment in the same occupation.

...Trump did not create this bull market and his proposed policies will not ameliorate the results of it collapsing.

As I have correctly posted many times.

When the Economy is Good/Great. The sitting President takes the credit.

When the Economy is Bad. The sitting President blames the predecessor.

The above also applies to the supporters and detractors of any sitting President.

Well said, Clyde. I agree; a President takes the blame and the credit for whatever is going on.

As for markets and real estate values, they're going to eventually go up, no matter what, unless the government collapses and we change money. I don't give credit or demerits to Presidents for how much my house is worth, today. It's a lot more complicated than who the President is.

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The mind is a weird and mysterious place

Well I hope they, the Trump supporters, "feel" alright when their incomes do not improve or cease altogether, that their taxes increase, that none of these promised jobs appear or are kept in the US, they have no health insurance and living costs increase. Add to that the feeling of paranoia when all foreign countries ignore the US, refuse to support them in any way and go ahead with trade deals among themselves.

They will feel it is Obama"s fault.

As constantly shown by the Never and Always Trumper's in this Subject.

Both sides accuse the other President if the economy goes bad.

Both sides champion their President if the economy is good/expanding.

Throughout history. Has always been, is now, and will always be.

+1

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Bob DeWoody

My motto: Never do today what you can put off until tomorrow as it may not be required. This no longer applies in light of current events.

Yes, the Obama Bull Market has run its course. Cash is King. You haven't figured it out yet. Be ready to lock in your losses on your IRA at the bottom of the market like all the little people.

It's really quite simple, the fed lowered the interest rate to near zero as a way to counter the great recession.
Money has to go somewhere and stocks have been paying nothing therefor the money went into the stock market. IMO a bubble has been created, so the real question is where should it be put?
@ Eye Trump did not create this bull market and his proposed policies will not ameliorate the results of it collapsing.

I need to correct this post I said

Money has to go somewhere and stocks have been paying nothing

when I meant to say: Money has to go somewhere and bonds have been paying nothing .
Now it makes sense.

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After my dad died in 1982, one of the reasons my mother was able to pay for me to go to a good private Catholic high school was because she took his lump sum pension money and invested it, and Certificates of Deposit were paying double digit interest in those days, too. You could say Jimmy Carter's Presidency caused good financial things to help me, back then, but is that true? No, I don't think so. During Jimmy Carter's presidency, interest rates were high, and my mother made good money from that, but Ronald Reagan came along and my mother's interest rate returns went down. Reagan's presidency also meant a reduction in benefits for widows with children, which was exactly what I was, so my mother was never happy with Mr. Reagan.

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The mind is a weird and mysterious place