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The chairman of Foxconn says China's days as the world's factory are "over." What are your thoughts?

I am a FINANCE professional and I have been trained to look at THE BIG PICTURE before making statements or making decisions.The opinion of the chairman of one company may not be very vital when we are talking about the future of an entire country and the world.What we need to see is the background and the basis of which the statement has been made and also the larger theme of things.The $123-billion Chinese telecom behemoth, Huawei is fast running out of semiconductors, the brain in all electronic equipment it manufactures. Come September, its 5G offerings will grind to an enforced stop. The US had banned chip makers in Europe, Asia, and in its own country from supplying to Huawei. Ref - https://www.washingtonpost.com/business/2019/10/07/next-few-months-may-show-if-huawei-can-survive-thrive-despite-us-ban-sales/It is a crippling blow to China’s ambition to dominate global technology through BAT (Baidu-Alibaba-Tencent).The $72-billion eCommerce and technology giant, Jack Ma’s Ant Group, China’s digital payment network, has shelved plans to launch an IPO in Nasdaq; which was supposed to be even larger than the Aramco IPO of $29.4 billion. It is ironical that the China miracle story grabbed headlines in 2014 with a $25-billion IPO from Ma owned Alibaba in the US. Ant is a spin off from Alibaba. Alibaba has admitted in its latest annual report that the company faces the risk of raising further capital in the US. - Why the world's most valuable unicorn is shunning a U.S. IPOThere is US class action suit against the $15-billion artificial intelligence company Baidu, with investors alleging misleading information issued by the company which will materially impact its future financial fortunes. - BIDU Stock News: Berger Montague Continues Its Investigation Into Securities Fraud Class Action Claims Against Baidu, Inc. (NASDAQ: BIDU); Lead Plaintiff Deadline is June 22, 2020The banning of WeChat in the US, an app owned by the $14-billion Tencent is designed to hurt China. WeChat had 19 million active US users primarily among the Chinese community who used it to connect with their families and Chinese Communist Party. - What a WeChat ban would mean for AmericansIn a major escalation of anti- Beijing moves, Trump has issued blanket bans on US transactions with China's ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app, starting in 45 days. More than 800 Chinese companies are facing delisting from US stock exchanges. A few years ago, some 200 companies from China were delisted. China had no option but to establish a new exchange in Hong Kong for Chinese companies to raise capital from Asian economies. The US financial sources, which has so far fueled its economy and even its defense funding has almost dried up. But why has the Chinese Honeymoon story started to go so sour, so fast? Is it purely on account of COVID 19?In the last couple of months, the US has escalated its earlier political stance from ‘competition with China’ to an ‘overt non-conventional conflict’ and has orchestrated its fusillade across four fronts – Economy, Technology, Health and Military with an eye towards maintaining its global geopolitical supremacy. Now there are interesting battles on, on each of these fronts. What brought the US to this state?THE WORLD’S BIGGEST WEALTH TRANSFER - FROM US TO CHINAChina has over the last two decades, penetrated every US institution: Through financial alliances with powerful political families, be it from the Bidens to the Trumps; to influencing Ivy League institutes with hefty donations; buying into US firms to gain access to mission-critical commercial and defense technologies and engineering the world’s biggest wealth transfer from the US to China by tapping into the capital markets.All of which it was going about doing with impunity, as the world bought into its bedazzling tale of economic benefit even as it turned a Nelson’s eye towards the opaqueness of its operations. It was US funds that were being used to create the futuristic weapons to threaten the US. It was US funds, generated from trade deficits to buy US Treasury Bonds.It was the scrutiny, which Covid19 has brought about on the true global cost of China’s opaque operations, in just one field, which has slammed the brake on ‘THE CHINA HUSTLE”With public anger against China, for spreading the Wuhan Coronavirus, reaching boiling point, politicians were forced to reevaluate their China plans. China chose to react to this with growing belligerence, in the hope that the world would be intimidated into bringing to an end, its scrutiny. That move has backfired at a global level and has only made the world stand up and take more notice.A CAN OF WORMSThe failure of glamorised Chinese companies which have raised funds in the US, putting to risk pension funds and ordinary investors have opened up a can of worms which the administration could no longer afford to ignore, specially with the elections just a few months away. A string of corporate scams and fraudulent corporate acts by Chinese companies have now started to rip off the covers to reveal the dark underbelly of incredible success stories peddled by these companies.About 83 tonnes (22% of China’s annual Gold Production) of what was supposedly pure gold in the Chinese government’s coffers were found to be fake; they were copper coated - China's biggest gold fraud, 4% of its reserves may be fake: ReportIt was perhaps symbolic in the way the luster is wearing off the Chinese miracle, that has been stunning the world since 2008. Billions of dollars in American investments from ordinary citizens, pension funds, mutual funds, and a variety of sources have been pouring money into China; most of which are now disappearing into a black hole. In 2019 it was estimated that the cost to retirees' pensions alone is around $14 billion that is staked on Chinese companies. China-based companies had run up a value of $1.7 trillion on the US markets; value that’s mostly built on quicksand.US investors have been pumping in money to the China dream that they have been sold by greedy brokers, riding on expensive public relations/marketing campaigns, selling a bloated success story. Where is this money going to and where is it reappearing? China is a giant, perhaps the world’s largest Ponzi operator that is fast coming apart. The fund flow that is so vital in keeping the scheme going is being throttled; the music is about to stop. That’s the story.LUCKIN COFFEE STIRS A TOXIC BREWIn April 2020, financial fraud allegations rocked three US-listed Chinese companies. Nasdaq-listed Luckin Coffee was found to have exaggerated sales by $310 million - Luckin Coffee’s alleged fraud has some silver linings (and even more bad news too) – TechCrunch.. Days later, NYSE-listed TAL Education Group admitted fraudulent sales - Connecting Asia's startup ecosystem. According