Trumpenomics
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wrote on 29 Apr 2025, 13:12 last edited by
Winning by a factor(y) of 10!
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Yeah, but if you suffocate efficiency out of the markets and force America to build stuff that other countries used to build for us very cheaply, you will create factory jobs. For every 20 jobs lost from the efficient economy that we destroyed with tariffs, we create one factory job. Everybody knows the value conversion between a factory job and a job in an efficient economy is 1:1000, so 1:20 is a huge win.
I can't wait for the documentaries following factory workers through a day in their lives, so we can all see the magic we've created. It will go down in history as America's single greatest accomplishment.
I would like to see factory jobs on all of our currency going forward. And put factory jobs on our flag.
wrote on 29 Apr 2025, 13:15 last edited by@Horace said in Trumpenomics:
Yeah, but if you suffocate efficiency out of the markets and force America to build stuff that other countries used to build for us very cheaply, you will create factory jobs. For every 20 jobs lost from the efficient economy that we destroyed with tariffs, we create one factory job. Everybody knows the value conversion between a factory job and a job in an efficient economy is 1:1000, so 1:20 is a huge win.
I can't wait for the documentaries following factory workers through a day in their lives, so we can all see the magic we've created. It will go down in history as America's single greatest accomplishment.
I would like to see factory jobs on all of our currency going forward. And put factory jobs on our flag.
I think it's important to support this initiative, so I'm going to be visiting a factor over the weekend, and supporting factory workers. I love cheesecake, so it's a win-win.
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wrote on 29 Apr 2025, 13:24 last edited by
Sounds like a good plan. Maybe I'll check out where they make Buffalo Wings.
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wrote on 29 Apr 2025, 13:27 last edited by
Just steer clear of the sausage factory. You really don't want to know.
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wrote on 29 Apr 2025, 13:27 last edited by
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wrote on 29 Apr 2025, 13:48 last edited by
Whew!
JUST IN: Bessent says tariffs will not cause shortages of consumer goods
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wrote on 29 Apr 2025, 13:49 last edited by
That's a relief. Any word on whether tariffs raise prices?
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wrote on 29 Apr 2025, 14:26 last edited by
His mistake. He meant sheriffs, not tariffs.
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wrote on 29 Apr 2025, 14:26 last edited by
They already have. We got a quote on a follow spot for the high school. It was $3500 plus a $750 tariff reclamation fee.
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wrote on 29 Apr 2025, 16:55 last edited by
@jon-nyc said in Trumpenomics:
Transparency is a hostile act.
The irony is that the government's response to this private business's actions is a hostile and political act.
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wrote on 29 Apr 2025, 16:58 last edited by
When Bezos allegedly bent the knee to Trump before the election, he was clear that he wanted WaPo editorials to support free markets. Being anti-tariff is on-brand, and principled, and should probably earn him some credit from those who think he was just supplicating before Trump.
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wrote on 29 Apr 2025, 17:17 last edited by 89th
To be fair, Amazon was planning on labeling the field on the screen
"Extra Trump tariff fees that are sooooo like dumb: $5.99"
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wrote on 29 Apr 2025, 17:19 last edited by
I have no problem with the public knowing the cost of what they buy. It's a good thing.
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wrote on 29 Apr 2025, 17:19 last edited by jon-nyc
They should troll the administration by saying next to the tariff line ‘you can get this reimbursed by China. Contact the white house switchboard to find out how’.
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wrote on 29 Apr 2025, 17:58 last edited by
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wrote on 29 Apr 2025, 20:45 last edited by
That’s clever and well done.
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wrote on 29 Apr 2025, 20:45 last edited by
The S&P500 experienced its biggest first 100 day loss for a President since 1973, per WSJ
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wrote on 29 Apr 2025, 22:03 last edited by
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wrote on 30 Apr 2025, 01:37 last edited by
@jon-nyc said in Trumpenomics:
The S&P500 experienced its biggest first 100 day loss for a President since 1973, per WSJ
Here is the Dow Jones showing returns since Election Day. To be fair to President Trump, he is about the same as President Obama at this point, but I am not sure the trend of President Trump will match the trend of President Obama.
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wrote on 30 Apr 2025, 02:48 last edited by
Maybe I missed it but I heard the phrase "fair trade" a few times today in the news. I'm guessing the Administration is going to start using that phrase up the wazoo until it replaces "tariffs" in every news release.