How has Trump impacted the U.S. economy?
Neither, but he’s on track to hurt it severely soon if we don’t stop him. See, Trump’s economy didn’t start until last October, but since he and the GOP didn’t actually do or change anything economic, their influence on the economy doesn’t start until THIS October. This October (the significance of October is that it’s the start of the government fiscal year and when the GOP tax change, as written, first takes effect.)We are still entirely in Obama’s economy and economic growth. One of the key things the GOP has done is (shocker) cut taxes on the super rich AGAIN and inflated the DEFICIT to over a trillion dollars. Obama had lowered it FROM 1.3 trillion dollars under Bush (which was partially responsible in no small way for the economic crash he caused too) to about 550 Billion (66% less). Trump and the GOP are about to piss all that away plus with his imbecilic tariff wars and insistence on dragging coal energy with him, we are looking at a very major economic downfall soon. He’s already had to “bail out” the midwest farmers to the tune of 6.4 billion dollars literally for no other reason than his idiotic trade war mistakes.
Is the government shutdown in the U.S. going to affect the whole world?
No. However the failure to increase the debt ceiling and the display of incompetence in managing the budget (again) both may push the world to adopt a new reserve currency. This would mean that the US could no longer sell bonds payable in easily printed US dollars. If that happens, the massive debts would have to be rolled over into other currencies -- and the devaluation of the dollar would exceed that which Nixon thought a brilliant idea (and led to the high inflation rates of the 1970s).The result of this would be dramatic increases in prices in the US and an excellent chance at hyperinflation.On the bright side, I don't think the Republicans will refuse to raise the debt ceiling, even if they have to hold their noses to do it. Obama's calculation on this -- a game of chicken -- will probably be right. The so-called shutdown affects only "non-essential" government (as they see it, this is about 10% of government employees). If it continues for long, people might decide they really are non-essential.And, finally, another bright note. More people now see how difficult it is to run a socialist state (one where the government operates a multi-trillion-dollar operation and controls almost all businesses through extensive and detailed regulation) with a gang of 535 disagreeing and disagreeable folks (mainly lawyers and professional politicians -- or, as they call it, "public servants").Obama is right in thinking the president, in this form of government, needs to be making all the decisions. Unfortunately, he is unqualified for that position.
Conservatives, what part of government do you want to cut?
I agree with you as far as "conservatives" go, but let me give you the Libertarian answer. We don't believe in NO government, but rather we believe that government has a LIMITED role as laid out in the Constitution. Not everything is a public good and therefore government should stick to that which is. These would be infrastructure and defense type issues. With that being said allow me to give you my own opinions on the right cuts and why; 1. Defense spending: it takes up 65% of our budget and pays for over 730 military installations throughout the planet. I think we can all at least somewhat agree that our military has become far to overreaching. We are not, nor should we be the world's police force, and if the U.N. has a problem with that, then they can just have a problem I guess. I think we could easily shut down 65% of these bases and have plenty of manpower to enforce our own borders instead of worrying about the borders of every other nation in the world. Coincidentally these bases are the reason that we experience so much hostility towards America, kind of like the Roman empire 2000 years ago, and the English empire 230 years ago. 2. The Department of Energy: It was created in 1977 by the Carter administration to REDUCE our dependence on foreign oil. EPIC FAIL!! need I say more? The reality is that as Reagan said "government is not the answer, government is the problem". I ask you, do you really trust the government enough to always take care of you properly? Name one government bureaucracy that has not failed? There is a lot more, but you get my point.
How does the rest of the world view the 2013 US government shutdown and the American government?
We understand the divisions between the two parties on the principles of spending out of recession vs. austerity, as it is the same argument that is being played out across Europe.However, what I can't get my head around is why 'Obamacare' appears to so viscerally undermine some members' sense of Americanism. Of all the over-reaches of modern government, improving equity of health security seems to be a really unusual one to get bent out of shape about. Particularly when many governments, including the US, are spending much more on over-reaching into other countries to arrest terrorists. Not that the latter is necessarily wrong; just that I would assume it would raise more hackles than a distinctly non-socialised healthcare system.Thankfully, for us in the UK the concept of a free at the point of care health service is understood to be so important to the electorate by the major political parties that they spend all their time trying to accuse the other side of wrecking it.
I need some information on the Tennessee Valley Authority part of FDR's New Deal.?
Now for an answer that you can actually read and use from a real historian: Positive effects: 1. It lowered the rate people in the Tennessee Valley region had to pay for electricity by nearly 80% thus helping making more homes electrified than ever before. 2. It helped industry spread into that region of the country now that cheap electricity was made available 3. It created tens of thousands of jobs for those that built and maintained the dam, those that built and maintained the powere plants along the line, those that maintained the power lines, those that created businesses that drew power from the dams, and those associated in any way with the management of the electricy. 4. It generated tax dollars in the region thanks to the paychecks families received for working with the dam 5. The increased tax dollars helped provide better schools and public services Negative effects: 1. It damaged the environment by flooding areas of forest land as the water from the dams backed up, damaging the natural habitat of animals in the region. And that is about it. There are not many negative results of the TVA. It was BY FAR the most successful of ALL the New Deal programs extablished by Roosevelt and the New Deal braintrust. And there you have it.