Home › Forums › Financial Markets/Economics › Trump presidency predictions
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December 9, 2016 at 12:04 PM #804384December 9, 2016 at 12:05 PM #804385CoronitaParticipant
[quote=AN][quote=FlyerInHi]I agree, zk. Trumpismo is pretty much the beginning of the end of american exceptionalism which is ironic because Trumpistas voted for America First.[/quote]Total BS. American Exceptionalism can’t be killed by one man. That’s the same BS that the right wing nut job have been peddling for the last 8 years.
Here’s my prediction…
– Housing: more expensive
– Income: higher
– Rent: higher
– Stock: higher
– Inflation: higher
– Labor participation: higher
– Standard of living: better than it is today[/quote]I think I would agree with you except I would add the one thing. The wealth gap is gonna get a lot wider too. Note to self. Don’t fall down, or you are going to get left behind.
December 9, 2016 at 12:15 PM #804386spdrunParticipantlivinincali: All environmental regulations can be seen as artificial constraints on growth. What good is economic growth if we make the Earth (or certain parts of it) inhospitable to humans?
BTW- I’d much rather live a quarter mile from a nuclear power plant than from a coal mine, coal power plant, or frack field. Why? Because I understand science and risk.
Problem with this country is lack of education and opportunities for education. People don’t understand risk. People think that solar is some sort of grand conspiracy to control them. And Trump, by hiring someone who’s anti-public education for the Department of Ed, will actually make this shituation worse.
You’ll have people allowed to opt out of a scientifically rigorous education for their kids, in favor of Jeebus-jumper Bible-thumper larnin’, and the cycle will continue.
December 9, 2016 at 12:20 PM #804387spdrunParticipantflu and AN: is our standard of living really increasing? Sure, people can call up the latest conspiracy theory and fake news on a little slab of glass and be on call with their boss 24/7. But do we have more free time than we had 20 years ago? Do we travel more? Spend more time with our families?
Is inflation-adjusted pay higher? Has life expectancy even increased much? You’re confusing TOYS that add very little to human existence with a standard of living.
December 9, 2016 at 12:21 PM #804389FlyerInHiGuest[quote=livinincali] I honestly don’t think who is US president can really effect that much change into today’s economy or policy. Maybe to some degree but not as much as people think. [/quote]
Several things would help the middle middle and lower middle to working classes.
Free government run health care
Free preschool
Free collegeThe benefits would be most helpful to people who can’t really save or are not professional enough to demand good fringe benefits from their employers.
So, yeah, good policies can help. But people have got to want them.
December 9, 2016 at 12:25 PM #804390spdrunParticipant^^^
Trump has talked big in the past about the above, but his appointments for Cabinet aren’t likely to further such policies.
December 9, 2016 at 12:33 PM #804388scaredyclassicParticipant[quote=njtosd][quote=scaredyclassic]because hes so fat. hes very fat. too fat to be president. 5th fattest president ever as of now. will be in top 3, maybe fattest ever. hes a pig. the media talked about christies fat, but donalds fat is hiding in plain sight. hes an unhealthy rotund slob.
fat shamer be shamed!
infowars v. wapo. why is the onion getting scoops like this and beating out major mediaoutlets?
http://www.theonion.com/article/donald-trump-stares-forlornly-at-tiny-aged-penis-i-28589%5B/quote%5D
Hmm – yes, he is fat. But Hillary has gone in that direction over the last few years – she’s certainly no Elizabeth Warren. If your issue is hypocrisy – politics has a lot of low hanging fruit.[/quote]
hillary was fat, so donald fat hillary fat not a good story
now that we have the FATTEST PRESIDENT in our lifetimes, his lardness should be newsworthy, just like christies flab was news and mockworthy.
trump vote was a big f u to the establishment, but now that he is the establishment, with a goldman sachs sponsored presidency, he should be mercilessly ridiculed from day one. how do we know he was even born in the us?
December 9, 2016 at 12:56 PM #804391AnonymousGuestDo we have a metric for standard of living?
At least scaredey’s assessment of Trump’s weight is measurable.
Piggs are supposed to be about the numbers.
December 9, 2016 at 1:04 PM #804392FlyerInHiGuest[quote=spdrun]flu and AN: is our standard of living really increasing? Sure, people can call up the latest conspiracy theory and fake news on a little slab of glass and be on call with their boss 24/7. But do we have more free time than we had 20 years ago? Do we travel more? Spend more time with our families?
