Larry Kudlow on health of US economy, possibility of new tax cuts


DAVID. DAVID: MARK. THANK YOU VERY MUCH. SPEAKING OF LARRY KUDLOW, PRESIDENT TRUMP’S TEAM IS TRYING TO CLEAN UP CONFUSION. HIS CHIEF ECONOMIC ADVISOR TELLING ME ON FOX BUSINESS ANOTHER TAX CUT PITCH IS INDEED COMING. LISTEN.>>WE ARE DEVELOPING AGAIN TAX CUTS 2.0. WE’RE TOUCHING BASE WITH ALL THE KEY PEOPLE IN THE ADMINISTRATION. DAVID: BUT, LARRY, IT SEEMS THAT THE PRESIDENT TOOK 2.0 OFF THE TABLE YESTERDAY.>>HE DIDN’T. I SPOKE TO HIM ABOUT IT. WHAT HE WAS SPEAKING TO WAS SOMETHING IMMEDIATE, URGENT OR ANTI-RECESSION. WE JUST DON’T BUY THAT SCENARIO. DAVID: FORGIVE ME FOR INTERRUPTING, BUT HOW SOON — MIGHT WE SEE MORE TAX CUTS BEFORE THE ELECTION?>>BEFORE THE ELECTION, YES. IN FACT, YOU MIGHT EVEN SEE TAX CUTS 2.0, WHICH WOULD DRIVE ADDITIONAL TAX RELIEF AND CREATE ADDITIONAL TAX INCENTIVES FOR MIDDLE CLASS FOLKS, FOR BLUE COLLAR WORKERS, FOR SMALL BUSINESSES. ADDITIONAL INCENTIVES. ADDITIONAL TAX CUTS AND YOU MIGHT SEE THAT DURING THE CAMPAIGN, TO BE PERFECTLY HONEST. THERE IS NOTHING IN THE NEAR-TERM. THAT’S WHAT THE PRESIDENT WAS GETTING AT. WE BELIEVE THE ECONOMY IS QUITE HEALTHY. WE EXPECT SOME RELIEF ON SHORT-TERM INTEREST RATES COMING UP FROM THE FED AND SO FORTH. BUT LONGER RUN, WHY NOT? THE TAX CODE CAN USE MUCH MORE REFORM, RIGHT? MUCH LOWER MARGINAL RATES FOR INDIVIDUALS, FOR BUSINESSES AND SO FORTH. WE’VE MADE TREMENDOUS PROGRESS IN 2017, 2018, 2019, BUT WE HAVE MORE WORK TO DO. NO QUESTION ABOUT THAT. DAVID: LARRY, YOU JUST MADE PRETTY BIG NEWS SUGGESTING DURING THE CAMPAIGN ITSELF LONG BEFORE THE ELECTION ITSELF WE COULD SEE A ROLLOUT OF NEW TAX CUT PROPOSALSMENTS YOU VERY MAY WELL SEE A NEW ROLL OUT OF ADDITIONAL, ADDITIONAL MIDDLE CLASS TAX–>>WHAT KIND? YOU SAID MIDDLE CLASS. THAT TO ME SOUNDS LIKE PAYROLL TAX CUTS.>>NO, I DON’T WANT TO GET INTO A LOT OF DETAIL ON THAT BUS I DON’T WANT TO GET AHEAD OF THE CURVE, BUT HIGHLY UNLIKELY WE’LL GO TO SOME SORT OF — THE IDEA OF SOME SHORT-TERM PAYROLL TAX CUT FIX, IT DOESN’T WORK, IT NEVER WORKS. IT HAS NO LASTING IMPACT. WE’RE LOOKING AT INCENTIVES. WE’RE LOOKING AT LOWER — LOOK, THE PERSONAL TAX RATES COULD EASILY BE LOWERED AND PROBABLY, THE BRACKETS COULD BE SHRUNK. THAT’S A THOUGHT. SMALL BUSINESSES, FOR EXAMPLE, COULD EASILY BENEFIT FROM ADDITIONAL TAX REFORM. FOR EXAMPLE, YOU KNOW, LLC’S MIGHT EVEN BENEFIT– WE MIGHT EVEN KIND OF WORK THROUGH A WAY TO HELP OUR FRIENDS IN SOME OF THE STATES WHO ARE CONCERNED ABOUT THE SHRINKAGE OF THE TAX DEDUCTIONS THERE. DAVID: IT’S ALL TAXES.>>TAXES. I’M NOT — THESE ARE FOR EXAMPLES. FOR EXAMPLES, THE CAPITAL GAINS TAX COULD BE CHANGED, COULD BE REDUCED FROM 23.8% WHICH IS VERY, VERY HIGH. THERE’S A LOT OF THINGS THAT CAN BE DONE TO SIMPLIFY THE TAX CODE, TO HELP MIDDLE CLASS FOLKS IN SMALL BUSINESSES, TO LOWER RATES, TO CREATE INCENTIVES. DAVID: SO TAX CUTS 2.0, IS THAT A CAMPAIGN STRATEGY HEADED INTO 2020. THE HEAD OF FORBES MEDIA, STEVE FORBES. AND CO-CHAIR, AND JESSICA TARHOV. TAXES A STRATEGY?>>THE TAX CODE, MUCH TOO HIGH AND EVEN IN BLUE STATES THEY’D LOVE THE IDEA OF REDUCING TAX RATES AND STIMULATE THE ECONOMY. GOOD TAX CUTS ARE GOOD. THE IDEA THAT YOU CAN OVERSTIMULATE WITH GOOD TAX CUTS IS PREPOSTEROUS. IF YOUR PAY GOES UP, DAVID, OR SOMEBODY’S PAY GOES UP, I DON’T THINK THEY’RE SWEATING AT NIGHT BECAUSE THEIR INCOME IS IMPROVING. GO FOR WHAT’S GOOD. BY GOLLY, WHY DOESN’T HE PROPOSE A FLAT TAX AND THROW THE WHOLE THING OUT, EVERYONE WOULD CHEER. DAVID: JESSICA, IF YOU ASK THE VOTE, DO YOU WANT TO PAY MORE OR LESS IN TAXES? HOW DO YOU THINK THEY’RE GOING TO ANSWER.>>THEY’LL OBVIOUSLY SAY THEY WANT TO PAY LESS FOR TAXES. DAVID: THERE YOU GO. IT’S A GOOD IDEA.>>I THINK THAT MIDDLE CLASS AND LOWER CLASS TAX CUTS ARE A GOOD IDEA. ALL THE CANDIDATES ON THE DEMOCRAT SIDE HAVE THOSE TO BENEFIT THE ISSUE. DAVID: HOW ARE THEY GOING TO PAY FOR IT?>>WE ARE GOING TO SUBMIT TO CONGRESS, INFRASTRUCTURE. DAVID: BECAUSE THERE’S NOT ENOUGH MONEY IN THE UNITED STATES TO PAY FOR EVERYTHING THEY’RE PROPOSING.>>THE PEOPLE ON THE REPUBLICAN SIDE, THE TAX CUTS BENEFITTED PEOPLE THEY WERE NOT SUPPOSED TO BENEFIT OR PURPORTED TO BENEFIT. CORPORATE PAYOUTS. YOU’RE LOOKING AT ME PERPLEXED AND WITH A TRADE WAR–>>LET’S BE CLEAR ABOUT THIS. THIS IS A NEW YORK TIMES HEADLINES, THEY’RE NOT TRUMP FANS. FACE IT YOU PROBABLY GOT A TAX CUT. THEY’RE ASSOCIATED WITH LIBERAL ORGANIZATIONS SAYING THAT 65% OF TAXPAYERS GOT A TAX CUT. ONLY 6% ACTUALLY PAID MORE IN THEIR TAXES, BUT THAT’S A PROBLEM FOR REPUBLICANS BECAUSE THEY DID NOT MESSAGE THAT WELL IN 2018, DID THEY?>>WELL, I MEAN, A LOT OF MEDIA DIDN’T WANT TO REPORT THE REAL FAX ABOUT THE TAX CUTS AND JOBS ACT. DAVID: WITH AN ABOUT REPUBLICANS DUTY TO REPORT IF THEY DIDN’T WANT TO BE REELECTED. A LOT OF THEM WEREN’T AS A RESULT OF NOT REPORTING THAT IN 2018.