Trumpenomics
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I agree he doesn’t want to be known as the guy that destroyed the economy. I think the problem is he thinks these tariffs really will usher in a new era of American prosperity and that both the market and economic experts are just wrong.
@jon-nyc said in Trumpenomics:
I agree he doesn’t want to be known as the guy that destroyed the economy. I think the problem is he thinks these tariffs really will usher in a new era of American prosperity and that both the market and economic experts are just wrong.
Been saying he's channeling McKinley.
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The simple act of building the factories makes it impossible. You can reshore some critical manufacturing capabilities, but it will need some subsidizing and a lot of deregulation to get the factories up and running, and it will still require competition. While I still think American Car manufacturing is pretty piss poor, the Japanese competition did force them to get a little better…
@LuFins-Dad said in Trumpenomics:
The simple act of building the factories makes it impossible. You can reshore some critical manufacturing capabilities, but it will need some subsidizing and a lot of deregulation to get the factories up and running, and it will still require competition. While I still think American Car manufacturing is pretty piss poor, the Japanese competition did force them to get a little better…
Trump Admin is claiming $7T investment coming to America. I'm sure that's inflated, but look at the marching orders that went to the agencies about rules that have made up out of whole cloth. Washington should soon be in a deregulation frenzy.
Less regulation burdens, no tariffs, a Navy ship building program, etc. Maybe the world gets the hint we're in the business for business?
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I don't think we're deterring students from coming here, if they're coming to study.
You want to play justice warrior for your pet cause, especially using illegal protests to do so or protesting for a terrorist organization? I think your time in America will be brief and rightly so.
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I don't think we're deterring students from coming here, if they're coming to study.
You want to play justice warrior for your pet cause, especially using illegal protests to do so or protesting for a terrorist organization? I think your time in America will be brief and rightly so.
@Jolly said in Trumpenomics:
I don't think we're deterring students from coming here, if they're coming to study.
Sure we are.
If you are a foreign student looking to study abroad, and you have a choice of lets say, US, UK, Australia, etc. you may give less thought to the US, regardless if you are a pure angel or not.
I am guess that 4 years from now, foreign students in the US will have decreased by at least 10-20%.
US universities like them as they pay full amount to go to school. I know of quite a few Chinese students at schools like Univ. of IL, and they are all paying list price of USD$50K per year. (They may be getting some sort of subsidy from their home country, but not from the US school).
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@Jolly said in Trumpenomics:
I don't think we're deterring students from coming here, if they're coming to study.
Sure we are.
If you are a foreign student looking to study abroad, and you have a choice of lets say, US, UK, Australia, etc. you may give less thought to the US, regardless if you are a pure angel or not.
I am guess that 4 years from now, foreign students in the US will have decreased by at least 10-20%.
US universities like them as they pay full amount to go to school. I know of quite a few Chinese students at schools like Univ. of IL, and they are all paying list price of USD$50K per year. (They may be getting some sort of subsidy from their home country, but not from the US school).
@taiwan_girl said in Trumpenomics:
I am guess that 4 years from now, foreign students in the US will have decreased by at least 10-20%.
Good.
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@taiwan_girl said in Trumpenomics:
I am guess that 4 years from now, foreign students in the US will have decreased by at least 10-20%.
Good.
@Jolly said in Trumpenomics:
@taiwan_girl said in Trumpenomics:
I am guess that 4 years from now, foreign students in the US will have decreased by at least 10-20%.
Good.
Now that you think about it, Elon first came here with a student visa.
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American winemakers talk tariffs:
Will American winemakers win with tariffs? The ones we spoke with don't seem to think so.
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End of Q1 numbers. I will update as the missing ones come in, and plan on updating this every quarter. If anybody feels something else should be on here (economically), let me know.
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Cost of gas is down, even to $1.98! Umm the national average was $3.22 on 1/20 and $3.29 as of yesterday.
Cost of eggs have gone down 92%! They were $6.55 on 1/20 and $3.11 as of yesterday. Thats like 47%?
What idiots does he have feeding him data, I’m guessing only sycophants have access to him.
Link to video -
Link to video
TL;DR version:
- Delta: doesn’t want to pay tariffs on incoming Airbus aircraft; willing to delay taking delivery
- Airbus: OK, we accelerate delivery to other customers eager to take delivery earlier
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Thing is as China and America face off, it seems clear one has a massive advantage...
A country led by a brutal autocrat unmindful of his peoples suffering and perfectly willing to give up their living standards to win whatever the cost.
But Xi is a tough old bastard too so let's not write off China just yet. -
It's ironic since they'll be massacred in 2026 anyway, as if Trump's support will be helpful then. It'll be a repeat of 2018, but on Solfeggio steroids.
@89th said in Trumpenomics:
It's ironic since they'll be massacred in 2026 anyway, as if Trump's support will be helpful then. It'll be a repeat of 2018, but on Solfeggio steroids.
Why do you say that? Trump actually has a more people liking him than ever before and has fewer people disliking him than ever before…
I mean, it’s nuts, but it’s where we are at…
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The world trade war has yet to make its effects felt, beyond a dip in the stock market which is still pricing in some optimism that sanity will prevail.
@Horace said in Trumpenomics:
The world trade war has yet to make its effects felt, beyond a dip in the stock market which is still pricing in some optimism that sanity will prevail.
Okay. But, let’s lean into that optimism for a minute… What happens if over the next 60-80 days DJT does come to some new and more favorable trade deals? What happens if you see say another $1T in commitments to build new US factories? What happens to the market at that point? Especially if the tax cuts gets extended and the deregulation efforts take hold? What do you think the market looks like in September if we see these results?
I
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@Horace said in Trumpenomics:
The world trade war has yet to make its effects felt, beyond a dip in the stock market which is still pricing in some optimism that sanity will prevail.
Okay. But, let’s lean into that optimism for a minute… What happens if over the next 60-80 days DJT does come to some new and more favorable trade deals? What happens if you see say another $1T in commitments to build new US factories? What happens to the market at that point? Especially if the tax cuts gets extended and the deregulation efforts take hold? What do you think the market looks like in September if we see these results?
I
@LuFins-Dad said in Trumpenomics:
@Horace said in Trumpenomics:
The world trade war has yet to make its effects felt, beyond a dip in the stock market which is still pricing in some optimism that sanity will prevail.
Okay. But, let’s lean into that optimism for a minute… What happens if over the next 60-80 days DJT does come to some new and more favorable trade deals? What happens if you see say another $1T in commitments to build new US factories? What happens to the market at that point? Especially if the tax cuts gets extended and the deregulation efforts take hold? What do you think the market looks like in September if we see these results?
It's not clear to me how much actual room for improvement America had in these trade deals. The tariffs against us prior to Liberation Day do not seem to have amounted to much of importance. The hand waved non-tariff trade barriers are difficult to discuss, as they are not well defined, but they do not seem very important either.
As for factories, I think you have noted that they are a pipe dream.
Best case scenario where Trump rolls back all trade war stuff, an unlikely scenario, and China decides to forgive and forget? Sure, the market could regain its highs.
I expect a world trade war, if it's not called off by Trump, will affect a lot more than the stock market, though.
And I continue to believe that the reason for this trade war, is that Trump heard the word "deficit" in the phrase "trade deficit", some fateful day many decades ago, and got fixated on how bad that is. If only he'd been introduced to the concept with different words describing the same thing, a "capital surplus". History would have been different.
