Silver as an investment

Category Archives: Economic policy of Donald Trump

House Passes Tax-Reform Bill – 12 Republicans, All Democrats Vote Against

After more than six weeks of frenzied negotiations, the House of Representatives has passed the reconciled version of President Donald Trump's tax plan, leaving only one major hurdle between Republicans and their biggest legislative accomplishment of the Trump era. In a 227-203 vote, the House passed the tax plan over united Democratic opposition, as well […]

“This Is A Historic Event”: GOP Leaders Say Tax Reform Will Pass By Week’s End

After weeks of frenzied closed-door haggling, Republicans appear to be on the cusp of what could be the greatest legislative achievement of the Trump administration: Passing the first comprehensive tax reform plan since 1986. And on Sunday, Republican leaders reiterated that they had cobbled together the votes to push the reconciled version of the GOP […]

Trump’s “Beautiful Tax Plan”… Fuggedaboutit!

Via MurraySabrin.com, Last week President Trump’s tax plan was unveiled with great fanfare by the Congressional Republican leadership. Although President Trump babbled what he claimed to be the biggest tax cut in American history, the evidence is quite to the contrary. Former Reagan budget director David Stockman dissects the “beautiful tax plan,” concluding that it […]

Trump Met With Janet Yellen; Meeting Lasted 30 Minutes

The anticipated meeting between president Trump and Janet Yellen has concluded, and according to Fox News, it lasted no more than 30 minutes, running from 2:00PM to 2;30PM, or barely enough for Trump to stop patting himself on the back about the yuuge Dow Jones rally under his presidency. #BreakingNews WH official tells me Janet […]

Fed To Trump: It’s Our Stock Market Bubble, Not Yours

President Trump continues to exuberantly promote the "unprecedented" stock market rally since his election… It would be really nice if the Fake News Media would report the virtually unprecedented Stock Market growth since the election.Need tax cuts — Donald J. Trump (@realDonaldTrump) October 11, 2017 But just how 'unprecedented' is it? The answer is not […]

“I Thought I Was Middle-Class?”

Authored by Jim Quinn via The Burning Platform blog, “The best way to teach your kids about taxes is by eating 30% of their ice cream.” – Bill Murray When I saw that slimy tentacle of the Goldman Sachs vampire squid, Gary Cohn, bloviating about Trump’s tax plan and how it was going to do […]

Trump Now Live-Tweeting The Market: “Record High For S&P 500”:

Apparently, having nothing else to comment on this morning, moments ago the president tweeted that as of this moment, the S&P just hit its latest, 40th YTD, all time high in 2017. “RECORD HIGH FOR S & P 500!” RECORD HIGH FOR S & P 500! — Donald J. Trump (@realDonaldTrump) September 29, 2017 Putting […]

Paul Brodsky: “Sorry, It Had To Be Said”

Submitted by Paul Brodsky from Macro Allocation Being Here      “As long as the roots are not severed, all is well. And all will be well in the garden.”       – Chauncey Gardner (Chance, the Gardner) This piece takes a roundhouse swing at politics, real and imagined, and discusses critical economic issues that politicians should […]

Trump “Overrules” Cabinet, Prepares To Unleash Global Trade War

While one of Trump’s recurring campaign promises was that he would “punish” China and other key US trade counterparties if elected, for taking advantage of free-trade by imposing steep tariffs and duties on foreign imports to “level the playing field”, the President’s stance changed drastically after the election, U-turning following his amicable meeting with China’s […]

What Trump Told Yellen In The Oval Office (Next To Gary Cohn)

In an otherwise quiet morning as we await Jeff Sessions’ testimony, a WSJ article is making the rounds which recounts the interactions between Trump and Janet Yellen – who it turns out were born two months apart in neighboring boroughs of New York City – according to which despite Donald Trump’s fierce criticisms of the […]