>>THE PRESIDENT IS PUSHING FACTS ABOUT WHAT HAPPENED AND PEOPLE THAT BENEFITTED FROM THE BOTTOM TO THE TOP AND BENEFITTED FROM THE TAX ACT. AND THAT BENEFITTED POSITIVELY FAMILIES ACROSS THE COUNTRY. FAMILIES FROM WHERE I COME FROM OHIO, MIDDLE CLASS FAMILIES. THAT GOES A LONG WAY. THEY SEE LESS TAXES OVERALL PAID. THE MAJORITY OF PEOPLE PAID LESS TAXES AND OF COURSE IN THE FIRST YEAR OF THE PRESIDENT’S ADMINISTRATION, 600,000 WOMEN WERE LIFTED OUT OF POVERTY. YOU SAW PEOPLE COME OFF FOOD STAMPS. IT’S A GREAT TIME TO BE IN AMERICA.>>AGAIN, STEVE, THE MESSAGING FROM REPUBLICANS ON THE TAX CUTS, I THINK, HAS BEEN TERRIBLE. THEY HAVE NOT FOCUSED ON THE FACTS, WHICH EVEN THE NEW YORK TIMES CAN’T AVOID.>>YEAH, THE REPUBLICANS ARE THEIR OWN WORST ENEMIES ON THAT. THAT’S WHY WE LOST SEATS IN NEW JERSEY, IN NEW YORK AND IN SOUTHERN CALIFORNIA, NOT TO MENTION THE ELECTION FRAUD ON THE SIDE.>>WHAT ELECTION FRAUD ARE YOU TALKING.>>ANOTHER TIME. AND THE TIME FOR CANVASSING FOR ABSENTEE BALLOTS. DAVID: LET’S NOT GET TOO IN THE WEEDS.>>BOTTOM LINE, YOU EARNED IT, YOU SHOULD KEEP IT. DAVID: SIMPLE.>>AND WHEN WE REDUCE THE BURDEN ON PEOPLE, YOU NOT ONLY KEEP MORE, BUT YOU EARN MORE. DAVID: ALL RIGHT. LET ME SWITCH GEARS A LITTLE BIT FOR YOU, JESSICA, ON THE RECESSION TALK BECAUSE THERE’S BEEN A LOT OF RECESSION TALK, NOT JUST BY DEMOCRATS, BUT IN THE MEDIA ITSELF, ALSO BY PEOPLE ON WALL STREET THAT ARE CONCERNED ABOUT. YOU SAW THE MARKET DROP YESTERDAY.>>RIGHT. DAVID: MOST OF THAT WAS CHINA CONCERNS, BUT A LOT OF IT WAS THIS UNDERLYING CONCERN ABOUT HOW THAT MIGHT AFFECT THE OVERALL ECONOMY. HOW IS THAT GOING TO BE PLAYED OUT ON THE CAMPAIGN TRAIL BY DEMOCRATS?>>I THINK IT’S GOING TO BE PLAYED OUT. NO ONE WANTS A RECESSION. THIS ISN’T A BUNCH OF CANDIDATES RUNNING AROUND TALKING– WHAT THE PRESIDENT DID YESTERDAY ON HIS TWITTER ACCOUNT, BASICALLY, MOVING US CLOSER AND CLOSER TO RECESSION VIA TWEET, FRANKLY UNDOING THE PROGRESS. DAVID: EVEN THOUGH SCHUMER SUPPORTS ON TAXES.>>HE SUPPORTS WITH CHINA, BUT DOESN’T SUPPORT A TRADE WAR AND THE TARIFFS. DAVID: BUT HE SUPPORTS ON CHINA, AND DOESN’T HE SUPPORT THE POLICY?