Re: US Economy - what do you think??
Reply #15 –
Trump will be a disaster.
That depends on what his actual policies become. Unfortunately, he keeps changing what he says what he plans to do. For instance, at first his tax plan was going to favor the rich (in fact, it's been determined that his original plan would cause 8 million middle class people to pay more tax, not less....), now he's saying that he'll give a middle-class tax cut and eliminate many deduction enjoyed by the rich. That actually sounds a lot like a Democratic plan.
However, he hasn't flip-flopped on his imbecilic trade policy yet with 45% tax on imported Chinese goods. Inflation, followed by recession here we come with that jackassary - unless that's just a bluff for the Chinese. In which case, of course, we can expect him to backtrack on that too.
He's going on a "Thank You" tour. What we need from him is coherent policy speech, not a series of rallies, that will tell us once and and for all what he plans to. That applies to all issues. He lives in the moment and says whatever suits him and his audience at the time, even if it completely contradicts what he said last week. Until he does that, the fear some hold about what he'll do the economy will remain unassuaged nor actually know what else he plans to do.