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Should he run for a second term ?

Wunderfool

Alfrescian (Inf)
Asset
Holy molly !

After all the mess he created to the world's economies and the animosity that he made with almost every world leader , and calling all those American citizens in Congress and Federal Bank who did not agree with him as "enemies" of the States, it is a scary thought indeed that he should continue for a second term.
 

Wunderfool

Alfrescian (Inf)
Asset
In a series of angry tweets earlier in the day, Mr. Trump called for American companies to cut ties with Beijing and said the United States would be economically stronger without China. Those comments sent stocks plunging, helping push the market to its fourth straight weekly loss. The president also called the Fed chair, Jerome H. Powell, an “enemy” of the United States and compared him to President Xi Jinping of China, his trade nemesis, after Mr. Powell declined to signal an imminent cut in interest rates.

Talks between China and the United States have largely stalled, with Beijing refusing to accede to the United States’ trade demands. As economic damage from the yearlong dispute mounts, Mr. Trump has taken a scattershot approach to spurring the economy: clamoring for the Fed to cut interest rates, teasing the idea of tax cuts and, on Friday, commanding American companies to do his bidding against China.

“Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing our companies HOME and making your products in the USA,” he tweeted, adding, “We don’t need China and, frankly, would be far better off without them.”

Mr. Trump has been counting on Mr. Powell to help blunt the effect of his trade war by cutting interest rates to keep the economy humming. While Mr. Powell said on Friday that the Fed could push through another cut if the economy weakened further, he suggested that the central bank’s ability to limit economic damage from the president’s trade war was constrained.

“My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” the president tweeted.
 

Wunderfool

Alfrescian (Inf)
Asset
Mr. Trump’s wild and unscripted pronouncements on Friday renewed questions about his stewardship of the world’s largest economy even as he escalated a trade war with China before heading to France for a high-profile summit with the leaders of many of the world’s other major industrial powers.

Even some of his own aides and allies were alarmed by his behavior, seeing it as the flailing of a president increasingly anxious over the dark clouds some have detected hovering over an economy that until now has been the strongest selling point for his administration. They privately expressed concern that he was hurting the economy and was doing lasting damage to his own prospects for re-election.

Mr. Trump has become one of the biggest sources of global economic instability after presiding over a period of growth and job creation. While investor and consumer confidence at first rose impressively after Mr. Trump’s election and inauguration, lately so have indicators of economic uncertainty, which could dampen the continued growth the president seeks heading into his campaign for a second term.

“Uncertainty is generally bad for the economy, as firms put off making fixed investments until the uncertainty is resolved,” said N. Gregory Mankiw, a Harvard professor and former chief White House economist for President George W. Bush. “Of course, uncertainty is an inevitable fact of life. But uncertainty caused by erratic policymakers is gratuitous.”
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Trump is doing a fantastic job. It requires a steady nerve and bold actions but that is what it takes to undo the mess that the previous administration created.
 

syed putra

Alfrescian
Loyal
Trump is now fighting on multiple fronts. And creating ever more fronts. Hitler, napolean all lost fighting on too many fronts.
 

nightsafari

Alfrescian
Loyal
Trump is doing a fantastic job. It requires a steady nerve and bold actions but that is what it takes to undo the mess that the previous administration created.
either that or steeped in unearned confidence.

and maybe, possibly the ultimate poster boy for dunning-kruger. :roflmao:
 

red amoeba

Alfrescian (Inf)
Asset
I am all for trump running for second term. Especially hope that he run China into the ground and start world war 3 with Russia.
 

Wunderfool

Alfrescian (Inf)
Asset
Trump is doing a fantastic job. It requires a steady nerve and bold actions but that is what it takes to undo the mess that the previous administration created.


His economic and foreign policies are flailing. His " America first " policies at the expense of the other nations' economic growth isolated him from the rest of the world's leaders. He is no longer recognized as the global leader that can maintain law and order for the world. America cannot possibly be strong while the rest of the world tank. The world is too interconnected. And there are forces bigger than Trump that when threatened , can react and cause immense damage to their economy and global financial markets.

