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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • Doctor PhibesD Doctor Phibes

    @jon-nyc said in Trumpenomics:

    a single author who just fired the head of his labor statistics department.

    I wonder if he was actually fired for pointing out that a 1500% decrease in expense is something that only a moron would talk about.

    RenaudaR Offline
    RenaudaR Offline
    Renauda
    wrote last edited by Renauda
    #1068

    @Doctor-Phibes said in Trumpenomics:

    @jon-nyc said in Trumpenomics:

    a single author who just fired the head of his labor statistics department.

    I wonder if he was actually fired for pointing out that a 1500% decrease in expense is something that only a moron would talk about.

    Maybe Trump was just confused and mistook an estimated savings range of 1% to 5% with a net reduction of 1500%.

    That or Trump just rounded up to 1500% for the sake of simplicity.

    Elbows up!

    1 Reply Last reply
    • AxtremusA Away
      AxtremusA Away
      Axtremus
      wrote last edited by
      #1069

      Get your back-to-school shopping done early before tariffs hit:

      https://thehill.com/homenews/education/5435418-back-to-school-trump-tariffs-trade-war/

      1 Reply Last reply
      • AxtremusA Away
        AxtremusA Away
        Axtremus
        wrote last edited by
        #1070

        Japan's trade deal:

        https://www.washingtonpost.com/world/2025/08/08/us-japan-trade-deal-dispute/

        With no provisions committed to a formal document, the fact sheets that both governments released have conflicting information.

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        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote last edited by jon-nyc
          #1071

          I assume ‘70%’ refers to the portion of the tariff that will hit consumers come fall.

          Thank you for your attention to this matter.

          1 Reply Last reply
          • 89th8 Offline
            89th8 Offline
            89th
            wrote last edited by
            #1072

            Yeah I'd imagine not many companies will just "eat" the import tax without passing it onto the price

            1 Reply Last reply
            • AxtremusA Away
              AxtremusA Away
              Axtremus
              wrote last edited by
              #1073

              Another 90-day pause on tariffs on imports from China:

              https://www.theguardian.com/us-news/2025/aug/11/trump-china-tariffs-deal-deadline

              1 Reply Last reply
              • X Offline
                X Offline
                xenon
                wrote last edited by
                #1074

                The economy is going to be stuck in 3rd gear until these guys can decide whether to shit or get off the pot.

                1 Reply Last reply
                • AxtremusA Away
                  AxtremusA Away
                  Axtremus
                  wrote last edited by
                  #1075

                  They may try to occupy the pot and edge forever.

                  1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote last edited by jon-nyc
                    #1076

                    Trump calls for Goldman Sachs to replace the economist responsible for the tariff report.

                    Thank you for your attention to this matter.

                    1 Reply Last reply
                    • 89th8 Offline
                      89th8 Offline
                      89th
                      wrote last edited by
                      #1077

                      I wonder how bad the facts culture is within the White House... I expect if anyone tells Trump real data it's like a recurring "Hitler finds out" scene playing over and over.

                      RenaudaR 1 Reply Last reply
                      • 89th8 89th

                        I wonder how bad the facts culture is within the White House... I expect if anyone tells Trump real data it's like a recurring "Hitler finds out" scene playing over and over.

                        RenaudaR Offline
                        RenaudaR Offline
                        Renauda
                        wrote last edited by
                        #1078

                        @89th

                        😂

                        Elbows up!

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