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The New Coffee Room

  1. TNCR
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  3. Trumpenomics

Trumpenomics

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  • taiwan_girlT Offline
    taiwan_girlT Offline
    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 Online
          HoraceH Online
          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 Online
                    HoraceH Online
                    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 Offline
                      taiwan_girlT Offline
                      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 Offline
                            taiwan_girlT Offline
                            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.

                                1 Reply Last reply
                                • jon-nycJ Online
                                  jon-nycJ Online
                                  jon-nyc
                                  wrote on last edited by jon-nyc
                                  #144

                                  Re audience capture, I remember a number of years ago hearing him with Sam Harris and thinking he was an intelligent guy who I didn’t always agree with but he made sense. Then I listened to him on his own podcast. For about five minutes. Oy.

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  1 Reply Last reply
                                  • HoraceH Online
                                    HoraceH Online
                                    Horace
                                    wrote on last edited by
                                    #145

                                    I read LD's post as Shapiro being unhappy with the tariffs. What is Shapiro saying?

                                    Education is extremely important.

                                    1 Reply Last reply
                                    • 89th8 Offline
                                      89th8 Offline
                                      89th
                                      wrote on last edited by
                                      #146

                                      I think basically that the Trump's tariff chaos and the "withdrawal from global commerce" (not really, but the general feeling) is not going to result in a good outcome for America or the world. It's a lose-lose strategy. I only listened to it a little, so @LuFins-Dad correct me please.

                                      1 Reply Last reply
                                      • HoraceH Online
                                        HoraceH Online
                                        Horace
                                        wrote on last edited by
                                        #147

                                        Not sure where Xenon's post is coming from, then.

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • X Offline
                                          X Offline
                                          xenon
                                          wrote on last edited by
                                          #148

                                          He’s against tariffs.

                                          I was talking about the longer arc of the last few years for him. Used to like his podcast during Trump term 1. Sometimes he’d agree and many times he’d disagree with the administration.

                                          He slowly moved to almost lockstep predictable positions… since that’s where his audience had presumably moved to.

                                          HoraceH 1 Reply Last reply
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