Sunday, November 13, 2016

Trump probably can’t jump-start U.S. economy in his first 100 days

http://www.msn.com/en-us/money/markets/trump-probably-can%E2%80%99t-jump-start-us-economy-in-his-first-100-days/ar-AAkfjPl?li=BBmkt5R&ocid=spartanntp

For billionaire real estate tycoon Donald J. Trump, the US economy may be too volatile for him to control. As someone who is accustomed to his style of "winning" he may find the challenges of his new office to be comparable to biting off more than he can chew. Granted, President Trump has built an empire by creating a company that has had a 4,500x return on his original loan of $1 million, but can it translate to his presidential term? Although he may not be the most popular president elect there ever has been it is not surprising to see that people are upset that an outsider that has had a controversial past with social issues has been elected, he very well may be just what our economy needs. The first year in office for Donald Trump will be what either makes or breaks his presidency and possibly our economy.

7 comments:

  1. It takes time to see the impacts of any president's policyies. I don't expect Rome to be built in a day. It'll be interesting to see what happens next.

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  2. It will be interesting to see what effects Trump's administration's policies have on the markets. Not only the economic ones, but things like dissolving Obamacare, etc.

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  3. Although it probably can't be done right away I think it will definitely be interesting to see what happens, I think Trump has some interesting ideas for our economy and could turn out to be the change we were looking for.

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  4. The economy has already reacted to Trump being the president-elect. However, I do agree with Kesh that it will take time to see the impacts of his policies. I do think that his first year in office will focus more on social issues than economics, solely based on what has happened during the campaigns.

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  5. It will take time to see the effect that Trump will have on the economy but I think the first 100 days is to short of a time to judge what one days in office

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  6. I can't imagine how he plans to deal with NAFTA. The renegotiating will probably not be successful so it might just get scrapped altogether. Would the US then go back to the previously existing Canada-US FTA and alienate the other North American countries or will that end as well? No way to know right now, will be interesting to watch his first 100 days unfold.

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  7. The first 100 days of Trump's presidency is extremely important to know how he plans to deal with the US economy in the long run. He has already spoken about income tax, corporate tax, Obama care, etc. and it will be interesting to see the economic impact of his presidency in the next couple months.

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