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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote on last edited by
    #300

    Someone once said that Maga analysis comes in two forms: ‘Trump is DESTROYING his enemies’ and ‘Mr Trump is being treated very unfairly’. Nothing in between.

    Only non-witches get due process.

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

      Someone once said that Maga analysis comes in two forms: ‘Trump is DESTROYING his enemies’ and ‘Mr Trump is being treated very unfairly’. Nothing in between.

      Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote on last edited by
      #301

      @jon-nyc said in Trumpenomics:

      Someone once said that Maga analysis comes in two forms: ‘Trump is DESTROYING his enemies’ and ‘Mr Trump is being treated very unfairly’. Nothing in between.

      I imagine the MAGA people are very disappointed in how disloyal Wall Street is currently being.

      I was only joking

      LuFins DadL 1 Reply Last reply
      • Doctor PhibesD Doctor Phibes

        @jon-nyc said in Trumpenomics:

        Someone once said that Maga analysis comes in two forms: ‘Trump is DESTROYING his enemies’ and ‘Mr Trump is being treated very unfairly’. Nothing in between.

        I imagine the MAGA people are very disappointed in how disloyal Wall Street is currently being.

        LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote on last edited by
        #302

        @Doctor-Phibes said in Trumpenomics:

        @jon-nyc said in Trumpenomics:

        Someone once said that Maga analysis comes in two forms: ‘Trump is DESTROYING his enemies’ and ‘Mr Trump is being treated very unfairly’. Nothing in between.

        I imagine the MAGA people are very disappointed in how disloyal Wall Street is currently being.

        I think the best thing we can do at this point is to nationalize the stock market.

        The Brad

        1 Reply Last reply
        • HoraceH Offline
          HoraceH Offline
          Horace
          wrote on last edited by
          #303

          Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

          Education is extremely important.

          LuFins DadL Doctor PhibesD 2 Replies Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by
            #304

            Only non-witches get due process.

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

              JollyJ Offline
              JollyJ Offline
              Jolly
              wrote on last edited by
              #305

              @jon-nyc said in Trumpenomics:

              It's not current market conditions. They've been consolidating and off-shoring for quite some time.

              “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
              • 89th8 Online
                89th8 Online
                89th
                wrote on last edited by
                #306

                Whirlpool is an appropriate image right now

                1 Reply Last reply
                • JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #307

                  And lads and lassies, let me truly invigorate you...Anybody who puts all of his eggs in one (stockmarket) basket is a fool. The market will go up and it will go down.

                  I understand what Trump is trying to do. I do not know if it will work. It is an attempt to grow the middle class into something more like what the country was when blue collar workers without extensive training could still make enough money to afford a small house and a used car.

                  It is also strategic. You cannot depend on steel, aluminum, chips, etc, for national defense, when those commodities come from adversarial nations or nations prone to a threat of instability.

                  “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

                  HoraceH 1 Reply Last reply
                  • RenaudaR Offline
                    RenaudaR Offline
                    Renauda
                    wrote on last edited by Renauda
                    #308

                    It is also strategic. You cannot depend on steel, aluminum….when those commodities come from adversarial nations or nations prone to a threat of instability.

                    I beg your pardon, Foghorn, but the major source of steel and aluminum imports into the US is Canada.

                    Stop with your bullshit. You understand sweet fuck all. In fact you’re like a blind queer at a weenie roast on this- you don’t know what the hell is happening out there. You’re just making shit up while you carry the water Trumpigula’s catheter bag.

                    Elbows up!

                    1 Reply Last reply
                    • JollyJ Jolly

                      And lads and lassies, let me truly invigorate you...Anybody who puts all of his eggs in one (stockmarket) basket is a fool. The market will go up and it will go down.

                      I understand what Trump is trying to do. I do not know if it will work. It is an attempt to grow the middle class into something more like what the country was when blue collar workers without extensive training could still make enough money to afford a small house and a used car.

                      It is also strategic. You cannot depend on steel, aluminum, chips, etc, for national defense, when those commodities come from adversarial nations or nations prone to a threat of instability.

                      HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote on last edited by
                      #309

                      @Jolly said in Trumpenomics:

                      And lads and lassies, let me truly invigorate you...Anybody who puts all of his eggs in one (stockmarket) basket is a fool. The market will go up and it will go down.

                      It's where 401ks and IRAs generally are, and that touches a huge swath of people. And it is the report card of corporate health in America, which is where the jobs come from. It is a huge deal, and acknowledging that does not depend on anybody having all their eggs in a single basket.

