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That is his game plan. Trade deficit complaints are all a ruse to constraint markets leading to resession and crash. Then his wealthy cronies can buy up stocks

That is his game plan. Trade deficit complaints are all a ruse to constraint markets leading to resession and crash. Then his wealthy cronies can buy up stocks at a huge discount before the next president comes along and fixes everything.

toomuchtodo 7y ago
He won’t be re-elected if we have a recession. Note how he called the Fed chairman the enemy today for not lowering the discount window rate 100 basis points.
- perl4ever 7y ago
  It's an interesting question whether there is any chance he could be re-elected. The site fivethirtyeight.com has a page that shows approval polling of presidents since Truman overlaid with Trump. The only President significantly more unpopular than Trump at this point in their Presidency was Carter. The only Presidents who were roughly as unpopular at this point, were Obama and Reagan, oddly enough, both of whom of course were re-elected. But I think those facts fail to capture what is unique about Trump's polling. Every President since Truman, excepting Trump, has had high points where they had well over 50% approval. Trump's polling is uniquely nearly flat since the beginning of his presidency. He's currently about 42% approve, 54% disapprove, and it's getting worse, but this is actually not the worst rating he's had - late 2017 was worse. In other words, there seems to be no trend.
chadcmulligan 7y ago
I think you give him to much credit, the only plan he has is to make him look great, any grandstanding that makes him look good is what he does.
- perl4ever 7y ago
  Without expressing an opinion on whether you are correct or not, it seems like practically every day since his inauguration, I read where someone says "he can't be doing <nefarious thing> because it would be too obvious!" And the other half of the time, people say "what he's doing can't be that bad, because he's not trying to hide it at all!"

toomuchtodo 7y ago

He won’t be re-elected if we have a recession. Note how he called the Fed chairman the enemy today for not lowering the discount window rate 100 basis points.

perl4ever 7y ago
It's an interesting question whether there is any chance he could be re-elected. The site fivethirtyeight.com has a page that shows approval polling of presidents since Truman overlaid with Trump. The only President significantly more unpopular than Trump at this point in their Presidency was Carter. The only Presidents who were roughly as unpopular at this point, were Obama and Reagan, oddly enough, both of whom of course were re-elected. But I think those facts fail to capture what is unique about Trump's polling. Every President since Truman, excepting Trump, has had high points where they had well over 50% approval. Trump's polling is uniquely nearly flat since the beginning of his presidency. He's currently about 42% approve, 54% disapprove, and it's getting worse, but this is actually not the worst rating he's had - late 2017 was worse. In other words, there seems to be no trend.

chadcmulligan 7y ago

I think you give him to much credit, the only plan he has is to make him look great, any grandstanding that makes him look good is what he does.

perl4ever 7y ago
Without expressing an opinion on whether you are correct or not, it seems like practically every day since his inauguration, I read where someone says "he can't be doing <nefarious thing> because it would be too obvious!" And the other half of the time, people say "what he's doing can't be that bad, because he's not trying to hide it at all!"