Investing in the Trump Era

Investing in the Trump Era
Author: Nicholas P. Sargen
Publisher: Springer
Total Pages: 163
Release: 2018-06-20
Genre: Business & Economics
ISBN: 3319760459

In the wake of the 2016 U.S. presidential election, investors and the electorate alike are seeking clarity on a wide range of macro policy issues that will impact the economy and markets in the years ahead. The primary goal of this book is to provide an objective source for investors to learn about economic policy issues that surfaced. Topics include long-term growth, the federal budget deficit, healthcare reform, tax reform, regulatory policies affecting the financial system and environment, the nexus of monetary, exchange rate and trade policies, and globalization. The book explains how these issues have evolved, considers arguments from both sides of the political divide, and draws upon evidence from studies by experts in the respective areas. A related goal is to assess the likely impact of economic policies on financial markets. While the presidential election was close, the markets’ response was decisive: U.S. and global equity markets went on a tear as consumer and business confidence soared. This surprised many investors who believed a Trump victory would be bad for financial markets. It also caused many to question whether expectations embedded in markets were too optimistic. Sargen’s assessment is presented in the opening and concluding chapters.

The First Amendment in the Trump Era

The First Amendment in the Trump Era
Author: Timothy Zick
Publisher:
Total Pages: 193
Release: 2019
Genre: Language Arts & Disciplines
ISBN: 0190073993

This book catalogues and examines the various First Amendment free speech and press controversies that have roiled the Trump presidency. It highlights both what is unique about those controversies, and what is consistent with historical patterns. From past conflicts and eras, the book draws various First Amendment lessons that will help guide readers through the Trump Era.

Trump: The Art of the Deal

Trump: The Art of the Deal
Author: Donald J. Trump
Publisher: Ballantine Books
Total Pages: 401
Release: 2009-12-23
Genre: Business & Economics
ISBN: 0307575330

President Donald J. Trump lays out his professional and personal worldview in this classic work—a firsthand account of the rise of America’s foremost deal-maker. “I like thinking big. I always have. To me it’s very simple: If you’re going to be thinking anyway, you might as well think big.”—Donald J. Trump Here is Trump in action—how he runs his organization and how he runs his life—as he meets the people he needs to meet, chats with family and friends, clashes with enemies, and challenges conventional thinking. But even a maverick plays by rules, and Trump has formulated time-tested guidelines for success. He isolates the common elements in his greatest accomplishments; he shatters myths; he names names, spells out the zeros, and fully reveals the deal-maker’s art. And throughout, Trump talks—really talks—about how he does it. Trump: The Art of the Deal is an unguarded look at the mind of a brilliant entrepreneur—the ultimate read for anyone interested in the man behind the spotlight. Praise for Trump: The Art of the Deal “Trump makes one believe for a moment in the American dream again.”—The New York Times “Donald Trump is a deal maker. He is a deal maker the way lions are carnivores and water is wet.”—Chicago Tribune “Fascinating . . . wholly absorbing . . . conveys Trump’s larger-than-life demeanor so vibrantly that the reader’s attention is instantly and fully claimed.”—Boston Herald “A chatty, generous, chutzpa-filled autobiography.”—New York Post

The Trump Effect

The Trump Effect
Author: Steven E. Schier
Publisher: Rowman & Littlefield
Total Pages: 181
Release: 2022-02-21
Genre: Political Science
ISBN: 1538149311

Donald Trump’s presidency produced no end of controversy. His tumultuous presidency also created new avenues of public policy and national politics. Prominent scholars of American institutions, politics and public policy assess the multiple consequences of Trump’s singular presidency in this volume. How did Trump’s unconventional behavior alter the media environment and electoral politics? Will he remain the dominant presence in the Republican Party? Are Democrats the main beneficiaries of his time in office? How lasting was his impact on the federal judiciary, Congressional-executive relations and White House management? What new directions in domestic and foreign policy are likely to survive his presidency? The authors shed much light on the temporary and permanent changes to the policy and political landscape wrought by this argumentative and controversial chief executive.

