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Born on third base, he thinks he hit a home run.Trump learned to bully people from his mentor, Roy Cohn, Joe McCarthys right hand man who, more than any other human being during the Red Scare, ruined the lives of so many innocent people, including some of Hollywoods most talented. Why anybody would expect him to change now defies logic. Trump acts like a gunslinger drunk on power. His attention span is 140 characters, and he gives little thought to anything before taking action, least of all to how his words and actions will impact fellow human beings. His modus operandi reverses the traditional order of everything as he shouts, Ready, Fire, Aim! His attacks on the press are never ending. No dictator likes a free press, and Trump is no different. Rather than accepting responsibility for any of his own actions, Trump would rather blame the media. He is never mistaken, never wrong and never doubts all signs of the narcissistic man without an iota of empathy Trump has always been. Ringling Bros. and Barnum & Bailey Circus is closing down after being in business since 1871, just when a new three ring circus has put up its tent in our nations capital with Trump its ring master firmly in control. It was P.T. Barnum himself who said, There is a sucker born every minute, and dont think Trump doesnt know it.Like demagogues before him, Trump understands that fear is a strong motivator, and just like Chicken Little, he keeps telling us all the sky is falling unemployment is over 40 percent, the world has never been in a worse state, there is carnage everywhere.
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While Kevin Brady (R-TX), who chairs the House Ways and Means Committee, told The Financial Times , Our goal is to leapfrog America back into the lead pack as one of the worlds most attractive countries for investment. But Inkers analysis casts doubt on whether tax cuts would really do much of anything at all to corporate profits, which is what underwrote the stock markets positive view on lower taxes. In a recent interview with Yahoo Finance, NYU finance professor Aswath Damodaran also outlined the problem with relying on the tax code as being able to anything meaningful to tweak corporate behavior. View photos NYU finance professor Aswath Damodaran. More The tax code is a bludgeon, Damodaran said. When you change the tax code trying to make companies do the right thing, you almost always have a law of unintended consequences. Damodaran adds that, tax codes have never been effective behavior modifiers.If you want companies to invest more in the US, you have to make it in their economic best interest, their operating best interest to bring business back to the US. And simply making the legal tax rate lower doesnt necessitate the fulfillment of this condition. Your microeconomics professor probably would have taught you that corporate taxes should be a passthrough, just as sales taxes are, Inker writes. Because corporations are interested in their after-tax return on capital, a change in corporate tax rates should generally affect output prices, not profits. That would make a fall in corporate tax rates at best a one-off windfall and possibly a wash. We recently highlighted commentary from Caterpillar , a US company that certainly stands to benefit from any changes to the governments fiscal stance and any tweaks to the tax code. The company said that any changes out of Washington wouldnt likely show up until 2018.
With so many New York designers having rallied behind Democratic presidential candidate Hillary Clinton, a surge of power pantsuits, styles steeped in rebellion or maybe something optimistically colorful could wind up trending as a kind of political protest. Even more see now/buy now options: The chance to see clothes on the runway and buy them in stores or online shortly after was all the buzz at New York Fashion Week in September and for some brands, the switch from previewing styles that wouldnt be available until months later paid off. Soon after Tommy Hilfiger debuted his capsule collection with supermodel Gigi Hadid in a one-of-a-kind carnival runway show , lots of pieces reportedly sold out online or were only left in limited sizes. After Rebecca Minkoff showed her first shoppable collection, she reported a 200 percent spike in sales. Expect more designers to dabble with this formula. Those who are able to balance spectacle with savvy social media teases will be the most successful. Straying from tradition: A number of designers are forgoing the traditional runway show or presentation in exchange for a more original way to unveil their latest collections, while others are fleeing New York this fashion month altogether. For instance, Opening Ceremony presented its spring looks in a fashion show-inspired ballet last month at Lincoln Center.
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