Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

Scheduled Pinned Locked Moved General Discussion
896 Posts 19 Posters 17.3k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • X Offline
    X Offline
    xenon
    wrote on last edited by
    #167

    I’m not saying it’s not a different flavor of incompetence.

    1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by
      #168

      Fifth fasted correction since 1950.

      IMG_3593.jpeg

      You were warned.

      LuFins DadL 1 Reply Last reply
      • HoraceH Horace

        Stock market? More like drop market.

        CopperC Offline
        CopperC Offline
        Copper
        wrote on last edited by
        #169

        @Horace said in Trumpenomics:

        Stock market? More like drop market.

        Not any more, today it is going up like a rocket!

        Let's all celebrate!

        Thanks to Mr. Trump!

        1 Reply Last reply
        • 89th8 Offline
          89th8 Offline
          89th
          wrote on last edited by
          #170

          IMG_2177.jpeg

          1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on last edited by
            #171

            North Dakota went big for Trump. Now many farmers say they face an uncertain future

            https://www.npr.org/2025/03/14/nx-s1-5320335/north-dakota-went-big-for-trump-now-many-farmers-say-they-face-an-uncertain-future

            As they get bit by tariffs, the North Dakota farmers who voted for Trump may be experiencing "buyer's remorse."

            CopperC 1 Reply Last reply
            • AxtremusA Axtremus

              North Dakota went big for Trump. Now many farmers say they face an uncertain future

              https://www.npr.org/2025/03/14/nx-s1-5320335/north-dakota-went-big-for-trump-now-many-farmers-say-they-face-an-uncertain-future

              As they get bit by tariffs, the North Dakota farmers who voted for Trump may be experiencing "buyer's remorse."

              CopperC Offline
              CopperC Offline
              Copper
              wrote on last edited by
              #172

              @Axtremus said in Trumpenomics:

              farmers say they face an uncertain future

              Was there ever a farmer who did not face an uncertain future?

              1 Reply Last reply
              • HoraceH Offline
                HoraceH Offline
                Horace
                wrote on last edited by
                #173

                I’ll be worried if the tariffs don’t drop his poll numbers noticeably.

                Education is extremely important.

                1 Reply Last reply
                • taiwan_girlT taiwan_girl

                  @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 Offline
                  N Offline
                  NobodySock
                  wrote on last edited by
                  #174

                  @taiwan_girl said in Trumpenomics:

                  @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.

                  If you lie good enough, you can become governor of a red state the very next election.

                  1 Reply Last reply
                  • jon-nycJ jon-nyc

                    Fifth fasted correction since 1950.

                    IMG_3593.jpeg

                    LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote on last edited by
                    #175

                    @jon-nyc said in Trumpenomics:

                    Fifth fasted correction since 1950.

                    IMG_3593.jpeg

                    That’s great news! It means everyone is investing in bonds, which is huge since we’re raising our debt and pretty soon no other countries will want to buy it! Winning at 5D Chess!

                    The Brad

                    1 Reply Last reply
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by Jolly
                      #176

                      If you lie good enough, you can become governor of a red state the very next election.

                      Or you can run for POTUS in the 2028 Democrat primaries.

                      Helps if you're half dead. Bring your own bongos.

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      1 Reply Last reply
                      • jon-nycJ Online
                        jon-nycJ Online
                        jon-nyc
                        wrote on last edited by
                        #177

                        Ha.

                        You were warned.

                        1 Reply Last reply
                        • HoraceH Offline
                          HoraceH Offline
                          Horace
                          wrote on last edited by
                          #178

                          Good take from Larry Summers, starting at 9:30.

                          Link to video

                          Education is extremely important.

                          1 Reply Last reply
                          • jon-nycJ Online
                            jon-nycJ Online
                            jon-nyc
                            wrote on last edited by
                            #179

                            Funny how they never claimed the stock market was "overvalued" during the late Biden administration, the fall campaign, the transition, or even Trump's first month when he promised immediate prosperity.

                            But his tariffs cause a 10% freefall and suddenly "corrections are healthy."

                            IMG_3668.jpeg

                            You were warned.