to a US government document, more than 150 China-based companies with a combined market value of $1.2 trillion were listed on US stock exchanges at the end of 2019. But very soon the Nasdaq opening bell rung by Chinese listings, turned into alarm bells, as concerns over opaque accounting practices and even stranger auditing, which concealed more than it revealed, started to make headlines.A few weeks ago, the US Secretary of State, Mike Pompeo warned American investors against fraudulent accounting practices at China-based companies - Pompeo warns U.S. investors against fraud at China companies. The White House is also pushing the Thrift Savings Plan, which covers the retirement savings of around 5 million American civil servants, to avoid investing in Chinese companies. Last month the chairman of the SEC warned that disclosures in emerging markets, including China, are more likely to be “incomplete or misleading.”As usual, the US administration has woken up pretty late, to how the Chinese were gaming the system using a variety of weapons ranging from financial shenanigans, stealing intellectual property, outright cheating and dodging government restrictions on supplies of sensitive technologies to defence establishments and critical technology companies, by using US front companies, a strategy known as white labelling. It meant removing the Made-in-China sticker on a server sold to a US company or establishment in a sensitive area of operation, and instead using a US-Make sticker of the front company. Chinese company acted as a subcontractor to the dummy US supplier, while it was the real seller behind it.CHOKING OFF TECHNOLOGY & FINANCE – THE US STRATEGYDonald Trump issued a memorandum on July 23, 2020, calling for recommendations to be issued within 60 days to protect US investors from what he said was China's failure to allow audits of US-listed Chinese companies. The White House is also pushing the Thrift Savings Plan, which covers the retirement savings of around 5 million American civil servants, to avoid investing in Chinese companies.If the US is successful in choking off technology and funds, then the Chinese economic miracle will lose a lot of its sheen. While creating this economic front, the US is also building up alliances with countries which are angry with China. The Quad is becoming a potent force in South China Sea, where Chinese navy doesn’t stand comparison with the US’ Seventh Fleet armada of aircraft carriers and retinue of warships. Australia and UK are joining the US navy. India and Japan are waiting in the wings to join in should it be required.THE CHINA HUSTLEThis is available on AMAZON PRIME US (not in India though) - The China Hustle - WikipediaHowever, one can’t help but wonder why the US smelled the coffee so late in the day. Back in 2018, “The China Hustle,” a documentary depicted a special type of stock market fraud. Obscure Chinese high-tech manufacturers, agricultural producers, and mining companies would list on overseas stock exchanges. Maybe this had to do with China’s well-planned penetration into powerful US political families (this is another story) with financial alliances and freebies.Investor conferences, investment funds, and stockbrokers played up each company’s connection to China’s growth miracle, stimulating investor demand and precipitating share price spikes. Trouble is, many companies were cooking the books, with eye-watering revenue growth stemming from a web of fraud. As the real value of these huckster companies came to light, stock prices tumbled, and naïve investors were left holding the bag. Over 200 Chinese companies were found to have engaged in some kind of China hustle, resulting in $50 billion in securities fraud.The film exposed the practice of reverse mergers — a sleazy Chinese company buys the legal shell of a dead or moribund US firm (often a bankrupt mining company) and begins to list on a US stock exchange. This means the company does not need to submit the rigorous financials that accompany an IPO. Also, the merged entity can use Chinese accounting standards (invoking the brand names of respected US firms), which is to say, it can lie — inflating revenue and earnings and profiting from the inflated stock price, and relying on US banks to hype the stocks.Absence of transparency might be a reason behind the lackluster performance from Chinese companies in the US market. More than 270 of them went public on American exchanges between 1991 and 2018, according to University of Florida professor Jay Ritter, an IPO expert. Those offerings jumped an average of 19% on the first day of trading (a pop similar to US companies), but their returns, on average, later sagged: Chinese IPOs underperformed against the broader market by about 7% in the three years after they were listed.MUDDY WATERS – THE FIRST EXPOSECarson Block, the founder of Muddy Waters Research, who catapulted to fame almost a decade ago for exposing alleged frauds in publicly traded Chinese companies, like the well-known case of Sino-Forest Corp (Chronicle of a collapse: How Sino-Forest fell from stock market darling to ruin), had been raising the red flag on China for the last 10 years. Muddy Waters claims to do the Work Wall Street won’t. It peels back the layers, often built up by seemingly respected but sycophantic law firms, auditors, and venal managements. Ironically it was named after a Chinese proverb which means that it is easier to fish in muddy waters.Carson proved right when in March 2018 an Ontario Superior Court (OSC) judge found Sino-Forest Corp.’s co-founder and former CEO Allen Chan guilty of fraud, breach of fiduciary duty and negligence, and ordered him to pay more than $2.6 billion. OSC reached a $8-million settlement with accounting firm Ernst & Young, who it had accused of preparing a negligent audit of Sino-Forest and shoe manufacturer Zungui Haixi Corp., which both faced criticism for their financial practices.Muddy Waters has been short selling China since the last 10 years and is even wary of Alibaba. Right now he is shorting a Chinese education company, alleging that it’s inflating revenue numbers. “Calling GSX a company is arguably a bit generous,” the Muddy Waters founder said on Yahoo Finance’s The Final Round. “They claim to provide online education, mainly K-12, but the reality is that the vast majority of its users … north of 80% are not real.”PREYING ON US GREED POST-2008It is impossible to absolve different US administrations since 2008 till today, on how they turned a blind eye to China misleading US investors, into this monumental investment scam, engineered by a Communist regime to fund its ambition to dominate the world. After 2008, as famished US investors were looking for investment opportunities, unscrupulous Chinese companies with the help of US lobbyists, and fund managers, built up miraculous growth stories to lure them in.Alibaba Group Holding Ltd. President Michael Evans is among 17 current and former Goldman Sachs directors