The Trump Presidency

So are you refuting the facts presented that this economic surge is due to pro-business policies?
 
thethe said:
So are you refuting the facts presented that this economic surge is due to pro-business policies?
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I am saying the economy goes in cycles and it was on an upswing when Trump took office. We basically agree on fiscal policy but I don't think Trump has been in office long enough to have much of a positive impact. Presidents policy have more of a long term effect.
 
cajunrevenge said:
I am saying the economy goes in cycles and it was on an upswing when Trump took office. We basically agree on fiscal policy but I don't think Trump has been in office long enough to have much of a positive impact. Presidents policy have more of a long term effect.
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He hasn't been in long enough, but I think Sturg correctly pointed out a couple of pages back that the market is likely behaving in response to expectations...whether those expectations will be realized in the coming months/years is another story (or any number of other shocks will hit the system and have their own pos/neg impacts)
 
cajunrevenge said:
I am saying the economy goes in cycles and it was on an upswing when Trump took office. We basically agree on fiscal policy but I don't think Trump has been in office long enough to have much of a positive impact. Presidents policy have more of a long term effect.
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But this is wrong.

Once Trump cut regulations after being sworn in these companies had free cash flows to allocate to other investments. That is a REAL impact that was felt IMMEDIATELY.

In addition, business acts based on future information. Budgetting is done a month/quarter/year/5 years in advance. That budgeting is done using forecasted business environments. More friendly regulations/tax policy lead to higher EBITDA figures. As a result the company has more leeway to incur more costs for the purposes of generated more revenue (jobs). And that is why we are where we are right now.
 
I work for a large, mega cap corporation, and in our annual CEO strategy meeting, the CEO literally said that the expectation of regulation easing will allow us to invest more in our technology department, and they have already opened up another 2,000 reqs.
 
sturg33 said:
I work for a large, mega cap corporation, and in our annual CEO strategy meeting, the CEO literally said that the expectation of regulation easing will allow us to invest more in our technology department, and they have already opened up another 2,000 reqs.
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Anyone that has worked for a mid-size and larger company and has sat in strategic meetings would know this.

The only way to grow the economy and enrich the lives of Americans is to create an environment that is friendly to business. Only afterwards can you start thinking about creating programs to help those that are not as fortunate.
 
thethe said:
Anyone that has worked for a mid-size and larger company and has sat in strategic meetings would know this.

The only way to grow the economy and enrich the lives of Americans is to create an environment that is friendly to business. Only afterwards can you start thinking about creating programs to help those that are not as fortunate.
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David Corn‏Verified account @DavidCornDC 2h2 hours ago

Today would be a good day for @realDonaldTrump to release his tax returns
 
sturg33 said:
I work for a large, mega cap corporation, and in our annual CEO strategy meeting, the CEO literally said that the expectation of regulation easing will allow us to invest more in our technology department, and they have already opened up another 2,000 reqs.
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Bet that CEO has a really cool car too

"expectation" ?

and when he finished you all jumped up chanting "USA USA ..."

if I had a nickel for every CEO speech and class envy pointed at bosses --- I would have box seats behind the Braves dugout
 
thethe said:
Anyone that has worked for a mid-size and larger company and has sat in strategic meetings would know this.

The only way to grow the economy and enrich the lives of Americans is to create an environment that is friendly to business. Only afterwards can you start thinking about creating programs to help those that are not as fortunate.
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delrayser‏ @delrayser 18h18 hours ago
Replying to @delrayser

Donald J Trump is the greatest dealmaker of our time but also can't iron out a lease with the people who'd jump in front of a bullet for him

 
57Brave said:
Bet that CEO has a really cool car too

"expectation" ?

and when he finished you all jumped up chanting "USA USA ..."

if I had a nickel for every CEO speech and class envy pointed at bosses --- I would have box seats behind the Braves dugout
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I really don't understand why you always mock real world examples. It wasn't a rah rah speech. There was no mention of Trump's name. It was "here's our roadmap... we believe there will be a loosening of regulations here. We're going to take that money and invest in over there."
 
but right now it is an expectation
correct ?

or in the real world what is called a corporate pep rally
like every morning at Home Depot
 
sturg33 said:
I really don't understand why you always mock real world examples. It wasn't a rah rah speech. There was no mention of Trump's name. It was "here's our roadmap... we believe there will be a loosening of regulations here. We're going to take that money and invest in over there."
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There is no interest in talking about facts.

Its all sensationalism because they have no message on how to grow the economy and are nervous how well America is doing right now.
 
57Brave said:
but right now it is an expectation
correct ?

or in the real world what is called a corporate pep rally
like every morning at Home Depot
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I realize that as a socialist wannabe, that you only look at past and current. That's why the government is so bad with their numbers, they do not know how to look forward.

Businesses must look forward, and anticipate. So yes, it is an expectation based on the data they have, and they are getting ahead of it.

Why is the stock market so high? Because of expectations and looking FORWARD.

I'd say that one day, you'll learn. But I know you never will.

While you obsess about tax returns from 10 years ago that ultimately will mean nothing in the lives of you and me, businesses are looking at what happens NEXT
 
" I realize that as a socialist wannabe, that you only look at past and current. That's why the government is so bad with their numbers, they do not know how to look forward. "

and I am sure that CEO man understands trends as well, in that they don't turn on a dime.
As a matter of fact one can transform trends to data while "confidence" and "expectations" have never been know to feed the bulldog.
Another fact is "confidence and expectations" are more likely to be formed using trends rather than abstract concepts like "confidence and expectation" out of the blue

The point many here are trying to make is Trump inherited a trend.
Perhaps should he last in office he will institute policies that will enrich those trends. Maybe not.
Time will tell

This to chew on:

http://money.cnn.com/gallery/news/economy/2017/01/06/obama-economy-10-charts-final/index.html
 
sturg33 said:
Literally has nothing to do with my point

try to keep up
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There is hard data to back up the writers claim while your reading of your CEO is based out of thin air.

Your little buddy supports policies that will stifle skilled immigration
 
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