- Joined
- 2 June 2011
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- 242
You guys don't really get it do you? There is the left and then there is the deranged left, they are two completely different Beasts.
I liked Crean, I reckon he got dudded. I like Albo and a few others.. Dreyfuss etc. I have a shitload of respect for Steven Pinker in academia, and there are quite a few others.So what Lefty US or Australian pollies are acceptable to you wayne ?
Many will argue whether Hawke an Keating were truly left, but they were a great team.
Yeah possibly more chineseYes Trump has done some good things for the American economy. Pretty sure every step wasn't planned like the article suggests lol.
Of course Trump wants the economy to boom, he has a vested interest in it.
Wonder what the average black man/woman on minimum wage feels. Will the World be a better place post Trump?
One was a realist the other a pisspot loudmouth.The best politicians in my view are realists with a heart, and those two were.
Sums up my position on this as well. The people voted for change and that's what they got.The interesting thing about Trump is that he's like no other President. Therefore, he would have a set of skills (good or bad) that should be able to solve problems other "traditional" Presidents haven't been able to solve.
While I don't respect Trump due to his past, I am intrigued to see how his different set of skills (and perceptions) deal with problems.
The best politicians in my view are realists with a heart, and those two were.
but it will probably lose because it no longer has a strong man persona, focusing more on petticoat politics instead of survival and strengthening of the tribe.
True, but in contrast you a have a Liberal Party whose sole economic policy is to give tax cuts to people who don't need it.
The hip pocket usually wins.
According to the budget model used by the University of Pennsylvania's Wharton School of Business, indexing capital gains to inflation would reduce government revenues by $US102 billion over a decade, with 86 per cent of the benefits going to the top 1 per cent.
Trump attempting to blow the budget deficit even further out of the water, and provide more tax breaks to the wealthiest 1% of americans. It's mind-blowing to me, that his supporter base can't see they are being absolutely screwed by their supreme leader.
Whoever comes into power post-Trump is going to be left with a mess of a budget to deal with, and likely with a rising unemployment rate to go with it.
https://www.afr.com/markets/equity-...ential-135b-boost-for-wealthy-20180730-h13cpp
The baby boomers are about to retire in droves which means the Social Security Trust Fund that the various Presidents have used to fund spending will start emptying. If payroll receipts don't build up to compensate the loss of trust money to retiring baby boomers then treasury bond interest rates will be forced up and along with it taxation. The USA will become vulnerable to debt, the dollar value will fall, offshore investors will get paid less, demand will fall, China and Japan will buy more securities to fund US consumer demand for their exports and keep their currencies low, until it becomes a basket case and they will pull out for the new markets elsewhere.
Donald Trump would know this, thus why he's trying to build a domestic industry to support a domestic market which will put pressure on the overseas competition to start building its own payroll receipts.
Trump started by saying he would cut military spending and improve infrastructure.
Instead he has done the opposite. the whole place is decaying. The debt is rising rapidly and for what?
Cambodia has just become a colony of China in effect. Who's next?
Trump is "planning" to give investor $100B capital gains tax relief.
https://www.reuters.com/article/us-...ns-tax-cut-for-wealthy-ny-times-idUSKBN1KK2GL
Thai population ain't that friendly with the Chinese. Chinese have been spending up big in Thailand though.Thailand? Or at least the southern part where they're planning a Thai Canal to bypass Singapore and the Malacca Strait.
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