Quote:
Originally Posted by wdmso
That's really not the point but you know that all ready...
Your post which began with "yet we have POTUS at the National prayer annual Prayer Breakfast" immediately followed several posts which talked about the extreme division in our country. So it was in that context, and in the context of the thread, That I responded with "Yeah, that's really gonna divide the country."
Its ok we get it his behavior and comments are not an issue for you ..
It's an issue, but not as horrific and indicative of his ability to be POTUS as his detractors want us to believe. Some of what many consider our best Presidents have been personally worse than Trump.
How about Trump to Scale Back Dodd-Frank, Repeal Fiduciary Rule: WSJ
So far all I see is trickle down economics tactics every thing for Big Business
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"Trickle down economics" was a pejorative phrase used by Democrats to denigrate Reagan's economic policies. Those policies were not strictly the flow (trickle) of money from top to bottom, rather they freed up the ability of everyone bottom on up to more easily create wealth. Overregulation of the market, such as Dodd-Frank, actually tends to give the top an even greater advantage because big business can far more easily absorb regulatory restrictions than small to middle-sized ones. In actuality, there was more mobility from bottom to top and vice versa under Reagan than in the current heavily regulated market economy. That's one of the reasons income inequality has grown more than before.
Another reason, not really discussed, is the massive influx of low wage, low skilled, and poorly educated illegal immigrants. When their much greater than before number of low wage earners and welfare dependents is added to the income gap, the gap is larger than it would be if they had not been allowed to enter and stay in the country.
Trump's immigration policies, especially if they go back to the saner ones that the U.S. had practiced in the past of seeking immigrants who could boost our economy and expertise rather than depress it, should help to lower the gap to previous conditions.
It's not all about Big Business, but making it easier for everyone, including smaller entrepreneurs to succeed.