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Bill Gates says Trump has the opportunity to be like JFK; The optimism is contagious
Topic Started: Dec 13 2016, 01:34 PM (290 Views)
PATruth
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https://www.yahoo.com/finance/news/talking-trump-bill-gates-likens-144744655.html


President-elect Donald Trump has an opportunity to establish "American leadership through innovation," Bill Gates told CNBC on Tuesday.

"A lot of his message has been about ... where he sees things not as good as he'd like," the billionaire Microsoft (MSFT) co-founder said on "Squawk Box."

"No. No he won't. We'll stop it."
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PATruth
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I don't think Gate's was talking about JFK's propensity to have orgies in the WH either.
"No. No he won't. We'll stop it."
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Freaks
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People have to be optimistic, they don't want things to be as bad it could and may be. It's NOT because Trump is an inspiring person, it's choosing to be hopeful that things won't turn to ruin.
Edited by Freaks, Dec 13 2016, 02:37 PM.
"I'll be the fella to save his Cinderella,
by turnin' her dream world into real life."
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CautionaryTales
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I hate to bring it up but the JFK era didn't end well.


Have you paid your internet taxes?
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PATruth
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Freaks
Dec 13 2016, 02:36 PM
People have to be optimistic, they don't want things to be as bad it could and may be. It's NOT because Trump is an inspiring person, it's choosing to be hopeful that things won't turn to ruin.
Trump is inspiring because he's a pro-business candidate that understands the difficulties businesses face and the problems associated with government regulations. I understand he's not a warm and fuzzy guy but he has a solid agenda that will undoubtedly improve the American business climate. A big change from the "you didn't build that" presidency of Barack Obama.

If Trump can fix some or all of our horrendous tax code, FINALLY end illegal immigration and re-negotiate our horrendous trade deals he will be a great president. He also has to do something with Obama's rapidly collapsing healthcare fiasco and a 20 trillion dollar debt.

Electing a non-politician that understands business is indeed inspiring, just look at how the market reacted to his victory.
"No. No he won't. We'll stop it."
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PATruth
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CautionaryTales
Dec 13 2016, 02:38 PM
I hate to bring it up but the JFK era didn't end well.
True, it doesn't pay to double cross the Chicago Mob. It didn't end well for the Clinton's either, it appears they had a falling out with the Russians.

We FINALLY have real change, that gives us all reason to hope.
"No. No he won't. We'll stop it."
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Robert Stout
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CautionaryTales
Dec 13 2016, 02:38 PM
I hate to bring it up but the JFK era didn't end well.
Liberals would cheer if they saw Trump shot................. :shakeshead:
Jesus can raise the dead, but he can't fix stupid
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PATruth
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Robert Stout
Dec 13 2016, 02:48 PM
CautionaryTales
Dec 13 2016, 02:38 PM
I hate to bring it up but the JFK era didn't end well.
Liberals would cheer if they saw Trump shot................. :shakeshead:
Pence is Trump's insurance policy. A president is always wise to choose a running mate more detestable in the eyes of his political enemies than they are.
"No. No he won't. We'll stop it."
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Attaburnsinhell

Robert Stout
Dec 13 2016, 02:48 PM
CautionaryTales
Dec 13 2016, 02:38 PM
I hate to bring it up but the JFK era didn't end well.
Liberals would cheer if they saw Trump shot................. :shakeshead:
Taken out in handcuffs would be sufficient
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PATruth
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Attaburnsinhell
Dec 13 2016, 02:56 PM
Robert Stout
Dec 13 2016, 02:48 PM
CautionaryTales
Dec 13 2016, 02:38 PM
I hate to bring it up but the JFK era didn't end well.
Liberals would cheer if they saw Trump shot................. :shakeshead:
Taken out in handcuffs would be sufficient
Or added to Mt Rushmore. His hair will be a challenge.
"No. No he won't. We'll stop it."
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CautionaryTales
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Robert Stout
Dec 13 2016, 02:48 PM
CautionaryTales
Dec 13 2016, 02:38 PM
I hate to bring it up but the JFK era didn't end well.
Liberals would cheer if they saw Trump shot................. :shakeshead:
Like atta said, handcuffs will suffice.


