US Political News and Trump’s China visit
- Thread starter RabzonKhan
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RabzonKhan
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RabzonKhan
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RabzonKhan
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To begin, I want to address the issue of George Soros. I disagree with his activism and do not support him. For example, he has advocated for drug decriminalization, contributed to political campaigns promoting progressive causes, and funded organizations that push for reduced police authority in ways that, in my view, compromise public safety.
Let me share my story so you and others can understand where I’m coming from. I have been successfully running a thriving retail business since 2009, built a modest portfolio of rental properties, and actively manage my own Roth IRA. In short, I’m a capitalist who firmly believes in the principles of capitalism.
I personally believe that no tax cuts of any kind should be implemented, especially given the nation's staggering national debt, which currently stands at approximately $36 trillion. This debt translates to a significant financial burden on every American citizen, raising concerns about the sustainability of further tax cuts.
In 2017, the corporate tax rate was reduced from 35% to 21% under the Trump administration. While this move was intended to stimulate economic growth and encourage investment, it disproportionately benefited large corporations and the wealthiest individuals. Such policies exacerbate income inequality and fail to address the needs of the middle class, which forms the backbone of the U.S. economy.
But If tax breaks are to be considered, they should prioritize the middle class. This demographic drives consumer spending, supports local businesses, and contributes significantly to the nation's economic stability. A targeted tax relief for middle-income families would not only alleviate financial pressures but also foster economic growth by increasing disposable income and boosting demand.
In contrast, broad tax cuts, such as the proposed $4.5 trillion reduction, risk further inflating the national debt. Such policies could undermine the country's fiscal health, leaving future generations to shoulder the burden.
If you're interested in delving deeper, I can also demonstrate how our tax system disproportionately favors large corporations and the wealthy at the expense of the middle class.
RabzonKhan
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I agree with you that the Democrats need a strong leader to rally behind. However, history has shown us that great leaders often emerge unexpectedly. Take Bill Clinton and Barack Obama, for example—both were relatively unknown figures before their primary elections, yet they rose to prominence, became influential leaders within the Democratic Party, and ultimately won the general elections. So, while the current situation may seem challenging, let’s not lose hope. The next great leader might already be waiting in the wings, ready to inspire and unite.
I find it amusing that Trump's honeymoon period in office seems to have been the shortest. Even Biden's, if I recall correctly, lasted until the end of August or so.
j_hungary
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The next Democrat leader should be more centrist than left, either left leaning centrist or centrist leaning left (those two are different, and I will explain later)
The issue with Biden and Harris is they are too left leaning, more or less touching into Progressive spectrum, most of their policy are social engineering, while there are some centrist financial policy are implemented, but not enough. The biggest one is the build back better bill, which actually more toward infrastructure not toward the economy.
The economy by itself was not bad during the 4 years of Democratic Presidency, but the living standard is high, and those issue were never addressed. There are silent policy enacted to kerb the inflation, but it failed at the end of the term with groceries price hike up due to various factor. Which was repeatedly attacked by Trump campaign and Biden/Harris just have no answer.
The next guy/girl will need to set a 5 points or 7 points specifically targeting not Trump but the mess he is going to make, by mid-term and beyond. Don't try to appease people instead of targeting problem and offering solution meanwhile as I discussed with @FuturePAF the leader need to stand up in front of American Public and push back on Trump's policy, if there are no visible push back, it would seems the Dem is okay with Trump trashing the country.
There are going to be a lot of disgruntle American in a year or so, it would be the dems job to wrangle them into their camp. Sadly, to say, this "I hate the last administration, so I voted the different guy this time" is going to continue.
As for Trump's honeymoon, I don't think he ever got one, he was below +7 the entire time since Jan 21. According to the economist they are now -4
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