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Trump’s economy


Derka

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8 minutes ago, hobbes2702 said:

I do love this as y’all do the “don’t call us fascists game”. Johnny you certainly do always find a way to make the night entertaining. Maybe there’s some rats I can watch fuck around here.

Good charitable Christians want people imprisoned because they made their daddy mad

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1 minute ago, Frank Drebin said:

No one is above the law.  If they did nothing wrong and a crime can’t be found, they have nothing to fear.  

So you would be fine continuing the investigations into Trump's various adventures?

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7 minutes ago, TwiceHorn said:

Except the Hur investigation found no evidence of a crime

Wrong.

He found Biden was too enfeebled to bear a prosecution.  Which of course the left wing media lost their minds over and gaslighted for months about razor sharp Joe running laps around even the Gen Z interns.

Then of course he drooled all over himself in the debate and we were off and running towards Kamalot

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37 minutes ago, David Dennison said:

Joe Biden needs to send them everything he can before January 20.

Yep.  it will be an "official act", and he will be immune.  he needs to sign over the pink on a few Los Angeles subs, and a squadron or two of F16. 

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27 minutes ago, Macklemore said:

Trump won. Remember that. The worst people in your worldview are having the best time savoring the victory and laughing at you. Enjoy the next 4 years. I sure as hell will. This is a counter-revolution and there will be a reckoning.

My bank account is going to love it. And while the rest of you suckers suffer, well I think I’ll manage

 

image.gif.986eabcfcabfcf9961e38a5c45e35091.gif

 

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1 hour ago, Incredulity said:

Wrong.

He found Biden was too enfeebled to bear a prosecution.  Which of course the left wing media lost their minds over and gaslighted for months about razor sharp Joe running laps around even the Gen Z interns.

Then of course he drooled all over himself in the debate and we were off and running towards Kamalot

In either case, Trump's or Biden's, EVIDENCE of intent to remove and withhold documents is required to sustain a conviction and therefore to bring an indictment.

Because of Biden's state of mind, there was an absence of evidence of intent, he could credibly say "I didn't know and I don't remember." And there wasn't any other evidence, like dodging a subpoena, lying about whether you have them, and instructing lawyers to lie on your behalf.  Joe did none of that.

To wit:

In addition. Mr. Biden's memory was significantly limited, both during his recorded interviews with the ghostwriter in 2017, and in his interview with our office in 2023. And his cooperation with our investigation, including by reporting to the government that the Afghanistan documents were in his Delaware garage, will likely convince some jurors that he made an innocent mistake, rather than acting willfully-that is, with intent to break the law-as the statute requires.

Even dickwad Hur did not find him "too enfeebled to bear a prosecution."  Note the "In addition."  Biden's memory was not the sole evidentiary problem with bringing a case against him.  ETA:  Hur is nominally a Republican, that doesn't necessarily mean anything.  But he clearly took pains to denigrate Biden's mental capacity in his report, evincing his bias against him.  Yet, he recommended not prosecuting the crime because of evidentiary shortfalls.  That really means he couldn't find/prove a crime.

There is a shit ton of evidence of Trump's intent.  That case is a prosecutor's wet dream.

Attempting to equate the two is ludicrous.

Do executive officials commonly accidentally retain classified documents?  You bet your ass they do.  What Trump did was about as intentional as it could possibly be.

"Do I remember the Hur investigation."  You must not read many of my posts. I follow/followed all of this shit in more detail than anyone on the board.  Another ETA:  Smith did not charge Trump with any "selling" or "disclosing' the confidential information he kept.  I believe that's because he found no evidence of it and I believe he looked pretty hard.  So, those hysterical posters accusing him of "selling secrets to Russia" are being hysterical.

I don't know why he kept the documents.  I suspect he retained them just because he's an egomaniac dickhead that doesn't like being told what to do.  He also took legal advice from that Tom Fitton dickhead, who isn't a lawyer and runs Judicial Watch.  He may have sold secrets to Russia or whomever had the opportunity arisen, but it apparently did not. 

Edited by TwiceHorn
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22 minutes ago, Incredulity said:

You do remember the Hur investigation?

