We all know that Trump is loud mouthed and tends to goad the media into attacking him, which makes him difficult to defend. However, his policies aren’t the ultimate disaster his opponents claim, and real change from our previous policies is desperately needed. We need to somehow get past the name calling to discuss what is really going on.
I’m pasting this from a Facebook post so that I don’t need to rewrite it. Ill probably update this thread if more Q&A commences. Here goes.
I hear constant complaints about Trump, but pick any issue and I can explain how Obama’s policy was actually worse.
Comment with issues to address:
Okay, I’ll play ball. Why not.🤓
1. Trumps tax cuts a.k.a ‘trickle down economics’ only helped corporations and millionaires. Stock buybacks at record highs with median salaries barely budging and the U.S deficit is projected to be 1 trillion in 2019.
2. Trump’s bromance with Putin. He has this odd affinity for a murderous dictator and yet he pisses off our allies.
3. The trade war. Tariffs will only raise prices on U.S consumers. That’s basically a tax. And now trump wants to aid farmers with a 12 billion dollar bailout for those affected by the tariffs? Kinda like shooting yourself in the foot and complaining and why it hurts.
4. Trump has said/tweeted over 3,000 false or misleading statements since becoming president He lies about everything. He lies about Russia collusion, lies about calling the FBI corrupt and calls legitimate news organizations ‘fake news’.
I have more to say but I’ll stop. I think he’ll go down as possibly the worst president ever elected.
Issue #1. Trump’s cuts on the individual side we’re skewed toward the working class. They increased the standard deduction which helps those who don’t itemize (lower income) more than those who do and gave renters a bigger break than homeowners. The top and bottom rates didn’t change, but the ones in the middle all went down a bit.
For the corporate side, I understand his thinking – the mercantilist idea of getting companies to relocate here by making rates competitive. Though I think stock buybacks should be illegal (as in pre-Reagan times) and I’d prefer more heavy-handed treatment of MNC’s, I believe he actually did that to try to bring good jobs back to the US.
The massive QE for the wealthy in the past decade shows that we had better get that government defecit up to absorb central bank money or labor’s return will be deminished even more than it already has in relation to capital.
Issue #2 foreign policy:
Trump is correct to note that militarily, our allies as the UK and Israel have been more consistently on our side than continental Europe.
We need Russia to secure any peace in Iraq and Syria. Russia isn’t a natural enemy if we know our history and recognize it’s national interests. You have to recognize that they are on the defensive in many ways. A warm-water port is key to Russian interest and they have held Sevestapol since the late 1700’s. Khruschev moved borders east to help cement power to the west when the Russians held Eastern Europe in their empire. It came back to bite them hard after the breakup, and they will do anything to hold Sevestapol – which became a major issue when Ukraine tried to join the EU. We can work together if we know what they can bend on and what they can’t. Our disatrous foray in Iraq shows we need them if we want to stabilize the region.
Contrast with Obama – he consistently derided the UK and Israel, and he angered US allies in the Philippines & Japan while antagonizing China, India, and many African nations through his constant moralizing and decrees in the United Nations. His “leading from behind” policy created a power vacuum in the middle East and north Africa, which still have large pockets of instability today.
Issue #3 Tariffs.
I strongly believe that free trade is a two-faced issue for the Democrats. They say they support the environment and labor, all while supporting the relocation of jobs to countries with the lowest protections for both the environment and the worker and effectively excluding many Americans from participating in the American economic system through the resulting shortage s of secure jobs.
Most of our trading partners recognize that free trade doesn’t work as it leads to labor arbitrage, the concentration of wealth at the top, and the civil unrest that ensues. Add the environmental cost in allowing the ramp-up of damaging industries in areas unwilling or unable to regulate them and it’s a real problem. I believe the EPA should have the power to apply fees, taxes and tariffs but thats just a pipe dream for now. At least we have the start of a policy which recognizes that free trade is not always good for the American people.
4. All politicians lie. Trump is abnoxious and bombastic, and he does goad the mainatrem media into hating him. However, you must understand that news in our country is not an honest enterprise bringing info to the people for viewership leading to profit. Most news agencies are money-losers which have been purchased by political interests to press their viewpoints. They don’t give an honest assessment of any of the issues affecting us and their interests clearly lie with the wealthy elites and political insiders. When the insiders start to push back on wealth inequality and support the expansion of small business and break up the larger companies I’ll take notice, but for now we need new blood from anywhere we can get it, including Ocasio Cortez and Bernie Sanders as well as the abnoxious Trump.
The worst presidents are often the best speakers.
Bill Clinton destroyed the public sector labor unions and cemented the tie between big Democrats and Wall Street through NAFTA and financial deregulation. Newt Gingrich was no help either, but he doesn’t absolve Bill Clinton.
Obama clearly supported no one but Wall Street throughout his tenure. Why do you think he did nothing when Wall Street firms bought up insulin drugs and such, increased their costs tenfold under shell corporations, and then sold them to pension funds for big gains? Why did he invite Wall Street to become the new big landlords to make the housing market stay unaffordable for median income workers? Why did he encorage vast consolidation in banking through Dodd Frank? Why did he allow the wealth of the top 1% to grow exponentially while working class people saw nothing but less stable employment, stagnant wages at best, and a skyrocketing cost of living all while being told inflation was actually low and the job market was actually improving? Headline CPI and headline unemployment are very misleading indicators by design.
In my view the reason so many people are angry is shown well in this chart:
When the wealth of the top 0.1% exceeds that of the bottom 90%, it creates artificial shortages which squeeze many out of the system.
Towns are being abandoned and homes demolished in places like Michigan where they lost all those manufacturing jobs, while people are forced to crowd into other overpriced cities to find any work at all. Any work that could have been done from home has been outsourced long ago. Part of the American dream has long been to own a home to raise a family in, which is impossible in many parts of the country due to soaring costs in the big cities and lack of jobs outside them. Most people want to be part of the system but tent cities and homeless populations are growing larger than ever, all in a country of great wealth.
Both the insider Democrats and insider Republicans live in a bubble and don’t acknowledge these problems. Outsiders like Trump and Bernie are popular because they at least know that a majority of Americans are in trouble.