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Because it's game theory. It only works if everyone's ignore him. But as soon as one person doesn't ignore him and start "panick selling", everyone else loses.
by ironjunkie 9y ago
Because it's game theory. It only works if everyone's ignore him.
But as soon as one person doesn't ignore him and start "panick selling", everyone else loses.
- dragontamer 9y ago> It only works if everyone's ignore him. The President is the leader of the USA. You cannot ignore him. When Trump / Jeff Sessions announced that they were going after marijuana, marijuana stocks fell. Trump announces tariffs on Aluminum, users of aluminum fell (ie: Ford). Making Aluminum and Steel 25% more expensive in the US has long-term effects you cannot ignore. You CANNOT avoid Mr. Trump or his tariffs. You can't dig your head into the ground and "ignore him". When Mr. Trump decides to do something, it has cascading effects on the rest of America. Mr. Trump controls the FBI, the DEA, the FTC, the FCC, the USPS. Directly. Mr. Trump can add and remove policies from these great agencies without even asking for anything from Congress. Pure, unilateral power of the executive order. You CANNOT ignore this power. Its how America works.
- r00fus 9y agoSo did this not happen during the Obama administrations because Obama didn't have verbal diarrhea?
- dragontamer 9y agoIt happened under the Obama administration. In fact, Mr. Obama demonstrated how it could be a weapon for good. Mr. Obama encouraged taxes to benefit solar-manufacturers and electric car companies. This caused those stocks to go up, and investments into green-energy to flourish. Sure, there were some failures (see Solyndra), but I think it was overall a net-benefit to the USA. We're now manufacturing advanced Solar Panels that are better than a lot of other countries (although China is still manufacturing them cheaper...). And Tesla greatly benefited from the tax-break on electric cars. That's the sort of thing a President is SUPPOSED to do: use his powers to lead the nation. Trump is using his powers to turn us against each other.
- 21 9y agoRequiring Amazon to pay some taxes in US is a bad thing? We all know how the big tech companies pay basically zero tax by elaborate international tax reduction schemes.
- dragontamer 9y agoMr. Trump is focusing on the relationship between the USPS and Amazon. https://twitter.com/realDonaldTrump/status/980800783313702918 https://twitter.com/realDonaldTrump/status/98080078331370291... 21, as much as you might like, YOU do not determine the course of this discussion. Mr. Trump's tweet has more relevance. The focus of the discussion is therefore on the relationship between the USPS and Amazon, and how it would affect the USA. If Mr. Trump decides to start tweeting about fixing the double irish with a dutch sandwich loophole (see: https://www.investopedia.com/terms/d/double-irish-with-a-dutch-sandwich.asp https://www.investopedia.com/terms/d/double-irish-with-a-dut...), then I'll support it. Alas, that is not what Mr. Trump is talking about today. Neither you nor I determine the course of the national discourse. Only Mr. Trump has the power of the bully pulpit.
- 21 9y ago> Neither you nor I determine the course of the national discourse. Only Mr. Trump has the power of the bully pulpit I'm not sure what's you point here. This is what the US president does (unlike other countries) - has a lot of power to directly intervene in many places. This is what voters expect from him, and this is the issue on his mind. Amazon is not the only one abusing the USPS. Chinese companies like AliExpress do the same thing all over the world, taking advantage of national post services to ship a 50 penny screw free from China to UK for example. https://www.washingtonpost.com/news/storyline/wp/2014/09/12/the-postal-service-is-losing-millions-a-year-to-help-you-buy-cheap-stuff-from-china/ https://www.washingtonpost.com/news/storyline/wp/2014/09/12/...
- dragontamer 9y ago> I'm not sure what's you point here. My point is that Mr. Trump is not talking about the double irish with a dutch sandwich loophole. He never has, and probably never will. Mr. Trump had an opportunity to fix it in last year's tax overhaul. But he turned a blind eye to the well known tax issue. Therefore, your earlier statement: > We all know how the big tech companies pay basically zero tax by elaborate international tax reduction schemes. is... well... I agree with it. Companies shouldn't be abusing the double irish with a dutch sandwich loophole. But our President is ignoring the issue. And therefore, neither you nor I can do anything about it.