No but I expect several Hur-Dur investigations in the next 3 to 4 years 

 

37 minutes ago, 4th&Five said:

you are insane brad pitt GIF

There’s a non zero chance there are human body parts in his freezer 

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1 hour ago, ztejas said:

I like how y'all lose an election and then two days later you're immediately like "yeah these people are fucking stupid they don't know anything"

Maybe have some self-awareness. America doesn't believe in your bullshit. Because most of it is - in fact - bullshit. 

Come on, buddy.  If you don’t know the average American is stupid I have no idea what to tell you.  If anything, it just reinforces what those people on the left are saying.  

The R have never even shied away from that old cartoon where the rich guy points to the working class bloke and says ‘that guy stole your cookie’, referencing the immigrant/black guy sitting across from the working class good guy.  There’s a reason all the uber wealthy that vote for Trump don’t go around flaunting it - Elon is most definitely the exception. 

Now the people that run the R party?  You can say what you want, but the operatives are definitely NOT stupid.  They consistently get millions of people to vote against their own interests.  Which is great if you’re loaded and on that side.  

IMG_8237.webp

Edited by ChiTownDoc
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9 minutes ago, linux said:

Lol if you make good money you don't have a paystub, Things are only going to get worse.

How many times do I need to tell you linux you need LEGITIMATE INCOME with a w2 otherwise the feds will jam you up. 

 

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10 minutes ago, B00M said:

You mean stop giving money to 30+ US states, stimulating our industrial base and manufacturing capabilities producing brand new weapons and brand new vehicles so we can ship our expiring shit off to fulfill its destiny killing Russians that are invading Europe? But why? This is the return on investment our Cold War through GWOT spending was waiting for. We can blow this shit up in the desert or it can be used in the most just conflict the US has been involved in during our lifetimes. The fact that this is even a question for so many of us is an appalling indictment on the US’s recent conflicts and our media. 

Man this really gets right to the point.  If we don’t want to take this war on, just stop that entire industry and shut it the fuck down.  

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39 minutes ago, SeattleHorn said:

This is incredible. Let's do tariffs next. I'd love someone on Trump's side to break them down just like the Ukraine discussion. 

so yeah, if y'all could quit batting around the hellbound deacon, gay methhead, and drunk dummy...i actually have a real question pertinent to the thread...

i'm not an economist and i barely know shit about investments. i just earned the money, that's what i have 'a guy' for lol

so, when these tariffs are implemented...i know Betty Walmartshopper is gonna be fucked, but is that something that could likely have a negative impact on various investments? roths, mutual funds, etc...? like i'm wondering if we need to have a call with our guy and discuss options for worst-case type things. 

i mean we're currently in great shape and future looks good (moneywise anyway)...but can someone who isn't alarmist explain what are we actually looking at in terms of negative blowback from some of the shit that's about to happen?

i suspect we are in the bracket that's going to do pretty damn good...that literally doesn't make me feel any better about anything right now b/c i'm not a POS that is only out for me...but i'm working to get 'there' so i can fit into this new 'merica. 

but i'm also damn pessimistic right now, and we're good but we're not oligarch-level good...is anybody else meeting with their 'guy' in the coming weeks to move some shit around and hedge against calamity?  

 

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10 minutes ago, Macklemore said:

How many times do I need to tell you linux you need LEGITIMATE INCOME with a w2 otherwise the feds will jam you up. 

 

Well then they are jaming up an enormous percentage of the country because they getting 1099 and not W2

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5 minutes ago, mchookem said:

so yeah, if y'all could quit batting around the hellbound deacon, gay methhead, and drunk dummy...i actually have a real question pertinent to the thread...

i'm not an economist and i barely know shit about investments. i just earned the money, that's what i have 'a guy' for lol

so, when these tariffs are implemented...i know Betty Walmartshopper is gonna be fucked, but is that something that could likely have a negative impact on various investments? roths, mutual funds, etc...? like i'm wondering if we need to have a call with our guy and discuss options for worst-case type things. 

i mean we're currently in great shape and future looks good (moneywise anyway)...but can someone who isn't alarmist explain what are we actually looking at in terms of negative blowback from some of the shit that's about to happen?

i suspect we are in the bracket that's going to do pretty damn good...that literally doesn't make me feel any better about anything right now b/c i'm not a POS that is only out for me...but i'm working to get 'there' so i can fit into this new 'merica. 

but i'm also damn pessimistic right now, and we're good but we're not oligarch-level good...is anybody else meeting with their 'guy' in the coming weeks to move some shit around and hedge against calamity?  

