
Originally Posted by
Kirkland Laing
I really wasn't. I'd like to see Bernie Sanders getting sworn in in a couple of months. You ended up with a choice between bad and worse. Even if Trump does do something useful with trade/bringing jobs back it's going to be outweighed by phasing Medicare and social security out but the real crucial thing is deregulating the smartest guys in the room.
Look what happened last time a GOP prez did it. You ended up handing out nearly twelve trillion dollars in bailouts, secret loans and loan guarantees. Luckily you had a sensible Fed chairman who managed to steer the system through the worst of the crisis. By the time we have the next crisis there'll be a Trump pick running the show. That could spell absolute disaster -- too much to go into but it really could mean let's say another twelve plus trillion which next time won't be paid back and a second multitrillion bailout needed on top of that.
So just Trump deregulating Wall Street is a disqualifier. Imagine he does a reasonable job over eight years and is leaving office having done well but then the financial system collapses like the last Bush 43 months in 2008. It would be a really dangerous situation financially, politically and for the survival of a democratic republic.
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