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  3. Office of The Former President

Office of The Former President

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  • JollyJ Jolly

    @rainman said in Office of The Former President:

    I think Trump will wear the impeachments as a badge of honor, and a symbol of what the political elites in the swamp do to the middle class. It is a great opener, to talk about the impeachments, and what they really meant, and use that to rally a crowd.

    Trump will still attack the elites, even though he is one with bags of money. He is the only one that represents the flyover country. Nobody else does. Not Republican, and especially not Democrat.

    But, people are moving, socialism creeps in more and more.
    Democrats are now far-left or shut up.
    And there's a couple of years for the Dem's to get away with whatever they want, and that's a couple of years to plan, and to build. Maybe. Certainly will be entertaining to see what Trump does.

    Economy.

    At some point, you run out of other people's money. I don't buy into MMT. I don't think socialism can work.

    And I think that as Joe taxes and tanks the 401k market, he's going to run into a political buzzsaw.

    taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote on last edited by
    #31

    @jolly said in Office of The Former President:

    And I think that as Joe taxes and tanks the 401k market, he's going to run into a political buzzsaw.

    (https://www.barrons.com/articles/presidents-dont-influence-the-economy-as-much-as-you-might-think-51610620201)

    Posted the link in another forum thread, but fits here too.

    QUOTE
    Eight years and one economic disaster later, America took a hard left turn and elected Franklin D. Roosevelt, the anti-Coolidge. Barron’s warned that the Democrat was a “public-ownership” devotee at “the ‘red’ end of the spectrum,” and Roosevelt did indeed usher in the era of big government.

    Yet during FDR’s first term, the Dow soared to 185.96 from 53.84—a jump of 245%, surpassing Coolidge’s bump by a wide margin.

    If this tells us anything about presidents and their economic success, it’s that timing is everything. Take Herbert Hoover. He assumed office at the Coolidge peak and got buried when it collapsed. War and disease upended other presidencies. All administrations are subject to larger global forces that often scuttle even the best-laid economic plans.

    1 Reply Last reply
    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #32

      If you think Joe taxing 401k funds is not going to have a major effect upon the market, you need to think that over again.

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

      taiwan_girlT AxtremusA 2 Replies Last reply
      • JollyJ Jolly

        If you think Joe taxing 401k funds is not going to have a major effect upon the market, you need to think that over again.

        taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote on last edited by
        #33

        @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

        I don’t see any reason why President Biden would be that different from the historical average.

        HoraceH 1 Reply Last reply
        • taiwan_girlT taiwan_girl

          @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

          I don’t see any reason why President Biden would be that different from the historical average.

          HoraceH Offline
          HoraceH Offline
          Horace
          wrote on last edited by
          #34

          @taiwan_girl said in Office of The Former President:

          @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

          I don’t see any reason why President Biden would be that different from the historical average.

          Then you have to ask yourself the question, what reason might you possibly say?

          Education is extremely important.

          taiwan_girlT 1 Reply Last reply
          • HoraceH Horace

            @taiwan_girl said in Office of The Former President:

            @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

            I don’t see any reason why President Biden would be that different from the historical average.

            Then you have to ask yourself the question, what reason might you possibly say?

            taiwan_girlT Offline
            taiwan_girlT Offline
            taiwan_girl
            wrote on last edited by
            #35

            @horace said in Office of The Former President:

            @taiwan_girl said in Office of The Former President:

            @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

            I don’t see any reason why President Biden would be that different from the historical average.

            Then you have to ask yourself the question, what reason might you possibly say?

            What I have always said. The president does not have as much affect as people say. The president gets too much praise when everything goes up up up, and too much blame when everything goes down.

            HoraceH 1 Reply Last reply
            • taiwan_girlT taiwan_girl

              @horace said in Office of The Former President:

              @taiwan_girl said in Office of The Former President:

              @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

              I don’t see any reason why President Biden would be that different from the historical average.

              Then you have to ask yourself the question, what reason might you possibly say?

              What I have always said. The president does not have as much affect as people say. The president gets too much praise when everything goes up up up, and too much blame when everything goes down.

              HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by
              #36

              @taiwan_girl said in Office of The Former President:

              @horace said in Office of The Former President:

              @taiwan_girl said in Office of The Former President:

              @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

              I don’t see any reason why President Biden would be that different from the historical average.

              Then you have to ask yourself the question, what reason might you possibly say?

              What I have always said. The president does not have as much affect as people say. The president gets too much praise when everything goes up up up, and too much blame when everything goes down.

              effect.

              Education is extremely important.

              RainmanR 1 Reply Last reply
              • HoraceH Horace

                @taiwan_girl said in Office of The Former President:

                @horace said in Office of The Former President:

                @taiwan_girl said in Office of The Former President:

                @jolly all I am saying is that if you look at historic‘s, there is very little difference between the terms of a democrat and Republic.

                I don’t see any reason why President Biden would be that different from the historical average.

                Then you have to ask yourself the question, what reason might you possibly say?

                What I have always said. The president does not have as much affect as people say. The president gets too much praise when everything goes up up up, and too much blame when everything goes down.

                effect.

                RainmanR Offline
                RainmanR Offline
                Rainman
                wrote on last edited by
                #37

                @horace She must mean flat affect.

                1 Reply Last reply
                • HoraceH Horace

                  @89th said in Office of The Former President:

                  @horace said in Office of The Former President:

                  I mostly know this due to my study and knowledge of history.

                  Don't you mean, herstory? You sexist pig.

                  I am TNCR's preeminent herstorian. By understanding the past, I can predict, er, prevagina, the future.

                  KlausK Online
                  KlausK Online
                  Klaus
                  wrote on last edited by
                  #38

                  @horace said in Office of The Former President:

                  I am TNCR's preeminent herstorian. By understanding the past, I can predict, er, prevagina, the future.

                  👌

                  1 Reply Last reply
                  • JollyJ Jolly

                    If you think Joe taxing 401k funds is not going to have a major effect upon the market, you need to think that over again.

                    AxtremusA Away
                    AxtremusA Away
                    Axtremus
                    wrote on last edited by
                    #39

                    @jolly said in Office of The Former President:

                    ... Joe taxing 401k funds ...

                    There you go again with a half truth. Thou shalt not bear false witness. Repent!

                    JollyJ 1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote on last edited by
                      #40

                      I’m totally on board with the change to a tax credit instead of a deduction. Makes sense. I like the refundable part.

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      1 Reply Last reply
                      • AxtremusA Axtremus

                        @jolly said in Office of The Former President:

                        ... Joe taxing 401k funds ...

                        There you go again with a half truth. Thou shalt not bear false witness. Repent!

                        JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #41

                        @axtremus said in Office of The Former President:

                        @jolly said in Office of The Former President:

                        ... Joe taxing 401k funds ...

                        There you go again with a half truth. Thou shalt not bear false witness. Repent!

                        Lad, if anybody needs some Jesus around here, it would be you.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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