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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • Doctor PhibesD Offline
    Doctor PhibesD Offline
    Doctor Phibes
    wrote last edited by
    #1143

    I'm guessing the one word was actually 'knobhead'.

    I was only joking

    1 Reply Last reply
    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote last edited by
      #1144

      https://fortune.com/2025/10/04/president-trump-coin-america-anniversary-likeness-law-treasury/

      the Circulating Collectible Coin Redesign Act of 2020, which Trump signed in January 2021, states: “No head and shoulders portrait or bust of any person, living or dead, and no portrait of a living person may be included in the design on the reverse of specified coins,” which include the semiquincentennial series among others.
      This rule has appeared in similar statutes and reaches back to longstanding Treasury practice, though historians note an exception: Calvin Coolidge, who appeared on a commemorative half-dollar while still in office in 1926. Since then, the Mint and the Treasury Department have strictly avoided living subjects—until now.

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      • jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote last edited by
        #1145

        If you don't take it, it can only good happen.

        89th8 1 Reply Last reply
        • AxtremusA Offline
          AxtremusA Offline
          Axtremus
          wrote last edited by
          #1146

          The Institute for Supply Management (ISM) survey and other private-label data …

          Whew, maybe no statistician will lose his job this time. 🤞

          1 Reply Last reply
          • jon-nycJ jon-nyc

            89th8 Offline
            89th8 Offline
            89th
            wrote last edited by
            #1147

            @jon-nyc said in Trumpenomics:

            Was the economy in the pool?

            1 Reply Last reply
            • AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote last edited by
              #1148

              Federal government bailout coming for the farmers, again:

              https://www.nytimes.com/2025/10/07/us/politics/trump-farmers-aid-china-trade-war.html

              1 Reply Last reply
              • LuFins DadL Offline
                LuFins DadL Offline
                LuFins Dad
                wrote last edited by
                #1149

                https://www.cbsnews.com/news/clinton-radio-more-aid-to-farmers/

                The Brad

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                • taiwan_girlT Offline
                  taiwan_girlT Offline
                  taiwan_girl
                  wrote last edited by
                  #1150

                  Government subsidy (bailout by a different name) for farmers has been going on for years, decades, etc.

                  for example,
                  Ethanol
                  paying farmers not to plant
                  crop insurance
                  etc

                  I am actually in favor most of these, but to say that President Trump is doing something different is not really true.

                  1 Reply Last reply
                  • LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote last edited by
                    #1151

                    I find it very Clintonian.

                    The Brad

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                    • LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote last edited by
                      #1152

                      Anecdotal… Through 3 quarters, we are up about 5% over last year. Over the past 6 weeks, we’ve had the three best Costco events that we’ve had in several years, and this is with a very limited item list that excludes Clavinovas under $5K.

                      Which oddly fits with what we’re seeing in the stores. The mid price points has slowed, but the upper end sales and lower end sales have risen drastically. I think the customers that would have bought $4K Clavs are buying $2K Clavs. That’s easy to see… And I can understand the high end sales not being as seriously impacted as well, but the very odd thing is the rise of the upper tier vertical pianos… I’ve sold more Yamaha YUS5s, Bechstein A6s, and Seiler 132s than I have U1s over the last few months. It’s very odd.

                      The Brad

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