The Riches of This Land

The Riches of This Land
Author: Jim Tankersley
Publisher: PublicAffairs
Total Pages: 296
Release: 2020-08-11
Genre: Business & Economics
ISBN: 1541767845

A vivid character-driven narrative, fused with important new economic and political reporting and research, that busts the myths about middle class decline and points the way to its revival. For over a decade, Jim Tankersley has been on a journey to understand what the hell happened to the world's greatest middle-class success story -- the post-World-War-II boom that faded into decades of stagnation and frustration for American workers. In The Riches of This Land, Tankersley fuses the story of forgotten Americans-- struggling women and men who he met on his journey into the travails of the middle class-- with important new economic and political research, providing fresh understanding how to create a more widespread prosperity. He begins by unraveling the real mystery of the American economy since the 1970s - not where did the jobs go, but why haven't new and better ones been created to replace them. His analysis begins with the revelation that women and minorities played a far more crucial role in building the post-war middle class than today's politicians typically acknowledge, and policies that have done nothing to address the structural shifts of the American economy have enabled a privileged few to capture nearly all the benefits of America's growing prosperity. Meanwhile, the "angry white men of Ohio" have been sold by Trump and his ilk a theory of the economy that is dangerously backward, one that pits them against immigrants, minorities, and women who should be their allies. At the culmination of his journey, Tankersley lays out specific policy prescriptions and social undertakings that can begin moving the needle in the effort to make new and better jobs appear. By fostering an economy that opens new pathways for all workers to reach their full potential -- men and women, immigrant or native-born, regardless of race -- America can once again restore the upward flow of talent that can power growth and prosperity.

Only the Rich Can Play: How a Billionaire Sold Washington a Bonanza for the Wealthy as a Way to Help the Poor

Only the Rich Can Play: How a Billionaire Sold Washington a Bonanza for the Wealthy as a Way to Help the Poor
Author: David Wessel
Publisher: Public Affairs
Total Pages: 320
Release: 2021-10-05
Genre: Business & Economics
ISBN: 9781541757196

In a Winners Take All meets This Town narrative, a New York Times bestselling author tells the story of the creation of a massive tax break, in which political and economic elites attend to the care and feeding of the super-rich, and inequality compounds. David Wessel's incredible tale of how Washington works-and why the rich keep getting richer-starts when a Silicon Valley entrepreneur concocts an idea that will save money on his taxes and spins it as a way to ostensibly help poor people. He organizes and pays for an effective lobbying effort that pushes his idea into law with little scrutiny or fine-tuning by congressional or Treasury tax experts-and few safeguards against abuse. With an unbeatable pair of high-profile sponsors, bumper-sticker simplicity and deft political marketing, the Opportunity Zone became an unnoticed part of the 2017 Trump tax bill. The gold rush followed immediately thereafter. David Wessel follows the money to see who profited from this plan that was supposed to spur development of blighted areas and help people out of poverty: the Mandalay Bay Hotel in Las Vegas, the Portland (Oregon) Ritz-Carlton, the Mall of America, and self-storage facilities-lucrative areas where the one percent can park money profitably and avoid capital gains taxes. And the best part: unlike other provisions for eliminating capital gains taxes (inheritance, for example) you don't have to die to take advantage of this one. Wessel provides vivid portraits of the proselytizers, political influencers, motivational speakers, consultants, real estate dealmakers, and individual money-seekers looking to take advantage of this twenty-first century bonanza. He looks at places for which Opportunity Zones were supposedly designed (Baltimore, for example) and how little money they've drawn. And he finds a couple of places (Erie, PA) where zones are actually doing what they were supposed to, a lesson on how a better designed program might have helped more left-behind places. Readers will feel outraged as Wessel gives us the gritty reality, the dark underbelly of a system tilted in favor of the few, with the many left out in the cold.

The Platform Delusion

The Platform Delusion
Author: Jonathan A. Knee
Publisher: Penguin
Total Pages: 384
Release: 2021-09-07
Genre: Business & Economics
ISBN: 0593189442

An investment banker and professor explains what really drives success in the tech economy Many think that they understand the secrets to the success of the biggest tech companies: Facebook, Amazon, Apple, Netflix, and Google. It's the platform economy, or network effects, or some other magical power that makes their ultimate world domination inevitable. Investment banker and professor Jonathan Knee argues that the truth is much more complicated--but entrepreneurs and investors can understand what makes the giants work, and learn the keys to lasting success in the digital economy. Knee explains what really makes the biggest tech companies work: a surprisingly disparate portfolio of structural advantages buttressed by shrewd acquisitions, strong management, lax regulation, and often, encouraging the myth that they are invincible to discourage competitors. By offering fresh insights into the true sources of strength and very real vulnerabilities of these companies, The Platform Delusion shows how investors, existing businesses, and startups might value them, compete with them, and imitate them. The Platform Delusion demystifies the success of the biggest digital companies in sectors from retail to media to software to hardware, offering readers what those companies don't want everyone else to know. Knee's insights are invaluable for entrepreneurs and investors in digital businesses seeking to understand what drives resilience and profitability for the long term.

