Joe Ferguson forever Posted April 6 Posted April 6 49 minutes ago, Doc Brown said: I didn't mean to minimize ardent Trump supporters with that graphic because I think most are good people who feel there's no alternative to not support everything he does 100%. I just think Trump is a great salesman and artificial trade agreements with other countries is his end game. He doesn't want to go down as a president that sparked a deep recession. There was a reason they waited until after 4:00 on Wednesday for him to announce those tariffs. They didn't want to spook the market too much. It didn't work. We’ll see. All of his spokesmen today said the tariffs are permanent or at least wouldn’t say they were not permanent. They need to be honest with the American people and our allies. This is the kind of bad faith business that reaped him multiple bankruptcies. I hope he does walk it back and everything works out fine. But I don’t think he smart enough to pull it off. 2
Doc Brown Posted April 6 Posted April 6 3 minutes ago, Joe Ferguson forever said: We’ll see. All of his spokesmen today said the tariffs are permanent or at least wouldn’t say they were not permanent. They need to be honest with the American people and our allies. This is the kind of bad faith business that reaped him multiple bankruptcies. I hope he does walk it back and everything works out fine. But I don’t think he smart enough to pull it off. There's some genuinely smart economic minds on the right that are twisting themselves into pretzels to defend something they know is idiotic simply because their team is behind the idea. I'm sure they can sell to the public that Trump's tariffs were beyond successful and exceeded even their own wildest expectations. 1
Joe Ferguson forever Posted April 6 Posted April 6 3 minutes ago, Doc Brown said: There's some genuinely smart economic minds on the right that are twisting themselves into pretzels to defend something they know is idiotic simply because their team is behind the idea. I'm sure they can sell to the public that Trump's tariffs were beyond successful and exceeded even their own wildest expectations. Firstly, that’s blatantly unpatriotic of them. Secondly, they can sell to MAGA s for now. Those millions of protesters yesterday represent 50 times more like minded Americans.
aristocrat Posted April 6 Posted April 6 8 minutes ago, Joe Ferguson forever said: Firstly, that’s blatantly unpatriotic of them. Secondly, they can sell to MAGA s for now. Those millions of protesters yesterday represent 50 times more like minded Americans. The paid protestors lol. Soros got out the checkbook again
The Frankish Reich Posted April 6 Author Posted April 6 15 minutes ago, Doc Brown said: There's some genuinely smart economic minds on the right that are twisting themselves into pretzels to defend something they know is idiotic simply because their team is behind the idea. I'm sure they can sell to the public that Trump's tariffs were beyond successful and exceeded even their own wildest expectations. Right. https://paulkrugman.substack.com/p/stop-looking-for-methods-in-the-madness
Mikie2times Posted April 6 Posted April 6 (edited) 1 hour ago, Doc Brown said: I didn't mean to minimize ardent Trump supporters with that graphic because I think most are good people who feel there's no alternative to not support everything he does 100%. I just think Trump is a great salesman and artificial trade agreements with other countries is his end game. He doesn't want to go down as a president that sparked a deep recession. There was a reason they waited until after 4:00 on Wednesday for him to announce those tariffs. They didn't want to spook the market too much. It didn't work. A lot of the Trump voters that actually sealed the deal aren’t even MAGA. They have bulky 401k’s. They were ostracized by the Democrats in the election process (as was I). They took a lesser of two evils approach on the vote. But no where did they expect what has been happening to the level that it has and they certainly won’t put up with. Trump can’t hold the support of the US with his MAGA core. He needs to the moderates and swing voters and he’s losing them in mass with these policies. It will be a democratic route next cycle. Edited April 6 by Mikie2times 1
The Frankish Reich Posted April 6 Author Posted April 6 (edited) 14 minutes ago, Mikie2times said: A lot of the Trump voters that actually sealed the deal aren’t even MAGA. They have bulky 401k’s. True. Trump wouldn't have won with only true MAGAs. He needed to pull in a sizable number of prior Biden/Obama voters. I'm enjoying the "Rich Guy Slips Up and Tells Us What He Really Thinks" moments. First, Commerce Secretary Lutnick: if you complain about a missed social security check, you're probably a fraudster. Anyone else can just wait. Now, Treasury Sec Bessent says people approaching retirement don't really care about or watch the markets https://www.nbcnews.com/politics/trump-administration/bessent-americans-retire-arent-worried-stock-market-recession-rcna199892 Yeah, right. Let's say you've been successful and financially prudent. You have a 401k worth a million bucks. Or it was worth a million buck a week ago. Now it's worth less than $900,000. Remember, you're a conservative investor. You're a 60 year old male. You had planned to buy a life annuity to eliminate risk of loss. Last week that annuity would've paid you about $5700 a month. Add social security and any other pension and you're sitting pretty. Now that annuity would pay only about $5100 a month. Big deal, says Bessent. That's only $600 a month. Only $7200 a year. Who cares? Chump change. Hell, hubby John and I paid the surrogate 5X more than that. That's our oligarchy. Government by the billionaire class. Miss a check, be late on rent? So what. Work another two year to replenish that 401k? No biggie. Edited April 6 by The Frankish Reich 1 1
Andy1 Posted April 6 Posted April 6 The entire way Trump has implemented these tariffs will cause extreme financial stress for businesses. The concern I have heard from business owners is if the tariffs are here for months, it will force smaller businesses to close, other successful businesses will be forced to sell out to the big boy billionaires in their respective markets, resulting in the big fish getting bigger and ultimately less choice for consumers. Once prices go up, they probably won’t come down. This is winning for Trump and his billionaire buddies.
