Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on February 09, 2011, 10:26:42 PM
1) "Mainstream economics"
2) stuff china exports to the US
3) inbreds and repubs (might as well hit the teabaggers too)
4) China being geographically larger than the US
5) dope
6) [and most ironically] anti-intellectuals
Your Welcome, Cleveland
:emawkid:
Post by: pike on February 09, 2011, 10:29:21 PM
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on February 09, 2011, 10:32:20 PM
We have a pretty decent trade deficit to China. Damn commies undercutting American made goods!
I heard in addition to them exporting lots of stuff to us, we also import a lot from them. Double edged sword these mainstream economics. If only pot was legal. . . f*cking teabagging inbreds
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on March 03, 2011, 10:34:36 PM
Cleveland and Skycat, feel free to indulge us, you doltards
Post by: Winters on February 26, 2014, 09:01:55 PM
Post by: steve dave on February 26, 2014, 09:04:57 PM
Is this where we discuss all economics? :confused: Let's talk economics :Rusty:
Our economy is currently whipping enormous amounts of ass relative to the rest of the developed world. :love:
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on February 26, 2014, 09:39:40 PM
Post by: Headinjun on February 26, 2014, 10:21:39 PM
What are you bitching about?
Post by: john "teach me how to" dougie on February 26, 2014, 11:39:11 PM
Is this where we discuss all economics? :confused: Let's talk economics :Rusty:
The stock market is being artificially propped up using perpetual quantitative easing (fake money)
Post by: sys on February 27, 2014, 12:53:21 AM
The stock market is being artificially propped up using perpetual quantitative easing (fake money)
how can you tell?
Post by: john "teach me how to" dougie on February 27, 2014, 08:48:09 AM
The stock market is being artificially propped up using perpetual quantitative easing (fake money)
how can you tell?
Just a guess, but every time they threaten to stop, the market tanks. We won't really know until they really do cut it off.
Also, there is a weird kind of reverse logic going on with the traders. When bad economic news comes out, normally the market would go down, but the reverse is happening. Bad jobs report means QE will continue, so the market goes up. Good news on housing, the market goes down. The Fed is controlling the markets. JMHO
Post by: ben ji on February 27, 2014, 08:50:04 AM
/thread
Post by: Headinjun on February 27, 2014, 09:12:39 AM
The stock market is being artificially propped up using perpetual quantitative easing (fake money)
how can you tell?
Just a guess, but every time they threaten to stop, the market tanks. We won't really know until they really do cut it off.
Also, there is a weird kind of reverse logic going on with the traders. When bad economic news comes out, normally the market would go down, but the reverse is happening. Bad jobs report means QE will continue, so the market goes up. Good news on housing, the market goes down. The Fed is controlling the markets. JMHO
I think we should stop focusing on the paper pushing industry and focus more on wages, purchasing power, and unemployment levels.
Post by: ben ji on February 27, 2014, 09:13:00 AM
Cuz my teacher in Intermediate Macro completely called the financial collapse every day in class during the spring of 08. Each day would start and he would show some chart and basically say the economy was going to be mumped in a year and that 08 grads should be fine but it would suck to be an 09 grad...I was an 09 grad and was all like lol yeah whatever crazy econ guy....and then the market tanked in fall of 08 and I was all like DAMMIT.
Cool story huh?!
Post by: steve dave on February 27, 2014, 09:27:11 AM
Oooo, is this where I put my cool economics class stories?
Cuz my teacher in Intermediate Macro completely called the financial collapse every day in class during the spring of 08. Each day would start and he would show some chart and basically say the economy was going to be mumped in a year and that 08 grads should be fine but it would suck to be an 09 grad...I was an 09 grad and was all like lol yeah whatever crazy econ guy....and then the market tanked in fall of 08 and I was all like DAMMIT.
Cool story huh?!
who was the prof?
Post by: ben ji on February 27, 2014, 09:29:03 AM
Oooo, is this where I put my cool economics class stories?
Cuz my teacher in Intermediate Macro completely called the financial collapse every day in class during the spring of 08. Each day would start and he would show some chart and basically say the economy was going to be mumped in a year and that 08 grads should be fine but it would suck to be an 09 grad...I was an 09 grad and was all like lol yeah whatever crazy econ guy....and then the market tanked in fall of 08 and I was all like DAMMIT.
Cool story huh?!
who was the prof?
Cant remember, tall Swedish looking guy who was soft spoken, was probably in his mid 30's.
Post by: michigancat on February 27, 2014, 09:31:41 AM
Also, why doesn't anyone complain about the government artificially propping up the housing market? It's much easier for someone to invest in the stock market than real estate.
Post by: ben ji on February 27, 2014, 09:32:32 AM
Economists are generally pretty poor at consistently making accurate forecasts.
Also, why doesn't anyone complain about the government artificially propping up the housing market? It's much easier for someone to invest in the stock market than real estate.
Why don't you just flip your house instead of complaining about it?
Post by: michigancat on February 27, 2014, 09:35:29 AM
Post by: ben ji on February 27, 2014, 09:38:58 AM
I can't afford to buy a house, but I'm worried there's going to be another national housing bubble in the next year or two.
Would be a great time to buy a house.
Post by: michigancat on February 27, 2014, 09:40:56 AM
I can't afford to buy a house, but I'm worried there's going to be another national housing bubble in the next year or two.
Would be a great time to buy a house.
I still probably couldn't afford one.
Post by: CNS on February 27, 2014, 09:47:29 AM
I can't afford to buy a house, but I'm worried there's going to be another national housing bubble in the next year or two.
Would be a great time to buy a house.
I still probably couldn't afford one.
Damned gentrification.
Post by: sys on February 27, 2014, 10:45:06 AM
Just a guess, but every time they threaten to stop, the market tanks. We won't really know until they really do cut it off.
Also, there is a weird kind of reverse logic going on with the traders. When bad economic news comes out, normally the market would go down, but the reverse is happening. Bad jobs report means QE will continue, so the market goes up. Good news on housing, the market goes down. The Fed is controlling the markets. JMHO
yeah, everyone is saying that. but as you say, it's impossible to know. everyone was saying the same thing last year about bonds, but when they finally got around to tapering, bonds went up.
Post by: sys on February 27, 2014, 10:56:42 AM
Oooo, is this where I put my cool economics class stories?
Cuz my teacher in Intermediate Macro completely called the financial collapse every day in class during the spring of 08. Each day would start and he would show some chart and basically say the economy was going to be mumped in a year and that 08 grads should be fine but it would suck to be an 09 grad...I was an 09 grad and was all like lol yeah whatever crazy econ guy....and then the market tanked in fall of 08 and I was all like DAMMIT.
Cool story huh?!
the housing/financial crisis "started" (became obvious) in the summer-fall of 2007.
Post by: sys on February 27, 2014, 10:58:14 AM
I can't afford to buy a house, but I'm worried there's going to be another national housing bubble in the next year or two.
nope, at least there isn't one that has already started.
Post by: michigancat on February 27, 2014, 11:00:14 AM
I can't afford to buy a house, but I'm worried there's going to be another national housing bubble in the next year or two.
Would be a great time to buy a house.
I still probably couldn't afford one.
Damned gentrification.
All these decades, I've moved through San Francisco pursuing my straight white literary activist girl pursuits but with joy in the people pursuing theirs and in the range and variety of life. Those mornings in Golden Gate Park, when I lived on that side of town, when the drummers were doing their thing on Hippie Hill, the roller disco royalty gyrating on skates, the old Chinese people doing their martial arts (with big pink fans, once, a whole flock of old ladies like flamingos), the bullfighters practicing sans bulls in the Panhandle, the swing dancers on the little bridge by the De Young, the saxaphonists and digeri doo guys playing with tunnel reverb, the runners running, the weddings and tourists and museum goers and cyclists and houseless campers and the archers at the far west where the gay men used to cruise before online shopping for sex: it felt like a world with room for everyone. I keep coming back to the sign an old woman held up at Occupy Wall Street: "We are fighting for a world where everyone matters."
This is why I'll pay my respects to Esta Noche even though I was never a Latina drag queen and why it pains me to see it and so many other institutions helping the old San Francisco be a world in which many worlds fit, in which everyone mattered, evicted, erased, outpriced. Those worlds are going out like lights as it becomes the chiefs new world of newcomers--and we always welcomed newcomers, but this many with this much clout are extinguishing what came before and not arriving in San Francisco but replacing it with a strange surburbanized dudely young version of the good life that doesn't have room for Latina drag queen bars, apparently. Or bookstores. Or the Coltrane Church. Or ladies who are nearly 100 and here by grace of rent control who could tell you wonderful stories about the San Francisco of the 1930s and 1940s. Or the godfather of the Mission and the Galeria de la Raza.
Remember that Bernal Hill is where some Sandinistas trained once upon a time, before anyone dreamed the Google Bus would be stopping at its foot, remember that we were the great portal for Zen in the west with San Francisco Zen Center, remember that we have been a great generator of magazines--Rolling Stone, Artforum--that moved, of ideas that stuck, starting with the environmental movement at least since the Sierra Club was founded on Kearny Street in 1892 and Earth Island Institute 90 years or so later, of liberation for queer people at least since North Beach was full of lesbian and drag bars and Jose Sarria (may s/he rest in regal festivity) was running for Supe in 1961 and the drag queens were beating the cops with their purses and heels at the Compton Cafeteria Riot long before Stonewall, remember that the Mission mural scene was all about art that wasn't white or gentrifying, remember that the Alcatraz occupation came out of Native Americans here who inspired a whole continent of indigenous people, remember that Asian rights and identities were often defined from here around the I-Hotel and its cultural center and activists and the great Asian writers of this region, remember that Valencia Street was lesbian bars and appliance stores before the new fancy came in, remember that the support for so many movements, and sometimes the big ideas, came from here. Will they again? I'm worried.
Post by: michigancat on February 27, 2014, 11:02:22 AM
I can't afford to buy a house, but I'm worried there's going to be another national housing bubble in the next year or two.
nope, at least there isn't one that has already started.
yeah, I believe another one has started and should have said that I am worried about another bubble bursting. I don't think anyone learned anything from the last one.
Post by: sys on February 27, 2014, 11:05:46 AM
yeah, I believe another one has started and should have said that I am worried about another bubble bursting. I don't think anyone learned anything from the last one.
have you looked at the data? there may be a few local bubbles that have started, but there is not a national bubble that has already started. if anything, lending standards are still so tight that they are stifling the housing market.
Post by: michigancat on February 27, 2014, 11:07:50 AM
have you looked at the data? there may be a few local bubbles that have started, but there is not a national bubble that has already started.
how do you know?
Post by: sys on February 27, 2014, 11:08:44 AM
Post by: michigancat on February 27, 2014, 11:10:24 AM
i've looked at the data.
http://us.spindices.com/indices/real-estate/sp-case-shiller-us-national-home-price-index
:dunno:
Post by: michigancat on February 27, 2014, 11:11:02 AM
Post by: ben ji on February 27, 2014, 11:12:21 AM
Post by: michigancat on February 27, 2014, 11:13:21 AM
Lets keep this bubble rolling another 5-10 years then pop it when ben ji has a family and needs to buy bigger house.
what if you can't sell the one you're in? (You probably won't need a bigger house, so you'll be fine, but it's something to think about).
Post by: sys on February 27, 2014, 11:15:19 AM
rates are low; most single-family residential mortgages are fixed.
Post by: ben ji on February 27, 2014, 11:15:24 AM
Lets keep this bubble rolling another 5-10 years then pop it when ben ji has a family and needs to buy bigger house.
what if you can't sell the one you're in? (You probably won't need a bigger house, so you'll be fine, but it's something to think about).
Already planning on renting the current house if I were to need a larger house :gocho:
Post by: sys on February 27, 2014, 11:17:21 AM
My point is how do you know you're in a bubble until after it's burst?
oh, hey there eugene fama.
Post by: Emo EMAW on February 27, 2014, 11:21:19 AM
Post by: michigancat on February 27, 2014, 11:25:11 AM
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2F3.bp.blogspot.com%2F-QkSEBZSiE5w%2FUaTiVCXE2fI%2FAAAAAAAAN74%2Fhgp-_xyD0LQ%2Fs1600%2FAffordability%2BIndex.jpg&hash=17148599fb8463c189a528bb394ac5258ab56e30)
rates are low; most single-family residential mortgages are fixed.
pffft, realtors.
There seems to be some contradicting data unless income has really shot up.
Post by: Emo EMAW on February 27, 2014, 11:27:10 AM
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2F3.bp.blogspot.com%2F-QkSEBZSiE5w%2FUaTiVCXE2fI%2FAAAAAAAAN74%2Fhgp-_xyD0LQ%2Fs1600%2FAffordability%2BIndex.jpg&hash=17148599fb8463c189a528bb394ac5258ab56e30)
rates are low; most single-family residential mortgages are fixed.
pffft, realtors.
There seems to be some contradicting data unless income has really shot up.
It's the personal debt that's gone down. Loans, credit cards, etc.
Post by: sys on February 27, 2014, 11:27:29 AM
Back to the general economy...the stock market index prices are super high compare to earnings. Unsustainably high. Either earnings have to increase dramatically or the market is going to tank. Obviously earnings are rear-looking and the price indexes are forward looking so there might not be a disconnect there, but the potential is as high as it's ever been.
data, please. i'd say earnings much more likely to be unsustainably high than valuations are (sp500, small caps seem like they are a little overvalued). valuations certainly aren't cheap, but they aren't outlandishly high. they're pretty normal.
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fwww.multpl.com%2Fchart-image-3bb4336d1106c064.png&hash=65ff3ddd995242553e7dafdbc41dbe5caa3d35c1)
Post by: sys on February 27, 2014, 11:29:40 AM
pffft, realtors.
There seems to be some contradicting data unless income has really shot up.
you could get the same graph off a different website, if you'd find it more convincing that way.
it's not contradictory data. affordability is a combination of housing prices, incomes and interest rates. interest rates are very low.
Post by: michigancat on February 27, 2014, 11:34:38 AM
pffft, realtors.
There seems to be some contradicting data unless income has really shot up.
you could get the same graph off a different website, if you'd find it more convincing that way.
it's not contradictory data. affordability is a combination of housing prices, incomes and interest rates. interest rates are very low.
your data just stopped at its peak in 2012. Taking the data all the way to the end of 2013 makes more sense.
http://www.realtor.org/sites/default/files/reports/2014/embargoes/hai-12-2013/hai-12-2013-housing-affordability-index-02-11-2014.pdf
Post by: sys on February 27, 2014, 11:41:42 AM
Post by: OregonSmock on February 27, 2014, 11:47:33 AM
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fen%2Fe%2Fe9%2FSurplus_from_Price_Floor.svg&hash=fb33ecc3dc5f76d6fbc0358bef6849da2a68d1b5)
:cool:
Post by: michigancat on February 27, 2014, 11:51:55 AM
how does that make more sense to your bubble thesis? rates went up, housing price increases slowed.
It just made more sense compared to housing prices.
Post by: p1k3 on February 27, 2014, 12:20:50 PM
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on February 27, 2014, 12:29:11 PM
The current state of our economy is really bad relative to similar points in time since WW2, which is troubling.
Post by: OregonSmock on February 27, 2014, 12:38:39 PM
Our economy has outpaced the developed world (western European socialists) since WW2. Saying its kicking ass right now compared to them is the equivalent of a big brother bragging about being older than his little brother.
The current state of our economy is really bad relative to similar points in time since WW2, which is troubling.
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fstatic.seekingalpha.com%2Fuploads%2F2009%2F2%2F4%2Fsaupload_09_02_02f_gdp_since_1930.png&hash=40f606c3c7b6537cabc354944dbfb0908a0347e2)
Do I need to explain why WWII was good for the US economy?
Post by: sys on February 27, 2014, 12:39:00 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
Post by: p1k3 on February 27, 2014, 12:41:42 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
hmm. Not mainstream either. Hardly ever hear about it on CNBS, when in reality we're all much poorer since the start of the millennium!
Post by: OregonSmock on February 27, 2014, 12:43:01 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
Inflation has been low recently. The US inflation rate currently sits at 1.6%. The optimal level is around 2.5%, right? What do we need to do to increase inflation, sys?
Post by: steve dave on February 27, 2014, 12:44:43 PM
Post by: p1k3 on February 27, 2014, 12:45:08 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
Inflation has been low recently. The US inflation rate currently sits at 1.6%. The optimal level is around 2.5%, right? What do we need to do to increase inflation, sys?
Ok, thinking inflation is good is pretty mainstream. It would be nice to pay less for things, imo.
We should like try going
Post by: OregonSmock on February 27, 2014, 12:52:45 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
Inflation has been low recently. The US inflation rate currently sits at 1.6%. The optimal level is around 2.5%, right? What do we need to do to increase inflation, sys?
Ok, thinking inflation is good is pretty mainstream. It would be nice to pay less for things, imo.
We should like try going
You seem to have a very poor understanding of economics.
http://money.cnn.com/2013/04/19/news/economy/low-inflation-risks/ (http://money.cnn.com/2013/04/19/news/economy/low-inflation-risks/)
Quote
The Fed typically aims to keep inflation around 2% a year. Inflation at that level is considered healthy, coinciding with solid economic growth, a growing job market and gradually rising wages.
"Economic history has shown that economies perform best with slightly higher levels of inflation, such as 2% to 3%," said Bernard Baumohl, chief global economist for the Economic Outlook Group. "Low and dormant inflation translates into a dormant economy."
Why is low inflation bad? There are a few key reasons.
First, when companies don't have any leeway to raise prices, they're more apt to cut costs, which could mean a cutback in hiring. Second, if inflation remains so low, consumers are not as motivated to rush out and spend, Baumohl said.
Third, when inflation is low, it doesn't offer a large buffer against deflation if an economic shock occurs. Deflation -- when prices fall -- often freezes up spending, because who wants to go out and buy an item now, if they expect it to be cheaper in six months?
Post by: sys on February 27, 2014, 12:55:31 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
Inflation has been low recently. The US inflation rate currently sits at 1.6%. The optimal level is around 2.5%, right? What do we need to do to increase inflation, sys?
i dunno, i just wanted to remind everyone that pike is a weirdo goldbug who's been claiming the fed was going to create runaway inflation for the last six years.
Post by: p1k3 on February 27, 2014, 12:57:23 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
Inflation has been low recently. The US inflation rate currently sits at 1.6%. The optimal level is around 2.5%, right? What do we need to do to increase inflation, sys?
Ok, thinking inflation is good is pretty mainstream. It would be nice to pay less for things, imo.
We should like try going
You seem to have a very poor understanding of economics.
http://money.cnn.com/2013/04/19/news/economy/low-inflation-risks/ (http://money.cnn.com/2013/04/19/news/economy/low-inflation-risks/)QuoteThe Fed typically aims to keep inflation around 2% a year. Inflation at that level is considered healthy, coinciding with solid economic growth, a growing job market and gradually rising wages.
"Economic history has shown that economies perform best with slightly higher levels of inflation, such as 2% to 3%," said Bernard Baumohl, chief global economist for the Economic Outlook Group. "Low and dormant inflation translates into a dormant economy."
Why is low inflation bad? There are a few key reasons.
First, when companies don't have any leeway to raise prices, they're more apt to cut costs, which could mean a cutback in hiring. Second, if inflation remains so low, consumers are not as motivated to rush out and spend, Baumohl said.
Third, when inflation is low, it doesn't offer a large buffer against deflation if an economic shock occurs. Deflation -- when prices fall -- often freezes up spending, because who wants to go out and buy an item now, if they expect it to be cheaper in six months?
lol, that's Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!). I must be message boarding with Steve Liesman and Joe Kernen.
Post by: OregonSmock on February 27, 2014, 01:25:24 PM
Not very "mainstream" but we should talk about the labor participation rate!
inflation! let's talk about inflation.
Inflation has been low recently. The US inflation rate currently sits at 1.6%. The optimal level is around 2.5%, right? What do we need to do to increase inflation, sys?
i dunno, i just wanted to remind everyone that pike is a weirdo goldbug who's been claiming the fed was going to create runaway inflation for the last six years.
:thumbs:
Post by: CNS on February 27, 2014, 01:53:07 PM
My point is how do you know you're in a bubble until after it's burst?
If this happened now, in many regions, it would mean there was a bubble inside a bigger bubble. :horrorsurprise:
Post by: Emo EMAW on February 27, 2014, 02:05:55 PM
Back to the general economy...the stock market index prices are super high compare to earnings. Unsustainably high. Either earnings have to increase dramatically or the market is going to tank. Obviously earnings are rear-looking and the price indexes are forward looking so there might not be a disconnect there, but the potential is as high as it's ever been.
data, please. i'd say earnings much more likely to be unsustainably high than valuations are (sp500, small caps seem like they are a little overvalued). valuations certainly aren't cheap, but they aren't outlandishly high. they're pretty normal.
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fwww.multpl.com%2Fchart-image-3bb4336d1106c064.png&hash=65ff3ddd995242553e7dafdbc41dbe5caa3d35c1)
You posted the exact chart I would have. Clearly we are at the upper range compared to historic data.
Post by: OregonSmock on February 27, 2014, 02:30:49 PM
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on February 27, 2014, 03:59:32 PM
The Dow Jones index has been increasing by an average of 10% since the stock market first began.
Good for those 30 corporations. No doubt layoffs and an increased use of part-time, no benefit workers has improved their bottom lines, justifying an increased valuation.
However, we're talking about the economy here. Mainstream economics, as a matter of fact. So perhaps you chose the wrong thread.
Regardless, per B.O. circa 2008, and our lord and savior, only rich people can afford stocks. The rest are suffering.
Post by: Winters on February 27, 2014, 09:04:13 PM
Post by: puniraptor on February 27, 2014, 09:06:44 PM
I may or may not have mushed a guy on a rent control discussion today. :eye:
Did you yell "BODYBAG" at any point?
Post by: michigancat on February 27, 2014, 09:36:46 PM
I may or may not have mushed a guy on a rent control discussion today. :eye:
What was the context and what was your position?
Post by: mocat on February 28, 2014, 06:32:18 AM
Post by: Winters on February 28, 2014, 02:49:44 PM
rent control is badI may or may not have mushed a guy on a rent control discussion today. :eye:
What was the context and what was your position?
Post by: john "teach me how to" dougie on February 28, 2014, 05:19:43 PM
rent control is badI may or may not have mushed a guy on a rent control discussion today. :eye:
What was the context and what was your position?
Good work Wintz. Rusty will probably tell you you're wrong, but just imagine future Winters owning a rental property and the man telling you how much you can charge for rent simply because of location.
Post by: 0.42 on February 28, 2014, 05:31:05 PM
:peek:
Post by: john "teach me how to" dougie on February 28, 2014, 05:42:47 PM
Rent control breeds slums that can't be sold and eliminates housing construction in rent control areas, so prices go up everywhere else. Plus, very small percentage of rent control housing goes to the poor.
Post by: michigancat on February 28, 2014, 05:46:50 PM
rent control is badI may or may not have mushed a guy on a rent control discussion today. :eye:
What was the context and what was your position?
Good work Wintz. Rusty will probably tell you you're wrong, but just imagine future Winters owning a rental property and the man telling you how much you can charge for rent simply because of location.
I think rent control is neutral to bad, for the most part. It solves nothing in the long term for tenants, but it isn't as bad for landlords as you describe it. Landlords can charge whatever they want for rent-controlled apartments once they're vacated. The biggest problem I have with it is that it distracts everyone from the real issue that no one ever talks about here, which is a failure to address housing supply.
Post by: 0.42 on February 28, 2014, 05:47:30 PM
Post by: 0.42 on February 28, 2014, 06:08:10 PM
rent control is badI may or may not have mushed a guy on a rent control discussion today. :eye:
What was the context and what was your position?
Good work Wintz. Rusty will probably tell you you're wrong, but just imagine future Winters owning a rental property and the man telling you how much you can charge for rent simply because of location.
I think rent control is neutral to bad, for the most part. It solves nothing in the long term for tenants, but it isn't as bad for landlords as you describe it. Landlords can charge whatever they want for rent-controlled apartments once they're vacated. The biggest problem I have with it is that it distracts everyone from the real issue that no one ever talks about here, which is a failure to address housing supply.
Housing supply in Austin and San Marcos is pretty tight right now and it's caused massive rent inflation, especially in Austin. The biggest problem we have is that environmentalists don't want to build outward since a lot of the land we're on is sensitive aquifer recharge/endangered species/river runoff zones, which makes sense. But then many of the same hippies (a lot of the older ones) get all :shakesfist: when developers start building upwards because having a skyline "disrupts their way of life" which is code for them being pissed that Austin's plan to forsake city planning to keep people from moving here didn't work and that 1980's Austin is never coming back.
San Marcos townies are similarly pissed, but their temper tantrums at least sort of make sense because there was a really corrupt deal that went down with City Council in which ecologically sensitive land that was voted on by citizen referendum to be rezoned to parkland "somehow" ended up in the hands of a developer who built student apartments. Problem is now townies basically want to reject anything student housing related while the university grows which basically jacks the rents up.
It's all pretty stupid tbh. What's causing the lack of supply in SF iyo rusty?
Post by: michigancat on February 28, 2014, 06:24:21 PM
rent control is badI may or may not have mushed a guy on a rent control discussion today. :eye:
What was the context and what was your position?
Good work Wintz. Rusty will probably tell you you're wrong, but just imagine future Winters owning a rental property and the man telling you how much you can charge for rent simply because of location.
I think rent control is neutral to bad, for the most part. It solves nothing in the long term for tenants, but it isn't as bad for landlords as you describe it. Landlords can charge whatever they want for rent-controlled apartments once they're vacated. The biggest problem I have with it is that it distracts everyone from the real issue that no one ever talks about here, which is a failure to address housing supply.
Housing supply in Austin and San Marcos is pretty tight right now and it's caused massive rent inflation, especially in Austin. The biggest problem we have is that environmentalists don't want to build outward since a lot of the land we're on is sensitive aquifer recharge/endangered species/river runoff zones, which makes sense. But then many of the same hippies (a lot of the older ones) get all :shakesfist: when developers start building upwards because having a skyline "disrupts their way of life" which is code for them being pissed that Austin's plan to forsake city planning to keep people from moving here didn't work and that 1980's Austin is never coming back.
San Marcos townies are similarly pissed, but their temper tantrums at least sort of make sense because there was a really corrupt deal that went down with City Council in which ecologically sensitive land that was voted on by citizen referendum to be rezoned to parkland "somehow" ended up in the hands of a developer who built student apartments. Problem is now townies basically want to reject anything student housing related while the university grows which basically jacks the rents up.
It's all pretty stupid tbh. What's causing the lack of supply in SF iyo rusty?
pretty similar to Austin.
In November, there was a ballot measure to determine whether a developer could build a building 136 feet instead of 86 feet and it failed by a 2 to 1 margin. Now keep in mind that it was directly across the street from a 220 foot building and a block from a 568 foot building:
http://www.sfgate.com/opinion/editorials/article/Vote-yes-on-S-F-Props-B-and-C-4888941.php
Here is a view - it is where the green fence is:
https://maps.google.com/?ll=37.797207,-122.397154&spn=0.002115,0.004128&t=h&z=19&layer=c&cbll=37.797207,-122.397154&panoid=2U-VKDpFIUADCGcV-0LX1A&cbp=12,161.82,,0,-17.78
So really this was a pretty small development and it got rough ridin' obliterated. No one talks about supply when discussing housing prices, ever. People think that if they just stop Ellis Act evictions, everything will be all hunky dory, but those are just a really small part of the problem.
Post by: CNS on February 28, 2014, 09:01:55 PM
Post by: Kat Kid on February 28, 2014, 09:27:52 PM
Post by: kim carnes on February 28, 2014, 09:59:10 PM
D.C., NYC, SF all seem incredibly stupid in their ability to manage housing supply. It is incomprehensible really.
it is intentional
Post by: sys on February 28, 2014, 10:10:20 PM
D.C., NYC, SF all seem incredibly stupid in their ability to manage housing supply. It is incomprehensible really.
if you were a property owner in an extremely desirable place to live, where housing supply was constrained, for whatever reason (obviously, manhattan and sf are extremely constrained by geography, aside from whatever planning constraints exist) and as a result, your property was incredibly valuable, how happy would you be about increasing housing supply?
Post by: michigancat on February 28, 2014, 10:38:23 PM
D.C., NYC, SF all seem incredibly stupid in their ability to manage housing supply. It is incomprehensible really.
if you were a property owner in an extremely desirable place to live, where housing supply was constrained, for whatever reason (obviously, manhattan and sf are extremely constrained by geography, aside from whatever planning constraints exist) and as a result, your property was incredibly valuable, how happy would you be about increasing housing supply?
Yeah, the governments and policy definitely cater to property owners. The tenants just get mad at techies and Ellis Act evictions.
Post by: steve dave on February 28, 2014, 11:00:29 PM
Post by: wetwillie on February 28, 2014, 11:23:12 PM
Post by: mocat on March 01, 2014, 06:55:28 AM
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on March 01, 2014, 12:26:01 PM
For example, the unemployment, underemployment rate is because of our aging population and technology outpacing education. Its not economics at all, just lazy talking points contrived by democrats.
Post by: Kat Kid on March 02, 2014, 09:31:26 PM
Post by: sys on August 15, 2014, 10:38:13 AM
https://www.youtube.com/watch?v=7Pq-S557XQU
Post by: michigancat on August 15, 2014, 10:39:18 AM
there's prolly a better thread to place this in, but i didn't see it as quickly as i saw this one. fascinating video.
https://www.youtube.com/watch?v=7Pq-S557XQU
wish they could just share the text.
Post by: sys on August 15, 2014, 12:00:35 PM
Post by: michigancat on August 15, 2014, 12:02:21 PM
i'm not sure i understand your comment. are you saying you'd rather read a story than watch a vid? normally, i would as well. this is a good video, though. well worth the 15 minutes.
yeah it got better. I thought it was going to be one of those annoying heavily edited "vlog" things that would save me a lot of time and be less annoying if they just shared the text.
Post by: michigancat on August 15, 2014, 12:22:30 PM
Post by: sys on August 15, 2014, 01:03:01 PM
I watched it. I thought the info was exciting and inspiring and his tone was annoying and shortsighted. Just because he can't imagine new jobs doesn't mean they won't happen. Also, less wealth will be required to live a healthy life, thus making unemployment less worrisome. I haven't really thought this through much, but that's my initial reaction.
work will still be done. goods and services produced. it's a matter of distribution of the production, if payment for work performed by humans no longer works to widely distribute those goods and services. could be a paradise, could be hell.
that's my reaction.
btw, i saw this somewhere. kinda fits.
http://www.theguardian.com/business/blog/2014/jul/23/carlos-slim-three-day-working-week-expert-debate-workable
Post by: sys on August 29, 2014, 11:50:32 PM
Post by: michigancat on August 30, 2014, 12:29:35 AM
http://www.technologyreview.com/featuredstory/515926/how-technology-is-destroying-jobs/
Quote
Perhaps the most damning piece of evidence, according to Brynjolfsson, is a chart that only an economist could love. In economics, productivity—the amount of economic value created for a given unit of input, such as an hour of labor—is a crucial indicator of growth and wealth creation. It is a measure of progress. On the chart Brynjolfsson likes to show, separate lines represent productivity and total employment in the United States. For years after World War II, the two lines closely tracked each other, with increases in jobs corresponding to increases in productivity. The pattern is clear: as businesses generated more value from their workers, the country as a whole became richer, which fueled more economic activity and created even more job
Will read the rest later, but past WWII America is both a small blip in world economic history and a unique situation that shouldn't be expected to repeat itself.
That doesn't mean that the article is invalid, but IMO "the most damning piece of evidence" is.
Post by: sys on August 30, 2014, 12:36:14 AM
Quote
What is the optimistic view?
Erik Brynjolfsson came up with a great phrase: “digital Athens.” The Athenian citizens had lives of leisure; they got to participate in democracy and create art. That was largely because they had slaves to do the work. Okay, I don’t want human slaves, but in a very, very automated and digitally productive economy you don’t need to work as much, as hard, with as many people, to get the fruits of the economy. So the optimistic version is that we finally have more hours in our week freed up from toil and drudgery.
Post by: michigancat on August 30, 2014, 11:41:50 AM
http://www.technologyreview.com/news/428429/when-machines-do-your-job/QuoteWhat is the optimistic view?
Erik Brynjolfsson came up with a great phrase: “digital Athens.” The Athenian citizens had lives of leisure; they got to participate in democracy and create art. That was largely because they had slaves to do the work. Okay, I don’t want human slaves, but in a very, very automated and digitally productive economy you don’t need to work as much, as hard, with as many people, to get the fruits of the economy. So the optimistic version is that we finally have more hours in our week freed up from toil and drudgery.
good advice
Quote
To the parent, make sure your kid’s education is geared toward things that machines appear not to be very good at. Computers are still lousy at programming computers. Computers are still bad at figuring out what questions need to be answered. I would encourage every kid these days to buckle down and do a double major, one in the liberal arts and one in the college of sciences.
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on August 31, 2014, 11:28:12 AM
Guys, mainstream economics is about apologizing away the failure that are the economic policies of the social welfare state. How, rather than help bring people up, it forces more people into relative poverty.
Post by: michigancat on August 31, 2014, 01:21:09 PM
Not sure you need to "buckle down" to get a degree in liberal arts, and positive it has no value. Save the 30k in student loans and the corresponding indentured servitude.
you make the liberal arts degree a second degree.
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on August 31, 2014, 01:33:40 PM
Not sure you need to "buckle down" to get a degree in liberal arts, and positive it has no value. Save the 30k in student loans and the corresponding indentured servitude.
you make the liberal arts degree a second degree.
Why even bother with it? Take the cost (and opportunity cost) of another year of school and do something more worthwhile with it.
Post by: michigancat on August 31, 2014, 01:38:55 PM
Not sure you need to "buckle down" to get a degree in liberal arts, and positive it has no value. Save the 30k in student loans and the corresponding indentured servitude.
you make the liberal arts degree a second degree.
Why even bother with it? Take the cost (and opportunity cost) of another year of school and do something more worthwhile with it.
I don't think it would take another year of school if you did knew you were doing it from the start and planned accordingly.
Post by: kim carnes on August 31, 2014, 01:51:15 PM
Not sure you need to "buckle down" to get a degree in liberal arts, and positive it has no value. Save the 30k in student loans and the corresponding indentured servitude.
you make the liberal arts degree a second degree.
Why even bother with it? Take the cost (and opportunity cost) of another year of school and do something more worthwhile with it.
I don't think it would take another year of school if you did knew you were doing it from the start and planned accordingly.
um.. how would it not?
Post by: michigancat on August 31, 2014, 01:57:10 PM
Not sure you need to "buckle down" to get a degree in liberal arts, and positive it has no value. Save the 30k in student loans and the corresponding indentured servitude.
you make the liberal arts degree a second degree.
Why even bother with it? Take the cost (and opportunity cost) of another year of school and do something more worthwhile with it.
I don't think it would take another year of school if you did knew you were doing it from the start and planned accordingly.
um.. how would it not?
there could be lots of overlap between the majors. I think it would still be worth an extra year though
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on August 31, 2014, 06:36:45 PM
^^^^
Actual application of economic principles
Post by: sys on September 03, 2014, 12:25:52 AM
http://www.technologyreview.com/news/428429/when-machines-do-your-job/QuoteWhat is the optimistic view?
Erik Brynjolfsson came up with a great phrase: “digital Athens.” The Athenian citizens had lives of leisure; they got to participate in democracy and create art. That was largely because they had slaves to do the work. Okay, I don’t want human slaves, but in a very, very automated and digitally productive economy you don’t need to work as much, as hard, with as many people, to get the fruits of the economy. So the optimistic version is that we finally have more hours in our week freed up from toil and drudgery.
following up on this a bit, a poster on another forum postulated that the price of most (all) goods and services can be reduced to the sum of the price of the land and the time needed to produce them. if followed to a theoretical extreme, given rampant automation, the prices of most human needs would fall to nothing or nearly nothing as time would be removed from the equation and only land scarcity would remain to drive prices above zero.
Post by: michigancat on September 03, 2014, 12:29:51 AM
And I know people are already experimenting with growing plants vertically for agriculture. I saw pictures from the Tulare Farm show of a company that devised a way to quickly grow grass for cattle consumption in some sort of vertical orientation. I wish I could find it.
So maybe the land thing won't even be a limit?
Post by: kim carnes on September 03, 2014, 12:33:14 AM
hmm, I suppose you could synthesize water. Theoretically.
And I know people are already experimenting with growing plants vertically for agriculture. I saw pictures from the Tulare Farm show of a company that devised a way to quickly grow grass for cattle consumption in some sort of vertical orientation. I wish I could find it.
So maybe the land thing won't even be a limit?
i don't even know how to respond to this. most plants grow vertically.
Post by: michigancat on September 03, 2014, 12:36:03 AM
hmm, I suppose you could synthesize water. Theoretically.
And I know people are already experimenting with growing plants vertically for agriculture. I saw pictures from the Tulare Farm show of a company that devised a way to quickly grow grass for cattle consumption in some sort of vertical orientation. I wish I could find it.
So maybe the land thing won't even be a limit?
i don't even know how to respond to this. most plants grow vertically.
It's something like this:
http://foddermachine.com/fodder-machine-hydroponics-fodder-machine/
Right now they just pull the pods out and feed them to cattle, but the idea could apply to human food.
Post by: Rage Against the McKee on September 03, 2014, 10:51:30 AM
http://www.technologyreview.com/news/428429/when-machines-do-your-job/QuoteWhat is the optimistic view?
Erik Brynjolfsson came up with a great phrase: “digital Athens.” The Athenian citizens had lives of leisure; they got to participate in democracy and create art. That was largely because they had slaves to do the work. Okay, I don’t want human slaves, but in a very, very automated and digitally productive economy you don’t need to work as much, as hard, with as many people, to get the fruits of the economy. So the optimistic version is that we finally have more hours in our week freed up from toil and drudgery.
following up on this a bit, a poster on another forum postulated that the price of most (all) goods and services can be reduced to the sum of the price of the land and the time needed to produce them. if followed to a theoretical extreme, given rampant automation, the prices of most human needs would fall to nothing or nearly nothing as time would be removed from the equation and only land scarcity would remain to drive prices above zero.
Land and resource scarcity. You still need energy and water. Plus to have rampant automation, you would have to figure in equipment costs plus maintenance. That's all that is keeping prices above zero today, really, but land and resources are only becoming more scarce. Expect costs to go up, not down.
Post by: john "teach me how to" dougie on September 03, 2014, 12:44:08 PM
http://www.technologyreview.com/news/428429/when-machines-do-your-job/QuoteWhat is the optimistic view?
Erik Brynjolfsson came up with a great phrase: “digital Athens.” The Athenian citizens had lives of leisure; they got to participate in democracy and create art. That was largely because they had slaves to do the work. Okay, I don’t want human slaves, but in a very, very automated and digitally productive economy you don’t need to work as much, as hard, with as many people, to get the fruits of the economy. So the optimistic version is that we finally have more hours in our week freed up from toil and drudgery.
following up on this a bit, a poster on another forum postulated that the price of most (all) goods and services can be reduced to the sum of the price of the land and the time needed to produce them. if followed to a theoretical extreme, given rampant automation, the prices of most human needs would fall to nothing or nearly nothing as time would be removed from the equation and only land scarcity would remain to drive prices above zero.
Land and resource scarcity. You still need energy and water. Plus to have rampant automation, you would have to figure in equipment costs plus maintenance. That's all that is keeping prices above zero today, really, but land and resources are only becoming more scarce. Expect costs to go up, not down.
Energy (with the new carbon taxes), labor, and water costs are the driving force for for anything farmed or manufactured now and more so in the future. Prices will necessarily skyrocket.
Post by: michigancat on September 03, 2014, 12:47:40 PM
Post by: Rage Against the McKee on September 03, 2014, 01:09:49 PM
I don't think you guys are thinking as far into the future as the poster sys was referring to.
I think you are being the equivalent of the guys 20 years ago who thought the future would be all jetpacks and flying cars.
Post by: michigancat on September 03, 2014, 01:11:08 PM
I don't think you guys are thinking as far into the future as the poster sys was referring to.
I think you are being the equivalent of the guys 20 years ago who thought the future would be all jetpacks and flying cars.
I'm thinking 500+ years into the future and I imagine that we won't be able to imagine what it will look like.
Post by: Rage Against the McKee on September 03, 2014, 01:17:24 PM
I don't think you guys are thinking as far into the future as the poster sys was referring to.
I think you are being the equivalent of the guys 20 years ago who thought the future would be all jetpacks and flying cars.
I'm thinking 500+ years into the future and I imagine that we won't be able to imagine what it will look like.
Oh. I was looking 100 years into the future, and it is going to be really damned expensive to eat meat in 2114. The rent is also going to be really high. Like, mind bogglingly high.
Post by: michigancat on September 03, 2014, 01:22:30 PM
I don't think you guys are thinking as far into the future as the poster sys was referring to.
I think you are being the equivalent of the guys 20 years ago who thought the future would be all jetpacks and flying cars.
I'm thinking 500+ years into the future and I imagine that we won't be able to imagine what it will look like.
Oh. I was looking 100 years into the future, and it is going to be really damned expensive to eat meat in 2114. The rent is also going to be really high. Like, mind bogglingly high.
nah, there's still plenty of room that far out as far as rents go, IMO. At least in the US.
I agree meat may be relatively expensive and think people in the states will have to adjust away from suburban lifestyles, but don't think things will be wildly different, economically. At least in 100 years.
Post by: sys on September 03, 2014, 02:52:07 PM
Post by: john "teach me how to" dougie on September 03, 2014, 05:45:58 PM
water would be a component of land. energy can be reduced to land and time (for example coal = coal bearing land plus time to mine, plus the land and time to produce the mining equipment, plus the equipment, labor and energy to transport transport it, etc.). any energy i can think of can be reduced to land + time as well, though the %s of the energy that are land and that are time may vary greatly.