                            LuFins DadL 1 Reply Last reply
                            • HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote on last edited by
                              #180

                              There was always a fair case to be made that the market was overvalued (and continues to be). But that doesn't mean that this correction has anything to do with anything other than the chaos tariffs.

                              Education is extremely important.

                              jon-nycJ 1 Reply Last reply
                              • jon-nycJ jon-nyc

                                Funny how they never claimed the stock market was "overvalued" during the late Biden administration, the fall campaign, the transition, or even Trump's first month when he promised immediate prosperity.

                                But his tariffs cause a 10% freefall and suddenly "corrections are healthy."

                                IMG_3668.jpeg

                                LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #181

                                @jon-nyc said in Trumpenomics:

                                Funny how they never claimed the stock market was "overvalued" during the late Biden administration, the fall campaign, the transition, or even Trump's first month when he promised immediate prosperity.

                                But his tariffs cause a 10% freefall and suddenly "corrections are healthy."

                                IMG_3668.jpeg

                                That’s willfully ignoring many posts and links from @Jolly over that time discussing the real estate bubble and way out of proportion PE Ratios. There were discussions about why Buffett was holding so much cash, and several times there were links provided where Trump himself was stating there was a likely recession coming and he almost didn’t want the job because of the predicted downturn.

                                All that being said, as @Horace pointed out, we are all still blaming the current fall on the Trump Tariff Tangent, and it’s likely not a true correction. We will have to wait and see.

                                The Brad

                                1 Reply Last reply
                                • HoraceH Horace

                                  There was always a fair case to be made that the market was overvalued (and continues to be). But that doesn't mean that this correction has anything to do with anything other than the chaos tariffs.

                                  jon-nycJ Online
                                  jon-nycJ Online
                                  jon-nyc
                                  wrote on last edited by jon-nyc
                                  #182

                                  @Horace said in Trumpenomics:

                                  There was always a fair case to be made that the market was overvalued (and continues to be). But that doesn't mean that this correction has anything to do with anything other than the chaos tariffs.

                                  My point was they (Trump and his financial team) never even hinted that they believed that before the Trump sell off.

                                  You were warned.

                                  HoraceH 1 Reply Last reply
                                  • X Offline
                                    X Offline
                                    xenon
                                    wrote on last edited by
                                    #183

                                    Existing over valuation - if it were real - makes the situation worse.

                                    The fed will use its dry powder to combat the tariff-induced slowdown. When (if) the real slowdown comes, we’re extra fucked.

                                    1 Reply Last reply
                                    • jon-nycJ jon-nyc

                                      @Horace said in Trumpenomics:

                                      There was always a fair case to be made that the market was overvalued (and continues to be). But that doesn't mean that this correction has anything to do with anything other than the chaos tariffs.

                                      My point was they (Trump and his financial team) never even hinted that they believed that before the Trump sell off.

                                      HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by
                                      #184

                                      @jon-nyc said in Trumpenomics:

                                      @Horace said in Trumpenomics:

                                      There was always a fair case to be made that the market was overvalued (and continues to be). But that doesn't mean that this correction has anything to do with anything other than the chaos tariffs.

                                      My point was they (Trump and his financial team) never even hinted that they believed that before the Trump sell off.

                                      I took your point, that they are using situational rhetoric. That would be ubiquitous in all of politics.

                                      Education is extremely important.

                                      1 Reply Last reply
                                      • HoraceH Offline
                                        HoraceH Offline
                                        Horace
                                        wrote on last edited by
                                        #185

                                        I wonder how much money will go to the coffers through these tariffs. It seems like that's never talked about. I'm not sure it's even budgeted in the deficit forecasts. Of course, nobody knows what the tariffs will be, so there's good reason not to budget them.

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • X Offline
                                          X Offline
                                          xenon
                                          wrote on last edited by
                                          #186

                                          Current total tariffable trade is $4T. At 25% that’d be $1T.

                                          But either the tariffs are about stopping imports to stimulate domestic producers or it’s about raising revenue. Can’t be both.

                                          HoraceH jon-nycJ 2 Replies Last reply
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups