deerlion
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August 30, 2018, 10:45:24 PM |
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Trump like previous presidents is just a puppet. He can not exert any influence on the economy, because he is a public person and his function is to speak beautifully from the rostrum and the camera.
I also believe he is just a puppet that is controlled by real billionaires like the koch brothers. The wealthy people in America bend the laws in their favor and it doesn't look this will stop anytim esoon.
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Wajan
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August 31, 2018, 02:34:58 AM |
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Trump's effect on the economy is very good, the trump effect is the same as supporting bitcoin as a good exchange tool and can also be used for the community, bitcoin has not been recognized by large countries.
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soundrum
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August 31, 2018, 09:36:13 AM |
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Trump is very good in managing the economy and since he came on board the economy has been doing well but all these scandals are big dents on the gains he has made on the economy
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ylnar123
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August 31, 2018, 09:43:07 AM |
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Trump has been the president of America for a few years, I would like to hear your opinion on Trump and the economy.
Do you think Trump has been a positive or negative for America's economy?
I am not an American citizen nor an economist so I don't really have any idea on what effect do Trump bring to our economy. Yet in my own observation, the economy is still going steady and did not have any trace of fear for a fall out.
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texlipsy
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August 31, 2018, 03:35:05 PM |
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I think Trump's is a person especially chosen for filthy jobs to be done for the American economy. This man is not afraid to poison the world economy.
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Cripinggedang
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August 31, 2018, 05:15:28 PM |
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I think there is no significant influence. that's my opinion
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Kemarit
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August 31, 2018, 05:26:43 PM |
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Trump has been the president of America for a few years, I would like to hear your opinion on Trump and the economy.
Do you think Trump has been a positive or negative for America's economy?
I will give you a good article to read about Trump's handling of US economy. https://www.vox.com/explainers/2018/7/5/17531360/donald-trump-poll-numbers-popularity3.8 percent unemployment and 42 percent approval. Is that “winning”?
Here’s another way to think about this question: Would President Marco Rubio or Hillary Clinton or Bernie Sanders or Mitt Romney be at 42 percent amidst 3.8 percent unemployment? I doubt it. But I also can’t prove it.
The strongest argument Allen and VandeHei make, in my view, is that Trump, for all his erratic behavior, is registering numbers in line with some past presidents. They note that at this point, Barack Obama was at 46 percent, Bill Clinton was at 46 percent, Ronald Reagan was at 45 percent, and Jimmy Carter was at 43 percent. This makes Trump’s performance sound, if not impressive, at least normal.
What they fail to note is that all those presidents were managing much more troubled economies than Trump. In June of their second year, the unemployment rate was at 9.4 percent for Obama, 6.1 percent for Clinton, 9.6 percent for Reagan, and 5.8 percent for Carter. (And this understates how bad the economy was, given stagflation and the other aftereffects of the OPEC oil embargo.)
And Trump has recently made a lot of economic decisions, like the tax cut and de-regulation, but does it accelerated American's growth? https://www.cbsnews.com/amp/news/worker-wages-drop-while-companies-spend-billions-to-boost-stocks/Months after the Tax Cut and Jobs Act became law, there's still little evidence that the average job holder is feeling the benefit. Yeah, at this moment, current Trump supporters will say yes that he is doing good. But all of this data will bite them sooner that anyone thinks.
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Portia12
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August 31, 2018, 05:29:46 PM |
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I think Trump's is a person especially chosen for filthy jobs to be done for the American economy. This man is not afraid to poison the world economy.
Trump can manipulate the market price but he will never tamper crytpocurrency as long as it will not affect the economy of their own country.
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The Sceptical Chymist
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August 31, 2018, 05:33:55 PM |
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The economy in the US isn't bad at the moment, and the stock market is still booming. As much as I originally thought the world was going to explode after Trump got elected, it hasn't. He's definitely the most brusque president I've ever seen--he doesn't talk or act like past presidents--but so far he hasn't done anything that's screwed up the country (or the world).
That said, I don't really follow politics closely and don't have a good sense of what he's actually done for the economy. But he's a businessman, and a very successful one, so I didn't expect him to hobble the economy. I actually expected him to do some good in that area.
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dothebeats
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August 31, 2018, 07:34:43 PM |
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Knowing that the Dow and Wall Street is performing pretty nicely as of late, so far Trump's administration had been delivering good results for the US economy. However, on the darker side of things, with the recent trade tariffs imposed on several countries, the US is silently making enemies in the process, albeit that rivalry is somewhat restricted on trading and nothing else. However, if we put things under a microscope, we can see that the changes Trump made for America isn't panning out well, with unemployment rates getting higher, tax cuts not doing anything substantial for the Americans and most especially, the quality of is still, more or less the same. Though Trump is a businessman by trade before he sat as the POTUS, I can say that he isn't an amazing nor a bad leader, just your average guy with temper issues.
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Hell-raiser
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September 01, 2018, 09:16:30 AM |
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The way things were before the recent revelations of financial scandals with Manafort and Cohen, i believe the Whitehouse as chaired by Donald Trump had a better understanding of the economy than Obama. But this financial scandals is dragging the dollar down now. We are watching to see what next.
What do you mean by financial scandals dragging the dollar down now? The dollar has been on the rise recently. Yes, it hasn't yet reached its all time highs (I refer to USDX as a measure of the dollar's strength here), but ironically, before becoming a POTUS Trump had been eagerly preaching for the weak dollar, while right now the dollar is in fact strengthening against other major currencies. Regarding OP's question specifically, the consensus has it that Trump, despite all his controversial rhetoric, knows what he is doing, at least with respect to economic matters.