In places like California and Europe, taxes will be the driving force as to what producers will charge for energy, goods, and services.
Post by: sys on September 03, 2014, 06:54:25 PM
Land and resource scarcity. You still need energy and water. Plus to have rampant automation, you would have to figure in equipment costs plus maintenance. That's all that is keeping prices above zero today, really, but land and resources are only becoming more scarce. Expect costs to go up, not down.
what resources do expect to be scarce? if you have free labor (robots), energy can be harvested for free, if you have free energy, water can be treated and distributed for free. equipment is free, maintenance is free.
when you allow the cost of labor (labor = time) to go to zero, most things become free or almost free to produce.
costs of almost everything have come down from the industrial revolution on, while populations (demand) have exploded.
Post by: michigancat on September 03, 2014, 07:00:56 PM
Land and resource scarcity. You still need energy and water. Plus to have rampant automation, you would have to figure in equipment costs plus maintenance. That's all that is keeping prices above zero today, really, but land and resources are only becoming more scarce. Expect costs to go up, not down.
what resources do expect to be scarce? if you have free labor (robots), energy can be harvested for free, if you have free energy, water can be treated and distributed for free. equipment is free, maintenance is free.
when you allow the cost of labor (labor = time) to go to zero, most things become free or almost free to produce.
costs of almost everything have come down from the industrial revolution on, while populations (demand) have exploded.
good fields to got into for humans: science/research
Post by: 06wildcat on September 03, 2014, 07:29:55 PM
Land and resource scarcity. You still need energy and water. Plus to have rampant automation, you would have to figure in equipment costs plus maintenance. That's all that is keeping prices above zero today, really, but land and resources are only becoming more scarce. Expect costs to go up, not down.
what resources do expect to be scarce? if you have free labor (robots), energy can be harvested for free, if you have free energy, water can be treated and distributed for free. equipment is free, maintenance is free.
when you allow the cost of labor (labor = time) to go to zero, most things become free or almost free to produce.
costs of almost everything have come down from the industrial revolution on, while populations (demand) have exploded.
While plausible, it would also require the abolition of our current economic model to benefit all of humanity.
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on September 03, 2014, 07:51:46 PM
Land and resource scarcity. You still need energy and water. Plus to have rampant automation, you would have to figure in equipment costs plus maintenance. That's all that is keeping prices above zero today, really, but land and resources are only becoming more scarce. Expect costs to go up, not down.
what resources do expect to be scarce? if you have free labor (robots), energy can be harvested for free, if you have free energy, water can be treated and distributed for free. equipment is free, maintenance is free.
when you allow the cost of labor (labor = time) to go to zero, most things become free or almost free to produce.
costs of almost everything have come down from the industrial revolution on, while populations (demand) have exploded.
This might be the dumbest rough ridin' thing I've ever read in the pit. Good gawd I hope you're trolling.
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on September 03, 2014, 07:55:00 PM
hmm, I suppose you could synthesize water. Theoretically.
And I know people are already experimenting with growing plants vertically for agriculture. I saw pictures from the Tulare Farm show of a company that devised a way to quickly grow grass for cattle consumption in some sort of vertical orientation. I wish I could find it.
So maybe the land thing won't even be a limit?
i don't even know how to respond to this. most plants grow vertically.
Working with raw hydrogen and oxygen seems like a vertical endeavor as well. These people are so rough ridin' stupid it's hard to fathom.
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on September 03, 2014, 07:59:47 PM
Post by: michigancat on September 03, 2014, 08:06:50 PM
Welcome to fantasy land, population Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).
THE WORD
:D
Post by: Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) on September 03, 2014, 08:12:25 PM
Welcome to fantasy land, population Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).
THE WORD
:D
IN THE YEAR 2514, natural resources will be free because robots will farm endless land (which of course includes water).
Also, nobody will need shoes because people will walk on their hands, and video games will be powered by lava.
Post by: steve dave on November 24, 2021, 08:08:17 AM
Post by: wetwillie on November 24, 2021, 08:26:23 AM
Post by: Dugout DickStone on November 24, 2021, 02:11:33 PM
Post by: I_have_purplewood on December 03, 2021, 09:20:15 AM
Post by: Cire on December 12, 2021, 09:00:11 PM
https://www.reuters.com/business/meat-packers-profit-margins-jumped-300-during-pandemic-white-house-economics-2021-12-10/
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Post by: steve dave on October 04, 2024, 11:54:55 AM
https://x.com/LisPower1/status/1842219450373693838
Dax, haven't seen any updates on those revisions you always talk about? How come? LMAOOOOOOOOOOOOOOO!!!!
https://x.com/Markzandi/status/1840488882405614037
https://x.com/DanielBZhao/status/1839284967194415170
Post by: Dugout DickStone on October 04, 2024, 11:57:54 AM
Post by: sonofdaxjones on October 04, 2024, 11:59:26 AM
The BLS recently wiped away nearly 1 million jobs that they had previously claimed to have been created in the previous 12 months.
We should also give a shout out for the massive recent increase in government hiring :thumbsup:
All time record Federal spending and government hiring/highly government subsidized hiring is the backbone of this "economy".
Also, dual job holders are still skyrocketing (because of inflation), albeit as of now, part time job holders (which was previously skyrocketing) has backed off a smidge.
Post by: steve dave on October 04, 2024, 12:01:57 PM
Post by: sonofdaxjones on October 04, 2024, 12:03:36 PM
dax, I'm sorry the economy is kicking so much ass. I assure you it'll eventually stop and you can quit being so fuckin' red assed about it.
Steve, I am sorry you get super pissed off when you are reminded that the BLS absolutely cooked the books from 2023 into 2024 beyond all recognition.
I am also sorry, that you have no tolerance for looking beyond the headlines. I thought you were a little more intelligent than that. :frown:
BTW . . . per the St. Louis Fed guy, it's going to take the Fed 5 years or more to pay back on the IOU's they're tossing to The Treasury.
Post by: steve dave on October 04, 2024, 02:05:55 PM
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Post by: Dugout DickStone on October 04, 2024, 02:27:28 PM
Post by: DaBigTrain on October 04, 2024, 02:28:11 PM
Post by: sonofdaxjones on October 04, 2024, 02:34:42 PM
We have been running between 1.8 and 2 million unemployment claims a week for months.
"Creating Jobs" in what sectors, full time or part time?
Weekly work hours still indicate a strident and prolific part time workforce
edit: Multiple job holders set all time record :thumbsup:
Economy is so great, 9 million people need 2 jobs :thumbsup:
Post by: Dugout DickStone on October 04, 2024, 03:29:17 PM
Post by: star seed 7 on October 04, 2024, 03:30:56 PM
Post by: passranch on October 04, 2024, 04:01:32 PM
Dang, 9 million is not very many people
To put it into some perspective, there are over 18 million college students in the US. Many of them work, and often work multiple jobs.
Post by: sonofdaxjones on October 04, 2024, 04:09:27 PM
Temp election staff?
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Post by: sonofdaxjones on October 04, 2024, 04:14:17 PM
When I paid attention to Limbaugh years and years ago he regularly spoke about the need for a government safety net for times of need and then extricating yourself off the safety net.
Maybe he changed his tune on that over time, but I’ll have to defer to the StalkerBot2000 aka All Limbaugh all the time - right up until the end
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Post by: steve dave on October 04, 2024, 04:14:57 PM
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Post by: sonofdaxjones on October 04, 2024, 04:17:33 PM
Who still weirdly melts down even when the government admits they cooked the books.
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Post by: LickNeckey on October 04, 2024, 04:24:40 PM
grats fellas
Post by: steve dave on October 04, 2024, 04:27:20 PM
kicking ass - the new normalWe are living in blessed times and we better appreciate it because it won’t last forever. Feels very good.
grats fellas
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Post by: sonofdaxjones on October 04, 2024, 04:27:43 PM
Insert Nancy Pelosi talking about mismanagement when the annual Federal Deficit was 1/10 what it is running now.
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Post by: Stupid Fitz on October 04, 2024, 04:29:45 PM
kicking ass - the new normalWe are living in blessed times and we better appreciate it because it won’t last forever. Feels very good.
grats fellas
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would be weird to not just sit back and enjoy the ride. even more weirder to spend a bunch of time trying to poke holes in the impenetrable armor that is the US economy.
Post by: sonofdaxjones on October 04, 2024, 04:31:06 PM
SteveDave got something right for once.
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Post by: steve dave on October 04, 2024, 04:37:09 PM
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Post by: sonofdaxjones on October 04, 2024, 04:39:45 PM
LOL FFS dude
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Post by: sonofdaxjones on October 04, 2024, 04:47:31 PM
My gawd-it’s Eeyore incarnatekicking ass - the new normalWe are living in blessed times and we better appreciate it because it won’t last forever. Feels very good.
grats fellas
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Post by: star seed 7 on October 04, 2024, 04:51:51 PM
Post by: sonofdaxjones on October 04, 2024, 05:52:03 PM
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Post by: Dugout DickStone on October 04, 2024, 06:41:50 PM
Post by: sonofdaxjones on October 04, 2024, 08:11:22 PM
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Post by: steve dave on October 06, 2024, 10:13:31 AM
https://x.com/justinwolfers/status/1842904388513173866?s=46
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Post by: sonofdaxjones on October 06, 2024, 11:03:33 AM
There’s no doubt the majority of “growth” is in part time jobs.
Reminding all viewers of this blog that several months back the BLS wiped out almost an entire year of job “growth” with a mouse click
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Post by: Dugout DickStone on October 06, 2024, 11:20:19 AM
Post by: sonofdaxjones on October 06, 2024, 11:26:08 AM
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Post by: star seed 7 on October 06, 2024, 11:43:09 AM
Post by: Trim on October 06, 2024, 11:47:09 AM
Post by: DaBigTrain on October 06, 2024, 11:47:14 AM
Post by: sonofdaxjones on October 06, 2024, 12:52:02 PM
(https://pbs.twimg.com/media/GZEjd4cXoAAKYog?format=png&name=small)
Also . . .
In #blueanon world, it's like this never happened a few months later.
The Bureau of Labor Statistics announced a preliminary downward revision of 818,000 jobs for 2024 on August 21, 2024. BLS published the draft results of its annual benchmarking exercise, which stated that employment gains were previously overstated by 818,000 through March of 2024.
This preliminary revision, should it hold up to the final revision announcement in February 2025, means that the estimates for job gains between March 2023 and March 2024 will be lowered, as will all the months since then for which BLS published employment numbers.
This is the biggest revision since 2009
Post by: steve dave on October 11, 2024, 05:03:23 PM
Post by: sys on October 11, 2024, 11:25:58 PM
Post by: Pete on October 12, 2024, 08:46:29 AM
harris + republican senate is the only hope.That’s actually not a terrible combo, I agree.
Post by: sonofdaxjones on October 22, 2024, 11:10:58 AM
https://twitter.com/amuse/status/1848474402008273001
Post by: star seed 7 on October 22, 2024, 11:41:30 AM
Post by: steve dave on October 22, 2024, 11:46:31 AM
Post by: sonofdaxjones on October 22, 2024, 11:47:50 AM
What changed? (you won't answer)
Post by: sonofdaxjones on October 22, 2024, 11:48:42 AM
(and I know he's already looked at the post and only showed back up because he's emboldened by stalkerbot2000 :lol: :lol: )
Post by: DaBigTrain on October 22, 2024, 11:51:56 AM
Post by: sonofdaxjones on October 22, 2024, 11:54:25 AM
Post by: steve dave on October 24, 2024, 12:53:47 AM
https://x.com/rbmyerson/status/1849121614174314691?s=46
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Post by: passranch on October 24, 2024, 03:57:16 PM
Post by: CNS on October 24, 2024, 04:03:20 PM
Post by: LickNeckey on October 31, 2024, 11:44:10 AM
:emawkid:
some are saying!!!
:love:
grats boys
Post by: steve dave on October 31, 2024, 12:25:02 PM
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Post by: sonofdaxjones on October 31, 2024, 02:49:32 PM
Paul once said that that the Internet wasn't really going to be that big of a deal. You can literally (at minimum) set your annual calendar based on which party holds the White House to determine when Paul is going to declare massive Federal borrowing as no big deal, and when he's going to declare it as dangerous and reckless. The same for inflation. Paul's hyper-partisan proclamations and predictions are the Jim Cramer'isms of #blueanon most favored media commentary.
Remember #blueanon fully controls academia . . . and thus #blueanon continually declares themselves to be the "experts" . . . and will continually gaslight the every living eff out of you when they're repeatedly (and with great velocity these days) shown to be wrong. :thumbsup:
Post by: Dugout DickStone on November 01, 2024, 09:08:37 AM
NO LANDING
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:eek:
Post by: steve dave on November 01, 2024, 11:09:39 AM
Post by: sonofdaxjones on November 01, 2024, 11:29:40 PM
(https://uploads.tapatalk-cdn.com/20241102/89828b2468812b86b593178ef0e0807b.jpg)
Thank the lawd for that $500 billion in borrowed money in 1 one month I suppose.
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Post by: steve dave on November 01, 2024, 11:35:53 PM
Post by: sonofdaxjones on November 01, 2024, 11:40:17 PM
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Post by: sonofdaxjones on November 01, 2024, 11:42:25 PM
#frown
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Post by: steve dave on November 01, 2024, 11:43:56 PM
Post by: sonofdaxjones on November 01, 2024, 11:47:25 PM
The audience is reminded that the Fed now admits that it will take them up to 6 years to repay the taxpayers for the Feds losses and make up for the Feds legally mandated obligations to the US treasury.
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Post by: steve dave on November 01, 2024, 11:51:05 PM
(https://pbs.twimg.com/media/GbI3goCW4AAFbk4?format=png&name=900x900)
Post by: sonofdaxjones on November 01, 2024, 11:53:43 PM
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Post by: sonofdaxjones on November 02, 2024, 12:00:51 AM
household income.
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Post by: steve dave on November 02, 2024, 12:05:21 AM
https://x.com/JustinWolfers/status/1844361884553838882
Low income households have had tremendous gains
(https://awealthofcommonsense.com/wp-content/uploads/2024/10/8-2.png)
Poverty rate
(https://awealthofcommonsense.com/wp-content/uploads/2024/10/9-2.png)
USA balance sheets
(https://awealthofcommonsense.com/wp-content/uploads/2024/10/10-2.png)
Post by: sonofdaxjones on November 02, 2024, 12:08:35 AM
Job “growth” is entirely bolstered by government and government subsidized hiring.
The native born vs foreign born job numbers are not befitting this family environment
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Post by: steve dave on November 02, 2024, 12:11:36 AM
(https://home.treasury.gov/system/files/136/real-gdp-growth-10262023.png)
Post by: sonofdaxjones on November 02, 2024, 12:11:42 AM
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Post by: steve dave on November 02, 2024, 12:13:33 AM
https://x.com/JustinWolfers/status/1852338415225749813
Post by: sonofdaxjones on November 02, 2024, 12:14:05 AM
it sucks to bet against the USA daxOnly a desperate person thinks I’m betting against the US. A person ignoring all time record government spending and all time record non war time government hiring says those things.
(https://home.treasury.gov/system/files/136/real-gdp-growth-10262023.png)
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Post by: star seed 7 on November 02, 2024, 12:14:40 AM
Post by: steve dave on November 02, 2024, 12:15:46 AM
https://www.wsj.com/economy/the-next-president-inherits-a-remarkable-economy-7be2d059
Post by: sonofdaxjones on November 02, 2024, 12:15:55 AM
be miserable bitch, you can be there aloneThis is just sad and I fear for KSU College of Business accreditation.
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Fxhttps%3A%2F%2Fpbs.twimg.com%2Fmedia%2FGbTT78zW8AEp6LC%3Fformat%3Djpg%26amp%3Bname%3Dlarge&hash=18a088738e98e8449be7046e34cf0c710252d1cf)
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Post by: sonofdaxjones on November 02, 2024, 12:16:48 AM
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Post by: steve dave on November 02, 2024, 12:19:04 AM
https://x.com/awealthofcs/status/1852382165654184168
Post by: sonofdaxjones on November 02, 2024, 12:19:53 AM
Fewer people funding all time record government deficit spending is . . . scary
Is this where we remind the audience that interest on the debt is at all time record high vs DOT tax receipts?
That’s INTEREST for those keeping score at home
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Post by: steve dave on November 02, 2024, 12:21:35 AM
Inflation rate 2.4%
10 year treasury rate 4.3%
Real GDP growth 2.8%
we are in a blessed spot, and you decide to be a miserable MAGA about it dax. maybe consider what your life is like.
Post by: sonofdaxjones on November 02, 2024, 12:22:40 AM
At least no one with a brain
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Post by: steve dave on November 02, 2024, 12:25:58 AM
(https://pbs.twimg.com/media/Gak28KwX0AApkNz?format=png&name=small)
Post by: steve dave on November 02, 2024, 12:29:26 AM
(https://awealthofcommonsense.com/wp-content/uploads/2024/10/11-4.png)
Post by: sonofdaxjones on November 02, 2024, 12:32:30 AM
(https://uploads.tapatalk-cdn.com/20241102/ea59e21be5b67daf854c3fb1268224bb.jpg)
A reminder to the audience that Steve trying to wrap himself up in the flag as a means of defense is similar to the #blueanon loved Cheney’s sending thousands of Americans off to die with people applauding
Only simp brains believe that the numbers are “good” relative to normed economic “standards”. If the world wants to absorb the insanity of $36 trillion in debt and counting, then so be it. No one is saying it can’t be done, especially me . . .
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Post by: steve dave on November 02, 2024, 12:32:55 AM
(https://awealthofcommonsense.com/wp-content/uploads/2024/10/13-5.png)
Post by: sonofdaxjones on November 02, 2024, 12:35:38 AM
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Post by: steve dave on November 02, 2024, 12:37:08 AM
(https://pbs.twimg.com/media/GawCpuIa0AA0n88?format=png&name=900x900)
Post by: steve dave on November 02, 2024, 12:38:46 AM
https://x.com/DanGreenhaus/status/1849799963301069011
Post by: sonofdaxjones on November 02, 2024, 12:40:55 AM
Drive #uber people!!
#learnhowtocode
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Post by: sonofdaxjones on November 02, 2024, 12:42:06 AM
Could this MF be cooking even more than we thought? good lord if soLMAO.
https://x.com/DanGreenhaus/status/1849799963301069011
As our government continues to now openly admit they’re cooking everything from jobs to crime.
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Post by: steve dave on November 02, 2024, 12:42:31 AM
(https://pbs.twimg.com/media/GaG32ppXQAEdHq5?format=jpg&name=medium)
Post by: steve dave on November 02, 2024, 12:44:56 AM
(https://pbs.twimg.com/media/GZ8PaI7XcAAIijX?format=jpg&name=large)
Post by: sonofdaxjones on November 02, 2024, 12:44:59 AM
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Post by: steve dave on November 02, 2024, 12:46:56 AM
(https://pbs.twimg.com/media/GZfB7q7WgAAGSfc?format=jpg&name=large)
Post by: sonofdaxjones on November 02, 2024, 12:47:01 AM
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Post by: sonofdaxjones on November 02, 2024, 12:48:00 AM
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Post by: sonofdaxjones on November 02, 2024, 12:50:42 AM
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Post by: steve dave on November 02, 2024, 12:51:13 AM
(https://pbs.twimg.com/media/GZh6fmnW8Agx62_?format=png&name=4096x4096)
Post by: sonofdaxjones on November 02, 2024, 12:56:37 AM
LMAO
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Post by: steve dave on November 02, 2024, 12:59:34 AM
Post by: steve dave on November 02, 2024, 01:05:01 AM
Post by: steve dave on November 02, 2024, 01:06:29 AM
Post by: steve dave on November 02, 2024, 01:08:59 AM
Post by: steve dave on November 02, 2024, 01:16:57 AM
(https://i.imgflip.com/98pv49.jpg)
Post by: sonofdaxjones on November 02, 2024, 01:24:15 AM
because literally every human being I know on this planet is in a better position today than they were a few years ago financially and it.would be pretty tough to moronically swim upstream of this economy. did you do it? :sdeek:
There's little doubt that cracker America which includes uber Suburban Cracker Omaha feels like they're doing well. FTR-I live in Cracker Town USA myself aka OPKS. Albeit, unlike far flung country road suburban Omaha, my part of OPKS is increasingly diversified.
That said the audience is reminded that increases in consumer spending are almost wholly derivative of inflation, and very much includes the items that the Federal Government unilaterally excludes from CPI et. al.
As an additional note: Not a single sane person in Cracker Town USA in pre-Pandemic Don Trump America thought they were doing poorly, quite the opposite in fact. That is, if they were being non hyper-partiisan true to themselves.
The 10,000 point plus run up of the DJI in less than a year in the latter stages Don Trump America/Post Covid #blueanon fascist insanity America is noted and hereby recorded.
Post by: steve dave on November 02, 2024, 01:30:01 AM
Post by: sonofdaxjones on November 02, 2024, 01:33:30 AM
You just can't bring yourself to admit that nearly, if not all of the "good" numbers being recorded by the current economy are exclusively beholden to all time record government spending and highly government subsidized hiring and/or wholly derivative of numbers that have been cooked beyond all recognition by a Federal wonkdom who is terrified by Don Trump. It was so bad, they just had to openly admit it on multiple fronts.
d
Post by: steve dave on November 02, 2024, 01:34:07 AM
Post by: sonofdaxjones on November 02, 2024, 01:35:07 AM
Post by: sonofdaxjones on November 02, 2024, 01:47:37 AM
If #blueanon wants to drive the the personal self perceived misery index or driving the feeling of "I better go see that and experience that before all hell breaks lose after multiple #blueanon strongholds erupt in flames because they aren't getting their way and they can't manage their own" . . . I am all for it. :thumbsup:
Post by: star seed 7 on November 02, 2024, 01:54:34 AM
Post by: sonofdaxjones on November 02, 2024, 01:58:36 AM
:lol:
Describing where you live and the demographic make up of where you live is complaining about it . . . StalkerBot2000
WTF moments with #stalkerbot2000: Part 7,109
Post by: michigancat on November 02, 2024, 05:15:48 AM
Post by: Spracne on November 02, 2024, 05:45:15 AM
Post by: CNS on November 02, 2024, 08:08:07 AM
Post by: sonofdaxjones on November 02, 2024, 08:18:05 AM
Unilaterally declared good times at the point of a treasury printing press
and massive personal debt Sent from my iPhone using Tapatalk
Post by: sonofdaxjones on November 02, 2024, 08:22:38 AM
https://twitter.com/atlantafed/status/1852090291349606640?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: steve dave on November 02, 2024, 08:24:57 AM
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Post by: sonofdaxjones on November 02, 2024, 08:29:04 AM
T&P’s to you brave souls
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Post by: CNS on November 02, 2024, 08:29:50 AM
Post by: sonofdaxjones on November 02, 2024, 08:31:31 AM
These are the life and times of SteveDave
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Post by: sonofdaxjones on November 02, 2024, 08:32:44 AM
Dax, no one in here believes Harris had any policy power at all the last 4 yrs. I mean, by all means keep fronting the last 4 yrs as hers out and about in the rest of your world, but you can give that up in here. It must be exhausting to have to constantly carry on with that. Let your hair down. We’re all bros here.You can’t have a candidate out there claiming she wouldn’t change a thing when ask point blank and then say this, CNS
LOL
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Post by: sonofdaxjones on November 02, 2024, 09:15:35 AM
It kind of puts a guy all up the #neverforget feels of the twin towers
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Post by: louie on November 02, 2024, 10:11:24 AM
dax, are you saying the economy is not cooking brother? because lmao (at you, if so)
The economy cooking so good, the national debt increases 1 trillion every hundred days.
Lmao
Post by: wetwillie on November 02, 2024, 10:15:39 AM
Post by: Pete on November 02, 2024, 10:18:14 AM
What is your preferred method for reducing or removing the deficit?dax, are you saying the economy is not cooking brother? because lmao (at you, if so)
The economy cooking so good, the national debt increases 1 trillion every hundred days.
Lmao
Post by: wetwillie on November 02, 2024, 10:22:30 AM
1. Sell California to Mexico
2. Tariffs
3. Something about NATO paying fair share
Post by: BIG APPLE CAT on November 02, 2024, 11:02:40 AM
Post by: louie on November 02, 2024, 11:04:04 AM
What is your preferred method for reducing or removing the deficit?dax, are you saying the economy is not cooking brother? because lmao (at you, if so)
The economy cooking so good, the national debt increases 1 trillion every hundred days.
Lmao
What to worry? You just got approved for another 500 dollar credit card at 25%
You got money. Take your friends out for a night on the town with your new found wealth.
Post by: Pete on November 02, 2024, 11:16:42 AM
Post by: Trim on November 02, 2024, 11:27:38 AM
Post by: steve dave on November 02, 2024, 11:45:31 AM
Every nickel I have in my retirement savings is in the S&P 500. My gamble is on America and America’s largest corporations continuing their dominance. Call me a bleeding heart liberal someone who makes me uncomfortable if you want I guess.
Josh Brown refers to it as "Optimism as a Default Setting" and I am set to that default setting. Has felt so good dunking on bears for my entire life.
Post by: wetwillie on November 02, 2024, 11:49:42 AM
Post by: Justwin on November 02, 2024, 12:30:10 PM
Steve you can throw your Kstate bachelors in economics around all you want . . . That doesn’t change the fact that the BLS openly admitted they cooked the jobs numbers by hundreds of thousands and that doesn’t change the fact that the economy is being driven by all time record Federal borrowing and highly government subsidized industries.
The audience is reminded that the Fed now admits that it will take them up to 6 years to repay the taxpayers for the Feds losses and make up for the Feds legally mandated obligations to the US treasury.
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What are the Fed's legally mandated obligations to the US Treasury?
Post by: Dugout DickStone on November 02, 2024, 07:04:47 PM
Dax where are you putting your money right now too keep it safe from the ticking time bomb that is This Economy? Because holy crap every penny I have invested…401ks, ETFs, you name it…are all basically just doubling every 6 months and I (a brain haver) want out, I just need to know where to go?
Gold and trumpy bass
Post by: Pete on November 02, 2024, 09:28:25 PM
Not even mixing in a little mid cap action?Nah, not at my age. It’s the Goldilocks amount of risk and return.
My heart goes out to Lina Kahn in trying to be a trust buster, but that is a tough row to hoe right now. The biggest companies are going to continue to automate and innovate at a higher rate in the future, especially with the money to invest in A.I. They will be tough to control if they are raking in cash and their stock price is keeping investors happy. In tech especially, they can just gobble up little potential disrupters before a new competitor can emerge.
Post by: sonofdaxjones on November 02, 2024, 10:23:57 PM
Also here to meltdown about every perceived slight of Harris-Biden #chefskiss
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Post by: sonofdaxjones on November 02, 2024, 10:56:12 PM
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Post by: steve dave on November 02, 2024, 11:03:10 PM
Post by: steve dave on November 02, 2024, 11:06:47 PM
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Post by: steve dave on November 02, 2024, 11:12:12 PM
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Post by: sonofdaxjones on November 02, 2024, 11:19:54 PM
In other news the Oracle of Omaha sits on all time record levels of cash and is/or has liquidated stocks at close to, if not at all time record rates for BH.
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Post by: sonofdaxjones on November 02, 2024, 11:37:51 PM
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Post by: steve dave on November 03, 2024, 12:09:21 AM
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Post by: steve dave on November 03, 2024, 01:07:10 AM
Pete, you are very smartNot even mixing in a little mid cap action?Nah, not at my age. It’s the Goldilocks amount of risk and return.
My heart goes out to Lina Kahn in trying to be a trust buster, but that is a tough row to hoe right now. The biggest companies are going to continue to automate and innovate at a higher rate in the future, especially with the money to invest in A.I. They will be tough to control if they are raking in cash and their stock price is keeping investors happy. In tech especially, they can just gobble up little potential disrupters before a new competitor can emerge.
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Post by: steve dave on November 03, 2024, 01:15:38 AM
Steve you can throw your Kstate bachelors in economics around all you want .
Also missed this until now. Are you telling me my BS in economics with a 2.1 gpa is meaningless!?
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Post by: steve dave on November 03, 2024, 01:19:12 AM
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Post by: steve dave on November 03, 2024, 01:25:16 AM
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Post by: sonofdaxjones on November 03, 2024, 08:49:58 AM
Viewers of this blog are now reminded of two things:
1. If you talk about what is going on in the macro world that in no way-shape or form is a discussion about your personal situation. Some people are confused by this.
2. More than one thing can be true at the same time. For example, the economy is doing relatively well when you look at the here and now numbers - this is a truth. It is also true that (for example) the United States government has injected $8 trillion in borrowed money into the economy over the last 4 years, and that's on top of what they were able to cover in their multi-multi trillion dollar annual budget with actual tax receipts (tax receipts now getting devoured by interest on the debt). In raw dollars that $8 trillion in borrowed money has outstripped the dollars in GDP "gowth". The return on that $8 trillion absolutely blows every level of ass. :frown:
Post by: Trim on November 03, 2024, 10:51:02 AM
Is posting to “the audience” our “dear diary”?
This too:
Quote
Viewers of this blog
Post by: sonofdaxjones on November 08, 2024, 08:53:58 PM
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Post by: steve dave on November 08, 2024, 08:55:04 PM
Post by: sonofdaxjones on November 08, 2024, 08:59:54 PM
They’ve also run down Fed holdings by $1 trillion in 4 years.
Your “it doesn’t matter” shtick is tired and no amount of #blueanongE mansplaining is going to change reality.
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Post by: sonofdaxjones on November 08, 2024, 09:02:45 PM
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Post by: steve dave on November 08, 2024, 09:09:32 PM
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Post by: sonofdaxjones on November 08, 2024, 09:18:57 PM
Also sad to see that apparently Jerome holds monarch status.
Leader for life 🫤
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Post by: sonofdaxjones on November 08, 2024, 09:28:34 PM
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Post by: Rage Against the McKee on November 09, 2024, 12:44:02 AM
Post by: Justwin on November 09, 2024, 05:21:29 PM
https://twitter.com/realejantoni/status/1854924652088344685?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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That absolutely is the worst thing about Fed having a deferred asset in terms of remittances to the Treasury.
Post by: Justwin on November 09, 2024, 05:26:08 PM
Do you think this is a problem for the Fed and the economy or a problem for the federal government in terms of budgeting?
Post by: I_have_purplewood on November 09, 2024, 10:04:12 PM
Can you please specifically explain why you think the Fed having a deferred asset for remittances to the Treasury is a problem?
Do you think this is a problem for the Fed and the economy or a problem for the federal government in terms of budgeting?
There are too many tariff guru's on this site to tackle this one. I never knew so many people knew the consequences of tariffs.
Post by: john "teach me how to" dougie on November 09, 2024, 10:32:07 PM
Can you please specifically explain why you think the Fed having a deferred asset for remittances to the Treasury is a problem?
Do you think this is a problem for the Fed and the economy or a problem for the federal government in terms of budgeting?
There are too many tariff guru's on this site to tackle this one. I never knew so many people knew the consequences of tariffs.
Trumps first round of tariiffs on China resulted in COVID, and we all know what that did to the economy. :th_twocents:
Post by: sonofdaxjones on November 10, 2024, 08:24:01 AM
In the near term (which is now being calculated in half decades) the US Treasury cannot count on cash coming from The Fed . . . so who has to cover for that? You can attempt to normalize "deferred asset" all you want, but that concept still smells of the extra special sauce accounting that our government grants itself.
Post by: Spracne on November 10, 2024, 10:27:57 AM
Post by: steve dave on November 10, 2024, 10:52:45 AM
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Post by: OB_Won on November 10, 2024, 11:01:47 AM
This is getting to be like Groundhog Day. I am having flashbacks to the discussion about Bill Clinton "balancing the budget" and the cognitive dissonance of some who couldn't understand that intra governmental borrowing . . . was still borrowing. So (for example) throwing a bunch of IOU's into the Social Security "lock box" was still borrowing money to cover the costs of running the government.Would it make sense to have everybody, as well as corporations actually pay taxes? Or should we just cut social security, medicare, WIC, etc? Seems to smell of extra special sauce to promise a drastic cutting of the deficit at the same time as lowering taxes, removing financial regulations, and slashing the IRS.
In the near term (which is now being calculated in half decades) the US Treasury cannot count on cash coming from The Fed . . . so who has to cover for that? You can attempt to normalize "deferred asset" all you want, but that concept still smells of the extra special sauce accounting that our government grants itself.
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Post by: sonofdaxjones on November 10, 2024, 11:05:36 AM
See also post 2012 election Vox article posted elsewhere for further color on the smug component.
#blueanon: An echo chamber for the ages
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Post by: Spracne on November 10, 2024, 11:19:05 AM
https://x.com/josephpolitano/status/1855650232496714131?s=46
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Is this a common belief? And also, why?
Post by: Rage Against the McKee on November 10, 2024, 12:19:05 PM
https://x.com/josephpolitano/status/1855650232496714131?s=46
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Is this a common belief? And also, why?
Most people's problems are through no fault of their own.
Post by: sonofdaxjones on November 10, 2024, 05:13:54 PM
Not ending, not radically changing, not firing the chairman. . . an audit
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Post by: steve dave on November 10, 2024, 05:55:42 PM
It’s fascinating to watch the meltdowns when people call for an audit of The FedNobody even knows what you’re shaking your fist at Dax
Not ending, not radically changing, not firing the chairman. . . an audit
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Post by: sonofdaxjones on November 10, 2024, 06:53:47 PM
https://www.wsj.com/articles/senate-defeats-audit-the-fed-bill-1452630386
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Post by: steve dave on November 10, 2024, 06:57:38 PM
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Post by: sonofdaxjones on November 10, 2024, 07:00:35 PM
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Post by: steve dave on November 10, 2024, 07:03:14 PM
Always touting those credentials, SteveCredentials, lmao. What credentials are those brother? Listening to podcasts and reading FT should be on my LinkedIn page irl.
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Post by: sonofdaxjones on November 11, 2024, 11:32:54 AM
Post by: sonofdaxjones on November 12, 2024, 10:45:50 AM
Post by: Kat Kid on November 12, 2024, 11:47:31 AM
https://twitter.com/DowdEdward/status/1856166118508904560
what is this according to? this guy's opinion? I was expecting at least a dramatic chart.
Post by: sonofdaxjones on November 12, 2024, 12:15:18 PM
Post by: star seed 7 on November 12, 2024, 12:20:49 PM
Post by: hjfklmor on November 12, 2024, 12:36:20 PM
https://twitter.com/DowdEdward/status/1856166118508904560
what is this according to? this guy's opinion? I was expecting at least a dramatic chart.
I'm going to go out on a limb and say that Mr. Dowd has not read the staff report in question beyond the abstract, if that. Judging from his other tweets, he seems level-headed and not reactionary at all.
Post by: sonofdaxjones on November 12, 2024, 12:39:48 PM
Post by: star seed 7 on November 12, 2024, 12:46:12 PM
https://twitter.com/DowdEdward/status/1856166118508904560
what is this according to? this guy's opinion? I was expecting at least a dramatic chart.
I'm going to go out on a limb and say that Mr. Dowd has not read the staff report in question beyond the abstract, if that. Judging from his other tweets, he seems level-headed and not reactionary at all.
Lol his most recent tweet is about him being on the Alex Jones show
Post by: sonofdaxjones on November 12, 2024, 12:48:23 PM
1000% onbrand
Post by: hjfklmor on November 12, 2024, 12:48:54 PM
Who holds the majority of commercial real estate debt in these United States?
Banks. It's in the staff report.
Post by: sonofdaxjones on November 12, 2024, 12:49:43 PM
. . . which kind of banks?Who holds the majority of commercial real estate debt in these United States?
Banks. It's in the staff report.
Post by: hjfklmor on November 12, 2024, 12:56:06 PM
. . . which kind of banks?Who holds the majority of commercial real estate debt in these United States?
Banks. It's in the staff report.
What are you fishing for here? The point of the research paper is that lower capitalized banks are more likely to utilize the strategy of "extend and pretend" to keep their balance sheets well capitalized as compared to banks that are better positioned, which can lead to less new lending and a potential problem if these distressed loans do not improve after consistent use of such strategy. It is not some doom saying prophecy that the commercial banking system is about to fail. It is one of many research papers published by Fed staff to be used in financial publications nationwide.
The paper has a chart that breaks down commercial debt by holder. This person is using a random research paper by Fed staff to drum up engagement and get himself an appearance on Newsmax or, apparently, the Alex Jones show. Extend and pretend has been used many times historically, including in 2008 (where it worked to great success). The Federal Reserve is not going to "hide" this problem through a staff report done by themselves.
Post by: sonofdaxjones on November 12, 2024, 01:04:09 PM
They hold approximately 70% of the commercial real estate paper
Post by: hjfklmor on November 12, 2024, 01:09:31 PM
Post by: sonofdaxjones on November 12, 2024, 01:22:50 PM
That is both not true, according to literally the research paper we are discussing.. and who the eff cares? You're ridiculous.
As of a few months ago, Morgan Stanley research showed that regional banks hold 70% (or more) of the $2 trillion plus in CRE loans maturing by 2025.
SVB (for example) failing came straight out of the blue.
A worst case scenario stress test early this year showed up to $570 billion in CRE losses.
Not to mention tumbling valuations of CRE
There's still a raging debate on the health of regional banks,
Post by: hjfklmor on November 12, 2024, 01:35:09 PM
That is both not true, according to literally the research paper we are discussing.. and who the eff cares? You're ridiculous.
As of a few months ago, Morgan Stanley research showed that regional banks hold 70% (or more) of the $2 trillion plus in CRE loans maturing by 2025.
SVB (for example) failing came straight out of the blue.
A worst case scenario stress test early this year showed up to $570 billion in CRE losses.
Not to mention tumbling valuations of CRE
There's still a raging debate on the health of regional banks,
70% of CRE debt maturing by 2025 is not 70% of all CRE debt, I'm not entirely sure you understand why SVB failed, a worst case stress test is of course going to show bad outcomes, and I don't understand your obsession with regional banks over national banks or community banks but okay. You win. Sky's falling.
Post by: sonofdaxjones on November 12, 2024, 01:39:17 PM
My "obsession" with regional banks doesn't exist. With that said what happens when regional banks fail . . . bank consolidation ensues, is that a good thing?
I absolutely know how SVB failed, I did not discuss specifics beyond the fact that it came out of the blue.
I don't get why guys get so pissed off (but it's hilarious) when we start peeling off the paper from this economy and the risks that lie ahead.
Post by: Cire on November 12, 2024, 01:49:27 PM
Expect bailout
Post by: sonofdaxjones on November 13, 2024, 06:21:52 PM
The 2nd highest debt blowout 1st month of a new FFY on record, only behind Harris-Biden's first Oct new FFY in 2020.
FYI these types of posts will continue after Trump is sworn in.
I just look forward to the Krugman Reverse . . . debt and deficit spending will be bad starting mid Jan 2025
Post by: wetwillie on November 13, 2024, 06:23:22 PM
Post by: Pete on November 13, 2024, 07:39:53 PM
Post by: michigancat on November 13, 2024, 07:50:01 PM
At least the jobs report will be real again
Well, if it continues to be positive
Post by: wetwillie on November 13, 2024, 08:17:25 PM
Post by: john "teach me how to" dougie on November 13, 2024, 10:12:57 PM
Post by: Tobias on November 13, 2024, 10:16:46 PM
Post by: sonofdaxjones on November 13, 2024, 10:16:58 PM
The jobs report will be crap without the 43,000 new government jobs per month.
Better stop, talking about the massive government hiring and government subsidized hiring gets the #blueanongE'rs really pissed off.
Oh and T&P's if you bring up the 875K "new" jobs that got erased with a click of a mouse. You've been warned.
Post by: steve dave on November 14, 2024, 12:22:56 AM
:frown:yeah
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Post by: Spracne on November 14, 2024, 12:23:57 AM
:frown:yeah
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Hope everything's alright with the daves.
Post by: Pete on November 14, 2024, 06:50:19 AM
Institutional investors drive Wall Street, not individual investors. Given that, is it your belief that institutional investors are easily duped by alleged inaccurate jobs reports or other allegedly doctored economic reports?The jobs report will be crap without the 43,000 new government jobs per month.
Better stop, talking about the massive government hiring and government subsidized hiring gets the #blueanongE'rs really pissed off.
Oh and T&P's if you bring up the 875K "new" jobs that got erased with a click of a mouse. You've been warned.
Post by: sonofdaxjones on November 14, 2024, 07:12:44 AM
What we are talking about has absolutely nothing to do with what anyone engaged in the functions of Wall Street is thinking or interpreting.Institutional investors drive Wall Street, not individual investors. Given that, is it your belief that institutional investors are easily duped by alleged inaccurate jobs reports or other allegedly doctored economic reports?The jobs report will be crap without the 43,000 new government jobs per month.
Better stop, talking about the massive government hiring and government subsidized hiring gets the #blueanongE'rs really pissed off.
Oh and T&P's if you bring up the 875K "new" jobs that got erased with a click of a mouse. You've been warned.
Everything to do with flat out frying the job numbers into oblivion to garner political favor.
In other news they’re potentially setting up a crap storm for the next administration.
https://twitter.com/realejantoni/status/1856839200177344619?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: michigancat on November 14, 2024, 07:19:45 AM
Why do you take issue with government jobs being included in jobs reports?
Post by: sonofdaxjones on November 14, 2024, 07:50:47 AM
Dax, why do you think we should care about jobs reports?I don’t take issue with government jobs being included. The issue is that until someone does the digging they’re not separated out. In addition why don’t you see the correlation between all time record Federal budget deficits and massive government subsidized hiring?
Why do you take issue with government jobs being included in jobs reports?
The commingling paints a false narrative that private sector hiring is strong. It isn’t. Full time vs part time is a blood bath.
This is about attempting to garner political points on the back of bullshit numbers
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Post by: michigancat on November 14, 2024, 08:21:04 AM
Dax, why do you think we should care about jobs reports?I don’t take issue with government jobs being included. The issue is that until someone does the digging they’re not separated out. In addition why don’t you see the correlation between all time record Federal budget deficits and massive government subsidized hiring?
