Not only does he have a strategy, but it's working!. Did you see China made concessions on car imports today?

Looks like market is embracing this idea today!

Do you think the decline in bitcoin will boost gold going forward?

www.talkmarkets.com/.../why-china-us-trade-deal-is-likely-to-be-reached-soon

I think Trump and China will make a trade deal by June.

When wealthy people pay a large percentage of the federal income tax it's hard to do a large tax cut and make it "balanced." However, the vast majority of all taxpayers did get tax cuts. Also, a large percentage of the tax cuts was devoted to lowering the corporate tax which should spur job creation. and help the working and middle classes that way.

Also, by many measures the working class and middle class are doing much better under this administration than the previous one.

It is a problem. None of the politicians wants to upset any of the special interest groups. There are actually some solutions that wouldnt badly hurt anyone, including:

1. Make hospital CEOs personally liable for fraud the way CEOs of publicly traded companies are. Go after doctors more aggressively for MEdicare/Medicaid fraud. About five years ago IBM estimated we could save $1 trillion over ten years by going after fraud.

2. Eliminate farm aid. Why should they get special help? Why should taxpayers pay for their insurance? We have plenty of food. Thats $10 billion per year btw.

3. Make wealthy people either pay social security taxes on more of their income or sign away their social security.

4. Make wealthy people pay higher copays for Medicare.

5. Get wealthy countries like South Korea and Taiwan and western European countries to pay us for defending them.

6. Have Medicare negotiate drug prices. Have Medicare lower payments to other vendors such as hospitals and home healthcare companies. Have the PEntagon negotiate lower payments to weapons makers.

7. Cut college to three years as in Europe.

8. Sell unused govt property. Eliminate duplicate govt programs.

I think Trump will work on some of these things if he gets a second term.

I think this is a great buying opportunity...Europe is still rebounding sharply from a macroeconomic perspective and political risks are diminishing.

Sounds great! I'd love to hear more.

I think GE will surge over the longer term as U.S. drilling expands and electric cars create more demand for electricity around the world.