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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • J Online
    J Online
    jon-nyc
    wrote on 6 Mar 2025, 17:20 last edited by
    #49

    Heritage Foundation (Project 2025 authors) are now retconning previous papers about tariffs.

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    T 1 Reply Last reply 6 Mar 2025, 17:51
    • J jon-nyc
      6 Mar 2025, 17:20

      Heritage Foundation (Project 2025 authors) are now retconning previous papers about tariffs.

      T Online
      T Online
      taiwan_girl
      wrote on 6 Mar 2025, 17:51 last edited by
      #50

      @jon-nyc said in Trumpenomics:

      Heritage Foundation (Project 2025 authors) are now retconning previous papers about tariffs.

      But there are still some articles up. So maybe only that one guy. 🤷

      https://www.heritage.org/trade/report/do-no-harm-tariffs-and-quotas-hurt-the-homeland

      Tariffs are taxes on Americans, and quotas cut businesses off from valuable goods that provide Americans with more choice.

      Imports are integral to the competitiveness of domestic producers—and increasing their prices or limiting imports hurts Americans.

      Both tariffs and quotas decrease freedom, disrupt supply chains, and artificially change prices.

      1 Reply Last reply
      • J Online
        J Online
        jon-nyc
        wrote on 6 Mar 2025, 18:09 last edited by jon-nyc 10 days from now
        #51

        Reminded again of the Napoleon quote. I’m not surprised every man has his price. I’m surprised how low it is.

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        1 Reply Last reply
        • J Online
          J Online
          jon-nyc
          wrote on 6 Mar 2025, 18:24 last edited by
          #52

          Bessent: Low prices are overrated.

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • H Offline
            H Offline
            Horace
            wrote on 6 Mar 2025, 18:30 last edited by
            #53

            If the only cheap things in America are the words used by the Trump administration when they tell people that prices don't matter, they are not long for power. Obviously. They must know that.

            Education is extremely important.

            1 Reply Last reply
            • H Offline
              H Offline
              Horace
              wrote on 6 Mar 2025, 18:32 last edited by
              #54

              A fuller context of the quote might have to do with standard of living and income relative to prices, which could make some sense, but the runway needed for that sort of momentum in the face of immediately higher prices, is not there.

              Education is extremely important.

              1 Reply Last reply
              • J Online
                J Online
                jon-nyc
                wrote on 6 Mar 2025, 18:35 last edited by
                #55

                Good point from Alex Tabarrok, GMU colleague of Hanson, Caplan, and Cowen.

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                H 1 Reply Last reply 6 Mar 2025, 18:39
                • J jon-nyc
                  6 Mar 2025, 18:35

                  Good point from Alex Tabarrok, GMU colleague of Hanson, Caplan, and Cowen.

                  H Offline
                  H Offline
                  Horace
                  wrote on 6 Mar 2025, 18:39 last edited by
                  #56

                  @jon-nyc said in Trumpenomics:

                  Good point from Alex Tabarrok, GMU colleague of Hanson, Caplan, and Cowen.

                  That's what I just wrote, but I fleshed it out a bit. Did you post that for the people who have me blocked?

                  Education is extremely important.

                  T 1 Reply Last reply 7 Mar 2025, 18:12
                  • H Offline
                    H Offline
                    Horace
                    wrote on 6 Mar 2025, 18:47 last edited by
                    #57

                    The stock market continues to hemorrhage bigly.

                    Education is extremely important.

                    D 1 Reply Last reply 6 Mar 2025, 19:37
                    • X Offline
                      X Offline
                      xenon
                      wrote on 6 Mar 2025, 18:55 last edited by
                      #58

                      I’ve heard people say it’s all about confidence and optimism.

                      Perhaps investors think Trump doesn’t have the right temperament this time around.

                      Or maybe it’ll be fine tomorrow… who knows.

                      L J 2 Replies Last reply 6 Mar 2025, 20:25
                      • C Offline
                        C Offline
                        Copper
                        wrote on 6 Mar 2025, 19:11 last edited by Copper 10 days from now
                        #59

                        Every tariff discussion should be grounded in two key numbers: 50 and 33

                        Every tariff discussion should be grounded in one key question.

                        Does this tariff help in the coming war against China?

                        Lose that war, and the rest of this doesn't matter.

                        R 1 Reply Last reply 6 Mar 2025, 19:21
                        • C Copper
                          6 Mar 2025, 19:11

                          Every tariff discussion should be grounded in two key numbers: 50 and 33

                          Every tariff discussion should be grounded in one key question.

                          Does this tariff help in the coming war against China?

                          Lose that war, and the rest of this doesn't matter.

                          R Offline
                          R Offline
                          Renauda
                          wrote on 6 Mar 2025, 19:21 last edited by Renauda 10 days from now
                          #60

                          @Copper said in Trumpenomics:

                          Every tariff discussion should be grounded in two key numbers: 50 and 33

                          Every tariff discussion should be grounded in one key question.

                          Does this tariff help in the coming war against China?

                          Lose that war, and the rest of this doesn't matter.

                          Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                          My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

                          Elbows up!

                          J C 2 Replies Last reply 6 Mar 2025, 19:31
                          • R Renauda
                            6 Mar 2025, 19:21

                            @Copper said in Trumpenomics:

                            Every tariff discussion should be grounded in two key numbers: 50 and 33

                            Every tariff discussion should be grounded in one key question.

                            Does this tariff help in the coming war against China?

                            Lose that war, and the rest of this doesn't matter.