Calling US companies to sever their supply chain from China is not the legal tool for the President to use. He does not have the authority to issue the order. Only a Soviet-style command and control potentate is able to do that ... and that will not be the United States of America. Americans should , by now, wake up to the reality that this is not democratic America under Trump.

This is the new Trump America that embraces racism, white nationalism, president's rule above law.
 
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Leongsam

High Order Twit / Low SES subject
Admin
Asset
His economic and foreign policies are flailing. His " America first " policies at the expense of the other nations' economic growth isolated him from the rest of the world. He is no longer recognized as the global leader that can help order and stability the world. America cannot possibly be strong while the rest of the world tank. The world is too interconnected. And there are forces bigger than Trump that when threatened , can react and cause immense damage to their economy and financial markets.

Calling US companies to sever their supply chain from China is not the legal tool for the President to use. He does not the authority to issue the order. Only a Soviet-style command and control potentate is able to do that ... but that will not be the United States of America.

He has made America great again and he is taking action against the cheating, lying, thieving Chinese and because of that he has my undying support.
 

syed putra

Alfrescian
Loyal
Iran president visiting ch8na next week. Expect huge orders for C-919. Not sure if they can substitute US made parts and avionics with those of other nations. Plus missiles and weapons in exchange for oil.
 

mojito

Alfrescian
Loyal
Holy molly !

After all the mess he created to the world's economies and the animosity that he made with almost every world leader , and calling all those American citizens in Congress and Federal Bank who did not agree with him as "enemies" of the States, it is a scary thought indeed that he should continue for a second term.
Oppies have been called enemies of the state for years. Why you not speak up against PAP? :cautious:
 

whoami

Alfrescian (Inf)
Asset
Trump is doing a fantastic job. It requires a steady nerve and bold actions but that is what it takes to undo the mess that the previous administration created.

U sound like Tun Mahathir. Blaming everything on his predecessor...
 

Wunderfool

Alfrescian (Inf)
Asset
Trump is so afraid that the economy will go into a recession in 2020 and kill his chance of a re-election that he is going on an all out war on the Fed and China.
 
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Wunderfool

Alfrescian (Inf)
Asset
JACKSON, Wyo. — Jerome H. Powell, the Federal Reserve chair, kept future interest rate cuts squarely on the table on Friday but suggested that the central bank was limited in its ability to counteract President Trump’s trade policies, which are stoking uncertainty and posing risks to the economic outlook.

Mr. Powell’s remarks drew a swift and angry reaction from Mr. Trump, who equated the Fed leader with the president’s adversary in the trade war, President Xi Jinping of China.
“My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?,” Mr. Trump wrote in one of a series of Twitter posts.

The president’s harsh response to Mr. Powell, a frequent target of Mr. Trump’s ire, came after the Fed chair suggested that the central bank may be unable to overcome economic uncertainty stemming from the president’s trade war.

“While monetary policy is a powerful tool that works to support consumer spending, business investment and public confidence, it cannot provide a settled rule book for international trade,” said Mr. Powell, who spoke in Jackson, Wyo., at the Federal Reserve Bank of Kansas City’s annual symposium.

“Our challenge now is to do what monetary policy can do to sustain the expansion” to achieve the Fed’s goals of low unemployment and stable inflation, he had said earlier in the speech.

Mr. Powell’s remarks indicated that the Fed, which cut interest rates in July for the first time in more than a decade, remained willing to cut them again in order to keep the economy growing. But his reluctance to clarify the timing or size of any such move highlighted the central bank’s predicament: Unemployment is low and consumer spending is strong, but Mr. Trump’s trade conflict is fueling uncertainty, weighing on manufacturing and roiling markets. And the Fed is limited in its ability to resolve unpredictability.

“Trade policy uncertainty seems to be playing a role in the global slowdown and in weak manufacturing and capital spending in the United States,” Mr. Powell said, adding that there were “no recent precedents to guide any policy response to the current situation.”
 
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