Trumpenomics
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wrote on 18 Mar 2025, 12:04 last edited by Doctor Phibes
They'll change their tune pretty quickly if there is a recession and Trump's popularity goes down the toilet.
A bunch of millionaires and billionaires telling regular folk that they need to suffer for the common good is really going to go down well.
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wrote on 18 Mar 2025, 14:03 last edited by
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@89th said in Trumpenomics:
"Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF
Of course she snips at the AP at the end of it.
a good summary.
For those who do not follow economics, here's basically what happened:
Leavitt: 2+2=Purple.
AP Reporter: I have a calculator and 2+2=4.
Leavitt: How DARE you insult my math skills!
Conservative Media: White House DESTROYS disrespectful and un-American AP reporter.wrote on 18 Mar 2025, 16:16 last edited by@jon-nyc said in Trumpenomics:
@89th said in Trumpenomics:
"Tariffs are a tax hike on foreign countries. Tariffs are a tax cut for the American people." Either I totally am wrong (possible) or I think the white house truly has NO idea what a tariff is and who pays it. WTFFFFFFFF
Of course she snips at the AP at the end of it.
a good summary.
For those who do not follow economics, here's basically what happened:
Leavitt: 2+2=Purple.
AP Reporter: I have a calculator and 2+2=4.
Leavitt: How DARE you insult my math skills!
Conservative Media: White House DESTROYS disrespectful and un-American AP reporter.During an interview show over the weekend
White House Press Secretary Karoline Leavitt accused Associated Press reporter Josh Boak of "failing" to see President Trump's "long-term economic strategy" in a Sunday interview, days after he sparred with her over tariffs during a press briefing.
"He [Boak] clearly fails to see President Trump's long-term economic strategy, which is to bring in so much revenue, so much wealth into our country through tariffs, that we can give larger tax cuts to the American people to put more money back into their pockets," Leavitt told Maria Bartiromo on "Sunday Morning Futures."
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wrote on 18 Mar 2025, 16:54 last edited by
They think we're idiots.
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wrote on 18 Mar 2025, 18:56 last edited by
we?
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wrote on 18 Mar 2025, 21:22 last edited by
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wrote on 20 Mar 2025, 18:32 last edited by
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wrote on 20 Mar 2025, 21:18 last edited by
DJIA is up over the last 5 days.
Tariffs are working!
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wrote on 25 Mar 2025, 15:52 last edited by
Consumer confidence at levels not seen since Covid.
Good job, Donny.
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wrote on 25 Mar 2025, 17:22 last edited by
Maybe he thinks this is golf where the lowest score wins?
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wrote on 25 Mar 2025, 17:25 last edited by
I’ve read that tourism to the US is trending way down. Lots of blue collar jobs connected to that.
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wrote on 25 Mar 2025, 17:26 last edited by jon-nyc
Most years we get north of 20MM Canadians here. This year that’ll be … fewer.
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wrote on 26 Mar 2025, 13:43 last edited by
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wrote on 27 Mar 2025, 02:24 last edited by
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wrote on 27 Mar 2025, 12:46 last edited by
"Florida considers enabling income sources for unemployed young Americans" - FauxNews
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wrote on 27 Mar 2025, 13:04 last edited by
It brings Florida into line with existing Federal labor laws. It allows 16 and 17 year-old to exceed 30 hours a week with parental approval. It also removes restrictions for 14-15 year-old that are home-schooled, virtual schooled or graduated from high school.
If what I read is correct, a lot of this is grocery store and fast food work...Stocking, bagging, flipping burgers, etc.
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wrote on 27 Mar 2025, 13:09 last edited by
I'm surprised Trump hasn't offered to abolish their income taxes.
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wrote on 27 Mar 2025, 14:02 last edited by
@Horace said in Trumpenomics:
I'm surprised Trump hasn't offered to abolish their income taxes.
Sounds like a suggestion that might appeal to the administration; consider sending that to the WH.
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wrote on 27 Mar 2025, 14:49 last edited by
I suspect some of this work is seasonal (picking strawberries in Lawdy, anyone) and the kids probably don't make enough to pay taxes on...
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wrote on 27 Mar 2025, 17:47 last edited by
