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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trumpenomics

Trumpenomics

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  • J Online
    J Online
    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 Away
          M Away
          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

          1 Reply Last reply
          • 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 Away
                  M Away
                  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 Online
                    J Online
                    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 Online
                        J Online
                        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 Online
                          J Online
                          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 Online
                            J Online
                            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

                              1 Reply Last reply
                              • 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.

                                1 Reply Last reply
                                • 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

                                  1 Reply Last reply
                                  • J Online
                                    J Online
                                    jon-nyc
                                    wrote on 30 Apr 2025, 14:25 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 on 30 Apr 2025, 16:51 last edited by
                                      #838

                                      Oh there is a boom coming alright.

                                      1 Reply Last reply
                                      • J Online
                                        J Online
                                        jon-nyc
                                        wrote on 30 Apr 2025, 17:06 last edited by
                                        #839

                                        IMG_4730.jpeg

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • J Online
                                          J Online
                                          jon-nyc
                                          wrote 30 days ago last edited by
                                          #840

                                          “Your family will have less, but it’ll be more expensive”.

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
                                          8 1 Reply Last reply 30 days ago
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                                          29 Apr 2025, 17:58


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