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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • 89th8 Offline
    89th8 Offline
    89th
    wrote on last edited by
    #124

    LOL oh the things that can be said on Fox

    1 Reply Last reply
    • 89th8 Offline
      89th8 Offline
      89th
      wrote on last edited by
      #125

      Reminds me of this:

      https://www.reddit.com/r/familyguy/comments/164xjd5/in_too_good_of_shape/

      1 Reply Last reply
      • 89th8 Offline
        89th8 Offline
        89th
        wrote on last edited by
        #126

        And then you have Secretary Nutlick... does he know how tariffs work? I tried finding the clip in context to see if there was more detail but I can't find it.

        https://www.reddit.com/r/PublicFreakout/comments/1j8j1bv/us_commerce_grifter_secretary_howard_lutnick_puts/

        RenaudaR 1 Reply Last reply
        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote on last edited by
          #127

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • 89th8 Offline
            89th8 Offline
            89th
            wrote on last edited by
            #128

            At this point I'd love a powerpoint presentation to explain how this is all going to make America great again. Not even sarcastic... I am genuinely confused. If this is about protecting domestic production until it can replace the imports, the Trump/Nutlick team would be wise to read this summary (it's not political, btw...) especially Section II: https://www.reddit.com/r/Economics/wiki/faq_protectionism_and_development/#wiki_section_ii.3A_an_overview_of_the_infant_industry_argument

            1 Reply Last reply
            • taiwan_girlT Online
              taiwan_girlT Online
              taiwan_girl
              wrote on last edited by taiwan_girl
              #129

              Pre-inaugeration
              “Everyone is calling it the — I don’t want to say this, it’s too braggadocious, but we’ll say it anyway — the Trump effect." Trump said at a rally with supporters. “Since the election, the stock market has surged, and small-business optimism has soared a record 41 points to a 39-year high. Bitcoin has shattered one record high after another.”

              Post Inaugeration
              “I was very proud to have handed over the country when the stock market was higher than it was, previous to the pandemic coming in,” he said in a Fox News interview Feb. 9. “It was an amazing achievement.”

              “The stock market is going to be great,” he told the crowd at an investor conference Feb. 19.

              Now
              “You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters.”

              HoraceH 1 Reply Last reply
              • jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote on last edited by
                #130

                They want to end standardized testing.

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • 89th8 89th

                  And then you have Secretary Nutlick... does he know how tariffs work? I tried finding the clip in context to see if there was more detail but I can't find it.

                  https://www.reddit.com/r/PublicFreakout/comments/1j8j1bv/us_commerce_grifter_secretary_howard_lutnick_puts/

                  RenaudaR Offline
                  RenaudaR Offline
                  Renauda
                  wrote on last edited by Renauda
                  #131

                  @89th

                  And then you have Secretary Nutlick...

                  Nutlick.

                  I’m stealing that. 😂

                  Elbows up!

                  1 Reply Last reply
                  • taiwan_girlT taiwan_girl

                    Pre-inaugeration
                    “Everyone is calling it the — I don’t want to say this, it’s too braggadocious, but we’ll say it anyway — the Trump effect." Trump said at a rally with supporters. “Since the election, the stock market has surged, and small-business optimism has soared a record 41 points to a 39-year high. Bitcoin has shattered one record high after another.”

                    Post Inaugeration
                    “I was very proud to have handed over the country when the stock market was higher than it was, previous to the pandemic coming in,” he said in a Fox News interview Feb. 9. “It was an amazing achievement.”

                    “The stock market is going to be great,” he told the crowd at an investor conference Feb. 19.

                    Now
                    “You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters.”

                    HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote on last edited by
                    #132

                    @taiwan_girl said in Trumpenomics:

                    Pre-inaugeration
                    “Everyone is calling it the — I don’t want to say this, it’s too braggadocious, but we’ll say it anyway — the Trump effect." Trump said at a rally with supporters. “Since the election, the stock market has surged, and small-business optimism has soared a record 41 points to a 39-year high. Bitcoin has shattered one record high after another.”

                    Post Inaugeration
                    “I was very proud to have handed over the country when the stock market was higher than it was, previous to the pandemic coming in,” he said in a Fox News interview Feb. 9. “It was an amazing achievement.”

                    “The stock market is going to be great,” he told the crowd at an investor conference Feb. 19.

