Trumpenomics

[Doctor Phibes]

Hey, if he's Honorable, clearly words have no meaning.

[jon-nyc]

@89th said in Trumpenomics:

I presume we can trust the data but at this point who knows what is being manipulated for the Dear Leader.

I think we’d hear about it from career guys with green eye shades that compile it.

[bachophile]

@89th said in Trumpenomics:

Hey! The S&P has finally returned to what it was on Inauguration Day, woohoo!

I wonder what’s going to happen today….

[jon-nyc]

Surprisingly muted reaction so far. Futures down 1.2%.

Much bigger reaction in oil.

[Mik]

The net effect may end up being positive. War is profitable.

[jon-nyc]

Trump needs to have Peter Navarro explain to the economists at the Fed how tariffs work.

[jon-nyc]

Adam Smith’s visible hand.

[Doctor Phibes]

Who the heck is 'everyone'?

I'M WATCHING!!!!!

BE SEEING YOU.

[jon-nyc]

[Doctor Phibes]

The really amazing thing is that he can still speak with all that dick in his mouth.

[jon-nyc]

lol.

Well FWIW he is used to that.

[Horace]

That homophobia breaks my heart.

[jon-nyc]

Trying to win the Mamdani vote?

[jon-nyc]

How he didn’t see this coming in November I’ll never understand. Or at least by February.

[89th]

Maybe he's insulated too much? Yeah we all saw this from the start.

[LuFins Dad]

@jon-nyc said in Trumpenomics:

How he didn’t see this coming in November I’ll never understand. Or at least by February.

He was on stage with Trump while DJT was talking about the TCJA Cuts being made permanent and the Tax breaks on tips and overtime. So him bitching about the $5 Trillion and calling it new spending when it’s not new spending, just reduced receipts according to the CBO hits me as disingenuous at best. I have no doubt that he’s pissed there weren’t more and deeper spending cuts, I’m sure he’s pissed about the increased spending in some areas, but they are small details compared to the tax rates being made permanent. It really does make me think that all of this is the EV credits being rolled back, and the energy policy being presented.

[jon-nyc]

[jon-nyc]

Worst half year performance of the dollar in over half a century.

https://www.cnbc.com/2025/07/07/the-declining-dollar-faces-more-headwinds-after-posting-worst-first-half-return-in-52-years.html

[89th]

If Biden had that performance, Trump would be posting about how the dollar has "had the worst performance in 50 years, some say all time!"

[89th]

At least we have our own @Copper !

Trump adds a 50% tax to imported copper: https://www.cnbc.com/2025/07/08/trump-tariffs-copper-trade.html