Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: RayChuang88

“I also think that Trump may seriously look at new form of nuclear power called the molten salt reactor.”

I am concerned when I read, not one, but a dozen statements similar to “Trump will (Something down in the nitty-gritty.)” A president leads by setting policy and articulating a vision. (This is why Obama’s changes made with a pen and a phone will be short-lived.) I fear we are setting ourselves up for disappointment when he fails to deliver all of the miracles we are expecting. While this speculation articulates our relief that we are not heading into “1984” (the novel) it is setting our expectations very high. I think things will get better, probably quickly. But, believe me, there will be plenty of downside he had no control over. For example, Obama dumped an unbelievable amount of cash into the economy for zero effect. The reason it had no effect is those who got the cash didn’t spend it. People, or in this case, institutions, don’t spend on disposable items or invest in plants and materials if they are terrified they may need that cash at any moment just to survive. As the Trump optimism permeates the economy that money will start to splash all over the place. Inflation will run rampant and the value of the dollar will substantially decrease. All of this disaster, caused by Obama, will appear on Trump’s watch. (Similarly, it was what Reagan did to the economy that made Bill Clinton look like a magician.)

Batten down the hatches and prepare to remain cautiously optimistic for the next four, or, hopefully, eight years.


14 posted on 01/05/2017 5:01:32 AM PST by Gen.Blather
[ Post Reply | Private Reply | To 5 | View Replies ]


To: Gen.Blather
While I understand your skepticism, the reason why businesses didn't spend to expand businesses was obvious: everyone feared--rightfully as it turned out--how the Obamacare mandates would effectively squash all discretionary spending. But now with Obamacare headed towards its end, everyone is more willing to spend money to expand business operations, and that in the end will raise the economy on a broad-based scale.

By the way, Bill Clinton lucked out as President because his Presidency came at the time when the Internet became the next frontier for investment--as a result, by the middle 1990's there was a huge economic boom due to investing in Internet technologies.

15 posted on 01/05/2017 6:50:25 AM PST by RayChuang88 (FairTax: America's economic cure)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson