JFKjr Posted 14 hours ago Posted 14 hours ago You can't micromanage what Trump is actually going for, which is a true financial reset. You can keep trying though. 1
Big Turk Posted 14 hours ago Posted 14 hours ago 7 minutes ago, Doc Brown said: Economy was doing pretty good because of the TCJA and him slashing unnecessary regulations during his first term. Would've been better without his tariffs obviously. Covid was a force majeur event that tanked the global economy so it's unfair to blame him for that. I also didn't kill Biden because inflation was also global but he didn't exactly help the situation here. The Fed created a soft landing that almost nobody thought possible when it first started, and the US in general capped inflation far lower and got things under control quicker than the majority of other countries. We were one of very few countries that capped inflation at under 10%
TH3 Posted 14 hours ago Posted 14 hours ago 29 minutes ago, Doc Brown said: You're right. Actual tariff legislation would have to pass at the congressional level (Trump's eo's won't suffice) for the majority of CEO's to conclude it would be cheaper to build manufacturing plants and hire workers here. The problem is it takes three plus years for that type of investment to pay off and it would mean a lot of short term economic pain for the American citizen. You actually thing the dollar is being "intentionally devalued"? 😀 Nobody is bringing mass manufacturing jobs back here...maybe some specific sectors...The entire concept of what dt is not feasible....It's just how much pain he will inflict before his term is over...
Doc Brown Posted 13 hours ago Posted 13 hours ago Just now, TH3 said: You actually thing the dollar is being "intentionally devalued"? 😀 Nobody is bringing mass manufacturing jobs back here...maybe some specific sectors...The entire concept of what dt is not feasible....It's just how much pain he will inflict before his term is over... Not intentionally but it would have to if we're going to see this wonderfully thought out tariff plan that will reset the US's role in the global economy. A lot of sarcasm in that statement btw . 11 minutes ago, Big Turk said: The Fed created a soft landing that almost nobody thought possible when it first started, and the US in general capped inflation far lower and got things under control quicker than the majority of other countries. We were one of very few countries that capped inflation at under 10% Please tell me how the 2021 American Rescue Act didn't lead to more inflation. 2
Big Turk Posted 13 hours ago Posted 13 hours ago (edited) 5 minutes ago, Doc Brown said: Not intentionally but it would have to if we're going to see this wonderfully thought out tariff plan that will reset the US's role in the global economy. A lot of sarcasm in that statement btw . Please tell me how the 2021 American Rescue Act didn't lead to more inflation. Please tell me how flooding the economy with money via interest free loans to businesses and multiple stimulus checks to US citizens didn't do the same thing under Trump? Edited 13 hours ago by Big Turk
Roundybout Posted 13 hours ago Posted 13 hours ago 26 minutes ago, JFKjr said: You can't micromanage what Trump is actually going for, which is a true financial reset. You can keep trying though. I don’t want a financial reset, especially when there’s no tangible goal in mind 1
Doc Brown Posted 12 hours ago Posted 12 hours ago 1 hour ago, Big Turk said: Please tell me how flooding the economy with money via interest free loans to businesses and multiple stimulus checks to US citizens didn't do the same thing under Trump? It didn’t. 1
SectionC3 Posted 12 hours ago Posted 12 hours ago 33 minutes ago, Doc Brown said: It didn’t. Give me a break. They’re birds of the same feather. Both actions contributed to inflation. Pent up demand low supply and free money yields inflation.
TH3 Posted 11 hours ago Posted 11 hours ago (edited) 2 hours ago, Doc Brown said: Not intentionally but it would have to if we're going to see this wonderfully thought out tariff plan that will reset the US's role in the global economy. A lot of sarcasm in that statement btw . Please tell me how the 2021 American Rescue Act didn't lead to more inflation. I am sure JB spending contributed to inflation ….but the alternative was the post 2010 austerity budgets the gop negotiated with BO that pushed any recovery out…. dt2 is a complete economic disaster in only 90 days….if he boots Powell Dow will go to 25k …bond yields will go up …us debt service will go up and we stand to lose a decade repearing things….starting in 4 years Edited 11 hours ago by TH3
T master Posted 11 hours ago Posted 11 hours ago 17 hours ago, Doc Brown said: What's he have to say about Canada? I really don't know, but the guy doesn't pull any punches about anything and doesn't play especially where there is money to be made, I'm sure if you asked him he would for sure tell you in no uncertain terms exactly how he feels about it .
