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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • B bachophile
    16 Apr 2025, 10:38

    https://www.foxbusiness.com/markets/china-halts-boeing-jet-orders

    So now China is boycotting Boeing, presumably switching all their business to airbus. Planes parts service, the whole Monty.

    Boeing is in for a rough time, imagine losing all those orders, and Boeing factory people being layed off because of the lost market potential.

    D Offline
    D Offline
    Doctor Phibes
    wrote on 16 Apr 2025, 11:25 last edited by
    #680

    @bachophile said in Trumpenomics:

    https://www.foxbusiness.com/markets/china-halts-boeing-jet-orders

    So now China is boycotting Boeing, presumably switching all their business to airbus. Planes parts service, the whole Monty.

    Boeing is in for a rough time, imagine losing all those orders, and Boeing factory people being layed off because of the lost market potential.

    5D suicide chess.

    I was only joking

    1 Reply Last reply
    • M Away
      M Away
      Mik
      wrote on 16 Apr 2025, 11:44 last edited by
      #681

      Feldman cowrote this piece. Worth reading.

      https://www.piie.com/blogs/realtime-economics/2025/world-trading-system-dying-you-should-fear-its-replacement

      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

      H 1 Reply Last reply 16 Apr 2025, 12:39
      • M Mik
        16 Apr 2025, 11:44

        Feldman cowrote this piece. Worth reading.

        https://www.piie.com/blogs/realtime-economics/2025/world-trading-system-dying-you-should-fear-its-replacement

        H Offline
        H Offline
        Horace
        wrote on 16 Apr 2025, 12:39 last edited by
        #682

        @Mik said in Trumpenomics:

        Feldman cowrote this piece. Worth reading.

        https://www.piie.com/blogs/realtime-economics/2025/world-trading-system-dying-you-should-fear-its-replacement

        Good piece.

        I don't know how many people voted for the destruction of global trade. I didn't.

        Education is extremely important.

        1 Reply Last reply
        • M Away
          M Away
          Mik
          wrote on 16 Apr 2025, 12:42 last edited by
          #683

          Nor did I. The universal tariff thing threw me off. Maybe he thinks he's complying with GATT.

          If nothing else, though, this episode will educate more people on tariffs and trade.

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

          H 1 Reply Last reply 16 Apr 2025, 13:39
          • M Mik
            16 Apr 2025, 12:42

            Nor did I. The universal tariff thing threw me off. Maybe he thinks he's complying with GATT.

            If nothing else, though, this episode will educate more people on tariffs and trade.

            H Offline
            H Offline
            Horace
            wrote on 16 Apr 2025, 13:39 last edited by
            #684

            @Mik said in Trumpenomics:

            Nor did I. The universal tariff thing threw me off. Maybe he thinks he's complying with GATT.

            If nothing else, though, this episode will educate more people on tariffs and trade.

            Yep. Trump draws attention, and people are educated about politics and all things geopolitical, due to that attention. Some worry that the masses are learning all the wrong lessons, but I think the education has a lot of value.

            Education is extremely important.

            1 Reply Last reply
            • 8 Offline
              8 Offline
              89th
              wrote on 16 Apr 2025, 13:53 last edited by
              #685

              And we thought college was an expensive education!

              1 Reply Last reply
              • H Offline
                H Offline
                Horace
                wrote on 16 Apr 2025, 13:57 last edited by Horace
                #686

                His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.

                If the party of free markets going forward is the Democrats, so be it, I'll be voting Democrat. But a free market GOP would be preferable.

                Education is extremely important.

                D 1 Reply Last reply 16 Apr 2025, 15:11
                • K Offline
                  K Offline
                  kluurs
                  wrote on 16 Apr 2025, 15:06 last edited by
                  #687

                  Both parties have picked up some counterproductive alliances. Someone didn't remember "it's the economy, stupid" lesson from a while ago. Pretty soon, the economy will be the only issue. What's funny to me is that many (most?) people have yet to feel the impact of the tariffs. Ignorance, of which our nation has an abundance, is bliss.

                  1 Reply Last reply
                  • L Offline
                    L Offline
                    LuFins Dad
                    wrote on 16 Apr 2025, 15:09 last edited by
                    #688

                    Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.

                    The Brad

                    A J 2 Replies Last reply 16 Apr 2025, 16:16
                    • H Horace
                      16 Apr 2025, 13:57

                      His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.

                      If the party of free markets going forward is the Democrats, so be it, I'll be voting Democrat. But a free market GOP would be preferable.

                      D Offline
                      D Offline
                      Doctor Phibes
                      wrote on 16 Apr 2025, 15:11 last edited by Doctor Phibes
                      #689

                      @Horace said in Trumpenomics:

                      His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.

                      The right-left divide seems to be breaking down. It's all about Trump for both detractors and supporters. People who claim to be conservative are backing protectionism and government intervention, and obviously everybody who is left of center hates his guts so they won't support anything he does.

                      I was only joking

                      R 1 Reply Last reply 16 Apr 2025, 16:24
                      • L LuFins Dad
                        16 Apr 2025, 15:09

                        Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.