Why do you take issue with government jobs being included in jobs reports?
The commingling paints a false narrative that private sector hiring is strong. It isn’t. Full time vs part time is a blood bath.
a false narrative to whom? Ordinary everyday voters?
Post by: sonofdaxjones on November 14, 2024, 08:45:43 AM
Interpretations, opinions and perceptions vs facts?
Post by: sonofdaxjones on November 14, 2024, 09:53:16 PM
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Post by: steve dave on November 14, 2024, 10:00:30 PM
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Post by: steve dave on November 14, 2024, 10:11:14 PM
Quote
E.J. Antoni, Ph.D.
@RealEJAntoni
Economist for
@Heritage
,
@Comm4Prosperity
,
@VinceCoglianese
,
@Richzeoli
,
@dbongino
, and
@RichValdes
I may be wrong but it’s highly unlikely; VAMO
Post by: Tobias on November 14, 2024, 10:12:53 PM
9] guy
Post by: steve dave on November 14, 2024, 10:13:46 PM
(https://uploads.tapatalk-cdn.com/20241115/22a7b839c246e5f0953d3af7784a1c34.jpg)
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Post by: steve dave on November 14, 2024, 10:15:31 PM
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Post by: steve dave on November 14, 2024, 10:20:02 PM
Post by: steve dave on November 14, 2024, 10:33:41 PM
(https://aneconomicsense.org/wp-content/uploads/2024/10/indices-of-individual-real-wages-by-income-quartile-jan-2015-to-aug-2024-1.png?w=1168&h=890)
Post by: sonofdaxjones on November 14, 2024, 10:38:17 PM
CPI is NOT being discussed on the graph I posted you giant derp :lol: :lol:
Post by: steve dave on November 14, 2024, 10:41:25 PM
CPI is NOT being discussed on the graph I posted you giant derp :lol: :lol:
dax, I know you don't know, but google how CPI is used for the calculation of real wages. get back to me whenever. no rush brother.
Post by: sonofdaxjones on November 14, 2024, 10:42:32 PM
Inflation is murdering real wage growth
Just like part time job growth is absolutely assassinating full time job growth . . . it's beyond throw in the towel at this point. It's a homicide scene
Post by: steve dave on November 14, 2024, 10:42:44 PM
Post by: sonofdaxjones on November 14, 2024, 10:43:47 PM
Post by: sonofdaxjones on November 14, 2024, 10:45:31 PM
Post by: steve dave on November 14, 2024, 10:46:24 PM
If we're going to go to regional Fed data, lets remind the viewers of this blog that the Philly Fed said that Biden's claims of job growth a year were absolute and complete bullshit.
did you figure out how CPI was used or just powering through? lmao
Post by: sonofdaxjones on November 14, 2024, 10:47:54 PM
Real wages are getting murdered.
Steve, walk us through what gets excluded from CPI
Post by: steve dave on November 14, 2024, 10:49:45 PM
I know how it's "used" . . . again, that changes nothing about what I posted.
Real wages are getting murdered.
Steve, walk us through what gets excluded from CPI
dax, that's objectively false re. real wages. you can call a cow a horse because some divorced guy with a goatee on twitter tells you to but it doesn't make it a horse.
Quote
CPI is NOT being discussed on the graph I posted you giant derp :lol: :lol:
Post by: sonofdaxjones on November 14, 2024, 10:52:04 PM
Please let the record show that energy (just one thing) is excluded from CPI, currently 1 in 7 Americans/Families live in energy poverty/debt.
Post by: steve dave on November 14, 2024, 10:55:19 PM
(https://econbrowser.com/wp-content/uploads/2023/12/justinwolfers_12dec23.jpg)
Post by: sonofdaxjones on November 14, 2024, 10:56:05 PM
An artifical adjustment for low wage earners returning to the work force? :lol:
Post by: steve dave on November 14, 2024, 10:57:15 PM
Post by: sonofdaxjones on November 14, 2024, 11:00:34 PM
This always feels like a "we'll know a recession when we see it" level discussion
Post by: steve dave on November 14, 2024, 11:03:25 PM
Do real wages include inflation figures that cover the real economy
yes, idiot
Post by: steve dave on November 14, 2024, 11:06:08 PM
Post by: steve dave on November 14, 2024, 11:06:55 PM
Post by: sonofdaxjones on November 14, 2024, 11:07:42 PM
Sigh . . . it's the same movie again, kids :frown:
America just ignore if your energy costs go up . . . we got politics to do here
Post by: steve dave on November 14, 2024, 11:11:00 PM
Post by: sonofdaxjones on November 14, 2024, 11:11:13 PM
Post by: sonofdaxjones on November 14, 2024, 11:12:25 PM
so your thing now is that real wages are actually up but they don't include adjustments that aren't contemplated in the CPI? just wanting to make sure we are on the same page.
One line of the graph I posted showed wages going up, I have never - ever denied this.
Maybe it's time for you to go to bed, gramps. You're always complaining about late hours, anyway
Post by: steve dave on November 14, 2024, 11:13:05 PM
Food . . . not important (SteveDave)
Quote
CPI measures the average change in price over time of a market basket of consumer goods and services. The market basket includes everything from food items to automobiles to rent
strike one. I'd suggest not going with automobiles next since I included that in my text above.
Post by: sonofdaxjones on November 14, 2024, 11:14:14 PM
Again, one of the last graphs you posted introduces feelings . . . pre and post pandemic economics are real economics, you don't get to exclude those or caveat those things to get better feels
Post by: steve dave on November 14, 2024, 11:20:48 PM
(https://pbs.twimg.com/media/GP4okozW0AArgui?format=jpg&name=medium)
Post by: sonofdaxjones on November 14, 2024, 11:23:00 PM
Post by: steve dave on November 14, 2024, 11:25:04 PM
Post by: steve dave on November 14, 2024, 11:27:14 PM
So the BLS is lying again? :frown: If true
are you still claiming that real wages are down? I have no idea what you are even claiming here. Post something from the BLS that real wages are down and I'll dunk on it.
Post by: sonofdaxjones on November 14, 2024, 11:29:58 PM
dax, the economy is objectively great right now no matter how you want to spin it. you can post clickbait charts like you did but people that know about this stuff will call you on it sometimes and should more often but exhaustion sets in (this is a a good example of how social media poisons our elders brains tbh).
Steve, you say the same BS every single time.
Anyone who follows this knows that the economy has been fueled by massive Federal deficit spending and a printing press mentality by the treasury and the Fed. This is not refutable in anyway.
The Federal Government added another $260 billion to the national debt just a month ago.
ATH, the billionaires are selling like crazy, friend. They're collecting cash to buy on the low end, Yellen-Powell-Harris are leaving a ticking time bomb
Post by: sonofdaxjones on November 14, 2024, 11:30:41 PM
So the BLS is lying again? :frown: If true
are you still claiming that real wages are down? I have no idea what you are even claiming here. Post something from the BLS that real wages are down and I'll dunk on it.
I already posted it, the numbers come from BLS
Post by: steve dave on November 14, 2024, 11:33:12 PM
So the BLS is lying again? :frown: If true
are you still claiming that real wages are down? I have no idea what you are even claiming here. Post something from the BLS that real wages are down and I'll dunk on it.
I already posted it, the numbers come from BLS
the divorced guys chart that doesn't match the numbers is the thing you posted? that's what you're sticking with? good lord. I mean, I'm arguing with a wall at this point. a very persistent and high stamina wall though, so credit where it's due.
Post by: steve dave on November 14, 2024, 11:35:15 PM
dax, the economy is objectively great right now no matter how you want to spin it. you can post clickbait charts like you did but people that know about this stuff will call you on it sometimes and should more often but exhaustion sets in (this is a a good example of how social media poisons our elders brains tbh).
Steve, you say the same BS every single time.
Anyone who follows this knows that the economy has been fueled by massive Federal deficit spending and a printing press mentality by the treasury and the Fed. This is not refutable in anyway.
The Federal Government added another $260 billion to the national debt just a month ago.
ATH, the billionaires are selling like crazy, friend. They're collecting cash to buy on the low end, Yellen-Powell-Harris are leaving a ticking time bomb
are you talking about warren selling? lmao
Post by: sonofdaxjones on November 14, 2024, 11:36:09 PM
So the BLS is lying again? :frown: If true
are you still claiming that real wages are down? I have no idea what you are even claiming here. Post something from the BLS that real wages are down and I'll dunk on it.
I already posted it, the numbers come from BLS
the divorced guys chart that doesn't match the numbers is the thing you posted? that's what you're sticking with? good lord. I mean, I'm arguing with a wall at this point. a very persistent and high stamina wall though, so credit where it's due.
What does divorce have to do with anything :lol: :lol:
I feel the same way, you steadfastly refuse to admit the functional reality of what is fueling this economy and anything even resembling job growth (I'll leave the cooked jobs numbers for another time, you'll just laughably deny that as well)
Post by: sonofdaxjones on November 14, 2024, 11:37:09 PM
dax, the economy is objectively great right now no matter how you want to spin it. you can post clickbait charts like you did but people that know about this stuff will call you on it sometimes and should more often but exhaustion sets in (this is a a good example of how social media poisons our elders brains tbh).
Steve, you say the same BS every single time.
Anyone who follows this knows that the economy has been fueled by massive Federal deficit spending and a printing press mentality by the treasury and the Fed. This is not refutable in anyway.
The Federal Government added another $260 billion to the national debt just a month ago.
ATH, the billionaires are selling like crazy, friend. They're collecting cash to buy on the low end, Yellen-Powell-Harris are leaving a ticking time bomb
are you talking about warren selling? lmao
All the big dogs are selling right now, friend. (like literally right now)
Buffett, did jump back on a few things today
Sadly, I have just read that NVDIA is doing some . . . Enronish things :frown:
Post by: steve dave on November 14, 2024, 11:41:56 PM
Post by: sonofdaxjones on November 14, 2024, 11:42:58 PM
Oct Wholesales Inflation - Up
Credit Card Debt - Still Rising
90 day delinquencies - Rising
33% of Americans have maxed out their credit (because of rising prices)
Post by: sonofdaxjones on November 14, 2024, 11:45:06 PM
who are these "big dogs" selling? I would personally not sell equities right now given Trump is a narcissist and, because he is (and because he's a dumbass), he sees the stock market as his scoreboard. there is literally no way he allows it to go down in his presidency. told kat kid this a year ago. BULL RUSH CONTINUES UNFETTERED.
Buffet just dumped more Apple today.
Still sitting on record levels of cash
Post by: steve dave on November 14, 2024, 11:46:18 PM
who are these "big dogs" selling? I would personally not sell equities right now given Trump is a narcissist and, because he is (and because he's a dumbass), he sees the stock market as his scoreboard. there is literally no way he allows it to go down in his presidency. told kat kid this a year ago. BULL RUSH CONTINUES UNFETTERED.
Buffet just dumped more Apple today.
Still sitting on record levels of cash
ok, so it was just warren lmao
Post by: sonofdaxjones on November 14, 2024, 11:50:49 PM
CEO CPNG just sold 30 millon shares
Karp just dumped 9 million shares of PLTR
And on and on and on
Maybe they got a lot of bills, hookers and blow . . . :dunno:
Post by: steve dave on November 14, 2024, 11:52:43 PM
Bezo's just sold 12 million shares of Amazon
CEO CPNG just sold 30 millon shares
Karp just dumped 9 million shares of PLTR
And on and on and on
are you uhhhhhh, saying this is UNUSUAL ACTIVITY!?
(https://cdn.moneyshow.com/mscache/spk-images/1428SPK_350x350.jpg?v=2)
Post by: sonofdaxjones on November 14, 2024, 11:53:45 PM
Post by: steve dave on November 14, 2024, 11:54:38 PM
Post by: steve dave on November 14, 2024, 11:57:00 PM
Post by: sonofdaxjones on November 14, 2024, 11:57:23 PM
Like the bell cow of all time we're talking about here.
Post by: sonofdaxjones on November 14, 2024, 11:58:19 PM
I just texted him to wake up and comment so give it a minute.
Like I've said repeatedly, you guys are just adorable.
It's the cutest little middle school lunch table crew I've ever seen.
Post by: steve dave on November 14, 2024, 11:59:25 PM
The "just Buffet" line is just :lol: :lol:
Like the bell cow of all time we're talking about here.
are you of the opinion the selling action you posted is abnormal or shows something directionally? Sounds like you are. Is that what you are saying dax?
Post by: steve dave on November 15, 2024, 12:02:27 AM
Post by: sonofdaxjones on November 15, 2024, 12:03:37 AM
The "just Buffet" line is just :lol: :lol:
Like the bell cow of all time we're talking about here.
are you of the opinion the selling action you posted is abnormal or shows something directionally? Sounds like you are. Is that what you are saying dax?
How do you define "abnormal"
When a bellwether investor has dumped into all time record levels of cash, we're not to take notice?
Post by: steve dave on November 15, 2024, 12:03:48 AM
Post by: sonofdaxjones on November 15, 2024, 12:04:43 AM
it seems like you're saying "market going down" is that what you are saying dax? it's been a historic bull run so wouldn't shock me. but just curious if you're calling your shot here.
I'm not calling anything.
I just find it :lol: :lol: that you think that we're not supposed to notice these things, and we can't speak to them because it wrecks your feels.
Post by: steve dave on November 15, 2024, 12:05:29 AM
The "just Buffet" line is just :lol: :lol:
Like the bell cow of all time we're talking about here.
are you of the opinion the selling action you posted is abnormal or shows something directionally? Sounds like you are. Is that what you are saying dax?
How do you define "abnormal"
When a bellwether investor has dumped into all time record levels of cash, we're not to take notice?
insider moves have to be called. I don't see anything you posted or any other action other than Warren's as being abnormal. there is always selling. I didn't post their moves, you did.
Post by: sonofdaxjones on November 15, 2024, 12:07:53 AM
zero hedge has been calling for it for 10+ years so eventually they have to be right. MAYBE NOW IS THE TIME FINALLY
I don't get stock advice from zero hedge.
If you need to believe that keeping the printing presses running full speed ahead is good, fantastic. It's appropriate to think that we've backed the worlds economy into a corner so as to keep this ponzi scheme rolling forever. I am all for making the fundamentals a perpetually moving goalpost until I pass from this earth :thumbsup:
Post by: steve dave on November 15, 2024, 12:08:35 AM
it seems like you're saying "market going down" is that what you are saying dax? it's been a historic bull run so wouldn't shock me. but just curious if you're calling your shot here.
I'm not calling anything.
I just find it :lol: :lol: that you think that we're not supposed to notice these things, and we can't speak to them because it wrecks your feels.
who is stopping you from speaking about them? I was just curious why you are harping about them here and was curious about the reason. are you of the opinion that you are "not supposed to notice these things"? I certainly don't want that to be the case. Sensitive little flowers around this rough ridin' place lately. good grief.
Post by: sonofdaxjones on November 15, 2024, 12:09:07 AM
The "just Buffet" line is just :lol: :lol:
Like the bell cow of all time we're talking about here.
are you of the opinion the selling action you posted is abnormal or shows something directionally? Sounds like you are. Is that what you are saying dax?
How do you define "abnormal"
When a bellwether investor has dumped into all time record levels of cash, we're not to take notice?
insider moves have to be called. I don't see anything you posted or any other action other than Warren's as being abnormal. there is always selling. I didn't post their moves, you did.
Yes, there's always selling . . . profound
Post by: sonofdaxjones on November 15, 2024, 12:13:15 AM
it seems like you're saying "market going down" is that what you are saying dax? it's been a historic bull run so wouldn't shock me. but just curious if you're calling your shot here.
I'm not calling anything.
I just find it :lol: :lol: that you think that we're not supposed to notice these things, and we can't speak to them because it wrecks your feels.
who is stopping you from speaking about them? I was just curious why you are harping about them here and was curious about the reason. are you of the opionion that you are "not supposed to notice these things"? I certainly don't want that to be the case. Sensitive little flowers around this rough ridin' place lately. good grief.
You lose your mind every time anything of that nature is brought up.
Post by: steve dave on November 15, 2024, 12:14:32 AM
it seems like you're saying "market going down" is that what you are saying dax? it's been a historic bull run so wouldn't shock me. but just curious if you're calling your shot here.
I'm not calling anything.
I just find it :lol: :lol: that you think that we're not supposed to notice these things, and we can't speak to them because it wrecks your feels.
who is stopping you from speaking about them? I was just curious why you are harping about them here and was curious about the reason. are you of the opionion that you are "not supposed to notice these things"? I certainly don't want that to be the case. Sensitive little flowers around this rough ridin' place lately. good grief.
You lose your mind every time anything of that nature is brought up.
I have posted here about a billion times (we have an elite search function). can you show an example of that?
Post by: sonofdaxjones on November 15, 2024, 12:16:40 AM
Again, if they want to keep all those plates spinning on the sticks into perpetuity, I'm all for it. :thumbsup:
Post by: steve dave on November 15, 2024, 12:22:27 AM
Post by: sonofdaxjones on November 15, 2024, 12:28:15 AM
OK. I can see how you feel bullied in this thread given how it has gone down multiple times. I'm game for another round whenever you are though.
I don't feel bullied in the least. I always appreciate the ignore/rage cycle of . . . our government pumping $8 trillion dollars of debt into the economy over the last 4 years, on top of watching you (and others) lose their mind about all time record government hiring and all time record government employment. I'll add full time vs part time jobs aka massive losses vs massive gains as another point that makes you and your buds crazy and of course, the wiping out of nearly a million claimed jobs added in a single mouse click. :thumbsup:
Post by: steve dave on November 15, 2024, 12:30:39 AM
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Post by: sonofdaxjones on November 15, 2024, 12:32:50 AM
That certainly reads as someone who has NOT been bullied
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Based on this post, its hammer meets nail with zeal and precision
Post by: Trim on November 15, 2024, 12:43:28 AM
Post by: Kat Kid on November 15, 2024, 09:27:14 AM
that post was for CNBC aficionados only. KK SPECIFICALLY.It was appreciated lmao
Post by: sonofdaxjones on November 15, 2024, 06:06:06 PM
Now just a hair below $36 trillion dollars
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Post by: Spracne on November 15, 2024, 06:51:14 PM
Get this man a corpse bag.
Post by: Pete on November 15, 2024, 09:30:14 PM
Post by: sonofdaxjones on November 17, 2024, 09:34:22 AM
It's pinnacle group think and cultish behavior
Post by: john "teach me how to" dougie on November 17, 2024, 04:24:23 PM
Post by: sonofdaxjones on November 18, 2024, 01:25:07 PM
Post by: sonofdaxjones on November 23, 2024, 08:55:00 PM
(https://uploads.tapatalk-cdn.com/20241124/8f415d1d5864188d542f5ed7b703b892.jpg)
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Post by: I_have_purplewood on November 23, 2024, 09:49:59 PM
Sustainable, tho
(https://uploads.tapatalk-cdn.com/20241124/8f415d1d5864188d542f5ed7b703b892.jpg)
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Pffffttt, Orange man started this during the start of covid!! You know this!!
Post by: sonofdaxjones on November 24, 2024, 12:12:48 AM
Rep OxyGin said so
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Post by: Pete on November 24, 2024, 09:02:21 AM
Post by: wetwillie on November 24, 2024, 09:15:19 AM
We should just end the entirety of the transfers to states. That solves almost the entire deficit.
Explain this one to me
Post by: Pete on November 24, 2024, 05:34:00 PM
Well, it’s a big chunk of the spending according to Dax’s chart. If Trump is going to be dictator for a day like he said, he should just cut all of that and boom balanced budget. Will probably hurt low income states more than high income states.We should just end the entirety of the transfers to states. That solves almost the entire deficit.
Explain this one to me
Post by: wetwillie on November 24, 2024, 06:14:56 PM
Post by: Dugout DickStone on November 25, 2024, 04:37:08 PM
We should just end the entirety of the transfers to states. That solves almost the entire deficit.
The south would cease to exist
Post by: CNS on November 25, 2024, 04:40:24 PM
Post by: Stupid Fitz on November 25, 2024, 06:15:39 PM
rough ridin' Canadians.
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Post by: sonofdaxjones on November 25, 2024, 06:17:04 PM
:lol: :lol: :lol: :lol:
Post by: star seed 7 on November 25, 2024, 06:52:35 PM
Post by: Stupid Fitz on November 25, 2024, 07:17:48 PM
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Post by: kstater on November 25, 2024, 07:42:49 PM
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Post by: CNS on November 25, 2024, 07:44:54 PM
Maybe because it's been 25 years since I was in class in Manhattan so i might be outdated in my thinking, but a 25% increase in most of our products and a large chunk of our food, can't be good for the economy right?
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Make America skinny again.
Post by: Stupid Fitz on November 25, 2024, 07:49:10 PM
Maybe because it's been 25 years since I was in class in Manhattan so i might be outdated in my thinking, but a 25% increase in most of our products and a large chunk of our food, can't be good for the economy right?I was in that class too. I’m pretty sure they also said that making your neighbor country much poorer doesn’t make their citizens want to stay and not move to your country. I think I got a D, so what do I know?
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Post by: wetwillie on November 25, 2024, 08:11:39 PM
Post by: Stupid Fitz on November 26, 2024, 08:25:05 AM
Relax guys, it's just a way to force other countries to the negotiating table for more favorable trade terms
We know WW. Its the only move he has and the dumb dumbs eat it up every time because "he's tough on those damn Canadians"!!!!!!!!!!
Post by: sonofdaxjones on November 26, 2024, 11:10:16 AM
Does Canada have tariff rate quotas on any US goods?
You're entire non-specific - just pissed off that Trump got elected shtick is fantastic, tho
Post by: steve dave on November 26, 2024, 12:49:28 PM
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Post by: Pete on November 26, 2024, 02:48:34 PM
Quote
Scott Bessent, has had a notable career in finance, including a significant period working for George Soros at Soros Fund Management. Here are some insights and quotes or paraphrases from Scott Bessent related to George Soros:
- **On Working with Soros:** Bessent has described George Soros as having a "Wooden-style genius" when it comes to investing, referencing the legendary UCLA basketball coach John Wooden, implying that despite political differences, Soros's investment prowess is unmatched. Bessent emphasized that investing, like sports, is a meritocracy where the focus should be on learning from the best, regardless of political views (Source: Forbes article about Bessent's nomination).
- **Soros's Influence:** Bessent's career was significantly shaped by his time with Soros, where he played a role in high-profile currency trades like the bet against the British pound and the Japanese yen. While direct quotes from Bessent about Soros are less about Soros's philosophy or personal beliefs and more about the professional impact Soros had on him, Bessent has often highlighted the importance of understanding macroeconomic trends, a strategy he likely honed under Soros.
- **Philosophical Differences:** Although there isn't a wealth of direct quotes from Bessent about Soros's personal beliefs, his own political journey from supporting Democrats to becoming a key economic advisor for Trump suggests a nuanced perspective on Soros's influence. Bessent's move towards supporting Trump's policies indicates a professional respect for Soros's acumen but a divergence in political ideology.
- **Soros’s Trading Philosophy:** In broader discussions about investing, Bessent might echo some of Soros's notable views, like the unpredictability of markets and the importance of being flexible in investment strategies. However, specific quotes from Bessent on these topics directly linked to Soros are not commonly found in public records.
These insights are drawn from various sources discussing Bessent's career, his relationship with Soros, and his own statements on investing and political involvement. Bessent's connection with Soros has been highlighted in the context of his appointment as Treasury Secretary by Donald Trump, where his past association with Soros was noted, though his own political stance has shifted over time.
Post by: Dugout DickStone on November 26, 2024, 03:19:29 PM
Post by: Stupid Fitz on November 26, 2024, 03:29:45 PM
Post by: john "teach me how to" dougie on November 29, 2024, 11:28:59 PM
Post by: sonofdaxjones on December 06, 2024, 08:24:31 AM
(https://uploads.tapatalk-cdn.com/20241206/25673dd9effd19caaf8d9cd64c768528.jpg)
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Post by: steve dave on December 06, 2024, 08:40:42 AM
https://x.com/jeannasmialek/status/1865036682833133786?s=46
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Post by: Justwin on December 06, 2024, 09:57:10 AM
An absolute massacre in the full time job arena. Don’t even bother to call an ambulance - just send a hearse
(https://uploads.tapatalk-cdn.com/20241206/25673dd9effd19caaf8d9cd64c768528.jpg)
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In your mind, is the labor market adjusting to a more sustainable unemployment rate a bad thing?
Post by: sonofdaxjones on December 06, 2024, 10:14:14 AM
What does that have to do with the arterial level bleeding of full time jobs in our economy?
Are you trying to tell us that the blood bath in full time jobs is good? (as December layoffs accelerate)
Post by: Justwin on December 09, 2024, 09:47:36 AM
What is a "sustainable unemployment rate" ?
What does that have to do with the arterial level bleeding of full time jobs in our economy?
Are you trying to tell us that the blood bath in full time jobs is good? (as December layoffs accelerate)
I would define a sustainable unemployment rate as one that is close to the noncyclical rate of unemployment. I would estimate the current noncyclical rate of unemployment to be in the 4.25 - 4.75%. The noncyclical rate of unemployment is generally regarded as one that would not be acceleratory to inflation.
I would not classify the current loss of jobs as a bloodbath and I think that some job loss was needed to restore some slack in the labor market. Inflation is still a little on the high side, so removing inflationary pressures from the labor market will aid in bringing inflation down.
Another factor affecting the number of people employed is the wave of baby boomers that are currently retiring. A lot of them are completely exiting the labor market while some are moving from full time to part time employment. I think this will continue to affect the labor market for the next decade.
The last thing to look at is that the proportion of people that are experiencing frictional unemployment is about 60% and those experiencing structural unemployment is about 40% of all unemployment. This is reflective of a labor market that is not distressed. If those numbers get flipped, I would be very concerned about the labor market.
Post by: sonofdaxjones on December 09, 2024, 10:01:18 AM
In addition - no one should trust a thing coming out of entities like the BLS until further notice.
When cook to the books to the tune of nearly a million jobs over the course of a year to fly partisan driven political air cover - you cannot be trusted.
Post by: Justwin on December 09, 2024, 10:04:10 AM
That's wonderful - but changes nothing, full time jobs are hemorrhaging out over the last year.
In addition - no one should trust a thing coming out of entities like the BLS until further notice.
When cook to the books to the tune of nearly a million jobs over the course of a year to fly partisan driven political air cover - you cannot be trusted.
Could you remind me what the source of data was for the graphic you posted earlier?
Post by: LickNeckey on December 09, 2024, 10:14:46 AM
Post by: sonofdaxjones on December 09, 2024, 10:50:55 AM
That's wonderful - but changes nothing, full time jobs are hemorrhaging out over the last year.
In addition - no one should trust a thing coming out of entities like the BLS until further notice.
When cook to the books to the tune of nearly a million jobs over the course of a year to fly partisan driven political air cover - you cannot be trusted.
Could you remind me what the source of data was for the graphic you posted earlier?
relative to new job creation.
Post by: LickNeckey on December 09, 2024, 11:03:56 AM
Post by: sonofdaxjones on December 09, 2024, 11:09:14 AM
Post by: Spracne on December 09, 2024, 11:10:23 AM
Post by: sonofdaxjones on December 09, 2024, 11:13:23 AM
I've admitted to overstating things before on here - FYI
Post by: wetwillie on December 09, 2024, 11:25:44 AM
Post by: steve dave on December 09, 2024, 11:26:41 AM
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Post by: Stupid Fitz on December 09, 2024, 11:40:07 AM
Post by: sonofdaxjones on December 09, 2024, 11:57:28 AM
Post by: BIG APPLE CAT on December 09, 2024, 12:02:29 PM
Post by: sonofdaxjones on December 09, 2024, 12:09:31 PM
I am trying understand why an admittance that a word or two was a little hyperbolic . . . is "walking back" the primary crux of the point being made in total.
'
But #blueanongE tends to pick and chose their moments, while totally avoiding the primary crux of most posts in their entirety. Source - Almost every thread on this blog
Post by: Trim on December 09, 2024, 12:53:52 PM
Post by: sonofdaxjones on December 09, 2024, 01:42:26 PM
Post by: sonofdaxjones on December 24, 2024, 10:50:58 AM
Post by: sonofdaxjones on December 27, 2024, 04:48:40 AM
https://twitter.com/great_martis/status/1872148278177157457?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: steve dave on January 04, 2025, 08:33:22 PM
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Post by: steve dave on January 04, 2025, 09:31:56 PM
https://x.com/jstein_wapo/status/1875684840840032314?s=46
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Post by: steve dave on January 04, 2025, 09:32:49 PM
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Post by: Pete on January 05, 2025, 09:29:12 AM
Post by: sonofdaxjones on January 08, 2025, 06:43:31 AM
Best economy ever though.
Fed losses continue, and in addition to borrowing over $8 trillion dollars more. President Jill Biden’s administration spent $1 trillion in Treasury reserves. That’s $9 trillion plus in deficit spending. Used to prop up GDP
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Post by: Stupid Fitz on January 08, 2025, 09:00:31 AM
Things are obviously worse than we all thought.
Post by: sonofdaxjones on January 08, 2025, 09:03:17 AM
Post by: Sandstone Outcropping on January 08, 2025, 03:30:49 PM
https://x.com/scottlincicome/status/1877105311258915137
Post by: sonofdaxjones on January 08, 2025, 03:57:43 PM
Post by: Institutional Control on January 08, 2025, 04:24:32 PM
Post by: catastrophe on January 08, 2025, 04:43:43 PM
I assumed manual squeezing of lemons for commercial purposes ended in the 1940s or so.
No joke.
Post by: sonofdaxjones on January 10, 2025, 08:55:59 PM
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Post by: sonofdaxjones on January 11, 2025, 06:11:56 PM
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Post by: sonofdaxjones on January 11, 2025, 06:12:25 PM
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Post by: sonofdaxjones on January 11, 2025, 06:20:26 PM
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Post by: wetwillie on January 11, 2025, 06:21:07 PM
When jobs decrease: not fake
At least until January 21st
Post by: sonofdaxjones on January 11, 2025, 06:21:48 PM
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Post by: steve dave on January 11, 2025, 10:07:31 PM
Post by: sonofdaxjones on January 11, 2025, 10:22:08 PM
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Post by: steve dave on January 11, 2025, 10:31:19 PM
Drunk AF SteveDave has entered the chatDax, are you able to counterpoint with something or just the usual?
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Post by: sonofdaxjones on January 11, 2025, 11:05:40 PM
LMAO @ you if you are
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Post by: sonofdaxjones on January 11, 2025, 11:07:58 PM
I wonder why.
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Post by: LickNeckey on January 12, 2025, 08:32:29 AM
When you say “market” are you once again stupidly saying the stock market is the economy?
LMAO @ you if you are
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Hasn't the President Elect regularly done this very thing?
Post by: Stupid Fitz on January 12, 2025, 10:30:38 AM
Only when it goes up.When you say “market” are you once again stupidly saying the stock market is the economy?
LMAO @ you if you are
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Hasn't the President Elect regularly done this very thing?
Also a huge bummer that he was totally right about the huge stock market crash that would happen if Biden beat him in 2020.
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Post by: Justwin on January 12, 2025, 05:08:58 PM
https://twitter.com/drjstrategy/status/1877716819588374931?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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I'm pretty sure this is not seasonally adjusted. If you operate in a world where seasonal adjustments are not made, then be my guest. You run the risk of claiming summer reports are particularly strong even when they are not.
Post by: BIG APPLE CAT on January 12, 2025, 05:53:35 PM
Post by: wetwillie on January 12, 2025, 05:58:30 PM
Post by: steve dave on January 12, 2025, 06:44:26 PM
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Post by: Justwin on January 12, 2025, 06:53:46 PM
Post by: steve dave on January 12, 2025, 06:58:00 PM
I would say that it was sizzling, but we can agree to disagree.You son of a bitch
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Post by: LickNeckey on January 12, 2025, 06:59:00 PM
Zero Hedge apparently didn't aggregate this business insider article
https://markets.businessinsider.com/news/stocks/december-jobs-report-stock-bond-market-impact-selloff-decline-trump-2025-1
Post by: Dugout DickStone on January 12, 2025, 08:10:58 PM
Post by: BIG APPLE CAT on January 12, 2025, 09:09:45 PM
Post by: sonofdaxjones on January 14, 2025, 04:26:53 PM
Viewers of this blog are also once again reminded that the BLS revised job "growth" down by nearly a million just 6 months ago, or so.
But somehow, some way, #blueanongE keeps attempting to act like that ever-ever happened.
In other news - interest on our national debt in Dec '24, the 3rd month of FFY ' 25 - $160 billion in interest
Post by: hjfklmor on January 14, 2025, 04:59:56 PM
Post by: Pete on January 14, 2025, 08:07:49 PM
I look forward to the renewal of the expiring provisions of the Tax Cuts and Jobs Act and how Republicans feel about the impact it will have on the deficit. Probably similar to the feelings they had when it passed initially.Those aren’t going away, AND big property tax deductions are coming back!
Post by: BIG APPLE CAT on January 14, 2025, 08:22:39 PM
Post by: LickNeckey on January 14, 2025, 08:30:41 PM
it's the only way
Post by: sonofdaxjones on January 14, 2025, 10:22:51 PM
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Post by: Pete on January 15, 2025, 06:50:50 AM
We are 3.5 months into FFY’25 and the US Government has already spent $711 billion more dollars than it made.Dude, that is all getting fixed in like 7 days from now.
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Post by: sonofdaxjones on January 15, 2025, 07:06:22 AM
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Post by: mocat on January 15, 2025, 10:32:23 AM
We are 3.5 months into FFY’25 and the US Government has already spent $711 billion more dollars than it made.Dude, that is all getting fixed in like 7 days from now.
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sadly the economy is too much of a shitshow to even be able to fix, thanks to joe biden
Post by: Dugout DickStone on January 15, 2025, 11:08:49 AM
We are 3.5 months into FFY’25 and the US Government has already spent $711 billion more dollars than it made.Dude, that is all getting fixed in like 7 days from now.
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Nostrastonus: nope. Trump will continue record setting deficits
Post by: BIG APPLE CAT on January 15, 2025, 11:22:09 AM
We are 3.5 months into FFY’25 and the US Government has already spent $711 billion more dollars than it made.Dude, that is all getting fixed in like 7 days from now.
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Nostrastonus: nope. Trump will continue record setting deficits
if you know a maga who actually has the cash you should get them to bet you on this. might need to stipulate the funds are held in escrow or something to make sure he doesn't declare bankruptcy when its time to pay up.
Post by: Dugout DickStone on January 15, 2025, 11:23:57 AM
We are 3.5 months into FFY’25 and the US Government has already spent $711 billion more dollars than it made.Dude, that is all getting fixed in like 7 days from now.
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Nostrastonus: nope. Trump will continue record setting deficits
if you know a maga who actually has the cash you should get them to bet you on this. might need to stipulate the funds are held in escrow or something to make sure he doesn't declare bankruptcy when its time to pay up.
I know of no such magas
Post by: sonofdaxjones on January 15, 2025, 11:55:38 AM
Until then, the crap show being left by the current regime will be documented.
Que Lesley Stahl trying to get Dimon to criticize Trump
Post by: sonofdaxjones on January 15, 2025, 09:22:24 PM
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Post by: steve dave on January 15, 2025, 09:32:23 PM
https://x.com/JoeKiani/status/1879546365547852167
Quote
When the story of Joe Biden’s four-year job market is all said and done, and written into the history books, it will be told with many superlatives. So much so, that skeptics will doubt (and possibly attempt to revise) the story. That’s because it’s almost too good to be true, certainly one we’ve never seen before. Frankly, Joe Biden built and sustained the strongest, healthiest, most resilient job market in American history.
also
(https://pbs.twimg.com/media/GhVxIuVXQAAmURr?format=png&name=small)
also
(https://awealthofcommonsense.com/wp-content/uploads/2024/10/Screenshot-2024-10-14-094025.png)
Post by: steve dave on January 15, 2025, 09:43:37 PM
(https://pbs.twimg.com/media/GhVxIuWXwAE6Ifa?format=png&name=medium)
(https://awealthofcommonsense.com/wp-content/uploads/2024/10/Screenshot-2024-10-17-130052.png)
Post by: IPA4Me on January 15, 2025, 09:44:49 PM
this economy could not be hotter, I doubt even Trump could eff this upHe'll find a way.
https://x.com/JoeKiani/status/1879546365547852167QuoteWhen the story of Joe Biden’s four-year job market is all said and done, and written into the history books, it will be told with many superlatives. So much so, that skeptics will doubt (and possibly attempt to revise) the story. That’s because it’s almost too good to be true, certainly one we’ve never seen before. Frankly, Joe Biden built and sustained the strongest, healthiest, most resilient job market in American history.
(https://pbs.twimg.com/media/GhVxIuVXQAAmURr?format=png&name=small)
Post by: Tobias on January 15, 2025, 10:05:51 PM
Post by: wetwillie on January 16, 2025, 05:41:42 AM
Post by: steve dave on January 16, 2025, 12:57:55 PM
People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?
other than they both rule? no
Post by: sonofdaxjones on January 16, 2025, 01:12:34 PM
I mean :lol:
Current US housing deficit . . . 4 plus million
Finding randos to boost Pedo Pete in the face of BLS massive revisions and the Philly Fed excoriating the cooked job numbers is also . . . something
Bragging about GDP Growth in the face of all time record Government spending/deficit spending is also just :lol: :lol:
Relative to jobs - Federal employment is at all time records and the vast majority of job "growth" is driven by government hiring/highly government subsidized hiring
Post by: sonofdaxjones on January 16, 2025, 01:24:34 PM
No other 4 year period in US history comes even remotely close
Post by: LickNeckey on January 16, 2025, 01:40:43 PM
once Trump tariffs that crap housing market will straighten out
Post by: sonofdaxjones on January 16, 2025, 01:43:39 PM
Post by: wetwillie on January 16, 2025, 05:19:20 PM
People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?
other than they both rule? no
So why post a tweet that expressly correlates the two?
Post by: steve dave on January 16, 2025, 06:24:49 PM
I posted three separate tweets/chart/links. I’m not 100% certain you have a strong understanding of what “expressly” means.People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?
other than they both rule? no
So why post a tweet that expressly correlates the two?
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Post by: wetwillie on January 16, 2025, 06:49:03 PM
I posted three separate tweets/chart/links. I’m not 100% certain you have a strong understanding of what “expressly” means.People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?
other than they both rule? no
So why post a tweet that expressly correlates the two?
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That mothefucker IPA4ME cut out most of your post when replying to you, I was a victim of fake news.
Post by: steve dave on January 16, 2025, 08:49:50 PM
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Post by: IPA4Me on January 18, 2025, 01:15:51 PM
Post by: sonofdaxjones on January 18, 2025, 10:46:47 PM
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Post by: sonofdaxjones on January 26, 2025, 09:21:44 AM
(https://uploads.tapatalk-cdn.com/20250126/9bd0efb16181a131f919df60c76d9fd2.jpg)
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Post by: Pete on January 26, 2025, 09:25:04 AM
Another crap sandwich left behind by the sock puppet presidentDAX, the trajectory of that chart is not gonna rough ridin' change over the next four years.
(https://uploads.tapatalk-cdn.com/20250126/9bd0efb16181a131f919df60c76d9fd2.jpg)
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Post by: wetwillie on January 26, 2025, 09:30:35 AM
Post by: Pete on January 26, 2025, 09:47:23 AM
We’re sitting here with the Republican president, house, and Senate and DAX is rough ridin' posting about what has happened in the past.
Either the problems are about to get solved or DAX has been way rough ridin' off on what the cause of the problem really is.
Post by: BIG APPLE CAT on January 26, 2025, 10:45:17 AM
I, for one, would like to see DAX invest a little bit more energy in talking about what he wants to happen going forward and a little less energy (a lot less) worrying about crap that’s in the past.
We’re sitting here with the Republican president, house, and Senate and DAX is rough ridin' posting about what has happened in the past.
Either the problems are about to get solved or DAX has been way rough ridin' off on what the cause of the problem really is.
OOORRR, third option: Dax is a miserable reactionary turd who will never know any kind of joy
Post by: Pete on January 26, 2025, 11:25:13 AM
Post by: LickNeckey on January 26, 2025, 03:42:57 PM
Another crap sandwich left behind by the sock puppet presidentDAX, the trajectory of that chart is not gonna rough ridin' change over the next four years.
(https://uploads.tapatalk-cdn.com/20250126/9bd0efb16181a131f919df60c76d9fd2.jpg)
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President controls the purse strings
Everyone knows this
Post by: Justwin on January 27, 2025, 07:19:09 PM
Another crap sandwich left behind by the sock puppet president
(https://uploads.tapatalk-cdn.com/20250126/9bd0efb16181a131f919df60c76d9fd2.jpg)
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Dax, I agree with you that our national debt is something that is concerning and the interest that is going to be due on it in the near future is going to constrain the federal budget and/or the economy.
However, discussing the national debt in terms of total public debt outstanding really hampers your ability to be taken seriously or credibly. You should be discussing it in terms of the national debt held by the public. This figure is still quite high at nearly $29 trillion and is roughly 100% of GDP.
Post by: Pete on January 29, 2025, 06:16:03 PM
https://apnews.com/article/supersonic-flight-california-boom-sound-barrier-5a38f602ad6453939885af682827a69e
Quote
“XB-1’s supersonic flight demonstrates that the technology for passenger supersonic flight has arrived,” Boom founder and CEO Blake Scholl said in a statement. “A small band of talented and dedicated engineers has accomplished what previously took governments and billions of dollars.”
Post by: michigancat on January 29, 2025, 06:33:20 PM
Potentially some more lower cost engineering disruption to the defense industry.
https://apnews.com/article/supersonic-flight-california-boom-sound-barrier-5a38f602ad6453939885af682827a69eQuote
“XB-1’s supersonic flight demonstrates that the technology for passenger supersonic flight has arrived,” Boom founder and CEO Blake Scholl said in a statement. “A small band of talented and dedicated engineers has accomplished what previously took governments and billions of dollars.”
