Economy

Scarlet said:
Because it takes an intelligence level of a post doctorate degree holder in quantum physics that an eye-drop salesman just doesn't possess to understand the possibility that someone as ethical and trustworthy as Trump would never, ever tipoff off a few insiders (for a price of course) just how deep and insane his tariffs were going to be a few hours before announcing it to the world.  There's no way the likes of Jared Kushner are sitting on a mountain of cash right now.   :facepalm:
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We should ask the eye drop salesman/women their take.  
 

“oligarchs Jerry, it’s the oligarchs”.  😂😂😂😂

 
JJ Husker said:
Actually a very good point, seriously. There is nothing you could say that would satisfy my curiosity as to why you have or ever would trust the narcissistic and selfish POS. I guess we’ll just leave it at, you blindly or misguidedly trust Trump/MAGA and hope, against all evidence, that they are operating in our best interests.  I don’t.
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My post had literally nothing to do with trust.  Told you many times now in the past week, these tariffs are a self induced market tank at the present time. Maybe try responding to what’s posted vs what you wish was posted.  
 

My post was taking about a Presidential term and how tariffs could derail it at the very beginning of it.   You spouted off about term limits and grift for some reason then here we are.  Once again 

 
Archy1221 said:
My post had literally nothing to do with trust.  Told you many times now in the past week, these tariffs are a self induced market tank at the present time. Maybe try responding to what’s posted vs what you wish was posted.  
 

My post was taking about a Presidential term and how tariffs could derail it at the very beginning of it.   You spouted off about term limits and grift for some reason then here we are.  Once again 
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Wrong. Every post and policy defense you make of Trump/MAGA/Rs is based on your trust in him/them. Either that or you’re an incredible enigma or liar that doesn’t actually live or believe what you post here.

You’ve claimed multiple times that the skin Trump has in the game is his “Presidency”, his legacy. Others have explained those things pale in comparison to his narcissism, personal wealth and power. You have disagreed with that, therefore you trust, believe, hope (whatever word you want to use for it) in DJT. It’s inherent and applicable to any related discussion.

 
JJ Husker said:
Wrong. Every post and policy defense you make of Trump/MAGA/Rs is based on your trust in him/them. Either that or you’re an incredible enigma or liar that doesn’t actually live or believe what you post here.

You’ve claimed multiple times that the skin Trump has in the game is his “Presidency”, his legacy. Others have explained those things pale in comparison to his narcissism, personal wealth and power. You have disagreed with that, therefore you trust, believe, hope (whatever word you want to use for it) in DJT. It’s inherent and applicable to any related discussion.
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🤦‍♀️

 
Archy1221 said:
The Canada/Mexico piece of this is my biggest worry/issue too.  
 

The Mexico wage gap is the biggest impediment to true free trade in North America IMO.   If their wages were more in line with ours, then it’s easy to say free trade across the board  
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The only way that happens is if a lot more jobs go to Mexico and they have to compete for workers. 
 

The bloated idiot can think he can force them to raise the minimum wage. But, why would they do that?  Cheap labor is about the only resource they have. 
 

Meanwhile, Americans benefit from that cheap labor having it this close. Companies get products made cheaper and the public gets lower prices. 
 

Last I checked, we don’t have many people standing in line to work for those wages. 

 
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BigRedBuster said:
The only way that happens is if a lot more jobs go to Mexico and they have to compete for workers. 
 

The bloated idiot can think he can force them to raise the minimum wage. But, why would they do that?  Cheap labor is about the only resource they have. 
 

Meanwhile, Americans benefit from that cheap labor having it this close. Companies get products made cheaper and the public gets lower prices. 
 

Last I checked, we don’t have many people standing in line to work for those wages. 
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Exactly. That cheap labor in other countries and our consumer culture is why we have the trade deficits we do. That’s not a bad deal for the US if you like lower costs. Arguably it may not be the most humane situation for those countries but it works to our benefit and that certainly is not what Trump aims to correct. Considering we don’t have the labor force, numbers or desire, for most of those jobs makes it really difficult to think he is accomplishing anything other than f#&%ing up what has been long term symbiotic relationships. Trump claims we’ve been getting fleeced by all these other countries. I’d say it’s the exact opposite.

