Hillary v. Trump tax plans / business stimulus

[Jan2017]

Wharton analysis shows Donald will have better initial job growth . . . as expected a libertarian economic policy could bring jobs home.

Hillary negative job growth according to the computer model prediction wizardry until 2040 . . . huh ? Duh ?

The analysis stated that the Republican nominee could initially boost job creation by 1.7 million, but by 2027
there may be 682,000 fewer jobs than current economic conditions.

In 2040, it could mean 11.2 million fewer jobs than are currently in place.

http://www.cnbc.com/2016/10/17/trump...m-wharton.html

[Superfluous Man]

Wharton analysis shows Donald will have better initial job growth . . . as expected a libertarian economic policy could bring jobs home.

Libertarian?

[Jan2017]

Libertarian?

economic freedom is on the libertarian side of the chart vs. the statist or socialist government-regulated or run
poltical ideaology for business and trade - NAFTA example.

Trump will free up business as much as Congress will allow - reason he needs to bring in Senators on the coattails

I think of a big sucking sound . . . open foreign markets

[Superfluous Man]

economic freedom is on the libertarian side of the chart vs. the statist or socialist government-regulated or run
poltical ideaology for business and trade - NAFTA example.

trump will free up business as much as Congress will allow - reason he needs to bring in Senators on the coattails

Trump's economic policies are utterly anti-libertarian. We can only hope that Congress will not cooperate with him.

[Jan2017]

Trump's economic policies are utterly anti-libertarian. We can only hope that Congress will not cooperate with him.

less business regulation is very libertarian on the economy scale of political idealogy btw

so is not paying taxes

[Superfluous Man]

less business regulation is very libertarian on the economy scale of political idealogy btw

so is not paying taxes

He's not for less business regulation. And he's not for less spending, which is what would be required to have lower taxes.

[Jan2017]

He's not for less business regulation. And he's not for less spending, which is what would be required to have lower taxes.

No . . . and maybe about spending . . . politicians promise all sorts of chit -
Trump will have to run a streamlined government if 25 % Fed employees QUIT as they promise/threat - Yippee !

[r3volution 3.0]

O yea, for sure...

He has great free market credentials...

Let's review them:

Supported Obama's $800 billion Keynesian Stimulus Package in 2009

President Obama held his first prime-time press briefing — designed to build support for the economic stimulus package that was his top priority upon taking office — on Feb. 9, 2009. Later that same night, real estate mogul Donald Trump took to the airwaves to sing the plan’s — and the president’s — praises.
“I thought he did a terrific job,” Trump told Fox News’s Greta Van Susteren. “This is a strong guy knows what he wants, and this is what we need.”


“First of all, I thought he did a great job tonight,” said Trump. “I thought he was strong and smart, and it looks like we have somebody that knows what he is doing finally in office, and he did inherit a tremendous problem. He really stepped into a mess, Greta.”


Van Susteren then asked Trump if a simple payroll tax holiday might be a better way to stimulate the flagging economy. Trump, however, held firm in his support for Obama’s plan, which he praised for the wide breadth of approaches it took to combatting the crisis.


“Well, I think taxes are very good. I think it goes quickly. It is easily done, and etc., etc.,” Trump told Van Susteren, “but building infrastructure, building great projects, putting people to work in that sense is also very good, so I think you have a combination of both plus he is doing a rebate system and I think that is good also.”

Supported Bush's $17 billion Auto Company Bailouts in 2008

Although Donald Trump is trying to re-invent himself as a conservative for a possible bid for president in 2012, reminders of his prior support for Democrats and big government polices keep adding up. The latest: The Donald supported the auto bailout in 2008. “I think the government should stand behind them 100 percent,” Trump told Fox News’ Neil Cavuto nearly three years ago. “You cannot lose the auto companies. They’re great. They make wonderful products.” Faced with crushing debts caused by poor management and high labor costs, GM and Chrysler requested federal assistance to keep the firms afloat, and were granted a $25 billion loan in the fall of 2008. President George Bush then secured more than $17 billion for the companies. This occurred months before the birth of the Tea Party, but conservatives were outraged. Not Trump. A longtime advocate of sweetheart deals between corporation and state, the real-estate developer went all in for the deal. “[Y]ou have to try and save the companies,” Trump said in a separate 2008 Fox News interview. “And I think you can easily save the companies."

Supported The $700 Bank Bailouts and Fed's Quantitative Easing Programs

BLITZER: All right, Henry Paulson?

TRUMP: I would give him an A.

BLITZER: Really?

TRUMP: I would give him an A. And I know a lot of people are saying, oh, this and that.

But the fact is, he came into a mess. He didn't create the mess. And he is helping us get out of the mess.

....

BLITZER: The Federal Reserve chairman, Ben Bernanke, Ben B., as you call him.

