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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • J Jolly
    9 Apr 2025, 15:40

    @Horace said in Trumpenomics:

    @Jolly said in Trumpenomics:

    @Doctor-Phibes said in Trumpenomics:

    @LuFins-Dad said in Trumpenomics:

    The comments are disturbing.

    I shouldn't worry, you're sampling a subset of people who feel the best use of their time in contributing to this debate is to post remarks on YouTube.

    At times, your hatred of all things political causes you to descend into absolute stupid supposed witicisms. Do you know John Kennedy? Ever sat across the room from him and listened to him work a meeting? Ever watch him go through a financial spreadsheet?

    Maybe you didn't watch the video, but Senator Kennedy, who I think almost everybody here likes and respects, believes the tariffs are bad for the American economy. He affectionately calls Trump the dog that caught the car, and he thinks the only way forward from there is to use tariffs as a temporary negotiating tactic. Not a permanent trade barrier.

    Kennedy may be right. I don't know. As I've said, I think I have an idea of where Trump wants to go.

    But, I do get tired of banal comments masquerading as wit, trashing any and all politicians. Politicians are like lawyers, they are a necessary evil. And like a lot of lawyers, they are ego driven...I understand that. But any time you have more than three people in a room, politics comes into play. When you're dealing with more people, you have more politics. Without some people who are good at the game, nothing can be accomplished.

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    Doctor Phibes
    wrote on 9 Apr 2025, 17:31 last edited by Doctor Phibes 4 Sept 2025, 17:33
    #597

    @Jolly said in Trumpenomics:

    But, I do get tired of banal comments masquerading as wit, trashing any and all politicians.

    Dude, I had to put up with four long years of you repeating the 'Resident' joke. Four fucking years with one terrible joke.

    Banal would have been an improvement.

    I was only joking

    1 Reply Last reply
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      Mik
      wrote on 9 Apr 2025, 19:38 last edited by
      #598

      Liking today.

      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

      1 Reply Last reply
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        LuFins Dad
        wrote on 9 Apr 2025, 19:49 last edited by
        #599

        Damnit, my 401K contribution goes through tomorrow…😡

        The Brad

        1 Reply Last reply
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          Mik
          wrote on 9 Apr 2025, 20:05 last edited by
          #600

          So much for dollar cost averaging.

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

          1 Reply Last reply
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            Horace
            wrote on 9 Apr 2025, 20:27 last edited by
            #601

            Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.

            Education is extremely important.

            R 1 Reply Last reply 9 Apr 2025, 20:47
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              89th
              wrote on 9 Apr 2025, 20:41 last edited by
              #602

              1 Reply Last reply
              😆
              • H Horace
                9 Apr 2025, 20:27

                Trump made an escalating trade war with China, feel like a cool summer breeze. I guess that's 4D chess for you.

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                Renauda
                wrote on 9 Apr 2025, 20:47 last edited by
                #603

                @Horace

                . I guess that's 4D chess for you.

                Not at all. More like contract whist or, as we used to call it in the Mess Hall, Bugger your Neighbour.

                Elbows up!

                1 Reply Last reply
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                  jon-nyc
                  wrote on 9 Apr 2025, 20:49 last edited by
                  #604

                  Interesting thought experiment.

                  alt text

                  "You never know what worse luck your bad luck has saved you from."
                  -Cormac McCarthy

                  1 Reply Last reply
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                    Horace
                    wrote on 9 Apr 2025, 20:54 last edited by
                    #605

                    The presidential election version of that is "I'd vote for a can of soup over Trump". More of a pithy comment than a thought experiment, though bravo to the writer for the carefully crafted description of a bag of bricks.

                    Education is extremely important.

                    1 Reply Last reply
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                      Horace
                      wrote on 9 Apr 2025, 21:12 last edited by
                      #606

                      Lutnick and Navarro are probably among the few people in the country to be disappointed by this pause. Trump supporters who were excited about tariffs, are now probably just excited by this brilliant negotiating tactic of pausing the tariffs.

                      Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                      Education is extremely important.

                      R 1 Reply Last reply 9 Apr 2025, 21:27
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                        kluurs
                        wrote on 9 Apr 2025, 21:24 last edited by
                        #607

                        Link to video

                        1 Reply Last reply
                        • H Horace
                          9 Apr 2025, 21:12

                          Lutnick and Navarro are probably among the few people in the country to be disappointed by this pause. Trump supporters who were excited about tariffs, are now probably just excited by this brilliant negotiating tactic of pausing the tariffs.

                          Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

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                          Renauda
                          wrote on 9 Apr 2025, 21:27 last edited by
                          #608

                          @Horace

                          Navarro and Lutnick are joined in their disappointment, by protectionist populist far-left types, I guess.

                          Lutnick does look a lot like Lenin.

                          Coincidence?

                          Elbows up!

                          1 Reply Last reply
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                            jon-nyc
                            wrote on 9 Apr 2025, 21:36 last edited by
                            #609

                            Auto market research firm Telemetry estimates 1.8MM fewer new cars will be sold this year. Last year total sales were ~15MM, so this is over 10% drop.

                            "You never know what worse luck your bad luck has saved you from."
                            -Cormac McCarthy

                            1 Reply Last reply
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                              jon-nyc
                              wrote on 9 Apr 2025, 21:40 last edited by
                              #610

                              Obviously vehicle dependent, but here are average new taxes by brand.

                              IMG_4072.jpeg

                              "You never know what worse luck your bad luck has saved you from."
                              -Cormac McCarthy

                              1 Reply Last reply
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                                jon-nyc
                                wrote on 9 Apr 2025, 21:42 last edited by jon-nyc 4 Sept 2025, 21:44
                                #611

                                Do we have any Tata cars in the US? And who’s Geely?

                                "You never know what worse luck your bad luck has saved you from."
                                -Cormac McCarthy

                                T 1 Reply Last reply 12 Apr 2025, 02:07
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                                  kluurs
                                  wrote on 9 Apr 2025, 21:48 last edited by
                                  #612

                                  Next time, everyone pay attention...

                                  image.png

                                  1 Reply Last reply
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                                    Axtremus
                                    wrote on 9 Apr 2025, 21:54 last edited by
                                    #613

                                    Trump undoes Liberation Day, and the market rejoices.

                                    The market hates Liberation.

                                    1 Reply Last reply
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                                      Axtremus
                                      wrote on 9 Apr 2025, 22:03 last edited by Axtremus 4 Sept 2025, 22:07
                                      #614

                                      Suppose you're a businessman, what would you do with this "90 day pause"? Import more before high tariffs kick in again?

                                      As a consumer, what would you do? Accelerate buying imported stuff that you planned to purchase anyway before the tariffs situation changes again?

                                      Anybody thinks "let's move more manufacturing back onshore before the high tariffs kick in again"?

                                      1 Reply Last reply
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                                        Axtremus
                                        wrote on 9 Apr 2025, 22:56 last edited by
                                        #615

                                        As posted by Trump on Truth Social on April 4, 2025:

                                        TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE, ...

                                        https://truthsocial.com/@realDonaldTrump/posts/114279756371714617

                                        1 Reply Last reply
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                                          jon-nyc
                                          wrote on 9 Apr 2025, 23:33 last edited by
                                          #616

                                          And with 25% on aluminum, steel, and autos.

                                          "You never know what worse luck your bad luck has saved you from."
                                          -Cormac McCarthy

                                          H 1 Reply Last reply 9 Apr 2025, 23:43
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