Trump's achievements

1) Trump’s overall contribution to the national debt, for the bills he has signed into law, is projected to top $4.1 trillion, according to the nonpartisan Committee for a Responsible Federal Budget(https://www.crfb.org/). 

The largest portion of this increase is coming from Trump’s tax cuts for the wealthy and corporations, which are projected to boost the nation’s debt by $1.8 trillion.

“From a purely economic standpoint, the Tax Cuts and Jobs Act of 2017 has been an enormous flop,” writes Michael Linden, executive director of the Groundwork Collaborative. Average U.S. job creation per month has actually declined in the nearly two years since the law passed. And wage growth has been only a small fraction of what the White House promised.

2) Another of Trump’s great promises was that he would eliminate the U.S. trade deficit. Here again, Trump’s performance has been disastrous. Far from declining, the U.S. trade deficit is now running some 40 percent above the level it was running when Trump first assumed office. 

https://thehill.com/opinion/finance/468418-so-much-for-the-trump-economic-miracle

3) Farm bankruptcies grew to the highest level since 2011, according to the American Farm Bureau Federation.

“Farm debt in 2019 is projected to be a record-high $416 billion,” the Farm Bureau reported in October, while farm income is 29 percent lower than in the record year of 2013.

https://www.fb.org/market-intel/farm-bankruptcies-rise-again

4) Trump’s failures in business has been largely hidden by this refusal to release his tax returns. According to the New York Times, which was able to obtain tax information from 1985 to 1994, Trump had about $1.17 billion in business losses in these 10 years alone.

https://www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-taxes.html

what happened between 1994 and 2016 ?

5) Trump Has Spent Millions More of the Public’s Money Golfing in Three Years Than Obama Did in Eight 

The only thing Trump cares about is the stock market. Nothing else is even in his little brain. Since his public companies and debt were BK'd out years ago his fixation on the market as a measure of the country is pathetic.

Oh and since he couldnt float debt lower than 10% for his defunct companies he demands the FED go negative in rates because we cant compete and win without a handout from the FED to the detriment of savers...savers are not important since his only focus is if the market goes up or down.

In 4 years we will be speaking Russian !

I always wanted to learn Russian.

Rosetta Stone will cost you about 400 bucks.

Not learning to speak English riles me up & is prevalent in South Florida. We have Spanish, Creole, Portuguese, French & Russian.

If you work in Miami, you must be bi-lingual in English & Spanish. Even back in 76 when I moved to Florida it was already slowly changing. I worked Fri/Sat nights as a teller @ Dania Jai-Ali. Bettors would attempt to rattle off their plays in Spanish & I made it clear if they were coming to my window, they had to speak English.

The world is changing big time!

What a great thread  !  He has so many accomplishments in less than 3 years  ;

Lowered corporate tax rates so u.s. companies are more competitive globally 

Lowered the individual tax rate for all Americans 

Raised the standard of living for all Americans by increasing wage growth 

Reduced frivolous regulation 

Got tough w China, when no one else would have dared rock the boat.  Thank God we have a president that believes in principles and wont let the cheating Chinese continue..

Wow, so much has been already been  done !!!!

Hashtag Winning!!!!

What I find as odd is that people such as Rush really believe the stuff posted there, or that rationalization for those actions were necessary.

A few comments, not that it matters...Trump fans could give two craps about reality or truth its all about party and agenda.

Tax rates did not go down, in fact they went up. By raising the standard deduction and eliminating certain deductions in the process the net impact was a tax increase. I have not heard a single lower to middle class person say their taxes were less, I know I am middle class and mine went up. People who own houses and were able to bump past the standard deduction now that do not have been negatively impacted with the bracket increase. 

Why did corps need a tax freebie and lower rates to be competitive globally? Why is this required and what does domestic taxes have to do with global competitiveness? Corps earned revenues and gamed the system by keeping cash parked offshore, those taxes were in the past and due. It slaps the face of the US taxpayer who a high high majority cannot side step taxation like this and THEN get off the hook like Trump allowed. Its an elitist insult which was given under a fake and phony pretense...that allowing corps to bring cash back would stimulate hiring. That is not how corps make hiring decisions and it did not result in hirings, it resulted in corps buying back stock to enrich investors and management who own restricted shares...the little guy got nothing, typical Trump behavior.

