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The New Coffee Room

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  3. Bidenomics

Bidenomics

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #213

    One of the wonderful things about the Internet is that one can find anyone saying anything with increasing ease.

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    taiwan_girlT 1 Reply Last reply
    • JollyJ Jolly

      One of the wonderful things about the Internet is that one can find anyone saying anything with increasing ease.

      taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #214

      @Jolly Semi serious/semi joking question.

      At what point in time do we start measuring how President Trump is doing with the economy?

      Do we start from election day? Inaugeration day? some other time frame?

      JollyJ 1 Reply Last reply
      • taiwan_girlT taiwan_girl

        @Jolly Semi serious/semi joking question.

        At what point in time do we start measuring how President Trump is doing with the economy?

        Do we start from election day? Inaugeration day? some other time frame?

        JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #215

        @taiwan_girl said in Bidenomics:

        @Jolly Semi serious/semi joking question.

        At what point in time do we start measuring how President Trump is doing with the economy?

        Do we start from election day? Inaugeration day? some other time frame?

        If we use the Jon Scale, it will be from inauguration until the next President assumes office.

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

        taiwan_girlT 1 Reply Last reply
        • JollyJ Jolly

          @taiwan_girl said in Bidenomics:

          @Jolly Semi serious/semi joking question.

          At what point in time do we start measuring how President Trump is doing with the economy?

          Do we start from election day? Inaugeration day? some other time frame?

          If we use the Jon Scale, it will be from inauguration until the next President assumes office.

          taiwan_girlT Offline
          taiwan_girlT Offline
          taiwan_girl
          wrote on last edited by
          #216

          @Jolly said in Bidenomics:

          it will be from inauguration

          I know its early, but.................... LOL

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #217

            More from Rufo.

            "You never know what worse luck your bad luck has saved you from."
            -Cormac McCarthy

            1 Reply Last reply
            • RenaudaR Offline
              RenaudaR Offline
              Renauda
              wrote on last edited by Renauda
              #218

              I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.

              Jon, your take on that?

              Elbows up!

              jon-nycJ 1 Reply Last reply
              • George KG Offline
                George KG Offline
                George K
                wrote on last edited by
                #219

                GhYWVBUWgAANLQU.jpeg

                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                1 Reply Last reply
                • RenaudaR Renauda

                  I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.

                  Jon, your take on that?

                  jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #220

                  @Renauda said in Bidenomics:

                  I listened to a presentation last week by a Goldman Sachs analyst about Trump, Trade and Tariffs. One point made that really stood out was that Trump has repeatedly shown in past that he is very sensitive to how the market reacts to any of his policies. When the markets react like bears he tends to adjust his policies and statements to turn the markets into bulls.

                  Jon, your take on that?

                  I would agree with that. He plays to the crowd, thinks of the stock market as his score card (though he’s likely to get to know the bond markets this term), and isnt embarrassed to do a volte face.

                  "You never know what worse luck your bad luck has saved you from."
                  -Cormac McCarthy

                  1 Reply Last reply
                  • jon-nycJ Offline
                    jon-nycJ Offline
                    jon-nyc
                    wrote on last edited by jon-nyc
                    #221

                    What’s the high water mark for real wages? Not 1971.

                    2025

                    IMG_3542.jpeg

                    "You never know what worse luck your bad luck has saved you from."
                    -Cormac McCarthy

                    1 Reply Last reply
                    • HoraceH Online
                      HoraceH Online
                      Horace
                      wrote on last edited by
                      #222

                      That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

                      Education is extremely important.

                      89th8 1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #223

                        I hope Trump doesn’t fuck this up but it’s not looking good.

                        "You never know what worse luck your bad luck has saved you from."
                        -Cormac McCarthy

                        89th8 1 Reply Last reply
                        • HoraceH Horace

                          That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

                          89th8 Offline
                          89th8 Offline
                          89th
                          wrote on last edited by
                          #224

                          @Horace said in Bidenomics:

                          That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

                          Personally I thought the chart was going from right to left, so I am very happy to have seen the arrow.

                          1 Reply Last reply
                          • jon-nycJ jon-nyc

                            I hope Trump doesn’t fuck this up but it’s not looking good.

                            89th8 Offline
                            89th8 Offline
                            89th
                            wrote on last edited by
                            #225

                            @jon-nyc said in Bidenomics:

                            I hope Trump doesn’t fuck this up but it’s not looking good.

                            I'm no economist. What are the implications of this. Does this mean people are being paid more (of course) but doesn't that also mean it's expensive as shit to build anything here? Or is this all sunshine and roses if you live in the US of A?

                            1 Reply Last reply
                            • HoraceH Online
                              HoraceH Online
                              Horace
                              wrote on last edited by Horace
                              #226

                              So that’s why restaurants seemed so cheap in France. Maybe this retiring to Europe thing isn’t so bad.

                              Education is extremely important.

                              1 Reply Last reply
                              • AxtremusA Offline
                                AxtremusA Offline
                                Axtremus
                                wrote last edited by
                                #227

                                https://www.bloomberg.com/news/articles/2025-06-04/frothy-tech-returns-helped-mint-an-extra-600-000-millionaires-in-2024

                                Frothy Tech Returns Helped Mint 600,000 Millionaires Last Year
                                The number of high-net worth individuals across the globe rose to a record in 2024, driven largely by gains in the US stock market.

                                The US alone added 562,000 millionaires, a 7.6% increase from the year prior, …

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