>>NO, YOU CAN ACCOMPLISH WITH THE POLICY ROUTES. THINGS THAT DEMOCRATS WOULD DO TO CHALLENGE CHINA THAT WOULDN’T END UP WITH 25, 30, WHATEVER HIS LATEST TWEET SAYS TAXES, TARIFFS TAXES ON GOODS. DAVID: JESSICA MENTIONED BELL MAHER WHO SAYS HE WANTS A RECESSION TO GET RID OF TRUMP, THAT’S WHAT HIS GOAL IS. DO YOU THINK THAT THE MEDIA, AT LEAST PEOPLE LIKE MAHER AND OTHER DEMOCRATS ARE EVERPLAYING THEIR HAND IN TALKING ABOUT RECESSION, PARTICULARLY IF IT DOESN’T HAPPEN?>>YEAH, ABSOLUTELY. NO, I DON’T THINK THAT EVERYONE IS OUT THERE TALKING LIKE BILL MAHER, FOR PEOPLE WHO ARE, IT’S SICK TO WISH THAT ON THE PEOPLE OF THIS COUNTRY. IT’S SAD TO SEE THAT PEOPLE’S HATE FOR THIS PRESIDENT OVERCOMES COMMON SENSE. AS HE TRIED TO SQUEEZE IN IN THE LAST SEGMENT, AND OBAMA SAID TO YELLIN, WE WILL NOT HAVE RECESSION, THE ECONOMY IS TOO STRONG.>>DO YOU THINK THAT BILL MAHER WANT RECESSION–>>THE CBO CAME OUT SAYING THAT THE BAD NEWS THE DEFICIT IS GETTING MUCH WORSE. THE GOOD NEWS WE’LL GROW SLOWER THAN WHAT THE PRESIDENT FORECAST, BUT THROUGH THE NEXT COUPLE OF YEARS.>>IF YOU GOT RID OF THE TRADE UNCERTAINTIES WITH CHINA AND PENDING ONE WITH EUROPE, YOU’D NOT ONLY SEE THE MARKET GO UP 5,000 POINTS, BUT YOU’D SEE GROWTH ON THE RESUMED PATH. DAVID: JESSICA, HOW DO THE DEMOCRATS DEAL IN THE CAMPAIGN WITH THE JOB GROWTH WHICH IS EXTRAORDINARY. YOU HAVE MORE JOBS THAN PEOPLE LOOKING FOR JOBS. THAT’S THE FIRST TIME THAT’S HAPPENED IN MY LIFETIME AND IT’S A PRETTY IMPRESSIVE REGARD, IS IT NOT?>>IT IS IMPRESSIVE. LAST YEARS, WE’VE SEEN THE GROWTH AND AT THAT INCLUDES THE OBAMA YEARS. I THINK THAT YOU SHOULD ABSOLUTELY APPLAUD THE SUCCESSES AND THE STRENGTHS AND WEAKNESSES.>>WHICH IS WHERE?>>CERTAINLY IN TRADE POLICY WITH WHAT’S GOING ON. FROM OUR INITIAL DISCUSSION ABOUT THE TAX CUTS, IT WAS SAID THAT YOU WERE GOING TO GET AN EXTRA THOUSAND DOLLARS IN YOUR POCKET, BUT BETWEEN THE CBO REPORT AND THE MORGAN STANLEY REPORT ABOUT THE IMPACTS OF THE TRADE WAR ON AVERAGE AMERICANS, YOU’RE LOSING YOUR MONEY RIGHT AWAY. I DON’T BELIEVE THAT THEY’D TALK ABOUT TAX CUTS 2.0 IF IT HAD BEEN A STERLING SUCCESS. SOME OF THAT IS MESSAGING. I TOTALLY AGREE WITH YOU, REPUBLICANS HAVE DONE A BAD JOB WITH THAT, BUT SOME IS JUST THE REALITY OF WHO WAS GETTING ASTRONOMICALLY RICHER FROM THIS RATHER THAN A FEW HUNDRED DOLLARS BACK IN THEIR POCKET?>>THAT’S 65% OF TAXPAYERS PAID LESS. I DON’T THINK THAT MESSAGE REALLY GOT OUT. AND I DON’T THINK THAT THE GOOD TAX CUTTING BELIEVES EVER

