Trump Administration Predictions (17 Viewers)

She rushed the jobs report in order to give the Biden administration some much needed good news. It backfired spectacularly and a revision was inevitable.
Not only did you provide no evidence but you also used reasoning that cannot be falsified. If the BLS had an upward revision on the number of jobs, you could also claim the revision was to make the Biden administration look better. You are saying other than admit the failure of Trump's anti-free market policies.
 
Not only did you provide no evidence but you also used reasoning that cannot be falsified. If the BLS had an upward revision on the number of jobs, you could also claim the revision was to make the Biden administration look better. You are saying other than admit the failure of Trump's anti-free market policies.
It was a historically large downgrade in the jobs report. I don't know how you get around the magnitude of the downgrade. It's obvious they were trying to shape public perception.
 
Not to worry Thales750 everything is cyclical. Before you know it Gavin Newsom will be the President. The border will be wide open and the states will be run like California. It will seem like the meds are working again.

Or J.D. Vance gets elected and the nightmare continues. ;)
For longer than you have been aware of immigrant labor issues ,I have been thinking of real solutions. it's only since the conservatives have used it as another brainwash point that y'all think you have the all the answers.
The nightmare is the catastrophic handling of it by the trump administration, which is just about everything he does.
 
Your problem is that you have NO UNDERSTANDING of the difference between LEGAL and ILLEGAL immigration. And then there are the perpetual ad hominem attacks which are boring to all of us.
No Pat, you said that Texas has high taxes because of illegal immigration. Those illegal immigrants still produce more than they cost. I'm sorry that you find economics so difficult to grasp. but how could you change that? Having your entire understanding come from morning AM radio, and Donald Trump.
 
All
You should look at the reports on China by Chris Chappell and his YouTube series China Uncensored. He's not the only person exposing the grave weaknesses that are showing up in the PRC because at least three or four other sources are showing the severe cracks in the Chinese hold over their population. YouTube also hosts a series called China Observer which has addressed their population issues. If you bother to look, you might find some interesting viewpoints that don't match yours. But then again, you might wish to ignore something that suggests your views are wrong.

China is losing to itself.

Their birth rate has tanked because the population sustainment rate is 2.2 (give or take a few percent) children per family but it is now verging at 1.0 or less than 1. In a generation, their birth rate will be less than half of its rate 20 years ago. See this article:


Their worker/age demographic has tanked because their one-child-per-family action of a couple of decades ago pre-trimmed the workers in the generation that SHOULD be (but is not) filling the 40-50-year-old range, and their 60-70-year-old range is dying out. (Even China can't get work out of a dead horse.) Not only that, but because Chinese families wanted boys (to support the parents in their old age) thus leading to abortions for girls, there was a gap in marriage-eligible fertile females.

Their internal real-estate economy has tanked because they did a Ponzi scheme on themselves to finance high-rise housing for their population, but that bubble burst before anyone COULD move in, and now there is nothing to move into. The builders didn't have enough money to finish the buildings. Some of those buildings, because they were incomplete, have collapsed.

Their infrastructure (roads, bridges, dams) is in the process of tanking because of graft, corruption, and shoddy materials. They've lost several major highways and a couple of massive bridges. Also, a couple of lesser dams failed. Here's one recent article on a bridge collapse, discussing their "tofu-dreg" steel that doesn't have the strength it needs due to shoddy structural materials.


Their current generation of young adults has lost hope of ever getting ahead in the Chinese economic environment so they have gone "on the dole" and are doing the least work possible to still get government support. See this article:


I see different things than you do. Go worry about China, but right now INDIA is the Earth nation with the highest population. I have now given you some alternate sources that might affect your view of China's threat.
Maybe all true, but in the things that matter, like people trained in science, and spending on science, the US is headed for the junk yard under Trump. And Pat had the nerve to say that she was glad the scientist are leaving because it will raise the national IQ. That some serious insanity.
 
Not to worry Thales750 everything is cyclical. Before you know it Gavin Newsom will be the President. The border will be wide open and the states will be run like California. It will seem like the meds are working again.

Or J.D. Vance gets elected and the nightmare continues. ;)
By the way, I don't know who this Newsom guy is, and I don't believe the borders should be left unattended. As usual, you tend towards absolutes, maybe try giving that some consideration.
 
By the way, I don't know who this Newsom guy is,

I have to admit you just surprised me. I didn't think your credibility COULD drop to a negative number, but it did. You don't know about Gavin Newsom, governor of California? By the way, I think having negative credibility means even people who don't know you don't believe you.
 