                      All that said, one would be hard pressed to find a better vehicle for wealth generation than the stock market, over any of our lifetimes. Folksy wisdom about diversification into "something else" would be difficult to justify with historical results. Admittedly, gold has actually held up well over the past 25 years compared to the stock market. Real estate hasn't.

                      Education is extremely important.

                      1 Reply Last reply
                      • JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #310

                        Farmland. Good farmland.

                        Has outperformed the stockmarket since about 1900, IIRC.

                        “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

                        Doctor PhibesD HoraceH 2 Replies Last reply
                        • JollyJ Jolly

                          Farmland. Good farmland.

                          Has outperformed the stockmarket since about 1900, IIRC.

                          Doctor PhibesD Offline
                          Doctor PhibesD Offline
                          Doctor Phibes
                          wrote on last edited by Doctor Phibes
                          #311

                          @Jolly said in Trumpenomics:

                          Farmland. Good farmland.

                          That would certainly explain the smell.

                          I was only joking

                          1 Reply Last reply
                          • JollyJ Jolly

                            Farmland. Good farmland.

                            Has outperformed the stockmarket since about 1900, IIRC.

                            HoraceH Offline
                            HoraceH Offline
                            Horace
                            wrote on last edited by
                            #312

                            @Jolly said in Trumpenomics:

                            Farmland. Good farmland.

                            Has outperformed the stockmarket since about 1900, IIRC.

                            Ok, invest in farmland REITs. But that would still be the stock market. And if the REITs aren't the same thing as "investing in good farmland", then I wonder if you're talking about a business involving the ownership of farmland, rather than a set it and forget it investment. My dad's family farm did not exactly make anybody rich, not while they were farming it and not after they sold it, I can tell you that.

                            Education is extremely important.

                            1 Reply Last reply
                            • Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by
                              #313

                              For years, they've been telling us not to rely on Social Security, and invest in 401K's. Now they're fucking the market up for the greater good and yet somehow we're the fools.

                              I was only joking

                              1 Reply Last reply
                              • HoraceH Horace

                                Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #314

                                @Horace said in Trumpenomics:

                                Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                Hey, I get a percentage of every sale I make. I’m sure I can twist that to come across as I just got a raise…

                                The Brad

                                1 Reply Last reply
                                • LuFins DadL Offline
                                  LuFins DadL Offline
                                  LuFins Dad
                                  wrote on last edited by
                                  #315

                                  So… Does anybody think new American piano manufacturing will open up? Does European pianos going up so much allow Steinway to raise their prices? Digital pianos just got a lot more expensive, too.

                                  The Brad

                                  1 Reply Last reply
                                  • HoraceH Horace

                                    Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                    Doctor PhibesD Offline
                                    Doctor PhibesD Offline
                                    Doctor Phibes
                                    wrote on last edited by Doctor Phibes
                                    #316

                                    @Horace said in Trumpenomics:

                                    You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                    How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                                    You know what they say about generals preparing to fight the last war....

                                    I was only joking

                                    HoraceH 1 Reply Last reply
                                    • Doctor PhibesD Doctor Phibes

                                      @Horace said in Trumpenomics:

                                      You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                      How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                                      You know what they say about generals preparing to fight the last war....

                                      HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by
                                      #317

                                      @Doctor-Phibes said in Trumpenomics:

                                      @Horace said in Trumpenomics:

                                      You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                      How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                                      You know what they say about generals preparing to fight the last war....

                                      Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                                      Education is extremely important.

                                      Doctor PhibesD LuFins DadL 2 Replies Last reply
                                      • HoraceH Horace

                                        @Doctor-Phibes said in Trumpenomics:

                                        @Horace said in Trumpenomics:

                                        You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                        How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                                        You know what they say about generals preparing to fight the last war....

                                        Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                                        Doctor PhibesD Offline
                                        Doctor PhibesD Offline
                                        Doctor Phibes
                                        wrote on last edited by
                                        #318

                                        @Horace said in Trumpenomics:

                                        Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                                        The fathers of many politicians were toolmakers.

                                        I was only joking

                                        1 Reply Last reply
                                        • HoraceH Horace

                                          @Doctor-Phibes said in Trumpenomics:

                                          @Horace said in Trumpenomics:

                                          You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                          How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                                          You know what they say about generals preparing to fight the last war....

                                          Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                                          LuFins DadL Offline
                                          LuFins DadL Offline
                                          LuFins Dad
                                          wrote on last edited by
                                          #319

                                          @Horace said in Trumpenomics:

                                          @Doctor-Phibes said in Trumpenomics:

                                          @Horace said in Trumpenomics:

                                          You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.

                                          How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?

                                          You know what they say about generals preparing to fight the last war....

                                          Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.

                                          I’ll disagree with you, there.

                                          The Brad

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