100 thoughts on “Larry Kudlow on health of US economy, possibility of new tax cuts

  1. Trump failed on NK, China, Healthcare, The Wall, Trump has the biggest Swamp, and gave a 2-Trillion tax break to the rich.

  2. "You know how they are gonna pay for them" (hard swallowing). These people will say anything for a payday. Why we need a second tax cut if the economy is booming? And a tax cut just added 2 trillion to the deficit. Smh

  3. Jessica is a Beautiful lady with a Marxist misguided touchy feely mind. Her NEWS is from Left-Wing sources.
    Logic and Consequences evade her and Democrats in general.

  4. China is dangerous for the world to be next superpower. Look at what they did in west Philippine sea. Taking advantage on poor country like the Philippines

  5. Lol "what election fraud?" Then they stuff her mouth with facts. She's definitely trying to get Trump's attention.

  6. Juan William's and Jessca Tarlov prove the rule: it's as if every Democrat has been indoctrinated and brainwashed … and the leadership of the Democrat plantation have appointed overseers like Juan and Jessica to keep them in check!

  7. The Democrats created these programs which are based on the "Ponzi Scheme" programs that have ballooned our society debt to 22T….Republicans refuse to challenge these programs because the people are now accustomed to them and they would never be able to get elected again, so they never challenge these programs that are destroying our country brought to US by the Democrat Party….Look up "Cloward and Pivens Strategy"…..the Reason is there.

  8. I don’t agree with mostly everything that Jessica says… that being said I like her. Wish all the crazy dems would take her example of reasonable behavior and she remains a lady… unlike AOC+3 ugly bitches!

  9. The US dollar is on life support & the US economy, hasn't got the private health care cover, to save the dollar <<< FREE ASSANGE

  10. What ever happened to a trump ordering all cabinet Heads to cut a mandatory 5% from each of their agencies. It's time to cut the size of the swamp. By God, 5% is nothing. It should be done as a matter of course. The taxpayers need to also stop paying for any non-profit publicly funded organization that makes political donations i.e. NPR / CPB, Planned Parenthood, etc., etc., etc.

  11. Jessica's twisted gibberish and screwball attitude are comedy gold. If she's ever right about anything it would be breaking news.

  12. My tax person this past year told me. Yeah your employer took less taxes… you might wanna look into that, I knew why. I got a little more in every paycheck. 👍 that’s why I got a lower return.

  13. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

  14. There are more jobs than there are people to fill them. We have too many people who don't want to work. It's an epidemic in this country. I see this at my place of employment all the time.

  15. These guys are wrong……obviously the last round of massive tax cuts failed to stimulate the economy, so their answer is more tax cuts. Maybe they should be looking at raising the minimum wage to a living wage, ie $20 per hour.

  16. We are heading into a Recession soon because of the Jackass in the White House. Are we winning yet? By the way, I heard baby trump has to use women's golf clubs because his hands are so small.

  17. President Chump is cracking up and Ludlow is rubbing his hands at the thought of more tax money in his pocket. These guys are nothing more than a bunch of hit and run money grabbers who couldn't care less about those famlies stuggling, especially people in food lines. You may find your little world is going to come falling down in 2020 when reality kicks Trump out, and his greed gang Republicans start to panic when they find there having to fly smaller private jets.

  18. More tax for the super rich, other wise before you realise it history shows that you can only scam the middle class for so long. The thought of give them the crumbs and we get the loaf attitude no longer works, because voters can see the con. I wonder how many on the panel have ever stood in a food line or wondered how they are going to put food on their children's table…..I would say none of them.

