Will It Be BETTER Or WORSE For The Car Biz In The USA If Trump Wins Again? Or If He LOSES?

Will It Be BETTER Or WORSE For The Car Biz In The USA If Trump Wins Again? Or If He LOSES?
Hard to believe we're already in a Presidential election year. Just doesn't seem time has passed this fast.

Tonight's question has nothing to do with predicting WHO will win. One thing we know is anything can happen so never count your chickens.

We want to focus directly on the business that we know, cover and love. The auto segment.

And you should know by now we want everyone to do well and flourish.

So with that in mind, make a prediction...Under WHICH scenario does the automotive segment do BEST?

If Trump wins again or if he's defeated in November?

And be sure to EXPLAIN WHY you believe what you do.

Spies, discuss...


MDarringerMDarringer - 2/18/2020 9:29:51 PM
+3 Boost
It will be worse if he loses because the socialist ideologies of the Democrats is all about destroying business.

The ONLY outcome that socialism produces is poverty.


valhallakeyvalhallakey - 2/18/2020 10:34:17 PM
+1 Boost
Funny stuff... from funny people. Likely it will be good for Tesla and overall for the US auto industry if they get an administration in there that believes in science and understands that anthropogenic global warming is real and we need to design vehicles that do not contribute to that problem going forward. That would put our automakers in a better position to compete globally since the rest of the world is going that way regardless of what the US does.


valhallakeyvalhallakey - 2/19/2020 12:56:42 AM
+2 Boost
I can agree on endless wars, waste of money and more importantly waste of life. Also agree Trump has been pretty good at China with their IP theft etc... I think he could have done better by engaging others in that effort but good on him for taking a hard line there! On climate change, it is really fairly straight forward science and the statement that the US finances scientist all over the world to fake data with respect to human caused climate change is false.

From one of my favorite books - The dumbing down of American is most evident in the slow decay of substantive content in the enormously influential media, the 30 second sound bites (now down to 10 seconds or less), lowest common denominator programming, credulous presentations on pseudoscience and superstition, but especially a kind of celebration of ignorance”
? Carl Sagan, The Demon-Haunted World: Science as a Candle in the Dark


valhallakeyvalhallakey - 2/19/2020 9:39:33 AM
+1 Boost
FAQMD - Your anecdotal evidence has nothing to do with science, here from our President's own executive branch - https://climate.nasa.gov/evidence/

Having spent years in the Air Force studying weather before becoming an engineer you get to learn what is called critical thinking. It has been around since the ancient Greeks and is the development of how to discern facts from fiction and come to a reasoned conclusion. It should be mandatory in schools these days. Now we celebrate ignorance and actual facts do not matter.

Again, as the late great Carl Sagan warned us - "The dumbing down of American is most evident in the slow decay of substantive content in the enormously influential media, the 30 second sound bites (now down to 10 seconds or less), lowest common denominator programming, credulous presentations on pseudoscience and superstition, but especially a kind of celebration of ignorance”
: Carl Sagan, The Demon-Haunted World: Science as a Candle in the Dark


valhallakeyvalhallakey - 2/20/2020 1:18:06 AM
+1 Boost
@FAQMD "valhallakey - ... ha, ha, ha, ha, ha ....

Get back to me once you have read Thales of Miletus works"

I get the last laugh unless you are a lot older than anyone on this board. I really don't think you have read his "works" as none survived. But then again maybe you really are old and read it in the original Greek.

On the other hand thanx for your service. What did you do? Where were you stationed?


valhallakeyvalhallakey - 2/20/2020 1:33:59 AM
0 Boost
@FAQMD on Ludwig Josef Johann Wittgenstein "works" - I would hardly call one short book 140pg and the packaging and publishing of his manuscripts 242pg "works". Strangely enough I did have to read Tractatus Logico-Philosophicus in college. I did not recognize the name at first... maybe I am getting old... not as old as you but still. Due to your recommendation and what I remember from reading his book in college I have downloaded Philosophical Investigations and will read it this weekend. Thanx for the recommendation. Still love Carl Sagan, maybe less of a philosopher that these gentlemen but he was a man of our times.


Section_31_JTKSection_31_JTK - 2/18/2020 10:13:14 PM
+2 Boost
Socialism has killed hundreds of millions and bankrupted many more. The fascist liberal democrats will destroy our economy and in doing so, join the ranks of the Maduros and Mao's of the world.


valhallakeyvalhallakey - 2/18/2020 10:43:57 PM
+2 Boost
Seems like Obama's economy did quite well, as did Clinton's. I suppose dumping a trillion dollars into the economy the last 2 years (exploding the annual deficit during a good economy) and having the fed printers turbocharged has helped things keep trucking but the piper must be paid someday. Perhaps you should catch up on what it looks like as countries slip into fascism. Perhaps Sinclair Lewis' book It can't happen here would be a good read. An interesting read about what fascism really was before it was redefined. BTW Mao was a communist.