 

Best I can do is 

image.jpeg.6755585e1790abbd60d14fba27617337.jpeg

 

or 

 

image.thumb.jpeg.9f3413fa8e337cee1a4cc86adb589062.jpeg

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14 minutes ago, mchookem said:

so, when these tariffs are implemented...i know Betty Walmartshopper is gonna be fucked, but is that something that could likely have a negative impact on various investments? roths, mutual funds, etc...? like i'm wondering if we need to have a call with our guy and discuss options for worst-case type things. 

There are already tariffs on a broad range of items that Trump implemented and Biden left on.

Quite simply things will cost more as more Tariffs are added.  Tariffs are paid by the purchaser.  It will get added to the cost and roll up to the retail price.

There is also the fact that purchasers of tariffed products will seek substitute products.  Essentially this is the theory that they can make domestic products more competitive.  

I’d take any doomcast or promise of nirvana with a huge grain of salt.  The devil will be in the details.

Edited by Incredulity
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6 minutes ago, Incredulity said:

There are already tariffs on a broad range of items that Trump implemented and Biden left on.

Quite simply things will cost more as more Tariffs are added.  Tariffs are paid by the purchaser.  It will get added to the cost and roll up to the retail price.

There is also the fact that purchasers of tariffed products will seek substitute products.  Essentially this is the theory that they can make domestic products more competitive.  

I’d take any doomcast or promise of nirvana with a huge grain of salt.  The devil will be in the details.

Well, targeted tariffs for goods like EVs that Chinese are producing at a loss, subsidized by the government, keeps those from being an attractive option.

If he implements tariffs on ALL goods from China, that's going to raise price on a lot of staple goods, like half of everything at Walmart or more.

If people are grousing about the price of eggs and gas, they ain't seen nothin yet.

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1 minute ago, mchookem said:

well yeah, i get that average retail shoppers are gonna get fucked...but will any of that impact trickle up to more macro-level money issues? 🤔

Imo only temporarily.  If you buy and hold stocks it will smooth itself out.  

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3 minutes ago, Incredulity said:

There are already tariffs on a broad range of items that Trump implemented and Biden left on.

Quite simply things will cost more as more Tariffs are added.  Tariffs are paid by the purchaser.  It will get added to the cost and roll up to the retail price.

There is also the fact that purchasers of tariffed products will seek substitute products.  Essentially this is the theory that they can make domestic products more competitive.  

I’d take any doomcast or promise of nirvana with a huge grain of salt.  The devil will be in the details.

Let me clue you in to a very long history studying import substitution, so many countries that tried it in LatAm failed spectacularly, China succeeded beyond all dreams, the kicker? the big difference? LatAm countries were run by idiots. Trump wanted to build a monitor factory, it flopped and failed as expected he even did the ceremonial dig, Biden wanted a multi billion dollar foundry, no doubt Trump will take credit when it opens soon.

At the end of the day Import substitution high tariff nations ran by idiots only ended up increasing import prices, that is it, cause they are led by morons. You people act as if Donald Trump has savant ideas, no he does not, populism is old as dirt and has been tried before and only really succeeded once in the 20th century and it was by China that did both, import substitution and mass mass export emphasis with a devalued Yuan. Even they are kinda failing with their lithography machine plants.

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If you were to tell me that Donny was practicing smart manufacturing, probably light highly prototype manufacturing it could work but that is very small scale not enough to employ 80 million people, the big mass manufacturing stuff is never coming back, all you will get are higher prices, because once again Donny is an idiot.

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15 minutes ago, Incredulity said:

There are already tariffs on a broad range of items that Trump implemented and Biden left on.

Quite simply things will cost more as more Tariffs are added.  Tariffs are paid by the purchaser.  It will get added to the cost and roll up to the retail price.