Once again you maliciously imply something that I never said. That is very underhanded.
You said "Companies will pass on all costs imposed by the government onto the consumer." Do you oppose the tariffs? Do you think that the higher prices are a good thing? Higher prices mean a lower standard of living.
 
You said "Companies will pass on all costs imposed by the government onto the consumer." Do you oppose the tariffs? Do you think that the higher prices are a good thing? Higher prices mean a lower standard of living.
The US is trillions of 💲💲💲dollars 💲💲💲💲 in debt. The US has a spending addiction. You don't seem to comprehend that deficit spending provides the populace with a false sense of their standard of living. Apparently you have no understanding of the the term "living beyond one's means". If you are so concerned about the government taxing people to pay for that debt, how about advocating for spending cuts instead maliciously using ad hominem attacks on those who recognize the problem.
 
The US is trillions of 💲💲💲dollars 💲💲💲💲 in debt. The US has a spending addiction. You don't seem to comprehend that deficit spending provides the populace with a false sense of their standard of living. Apparently you have no understanding of the the term "living beyond one's means". If you are so concerned about the government taxing people to pay for that debt, how about advocating for spending cuts instead maliciously using ad hominem attacks on those who recognize the problem.
Tariffs are an inefficient source of revenue. Because the base transactions are much smaller than income, the rates have to be high. Eventually you get to the point of no revenue (like Biden's 100% tariff on Chinese EV's).

Why do you prefer tariffs to income tax.
 
Why do you prefer tariffs to income tax.
Once again you make an unsubstantiated statement for purposes of a malicious ad hominem attacks.

Tariffs are an inefficient source of revenue.
So? A pointless statement. Every tax, in isolation, is an inefficient source of revenue. Instead of making those ridiculous comments, make positive suggestions concerning how spending can be cut. The US has a spending problem.
 
Once again you make an unsubstantiated statement for purposes of a malicious ad hominem attacks.


So? A pointless statement. Every tax, in isolation, is an inefficient source of revenue. Instead of making those ridiculous comments, make positive suggestions concerning how spending can be cut. The US has a spending problem.
It is not true that every tax is an inefficient source of revenue. The most efficient tax is a Value-Added Tax. As the base is the entire economy, you generate a lot of revenue at relatively low rate. That is why European countries can spend a lot more money than the US (as a proportion of the economy) without economic collapse.

As for cutting spending, Trump has ruled out cuts in all the major government programs.

One easy fix is more immigration. As immigrants are generally young and most Federal spending involves supporting the old the percentage of Federal spending to the GDP would fall, while revenues would rise.
 
One easy fix is more immigration. As immigrants are generally young and most Federal spending involves supporting the old the percentage of Federal spending to the GDP would fall, while revenues would rise.

The flaws in that theory are medical expenses, subsidized housing, and child poverty programs. The illegal immigrants place extra strain on these and related issues, taking out way more than they put in. I contribute to food charities, but people can only give so much before they start to feel the pain because of someone who IS here - but shouldn't BE here.

IF we are talking "legal" immigrants, then at least they have a way to reasonably contribute to the tax burden they represent. The illegals that live off the books are useless to me. I don't expect everyone to carry the same load in absolute terms, but everyone should contribute to some degree. I will agree this much: Congress needs to damn-it-all fix the current problems with immigration. During his first term, Trump BEGGED Congress to give him something to work with - but at the time he had an opposed Congress and got nothing.
 
One easy fix is more immigration. As immigrants are generally young and most Federal spending involves supporting the old the percentage of Federal spending to the GDP would fall, while revenues would rise.
We have an estimated 20 million immigrants currently. Can't we test your theory without importing more?

The problem is there's no way to regulate these folks. Some of them vote, sometimes double dip into benefits, some have criminal records in their own country's etc etc.

The left is against very basic guard rails, it about building their base period.
 
@RogerCooper: You stated that "... immigrants are generally young and most Federal spending involves supporting the old ...". You do realize that immigrants get old too? Consequently the Federal government will eventually have to support them when they get old. So how will that be paid for?:unsure::unsure::unsure: Also consider that you can't endlessly import younger workers. The country is already overpopulated and every new person demands resources, creates pollution, requires housing, etc. For those who believe in global warming and want green policies, immigration into the US should be halted to protect the planet.

You neglect the effect of immigrants on US culture. Immigrants may have no interest in actually assimilating. If fact they may seek to "transform" this country. (The example below takes place in the UK, but also represents what is happening here too.) Why should the US allow immigrants into this country if they intend to undermine the cultural values of the host country?

What about the competence of the immigrants?
In what world does someone who can’t read traffic signs get the keys to a supersized means of transportation that in an instant can become a lethal weapon?
 
