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Strategies & Market Trends : US Inflation and What To Do About It
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To: John Vosilla who wrote (1091)8/24/2019 11:07:51 AM
From: Rarebird1 Recommendation

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ItsAllCyclical

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<< Clinton 1992 and 1996 would be to the right of how Trump is governing today.<<

How so? Bill Clinton was fiscally responsible and cut the military budget big time to balance the budget. He was a laissez-faire liberal, economically speaking. Trump, like Reagan, was all for big business. Reagan made ketchup a vegetable, eliminated most Federally merit based college scholarships and his tax cuts were nothing more than big handouts to the wealthy. He forgot about the little guy as the middle class shrunk. Is it any wonder that he died from Alzheimer's disease, where his memory went? His disease was his penalty for the way he conducted his Presidency.
As for Trump, he is beginning to unravel. One week he institutes tariffs, the next week he takes some of them off because he doesn't want to hurt the consumer during Christmas shopping season. He is in the process of blowing up the US economy and proving once again, there are no winners in a tariff war. All the dogmatic Trumpies think that Trump has some magic plan to resolve or win the trade war. Fact is he is not winning, the losers are the American and Chinese consumers.
I don't like the Dem candidates either. They represent an extreme reaction to Trump's economic policies. Plus, I don't hear them attacking Trump's tariffs.
I am more of a moderate, eclectic in my political views. I believe in single payer and free college tuition for families earning under 125K a year ( the NYS plan). But otherwise, I am all for free market economy. I certainly would not go around and tell business where to conduct their business.
I have no respect for Trump at all.
Nice market sell off is coming and I am quite prepared.
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