The technology for supersonic passenger flights has arrived?
Post by: sonofdaxjones on January 29, 2025, 06:35:42 PM
Another crap sandwich left behind by the sock puppet president
(https://uploads.tapatalk-cdn.com/20250126/9bd0efb16181a131f919df60c76d9fd2.jpg)
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Dax, I agree with you that our national debt is something that is concerning and the interest that is going to be due on it in the near future is going to constrain the federal budget and/or the economy.
However, discussing the national debt in terms of total public debt outstanding really hampers your ability to be taken seriously or credibly. You should be discussing it in terms of the national debt held by the public. This figure is still quite high at nearly $29 trillion and is roughly 100% of GDP.
I have specifically discussed that auto loan defaults and credit card defaults are at levels seen in 2007 and 2008 on this blog.
Just a couple of weeks ago in fact.
It's hard to take drive by posters seriously.
Post by: steve dave on January 29, 2025, 06:58:23 PM
https://www.federalreserve.gov/econres/notes/feds-notes/rising-auto-loan-delinquencies-and-high-monthly-payments-20240926.html
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Post by: steve dave on January 29, 2025, 06:59:40 PM
(https://uploads.tapatalk-cdn.com/20250130/d80630460f9f41226102f24ea3220d7b.jpg)
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Post by: Pete on January 29, 2025, 07:01:43 PM
The point is the cost, and the impact on barriers to entryPotentially some more lower cost engineering disruption to the defense industry.
https://apnews.com/article/supersonic-flight-california-boom-sound-barrier-5a38f602ad6453939885af682827a69eQuote
“XB-1’s supersonic flight demonstrates that the technology for passenger supersonic flight has arrived,” Boom founder and CEO Blake Scholl said in a statement. “A small band of talented and dedicated engineers has accomplished what previously took governments and billions of dollars.”
The technology for supersonic passenger flights has arrived?
Post by: steve dave on January 29, 2025, 07:03:57 PM
Post by: Pete on January 29, 2025, 07:05:16 PM
Post by: Pete on January 29, 2025, 07:06:09 PM
Post by: steve dave on January 29, 2025, 07:08:17 PM
Into the point of this thread, lower our national debt or at least be able to make the interest payments on our debt and have something left over afterwards, by spending less on defense without sacrificing quality
I'm onboard with that pete
Post by: michigancat on January 29, 2025, 07:20:03 PM
Post by: steve dave on January 29, 2025, 07:21:35 PM
I don't think our government has much motivation to lower defense costs. They are federal white collar jobs programs.
Well, I mean, Boeing got too cozy in their spot obviously and see what happened? I agree with Pete that we need serious new players (for me to fly safely at minimum).
Post by: michigancat on January 29, 2025, 07:38:56 PM
I don't think our government has much motivation to lower defense costs. They are federal white collar jobs programs.
Well, I mean, Boeing got too cozy in their spot obviously and see what happened? I agree with Pete that we need serious new players (for me to fly safely at minimum).
Yeah I'm skeptical that smaller companies with less funding will avoid future catastrophes unless somehow it makes it easier to throw their executives in jail when their decisions kill a bunch of people. But who knows
Post by: steve dave on January 29, 2025, 07:45:27 PM
1) innovation and new great stuff with little oversight
2) that crap murders tons of people
3) oversight of that stuff
4) that stuff is safer and still rules but gets expensive
5) no players left so that stuff gets away with doing what they want
6) either new better stuff disrupts or people get fed up with that crap (we are here now on both points)
7) little oversight and new crap that rules
8) murders again
9) the oversight one again (hopefully we all live to this point)
Post by: Pete on January 29, 2025, 07:45:46 PM
I think everybody agrees that the status quo needs to be changed. They just seems to be much disagreement about how to make the change and on what timeline with the realities of what kind of political will can be summoned.
Post by: Pete on January 29, 2025, 07:47:25 PM
Post by: steve dave on January 29, 2025, 07:47:56 PM
Post by: Pete on January 29, 2025, 07:48:05 PM
Post by: Pete on January 29, 2025, 07:50:48 PM
there is no new crap being done with cars outside of china. and that's mostly just china doing china on cars. like they did social media. and AI. and everything else. real talk vivek was just spitting facts about that stuff.Oh, I completely agree on the quality, I just mean that there are some that have started like Rivian, etc. but nobody can compete with the legacy car companies on any scale yet apart from Tesla
Post by: steve dave on January 29, 2025, 07:53:00 PM
there is no new crap being done with cars outside of china. and that's mostly just china doing china on cars. like they did social media. and AI. and everything else. real talk vivek was just spitting facts about that stuff.Oh, I completely agree on the quality, I just mean that there are some that have started like Rivian, etc. but nobody can compete with the legacy car companies on any scale yet apart from Tesla
I know a lot unfortunately about Rivian and they aren't doing crap other than marketing and sucking govt. teet. Same with tesla. it's just packaging and marketing for both. neither innovate anything.
Post by: steve dave on January 29, 2025, 07:56:57 PM
Post by: Pete on January 29, 2025, 07:57:41 PM
Post by: steve dave on January 29, 2025, 08:00:15 PM
Man, I had high hopes for them
ask kat kid about my excitement in the SUPER SECRET INVESTING PRIVATE TEXT GROUP when I first started talking to them. we were so young/naive. your late 30s are a golden age of discovery.
Post by: steve dave on January 29, 2025, 08:11:20 PM
there is no new crap being done with cars outside of china. and that's mostly just china doing china on cars. like they did social media. and AI. and everything else. real talk vivek was just spitting facts about that stuff.
also hold onto your ass when china passes everyone in chip innovation. what do you think? 6 months from now? we will have nothing left other than natural resources. we will be best served to just relent now and become a giant stupider western europe consumer imo with a side of crude oil reserves.
Post by: michigancat on January 29, 2025, 08:12:20 PM
Post by: Pete on January 29, 2025, 08:17:33 PM
Post by: Pete on January 29, 2025, 08:19:24 PM
Post by: star seed 7 on January 29, 2025, 08:26:58 PM
Post by: michigancat on January 29, 2025, 08:30:27 PM
It definitely seems like a very divisive employer. I have no notion on whether that extends to SpaceX my sense is that there must be some core of employees that really enjoy the “my job is everything” vibe.It wasn't necessarily about shitty work conditions - Tesla had unrealistic expectations, cut corners all the time, and made shitty/borderline dangerous design decisions. If you were a "my job is my life" person it would probably be even more deflating.
Post by: Pete on January 29, 2025, 08:33:58 PM
as of retirement my job is smoking weed, playing wow, and watching tv. for the first time in my life i love my job.Goddamn dude, I didn’t know you officially pulled the trigger on retirement that’s fantastic. And that sounds like a fantastic way to spend your time. 75,000 years a human history or something mumped up like that, and you are living better than 99.9999% of them
Post by: Pete on January 29, 2025, 08:36:11 PM
Yeah, that’s a good point. Might be more of that on the NeuroLink or SpaceX side more opportunities to have a abstract ideological goal but there’s gotta be a bunch of that with true believers and electric power too.It definitely seems like a very divisive employer. I have no notion on whether that extends to SpaceX my sense is that there must be some core of employees that really enjoy the “my job is everything” vibe.It wasn't necessarily about shitty work conditions - Tesla had unrealistic expectations, cut corners all the time, and made shitty/borderline dangerous design decisions. If you were a "my job is my life" person it would probably be even more deflating.
Post by: steve dave on January 29, 2025, 08:52:07 PM
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Post by: mocat on January 29, 2025, 09:37:53 PM
as of retirement my job is smoking weed, playing wow, and watching tv. for the first time in my life i love my job.Incred
Post by: bucket on January 29, 2025, 09:38:00 PM
as of retirement my job is smoking weed, playing wow, and watching tv. for the first time in my life i love my job.
The gd dream
Post by: sonofdaxjones on January 30, 2025, 07:07:17 AM
https://twitter.com/realejantoni/status/1884813930486276569?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: steve dave on January 30, 2025, 09:58:44 AM
(https://uploads.tapatalk-cdn.com/20250130/5f7c4361b8d36d86a77f2e663ea4a994.jpg)
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Post by: mocat on January 30, 2025, 10:27:37 AM
Post by: sonofdaxjones on January 30, 2025, 10:47:14 AM
SteveDave is now apparently mad at The Fed.
The job numbers go back into the white hot fryer again . . . commence #blueanongE :bawl: :bawl: :bawl:
Post by: BIG APPLE CAT on January 30, 2025, 11:24:21 AM
Can't attack the message . . . so attack the messenger. The most onbrandest SteveDave #blueanongE thing ever.
SteveDave is now apparently mad at The Fed.
The job numbers go back into the white hot fryer again . . . commence #blueanongE :bawl: :bawl: :bawl:
Are there any other sources also delivering this message? Perhaps ones that aren’t clownshit right wing shills?
Post by: sonofdaxjones on January 30, 2025, 11:29:47 AM
Can't attack the message . . . so attack the messenger. The most onbrandest SteveDave #blueanongE thing ever.
SteveDave is now apparently mad at The Fed.
The job numbers go back into the white hot fryer again . . . commence #blueanongE :bawl: :bawl: :bawl:
Are there any other sources also delivering this message? Perhaps ones that aren’t clownshit right wing shills?
He's using the FED government supplied data . . . if you want to :bawl: :bawl: about this, go ask The FED/BLS
Or attempt to go find some #blueanon rando who just regurgitates the initial numbers and never goes back to revisit the revisions that ultimately come out months and quarters later.
Post by: LickNeckey on January 30, 2025, 11:55:18 AM
weird
Post by: sonofdaxjones on January 30, 2025, 12:48:00 PM
Lick is confused as usual.
Post by: BIG APPLE CAT on January 30, 2025, 01:20:15 PM
Relative to their initial release from BLS. . . absolutely.
Lick is confused as usual.
Dax is usually pretty quiet when it turns out the actual numbers were even better than the initial release. If he does chime in it’s to decry their incompetence at not being able to put out a more accurate initial release
Post by: sonofdaxjones on January 30, 2025, 01:53:02 PM
Relative to their initial release from BLS. . . absolutely.
Lick is confused as usual.
Dax is usually pretty quiet when it turns out the actual numbers were even better than the initial release. If he does chime in it’s to decry their incompetence at not being able to put out a more accurate initial release
For the sake of your body, please stop pulling so many rando statements out of your ass
Post by: Dugout DickStone on January 31, 2025, 12:25:25 AM
lmao
(https://uploads.tapatalk-cdn.com/20250130/5f7c4361b8d36d86a77f2e663ea4a994.jpg)
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No way. That’s the catturd of Econ!
Post by: sonofdaxjones on January 31, 2025, 08:17:22 AM
Just accept it - they french fried the job numbers - and move on, and be better.
Post by: steve dave on January 31, 2025, 08:22:29 AM
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Post by: CNS on January 31, 2025, 08:26:25 AM
Post by: Trim on January 31, 2025, 08:28:28 AM
Post by: BIG APPLE CAT on January 31, 2025, 08:28:48 AM
Post by: sonofdaxjones on January 31, 2025, 08:39:28 AM
Dax, you’re a moron on many topics but you really show your ass when it comes to money. How many ass whippings will it take? Incredible stamina.
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What does job numbers have to do with "money".
You get all :curse: :curse: :curse: about who is saying, and the dude is using your go to sources.
It's :lol: :lol: :lol: to watch you on this topic
LMAO . . . I bring up credit card and auto defaults, and you've got to pivot to mortgages. It's classic deflectoSteve :lol:
Post by: steve dave on January 31, 2025, 08:43:28 AM
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Post by: sonofdaxjones on January 31, 2025, 08:46:23 AM
How positively . . . Trumpian :lol: :lol:
FYI - the only job "growth" over the last few years was either government jobs or highly subsidized by the government jobs
Post by: sonofdaxjones on January 31, 2025, 09:00:19 AM
Cooked those numbers to prop up GDP "growth" in the run up to the election
Post by: Justwin on January 31, 2025, 09:17:58 AM
Post by: steve dave on January 31, 2025, 09:20:16 AM
GDP growth for the third quarter of 2024 (June-September) was revised up in December 2024.Ahh, well, nevertheless
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Post by: sonofdaxjones on January 31, 2025, 09:24:15 AM
Post by: mocat on January 31, 2025, 09:27:42 AM
(https://uploads.tapatalk-cdn.com/20250131/c3c6dbda932175c63edca68b407eaefd.jpg)
Post by: sonofdaxjones on January 31, 2025, 09:29:11 AM
Post by: sonofdaxjones on January 31, 2025, 09:33:03 AM
Federal spending vs overall GDP as a percentage was an all time record in a non national emergency year.
Post by: Justwin on January 31, 2025, 09:46:06 AM
The message you send out is that the economy is terrible and the government is making up the numbers to hide this fact. If that is not what you think, you should reconsider the message you are sending.
I get that the economy is not perfect and there are some issues that should be dealt with. Inflation adjusted personal income growth has not been great when compared with 2019. It's maybe marginally higher, but that's nothing to trumpet over a 5-6 year period. The labor market is most likely cooling off, which I contend is not really a problem given current unemployment levels. Auto loan defaults are rising a bit.
However, the economy is not terrible. I don't think it's as good as it was in 2019, but it's not terrible. And I wouldn't listen to people like EJ Antoni or anyone else that puts Ph.D. in their Twitter byline or insists on being called Dr. in public.
Moreover, I highly, highly doubt the BLS and BEA are cooking the books. They're not perfect and there are things they can improve upon. For example, the birth/death model the BLS uses could use a lot of work. Insisting on them making things up or falsely adjusting numbers makes you look like a crazy person.
Post by: sonofdaxjones on January 31, 2025, 09:51:04 AM
You simply cannot hide from the fact that our economy is being significantly buoyed by massive Federal (deficit) spending, and that job growth is almost wholly centered around government subsidization of those numbers. When you step outside the lanes of government impact on hiring, the job numbers are not great.
More than one thing can be true at the same time, and #blueanongE really struggles with that.
You also cannot ignore the politicization of the release of numbers . . . very very few people pay attention to the down the line revisions. The numbers are released and touted for political purposes.
Post by: BIG APPLE CAT on January 31, 2025, 09:54:01 AM
Post by: sonofdaxjones on January 31, 2025, 09:55:19 AM
Very FanningBragish
Post by: CHONGS on January 31, 2025, 09:55:25 AM
Post by: sonofdaxjones on January 31, 2025, 09:55:55 AM
Post by: BIG APPLE CAT on January 31, 2025, 10:01:44 AM
The problem with people like BAC and most of #blueanongE is that anything less than fawning praise of what they hold dear is considered an attack.
Very FanningBragish
i'm not sure i've ever said anything complimentary about joe biden. at least not from a political standpoint anyway. From the standpoint of using his giant hog to wreck Dr Jill's guts 24/7/365? sure, yes i have definitely thrust praise upon him from that standpoint. But i defy you to show me any blogposts where i said something nice about joe as a president. and no, it has not been well documented on this blog.
Post by: sonofdaxjones on January 31, 2025, 10:05:51 AM
The problem with people like BAC and most of #blueanongE is that anything less than fawning praise of what they hold dear is considered an attack.
Very FanningBragish
i'm not sure i've ever said anything complimentary about joe biden. at least not from a political standpoint anyway. From the standpoint of using his giant hog to wreck Dr Jill's guts 24/7/365? sure, yes i have definitely thrust praise upon him from that standpoint. But i defy you to show me any blogposts where i said something nice about joe as a president. and no, it has not been well documented on this blog.
It's the classic #blueanongE shell game . . . I don't praise Joe Biden on a personal level (besides fantasizing about his flaccid old crank) - but when someone challenges his idiotic policies, I get all :curse: :curse:
Post by: star seed 7 on January 31, 2025, 10:11:51 AM
Post by: sonofdaxjones on January 31, 2025, 10:13:38 AM
Post by: CNS on January 31, 2025, 10:14:30 AM
Post by: steve dave on January 31, 2025, 10:14:56 AM
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Post by: star seed 7 on January 31, 2025, 10:15:36 AM
I think it’s common ground to praise the massive hog of our former president
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Also it's frequent use.
Post by: steve dave on January 31, 2025, 10:15:47 AM
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Post by: Justwin on January 31, 2025, 10:16:20 AM
Dax, I agree with you on the unsustainability of current federal deficits. When the deficit is brough to a sustainable level, it will slow GDP growth and may cause higher unemployment. The share of federal spending that net interest on the debt is scheduled to be is substantial and will be a drag on growth in the future. I've said as much in this thread.
Also, private job growth is probably slowing. It will still almost assuredly be positive for the year, but that slowing is needed for a normalization of inflation. If unemployment was 6.0% and we were seeing these private job growth numbers, that would be worrisome. With unemployment at 4.1%, not so much.
In terms of revisions, below is a table showing the revisions to the unemployment rate for Jan-Nov of 2024.
Month As First Published As Revised Change
January............. 3.7 3.7 0.0
February............ 3.9 3.9 0.0
March............... 3.8 3.9 0.1
April............... 3.9 3.9 0.0
May................. 4.0 4.0 0.0
June................ 4.1 4.1 0.0
July................ 4.3 4.2 -0.1
August.............. 4.2 4.2 0.0
September........... 4.1 4.1 0.0
October............. 4.1 4.1 0.0
November............ 4.2 4.2 0.0
These unemployment rates are based on the household survey, which tends to be less noisy than the establishment survey. The establishment survey (where job growth numbers come from) has always been subject to more revision.
Post by: sonofdaxjones on January 31, 2025, 10:16:34 AM
I love the complaints about lack of competence from Joe. Meanwhile just yesterday when asked how he know the air crash was due to DEI, Trump admitted he hadn’t looked in to the issue but knew it was DEI’s fault because he “has common sense”. I can’t wait for 4 more years of the government being run that way.
I've already said it was dumb to say that and you've got 25 other threads on this blog to melt down about it
Post by: sonofdaxjones on January 31, 2025, 10:19:43 AM
If I am now a part of blueanonGE, I don't know what blueanonGE means.
Dax, I agree with you on the unsustainability of current federal deficits. When the deficit is brough to a sustainable level, it will slow GDP growth and may cause higher unemployment. The share of federal spending that net interest on the debt is scheduled to be is substantial and will be a drag on growth in the future. I've said as much in this thread.
Also, private job growth is probably slowing. It will still almost assuredly be positive for the year, but that slowing is needed for a normalization of inflation. If unemployment was 6.0% and we were seeing these private job growth numbers, that would be worrisome. With unemployment at 4.1%, not so much.
In terms of revisions, below is a table showing the revisions to the unemployment rate for Jan-Nov of 2024.
Month As First Published As Revised Change
January............. 3.7 3.7 0.0
February............ 3.9 3.9 0.0
March............... 3.8 3.9 0.1
April............... 3.9 3.9 0.0
May................. 4.0 4.0 0.0
June................ 4.1 4.1 0.0
July................ 4.3 4.2 -0.1
August.............. 4.2 4.2 0.0
September........... 4.1 4.1 0.0
October............. 4.1 4.1 0.0
November............ 4.2 4.2 0.0
These unemployment rates are based on the household survey, which tends to be less noisy than the establishment survey. The establishment survey (where job growth numbers come from) has always been subject to more revision.
That's great, and when the numbers are broken down even further between part time and full time, what's occurring outside of the highly gov subsidized job market . . . it's not great, it's not even remotely great.
Post by: BIG APPLE CAT on January 31, 2025, 10:20:20 AM
I think it’s common ground to praise the massive hog of our former president
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exactly. i mean to be perfectly honest if don was packin some heat i would set my politics aside and give credit where its due. but several reliable primary sources have all confirmed its some weird kinda stumpy bulbous mushroom type situations down there. no thanks.
Post by: sonofdaxjones on January 31, 2025, 10:21:52 AM
Completely fixated on the topic
Post by: Justwin on January 31, 2025, 10:24:10 AM
If I am now a part of blueanonGE, I don't know what blueanonGE means.
Dax, I agree with you on the unsustainability of current federal deficits. When the deficit is brough to a sustainable level, it will slow GDP growth and may cause higher unemployment. The share of federal spending that net interest on the debt is scheduled to be is substantial and will be a drag on growth in the future. I've said as much in this thread.
Also, private job growth is probably slowing. It will still almost assuredly be positive for the year, but that slowing is needed for a normalization of inflation. If unemployment was 6.0% and we were seeing these private job growth numbers, that would be worrisome. With unemployment at 4.1%, not so much.
In terms of revisions, below is a table showing the revisions to the unemployment rate for Jan-Nov of 2024.
Month As First Published As Revised Change
January............. 3.7 3.7 0.0
February............ 3.9 3.9 0.0
March............... 3.8 3.9 0.1
April............... 3.9 3.9 0.0
May................. 4.0 4.0 0.0
June................ 4.1 4.1 0.0
July................ 4.3 4.2 -0.1
August.............. 4.2 4.2 0.0
September........... 4.1 4.1 0.0
October............. 4.1 4.1 0.0
November............ 4.2 4.2 0.0
These unemployment rates are based on the household survey, which tends to be less noisy than the establishment survey. The establishment survey (where job growth numbers come from) has always been subject to more revision.
That's great, and when the numbers are broken down even further between part time and full time, what's occurring outside of the highly gov subsidized job market . . . it's not great, it's not even remotely great.
Why is it not great?
How do you expect to get inflation under control with the levels of job growth you seemingly want?
Post by: BIG APPLE CAT on January 31, 2025, 10:24:59 AM
Post by: Trim on January 31, 2025, 10:27:33 AM
If I am now a part of blueanonGE, I don't know what blueanonGE means.
any one who dares question dax's insane ranting
Post by: Cire on January 31, 2025, 01:54:10 PM
Another crap sandwich left behind by the sock puppet president
(https://uploads.tapatalk-cdn.com/20250126/9bd0efb16181a131f919df60c76d9fd2.jpg)
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My middle school math teacher says that this is a misleading graph
Post by: sonofdaxjones on January 31, 2025, 02:17:35 PM
If I am now a part of blueanonGE, I don't know what blueanonGE means.
Dax, I agree with you on the unsustainability of current federal deficits. When the deficit is brough to a sustainable level, it will slow GDP growth and may cause higher unemployment. The share of federal spending that net interest on the debt is scheduled to be is substantial and will be a drag on growth in the future. I've said as much in this thread.
Also, private job growth is probably slowing. It will still almost assuredly be positive for the year, but that slowing is needed for a normalization of inflation. If unemployment was 6.0% and we were seeing these private job growth numbers, that would be worrisome. With unemployment at 4.1%, not so much.
In terms of revisions, below is a table showing the revisions to the unemployment rate for Jan-Nov of 2024.
Month As First Published As Revised Change
January............. 3.7 3.7 0.0
February............ 3.9 3.9 0.0
March............... 3.8 3.9 0.1
April............... 3.9 3.9 0.0
May................. 4.0 4.0 0.0
June................ 4.1 4.1 0.0
July................ 4.3 4.2 -0.1
August.............. 4.2 4.2 0.0
September........... 4.1 4.1 0.0
October............. 4.1 4.1 0.0
November............ 4.2 4.2 0.0
These unemployment rates are based on the household survey, which tends to be less noisy than the establishment survey. The establishment survey (where job growth numbers come from) has always been subject to more revision.
That's great, and when the numbers are broken down even further between part time and full time, what's occurring outside of the highly gov subsidized job market . . . it's not great, it's not even remotely great.
Why is it not great?
How do you expect to get inflation under control with the levels of job growth you seemingly want?
Why do you keep asking me questions about things I am not asking about or "demanding"?
I haven't stipulated any level of job growth - the simple fact is, the politicized "job growth" centers around government subsidized growth. Outside of that lane, job growth isn't particularly great, or even good. It's that simple.
Post by: sonofdaxjones on February 27, 2025, 06:20:34 PM
(https://uploads.tapatalk-cdn.com/20250228/5731c68837c51a0fa6c23e9582d3664e.jpg)
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Post by: wetwillie on February 27, 2025, 06:47:43 PM
Post by: LickNeckey on February 27, 2025, 06:52:35 PM
Here’s a crap sandwich, Don.
(https://uploads.tapatalk-cdn.com/20250228/5731c68837c51a0fa6c23e9582d3664e.jpg)
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Now do the graph for single family homes.
Post by: sonofdaxjones on February 27, 2025, 08:00:20 PM
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Post by: steve dave on February 27, 2025, 09:37:44 PM
The cope is real(https://uploads.tapatalk-cdn.com/20250228/dd7ba575fcf85557e42998afb4e50429.jpg)
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Post by: LickNeckey on February 27, 2025, 09:41:20 PM
Post by: CNS on February 28, 2025, 07:37:36 AM
Post by: BIG APPLE CAT on February 28, 2025, 08:16:14 AM
Post by: sonofdaxjones on February 28, 2025, 09:42:25 AM
Massive delinquency rates in MDU housing is a good thing . . . #blueanongE
Post by: LickNeckey on February 28, 2025, 10:14:48 AM
a situation that obviously was affected by the pandemic and WFH
I would anticipate that there is some relief from many companies moving away from WFH
However I would also guess that the actions of DOGE and to a far larger extent the impacts of AI will continue to reshape this sector
**(retail seems to be a driver as well as ecommerce continues to reshape that space)
Post by: wetwillie on February 28, 2025, 11:15:25 AM
Post by: Dugout DickStone on February 28, 2025, 02:57:00 PM
I think in store retail sales have nearly come back to pre pandemic levels, at least the data I've seen has shown that.
"dammit"
Party City
Post by: wetwillie on February 28, 2025, 03:05:52 PM
Post by: Dugout DickStone on March 03, 2025, 10:37:42 AM
lol wut
party city jokes are never not funny
Post by: steve dave on March 03, 2025, 11:04:52 AM
:sdeek:
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Post by: Justwin on March 03, 2025, 11:16:23 AM
That does not mean I think the GDPNow forecast is wrong or that GDP growth won't actually be -3.8%. I just mean if it ends up being that, I think it is an overreaction by a lot of consumers and businesses to the uncertainty that has been created by the Trump administration and to the threat of tariffs.
Post by: Rage Against the McKee on March 03, 2025, 11:43:36 AM
Post by: Justwin on March 03, 2025, 11:45:05 AM
Post by: Rage Against the McKee on March 03, 2025, 11:49:04 AM
From what I have read the swing in the GDPNow is being driven by an increase in imports which is driving Net Exports further negative. This increase in imports is likely due to stocking up by US importers in anticipation of tariffs. Eventually, importers will not be stocking up and Net Exports will swing the other way which will cause GDP growth to swing in the positive direction.
That makes sense to me if the tariffs don't get implemented.
Post by: Justwin on March 03, 2025, 11:50:05 AM
From what I have read the swing in the GDPNow is being driven by an increase in imports which is driving Net Exports further negative. This increase in imports is likely due to stocking up by US importers in anticipation of tariffs. Eventually, importers will not be stocking up and Net Exports will swing the other way which will cause GDP growth to swing in the positive direction.
That makes sense to me if the tariffs don't get implemented.
It would also be the case even if tariffs get implemented.
Post by: Rage Against the McKee on March 03, 2025, 11:53:45 AM
From what I have read the swing in the GDPNow is being driven by an increase in imports which is driving Net Exports further negative. This increase in imports is likely due to stocking up by US importers in anticipation of tariffs. Eventually, importers will not be stocking up and Net Exports will swing the other way which will cause GDP growth to swing in the positive direction.
That makes sense to me if the tariffs don't get implemented.
It would also be the case even if tariffs get implemented.
Probably depends on how much higher our goods end up costing, plus the effect of retaliatory tariffs.
Post by: Justwin on March 03, 2025, 11:57:14 AM
From what I have read the swing in the GDPNow is being driven by an increase in imports which is driving Net Exports further negative. This increase in imports is likely due to stocking up by US importers in anticipation of tariffs. Eventually, importers will not be stocking up and Net Exports will swing the other way which will cause GDP growth to swing in the positive direction.
That makes sense to me if the tariffs don't get implemented.
It would also be the case even if tariffs get implemented.
Probably depends on how much higher our goods end up costing, plus the effect of retaliatory tariffs.
No matter what, importers can't keep stocking up forever.
Post by: Sandstone Outcropping on March 03, 2025, 12:39:21 PM
https://x.com/atrupar/status/1896630585273241939
Post by: Rage Against the McKee on March 03, 2025, 12:46:17 PM
Post by: Sandstone Outcropping on March 03, 2025, 12:49:44 PM
Is he saying that he's putting an export tax on our agricultural products?I assume this is a retaliatory tariff from countries where we typically export our mountains of surplus commodities.
This is just basic ECON 101 stuff.
Post by: Cire on March 03, 2025, 02:14:57 PM
Post by: Dugout DickStone on March 03, 2025, 02:19:29 PM
I do not think MAGA GAF if people making under 150k a year, can't afford to buy anthing.
or that all farmers go bankrupt
Post by: Cire on March 03, 2025, 02:20:48 PM
I do not think MAGA GAF if people making under 150k a year, can't afford to buy anthing.
or that all farmers go bankrupt
Correct
Great consolodation of assets and capital is what's really going on IMO.
Post by: Sandstone Outcropping on March 03, 2025, 02:29:24 PM
https://x.com/AP/status/1896654998416625664
Post by: Sandstone Outcropping on March 03, 2025, 02:41:49 PM
Just talked to some of the guys down at the COOP and they are getting geared up to transition from producing a gajillion bushels of corn to growing bananas and avocados here in central Kansas. Gonna take the fourth graders out of class to pick the bounty (since all of the dirty brown farm workers will be deported by the time the harvest ripens). Should be pretty simple with no supply or price disruptions for anybody.
Post by: Sandstone Outcropping on March 03, 2025, 03:00:42 PM
https://x.com/atrupar/status/1896653734551151031
Post by: sonofdaxjones on March 03, 2025, 03:04:38 PM
:thumbsup:
Tim Cook pledges $500 billion in Apple investment in US production and facilities.
Post by: Sandstone Outcropping on March 04, 2025, 08:15:41 AM
This sounds more Stalinist every day.
https://x.com/GavinBade/status/1896924670236180724
Post by: Dugout DickStone on March 04, 2025, 08:18:13 AM
Post by: sonofdaxjones on March 04, 2025, 08:32:07 AM
So best pay attention
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Post by: steve dave on March 04, 2025, 09:57:07 AM
https://x.com/TheStalwart/status/1896951470727336260
Post by: cfbandyman on March 04, 2025, 10:17:38 AM
if they wanna lose their ass I don't see the problem. lose that ass
Yup, eff around, find out
Post by: Stupid Fitz on March 04, 2025, 10:22:06 AM
If tariffs are good, why stop with just 25%? Why not do 75% or 100% or 1 million percent for good measure?
https://x.com/AP/status/1896654998416625664
Completely agree. Tariffs rule so hard. Think about it. We now get a 25% tariff on stuff and they react and also now get 25% tariffs on stuff. Everyone totally wins!!!!!!!!
Post by: sonofdaxjones on March 04, 2025, 10:24:02 AM
Same dudes who had us dropping trillions on BS around the globe over the last 25 years with absolutely nothing to show for it besides $37 trillion in IOU's.
SMDH
Post by: LickNeckey on March 04, 2025, 02:06:14 PM
Post by: steve dave on March 04, 2025, 03:15:03 PM
Post by: steve dave on March 04, 2025, 03:36:14 PM
https://x.com/WatcherGuru/status/1897037571894735155
Post by: sonofdaxjones on March 04, 2025, 03:38:56 PM
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Post by: Rage Against the McKee on March 04, 2025, 03:51:59 PM
lol, lmao
https://x.com/WatcherGuru/status/1897037571894735155
That would be great news.
Post by: mocat on March 04, 2025, 03:56:09 PM
Post by: cfbandyman on March 04, 2025, 04:27:34 PM
Everything is so rough ridin' stupid
Definition of insanity. But who knows, maybe they roll it back and then put them back when someone doesn't genuflect correctly to the king
Post by: CNS on March 04, 2025, 04:34:04 PM
lol, lmao
https://x.com/WatcherGuru/status/1897037571894735155
https://www.msn.com/en-xl/news/other/ontarios-doug-ford-says-he-could-cut-electricity-to-us-over-tariffs/ar-AA1Afgju?ocid=BingNewsSerp (https://www.msn.com/en-xl/news/other/ontarios-doug-ford-says-he-could-cut-electricity-to-us-over-tariffs/ar-AA1Afgju?ocid=BingNewsSerp)
Quote
Ontario Premier Doug Ford says he's willing to cut off power supply to the US if President Donald Trump continues with tariffs against Canada.
This will make future Senator Kidd Rock look poorly to his future constituency
Post by: Sandstone Outcropping on March 04, 2025, 04:36:11 PM
If they block the flow of cold air to us next summer we will all cook (silver lining could be decreased corn surplus).lol, lmao
https://x.com/WatcherGuru/status/1897037571894735155
https://www.msn.com/en-xl/news/other/ontarios-doug-ford-says-he-could-cut-electricity-to-us-over-tariffs/ar-AA1Afgju?ocid=BingNewsSerp (https://www.msn.com/en-xl/news/other/ontarios-doug-ford-says-he-could-cut-electricity-to-us-over-tariffs/ar-AA1Afgju?ocid=BingNewsSerp)QuoteOntario Premier Doug Ford says he's willing to cut off power supply to the US if President Donald Trump continues with tariffs against Canada.
This will make future Senator Kidd Rock look poorly to his future constituency
Post by: CNS on March 04, 2025, 04:38:09 PM
Quote
Speaking on Monday to press, Ford said: "If they want to try to annihilate Ontario, I will do everything — including cut off their energy with a smile on my face. They rely on our energy, they need to feel the pain. They want to come at us hard, we’re going to come back twice as hard."
Post by: cfbandyman on March 04, 2025, 04:45:03 PM
Post by: steve dave on March 05, 2025, 07:30:38 AM
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Post by: Dugout DickStone on March 05, 2025, 08:45:55 AM
lol, lmao
https://x.com/WatcherGuru/status/1897037571894735155
my predictions remain undefeated.
Post by: sonofdaxjones on March 05, 2025, 09:02:50 AM
https://x.com/mylesudland/status/1897275628380139894?s=46
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Should just keep on Biden'ing
Then in August wipe 800k to 1 million jobs off the books and state they never really existed
Post by: LickNeckey on March 05, 2025, 09:56:13 AM
Post by: mocat on March 05, 2025, 10:31:40 AM
https://x.com/mylesudland/status/1897275628380139894?s=46
maybe @Justwin can let employers know they're overreacting?
Post by: Justwin on March 05, 2025, 11:55:11 AM
https://x.com/mylesudland/status/1897275628380139894?s=46
maybe @Justwin can let employers know they're overreacting?
Businesses, along with investors, do typically overreact to the news cycle. There is a reason a book entitled Predictably Irrational exists.
However, an ADP report about 77,000 jobs being created vs GDP growth swinging from 2.3% to -2.8% are not really comparable.
Post by: CNS on March 05, 2025, 12:38:20 PM
https://www.vox.com/politics/402530/trump-tariffs-canada-mexico-explanation
My inbox currently contains emails from my 4 primary wholesaler or manufacturers that I purchase from. Each email tells me that as of now their products have a 25% tariff surcharge, you
know, just like Dipshit explained how tariffs work to all the dummies.
Post by: Stupid Fitz on March 05, 2025, 12:47:05 PM
https://www.vox.com/politics/402530/trump-tariffs-canada-mexico-explanation
My inbox currently contains emails from my 4 primary wholesaler or manufacturers that I purchase from. Each email tells me that as of now their products have a 25% tariff surcharge, you
know, just like Dipshit explained how tariffs work to all the dummies.
Yeah, but now you get to charge 25% more. Everyone wins.
Post by: Justwin on March 05, 2025, 12:49:27 PM
https://www.vox.com/politics/402530/trump-tariffs-canada-mexico-explanation
My inbox currently contains emails from my 4 primary wholesaler or manufacturers that I purchase from. Each email tells me that as of now their products have a 25% tariff surcharge, you
know, just like Dipshit explained how tariffs work to all the dummies.
I got an email from one of our wholesalers that said not to worry, we will cover all of the tariffs.
Post by: michigancat on March 05, 2025, 12:58:38 PM
https://www.vox.com/politics/402530/trump-tariffs-canada-mexico-explanation
My inbox currently contains emails from my 4 primary wholesaler or manufacturers that I purchase from. Each email tells me that as of now their products have a 25% tariff surcharge, you
know, just like Dipshit explained how tariffs work to all the dummies.
I got an email from one of our wholesalers that said not to worry, we will cover all of the tariffs.
They have been overcharging you for a while!
I think the biggest problem of all is that the rates and countries and products impacted seem to change day by day with little rhyme or reason. Makes it almost impossible to plan unless a supplier guarantees they will cover all tariffs (as if they know how they will ultimately end up).
Post by: Justwin on March 05, 2025, 01:08:00 PM
https://www.vox.com/politics/402530/trump-tariffs-canada-mexico-explanation
My inbox currently contains emails from my 4 primary wholesaler or manufacturers that I purchase from. Each email tells me that as of now their products have a 25% tariff surcharge, you
know, just like Dipshit explained how tariffs work to all the dummies.
I got an email from one of our wholesalers that said not to worry, we will cover all of the tariffs.
They have been overcharging you for a while!
I think the biggest problem of all is that the rates and countries and products impacted seem to change day by day with little rhyme or reason. Makes it almost impossible to plan unless a supplier guarantees they will cover all tariffs (as if they know how they will ultimately end up).
There is no way they have been overcharging. They are less than other wholesalers. The industry that I am talking about is fireworks and it can be different from a lot of other industries.
Part of it is that their wholesale business is there to provide more volume to get better pricing for their retail business. Another part of it is that I imagine they have a lot of stock and don't want to get stuck with it after this year's season. If the tariffs stick around for another year, I would imagine that they will not be covering tariffs for the 2026 season.
Post by: Trim on March 05, 2025, 01:12:07 PM
Post by: mocat on March 05, 2025, 01:14:01 PM
Post by: michigancat on March 05, 2025, 01:17:59 PM
https://www.vox.com/politics/402530/trump-tariffs-canada-mexico-explanation
My inbox currently contains emails from my 4 primary wholesaler or manufacturers that I purchase from. Each email tells me that as of now their products have a 25% tariff surcharge, you
know, just like Dipshit explained how tariffs work to all the dummies.
I got an email from one of our wholesalers that said not to worry, we will cover all of the tariffs.
They have been overcharging you for a while!
I think the biggest problem of all is that the rates and countries and products impacted seem to change day by day with little rhyme or reason. Makes it almost impossible to plan unless a supplier guarantees they will cover all tariffs (as if they know how they will ultimately end up).
There is no way they have been overcharging. They are less than other wholesalers. The industry that I am talking about is fireworks and it can be different from a lot of other industries.
Part of it is that their wholesale business is there to provide more volume to get better pricing for their retail business. Another part of it is that I imagine they have a lot of stock and don't want to get stuck with it after this year's season. If the tariffs stick around for another year, I would imagine that they will not be covering tariffs for the 2026 season.
Yeah that makes sense. I imagine fireworks waaaay different
Post by: star seed 7 on March 05, 2025, 01:36:30 PM
Post by: sonofdaxjones on March 05, 2025, 03:24:01 PM
Post by: CNS on March 05, 2025, 03:26:57 PM
I absolutely never would have guessed jw is a fireworker
Family used to drive KC to Mississippi coast a couple times a year when I was a kid. Driving through southern MO, all of Arkansas, and all of MS, you pretty much always see fireworks and pecans sold at the same roadsides.
Post by: star seed 7 on March 05, 2025, 03:58:02 PM
I absolutely never would have guessed jw is a fireworker
Family used to drive KC to Mississippi coast a couple times a year when I was a kid. Driving through southern MO, all of Arkansas, and all of MS, you pretty much always see fireworks and pecans sold at the same roadsides.
:surprised:
Post by: steve dave on March 06, 2025, 09:04:42 AM
Post by: star seed 7 on March 06, 2025, 09:11:34 AM
Post by: sonofdaxjones on March 06, 2025, 09:13:46 AM
10,000% on brand
Post by: steve dave on March 06, 2025, 09:54:59 AM
Post by: sonofdaxjones on March 06, 2025, 10:08:47 AM
Also #blueanongE: The stock market is the economy!!
Post by: sonofdaxjones on March 06, 2025, 10:10:18 AM
Post by: Stupid Fitz on March 06, 2025, 10:12:30 AM
CNBC: But wages here are higher. How will firms stay competitive?
Lutnick: Because robots.
rough ridin' 17D chess being played here boys.
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Post by: sonofdaxjones on March 06, 2025, 10:13:23 AM
#blueanon: Fighting hard for President Xi
Post by: sonofdaxjones on March 06, 2025, 10:16:32 AM
-We don't pay one bit of attention to the Trump administration calling for an even playing field in trade
-We prefer that other countries continue to make US products non-competitive in their markets due to tariffs and VAT's
#blueanon/#blueanongE: Only for 'Merica when it fits their political agenda :thumbsup:
Post by: steve dave on March 06, 2025, 10:16:36 AM
#blueanongE: The stock market is not the economy!!
Also #blueanongE: The stock market is the economy!!
based off the last 4 years #blueanongE would be smart to say that the stock market is the economy. not sure what their problem is.
Post by: steve dave on March 06, 2025, 10:16:49 AM
https://x.com/politico/status/1897680628214026715
Post by: Stupid Fitz on March 06, 2025, 10:17:14 AM
People like StupidFitz are going to fight to the death to keep GeoStrategic manufacturing off shored . . . cus Trump
#blueanon: Fighting hard for President Xi
I'm actually very pro robot Dax. I'm offended you think otherwise.
Post by: sonofdaxjones on March 06, 2025, 10:18:10 AM
#blueanongE: The stock market is not the economy!!
