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Old 08-19-2017, 07:32 PM
 
Location: Pennsylvania
12,545 posts, read 4,242,077 times
Reputation: 9859

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Quote:
Originally Posted by desertdetroiter View Post
Given what's happening right now, I thought this was a fair question.

Fact is, I never understood why people believed that "we need a businessman in the White House." The notion is ridiculous on its face. The job of a President is a job for a politician, not an MBA. It's the highest political job in the world. Why would anyone believe that someone with no political experience is necessarily qualified for that job?

Moreover, given the culture of American business at Trump's level (the culture of avarice at all costs), what's so appealing to people about American Businessmen? We saw what happened in 2008-2009 when they nearly ran the country completely off the rails, and yet, people think that these are the people that should be running the country?

Trump is something of a real estate savant....he never once showed that he had knowledge of any other topic. Why? Because he doesn't know anything else. He's got enough money to fly around the world, but he's not worldly by any stretch. Our president should be a worldly man or woman since they'd be the most powerful politician on the planet.

Yet, I STILL hear people saying that we need a businessman in office.

You're damn right we need a businessman in office. I have thought so for the past 25 years.
We are now 20 trillion dollars in debt.
We need a lot less 'politicians' and a lot more common sense.
I'm not sure we need THIS particular businessman in office, however.
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Old 08-19-2017, 07:34 PM
 
Location: Pennsylvania
12,545 posts, read 4,242,077 times
Reputation: 9859
Quote:
Originally Posted by PedroMartinez View Post
$20 trillion in debt, a failed war on poverty, some of the most expensive drugs in the world, too big to fail, lots of wars, etc etc etc.

That is what we got from decades of politician rule.

You call that a success?
Amen!!
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Old 08-19-2017, 07:35 PM
 
9,701 posts, read 7,260,842 times
Reputation: 9846
Quote:
Originally Posted by Tall Traveler View Post
Your claim that the stock market plummeted the day after Trump was elected is the opposite of truth.
This is a lie. The markets plummeted following the Trump disaster. U.S. futures down 1.5%; global futures down more.

Global markets drop as U.S. election results shock - Nov. 8, 2016
Quote:
Originally Posted by Tall Traveler View Post
Anyone that will say that has zero credibility on anything they say from now on if they are that big of a liar or so stupid not to realize what happened.
Agreed. You've made it 100% clear you have absolutely no credibility by lying about something so easily disproven. Sad!
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Old 08-19-2017, 07:37 PM
 
Location: Pennsylvania
12,545 posts, read 4,242,077 times
Reputation: 9859
Quote:
Originally Posted by NOLA101 View Post
This is a lie. The markets plummeted following the Trump disaster. U.S. futures down 1.5%; global futures down more.

Global markets drop as U.S. election results shock - Nov. 8, 2016


Agreed. You've made it 100% clear you have absolutely no credibility by lying about something so easily disproven. Sad!
NOLA the stock futures were down big in the overnight after Trump won, but the market was UP beginning the day after the election win, and it's been up pretty much ever since. That is the truth.
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Old 08-19-2017, 07:41 PM
 
9,701 posts, read 7,260,842 times
Reputation: 9846
Quote:
Originally Posted by BeerGeek40 View Post
NOLA the stock futures were down big in the overnight after Trump won, but the market was UP beginning the day after the election win, and it's been up pretty much ever since. That is the truth.
The previous claim was that stocks rose following the election. This is a lie. Stocks plummeted.

Yes, stocks overall are up since the election, but much less than under Obama and previous Presidents. And the U.S. dollar has plummeted, indicating that global stocks are rising in spite of, not because of, the U.S. It's a global market, with the U.S. only comprising around 20% of the market.

And no one voted for Trump because of "stocks". If they cared about such things they would have voted for Clinton, obviously. The biggest bull market in history was under B. Clinton.
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Old 08-19-2017, 07:50 PM
 
Location: Washington State
18,581 posts, read 9,605,999 times
Reputation: 15827
Quote:
Originally Posted by NOLA101 View Post
The previous claim was that stocks rose following the election. This is a lie. Stocks plummeted.

Yes, stocks overall are up since the election, but much less than under Obama and previous Presidents. And the U.S. dollar has plummeted, indicating that global stocks are rising in spite of, not because of, the U.S. It's a global market, with the U.S. only comprising around 20% of the market.

And no one voted for Trump because of "stocks". If they cared about such things they would have voted for Clinton, obviously. The biggest bull market in history was under B. Clinton.
If you actually believe what you've written, I feel extremely sorry for for convincing yourself of things that aren't true. The stock market shot has shot up since Trump was elected....sorry you are unable to grasp that truth.

Congrats to Newt Gingrich and Bill Clinton.
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Old 08-19-2017, 08:11 PM
 
20,675 posts, read 8,831,315 times
Reputation: 7150
Quote:
Originally Posted by desertdetroiter View Post
Given what's happening right now, I thought this was a fair question.

Fact is, I never understood why people believed that "we need a businessman in the White House." The notion is ridiculous on its face. The job of a President is a job for a politician, not an MBA. It's the highest political job in the world. Why would anyone believe that someone with no political experience is necessarily qualified for that job?

Moreover, given the culture of American business at Trump's level (the culture of avarice at all costs), what's so appealing to people about American Businessmen? We saw what happened in 2008-2009 when they nearly ran the country completely off the rails, and yet, people think that these are the people that should be running the country?

Trump is something of a real estate savant....he never once showed that he had knowledge of any other topic. Why? Because he doesn't know anything else. He's got enough money to fly around the world, but he's not worldly by any stretch. Our president should be a worldly man or woman since they'd be the most powerful politician on the planet.

Yet, I STILL hear people saying that we need a businessman in office.
Trump is a failed businessman with companies declaring bankruptcy. He dropped over 200 spots on Forbes billionaire list. I don't think there is anything wrong with having a businessman in office, just not Trump. He's an egomaniac who only cares about himself and how he looks.
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Old 08-19-2017, 08:13 PM
NCN
 
Location: NC/SC Border Patrol
21,135 posts, read 21,896,997 times
Reputation: 23217
Look how much debt our politicians have gotten us into.
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Old 08-19-2017, 08:15 PM
 
Location: Washington State
18,581 posts, read 9,605,999 times
Reputation: 15827
Quote:
Originally Posted by NCN View Post
Look how much debt our politicians have gotten us into.
Great point, politicians don't understand business and we have suffered for it....politicians just want to score political points without regard to who is actually hurt by scoring those points.
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Old 08-19-2017, 08:27 PM
 
39,306 posts, read 20,382,138 times
Reputation: 12770
Quote:
Originally Posted by BeerGeek40 View Post
NOLA the stock futures were down big in the overnight after Trump won, but the market was UP beginning the day after the election win, and it's been up pretty much ever since. That is the truth.
BeerGeek you are right. I remember it well.

Small business also felt more confident. I talked to other business people who were hoarding and not reinvesting during Obama's era, after Trump won they said they felt more confident and were ready to invest to expand their business.
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