facing criminal charges over their alleged role in $6.5 billion of bond sales by insolvent Malaysian strategic development company 1Malaysia Development Berhad (1MDB.) - Alibaba President Among Those Malaysia Charged in 1MDB DealThe incredible China phenomenon peaked by 2014, Chinese company IPOs in the US hit an all-time high, raising $29 billion, largely helped by Alibaba’s blockbuster $25 billion IPO in September 2014 on the NYSE. The second highest peak was in 2018, when $9 billion was raised by Chinese firms on US markets. With some of the biggest names in China tech yet to complete IPOs including ByteDance and Didi Chuxing.SHORT SELLING CHINAWhile the US administration could be accused of ignoring the warning signs, at least till just before the pandemic hit the world, the US investors were equally avaricious despite a series of scams involving Chinese companies. In 2011 and 2012, hundreds of Chinese firms were delisted or suspended from US exchanges for accounting fraud or other corporate malfeasance, destroying nearly $50 billion in market value.Even as recently as in December 2019, Baidu’s iQiyi was the target of a short report from Wolfpack Research which accused the firm of fabricating DAUs (daily-active-users) as well as revenue. - 'China's Netflix' is being investigated by the SEC for alleged fraudWolfpack states: “Our research shows us that iQIYI, Inc. (“IQ”) was committing fraud well before its IPO in 2018 and has continued to do so ever since. Like so many other China-based companies who IPO with inflated numbers, IQ is unable to legitimately grow their business enough to true up their financial statements. We estimate IQ inflated its 2019 revenue by approximately RMB 8-13 billion, or 27%-44%. IQ does this by overstating its user numbers by approximately 42%-60%. Then, IQ inflates its expenses, the prices it pays for content, other assets, and acquisitions in order to burn off fake cash to hide the fraud from its auditor and investors.”A Wikipedia description says that “iQIYI is currently one of the largest online video sites in the world, with nearly 6 billion hours spent on its service each month and over 500 million monthly active users - iQIYI - Wikipedia. On March 29, 2018, the company issued its IPO (initial public offering) in the U.S. and raised $2.25 billion. iQiyi is used by the Chinese Taiwan Affairs Office to further United Front (China) efforts. In response, Taiwan lawmakers are considering a law that would ban the company from operating on the island.” - Taiwan Seeking to Ban Mainland Chinese Streaming ServicesCORPORATE FACADES OF THE COMMUNIST PARTY OF CHINA (CCP)This leads to another twist in the story. Nearly all the Chinese mega corporations are connected through a convoluted string of cross holdings to the Communist Party. Most of their CEOs are party members, including Jack Ma. The CCPs objective is to create a friendly corporate image with a capitalist façade that the western world is so comfortable with. Once they have penetrated the capitalist system using the greed of the investors, their task is to siphon off funds, extract IP, and technology secrets to be sent back to China. At the same time use western funds to finance mega infrastructure projects like Belt & Road which has no commercial viability, but tremendous strategic military value.The US Republican Senator Marco Rubio in a passionate speech in the Senate has warned how Chinese companies are using US front organizations to penetrate into defense supplies. He painted an apocalyptic scenario saying; in a few years Chinese technology will be so deeply embedded into every US system that it might not be possible for a US President to speak to his own team, without the Chinese listening in.Senator Rubio went on to the raise the alarm cautioning; “they're stealing $600 billion a year of intellectual property. $600 billion a year is equivalent to what we spend on the US military. They are stealing the equivalent of that every single year. They hack computers, they hack emails, they have spies embedded inside companies who straight out steal it through espionage.” - Senator Rubio Prepares To Blast China In Speech TodayRight now, however, it seems that the US is getting its act together to stop the Chinese Ponzi in its tracks. It is switching off the music of American dollars and semiconductors. One hopes that a promise of China buying US agricultural produce just before the elections will not let the US drop its guard. China has a 50-year plan to dominate the world and, for them taking two steps backward will eventually be followed by four steps forward.India, Japan, Australia have woken up to the Chinese threat, it is time the rest of the world did too.India has banned TIKTOK, WeChat & Helo & 56 other Chinese apps - India bans 59 Chinese apps including TikTok, WeChat, Helo and brought in legislation to to curb chinese corporate takeovers - Subscribe to read | Financial TimesAustralia has tightened rules on foreign investment - Subscribe to read | Financial TimesJapan is also mulling on banning TIKTOK - After India and US, Japan looks to ban TikTok and other Chinese apps – TechCrunchUS is also trying to urge its allies to ban chinese tech and apps like TIKTOK - Is US pressuring allies like Japan to ban Chinese apps like TikTok?Even RUSSIA has suspended the deliveries of the S400 surface to air deliver missiles to China - In another setback to China, Russia suspends deliveries of S-400 surface-to-air missilesPersonally, I think China’s days are numbered. It was on the way to become a superpower. But the COVID PANDEMIC has shown its true colors to the world. Its simply a bully without any kind of moral values at its core. Who’s trying to arm twist its way out of a world crisis rather than taking responsibility of the situation that it has put the world into and taking leadership in mitigating the sufferrings.No one wants a mad bully for a superpower. China has pissed off most of its ASIAN neighbors, JAPAN, EUROPE and its long time master and supporter USA. It has to pay for this.China’s economy is going to fail miserably and its going to fire up the internal feud that has been simmering for long but was in control because of the surging economy. Contrary to its dream of becoming a superpower in 2035, there might not be a CHINA (as we now of today) in 2035.PS: This is an excerpt from a message I recently received from someone who has been at the CXO level in the Indian industry since many years. So, I know this is what is being discussed in the higher echelons of the industry. I tried to find the author of this message, but I was unable to, but it was too good for me to keep it to myself so I am risking plagiarism to share it, but I feel I have done my bit to verify the statements that have been made by researching on the stories and providing links to the appropriate stories.

What reasons would you give if asked why you should vote for Trump in 2020, in light of the recent SOTU and failed impeachment?