Also #blueanongE: The stock market is the economy!!
based off the last 4 years #blueanongE would be smart to say that the stock market is the economy. not sure what their problem is.
The economy and thus the market (using your logic) was buyoed by all time Federal government spending, which included spending down $1 trillion in treasury reserves and borrowing an additional $8 trillion dollars.
In no world is that sustainable
Post by: sonofdaxjones on March 06, 2025, 10:20:22 AM
People like StupidFitz are going to fight to the death to keep GeoStrategic manufacturing off shored . . . cus Trump
#blueanon: Fighting hard for President Xi
I'm actually very pro robot Dax. I'm offended you think otherwise.
. . . you left out very pro ChiCom
Again, you're going to fight the re-homing of GeoStrategic manufacturing every step of the way, and you're going to cuck to foreign countries and their unfair trade practices as it pertains to the US, cus of Trump.
How feeble and sad
Post by: steve dave on March 06, 2025, 10:20:38 AM
#blueanongE: The stock market is not the economy!!
Also #blueanongE: The stock market is the economy!!
based off the last 4 years #blueanongE would be smart to say that the stock market is the economy. not sure what their problem is.
The economy and thus the market (using your logic) was buyoed by all time Federal government spending, which included spending down $1 trillion in treasury reserves and borrowing an additional $8 trillion dollars.
In no world is that sustainable
lmao
https://x.com/mmcassella/status/1897669470853714213
Post by: sonofdaxjones on March 06, 2025, 10:23:04 AM
#blueanongE: The stock market is not the economy!!
Also #blueanongE: The stock market is the economy!!
based off the last 4 years #blueanongE would be smart to say that the stock market is the economy. not sure what their problem is.
The economy and thus the market (using your logic) was buyoed by all time Federal government spending, which included spending down $1 trillion in treasury reserves and borrowing an additional $8 trillion dollars.
In no world is that sustainable
lmao
https://x.com/mmcassella/status/1897669470853714213
I don't have the slightest idea what that has to do with what I just reminded you of . . . DeflectoSteve gonna DeflectoSteve
Post by: steve dave on March 06, 2025, 10:30:28 AM
#blueanongE: The stock market is not the economy!!
Also #blueanongE: The stock market is the economy!!
based off the last 4 years #blueanongE would be smart to say that the stock market is the economy. not sure what their problem is.
The economy and thus the market (using your logic) was buyoed by all time Federal government spending, which included spending down $1 trillion in treasury reserves and borrowing an additional $8 trillion dollars.
In no world is that sustainable
lmao
https://x.com/mmcassella/status/1897669470853714213
I don't have the slightest idea what that has to do with what I just reminded you of . . . DeflectoSteve gonna DeflectoSteve
(https://i.imgflip.com/9mh978.jpg)
Post by: star seed 7 on March 06, 2025, 10:33:19 AM
Post by: sonofdaxjones on March 06, 2025, 10:37:35 AM
:lol: :lol: :lol:
Also the same person who is trying to tie exclusively - what amounts to 1% to 2% drops in stock price of megacorps (in most cases) to some sort of political figure head driven major calamity. :lol: :lol: :lol:
:lol: :lol: :lol: @stevedave
#deflectostevin at 14/7 levels this morning
Post by: Sandstone Outcropping on March 06, 2025, 10:49:42 AM
So stupid. This back and forth uncertainty is bad for the economy.
https://x.com/axios/status/1897690347771171012
Post by: sonofdaxjones on March 06, 2025, 10:55:03 AM
The only thing supporting their cuck level logic is that they hate Trump. Intellectually incapable of putting into words why such policies against US trade are acceptable.
Also intellectually incapable of explaining how invoking unfair trade tariffs and VATS against US goods make countries who do that "good allies".
Note to any accreditation bodies who may be viewing this blog: Please do not hold this lack of intellectual prowess against The Kansas State University. Thank you
Post by: cfbandyman on March 06, 2025, 10:56:41 AM
omg :lol:
https://x.com/politico/status/1897680628214026715
The trying to have the cake and eat it too and seeing it play out in real time is really funny. They have to constantly bow down to their oligarchs who keep getting mad at him for rough ridin' with their $$$.
Why he's not actually going to do anything, and tariffs also are only going to hurt consumers AND investors. And it's only kinda sinking in. And LOL at them not watching the stock market. He's probably being reminded every 10 minutes.
Post by: wetwillie on March 06, 2025, 11:01:32 AM
Post by: sonofdaxjones on March 06, 2025, 11:02:52 AM
Use adult level words
Note to viewers: Just because #blueanon/#blueanongE melts down about every little thing, doesn't make every thing a failure. Intelligent people recognize this
Post by: wetwillie on March 06, 2025, 11:10:06 AM
Turning an easy W with Zelensky into a shouting match in the Oval
Throwing their hands up in the air on domestic inflation which they said they would fix day one
rough ridin' around with Tarif
Post by: Dugout DickStone on March 06, 2025, 11:21:19 AM
Post by: sonofdaxjones on March 06, 2025, 11:22:26 AM
Firing federal workers responsible for nukes and then scrambling to re hire them - There were still 1500 plus people working with that agency - plus the military has scads of nuclear security
Turning an easy W with Zelensky into a shouting match in the Oval How can any intelligent person say it was an "Easy W" when Zelensky's own people were crying and crestfallen over the actions of the coke vacuum?
Throwing their hands up in the air on domestic inflation which they said they would fix day one Why do you not hold #blueanon politicians to the same standard you hold Republicans? Why did inflation need to be fixed? . . .and no amount of #blueanon/#blueanongE mansplaining is going to detract from the fact that inflation was and still is an issue.
rough ridin' around with Tarif - So one thing. Check, go it. :thumbsup: #blueanongE still intellectually incapable of explaining why other countries treating the US unfairly is acceptable, nor a single intelligent explanation as to why them doing that still makes them a good ally
Post by: Dugout DickStone on March 06, 2025, 11:28:12 AM
Post by: catastrophe on March 06, 2025, 11:32:31 AM
#blueanongE steadfastly refuses to answer why its acceptable for other countries to install so many unfair trade practices against the United States.My 401k has been hating Trump’s guts recently I guess.
The only thing supporting their cuck level logic is that they hate Trump. Intellectually incapable of putting into words why such policies against US trade are acceptable.
Also intellectually incapable of explaining how invoking unfair trade tariffs and VATS against US goods make countries who do that "good allies".
Note to any accreditation bodies who may be viewing this blog: Please do not hold this lack of intellectual prowess against The Kansas State University. Thank you
Post by: sonofdaxjones on March 06, 2025, 11:33:35 AM
the tariffs were fake crap for idiots and a way to sell exceptions since day 1
That still doesn't even remotely answer my question.
I am just fascinated by this #blueanongE logic, particularly as said by that giant derp Sandstone. A good ally promotes an even trading playing field, particularly an ally which sleeps on the warm comfy blanket of US military power. How can you call someone as good ally who takes and takes, and the reciprocates by tossing huge tariffs and VATS on US goods?
Well you can say that's a good ally . . .and when you do you sound like a massive dipshit.
Post by: sonofdaxjones on March 06, 2025, 11:35:09 AM
#blueanongE steadfastly refuses to answer why its acceptable for other countries to install so many unfair trade practices against the United States.My 401k has been hating Trump’s guts recently I guess.
The only thing supporting their cuck level logic is that they hate Trump. Intellectually incapable of putting into words why such policies against US trade are acceptable.
Also intellectually incapable of explaining how invoking unfair trade tariffs and VATS against US goods make countries who do that "good allies".
Note to any accreditation bodies who may be viewing this blog: Please do not hold this lack of intellectual prowess against The Kansas State University. Thank you
Sounds like a big you problem.
Also failure to spot buying opportunities :frown:
There's an entire truckload of issues facing stocks that go well beyond Don Trump. Smart people understand this.
Post by: Dugout DickStone on March 06, 2025, 11:38:26 AM
Post by: sonofdaxjones on March 06, 2025, 11:39:32 AM
They're not laughing dug, only a hyperpartisan derp thinks that.
SlowDuggin: Still not intellectually capable of answering relevant questions :frown:
Post by: sonofdaxjones on March 06, 2025, 11:46:10 AM
Amazon projected a lower first quarter even before Don Trump took office, and the street isn't entirely pleased with AWS's performance . . . #blueaongE - That's on Don Trump
Why has AWS been hampered, AI chip logistics. Don Trump - Working hard to bolster CHIP production in the United States.
But in #blueanon/#blueanongE world - Amazon being down a little is all on Don Trump.
DerpCon Level One thy name is #blueanongE
Post by: wetwillie on March 06, 2025, 12:00:07 PM
Post by: Sandstone Outcropping on March 06, 2025, 12:04:42 PM
Post by: Sandstone Outcropping on March 06, 2025, 12:05:37 PM
He's done some good stuff too, I like the Gulf of America thing. Securing the southern border is a win too imo.can you explain this?
Post by: wetwillie on March 06, 2025, 12:12:07 PM
Post by: mocat on March 06, 2025, 12:13:03 PM
Post by: wetwillie on March 06, 2025, 12:21:54 PM
Post by: cfbandyman on March 06, 2025, 12:23:12 PM
Post by: Sandstone Outcropping on March 06, 2025, 12:49:39 PM
I love America mostlyfair enough
Post by: sonofdaxjones on March 06, 2025, 01:07:45 PM
Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
Post by: bucket on March 06, 2025, 01:11:54 PM
Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
I think that's perfectly reasonable. Hold talks before implementing tariffs. The rhetoric is psychotic. The back and forth is a self-inflicted wound.
Post by: Stevesie60 on March 06, 2025, 03:06:16 PM
Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
I think that's perfectly reasonable. Hold talks before implementing tariffs. The rhetoric is psychotic. The back and forth is a self-inflicted wound.
This. Even if someone agrees with all of Trump's policies, the rolling out, cutting back, rolling out, wait no we're not implementing them, firing people, scrambling to hire them back, cutting funding to Ebola research/prevention, then laughing about how they did that on accident, is so rough ridin' stupid. You really think this dude and his administration is capable of playing 4D chess? They don't even have the foresight to see the consequences of some of their actions that a four year old could have seen. And I'm only talking about the consequences that they themselves acknowledge.
Post by: Stupid Fitz on March 06, 2025, 03:09:36 PM
Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
I think that's perfectly reasonable. Hold talks before implementing tariffs. The rhetoric is psychotic. The back and forth is a self-inflicted wound.
This. Even if someone agrees with all of Trump's policies, the rolling out, cutting back, rolling out, wait no we're not implementing them, firing people, scrambling to hire them back, cutting funding to Ebola research/prevention, then laughing about how they did that on accident, is so rough ridin' stupid. You really think this dude and his administration is capable of playing 4D chess? They don't even have the foresight to see the consequences of some of their actions that a four year old could have seen. And I'm only talking about the consequences that they themselves acknowledge.
Makes you pretty surprised that until getting lucky with a reality show and a Republican grift, he managed to bankrupt almost every company he had. :dunno:
Post by: Stevesie60 on March 06, 2025, 03:21:34 PM
Post by: cfbandyman on March 06, 2025, 03:22:03 PM
Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
That is 99% of your posts, wanting fair trade deals is "fine" doing this is, chaotic and if anything, only going to dig peoples heals in more. What you want is gibberish to be policy.
Post by: sonofdaxjones on March 06, 2025, 03:38:09 PM
Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
That is 99% of your posts, wanting fair trade deals is "fine" doing this is, chaotic and if anything, only going to dig peoples heals in more. What you want is gibberish to be policy.
I don't think I've stated anything more complex than wanting a level playing field.
Said it in very simple terms as well.
I will continue to :lol: :lol: :lol: and make fun of people who want to see the US get taken advantage of because they're weak and have low self esteem, and worry what other people think about us all the time.
Post by: BIG APPLE CAT on March 06, 2025, 08:33:25 PM
Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
That is 99% of your posts, wanting fair trade deals is "fine" doing this is, chaotic and if anything, only going to dig peoples heals in more. What you want is gibberish to be policy.
I don't think I've stated anything more complex than wanting a level playing field.
Said it in very simple terms as well.
I will continue to :lol: :lol: :lol: and make fun of people who want to see the US get taken advantage of because they're weak and have low self esteem, and worry what other people think about us all the time.
Dax you’ve never spoken plainly about anything ever on this blog. Link? Literally every post you’ve made in the pit. Tens of thousands to choose from.
Post by: steve dave on March 06, 2025, 08:35:09 PM
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Post by: Sandstone Outcropping on March 06, 2025, 08:39:45 PM
(https://i.imgur.com/yACFycR.png)
Post by: steve dave on March 07, 2025, 07:31:44 AM
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Post by: sonofdaxjones on March 07, 2025, 07:43:33 AM
BAC - you are a pinnacle deflectobot and I had to develop a special algorithm just to make any sense out of the majority of your weird responses to me.Dax capping for tariffs when they're bad and do nothing but cause the same to happen in reverse and telling everyone else they're dumb cause "well they're trying something!" is peak dax. He's so go at negotiating dont just rock the boat with the gun against your own and eve4ry ones head is a weird opening line. Guess it proves we are that crazy we just might do it again
What does this gibberish even mean?
All I am asking for is simply an even playing field in trade . . . particularly from those countries who rely on US military might to protect them at the US taxpayer expense.
That is 99% of your posts, wanting fair trade deals is "fine" doing this is, chaotic and if anything, only going to dig peoples heals in more. What you want is gibberish to be policy.
I don't think I've stated anything more complex than wanting a level playing field.
Said it in very simple terms as well.
I will continue to :lol: :lol: :lol: and make fun of people who want to see the US get taken advantage of because they're weak and have low self esteem, and worry what other people think about us all the time.
Dax you’ve never spoken plainly about anything ever on this blog. Link? Literally every post you’ve made in the pit. Tens of thousands to choose from.
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Post by: sonofdaxjones on March 07, 2025, 07:46:58 AM
jobs miss but not bad. dax, thoughts on the revision down of last month’s number? lmao
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Is this a month later revision or an 8 or 9 months later revision which ostensibly wiped out all private sector job creation over the previous year? Numbers that were touted and parroted repeatedly in a re-election bid.
Or something else?
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Post by: wetwillie on March 07, 2025, 08:13:04 AM
Post by: steve dave on March 07, 2025, 08:25:07 AM
Damn, hasn't taken long to kill job growth under this new adminIt sucks because all we had to do was “nothing” and we decided to instead fire off our crotch tazer
Post by: Sandstone Outcropping on March 07, 2025, 08:50:51 AM
I'm already missing the rip roarin' economy we had under the regime of Sleepy Joe.Damn, hasn't taken long to kill job growth under this new adminIt sucks because all we had to do was “nothing” and we decided to instead fire off our crotch tazer
Post by: sonofdaxjones on March 07, 2025, 08:53:17 AM
The fact that extremely low self esteem #blueanongE avoids that reality, once again has me fearful for The Kansas State University and its accreditation status.
Edit to mention the fact that almost all job growth was in highly government subsidized sectors.
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Post by: wetwillie on March 07, 2025, 09:17:32 AM
Post by: steve dave on March 08, 2025, 12:57:52 PM
https://x.com/ericldaugh/status/1898382951194214514?s=46
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Post by: IPA4Me on March 08, 2025, 01:21:15 PM
God these people are idiotsWe don't send our brightest to Washington.
https://x.com/ericldaugh/status/1898382951194214514?s=46
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Post by: sonofdaxjones on March 11, 2025, 08:02:14 AM
https://twitter.com/realejantoni/status/1899435520075206950?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: Rage Against the McKee on March 11, 2025, 08:51:29 AM
Post by: GregKSU1027 on March 11, 2025, 08:56:20 AM
Post by: bucket on March 11, 2025, 08:59:10 AM
Post by: Sandstone Outcropping on March 11, 2025, 09:03:51 AM
I’m beginning to think the last election wasn’t about eggs"Day One" was to be taken seriously, not literally, I guess.
I'm sure we will be getting lots of clarification from Regime Media over the next 12 - 24 hrs.
Also, prepare to learn about how a stock market collapse is good, actually.
Post by: sonofdaxjones on March 11, 2025, 09:23:38 AM
(https://assets.grok.com/anon-users/681b0742-8263-4277-b7a2-d5d3b6a72259/YHBfHBuJsfOdnujl-generated_image.jpg)
Post by: Cire on March 11, 2025, 11:03:43 AM
Post by: Sandstone Outcropping on March 11, 2025, 11:10:01 AM
Post by: Sandstone Outcropping on March 11, 2025, 11:33:42 AM
https://x.com/mattgaetz/status/1899474074570498462
Post by: sonofdaxjones on March 11, 2025, 11:41:10 AM
Post by: wetwillie on March 11, 2025, 12:28:09 PM
Post by: steve dave on March 11, 2025, 01:57:14 PM
Post by: steve dave on March 11, 2025, 02:00:51 PM
(https://pbs.twimg.com/media/Glx53P5XcAA4e0q?format=jpg&name=medium)
Post by: sonofdaxjones on March 11, 2025, 03:44:04 PM
You guys are having a total meltdown over a market that's down 4%
Also :lol: :lol: :lol: at completely ignoring the actual business environment headwinds and competition that some major stocks are facing.
It's literally DerpConOne all day every day with #blueanon/#blueanongE
Straight up :lol: :lol: :lol: @ The Economist . . . how can you be an "economist" and just flat out ignore $28 trillion dollars, an all time record level of Federal spending (with all time record debt issuance) being injected into the economy. The refusal to even acknowledge that reality is just :facepalm: :facepalm: but expected.
This is how derp ass the Economist is: "Time to Lift Syria's sanctions" . . . they literally want sanctions off a terrorist government currently engaged in genocide (again) :frown:
Post by: wetwillie on March 11, 2025, 04:34:33 PM
Post by: sonofdaxjones on March 11, 2025, 04:40:42 PM
Example One: When Chinese AI gets launched, does that impact NVIDIA?
Amazon gave guidance in December on the 1st quarter, and the street doesn't like the performance of AWS - Example Two
On both issues, the Trump administration is working to provide major relief to both entities in the form CHIP logistics and manufacturing.
But hyperpartisan derps are going to say it's all Trump and tariffs
Post by: Dugout DickStone on March 11, 2025, 10:43:39 PM
He literally could have announced deregulation, drill baby drill, and the VISA's for high skilled labor and sat back and watched the rocket ship take off.
why would he announce the only things he ran on?
Post by: CNS on March 12, 2025, 07:03:06 AM
Post by: Sandstone Outcropping on March 12, 2025, 07:48:15 AM
how it started / how it's going
(https://pbs.twimg.com/media/Glx53P5XcAA4e0q?format=jpg&name=medium)
"I'm kicking my ass!!!!"
(https://media1.tenor.com/m/XqI3d9YFKjIAAAAd/tenor.gif)
Post by: sonofdaxjones on March 12, 2025, 08:04:46 AM
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Post by: Sandstone Outcropping on March 12, 2025, 08:36:17 AM
https://x.com/ericadyork/status/1899523970342302108
Post by: sonofdaxjones on March 12, 2025, 08:46:01 AM
I want the US to forever be the guy in the chair in the corner . . . Sandstone
Post by: Cire on March 12, 2025, 09:25:59 AM
Dr. Ej Antonini on twitter real news
Post by: sonofdaxjones on March 12, 2025, 09:28:29 AM
Economist fake news
Dr. Ej Antonini on twitter real news
I am going to keep posting things from him (using actual government data 99% of the time) as long as you continue to melt down about him.
The Economist is literally pushing an opinion that we need to lift sanctions off a terrorist controlled state. A terrorist controlled state where the Biden Admin installed the terrorists into power.
Post by: Justwin on March 12, 2025, 10:17:24 AM
Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).
I want the US to forever be the guy in the chair in the corner . . . Sandstone
What are the unfair trade practices of Canada?
Post by: star seed 7 on March 12, 2025, 10:19:13 AM
Post by: sonofdaxjones on March 12, 2025, 10:22:07 AM
Dax thinks we're the guy in the chair but really we are the guy who owns the hotel
StalkerBot.7: Where fantasy never - ever becomes reality
Post by: sonofdaxjones on March 12, 2025, 10:31:05 AM
Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).
I want the US to forever be the guy in the chair in the corner . . . Sandstone
What are the unfair trade practices of Canada?
Canada is subsidizing and dumping lumber into the US
There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years. The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.
Post by: steve dave on March 12, 2025, 10:52:31 AM
Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).
I want the US to forever be the guy in the chair in the corner . . . Sandstone
What are the unfair trade practices of Canada?
Canada is subsidizing and dumping lumber into the US
There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years. The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.
the fuckin' last thing we need is cheap canadian lumber and milk
Post by: sonofdaxjones on March 12, 2025, 10:55:50 AM
Thanks for your input, Steve :thumbsup:
Post by: Dugout DickStone on March 12, 2025, 11:04:42 AM
Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).
I want the US to forever be the guy in the chair in the corner . . . Sandstone
What are the unfair trade practices of Canada?
Canada is subsidizing and dumping lumber into the US
There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years. The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.
the fuckin' last thing we need is cheap canadian lumber and milk
Those things enrage me!
Man who doesn’t talk to girls
Post by: sonofdaxjones on March 12, 2025, 11:26:52 AM
Post by: Justwin on March 12, 2025, 11:49:34 AM
Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).
I want the US to forever be the guy in the chair in the corner . . . Sandstone
What are the unfair trade practices of Canada?
Canada is subsidizing and dumping lumber into the US
There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years. The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.
My understanding is that there is already a 14.54% anti-subsidy and anti-dumping tariff rate. Is that not high enough? If not, what does it need to be to be fair?
My understanding on the dairy situation is that the US does not currently meet its maximum of tariff-free dairy and dairy products. As a result, US producers are not paying any tariffs to Canada.
Post by: sonofdaxjones on March 12, 2025, 12:12:04 PM
Sandstone . . . fighting the good fight against equal and fair trade practices between the United States (the protector) and its allies (the protected . . . or in one case, a major facilitator of entities who do great harm to the United States).
I want the US to forever be the guy in the chair in the corner . . . Sandstone
What are the unfair trade practices of Canada?
Canada is subsidizing and dumping lumber into the US
There's also a huge debate on dairy products, the weird thing is, it was Democrats in dairy producing states who have been crying the loudest over the last few years. The usual anti-Trump #blueanon go to media outlets are doing the usual best to white wash the dairy component.
My understanding is that there is already a 14.54% anti-subsidy and anti-dumping tariff rate. Is that not high enough? If not, what does it need to be to be fair?
My understanding on the dairy situation is that the US does not currently meet its maximum of tariff-free dairy and dairy products. As a result, US producers are not paying any tariffs to Canada.
1. On dairy, I am just going to what Dems Senators have said over the last few years
Wisconsin dairy farmers work hard every day to bring world class products to market, and they deserve a level playing field with their global competitors. This decision flies in the face of the agreement our country made with Canada and puts our Made in Wisconsin dairy products at a disadvantage
The dispute settlement mechanism included in USMCA is intended to bring resolutions to trade disputes quickly and fairly. Last year, a dispute settlement panel brought under USMCA found that Canada was reserving its dairy tariff-rate quota (TRQ) for the exclusive use of Canadian processors, in violation of commitments to dairy market access under USMCA. Despite the ruling, Canada did not make the necessary reforms to its TRQ procedures.
https://www.baldwin.senate.gov/news/press-releases/baldwin-blasts-decision-to-allow-canadas-unfair-dairy-trade-practices-to-stand-hurting-wisconsin-farmers
2. On Lumber, I am just going by what the US Lumber suppliers association is saying
https://uslumbercoalition.org/press-release/u-s-lumber-coalition-applauds-trump-administrations-strong-enforcement-of-the-u-s-trade-laws-against-egregious-levels-of-unfair-trade-by-canada-in-softwood-lumber/
https://uslumbercoalition.org/issues/canadian-subsidies-dumping/
Seems like this is a lot more nuanced . . . but that nuance is just shouted down by the Big Mad machine of #blueanon/#blueanongE
Post by: Justwin on March 12, 2025, 12:56:40 PM
This journal article indicates that the dairy market in Canada has been liberalized a fair bit by USMCA and trade disputes have been settled pretty well under USMCA procedures.
https://www.sciencedirect.com/science/article/pii/S0306919225000053#
Personally, I think a 14.54% tariff on lumber from Canada is enough. The Department of Commerce agreed with that last August.
Overall, if there are trade issues with Canada or Mexico, why not wait until the 2026 review of USMCA to address them?
Post by: sonofdaxjones on March 12, 2025, 01:01:41 PM
I agree that there is a lot of nuance of the Canadian trade issues. However, I substantially discount what a senator from Wisconsin has to say on dairy and almost completely disregard the US Lumber Coalition's statements on lumber tariffs.
This journal article indicates that the dairy market in Canada has been liberalized a fair bit by USMCA and trade disputes have been settled pretty well under USMCA procedures.
https://www.sciencedirect.com/science/article/pii/S0306919225000053#
Personally, I think a 14.54% tariff on lumber from Canada is enough. The Department of Commerce agreed with that last August.
Overall, if there are trade issues with Canada or Mexico, why not wait until the 2026 review of USMCA to address them?
One - Thank you for openly admitting that this is far more complex than "Don Trump bad" which is the standard screed of #blueanon
As far as "why not wait" . . . you'll have to ask Don Trump
You also did not touch the claims by the lumber association.
I appreciate how claims by our legislators are to be dismissed . . . I'll keep that in mind going down the line on this blog.
Post by: Sandstone Outcropping on March 12, 2025, 02:58:40 PM
Post by: sonofdaxjones on March 12, 2025, 03:08:06 PM
Please also provide a list of countries where what you just posted didn't work, and provide a definition of "Import Substitution and Industrialization" in your own words
Post by: Rage Against the McKee on March 12, 2025, 04:08:21 PM
Dax thinks we're the guy in the chair but really we are the guy who owns the hotel
Not for much longer.
Post by: sonofdaxjones on March 12, 2025, 05:20:17 PM
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Post by: sonofdaxjones on March 12, 2025, 05:20:36 PM
https://twitter.com/johncomiskey77/status/1899930221417292004?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: Sandstone Outcropping on March 13, 2025, 03:11:38 PM
Wrecking the economy for no reason to prove that the Biden economy was worse than everyone thought.
https://x.com/atrupar/status/1900278048584351954
Post by: sonofdaxjones on March 13, 2025, 04:31:29 PM
All to get tepid GDP growth, cooked book job "growth", get the "we'll know a recession when we see it" junta to not call a recession a recession, and to struggle bus through 4 years of Shroom Yellen's transitory inflation. :thumbsup:
Edit: Forgot to mention draining the SPR in order to buy votes.
Post by: steve dave on March 13, 2025, 08:57:35 PM
https://x.com/cgasparino/status/1900348325687144628?s=46
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Post by: wetwillie on March 13, 2025, 10:07:36 PM
Post by: Sandstone Outcropping on March 14, 2025, 07:16:51 AM
Post by: sonofdaxjones on March 14, 2025, 09:48:39 AM
As if this the first time a potential shift in national economic policy hasn't caused business entities to put things on pause.
Insert Jen Psaki telling pipeline builders and suppliers that they can always find other work or other customers here . . . (one example)
Cue - #blueanongE trying to tell us about oil production during the Biden years, while also completely avoiding World at War: The Biden Years - driving up oil prices, thus making oil more profitable. Democrats: Make Big Oil - Even Bigger via war and international disorder (also avoiding Joe's war on LNG production and exporting)
Post by: Cire on March 14, 2025, 10:40:25 AM
The greatest part about this whole thing is watching the meltdowns from both the drama queens in residence and those out in the social media space.
As if this the first time a potential shift in national economic policy hasn't caused business entities to put things on pause.
Insert Jen Psaki telling pipeline builders and suppliers that they can always find other work or other customers here . . . (one example)
Cue - #blueanongE trying to tell us about oil production during the Biden years, while also completely avoiding World at War: The Biden Years - driving up oil prices, thus making oil more profitable. Democrats: Make Big Oil - Even Bigger via war and international disorder (also avoiding Joe's war on LNG production and exporting)
psaki said that when the economy was kicking butt dax
context matters, even if it is hard for you to understand
Post by: sonofdaxjones on March 14, 2025, 01:55:59 PM
The greatest part about this whole thing is watching the meltdowns from both the drama queens in residence and those out in the social media space.
As if this the first time a potential shift in national economic policy hasn't caused business entities to put things on pause.
Insert Jen Psaki telling pipeline builders and suppliers that they can always find other work or other customers here . . . (one example)
Cue - #blueanongE trying to tell us about oil production during the Biden years, while also completely avoiding World at War: The Biden Years - driving up oil prices, thus making oil more profitable. Democrats: Make Big Oil - Even Bigger via war and international disorder (also avoiding Joe's war on LNG production and exporting)
psaki said that when the economy was kicking butt dax
context matters, even if it is hard for you to understand
An economy living off of $28 Trillion Dollars in Federal spending.
To get tepid GDP growth, a recession that certain people refused to call a recession, and completely cooked "job growth" numbers, all time record Federal debt, and now all time record expenses related to that Federal debt.
Post by: 'taterblast on March 14, 2025, 02:00:23 PM
all time record federal debt
not a defense of anyone, but isn't this kind of a funny point to make when federal debt has increased every year since the beginning of time
Post by: Cire on March 14, 2025, 02:04:45 PM
Post by: sonofdaxjones on March 14, 2025, 02:05:49 PM
all time record federal debt
not a defense of anyone, but isn't this kind of a funny point to make when federal debt has increased every year since the beginning of time
A record pace
Post by: Cire on March 14, 2025, 02:06:58 PM
On April 28, 2022, the University of the Andes in Bogotá, Colombia, put on a performance of the opera “As One.” The show, which was written in the U.S. and debuted in 2014, features a transgender protagonist.
A program for the university’s production of the opera said the show had the support of the university, the Bogotá Philharmonic Orchestra and the “Small Grants Program of the Embassy of the United States in Colombia.”
The Department of State committed $25,000 to fund the project, and the website USAspending.gov also noted that there was $22,020 of “non-federal funding” for the project, making a total of $47,020 listed on the site. The federal funding for this project also came from the State Department, not USAID.
A ‘Transgender Comic Book’ in Peru
In 2021, the U.S. Embassy in Peru introduced a comic book called “The Power of Education,” which it used to promote education and exchange programs in the U.S.
The following year, the embassy commissioned a second volume.
“The Embassy asked us to introduce a gay student in #2 to show his personal struggle coming out to his parents, but that has zero to do with being transgender,” David Campiti, who owns the company that produced the comic book, told us in an email. “The comics were about scholarships and furthering education.”
The series ended up including three comic books, each one showing an aspect of cultural exchange and education. View them here, here and here.
The second one is what was highlighted by the Trump administration as a “transgender comic book.” But volume 2 of “The Power of Education” does not include a transgender character. Rather, as Campiti said, it featured a hero who was gay.
The writer of the comic, David Lawrence, said the same thing in a post on his Facebook page on Feb. 4, explaining why the embassy had requested an LGBTQ character. “The US embassy in Peru requested that as a small response to anti gay prejudice in the country,” he wrote.
We reached out to the embassy for comment and were referred to the State Department, which did not respond to us.
Like the first volume, the second one was used to promote education and exchange programs. And, incidentally, it won two awards in 2023, including comic of the year, from a Peruvian organization called Chronicles of Diversity.
The funding for this project didn’t come from USAID, either, but, again, from the State Department.
So, funding for three of the four projects highlighted by the White House came from the State Department for funding cultural activities on behalf of various embassies.
It's all anti trans bs
Post by: Cire on March 14, 2025, 02:08:45 PM
Dax, your brain is completely rotted.
Post by: sonofdaxjones on March 14, 2025, 02:10:13 PM
That's why #blueanon political and thought leaders are acting like infants about this.
Post by: Cire on March 14, 2025, 02:11:22 PM
Post by: sonofdaxjones on March 14, 2025, 02:13:25 PM
And a fascist.
A tsunami of tapouts
From someone who supports a movement that demands global censorship, misapplies the application of law against self perceived political enemies, wanted people arrested and their kids taken away if they didn't get the vax, had thought leaders openly talking about re-education camps . . . etc etc etc
Post by: bucket on March 14, 2025, 02:38:32 PM
And a fascist.
A tsunami of tapouts
From someone who supports a movement that demands global censorship, misapplies the application of law against self perceived political enemies, wanted people arrested and their kids taken away if they didn't get the vax, had thought leaders openly talking about re-education camps . . . etc etc etc
You may want to grab a newspaper if this is a redline for you
Post by: Justwin on March 14, 2025, 04:32:22 PM
Anyone know which presidents the debt increased the most under?
In terms of Debt to GDP ratio, Barack Obama and Joe Biden.
Post by: Justwin on March 14, 2025, 04:35:32 PM
all time record federal debt
not a defense of anyone, but isn't this kind of a funny point to make when federal debt has increased every year since the beginning of time
There were years under Clinton where it went down.
Post by: sonofdaxjones on March 14, 2025, 05:14:12 PM
Newspapers are government censorship?And a fascist.
A tsunami of tapouts
From someone who supports a movement that demands global censorship, misapplies the application of law against self perceived political enemies, wanted people arrested and their kids taken away if they didn't get the vax, had thought leaders openly talking about re-education camps . . . etc etc etc
You may want to grab a newspaper if this is a redline for you
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Post by: star seed 7 on March 14, 2025, 06:06:52 PM
Post by: sonofdaxjones on March 14, 2025, 06:13:16 PM
#blueanon was Big Mad
Just because #blueanon is Big Mad - doesn’t make it illegal.
Most of the #blueanon wins of late will be overturned. Can you guys win anything without judge shopping? My gawd LMAO
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Post by: 'taterblast on March 15, 2025, 02:07:52 PM
all time record federal debt
not a defense of anyone, but isn't this kind of a funny point to make when federal debt has increased every year since the beginning of time
There were years under Clinton where it went down.
link?
Post by: sonofdaxjones on March 15, 2025, 02:12:10 PM
Some pushed the notion that there was no deficits, but there was still a substantial amount of intergovernmental borrowing - thus the lockbox(es) filled with IOU’s
That said, our deficits were much smaller. Helped to have a Republican controlled Congress.
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Post by: 'taterblast on March 15, 2025, 02:12:33 PM
all time record federal debt
not a defense of anyone, but isn't this kind of a funny point to make when federal debt has increased every year since the beginning of time
A record pace
by $ yes.
by % no
Post by: sonofdaxjones on March 15, 2025, 05:12:34 PM
Post by: Justwin on March 16, 2025, 02:18:37 PM
all time record federal debt
not a defense of anyone, but isn't this kind of a funny point to make when federal debt has increased every year since the beginning of time
There were years under Clinton where it went down.
link?
https://fred.stlouisfed.org/series/FYGFDPUN#
Post by: wetwillie on March 16, 2025, 02:25:58 PM
Post by: Justwin on March 16, 2025, 02:49:19 PM
https://fred.stlouisfed.org/series/FYGFGDQ188S
Post by: Justwin on March 16, 2025, 02:52:18 PM
Anyone know which presidents the debt increased the most under?
In terms of Debt to GDP ratio, Barack Obama and Joe Biden.
Actually, I don't know what I was thinking. The answers are Barack Obama and Donald Trump. I was off by one year due to the election being in 2020, but Biden not taking office until 2021. George W. Bush would probably be third on this list.
The drivers of the increase in Debt to GDP ratio were the fiscal policy responses to the financial crisis of 2008 and COVID.
This is just looking at the time period since 1970. If you want to go back further, the Civil War, WW I, the Great Depression and WW II were also big drivers of an increase in the Debt to GDP ratio.
Post by: IPA4Me on March 17, 2025, 06:31:01 AM
Do you think the policy makers have the intestinal fortitude to let things unwind a bit more to get at least to 80%? We barely bounced at 90% two years ago.Anyone know which presidents the debt increased the most under?
In terms of Debt to GDP ratio, Barack Obama and Joe Biden.
Actually, I don't know what I was thinking. The answers are Barack Obama and Donald Trump. I was off by one year due to the election being in 2020, but Biden not taking office until 2021. George W. Bush would probably be third on this list.
The drivers of the increase in Debt to GDP ratio were the fiscal policy responses to the financial crisis of 2008 and COVID.
This is just looking at the time period since 1970. If you want to go back further, the Civil War, WW I, the Great Depression and WW II were also big drivers of an increase in the Debt to GDP ratio.
Post by: Justwin on March 17, 2025, 09:51:19 AM
Do you think the policy makers have the intestinal fortitude to let things unwind a bit more to get at least to 80%? We barely bounced at 90% two years ago.Anyone know which presidents the debt increased the most under?
In terms of Debt to GDP ratio, Barack Obama and Joe Biden.
Actually, I don't know what I was thinking. The answers are Barack Obama and Donald Trump. I was off by one year due to the election being in 2020, but Biden not taking office until 2021. George W. Bush would probably be third on this list.
The drivers of the increase in Debt to GDP ratio were the fiscal policy responses to the financial crisis of 2008 and COVID.
This is just looking at the time period since 1970. If you want to go back further, the Civil War, WW I, the Great Depression and WW II were also big drivers of an increase in the Debt to GDP ratio.
No. I think a 200% Debt to GDP ratio is more likely than an 80% Debt to GDP ratio.
Post by: LickNeckey on March 18, 2025, 10:15:32 AM
Anyone know which presidents the debt increased the most under?
In terms of Debt to GDP ratio, Barack Obama and Joe Biden.
Actually, I don't know what I was thinking. The answers are Barack Obama and Donald Trump. I was off by one year due to the election being in 2020, but Biden not taking office until 2021. George W. Bush would probably be third on this list.
The drivers of the increase in Debt to GDP ratio were the fiscal policy responses to the financial crisis of 2008 and COVID.
This is just looking at the time period since 1970. If you want to go back further, the Civil War, WW I, the Great Depression and WW II were also big drivers of an increase in the Debt to GDP ratio.
Incur significant debt to stabilize banks and the economic climate for businesses.
Strip entitlements from the most vulnerable in society.
Profit
Post by: LickNeckey on March 19, 2025, 09:49:30 PM
Post by: sonofdaxjones on March 19, 2025, 10:01:27 PM
Is that they are either completely unresponsive to any "what changed" question when it comes to #blueanon politicians and/or they defended to the hilt the french frying of our economic numbers during the previous administration.
Now they're going to micro-manage the eff out of Don Trump and cling to his every word both past and present :thumbsup:
Of course, the proclamation that the stock market is "not the real economy" by #blueanon political leaders during Trump 1.0 will be omnipresent in this discussion
Edit: Please also note that we are most certinaly going to revert from "we'll know a recession when we see it" . . . to the official definition of a recession, cus them the rules . . . until we decide thems not the rules, again.
Post by: LickNeckey on March 19, 2025, 10:54:14 PM
Post by: sonofdaxjones on March 20, 2025, 08:12:53 AM
Shrooms Yellen four years of transitory inflation has entered the chat
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Post by: Justwin on March 20, 2025, 09:30:03 AM
We were in recession during Pedo Pete’s term. #blueanon didn’t see it
Shrooms Yellen four years of transitory inflation has entered the chat
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When were we in a recession during Biden's term?
Post by: mocat on March 20, 2025, 09:40:43 AM
We were in recession during Pedo Pete’s term. #blueanon didn’t see it
Shrooms Yellen four years of transitory inflation has entered the chat
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When were we in a recession during Biden's term?
first three quarters of 2022 there was a pretty sizeable "correction" but I don't know if i've seen anyone argue that we were in a recession.
Post by: sonofdaxjones on March 20, 2025, 10:01:47 AM
Of course we also know that GDP "growth" of any kind was almost exclusively bolstered by Federal spending and a labor market buoyed exclusively on the back of government hiring and highly subsidized hiring.
Edit: Some may recall a presser where Joe went out and read of a note card and told us that Powell et. al. says we're not in a recession and talked about a whole bunch of numbers that didn't have anything to do with GDP . . . and then Shrooms Yellen followed on over the next days or so with a bunch of jibber-jabber about how certain things were strong and GDP numbers be damned . . . we're not in a recession (and this is just transitory inflation BTW) blah blah blah
Post by: Trim on March 20, 2025, 10:47:49 AM
It was discussed on this blog when it was occurring
Not specific to this topic/thread, but I love when dax does this. There is almost no topic, political or otherwise, that has not been "discussed" on this blog, even if that discussion is just one person posting something about something and being ignored.
Post by: Justwin on March 20, 2025, 10:52:35 AM
It was discussed on this blog when it was occurring . . . that was the nexus of the whole "we'll know a recession when we see it".
Of course we also know that GDP "growth" of any kind was almost exclusively bolstered by Federal spending and a labor market buoyed exclusively on the back of government hiring and highly subsidized hiring.
Edit: Some may recall a presser where Joe went out and read of a note card and told us that Powell et. al. says we're not in a recession and talked about a whole bunch of numbers that didn't have anything to do with GDP . . . and then Shrooms Yellen followed on over the next days or so with a bunch of jibber-jabber about how certain things were strong and GDP numbers be damned . . . we're not in a recession (and this is just transitory inflation BTW) blah blah blah
When was it discussed on this blog when it was occurring? What are the dates you believe the US was in a recession during the Biden administration?
Post by: wetwillie on March 20, 2025, 12:05:16 PM
Post by: steve dave on March 20, 2025, 01:50:37 PM
According to Elon Musk
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Post by: IPA4Me on March 20, 2025, 01:53:15 PM
Edit... SD snuck in a post.
That is the correct definition.
Post by: cfbandyman on March 20, 2025, 01:57:23 PM
It was discussed on this blog when it was occurring
Not specific to this topic/thread, but I love when dax does this. There is almost no topic, political or otherwise, that has not been "discussed" on this blog, even if that discussion is just one person posting something about something and being ignored.
If I cared to look back IIRC he bitched the entire time that it was the "slowest growth" or "weakest growth" economy OAT under Biden, even though it was pretty solid to kicking ass most of it.
