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Wednesday, January 11. 2017

How Trump might improve your life


Wall St. hates Trump, the elites look down on Trump, and the rich fear that Trump will put an end to crony capitalism. Trump was elected by Main St.: Will Donald Trump Embrace Main Street Capitalism?


The main job is to get government out of the way of job formation and growth especially in America's sad towns - and for small and start-up businesses.

Posted by The News Junkie in Hot News & Misc. Short Subjects at 14:38 | Comments (3) | Trackback (1)

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Look at the first dozen or so things he gets done (i.e. wouldn't have happened without his action), and ask me.
#1 BillH on 2017-01-11 16:03 (Reply)
Taxes are the number one thing that could change my life. NUMBER ONE. I surely hope he can follow through and get his plan through Congress. I want 15% business tax. Small business self-employment income treated separately from household. Would be huge boon to economy. I get hammered every year and my business is relatively tiny.
#2 MissT on 2017-01-11 17:17 (Reply)
This is something that needs to be fixed.

There has been a drive for "efficiency" over the last 40-50 years. We've gone from the banker you knew and the collateral that he knew, to algorithms on some MBA's laptop. We've gone from lending for the bank's own portfolio that was held to maturity/renewal to "originate and sell".

I don't think Trump can return us to the day when the local banker was a very important part of the neighborhood business community.

I just think that there needs to be more/better financing for small businesses and small real estate developers.

We don't need more strip malls for Best Buy, we need more small store fronts for the neighborhood and other small businesses.

Until the little guy is on equal footing with the big guys from a regulatory standpoint, not much will change.

Bank capital regulations... That is where I would start. There are a ton of rich guys that would start banks if it were both profitable and allowed.

I don't see the big banks ever being interested in main street.
#3 Mike (Link) on 2017-01-11 22:58 (Reply)

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