Robert,I suspect my main reason is after Russia Gate, Ukraine Gate and $50m+ wasted in engaging 15 biased FBI, numerous top anti-Trump lawyers, investigations, spying, lying and unpatriotic acts to bring down a duly elected President, and trying to impeach without evidence since 2016, that even the dumbest of mentally ill, personal animus filled, TDS Democrats would now be thinking, there is no there there.Following that, making an economic miracle of debt left by Obama, Bush & Clinton, which was:Bush Clinton $7Trillion, not paid down under punitive interest is now US $9TObama US$8.5 Trillion, not paid down under punitive interest is now US$10.5T##biggest debt ever.That meant no investment in infrastructure, pensions in the toilet, no investment in the military, average hourly wage rate in decline, house building permits lowest ever, banks unable to lend, more blacks & minorities unemployed, that Trump, also obstructed at every turn by Democrats took US$2T debt and made tax benefits to all, including to Industry to rebuild via Capital Additions, has not fallen below 3% growth vs an weak, rounded up Obama 1% average, growth.Just think what would be achieved had Democrats worked on something, anything, in a bi-partisan way, for all?Apart from that?.My favorite is making the biggest self-sacrifice, selfless beyond any I have seen from a US President since WW2, that despite clearly Democrat TDS, their mental illness and ever-increasing amoral standards, that Trump showed courage & moral rectitude, knowing exactly the reaction from those ‘nut jobs & psycho’s’, and their Fake MSM, many who wanted Nuclear WW3, killing billions, just to spite Trump, he was courageous and saved the lives of all those mothers sons & daughters that the Democrat lunatics would fill up as a blockade, a wall of ‘billions’ of dead, of everyone but their own children - Trump extended the hand of discourse to ‘jaw-jaw’, to avoid war wars, Armageddon.‘Otherwise take your pick:-Fighting Sanctuary cities. Not being amoral by making one's own voters pay tax to protect criminals & illegal migrant criminals in Sanctuaries and provide welfare, to those same detritus that will, or have, sodomized, robbed, mugged, harmed, raped, sold drugs too, or killed, their own sons, mothers, wives & daughters; come to think of it ‘what a perfect definition for ‘delusional’.TDSWhooped crooked Hillary.Neil GorsuchConsumer confidence 17 year high>2m jobsLowest jobless claims in 50 years.Mortgage apps 7 years highUnemployment 17 year lowTrump added 298k jobs in his first month (after President Obama said jobs were not coming back!).Women in Entrepreneurship ActGutted Obama Era job herniating RegsEnded the war on coalResurrected coal jobs.Weakened Dodd-Frank regsPromoted buying & hiring AmericanPut in place Economic plan that in the long term seeks to reduce the $22T National Debt, of which 46% including interest payments was created by Obama.Record Dow, the DOW took just 66 days to climb from 19,000 to above 21,000, the fastest 2000 point run EVER.Stock market gained >$3T, improving instantly pensions.Investment from the US Business’Investment from foreign business’.Reduced Debt by $100B in less than the first 4 months.(President Obama increased the US debt in his first 100 days by more than $560 Billion.)The S&P500 broker $20T for the first time in its history.In the history of the DOW, going back to January 1901, the DOW record for most continuous closing high trading days was set in January of 1987 when Ronald Reagan was President. The DOW set closing highs an amazing 12 times in a row that month. On February 28th Trump matches Reagan when the DOW reached a new high for its 12th day in a row!Reduced illegal immigration.Signed a resolution encouraging women in entrepreneurship and STEMBorder wall being built, slowly despite Democrat obstruction.Against killing unwanted born babies.Victims of Immigrant Crime Engagement [Pelosi would not even see the Angels]Changed R.E. against ISISRepealed Obama’s ‘terms of engagement’ that put the US lives at greater risk than terrorists.Plan to defeat ISIS.Reduced F35 cost5 Year lobbying ban.Sanctioned Iran.Repealed Iran deal, evidence now proves Nuclear capability of Iran.Responded to Syria with the bombingTax reform plan.Resurrected Pig Iron Smelting & jobs.Withdrew from TPPExited the [Voluntary & unenforced] Paris Accord.Created Crime task force.DOJ targetting MS13Energy Independence.Economic growth.E.O. establishing The American Technology Council.E.O to protect policeE.O. targetting drug cartels. President Trump signed three Executive Orders – 13773, 13774, and 13776 – aimed at cracking down on international criminal organizations, including drug cartels and gangs, and preventing violence against law enforcement officers.E.O. Religious Freedom.E.O. on Obamacare subsidies.E.O. to reduce Federal government waste/excess created by Obama, saving taxpayers potentially hundreds of millions.E.O all federal agencies to create task forces to cut regulations that hurt the economy.Inter State insurance competion on Medic Care.Action against Big Pharma drug prices - cheaper in Mexico etc.Sending Education back to the States.Fixing the V.A.Firing crooked Comey.Travel ban.Keystone pipelineCreated Commission on Opioid Addiction.Combating Human Trafficking.Rollback of Obama Cuba policy.Food stamp use lowest in 7 years.Reduced Whitehouse payroll burden on taxpayers by removing 16,000 unnecessary Obama created jobs.Working for free.A successful trip to Asia.China trade dealCanada & Mexico level-playingfield trade deal.E.U. leveler playing field deal.Designated N. Korea a terrorist stateISIS almost defeated, but not gone.Jerusalem capital of Israel.Tax Reform billBusiness investments up 39% due to tax cuts.Signed 130 bills into law.136 Presidential Proclamations64 E.O’sArmed Ukraine with heavy weapons.Confirmed no more waste of US military lives in lost causes &/or no interest conflicts.Food to Puerto Rico.Various national natural disasters handled.NATO paying its fair share.Encouraged RINO’s to leave.Reinforced Judeo-Christian beliefs.Funded the Military.Placing a hiring freeze on federal employees.Twice tried to pay government employees during the shutdown, but was blocked by Democrats.Sanctioned Russia more time than Obama.Signed the First Step Act criminal justice reform into law, helping especially Blacks, a FIRST.Subsequently pardoned unjustly treated black convicts. Unlike Cuomo & Obama, non were killers.More American employed than ever before & no ‘created fake jobs, unlike Obama.The release of Pastor Brunson from Turkey.Construction jobs up 300k in 2018.Kavanaugh was sworn in despite disgusting, disgraceful, amoral efforts by Democrats.Middle-class income rise is a record.Cut $300m to Pakistan.Cut $200m to Palestinians.Worlds largest oil producer.10million barrels a day.Given Russia, Iran & Turkey stopped re-building aid to Syria, saving taxpayers $230mManufacturing grew faster than in 14 years.Record low black unemploymentWar heroes remains returned from NOKO.Possible peace with NOKO.The release of 3 political US prisoners from NOKO.2026 World CupBlack Business Ownership Under Trump Jumps 400 PERCENT in ONE YEAR [Getty]Youth Unemployment hits 52 year low.Peace between North & South Korea’s.Work REquirement for Welfare.Nominates first woman to head CIA.Black support up to 29%Tax surplus in January.Pay rate highest since 2008.Hispanic unemployment hits low.Proposes reform of Civil Service ‘Hire the best, fire the worst’.Signs Bill to combat synthetic opioids - needs to with Democrats resisting closed border.2017 Record of lifetime appointed Judges.Rolled back $900m in Offshore Obama restrictions.US Imposes Sanctions on 52 People and Entities for Abuse and CorruptionHome build permits hit highest since 2007.Economy growth 5.7% in 1st Q of 2018, remained high since.Stock Market bubble outlasts subversive Federal Reserve rate hikes.