Can President Trump make the U.S. economy great again?

Give him a chance as he is trying to do major changes to the establishment

48 % will never approve of trump they are harboring a grudge as H. Clinton supporters.. still trying to ELECT HER.

QE has no effect on the no of transaction in the economy if the money is not turned into demand. Effect = QE$’s * turnover. Turnover can be 0 to over 400. You do not believe?
Check Licurgus iron money versus gold (600 BC), 1150 – 1450 Brakteaten (best time ever
see the big churches), 1931 Wörgl Austrian Schilling versus flowing artificial money. If Trump takes care that his tax cuts are spent immediately, America will become great again.
ECB Draghi does the opposite. Nobody can debase money without the getting the bill. But the Greeks did it, the Romans did it, and we do it. Larry knew it all.

Pardon the wake up call, but most folks taking the time, as well as the ones recording or falsifying the data for the “Approval” poll would not be qualified to recognize a CEO in “action”… particularly at the political level! Since we have no recent “model” their opinion is efffectivly biased by personal conjecture… rendering yet another bogus poll of unqualified data sets to be propogated by the media as “factual”. Weiss should follow daddy Weiss’s examples! He was experiential, and DEMANDED FACTUAL data sets! Get back to that Irving standard, and you will be part of the solution and not just perpete the problem!

The Weiss team should recognize the distinct actions going on behind rhe scenes that support the President’s actions. So Quit playing the popular newsmedia card and get behind the first President we have had in years that has the has the ability and courage to steer this rudderles Country back into the condition our Constitutional Forefathers created it to be.

When Mr. Trump signs a document… He is actually the firsts President in decades who would be QUALIFIED to endorse it as President and CEO!

Quit diluting your credibility! It’s dishonoring your founder!

I invite you to reach out if you feel you can defend your position in an articulate manner.

There is no cohesion of thought as to how to make America the beacon of light and hope
to the world. If we cannot control our emotions, our emotions will control us. A house divided will fail if not fall. We have sufficient intellect to enhance an economic system that has proven to be the most powerful in the world, If we do not have stability and strength
in our own house, we cannot lift others. Republicans need to unite and their message needs to penetrate the entire populace.

Nobody likes the taste of medicine. Personally, I think the better a President is doing or will do the more the general public will dislike him/her; at least in the short run (10 or so years) and vice versa. Everyone cheered Obama on while the country was set back decades in terms of economy, healthcare, defense, foreign relations, racial relations, et al. When the media and marketing firms have political bias it’s an uphill battle, but one I think Trump is willing to take on and has. These first 100 days have been far more productive than any recent president I can remember. I hope everyone sticks to the facts.

No matter what happens with the economic development of the USA. It cannot be blamed on President Trump. He has been cut to the Bone with every turn he’s made. The big problem is with many people that live in America. In my opinion we have so many corrupt people in the whole country that can’t be contained or convicted. Everything from local law enforcement right on up the ladder has corruption issues. In my belief, President Trump hasn’t got a chance because of the mass corruption beginning at the smallest local government all the way to Washington DC. If our Country can’t agree with each other, how do you except any changes?

Rome was not built in a day. The Great Wall wasn’t built in a day, or even a hundred days. The swamps like in old Florida wasn’t drained in a day. US industries weren’t built in a day. Trump election win did got a Conservative judge into the Supreme Court, and that has a high probability of producing major changes in the future. If Trump gets to appoint another conservative judge into the Supreme Count, that will certainly result in sea changes in the US, both socially, and economically in the way business can work.

Trump won the election by converting the rustbelt Democratic “Blue Wall” states like Penn., Wis., and Mich. into Republican wins, while protecting the two Southern states of Virginia, and Florida from going Republican. Accomplishing this strategy, he won big at the Electoral College. For the next election, he needs to keep the good will of these five states. The approval ratings from these states, specifically the approval ratings from the rural counties of these states are the really important numbers. The more disapproval from the other states, the more the voters looking for change like it, as it means Trump is showing that he is sticking it to these establishment, and liberal factions.

Trump seems to believe in Supply Side economics, which is also called Reaganomics, and Trickle Down economics. During the election campaign, there was a Youtube video of his son making a campaign speech. His son said something like when the successful business leader get more consideration, they can do more business which will “trickle down” to the producing more work opportunities for the working people.

Reaganomics consists of two major tenets: (1) big tax cuts for the rich, and for businesses; (2) ultra deregulation of businesses. Advocates of Reaganomics also push the anti-welfare tenet, which is not part of the theory of Supply Side economics, nor Trickle Down economics.

The problem is that the theory of Supply Side economics have never been shown to work in real life. In actual life, it appears that Supply Side economics not only does not produce gains, it actually produced the 2008 Great Recession, which would had been a depression if it not for trillions of bailout money given to the rich, and their rich companies.