There is also the fact that purchasers of tariffed products will seek substitute products.  Essentially this is the theory that they can make domestic products more competitive.  

I’d take any doomcast or promise of nirvana with a huge grain of salt.  The devil will be in the details.

Translation: it's not going to be what Trump promised MAGA on the campaign trail.

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Just now, David Dennison said:

Translation: it's not going to be what Trump promised MAGA on the campaign trail.

Exactly MAGA promised 100% accross the board, that is gigantic will Trump carry through? we will see.

Plus we have not even talked about retaliatory tariffs, Farmers are about to get fucked as well, and I will not shed a single tear.

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5 minutes ago, mchookem said:

well yeah, i get that average retail shoppers are gonna get fucked...but will any of that impact trickle up to more macro-level money issues? 🤔

Macro as in broad economic issues.  Anything is possible(global financial crisis) but I doubt there will be a tariff goes on economic lights go out situation. As previously stated there are already a bunch of tariffs in place.

Certain companies(stocks) or sectors(funds) can absolutely get crushed much more quickly. Hence the devil in the details 

 

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3 minutes ago, TwiceHorn said:

Well, targeted tariffs for goods like EVs that Chinese are producing at a loss, subsidized by the government, keeps those from being an attractive option.

If he implements tariffs on ALL goods from China, that's going to raise price on a lot of staple goods, like half of everything at Walmart or more.

If people are grousing about the price of eggs and gas, they ain't seen nothin yet.

He’ll raise tariffs on something that’s from china but has no real impact.

Declare victory.

Inflation will continue to lower and smart monetary policy by the fed will continue.

the masses will celebrate his genius.

History books will be written about his savvy monetary policy.

We will be treated as the old guard that resisted the realignment / change in direction of the American experiment.

Statues will be build of him.

Airports and roads will bear his name.

Our children and grandkids will think we’re backwards and living in some sort of alternate reality to the truth.

Our vision will be laughed at and thought of as antiquated for the perils and problems of the time. 

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The difference between tariffs on commodities vs manufacturing is also stark, China can buy grains from Brazil and they can quadruple production in a short time frame, Chinese manufacturing can't be sourced anywhere else, people will pay double current prices for a very long time.

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9 minutes ago, linux said:

Let me clue you in to a very long history studying import substitution, so many countries that tried it in LatAm failed spectacularly, China succeeded beyond all dreams, the kicker? the big difference? LatAm countries were run by idiots. Trump wanted to build a monitor factory, it flopped and failed as expected he even did the ceremonial dig, Biden wanted a multi billion dollar foundry, no doubt Trump will take credit when it opens soon.

At the end of the day Import substitution high tariff nations ran by idiots only ended up increasing import prices, that is it, cause they are led by morons. You people act as if Donald Trump has savant ideas, no he does not, populism is old as dirt and has been tried before and only really succeeded once in the 20th century and it was by China that did both, import substitution and mass mass export emphasis with a devalued Yuan. Even they are kinda failing with their lithography machine plants.

I’m pretty well versed on the failures of tariffs in modern history.  I’m answering her question not advocating.

Re: DD post regarding its not going to be what Trump said on campaign.  Of course it isn’t.

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1 hour ago, Frank Drebin said:

You should post your paystub.  

I only take as much w2 income as I have to. 
 

csb my first “real” job was landscaping for 3.25 an hour summer after my sophomore year in hs. I always cashed my check on Fridays at the liquor store down the road from the shop. 
 

Started my first post fellowship job at a practice back in my hometown, and just for grins took my first paycheck to the same liquor store to cash. They refused to cash it because it would have come close to busting them through the weekend 

 

It’s not grocery store money, but I felt pretty good

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15 minutes ago, StassneyHorn said:

I definitely wrote the outline to my Politics of Mexico class about ISI policies and the PRI in two different blue books before a professor would come by and rip whatever page out before the final started.

Brown?

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Why is the 50s and 60s era manufactutiring never coming back? most ironically automation and AI, the money is getting rid of workers not giving 80 million people jobs. That said there were margins to explore, and double up on the service economy as well, handouts for people in poverty and not making ends meet, I think that would be a smart Bernie led policy assuming free and fair elections.

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