$700 Billion Defense Bill.For Trekkies, Space Policy Directive.20% take rate for Corporations, to enable economic growth, create jobs and make efficiencies to infrastructure delivery of products.Capital Additions reduced to 1 year from >20 to enable tax deductibility on buying in & replacing inefficient production machinery.Trumps HHS defines life begins at inception / Moron Dems pass infanticide laws.$285m cut in the UN Budget, benefit for taxpayers.Reduction in refugee applications.WIC Welfare Participation Hit 17Year Low (dropped to 7,283,000 in 2017, its lowest level since 2000 when 7,192,000 participated in the program.)Broadcom to move back to US.A new strategy on Iran.Trump Signs Healthcare Order Expands Choice and Access through associationsWithdrew from Ani-Semitic UNESCO.Tech giants pledge millions to Trump initiative.Federal Reserve; Household Wealth in America at record high of 17 trillion Rising property values and Financial gain.Rolls back Environmental Laws herniating infrastructure re-building time etc.$15b Hurricane Harvey.US Small Business Admin. Centre assistance.Job satisfaction highest since 2005.Repeals Obama’s ridiculous ‘Waters of the US’ Rule.Cuts more Federal Debt for a longer period than any other President. When President Trump was inaugurated on January 20, 2017, the amount of US Federal Debt owed both externally and internally was over $19 Trillion at $19,947,304,555,212. As of August 17th, the amount of US Debt had decreased by more than $100 Billion to $19,845,188,460,167.Privatize Air Traffic Control for desperately needed investment.Vote Fraud investigation.Gas prices 12 year low.Ben Carson Finds 500 Billion In Errors during Audit of Obama HUD. (Obama era fraud?)$200m in Apprentice funding.Reversal of Clean Power Rule, to allow safe power.Bill to prioritize training for veterans & police seeking jobs.Anti-Terrorism pact with Qutar.Thousands of jobs created &/or protected in pact with Saudi Arabia on trade.Poland increased arms & US presence v Russia.DOJ sued California for interference with illegal immigration enforcement.DOJ more than 1000 arrests in sex trafficking.DOJ charging 4 for leaks.DOJ took down Alphabay, the largest Dark Web market.DOJ new civil forfeiture rules.DOJ charges 400 in largest Medical Healthcare Fraud.DOJ support of Texas voter ID law.DOJ charged sex traffickers who took hundreds from Thailand to US.DOJ harsher sentences for drug dealers etc.DOJ, Attorney General Sessions designated MS-13 as a priority for the Organized Crime Drug Enforcement Task Force, to allow Federal law enforcement to utilize an expanded toolkit in its efforts to dismantle the organization.The United States, El Salvador, Guatemala, and Honduras joined together to charge more than 4,000 MS-13 and 18th Street gang members in the United States and Central America, including the alleged leader of MS-13’s “East Coast Program.”August 2018 - More than 20 individuals associated with MS-13 were arrested in California on Federal and State charges in connection with their gang activitiesThe Department of Justice convicted eight members of an international criminal organization, known as the Rendon-Reyes Trafficking Organization, on Federal charges arising from their scheme to force young women and girls from Mexico and Latin America into prostitution.Signed Rep. Rutherford's STOP School Violence Act and Sens. Cornyn-Murphy "Fix NICS Act."$2 billion for school safety.The Ideological Balance Of The U.S. Sixth And Seventh Circuit Courts Of Appeals Shifted From Liberal To Conservative, Thanks To Judicial Nominees Selected By President Donald Trump.The Department of Justice announced more than $98 million in grant funding through the Office of Community Oriented Policing Services COPS Hiring Program to allow 802 additional full-time law enforcement officers.President Trump signed Executive Order 13809 to restore State and local law enforcement’s access to surplus equipment from the Defense Department, such as armored vehicles.In June 2017, Attorney General Jeff Sessions announced the creation of the new National Public Safety Partnership, a cooperative initiative with cities to reduce violent crimes.Attorney General Sessions expanded Project Safe Neighborhoods to encourage U.S. Attorney’s to work with communities to develop customized crime reduction strategiesAttorney General Sessions returned to longstanding Department of Justice charging policy for our Federal prosecutors, trusting them once again and directing them to return to charging the most serious, readily provable offense.Attorney General Sessions returned to longstanding Department of Justice charging policy for our Federal prosecutors, trusting them once again and directing them to return to charging the most serious, readily provable offense.( Criminals charged with unlawful possession of a firearm had increased 23 percent).Under President Trump, the Department of Justice has supported students whose free-speech rights have been under attack on university campuses. The Department of Justice’s Civil Rights Division is reviewing a complaint by a coalition of more than 60 Asian-American associations that alleges racial discrimination against Asian-Americans in Harvard University’s admissions policies and practices.The Department of Justice secured a guilty plea for the first case prosecuted under the Hate Crimes Prevention Act involving a victim targeted because of gender identity.According to NERA Economic Consulting, the Obama CPP struck down by Trump would have increased electricity rates by as much as 14 percent, costing American households up to $79 billion.The Administration estimates that repealing the Clean Power Plan could eliminate up to $33 billion in compliance costs in 2030.Trump took Obama shackles of ICE. Deportations up 40%, crossings reduce.Success with his Ad Valorem tariffs.China opens rice market for US exports for the first time ever.MSM proven fake regards Trump's tariffs.Ordering review of unfair contracts & their abuses/abusers - WTOWages highest in 2018 since 2009>$350 B Saudi Arms deal protecting jobs in Miltary/Arms Industries.To combat Russia -E.U. The energy supply of gas; First Natural Gas Shipped to Poland.Coal export up 60% from an industry destroyed by Obama.A probe of China intellectual property theft.Argentina agrees to allow first US pork imports in 25 years.Crude oil shipment from Texas opens new vistas in IndiaUS ties; India’s first ever U.S. crude purchase to arrive in Sept 18. With this, India, the world’s third largest oil importer, joins Asian countries like South Korea, Japan, and China to buy American crude after production cuts by the Organization of the Petroleum Exporting Countries (OPEC) drove up prices of Middle East heavy-sour crude, or grades with a high sulfur contentBlocked China from buying Semi-Conductor Company - Lattice.Trump Blocks Chinese Purchase of Chipmaker Due to National Security; President Trump has issued an executive order blocking Singapore-based Broadcom’s $117 billion takeover of U.S. chipmaker Qualcomm on national security grounds. The heated battle for ownership of Qualcomm has ended with a presidential decree barring Broadcom from ever owning the company after CFIUS cited national security concerns with the prospect of such a deal. $QCOM. $AVGO(— David Faber (@davidfaber) March 12, 2018).Additionally, Reuters reports that the Trump order says all 15 candidate directors proposed by Broadcom are disqualified for Qualcomm board. Trump’s decision confirms what Hayman Capital’s Kyle Bass explained last week.193. VA Accountability & Protection Law allows sackings of civil servants etc.194. Trump signed Forever GI Bill boosting aid to student vets.195. Tougher border controls bring about for crossing The Border Illegally Is Harder Than Its Been In 50 Years.196. MAGA.197. The