The Frankish Reich Posted April 6 Author Posted April 6 1 minute ago, Andy1 said: The entire way Trump has implemented these tariffs will cause extreme financial stress for businesses. The concern I have heard from business owners is if the tariffs are here for months, it will force smaller businesses to close, other successful businesses will be forced to sell out to the big boy billionaires in their respective markets, resulting in the big fish getting bigger and ultimately less choice for consumers. Once prices go up, they probably won’t come down. This is winning for Trump and his billionaire buddies. If those small businesses believed that the "reciprocal tariffs" are here to stay, they'd really have no choice but to go out of business right now. The imported wine shop is well and truly effed. There's no way they can survive with 20% tariffs on every case they buy. But almost nobody believes Trump is that crazy, that power mad. Or that the Congress is that subservient. So they will try to stay in business, eating much of the cost of the tariffs, maybe laying off some staff, until sanity returns. They'll dip into their own savings to keep the business afloat. They are totally at the mercy of one guy: Donald J. Trump. And boy does he love that feeling. 1
Mikie2times Posted April 6 Posted April 6 (edited) 10 minutes ago, Andy1 said: The entire way Trump has implemented these tariffs will cause extreme financial stress for businesses. The concern I have heard from business owners is if the tariffs are here for months, it will force smaller businesses to close, other successful businesses will be forced to sell out to the big boy billionaires in their respective markets, resulting in the big fish getting bigger and ultimately less choice for consumers. Once prices go up, they probably won’t come down. This is winning for Trump and his billionaire buddies. And why would any prudent business owner take the steps to help accommodate a more long term outlook on these policies? One that Trump sort of needs to even check the box of returning jobs? No trust. How can you reroute your supply chains in a permanent way, build more in the US, when the reality is this could very well be an ill conceived negotiation ploy. At some point business and foreign countries have to trust our government will keep the rules the same for more than five seconds to have any material impact, good or bad. Edited April 6 by Mikie2times 1
The Frankish Reich Posted April 6 Author Posted April 6 5 minutes ago, Mikie2times said: At some point business and foreign countries have to trust our government will keep the rules the same for more than five seconds to have any material impact, Unstable idiot. 1
Joe Ferguson forever Posted April 6 Posted April 6 1 hour ago, aristocrat said: The paid protestors lol. Soros got out the checkbook again Hmmm, nobody paid me or anyone I knew there. Keep telling yourself that if it makes you feel better 1
aristocrat Posted April 6 Posted April 6 8 minutes ago, Joe Ferguson forever said: Hmmm, nobody paid me or anyone I knew there. Keep telling yourself that if it makes you feel better That makes you dumb for not taking his money lol
Roundybout Posted April 6 Posted April 6 1 hour ago, aristocrat said: The paid protestors lol. Soros got out the checkbook again Why is it so difficult for you to accept people on the left protest too? 1
aristocrat Posted April 6 Posted April 6 15 minutes ago, Roundybout said: Why is it so difficult for you to accept people on the left protest too? Why is hard to accept you have paid protestors?
Roundybout Posted April 6 Posted April 6 3 minutes ago, aristocrat said: Why is hard to accept you have paid protestors? Cope from a sad, sad man. People hate you and your ideology. It’s really not hard. 1
aristocrat Posted April 6 Posted April 6 8 minutes ago, Roundybout said: Cope from a sad, sad man. People hate you and your ideology. It’s really not hard. What ideology is that?
4th&long Posted April 6 Posted April 6 14 minutes ago, aristocrat said: Why is hard to accept you have paid protestors? Lol. What a redneck. So stupid not even worth arguing with.
Andy1 Posted April 6 Posted April 6 For those interested in the math behind the Trump tax, they didn’t even do the math right. I guess that par for the course with this clown show. https://www.axios.com/2025/04/06/trump-tariffs-error-aei The formula used by the Trump administration to levy reciprocal tariffs contains a serious math error that over-inflates the impact by about a factor of four, economists at the American Enterprise Institute said. Why it matters: The conservative think tank says the error led to tariff rates massively higher than they should have been to achieve the goals the administration sought. 3
The Frankish Reich Posted April 6 Author Posted April 6 12 minutes ago, Andy1 said: For those interested in the math behind the Trump tax, they didn’t even do the math right. I guess that par for the course with this clown show. https://www.axios.com/2025/04/06/trump-tariffs-error-aei The formula used by the Trump administration to levy reciprocal tariffs contains a serious math error that over-inflates the impact by about a factor of four, economists at the American Enterprise Institute said. Why it matters: The conservative think tank says the error led to tariff rates massively higher than they should have been to achieve the goals the administration sought. Clearly true. They used retail instead of wholesale.
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