101–110 of 150 posts
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Well, one is removing a thing, and the other is adding the same thing. QED _inconsistent_.
You'll first have to prove your premise that he is all about removing regulations (no matter what regulations), because that assertion is hardly an axiom.
He's all about removing regulations, and then wants to regulate this?
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Republicans control the House and Senate. And Trump isn't going to veto conservative signature pieces like repealing ObamaCare.
Democrats controlled the house and senate Obama's first term.
Interesting, isn't it? Presidents aren't autocrats. The Republicans play obstructionist politics, the people get pissed off at a government that's not doing anything, and then blame the wrong party. The do-nothing government that the people have just voted against? It's the government they've just voted for...
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When it comes to Trump, that could be a good thing.
Republicans control the House and Senate. And Trump isn't going to veto conservative signature pieces like repealing ObamaCare.
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Republicans control the House and Senate. And Trump isn't going to veto conservative signature pieces like repealing ObamaCare.
Can someone explain why Americans hate ObamaCare? Here in the UK we have universal healthcare (the NHS) which all employed people pay for via a special tax (called National Insurance ,or NI) - isn't ObamaCare the same thing?
They are completely different. Obamacare has nothing do with universal healthcare in the UK sense, but is a complex system of mandates that dictates how private health insurance is bought and sold.
Very simply there are three key parts:
1) everybody (who doesn't for qualify other government programs) now has to have private health insurance that covers certain things. If they don't get this from their employer, they're responsible for buying it themselves.
2) The government sets minimum standards as to what insurance companies have to cover and regulate what premiums they can charge for this coverage. They also forbid insurance companies from denying people coverage due to pre-existing condition.
3) To make sure that people can afford these mandatory insurance policies, they offer heavy subsidies to people who earn less than a certain limit.
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Honestly what else is new? I voted for Obama on pledges he'd end the war in Iraq and close down the constitutional abomination that is Guantanamo. 8 years later and here we are.
The president can't do anything if Congress opposes him.
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You can't ignore the indirect influence. The same way people care about resale value of their car or house, the investors that purchase at an IPO know that index funds will buy their shares and can therefore make more and bolder investments.
Of course I can ignore the indirect influence; if the company had no actual value at IPO its share price would plummet. Also, by definition the S&P 500 only includes companies which have had 4 consecutive quarters of positive GAAP earnings, so the shares would have value on the public markets. Specifically, they'd have to have enough value to be among the 500-or-so largest positive-earnings companies by market capita…
If I'm an investor that buys at IPO time, how many companies am I willing and able to invest in if I have to wait for the profits to come in through yearly dividends? And so, if I'm a VC, how many companies am I willing and able to invest in if the IPO market is much smaller? And so, if I'm an entrepreneur, how many companies can I found and create value from if I have very little chance of selling them off?
The index funds are the terrain that sustain the "wealth creators".
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Republicans control the House and Senate. And Trump isn't going to veto conservative signature pieces like repealing ObamaCare.
Can someone explain why Americans hate ObamaCare? Here in the UK we have universal healthcare (the NHS) which all employed people pay for via a special tax (called National Insurance ,or NI) - isn't ObamaCare the same thing?
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I continue to be mystified by this take. The S&P 500 index is usually the benchmark cited here. But the S&P 500 is tremendously diversified over sectors, factors, you name it. Trump managed to create actual wealth in our economic system at a rate slightly less than the S&P 500. If anything the people who invest in index funds are freeloaders on the economic engine that Trump is part of (full disclosure: I use index f…
If anything the people who invest in index funds are freeloaders No. How much wealth could those individuals create if they couldn't sell the companies on the market and invest that money, and had instead to accumulate dividends? The relationship is symbiotic. Yes, Trump created wealth, but the point is that his peers would have created even more if he hadn't used that money himself. To make an analogy, I can swim a…
His father, Fred Trump, built a real estate empire of 27.000 apartments in Brooklyn and Queens. Just sitting on those and maintaining and expanding it would have resulted in a fortune many times bigger than he has today.
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I continue to be mystified by this take. The S&P 500 index is usually the benchmark cited here. But the S&P 500 is tremendously diversified over sectors, factors, you name it. Trump managed to create actual wealth in our economic system at a rate slightly less than the S&P 500. If anything the people who invest in index funds are freeloaders on the economic engine that Trump is part of (full disclosure: I use index f…
Investing in the S&P 500 delegates the "actual wealth creation" to others by providing them with the means. And they, on average, would have done a little better than Trump did.