Our President is an idiot

[Tsing Tao]

Yes, I said it. Yes, I voted for him because there were two choices - a buffoon and a criminal. No, I don't regret voting for him, I regret having two crappy choices and having to pick the less crappy of the two.

The more I listen to Trump, the more I shake my head. This is a quote from last night's Hannity:

Really? In the name of all that is holy, this man is clueless. That's just not how it works, and to have the CIC say something like this is a testament to just how bad things have gotten in the world. Never mind the grammatical nightmare that reads as, the "facts" presented could be debated by a 10 year old with basic economics understanding.

 

[Max E.]

Ive often said my worst fear with Trump is that we get the worst of all worlds, tax cuts with spending increases, as a populist he wants to please everyone, and that works for both parties, my biggest fear is we are going to blow a gigantic hole in the deficit.

 

[Spike Trader]

Building tens of thousands of nukes would definitely do that.



“Insanity and folly”: experts on Trump’s proposal to build tens of thousands of nukes
“We now know why Tillerson called Trump a moron.”

President Donald Trump asked his top national security officials to build tens of thousands of new nuclear weapons during a July 20 meeting, according to an NBC News report published on Wednesday morning. The president’s request, experts say, is simultaneously impossible and terrifying.

“The insanity and folly of this … cannot be overstated,” Kingston Reif, the director for Disarmament and Threat Reduction Policy at the Arms Control Association, tweeted in response to the report. “Increasing [the US] arsenal would constitute [a] radical departure from U.S. policy and likely lead to [a] full fledged arms race with Russia and perhaps China,” he added.

There is no strategic reason for the US to increase its nuclear arsenal by such a large amount: The current US nuclear stockpile, around 4,000 nuclear devices, is more than enough to deter attacks from any hostile power. Building 32,000 more, the precise number Trump requested, would take many years and cost trillions of dollars.

https://www.vox.com/policy-and-politics/2017/10/11/16458104/trump-nukes-nbc-thousands

 

[Cuddles]

Ive often said my worst fear with Trump is that we get the worst of all worlds, tax cuts with spending increases, as a populist he wants to please everyone, and that works for both parties, my biggest fear is we are going to blow a gigantic hole in the deficit.

I'm Lefty on many issues, but usually right fiscally. That's why I never understood the wall, the increase in military spending, and the protectionist stand on imports.

Now with three hurricanes and wild fires, how the fuck can we afford it with tax cuts and potential conflict in Asia ( I realize war often drivers the economy, but lately seems to put a huge dent on the pocketbook due to over pricing)?

 

[Scataphagos]

I regret having two crappy choices and having to pick the less crappy of the two.

"Elections always come down to a choice between a Giant Douche and a Turd Sandwich" -- South Park

 

[Scataphagos]

Yes, I said it. Yes, I voted for him because there were two choices - a buffoon and a criminal. No, I don't regret voting for him, I regret having two crappy choices and having to pick the less crappy of the two.

The more I listen to Trump, the more I shake my head. This is a quote from last night's Hannity:

View attachment 178649

Really? In the name of all that is holy, this man is clueless. That's just not how it works, and to have the CIC say something like this is a testament to just how bad things have gotten in the world. Never mind the grammatical nightmare that reads as, the "facts" presented could be debated by a 10 year old with basic economics understanding.

That's quite an asinine statement! Trump's a financial guy. He knows better. He knows he's speaking to the masses of financial idiots... nobody else would accept that bilge. I'd hate for the notion to catch hold, "If we can keep bumping the markets, debt won't matter any longer." DEBT ALWAYS GETS ACCOUNTED FOR... BY SOMEBODY!

 

[gwb-trading]

Building tens of thousands of nukes would definitely do that.



“Insanity and folly”: experts on Trump’s proposal to build tens of thousands of nukes
“We now know why Tillerson called Trump a moron.”

President Donald Trump asked his top national security officials to build tens of thousands of new nuclear weapons during a July 20 meeting, according to an NBC News report published on Wednesday morning. The president’s request, experts say, is simultaneously impossible and terrifying.

“The insanity and folly of this … cannot be overstated,” Kingston Reif, the director for Disarmament and Threat Reduction Policy at the Arms Control Association, tweeted in response to the report. “Increasing [the US] arsenal would constitute [a] radical departure from U.S. policy and likely lead to [a] full fledged arms race with Russia and perhaps China,” he added.

There is no strategic reason for the US to increase its nuclear arsenal by such a large amount: The current US nuclear stockpile, around 4,000 nuclear devices, is more than enough to deter attacks from any hostile power. Building 32,000 more, the precise number Trump requested, would take many years and cost trillions of dollars.

https://www.vox.com/policy-and-politics/2017/10/11/16458104/trump-nukes-nbc-thousands

Well you appear to be ignoring the part where top national security officials stated Trump never said this in the July 20th meeting. Several have called the NBC News report incorrect.

What a strange world we now live in where mainstream news outlets such as NBC simply make shiat up without any proper sourcing.

 

[vanzandt]

( I realize war often drivers the economy, but lately seems to put a huge dent on the pocketbook due to over pricing)?

I don't think thats true. Maybe WW2 when our industry rebuilt Europe and Japan, but I think (not sure) they blame a lot of the economic problems in the 70's on the Vietnam conflict. I'm not an economist though so I could be wrong.

 

[AAAintheBeltway]

Yes, I said it. Yes, I voted for him because there were two choices - a buffoon and a criminal. No, I don't regret voting for him, I regret having two crappy choices and having to pick the less crappy of the two.

The more I listen to Trump, the more I shake my head. This is a quote from last night's Hannity:

View attachment 178649

Really? In the name of all that is holy, this man is clueless. That's just not how it works, and to have the CIC say something like this is a testament to just how bad things have gotten in the world. Never mind the grammatical nightmare that reads as, the "facts" presented could be debated by a 10 year old with basic economics understanding.

I don't understand what is so terrible about what Trump said, unless you are falling into the media error of parsing everything he says literally.

He is saying he took over a country with a terrible debt problem, one that the media were totally silent on as Obama ran up more debt than all other presidents combined. Despite this obvious problem, the stock market showed such faith in Trump that it rose by $5 trillion. Obviously the two do not directly offset, but viewed from the perspective of the national balance sheet, an extra five trillion on the asset side is nothing to sneeze at. Some of those gains will be reflected in cap gains tax revenues and the wealth effect causes people to spend more, adding to GDP.

 

[Cuddles]

I don't think thats true. Maybe WW2 when our industry rebuilt Europe and Japan, but I think (not sure) they blame a lot of the economic problems in the 70's on the Vietnam conflict. I'm not an economist though so I could be wrong.

"Drive" was too strong a word here. Substantially help is more accurate. Not necessarily from the manufacturing of weapons, but rather technology that ends up in consumer products. Mostly in part, because war is about the only time we pump money into science.