Trumpenomics
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wrote on 15 Apr 2025, 16:14 last edited by
American farmers plead for tax-payer bailouts:
https://www.theguardian.com/us-news/2025/apr/15/farmers-trump-tariffs-bailout-extreme-weather
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wrote on 15 Apr 2025, 17:14 last edited by
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wrote on 15 Apr 2025, 20:46 last edited by
Not going to help GDP numbers.
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wrote on 15 Apr 2025, 21:28 last edited by
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wrote on 16 Apr 2025, 08:29 last edited by
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wrote on 16 Apr 2025, 10:38 last edited by
https://www.foxbusiness.com/markets/china-halts-boeing-jet-orders
So now China is boycotting Boeing, presumably switching all their business to airbus. Planes parts service, the whole Monty.
Boeing is in for a rough time, imagine losing all those orders, and Boeing factory people being layed off because of the lost market potential.
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wrote on 16 Apr 2025, 10:40 last edited by
The country's top three airlines – Air China, China Eastern Airlines and China Southern Airlines – have plans to take delivery of 45, 53 and 81 Boeing planes, respectively, between 2025-2027, Reuters reports.
Sounds like a lot of jobs. I wonder how many of the workers voted for this.
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https://www.foxbusiness.com/markets/china-halts-boeing-jet-orders
So now China is boycotting Boeing, presumably switching all their business to airbus. Planes parts service, the whole Monty.
Boeing is in for a rough time, imagine losing all those orders, and Boeing factory people being layed off because of the lost market potential.
wrote on 16 Apr 2025, 11:25 last edited by@bachophile said in Trumpenomics:
https://www.foxbusiness.com/markets/china-halts-boeing-jet-orders
So now China is boycotting Boeing, presumably switching all their business to airbus. Planes parts service, the whole Monty.
Boeing is in for a rough time, imagine losing all those orders, and Boeing factory people being layed off because of the lost market potential.
5D suicide chess.
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wrote on 16 Apr 2025, 11:44 last edited by
Feldman cowrote this piece. Worth reading.
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Feldman cowrote this piece. Worth reading.
wrote on 16 Apr 2025, 12:39 last edited by@Mik said in Trumpenomics:
Feldman cowrote this piece. Worth reading.
Good piece.
I don't know how many people voted for the destruction of global trade. I didn't.
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wrote on 16 Apr 2025, 12:42 last edited by
Nor did I. The universal tariff thing threw me off. Maybe he thinks he's complying with GATT.
If nothing else, though, this episode will educate more people on tariffs and trade.
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Nor did I. The universal tariff thing threw me off. Maybe he thinks he's complying with GATT.
If nothing else, though, this episode will educate more people on tariffs and trade.
wrote on 16 Apr 2025, 13:39 last edited by@Mik said in Trumpenomics:
Nor did I. The universal tariff thing threw me off. Maybe he thinks he's complying with GATT.
If nothing else, though, this episode will educate more people on tariffs and trade.
Yep. Trump draws attention, and people are educated about politics and all things geopolitical, due to that attention. Some worry that the masses are learning all the wrong lessons, but I think the education has a lot of value.
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wrote on 16 Apr 2025, 13:53 last edited by
And we thought college was an expensive education!
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wrote on 16 Apr 2025, 13:57 last edited by Horace
His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.
If the party of free markets going forward is the Democrats, so be it, I'll be voting Democrat. But a free market GOP would be preferable.
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wrote on 16 Apr 2025, 15:06 last edited by
Both parties have picked up some counterproductive alliances. Someone didn't remember "it's the economy, stupid" lesson from a while ago. Pretty soon, the economy will be the only issue. What's funny to me is that many (most?) people have yet to feel the impact of the tariffs. Ignorance, of which our nation has an abundance, is bliss.
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wrote on 16 Apr 2025, 15:09 last edited by
Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.
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His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.
If the party of free markets going forward is the Democrats, so be it, I'll be voting Democrat. But a free market GOP would be preferable.
wrote on 16 Apr 2025, 15:11 last edited by Doctor Phibes@Horace said in Trumpenomics:
His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.
The right-left divide seems to be breaking down. It's all about Trump for both detractors and supporters. People who claim to be conservative are backing protectionism and government intervention, and obviously everybody who is left of center hates his guts so they won't support anything he does.
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Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.
wrote on 16 Apr 2025, 16:16 last edited by@LuFins-Dad said in Trumpenomics:
The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.
Huh? What are you talking about?
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@Horace said in Trumpenomics:
His economic mistakes are classically leftist, I think (though the dichotomy probably breaks down). Hopefully the backlash will be towards more capitalism and free markets. Generally, one worries that backlash against Trump will be too far to the left, but this is setting up to be a backlash towards an appreciation of free markets.
The right-left divide seems to be breaking down. It's all about Trump for both detractors and supporters. People who claim to be conservative are backing protectionism and government intervention, and obviously everybody who is left of center hates his guts so they won't support anything he does.
wrote on 16 Apr 2025, 16:24 last edited by RenaudaYesterday TomK described Trump as a postmodern icon in this post:
https://nodebb.the-new-coffee-room.club/post/337049
I pursued Tom’s statement a bit further and found this article discussing that view. I don’t think it is off the mark. In fact it seems to be a common feature and we see it repeated time and again from Trump cultists.
For Trump, facts are primarily what one feels is, or should be, true. And what one feels is completely subjective.
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Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.
wrote on 16 Apr 2025, 18:00 last edited by@LuFins-Dad said in Trumpenomics:
Bernie, AOC, and Elizabeth Warren have to be concerned as hell right now… The entire country is freaking out and turning against the pro-labor policies that they’ve always advocated for.
Win-win, IOW.