Comments by "bighand69" (@bighands69) on "Making America Great Again will be much harder than voters think" video.

  1. Your assuming that the Fed actually has the power to control the markets that easily.
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  2. Trumps cutting taxation and regulation and promoting US energy,steel,mining, Auto industry and general manufacturing will have a massive effect on the US economy. Real Growth now is probably at 1% and under Trump it will rise to 4% with just taxation and deregulations. That is a 400% growth. DO not confuse government debt with real economics and when taxation is lowered it will have a massive effect on the US economy. That is why Reagn was so successful economically. Trumps plan will be even deeper than Reagans because there will be a republican house majority and most of the mess that Obama created is by executive order and can be easily signed off.
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  3. +coletrain Government debts do matter. Trump may increase the debt over 8 years by about 5 trillion and he may spike the deficit in his early years to about 800 billion. That is exactly what happened under Reagan. Now that is probably worse case scenario. What will probably happen is more closely related to an Eisenhower presidency. The short term spikes will be flattened out by real growth. Going from 1% to 4% growth will be massive I do not think people are really prepared for that. There is already a 20 trillion government debt adding a few trillion to this is not going to make much of a difference in the short term. The investment in infrastructure that Trump intends to spend is 285 billion which he will be looking to raise by repatriation of US overseas capital. Japan is in worse condition than the US from a government finance perspective but they have a strong economy from their exports which helps to disguise there problems.
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  4. The deficit for 2015 was $475 billion even if Trump for the short term added on an extra $200 billion it would really mean nothing considering the peak under Obama was 1.3 trillion. Trumps tax cuts and deregulation will cause massive growth. He will increase interest rates with the boom period so that nobody notices as there will be a jobs boom. It will be a correction but nobody will really notice this as the number of unemployed will go from 97 million down to 90 million and then 85 million.
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  5. If Hillary got in then Peter would be right. But the republicans and Trump want to lower taxation and deregulate. Peters argument is it is too little too late which I think he is wrong on but maybe he is right.
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