 
Archy1221 said:
Anyone with money on the side will benefit from this.  The more you have on the side the more you can potentially benefit.  @teachercd mentioned this earlier.   Who was smart enough to get out vs who wasn’t. 

Ok 
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I wonder how many oligarchs who are in close contact with the admin knew before even. I'm sure Thiel and Elon did. Even without getting out first it doesn't really matter though. Obviously that's a huge benefit but even without getting out in time they have enough to survive a dip and take a loan out vs their non liquid assets and buy back in while it's low.

And that is just stocks. Many smaller business won't be able to handle the increased prices depending how long this lasts and then bigger corps will continue to take more market share. It's very hard to know what Trump does on purpose or not but either way the results of this will increase the wealth disparity the longer it goes on. I guess that is for sure one thing he will have in common with Reagan. 

 
teachercd said:
I am guessing that most of us are the same, we all want the cheapest f#&%ing product, right
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You would think that because it’s logical. But it only applies to just under half of us mysteriously. Trump promised big beautiful tariffs and dips#!ts still voted for him. That leaves only three options for them.

1- they actually like paying more than needed for things.

2- they were too stupid to understand the effects of massive tariffs.

3- they thought Trump was lying to them and knowingly voted for someone who would lie to their face.

So congrats Trump voters. You definitely fit at least one of these categories. You must be so proud.

 
JJ Husker said:
You would think that because it’s logical. But it only applies to just under half of us mysteriously. Trump promised big beautiful tariffs and dips#!ts still voted for him. That leaves only three options for them.

1- they actually like paying more than needed for things.

2- they were too stupid to understand the effects of massive tariffs.

3- they thought Trump was lying to them and knowingly voted for someone who would lie to their face.

So congrats Trump voters. You definitely fit at least one of these categories. You must be so proud.
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I talked to a guy yesterday that honestly thought Trump paid for all the golf he does.   Somehow the topic came up about the 10s of millions of dollars that his golf has cost.  He refused to believe that the govt pays for his travel, security, etc because “Trump pays his own salary”.  He was also pissed when I tried to explain that at best, Trump “donates” his salary.  The govt still pays him.

These folks are dumb on purpose!

 
funhusker said:
I talked to a guy yesterday that honestly thought Trump paid for all the golf he does.   Somehow the topic came up about the 10s of millions of dollars that his golf has cost.  He refused to believe that the govt pays for his travel, security, etc because “Trump pays his own salary”.  He was also pissed when I tried to explain that at best, Trump “donates” his salary.  The govt still pays him.

These folks are dumb on purpose!
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I can just picture trump at the counter in the clubhouse...paying for his round and finding out that he got paired up with a random twosome.  

 
Archy1221 said:
I’m sorry what.  Informing you that the US bottomed out less than all of our peers in part because our society opened up sooner than our peers is somehow blaming people?   Blaming them for what and who are you referring to that hates America.  
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You seem to ignore the multitude of reasons the U.S. succeeded -- or "bottomed out less" in your strange parlance -- not to mention the fact that our peers ran the gamut of pandemic responses, including opening up at the same time or sooner. And your strawmen are the people -- presumably libtards -- who wanted America to stay shut down. No doubt they were an overly-paranoid segment of the population, but a small one that was clearly over-ruled by everyone from the Biden administration to state and local libs like Gavin Newsom, with a couple blips when infections and death rates shot back up. 

"Shut down" is a bit of an exaggeration, as the U.S. never came remotely close to the measures of some of the Asian countries -- which actually had modern pandemic experience. In a previous era we would also celebrate America's rapid pursuit of an effective vaccine.

In an earlier post you warned me that I wouldn't like "the real reason" why America came out of the pandemic better than our peers. Your "opening earlier" isn't the real reason at all and comes with no compelling evidence. 

The bottom line, one that both Democrats and Republicans could have taken pride in, is that the American economy emerged from the pandemic stronger than other countries because the American economy is just that much stronger and has been for decades. Neither the Trump nor Biden administration screwed that up in their terms. What's most remarkable is how Donald Trump has destroyed all that hard work and good will in a two month flurry of ego and ineptitude. 

 
Trump “won” his golf tournament again. How many “championships” has he won since becoming president? Working hard for the American people!

 
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