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Trump's push for smaller government is having global benefit
The Hill ^ | February 2, 2018 | John R Lott Jr

Posted on 02/01/2018 1:26:21 PM PST by richardb72

“What is good for the United States is good for the rest of the world,” has been Treasury Secretary Steven Mnuchin’s mantra. Americans know how stock prices have exploded in the United States since President Trump’s election, but stock prices started rising at the same time around the world.

To the shocks of Trump’s American opponents, he was greeted by the international elites at the gathering in Davos, Switzerland as almost a conquering hero. Meanwhile, George Soros told people at the meetings that he thought that Trump was a “danger” to the world.

So many people view economics as a “zero sum” game. If the United States wins, others must lose. But a wealthier US turns out to be good news for the entire world.

Since the 2016 election, the Dow Jones Industrials Average has soared by over 8,000 points, or 44 percent. In the year prior to the election, under Obama, the increase was only two percent. The post-election gains are equal to 93 percent of those made in the entire eight years following Obama’s 2008 election. America has gained $7.7 trillion in wealth, or about $24,000 per American. The market hasn't performed so well since 1975.

But Nov. 8, 2016 wasn’t just a magical date for U.S. stocks. Stocks around the world started soaring at exactly the same time, and have now grown by 34 percent since the election. In the preceding year, world stocks rose by only three percent. The timing of the worldwide stock market matches perfectly the change for the U.S.

This growth has occurred in more than a few national stock markets. Japan (29 percent), Hong Kong (44 percent), India (35 percent), South Africa (23 percent), England (12 percent), France (22 percent), Germany (21 percent), and Spain (23 percent). . . .

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: davos; economy; hgass; hgruinsanotherthread; incometaxes; johnlott; maga; regulations; stevenmnuchin; stocks; switzerland; taxcutsandjobsact; taxes; taxreform; tcja; trump; world
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To: Slyfox
Well, you could read the article and reflect on its contents

I guess that dirtbag would have to post the whole thing right here then.

Then I could "reflect" on it, huh?

21 posted on 02/01/2018 2:16:58 PM PST by humblegunner
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To: humblegunner

Your pardon sir. Your response to post 10 was disgusting. And I’ve still never seen you post anything positive. I could do without your senseless carping. Lighten up.


22 posted on 02/01/2018 2:21:42 PM PST by InABunkerUnderSF (Back from the dead)
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To: InABunkerUnderSF
And I’ve still never seen you post anything positive.

Seems like you're either looking in the wrong place or not hard enough.

I could do without your senseless carping.

And I, yours. We're like brothers.

Lighten up.

No.

23 posted on 02/01/2018 2:25:52 PM PST by humblegunner
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...

Thanks richardb72.
Meanwhile, George Soros told people at the meetings that he thought that Trump was a “danger” to the world.

24 posted on 02/01/2018 2:27:32 PM PST by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: humblegunner

What the hell is wrong with you, Humblegunner? What do you have against John Lott? Are you sure you don’t belong on DU?


25 posted on 02/01/2018 2:32:42 PM PST by dinodino
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To: dinodino
What do you have against John Lott?

If he's promoting his own material here for profit I have quite a bit against him.
Nobody supports Free Republic to provide some wanker with a free advertising platform.

Are you sure you don’t belong on DU?

I had to give that place up.. your flashing oversized gay rainbow graphic slowed down my machine.

26 posted on 02/01/2018 2:37:22 PM PST by humblegunner
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To: ConservativeMind

OH! I just noticed that you had pinged the management.

Can we determine from that action that you are crying to teacher?

Why is it that you feel unable to present your case without calling the cops?

How does it feel to be so weak that you must cry for backup before the confrontation is even begun?


27 posted on 02/01/2018 2:53:51 PM PST by humblegunner
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To: humblegunner

You clearly have no idea whom John Lott is or how much he’s done in defense of our freedoms. I think the only thing you know is how to be a complete dumbass on FR.


28 posted on 02/01/2018 2:58:44 PM PST by dinodino
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To: dinodino
You clearly have no idea whom John Lott is

Who. Not whom.

how much he’s done in defense of our freedoms

Let me guess.. he pimped his blog?

I think the only thing you know is how to be a complete dumbass on FR.

I'm sure you "think" a lot of things.

29 posted on 02/01/2018 3:12:17 PM PST by humblegunner
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To: humblegunner

“Sure looks like you are only here to promote your own material. http://www.freerepublic.com/tag/by:richardb72/index?tab=articles That’s pretty scummy isn’t it. Do you make lots of money abusing Free Republic that way?”

If it’s true and relevant, then I like it. Why should we mind who posts it?

Thanks to the poster.


30 posted on 02/01/2018 3:17:07 PM PST by Oregon Valkyrie (Truth, Justice, and the American Way! MAGA!)
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To: humblegunner

You anti-Second Amendment idiots drive me nuts. Why don’t you move somewhere where you won’t have to worry about ever seeing or touching an evil gun? #humblegunner #rainbowwarrior #noRKBA


31 posted on 02/01/2018 3:23:23 PM PST by dinodino
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To: dinodino
You anti-Second Amendment idiots drive me nuts. Why don’t you move somewhere where you won’t have to worry about ever seeing or touching an evil gun?

And what lunacy brought you to THAT conclusion?

Suck my Glock.

32 posted on 02/01/2018 3:26:49 PM PST by humblegunner
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To: richardb72

bkmk


33 posted on 02/01/2018 3:48:07 PM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: humblegunner

You’re anti-John Lott, so you obviously have something against the Second Amendment.


34 posted on 02/01/2018 4:20:45 PM PST by dinodino
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To: dinodino
Oh, OK.

I thought I was just opposed to blogpimping.

So bad behavior is fine if someone is pro-gun, correct?

35 posted on 02/01/2018 4:23:37 PM PST by humblegunner
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To: humblegunner

The Hill is not a blog.


36 posted on 02/01/2018 4:30:38 PM PST by dinodino
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To: humblegunner

You are either abjectly stupid or anti-2A.

1. The Hill is not a blog.

2. John Lott, the author of the article, did not post the article to FR.

If you are so anti-gun that you want to block Mr. Lott’s articles, maybe you should find a different forum.


37 posted on 02/01/2018 4:36:00 PM PST by dinodino
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To: dinodino
John Lott, the author of the article, did not post the article to FR.

What causes you to assume that?

See upthread, the poster's article history.

Sure looks like someone promoting their own stuff on FR's dime.

38 posted on 02/01/2018 5:09:17 PM PST by humblegunner
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To: humblegunner

The case was already presented.


39 posted on 02/01/2018 7:19:32 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: richardb72

Excellent article that more people should know about. I’m surprised the Hill printed it. Thank you so much for posting it.


40 posted on 02/01/2018 9:08:03 PM PST by FenwickBabbitt
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