Our President is an idiot

AAAintheBeltway said:
TT, we both agree that Trump is not the most gifted wordsmith to ever hold the office. I think a fair interpretation of what he said is that he came into office facing the largest pile of debt any president ever faced. The only feasible way to pay it off is with growth and the stock market is showing signs of confidence that the economy will pick up speed.
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I agree that he came into office facing the largest pile of debt any President ever faced. But the stock market growth has absolutely nothing to do with the Federal debt unless you are trying to make the argument that the higher capital gains will marginally help the government collect more taxes, which it will then (haha) use to pay off debt. That is the only possible argument you could make and it is exceptionally flimsy because of the amounts we're talking about and the government's overwhelming desire to not pay off debt even when it has the opportunity to do so.

Trump has no plans of any substance, no backing of anyone in the government who can help him, and the people have no faith he will keep his word anymore. That is where we are, AAA. Like it or not.
 
The only way to pay off the debt is by growing the economy and Wall Street seems to believe Trump will make that happen. An interesting aspect of this past year has been the apparent disconnect between the angst about Trump displayed by the media and establishment pols on the one hand, and Wall Street's confidence on the other.
 
Kimberley Strassel: Trump is remaking the federal judiciary (while the press freaks out over his tweets)
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By Kimberley A. Strassel, The Wall Street Journal

Supreme Court Justice Gorsuch is bringing Conservatism back

New Supreme Court Justice Neil Gorsuch is already making his Conservative presence felt on the bench, impacting a number of important rulings

Ask most Republicans to identify Donald Trump’s biggest triumph to date, and the answer comes quick: Supreme Court Justice Neil Gorsuch. That’s the cramped view.

The media remains so caught up with the president’s tweets that it has missed Mr. Trump’s project to transform the rest of the federal judiciary. The president is stocking the courts with a class of brilliant young textualists bearing little relation to even their Reagan or Bush predecessors. Mr. Trump’s nastygrams to Bob Corker will be a distant memory next week. Notre Dame law professor Amy Coney Barrett’s influence on the Seventh U.S. Circuit Court of Appeals could still be going strong 40 years from now.

Mr. Trump has now nominated nearly 60 judges, filling more vacancies than Barack Obama did in his entire first year. There are another 160 court openings, allowing Mr. Trump to flip or further consolidate conservative majorities on the circuit courts that have the final say on 99% of federal legal disputes.

This project is the work of Mr. Trump, White House Counsel Don McGahn and Senate Majority Leader Mitch McConnell. Every new president cares about the judiciary, but no administration in memory has approached appointments with more purpose than this team.

http://www.foxnews.com/opinion/2017...y-while-press-freaks-out-over-his-tweets.html
 
Hold that thought though.

That might be a great consolation prize for Hillary. Make her President of Puerto Rico.

The clintons have gotten filthy rich by - among other things- raping and pillaging Haiti after its various natural disasters so Puerto Rico would be familiar turf for them. And just as an added bonus, it is just a hop, skip, and a jump from Pedophile Island so Bubba can "maintain his lifestyle,"
 
Tsing Tao said:
They don't even indirectly offset. The statement was so stupid that it was for the record books.

As for the stock market specifically, it has absolutely nothing to do with Trump. If it was all about the Trump tax plan, then it would have dropped when that tax plan was not likely to pass, or when it was identified to be as poor a program as was leaked.

Additionally, let us not forget how Trump ran his campaign with the comments about the Fed propping up "one big fat ugly bubble" for Obama. And now the market is much higher...but he cheers it.

The guy is a tool.
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Trump is bragging that his executive order caused health care stocks to drop
He’s spiking the football after causing a lose-lose-lose situation.

President Trump took to Twitter Saturday morning to celebrate after taking active steps to sabotage Obamacare — and he’s using the stock market as an affirmation for his decision.

On Thursday, the White House announced it would end Obamacare subsidies that help low-income Americans pay for health insurance. On Friday, health care stocks took a sharp dive. And on Saturday, Trump tweeted this:

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Spike Trader said:
Trump is bragging that his executive order caused health care stocks to drop
He’s spiking the football after causing a lose-lose-lose situation.

President Trump took to Twitter Saturday morning to celebrate after taking active steps to sabotage Obamacare — and he’s using the stock market as an affirmation for his decision.

On Thursday, the White House announced it would end Obamacare subsidies that help low-income Americans pay for health insurance. On Friday, health care stocks took a sharp dive. And on Saturday, Trump tweeted this:

View attachment 178721
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I almost think he wants to get kicked out of office. He's just that kind of fella who can never admit defeat or being wrong. Getting ousted allows him to save face and point and say "you see! I tried to MAGA but the deep state (whatever the fuck that means) would not allow it!"
 
AAAintheBeltway said:
The only way to pay off the debt is by growing the economy and Wall Street seems to believe Trump will make that happen. An interesting aspect of this past year has been the apparent disconnect between the angst about Trump displayed by the media and establishment pols on the one hand, and Wall Street's confidence on the other.
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Except that the economy isn't really growing all that faster than it had under Obama, while Wall Street continues to make the rich, richer on paper wealth.
 
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