Trumpenomics

[jon-nyc]

He’s thirty points underwater on inflation. Even though tariff inflation is only just getting started.

I think a lot it is that many people think ‘taming inflation’ means bringing prices down to some level where they’re ‘supposed to be’. Trump encouraged then to think this way during the campaign.

[Doctor Phibes]

@jon-nyc said in Trumpenomics:

I think a lot it is that many people think ‘taming inflation’ means bringing prices down to some level where they’re ‘supposed to be’. Trump encouraged then to think this way during the campaign.

What are you talking about? Eggs are going for 2 cents each in Trump's Fantasy World, gas is 79 cents a gallon, and gallons are now 10 pints!

[89th]

"many people have told me" he says, too

[Doctor Phibes]

@89th said in Trumpenomics:

"many people have told me" he says, too

Presumably not the 'Very Bad People' who whisper to him from under the stairs about Jeffrey Epstein's list while he's waiting for the stairlift to arrive, but the 'Very Fine People' who tell him he's the Greatest President Ever on the hour, every hour.

[xenon]

Im still salty that Trump normalized MMT across republicans.

We’re in for some pain in the future.

[Horace]

@xenon said in Trumpenomics:

Im still salty that Trump normalized MMT across republicans.

We’re in for some pain in the future.

There was never any stopping that train, and the budget deficit would have been worse under Harris.

[xenon]

@Horace said in Trumpenomics:

@xenon said in Trumpenomics:

Im still salty that Trump normalized MMT across republicans.

We’re in for some pain in the future.

There was never any stopping that train, and the budget deficit would have been worse under Harris.

I don’t know. Harris would have had a lot to prove. The republicans would have howled to the high heavens about the deficit (but would have also given her shit if she didn’t cut taxes).

But they would have at least stuck to their traditional stance of deficits=bad.

I expect this sort of profligacy from the Dems.

[jon-nyc]

There’s talk of firing Powell again. I doubt he goes there. It’s just threats that will be ineffective. I mean the guy is gone in 10 months anyway, is he going to sell out to Trump or preserve his reputation and that of the Fed?

[jon-nyc]

I was 4 the last time we had such a dollar slide.

[jon-nyc]

Canada is the top export market of American merchandise so far this year, as it was last year.

[89th]

He’s someone who, while he’s talking, the BS Alarm is blaring the whole time. Like a sketchy salesman.

[Renauda]

Lutnick (or Nutlick) is about as genuine as a $3 bill.