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Hydrogen
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September 02, 2018, 08:54:02 AM |
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I wish Trump would talk more about the tax plan originally posted on his personal website where he proposed cutting income taxes for poor people and lowest income earning americans from its current 30% or so rate down to 0% to 6%.
I imagine Trump's proposed tax cuts were a big part of the reason many initially supported him. Its sad to see not much progress has been made there. Most are completely unaware those income tax cuts were part of Trump's original tax plan.
The economy appears to be doing well atm. Spending is still raging out of control. There doesn't appear to be much anyone can do to marginalize that. That's the most criticial issue atm. The media could help a lot by informing people that their country could actually go bankrupt if overspending isn't fixed. And that the implications of such a thing could be lost pensions, welfare, unemployment benefits. Many services and jobs provided by the state would disappear. There is a lot of aging infrastructure which funding could not be appropriated to maintain. Within a worst case scenario the USA could end up like venezuela if spending continues unchecked.
An example of a recent infrastructure fail are new orleans levees breaking during hurricane katrina. That was due to levee maintenance funds being re-appropriated towards the iraq war effort. That type of thing could become more common, unfortunately.
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Hell-raiser
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September 02, 2018, 10:17:29 AM |
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The economy appears to be doing well atm. Spending is still raging out of control. There doesn't appear to be much anyone can do to marginalize that. That's the most criticial issue atm. The media could help a lot by informing people that their country could actually go bankrupt if overspending isn't fixed. And that the implications of such a thing could be lost pensions, welfare, unemployment benefits. Many services and jobs provided by the state would disappear. There is a lot of aging infrastructure which funding could not be appropriated to maintain. Within a worst case scenario the USA could end up like venezuela if spending continues unchecked.
I don't think it is technically possible. While Trump is a president, making decisions on government spending is not his prerogative as far as I know. The final word is on Congress, so if the US is going to turn into a Venezuela, it won't be specifically because of Trump going nuts. Apart from that, we shouldn't forget either that the US is not Venezuela in the sense the former can allow itself to indulge in excessive government spending as it can make the rest of the world pay for it, Venezuela included. But isn't that exactly what Trump is hellbent on doing anyway? Whenever I hear him say something, he always ends up saying that [put some country here] should pay for something or bear some part of the expenditures that Uncle Sam is allegedly making for their protection or whatever.
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zeingrind777
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September 02, 2018, 02:34:42 PM |
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President Trump inherited an economy that mostly grew at a moderate pace during the seven years of the Obama administration. This expansion continues and, sometimes, increases under the Trump administration, where the stock market rises to the highest level in the first year of his tenure.
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Samarkand
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September 02, 2018, 03:32:24 PM |
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Knowing that the Dow and Wall Street is performing pretty nicely as of late, so far Trump's administration had been delivering good results for the US economy. However, on the darker side of things, with the recent trade tariffs imposed on several countries, the US is silently making enemies in the process,...
Maybe it is actually a good thing for the US economy if he renegotiates some of these trade deals. If you start to look at some of the details regarding the trade deals, you will come to a different opinion about Trump´s trade war. E.g. the mainstream media ridiculed Trump for claiming that Canada imposes ridiculous tariffs on certain goods (e.g. a 270 % tariff on some dairy products). After looking up the facts on this issue I have to say that Trump was actually correct and the numbers are exactly as he claimed.
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PETES
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September 02, 2018, 04:10:57 PM |
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Trump has been the president of America for a few years, I would like to hear your opinion on Trump and the economy.
Do you think Trump has been a positive or negative for America's economy?
All I know is Trump had break its barriers from Russia and North Korea for the sake of his people. Whatever his real agenda is, one thing is for sure, that he really cares for the safety of his countrymen. And this one big step had open bigger opportunity to each country and will lift the economy, even in slow phase.
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BTC_BTC
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September 02, 2018, 04:11:15 PM |
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Ofc, like any president Trump is taking credit for good economic news. He’s highlighted rising stocks and falling unemployment. Maybe he is kinda scandalous, but he makes at least economy of US better.
yes you are right, I hate to admit that. Behind his arrogant attitude, trump brings progress to the American economy and I think it's a good achievement for America.
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btc_angela
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September 02, 2018, 04:41:26 PM |
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Trump has been the president of America for a few years, I would like to hear your opinion on Trump and the economy.
Do you think Trump has been a positive or negative for America's economy?
All I know is Trump had break its barriers from Russia and North Korea for the sake of his people. Whatever his real agenda is, one thing is for sure, that he really cares for the safety of his countrymen. And this one big step had open bigger opportunity to each country and will lift the economy, even in slow phase. How can he lift the economy when he is waging trade wars with other nation like China? And the tax cuts, yeah it could bring confidence in the government, but I think it has negative effects as well. Besides, he inherited a good economy already, what he needed to do is improved it, however, he made a lot of policies that can have negative impact on America in the long run.
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kenlyresuello08
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September 02, 2018, 05:21:50 PM |
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Like any president, Trump is taking credit for good economic news. He’s highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness. And for people who worry about the fact that the U.S. buys more stuff from other countries than it sells them, the news has not been so good. The latest release from the Census Bureau and the Bureau of Economic Analysis notes that the trade deficit was 12% higher from January to October 2017 than during the same period of 2016. The trade deficit with China, a particular concern of Trump, is up even more.
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Nahl
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September 02, 2018, 05:56:24 PM |
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I don't really know the current situations of that country because i'm not an American people but as far as i know Trump has been made unbenefit decission for America people even some of them has decide to hate their president but people who come from outside America does not really know situations of this country since he has been inaugurated as president and i think this question will belong to American people
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