Is President Trump good or bad for the economy? - page 8.

Shenzou

sr. member

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Quote from: mcqueen95 on June 04, 2018, 11:48:34 AM

Like any president, Trump is taking credit for good economic news. his highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness.

he's doing better than his opponents will admit and worse than his supporters believe.

Trump has nothing to do with how the economy is improving in fact if trump's policies where to be approved by the congress which they have been not, the situation will surely be worse, i feel that the american economy is somewhat independent because its is highly based on capitalism and private property, so no matter who is at the chair the wheel will always keep turning.

longyenthanh

sr. member

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Quote from: mcqueen95 on June 04, 2018, 11:48:34 AM

Like any president, Trump is taking credit for good economic news. his highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness.

he's doing better than his opponents will admit and worse than his supporters believe.

For me his economics decision are right but could be a little bit better, i think that in this year we he will has some more opportunities to show if his decisions are good or not.

hentel

newbie

Activity: 92

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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.

Theb

hero member

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How can you relate a price movement of a specific stock of a company to only him? I mean its main factor for its price movement is obviously coming from the performance of the company itself, simply giving President Trump the credit for others work is really not a good idea. The decreasing unemployment rate can be split up to two, one is that a lot of Government Projects are providing jobs to its citizens and the other one is companies are expanding therefore they are hiring more employees, the former is the one Trump can take credit for as he is the one providing the jobs. But if its not the case then Trump don't deserve to have credit from the improved unemployment rate.

udonmez

sr. member

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Until now he seems fine however we also need to consider that Obama left to him really strong economy. So we cannot say that this success only belong to Trump.

reda

sr. member

Activity: 910

Merit: 260

It good for the economy growth. Economy is part of the country. So people growth is country growth. So it help to people growth and country growth. Then economy is automatically improve. So people use the bitcoin for the future saving and bitcoin price is any time to increase. So people hold long time. If need for the other country growth. Check the country economy. Then invest. Most of the business process before lanches check the country economy.

darkangel11

legendary

Activity: 2296

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Don't let others control your BTC -> self custody

Trump is a puppet. He won by being greedy, talking big, getting the votes of the people who believed that something will change, but not much did. He was supposed to put Hillary in jail, was supposed to build the wall in Mexico and make their president pay for it. I bet you won't see any of it. Trump is also openly supporting the Jews. He even said that if he isn't elected Israel will be destroyed. He knows where the money is coming from Wink

shield132

hero member

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I have different thoughts on this task. For me, despite the fact that someone is famous and his word means something, doesn't makes this person so invincible. Also in any way, you need strong back, yeah. It was and will be always like this: magic happens behind the scenes! And this is the place where magicians make their magic.

ss890

sr. member

Activity: 644

Merit: 263

Not sure really but he is not maintaining good relations with the outer countries who are trying to make investment into the US. This is the negative point of the Trump and he think that if other nations come into his one then they might spread the plague. Shocked

But thats completely insane to think as new relationships brings new assets to the nation, new trades make it more fairer for the countries to help each other in the bad times. However trump somehow going against this traditional way of working. May be it can disturb the economic conditions badly.

breathlessz

member

Activity: 770

Merit: 12

Trphy.io

Quote from: Karmakid on June 14, 2018, 10:49:04 AM

Quote from: mcqueen95 on June 04, 2018, 11:48:34 AM

Like any president, Trump is taking credit for good economic news. his highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness.

he's doing better than his opponents will admit and worse than his supporters believe.

There are lots of changes in the country that trump is leading and that is a sign that he is a good decision maker. As he make good decisions and changes in a country, he is also making a big impact in the economic growth of America. He is brave enough to face the consequences of his actions and that is an advantage.

look at the backdrop of trump is a big businessman, i think he would have had a lot of experience to overcome the economic problems, let alone he dared to take unconventional decisions, but of course the American people can enjoy the results

chipzeru

member

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I'm not from America but so far, Trump has done a great job. Like you already mentioned, he managed to reduces the unemployment rate by creating hundreds of thousands of jobs. I think it's because economic is his basic as he's an entrepreneur background. The North Korean denuclearization pledge also one of his big achievement, brings safety to east asian countries like Japan and South Korea.

rc411

newbie

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I am not against Trump does I don't think he's bad for the economy. Every president just wants the best for their country.

Karmakid

sr. member

Activity: 742

Merit: 397

Quote from: mcqueen95 on June 04, 2018, 11:48:34 AM

Like any president, Trump is taking credit for good economic news. his highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness.

he's doing better than his opponents will admit and worse than his supporters believe.

There are lots of changes in the country that trump is leading and that is a sign that he is a good decision maker. As he make good decisions and changes in a country, he is also making a big impact in the economic growth of America. He is brave enough to face the consequences of his actions and that is an advantage.

izanagi narukami

legendary

Activity: 2030

Merit: 1028

If you ask about global economy, of course it's affect in positive or negative depend on their policy for their economic fundamental.

If you ask about bitcoin economy, if he still not against with bitcoin, it means that bitcoin still safe at the moment !

neliawesome

jr. member

Activity: 210

Merit: 1

Im not an American citizen but in my opinion President Trump is just good in handling a business but not to be a leader in a country.First world country needs a first class leader.It means a right one that is fit to the position.Dont know what will happened to USA economy but lets see maybe Im just wrong.

kl8847

full member

Activity: 263

Merit: 100

My main interest about our president is, does he supports cryptocurrencies, and when he would allow us to buy goods in States for Bitcoin or Ethereum? Hehhe.

jseverson

hero member

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Merit: 759

Quote from: Red Fish on June 14, 2018, 09:56:03 AM

US economy is too large, so it is moving by itself. Even President Trump without changes in laws, can not do something for so large ecnomy. But changes in the laws is not in the hands of president. He can speak at US congress, but that's all what he can do.

That's true, but I'd say the recent trade wars can have potentially drastic effects, and he's obviously primarily responsible for them. He's single-handedly alienating allies too lol. That being said, it's hard to really see how he affects things because there doesn't seem to be a healthy middle when it comes to his public perception (and policies, for that matter). Everyone seems to be completely hostile against him or has their nose up his ass, so you have to take what they're writing with a grain of salt.

I don't think the US economy is in any danger of an imminent collapse, but if I were a resident, I'd start diversifying. Bitcoin's pretty cheap so now is a good time lol.

Red Fish

sr. member

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US economy is too large, so it is moving by itself. Even President Trump without changes in laws, can not do something for so large ecnomy. But changes in the laws is not in the hands of president. He can speak at US congress, but that's all what he can do.

Mister1k

hero member

Activity: 896

Merit: 520

Semi political and society thread being here I hope. If you want to invest on any crypto currencies you do not need the help of Trump or Putin. People are the power source to elect them. Since the voters missing to choose the right candidate we cannot change the fate of the government which is not helpful to the people. Actually every bitcoiners knows that bitcoin is the power source to change the world economy with out any control and every one can work independently. But politicians will never let that happen.

Uno17

member

Activity: 322

Merit: 12

President Trump is a successful businessman so most probably he has the ability to be able to bring good economy to his country, but on the other he has not been to politics yet, like starting a lower position first before becoming a president, so there is a tendency he could not execute a wise decision. Or maybe his ways being a businessman is not that effective to a president position.

Topic: Is President Trump good or bad for the economy? - page 8. (Read 1120 times)