JFKjr Posted February 27 Posted February 27 30 minutes ago, Trump_is_Mentally_fit said: What a mess! Biden was such a better president https://www.cnbc.com/2025/02/27/january-pending-home-sales-lowest-level-on-record.html Pending sales dropped 4.6% from December to the lowest level since the National Association of Realtors began tracking this metric in 2001. Yeah, we know the Biden presidency ended kind of pathetically.
Trump_is_Mentally_fit Posted February 28 Posted February 28 13 hours ago, JFKjr said: Yeah, we know the Biden presidency ended kind of pathetically. Oh ya, that record low unemployment, falling inflation, just awful! I mean if you are a dunce, it is. And Happy Friday! 1
Tommy Callahan Posted Monday at 08:55 PM Posted Monday at 08:55 PM Dems want war, crime, economic peril 2
Pokebball Posted Monday at 08:58 PM Posted Monday at 08:58 PM Let's establish some expectations, shall we. The more DOGE cuts and the more wars end, the worse our GDP will look. We'll have more cash (less deficit/debt). But we'll be better off economically.
Roundybout Posted Monday at 08:58 PM Posted Monday at 08:58 PM 2 minutes ago, Tommy Callahan said: Dems want war, crime, economic peril I hope Tim Pool gets hit by a bus. Guy took thousands in Russian money to carry weight for a group of people that would have him executed against a wall if they got their way. Just now, Pokebball said: Let's establish some expectations, shall we. The more DOGE cuts and the more wars end, the worse our GDP will look. We'll have more cash (less deficit/debt). But we'll be better off economically. Tell the stock market that 1
SectionC3 Posted Monday at 09:23 PM Posted Monday at 09:23 PM (edited) It’s a good time to hoard cash and buy when the panic sets in. Edited Monday at 09:23 PM by SectionC3
AlBUNDY4TDS Posted Monday at 09:26 PM Posted Monday at 09:26 PM 28 minutes ago, Roundybout said: I hope Tim Pool gets hit by a bus. Guy took thousands in Russian money to carry weight for a group of people that would have him executed against a wall if they got their way. Tell the stock market that You have the thought process of a 3 year old. 1
Roundybout Posted Monday at 09:30 PM Posted Monday at 09:30 PM 3 minutes ago, AlBUNDY4TDS said: You have the thought process of a 3 year old. Dude, Pool was caught taking money from Russia to push a specific agenda. He’s a complete grifter dork.
AlBUNDY4TDS Posted Monday at 09:32 PM Posted Monday at 09:32 PM 1 minute ago, Roundybout said: Dude, Pool was caught taking money from Russia to push a specific agenda. He’s a complete grifter dork. So he needs to get by a bus? Edgy 1
Albwan Posted Monday at 09:37 PM Posted Monday at 09:37 PM 40 minutes ago, Tommy Callahan said: Dems want war, crime, economic peril They would even give xi a rim job if it helps their anti trump cause*
Roundybout Posted Monday at 10:10 PM Posted Monday at 10:10 PM 37 minutes ago, AlBUNDY4TDS said: So he needs to get by a bus? Edgy Fine, run his phone over with a bus then
Homelander Posted Monday at 10:48 PM Posted Monday at 10:48 PM MAGA spent years rooting for an economic slump to hurt Democrats. Well, they got it - just had to elect a Republican to make it happen.