Administration actually eliminated 22 regulations for every new regulatory action.198. The Administration issued 67 deregulatory actions while only imposing three new regulatory actions.199. In FY 2017, the Administration saved $8.1 billion in lifetime net regulatory cost savings, equivalent to $570 million per year.200. Throughout 2017, President Trump has made good on his promise to cut red tape, and in doing so has reenergized the United States’ agricultural, energy, and infrastructure sectors by freeing them from oppressive and stifling regulations.201. President Trump has signed 15 Congressional Review Act resolutions into law, more than any other president, ending burdensome Obama-era rules and regulations.202. According to a study by NERA Economic Consulting, implementing the Obama Administration’s plan under the Paris Climate Agreement could have cost the United States economy nearly $3 trillion and 6.5 million industrial sector jobs by 2040.203. President Trump signed 15 Congressional Review Act resolutions into law that is estimated to save American taxpayers $3.7 billion.204. President Trump signed an Executive Order that reduced the time it took to approve infrastructure projects from 10 years to two years.205. To date, 860 regulatory actions have been withdrawn or removed from active status.206. The WSJ said President Trump is "rolling back more regulations than any President in history.207. President Trump has signed a record-breaking 15 CRA bills to roll back regulations.208. Since the CRA became law in 1996, only one had ever been signed (George W. Bush in 2001)209. Along with Executive Orders, these bills will reduce regulatory costs by $18 billion annually.210. The Department of Agriculture issued guidance that would give more flexibility to state operations of the Supplemental Nutrition Assistance Program (SNAP). The new program maximized flexibility and holds states more accountable for the delivery of food benefits.212. President Trump created the Interagency Task Force on Agriculture and Rural Prosperity that Secretary Sonny Perdue chairs and developed suggestions. Suggestions include focusing on broadband access, improving the lives of rural Americans, developing methods to support a rural workforce, harness technological innovation for rural communities, and focusing on economic development in rural areas.213. August 2018 - USDA Announced An Investment Of More Than $124 Million To Help Rebuild And Improve Rural Water Infrastructure In 23 States214. September 2018 - The USDA Announced That They Formalized An Agreement With A Nonprofit Organization To Purchase Homes From The USDA And Convert Them Into Transitional Housing For People Recovering From Opioid Misuse. These houses will allow houses in Kentucky's Hart and Rockcastle counties to be converted into transitional housing for individuals and families215. The Department of the Interior proposed its largest oil and gas lease of over 76 million acres in the Gulf of Mexico.216. President Trump and his Administration acted aggressively to increase exports of energy resources to the global market. The Department of Energy announced the approval of the Lake Charles Liquefied Natural Gas terminal.217. The Administration announced the approval of the New Burgos Pipeline, a cross-border project that will export U.S. gasoline to Mexico.218. EPA Administrator Pruitt launched a task force to provide recommendations on how to streamline and improve the Superfund program, which is responsible for cleaning up land contaminated by hazardous waste.The Superfund task force released 42 detailed recommendations with the following goals in mind:Expediting cleanup and remediationRe-invigorating responsible party cleanup and reuseEncouraging private investmentPromoting redevelopment and community revitalizationEngaging partners and stakeholders219. EPA has re-launched launched the Smart Sectors Program to partner with the private sector to achieve better environmental outcomes. The lead for each sector serves as the ombudsmen within the respective agency across program offices, conducts educational site tours, analyzes data and advises options for environmental improvement, and develops reports that profile the impact of each sector.220. To ensure the Government serves the needs of all Americans, President Trump has called for a comprehensive plan to reorganize the executive branch and has begun to implement this plan.221. President Trump has commenced a comprehensive overhaul of digitally delivered Government services.222. President Trump has called for “conducting a full audit of the Pentagon.” The Department of Defense (DOD) responded to the President’s call to action and has begun its first full financial statement audit.223. $1.6 billion for border wall spending. This is the first time the wall has been funded since 2003.224. $703 million increase in ICE funding, from $6.4 billion to $7.1 billion, an increase of more than 10%.225. $21 billion down payment on the President's promise to rebuild infrastructure.226. The President’s infrastructure plan will establish a Rural Infrastructure Program to invest in rebuilding and modernizing rural infrastructure. The Rural Infrastructure Program will seek to:Use outcomes-driven planning efforts and capital improvements to rebuild and modernize rural infrastructure.Grow business revenues and personal incomes in rural areas by expanding access to markets, customers, and employment opportunities.Enhance regional connectivity for rural communities through interregional and interstate projects developed by the public and private sectors.Spur economic growth and competitiveness by closing infrastructure gaps to attract more development and manufacturing investments in rural America.227. President Trump and his Administration allocated $50 billion to empower rural America to address the infrastructure needs of their communities. The $50 billion dedicated to rural America represented 25 percent of all Federal funds in the President’s plan.80 percent of the Rural Infrastructure Program funds will go directly to the governor of each State as determined by a formula.20 percent of the Rural Infrastructure Program funds will be provided to selected States that apply for Rural Performance Grants.NOTES:- States will be provided funding without burdensome bureaucratic commands on how they should spend it.The federal funding provided by the President’s plan will not be awarded in pre-packaged, asset-specific amounts, as is often the case with Federal programs.Funds provided under the President’s proposal will go directly to the governor’s office of the State receiving funds.This will allow Governors to make investments based on the individual infrastructure needs of their rural communities.228. President Trump’s infrastructure plan will enable the rebuilding and modernization of rural infrastructure across a broad range of asset classes.229. The array of broad asset classes eligible for funding under President Trump’s plan will include:Transportation projects will rebuild roads, bridges, railways, and other vital infrastructure.Broadband deployment projects which will improve access for rural communities.Water and waste projects to help ensure rural families have access to clean water.Power and electric projects to provide rural areas with reliable, affordable power.Water resources project to better manage flood risk and improve rural water supplies and waterways.230. In July 2018, Department of Transportation introduced a new pilot program that will boost military recruitment and help with the nationwide shortage of commercial vehicle drivers by allowing 18 – 20-year-olds who possess a U.S. Military equivalent of a commercial driver’s license (CDL) to operate large trucks in interstate commerce.231. President Trump has made clear that broadband should be an infrastructure