Trumpenomics
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Feldman cowrote this piece. Worth reading.
@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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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.
@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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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.
Education is extremely important.
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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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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.
The Brad
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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.
@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.
I was only joking
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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.
@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.
Yesterday 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.
@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.
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@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?
@Axtremus said in Trumpenomics:
@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?
Protectionism, high tariffs, limited trade, government intervention in the free markets… these are all traditional positions of the “progressive” left and have traditionally been at odds with conservatives.
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The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
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The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
@89th said in Trumpenomics:
I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Wrong. AOC is absolutely winning the polling right now.
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The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
@89th said in Trumpenomics:
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
The question is, does he really give a shit?
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The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
@89th said in Trumpenomics:
The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
Generic question: Is what is good for the stock market the same thing as what is good for the country?
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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@89th said in Trumpenomics:
The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
Generic question: Is what is good for the stock market the same thing as what is good for the country?
@Jolly said in Trumpenomics:
@89th said in Trumpenomics:
The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
Generic question: Is what is good for the stock market the same thing as what is good for the country?
I don't think that's the way 89th used the word "market".
But the answer to the question is pretty close to "yes". It gives everybody with some income and ability to save, the opportunity to participate in the miracle of compound interest. That way lies the American dream, and there is no more accessible path to it.
How do you suppose Dave Ramsey would answer that question?
I am sure we can all stipulate that the stock market does not matter to people who do not save for their futures, and that they are people too, and that their lives matter. Maybe Trump's plans will be good for them, but then you'd be up against the difficult task of explaining how.
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@89th said in Trumpenomics:
The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
Generic question: Is what is good for the stock market the same thing as what is good for the country?
@Jolly said in Trumpenomics:
@89th said in Trumpenomics:
The term paleoconservative (is new to me) but certainly is a deviation from traditional and/or neoconservatives.
Anyway, the market is absolutely ripe for a moderate to come in that is fiscally conservative, moderately social, judiciously conservative, free market, pragmatic regulations, good at communications, and restores respect/honesty to the office.... would this be a new political party, or will one just pounce on the opportunity? I'd imagine the left will find someone reasonable (not AOC, not bernie, not gavin....well maybe gavin) that tries to fit into that moderate mold that'll win over the country, at least enough to win office. Oh... and if they can shore up some of the latino vote, then we might see them in power for a while.
Trump is absolutely shooting the GOP in the foot, per Mik's note about 2026 earlier...
Generic question: Is what is good for the stock market the same thing as what is good for the country?
This is true even the minority of the country with no direct exposure to the market. The market is a measure of health of the companies that employ a lot of people who may not own any stock.
