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The New Coffee Room

  1. TNCR
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  3. Trumpenomics

Trumpenomics

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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote last edited by
    #939

    Wait, I thought foreigners paid the tariffs.

    IMG_5429.jpeg

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    1 Reply Last reply
    • 89th8 Offline
      89th8 Offline
      89th
      wrote last edited by
      #940

      I know this is wasted CO2 at this point but how does Trump have the "power" to point to a specific company and tell them they're going to pay a 25% tax on their products?

      1 Reply Last reply
      • AxtremusA Offline
        AxtremusA Offline
        Axtremus
        wrote last edited by
        #941

        I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

        LuFins DadL 1 Reply Last reply
        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote last edited by jon-nyc
          #942

          Of course it would cost way more than 25% of the iPhone price just to manufacture them here, to say nothing of the cost of building new plants, etc, to accommodate a policy that will be voided by the next administration. So we'll get more expensive phones AND no jobs.

          Win-win!

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • HoraceH Offline
            HoraceH Offline
            Horace
            wrote last edited by
            #943

            Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.

            Education is extremely important.

            AxtremusA 1 Reply Last reply
            • HoraceH Horace

              Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.

              AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote last edited by
              #944

              @Horace said in Trumpenomics:

              So, this will just be a drag on America's greatest company, ...

              No, this will not be a drag on the Trump Organization.

              1 Reply Last reply
              • jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote last edited by
                #945

                And foreign governments know this too.

                IMG_5439.png

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                1 Reply Last reply
                • AxtremusA Axtremus

                  I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

                  LuFins DadL Offline
                  LuFins DadL Offline
                  LuFins Dad
                  wrote last edited by
                  #946

                  @Axtremus said in Trumpenomics:

                  I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

                  The Democrat Party. Congratulations on getting a Democrat in the White House.

                  The Brad

                  1 Reply Last reply
                  • AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote last edited by
                    #947

                    Back to 50% tariffs for the EU.

                    https://truthsocial.com/@realDonaldTrump/114556968834547173

                    ... Our discussions with them are going nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. ...

                    1 Reply Last reply
                    • HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote last edited by
                      #948

                      I opened my trading app and saw futures were up a little. So naturally I went straight to truth social.

                      image.png

                      What I am relieved by about this one, is that the setup and rug-pull happened entirely between sessions. No chance of cronies trading inside info.

                      Education is extremely important.

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