Trumpenomics
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@jon-nyc said in Trumpenomics:
What’s your over/under on “greedy corporations” becoming a MAGA talking point?
It's always a talking point, by any politician seeking a vote.
Betting on the ubiquitous is a pretty safe bet.
“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
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This man used a fake emergency to pass the largest peacetime tax hike in history. He took all that money and put it on red. And there’s no red on the wheel. I don’t understand how anyone with a cursory understanding of the constitution is ok with this.
The best case scenario is some bullshit art of the deal where he uses these fake tariffs to give everyone a blanket 10%.
Oh well, the whole world is on this sinking ship together.
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@LuFins-Dad said in Trumpenomics:
@Horace said in Trumpenomics:
The fact that the market plunged after he announced the tariffs, is proof that very few people thought he'd do this. If they thought he'd do this, it would have been priced in after he was elected. The idea that Trump cared about the stock market, was generally agreed upon.
In a way, I think that’s what made this necessary. IF this is about leverage, then it wouldn’t be a very good tool if nobody thought he would really go through with it. To his way of thinking he had no choice. I still think it’s entirely possible that within 2 weeks there are a number of reworked trade deals and things are looking far rosier. You’ll see a handful of promises to restore manufacturing and the markets will be euphoric for a few weeks.
That would be nice, but I am not optimistic. I do think some very high tariffs will be reduced through negotiations, but I don't know if the flat 10% across the board will be negotiable. I will watch the Vietnam thing, to get an indicator if Trump is willing to reduce tariffs below 10% on any country.
Since these are not real reciprocal tariffs, a country can't simply reduce tariffs on America to zero, and expect America to reciprocate that.
I think Trump is really excited about this revenue. It's like he's living out the fantasy of someone who bought a bridge, and will now charge the tolls.
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@jon-nyc said in Trumpenomics:
What’s your over/under on “greedy corporations” becoming a MAGA talking point?
It's always a talking point, by any politician seeking a vote.
Betting on the ubiquitous is a pretty safe bet.
@Jolly said in Trumpenomics:
@jon-nyc said in Trumpenomics:
What’s your over/under on “greedy corporations” becoming a MAGA talking point?
It's always a talking point, by any politician seeking a vote.
Betting on the ubiquitous is a pretty safe bet.
Except no it isn’t. Did W ever say it? Trump in his first term?
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I think they did, in one form or another.
Now, prove me wrong.
“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
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@jon-nyc said in Trumpenomics:
What’s your over/under on “greedy corporations” becoming a MAGA talking point?
That started last week. Remember, Trump is the union candidate.
The Brad
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@Jolly said in Trumpenomics:
I think they did, in one form or another.
Now, prove me wrong.
You only think they did ?
Let me inform you that with that lame ass response the onus is on you to offer jon proof that you are correct. Not other way round as you insist.
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Every President since Teddy Roosevelt has secretly blamed The Jews for everything.
Prove me wrong.
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@jon-nyc said in Trumpenomics:
What’s your over/under on “greedy corporations” becoming a MAGA talking point?
That started last week. Remember, Trump is the union candidate.
@LuFins-Dad said in Trumpenomics:
@jon-nyc said in Trumpenomics:
What’s your over/under on “greedy corporations” becoming a MAGA talking point?
……. Remember, Trump is the union candidate.
For the expediency of the moment. Sooner or later he will turn against organized labour. Cost of labour in the US is far too high for what he thinks he is trying to accomplish.
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I've been worried about the non-tariff retaliations myself. I can see countries saying - we're done with google, meta and amazon. Not allowed here.
@xenon said in Trumpenomics:
I've been worried about the non-tariff retaliations myself. I can see countries saying - we're done with google, meta and amazon. Not allowed here.
BC is still pondering whether to toll US truck transport using provincial highways and roads en route to Alaska. It has had to rewrite - for good reason, I might add - much of the legislation it had drafted two weeks ago that among other retaliatory measures, would have to enabled BC to levy tolls on all US commercial vehicles using BC roadways to Alaska.
