The President Of The USA: Donald Trump

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# 2045238 28-Jun-2018 10:01

DaveB:

American Supreme Court. Is there going to be a seismic shift to the right for the next 25 years?

Yes there is - Under His Eye.

It's worse than that too. Ruth Bader Ginsberg is 85, she'll be 87 coming in to 2020 elections - and 91 coming in to 2024 elections - if Trump allows 2024 elections to happen of course.

Fred99

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# 2045251 28-Jun-2018 10:19

Sideface:

This is a very, very scary video. Watch it if you dare.

I think it's worse than that:

I am sure that the Trumponomics tax-cuts will have given a boost to GDP, Trump will campaign coming up to the mid-terms that the 5% (or more) annualised GDP growth rate announced is sustainable (despite massive increase in the deficit) and will promise more tax cuts, and justify allowing the increase in debt by extrapolating the tax-cut "bump" in GDP to continue, thus increasing tax revenue and annual GDP which will reduce the debt:gdp ratio.

This won't take into account the fact that inflation will increase costs - so unless cuts are made to federal budget spending, the actual $$$ debt will increase faster than forecast. They'll cut expenditure - but you can bet that there won't be cuts to military expenditure. Expenditure on social/environmental programmes, foreign aid etc will be slashed.

The IMF forecasts that the USA is the only OECD nation which will increase its debt to gdp ratio between now and 2023 - and that forecasts the increase to be about 9% - which is a huge "difference" from other nations who forecast average decrease in debt:gdp ratio of about 9% over that same time period. In my opinion, they're probably optimists - extrapolating current trends and not taking into account the strong probability of any shock/decline in GDP growth (or recession) and/or faster than expected interest rate rises.

China is keeping this possible by buying new US debt / treasury bonds. It's in their own interest (thus mutual interest) to keep doing this. Yes - they only hold 5 or 6% of total US federal debt (most is held by domestic lenders - the US is still a phenomenally wealthy country) but them lending money to the US at low rates keeps interest rates down globally. If they stop buying US dollar debt, interest rates will spike, that will kill US growth (and kill Chinese exports to the US). You'd think/hope they wouldn't do it, but I think they might if pushed hard enough by Trump's bullying tactics on trade. China is playing the long game, geopolitically Trump's a useful idiot. China isn't a democracy and within living memory had a cultural revolution, ideological, killed millions supposedly for "the greater good". If they think that their greater long-term good depends on taking Trump and the US down, they'll do it. They'll do it politely too - Xi is a great friend of Trump, according to Trump.

Anyway, it's staggering how pretty much the entire GOP is falling behind Trumponomics with almost no dissent. No doubt that's driven by fear.

My conspiracy theory - there are elements in and associated with and supporting the GOP who want a crash - or at least consider that if it's not desirable - then they'll do very well - so it's worth risking the current unsustainable Trumponomic policies which are lining their pockets. They'll blame Obama of course - the crash will have been a consequence of the debt racked up by Obama in reaction to the GFC. It seems absurd that "the wealthy" would want a crash. However it's not. Every single crash/financial crisis over the past 50 years has resulted in greater concentration of wealth by the wealthiest. The circumstances behind the evolution of Russian Oligarchs would be looked favourably by some - and as an opportunity they'd cherish.

Sideface

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# 2045362 28-Jun-2018 12:00

The president made 103 false claims last week, according to the Toronto Star.

Trump's previous personal best was 60 lies per week.

Sideface

DaveB

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# 2045419 28-Jun-2018 12:32

Sideface:

The president made 103 false claims last week, according to the Toronto Star.

Trump's previous personal best was 60 lies per week.

LOL. My wife and I quite enjoy watching those lovebirds Joe Scarborough and Mika Brzezinski on Morning Joe (MSNBC 10PM NZ time). It can be quite a humorous way to end the day for us.

But what if you are an american? What a way to be sent off to work in the morning. Imagine preparing your latte and crushed avocado on toast while listening to their pure hatred of Trump. Much better than CNN and they certainly continue to win the breakfast TV ratings war.

gzt

11018 posts

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# 2045466 28-Jun-2018 13:02

I havent seen it but I assume people who would choke on it are watching something equally ranty on another channel. Why people get upset about talkshows and nameless guests pontificating..

Sideface

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# 2045474 28-Jun-2018 13:21

CNN - New White House hire shows Sean Hannity is Trump's shadow chief of staff

Extracts:

Bill Shine's road to the White House went through "Hannity."

Shine - formerly the co-president of Fox News who has accepted a senior position in President Trump's administration - goes back decades with Fox's Sean Hannity.
The two men are close friends and longtime colleagues. ...

Shine's hiring is the latest sign of the Fox News presidency - an unprecedented amount of coziness between a TV network and a president.

Trump watches the channel, promotes its talk shows, calls its opinion hosts for counsel, and even hires on-air personalities.
Hiring Shine is a logical next step.
It also further illustrates Hannity's influence with the Trump White House. ...

Shine will likely become the deputy chief of staff in charge of communications ...

Sideface

Rikkitic

Lock him up!
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# 2045693 28-Jun-2018 17:37

Sideface:Trump's previous personal best was 60 lies per week.

The awful thing is no-one cares anymore. He has desensitised people by overwhelming them with his crapalanche.

I don't think there is ever a bad time to talk about how absurd war is, how old men make decisions and young people die. - George Clooney

DaveB

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# 2045698 28-Jun-2018 17:48

Rikkitic:

Sideface:Trump's previous personal best was 60 lies per week.

The awful thing is no-one cares anymore. He has desensitised people by overwhelming them with his crapalanche.

People stopped caring years ago. That's why we have people like Trump in power now and Morrice Dancers still wondering what happened.

Fred99

9011 posts

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# 2045714 28-Jun-2018 18:14

DaveB:

Rikkitic:

Sideface:Trump's previous personal best was 60 lies per week.

The awful thing is no-one cares anymore. He has desensitised people by overwhelming them with his crapalanche.

People stopped caring years ago. That's why we have people like Trump in power now and Morrice Dancers still wondering what happened.

People stopped caring about spelling years ago too, but that's no excuse. It's Morris - like an Austin but better to dance to, apparently.

I don't think it (not caring enough) is something exclusive or limited to the US and the Trump thread.

People "care" all right, but only for a few minutes, then move on to the next thing to care about in their facebook/twitter feed.

If an extinction-event asteroid was found to be heading for earth, the Kardashian's view on what that means - that would still be news.

Rikkitic

Lock him up!
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# 2045729 28-Jun-2018 18:49

I don't believe history repeats, but I do think we may be entering a dark period, not unlike the rise of fascism in the 1930s. I hope I am wrong.

I don't think there is ever a bad time to talk about how absurd war is, how old men make decisions and young people die. - George Clooney

DaveB

1139 posts

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# 2045730 28-Jun-2018 18:53

Fred99:

If an extinction-event asteroid was found to be heading for earth, the Kardashian's view on what that means - that would still be news.

Good catch. Morris dancers. I stand corrected and thank you for pointing out my error.

Why bring Kardashians into what could be a serious political thread? REALLY?

DaveB

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# 2045742 28-Jun-2018 19:10

Rikkitic:

I don't believe history repeats, but I do think we may be entering a dark period, not unlike the rise of fascism in the 1930s. I hope I am wrong.

Well that is a concern that others may share. And I do not disagree.

Is that because you fear your voice of logic may not be heard?

Is it because you fear the internet does not allow you the opportunity to voice your concern?

Is it because you fear you are being outvoted?

Is it because you suspect (or recognize) that most people on the internet do not care at this moment in time?

I am of the firm belief that fascism will not ever be allowed to take over as a part of our lives as long as it is not allowed to be shut down as a piece of logical conversation.

amiga500

1402 posts

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# 2045764 28-Jun-2018 20:26

Rikkitic:

I don't believe history repeats, but I do think we may be entering a dark period, not unlike the rise of fascism in the 1930s. I hope I am wrong.

If the European project fails it will be because of immigration from Africa allowing the rise of far right parties and leaders. These far right parties were already growing in support for economic reasons but the influx of refugees has given them a huge boost.

I have no idea how the problems of Northern Africa, Arabian Peninsula, Middle East generally, can be solved. These countries seem to be locked into a perpetual cycle of civil wars and destruction. The United Nations is another failed project apart from their under funded humanitarian work. If any sort of war between the big oil and gas producers in the Middle East breaks out expect some horrible petrol prices in NZ!

gzt

11018 posts

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# 2045778 28-Jun-2018 22:08

amiga500: I have no idea how the problems of Northern Africa, Arabian Peninsula, Middle East generally, can be solved. These countries seem to be locked into a perpetual cycle of civil wars and destruction.

The most recent cycle of destruction started with an invasion and then occupation of Iraq.

Tinkerisk

820 posts

Ultimate Geek

# 2045812 29-Jun-2018 02:26

"Naturally, the common people don't want war ... but after all it is the leaders of a country who determine the policy, and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same in every country."

What me scares the most is, that this quote was in an interview of a Nazi in his jail cell in 1946.

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