JFKjr Posted April 4 Posted April 4 2 hours ago, TH3 said: JB: Floated stimmie checks, bought batteries and solar panels, hired gay people - but handed over a stable economy that was still the envy of the world. So Kamala forgot to run on this awesome economy that Joe was able to hand over. Unfortunate!
Joe Ferguson forever Posted April 4 Posted April 4 20 minutes ago, All_Pro_Bills said: This quote I saw nails the attitude of the "outraged" people. "Market participants have been falsely conditioned by our monetary and fiscal policy in this country to always expect comfort and never expect interruptions from the market moving higher, or the quality of life status quo that we believe we are entitled to here in the United States to suffer". The market was a mess in 2008. We did well. As I recall, the S and P was under 1000. Beach houses were 1/2 off. Lots of foreclosures. Lots of opportunities. .This isn't my first rodeo. So, no. I expect periodic drops. But not self inflicted crashes. but you criticized people with millions in their investment accounts that are more worried about their investments than the economy. They aren't the ones sabotaging the economy. Even with the tax cuts, they are the ones providing the lions share of tax revenue. The economy and the market can't be separated. your entire premise is false and ridiculous.
HamSandwhich Posted April 4 Posted April 4 6 hours ago, Roundybout said: 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. 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. The asbestos factory is never coming back. Grow up. Biden did things often that effected the market, you are willfully disregarding that in bad faith 5 hours ago, 4th&long said: China fires back, slaps 34% tariffs on U.S. I bet you’re rooting for this stuff. You think this will effect us more than it will effect China? Lolol
4th&long Posted April 4 Posted April 4 39 minutes ago, HamSandwhich said: Biden did things often that effected the market, you are willfully disregarding that in bad faith I bet you’re rooting for this stuff. You think this will effect us more than it will effect China? Lolol That's becayse you are a *****en moron.
Roundybout Posted April 4 Posted April 4 49 minutes ago, HamSandwhich said: Biden did things often that effected the market, you are willfully disregarding that in bad faith I bet you’re rooting for this stuff. You think this will effect us more than it will effect China? Lolol Did Biden ever deliberately obliterate our trade with literally every country on the planet? 2
The Frankish Reich Posted April 4 Posted April 4 That was then: Trump predicts a 1929 type market crash if Kamala wins https://www.the-independent.com/news/world/americas/us-politics/trump-press-conference-stock-market-crash-harris-b2597318.html This is now: a market crash (that keeps crashing) after a Trump win https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p-and-nasdaq-set-for-further-losses-after-1-679-point-blue-chip-tumble/card/u-s-stock-market-has-lost-9-6-trillion-in-value-since-inauguration-day-6NL1f3p5I5eUhbOGt2Wy Bottom line: U.S. stock market has wiped out $9.6 trillion since Inauguration Day But hey, keep on winning! 1
HamSandwhich Posted April 4 Posted April 4 30 minutes ago, Roundybout said: Did Biden ever deliberately obliterate our trade with literally every country on the planet? Roundy bout Roundy not we go, where cognitive dissonance we end, no one knows. 40 minutes ago, 4th&long said: That's becayse you are a *****en moron. Your response make 0 sense and thus I must deem you a lunatic
The Frankish Reich Posted April 4 Posted April 4 TRUMP SELLS OUT OUR GREAT AMERICAN COBBLERS FOR NIKE What happened to our great future as the World's Leading Shoemakers?
AlBUNDY4TDS Posted April 4 Posted April 4 40 minutes ago, The Frankish Reich said: TRUMP SELLS OUT OUR GREAT AMERICAN COBBLERS FOR NIKE What happened to our great future as the World's Leading Shoemakers? So you B word about tariffs and B word about no tariffs as well? You should choose a side.
joshypoo Posted April 4 Posted April 4 Is the thread about the great invasion of trans frisbee golf players? Sorry, can’t keep them straight.