SanJoseDriverSanJoseDriver - 2/18/2020 10:43:22 PM
+2 Boost
That depends if you're rooting for ICE or EV vehicles. On the EV side Trump's policies currently hurt Tesla and GM (soon Ford as well) and benefit all foreign auto manufacturers that have been EV laggards.

The irony is that if he gets elected again, he'll probably cave around year 7 or 8 to go with the majority and start instilling pro-EV policies and then take full credit for the EV revolution.

Oil is still getting epic tax incentives under Trump. At this point, it would be great to nuke the incentives across the board and simply lower taxes as much as possible for consumers. Gas and EVs will be more expensive, but people will have more disposable income and can make a fair choice.


llaroollaroo - 2/18/2020 10:56:35 PM
+2 Boost
stop with the politics on here ! is there no place you can go these days ! keep it about cars so people can be civil.


Section_31_JTKSection_31_JTK - 2/18/2020 11:06:09 PM
+2 Boost
An article in The Caucus, states: "In the magazine article, Mr. Obama reflects on his presidency, admitting that he let himself look too much like “the same old tax-and-spend Democrat,” realized too late that “there’s no such thing as shovel-ready projects” and perhaps should have “let the Republicans insist on the tax cuts” in the stimulus."

Obama doubled the national debt despite record low interest rates and suffered the worst jobless recovery in US history.

Under Trump, we've had 6.7 million new jobs created, and record low unemployment for African Americans, Hispanics, and other minorities.

Clinton's policies were a failure until after the mid-term elections, when he realized that he had to tack to the center lest, he lose more mid-term elections. As a result, his policies because much more centrist.

If a socialist like Sanders or Warren gets into office, we can kiss our economy goodbye.


valhallakeyvalhallakey - 2/18/2020 11:36:55 PM
+2 Boost
According to the dept of labor - during Trump's first 36 months in office, the US economy has gained 6.6 million jobs. The last 36-month period at the end of Obama's tenure, employers added 8.1 million jobs, or 23% more than what has been added since Trump took office. In addition GDP growth was over 4% multiple times under Obama and one quarter was 5.2%. Under Trump the annual deficits ballooning and the trade deficit is increasing. Granted the economy continues to do well, however having dumped over a trillion $s into the economy during a nice recovery does not leave any room should things take a turn for the worse. Add in that when Obama took over when we were losing over 1M jobs a month, GDP was in a free fall... I would say he did pretty good. Interesting in depth factual article in the Washington post a while back with numerous graphs of the governments own numbers on growth, employment, deficits etc...


FoncoolFoncool - 2/19/2020 7:51:06 AM
+1 Boost
That’s not according to the Dept of Labor, that’s talking points from DNC Obama sycophants trying to claim credit the Trump economy just like they tried to blame Bush for the Obama economy.


valhallakeyvalhallakey - 2/19/2020 9:25:21 AM
+3 Boost
https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth


valhallakeyvalhallakey - 2/19/2020 9:30:08 AM
+3 Boost
Fact vs Fiction. Show me a factual source saying there have been more jobs created under the first 3 years of Trump vs the last 3 years of Obama. Show me a factual source saying Trump has produced multiple quarters of 4%+ growth or even one quarter of 5% growth (he promised 6+% with his tax cuts). Show me that the annual deficit has not increased under the Trump administration... what happened to the tea party???


CANADIANCOMMENTSCANADIANCOMMENTS - 2/19/2020 9:06:56 AM
+2 Boost
Of course it would be better for the auto industry if Trump left at the end of his first term.

People need extra income to buy a car. The more the better. Best way to do that is to have less of a tax burden and better jobs.

With Trump leaving major trade deals with the EU and the Pacific nations will happen. Which will drive more exports and trade.

As well..


The $1TR tax cut for corporations and donors will be cancelled
Tax loop holes for donors and corporations will be closed
Spending will be slashed
Sin taxes will be adopted gas/booze/cigarettes
Pot will be legalized and taxed heavily
An infrastructure bill will be passed providing millions of good jobs
Wall Street will be reigned in with tougher regulation
Banks will be better regulated to prevent future problems
Spending will be slashed (defence/Space Force)
Corporate handouts to the Oil industry, coal and Milk producers will end
Climate change will be embraced and green technologies invested in

Everything will be better and you will no longer have to be embarrassed daily with the Circus in the White House. Other nations will return your calls and invite you to trade and to nice parties.

What could be better?




xjug1987axjug1987a - 2/19/2020 10:12:47 AM
-1 Boost
You're Canadian... better to be quiet and perceived an expert than open your yap and prove you're a fool. Just shut up and enjoy the protection America provides for miserable Canadian fools like you. DemoRats will raise taxes so there goes your moronic Auto Industry comment...

Trudeau... you have no fingers to point at anyone...what a joke... TRUMP 2020!


