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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • HoraceH Horace

    @Doctor-Phibes said:

    @Horace said:

    From your perspective, you should at least acknowledge a gradual erosion of his "base" as the poll numbers drop and as his previous supporters abandon him over the Iran war. It's easy to point and laugh at how dumb the base is when you're redefining it daily as it gets whittled down to some combination of people who really do align with his decisions and those who simply agree with whatever he says. (The latter are not represented in any mainstream media I'm familiar with.)

    Trump has always been a nightmare. It's reassuring that more people have finally figured this out, but let's not pretend these people weren't duped. I was told I was delusional for saying this, but he's the same guy now that he was then.

    So who exactly was delusional?

    You not liking him is not a prediction that he'd go to war with Iran. (I don't actually care much about the war personally, but I recognize it as a betrayal of his campaign platform.)

    Doctor PhibesD Offline
    Doctor PhibesD Offline
    Doctor Phibes
    wrote last edited by
    #1227

    @Horace said:

    You not liking him is not a prediction that he'd go to war with Iran. (I don't actually care much about the war personally, but I recognize it as a betrayal of his campaign platform.)

    Him going to war with Iran is a symptom of who he is, not the cause of why I don't like him. The fact that he was primarily self-serving and an agent of chaos should have been obvious.

    I was only joking

    1 Reply Last reply
    • jon-nycJ Offline
      jon-nycJ Offline
      jon-nyc
      wrote last edited by
      #1228

      Person. Woman. Man. Camera. TV.

      1 Reply Last reply
      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote last edited by jon-nyc
        #1229

        Hasset being a little tone deaf. The general populace probably doesn’t interpret that message the same way his banker buddies do.

        Person. Woman. Man. Camera. TV.

        1 Reply Last reply
        • HoraceH Offline
          HoraceH Offline
          Horace
          wrote last edited by
          #1230

          stock market is en fuego. But I suppose that doesn't mean much to those doing all that credit card spending. Except on the off chance they are contributing to a retirement plan.

          Education is extremely important.

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote last edited by jon-nyc
            #1231

            I meet with Merrill (BofA) every quarter who, between credit cards and checking accounts, has a superb and early view of consumer behavior. One thing they’ve highlighted in recent meetings is that spending has been good but in large part it’s the top 10% of income earners picking up the slack for somewhat decreased purchasing power of the rest. Indeed that top 10% represent half of all consumer spending.

            Person. Woman. Man. Camera. TV.

            1 Reply Last reply
            • AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote last edited by
              #1232

              It's good to be the top 10%!

              1 Reply Last reply
              • taiwan_girlT Online
                taiwan_girlT Online
                taiwan_girl
                wrote last edited by
                #1233

                The latest quarterly Trump economic report. Couple of things which you may notice.

                • I changed the source of some of the information, so that I get all of it from official US government sources. I went back and re-did the numbers so that they all came from US government.
                • I am not sure a "strict" change in % vs. the end of President Biden term tells the whole story. Probably better to graph out the numbers to see trends etc., but I was too lazy to do that. LOL

                Screenshot 2026-05-07 at 8.31.49 PM.png

                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote last edited by
                  #1234

                  Person. Woman. Man. Camera. TV.

                  AxtremusA 1 Reply Last reply
                  • jon-nycJ jon-nyc

                    AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote last edited by
                    #1235

                    Hey @andrea-b , is there any shame in ☝ ?

                    1 Reply Last reply
                    • Doctor PhibesD Offline
                      Doctor PhibesD Offline
                      Doctor Phibes
                      wrote last edited by
                      #1236

                      I wonder if Rachel Wiggins is hot. WTTT?

                      I was only joking

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote last edited by
                        #1237

                        Wow.

                        30% of car buyers trading in vehicles in early 2026 are "underwater," owing more on their loans than the car is worth, with an average gap of over $7,000, per WSJ

                        Person. Woman. Man. Camera. TV.

                        1 Reply Last reply

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