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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • jon-nycJ jon-nyc

    Bring out da gimp.

    jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote last edited by
    #991

    @jon-nyc said in Trumpenomics:

    Bring out da gimp.

    They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

    1 Reply Last reply
    • Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote last edited by
      #992

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

      I was only joking

      1 Reply Last reply
      • jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote last edited by
        #993

        lol.

        Well FWIW he is used to that.

        They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

        1 Reply Last reply
        • HoraceH Offline
          HoraceH Offline
          Horace
          wrote last edited by
          #994

          That homophobia breaks my heart.

          Education is extremely important.

          1 Reply Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote last edited by jon-nyc
            #995

            Trying to win the Mamdani vote?

            They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

            1 Reply Last reply
            • jon-nycJ Online
              jon-nycJ Online
              jon-nyc
              wrote last edited by
              #996

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

              IMG_6169.jpeg

              They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

              LuFins DadL 1 Reply Last reply
              • 89th8 Online
                89th8 Online
                89th
                wrote last edited by
                #997

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

                1 Reply Last reply
                • jon-nycJ jon-nyc

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

                  IMG_6169.jpeg

                  LuFins DadL Offline
                  LuFins DadL Offline
                  LuFins Dad
                  wrote last edited by
                  #998

                  @jon-nyc said in Trumpenomics:

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

                  IMG_6169.jpeg

                  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.

                  The Brad

                  1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote last edited by
                    #999

                    IMG_6174.jpeg

                    IMG_6172.jpeg

                    They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

                    1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote last edited by
                      #1000

                      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

                      They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

                      1 Reply Last reply
                      • 89th8 Online
                        89th8 Online
                        89th
                        wrote last edited by
                        #1001

                        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!"

                        1 Reply Last reply
                        • 89th8 Online
                          89th8 Online
                          89th
                          wrote last edited by
                          #1002

                          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

                          1 Reply Last reply
                          • jon-nycJ Online
                            jon-nycJ Online
                            jon-nyc
                            wrote last edited by
                            #1003

                            Kalshi, the betting market for which Don Jr is an ‘advisor’, is now predicting close to 50T of debt by the time Trump is finished.

                            They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

                            1 Reply Last reply
                            • 89th8 Online
                              89th8 Online
                              89th
                              wrote last edited by
                              #1004

                              Let's fast forward and say this happens, or in 10 years we have a bajillion dollars in debt. Eventually what are the possible outcomes?

                              • Massive spending cuts?
                              • Massive tax increases?
                              • Dollar security faulters and causes worldwide economic depression?

                              It seems a mathematical certainty that if we don't change something, all the government will spend its money on is paying debt interest. Which would be quite appropriate given how many families do that today with their credit cards.

                              1 Reply Last reply
                              • jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote last edited by
                                #1005

                                Barring some AI-based growth miracle I suppose the eventual outcome will be to heavily devalue the debt (and the dollar) by printing tons of money. Default by another name.

                                They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.

                                1 Reply Last reply
                                • AxtremusA Away
                                  AxtremusA Away
                                  Axtremus
                                  wrote last edited by
                                  #1006

                                  Currency devaluation/inflation … we print (a lot more) money to pay off the debt. May or may not lead to “Dollar security falters” and/or “worldwide economic depression.”

                                  Gotta compare with the alternatives. Cutting spending too much or increasing taxes too much may also lead to some versions and degrees of “Dollar security falters” and/or “worldwide economic depression.” There may be some versions of “printing money” that are less damaging than some versions of “cutting spending” or “increasing taxes.”

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