                            Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                            My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

                            J Online
                            J Online
                            jon-nyc
                            wrote on 6 Mar 2025, 19:31 last edited by
                            #61

                            @Renauda said in Trumpenomics:

                            Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                            Let's not rush to judgement. He may just be licking the base of his own pinky. You can't really tell.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • R Renauda
                              6 Mar 2025, 19:21

                              @Copper said in Trumpenomics:

                              Every tariff discussion should be grounded in two key numbers: 50 and 33

                              Every tariff discussion should be grounded in one key question.

                              Does this tariff help in the coming war against China?

                              Lose that war, and the rest of this doesn't matter.

                              Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                              My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

                              C Offline
                              C Offline
                              Copper
                              wrote on 6 Mar 2025, 19:37 last edited by
                              #62

                              @Renauda said in Trumpenomics:

                              @Copper said in Trumpenomics:

                              Every tariff discussion should be grounded in two key numbers: 50 and 33

                              Every tariff discussion should be grounded in one key question.

                              Does this tariff help in the coming war against China?

                              Lose that war, and the rest of this doesn't matter.

                              Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                              My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

                              You don't seem to be a friend.

                              Check your spelling.

                              R 2 Replies Last reply 6 Mar 2025, 19:43
                              • H Horace
                                6 Mar 2025, 18:47

                                The stock market continues to hemorrhage bigly.

                                D Offline
                                D Offline
                                Doctor Phibes
                                wrote on 6 Mar 2025, 19:37 last edited by
                                #63

                                @Horace said in Trumpenomics:

                                The stock market continues to hemorrhage bigly.

                                Maybe it's all a cunning plan to make TruthSocial look more appealing than nVidia.

                                I was only joking

                                1 Reply Last reply
                                • C Copper
                                  6 Mar 2025, 19:37

                                  @Renauda said in Trumpenomics:

                                  @Copper said in Trumpenomics:

                                  Every tariff discussion should be grounded in two key numbers: 50 and 33

                                  Every tariff discussion should be grounded in one key question.

                                  Does this tariff help in the coming war against China?

                                  Lose that war, and the rest of this doesn't matter.

                                  Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                                  My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

                                  You don't seem to be a friend.

                                  Check your spelling.

                                  R Offline
                                  R Offline
                                  Renauda
                                  wrote on 6 Mar 2025, 19:43 last edited by Renauda 10 days from now
                                  #64

                                  @Copper said in Trumpenomics:

                                  @Renauda said in Trumpenomics:

                                  @Copper said in Trumpenomics:

                                  Every tariff discussion should be grounded in two key numbers: 50 and 33

                                  Every tariff discussion should be grounded in one key question.

                                  Does this tariff help in the coming war against China?

                                  Lose that war, and the rest of this doesn't matter.

                                  Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                                  My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

                                  You don't seem to be a friend.

                                  You’re right, I am not your friend and, by the way, your disingenuous head is still up your arse.

                                  Elbows up!

                                  1 Reply Last reply
                                  • J Online
                                    J Online
                                    jon-nyc
                                    wrote on 6 Mar 2025, 20:21 last edited by
                                    #65

                                    He's alienating a lot of Trump voters on this.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • X xenon
                                      6 Mar 2025, 18:55

                                      I’ve heard people say it’s all about confidence and optimism.

                                      Perhaps investors think Trump doesn’t have the right temperament this time around.

                                      Or maybe it’ll be fine tomorrow… who knows.

                                      L Offline
                                      L Offline
                                      LuFins Dad
                                      wrote on 6 Mar 2025, 20:25 last edited by
                                      #66

                                      @xenon said in Trumpenomics:

                                      I’ve heard people say it’s all about confidence and optimism.

                                      Perhaps investors think Trump doesn’t have the right temperament this time around.

                                      Or maybe it’ll be fine tomorrow… who knows.

                                      I have confidence and optimism that Trump will pivot if it looks like the market will continue to plummet…

                                      The Brad

                                      1 Reply Last reply
                                      • J Online
                                        J Online
                                        jon-nyc
                                        wrote on 6 Mar 2025, 20:55 last edited by
                                        #67

                                        lol. Does everyone get the reference?

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        J 1 Reply Last reply 6 Mar 2025, 22:52
                                        • C Copper
                                          6 Mar 2025, 19:37

                                          @Renauda said in Trumpenomics:

                                          @Copper said in Trumpenomics:

                                          Every tariff discussion should be grounded in two key numbers: 50 and 33

                                          Every tariff discussion should be grounded in one key question.

                                          Does this tariff help in the coming war against China?

                                          Lose that war, and the rest of this doesn't matter.

                                          Then if that is the parallel world you live in, MAGAt USA should immediately stop shitting on its friends and allies with punitive sanctions disguised as tariffs, and extortionist threats. Would help too to your perfidious demagogue president would stop licking Putin’s ass.

                                          My next elbow will be a hell of lot harder if you come back at me with your usual disingeuous and passive aggressive snark

                                          You don't seem to be a friend.

                                          Check your spelling.

                                          R Offline
                                          R Offline
                                          Renauda
                                          wrote on 6 Mar 2025, 21:19 last edited by Renauda 10 days from now
                                          #68

                                          @Copper

                                          Check your spelling.

                                          Sorry I missed that earlier.

                                          Okay then, you tell me how to spell “wanker” in American. Better than anyone else here, you are the one who ought to know.

                                          My spelling is fine thank you and every bit as good as your’s or anyone else’s here.

                                          Elbows up!

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