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The New Coffee Room

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  3. Trumpenomics

Trumpenomics

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  • H Horace
    29 Apr 2025, 13:04

    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.

    D Offline
    D Offline
    Doctor Phibes
    wrote on 29 Apr 2025, 13:15 last edited by
    #817

    @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.

    I was only joking

    1 Reply Last reply
    • 8 Offline
      8 Offline
      89th
      wrote on 29 Apr 2025, 13:24 last edited by
      #818

      Sounds like a good plan. Maybe I'll check out where they make Buffalo Wings.

      1 Reply Last reply
      • D Offline
        D Offline
        Doctor Phibes
        wrote on 29 Apr 2025, 13:27 last edited by
        #819

        Just steer clear of the sausage factory. You really don't want to know.

        I was only joking

        1 Reply Last reply
        • J Offline
          J Offline
          jon-nyc
          wrote on 29 Apr 2025, 13:27 last edited by
          #820

          Transparency is a hostile act.

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          X 1 Reply Last reply 29 Apr 2025, 16:55
          • J Offline
            J Offline
            jon-nyc
            wrote on 29 Apr 2025, 13:48 last edited by
            #821

            Whew!

            JUST IN: Bessent says tariffs will not cause shortages of consumer goods

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • H Offline
              H Offline
              Horace
              wrote on 29 Apr 2025, 13:49 last edited by
              #822

              That's a relief. Any word on whether tariffs raise prices?

              Education is extremely important.

              1 Reply Last reply
              • 8 Offline
                8 Offline
                89th
                wrote on 29 Apr 2025, 14:26 last edited by
                #823

                His mistake. He meant sheriffs, not tariffs.

                1 Reply Last reply
                • M Offline
                  M Offline
                  Mik
                  wrote on 29 Apr 2025, 14:26 last edited by
                  #824

                  They already have. We got a quote on a follow spot for the high school. It was $3500 plus a $750 tariff reclamation fee.

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

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                  • J jon-nyc
                    29 Apr 2025, 13:27

                    Transparency is a hostile act.

                    X Offline
                    X Offline
                    xenon
                    wrote on 29 Apr 2025, 16:55 last edited by
                    #825

                    @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.

                    1 Reply Last reply
                    • H Offline
                      H Offline
                      Horace
                      wrote on 29 Apr 2025, 16:58 last edited by
                      #826

                      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.

                      Education is extremely important.

                      1 Reply Last reply
                      • 8 Offline
                        8 Offline
                        89th
                        wrote on 29 Apr 2025, 17:17 last edited by 89th
                        #827

                        To be fair, Amazon was planning on labeling the field on the screen

                        "Extra Trump tariff fees that are sooooo like dumb: $5.99"

                        1 Reply Last reply
                        • M Offline
                          M Offline
                          Mik
                          wrote on 29 Apr 2025, 17:19 last edited by
                          #828

                          I have no problem with the public knowing the cost of what they buy. It's a good thing.

                          “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
                          • J Offline
                            J Offline
                            jon-nyc
                            wrote on 29 Apr 2025, 17:19 last edited by jon-nyc
                            #829

                            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’.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • H Offline
                              H Offline
                              Horace
                              wrote on 29 Apr 2025, 17:58 last edited by
                              #830

                              Link to video

                              Education is extremely important.

                              1 Reply Last reply
                              • J Offline
                                J Offline
                                jon-nyc
                                wrote on 29 Apr 2025, 20:45 last edited by
                                #831

                                That’s clever and well done.

                                Only non-witches get due process.

                                • Cotton Mather, Salem Massachusetts, 1692
                                1 Reply Last reply
                                • J Offline
                                  J Offline
                                  jon-nyc
                                  wrote on 29 Apr 2025, 20:45 last edited by
                                  #832

                                  The S&P500 experienced its biggest first 100 day loss for a President since 1973, per WSJ

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  T 1 Reply Last reply 30 Apr 2025, 01:37
                                  • J Offline
                                    J Offline
                                    jon-nyc
                                    wrote on 29 Apr 2025, 22:03 last edited by
                                    #833

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • J jon-nyc
                                      29 Apr 2025, 20:45

                                      The S&P500 experienced its biggest first 100 day loss for a President since 1973, per WSJ

                                      T Offline
                                      T Offline
                                      taiwan_girl
                                      wrote on 30 Apr 2025, 01:37 last edited by
                                      #834

                                      @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.

                                      stock-market-performance-by-president-from-election-date-2025-04-30-macrotrends.png

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                                      • 8 Offline
                                        8 Offline
                                        89th
                                        wrote on 30 Apr 2025, 02:48 last edited by
                                        #835

                                        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.

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                                        • D Offline
                                          D Offline
                                          Doctor Phibes
                                          wrote on 30 Apr 2025, 14:13 last edited by
                                          #836

                                          I'm kind of hoping they start using the word 'resignation' soon, but it doesn't seem very likely based on his transcendental performance.

                                          I was only joking

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