Trump’s glorious Golden Age of America is here

[4th&long]

 

[HamSandwhich]

8 hours ago, Homelander said:

Bloodbath. Trump turned the markets MAGA red. The highest number of layoffs since May 2020—funny how that lines up with the last time Trump was in office

 

 

 

 

 

Sure, folks, trust the guy who assaults women, praises Hitler, and managed to bankrupt six casinos.

 

Didn’t realize it was overreaction Thursday, I’ve got my popcorn 

[Homelander]

 

[Roundybout]

2 hours ago, HamSandwhich said:

Didn’t realize it was overreaction Thursday, I’ve got my popcorn 

 

It's the worst stock market day since 2020, entirely self-inflicted, how is this an overreaction?

[Mikie2times]

https://www.wsj.com/economy/trade/the-1960s-chicken-tax-shows-the-lasting-impact-of-tariffs-aad04b6a

 

If you want a fairly neutral look at historical tariff results take a look.  This far and away the best video I have seen on this subject. 

Edited 19 hours ago by Mikie2times

[Big Blitz]

 

[The Frankish Reich]

4 minutes ago, Big Blitz said:

 

The mill ain't comin back dad. 

Don't ruin my European vacation for nothing.

[Big Blitz]

 

[Mikie2times]

13 minutes ago, The Frankish Reich said:

The mill ain't comin back dad. 

Don't ruin my European vacation for nothing.

How can one think every breath that is taken is a conspiracy by the deep state. That everything said is lie. But poor little Isaiah thinks his Dads mill job is coming back to the US?  This population is so easily manipulated yet simultaneously so paranoid and untrusting.

[May Day 10]

The "mill" isn't coming back.  "Dad" lost his job in the 70s or 80s and is elderly, collecting SS now.  I am "dad" present and dont want to work in any mill.  

[Andy1]

 

So Trumps tariff rate is actually based on our trade imbalance with that country. How stupid is this? Of course there is a large trade imbalance with countries like Vietnam, Cambodia and Bangladesh. During Trump 1.0 he screamed about his bad it was for businesses to manufacture in China. Well a lot of them left China and moved to Southeast Asia. So now that’s not good enough for Trump. What the hell is a business supposed to do? 
 

Furthermore, America is the biggest consumer nation in the world. We have trade imbalances with everyone because we consume so much, for better or worse. Trump seems to think that this is the worst thing for the economy. A country like Cambodia is producing low cost clothing which we buy. Are we trying to “even the playing field with them” so more Americans can work at non-existent Tshirt factories and out-compete Cambodia? And if the tariffs are big bargaining chips like MAGA believes, then what big deal is he going to strike with countries like Bangladesh to improve Americans lives? Either he is one of the stupidest presidents of all time or this is intentional destruction of our economy and trade relationships with the rest of the world. 

[Mikie2times]

23 minutes ago, Andy1 said:

 

So Trumps tariff rate is actually based on our trade imbalance with that country. How stupid is this? Of course there is a large trade imbalance with countries like Vietnam, Cambodia and Bangladesh. During Trump 1.0 he screamed about his bad it was for businesses to manufacture in China. Well a lot of them left China and moved to Southeast Asia. So now that’s not good enough for Trump. What the hell is a business supposed to do? 
 

Furthermore, America is the biggest consumer nation in the world. We have trade imbalances with everyone because we consume so much, for better or worse. Trump seems to think that this is the worst thing for the economy. A country like Cambodia is producing low cost clothing which we buy. Are we trying to “even the playing field with them” so more Americans can work at non-existent Tshirt factories and out-compete Cambodia? And if the tariffs are big bargaining chips like MAGA believes, then what big deal is he going to strike with countries like Bangladesh to improve Americans lives? Either he is one of the stupidest presidents of all time or this is intentional destruction of our economy and trade relationships with the rest of the world. 

This is where I’m at. We have no intention of making most this crap. It is inconceivable to think the United States will produce as many goods for some of these poor countries vs what we will consume from them. We give them some minimal quality of life with the exports we buy, our citizens get cheaper goods, what exactly are they supposed to be buying from us? If we have stuff to sell third world countries at the same rate we buy goods from them we have a serious problem in this country. 

[HamSandwhich]

7 hours ago, Roundybout said:

 

It's the worst stock market day since 2020, entirely self-inflicted, how is this an overreaction?

So 5 years ago? You’ve never seen a stock market crash for a day or a week and then just bounce back? You must be about 5 years old then? 

I will also say, the stock market has been way up over its laurels due to artificial measures taken during the Biden admin. It’s due for a correction. Cope

[4th&long]

1 hour ago, HamSandwhich said:

So 5 years ago? You’ve never seen a stock market crash for a day or a week and then just bounce back? You must be about 5 years old then? 

I will also say, the stock market has been way up over its laurels due to artificial measures taken during the Biden admin. It’s due for a correction. Cope

You people will try to spin anything and everything! 

 

[Roundybout]

1 hour ago, HamSandwhich said:

So 5 years ago? You’ve never seen a stock market crash for a day or a week and then just bounce back? You must be about 5 years old then? 

I will also say, the stock market has been way up over its laurels due to artificial measures taken during the Biden admin. It’s due for a correction. Cope

I have seen the stock market crash before. I’ve never seen it crash because the President decided to absolutely kill all free trade with our allies. 

7 hours ago, Andy1 said:

 

So Trumps tariff rate is actually based on our trade imbalance with that country. How stupid is this? Of course there is a large trade imbalance with countries like Vietnam, Cambodia and Bangladesh. During Trump 1.0 he screamed about his bad it was for businesses to manufacture in China. Well a lot of them left China and moved to Southeast Asia. So now that’s not good enough for Trump. What the hell is a business supposed to do? 
 

Furthermore, America is the biggest consumer nation in the world. We have trade imbalances with everyone because we consume so much, for better or worse. Trump seems to think that this is the worst thing for the economy. A country like Cambodia is producing low cost clothing which we buy. Are we trying to “even the playing field with them” so more Americans can work at non-existent Tshirt factories and out-compete Cambodia? And if the tariffs are big bargaining chips like MAGA believes, then what big deal is he going to strike with countries like Bangladesh to improve Americans lives? Either he is one of the stupidest presidents of all time or this is intentional destruction of our economy and trade relationships with the rest of the world. 

A lot of economists have figured out that the tariff rate was calculated this way. 
 

It’s also very likely they used ChatGPT to do it. 

8 hours ago, Big Blitz said:

 

The asbestos factory is never coming back. Grow up. 

[4th&long]

Trump has an odd obsession with the word 'groceries.' Now his tariffs will raise the price of them

 

https://flip.it/yJBPBC

7 hours ago, May Day 10 said:

The "mill" isn't coming back.  "Dad" lost his job in the 70s or 80s and is elderly, collecting SS now.  I am "dad" present and dont want to work in any mill.  

You said that right. My dad worked for a factory that made parts for Ford. I worked there one summer, got laid off. My dad told me their called me back, I said no way. I did not want to work their the rest of my life. It was a job that paid the bills, that's the best you could say about it. 

[Andy1]

Another bloody day on Wall Street coming. Imagine if Obama had done what Trump and his clown crew are doing. MAGA world would be in histrionics over it. If Trump does it, they are all quiet, obedient sheep.

[Roundybout]

 

[4th&long]

China fires back, slaps 34% tariffs on U.S. 

Edited 10 hours ago by 4th&long

[frostbitmic]

At least we'll get some money from those damned penguins, they've been ripping us off for years.