  19. Hey a tax cut is a great feel good for the public, but pray tell, when are we going to get serious about paying back those trillions of Monopoly Dollars this administration keeps printing up; indeed a lot of it inherited from previous administrations. We don't need a stimulus, we need to stop borrowing against our children's future, which with the current frenzy of printing irresponsible play money will be bleak at best. We need to invoke the shade of Harry Truman who once said. ' I never spent a dollar I didn't have". A great American I tell thee! So let's jump on this debt and get it paid before we go about recklessly squandering our children's future.

  20. It's sickening to watch Fox News go down the drain with the rest of Fakenews. Y'all know recession talk was spawned by the Left & their cohorts at the Fed. Y'all know they're pushing POTUS to unveil his tax cuts ahead of the campaign. But then again, y'all are managed by leftwing TRAITORS and more and more leftwing liars are coming aboard Fox news.. BUT YOU WILL LOSE.. AND WE THE PEOPLE & PRESIDENT TRUMP WILL WIN.

  21. There are more jobs than people qualified to take those jobs! Not more jobs than people looking for jobs! The qualified people to fill those jobs have all taken retirement!

  22. More tax cuts – so much for the GOP being fiscally responsible. Under Trump, the deficit will reach $1T in fiscal 2020. What happened to those Tea Partiers who railed at Obama’s spending? They have all caved in and are kissing Trump’s ample behind. It doesn’t take a genius to know that when you cut revenues (taxes), and increase spending you are digging a deeper hole.

  23. Don't you love when the president increases government expenditure and then wrecklessly cuts our primary source of revenue. Remember when y'all were so mad at Obama when he increased the debt to pull us out of the 2008 recession? Sheep. Hypocrites.

  24. Trump: American companies "are hereby ordered to immediately start looking for an alternative to China."
    Ooops, there goes Ivanka's 21 Chinese patents, and Trumplands cheap trinket sht.

  25. If there were a recession then cutting taxes is the right thing to do, the American people can keep more of their money than to have the government take more from us… Only a dumbass would want higher taxes if a recession was coming.

  26. Why is Jessica allowed to just make bald lies?? It's just so .. disgusting and an insult to every single one of us to just … lie. Why does Fox allow her to hijack the truth?

  27. Jessica they gove you a voice & you just complain complain complain. But your mouth was shut when we had Obama.

  28. How about cutting sales and property taxes, especially sales on food which is getting more and more expensive, it's now more packaging, air puffed, and liquid filled then eating real food.

  29. Trump is about to put 4 more inches in you……..WE the U.S. just put $1,400,000,000,000 USD into our Military in the last two years. Come get some……

  30. that women would blow anybody, as long as they said their were a dem congress member, She's so brainwashed with the demoCRAP agenda, JUST WATCH THE WAY SHE TALKS, out the side of her mouth!!!!

  31. Jessica tarlov when I hear her voice I cringe . everything that comes out of her mouth is ridicules . pure liberal Democrat crap

  32. GUYS I'm sorry Jessica is a leftist stooge just a prop of fox news. She's not very left real leftards are wayyyyy worse but none would ever come on fox news. Because it is racist sexist etc to them.. and they have a cult mentality that it would give republicans credibility. Fox and CNN and MSNBC all use propaganda some is softer than other stations

  33. Only a dope dos'nt know starting in the seventies $ was gone & unaccounted for every year as a fact according to how little controll the taxpayer has over consiquential corruption in U.S. Gov.over sworn responsibilities to the American people,soarce news.

  34. Like always, Republicans will wreck the economy and American culture. They simply do not know economics. Watching FOX is like watching a communist state TV propaganda channel.

  35. Discussed, Additional tax cuts for middle class, blue collar, small business, short term interest relief. NOTpayroll tax cut. Tax code is too high.

  36. 600,000 ppl came off poverty level last year. LADY, the democrates would never challenge China on tariffs!!! Never!! Liar!

  37. 10 reasons why US will lose the trade war:

    1. Trump’s abandonment of the TPP has simply accelerated a displacement of America as the world’s
    leading economic power. Since 2018 are the remaining 11 TPP-countries making business with China
    without the US.
     
