Trumpenomics
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wrote on 3 Apr 2025, 03:46 last edited by
It's fine to criticize Trump, if it's warranted. Around here, demonize is a more common modality.
Kindly spare us the melodrama of your personal thoughts regarding Trump’s victimhood. It has a particularly disingenuous odour surrounding it..
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Semiconductors are excluded specifically, but all those stocks are down as much as everything else. It'll take a while for this to settle out. I don't think Trump will be backing off.
wrote on 3 Apr 2025, 09:59 last edited by@Horace said in Trumpenomics:
I don't think Trump will be backing off.
Not unless some more Republicans decide to grow a backbone.
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@LuFins-Dad said in Trumpenomics:
So how accurate is the chart as far as the barriers/Tariffs that the other countries are putting on US goods?
For instance, the EU at 39%… What are the tariffs or barriers they are referring to? Is it strictly customs? Are they referring to the VAT, which is on all goods sold in the EU, domestic or imported? Are these universal fees that are placed on all goods? I would appreciate more info.
It's some bullshit calculation based on the trade deficit.
wrote on 3 Apr 2025, 11:30 last edited by@xenon said in Trumpenomics:
@LuFins-Dad said in Trumpenomics:
So how accurate is the chart as far as the barriers/Tariffs that the other countries are putting on US goods?
For instance, the EU at 39%… What are the tariffs or barriers they are referring to? Is it strictly customs? Are they referring to the VAT, which is on all goods sold in the EU, domestic or imported? Are these universal fees that are placed on all goods? I would appreciate more info.
It's some bullshit calculation based on the trade deficit.
Note in the chart there are fine prints that say "Includes Currency Manipulations and Trade Barriers."
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When was the first time Trump proposed tariffs?
Forty years ago. Be he right, be he wrong, this is not new.
wrote on 3 Apr 2025, 11:34 last edited by@Jolly said in Trumpenomics:
When was the first time Trump proposed tariffs?
Forty years ago. Be he right, be he wrong, this is not new.
Yes, voters knew or should have known before the last election that Trump will bring about high tariffs if he wins.
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wrote on 3 Apr 2025, 11:48 last edited by
My guess is they need 9 R senators and 2 House Members to strip Trump of the tariff ability. (I assume this is a 60 vote thing for the senate? Not 50%?)
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wrote on 3 Apr 2025, 11:56 last edited by 89th 4 Mar 2025, 11:56
"...the stock market went up 88% in my first term... more than any president has had in any term in office... BY FAR."
You know... except for Clinton II, Reagan I, Roosevelt I, and Coolidge I.
Other than those President, Trump isn't lying!
Source: https://www.macrotrends.net/2481/stock-market-performance-by-president
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wrote on 3 Apr 2025, 11:59 last edited by
Great sale on Wall Street, today. Might even reach BOGO level discounts!
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wrote on 3 Apr 2025, 12:00 last edited by
The truly troubling thing has been the threats against companies raising their prices…
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wrote on 3 Apr 2025, 12:01 last edited by
It's ok guys, Trump knows what he's doing. He's never bankrupted every company his name has touched before.
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wrote on 3 Apr 2025, 12:07 last edited by
And yet, amazingly, still better than the other option.
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wrote on 3 Apr 2025, 12:17 last edited by
https://www.nytimes.com/live/2025/04/03/business/trump-tariffs
Which countries are spared?
... Moscow was spared because sanctions imposed on the country after its full-scale invasion of Ukraine in 2022 mean that U.S.-Russian trade had effectively stopped. North Korea, Cuba and Belarus, which are also subject to tough sanctions, were also excluded from the new levies.
Also an interesting contrast:
Iran [...] was hit with 10 percent tariffs, the lowest tier on the White House’s list and lower than the rate imposed on Israel, a staunch U.S. ally.
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And yet, amazingly, still better than the other option.
wrote on 3 Apr 2025, 12:24 last edited by@LuFins-Dad said in Trumpenomics:
And yet, amazingly, still better than the other option.
After the ships sinks, as you are being raped by a dolphin, you find yourself thinking 'well, at least I didn't get electrocuted by the ship's battery or eaten by the shark'!
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wrote on 3 Apr 2025, 12:27 last edited by
I am hopeful this is a 4D chess move where Trump tanks the market, then over the next 3 years "no one has made the stock market go up 200% in 3 years!"... like a cursive capital V.
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@LuFins-Dad said in Trumpenomics:
And yet, amazingly, still better than the other option.
After the ships sinks, as you are being raped by a dolphin, you find yourself thinking 'well, at least I didn't get electrocuted by the ship's battery or eaten by the shark'!
wrote on 3 Apr 2025, 12:35 last edited by@Doctor-Phibes said in Trumpenomics:
@LuFins-Dad said in Trumpenomics:
And yet, amazingly, still better than the other option.
After the ships sinks, as you are being raped by a dolphin, you find yourself thinking 'well, at least I didn't get electrocuted by the ship's battery or eaten by the shark'!
This is idiocy. The whole trans thing is a blend of insanity and evil. So yeah, still better than the alternative. I will say that I was counting on Congress to shelter us a little from his more self/destructive impulses.
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@Doctor-Phibes said in Trumpenomics:
@LuFins-Dad said in Trumpenomics:
And yet, amazingly, still better than the other option.
After the ships sinks, as you are being raped by a dolphin, you find yourself thinking 'well, at least I didn't get electrocuted by the ship's battery or eaten by the shark'!
This is idiocy. The whole trans thing is a blend of insanity and evil. So yeah, still better than the alternative. I will say that I was counting on Congress to shelter us a little from his more self/destructive impulses.
wrote on 3 Apr 2025, 12:38 last edited by@LuFins-Dad said in Trumpenomics:
This is idiocy. The whole trans thing is a blend of insanity and evil. So yeah, still better than the alternative. I will say that I was counting on Congress to shelter us a little from his more self/destructive impulses.
In my analogy congress are throwing electrically conductive chum in the water.
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@Doctor-Phibes said in Trumpenomics:
@LuFins-Dad said in Trumpenomics:
And yet, amazingly, still better than the other option.
After the ships sinks, as you are being raped by a dolphin, you find yourself thinking 'well, at least I didn't get electrocuted by the ship's battery or eaten by the shark'!
This is idiocy. The whole trans thing is a blend of insanity and evil. So yeah, still better than the alternative. I will say that I was counting on Congress to shelter us a little from his more self/destructive impulses.
wrote on 3 Apr 2025, 14:27 last edited by Renauda 4 Mar 2025, 14:28. I will say that I was counting on Congress to shelter us a little from his more self/destructive impulses.
Rand Paul is a lonely voice in the current GOP echo chamber.
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. I will say that I was counting on Congress to shelter us a little from his more self/destructive impulses.
Rand Paul is a lonely voice in the current GOP echo chamber.
wrote on 3 Apr 2025, 14:30 last edited by@Renauda said in Trumpenomics:
. I will say that I was counting on Congress to shelter us a little from his more self/destructive impulses.
Rand Paul is a lonely voice in the current GOP echo chamber.
He's been accused of having TDS, predictably
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wrote on 3 Apr 2025, 14:39 last edited by
It’s TDS to think the largest tax hike in history should go through Congress.
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wrote on 3 Apr 2025, 14:42 last edited by
Think we will end the day below 39K?
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wrote on 3 Apr 2025, 14:43 last edited by
@xenon said in Trumpenomics:
It’s TDS to think the largest peacetime tax hike in history should go through Congress.
For the record (just) one of the tax hikes during WW-2 was higher as a percentage of GDP.