Is inflation-adjusted pay higher? Has life expectancy even increased much? You’re confusing TOYS that add very little to human existence with a standard of living.[/quote]
By GDP and the material stuff we can buy, then yes, standard of living is up. Economists consider that more goods, or even an improvement in products result in higher standards of living. For example, we enjoy higher standards of living when innovation and productivity can produce a programmable coffee maker for the same or lower inflation adjusted price as a manual coffee maker of years past. That’s the definition, so we need to use it.
I sometimes talk to a long time Chinese friend now in her 40s. She told me about the communist old days of her youth when, despite all the privation and other problems, there was camaraderie and people would get together to sing propaganda songs. Now everyone thinks about money first.
So I asked “would you give up your million dollar condo and your gucci handbags for some of the past social closeness?” The answer is a resounding NO.
spd, you’re smart to want good social policies. If university education were free, then parents could relax and take it easy a little without worrying that their kids would be deprived of opportunities (or have to take on massive debts they may not pay back to go to college).
December 9, 2016 at 1:07 PM #804393spdrunParticipantA programmable coffee maker still needs to be prefilled with coffee and water to be ready to make coffee. Not convinced that not having to push a button on the way to the bathroom in the morning actually saves any time over pushing it.
Much of the electronic tech that has come out recently is utter gimmick-laden shit.
December 9, 2016 at 2:06 PM #804394anParticipant[quote=flu][quote=AN][quote=FlyerInHi]I agree, zk. Trumpismo is pretty much the beginning of the end of american exceptionalism which is ironic because Trumpistas voted for America First.[/quote]Total BS. American Exceptionalism can’t be killed by one man. That’s the same BS that the right wing nut job have been peddling for the last 8 years.
Here’s my prediction…
– Housing: more expensive
– Income: higher
– Rent: higher
– Stock: higher
– Inflation: higher
– Labor participation: higher
– Standard of living: better than it is today[/quote]I think I would agree with you except I would add the one thing. The wealth gap is gonna get a lot wider too. Note to self. Don’t fall down, or you are going to get left behind.[/quote]I totally agree with that as well.
December 9, 2016 at 2:11 PM #804395anParticipant[quote=zk][quote=AN]
Here’s my prediction…
– Housing: more expensive
– Income: higher
– Rent: higher
– Stock: higher
– Inflation: higher
– Labor participation: higher
– Standard of living: better than it is today[/quote]Interesting predictions. Just for the record, when you say better standard of living, are you including the middle class in that?[/quote]Yes, everyone. Uber, Amazon, more life saving drugs, nanotech, AI, etc. All of those will be accessible to everyone. That’s what I mean why better standard of living. Science will progress and there will be break throughs that will dramatically improve people’s living standard.
December 9, 2016 at 2:13 PM #804396anParticipant[quote=spdrun]A programmable coffee maker still needs to be prefilled with coffee and water to be ready to make coffee. Not convinced that not having to push a button on the way to the bathroom in the morning actually saves any time over pushing it.
Much of the electronic tech that has come out recently is utter gimmick-laden shit.[/quote]Here’s another prediction, your (spdrun) living standard will be worse. Since all the things that you think are shit is what will be advancing.
December 9, 2016 at 2:20 PM #804398spdrunParticipantzk: If anything, my standard of living will be better.
Why? Because there are a lot of brainwashed dumbkents who drink the “newer is better” Kool-Aid. It’s nice to be able to pick up a TV that’s a few generations old on Craigslist for $50, a non-connected coffee maker for $5, still-working appliances at the Habitat store, etc. Basically, it makes it a lot easier to be a cheap shit and recycle the leftovers of other people.
December 9, 2016 at 2:21 PM #804399anParticipant[quote=FlyerInHi]
That’s not what I meant by exceptionalism. That’s just money. By your measures, Dubai and Singapore are better than we are. What about the growth and wealth creation in China? [/quote]I never said those are what make us exceptional. Those are just my prediction.[quote=FlyerInHi]We are exceptional because of our ideas and governance. Trumpismo is moving us in the direction of Chavismo or Putinism. [/quote]I agree with this and this is what I call BS to. No one man can stop ideas and I believe our governance and constitution is set up in a way where one man can’t destroy our exceptionalism.
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