                        A Offline
                        A Offline
                        Axtremus
                        wrote on 16 Apr 2025, 16:16 last edited by
                        #690

                        @LuFins-Dad said in Trumpenomics:

                        The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.

                        Huh? What are you talking about?

                        L 1 Reply Last reply 16 Apr 2025, 18:25
                        • D Doctor Phibes
                          16 Apr 2025, 15:11

                          @Horace said in Trumpenomics:

                          His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.

                          The right-left divide seems to be breaking down. It's all about Trump for both detractors and supporters. People who claim to be conservative are backing protectionism and government intervention, and obviously everybody who is left of center hates his guts so they won't support anything he does.

                          R Offline
                          R Offline
                          Renauda
                          wrote on 16 Apr 2025, 16:24 last edited by Renauda
                          #691

                          @Doctor-Phibes

                          Yesterday TomK described Trump as a postmodern icon in this post:

                          https://nodebb.the-new-coffee-room.club/post/337049

                          I pursued Tom’s statement a bit further and found this article discussing that view. I don’t think it is off the mark. In fact it seems to be a common feature and we see it repeated time and again from Trump cultists.

                          For Trump, facts are primarily what one feels is, or should be, true. And what one feels is completely subjective.

                          https://thecritic.co.uk/trump-post-modernist/

                          Elbows up!

                          1 Reply Last reply
                          • L LuFins Dad
                            16 Apr 2025, 15:09

                            Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.

                            J Online
                            J Online
                            jon-nyc
                            wrote on 16 Apr 2025, 18:00 last edited by
                            #692

                            @LuFins-Dad said in Trumpenomics:

                            Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.

                            Win-win, IOW.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • A Axtremus
                              16 Apr 2025, 16:16

                              @LuFins-Dad said in Trumpenomics:

                              The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.

                              Huh? What are you talking about?

                              L Offline
                              L Offline
                              LuFins Dad
                              wrote on 16 Apr 2025, 18:25 last edited by
                              #693

                              @Axtremus said in Trumpenomics:

                              @LuFins-Dad said in Trumpenomics:

                              The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.

                              Huh? What are you talking about?

                              Protectionism, high tariffs, limited trade, government intervention in the free markets… these are all traditional positions of the “progressive” left and have traditionally been at odds with conservatives.

                              The Brad

                              1 Reply Last reply
                              • 8 Offline
                                8 Offline
                                89th
                                wrote on 16 Apr 2025, 19:47 last edited by
                                #694

                                The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.

                                Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                L D J 3 Replies Last reply 16 Apr 2025, 20:00
                                • 8 89th
                                  16 Apr 2025, 19:47

                                  The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.

                                  Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                  Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                  L Offline
                                  L Offline
                                  LuFins Dad
                                  wrote on 16 Apr 2025, 20:00 last edited by
                                  #695

                                  @89th said in Trumpenomics:

                                  I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                  Wrong. AOC is absolutely winning the polling right now.

                                  The Brad

                                  1 Reply Last reply
                                  • 8 89th
                                    16 Apr 2025, 19:47

                                    The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.

                                    Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                    Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                    D Offline
                                    D Offline
                                    Doctor Phibes
                                    wrote on 16 Apr 2025, 21:21 last edited by
                                    #696

                                    @89th said in Trumpenomics:

                                    Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                    The question is, does he really give a shit?

                                    I was only joking

                                    1 Reply Last reply
                                    • 8 89th
                                      16 Apr 2025, 19:47

                                      The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.

                                      Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                      Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                      J Offline
                                      J Offline
                                      Jolly
                                      wrote on 17 Apr 2025, 02:04 last edited by
                                      #697

                                      @89th said in Trumpenomics:

                                      The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.

                                      Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                      Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                      Generic question: Is what is good for the stock market the same thing as what is good for the country?

                                      “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

                                      H J 2 Replies Last reply 17 Apr 2025, 02:15
                                      • J Jolly
                                        17 Apr 2025, 02:04

                                        @89th said in Trumpenomics:

                                        The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.

                                        Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                        Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                        Generic question: Is what is good for the stock market the same thing as what is good for the country?

                                        H Offline
                                        H Offline
                                        Horace
                                        wrote on 17 Apr 2025, 02:15 last edited by
                                        #698

                                        @Jolly said in Trumpenomics:

                                        @89th said in Trumpenomics:

                                        The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.

                                        Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.

                                        Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...

                                        Generic question: Is what is good for the stock market the same thing as what is good for the country?

                                        I don't think that's the way 89th used the word "market".

                                        But the answer to the question is pretty close to "yes". It gives everybody with some income and ability to save, the opportunity to participate in the miracle of compound interest. That way lies the American dream, and there is no more accessible path to it.

                                        How do you suppose Dave Ramsey would answer that question?

                                        I am sure we can all stipulate that the stock market does not matter to people who do not save for their futures, and that they are people too, and that their lives matter. Maybe Trump's plans will be good for them, but then you'd be up against the difficult task of explaining how.

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • J Offline
                                          J Offline
                                          Jolly
                                          wrote on 17 Apr 2025, 02:21 last edited by
                                          #699

                                          Enjoy!

                                          When Lindell goes under, 1600 Americans lose their jobs.

                                          “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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