The flaws in that theory are medical expenses, subsidized housing, and child poverty programs. The illegal immigrants place extra strain on these and related issues, taking out way more than they put in. I contribute to food charities, but people can only give so much before they start to feel the pain because of someone who IS here - but shouldn't BE here.

IF we are talking "legal" immigrants, then at least they have a way to reasonably contribute to the tax burden they represent. The illegals that live off the books are useless to me. I don't expect everyone to carry the same load in absolute terms, but everyone should contribute to some degree. I will agree this much: Congress needs to damn-it-all fix the current problems with immigration. During his first term, Trump BEGGED Congress to give him something to work with - but at the time he had an opposed Congress and got nothing.
The programs you listed are much smaller than Social Security and Medicare. Illegal immigrants are a government-created problem, as their labor is in demand and they would prefer to come legally (which allow them to be more productive). To some extent, TPS & refugee programs acted as back door immigration programs, allowing the US to satisfy more of its demand for labor despite fixed immigration quotas.

You should check out the fiscal analysis by the Cato Institute https://www.cato.org/blog/fiscal-impact-immigration-united-states

As for Steve R.'s concerns it is true the certain percentage of the immigrants will be criminals and/or assholes. However, crime rates are lower among immigrants. I can't determine the asshole percentage.

Eventually declining birth rates world-wide will make it impossible to solve our fiscal problems with immigration. Our standard of living will then decline. There is no reason to hasten that time.
 
As usual Pat, when the Republicans lose, you blame the referee. There was no criticism of the BLS by Republicans until the inevitable weak economic numbers came in.
I watched the numbers change downward for the entire four years of the Biden administration. I don't know where you get your news if you didn't watch see that constant "adjustment" in real time. As with most things, people see the initial report - "jobs are up again this month whoopie". Then a few days later on page 99 or after midnight, someone reports the change downward.
A revision is not an error.
When it happens month after month after month, one might suspect either that the mis-reporting is deliberate or the sources are suspect and maybe, the reporter should find a more reliable source. Don't pick the one that said up until the very end that Hillary had it in the bag.
 
The programs you listed are much smaller than Social Security and Medicare. Illegal immigrants are a government-created problem, as their labor is in demand and they would prefer to come legally (which allow them to be more productive). To some extent, TPS & refugee programs acted as back door immigration programs, allowing the US to satisfy more of its demand for labor despite fixed immigration quotas.
You should talk to Congress because THEY set the limits. Entering the country illegally is ILLEGAL and is a CRIME. You don't get to break laws you don't like. I would sure like to not pay taxes but somehow the men in black would show up at my door to collect. Why is it wrong for the men in black to arrest the criminals (they are ALL criminals, even the nice ones that we like) and deport them? Why do you actively support criminal behavior? That "Maryland man" is being deported again. This time to Uganda where he doesn't speak the language. His lawyer was almost in tears as he was being interviewed. Wonder why his not speaking the language is such a problem. He's been in the US illegally for 10+ years and doesn't speak English either.

By supporting criminal behavior imported by foreigners YOU are changing the culture of America. Look at what has happened in our large cities. The cops are directed to NOT enforce laws. They let "petty" crime go totally unpunished. They may arrest more serious crimes such as pushing people down stairs, etc. but the criminal is booked and then released without bail and never faces actual charges. Trump has taken over the DC police and brought in National Guard troops to help to patrol the streets. So far crime is down dramatically. Soon they will start on cleaning up the garbage and beautification. Trouble is that the extra troops can't stay forever so at some point DC gets the control back and they have to do what needs to be done to keep the streets safe and clean. Will they? What will the citizens do if they don't? Why do the voters keep electing the same people over and over again who allowed this to happen and perpetuate it with their soft on crime instructions.

BTW, I do not approve of Trump's plan to take over other cities. Being the President, DC falls in his jurisdiction so he has the right to step in if he needs to. Trump will be on shaky ground in Chicago and Baltimore and any other city he decides to clean up. Doesn't mean I don't think it is necessary. Only that I don't think Trump can do it without being asked or some emergency being declared.
 
We project that increases in tariffs implemented during the period from January 6, 2025, to August 19, 2025 will decrease primary deficits (which exclude net outlays for interest) by $3.3 trillion if the higher tariffs persist for the 2025‒2035 period," Phillip Swagel, CBO’s director wrote. "By reducing the need for federal borrowing, those tariff collections will also reduce federal outlays for interest by an additional $0.7 trillion. As a result, the changes in tariffs will reduce total deficits by $4.0 trillion altogether."

 

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