Market Performance - Orange Menace vs Brandonomics

[nedboy7]

I heard Trump is about to change his mind on the 250% tarrifs he decided on 3 hours ago.  Imagine this board if Biden did such absurd *****.  Oh yeah right. Transgender Honduran fentanyl smugglers. 

[nedboy7]

Some House Republicans have cheered tariffs as a way to help pay for extending Mr. Trump’s 2017 tax cuts, which are expected to cost $4 trillion over a decade. One of the president’s first executive orders called for the creation of an External Revenue Service to take in money from tariffs, an agency that his commerce secretary has said should replace the Internal Revenue Service.

The I.R.S. collected $5.1 trillion in taxes last fiscal year, and both liberal and conservative economists have said replacing that amount with tariffs is mathematically impossible. The United States imported roughly $3.3 trillion worth of goods last year, so the average tariff on all U.S. imports would need to exceed 150 percent to cover the hole. 

Such high duties would drastically raise prices for imports, likely prompting Americans to buy far fewer of them — reducing the revenue from the tariffs.

Mr. Bessent acknowledged this dynamic this month in an interview with Larry Kudlow on Fox Business, implying that tariffs would not be a reliable revenue source.

[Joe Ferguson forever]

19 minutes ago, nedboy7 said:

Some House Republicans have cheered tariffs as a way to help pay for extending Mr. Trump’s 2017 tax cuts, which are expected to cost $4 trillion over a decade. One of the president’s first executive orders called for the creation of an External Revenue Service to take in money from tariffs, an agency that his commerce secretary has said should replace the Internal Revenue Service.

The I.R.S. collected $5.1 trillion in taxes last fiscal year, and both liberal and conservative economists have said replacing that amount with tariffs is mathematically impossible. The United States imported roughly $3.3 trillion worth of goods last year, so the average tariff on all U.S. imports would need to exceed 150 percent to cover the hole. 

Such high duties would drastically raise prices for imports, likely prompting Americans to buy far fewer of them — reducing the revenue from the tariffs.

Mr. Bessent acknowledged this dynamic this month in an interview with Larry Kudlow on Fox Business, implying that tariffs would not be a reliable revenue source.

This!  Trump and his treasury secretary are selling the rubes a load of shyte.  the math doesn't  work.  sadly, it won't end well for anyone unless he pulls out prematurely.  doubt he's ever done that.  musk certainly hasn't.

[Joe Ferguson forever]

Meanwhile, the russian are walking in high cotton

https://www.express.co.uk/news/world/2024123/russian-rouble-soars-donald-trump-vladimir-putin-ukraine

[Big Blitz]

Another great day for the market!

 

Woooo hooooooo!!!

 

 

He did it!  Saved the economy!

 

 

—-Low info lib logic. 
 

 

 

 

 

 

The real recovery is coming.  Action is being taken to address the underlying fundamental problems your cowardly politicians from another era refused to tackle.   
 

And you’ll be sad.   

[Joe Ferguson forever]

24 minutes ago, Big Blitz said:

Another great day for the market!

 

Woooo hooooooo!!!

 

 

He did it!  Saved the economy!

 

 

—-Low info lib logic. 
 

 

 

 

 

 

The real recovery is coming.  Action is being taken to address the underlying fundamental problems your cowardly politicians from another era refused to tackle.   
 

And you’ll be sad.   

So dude, are you putting or shoving?

[nedboy7]

A hilarious take on Warren buffets comments on tariffs by Fox News.  Warren Buffet likes higher prices!  Why not make a real argument as to why tariffs would work. No wonder the maga brain is jumbled. The ***** they watch is amazing. It’s like the idiots on here who mock anything they don’t agree with. “meltdown bro”. “Transgenders”. “Fentanyl”. 

 

 

[nedboy7]

[Joe Ferguson forever]

Exemplary, donald

https://thehill.com/business/5183167-fox-business-host-on-shocking-decline-in-consumer-spending-the-boom-times-are-over/

15 minutes ago, nedboy7 said:

A hilarious take on Warren buffets comments on tariffs by Fox News.  Warren Buffet likes higher prices!  Why not make a real argument as to why tariffs would work. No wonder the maga brain is jumbled. The ***** they watch is amazing. It’s like the idiots on here who mock anything they don’t agree with. “meltdown bro”. “Transgenders”. “Fentanyl”. 

 

 

Jimmy, I mean Warren, Rock on.  Always good advice.  The other fool is a tool.

