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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (318466)	11/16/2016 4:27:40 PM
From: Sam	Respond to of 541114

The wingers are acting as though there was some sort of groundswell of support for Trump. There wasn't. There was a sinkhole for Clinton. Well, against Clinton. His vote totals were anemic, but Clinton's vote totals were even more anemic. But that won't stop Ryan from trying to privatize SS and turn Medicare into a voucher system, even if there isn't popular support for either one of those and even if his plans make absolutely no sense whatsoever. EDIT: Actually, what may well happen if he succeeds is that there will be a groundswell of support for a broader single payer system, which is what the Rs thought the ACA was covertly trying to accomplish. Won't that be ironic! Like the old saying goes, "Man plans, God laughs."

To: axial who wrote (318466)	11/16/2016 7:38:59 PM
From: koan	Read Replies (1) \| Respond to of 541114

If it's Donald Trump, you can beat the horse some more. Yeah I've been thinking about the economic dynamics involved going forward. I think what's going on right now is that the markets are looking at the possibility of big tax cuts, and subsidies and an unregulated market for them to do pretty much whatever they want without any worry of law enforcment. So I think that is holding up the market right now as none of the other legs have faltered yet. But I think at some point, one of the legs will start to falter on that four-legged stool, e.g. inflation, weak dollar, debt problems. The most probable way, but not necessarily the first thing to happen, is simply that the markets will gets spooked when they get a real good look at trumps instability. When they start watching him do crazy stuff. Or saying crazy things. Remember Trump said he might negotiate our 20 trillion debt. That is not exactly a formula for inviting other countries to buy our debt. If they get frightened of buying our debt, and see other people are frightened of our debt, then the dollar will start to fall, inflation will start to rage, it'll make it that much harder for us to meet our debt payments, and by this time the stock market would be faltering and the whole thing could simply burn down into a pile of ash. I think it would be smart for the first time in many years for people to take some of their cash and simply buy gold and silver and stick it in a safety deposit box and step aside. Because nobody has any idea what's going to happen. It is impossible to predict what somebody's going to do if they don't know themselves.