Wednesday, February 1, 2017
Trump's isolationism is bad for business
http://money.cnn.com/2017/01/30/news/economy/donald-trump-economic-risk-isolationism/index.html
When Donald Trump first won presidency the stock market went up and there was a lot of economic optimism. After this first week in which Trump has signed an executive order banning people from 7 countries from coming in to the United States, many are afraid that he is slowly cutting off the United States from the rest of the world.
Isolationism in the United States would be bad for most businesses and CEO's of many companies like Netflix, Google, and Ford denounced the executive order. Wall Street also showed its disapproval, as on Monday, the stock market was the worst it had been since the election.
1. What do you think should be the next move, either from Trump or from the people?
2. Do you think that the ban was a good idea on Trump's part?
3. How do you think this will continue to impact the American economy?
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I think that throughout this presidency that isolationism and anything walling America off from the rest of the world will be harmful to both the American and possibly even the world economy.
ReplyDeleteI agree that the isolationism set by Trump will result in a downfall in the US economy. As stated by the article, cutting off some foreign relations will punish several large cooperation that contribute a lot to our economy.
ReplyDeleteI think if Trump keeps isolating the United States there will be a lot more of an economic shift. However, it is not unusual for the economy to drop after new legislation is signed, so I don't think we should be really alarmed right now. I don't think this ban was a good idea on Trump's part because a lot of the oil we get is from the middle east, and the bans were primarily on middle eastern countries so that will probably affect America.
ReplyDeleteIt's been less than 2 weeks since Trump has been president, yet the people keep protesting and going against what he has done and said. I fear that if the people make the next move, they'll just be more and more protests. But if Trump does, I'm worried that he'll just make things worse. I definitely don't think his executive order was good idea, especially because the stock market is at its lowest.
ReplyDeleteI think Trump is going to start making bad decisions which will lead people to become anger. I don't think it was a good I idea because I don't see any good reason for the banding. I think our economy will get worse with Trump as our president.
ReplyDeleteI think Trump's next move is to lift the ban. The ban was a bad idea and reflects badly on our country. Countries and companies will continue to disapprove of the potus and his policies and this will result in issues.
ReplyDeleteI feel that a strong nation should rely, not solely, but slightly on other nations, and isolationism will have poor results for the US.
ReplyDeleteI feel Trump should not enforce a policy of isolationism and revoke the ban that keeps out the 7 countries. I feel if he continues on his path to cut off certain people from the US, the economy will not be able to prosper and multinational companies will not be able to function.
ReplyDeleteI agree with Emily on that if Trump keeps the US isolated, then it will cause for an economic shift. I believe that the ban is not to great due to the amount of oil that the US is able to get from the middle east.
ReplyDeleteI believe that isolationism is not the answer and it will cause problems for our country in the near future.
ReplyDeleteIsolationism will decline the economy rather than boost it. A possible consequence could be more enemies for the U.S. because other countries would be upset. They would be losing businesses they had with this country that would bring them benefits.
ReplyDeletei dont think this ban was good at all..its going to bring more problems and more hate towards the US. He's is making it worst by doing all this stuff.
ReplyDeleteI think that the bad is just him carrying through with his campaign promises of the "temporary ban on Muslims" as he called it. Well for Trump he doesn't really have to do anything because he is the President of the country, but the people will just continue to protest and riot etc. I think that it might cause a temporary stagger to the economy but it shouldn't last more than 68 hours.
ReplyDeleteI believe that this ban was a major step backwards and will not do our country any good. Trump keeping our country isolated will do more harm than good.
ReplyDeleteI think the executive order banning countries from the U.S. is not the right decision. It causes more hate for Donald Trump. Isolating U.S. from the rest of the world is only hurting us.
ReplyDeleteI think that the ban on the 7 countries was not a good idea. If the ban continues I think it will greatly hurt Americas economy because companies will be losing business.
ReplyDeleteI do not think the ban was a good idea for this country. There will continue to be more and more protests that will never end. Whatever he continues to do will create more conflict with this country. It could also worsen the economy.