CANADIANCOMMENTSCANADIANCOMMENTS - 2/19/2020 12:56:15 PM
+1 Boost
@xjug. You have one response and it's always the same. American posters don't own or control this site. It has global viewership. And a broad range of opinions. Learn some self control instead of always playing the fool and being the ugly, illinformed American.


xjug1987axjug1987a - 2/19/2020 1:58:33 PM
-1 Boost
Gotta love jealous coward foreigners who call Americans ugly... move on and enjoy your pathetic country, your wrong "opinion" (your poor grammer ->ill-informed -> (I think not... ) and your miserable socialism... we got it handled here... GO TRUMP 2020!


TomMTomM - 2/19/2020 1:42:14 PM
+3 Boost
I have been around a long time. THis current expansion period is the longest we have EVER had in our History - and unfortunately that means that NO MATTER who gets elected - the chance of the Obama/Trump Expansion crashing becomes more likely. And It will eventually crash. If the Coronavirus doesn't do it - something else will. It really has nothing to do with Political parties - it is just being the one there when it happened. Just as Expansions are generally the result of the work done by previous administrations to try to prop up the economy that don't take effect right away.

However - as long as the average worker in the USA no longer can afford the average car sold in the USA - and lower wage workers are still effectively not getting ahead on wages - the next crash has the potential of being quite deep and long.


xjug1987axjug1987a - 2/19/2020 4:48:35 PM
0 Boost
Expansions are generally the result of the work done by previous administrations to try to prop up the economy that don't take effect right away. - Except some administrations put roadblocks to growth in effect. Barry and Bubba did exactly that... Reagan and Trump have removed regulation and road blocks to growth, thus this economy is Trumps, not Barry's. There are policies one can point to that Barry did zero to spur economic growth actually only acted to thwart it.. "the new norm"... and "you didn't build that.." Oh, and Bill ClintStone said he fixed the "business cycle" that caused growth then recession... right before he implemented policies that gave us the Financial Crisis that W had to clean up...


SanJoseDriverSanJoseDriver - 2/20/2020 12:35:11 AM
+2 Boost
@TomM

1) That's what she said
2) Totally agree, here is an AMAZING video overview of short and long term debt cycles: https://www.youtube.com/watch?v=PHe0bXAIuk0 , we aren't due for a depressions anytime soon but we're overdue for an economic contraction and interest rates can't go any lower to compensate


Section_31_JTKSection_31_JTK - 2/20/2020 12:14:01 AM
-1 Boost
"ugly ill informed Americans"???

Last time I was up in Canada I saw a couple of elderly white Canadians shout a bunch of racial epithets at some Asians.

Ask Canadians about American history and you'll get a blank stare.

Pffft - go back to sucking on your Molsens.


valhallakeyvalhallakey - 2/20/2020 1:09:58 AM
+3 Boost
Interesting arguments. If the growth happens under a Democratic administration it is because it is always the previous Republican administration that set up that growth that just did not take effect right away. If the growth happens in a Republican administration it is because they remove regulations etc... I got it now, thank you!


Section_31_JTKSection_31_JTK - 2/20/2020 6:16:54 PM
0 Boost
Actually, it's the other way around. Obama is trying to claim credit for the unprecedented economic success under Trump. Data says Obama is lying and wrong.

This election is going to be a laugh. The dem leadership can't run away fast enough from communist Bernie, but their "mainstream" candidates have no chance of winning the nomination. There is a giant schism in the party. It's left wing vs far far left fascist socialist/communists. And so far the far far left is winning.

Unfortunately for them, mainstream Americans completely reject the authoritarian fascist socialism that they espouse. Ergo Trump will win again in a landslide. And more than likely, the dems will lose the House.


valhallakeyvalhallakey - 2/20/2020 11:32:10 PM
+2 Boost
What data? Job creation? Down 20% last 3 yrs of Obama vs first 3 years of Trump 8M vs 6.1M. GDP growth? Obama had 3 quarters of over 4% and one of over 5% growth. Trump has not had even one 4% growth quarter yet. Annual deficit? $585B in Obama's last year and over $1T last year and predicted to be $1.3T in 2020. GDP Growth overall, look at a graph from when Obama took office to today, you see an almost absolutely straight linear line. Unemployment same thing. Obama inherited an economy in free fall - unemployment hit over 10% and we were losing over 1M jobs a month when he took office. When he left unemployment was at 4.7% and we had healthy job growth for years. A graph of that will again show an almost linear line. In addition Trump dumped $1T+ into the economy with tax cuts that primarily benefited the very wealthy, exploding the deficit, and the fed has their printers on turbo speed. We will pay the piper for this foolishness as we will have no fiscal tools at our disposal when the economy does hit a downturn. I will say he is a great promoter and salesman though. To hear it from him Obama drove the economy into a ditch and he pulled it out. Nice place to get actual data --> https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth


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