Trumpenomics
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Speaking of audience capture - here’s VDH’s take on the tariff situation with Canada.
He sounds reasonable too, which is impressive in its own right. But pretty much frames it that Canada is in the wrong and Trump is completely right.
And he had a video on tariffs early feb too, where his point was that Trump doesn’t actually put on tariffs, just uses them as a diplomatic cudgel (eg prisoner deportation). But he didn’t address that here.
Link to video -
Speaking of audience capture - here’s VDH’s take on the tariff situation with Canada.
He sounds reasonable too, which is impressive in its own right. But pretty much frames it that Canada is in the wrong and Trump is completely right.
And he had a video on tariffs early feb too, where his point was that Trump doesn’t actually put on tariffs, just uses them as a diplomatic cudgel (eg prisoner deportation). But he didn’t address that here.
Link to videoI watched it yesterday. He has some misconceptions about Canada. Particularly with regard to how he equates the supply management system here as a government subsidy as in the US and fails to acknowledge that US has been given a quota under CUSMA which it can export dairy products to Canada tariff free. The US. Is therefore treated like any dairy producer in Canada - it is given a percentage quota. I believe jon-nyc posted something about how that worked either in this thread or the Canada Tariff thread yesterday as well. I referenced the dairy supply management system as well in answer to a question TG had the other day.
There was also a statement he made about oil and gas exports that was inaccurate
Overall I rate it a C. He should do his homework.
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Seeing a lot of this type of thing from business and finance types that voted Trump for the first time in 2024. They voted for him over wokeness, immigration, and Israel thinking the tariff stuff was mostly bluster.
Asness used to run the quantitative finance desk at Goldman before going in to start AQR Capital Management. He has advanced degrees in both CS and quantitative finance. Smart guy.
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North Dakota went big for Trump. Now many farmers say they face an uncertain future
As they get bit by tariffs, the North Dakota farmers who voted for Trump may be experiencing "buyer's remorse."
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North Dakota went big for Trump. Now many farmers say they face an uncertain future
As they get bit by tariffs, the North Dakota farmers who voted for Trump may be experiencing "buyer's remorse."
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@89th said in Trumpenomics:
"Tariffs are a tax a tax hike on foreign countries. Tariffs are a tax cut for the American people."
Press secretary has to be one of the worst jobs I would not want.
@taiwan_girl said in Trumpenomics:
@89th said in Trumpenomics:
"Tariffs are a tax a tax hike on foreign countries. Tariffs are a tax cut for the American people."
Press secretary has to be one of the worst jobs I would not want.
If you lie good enough, you can become governor of a red state the very next election.
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@jon-nyc said in Trumpenomics:
Fifth fasted correction since 1950.
That’s great news! It means everyone is investing in bonds, which is huge since we’re raising our debt and pretty soon no other countries will want to buy it! Winning at 5D Chess!
