As Trump has been elected president, stocks have begin thriving. Due to the political agenda of President Trump, regulations on financial industry are preparing to decrease drastically. As fewer regulations are soon to be in place, corporations will soon be able to increase the profit they make. When the profit of the corporation increases, the stocks increase as well. Since the stocks are supposed to increase soon, many people are beinging to buy more stocks. For example, in the past few weeks, the Dow Jones industrial average rose 186.55 points to get above the 20,000 evel once again. In addition, The Standard & Poor's 500 closed just 1 point under its record high of 2298.37, where as the Nasdaq actually did beat its record closing high at a closing high of 5666.77. Therefore, with the current events happening in the stock market, we are able to see the progress in the economy due to the new, easier restrictions on corporations.
1. Although many disagree with many of President Trump's political issues, do you feel that he has a possitive effect on the economy thus far?
2. Do you feel that the less regulations on financial corpurations is actually a good thing?
3. Do you think President Trump will make actual change in the economy during his presidency? (such as create more jobs, actually follow through with reducing regulations, etc.)
http://www.usatoday.com/story/money/markets/2017/02/03/asian-stocks-sag-after-wall-street-ends-little-changed/97436360/
I don't agree with Trump's societal views, but I do agree with his economic views. He has helped the economy a lot already, but while a decrease on regulation may be a good thing it could also be a bad thing. A decrease on regulation can mean more exploitation and corruption. I think he will actually follow through with many of his plans because he has done some so far, so he will probably keep up with his promises.
ReplyDeleteObviously he has had some sort of impact on the economy with all of his regulations that are set to be in place and we will just have to see where he goes from there. I don't have a say on whether it is good or not. It may be good for some people and for some it is not.
ReplyDeleteI believe he should stay within his realm of experience, meaning regarding business ventures, during his presidency, as it will cause the least amount of frustration among democrats and liberals. I may not like him, but if he makes policies explicitly on expected profit and not racist agenda, I can agree with him.
ReplyDeleteHe will have some impact some how no matter what. Yes, because the economy is best when it is left alone. Yes,positive more than negative.
ReplyDeleteI think he should stay with what he knows best, which is business. If he does anything else, I feel like it will cause some tension between political parties.
ReplyDeleteTrump will definitely be able to help the economy because he has experience in business and will be able to view issues in the businessman's perspective.
ReplyDeleteI think the regulations helps short term but having companies work out of self interest will hurt the country's future.
ReplyDeleteEven though many people disagree with Trumps views, I believe that Trump does have a positive effect on the economy. Ever since trump has been awarded presidency the economy has been thriving. I believe that through out Trumps presidency he will make the economy better but I don;t believe he will fulfill all of his agenda. I believe he will create more jobs for people which will be the main boost to the economy. Trump has a lot on his agenda and if he creates more jobs for people that will not only be a good thing for the people in the United States but also for the economy.
ReplyDeleteConsidering Trump does have experience with business, I do believe whether it be positive or negative change, there will be some change in the economy. Hopefully he applies his knowledge of business to make a positive impact.
ReplyDeleteI feel like removing regulations on companies will not be beneficial for the country in the long run, those regulations are in place for a reason.
ReplyDeleteDespite some of Trump's actions on other issues such as immigration, I believe he has improved the economic state of the country. Ever since he has been in office, the economy has been thriving. I hope and believe that this will continue throughout his presidency.
ReplyDeleteI fear mostly for employees who relieve on these regulations for safety purposes and to make sure that their employers do not take advantage or exploit them. However, economically yes, Trump is helping our economy thrive.
ReplyDeleteI think Trumps presence definitely helped the stockmarket. Deregulating the market is dangerous and counterproductive as it will result in corruption of some sort.
ReplyDeleteTrump as president will have a huge positive effect on the American economy because the stock market is getting better which means business are expanding. Less regulations on financial corporations is a good so the businesses could do as they please to become successful.
ReplyDeleteI am happy that Trump is making our economy better, at least at the moment. With the progress he has made so far, economically wise, he will have a very beneficial impact on our economy.
ReplyDeleteTrump, as a businessman, has experience with numbers and the science around them so I feel that he could actually know what he's doing when it comes to the economy. I guess we'll just have to see about the financial cooperation it may be a good thing for some companies but dangerous for other companies. I think that he will make a change seeing that he wants America self sufficient and not depending on other countries so much.
ReplyDeleteI do believe that Trump knows what it takes when it comes to the economy. Yes he has had much economic failure. However, when you're managing as much money as he has, no matter how educated, anything can fall through. We truly just need to wait and see where he brings us in the future. I do think that the economy will strengthen with him as president.
ReplyDeleteThis has a positive effect on our economy, although most people won't accept it. Less regulations is a good thing because it gives more freedom towards the people. There are many cons of Trump being president, but he will help the economy.
ReplyDeleteYeah I think trump knows a lot when It comes to money and he will create more jobs. Less regulations is a positive thing because people will have more freedom.
ReplyDeleteI think he is a good president when it comes to business. I feel like he will make a dramatic change in the economy.
ReplyDeleteI believe that politically, many disagree with President Trump's beliefs and that will cause some issues, but he can help our economy with his experience as a businessman.
ReplyDeleteTrump is very good for the business since he has experience with it and this will really benefit our economy. Our society has not just accepted him as president which is stupid and people need to learn to accept him as president.
ReplyDeleteI think trump has reasonable ways to make our economy a better one and that it will benefit us in the long run. No because, the corporations are gonna be more free to do what they want, and they will be allowed to do anything they want to their workers. I think he can make a good impact on the economy.
ReplyDeleteI disagree with Trump's political views, but I believe that his economic beliefs will positively affect the country. I also think that less regulations on financial corporations will be a good thing.
ReplyDeleteNumbers are numbers and facts are facts; his progression of the stock market and value of some of our biggest trading platforms and companies are inarguable and thus show significant progress in the economy as a whole. There is no denying his skill with manipulating markets and getting the most out of a company if it so able to be done.
ReplyDeleteif the stocks are going up and companies are making more profits that will lead to more jobs opportunities and thats what a healthy economy looks like so i agree with Trump's economy views.
ReplyDeleteThe fact that the stock market has gone up shows that his economic plans have worked so far. I think less regulations could be beneficial but we must make sure they don't abuse their freedoms and take advantage of their benefits.
ReplyDeleteThough I dont agree with Trump on a lot of situations that he comes in contact with, I think when it comes to stock and money in general, he knows what hes doing.
ReplyDeleteI think although trump has a lot of cons he's done a good job on handling our economy.
ReplyDeleteI feel that to a certain extent, that less regulations on financial companies is a good thing, but can easily be taken out of control and turned into something Trump may regret.
ReplyDeleteTrump being a business man has definitely helped out our economy in a lot of different ways. I think he should stay with what he knows best, which is business. If he does anything else, I feel like it will cause some tension between political parties.
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