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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by
    #28

    Just what the people voted for. Higher prices.

    IMG_3419.jpeg

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    1 Reply Last reply
    • Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote on last edited by
      #29

      I know Trump is a genius and everything, but has he actually thought any of this through?

      I was only joking

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #30

        We've gone from:
        "Vote Trump to end Bidenflation and bring down prices," to
        "Ok, Trump will raise prices even higher, but that's the price of loyalty to our dear leader."

        IMG_3420.jpeg

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        1 Reply Last reply
        • jon-nycJ Offline
          jon-nycJ Offline
          jon-nyc
          wrote on last edited by jon-nyc
          #31

          S&P now wiped out all post election gains. 3.4T in value

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          Doctor PhibesD 1 Reply Last reply
          • 89th8 Offline
            89th8 Offline
            89th
            wrote on last edited by
            #32

            Lovely

            1 Reply Last reply
            • RenaudaR Offline
              RenaudaR Offline
              Renauda
              wrote on last edited by Renauda
              #33

              It’s ushering in the new age marked by the introduction of Anarcho-MAGAt-Syndicalism Anarcho-MAGAt-Extortionism in the form of fraudulent trade and investment policies coupled with punitive economic sanctions targeting friends and allies on a global scale.

              All in all, a very myopic and extremely stupid attempt to deceive the market and come out ahead.

              Elbows up!

              1 Reply Last reply
              • jon-nycJ jon-nyc

                S&P now wiped out all post election gains. 3.4T in value

                Doctor PhibesD Offline
                Doctor PhibesD Offline
                Doctor Phibes
                wrote on last edited by
                #34

                @jon-nyc said in Trumpenomics:

                S&P now wiped out all post election gains. 3.4T in value

                Maybe Trump will sue Wall Street for being disloyal.

                I was only joking

                N 1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #35

                  Or libel.

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • Doctor PhibesD Doctor Phibes

                    @jon-nyc said in Trumpenomics:

                    S&P now wiped out all post election gains. 3.4T in value

                    Maybe Trump will sue Wall Street for being disloyal.

                    N Offline
                    N Offline
                    NobodySock
                    wrote on last edited by NobodySock
                    #36

                    @Doctor-Phibes said in Trumpenomics:

                    @jon-nyc said in Trumpenomics:

                    S&P now wiped out all post election gains. 3.4T in value

                    Maybe Trump will sue Wall Street for being disloyal.

                    don't think he hasn't already asked that question out loud to the brains surrounding him. The CBS multi billion dollar suit over edited Kamela Harris interview has to take the cake though. Aren't there repercussions for bringing frivolous lawsuits? Oh I forgot, he's immune. Carry on Donald, whip out your crank and pee in public, you want attention? There's so many more creative way and 4 years to do them. Awww, life must be feeling really good for the King. This close to life prison and the people saved him from the jaws of Bubba. Don't think for one minute should he survive these 4 long years, that he won't have rearranged the order of things and commits to his promise to his people, don't worry , after this election, you won't have to vote anymore. He knows it's straight to prison should he ever leave the oval office. Non of that immunity shit washes in these cases, it's allready been determined.

                    1 Reply Last reply
                    • N Offline
                      N Offline
                      NobodySock
                      wrote on last edited by NobodySock
                      #37

                      The true test of our Constitution will be when a judge remands one of them into custody for breaking an order and the judge will be forced to call the US Marshals Service for custody handling. That will be the tipping point.

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #38

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote on last edited by
                          #39

                          Meanwhile, China is signing trade agreements.

                          IMG_3454.jpeg
                          IMG_3455.jpeg

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          taiwan_girlT 1 Reply Last reply
                          • jon-nycJ jon-nyc

                            Meanwhile, China is signing trade agreements.

                            IMG_3454.jpeg
                            IMG_3455.jpeg

                            taiwan_girlT Offline
                            taiwan_girlT Offline
                            taiwan_girl
                            wrote on last edited by
                            #40

                            @jon-nyc Yup. It was obvious that someone (like China) would step into the "void" created by the US pulling out of the global community.