And yeah, discussed being him shouting into the ether
Post by: sonofdaxjones on March 20, 2025, 04:36:59 PM
It was discussed on this blog when it was occurring
Not specific to this topic/thread, but I love when dax does this. There is almost no topic, political or otherwise, that has not been "discussed" on this blog, even if that discussion is just one person posting something about something and being ignored.
It essentially points to the prolific use of illicit mind altering drugs by #blueanongE - They can't remember anything
Post by: sonofdaxjones on March 20, 2025, 04:38:32 PM
It was discussed on this blog when it was occurring
Not specific to this topic/thread, but I love when dax does this. There is almost no topic, political or otherwise, that has not been "discussed" on this blog, even if that discussion is just one person posting something about something and being ignored.
If I cared to look back IIRC he bitched the entire time that it was the "slowest growth" or "weakest growth" economy OAT under Biden, even though it was pretty solid to kicking ass most of it.
And yeah, discussed being him shouting into the ether
The biggest talking point is that all the "growth" was either revised down after the fact, or was fueled by massive government spending.
Which #blueanongE steadfastly refuses to awknowledge.
Not to mention the prolific loss of full time private sector jobs in non government subsidized spaces.
Post by: sonofdaxjones on March 20, 2025, 04:39:46 PM
(https://uploads.tapatalk-cdn.com/20250320/3dbb39dc61604e5dff4e40c11276d1db.jpg)
According to Elon Musk
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Insert video of a special news conference called by Joe Biden's handlers where they sent Joe out to read from note cards to tell us that "experts" say that we were not in a recession here
Post by: steve dave on March 20, 2025, 05:35:10 PM
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Post by: sonofdaxjones on March 20, 2025, 05:46:13 PM
Also the experts did say that dipshit. Is your old ass reading from a zero hedge post?
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Yes, the experts did say that we were not in a recession, because they know a recession when they see it
The other components such as jobs were ultimately revised down, and the job market was buoyed exclusively by government hiring or government subsidized hiring. Facts that you refuse to recognize like a big fat giant derp. Consumer spending was credit availability spending (as home refi rejection rates currently approach 50%)
Post by: star seed 7 on March 20, 2025, 06:36:16 PM
Post by: Dugout DickStone on March 20, 2025, 06:53:32 PM
Post by: steve dave on March 20, 2025, 07:28:39 PM
Bloodbath(https://uploads.tapatalk-cdn.com/20250321/616dc44fe845e3da2cbaf3b220a8ca37.jpg)
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Post by: Justwin on March 20, 2025, 08:35:28 PM
Post by: Rage Against the McKee on March 20, 2025, 08:47:32 PM
Post by: sonofdaxjones on March 20, 2025, 09:14:31 PM
It’s not a recession until we say so . . .
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Post by: sonofdaxjones on March 20, 2025, 09:15:58 PM
My takeaway from all of this is that we were not at any point during the Biden administration in a recession. Even if jobs numbers were revised down, we were at or below 4.0% unemployment for all of 2022. That kind of unemployment is incompatible with a recession. It doesn't matter if it was fueled by government spending or if growth was fueled by easy credit for consumers, it's not a recession.Excellent part time employment numbers in non government subsidized sectors. This is true
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Post by: sonofdaxjones on March 20, 2025, 09:21:18 PM
https://www.newyorkfed.org/microeconomics/hhdc
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Post by: LickNeckey on March 20, 2025, 10:07:02 PM
Yeah, what we are currently experiencing feels a lot more like a recession.
we have yet to begin
Post by: sonofdaxjones on March 20, 2025, 10:33:07 PM
Added Walsh, “Government loans are also rolling to later stages of delinquency. Compared to one year ago, the seriously delinquent rate rose seventy basis points for FHA loans and fifty-seven basis points for VA loans, but only two basis points for conventional loans.”
https://www.mba.org/news-and-research/newsroom/news/2025/02/06/mortgage-delinquencies-increase-in-the-fourth-quarter-of-2024
FHA is now back in 2004 to 2008 territory
The last traditional business fiscal year of Joe Biden's term we saw a new all time record personal credit card debt level, and government backed mortgages in delinquency climbed into 2004 to 2008 territory.
Post by: Rage Against the McKee on March 20, 2025, 11:58:43 PM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
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You have to give it some time to determine if you are actually in one.
Post by: LickNeckey on March 21, 2025, 09:03:03 AM
Post by: wetwillie on March 21, 2025, 09:40:05 AM
The impending recession is obviously Biden's fault.
Auto pen = auto recession
Post by: sonofdaxjones on March 21, 2025, 09:43:03 AM
We disavow the crap sandwich we left behind . . . Shrooms Yellen and #blueanon/#blueanongE
Can anyone address why personal credit card debt expanded to record levels under Pedo Pete?
Insert the thousands of articles that read something like "Americans increasingly turn to credit to pay for basics" . . . here
Post by: sonofdaxjones on March 21, 2025, 09:46:28 AM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
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You have to give it some time to determine if you are actually in one.
We won't be in one if they send Don Trump out with some notecards that say we're not in one . . . that's how it works these days
Post by: Justwin on March 21, 2025, 10:01:49 AM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
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You have to give it some time to determine if you are actually in one.
We won't be in one if they send Don Trump out with some notecards that say we're not in one . . . that's how it works these days
You do know that neither the president nor the Treasury Secretary have anything to do with determining whether or not we're in a recession.
Post by: sonofdaxjones on March 21, 2025, 10:05:24 AM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
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You have to give it some time to determine if you are actually in one.
We won't be in one if they send Don Trump out with some notecards that say we're not in one . . . that's how it works these days
You do know that neither the president nor the Treasury Secretary have anything to do with determining whether or not we're in a recession.
Yes, I do know that, it's the people that "know a recession when they see it" who do that.
Post by: Justwin on March 21, 2025, 10:09:26 AM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
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You have to give it some time to determine if you are actually in one.
We won't be in one if they send Don Trump out with some notecards that say we're not in one . . . that's how it works these days
You do know that neither the president nor the Treasury Secretary have anything to do with determining whether or not we're in a recession.
Yes, I do know that, it's the people that "know a recession when they see it" who do that.
Then why don't you just take the NBER's word on whether or not we're in a recession and leave it at that?
Post by: sonofdaxjones on March 21, 2025, 10:14:33 AM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
Sent from my iPhone using Tapatalk
You have to give it some time to determine if you are actually in one.
We won't be in one if they send Don Trump out with some notecards that say we're not in one . . . that's how it works these days
You do know that neither the president nor the Treasury Secretary have anything to do with determining whether or not we're in a recession.
Yes, I do know that, it's the people that "know a recession when they see it" who do that.
Then why don't you just take the NBER's word on whether or not we're in a recession and leave it at that?
At minimum we had a soft recession under Joe Biden.
It's also fascinating to watch people like you wholly avoid some things.
I just posted two significant things. Personal debt hit an all time record high under Joe Biden. Why?
I also posted the proverbial canary in the coal mine article about government backed mortgages . . . we've seen this move before, haven't we?
If the economy was so incredible under Joe Biden, why did American's turn to debt to pay for the basics at record levels?
We are at pre 2007-2008 levels of auto loan defaults as well, or at least we were not that long ago.
There's literally articles out there trying to blame non-existent tariffs or tariffs that weren't even in play for the high level of auto defaults. My gawd :lol: :lol:
Post by: wetwillie on March 21, 2025, 10:21:18 AM
Post by: LickNeckey on March 21, 2025, 10:23:52 AM
Post by: sonofdaxjones on March 21, 2025, 10:24:39 AM
Post by: Justwin on March 21, 2025, 10:35:24 AM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
Sent from my iPhone using Tapatalk
You have to give it some time to determine if you are actually in one.
We won't be in one if they send Don Trump out with some notecards that say we're not in one . . . that's how it works these days
You do know that neither the president nor the Treasury Secretary have anything to do with determining whether or not we're in a recession.
Yes, I do know that, it's the people that "know a recession when they see it" who do that.
Then why don't you just take the NBER's word on whether or not we're in a recession and leave it at that?
At minimum we had a soft recession under Joe Biden.
It's also fascinating to watch people like you wholly avoid some things.
I just posted two significant things. Personal debt hit an all time record high under Joe Biden. Why?
I also posted the proverbial canary in the coal mine article about government backed mortgages . . . we've seen this move before, haven't we?
If the economy was so incredible under Joe Biden, why did American's turn to debt to pay for the basics at record levels?
We are at pre 2007-2008 levels of auto loan defaults as well, or at least we were not that long ago.
There's literally articles out there trying to blame non-existent tariffs or tariffs that weren't even in play for the high level of auto defaults. My gawd :lol: :lol:
There definitely were issues with the economy under Biden and I don't think I've ever said the economy was incredible under Biden.
However, insisting that there was a recession, or a "soft" recession (whatever that is), just makes you look like you can't accept the truth.
Post by: steve dave on March 21, 2025, 10:39:41 AM
Post by: sonofdaxjones on March 21, 2025, 10:47:30 AM
NBER Vice Chair - Worked for Barry Obama :lol:
Post by: sonofdaxjones on March 21, 2025, 10:48:41 AM
Post by: Cire on March 21, 2025, 10:49:01 AM
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Post by: sonofdaxjones on March 21, 2025, 10:51:52 AM
It's deflection . . . cire
Post by: sonofdaxjones on March 21, 2025, 11:11:38 AM
Economics by feel . . . Deep insight from #blueanongE
It’s not a recession until we say so . . .
Sent from my iPhone using Tapatalk
You have to give it some time to determine if you are actually in one.
We won't be in one if they send Don Trump out with some notecards that say we're not in one . . . that's how it works these days
You do know that neither the president nor the Treasury Secretary have anything to do with determining whether or not we're in a recession.
Yes, I do know that, it's the people that "know a recession when they see it" who do that.
Then why don't you just take the NBER's word on whether or not we're in a recession and leave it at that?
At minimum we had a soft recession under Joe Biden.
It's also fascinating to watch people like you wholly avoid some things.
I just posted two significant things. Personal debt hit an all time record high under Joe Biden. Why?
I also posted the proverbial canary in the coal mine article about government backed mortgages . . . we've seen this move before, haven't we?
If the economy was so incredible under Joe Biden, why did American's turn to debt to pay for the basics at record levels?
We are at pre 2007-2008 levels of auto loan defaults as well, or at least we were not that long ago.
There's literally articles out there trying to blame non-existent tariffs or tariffs that weren't even in play for the high level of auto defaults. My gawd :lol: :lol:
There definitely were issues with the economy under Biden and I don't think I've ever said the economy was incredible under Biden.
However, insisting that there was a recession, or a "soft" recession (whatever that is), just makes you look like you can't accept the truth.
Then you can agree with me, that at the end of the day, Shrooms Yellen and friends, left behind multiple crap sandwiches that are now going to have to be dealt with.
We are paying record amounts of interest on the debt, and we have 3 areas that are leading indicators of consumer exhaustion and/or yet another bubble. Tapped out consumer debt, auto loans and another housing bubble.
There's going to be a lot of really nice used cars available, so that's possibly one good thing I suppose.
I wonder why retail and Amazon were putting out earnings warnings back in . . . December
Post by: Justwin on March 21, 2025, 01:36:07 PM
Consumer spending also seems to be slowing as consumers appear that they may be tapped out.
All of these are things that the Trump administration needs to deal with.
One thing that they are doing to self-inflict reduced economic growth is the imposition of tariffs. Another self-inflicted wound is the general uncertainty they are creating by the way they are doing things (e.g. DOGE). This is a further drag on growth as consumers and businesses pull back on spending when faced with uncertainty.
Post by: sonofdaxjones on March 21, 2025, 02:20:01 PM
That in turn cost thousands of American's their jobs and led to a dwindling middle class.
I do agree that the Tariff talk needed to be more measured, but it still needed to be tough.
Post by: sonofdaxjones on March 21, 2025, 04:59:39 PM
Wall Street executives who delved into the matter say the Bidenistas were able to paper over the spending though the chicanery of rolling over short-term debt instead of issuing longer-dated bonds that would have caused a spike in interest rates, a stock market selloff and probably a recession.
https://nypost.com/2025/03/14/business/biden-ran-up-insane-bills-before-he-left-the-white-house-heres-how-trump-plans-to-pay-them-down/
Post by: mocat on March 21, 2025, 05:02:09 PM
The whole tariff thing somewhat falls on deaf ears with me
yeah it seems that way
Post by: sonofdaxjones on March 21, 2025, 05:16:32 PM
Particularly when it comes to the guilty AF portion of that whole equation
Post by: catastrophe on March 21, 2025, 05:34:49 PM
Do we need a “Fleeting moments of Dax self awareness” thread?The whole tariff thing somewhat falls on deaf ears with me
yeah it seems that way
Post by: BIG APPLE CAT on March 21, 2025, 09:40:41 PM
Do we need a “Fleeting moments of Dax self awareness” thread?The whole tariff thing somewhat falls on deaf ears with me
yeah it seems that way
I suppose, if you want a thread with exactly one (1) post
Post by: sonofdaxjones on March 21, 2025, 10:13:34 PM
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Post by: steve dave on March 21, 2025, 10:31:22 PM
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Post by: steve dave on March 21, 2025, 10:32:35 PM
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Post by: star seed 7 on March 21, 2025, 10:36:59 PM
Do we need a “Fleeting moments of Dax self awareness” thread?The whole tariff thing somewhat falls on deaf ears with me
yeah it seems that way
I understand wanting to attribute this to self awareness but the reality is he's just very stupid
Post by: Katpappy on March 22, 2025, 06:30:55 AM
Do we need a “Fleeting moments of Dax self awareness” thread?The whole tariff thing somewhat falls on deaf ears with me
yeah it seems that way
I understand wanting to attribute this to self awareness but the reality is he's just very stupid
Trump, Dax or both?
Post by: sonofdaxjones on March 24, 2025, 02:47:52 PM
We know the answer but Jesus Christ man just pivoting from hating to gobbling it up is hilarious.Look it’s ol cocks and balls all the time SteveDave - where everything he doesn’t like is “far right”
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LMAO
If you’re a little perturbed that a couple of POTUS(es) helped massively accelerate China’s technology and manufacturing ascendence at a near exponential rate. You’re “far right”.
So LOL’able
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Post by: sonofdaxjones on March 24, 2025, 02:51:29 PM
https://twitter.com/johncomiskey77/status/1904246322334408884?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: Sandstone Outcropping on April 01, 2025, 08:20:38 AM
Post by: steve dave on April 01, 2025, 10:07:54 AM
Post by: sonofdaxjones on April 01, 2025, 10:14:44 AM
Post by: Sandstone Outcropping on April 01, 2025, 10:27:20 AM
https://x.com/TheStalwart/status/1907084387667018184What is the rationale for wrecking the US economy again?
Seems very weird to say you are concerned about debt and deficits on one hand and then break the only tool that is powerful enough to dig us out of a debt crisis (a growing US economy).
Post by: sonofdaxjones on April 01, 2025, 10:29:56 AM
Now being absolutely #onbrand - #blueanon/#bluenongE is all angst laden about manufacturing. :lol:
Post by: Institutional Control on April 01, 2025, 10:52:29 AM
Post by: Sandstone Outcropping on April 01, 2025, 12:38:24 PM
Freedom is slavery
Ignorance is strength
https://x.com/BulwarkOnline/status/1907119606059135052
Post by: sonofdaxjones on April 01, 2025, 02:44:25 PM
I am and have always been anti-manufacturing jobs. They did a great job of building this country's economy but that phase of America is behind us.
Who is out there saying we're going to replace the service sector with manufacturing jobs?
Post by: CNS on April 01, 2025, 09:33:38 PM
Seems like Hassett might be lying to run cover until the last minute so that Dipshit can eff off his agenda and eff us right up until the last second.
Admittedly, I am not an economist, but can someone tell me how common it is that the White House economic adviser is off by 5.8-6.3%, let alone positive vs actual negative?
Post by: wetwillie on April 01, 2025, 09:43:04 PM
I am and have always been anti-manufacturing jobs. They did a great job of building this country's economy but that phase of America is behind us.
Like you don't want humans specifically building crap? I'm hoping that doesn't mean you want no production regardless of automation, that seems stupid as eff.
Post by: michigancat on April 01, 2025, 10:10:39 PM
I am and have always been anti-manufacturing jobs. They did a great job of building this country's economy but that phase of America is behind us.
Like you don't want humans specifically building crap? I'm hoping that doesn't mean you want no production regardless of automation, that seems stupid as eff.
I think he's saying that growing the manufacturing sector in today's US economy might not be the best goal for us given our current level of wealth. Which isn't crazy
Post by: sonofdaxjones on April 01, 2025, 10:58:53 PM
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Post by: sonofdaxjones on April 01, 2025, 11:02:01 PM
Atlanta Fed saying Q1 saw a -3.8% GDP. White House adviser Hassett says Q1 is going to be 2-2.5% GDP growth.If I remember correctly the ATL Fed has been wildly inaccurate.
Seems like Hassett might be lying to run cover until the last minute so that Dipshit can eff off his agenda and eff us right up until the last second.
Admittedly, I am not an economist, but can someone tell me how common it is that the White House economic adviser is off by 5.8-6.3%, let alone positive vs actual negative?
But I don’t want to stir up the usuals too much. Because the Philly Fed often said Pres Robo Pen’s “job growth” numbers were total bullshit and they completely lost their crap everytime.
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Post by: michigancat on April 02, 2025, 07:51:06 AM
Still trying to understand who is touting replacing the service sector with manufacturing.Who said anyone said that?
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Post by: steve dave on April 02, 2025, 08:37:25 AM
Still trying to understand who is touting replacing the service sector with manufacturing.Who said anyone said that?
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(https://uploads.tapatalk-cdn.com/20250402/35a4be3f29792acb55d721ed66bcbb33.jpg)
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Post by: Rage Against the McKee on April 02, 2025, 08:56:28 AM
Atlanta Fed saying Q1 saw a -3.8% GDP. White House adviser Hassett says Q1 is going to be 2-2.5% GDP growth.
Seems like Hassett might be lying to run cover until the last minute so that Dipshit can eff off his agenda and eff us right up until the last second.
Admittedly, I am not an economist, but can someone tell me how common it is that the White House economic adviser is off by 5.8-6.3%, let alone positive vs actual negative?
Your expectation should be that anyone working for this administration is going to say whatever they are told to say and that any data they produce is about as reliable as the data that comes out of North Korea.
Post by: sonofdaxjones on April 02, 2025, 11:13:58 AM
Still trying to understand who is touting replacing the service sector with manufacturing.Who said anyone said that?
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DeflectoSteve always thinks everything is about him.
Still waiting to hear who is out there touting the manufacturing sector displacing the service sector of our economy.
Only colossal mush brained derps think it's not important for the US to bolster its strategic manufacturing sector(s) substantially.
Post by: sonofdaxjones on April 02, 2025, 11:15:43 AM
Post by: Institutional Control on April 02, 2025, 11:54:16 AM
I am and have always been anti-manufacturing jobs. They did a great job of building this country's economy but that phase of America is behind us.
Like you don't want humans specifically building crap? I'm hoping that doesn't mean you want no production regardless of automation, that seems stupid as eff.
I think he's saying that growing the manufacturing sector in today's US economy might not be the best goal for us given our current level of wealth. Which isn't crazy
Correct.
Post by: sonofdaxjones on April 02, 2025, 11:57:04 AM
I am and have always been anti-manufacturing jobs. They did a great job of building this country's economy but that phase of America is behind us.
Like you don't want humans specifically building crap? I'm hoping that doesn't mean you want no production regardless of automation, that seems stupid as eff.
I think he's saying that growing the manufacturing sector in today's US economy might not be the best goal for us given our current level of wealth. Which isn't crazy
Correct.
That's an idiotic take . . . and only hammers home that you learned nothing from Covid and apparently don't have the first clue as to what's going on in places like the South China Sea.
Post by: Institutional Control on April 02, 2025, 12:16:58 PM
I am and have always been anti-manufacturing jobs. They did a great job of building this country's economy but that phase of America is behind us.
Like you don't want humans specifically building crap? I'm hoping that doesn't mean you want no production regardless of automation, that seems stupid as eff.
I think he's saying that growing the manufacturing sector in today's US economy might not be the best goal for us given our current level of wealth. Which isn't crazy
Correct.
That's an idiotic take . . . and only hammers home that you learned nothing from Covid and apparently don't have the first clue as to what's going on in places like the South China Sea.
I have lots of idiotic takes. This particular idiotic take comes from my own personal experience of working on assembly lines for five years. The jobs are only worth having if they pay an astronomical salary, which most do not. Workers on my line were exposed to possible amputation of fingers, carpal tunnel syndrome and chronic back pain to name a few. Very little paid time off and relatively shitty insurance.
Post by: LickNeckey on April 02, 2025, 01:16:13 PM
Is that a recipe for success?
Post by: wetwillie on April 02, 2025, 01:42:01 PM
Post by: michigancat on April 02, 2025, 01:50:24 PM
Post by: cfbandyman on April 02, 2025, 02:19:54 PM
I am and have always been anti-manufacturing jobs. They did a great job of building this country's economy but that phase of America is behind us.
Like you don't want humans specifically building crap? I'm hoping that doesn't mean you want no production regardless of automation, that seems stupid as eff.
I think he's saying that growing the manufacturing sector in today's US economy might not be the best goal for us given our current level of wealth. Which isn't crazy
Correct.
That's an idiotic take . . . and only hammers home that you learned nothing from Covid and apparently don't have the first clue as to what's going on in places like the South China Sea.
I have lots of idiotic takes. This particular idiotic take comes from my own personal experience of working on assembly lines for five years. The jobs are only worth having if they pay an astronomical salary, which most do not. Workers on my line were exposed to possible amputation of fingers, carpal tunnel syndrome and chronic back pain to name a few. Very little paid time off and relatively shitty insurance.
Oooof dax taking L's left and right and right
Post by: Sandstone Outcropping on April 02, 2025, 03:26:47 PM
https://x.com/Acyn/status/1907529729504403823
Post by: kim carnes on April 02, 2025, 03:32:26 PM
Post by: Stupid Fitz on April 02, 2025, 03:36:15 PM
The great thing about a tax on consumption is it’s much harder for people to avoid than other forms of taxes.
It also really hammers poor people, but it appears they are actively trying to kill them, so. :dunno:
Post by: michigancat on April 02, 2025, 03:39:32 PM
Post by: Rage Against the McKee on April 02, 2025, 03:44:06 PM
Post by: kim carnes on April 02, 2025, 03:46:12 PM
The great thing about a tax on consumption is it’s much harder for people to avoid than other forms of taxes.
It also really hammers poor people, but it appears they are actively trying to kill them, so. :dunno:
I think it’s effect is a good deal more complicated than that
Post by: Sandstone Outcropping on April 02, 2025, 03:52:56 PM
https://x.com/TheStalwart/status/1907530521783017853
Post by: sonofdaxjones on April 02, 2025, 04:01:19 PM
https://twitter.com/KanekoaTheGreat/status/1907486404999065612
Post by: Rage Against the McKee on April 02, 2025, 04:12:04 PM
Post by: Stupid Fitz on April 02, 2025, 04:14:10 PM
Well, now that we won't be getting ripped off so much, we will all be able to enjoy the benefits of higher prices for everything.
That's just until all these new factories start humming in 15-20 years.
Post by: sonofdaxjones on April 02, 2025, 04:16:57 PM
Keep the US easy pickens . . . #blueanongE aka Cuck City USA
Post by: Sandstone Outcropping on April 02, 2025, 04:51:21 PM
Manufacturing is thrilled about the tariffs that supposed to help them...Well, now that we won't be getting ripped off so much, we will all be able to enjoy the benefits of higher prices for everything.
That's just until all these new factories start humming in 15-20 years.
https://x.com/ShopFloorNAM/status/1907549845289615650
Post by: cfbandyman on April 02, 2025, 04:54:37 PM
Post by: sonofdaxjones on April 02, 2025, 04:56:28 PM
Now when #blueanongE needs to bolster their (meltdown) position, they run to an industry mouthpiece.
How positively #onbrand in every way :thumbsup: and :lol:
Post by: Institutional Control on April 02, 2025, 05:58:17 PM
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Post by: wetwillie on April 02, 2025, 06:09:48 PM
Post by: steve dave on April 02, 2025, 06:18:00 PM
Post by: steve dave on April 02, 2025, 06:23:01 PM
Post by: steve dave on April 02, 2025, 06:26:42 PM
https://x.com/TheStalwart/status/1907575133616652394
Post by: Stupid Fitz on April 02, 2025, 06:46:48 PM
Post by: Rage Against the McKee on April 02, 2025, 06:52:09 PM
is this good?
https://x.com/TheStalwart/status/1907575133616652394
I don't understand how that could possibly be less than 90%.
Post by: hjfklmor on April 02, 2025, 06:57:52 PM
Seems pretty reciprocal.
Post by: steve dave on April 02, 2025, 07:03:34 PM
is this good?
https://x.com/TheStalwart/status/1907575133616652394
I don't understand how that could possibly be less than 90%.
well, it's "in 2025" which we are well into, and Trump inherited the single best economy any of us has lived through (even Dax). so that would be a REMARKABLE feat. NEVERTHELESS!
Post by: Stupid Fitz on April 02, 2025, 07:14:45 PM
https://bsky.app/profile/mmasnick.bsky.social/post/3llukkxo3d22x
Seems pretty reciprocal.
We should be producing military people and uninhabited islands here in the rough ridin' USA damn it.
Post by: michigancat on April 02, 2025, 07:22:56 PM
Post by: steve dave on April 02, 2025, 07:29:02 PM
https://x.com/SamRo/status/1907590624498344074
Post by: steve dave on April 02, 2025, 08:05:54 PM
Post by: Sandstone Outcropping on April 02, 2025, 08:08:06 PM
I'm still not fully clear how this is going to shake out but it seems like the global supply chain is going to be an even bigger mess than it already isIt will continue to be a mess as Trump gets off on the power of raising and lowering the tariffs and the Regime sells favors to domestic friends in exchange for relief from the tariffs. This will not be a set it and forget it thing for him.
Post by: steve dave on April 02, 2025, 08:11:39 PM
BIGGER THAN SMOOT HAWLEY
Post by: steve dave on April 02, 2025, 08:17:42 PM
https://x.com/JamesSurowiecki/status/1907559189234196942
Post by: michigancat on April 02, 2025, 08:21:38 PM
I'm still not fully clear how this is going to shake out but it seems like the global supply chain is going to be an even bigger mess than it already isIt will continue to be a mess as Trump gets off on the power of raising and lowering the tariffs and the Regime sells favors to domestic friends in exchange for relief from the tariffs. This will not be a set it and forget it thing for him.
It is wild that he can just set tariffs like this because he is so dumb
Post by: michigancat on April 02, 2025, 08:33:58 PM
when you put the stupidest people behind the wheel. holy crap.They admit it!
https://x.com/JamesSurowiecki/status/1907559189234196942
https://x.com/scottlincicome/status/1907588094657761330
Post by: Sandstone Outcropping on April 02, 2025, 08:43:47 PM
Post by: steve dave on April 02, 2025, 10:02:53 PM
Wanting the USA to be a net neutral exporter is not the win these complete rough ridin' dumbshits think it is……when you put the stupidest people behind the wheel. holy crap.They admit it!
https://x.com/JamesSurowiecki/status/1907559189234196942
https://x.com/scottlincicome/status/1907588094657761330
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Post by: Sandstone Outcropping on April 02, 2025, 10:16:32 PM
This would be a great time for congress to start taking power back from the executive branch. Especially when the chief executive thinks he is an emperor and has dogshit inside his skull instead of a brain.I'm still not fully clear how this is going to shake out but it seems like the global supply chain is going to be an even bigger mess than it already isIt will continue to be a mess as Trump gets off on the power of raising and lowering the tariffs and the Regime sells favors to domestic friends in exchange for relief from the tariffs. This will not be a set it and forget it thing for him.
It is wild that he can just set tariffs like this because he is so dumb
Post by: Dugout DickStone on April 02, 2025, 11:07:01 PM
Manufacturing is thrilled about the tariffs that supposed to help them...Well, now that we won't be getting ripped off so much, we will all be able to enjoy the benefits of higher prices for everything.
That's just until all these new factories start humming in 15-20 years.
https://x.com/ShopFloorNAM/status/1907549845289615650
The hell are those people? Sounds made up
Post by: Sandstone Outcropping on April 03, 2025, 08:38:05 AM
(https://pbs.twimg.com/media/GnnUKBDXIAArz9D?format=jpg&name=small)
Post by: Sandstone Outcropping on April 03, 2025, 08:56:46 AM
https://x.com/AccountableGOP/status/1907508484851069235
Post by: sonofdaxjones on April 03, 2025, 09:01:26 AM
A trillion dollar negative outflow from the US to foreign countries is good . . . #blueanon
Using #bluenanon/#neocongE Ukrainian War Logic: What is the singular thing that can get tariffs reduced?
Please answer below (also, for extra credit, please answer why its good that our alleged allies load up US goods with tariffs and VATS)
Post by: Stupid Fitz on April 03, 2025, 09:02:22 AM
Post by: cfbandyman on April 03, 2025, 09:05:42 AM
Wanting the USA to be a net neutral exporter is not the win these complete rough ridin' dumbshits think it is……when you put the stupidest people behind the wheel. holy crap.They admit it!
https://x.com/JamesSurowiecki/status/1907559189234196942
https://x.com/scottlincicome/status/1907588094657761330
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It's incredibly stupid, and I remember the Jon Stewart interview earlier this week with Oren Cass and it was all like "we should do this, and I trust the guys behind it, they're smart". Wonder how he feels right now.
Post by: sonofdaxjones on April 03, 2025, 09:09:28 AM
#blueanon/#blueanongE: Weaving and bobbing their way through the free market . . . .fully supporting our alleged allies loading up US imports with tariffs and VATS. :thumbsup:
Post by: LickNeckey on April 03, 2025, 09:16:08 AM
Post by: sonofdaxjones on April 03, 2025, 09:17:45 AM
Using #bluenanon/#neocongE Ukrainian War Logic: What is the singular thing that can get tariffs reduced?
Please answer below (also, for extra credit, please answer why its good that our alleged allies load up US goods with tariffs and VATS)
Post by: LickNeckey on April 03, 2025, 09:20:39 AM
Reciprocal - A word that completely confuses #blueanon aka Cuckville USA
A trillion dollar negative outflow from the US to foreign countries is good . . . #blueanon
Using #bluenanon/#neocongE Ukrainian War Logic: What is the singular thing that can get tariffs reduced?
Please answer below (also, for extra credit, please answer why its good that our alleged allies load up US goods with tariffs and VATS)
countries profusely complimenting Donalds good looks, intelligence, and charm?
Post by: sonofdaxjones on April 03, 2025, 09:22:11 AM
Reciprocal - A word that completely confuses #blueanon aka Cuckville USA
A trillion dollar negative outflow from the US to foreign countries is good . . . #blueanon
Using #bluenanon/#neocongE Ukrainian War Logic: What is the singular thing that can get tariffs reduced?
Please answer below (also, for extra credit, please answer why its good that our alleged allies load up US goods with tariffs and VATS)
countries profusely complimenting Donalds good looks, intelligence, and charm?
LickNeckey: Cuck and proud supporter of our alleged trading partners and allies . . . not adhering to free market principles :thumbsup:
Post by: Sandstone Outcropping on April 03, 2025, 09:24:04 AM
My US based banana factory idea is looking pretty good right now you guys.I'm gonna start an avocado plantation.
Post by: steve dave on April 03, 2025, 09:30:29 AM
Post by: sonofdaxjones on April 03, 2025, 09:31:46 AM
That's good, maintain the status quo . . . #blueanon/#blueanongE
Post by: LickNeckey on April 03, 2025, 09:33:45 AM
Reciprocal - A word that completely confuses #blueanon aka Cuckville USA
A trillion dollar negative outflow from the US to foreign countries is good . . . #blueanon
Using #bluenanon/#neocongE Ukrainian War Logic: What is the singular thing that can get tariffs reduced?
Please answer below (also, for extra credit, please answer why its good that our alleged allies load up US goods with tariffs and VATS)
countries profusely complimenting Donalds good looks, intelligence, and charm?
LickNeckey: Cuck and proud supporter of our alleged trading partners and allies . . . not adhering to free market principles :thumbsup:
what is this economic position you are taking here?
Post by: Stupid Fitz on April 03, 2025, 09:37:33 AM
Post by: sonofdaxjones on April 03, 2025, 09:38:22 AM
Reciprocal - A word that completely confuses #blueanon aka Cuckville USA
A trillion dollar negative outflow from the US to foreign countries is good . . . #blueanon
Using #bluenanon/#neocongE Ukrainian War Logic: What is the singular thing that can get tariffs reduced?
Please answer below (also, for extra credit, please answer why its good that our alleged allies load up US goods with tariffs and VATS)
countries profusely complimenting Donalds good looks, intelligence, and charm?
LickNeckey: Cuck and proud supporter of our alleged trading partners and allies . . . not adhering to free market principles :thumbsup:
what is this economic position you are taking here?
This is so onbrand for you. You come back with total derp, as always. Then start asking me questions. :lol:
If you're not going to give a serious answer, then I am not answering your qustions.
Let's try again. Lick, what is the stated singular thing that can get (reciprocal) tariffs reduced?
Lick - please answer why its good that our alleged allies load up US goods with tariffs and VATS?
Post by: sonofdaxjones on April 03, 2025, 09:39:06 AM
You guys remember when the economy was completely whipping ass and the stock market was skyrocketing and a complete moron said it was all because he was leading in the polls?
Job numbers still strong, manufacturing orders up (for the 2nd straight month)
StupidFitz . . .
Post by: hjfklmor on April 03, 2025, 09:41:11 AM
I hope we reach a bilateral trade balance with the Falkland's so you can finally be happy.
Post by: Spracne on April 03, 2025, 09:42:00 AM
Post by: CNS on April 03, 2025, 09:42:18 AM
https://x.com/sentimentrader/status/1907801616973258967
That graph makes a third term Obama a no brainer
Post by: sonofdaxjones on April 03, 2025, 09:43:04 AM
Post by: sonofdaxjones on April 03, 2025, 09:44:28 AM
You're a rough ridin' moron. There really is no bottom for you. You're riding this orange mother rough rider's dick the whole way to the grave.
I hope we reach a bilateral trade balance with the Falkland's so you can finally be happy.
This post is pure cuck, and didn't answer any of the questions.
#blueanongE: We're just gonna let everybody bend us over . . . free trade though!
Post by: sonofdaxjones on April 03, 2025, 09:45:33 AM
Reciprocal tariffs? Or reciprocal trade surpluses? One is possible, the other is not. Guess which one the Trump administration is trying to do?
Nonsensical gibberish
Post by: Stupid Fitz on April 03, 2025, 09:46:15 AM
Reciprocal tariffs? Or reciprocal trade surpluses? One is possible, the other is not. Guess which one the Trump administration is trying to do?
My banana factory is really riding on this one......
Post by: sonofdaxjones on April 03, 2025, 09:46:40 AM
3rd question: I call upon #blueanongE to explain why tariffs and VATS on US goods are not a source of global tension, but when the us reciprocates in kind . . . it is a source of global tension. Answer below
Post by: LickNeckey on April 03, 2025, 10:06:25 AM
the tariff rates do not reflect current tariffs being imposed on US goods instead the tariff rate was calculated on the basis that it would eliminate the US's goods trade deficit with each country
https://www.bbc.com/news/articles/c93gq72n7y1o
Post by: michigancat on April 03, 2025, 10:10:49 AM
3rd question: I call upon #blueanongE to explain why tariffs and VATS on US goods are not a source of global tension, but when the us reciprocates in kind . . . it is a source of global tension. Answer below
because we are (were?) the richest country in the world. (plus in places where there are VATS they are applied to everything. it's a sales tax lol)
Post by: sonofdaxjones on April 03, 2025, 10:20:15 AM
Post by: michigancat on April 03, 2025, 10:23:08 AM
Words cannot describe how simp brained and stupid that sounds, cRusty.
were we not the richest country in the world with extremely low unemployment and a booming economy? Do you have complex data that sounds intelligent and disputes that?
Post by: mocat on April 03, 2025, 10:34:36 AM
Post by: wetwillie on April 03, 2025, 10:37:07 AM
Post by: Stupid Fitz on April 03, 2025, 10:38:57 AM
https://bsky.app/profile/carlquintanilla.bsky.social/post/3llw7cx2bd22z
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Post by: sonofdaxjones on April 03, 2025, 10:42:53 AM
Words cannot describe how simp brained and stupid that sounds, cRusty.
were we not the richest country in the world with extremely low unemployment and a booming economy? Do you have complex data that sounds intelligent and disputes that?
That has nothing to do with how countries treat us on the trading front. It's absolutely comical to watch #blueanongE running around screaming about the free market and then to watch the same turn around and justify the tariffs and VATS.
The US had no VATS. When countries levee both tariffs against imports and VATs on imports. It is irrelevant if they level the same VATS against domestically produced same products, because the imported product in nearly every case will have the embedded cost of the tariff and the VAT covered in its retail price/and or final buy/contracted price at the market level. All K-State educated (well most anyway) can figure out the rest.
Post by: Sandstone Outcropping on April 03, 2025, 10:43:03 AM
Post by: star seed 7 on April 03, 2025, 10:47:29 AM
Post by: sonofdaxjones on April 03, 2025, 10:49:30 AM
But they do chub to midnight at the thought of another war and/or fighting against peace
Post by: steve dave on April 03, 2025, 10:49:40 AM
https://x.com/Brendan_Duke/status/1907741651172311353
Post by: michigancat on April 03, 2025, 10:50:49 AM
Words cannot describe how simp brained and stupid that sounds, cRusty.
were we not the richest country in the world with extremely low unemployment and a booming economy? Do you have complex data that sounds intelligent and disputes that?
That has nothing to do with how countries treat us on the trading front. It's absolutely comical to watch #blueanongE running around screaming about the free market and then to watch the same turn around and justify the tariffs and VATS.
The US had no VATS. When countries levee both tariffs against imports and VATs on imports. It is irrelevant if they level the same VATS against domestically produced same products, because the imported product in nearly every case will have the embedded cost of the tariff and the VAT covered in its retail price/and or final buy/contracted price at the market level. All K-State educated (well most anyway) can figure out the rest.
dax what tariff rates are we talking here? lmao come on man
Post by: sonofdaxjones on April 03, 2025, 10:52:17 AM
Words cannot describe how simp brained and stupid that sounds, cRusty.
were we not the richest country in the world with extremely low unemployment and a booming economy? Do you have complex data that sounds intelligent and disputes that?
That has nothing to do with how countries treat us on the trading front. It's absolutely comical to watch #blueanongE running around screaming about the free market and then to watch the same turn around and justify the tariffs and VATS.
The US had no VATS. When countries levee both tariffs against imports and VATs on imports. It is irrelevant if they level the same VATS against domestically produced same products, because the imported product in nearly every case will have the embedded cost of the tariff and the VAT covered in its retail price/and or final buy/contracted price at the market level. All K-State educated (well most anyway) can figure out the rest.
dax what tariff rates are we talking here? lmao come on man
Amazing . . . cRusty, you're gonna play the purposely obtuse card now? :lol:
Post by: LickNeckey on April 03, 2025, 10:54:16 AM
finding out they used (exports-imports) / imports to determine tariff rates
then pivoting to screaming about VAT
:lol:
Post by: sonofdaxjones on April 03, 2025, 10:57:02 AM
It's been discussed for a long time.
Goodness . . . and Lick still won't answer my questions. :lol:
Post by: steve dave on April 03, 2025, 10:57:18 AM
https://x.com/boes_/status/1907824185633812911
Post by: star seed 7 on April 03, 2025, 10:57:36 AM
Post by: sonofdaxjones on April 03, 2025, 10:59:27 AM
But #blueanongE in the midst of a DefCon One level meltdown refuses to discuss it.
Post by: LickNeckey on April 03, 2025, 11:00:19 AM
I see you lurking there JW, what are your thoughts? I trust you to actually know what you're talking about.
i too would like to shut up and hear your thoughts on the matter
Post by: Justwin on April 03, 2025, 11:01:47 AM
Just like with DOGE, this administration has identified an area where it would be good to work on and change some current arrangements. However, they go about it in the most ham-fisted way imaginable. This tariff crap is worse than DOGE, though. It is putting the entire economy in peril for what? To prove a point that some countries engage in unfair trade practices? I agree that they do, but why sabotage our entire economy to prove that point?
The tariff levels that have been levied are almost inexplicable. They came up with a "formula" to determine the tariff levels, but their formula makes no sense as a basis for tariff levels. It is moronic.
These tariffs are not going to improve the US economy in the long run. This is short-term pain for long-term pain.
If you are not calling these tariffs dumb/stupid/moronic, I hope that you do not have any credits in economics from K-State.
Post by: sonofdaxjones on April 03, 2025, 11:02:30 AM
Please don't derp out and say something about Trump increasing those things. That's not the point. #blueanongE usuals are on record saying our deficits and the interest we pay on those borrowed dollars is irrelevant (that's how the justify blowing out the debt in order to artificially raise GDP for political gain)
Post by: Justwin on April 03, 2025, 11:03:30 AM
For the record JW is on record saying that the US budget deficits and the interest that the US pays on its debts is not sustainable.
Please don't derp out and say something about Trump increasing those things. That's not the point. #blueanongE usuals are on record saying our deficits and the interest we pay on those borrowed dollars is irrelevant (that's how the justify blowing out the debt in order to artificially raise GDP for political gain)
And these tariffs are going to make the budget situation worse.
Post by: sonofdaxjones on April 03, 2025, 11:05:43 AM
Dax, I can't believe you just won't call this tariff situation what it is. It is moronic.
Just like with DOGE, this administration has identified an area where it would be good to work on and change some current arrangements. However, they go about it in the most ham-fisted way imaginable. This tariff crap is worse than DOGE, though. It is putting the entire economy in peril for what? To prove a point that some countries engage in unfair trade practices? I agree that they do, but why sabotage our entire economy to prove that point?