TRUMP: I think that he has -- was a little bit late on the draw, but he has come around strongly. And I would give him a B-plus, a good strong B-plus.

Look, I mean, these people inherited a mess. And they weren't necessarily to blame for it. And they are trying to fix it. I would say that Ben was a little bit late. And, based on the lateness, but I am not sure there's -- if he was earlier, I am not sure that we would be in any different -- so, I would give him a B-plus.

Supports Socialized Medicine (2015)

Pelley: How do you fix it?


Trump: There’s many different ways, by the way. Everybody’s got to be covered. This is an un-Republican thing for me to say because a lot of times they say, “No, no, the lower 25 percent that can’t afford private. But–”


Pelley: Universal health care.


Trump: I am going to take care of everybody. I don’t care if it costs me votes or not. Everybody’s going to be taken care of much better than they’re taken care of now.


Pelley: The uninsured person is going to be taken care of. How? How?


Trump: They’re going to be taken care of. I would make a deal with existing hospitals to take care of people. And, you know what, if this is probably—


Pelley: Make a deal? Who pays for it?


Trump: —the government’s gonna pay for it.

[Superfluous Man]

No . . . and maybe about spending . . . politicians promise all sorts of chit -
Trump will have to run a streamlined government if 25 % Fed employees QUIT as they promise/threat - Yippee !

Not gonna happen.

[r3volution 3.0]

Over the summer, Clinton proposed a $275 billion infrastructure stimulus.

How did 'free market Don' respond I wonder...

...by proposing to spend at least twice that much, of course!

Trump’s Economic Stimulus Plan: Spend Massive Amounts of Money on Shovel Ready Jobs

I'm old enough to remember when the people who supported Trump hated this idea when Obama proposed it. Trump was back on the stump today criticizing Clinton for... not being in favor of enough government spending. For the purposes of reference, Clinton's infrastructure plan is to spend $275 billion in her first 100 days. Trump promises to at least double that

[r3volution 3.0]

Supports Raising the Minimum Wage

(CNN)Donald Trump said Tuesday he would support raising the federal minimum wage to $10 an hour, a departure from his previous assertion that wages are "too high."

The Republican presidential nominee was pressed to provide a specific number by Fox News anchor Bill O'Reilly, who said, "there has to be a federal minimum wage."

Trump initially dismissed that suggestion.

"There doesn't have to be," Trump said. "I would leave it and raise it somewhat. You need to help people. I know it's not very Republican to say."

"Ten bucks?" O'Reilly asked.

"I would say 10. I would say 10," Trump agreed. "But with the understanding that somebody like me is going to bring back jobs. I don't want people to be in that $10 category for very long. But the thing is, Bill, let the states make the deal."

To be fair, Trump's been all over the place on minimum wage.

The most generous interpretation is that he's just totally ignorant of basic economics and doesn't know what to say.

[Zippyjuan]

He says what he thinks a particular audience want to hear. He is a salesman afterall.

The analysis stated that the Republican nominee could initially boost job creation by 1.7 million, but by 2027
there may be 682,000 fewer jobs than current economic conditions.

In 2040, it could mean 11.2 million fewer jobs than are currently in place.

Add a few $trillion to the debt too.

[P3ter_Griffin]

He says what he thinks a particular audience want to hear. He is a salesman afterall.



Add a few $trillion to the debt too.

From what I can tell they don't account for Trump's tarrifs either. The model has way to many variables and assumes to much for me to take anything from the numbers. But the central thesis is interesting, that foreign investors will invest in more productive assets than US taxpayers and therefore it is better to extract more wealth from US citizens to pay for government operations than it is to have lower taxes and bigger deficits with foreign investors investing in US bonds.

[nikcers]

Best case scenario for Trump he passes audit the fed bill and people realize the dollar is a ponzi scheme. Worst case isn't even him losing and Clinton becoming president. Its him become president and being a bad one for 4 years and then after that the Republican party would become gutted like after Bush became president and have no chance for people like Rand Paul to ever have a chance of becoming a Republican president. It would probably even undo any any chance to have a liberty candidate running for president.

[Jan2017]

He says what he thinks a particular audience want to hear. He is a salesman afterall.



Add a few $trillion to the debt too.

Voters needing jobs and/or starting or preparing for careers now, should vote for what really (?)
The status quo wants the 2040 projected Wizard of Oz Hilly computer projection to count in your decision -
suck it up for them. . . uh, I dunno.

[nikcers]

Voters needing jobs and/or starting or preparing for careers now, should vote for what really (?)
The status quo wants the 2040 projected Wizard of Oz Hilly computer projection to count in your decision -
suck it up for them. . . uh, I dunno.

If you don't have a job or a career do you really even have any idea how the world works? Are these really the people who decide the rule of law?