[nedboy7]

5 minutes ago, Joe Ferguson forever said:

Exemplary, donald

https://thehill.com/business/5183167-fox-business-host-on-shocking-decline-in-consumer-spending-the-boom-times-are-over/

Jimmy, I mean Warren, Rock on.  Always good advice.  The other fool is a tool.

all the free money has been spent!  😝

[nedboy7]

59 minutes ago, Big Blitz said:

Another great day for the market!

 

Woooo hooooooo!!!

 

 

He did it!  Saved the economy!

 

 

—-Low info lib logic. 
 

 

 

 

 

 

The real recovery is coming.  Action is being taken to address the underlying fundamental problems your cowardly politicians from another era refused to tackle.   
 

And you’ll be sad.   

I guess most investors don’t understand the economy or finance as well as you. 
 

https://fortune.com/2025/03/07/markets-worst-week-this-year-uncertainty-trump-tariffs-jobs-doge-cuts-investors/

[Big Blitz]

16 minutes ago, Joe Ferguson forever said:

Exemplary, donald

https://thehill.com/business/5183167-fox-business-host-on-shocking-decline-in-consumer-spending-the-boom-times-are-over/

Jimmy, I mean Warren, Rock on.  Always good advice.  The other fool is a tool.

 

What was Biden’s plan for inflation and the debt?

 

Did it work?   

22 minutes ago, nedboy7 said:

 

Where is Biden’s name?

 

I guess Democrats are going to finally go with “yea, Biden wasn’t POTUS.”

[nedboy7]

7 minutes ago, Big Blitz said:

 

What was Biden’s plan for inflation and the debt?

 

Did it work?   

 

Where is Biden’s name?

 

I guess Democrats are going to finally go with “yea, Biden wasn’t POTUS.”

Find me the posts where I said Biden was an economic genius. You argue like a transgender fentanyl smuggler from Canada. 

[Joe Ferguson forever]

4 minutes ago, Big Blitz said:

 

What was Biden’s plan for inflation and the debt?

 

Did it work?   

 

Where is Biden’s name?

 

I guess Democrats are going to finally go with “yea, Biden wasn’t POTUS.”

I'm lost.  trilions were spent on saving the country from an impending economic collapse during Covid during both the trump and Biden admins..  Maybe that had something to do with it?

[Big Blitz]

2 minutes ago, Joe Ferguson forever said:

I'm lost.  trilions were spent on saving the country from an impending economic collapse during Covid during both the trump and Biden admins..  Maybe that had something to do with it?

 

Oh?  
 

 

Thank you.   You’re exactly right.  
 

10 years.  
 

And Democrats should never ever be trusted to have power ever again.  
 

This iteration of the Democrat party is essentially finished.  

Edited yesterday at 02:12 AM by Big Blitz

[Joe Ferguson forever]

1 minute ago, Big Blitz said:

 

Oh?  
 

 

Thank you.   You’re exactly right.  
 

10 years.  
 

And Democrats should never ever be trusted to have power ever again.  
 

This iteration of the Democrat party is essentially finished.  

nah, America will soon tire of fascists who can't deliver.

[Big Blitz]

4 minutes ago, Joe Ferguson forever said:

nah, America will soon tire of fascists who can't deliver.

 

Correct.  They lost in 2024.  

[Joe Ferguson forever]

5 minutes ago, Big Blitz said:

 

Correct.  They lost in 2024.  

That's great.  the fascsim of DEI and gay marriage?  Women's equal rights?  Reproductive freedom.? Concern for the environment   Emphasis on education (otherwise known as "smartness")?  Respect for science and academic accomplishment?  yep, full totalitarian doctrine...

Edited yesterday at 02:24 AM by Joe Ferguson forever

[nedboy7]

15 minutes ago, Joe Ferguson forever said:

nah, America will soon tire of fascists who can't deliver.

He can’t actually answer any questions.  
 

 

Social Security Administration (SSA) acting Commissioner Lee Dudek on Friday reversed the agency’s decision to change how newborns in Maine receive their Social Security cards, apologizing for “an undue burden” on people in the state.

“In retrospect, I realize that ending these contracts created an undue burden on the people of Maine, which was not the intent,” he said in a statement.
 

in retrospect?  How many days was that?  This was a way for Trump to punish Maine. What a president.  At least he isn’t fascist. 

Edited yesterday at 02:29 AM by nedboy7

[nedboy7]

36 minutes ago, Big Blitz said:

 

What was Biden’s plan for inflation and the debt?

 

Did it work?   

 

Where is Biden’s name?

 

I guess Democrats are going to finally go with “yea, Biden wasn’t POTUS.”

here you go…