Have you paid your internet taxes?
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George Aligator
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Trump has, so far, constructed his administration on two legs which seem contradictory to the angry partisans who form both his support and his opposition. On one hand, he has staffed his cabinet and agencies with outstanding conservatives from the ranks of corporate America. On the other hand, he has come to power on a voter base of working class whites to whom he has made extensive commitments to improve employment and raise wages.

Is the dual basis of Trump's presidency contradictory? Not necessarily. after all, it has long been central dogma in the Republican Party that free market capitalism is the engine that best drives the American economy. " What's good for Genera Motors is good for the country," as Mr. Wilson famously observed in the Eisenhower years.

Can a thriving economy be made to support necessary improvements in the condition of the working classes? It worked like a charm in the 1950s and 1960s, an age now looked back upon as the days of the American Dream. The crucial difference between then and now is the collapse of organized labor. Will the federal government be able to replace the unions as the guarantor of workmen's jobs, wages and benefits?

There is no doubt that such a program could work economically. The critical question is whether Trump can make it work politically. Trump is a virtuoso deal maker with strong personal motivation to enjoy the popularity which goes with success. I'm sure he will give it a try.
Conservatism is a social disease
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PATruth
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George Aligator
Dec 13 2016, 03:02 PM
Trump has, so far, constructed his administration on two legs which seem contradictory to the angry partisans who form both his support and his opposition. On one hand, he has staffed his cabinet and agencies with outstanding conservatives from the ranks of corporate America. On the other hand, he has come to power on a voter base of working class whites to whom he has made extensive commitments to improve employment and raise wages.

Is the dual basis of Trump's presidency contradictory? Not necessarily. after all, it has long been central dogma in the Republican Party that free market capitalism is the engine that best drives the American economy. " What's good for Genera Motors is good for the country," as Mr. Wilson famously observed in the Eisenhower years.

Can a thriving economy be made to support necessary improvements in the condition of the working classes? It worked like a charm in the 1950s and 1960s, an age now looked back upon as the days of the American Dream. The crucial difference between then and now is the collapse of organized labor. Will the federal government be able to replace the unions as the guarantor of workmen's jobs, wages and benefits?

There is no doubt that such a program could work economically. The critical question is whether Trump can make it work politically. Trump is a virtuoso deal maker with strong personal motivation to enjoy the popularity which goes with success. I'm sure he will give it a try.
Good post. Trump will be judged, at least by the middle class, by the effect of his policies on middle class wages. To raise wages in an advanced economy one must first boost productivity and second increase the demand for labor. He can increase productivity by simplifying the tax code. Companies spend as much on tax accountants as they do on plant and equipment. To offset higher wages in the US he has to lower the corporate tax rate to a competitive level and eliminate most of the frivolous tax deductions that do not encourage investment in capital goods. A growing economy is the best way to increase demand for wages. At the low wage level decreasing labor supply, illegal immigration would also have a positive effect. The US also has a HUGE need for infrastructure spending, that increases demand for union workers and other skilled tradesman. If he can't do it with a Republican majority in both Houses he has few excuses.
"No. No he won't. We'll stop it."
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George Aligator
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As with his economic goals, Trump faces foreign policy opposition from within his party, possibly more serious opposition than from the stunned Democratic minority.

Tillerson as Secretary of State will be leading Trump's soft-line Russian policy, something that the hawks, led by McCain are not happy with. This discontent is likely to amplify right-wing opposition to large scale infrastructure spending and other adjustments which will require either tax increases or additional federal debt, both of which Trump has denounced.

True, an annual increase in GDP in the area of 4% could smooth the way to success for Trump's ambitious goals of economic growth, deficit reduction and help for the middle and working classes. Daddy Bush also chased after the glimmer of 4% annual growth a generation ago. It may still be a will o' the wisp beyond the reach of fiscal policy. In that case, the Trump years are going to be politically unpleasant as things have been since the new millennium began. I sure hope not.
Conservatism is a social disease
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