Presidential Party Building

Presidential Party Building
Author: Daniel J. Galvin
Publisher: Princeton University Press
Total Pages: 353
Release: 2009-09-21
Genre: Political Science
ISBN: 1400831172

Modern presidents are usually depicted as party "predators" who neglect their parties, exploit them for personal advantage, or undercut their organizational capacities. Challenging this view, Presidential Party Building demonstrates that every Republican president since Dwight D. Eisenhower worked to build his party into a more durable political organization while every Democratic president refused to do the same. Yet whether they supported their party or stood in its way, each president contributed to the distinctive organizational trajectories taken by the two parties in the modern era. Unearthing new archival evidence, Daniel Galvin reveals that Republican presidents responded to their party's minority status by building its capacities to mobilize voters, recruit candidates, train activists, provide campaign services, and raise funds. From Eisenhower's "Modern Republicanism" to Richard Nixon's "New Majority" to George W. Bush's hopes for a partisan realignment, Republican presidents saw party building as a means of forging a new political majority in their image. Though they usually met with little success, their efforts made important contributions to the GOP's cumulative organizational development. Democratic presidents, in contrast, were primarily interested in exploiting the majority they inherited, not in building a new one. Until their majority disappeared during Bill Clinton's presidency, Democratic presidents eschewed party building and expressed indifference to the long-term effects of their actions. Bringing these dynamics into sharp relief, Presidential Party Building offers profound new insights into presidential behavior, party organizational change, and modern American political development.

The New Class War

The New Class War
Author: Michael Lind
Publisher: Penguin
Total Pages: 224
Release: 2020-01-21
Genre: Political Science
ISBN: 0593083709

In both Europe and North America, populist movements have shattered existing party systems and thrown governments into turmoil. The embattled establishment claims that these populist insurgencies seek to overthrow liberal democracy. The truth is no less alarming but is more complex: Western democracies are being torn apart by a new class war. In this controversial and groundbreaking new analysis, Michael Lind, one of America’s leading thinkers, debunks the idea that the insurgencies are primarily the result of bigotry, traces how the breakdown of mid-century class compromises between business and labor led to the conflict, and reveals the real battle lines. On one side is the managerial overclass—the university-credentialed elite that clusters in high-income hubs and dominates government, the economy and the culture. On the other side is the working class of the low-density heartlands—mostly, but not exclusively, native and white. The two classes clash over immigration, trade, the environment, and social values, and the managerial class has had the upper hand. As a result of the half-century decline of the institutions that once empowered the working class, power has shifted to the institutions the overclass controls: corporations, executive and judicial branches, universities, and the media. The class war can resolve in one of three ways: • The triumph of the overclass, resulting in a high-tech caste system. • The empowerment of populist, resulting in no constructive reforms • A class compromise that provides the working class with real power Lind argues that Western democracies must incorporate working-class majorities of all races, ethnicities, and creeds into decision making in politics, the economy, and culture. Only this class compromise can avert a never-ending cycle of clashes between oligarchs and populists and save democracy.

Trumponomics

Trumponomics
Author: Stephen Moore
Publisher: Macmillan + ORM
Total Pages: 227
Release: 2018-10-30
Genre: Political Science
ISBN: 1250193729

Conservative economists offer a well-informed defense of Trump’s approach to trade, taxes, employment, infrastructure, and other economic policies. Donald Trump promised the American people a transformative change in economic policy after eight years of stagnation under Obama. But he didn’t adopt a conventional left or right economic agenda. His is a new economic populism that combines some conventional Republican ideas—tax cuts, deregulation, more power to the states—with more traditional Democratic issues such as trade protectionism and infrastructure spending. It also mixes in important populist issues such as immigration reform, pressuring the Europeans to pay for more of their own defense, and keeping America first. Coauthors Stephen Moore and Arthur B. Laffer worked as senior economic advisors to Donald Trump in 2016. They traveled with him, frequently met with his political and economic teams, worked on his speeches, and represented him as surrogates. They are currently members of the Trump Advisory Council and still meet with him regularly. In Trumponomics, they offer an insider’s view on how Trump operates in public and behind closed doors, his priorities and passions, and his greatest attributes and liabilities.