priority.The President’s plan will provide States with the flexibility to invest in the needs of their rural communities, including broadband.The Rural Infrastructure Program allowed governors to spend 100 percent of Federal funds they received on broadband access.President Trump signed an Executive Order in January on “Streamlining and Expediting Requests to Locate Broadband Facilities in Rural America.”This was built upon the efforts of the Rural Infrastructure Program by the Trump Administration.232. In April 2018, the Department of Health and Human Services (HHS) laid out a comprehensive five-point strategy to combat the opioid abuse crisis.233. The Department of Justice announced that fentanyl substances are a drug class under the Controlled Substances Act. This meant anyone who possesses, imports, distributes or manufactures illicit fentanyl-related substances would be subject to criminal prosecution similar to other controlled substances.Anyone who possesses, imports, distributes or manufactures any illicit fentanyl-related substance will be subject to criminal prosecution similar to other controlled substances.The DOJ announced its first-ever indictments against two Chinese nationals and their North American-based associates for distributing large quantities of fentanyl and other opiate substances. On National Drug Take Back Day, the Drug Enforcement Administration collected a record-breaking 912,305 pounds – 456 tons – of potentially dangerous expired, unused, or unwanted prescription drugs at more than 5,300 collection sites.234. In his first week in office, President Trump reinstated and expanded the Mexico City Policy that prevented $9 billion in foreign aid from being used to fund the abortion industry.235. President Trump de-funded a U.N. agency for colluding with China’s brutal program of forced abortion and sterilization.236. President Trump worked with the Congress to sign a bill overturning an Obama midnight regulation that prohibited States from defunding abortion service providers.The Trump Administration published guidance which promises to enforce the Obamacare requirement that taxpayer dollars should not support abortion coverage in exchange plans.237. Reinstated the Mexico City Policy to ban any U.S. foreign aid to organizations that perform abortions.238. Signed a Congressional Review Act bill to allow states to restrict Planned Parenthood Funding.239. In President Trump’s FY 2018 budget request, school choice was a priority for increased funding, including supporting $1 billion in Furthering Options of Children to Unlock Success grants for public school choice and $250 million to promote private school choice through the Education Innovation and Research Program.240. Implemented the year-round distribution of Pell grants, instead of limiting these grants to the Spring and Fall semesters.Low-income students will now have access to these funds over Summer and Winter breaks so they can earn their degrees faster with fewer loans.241. The Department of Education reformed the student loan servicing process to improve customer experience and lower costs.242. The Free Application for Federal Student Aid is being reformed to be more accessible to students.243. Experts from the financial services industry were brought into the Department of Education to modernize the way FSA offers and services student loans.244. The Department of Education is working to ensure regulations on the books adequately protect students while giving States, institutions, teachers, parents, and students the flexibility they need to improve outcomes.245. The Dept. of Education has identified and withdrawn nearly 600 regulations that are deemed unnecessary.246. Rescinded the 2011 Dear Colleague Letter and 2014 Q&A regarding Title IX enforcement, and interim guidance was issued.247. Paused the Obama Administration’s Borrower Defense to Repayment and Gainful Employment regulations.248. The Department of Education’s Regulatory Review Taskforce identified nearly 600 outdated guidance documents for rescinding.249. August 2018 - The Department of Education announced $359.8 million in Federal assistance to 20 states and the U.S. Virgin Islands to assist with the cost of educating students displaced by Hurricane Harvey, Irma, Maria, or the 2017 California wildfires.250. August 2018 - The Department of Education announced that it would potentially rescind the Gainful Employment Regulation.​​​​​​​The Department Of Education Claimed That The Removal Of This Regulation Would Help Provide Transparency And Fairness To Students In Higher Education.I am sure I have missed numerous ones and so I have included an URL from the Washington Examiner below too. I have not checked it against my own list, I only have 250 accomplishments vs their 289, but what’s 39 between friends, after all 39 exceeds Obama’s accomplishments by, coincidentally 39!!251. POTUS did not leave Vietnam empty-handed. He secured a $15 billion deal. Vietnam’s Bamboo Airways and VietJet Aviation JSC signed deals to buy 110 aircraft from Boeing Co. during President Donald Trump’s visit to Hanoi for a summit with North Korean leader Kim Jong-Un.I am sure I have missed numerous ones and so I have included an URL from the Washington Examiner below too. I have not checked it against my own list, I only have 250 accomplishments vs their 289, but what’s 39 between friends, after all 39 exceeds Obama’s accomplishments by, coincidentally 39!!252. The U.S. economy added 20,000 jobs in February 2019 while the unemployment rate fell slightly to 3.8 percent, making February the 101st month of consecutive U.S. job growth.253. April 2019. Going nuclear on Trump government picks. Republicans set to stop the Democrat obstruction of employee picks that has seen:1. The least number ever confirmed for a President - period.2. Although Trump policy is to not overstaff, Democrat obstruction of any & all picks has seriously damaged government efficiency.This is to end; but why did the Republicans wait?......could it be to ensure the Democrats who deny obstruction, are proven liars yet again, and that the historical record will record it!254. Removal of the falsely claimed right to Pain-Free execution for Death Row killers. SCOTUS 5-4, April 2019.255. June 19, 2019 5.8 million removed from food stamps that were robbing the deserving.Over 5.8 million individuals have discontinued their participation in America’s food stamp program since President Donald Trump’s first full month in office, according to the latest U.S. Department of Agriculture (USDA) data. The most recent USDA data shows that 5,829,890 people discontinued their participation in food stamps received through the Supplemental Nutrition Assistance Program (SNAP) since February 2017, Trump’s first full month in office.256. Increased value of Stock Market by US$6 Trillion.257. Ensured NATO pays its fair share.256. “I’m a Jew,” the Miller, White House senior policy adviser said.“As a Jew, as an American Jew, I am profoundly outraged by the remarks by Ocasio-Cortez. It is a historical smear. It is a sinful comment. It minimizes the death of six million of my Jewish brothers and sisters. It minimizes their suffering. And it paints every patriotic law enforcement officer as a war criminal,” he said emphatically.257. The Trade agreement with Canada & Mexico.258. The Killing of terrorist Soleimani.259. The killingn of top ranking Al Qeda terrorist.260. China trade agreement.261. Military funds to build the wall.262. Proving like Russia Gate that Ukraine Gate was another Democrat Sham case. Best though was Jim Jordan destroying the need for witnesses in the senate. The biased 17-0 Democrat witnesses whose evidence was hearsay, extraneous, 2 nd 3rd, & 4 th party, inadmissible nonsense, were officially asked in the House to name a crime, illegal or unlawful act committed by Trump – NON COULD!!

Is David Axelrod right that the way to beat Trump is to go after his business record and offensive statements?

The key to Trump's popularity is that people are suffering in the wake of the 2008 recession. Inflation adjusted wages are still below their 2000 peak for some. Banks, Wall Street and Washington screwed up. People see Washington as incompetent, partly because of its role in the 2008 crisis and they want someone who they perceive as competent as an antidote.So Trump says he's not from Washington, and he's great at business, and he's going to come in and fix everything. People are suffering, and so they are more receptive to his message.Going after his business record doesn't help much unless you do it in the right way. He's quite rich and successful. Arguments about his inheritance tend to go over the public's head. You can't really paint him as something other than a successful businessman, because he has had a lot of successes. You can try to say that he wouldn't have had that success if he didn't had his father's financial backing and hadn't inherited assets from his father, but it's also true that many children with rich parents are not successful, so that argument isn't the killer it needs to be. However there are ways to use his business dealings against him and I'll detail that below.His offensiveness is actually a perceived strength in that he's not politically correct, so attacking his offensiveness is not that effective — unless you argue that his offensive statements suggest he'd do a poor job leading the country.The key to attacking Trump is to attack the premise that he's fit to lead and would do a good job leading this country.You could make any one of the following arguments:You can say he only cares about himself and that he's self absorbed and has a track record of screwing people over. This combats his claim that he could be the voice of the people.You can say that he's a con man who bilked people out of money with Trump University until it was shut down by government authorities. You can mention that instructors had little or no connection to Trump.You can say he's actually cowardly and you can mention that he attacked the appearance of Ted Cruz's wife. This combats his claim that he's a strong leader.You can say he has a track record of speaking about women in derogatory terms. He claims he hires women, but people in his companies say he focuses on young physically attractive women, suggesting those are the primary qualities he looks for in women. You can mention that he's been accused of rape and sexual assault.You can say he's not fit to lead the country because he's appallingly egotistical, narcissistic, unstable, erratic, irresponsible, childish, insulting, bigoted, racist, sexist, xenophobic, offensive, crude, rude, vulgar, crass, bullying, and emotionally immature.You can add that he has advocated or praised violence at his rallies.You can mention a lot of what he's done, from saying McCain's not a war hero, to insulting Ben Carson's religion, to giving out Lindsey Graham's personal cellphone number, to saying he'd date his daughter if she weren't his daughter.You can mention he's praised foreign dictators like Putin and Kim Jong-Un.You can say he almost went bankrupt in the 1990s because he took on too much risk. Would he take on too much risk as President as well?You can say his policies will hurt the country and are inhumane and he has a poor understanding of economics.His tariffs could make products more expensive, spur retaliatory tariffs and hurt the global economy.His deportation plan would disrupt businesses and the economy while being cruel to families.His tax plan may plunge the U.S. into a poor financial situation.He wants to force Apple and other companies to build "their damn things" in the U.S. This doesn't make a lot of sense if you look at the numbers.You can say that political experience is actually valuable and that he is clueless about what he's doing, as evidenced by the number of incorrect things he's said, the lack of detail in his proposals, and the number of times he's changed his mind. You can say he'd do a bad job.You can mention that he advocated war crimes (killing terrorists' families) without realizing they were war crimes.You can say his various positions are ill-thought out and explain why.You can say it doesn't make sense to bar Muslims from entering the U.S. especially given that we need to work with them around the world on terrorism etc.You can say his plans to build a wall and Mexico pay for it and end birthright citizenship is not realistic.You can mention him being uninformed, e.g. failing to know what the nuclear triad was, advocating a vaccines - autism link, failing to realize that the Chinese Yuan is actually too high not too low, failing to know the difference between Quds Force in Iran and the Kurds, saying it wasn't important in September for him to know the difference between Hamas and Hezbollah.You can say he has no firm principles except making money (given the number of times he changed his mind) and never has been as serious as he should have been about coming up with plans.You can say he lies constantly and you shouldn't trust him.He said he saw 1000s cheering in New Jersey right after the September 2001 terrorist attacks, a claim which most dispute.He said "Sixty-one percent of our bridges are in danger” and that claim is generally regarded as being false.He said "One of the first things I do in terms of executive order if I win will be to sign a strong, strong statement” that “anybody killing a police officer — death penalty.” However, Presidents don't have that power.He said that a "highly respected" poll indicated that 25% of U.S. Muslims supported violent acts against other Americans. Many feel the poll is suspect.He said “The concept of global warming was created by and for the Chinese in order to make U.S. manufacturing non-competitive.”He said unemployment was 42%.He said "The @washingtonpost, which loses a fortune, is owned by @JeffBezos for purposes of keeping taxes down at his no profit company, @amazon." This was widely debunked.He was an Obama birther — even after that attack was widely debunked.You can portray him as a draft dodger.You can portray him as a hukster, always trying to profit without a strong moral compass to keep that profit motive in check.You can say he's making unrealistic promises to people just to get elected — just like he did with Trump University to get people's money.You can say he would abuse the office of the Presidency to go after political rivals, given how merciless he is in bullying and attacking those who disagree with him.You can mention that he wanted to change libel laws so that people couldn't say bad things about him.You can only imagine what he'd do if he controlled the NSA, FBI, IRS etc. and how he might abuse his power to go after rivals.For references on these quotes, see my much longer answer : Will Wister's answer to How has Donald Trump sustained his popularity for so long in the Republican Primary campaign?For more detail on the economic situation see Will Wister's answer to Why have middle class incomes in the U.S. been stagnant for so long when adjusted for inflation?

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