The tariff levels that have been levied are almost inexplicable. They came up with a "formula" to determine the tariff levels, but their formula makes no sense as a basis for tariff levels. It is moronic.
These tariffs are not going to improve the US economy in the long run. This is short-term pain for long-term pain.
If you are not calling these tariffs dumb/stupid/moronic, I hope that you do not have any credits in economics from K-State.
I have said the implementation process is not very smart.
But sitting back and watching you guys totally avoid the questions about fairness and totally avoid the discussion about the massive trade deficits that the US is currently running (all time record) is simply fascinating to me.
Also, watching this group scream about the free market while stealthly justifying the non free market practices of our alleged trading "partners" and "allies" is popcorn and :lol: worthy on every level.
Post by: sonofdaxjones on April 03, 2025, 11:06:54 AM
For the record JW is on record saying that the US budget deficits and the interest that the US pays on its debts is not sustainable.
Please don't derp out and say something about Trump increasing those things. That's not the point. #blueanongE usuals are on record saying our deficits and the interest we pay on those borrowed dollars is irrelevant (that's how the justify blowing out the debt in order to artificially raise GDP for political gain)
And these tariffs are going to make the budget situation worse.
Absolutely on brand . . .and proof you didn't read the whole post.
Post by: Justwin on April 03, 2025, 11:09:40 AM
Post by: sonofdaxjones on April 03, 2025, 11:11:42 AM
Tariffs are not going to make the trade deficit better and have a good chance of making the trade deficit worse.
JW . . . what is the easiest path to have the tariffs reduced per this current administration?
Post by: Justwin on April 03, 2025, 11:11:46 AM
For the record JW is on record saying that the US budget deficits and the interest that the US pays on its debts is not sustainable.
Please don't derp out and say something about Trump increasing those things. That's not the point. #blueanongE usuals are on record saying our deficits and the interest we pay on those borrowed dollars is irrelevant (that's how the justify blowing out the debt in order to artificially raise GDP for political gain)
And these tariffs are going to make the budget situation worse.
Absolutely on brand . . .and proof you didn't read the whole post.
I'm not sure I follow your logic. My logic is this: The budget deficit is unsustainable, tariffs make the budget deficit worse, therefore, don't implement tariffs. What is your logic?
Post by: sonofdaxjones on April 03, 2025, 11:13:25 AM
For the record JW is on record saying that the US budget deficits and the interest that the US pays on its debts is not sustainable.
Please don't derp out and say something about Trump increasing those things. That's not the point. #blueanongE usuals are on record saying our deficits and the interest we pay on those borrowed dollars is irrelevant (that's how the justify blowing out the debt in order to artificially raise GDP for political gain)
And these tariffs are going to make the budget situation worse.
Absolutely on brand . . .and proof you didn't read the whole post.
I'm not sure I follow your logic. My logic is this: The budget deficit is unsustainable, tariffs make the budget deficit worse, therefore, don't implement tariffs. What is your logic?
The point is, when it was a D in office, the blowout deficits were no big deal per #blueanongE (and they were used to artificially keep GDP in the positive . . . well most of the time it stayed in the positive) . . . now it's a big deal?? :lol: :lol:
Post by: Justwin on April 03, 2025, 11:19:30 AM
Tariffs are not going to make the trade deficit better and have a good chance of making the trade deficit worse.
JW . . . what is the easiest path to have the tariffs reduced per this current administration?
Negotiate trade agreements. The USMCA opened up Canadian and Mexican markets some. There may still be progress to be made on opening up these markets. There are talks scheduled in 2026 for USMCA.
I would be somewhat open to having counter tariffs put in place that are the same rate as tariffs placed on US goods. These tariff levels, though, are not on par with tariffs on US goods. Also, VATs do not count as tariffs anymore than sales taxes in the US count as taxes.
The best thing that could be done to reduce the trade deficit would be to reduce the government budget deficit. The best place to start reducing the government budget deficit would be to cut defense spending in half.
Post by: sonofdaxjones on April 03, 2025, 11:21:48 AM
Tariffs are not going to make the trade deficit better and have a good chance of making the trade deficit worse.
JW . . . what is the easiest path to have the tariffs reduced per this current administration?
Negotiate trade agreements. The USMCA opened up Canadian and Mexican markets some. There may still be progress to be made on opening up these markets. There are talks scheduled in 2026 for USMCA.
I would be somewhat open to having counter tariffs put in place that are the same rate as tariffs placed on US goods. These tariff levels, though, are not on par with tariffs on US goods. Also, VATs do not count as tariffs anymore than sales taxes in the US count as taxes.
The best thing that could be done to reduce the trade deficit would be to reduce the government budget deficit. The best place to start reducing the government budget deficit would be to cut defense spending in half.
I clearly stated that the combination of VATS and tariffs skewed the market for US goods in foreign markets. Also, the US did not have VATs in all or the vast majority of cases. That's the point. The fact that #blueanon keeps trying to water down VATS without this context is once again both fascinating and indicative of hyperpartisanship. In many cases our alleged "partners" impose VATS at every point in the chain. A sales tax VAT is in most cases an endpoint VAT relative to the US market.
Post by: Justwin on April 03, 2025, 11:23:34 AM
Tariffs are not going to make the trade deficit better and have a good chance of making the trade deficit worse.
JW . . . what is the easiest path to have the tariffs reduced per this current administration?
Negotiate trade agreements. The USMCA opened up Canadian and Mexican markets some. There may still be progress to be made on opening up these markets. There are talks scheduled in 2026 for USMCA.
I would be somewhat open to having counter tariffs put in place that are the same rate as tariffs placed on US goods. These tariff levels, though, are not on par with tariffs on US goods. Also, VATs do not count as tariffs anymore than sales taxes in the US count as taxes.
The best thing that could be done to reduce the trade deficit would be to reduce the government budget deficit. The best place to start reducing the government budget deficit would be to cut defense spending in half.
I clearly stated that the combination of VATS and tariffs skewed the market for US goods in foreign markets. Also, the US did not have VATs in all or the vast majority of cases. That's the point. The fact that #blueanon keeps trying to water down VATS without this context is once again both fascinating and indicative of hyperpartisanship.
VATs apply to both domestic and imported goods. How does that disadvantage US goods?
Why are you not addressing the impact of sales taxes in the US as a form of a tariff?
Post by: sonofdaxjones on April 03, 2025, 11:24:58 AM
Why are you avoiding the combination of high tariffs and VATS, and also avoiding the application of VATS across the whole sequence by our "partners" in many cases?
In addition, it is relatively easy for state and local markets to adjust or get rid of sales taxes. Often times its a simply city council vote, or a single session of a state legislature. This isn't the rough ridin' EU debating on the same for 6 years. Come on dude :lol:
Post by: wetwillie on April 03, 2025, 11:27:42 AM
Post by: sonofdaxjones on April 03, 2025, 11:28:35 AM
Come on Justwin, that man has a family sheesh.
:lol: :lol: :lol:
More proclamations about winning :lol: :lol:
Post by: star seed 7 on April 03, 2025, 11:28:49 AM
Post by: 'taterblast on April 03, 2025, 11:30:17 AM
Dax, if the "implementation is not very smart", why are you defending it so hard?
"doing something is better than nothing" has been the go-to line from the fox news boomer parents
Post by: sonofdaxjones on April 03, 2025, 11:30:50 AM
Dax, if the "implementation is not very smart", why are you defending it so hard?
Because we run massive trade deficits and our "partners" are NOT operating on the free market principles you guys allegedly support (when it fits your political narrative)
Post by: star seed 7 on April 03, 2025, 11:32:37 AM
Dax, if the "implementation is not very smart", why are you defending it so hard?
Because we run massive trade deficits and our "partners" are NOT operating on the free market principles you guys allegedly support (when it fits your political narrative)
This makes you support dumb crap? Specifically dumb crap that makes things worse?
Post by: sonofdaxjones on April 03, 2025, 11:33:42 AM
Dax, if the "implementation is not very smart", why are you defending it so hard?
Because we run massive trade deficits and our "partners" are NOT operating on the free market principles you guys allegedly support (when it fits your political narrative)
This makes you support dumb crap?
You are only affirming that you scream about the free market only when it fits your hyperpartisan view of the world.
I already knew that, but apparently you needed reminding (again)
Not a single #blueanongE'r has been able to explain why a trillion dollar plus annual trade deficit is good . . besides "we're a rich country".
Post by: star seed 7 on April 03, 2025, 11:36:51 AM
Post by: Justwin on April 03, 2025, 11:37:13 AM
I just did.
Why are you avoiding the combination of high tariffs and VATS, and also avoiding the application of VATS across the whole sequence by our "partners" in many cases?
In addition, it is relatively easy for state and local markets to adjust or get rid of sales taxes. Often times its a simply city council vote, or a single session of a state legislature. This isn't the rough ridin' EU debating on the same for 6 years. Come on dude :lol:
The long and the short of it is that Value Added Taxes are not tariffs and do not disadvantage US exporters relative to domestic companies in foreign countries. The same holds true for sales taxes. Inasmuch as there might be a miniscule disadvantaging of domestic firms vs importers in the US, this would be due to the potential tax pyramiding of sales taxes since sales taxes are an inferior form of a consumption tax compared to value added taxes.
You're welcome to claim VATs are tariffs and accept the implications that has on your understanding of international trade.
Post by: sonofdaxjones on April 03, 2025, 11:43:26 AM
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
Post by: Justwin on April 03, 2025, 12:03:04 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Post by: sonofdaxjones on April 03, 2025, 12:16:19 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
Post by: Justwin on April 03, 2025, 12:24:15 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
From my perspective, I can see how tariffs disadvantage US firms. I cannot see how VATs alone or in combination with tariffs disadvantage US firms. Please explain to me how VATs alone or in combination with tariffs disadvantages US firms. Also, how do VATs alone or in combination with tariffs impact the trade deficit?
What is the relevance of the national vs local/state component?
Post by: steve dave on April 03, 2025, 12:34:33 PM
Post by: sonofdaxjones on April 03, 2025, 12:44:43 PM
Meanwhile, they operate one the oldest (and tiny given their geographic size) fleet of fighters of any first world country, have an utterly ineffective navy relative to protecting their entire homeland's shores and if we have to go to war and IF they decide to help us, they always have to borrow a bunch of stuff from us . . . and they are part of the Commonwealth of their parent, who has more admirals in their navy than fighting ships and who also cannot protect their homeland without the US Air Force housing interceptors in that country and manning the seas with ships that are very expensive to man and maintain.
Coupled with the fact, that for the most part, most trade with Canada is untouched and Don Trump wants to restart a pipeline to move Canadian oil.
Post by: hjfklmor on April 03, 2025, 12:53:32 PM
Post by: sonofdaxjones on April 03, 2025, 12:58:14 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
From my perspective, I can see how tariffs disadvantage US firms. I cannot see how VATs alone or in combination with tariffs disadvantage US firms. Please explain to me how VATs alone or in combination with tariffs disadvantages US firms. Also, how do VATs alone or in combination with tariffs impact the trade deficit?
What is the relevance of the national vs local/state component?
Am I being punked . . . is this the Matrix?
What is confusing you here. National VATS cover the entire supply chain and are automatic are they not?
My company just ordered thousands of dollars in equipment. By virtue of where the seller exists in the supply chain, where we sit in the supply chain and the type of end user and the state they reside in, there's no sales tax at any point in the transaction. In a national VAT environment, the same scenario is highly unlikely be it known or hidden.
Thus the "AND". Tarriffs and VATS.
Once again, I don't think I am going too far out on a limb here by saying that US state and local government are more nimble than Euro or Asian G20 central governments, with likely noted exceptions of course.
Post by: star seed 7 on April 03, 2025, 01:07:23 PM
Post by: Stupid Fitz on April 03, 2025, 01:11:29 PM
Wouldn't a vat (as described by dax) make a country's exports less competitive? A tariff on their own goods so to speak.
don't forget about those rough ridin' penguins!!!!!!!!!!!!
Post by: chum1 on April 03, 2025, 01:12:04 PM
Post by: sonofdaxjones on April 03, 2025, 01:16:29 PM
We may be losing a lot of our world dominating soft power amassed over the last century, but in return we get to puff our chests and act like bullies.
We've invaded many countries, overthrown governments and sanctioned/embargoed nations across the globe.
We've killed collectively millions in the process and displaced millions more in that same process.
Yet now you're worried about appearing like a bully? :lol:
Post by: Sandstone Outcropping on April 03, 2025, 01:45:45 PM
Post by: Justwin on April 03, 2025, 02:19:05 PM
Wouldn't a vat (as described by dax) make a country's exports less competitive? A tariff on their own goods so to speak.
Most, if not all, countries with a VAT give a rebate on the VAT for exports.
Post by: Justwin on April 03, 2025, 02:20:50 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
From my perspective, I can see how tariffs disadvantage US firms. I cannot see how VATs alone or in combination with tariffs disadvantage US firms. Please explain to me how VATs alone or in combination with tariffs disadvantages US firms. Also, how do VATs alone or in combination with tariffs impact the trade deficit?
What is the relevance of the national vs local/state component?
Am I being punked . . . is this the Matrix?
What is confusing you here. National VATS cover the entire supply chain and are automatic are they not?
My company just ordered thousands of dollars in equipment. By virtue of where the seller exists in the supply chain, where we sit in the supply chain and the type of end user and the state they reside in, there's no sales tax at any point in the transaction. In a national VAT environment, the same scenario is highly unlikely be it known or hidden.
Thus the "AND". Tarriffs and VATS.
Once again, I don't think I am going too far out on a limb here by saying that US state and local government are more nimble than Euro or Asian G20 central governments, with likely noted exceptions of course.
If a country imposes a VAT on their own domestic goods and imposes the same VAT on imports I don't see how that disadvantages foreign firms.
Post by: sonofdaxjones on April 03, 2025, 03:14:51 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
From my perspective, I can see how tariffs disadvantage US firms. I cannot see how VATs alone or in combination with tariffs disadvantage US firms. Please explain to me how VATs alone or in combination with tariffs disadvantages US firms. Also, how do VATs alone or in combination with tariffs impact the trade deficit?
What is the relevance of the national vs local/state component?
Am I being punked . . . is this the Matrix?
What is confusing you here. National VATS cover the entire supply chain and are automatic are they not?
My company just ordered thousands of dollars in equipment. By virtue of where the seller exists in the supply chain, where we sit in the supply chain and the type of end user and the state they reside in, there's no sales tax at any point in the transaction. In a national VAT environment, the same scenario is highly unlikely be it known or hidden.
Thus the "AND". Tarriffs and VATS.
Once again, I don't think I am going too far out on a limb here by saying that US state and local government are more nimble than Euro or Asian G20 central governments, with likely noted exceptions of course.
If a country imposes a VAT on their own domestic goods and imposes the same VAT on imports I don't see how that disadvantages foreign firms.
Tariffs and VATS rolled into the pricing model of imported products seems to be a concept completely lost on you.
JW - What is the simple thing that this administration keeps saying will lower tariffs?
Again - I remain fascinated by #blueanongE who continually proclaim themselves as free market zealots, yet they clearly don't have a single problem with alleged trading partners not adhering to free market principles and thus #blueanongE weirdly thinks the the US should just sit and take it.
I am also still waiting for someone to explain to me how a $1.3 trillion dollar (all time record) trade deficit is good for the United States. Oh, and don't be a total derp (which is hard for you guys I know) and say I am demanding there be no trade deficits. But to look at the 2024 numbers and see (one example) the YoY $ increase in imports outpace the $ increase in exports by 2:1, even when building in inflation (which was and still is a thing, despite the protestations of #blueanongE) is concerning.
Post by: Sandstone Outcropping on April 03, 2025, 03:15:33 PM
https://x.com/agraybee/status/1907883760114336025
Post by: cfbandyman on April 03, 2025, 03:18:29 PM
These morons would have failed ECON101 at KSU so hard:
https://x.com/agraybee/status/1907883760114336025
¡Avocados de Mexico!
Post by: Justwin on April 03, 2025, 03:20:13 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
From my perspective, I can see how tariffs disadvantage US firms. I cannot see how VATs alone or in combination with tariffs disadvantage US firms. Please explain to me how VATs alone or in combination with tariffs disadvantages US firms. Also, how do VATs alone or in combination with tariffs impact the trade deficit?
What is the relevance of the national vs local/state component?
Am I being punked . . . is this the Matrix?
What is confusing you here. National VATS cover the entire supply chain and are automatic are they not?
My company just ordered thousands of dollars in equipment. By virtue of where the seller exists in the supply chain, where we sit in the supply chain and the type of end user and the state they reside in, there's no sales tax at any point in the transaction. In a national VAT environment, the same scenario is highly unlikely be it known or hidden.
Thus the "AND". Tarriffs and VATS.
Once again, I don't think I am going too far out on a limb here by saying that US state and local government are more nimble than Euro or Asian G20 central governments, with likely noted exceptions of course.
If a country imposes a VAT on their own domestic goods and imposes the same VAT on imports I don't see how that disadvantages foreign firms.
Tariffs and VATS rolled into the pricing model of imported products seems to be a concept completely lost on you.
JW - What is the simple thing that this administration keeps saying will lower tariffs?
Again - I remain fascinated by #blueanongE who continually proclaim themselves as free market zealots, yet they clearly don't have a single problem with alleged treading partners not adhering to free market principles and thus #blueanongE weirdly thinks the the US should just sit and take it.
I am also still waiting for someone to explain to me how a $1.3 trillion dollar (all time record) trade deficit is good for the United States. Oh, and don't be a total derp (which is hard for you guys I know) and say I am demanding there be no trade deficits. But to look at the 2024 numbers and see (one example) the YoY $ increase in imports outpace the $ increase in exports by 2:1, even when building in inflation (which was and still is a thing, despite the protestations of #blueanongE) is concerning.
VATs are rolled into the pricing of domestic products as well, so there is no disadvantage to foreign firms.
I don't know what this administration keeps saying is the simple thing that will lower tariffs. Enlighten me.
I don't think I ever said that big of a trade deficit is a good thing. I said if we want to reduce the trade deficit, we should focus on reducing our budget deficit and the best place to start on that is the defense budget.
Post by: CNS on April 03, 2025, 03:49:10 PM
Come on Justwin, that man has a family sheesh.
Who he openly votes against the best interests of.
Post by: sonofdaxjones on April 03, 2025, 03:56:19 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
From my perspective, I can see how tariffs disadvantage US firms. I cannot see how VATs alone or in combination with tariffs disadvantage US firms. Please explain to me how VATs alone or in combination with tariffs disadvantages US firms. Also, how do VATs alone or in combination with tariffs impact the trade deficit?
What is the relevance of the national vs local/state component?
Am I being punked . . . is this the Matrix?
What is confusing you here. National VATS cover the entire supply chain and are automatic are they not?
My company just ordered thousands of dollars in equipment. By virtue of where the seller exists in the supply chain, where we sit in the supply chain and the type of end user and the state they reside in, there's no sales tax at any point in the transaction. In a national VAT environment, the same scenario is highly unlikely be it known or hidden.
Thus the "AND". Tarriffs and VATS.
Once again, I don't think I am going too far out on a limb here by saying that US state and local government are more nimble than Euro or Asian G20 central governments, with likely noted exceptions of course.
If a country imposes a VAT on their own domestic goods and imposes the same VAT on imports I don't see how that disadvantages foreign firms.
Tariffs and VATS rolled into the pricing model of imported products seems to be a concept completely lost on you.
JW - What is the simple thing that this administration keeps saying will lower tariffs?
Again - I remain fascinated by #blueanongE who continually proclaim themselves as free market zealots, yet they clearly don't have a single problem with alleged treading partners not adhering to free market principles and thus #blueanongE weirdly thinks the the US should just sit and take it.
I am also still waiting for someone to explain to me how a $1.3 trillion dollar (all time record) trade deficit is good for the United States. Oh, and don't be a total derp (which is hard for you guys I know) and say I am demanding there be no trade deficits. But to look at the 2024 numbers and see (one example) the YoY $ increase in imports outpace the $ increase in exports by 2:1, even when building in inflation (which was and still is a thing, despite the protestations of #blueanongE) is concerning.
VATs are rolled into the pricing of domestic products as well, so there is no disadvantage to foreign firms.
I don't know what this administration keeps saying is the simple thing that will lower tariffs. Enlighten me.
I don't think I ever said that big of a trade deficit is a good thing. I said if we want to reduce the trade deficit, we should focus on reducing our budget deficit and the best place to start on that is the defense budget.
Please point me to the United States Government's VAT table for domestically produced goods.
Our alleged trading partners - automatic embedded VAT's across all segments of the supply chain and tariffs, in many cases very high tariffs. Sales taxes are an end point tax, multiple transactions within the chain are very very often exempt from sales taxation. Some states have no sales tax, other states often reduce or eliminate sales taxes on certain products (and obviously increase them on other goods and services). I just gave you an anecdotal example of 3 steps within a particular chain, in this case distributor-reseller-end user, where no party will pay sales taxes out of that trifecta. The end user, like hundreds of thousands of end users - including the government is sales tax exempt.
The administration says if other countries lower their tariffs the US will do the same.
#blueanon clearly has no appetite for any reduction in Federal spending . . . they've made that abundantly clear.
Post by: sonofdaxjones on April 03, 2025, 03:57:15 PM
Come on Justwin, that man has a family sheesh.
Who he openly votes against the best interests of.
Only affirming that #blueanongE is in a perpetual state of DerpCon One
Post by: Justwin on April 03, 2025, 03:59:06 PM
:lol: :lol: I have consistently used "and" . . . Tarriffs AND VATS
I am also very welcome to this fact: The United States does not have a national Value Added Tax (VAT) system; instead, it relies on state-level sales and use taxes, which are administered independently by each state
In the vast majority of instances, states and local governments are far more nimble in adjusting sales and use taxes then any central government and far more nimble in exempting goods from sales taxes entirely and/or exempted goods from sales taxes at certain points in the supply chain process.
In the US we have multiple states that have no sales tax at all . . . in other states there is a strong movement towards removing or greatly reducing sales taxes on consumables with a very high level of imported products in the chain.
How do VATs disadvantage US firms and/or increase the trade deficit?
Why do you keep leaving out "and tariffs"?
The combination is important.
You have tariffs and then embedded VATS at every point in the chain. That's the disadvantage.
Again, it's immaterial if domestically produced items have the VATS, because they are not facing the "in addition to" tariff component.
You are apparently going to completely ignore the national vs state/local component.
There are also a whole other series of factors that could impact trade deficits. I don't think I am going too far out on a limb here by saying that the US is a relatively easy place to do business in, as compared to many of our "trade partner" countries.
From my perspective, I can see how tariffs disadvantage US firms. I cannot see how VATs alone or in combination with tariffs disadvantage US firms. Please explain to me how VATs alone or in combination with tariffs disadvantages US firms. Also, how do VATs alone or in combination with tariffs impact the trade deficit?
What is the relevance of the national vs local/state component?
Am I being punked . . . is this the Matrix?
What is confusing you here. National VATS cover the entire supply chain and are automatic are they not?
My company just ordered thousands of dollars in equipment. By virtue of where the seller exists in the supply chain, where we sit in the supply chain and the type of end user and the state they reside in, there's no sales tax at any point in the transaction. In a national VAT environment, the same scenario is highly unlikely be it known or hidden.
Thus the "AND". Tarriffs and VATS.
Once again, I don't think I am going too far out on a limb here by saying that US state and local government are more nimble than Euro or Asian G20 central governments, with likely noted exceptions of course.
If a country imposes a VAT on their own domestic goods and imposes the same VAT on imports I don't see how that disadvantages foreign firms.
Tariffs and VATS rolled into the pricing model of imported products seems to be a concept completely lost on you.
JW - What is the simple thing that this administration keeps saying will lower tariffs?
Again - I remain fascinated by #blueanongE who continually proclaim themselves as free market zealots, yet they clearly don't have a single problem with alleged treading partners not adhering to free market principles and thus #blueanongE weirdly thinks the the US should just sit and take it.
I am also still waiting for someone to explain to me how a $1.3 trillion dollar (all time record) trade deficit is good for the United States. Oh, and don't be a total derp (which is hard for you guys I know) and say I am demanding there be no trade deficits. But to look at the 2024 numbers and see (one example) the YoY $ increase in imports outpace the $ increase in exports by 2:1, even when building in inflation (which was and still is a thing, despite the protestations of #blueanongE) is concerning.
VATs are rolled into the pricing of domestic products as well, so there is no disadvantage to foreign firms.
I don't know what this administration keeps saying is the simple thing that will lower tariffs. Enlighten me.
I don't think I ever said that big of a trade deficit is a good thing. I said if we want to reduce the trade deficit, we should focus on reducing our budget deficit and the best place to start on that is the defense budget.
Please point me to the United States Government's VAT table for domestically produced goods.
Our alleged trading partners - automatic embedded VAT's across all segments of the supply chain and tariffs, in many cases very high tariffs. Sales taxes are an end point tax, multiple transactions within the chain are very very often exempt from sales taxation. Some states have no sales tax, other states often reduce or eliminate sales taxes on certain products (and obviously increase them on other goods and services). I just gave you an anecdotal example of 3 steps within a particular chain, in this case distributor-reseller-end user, where no party will pay sales taxes out of that trifecta. The end user, like hundreds of thousands of end users - including the government is sales tax exempt.
The administration says if other countries lower their tariffs the US will do the same.
#blueanon clearly has no appetite for any reduction in Federal spending . . . they've made that abundantly clear.
Well I guess you have your thoughts on VATs and I have mine.
Post by: sonofdaxjones on April 03, 2025, 04:12:52 PM
For EU countries - the average VAT is 21.8%. Even non EU Western Euro countries come in at a full % percentage above the average US sales tax. There's selected goods and services that have lower rates (sounds familiar). In the majority of cases, the reductions are in line with or exceed the avg US sales tax and in many situations like food, they are still substantially higher than the states and localities in the US that have reduced or eliminated taxes on food.
Post by: DaBigTrain on April 03, 2025, 04:23:55 PM
Post by: kim carnes on April 03, 2025, 04:25:14 PM
Seems like you've got a good plan president crap for brains
https://x.com/boes_/status/1907824185633812911
It’s not inflation when the money goes to the govt, it’s taxes.
Post by: Rage Against the McKee on April 03, 2025, 04:27:10 PM
Wouldn't a vat (as described by dax) make a country's exports less competitive? A tariff on their own goods so to speak.
don't forget about those rough ridin' penguins!!!!!!!!!!!!
Polar bears. Bear market. Coincidence?
Post by: Justwin on April 03, 2025, 04:27:12 PM
In 2024 the avg sales tax rate in these United States was 7.5% (coupled with lower tariffs then most trading partner countries).
For EU countries - the average VAT is 21.8%. Even non EU Western Euro countries come in at a full % percentage above the average US sales tax. There's selected goods and services that have lower rates (sounds familiar). In the majority of cases, the reductions are in line with or exceed the avg US sales tax and in many situations like food, they are still substantially higher than the states and localities in the US that have reduced or eliminated taxes on food.
VATs, as well as sales taxes, are applied equally to imports and domestically-produced goods. That does not disadvantage US firms compared to domestic firms in other countries.
Post by: sonofdaxjones on April 03, 2025, 04:28:21 PM
It's good to see that dax is totally not melting down about all of this stuff
The guy who ran away like an infant, then came back and says he just wants to talk about things . . . is always mad that people are just talking about things.
It's wholly driven because his feeble little mind can't handle anything less than group think.
It's very sad
Post by: sonofdaxjones on April 03, 2025, 04:33:02 PM
In 2024 the avg sales tax rate in these United States was 7.5% (coupled with lower tariffs then most trading partner countries).
For EU countries - the average VAT is 21.8%. Even non EU Western Euro countries come in at a full % percentage above the average US sales tax. There's selected goods and services that have lower rates (sounds familiar). In the majority of cases, the reductions are in line with or exceed the avg US sales tax and in many situations like food, they are still substantially higher than the states and localities in the US that have reduced or eliminated taxes on food.
VATs, as well as sales taxes, are applied equally to imports and domestically-produced goods. That does not disadvantage US firms compared to domestic firms in other countries.
So the US goods entering other countries are not required to pay tariffs (either seller or buyer)?
Interesting, can you please point to me which countries do not charge tariffs on US goods.
I also appreciate how you completely avoided both the massive difference in EU VAT rates as compared to average US sales tax rates, and also avoided the concept of VATS being automatically applied at every segment of the supply chain.
Post by: BIG APPLE CAT on April 03, 2025, 04:45:27 PM
Post by: sonofdaxjones on April 03, 2025, 04:48:14 PM
Lick a free market zealot . . . but only if it involves Don Trump :thumbsup:
Lick, why have the majority of our trading partners been so protectionist historically? Any thoughts?
Doesn't seem very partnershippie to me . . . :dunno:
Post by: LickNeckey on April 03, 2025, 05:00:33 PM
Post by: sonofdaxjones on April 03, 2025, 05:07:44 PM
Post by: Spracne on April 03, 2025, 05:37:26 PM
We may be losing a lot of our world dominating soft power amassed over the last century, but in return we get to puff our chests and act like bullies.
We've invaded many countries, overthrown governments and sanctioned/embargoed nations across the globe.
We've killed collectively millions in the process and displaced millions more in that same process.
Yet now you're worried about appearing like a bully? :lol:
Once again with this unAmerican garbage. Hey, why don't you get the eff out of this country, you old $!#*? I heard Putin has an open invitation for American expats.
Post by: sonofdaxjones on April 03, 2025, 05:40:19 PM
We may be losing a lot of our world dominating soft power amassed over the last century, but in return we get to puff our chests and act like bullies.
We've invaded many countries, overthrown governments and sanctioned/embargoed nations across the globe.
We've killed collectively millions in the process and displaced millions more in that same process.
Yet now you're worried about appearing like a bully? :lol:
Once again with this unAmerican garbage. Hey, why don't you get the eff out of this country, you old $!#*? I heard Putin has an open invitation for American expats.
Look at this turd.
Imagine being so low esteem that you can't admit to what the history books have already recorded.
Post by: Stevesie60 on April 03, 2025, 06:10:05 PM
Post by: sonofdaxjones on April 03, 2025, 06:15:01 PM
Post by: catastrophe on April 03, 2025, 06:22:15 PM
Post by: Dugout DickStone on April 03, 2025, 06:23:01 PM
I mean, when Ben Shapiro comes out against Trump's tariffs.....
my how the disgusting pervy weirdos have fallen
Post by: michigancat on April 03, 2025, 07:04:12 PM
Post by: Institutional Control on April 03, 2025, 07:08:14 PM
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Post by: CHONGS on April 03, 2025, 07:18:01 PM
It's amazing how much dax loves these tariffsWell he loves Trump. If Trump, for some reason, came out tomorrow and said tariffs are stupid, then dax would post fifteen posts a day here about how dumb they are.
Post by: wetwillie on April 03, 2025, 07:38:31 PM
Post by: sonofdaxjones on April 03, 2025, 08:24:07 PM
In other news the Yield curve is down .62% saving truck loads of money on our debt payments.
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Post by: sonofdaxjones on April 03, 2025, 08:27:43 PM
This is hilarious as I’ve observed the historic maneuvering of #blueanon relative to Trump. We could start with - “I ain’t taken that Trump vaccine”It's amazing how much dax loves these tariffsWell he loves Trump. If Trump, for some reason, came out tomorrow and said tariffs are stupid, then dax would post fifteen posts a day here about how dumb they are.
There’s a library of Congress amount of memes if you’re interested Chong’s (the drive by experience)
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Post by: sonofdaxjones on April 03, 2025, 08:29:04 PM
I’m no economic expert, but I assume that the heads of most major US based businesses are, so how horned up are they over the tariffs, Dax?Why are you so incapable of using the Internet?
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Post by: sonofdaxjones on April 03, 2025, 08:47:00 PM
https://twitter.com/mazemoore/status/1907836058005295612?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: mocat on April 03, 2025, 08:52:20 PM
(https://uploads.tapatalk-cdn.com/20250404/5811627583b9301e64630cdfd9f1e094.jpg)
Post by: LickNeckey on April 03, 2025, 09:14:15 PM
Post by: michigancat on April 03, 2025, 09:41:17 PM
I don’t love the tariffs, I love laughing at the self professed resident titans of the free market - battling hard on behalf of foreign tariffs and VATS 3x our average sales tax (in the case of the EU).You love tariffs almost as much as you don't understand VATs
In other news the Yield curve is down .62% saving truck loads of money on our debt payments.
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Post by: steve dave on April 03, 2025, 09:56:47 PM
I don’t love the tariffs, I love laughing at the self professed resident titans of the free market - battling hard on behalf of foreign tariffs and VATS 3x our average sales tax (in the case of the EU).You love tariffs almost as much as you don't understand VATs
In other news the Yield curve is down .62% saving truck loads of money on our debt payments.
Sent from my iPhone using Tapatalk
tbh I don't think either he or the president understand tarrifs anymore than they understand VATs or anything else to do with the economy. and by "don't think" I mean "know".
Post by: steve dave on April 03, 2025, 10:27:36 PM
Post by: star seed 7 on April 03, 2025, 10:51:04 PM
Post by: LickNeckey on April 03, 2025, 10:55:36 PM
Post by: waks on April 04, 2025, 01:00:58 AM
Post by: Sandstone Outcropping on April 04, 2025, 07:43:12 AM
Post by: sonofdaxjones on April 04, 2025, 07:49:51 AM
Really wish someone would have told me to not waste my time reading the last five pages of posts in this thread. Holy crap. :bang:What a loser
LMAO
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Post by: Sandstone Outcropping on April 04, 2025, 07:52:24 AM
https://x.com/atrupar/status/1908136988177289641
Post by: sonofdaxjones on April 04, 2025, 08:03:25 AM
The also clearly do not understand that 1000’s of entities in the US are exempt from paying sales tax, and within the supply chain a myriad of transaction types do not have sales taxes involved . . . vs . . . automatic VATS at every point in the supply chain. Then throw potentially very high tariffs for imported goods on top of the VAT equation. All of which is priced into the final retail price of the product. Domestically produced goods only have the VATS priced into the product.
In classic #blueanongE style - only one has stepped up to answer the question about why huge trade deficits are good or bad. He/she said they are bad.
No derp ass #blueanonge’R has answered the question about what this administration says will reduce Tariffs.
Now stay tuned for melt down about everything Friday - with #blueanongE
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Post by: waks on April 04, 2025, 08:12:20 AM
self-awareness...work on itReally wish someone would have told me to not waste my time reading the last five pages of posts in this thread. Holy crap. :bang:What a loser
LMAO
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Post by: sonofdaxjones on April 04, 2025, 08:13:59 AM
They are only a free market believers if the topic involves Don Trump. Otherwise they’re fighting like hangry dogs on behalf of foreign market protectionism - on behalf of foreign megacorps and foreign workers. They hate hate hate American manufacturing workers with the power of 10,000 suns . . . and only want their vote at election time
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Post by: star seed 7 on April 04, 2025, 08:14:53 AM
I kind of feel bad for dax about the vat thing because he obviously doesn't understand what he's got confused. Of course at this point his daxian pride won't allow him to understand either.
Post by: steve dave on April 04, 2025, 08:21:20 AM
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Post by: steve dave on April 04, 2025, 08:32:08 AM
https://x.com/annmarie/status/1908149906709135671?s=46
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Post by: steve dave on April 04, 2025, 08:36:20 AM
https://x.com/quendergeer/status/1907873192053772502?s=46
https://x.com/copernicus2013/status/1907926470913307086?s=46
https://x.com/litcapital/status/1907813630227173534?s=46
https://x.com/ianbremmer/status/1907818948944429059?s=46
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Post by: Sandstone Outcropping on April 04, 2025, 08:42:10 AM
https://x.com/buccocapital/status/1907957675662389637?s=46Idiocracy.
https://x.com/quendergeer/status/1907873192053772502?s=46
https://x.com/copernicus2013/status/1907926470913307086?s=46
https://x.com/litcapital/status/1907813630227173534?s=46
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Post by: sonofdaxjones on April 04, 2025, 08:49:14 AM
I kind of feel bad for dax about the vat thing because he obviously doesn't understand what he's got confused. Of course at this point his daxian pride won't allow him to understand either.
I feel bad for StalkerBot because he always shows up to make these derp declarations and is so feeble and afraid, that refuses to provide any detail about why I am wrong.
He just declares it, and then runs away like an infant.
So simple, he can't even understand that VATS as high as 28% is 4x the average US sales tax rate, and those VATS as high as 28% are automatically applied at every point in the chain, and in the case of sales taxes in the US, they are NOT applied automatically at every point in the supply chain. Then throw the tariff on top of that.
But this is a concept that feeble brained people like StalkerBot will never - ever address.
Post by: BIG APPLE CAT on April 04, 2025, 08:51:53 AM
I have seen absolutely nothing in support of any of this whatsoever and i've tried to make a good faith effort to see if there's a legit counterargument to be made here.
Post by: sonofdaxjones on April 04, 2025, 08:52:46 AM
Reminder to viewers of this blog - a country can get almost automatic tariff reductions by entering into a fair trade deal with the United States.
In fact, I believe Don Trump is on record as saying he's all for no tariffs at all, and I am sure would be happy to discuss the elimination of AUTOMATIC VATS at every point in the supply chain with our alleged trading "partners" who we protect with billions upon billions of dollars of US taxpayer funded military capabilities.
#blueanongE - Fighting every day on behalf of the protectionist practices of our alleged "allies" and trading "partners" and for keeping the US trade deficit calculated in the . . . Trillions
Edit: #blueanongE - constantly claiming that we should reduce our defense spending (saying so when they aren't in full blown #neocongE mode) . . . but yet constantly flying air cover for our hyper protectionist trading partners who steadfastly refuse and/or slow roll stepping up to take a greater role in protecting themselves and assisting the US militarily if the need ever arises.
Post by: Sandstone Outcropping on April 04, 2025, 08:57:58 AM
guys i want to at least make an attempt to be fair and balanced here. Obviously there are roughly a million intellegent people shouting from the highest rooftops that this is absolutely terrible. Is there an actually legit reasonable non-mushbrained person who thinks any of this is a good idea? Like i'm sure that heritage foundation phD guy that dax is perpetually sucking off probably thinks this is all great and probably had some cherry picked stat that he's put into a misleading graph that even still doesn't really make much of a point but i mean actual reasonable people.The only reasoning I've seen is support of this is:
I have seen absolutely nothing in support of any of this whatsoever and i've tried to make a good faith effort to see if there's a legit counterargument to be made here.
"I believe in what he is doing"
"You need to Trust Trump"
"Trust his instincts"
"Well, we needed to do SOMETHING"
So those are some arguments very much rooted in sound economics and not cult-y brainwashing.
Post by: Stupid Fitz on April 04, 2025, 09:01:28 AM
Post by: sonofdaxjones on April 04, 2025, 09:01:48 AM
Post by: waks on April 04, 2025, 09:16:34 AM
Thought this article might be useful for some people struggling in this thread.
Post by: Sandstone Outcropping on April 04, 2025, 09:30:59 AM
https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html (https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html)Too bad the person who has declared himself Emperor of the $27 trillion US economy is too stupid to understand this.
Thought this article might be useful for some people struggling in this thread.
Post by: SleepFighter on April 04, 2025, 09:44:12 AM
I'm not reading everything in this thread, because I can't rough ridin' stand it, so I apologize if this has been posted already but here's (https://ustr.gov/issue-areas/reciprocal-tariff-calculations) the white paper showing how the "reciprocal" tariffs were calculated. It is impossibly stupid. I mean, it's got Greek letters in it! It must be complicated!
Except one of the parameters in the denominator is set to 4, and another one is set to .25, so the whole thing just cancels down to percentage trade imbalance. That's it.
So tiny poor countries, that can't possibly afford to import hardly any American goods, but have even a small number of exports to the US are levied with enormous tariffs. Who the eff does this protect? No one.
Two months ago the Atlanta Fed was projecting greater than 3% growth this quarter, now it is expecting a 3% reduction in GDP.
Tariffs, when used in moderation, can be used to protect an infant industry, prior to it being ready to compete on the global stage. That is not what is being done here.
This is the single dumbest, most economically illiterate policy I have ever seen proposed, much less enacted.
Any person that defends this crap is either:
- Misinformed
- Stupid
- Cruel
- Somehow Grifting
- Trolling
That's the rough ridin' list.
Post by: sonofdaxjones on April 04, 2025, 09:46:24 AM
https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html (https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html)
Thought this article might be useful for some people struggling in this thread.
#blueanon/#blueanongE still confused by "and"
And again, as always, at multiple points in the supply chain in the US, sales taxes are not applied. Whereas VATS in everything I know and have read, are applied at every point in the supply chain and few if any end users (buyers) are exempt from VATS.
Anecdotally I am looking at another quote from a US distributor of products all made off shore and we won't pay a sales tax and the end user/buyer is a sales tax exempt entity. No sales tax dollars will be collected in this trifecta of transactions.
Post by: waks on April 04, 2025, 09:50:00 AM
It's completely irrelevant to the conversation.https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html (https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html)
Thought this article might be useful for some people struggling in this thread.
#blueanon/#blueanongE still confused by "and"
Post by: LickNeckey on April 04, 2025, 09:55:39 AM
(https://uploads.tapatalk-cdn.com/20250403/b420f714154778da866bffe62235bc8b.jpg)
Sent from my iPhone using Tapatalk
Post by: cfbandyman on April 04, 2025, 10:18:09 AM
It's completely irrelevant to the conversation.https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html (https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html)
Thought this article might be useful for some people struggling in this thread.
#blueanon/#blueanongE still confused by "and"
Flailing also too
Post by: sonofdaxjones on April 04, 2025, 10:19:07 AM
It's completely irrelevant to the conversation.https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html (https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html)
Thought this article might be useful for some people struggling in this thread.
#blueanon/#blueanongE still confused by "and"
It is not . . . I just outlined a difference in my edit.
#blueanongE still confusing zero sales tax dollars collected vs up to 28% (or more) VATS automatically applied across every portion of the supply chain.