                    Now
                    > “You can’t really watch the stock market,” Trump said in an interview that aired Sunday on Fox News. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters.”

                    I'm not really sensing a plan with these tariffs that will pan out within Maga's timeline, which isn't quarters, but which certainly is 2 years or 4 years at most.

                    Education is extremely important.

                    1 Reply Last reply
                    • RenaudaR Offline
                      RenaudaR Offline
                      Renauda
                      wrote on last edited by
                      #133

                      Governance by ADHD decree.

                      Elbows up!

                      1 Reply Last reply
                      • 89th8 Offline
                        89th8 Offline
                        89th
                        wrote on last edited by 89th
                        #134

                        "Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF

                        Of course she snips at the AP at the end of it.

                        Around 56:45 -

                        Link to video

                        taiwan_girlT jon-nycJ 2 Replies Last reply
                        • 89th8 Offline
                          89th8 Offline
                          89th
                          wrote on last edited by
                          #135

                          Also, a bit ironic there is a "DOW Watch" visual on the screen watching markets tank as these policies are implemented.

                          1 Reply Last reply
                          • jon-nycJ Online
                            jon-nycJ Online
                            jon-nyc
                            wrote on last edited by
                            #136

                            She should be banned from the White House press room. Didn’t they say they wouldn’t tolerate anyone spreading lies to the American people?

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote on last edited by
                              #137

                              The whole administration needs to provide a unified front that tariffs are actually a good idea, otherwise the negotiating tactic for better trade deals is toothless. I mean, that's the only way to look at it that makes any sense.

                              Education is extremely important.

                              1 Reply Last reply
                              • 89th8 89th

                                "Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF

                                Of course she snips at the AP at the end of it.

                                Around 56:45 -

                                Link to video

                                taiwan_girlT Online
                                taiwan_girlT Online
                                taiwan_girl
                                wrote on last edited by
                                #138

                                @89th said in Trumpenomics:

                                "Tariffs are a tax a tax hike on foreign countries. Tariffs are a tax cut for the American people."

                                Press secretary has to be one of the worst jobs I would not want.

                                N 1 Reply Last reply
                                • 89th8 Offline
                                  89th8 Offline
                                  89th
                                  wrote on last edited by
                                  #139

                                  I'm not being sarcastic, but has anyone asked the President who pays the tariff? Does he realize it's the consumer (via the importing company)? Like, is there a video where he clearly explains the purpose of all these unforced political errors?

                                  1 Reply Last reply
                                  • 89th8 89th

                                    "Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF

                                    Of course she snips at the AP at the end of it.

                                    Around 56:45 -

                                    Link to video

                                    jon-nycJ Online
                                    jon-nycJ Online
                                    jon-nyc
                                    wrote on last edited by
                                    #140

                                    @89th said in Trumpenomics:

                                    "Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF

                                    Of course she snips at the AP at the end of it.

                                    a good summary.

                                    For those who do not follow economics, here's basically what happened:

                                    Leavitt: 2+2=Purple.
                                    AP Reporter: I have a calculator and 2+2=4.
                                    Leavitt: How DARE you insult my math skills!
                                    Conservative Media: White House DESTROYS disrespectful and un-American AP reporter.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    taiwan_girlT 2 Replies Last reply
                                    • jon-nycJ jon-nyc

                                      @89th said in Trumpenomics:

                                      "Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF

                                      Of course she snips at the AP at the end of it.

                                      a good summary.

                                      For those who do not follow economics, here's basically what happened:

                                      Leavitt: 2+2=Purple.
                                      AP Reporter: I have a calculator and 2+2=4.
                                      Leavitt: How DARE you insult my math skills!
                                      Conservative Media: White House DESTROYS disrespectful and un-American AP reporter.

                                      taiwan_girlT Online
                                      taiwan_girlT Online
                                      taiwan_girl
                                      wrote on last edited by
                                      #141

                                      @jon-nyc LOL

                                      But true.

                                      1 Reply Last reply
                                      • LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #142

                                        Shapiro has been going off on Trump’s tariff policy and the general populist MAGA underpinnings.

                                        The Brad

                                        1 Reply Last reply
                                        • X Offline
                                          X Offline
                                          xenon
                                          wrote on last edited by
                                          #143

                                          I’ve been listening to him too lately. He’s such a case study in audience capture. He knows better than all this.

                                          He was a big Trump booster during the election this time - his position was that Trump wouldn’t do a lot of the things he’s now doing.

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