Posted on 08/08/2016 3:12:21 AM PDT by expat_panama
...The candidates' convention speeches show their intended campaign directions. Summing up each in a word: Clinton's was inclusivity; Trump's, insecurity.
Clinton got all she could from her theme...
Obama has bequeathed her a host of problems...
...If Clinton is the election's issue, she loses. Only by making Trump the issue can she hope to win. Trump is all too often only too willing to oblige --
-- he missed the chance to give equal weight to the foundation on which Americans' insecurity has rested for years: Our poor economy.
The latest report of low second-quarter economic growth shows how bad things remain...
...66% of Americans feel the country is on the wrong track (versus 29% seeing it on the right track) -- or that in none of its polls since Obama took office has a majority felt we are on the right track...
...Americans' greatest threat is economics. It's the biggest issue in politics because it affects virtually every family in every region and influences every aspect of their lives. For a decade and a half, that pervasive influence has been poor...
...children in their mid-teens have never known the strong economy their parents once took for granted. What once was only other countries' problem is now ours.
While the threats are different, the theme uniting them is the same: The need for leadership to address the twin threats to America's security.
It is a message Clinton cannot deliver. While she has Obama's economic problem of a problem economy, she does not have his pat solution of blaming Bush. Nor can she even effectively highlight the dual problems without risking doubly damning Obama and losing his supporters...
(Excerpt) Read more at investors.com ...
Once again, Trump on defense As last week should establish beyond doubt, the only free media Trump will get from here on is the kind that makes him look like Beelzebub. MoreTrump is about to make his most important economic speech yet — what to expect
August 7, 2016
Happy New Week!
Stocks are punching thru to new highs and today's futures see 'em up again +1.03%. We got metals @ -1.71% as gold and silver now trade at $1,332.17 and $19.76.
No major econ numbers today.
Headlines:
With Infrastructure, Trump & Clinton are Both Wrong - Steve Moore, WT
We're In a Low-Growth World, How Did We Get Here? - Neil Irwin, NYT
Keep Calm, This Isn't 2008 All Over Again - Gerard Lyons, Daily Telegraph
Sell It All? This Stock Market Really Dares You To - Mark DeCambre, MW
The IPO Market Appears on Verge of a Launch - Brian Deagon, Investor's
Why Won't the Economy Catch Up To Jobs? - Mark Whitehouse, Bloomberg
Threads:
IBD...still talking about the stupid convention speeches. Catch up, boys and girls.
Trump wants a HUGE tax cut like Reagan’s or even bigger that would increase tax revenue like it did after the Reagan and Kennedy tax cut.
The Globalist/Establishment are furious about this.
They want break America. They like Hillary’s plan to increase taxes on the middle class. Hillary even openly promotes taxing the middle class. I watched her say it.
She says it at 1 minute and 15 seconds.
I’m pretty sure she meant to say they wanted to raise taxes on the upper class. A classic Freudian slip.
But she said what she said. That line belongs in a Trump ad (if it isn’t already).
Think that is Warren Buffett behind her applauding. LOL!
Many freepers say that, although it's hard to get specifics like how much, did T really say it, etc. No links. In the mean time other people say other things, but w/ links:
The point being that we don't know what's going on.
I used to like IBD, especially the human interest stories.
Trump's first tax proposals, unless coupled with spending cuts, were estimated to increase the deficit by $10 trillion over ten years. Reports are his latest proposals decrease that to about $3 trillion over ten years. Since his business tax proposals seem to be about the same that means changes have to have been made to personal income taxes and he needs to be able to address questions about that, in addition to how he plans to balance the budget.
CLinton said “doesn’t raise taxes on the middle class” not “does raise taxes on the middle class”.
Actually before Obama came into office. Yet he was elected two times. I think the 'right track' poll is badly overestimated as an election predictor.
It isn't just you. We've gotten the point of picking our news based on preference. If you want to hear how well Trump's doing check Breitbart or Foxnews. If you want to hear how well Hillary is doing check MSNBC or CNN. Been this way for years but it does seem much worse this time around. I compared the top stories on Fox and MSNBC the other day. MSNBC: Trump poll numbers plummet. FOX: Obama pays 400 million for hostage return.
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