Trump - Dumb Luck or A Master Manipulator?

Thom plus logo Either it's an act of a master manipulator, or he has the best luck there is. Donald Trump wanted the Fed to lower interest rates, knowing that that would provide a solid and multi-year boost to the economy. But when Trump came into office, rates were already low and the Fed was not inclined to help. Then he declared a trade war with China, which softened the economy, but also forced the Fed to lower interest rates. Having gotten his lower interest rates and a boosted economy, Trump is now, just in time for the election, negotiating an end to his trade war which will double goose the economy. If all this was a planned manipulation of chairman Jay Powell of the Federal Reserve, it was evil genius. Odds are greater, though, that it was just dumb luck.

-Thom

Comments

Tinhip's picture
Tinhip 9 weeks 6 days ago
#1

Anybody that could whip a guaranteed shoe-in like the Clinton machine which outspent him two to one, is not lucky, it is pure unadulterated genius.

Relax and enjoy the fruits of your 401k and rejoice in the fact you did not follow the advice of some who way too prematurely predicted it's demise.

One side note; had the governments SS funds been even partly invested in the Dow, we would have SS fully funded for decades into the future.

Hephaestus's picture
Hephaestus 9 weeks 4 days ago
#2

Stable genius (?!?!)

Hephaestus's picture
Hephaestus 9 weeks 4 days ago
#3

Very!

deepspace's picture
deepspace 9 weeks 3 days ago
#4

Actually, Clinton "whipped" Trump by three million votes -- despite Republicans' desperate attempts to suppress the vote. Yet, the outdated, slave-era, undemocratic Electoral College installed him anyway with only the thinnest of margins, less than 70,000 votes in three, heavily targeted swing states -- decidedly not a People's democratic victory by any stretch of the imagination.

But whenever wingers favorably reference Trump and "genius" in the first sentence of their Putin-inspired agitprops, there's no point in reading any further. They have already revealed themselves not merely as sadly misinformed sycophants but also as heavily deluded, willing participants in spreading Trump's ridiculous lies -- 14,000 to date.

Thomas Jefferson went to his grave harboring his greatest fear, and through his post-presidency lectures and writings issued, in essence, an urgent warning to future generations: when the truth is buried, democracy cannot survive. Republicans are now proving his sagely maxim.

But then, Republicans in power don't really care about promoting democracy; they only care about clinging to power at all costs. They're fascists to their core.

Legend 9 weeks 3 days ago
#5

Trouble is average Trumpster or vast majority of Trumpsters have no clue as to what a Fascist is.

deepspace's picture
deepspace 9 weeks 3 days ago
#6

Neither do they have a clue about racism, xenophobia, misogyny, religious bigotry, wealth inequality, the Constitution, or, for that matter, objective reality. They sure do love wrapping themselves in the flag though, as if they had a clue what our country supposedly stands for.

Legend 9 weeks 2 days ago
#7

Hindsight is 20/20. What is in them future with Low interest rates and Tax cuts thet put us Trillions more in debt?

Riverplunge's picture
Riverplunge 9 weeks 2 days ago
#8

@page { size: 8.5in 11in; margin: 0.79in }
p { margin-bottom: 0.1in; line-height: 115%; background: transparent }

The battle is going to be uphill all the way.. If there EVER really WAS one.

GOP doesn't care: They physically/financially destroy our nation/planet, or people who need help. They gerrymandered States, and killed voting machines. They got the money to own judges, laws and NEWS. They got the ill- informed people voting for him in key Electrorial states. Add to infinity, the evil things they do.

Lord and Surfs, here we come! .. God hep us..

Are We At "Peak" Citizen's United?

Thom plus logo Donald Trump has corrupted pretty much every federal agency, but the one that is most concerning is his corruption of the Department of Justice. Bill Barr, in 1992, ran the cover up of the Iran/Contra treason scandal on behalf of George HW Bush and Ronald Reagan. Now he's running, according to Lev Parnas, multiple coverups for Donald Trump.

Latest Headlines

Who rejected United States-North Korea peace talks?

There were conflicting reports on Sunday regarding a recent proposal for United States-North Korea peace talks which was allegedly made before North Korea"s recent nuclear test

U.K. Pound Falls As Markets Get Brexit Jitters

Bloomberg said on Monday the pound had sustained its biggest fall against the dollar in 11 months

Clinton: I'll defend Israel but push for 'two-state solution

Hillary Clinton believes both Republican candidates Donald Trump and Ted Cruz "missed the mark" with their approach to the Israel-Palestinian Arab conflict
From Unequal Protection, 2nd Edition:
"Beneath the success and rise of American enterprise is an untold history that is antithetical to every value Americans hold dear. This is a seminal work, a godsend really, a clear message to every citizen about the need to reform our country, laws, and companies."
Paul Hawken, coauthor of Natural Capitalism and author of The Ecology of Commerce
From The Thom Hartmann Reader:
"Thom Hartmann channels the best of the American Founders with voice and pen. His deep attachment to a democratic civil society is just the medicine America needs."
Tom Hayden, author of The Long Sixties and director, Peace and Justice Resource Center.
From Unequal Protection, 2nd Edition:
"If you wonder why and when giant corporations got the power to reign supreme over us, here’s the story."
Jim Hightower, national radio commentator and author of Swim Against the Current