Economy

Archy1221 said:
No I won’t waste my time watching Rachel Maddow..  shoot me another source on the subject and I’ll Check it out.  
 

This would be akin to asking someone to watch a Sean Hannity clip as if it would be factually correct journalism and the Left be like, cool I believe it. 
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Here’s a synopsis of the advent of Trump’s tariffs plans. This can all be independently verified without you having to suffer through Rachel explaining, with the usual snark, virtually the same things.

Peter Navarro is the economist that Trump puts his faith in. In his first campaign he didn’t have an economic advisor so he asked Jared Kushner to find him one. Apparently the guidance was to find somebody that shared Trump’s “China bad” outlook. Kushner went to look up books on Amazon and one title stuck out, “Death by China” authored by Peter Navarro. In that book Navarro numerous times cites the economic expert Ron Vara for his views on tariffs, trade deficits and China. Problem is, there was no such Ron Vara expert. That is simply an anagram of the name Navarro. So the guy Trump trusts to advise him on these tariffs is just some guy that claimed his backup expert was himself. I mean you can’t make this s#!t up. And people actually think Trump is some economics guru receiving great advise from the brightest minds when in reality it’s just some guy that lies about his sources and who is shunned by actual economists. Here’s a chunk from wiki.

Navarro is a professor emeritus of economics and public policy at the Paul Merage School of Business of the University of California, Irvine. Navarro ran unsuccessfully for office in San Diego, California, five times. In January 2017, he joined the first Trump administration as an advisor on trade. As a senior administration official, Navarro encouraged President Trump to implement protectionist trade policies. He was a key official behind the China–United States trade war and advocating for hardline policies towards China; he was sanctioned by China after leaving office. During his final year in the Trump administration, Navarro was involved in the administration's COVID-19 response. He was also named the national Defense Production Actpolicy coordinator in 2020. Early on, he issued private warnings within the administration about the threat posed by the virus, but downplayed the risks in public. He publicly clashed with Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, as Navarro advocated hydroxychloroquine as a treatment of COVID-19 and condemned various public health measures that aimed to stop the spread of the virus.

Navarro sought to overturn the 2020 presidential election and advanced conspiracy theories of election fraud and in February 2022 was subpoenaed twice by Congress. Navarro refused to comply and was referred to the Justice Department. In 2022, a grand jury indicted him on two counts of contempt of Congress. In 2023, Navarro was convicted on both counts, and in 2024, he was sentenced to four months in jail, becoming the first former White House official imprisoned on a contempt-of-Congressconviction. In January 2025, he was appointed as the senior counselor for trade and manufacturing for President Trump in his second term. In his second term, Navarro became a key official behind Trump's imposition of tariffs on Canada, China and Mexico as well as the "reciprocal tariff" policyannounced in April.

Navarro's views on trade are significantly outside the mainstream of economic thought, and are widely considered fringeby other economists.[a] A strong proponent of reducing U.S. trade deficits, Navarro is well known for his hardline views on China, describing the country as an existential threat to the United States. 
 

Here’s the link.

https://en.m.wikipedia.org/wiki/Peter_Navarro

Really it would have been easier to just watch Maddow for 5 minutes but I get it. I don’t really like listening to her either.

So back to my question. Do you still feel comfortable thinking Trump may actually know what he’s doing and time will tell if his tariff plans will work out? The whole basis for his tariffs, reciprocal tariffs and trade deficits and all of it is rooted in the advice he receives from Navarro.

 
knapplc said:
Yep. All those gains today started ebbing away when the administration said it was serious about the 104% tariff on China. 
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One million percent tariffs

 
Archy1221 said:
No I won’t waste my time watching Rachel Maddow..  shoot me another source on the subject and I’ll Check it out.  
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Hope you'll accept Peter Navarro himself as a source. He admitted the hoax when he first got outted back in 2019 calling it an "inside joke" that wasn't very funny. Even Fox and the New York Post are turning on Navarro. You can add it to the long list of decisions being made based on totally fictional information. 

https://www.esquire.com/news-politics/politics/a64411833/maddow-origins-trump-international-tariff-idea/

https://www.marketwatch.com/story/peter-navarro-is-the-architect-of-trumps-tariff-policy-elon-musk-calls-him-a-moron-e8bd0085

https://www.nytimes.com/2019/10/16/us/politics/peter-navarro-ron-vara.html

https://www.npr.org/2019/10/18/771396016/white-house-adviser-peter-navarro-calls-fictional-alter-ego-an-inside-joke

https://nypost.com/2025/04/08/us-news/elon-musk-rips-moron-trump-trade-adviser-peter-navarro/

https://www.cnn.com/2019/10/16/politics/peter-navarro-ron-vara-trump-china-intl-hnk/index.html

Best case scenario is Trump reads the room of incredibly angry wealthy Republicans, pulls back on tariffs and throws the already disgraced Navarro under the bus. 

 
If Trump backs off now without inflicting any more damage, the stock market could rebound to where it was a couple weeks ago and Trump could crow that he oversaw one of the great all-time increases in stock market history. 

 
knapplc said:
As @BigRedMax alerted me to earlier, there's a coding issue with Invision Board. To turn adds off completely, you'd have to embed code into every page, which no one has figured out how to do yet.

It's possible with other board software, but we'd be starting over from zero, like new members, lost rep, etc. Which may be beneficial in its own right.

I just don't like the look of the other option.
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Not true. If we do migrate to Xenforo all post counts and profiles will be transferred over. 

 
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