Trumpenomics
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@Jolly said in Trumpenomics:
Farmland. Good farmland.
Has outperformed the stockmarket since about 1900, IIRC.
Ok, invest in farmland REITs. But that would still be the stock market. And if the REITs aren't the same thing as "investing in good farmland", then I wonder if you're talking about a business involving the ownership of farmland, rather than a set it and forget it investment. My dad's family farm did not exactly make anybody rich, not while they were farming it and not after they sold it, I can tell you that.
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For years, they've been telling us not to rely on Social Security, and invest in 401K's. Now they're fucking the market up for the greater good and yet somehow we're the fools.
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Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
@Horace said in Trumpenomics:
Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
Hey, I get a percentage of every sale I make. I’m sure I can twist that to come across as I just got a raise…
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So… Does anybody think new American piano manufacturing will open up? Does European pianos going up so much allow Steinway to raise their prices? Digital pianos just got a lot more expensive, too.
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Tariff report cards will be coming in with every earnings report of every company. Whatever alleged benefits we'll be seeing as Americans will have a very steep hill to climb to overcome those report cards. They will be even worse if companies keep prices low. There is no wiggling out of these consequences, and there's no clear idea of how the benefits are going to be felt by 90%+ of Americans. You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
@Horace said in Trumpenomics:
You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?
You know what they say about generals preparing to fight the last war....
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@Horace said in Trumpenomics:
You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?
You know what they say about generals preparing to fight the last war....
@Doctor-Phibes said in Trumpenomics:
@Horace said in Trumpenomics:
You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?
You know what they say about generals preparing to fight the last war....
Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.
Education is extremely important.
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@Doctor-Phibes said in Trumpenomics:
@Horace said in Trumpenomics:
You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?
You know what they say about generals preparing to fight the last war....
Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.
@Horace said in Trumpenomics:
Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.
The fathers of many politicians were toolmakers.
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@Doctor-Phibes said in Trumpenomics:
@Horace said in Trumpenomics:
You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?
You know what they say about generals preparing to fight the last war....
Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.
@Horace said in Trumpenomics:
@Doctor-Phibes said in Trumpenomics:
@Horace said in Trumpenomics:
You have to be hoping to someday land a manufacturing job to be the target audience for these tariffs.
How many people actually want that? And can we really go back to labour-intensive manufacturing, rather than a couple of blokes and a whole shit-ton of robots?
You know what they say about generals preparing to fight the last war....
Manufacturing jobs are nobody's American dream. If they are part of a story of an achieved American dream, they'll be the story of a successful person's parents, to illustrate how in touch the successful person is, with struggle.
I’ll disagree with you, there.
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Who knew?
Link to video -
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Wonder what would happen if countries were asked for a show of hands of how many nations feel it is a good time to end using the US dollar as the reserve currency for trade?
In January the BRICS countries were considering such. In response Trump threw a tantrum:
I doubt if tantrums will act as a credible deterrent to them.
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Holy guacamole! They’re now trying to blind us with all the MAGAt Science.
Kush Desai:
He worked for the Daily Caller?
That’s like a Canadian having served as a
cub reporter for Rebel News -
Technobabble. As if this bullshit needs all the Greek letters and the confusing looking subscripts.
"Consider an environment" my arse.
if you unpick the formula above it boils down to simple maths: take the trade deficit for the US in goods with a particular country, divide that by the total goods imports from that country and then divide that number by two.
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Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.
Link to videoThe Brad
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Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.
Link to videoListened to the first 10 minutes as you recommended.
Shapiro gets it. Why is it so difficult for others to grasp it?
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Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.
Link to video@LuFins-Dad said in Trumpenomics:
Most of you’ns don’t really care for Shapiro, but the first 10 minutes or so are useful.
Link to videoWas just coming here to post this. His economic policies were admitted to be reasonable, even by many never-Trumpers on the right. Boy are they not reasonable anymore.
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Did you catch the bit where he called the Tariffs unconstitutional? If you get enough of the more traditional Republican senators and Congressmen to hear Shapiro and some of the other more traditional commentators come out hard against the tariffs, and they might actually stand up to Trump.
