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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • 8 Online
    8 Online
    89th
    wrote 3 days ago last edited by
    #908

    I've enjoyed Stossel's segments ever since his "give me a break" segments during 20/20 back in the 90's.

    1 Reply Last reply
    • J Online
      J Online
      jon-nyc
      wrote 3 days ago last edited by
      #909

      I’ve been reading him at Reason for years.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      1 Reply Last reply
      • C Offline
        C Offline
        Copper
        wrote 3 days ago last edited by Copper
        #910

        The importer doesn't like tariffs.

        Wow.

        H D 2 Replies Last reply 3 days ago
        • C Copper
          3 days ago

          The importer doesn't like tariffs.

          Wow.

          H Offline
          H Offline
          Horace
          wrote 3 days ago last edited by
          #911

          @Copper said in Trumpenomics:

          The importer doesn't like tariffs.

          Wow.

          It's so typical that when you punch someone in the face, they'll just whine about how much it hurt. They have no idea how predictable and tedious that whining is. It happens almost every time someone gets punched in the face.

          Education is extremely important.

          R 1 Reply Last reply 3 days ago
          • C Copper
            3 days ago

            The importer doesn't like tariffs.

            Wow.

            D Offline
            D Offline
            Doctor Phibes
            wrote 3 days ago last edited by
            #912

            @Copper said in Trumpenomics:

            The importer doesn't like tariffs.

            Wow.

            Copper doesn't like it when people criticise President Trump.

            Wow.

            I was only joking

            1 Reply Last reply
            • H Horace
              3 days ago

              @Copper said in Trumpenomics:

              The importer doesn't like tariffs.

              Wow.

              It's so typical that when you punch someone in the face, they'll just whine about how much it hurt. They have no idea how predictable and tedious that whining is. It happens almost every time someone gets punched in the face.

              R Offline
              R Offline
              Renauda
              wrote 3 days ago last edited by Renauda
              #913

              @Horace said in Trumpenomics:

              @Copper said in Trumpenomics:

              The importer doesn't like tariffs.

              Wow.

              It's so typical that when you punch someone in the face, they'll just whine about how much it hurt. They have no idea how predictable and tedious that whining is. It happens almost every time someone gets punched in the face.

              Then just throw him an elbow to the head and keep your eye on the play. Works for me.

              Elbows up!

              1 Reply Last reply
              • C Offline
                C Offline
                Copper
                wrote 3 days ago last edited by Copper
                #914

                Better than Pete Rose, and still alive. (The rumor is that Mr. Trump got the ban lifted).

                image.png

                1 Reply Last reply
                • J Online
                  J Online
                  jon-nyc
                  wrote 3 days ago last edited by jon-nyc
                  #915

                  One out of four of those is actually true.

                  Welcome home, Edan.

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • R Offline
                    R Offline
                    Renauda
                    wrote 2 days ago last edited by
                    #916

                    Edan should be thanking Copper. Profusely thanking Copper.

                    Elbows up!

                    1 Reply Last reply
                    • J Online
                      J Online
                      jon-nyc
                      wrote 2 days ago last edited by
                      #917

                      And the Indians and Pakistanis that are suffering from radiation burns from the nuclear conflict they experienced should thank him too. VP Shillbilly and Copper. Both of them.

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      1 Reply Last reply
                      • D Offline
                        D Offline
                        Doctor Phibes
                        wrote 2 days ago last edited by
                        #918

                        OMG HE STOPPED FENTANYL!

                        HE WON THE WAR ON DRUGS.

                        I was only joking

                        1 Reply Last reply
                        • J Online
                          J Online
                          jon-nyc
                          wrote 2 days ago last edited by
                          #919

                          This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

                          They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          H 1 Reply Last reply 2 days ago
                          • J jon-nyc
                            2 days ago

                            This jives with what I gleaned from a call with the CIO of Merrill about a week ago. They have access to all the BofA retail info which touches about a quarter of all consumers.

                            They said that the top 10% of earners’ spending is up 7% yoy while the bottom 90% have been retrenching.

                            H Offline
                            H Offline
                            Horace
                            wrote 2 days ago last edited by
                            #920

                            No reason to be cautious, with all those factory jobs coming. I'd be spending like a drunken sailor. Like a drunken sailor who was about to get a sweet factory job.

                            Education is extremely important.

                            1 Reply Last reply
                            • J Online
                              J Online
                              jon-nyc
                              wrote 2 days ago last edited by
                              #921

                              I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              A 1 Reply Last reply a day ago
                              • A Away
                                A Away
                                Axtremus
                                wrote a day ago last edited by
                                #922

                                It's unprecedented! It's historical!

                                https://www.washingtonpost.com/business/2025/05/14/trump-tariffs-china-trade/

                                Since the inauguration on Jan. 20, Trump administration officials have announced new or revised tariff policies more than 50 times, according to a tally by The Washington Post. (A separate tally by Reed Smith, a law firm, has found about 55 such actions.) Trump has issued more than a dozen tariff-related executive orders, or about one per week ..:

                                1 Reply Last reply
                                • J jon-nyc
                                  2 days ago

                                  I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                                  A Away
                                  A Away
                                  Axtremus
                                  wrote a day ago last edited by
                                  #923

                                  @jon-nyc said in Trumpenomics:

                                  I’ll admit to being a little surprised. It’s not obvious why they should have been retrenching in Q1. The fear of tariff-related inflation and job losses is more of a future concern. You’d also expect higher income people to be more clued in on the risks than the common man.

                                  Common men fear for the future and tighten belts right away; higher income people say let's buy more and stock up before tariffs get real?

                                  1 Reply Last reply
                                  • J Online
                                    J Online
                                    jon-nyc
                                    wrote a day ago last edited by jon-nyc
                                    #924

                                    Sure, but that assumes the common man and the higher income folks both have similar intuitions that tariffs are going to harm them economically in the immediate future.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • 8 Online
                                      8 Online
                                      89th
                                      wrote about 8 hours ago last edited by
                                      #925

                                      Link to video

                                      1 Reply Last reply
                                      • J Online
                                        J Online
                                        jon-nyc
                                        wrote about 3 hours ago last edited by jon-nyc
                                        #926

                                        That’s a lot of emergencies.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • 8 Online
                                          8 Online
                                          89th
                                          wrote 41 minutes ago last edited by
                                          #927

                                          image.png

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                                          14 May 2025, 02:28


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