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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (996720)1/28/2017 1:46:13 AM
From: RMF  Read Replies (1) | Respond to of 1571996
 
The only way Trump sticks around and maintains the support of the people that voted for him is if he can show increased economic activity.

If he gets the corporate tax cuts, and I think he will and probably should, it still won't turn all those tombstones in the rust belt back into factories.

We'll see Better earnings from corporate America and that will kick up stocks, but it still will be more of a "trickle down" thing rather than a boom for the average working guy.

What those average working people are going to see immediately is CUTS. Cuts to health insurance. Cuts to Medicaid. And probably cuts to Medicare and even Social Security.

Trump TALKS a good game, but when it actually comes down to people being able to pay their bills, he's NOT going to look too good.