2012 wrote:murchr wrote:2012 wrote:Trump has actually exceeded my expectations. He's probably the only president I know who tried/tries to keep his pledges to the electorates. He's reversed trade deals, exited the Iran deal, almost done killing Obamacare... He's actually keeping his word...
Do you really know what your talking about? Obamacare is more popular now, he wasn't able to kill it. Trade wars have now started. Canada Mexico slapped tariffs he went insulting everyone today he's slapped the Chinese with 25% tariffs and they have reciprocated taxing items like Pork to Soybeans. What does this mean to the avg American . Most N.American car parts are made in mexico the parts now have a 15% markup so cars which Americans cant live without are going to be expensive. Canadians will add an additional tax on most goods coming from US this includes beer. It is said that the Chinese buy too much Soybeans from Americans but are willing to cut the link and source from Brazil instead. Now the Soybean farmer is wondering why he's always the one to pay. An Iphone is also considered a chinese export even though most of the parts are made in usa and other parts of the world and assembled in China, so who buys Apple phones most? This only hurts the local American
Trump has short-term successes. Tax cuts, but this only benefits the older generations and corporations, thats why the stock exchange is booming. The corporate tax was 35% now 20% as from 2017 companies have so much cash at their disposal and are willing to spend more in hiring. The deficit though is still growing (the US is spending more than it is bringing in) which is not good for the economy in the long term
Say what you may but he's keeping his pledges. I don't like the guy but I'm sure the people who voted for him are not disappointed. Obamacare is being overhauled and the overhauling will be complete before the next election and Healthcare will be ran by the pharmaceuticals and insurances again. If you recall, the first vote in congress and senate which was for repeal and replace failed but the second time Republicans won by a vote to start the discussion process of repeal.
Keeping the pledges...
No plans to overhaul Obama care has seen the light. It's so popular now that any republican thinking of touching it b4 November will face the axe. Many have list in the primaries others have opted to retire. Americans are suffering from an opioid crisis. Many among his so called base would not afford healthcare were it not of this plan.
By the way. Healthcare is run by insurance and pharmaceutical companies Obama care is a subsidies from govt program. That bill you talk about died in the Senate. After he lost he cut down the registration period. Ie open enrolment. The fight continues
His successes are there congress is working on a plan to grant him some money to build the wall. In exchange, they plan to create a path to citizenship for DACA recipients. When he did away with DACA by the way, the court's overruled his decision. So that one is still hanging. His promise was to end DACA and deport all recipients. He is on the works on immigration but one thing is clear build the wall and make Mexico pay for it is dead as a dodo.
On trade. This fight will be nasty.
Let me highlight some successes.
Did away with the law that made banks accountable to the govt to avoid the next fin crisis - dodd frank
Did away with the law that made sure internet companies are not stifling bandwidth for some companies. Net neutrality
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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