Americans brimming with confidence about U.S. economy

JMichael

Redshirt
Jul 7, 2001
619
3
18
Tort reform hurts the economy. In fact WV has lost about 100 -200 million because of Tort Reform as well as the loss of over an estimated 50,000 jobs.
 

WVPATX

Freshman
Jan 27, 2005
28,197
91
38
Tort reform hurts the economy. In fact WV has lost about 100 -200 million because of Tort Reform as well as the loss of over an estimated 50,000 jobs.

Well brother in Texas the story has been just the opposite. Tort reform has been an amazing incentive to bring business into the state. As a business owner, I can promise you that insurance costs, liability costs are absolutely out of control. And raise the cost of doing business substantially.
 

DvlDog4WVU

All-Conference
Feb 2, 2008
46,696
1,764
113
Tort reform hurts the economy. In fact WV has lost about 100 -200 million because of Tort Reform as well as the loss of over an estimated 50,000 jobs.
I'm sure you can substantiate that claim with something. Tort reform most certainly doesn't hurt the economy.
 

roadtrasheer

Senior
Sep 9, 2016
16,750
437
83
Two biggest thieves in the world ..no the universe.....the United states government & insurance companies...
 

atlkvb

All-Conference
Jul 9, 2004
80,052
1,984
113
Tax abatements (Free enterprise zones) community banking, easing of credit restrictions, relaxation of capital expensing (carryovers) accelerated equipment depreciation, reviews of amortization schedules on industrial lending, revising capital requirements for small community lenders and relaxation of fiduciary regulations all must go hand in hand with major revisions in the tax code.

It's the life blood of economic expansion (increased access to capital and credit) and is desperately needed to jump start the economy especially in economically depressed areas.

To his credit, coming from the business/real estate world...Trump and his associates understand this better than most. They will be working aggressively with banking regulators through Congress, the alphabet soup agencies, large institutional investors, investment and bank houses, as well as venture capitalists; to find ignition points in the private sector to spark explosions of development in critical areas that can have the most impact and create exponential repercussions jump starting commerce and stimulating economic activity where is it needed most and has the most immediate impact.

I'm arguing this is Trump's key to success for his Governance. All other objectives (short of keeping the nation strong and secure) are secondary to this...including battling with the corrupt media which will never help him get this message out but which ironically will render them mute once his success becomes evident to the vast majority of Americans looking for bigger paychecks and better economic opportunities.

He (Trump) knows this already, and is busy setting up the groundwork to implement this strategy.
 

mneilmont

Sophomore
Jan 23, 2008
20,883
166
0
But that will change quickly if we don't get tax reform, overseas profits repatriation, tort reform, regulatory reform, all of the above energy and JOBS.

http://thehill.com/policy/finance/320284-americans-brimming-with-optimism-on-the-economy

Trump should focus much, much less on the corrupt media and far more on getting this stuff passed.
Yes, our economy under Obama was like a heavily endowed woman with large boobs and a bra that is too small. Just waiting to be removed from the constraints and it jumped out like a hard-on. Our GDP needs to grow at 4-5 times what we had the day after Obama won election and remained thru two terms. Maybe he was not intending to constrain the economy, but his moves proved to be constraints.