Trumpenomics

[jon-nyc]

Bessent: Low prices are overrated.

[Horace]

If the only cheap things in America are the words used by the Trump administration when they tell people that prices don't matter, they are not long for power. Obviously. They must know that.

[Horace]

A fuller context of the quote might have to do with standard of living and income relative to prices, which could make some sense, but the runway needed for that sort of momentum in the face of immediately higher prices, is not there.

[jon-nyc]

Good point from Alex Tabarrok, GMU colleague of Hanson, Caplan, and Cowen.

[Horace]

[Horace]

The stock market continues to hemorrhage bigly.

[xenon]

I’ve heard people say it’s all about confidence and optimism.

Perhaps investors think Trump doesn’t have the right temperament this time around.

Or maybe it’ll be fine tomorrow… who knows.

[Copper]

Every tariff discussion should be grounded in two key numbers: 50 and 33

Every tariff discussion should be grounded in one key question.

Does this tariff help in the coming war against China?

Lose that war, and the rest of this doesn't matter.

[Renauda]

@Copper said in Trumpenomics:

Every tariff discussion should be grounded in two key numbers: 50 and 33

Every tariff discussion should be grounded in one key question.

Does this tariff help in the coming war against China?

Lose that war, and the rest of this doesn't matter.

Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

[jon-nyc]

@Renauda said in Trumpenomics:

Would help too to your perfidious demagogue president would stop licking Putin’s ass.

Let's not rush to judgement. He may just be licking the base of his own pinky. You can't really tell.

[Copper]

@Renauda said in Trumpenomics:

@Copper said in Trumpenomics:

Every tariff discussion should be grounded in two key numbers: 50 and 33

Every tariff discussion should be grounded in one key question.

Does this tariff help in the coming war against China?

Lose that war, and the rest of this doesn't matter.

Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

You don't seem to be a friend.

Check your spelling.

[Doctor Phibes]

@Horace said in Trumpenomics:

The stock market continues to hemorrhage bigly.

Maybe it's all a cunning plan to make TruthSocial look more appealing than nVidia.

[Renauda]

@Copper said in Trumpenomics:

@Renauda said in Trumpenomics:

@Copper said in Trumpenomics:

Every tariff discussion should be grounded in two key numbers: 50 and 33

Every tariff discussion should be grounded in one key question.

Does this tariff help in the coming war against China?

Lose that war, and the rest of this doesn't matter.

Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

You don't seem to be a friend.

You’re right, I am not your friend and, by the way, your disingenuous head is still up your arse.

[jon-nyc]

He's alienating a lot of Trump voters on this.

[LuFins Dad]

@xenon said in Trumpenomics:

I’ve heard people say it’s all about confidence and optimism.

Perhaps investors think Trump doesn’t have the right temperament this time around.

Or maybe it’ll be fine tomorrow… who knows.

I have confidence and optimism that Trump will pivot if it looks like the market will continue to plummet…

[jon-nyc]

lol. Does everyone get the reference?

[Renauda]

@Copper

Check your spelling.

Sorry I missed that earlier.

Okay then, you tell me how to spell “wanker” in American. Better than anyone else here, you are the one who ought to know.

My spelling is fine thank you and every bit as good as your’s or anyone else’s here.

[Jolly]

@xenon said in Trumpenomics:

I’ve heard people say it’s all about confidence and optimism.

Perhaps investors think Trump doesn’t have the right temperament this time around.

Or maybe it’ll be fine tomorrow… who knows.

I think a lot of it is about perception. And stability.

[Jolly]

[LuFins Dad]

Nobody’s talking about gas.. I just filled up at $2.80 per gallon.