Doc Brown Posted 9 hours ago Posted 9 hours ago 1 hour ago, SectionC3 said: Give me a break. They’re birds of the same feather. Both actions contributed to inflation. Pent up demand low supply and free money yields inflation. They did but when you shut the economy down there really isn't an alternative to what the CARES act tried to accomplish. It was a bipartisan bill too. Something similar to the American Rescue Act would've also been pushed by Trump to be fair if he was reelected and the Republicans would sell their souls again to pass it. However, Biden was in office it was a party line vote. It was just too bloated to think it wouldn't have significant inflationary effects. 40 minutes ago, T master said: I really don't know, but the guy doesn't pull any punches about anything and doesn't play especially where there is money to be made, I'm sure if you asked him he would for sure tell you in no uncertain terms exactly how he feels about it . He's always been pro NATO. 1
Albwan Posted 9 hours ago Posted 9 hours ago China Economy China vows retaliation against countries that follow U.S. calls to isolate Beijing https://www.cnbc.com/2025/04/21/china-to-retaliate-against-nations-that-work-with-us-to-isolate-beijing.html ...leftist jackasses on this site are giddy at the news 1
Doc Brown Posted 9 hours ago Posted 9 hours ago 3 hours ago, SectionC3 said: Give me a break. They’re birds of the same feather. Both actions contributed to inflation. Pent up demand low supply and free money yields inflation. I meant to say "it did" after re-reading your comment. Lol. 1 minute ago, Albwan said: China Economy China vows retaliation against countries that follow U.S. calls to isolate Beijing https://www.cnbc.com/2025/04/21/china-to-retaliate-against-nations-that-work-with-us-to-isolate-beijing.html ...leftist jackasses on this site are giddy at the news Those Canadians need to pay.
US Egg Posted 8 hours ago Posted 8 hours ago 1 hour ago, Albwan said: China Economy China vows retaliation against countries that follow U.S. calls to isolate Beijing So far China has nothing to worry about on the matter.
Roundybout Posted 7 hours ago Posted 7 hours ago Someone should tell those employees that they’re contributing to the great financial reset
daz28 Posted 6 hours ago Posted 6 hours ago (edited) 19 hours ago, Big Blitz said: Odd. Why are real wages down? Paycheck to paycheck? Hmmmmmmm…… President Auto-Pen did a bang up job Bernie While Bernie does have a penchant for only naming some billionaires on a partisan basis, and that he's a hypocrite himself, he's been pretty consistent on calling them the bad guys. On that he's right, and it's almost surreal to me, that people are backing a billionaire, through the government no less, to make things better for them. While the billionaires may have "earned" all the chips they took from the table, they unabashedly scooped them right up of that table, and put them to work bribing YOUR politicians to make sure that the tables would always be turned against people that had less power(money) than them. If anyone thinks the system isn't rigged at all, my hope is someday they become a billionaire themselves. They'd probably do the same things, and then learn from personal experience. Edited 6 hours ago by daz28
Big Blitz Posted 6 hours ago Posted 6 hours ago (edited) 42 minutes ago, Roundybout said: Someone should tell those employees that they’re contributing to the great financial reset 800 people across 3 states Sen Warner by a company that employees 20,000. How many Federal and State employees were added under Biden to boost our sagging employment numbers fake GDP? How can we fire those workers that do jobs AI could do at no cost to the tax payers? Get the financial house in order Senator. Cut taxes and deregulate. Edited 6 hours ago by Big Blitz
daz28 Posted 6 hours ago Posted 6 hours ago 18 minutes ago, Big Blitz said: How can we fire those workers that do jobs AI could do at no cost to the tax payers? Get the financial house in order Senator. Cut taxes and deregulate. What shall we do when AI fires the people in the private sector? You think that they're going to use those tax cuts to pay workers more? Nope, if they have an ounce of business sense, they are going to invest in AI and robotics to streamline a business. Are they going to reinvent toilet paper, is that the innovation it's going to spark? The massive wealth gap isn't going to allow for any more discretionary spending for consumers anyways, and people AND the government, in general, are in a debt spiral. What they're going to do is eat their own customers, until they have nothing left. Regulations? Sure, there's lots of bad/dumb ones, but the good ones are going to be tossed out with the bath water. Again, this needs to be done with a scalpel. I'm sure most were done with good intention, and that means revisit them, then possibly modify, not just trash them as a general bad idea. I'd love to hear the top 10 list of things that conservatives would like to "deregulate". I won't, because they don't know hardly any specific ones. It's almost like it's a concept of a concept to them. They were Democrat ideas, so they must be bad. Fox said so. Heck, they STILL don't even know the basics of the XL pipeline, that they'd have given their first 3 born male children to defend. 1
Joe Ferguson forever Posted 4 hours ago Posted 4 hours ago I'm hoping some maga here can tell me what is good about this https://www.investopedia.com/dow-jones-today-04212025-11718673
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