                            1 Reply Last reply
                            • jon-nycJ Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote on last edited by jon-nyc
                              #41

                              I think the popular conception is tariffs affect foreign made widgets for which US made widgets can be easily substituted. The 50 33 numbers tell a different story.

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              1 Reply Last reply
                              • jon-nycJ Offline
                                jon-nycJ Offline
                                jon-nyc
                                wrote on last edited by
                                #42

                                What does Reagan think?

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                taiwan_girlT 1 Reply Last reply
                                • jon-nycJ jon-nyc

                                  What does Reagan think?

                                  taiwan_girlT Offline
                                  taiwan_girlT Offline
                                  taiwan_girl
                                  wrote on last edited by
                                  #43

                                  @jon-nyc said in Trumpenomics:

                                  What does Reagan think?

                                  It is interesting that a lot of current politicians hold President Reagan on a pedestal, but then go against everything that he stood for. LOL

                                  1 Reply Last reply
                                  • HoraceH Offline
                                    HoraceH Offline
                                    Horace
                                    wrote on last edited by Horace
                                    #44

                                    I don't see any good end to the tariffs other than better trade agreements, after which the tariffs go away. Trump presents them as a good thing in and of themselves, but at best they seem to be a stick to inflict pain on ourselves and others, with others being hit harder. The jobs that come into America will be anti-competitive, and will raise prices. A car built by Americans getting paid American wages will not be profitable at the current prices, even without tariffs. Same goes for any product built using cheap labor.

                                    I guess there's an argument to be made about how inhumane all that cheap labor was. I don't suppose that argument is being made now, though there used to be murmurs of it from the left.

                                    Education is extremely important.

                                    X 1 Reply Last reply
                                    • jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote on last edited by jon-nyc
                                      #45

                                      I’m old enough to remember when leftist kids protested the WTO. Remember the big protest in Seattle?

                                      I’m not sure what their point was. It’s not clear to me if they did either.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • taiwan_girlT Offline
                                        taiwan_girlT Offline
                                        taiwan_girl
                                        wrote on last edited by
                                        #46

                                        Most of them I think are from government layoffs

                                        U.S.-based employers cut more jobs this February than in any February in 16 years, according to a new report from outplacement firm Challenger, Gray and Christmas.

                                        This year, employers announced 172,017 job cuts — the most the shortest month has seen since 2009,

                                        and

                                        The Labor Department will release the official February jobs report Friday morning.

                                        1 Reply Last reply
                                        • HoraceH Horace

                                          I don't see any good end to the tariffs other than better trade agreements, after which the tariffs go away. Trump presents them as a good thing in and of themselves, but at best they seem to be a stick to inflict pain on ourselves and others, with others being hit harder. The jobs that come into America will be anti-competitive, and will raise prices. A car built by Americans getting paid American wages will not be profitable at the current prices, even without tariffs. Same goes for any product built using cheap labor.

                                          I guess there's an argument to be made about how inhumane all that cheap labor was. I don't suppose that argument is being made now, though there used to be murmurs of it from the left.

                                          X Offline
                                          X Offline
                                          xenon
                                          wrote on last edited by xenon
                                          #47

                                          @Horace said in Trumpenomics:

                                          I don't see any good end to the tariffs other than better trade agreements, after which the tariffs go away. Trump presents them as a good thing in and of themselves, but at best they seem to be a stick to inflict pain on ourselves and others, with others being hit harder. The jobs that come into America will be anti-competitive, and will raise prices. A car built by Americans getting paid American wages will not be profitable at the current prices, even without tariffs. Same goes for any product built using cheap labor.

                                          I guess there's an argument to be made about how inhumane all that cheap labor was. I don't suppose that argument is being made now, though there used to be murmurs of it from the left.

                                          If you play out the long game. Countries with no trade barriers will eventually overtake you in terms of making things in a cheaper way. Then you’ll have to put more tariffs on to protect yourself from their output.

                                          We did tariffs for hundreds of years before we didn’t.

                                          I’m on board with tariffs against countries that are doing predatory investments to shake out the market (eg China). But even then… there’s massive benefits to the consumers of other countries that get subsidized goods.

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