Roundybout Posted April 4 Posted April 4 57 minutes ago, HamSandwhich said: Roundy bout Roundy not we go, where cognitive dissonance we end, no one knows. Your response make 0 sense and thus I must deem you a lunatic I mean points for creativity but that still doesn’t answer my question
dgrochester55 Posted April 4 Posted April 4 (edited) 1 hour ago, The Frankish Reich said: TRUMP SELLS OUT OUR GREAT AMERICAN COBBLERS FOR NIKE What happened to our great future as the World's Leading Shoemakers? One of the biggest reasons why people do not like the tariffs is because they think that countries will call their bluff and it will lead to trade wars. Situation like this is what they were hoping for and any article like this is encouraging because at the end of the day, I am tired of seeing my retirement and savings plummet. There is still a ways to go, but shouldn't we all want it to go well? Serious question, would you rather see this surprise everyone, succeed and result in the US economy becoming more stable, or is " I told you" so to the orange man so important to you that a recession and lost savings is worth it? I do not get that mentality. I've never hated any politician so much that I would rather cheer against my country and personal well being than see them succeed. Edited April 4 by dgrochester55 1
HamSandwhich Posted April 4 Posted April 4 24 minutes ago, Roundybout said: I mean points for creativity but that still doesn’t answer my question Does anyone remember that time the market crashed because the jobs numbers were revised significantly down from the lying Biden White House’s numbers? This like that will be a short term thing. Stop wishing pain on the American people, I prayed that Biden would do right, throughout his presidency, I never once wanted a president to fail. You all seem to hope and pray for crisis after crisis. 1
Joe Ferguson forever Posted April 4 Posted April 4 10 minutes ago, Roundybout said: because the vast majority of his readers have little to lose monetarily. and because believing what this fool writes is stupid. reposting it even more stupid...
Joe Ferguson forever Posted April 4 Posted April 4 (edited) 13 minutes ago, HamSandwhich said: Does anyone remember that time the market crashed because the jobs numbers were revised significantly down from the lying Biden White House’s numbers? This like that will be a short term thing. Stop wishing pain on the American people, I prayed that Biden would do right, throughout his presidency, I never once wanted a president to fail. You all seem to hope and pray for crisis after crisis. i would love to see the market gain all of the 10 trillion it lost and add another 10 trillion. but I have no faith in him, lutnick, besset and especially navarro. these are business people who are pretending to be global economic policy experts. they're not. even if the market recovers quickly by other countries capitulating, this was a radical, harmful plan with many serious long term consequences. any "crash" during the biden admin was spit in the ocean compared to this. btw, Jan and Feb job numbers were both revised downward. we'll see about march... Edited April 4 by Joe Ferguson forever
Roundybout Posted April 4 Posted April 4 14 minutes ago, HamSandwhich said: Does anyone remember that time the market crashed because the jobs numbers were revised significantly down from the lying Biden White House’s numbers? This like that will be a short term thing. Stop wishing pain on the American people, I prayed that Biden would do right, throughout his presidency, I never once wanted a president to fail. You all seem to hope and pray for crisis after crisis. There is absolutely no chance this is a short term thing so long as Trump has decided this is his crowning achievement. 1
Joe Ferguson forever Posted April 4 Posted April 4 1 minute ago, Roundybout said: There is absolutely no chance this is a short term thing so long as Trump has decided this is his crowning achievement. once prices go up (which will happen soon) and his base begin revolting, his ego may force a change. He thrives on popularity. we can hope anyway.
AlBUNDY4TDS Posted April 4 Posted April 4 5 minutes ago, Roundybout said: There is absolutely no chance this is a short term thing so long as Trump has decided this is his crowning achievement. It's a short term negotiation tactic, nothing more. 1
Joe Ferguson forever Posted April 4 Posted April 4 (edited) I wondered how long it would take real conservatives to become militant against these tariffs. turns out, not long. magas are not conservatives https://www.vox.com/scotus/407196/supreme-court-trump-tariffs-emily-ley-paper Similarly, the best legal argument against Trump’s tariffs is rooted in the Court’s major questions doctrine, which holds that judges should cast a skeptical eye on executive branch actions “of vast ‘economic and political significance’” According to the Budget Lab at Yale, the tariffs are expected to reduce the average American household’s real annual income by nearly $3,800. That seems like a matter of vast economic and political significance. Edited April 4 by Joe Ferguson forever
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