ReplyDeleteSeeing that the American economy is so beneficial and extensive, it would be a mistake to cut off everyone else. The american economy thrives off of talents from around the world and needs cheap labor from developing countries. The opportunity costs would be too much and isolation would only make countries such as China stronger.
ReplyDeleteI believe an isolationist belief would be detrimental to the United States economy. The American economy benefits from imports and exports, and cutting off ties to foreign countries would result in harmful economic effects to the major businesses that rely on these foreign interactions, thus damaging the US economy. The executive order is not a good decision, and Trump cut off ties with the Middle East where the US relies on oil imports.
ReplyDeleteI think that cutting America off from other countries is a terrible social and economic choice. The "banned" countries are already voicing complaints and suggesting maybe banning Americans from their land. I'm afraid for the economy and the country.
ReplyDeleteI believe that what Trump is doing is super bad because as he continues to ban countries it starts to affect the economy. Meanwhile Trump is president he will make the economy decrease a lot. I do not think that Trump will make a difference I believe it is on the people to try and do anything that is on their hands.
ReplyDeleteOpposed to the other bloggers, I believe that Trump´s executive order is good for the overall cause he is pursing. With illegals and as well as refugees we do not need crime increasing in America with the threat that they bring. We are expected to welcome everyone but how can we know if that one person is not secretly a menace to society. Illegals take up jobs that increase the unemployment rates for Americans who deserve the right to work. Hurting business is better than hurting Americans with the certain threat. Those who voted for him reap what they have sown
ReplyDeleteIt goes without saying that cutting off ties with other countries would have a negative effect on international business ties. Foreign relations is an extremely important part of a successful international policy regarding economics, immigration policies aside
ReplyDeleteI don't think isolationism is the answer to solving anything, however if Trump continues to do so, then the people will just protest more. This will also hurt the country economically because businesses will not be able to advance.
ReplyDeleteI do think the people should countinue to protest because WE DO NOT BELIEVE in excluding anyone because of their race or religion. I also think this will create more tension within our divided nation. He should be looking for ways to unite this divided nation instead of dividing it even more.
ReplyDeleteI do not believe people should keep protesting like what Elizabeth said because as you may have noticed, "protesters" are causing more harm than good. Like at the Milo Protest at UC Berkeley, several people got pepper sprayed for supporting Trump and Milo. Basically, some liberals are making the free speech thing only be okay if you are against Trump.
ReplyDeleteI feel like the ban did not do anything good for the country and I feel like this will impact the US in a negative way since the economy would be hurt as well as businesses
ReplyDeleteI believe lifting the ban is necessary, as it shouldn't even be in action. I am not surprised that it is hurting business.
ReplyDeleteOtherwise I believe that this will severely damage the economy if it continues to be in place, and wouldn't be surprised if Trumps one advantage as a president goes to waste. This spells bad for the future.
ReplyDeleteI believe that Trump should lift the ban. If his main focus is security, then he should find another way to help secure the nation, however, turning our backs on others is not the way.
ReplyDeleteI think that the executive order has only created more problems and turmoil throughout the country. Like others have said, I think that the ban should be lifted. This is only isolating the U.S. and it could lead to economic issues and tensions. I think it is the best decision to raise the ban.
ReplyDeletei believe each decision he will make will be difficult, but it will be one that will benefit our nation the most. If he continues to make these types of decisions they will make our nation stronger and not harm it.
ReplyDeleteIsolationism is a good thing for America. Although we are expected from some Americans to welcome everyone we must understand a great concept many do not. If we were in Isis with no protection from our military, we would be killed with no hesitation and be made an example of. If these countries would not welcome us into their land, then why do they expect us to?
ReplyDeleteTrump should focus on the safety in inter cities rather than small regions. He wants to prevent terrorism.
ReplyDeleteHis whole presidency is revolving around isolation and separation.
ReplyDeleteThe american economy with trump as president is going to be a wave, it's going to fall and sometimes rise. His ban is not a really good idea because other people is what helps the economy rise as well
ReplyDeleteI think that the people should do everything they can to stop Trump from doing things to make this country look bad. Also, the ban was not good on Trumps par because he's basically telling people that racism is okay and that it won't effect anyone. Which is wrong.
ReplyDelete