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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • J Offline
    J Offline
    jon-nyc
    wrote 26 days ago 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 26 days ago
    • J Offline
      J Offline
      jon-nyc
      wrote 26 days ago 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 26 days ago 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 26 days ago last edited by
          #823

          His mistake. He meant sheriffs, not tariffs.

          1 Reply Last reply
          • M Offline
            M Offline
            Mik
            wrote 26 days ago 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

            1 Reply Last reply
            • J jon-nyc
              26 days ago

              Transparency is a hostile act.

              X Offline
              X Offline
              xenon
              wrote 26 days ago 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
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                Horace
                wrote 26 days ago 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 26 days ago 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 26 days ago 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 26 days ago 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 26 days ago last edited by
                        #830

                        Link to video

                        Education is extremely important.

                        1 Reply Last reply
                        • J Offline
                          J Offline
                          jon-nyc
                          wrote 26 days ago 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 26 days ago 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 26 days ago
                            • J Offline
                              J Offline
                              jon-nyc
                              wrote 26 days ago last edited by
                              #833

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              1 Reply Last reply
                              • J jon-nyc
                                26 days ago

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

                                T Offline
                                T Offline
                                taiwan_girl
                                wrote 26 days ago 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

                                1 Reply Last reply
                                • 8 Offline
                                  8 Offline
                                  89th
                                  wrote 26 days ago 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.

                                  1 Reply Last reply
                                  • D Online
                                    D Online
                                    Doctor Phibes
                                    wrote 25 days ago 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

                                    1 Reply Last reply
                                    • J Offline
                                      J Offline
                                      jon-nyc
                                      wrote 25 days ago last edited by jon-nyc
                                      #837

                                      Can’t write this shit.

                                      Best comment: Life comes at ya fast.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • 8 Offline
                                        8 Offline
                                        89th
                                        wrote 25 days ago last edited by
                                        #838

                                        Oh there is a boom coming alright.

                                        1 Reply Last reply
                                        • J Offline
                                          J Offline
                                          jon-nyc
                                          wrote 25 days ago last edited by
                                          #839

                                          IMG_4730.jpeg

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
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