It is a mystery why Supply Side economics does not work. Common sense would say that if the rich and their rich companies were given extra money, and less regulation, they can use that money and freedom to invest and grow the economy faster. But, common sense often is misleading. That is why mathematical and experimental science was developed to overcome the problem that common sense can ofter go wrong. For example during Galileo’s time, common sense held that under gravity, a light weight object like a feather falls slower than a heavy object like a rock, which is wrong as the feather falls slower only because of air resistance. In a vacuum, gravity makes both light feathers, and heavy rocks fall as the same rate.

To solve the mystery of why Supply Side economics, Reaganomics, and Trickle Down economics not only does not work, but they seem to result in the 2008 Great Recession, economist Ravi Batra’s book proposed that when the rich, and their companies were given extra money for example via huge tax-cuts-for-the-rich which are coupled with major deregulations, the rich stated to speculate with the extra free money, and extra freedom. Wild speculations with the new money and freedom eventually produce economic bubbles, which eventually burst, resulting in major recessions, and depressions. Not too many people, specially business people, accept Batra’s explanation, because the theory of economic bubbles is not well understood, nor developed even by profession university economists. Even many economist do not ascribe to this explanation.

I come to realized there is another way that is easier to understand by business people, and perhaps by ordinary people to explain, and to even prove why Supply Side economics, Reaganomics, and Trickle Down economics do not work, and they can even cause economic disasters in real life. This has to with the Pareto Principle that is well known in the business arena. The Pareto Principle is better known as the 80/20 Rule of doing business. There are many variations of the 80/20 Rule. 80 percent of the output of a company is produced by 20 percent of the employee. 80 percent of the profit of a business is produced by 20 percent of the people. 80 percent of sales by a business is generated from only 20 percent of its customers. The 80/20 Rule can be flipped around. For example, instead of saying 80 percent of results is produced from only 20 percent of employees, the reverse is saying 80 percent of employees only produce 20 percent of the total output.

There is another major variation of this Pareto Principle that says that the square root of the number of employees in a business produce half the output of the business. For example, if there are 10,000 workers in the business, the square root of 10,000 is 100 (i.e. 100 times 100 is 10,000.) This variation of the Pareto Principle says that only 100 people in the company are actually creating 50 percent of the output, while the rest of the 9,900 workers are only producing the rest of the 50 percent of the output. This means that a hundred workers are super productive, while the rest the almost 10 thousand workers are very unproductive.

Now, we will simply see why the Pareto Principle implies that Supply Side economics will generally fail in real life. For example, lets say huge tax cuts, and other funding are given to 10,000 US companies for these companies in the US to grow the domestic US economy. According to the standard 80/20 Rule, 80 percent of these companies getting tax cuts, and the like will only create 20 percent of domestic growth. That is not very efficient. It is much more cost effective to just give only 20 percent of the companies tax cuts, and still get 80 percent of the growth. The 80 percent of the companies should be given only one-fifth of the tax cuts, as these 80 percent only produce one-fifth of the growth. According to the 80/20 Rule, it is highly wasteful to paid 80 percent of the companies the full tax cuts, as 80 percent of them will only create one-fifth of the output. That is why Supply Side economics is highly inefficient, as 100 percent of the money is spent to generate only one-fifth of the result. It is only 20 percent efficient. Or, to put it in another way, Supply Side economics is 80 percent inefficient. Supply Side economics is 80 percent wasteful. That is why it does not work in real life, as it is too wasteful of money to run the Supply Side economic system.

Why paid an employee a full salary, if he shows up only one day to work out of the five day work week? Any business man will only pay a part time salary for a worker who is only able to work one day out of the five day work week. In the same vein, why provide full tax cuts to the 80% majority of companies full tax cuts, when these 80% of companies only are able to deliver one-fifth of the domestic growth, according to the 80/20 Rule? This giving every company full tax cuts is highly wasteful of money. 80 percent of the companies should only be given one-fifth of the tax cuts.

Trump as a businessman should know the 80/20 Rule. He may not know the square root variation of this rule, which implies there is even more waste and inefficiency in Supply Side economics. During the election campaign, Trump singled out Ford and Carrier for building and moving plants out of the US. This shows that he knows very well that many companies are not only not growing in the US, but they are doing negative growth in the US. His solution seems to be that he will personally as President call the CEO’s of these negative US growth companies to browbeat them to reverse the negative US growth actions, while still support the no-questions-ask 100-percent full across-the-board tax cuts for the rich, and their companies. Without some form of pressure to force the companies to stick to the task of growing the US job force, the Pareto 80/20 Rule will say that a lot of money will be wasted.

Instead of giving out blanket tax-cuts-for-the-rich, which is 80 percent wasteful, a tax credit is based on merit and accomplishment is a lot less wasteful, and a lot more efficient. The 80% of companies doing trivial amounts of work will get trivial amounts of tax cuts, while those 20% of companies doing full amounts of work to grow US jobs, and the US economy will get the full tax cuts. Those companies that do extraordinarily amounts of US job growths, and US economic growths will be awarded with extraordinarily large amount of tax cuts, and support.

Trump is doing all the right things. Hopefully congress will too . He’s picked a great cabinet who are cutting red tape and costs just like a business would do. It’s fun to watch the beauracracy react!