Trump has stomped on the environment and made it easier for corps to not be concerned with safety and pollution which works great for corps but when these decisions harm the citizen as it always does the corp has long past moved on and the harm is borne by the taxpayer, not the corporation. The reason for regulations always comes from abuses corps place on the economy and consumer, eliminating regulations to make corps more money is absurd and disgusting.

Trump has done nothing to China...what exactly has he done that is in ink and has BENEFITED citizens exactly? Tariffs costs are absorbed by consumers and I have not seen anything other than posturing and headlines, nothing has been accomplished of merit, temporary tariffs are not winning, nothing has been proven to benefit the US and especially the consumer. Pushing inflation as Trump wants to do is not beneficial to the consumer at all.

Standard of living improvement, is this even tangible? What is considered an increase of standard of living exactly? Is it quantifiable? I dont consider my standard of living to be improved in the last three years, what is a measurement that you can point to that actually proves this claim? To me standard of living is a longer duration than three years...to me improving standard of living might mean that people are better prepared for the future and have money in the bank and in savings that they have excess cash past their obligations and can save/invest. That is not the case in this economy, people are saving less and investing less...well people meaning the majority of us, not the elite who HAVE gained under Trump. The ELITE, who are his owners have benefited at the expense of the voter...the little guy who gets suckered in and actually thinks as Rush does, actually thinks giving corps freebies means more jobs that thinks decimating the saver means a higher standard of living, that eliminating regulations helps the consumer and citizen.

Trump has been an elitist servant at the expense of the 99%.

FWIW we don't know most of our financials situations of individuals on the board or how Trump has helped/hurt each individual.  People tend to look at their lives through an egocentric lens and think that's all they need to do.  I urge people in this new decade to simply look at things from other people's perspective.  The partisan tribalism needs to end.

I have done my own taxes for decades, I have an accounting degree and so I guess I know how to file taxes and interpret deductions and tax brackets.

My taxes went up last year. Our household income was within 1% of previous years, nothing changed from an income perspective. I am middle class and was able to pass over the standard deduction in the past and extra. In the process I was able to deduct things that now I cannot and in the process my taxes went up. Not sure how complicated it is to compare tax results since the software does it for you and analyzes the differences. I am not out picketing liberals to get a list of tax returns to fit an agenda. I have other middle class friends and associates and the subject comes up especially around tax season, this and last. I have a relative who runs his own accounting firm for businesses and also does taxes for individuals and his comment was the same...he had not seen a single filer who did not pay more in taxes under the change. Removing the deductions that they did and filtering the brackets EXACTLY as they did was intentional to raise taxes on the middle class and remove the ability for most middle class to itemize.

There might be people who are in areas where they did not utilize deductions and might have a marginal improvement IF they were surfing right around that threshold and did not itemize before. That has not been my experience or any person I have discussed the topic with. I kind of wish I had found someone who did get a benefit, want to know why? So I could find out what that scenario was to how they benefited. I would have asked a few questions about itemizing and deductions to see what made it better for them while worse for every other person I have talked to.

I dont think it is a good thing for a variety of reasons. Things go away for the taxpayer in 2025, brackets go up and "breaks" go away...for corps and the upper class the changes stick, they do not go away. Does that sound like a fair deal?

I think you are confused withholding schedules and tax liability. I dont care if they take less out a check, I care about liability and bracket creep. The people who got soaked were those who could drop below the higher bracket into the lower one with the write offs making impact. With the bump in standard deduction but drop in personal exemption the net benefit is minimal. The winners are corps and the elite, which is exactly what the plan was all along. 

Wallstreet, which one of Warren’s or Biden’s platforms are you the most excited about? 

Curious...why do you think that I support either of those two?

Raiders, I dispute that many did save, I do not see how that is possible unless you fall into the elite group or if you were not claiming write offs and somehow you fell into a dead spot in the scheme.