Troll journalism.
Posted on 08/24/2015 8:09:08 AM PDT by Hojczyk
Investors and financial journalists scrambling to find an explanation for the recent plunge in global stock markets have plenty of suspects.
Some look abroad for scapegoats: Greece or China. Others blame Janet Yellen: the Federal Reserve she chairs is at long last on the verge of raising interest rates, if only slightly.
Personally, I blame the decline in share values on Donald Trump.
On immigration, Trump has made a name for himself as the restrictionist candidate. Yet scholars describe increased immigration as an engine of economic growth.
The last time America slammed the immigration door shut, in 1929, with the implementation of President Calvin Coolidge’s great mistake, the Johnson-Reed Act of 1924, a stock market crash and the Great Depression followed.
By contrast, the Kennedy round of tariff reductions and the North American Free Trade Agreement and GATT/WTO tariff reductions helped make the 1960s and 1990s times of widespread prosperity. Trump would turn us back to protectionism.
(Excerpt) Read more at newsmax.com ...
Not when you're a welfare state.
Wow, and he’s not even elected yet. Guess we’ll all be in huts if we put this guy in office.
I think of it more like extortion. You do what ‘we’ want and the stock market will be fine, whether it be mass immigration or trillion dollar Wall Street bailouts with taxpayer money.
Isn’t a little early to be using the
Trump’s Fault
line?
Yet scholars describe increased immigration as an engine of economic growth.
What do “scholars” think about a full scale illegal invasions? Is that good for economic growth?
Do these people listen when Trump talks….it is illegal immigration he is talking about…and not letting in legal immigrants in who want to feed of the system…as for trade he wants fair trade not this one sided affair we have now..
Ira Stoll - Biography
Ira Stoll is author of “Samuel Adams: A Life” (Free Press, 2008). He was vice president and managing editor of The New York Sun, which he helped to found, from its debut in 2002 until its demise in 2008. Before that he was a consultant to the editorial page of The Wall Street Journal, North American editor of The Jerusalem Post, editor of Smartertimes.com, Washington correspondent and then managing editor of the Forward, and a reporter for The Los Angeles Times. He is a graduate of Harvard, where he was president of the Harvard Crimson. He lives in New York City.
Donald Trump causes a worldwide economic meltdown and then saves us from it! A grateful world makes him president for life!
What BS. We used to allow educated immigrants. That led to productivity gains. Third-grade dropouts don’t generate productivity gains. I haven’t yet met a college graduate from Mexico who waded the Rio Grande to get here.
What is so damn hard about following existing immigration law? “Immigration Reform” means wide open borders and ignore all laws on the books.
The author is a moron.
This stock market trouble is right in Trump’s wheelhouse. He has been saying China has been a bad trading partner. He will score points from this one.
I wonder if this author had to work hard to be this stupid.
A guy who is running for something that he has achieved, who has no impact on any vote, and who controls 10 billion the worlds 80 trillion or so in GDP, or about one ten thousandths of one percent, is the cause of a market crash that has long been predicted.
He ought to have more sense than this given his background. Scratch that Sam Adams bio off my list. Too bad because there are very few biographies about him.
It's going to be nasty.
I hope Trump's up to it. He has taken on a monster--maybe the biggest, nastiest monster in history.
If he succeeds, the world wins big! And the great heroes of history and mythology fall into his shadow.
Wish him well! And keep the encouragement coming!
Hey, Ira Stoll, you dumba$$, disease-ridden illegals stampeding across our southern border are NOT immigrants, they are criminal aliens.
The cost of welfare, schooling, jail and prison costs, medical care, etc. etc. for these illegals is hundreds of billions of dollars per year.
Coming into America without permission is a federal felony.
Twenty-five Americans are killed per day by illegal murderers or illegal drunk drivers. If you are one of them someday, Ira, the needle on my give-a-crap meter will not budge.
Snidely Trumplash has us all tied to the railroad tracks. Only Jebly Dosomethig can save us.
You probably blame Trump for global warming, the California drought, and fire ants, too.
Ira Stoll >>> Ima Troll...
Now illegal immigration drives the economy. Who knew?
Imagine the correction if lettuce pickers hadn’t shown up today.
Imagine the correction if restaurant back enders weren’t showing up to work.
Imagine the correction if 100 illegals weren’t standing outside the nearest Home Depot.
Oh wait. None of this happened?
Ah then why did the market go down, if illegals are the driving force?
Oh well, on to item 723 to blame Trump for.
That damned Trump! He’s screwing things up for Merica. I told you he would! /s
Meanwhile, on the 13th tee...
Troll journalism.
Sorry, Ira, you need to take an intro to econ class and then try to remember it when you write in an area where you obviously know nothing.
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