Roundybout Posted Monday at 10:52 PM Posted Monday at 10:52 PM Making farmers sell at a higher price to a smaller market will certainly go over well
The Frankish Reich Posted Tuesday at 12:40 AM Author Posted Tuesday at 12:40 AM Hey, I coined that term! https://www.reuters.com/markets/europe/atlanta-fed-shock-sounds-trumpcession-warning-mcgeever-2025-03-03/
nedboy7 Posted Tuesday at 01:04 AM Posted Tuesday at 01:04 AM Looks like Warren has become a liberal snowflake!! Tariffs might be President Donald Trump’s favorite word. To legendary investor Warren Buffett, there is less to be excited about. “Tariffs are actually — we’ve had a lot of experience with them — they’re an act of war, to some degree,” Buffett said in an interview with CBS that aired on Sunday. The Berkshire Hathaway CEO and billionaire investor said tariffs over time serve as a tax on goods and could raise prices for consumers. “The Tooth Fairy doesn’t pay ‘em!” Buffett said with a laugh. Tariffs disrupt trade between countries by raising taxes on imported goods, and those new costs are often passed on to consumers through higher prices. Tariffs are considered by many economists a political cudgel — sometimes used in a trade war — and not an efficient framework for international trade. Buffett offered his thoughts in a rare sit-down interview, with CBS News’ Norah O’Donnell. The segment focused on the late Katharine Graham, former publisher of the Washington Post and a friend of Buffett’s, though he answered a few questions about the economy. The Oracle of Omaha said it’s critical to ask, “And then what?” when thinking about the implications of tariffs and who will bear the cost. “You always have to ask that question in economics: Always say, ‘And then what?’” Buffett said. Trump is set to go ahead with tariffs on America’s biggest trading partners on Tuesday, imposing 25% tariffs on goods from Canada and Mexico. Trump on Monday also raised tariffs implemented on China from 10% to 20%. The Trump administration has gone back and forth on its proposed tariff plans. Economists expect tariffs to increase the cost for US consumers on everyday goods that rely on international supply chains, from electronics to vehicles. Trump’s tariff proposals come at a time when US consumer confidence is declining and concerns of inflation are lingering. China has hit back at the United States with its own tariffs, stoking concerns of a trade war similar to Trump’s first term. And this time, the European Union and other trading partners are also targets, with Trump outlining a plan for “reciprocal tariffs” on countries that have tariffs on US goods. In an interview on The Situation Room on Monday with CNN’s Pamela Brown, Commerce Secretary Howard Lutnick dismissed Buffett’s comments about tariffs as “silly.” Lutnick said tariffs could replace the need for the Internal Revenue Service, which he incorrectly said was created when the US entered World War I. “The United States of America before 1913 only had tariffs, and then we created — when we entered World War I, we all had to pitch in, and we created, of course, the brilliantly named Internal Revenue Service,” Lutnick said. In fact, what became known as the IRS was initially created in 1862, during the Civil War. The federal income tax, collected by the IRS, was established in 1913 by the ratification of 16th amendment, four years before the US entered World War I. Since then, federal income tax has become the government’s largest source of revenue. It is true the US government used to rely on revenue from tariffs before the federal income tax was created, but the US economy of the 2020s — a global powerhouse deeply intertwined in international trade — has evolved tremendously in scope and complexity since the US economy of the late 1800s and early 1900s. In short, the proposal to abolish the IRS and supplement government revenue with tariffs is financially unrealistic and riddled with issues. While Buffett didn’t elaborate on his comment about tariffs being an act of war, tariffs have long been associated with protectionist trade policy that has influenced isolationist foreign policy. In the 1930s, after the United States hiked tariffs as part of the Smoot-Hawley Tariff Act of 1930 (which exacerbated the Great Depression), the French media reportedly called it a declaration of (economic) war. Buffett has previously been outspoken about the negative effects of tariffs. In 2016, he said Trump’s proposals for tariffs on the campaign trail were “a very bad idea.”
Big Blitz Posted Tuesday at 01:55 AM Posted Tuesday at 01:55 AM FACTS Ride out the course correction into 2026 while Democrats have fully distracted America trying to start WWIII - and the rebound/recovery of the American dream will begin again.
Roundybout Posted Tuesday at 02:02 AM Posted Tuesday at 02:02 AM 4 minutes ago, Big Blitz said: FACTS Ride out the course correction into 2026 while Democrats have fully distracted America trying to start WWIII - and the rebound/recovery of the American dream will begin again. What an atrocious attempt at a spin. Tariffs on building materials will make it near-impossible to build more housing. Young people are much more involved in the stock market than this person thinks. 15% of holders began in 2020. https://www.aboutschwab.com/generation-investor-study-2021 Trump is deliberately creating a recession. I have no idea why.
Big Blitz Posted Tuesday at 02:12 AM Posted Tuesday at 02:12 AM 6 minutes ago, Roundybout said: What an atrocious attempt at a spin. Tariffs on building materials will make it near-impossible to build more housing. Young people are much more involved in the stock market than this person thinks. 15% of holders began in 2020. https://www.aboutschwab.com/generation-investor-study-2021 Trump is deliberately creating a recession. I have no idea why. The recession has been here - just ignored by the media or redefined by Biden. Government spending has got to be reigned in. Why this is disputed is absolutely mind boggling. We can argue the effectiveness of the tariffs. If we are using them to get foreign countries to the negotiating table that’s fine by me. Specifically Mexico and the cartels. 1
Recommended Posts