Trumpenomics

jon-nyc

Cliff Asness comments:

I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

Horace

@jon-nyc said in Trumpenomics:

Cliff Asness comments:

I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

Yep.

At least Trump will make pro capitalism noises though.

Axtremus

@Horace said in Trumpenomics:

@jon-nyc said in Trumpenomics:

Cliff Asness comments:

I may have mentioned this but we have two economically left-wing parties now that only differ in their preferred pronouns.

Yep.

At least Trump will make pro capitalism noises though.

Perhaps along with also more ICE raids at Walmart locations?

jon-nyc

Maybe the phone isn’t really ringing off the hook.

jon-nyc

jon-nyc

jon-nyc

Wait, I thought foreigners paid the tariffs.

89th

I know this is wasted CO2 at this point but how does Trump have the "power" to point to a specific company and tell them they're going to pay a 25% tax on their products?

Axtremus

I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

jon-nyc

Of course it would cost way more than 25% of the iPhone price just to manufacture them here, to say nothing of the cost of building new plants, etc, to accommodate a policy that will be voided by the next administration. So we'll get more expensive phones AND no jobs.

Win-win!

Horace

Tim Cook made a valiant effort to explain things to him in the white house last week, but apparently to no avail. Trump lives in his own economic reality. So, this will just be a drag on America's greatest company, to no benefit to anybody, other than maybe Apple's international competition.

Axtremus

@Horace said in Trumpenomics:

So, this will just be a drag on America's greatest company, ...

No, this will not be a drag on the Trump Organization.

jon-nyc

And foreign governments know this too.

LuFins Dad

@Axtremus said in Trumpenomics:

I vaguely recall there is a political ideology that says the government centrally controls what you produce. What's that called again?

The Democrat Party. Congratulations on getting a Democrat in the White House.

The New Coffee Room

Trumpenomics