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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • LuFins DadL Offline
    LuFins DadL Offline
    LuFins Dad
    wrote last edited by
    #958

    And yet his popularity is still higher than at any point his first term.

    The Brad

    1 Reply Last reply
    • taiwan_girlT Online
      taiwan_girlT Online
      taiwan_girl
      wrote last edited by
      #959

      Current popularity is 43% (by Gallop poll)

      Screenshot 2025-05-31 at 8.58.29 PM.png

      LuFins DadL 1 Reply Last reply
      • taiwan_girlT taiwan_girl

        Current popularity is 43% (by Gallop poll)

        Screenshot 2025-05-31 at 8.58.29 PM.png

        LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote last edited by
        #960

        @taiwan_girl said in Trumpenomics:

        Current popularity is 43% (by Gallop poll)

        Screenshot 2025-05-31 at 8.58.29 PM.png

        Here’s the aggregate….IMG_4215.png

        The Brad

        1 Reply Last reply
        • jon-nycJ Offline
          jon-nycJ Offline
          jon-nyc
          wrote last edited by
          #961

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote last edited by
            #962

            Turning us into a Banana Republic in more ways than one.

            IMG_5649.jpeg

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote last edited by
              #963

              The OECD lowers its global GDP growth projections for 2025 & 2026 due to Trump's tariffs:

              https://www.oecd.org/en/publications/oecd-economic-outlook-volume-2025-issue-1_83363382-en.html

              Key figures
              
              3.1% 
                ⏷
              2.9%
              Revision to projected global GDP growth for 2025
              
              3.0%
                ⏷
              2.9%
              Revision to projected global GDP growth for 2026
              
              1 Reply Last reply
              • taiwan_girlT Online
                taiwan_girlT Online
                taiwan_girl
                wrote last edited by
                #964

                U.S. manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline further due to tighter credit conditions.

                The Institute for Supply Management (ISM) survey on Monday showed all subcomponents of its manufacturing PMI below the 50 threshold for the first time since 2009. Some economists said this suggested a recession was around the corner, while others said much would depend on the services sector, whose PMI remains consistent with a growing economy.

                https://www.reuters.com/markets/us/us-manufacturing-sector-weakest-nearly-three-years-march-ism-2023-04-03/

                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote last edited by
                  #965

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote last edited by
                    #966

                    I posted an interview with that guy shortly after Liberation Day. I liked him a lot.

                    Education is extremely important.

                    1 Reply Last reply
                    • jon-nycJ jon-nyc

                      China’s government is projecting confidence that it can outlast the U.S. in a protracted trade war in large part because of the potential damage inflicted by its restrictions on rare earth metals, said Eswar Prasad, a Cornell University economist who has spoken this week with Chinese finance officials.
                      “That is the choke point,” Prasad said. “Beijing does not feel like it is going to back down and that the U.S. is in no position to dictate terms. A big, big part of that is rare earths, where they feel they have the capacity to do significant harm to American manufacturers.”

                      taiwan_girlT Online
                      taiwan_girlT Online
                      taiwan_girl
                      wrote last edited by
                      #967

                      @jon-nyc said in Trumpenomics:

                      China’s government is projecting confidence that it can outlast the U.S. in a protracted trade war in large part because of the potential damage inflicted by its restrictions on rare earth metals, said Eswar Prasad, a Cornell University economist who has spoken this week with Chinese finance officials.
                      “That is the choke point,” Prasad said. “Beijing does not feel like it is going to back down and that the U.S. is in no position to dictate terms. A big, big part of that is rare earths, where they feel they have the capacity to do significant harm to American manufacturers.”

                      Seems like it is happening unfortunately

                      A group representing auto suppliers in the United States called on Wednesday for immediate action to address China's restricted exports of rare earths, minerals and magnets, warning the issue could quickly disrupt auto parts production.

                      and

                      https://www.reuters.com/business/autos-transportation/us-auto-suppliers-say-immediate-action-needed-china-rare-earths-restrictions-2025-06-05/

                      1 Reply Last reply
                      • LuFins DadL Offline
                        LuFins DadL Offline
                        LuFins Dad
                        wrote last edited by
                        #968

                        Gilead announced an $11B investment into new US manufacturing. Kraft is investing an additional $3 billion into new American manufacturing facilities. Carrier is investing $1 billion into a new factory, creating 4K jobs. The Dow is up roughly 3800 over last year. Not great, but not a disaster, either. It’s not all doom and gloom…

                        The Brad

                        1 Reply Last reply
                        • 89th8 Offline
                          89th8 Offline
                          89th
                          wrote last edited by
                          #969

                          Too lazy to check, but:

                          1. How do those investments compare to normal corporate manufacturing expenditures?
                          2. How often are these announced investments actually realized?
                          3. The DOW is up 8% since this time last year, but down 4% since Trump took over (was down 15% but has bounced back after a few TACO Tuesdays)
                          1 Reply Last reply
                          • LuFins DadL Offline
                            LuFins DadL Offline
                            LuFins Dad
                            wrote last edited by
                            #970

                            You fail to catch the point.

                            The Brad

                            1 Reply Last reply
                            • 89th8 Offline
                              89th8 Offline
                              89th
                              wrote last edited by
                              #971

                              Probably, I only read your last post and commented.

                              1 Reply Last reply
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