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Rump the rump?
Gotta put a ring on it, first :p
Trump the rump
Can’t trump the rump.
Wait, what?
No, just the GOP nominee.
Hell, a bunch of GOP leaders are leaving the party over this…
But consider this: a million dollars is no small amount, but millions, billions, it goes beyond what the average person can imagine.
So, mathematically equivalent is this:
My Mom gave me one dollar. From that one dollar, I made ten thousand dollars.
10 billion is 10,000x 1 million. So that puts that in perspective. The loan he was given is some-odd one ten-thousandth his current “worth.”
Well, the problem as I see it is that, here in the US, there’s always been a pushback against the welfare state. The problem is that the dismantling of the welfare state happens in the wrong order. As Milton Friedman has pointed out, for example, free trade only works in a free market. So we’ve got massive regulations and then NAFTA and (maybe) TPP. Or there’s the housing bubble, which was a result of the CRA not being repealed (and, in fact, being strengthened) while regulations that would have prevented it from being as bad as it was were repealed.
Basically, the difficulty lies largely in dismantling it in the right order. When you don’t do that or you just drop all the welfare state policies completely at once without letting the market correct for the current and/or expected changes, then you end up with problems. Problems which socialists and liberals blame on the free market. Which is why we haven’t already completely dismantled the welfare state here in the US, and how it gained power in the first place. As I mentioned before, the Great Depression was caused by government meddling, but FDR placed the blame on the free market, continued to meddle, and prolonged it. The welfare state really began with him.
But I’ve rambled quite a bit. The point is that you have to do it in the right order with the right timing. And things will probably be a little more difficult for a short period for some people no matter how you do it, but it seems to me that Trump knows the order in which welfare state policies need to be dismantled.
If Trump wins and he pulls America back towards the free market, then as a New Zealander whom grew up in the painful transition from cradle-to-the-grave social welfare to free market neoliberalism, all I can say is: Good luck, as the transition will not be easy.
Actually, screw trying to explain it myself. Milo Yiannopoulos explains it better, though some things he says, I don’t think are entirely accurate. But basically, even if Trump isn’t able to dismantle the welfare state as much as I think he will, it’s going to have some serious trouble surviving the next administration or two.
Also keep in mind that support for the welfare state in the US is actually driven considerably by illegal immigration. Many of the statistics that the welfare state requires to justify its existence is a result of illegal immigration, and a disturbingly large percentage of illegal immigrants in the US vote. Enough, at least, to sway elections every once in a while. Illegal immigrants (and immigrants in general) not only tend to use welfare more than native citizens (62% illegal vs. 58% all immigrants vs. 30% native citizens), but they also tend to support it considerably more.
Ending the welfare state can take so long because dismantling it in the right order is a little complex for most politicians. Others have fixed the economic and fiscal problems that come with welfare state politics in just a few months or a few years. Post-WWII Germany managed to put itself on the path to becoming the economic powerhouse of Europe in just a few days. It all comes down to the right policies at the right time.
And yes, I do believe that Trump has what it takes. When he first announced his candidacy, a full 2/3rds of Republican voters said that they’d never support Trump. He cut that in half in about 6 months’ time. Say what you will about the man, but he can definitely get people to come around to his way of thinking. That’s part of good management, and Trump absolutely knows how to do that.
Trump isn’t going to be able to end the welfare state entirely. That’s a fact that all of his supporters that oppose the welfare state have to accept. But he will be able to put us on the path to ending it without the problems that the welfare state puts off collapsing on us.
Do you really think Trump will be able to do what is necessary to end the socialisation (for lack of a better word) of America? (Sincere question)
Here’s the thing, we did that here in NZ in 1984, and it took 5 governments and almost a decade of political work in order to do. I can remember when the interest rate was 18%, and how tough the reforms were on people of lower income (like my parents) since social programs were being cut in order to save money.
Would Americans be willing to stomach what New Zealanders stomached in order to bring about free-market reforms?
The issue is the continued pushing of socialism and the welfare state. That’s why things so rarely change for the better. Rather than trying to dismantle those issues, presidents keep trying to add more government power, more welfare state policies, and more socialism.
Look at the Great Depression. Not long before that, there was a pretty massive recession–worse, in fact, than the Great Depression’s kickoff. What did the government do? Very little. And we recovered almost immediately. The Great Depression started for a few reasons (a lot of it was caused by a bubble the government created), but what made it so bad was the fact that the government kept trying to fiddle with the economy, from Hoover to FDR. It wasn’t until the government stopped fiddling that things started improving. What did Bush do during his last couple of years? What has Obama been doing? Fiddling with the economy. Why do you think recovery has been so bad? As for the housing bubble itself, well… Bush actually increased regulation during his term (he was actually economically liberal in his actions), and he and Clinton together set in motion the perfect storm of regulations to create such an awful bubble.
Another great example is the Great Society program. Poverty was dropping like a stone before that. Then the Great Society program started and all of a sudden, poverty levels went up and we’ve never gotten to poverty levels as low as they were when it was implemented.
Bottom line, the government can do one thing and one thing only to fix the economy: Get the Hell out of the way and let the free market fix itself. Trump actually understands that and actually wants that to happen.
Then it turns into Status Quo vs. Unpredictable Mavarick. Granted, I stand behind my opinion that whoever gets the gig, they wont be able to change much, given what happened the last time Americans “voted for change they can believe in.” I can’t wait for the inevitable “I’ve spoken to some experts and…”
The major candidates are Hillary Clinton and Donald Trump. Bernie Sanders stands a chance only in the fevered dreams of his supporters. But that doesn’t mean that he won’t blame the Democrat establishment for taking the nomination from him and run third party. That is absolutely going to happen.
It’s what americans want (given the two major candidates).
?
Yeah. Exactly. And, if memory serves, 2-3 of those companies were recently acquired and he knew that he’d have to declare bankruptcy on them in order to make them profitable.
The point is that Donald Trump has an exceptional batting average. He’s extraordinarily successful. Plain and simple.
Probably a shitload.
Out of… how many? Come on. Since you’re so knowledgeable about Trump, you certainly know his batting average, right? So what is it? 4 out of how many?
Nope, 4 of his companies filed for bankruptcy.
then filed for bankruptcy 4 times lel