Donald Trump for President Thread

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Trump currently looks like a teenager watching his parents using his laptop and trying to remember if he deleted his search history...
 
So, how many pages does this thread hit? Are we eventually going into Landycakes territory?

With that forehead, Donovan will never be mistaken for Trump, but he can sustain a thread like nobody's business.

</inside GOT>
 
http://www.newyorker.com/business/a...can-and-cant-tell-us-about-a-trump-presidency
"The markets are bad at measuring longer-term threats. At base, our way of life is rooted in a series of explicit and implicit commitments that the United States has made with much of the world since 1946. We will maintain our currency and responsibly pay our debts so that, instead of gold, the world can have the dollar as a safe base upon which all other economic activity can take place. We will fund and manage global institutions that, while far from perfect, provide some sense of order and fairness to global business. These include the United Nations, the World Bank, the International Monetary Fund, and the World Trade Organization. We will use our Navy to make the seas safe for commerce and our military might to insure that the world’s developed nations see their interests and ours as intertwined. Trump has attacked every one of these foundations. How much should you pay for Apple stock, say, if we have to worry about the dollar plummeting in value and the President declaring a trade war on China, which is both Apple’s chief supplier and its fastest-growing market? There is no financial model, right now, for that many levels of structural uncertainty.

Markets are designed to make relatively minor adjustments on a fundamentally sound base. They never perform well when the base itself is under assault, as it was during the financial crisis of 2008. There was a lot of talk, leading up to that crisis, about the various worries in the global economy—subprime lending, China’s huge cash surplus, overleveraged banks. But it took years for most investors to understand fully that these weren’t normal problems in a functioning market. When they finally understood that the market had ceased being normal and couldn’t function, it was no longer possible to deal with it in the normal fashion of selling lousy stuff and moving money to assets that had more promise. The markets were themselves frozen and incapable of responding, which made the already toxic assets even more dangerous.

Donald Trump’s proposed policies are, in this technical sense, toxic. Of course we don’t know yet how his confused policy proposals will be presented to Congress or whether a Republican Congress will see itself as a check on his worst impulses or a booster of them. But what he said on the campaign trail suggests that there could be many unintended economic consequences (and some terrifying intended ones). The repeal of Obamacare, alone, would force many people to forgo their riskier, entrepreneurial ambitions for the safety of a job with a health plan. Curtailing immigration will redirect the world’s most ambitious citizens elsewhere. A trade war with Mexico and China would be damaging in ways that are hard to fathom or measure. Trump’s tax plan will turn America’s serious but manageable debt burden into a crisis weighing on future generations."
 
abelard said:
http://www.newyorker.com/business/a...can-and-cant-tell-us-about-a-trump-presidency
"The markets are bad at measuring longer-term threats. At base, our way of life is rooted in a series of explicit and implicit commitments that the United States has made with much of the world since 1946. We will maintain our currency and responsibly pay our debts so that, instead of gold, the world can have the dollar as a safe base upon which all other economic activity can take place. We will fund and manage global institutions that, while far from perfect, provide some sense of order and fairness to global business. These include the United Nations, the World Bank, the International Monetary Fund, and the World Trade Organization. We will use our Navy to make the seas safe for commerce and our military might to insure that the world’s developed nations see their interests and ours as intertwined. Trump has attacked every one of these foundations. How much should you pay for Apple stock, say, if we have to worry about the dollar plummeting in value and the President declaring a trade war on China, which is both Apple’s chief supplier and its fastest-growing market? There is no financial model, right now, for that many levels of structural uncertainty.

Markets are designed to make relatively minor adjustments on a fundamentally sound base. They never perform well when the base itself is under assault, as it was during the financial crisis of 2008. There was a lot of talk, leading up to that crisis, about the various worries in the global economy—subprime lending, China’s huge cash surplus, overleveraged banks. But it took years for most investors to understand fully that these weren’t normal problems in a functioning market. When they finally understood that the market had ceased being normal and couldn’t function, it was no longer possible to deal with it in the normal fashion of selling lousy stuff and moving money to assets that had more promise. The markets were themselves frozen and incapable of responding, which made the already toxic assets even more dangerous.

Donald Trump’s proposed policies are, in this technical sense, toxic. Of course we don’t know yet how his confused policy proposals will be presented to Congress or whether a Republican Congress will see itself as a check on his worst impulses or a booster of them. But what he said on the campaign trail suggests that there could be many unintended economic consequences (and some terrifying intended ones). The repeal of Obamacare, alone, would force many people to forgo their riskier, entrepreneurial ambitions for the safety of a job with a health plan. Curtailing immigration will redirect the world’s most ambitious citizens elsewhere. A trade war with Mexico and China would be damaging in ways that are hard to fathom or measure. Trump’s tax plan will turn America’s serious but manageable debt burden into a crisis weighing on future generations."
Click to expand...

LmY5p.gif


That said, it's about time some of these questions were asked. Give it time. Again, this reminds me of 1980.
 
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