    2. Trump insults EU, allied and China at the same time = bad timing

    3. China is now entering new investment agreements with EU, Putin, Canada etc while Trump pull out of
    the most strategic agreements (Paris, TPP, Iran etc) and leaves it open for anyone to take US former
    leading role in global trading.

    4. WTO claims the US’s violations of international rules have hurt global trade. Trump’s methods are
    illegal. The US risk substantial penalty (higher than tariff incomes) while China don’t risk penalty at all.
    WTO has sanctioned a right for China to defend themselves from Trump’s illegal fire. Trump is the bad guy
    in a bad position.

    5. China it self is a market that the US can hardly ignore. 

    6. China has most of what it needs now, and what it doesn’t have, it can easily obtain from vendors outside
    the U.S. China has simply increased tariffs on US goods and lowered tariffs on other WTO countries.

    7. The trade war is not a disaster for China, mainly because the US needs China more than vice versa. 

    8. US companies and workers now have a significant disadvantage over both Chinese companies and
    companies from other countries. US has not been so badly positioned in the world economy ever in modern
    times. Only Putin and Kim Jong-Un seems to like Trump nowadays.

    9. Trump has no strategic plan nor appropriate temperament. He just shout and tweets like a angry baby and 
    proves himself to be totally ignorant of the Fed's mission in stupid tweets. No one gets impressed except for GOP, some 
    anchors at Fox news and Trump’s base. Trump should have a plan B, but he scare away US former 
    alliances when they are needed most.

    10. Xi isn’t up for re-election. He has plenty of time. Xi can peacefully watch how Trump is embarrassing the US on the
    world arena, wach the 2020 election and then decide if he wants a trade deal at all with the US. Trump is in hurry.
    He urgently need to show nice numbers to have a small chance to get re-elected. Trump is stuck in a very bad time
    trap and China is watching him panic and laughing at him, as he only can blame himself.

    More reasons why the US will lose?

  38. Madam are you suggesting the Democrats would adopt a strategy with china?😂😂😂. Why. You see china as your masters!

  39. Hopefully we quit funding Chemtrails??!!!! Trump not sending plane loads of money to Iran like BHO. Defund black ops projects??? lower my taxes. Tax code waaaay toooo complicated. Ridiculous 😡😡😡😡. The people who get free stuff, want more free stuff….meanwhile, the people paying for free stuff are tired of paying for free stuff for others. 🤔🤔🤔😡😡😡. Madison and Forbes get it👍👍👍. Jessica is selling the fear!!😂😂😂😂

  40. 65 percent of Americans saw a tax cut that didn't really effect them at all, but some tax cut recipients capitalized on millions, including large corporate bonuses, now the drump is going to blame the media for his bad policies creating a recession.

  41. Blah… Blah blah blah.
    Tax cuts blah. Please vote for me, blah blah blah blah blah blah blah blah. Trump loves the uneducated people of this country because they don't understand what he is doing. Trump is bankrupting this country.

  42. China is paying tariffs by a ratio of 4 to 1. US fundamentals are strong – people have jobs and they don't have to dip into their savings., the economy is strong.

    Yesterday, China is raising tariffs of $75 billion on goods from America and in return Pres Trump is actually raising the tariffs on goods of $550 billion. The Chinese are so frustrated by this. They blinked first when it comes to the value of the currency. Now they will have to blink again because America buys so much from China. If that is going to hurt, the Chinese economy will bleed terribly. The media-nites still don't understand Pres Trump's tariff strategy.

    Also the media-nites fail to understand on the stock markets. That DOW number of 27,000+ is the highest – strongest stock market during Pres Trump's watch. That is the highest it has ever been, ever. It's never been that high. So 600 points
    drop would not impact the stock market, would it? Netizens like us can easily understand Pres Trump's strategy and foresight but not the unelected officials of the EU, not France, not Germany, not China, not Canadians, not the UK….. numbskulls. Europe is struggling. Germany, largest economy in Europe, is struggling.

    The President has explained many times, so please get it and move on with President Trump's next clever move and learn from the tested wiseman, Pres Donald Trump!

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