There's simply no logical way you can say the competitive footprint is equal in that scenario and that scenario happens within our supply chain millions of times a day.
Post by: sonofdaxjones on April 04, 2025, 10:23:43 AM
To add to that . . . I wonder what changed. #blueanon politicians have provided entire data centers full of material talking about the dangers of off shored jobs, the US worker being sold out, and in most cases that involved something about "Evil Republicans", and how massive trade deficits were not sustainable.
Post by: sonofdaxjones on April 04, 2025, 10:29:05 AM
live look at Dax talking about VAT(https://uploads.tapatalk-cdn.com/20250403/b420f714154778da866bffe62235bc8b.jpg)
Sent from my iPhone using Tapatalk
That fits you like a glove . . . Lick
That's you, bro :lol: :lol:
Particularly as it revolves around that amazing meltdown last week about Signal :lol: :lol:
Post by: SleepFighter on April 04, 2025, 10:32:47 AM
The latter is what we are currently doing. eff anyone who is for that for any reason.
Post by: wetwillie on April 04, 2025, 10:33:27 AM
Post by: waks on April 04, 2025, 10:34:03 AM
Except they are levied on domestic and imported goods equally. It's absolutely insane that you can't understand this.It's completely irrelevant to the conversation.https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html (https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html)
Thought this article might be useful for some people struggling in this thread.
#blueanon/#blueanongE still confused by "and"
It is not . . . I just outlined a difference in my edit.
#blueanongE still confusing zero sales tax dollars collected vs up to 28% (or more) VATS automatically applied across every portion of the supply chain.
There's simply no logical way you can say the competitive footprint is equal in that scenario and that scenario happens within our supply chain millions of times a day.
Post by: sonofdaxjones on April 04, 2025, 10:39:28 AM
What you should be asking is . . . if they were truly our partner, why aren't they lining up to negotiate a trade deal with the US that's fair for both sides.
We all know why, in multiple cases they want to protect their cheap, near slave labor practices (in some cases), and continue to take advantage of a taxing mechanism in the US that allows multiple work arounds . . . which in turn collectively allows their products to be cheaper in the market place. They in turn regularly slap high tariffs on US goods, particularly in areas where US companies excel which is in the upper end capital goods domain. Speaking of capital goods, China's state controlled manufacturing sector is highly subsidized which regularly allows them to under price the same from a US based company/manufacturer. The examples are numerous.
#blueanon/#blueanongE's response . . . just take it America, free trade, tho!!
Post by: Sandstone Outcropping on April 04, 2025, 10:39:38 AM
Post by: sonofdaxjones on April 04, 2025, 10:41:31 AM
Except they are levied on domestic and imported goods equally. It's absolutely insane that you can't understand this.It's completely irrelevant to the conversation.https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html (https://www.cnbc.com/2025/03/31/as-trump-reciprocal-tariffs-near-economists-say-vats-arent-trade-barrier.html)
Thought this article might be useful for some people struggling in this thread.
#blueanon/#blueanongE still confused by "and"
It is not . . . I just outlined a difference in my edit.
#blueanongE still confusing zero sales tax dollars collected vs up to 28% (or more) VATS automatically applied across every portion of the supply chain.
There's simply no logical way you can say the competitive footprint is equal in that scenario and that scenario happens within our supply chain millions of times a day.
Do foreign countries place tariffs on their own domestically built goods?
It's just amazing that you cannot grasp the concept of "and".
In addition, I am also talking about foreign good in our market place, that have not faced the automatic VAT at every step of the chain as they've entered into the US market. Why is this so hard?
Post by: Dugout DickStone on April 04, 2025, 10:42:08 AM
guys i want to at least make an attempt to be fair and balanced here. Obviously there are roughly a million intellegent people shouting from the highest rooftops that this is absolutely terrible. Is there an actually legit reasonable non-mushbrained person who thinks any of this is a good idea? Like i'm sure that heritage foundation phD guy that dax is perpetually sucking off probably thinks this is all great and probably had some cherry picked stat that he's put into a misleading graph that even still doesn't really make much of a point but i mean actual reasonable people.The only reasoning I've seen is support of this is:
I have seen absolutely nothing in support of any of this whatsoever and i've tried to make a good faith effort to see if there's a legit counterargument to be made here.
"I believe in what he is doing"
"You need to Trust Trump"
"Trust his instincts"
"Well, we needed to do SOMETHING"
So those are some arguments very much rooted in sound economics and not cult-y brainwashing.
the real non-havers are saying something about short term pain long term gain
Post by: Sandstone Outcropping on April 04, 2025, 10:42:28 AM
(https://pbs.twimg.com/media/Gns5jGLWgAA8bCG?format=jpg&name=large)
Post by: bucket on April 04, 2025, 10:42:58 AM
What was wrong with USMCA?
Trump negotiated so I thought it was perfect
Post by: Sandstone Outcropping on April 04, 2025, 10:43:33 AM
"it is good to taze yourself in the balls because what doesn't kill you makes you stronger"guys i want to at least make an attempt to be fair and balanced here. Obviously there are roughly a million intellegent people shouting from the highest rooftops that this is absolutely terrible. Is there an actually legit reasonable non-mushbrained person who thinks any of this is a good idea? Like i'm sure that heritage foundation phD guy that dax is perpetually sucking off probably thinks this is all great and probably had some cherry picked stat that he's put into a misleading graph that even still doesn't really make much of a point but i mean actual reasonable people.The only reasoning I've seen is support of this is:
I have seen absolutely nothing in support of any of this whatsoever and i've tried to make a good faith effort to see if there's a legit counterargument to be made here.
"I believe in what he is doing"
"You need to Trust Trump"
"Trust his instincts"
"Well, we needed to do SOMETHING"
So those are some arguments very much rooted in sound economics and not cult-y brainwashing.
the real non-havers are saying something about short term pain long term gain
Post by: sonofdaxjones on April 04, 2025, 10:44:32 AM
guys i want to at least make an attempt to be fair and balanced here. Obviously there are roughly a million intellegent people shouting from the highest rooftops that this is absolutely terrible. Is there an actually legit reasonable non-mushbrained person who thinks any of this is a good idea? Like i'm sure that heritage foundation phD guy that dax is perpetually sucking off probably thinks this is all great and probably had some cherry picked stat that he's put into a misleading graph that even still doesn't really make much of a point but i mean actual reasonable people.The only reasoning I've seen is support of this is:
I have seen absolutely nothing in support of any of this whatsoever and i've tried to make a good faith effort to see if there's a legit counterargument to be made here.
"I believe in what he is doing"
"You need to Trust Trump"
"Trust his instincts"
"Well, we needed to do SOMETHING"
So those are some arguments very much rooted in sound economics and not cult-y brainwashing.
the real non-havers are saying something about short term pain long term gain
The drama queens continually :bawl: :bawl: :bawl: and apparently don't take advantage of the copious level of buying opportunities.
I suppose the same have zero faith in our country. Pretty pathetic and sad. :frown:
Post by: sonofdaxjones on April 04, 2025, 10:49:20 AM
Laying the groundwork for blaming this disaster on "globalists" "the deep state" "RINOs" "the mainstream media elites sowing panic"
(https://pbs.twimg.com/media/Gns5jGLWgAA8bCG?format=jpg&name=large)
I literally just posted a video of #blueanon's own Nacy Pelosi standing in front of Congress telling us the sitting US President, a Democrat sold out the United States and the US worker.
That playbook has been used by Democrats for years . . . what changed?
Post by: Stupid Fitz on April 04, 2025, 10:55:34 AM
Post by: sonofdaxjones on April 04, 2025, 11:00:44 AM
1. #blueanongE self professed champions of the free market - are really just take it in the ass, America! types
2. #blueanongE cannot grasp that foreign goods do not face the automatic VAT gauntlet as they enter the US market place, and #blueanongE continually wants to claim sales taxes are equal to VATS. That would only be the case if 1. Sales taxes were automatically applied at every point in the supply chain as VATS are . . . and they are not in many circumstances as products entere the US supply chain. 2. If sales taxes were as a % equal to VATS . . . which in most cases, sales taxes are generally lower as a % then VATS
3. No #blueanongE'r can explain why trillion dollar plus trade deficits are good for the United States
4. #blueanongE clearly cannot grasp that per this administration Tariff relief is immediate if a fair trade deal is negotiated
5. The concept of a "partner" that does not treat the US and US companies fairly in trade is really not a partner.
Post by: sonofdaxjones on April 04, 2025, 11:11:06 AM
Post by: star seed 7 on April 04, 2025, 11:13:40 AM
Post by: sonofdaxjones on April 04, 2025, 11:16:53 AM
So you've changed your tactic from vats are unfair to American exports to vats are unfair to American domestic products and still don't understand why you're wrong about both?
Nothing has changed about what I've said.
There are not VATS on any products sold in America stalker bot.
I've already outlined just a few of the copious ways that sales taxes are not collected at multiple points in the US supply as compared to the automatic application of VATS at every point in the supply chain in foreign markets. Automatically applied VATS and tariffs for American products in numerous foreign market places. Not a very hard concept to grasp, except for #blueanongE and you.
I'm about to sell thousands of dollars in products produced off shore, and not a single dime in sales tax will be collected in the final 3 phases of this transaction.
On average sales taxes as a % are lower than the % of most automatically applied VATS . . . still a concept that #blueanongE cannot grasp.
Post by: Dugout DickStone on April 04, 2025, 11:22:48 AM
Post by: Cire on April 04, 2025, 11:23:44 AM
The real kicker? Context. If the deficit’s paired with solid growth and investment—like the U.S. GDP chugging along at 2-3%—it’s less of a boogeyman. But if it’s masking stagnation or a hollowed-out industrial base, that’s where it stings. Data from the Bureau of Economic Analysis shows the deficit’s been a thing since the 1970s, yet the U.S. keeps humming. Compare that to, say, Turkey, where trade gaps have sparked currency crises—different ballgame.
Post by: sonofdaxjones on April 04, 2025, 11:24:30 AM
Dang, thousands
It's one deal . . . that also comes with a large long term services contract.
My gawd, you're perpetually in DerpConOne
Post by: sonofdaxjones on April 04, 2025, 11:28:26 AM
A trade deficit can also mean you’ve got a strong economy—people with cash to burn on imports. The U.S. dollar’s status as the world’s reserve currency lets it run deficits without the chaos other nations might face; countries like Japan and China keep buying U.S. bonds to park their surpluses. Plus, imports often keep prices low—think $10 T-shirts at Walmart—which boosts living standards. Exports, meanwhile, were $2.5 trillion in 2024, with stuff like tech and planes still showing muscle.
The real kicker? Context. If the deficit’s paired with solid growth and investment—like the U.S. GDP chugging along at 2-3%—it’s less of a boogeyman. But if it’s masking stagnation or a hollowed-out industrial base, that’s where it stings. Data from the Bureau of Economic Analysis shows the deficit’s been a thing since the 1970s, yet the U.S. keeps humming. Compare that to, say, Turkey, where trade gaps have sparked currency crises—different ballgame.
I have not said the deficit needs to be zero.
But there's simply no way a trillion dollar plus trade deficit is good . . . that means multiple important US sectors are getting hurt.
It's particularly important relative to the fact that the largest part of that deficit is flowing to a US geo-strategic adversary who subsidizes their industries at a massive scale, and that scale is watered down because "experts" keep applying free market subsidization principles to a nation state where the economy does not exist in anything close to what the free market is supposed to be.
https://www.wsj.com/world/china/the-u-s-has-been-spending-billions-to-revive-manufacturing-but-china-is-in-another-league-75ed6309
https://www.forbes.com/sites/ethankarp/2024/10/30/china-has-bought-its-way-to-the-top-of-the-manufacturing-industry-where-does-that-leave-america/
Post by: star seed 7 on April 04, 2025, 11:35:31 AM
US product-
Steps 1-5 in manufacturing process no sales tax and no tariffs
Step 6 tariff applied to export
Step 7-9 vats added to each step
Step 10 vat added to end user
Foreign product-
Steps 1-5 in manufacturing process vats added at each step
Step 6 not needed!
Step 7-9 vats added to each step
Step 10 vat added to end user
Or the reverse
US product-
Steps 1-5 in manufacturing process no sales tax and no tariffs
Step 6 not needed!
Step 7-9 no sales tax, no tariffs
Step 10 sales tax added to end user
Foreign product-
Steps 1-5 in manufacturing process vats added at each step
Step 6 possible tariff, likely vat refunds
Step 7-9 no sales tax
Step 10 sales tax added to end user.
Steps 7-10 are the exact same in either instance. This is literally as basic as it can be explained to you.
Post by: sonofdaxjones on April 04, 2025, 11:38:18 AM
You've completely left out the fact that there are numerous scenarios where sales taxes are not collected on foreign good in the supply chain vs the automatic nature of VATS.
Post by: star seed 7 on April 04, 2025, 11:40:18 AM
Post by: star seed 7 on April 04, 2025, 11:43:35 AM
Post by: star seed 7 on April 04, 2025, 11:44:52 AM
Post by: sonofdaxjones on April 04, 2025, 11:46:09 AM
I'm very familiar with sales tax exemptions as my industry was in fabrication and we paid no sales tax on materials and generally the end user was exempt as well. It's not a hard concept to follow. I don't know why you keep bringing it up.
Because you keep avoiding the reality that VATS are automatically applied in the vast majority of instances no matter what. They are accessed at the national level in most instances.
Properly channeled deals in the United States can avoid state sales taxes entirely even it they don't involve tax exempt entities.
You also keep avoiding the take rate.
Post by: sonofdaxjones on April 04, 2025, 11:46:40 AM
Also these sales were in the 10's-100's of millions if we're bragging :gocho:
I wasn't bragging.
Post by: star seed 7 on April 04, 2025, 11:48:41 AM
Also these sales were in the 10's-100's of millions if we're bragging :gocho:
I wasn't bragging.
No, of course not ;)
Post by: sonofdaxjones on April 04, 2025, 11:49:01 AM
They're just being purposely obtuse
Post by: star seed 7 on April 04, 2025, 11:49:45 AM
Dax, do you think countries are collecting vats from the US for each step their product is used in the US supply chain?
Post by: sonofdaxjones on April 04, 2025, 11:49:59 AM
Also these sales were in the 10's-100's of millions if we're bragging :gocho:
I wasn't bragging.
No, of course not ;)
It was simply an example. I've sold deals worth millions upon millions of dollars and they weren't commodities.
Post by: star seed 7 on April 04, 2025, 11:51:49 AM
Also these sales were in the 10's-100's of millions if we're bragging :gocho:
I wasn't bragging.
No, of course not ;)
It was simply an example. I've sold deals worth millions upon millions of dollars and they weren't commodities.
:eek:
Who said anything about commodities? Lol
Post by: sonofdaxjones on April 04, 2025, 11:52:13 AM
Dax, do you think countries are collecting vats from the US for each step their product is used in the US supply chain?
No they aren't. Once a (one example) a US based distributor has bought the product from the foreign entity, the VATS stop.
Whereas VATS follow US products at every step in foreign markets
. . . and you're still completely avoiding the take rate
Post by: star seed 7 on April 04, 2025, 11:55:51 AM
Dax, do you think countries are collecting vats from the US for each step their product is used in the US supply chain?
No they aren't. Once a (one example) a US based distributor has bought the product from the foreign entity, the VATS stop.
Whereas VATS follow US products at every step in foreign markets
. . . and you're still completely avoiding the take rate
Do you have an example where a vat is not applied equally at those same steps for the non-us product?
Post by: Sandstone Outcropping on April 04, 2025, 11:59:45 AM
Laying the groundwork for blaming this disaster on "globalists" "the deep state" "RINOs" "the mainstream media elites sowing panic"
(https://pbs.twimg.com/media/Gns5jGLWgAA8bCG?format=jpg&name=large)
VERY BAD RINO SCUM already on the attack:
https://x.com/tedcruz/status/1908199132143210973
Post by: sonofdaxjones on April 04, 2025, 12:00:27 PM
Dax, do you think countries are collecting vats from the US for each step their product is used in the US supply chain?
No they aren't. Once a (one example) a US based distributor has bought the product from the foreign entity, the VATS stop.
Whereas VATS follow US products at every step in foreign markets
. . . and you're still completely avoiding the take rate
Do you have an example where a vat is not applied equally at those same steps for the non-us product?
So it's your stance that the common/standard definition of a VAT as it relates to foreign markets is incorrect? That being that VATS are applied at every point of the supply chain in foreign markets until it reaches the ultimate end user.
Whereas, I've just gave you an example where the VAT chain in US markets is ultimately broken before it reaches the ultimate end user.
. . . and you're still completely avoiding the take rate :lol: :lol:
Post by: star seed 7 on April 04, 2025, 12:04:13 PM
Dax, do you think countries are collecting vats from the US for each step their product is used in the US supply chain?
No they aren't. Once a (one example) a US based distributor has bought the product from the foreign entity, the VATS stop.
Whereas VATS follow US products at every step in foreign markets
. . . and you're still completely avoiding the take rate
Do you have an example where a vat is not applied equally at those same steps for the non-us product?
So it's your stance that the common/standard definition of a VAT as it relates to foreign markets is incorrect? That being that VATS are applied at every point of the supply chain in foreign markets until it reaches the ultimate end user.
Whereas, I've just gave you an example where the VAT chain in US markets is ultimately broken before it reaches the ultimate end user.
. . . and you're still completely avoiding the take rate :lol: :lol:
No, my stance is YOU are incorrect.
The rates are of no importance because they are applied equally. It's very simple to understand.
Post by: Sandstone Outcropping on April 04, 2025, 12:12:53 PM
Post by: sonofdaxjones on April 04, 2025, 12:16:58 PM
VATS are taken out of the equation for foreign goods in the US market at some point.
VATS are not taken out of the equation at any point of the transaction chain for US goods in foreign markets, they are automatic at every step.
So depending on the size of the chain, the compounding could be tremendous for US goods in foreign markets, particularly in the EU
Post by: star seed 7 on April 04, 2025, 12:18:50 PM
Post by: sonofdaxjones on April 04, 2025, 12:22:01 PM
Ok, so we've narrowed the issue down to you not understanding what equally applied means. What a waste of the last 7 pages.
We've easily concluded that you do not understand what automatic at every step means.
You also cannot grasp the concept that the VAT chain is broken multiple steps before a foreign product gets to a buyer in the United States.
This is quite clear.
Post by: waks on April 04, 2025, 12:26:39 PM
Ok, so we've narrowed the issue down to you not understanding what equally applied means. What a waste of the last 7 pages.it's incredible
Post by: sonofdaxjones on April 04, 2025, 12:31:49 PM
Post by: Cire on April 04, 2025, 12:34:31 PM
Post by: Stupid Fitz on April 04, 2025, 12:58:21 PM
https://bsky.app/profile/jburnmurdoch.ft.com/post/3llyhgg52vs2b
They will never turn against him. It is a cult
Post by: sonofdaxjones on April 04, 2025, 01:01:28 PM
Post by: Dugout DickStone on April 04, 2025, 01:02:30 PM
Post by: BIG APPLE CAT on April 04, 2025, 01:12:26 PM
Post by: sonofdaxjones on April 04, 2025, 01:18:13 PM
dax your understanding of VATS...speaks volumes.
The broad brush approach of saying it's all equal is pure folly and is only applicable if all steps are exactly the same and the take rate is exactly equal.
The VAT take covers every step for a US good entering the foreign market that doesn't end until the product hits the consumer.
I've outlined a very common scenario where the VAT chain ends for foreign goods entering the US market and that chain can end well before the product hits the retail/consumer level.
Post by: LickNeckey on April 04, 2025, 01:43:25 PM
Pubs forever have wanted to replace income tax with increased sales (consumption taxes) as a mechanism to reduce income tax
This is simply the way for Trump to unilaterally do this. (shitting on the entirety of the world economy is an unfortunate byproduct)
Post by: cfbandyman on April 04, 2025, 01:43:48 PM
Post by: LickNeckey on April 04, 2025, 01:51:36 PM
Post by: steve dave on April 04, 2025, 01:58:30 PM
https://x.com/Acyn/status/1908230980600791055
Post by: Institutional Control on April 04, 2025, 01:58:40 PM
Post by: wetwillie on April 04, 2025, 01:59:46 PM
Post by: cfbandyman on April 04, 2025, 01:59:52 PM
Trump offered to reduce tariffs on China for approving the sale of TikTok. What mumped up priorities.
Art of the deal
Post by: steve dave on April 04, 2025, 02:03:31 PM
https://x.com/buccocapital/status/1908233281507598397
Post by: Sandstone Outcropping on April 04, 2025, 02:27:18 PM
LMAOOOOOOAAAOOOOOOOO
https://x.com/Acyn/status/1908230980600791055
Post by: steve dave on April 04, 2025, 02:31:56 PM
Sent from my iPhone using Tapatalk
Post by: CNS on April 04, 2025, 02:43:02 PM
https://x.com/watcherguru/status/1908237577217597569?s=46
Sent from my iPhone using Tapatalk
Intentionally, for some reason.
Post by: michigancat on April 04, 2025, 03:10:07 PM
lmao
https://x.com/buccocapital/status/1908233281507598397
That guy's a piece of work
Post by: sonofdaxjones on April 04, 2025, 04:03:58 PM
lets be honest here
Pubs forever have wanted to replace income tax with increased sales (consumption taxes) as a mechanism to reduce income tax
This is simply the way for Trump to unilaterally do this. (shitting on the entirety of the world economy is an unfortunate byproduct)
Let's be honest . . . what you and the rest of #blueanon/#blueanongE are saying is that you'll forever be for the US getting crap on by alleged "partners" that the US and the US taxpayers afford an unparalleled level of security. China excluded of course. Relative to China, what you're saying is that please continue to use the powers of the state to subsidize your industry and continue to undercut US companies at every turn and dominate entire sectors up to including heavy goods which include alternative energy producing products. Hey bitches, learn to code and keep buying those Chinese solar panels to power your laptops. :thumbsup: Free trade, tho!!
All your blubbering about increasing manufacturing, particularly of geo-strategic and heavy goods is just window dressing for a political agenda to garner votes.
Post by: Dugout DickStone on April 04, 2025, 04:30:02 PM
Post by: sonofdaxjones on April 04, 2025, 04:32:35 PM
The derp is so onbrand its a cliche at this point.
Post by: wetwillie on April 04, 2025, 04:34:10 PM
Post by: steve dave on April 04, 2025, 04:38:50 PM
I didn't think I'd ever see the market tank that hard let alone twice under the same presidentYou can’t lie to or bully the market. Which is why it rules.
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Post by: sonofdaxjones on April 04, 2025, 04:44:37 PM
Weird.
Post by: Dugout DickStone on April 04, 2025, 05:44:47 PM
If you can't lie to the market, why did a well known Fed Chairman coin "irrational exuberance" and why The Fed must always be cognizant of said exuberance unduly escalating asset values
Weird.
What a stunning retort to all history and economics ever.
Post by: sonofdaxjones on April 04, 2025, 06:29:24 PM
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Post by: wetwillie on April 04, 2025, 06:35:22 PM
Post by: sonofdaxjones on April 04, 2025, 07:30:49 PM
They’ve exhibited that (again) on this blog today.
In addition comparing Covid to Ukraine?
LMAO
DerpCon One with #blueanongE rolls into the weekend.
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Post by: Institutional Control on April 04, 2025, 08:43:22 PM
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Post by: sonofdaxjones on April 04, 2025, 09:06:01 PM
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Post by: sonofdaxjones on April 04, 2025, 09:51:13 PM
(https://uploads.tapatalk-cdn.com/20250405/23f000ad9d3183028f53f568ecdfa015.jpg)
Barrack Obama
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Post by: Spracne on April 04, 2025, 10:03:31 PM
Post by: sonofdaxjones on April 04, 2025, 10:17:37 PM
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Post by: sonofdaxjones on April 04, 2025, 10:17:54 PM
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Post by: Spracne on April 04, 2025, 10:21:22 PM
Post by: sonofdaxjones on April 04, 2025, 10:22:08 PM
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Post by: bucket on April 04, 2025, 11:28:53 PM
Post by: steve dave on April 04, 2025, 11:29:46 PM
I'm kinda pak'd and I was just thinking it probably wasn't wise to do a trade war with the whole world. Like, maybe Canada, or China or Europe but the whole world?It’s going well so far
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Post by: Spracne on April 04, 2025, 11:58:25 PM
California Governor Gavin Newsom has announced plans to counter President Donald Trump's sweeping tariffs by pursuing independent trade strategies to protect the state's economy. Here are the key developments:
Independent Trade Agreements: Newsom aims to negotiate exemptions for California-made products from retaliatory tariffs imposed by nations affected by Trump's tariff hikes. He emphasized California's role as a reliable trading partner and its economic significance as the world's fifth-largest economy, contributing 14% of U.S. GDP.
Impact of Tariffs: Trump's tariffs include a baseline 10% duty on all imports, with higher rates for specific trade partners, such as 34% on Chinese goods and 20% on European imports. These measures risk disrupting California's agricultural exports (e.g., almonds, dairy, pistachios) and critical supply chains, particularly in construction materials needed for wildfire recovery efforts in Los Angeles.
California's Trade Strategy: Newsom's administration plans to strengthen ties with international partners through strategic relationships and promote stability for businesses and workers impacted by federal trade policies. California has already signed 38 international agreements with 28 foreign partners.
Legal Challenges: Experts highlight that California faces constitutional constraints under the Commerce Clause, which reserves foreign trade negotiations for the federal government. This raises questions about the feasibility of Newsom's approach.
^^It certainly has the potential to be really unconstitutional. This is the kind of crap Republicans pull. I like it.
Post by: steve dave on April 05, 2025, 12:08:06 AM
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Post by: Stupid Fitz on April 05, 2025, 10:00:32 AM
(https://uploads.tapatalk-cdn.com/20250405/23c55550adad8feadb616095f4bd8827.jpg)
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Yikes, when do you think the media is going to start talking about how old he looks/acts like they did with Biden? He looks just awful. Sad they keep propping him up and shoving him out there.
Post by: steve dave on April 05, 2025, 10:02:48 AM
https://x.com/DeItaone/status/1908534273268687020
Post by: CNS on April 05, 2025, 10:20:38 AM
Post by: wetwillie on April 05, 2025, 10:30:32 AM
Post by: michigancat on April 05, 2025, 10:42:59 AM
Vietnam caved, only 100 more countries to go.
What were their tariffs before? Literally no one knew or cared
Post by: CNS on April 05, 2025, 10:46:51 AM
Vietnam caved, only 100 more countries to go.
I heard on a news podcast that they had caved before the tariffs were announced. They caved from
The initial threat.
Post by: CHONGS on April 05, 2025, 10:47:09 AM
The question is how long can the GOP senators and reps hold on? We are only a month or so away from the end of the first 100days, which marks the beginning of focus time for midterms. If they stay in the cult, and if dipshit stays the course, there is going to be a bloodbath.Dax is your bellweather. If he's still for it, Republicans are in.
This is a generational commitment. Dax will never go against Trump, so Republicans won't either.
Post by: Stupid Fitz on April 05, 2025, 10:54:36 AM
The question is how long can the GOP senators and reps hold on? We are only a month or so away from the end of the first 100days, which marks the beginning of focus time for midterms. If they stay in the cult, and if dipshit stays the course, there is going to be a bloodbath.Dax is your bellweather. If he's still for it, Republicans are in.
This is a generational commitment. Dax will never go against Trump, so Republicans won't either.
They will never turn against him. The only hope is that the wreckage brings out people to vote. Weird how there are a lot of anti voting bills and that they are allowing Leon to buy votes without repercussions right now. Prob just a coincidence.
Post by: wetwillie on April 05, 2025, 10:54:53 AM
Vietnam caved, only 100 more countries to go.
I heard on a news podcast that they had caved before the tariffs were announced. They caved from
The initial threat.
More like a Fake News podcast
Post by: steve dave on April 05, 2025, 11:02:30 AM
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Post by: CNS on April 05, 2025, 12:00:05 PM
The question is how long can the GOP senators and reps hold on? We are only a month or so away from the end of the first 100days, which marks the beginning of focus time for midterms. If they stay in the cult, and if dipshit stays the course, there is going to be a bloodbath.Dax is your bellweather. If he's still for it, Republicans are in.
This is a generational commitment. Dax will never go against Trump, so Republicans won't either.
I don't think this is correct. I may be wrong. I am certainly wrong all the time when it comes to the extent of beta behavior Dipshit is able to extract from dumbasses.
Post by: mocat on April 05, 2025, 01:17:28 PM
Post by: mocat on April 05, 2025, 01:20:43 PM
Post by: Sandstone Outcropping on April 05, 2025, 02:07:50 PM
Don’t forget the 3rd Law of Trump: Trump will never face accountability for any of his actions.The question is how long can the GOP senators and reps hold on? We are only a month or so away from the end of the first 100days, which marks the beginning of focus time for midterms. If they stay in the cult, and if dipshit stays the course, there is going to be a bloodbath.Dax is your bellweather. If he's still for it, Republicans are in.
This is a generational commitment. Dax will never go against Trump, so Republicans won't either.
I don't think this is correct. I may be wrong. I am certainly wrong all the time when it comes to the extent of beta behavior Dipshit is able to extract from dumbasses.
Post by: steve dave on April 06, 2025, 08:02:29 AM
https://x.com/yahoofinance/status/1908861312714564013?s=46
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Post by: sonofdaxjones on April 06, 2025, 12:51:20 PM
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Post by: sonofdaxjones on April 06, 2025, 12:55:40 PM
https://twitter.com/kanekoathegreat/status/1907920032950304952?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: sonofdaxjones on April 06, 2025, 12:57:19 PM
Your keyboard keeps writing checks you can’t cover.The question is how long can the GOP senators and reps hold on? We are only a month or so away from the end of the first 100days, which marks the beginning of focus time for midterms. If they stay in the cult, and if dipshit stays the course, there is going to be a bloodbath.Dax is your bellweather. If he's still for it, Republicans are in.
This is a generational commitment. Dax will never go against Trump, so Republicans won't either.
It’s also very weird you keep driving by almost exclusively to talk at me or about me
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Post by: sonofdaxjones on April 06, 2025, 01:19:41 PM
https://twitter.com/DefiyantlyFree/status/1907822210934288566
Post by: sonofdaxjones on April 06, 2025, 01:26:31 PM
1. That you understand that all countries need to do is negotiate with the United States an even playing field trade deal, and tariffs can be greatly reduced if not eliminated.
2. That you truly are champions of the free market and not just hyperpartisan easily manipulated derps - by clearly proclaiming that you are mad AF that so many of our alleged "partners" are protectionists who apparently do not believe in the free market system you champion
Please respond below (I invite accreditation bodies to review)
Post by: Rage Against the McKee on April 06, 2025, 02:48:36 PM
It took Clinton- DNC COLUSION to derail this guys run for the presidency (while she was also colluding with foreign entities who were colluding with Russian intelligence to formulate the RUSSIA RUSSIA RUSSIA narrative)
https://twitter.com/kanekoathegreat/status/1907920032950304952?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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I don't think posting how Trump's economic policy isn't any different than these socialist dipshits' policies is the flex you think it is.
Post by: steve dave on April 06, 2025, 02:52:45 PM
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Post by: Dugout DickStone on April 06, 2025, 03:18:32 PM
I don’t even remember what the tariff levels were during the Bernie Sanders and Hillary Clinton regimes. Let alone the Barrack Hussein era of terror.
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chat gpt hadn't been invented yet
Post by: Rage Against the McKee on April 06, 2025, 04:08:41 PM
Post by: wetwillie on April 06, 2025, 04:11:57 PM
Obama is looking pretty good right now.
Agreed
Post by: steve dave on April 06, 2025, 04:46:54 PM
(https://scontent-dfw5-2.xx.fbcdn.net/v/t39.30808-6/489419743_1071639598327349_1925869481283998626_n.jpg?_nc_cat=107&ccb=1-7&_nc_sid=127cfc&_nc_ohc=gXVCysqtsucQ7kNvwE978CZ&_nc_oc=AdkIAeV7lDLu3-zisYtObe0FKbaFKVpjVVzTPmdywfnKQk04ZyyEXML6gmqFVUxlTbo&_nc_zt=23&_nc_ht=scontent-dfw5-2.xx&_nc_gid=CAh9qXlqnwUHBbucdfCpmw&oh=00_AfFUufgKPRSW72Mi_WT3a0uZI-hXwPWCp0MijbFEYP_YtA&oe=67F8C64F)
Post by: DaBigTrain on April 06, 2025, 05:36:46 PM
Post by: LickNeckey on April 06, 2025, 05:57:33 PM
I did not anticipate that Donald Trump would open conservative eyes to some of the challenges of free market capitalism
Post by: steve dave on April 06, 2025, 06:00:14 PM
Futures look incredible for market open tomorrow. ‘MERICA
yes, this is what winning looks like actually
https://x.com/unusual_whales/status/1909004135162417467
Post by: steve dave on April 06, 2025, 06:03:13 PM
https://x.com/atrupar/status/1908895557973598536
Post by: Rage Against the McKee on April 06, 2025, 06:24:08 PM
Post by: Stupid Fitz on April 06, 2025, 06:32:12 PM
The guy playing has to be rough ridin' around and/or maybe just discovered mushrooms or something.
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Post by: Sandstone Outcropping on April 06, 2025, 06:56:17 PM
GOOD NEWS SCREW DRIVER GUYS! (not you illegals)
https://x.com/atrupar/status/1908895557973598536
SIAP:
https://youtu.be/inlDT62oGy8?si=lRwx051dK3vy-n8h
Post by: wetwillie on April 06, 2025, 07:11:30 PM
Post by: sonofdaxjones on April 06, 2025, 08:15:35 PM
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Post by: LickNeckey on April 06, 2025, 08:21:56 PM
Senate Republicans say the debt limit needs to be raised by at least $5 trillion to push the issue beyond the 2026 midterm election, warning that otherwise the Republican-controlled Congress might find itself in the tough position of having to raise the debt limit another time right before next year’s election.
Post by: Spracne on April 06, 2025, 09:36:38 PM
https://twitter.com/shipwreckedcrew/status/1908412951482294735?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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So, this guy--whom apparently I should take seriously--just said with a straight face that Trump is intentionally wrecking our economy and erasing trillions of dollars from the retirement accounts of ordinary Americans just to lock in a slightly lower interest rate during its next bond-buying spree? You can tell that guy is definitely MAGA, on account of the brain worms.
Post by: steve dave on April 06, 2025, 10:02:40 PM
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Post by: steve dave on April 06, 2025, 10:03:56 PM
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Post by: wetwillie on April 06, 2025, 10:29:50 PM
Post by: steve dave on April 06, 2025, 10:33:28 PM
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Post by: steve dave on April 06, 2025, 10:36:17 PM
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Post by: sonofdaxjones on April 07, 2025, 09:58:34 AM
I believe this was the "well know a recession when we see it" period. I didn't see a lot of drama queening then . . . and all the President Robo Pen administration did was troll out a bunch worthless bullshit.
Post by: star seed 7 on April 07, 2025, 10:26:43 AM
Post by: cfbandyman on April 07, 2025, 10:28:04 AM
Post by: michigancat on April 07, 2025, 10:39:47 AM
https://x.com/CNBC/status/1909258484559855805
yeesh
Post by: michigancat on April 07, 2025, 10:43:28 AM
https://x.com/TrumpDailyPosts/status/1909263788295041257
Post by: Stupid Fitz on April 07, 2025, 10:49:43 AM
thank you, sir
https://x.com/TrumpDailyPosts/status/1909263788295041257
Why does he care so much about retaliatory tariffs? Shouldn't he be happy the other countries will be rich as crap too?
Post by: cfbandyman on April 07, 2025, 10:53:32 AM
thank you, sir
https://x.com/TrumpDailyPosts/status/1909263788295041257
Why does he care so much about retaliatory tariffs? Shouldn't he be happy the other countries will be rich as crap too?
He only cares about winning
Post by: LickNeckey on April 07, 2025, 10:55:01 AM
(https://pbs.twimg.com/media/Gb_oIbdXgAAUJOA.jpg)
Post by: CNS on April 07, 2025, 12:20:47 PM
Post by: Dugout DickStone on April 07, 2025, 12:55:19 PM
I assume the plan is to take the grift coin and truth social proceeds and roll them into legit Fortune 500 ownership stakes once he has crashed the market.
This and get the gov into the crypto market.
Post by: sonofdaxjones on April 07, 2025, 01:06:42 PM
Also, right in the middle of what should have been a colossus of a post Covid rebound, the Pedo Pete administration oversaw a 25% to 30% market correction. But that's when we could call them "corrections" . . . now when #blueanon isn't power it's the end of the world as we know it. :lol:
Thus between the 2 factions that reside inside the uniparty . . . the market isn't the real economy clamor has been loudest from the #blueanon side, until they decide it is the real economy, of course. :thumbsup:
Post by: Stevesie60 on April 07, 2025, 02:19:47 PM
Post by: LickNeckey on April 07, 2025, 02:22:03 PM
#blueanongE - If you need a great conspiracy theory - #blueanongE delivers every single time :thumbsup:
Also, right in the middle of what should have been a colossus of a post Covid rebound, the Pedo Pete administration oversaw a 25% to 30% market correction. But that's when we could call them "corrections" . . . now when #blueanon isn't power it's the end of the world as we know it. :lol:
Thus between the 2 factions that reside inside the uniparty . . . the market isn't the real economy clamor has been loudest from the #blueanon side, until they decide it is the real economy, of course. :thumbsup:
(https://media.licdn.com/dms/image/v2/C4D12AQGb6x2B9wxjBg/article-cover_image-shrink_600_2000/article-cover_image-shrink_600_2000/0/1584049072152?e=2147483647&v=beta&t=8EQOfWK7Zer8QZPpMdQUtdx_Tkgd42AzQJUums0JqIU)
Post by: sonofdaxjones on April 07, 2025, 03:07:46 PM
But you guys are incredible drama queens. I will give you that.
LickNeckey: A full time deflection experience
Post by: sonofdaxjones on April 07, 2025, 03:13:57 PM
Also LMAO at the talking point about Canadian tariffs only kicking in at certain points . . . without fully acknowledging that those points were designed to keep the supply of US goods artificially low which in turn creates both supply and price pressure.
#blueanongE - Champions for the Free Market - But still wanting to sit in the chair in the corner.
Very weird
Post by: michigancat on April 07, 2025, 03:16:54 PM
Still waiting on #blueanongE to stand up and affirm how mad AF they are that for so many years our alleged "trading partners" eschewed the free market system that #blueanongE proclaims they are stalwart defenders of and advocates for . . . (but only when they're being hyper-partisans).
Very weird
if you take out VATs and China, who do you think was the most unfair to us before last week? Vietnam? Thailand? Mexico? Please point to your posts highlighting this unfair practices that you were very concerned with before last week as well.
Post by: sonofdaxjones on April 07, 2025, 03:18:51 PM
Still waiting on #blueanongE to stand up and affirm how mad AF they are that for so many years our alleged "trading partners" eschewed the free market system that #blueanongE proclaims they are stalwart defenders of and advocates for . . . (but only when they're being hyper-partisans).
Very weird
if you take out VATs and China, who do you think was the most unfair to us before last week? Vietnam? Thailand? Mexico? Please point to your posts highlighting this unfair practices that you were very concerned with before last week as well.
cRusty - #blueanongE has perpetually played the "Free Market Card" over the years on this blog when it fits its narrative. I have not.
Post by: BIG APPLE CAT on April 07, 2025, 03:21:07 PM
Still waiting on #blueanongE to stand up and affirm how mad AF they are that for so many years our alleged "trading partners" eschewed the free market system that #blueanongE proclaims they are stalwart defenders of and advocates for . . . (but only when they're being hyper-partisans).
Very weird
if you take out VATs and China, who do you think was the most unfair to us before last week? Vietnam? Thailand? Mexico? Please point to your posts highlighting this unfair practices that you were very concerned with before last week as well.
cRusty - #blueanongE has perpetually played the "Free Market Card" over the years on this blog when it fits its narrative. I have not.
so you don't actually care, you're just being a good boy and shouting whatever talking points you get from the thought leaders?
Post by: sonofdaxjones on April 07, 2025, 03:26:25 PM
Still waiting on #blueanongE to stand up and affirm how mad AF they are that for so many years our alleged "trading partners" eschewed the free market system that #blueanongE proclaims they are stalwart defenders of and advocates for . . . (but only when they're being hyper-partisans).
Very weird
if you take out VATs and China, who do you think was the most unfair to us before last week? Vietnam? Thailand? Mexico? Please point to your posts highlighting this unfair practices that you were very concerned with before last week as well.
cRusty - #blueanongE has perpetually played the "Free Market Card" over the years on this blog when it fits its narrative. I have not.
so you don't actually care, you're just being a good boy and shouting whatever talking points you get from the thought leaders?
Those are my own thoughts. If you're just going to do your usual frontier gibberish and be all mad because I posted something, then don't bother.
Over the years #blueanongE has constantly positioned itself as champions of the Free Market and of course only spoken out on such when they thought a Republican was being anti free market.
So I am simply asking the resident champions of the free market to let it out and tell us how upset that they are that our "partners" have engaged in so much protectionism.
Post by: michigancat on April 07, 2025, 04:08:29 PM
cRusty - #blueanongE has perpetually played the "Free Market Card" over the years on this blog when it fits its narrative. I have not.
I genuinely have no idea what you're talking about.
Post by: sonofdaxjones on April 07, 2025, 04:24:03 PM
Post by: LickNeckey on April 07, 2025, 04:45:00 PM
Post by: sonofdaxjones on April 07, 2025, 05:21:07 PM
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Post by: sonofdaxjones on April 07, 2025, 05:21:44 PM
"The Chinese make no effort to prevent the ripping off of our intellectual property. These are our crown jewels. The thinking. The great creativity. The great entrepreneurialness of the American business community is just taken, and they shrug their shoulders."
Charles “Chuck” Schumer - 2005
Said as chuck was pushing for a 27.5% tariff on Chinese goods.
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Post by: michigancat on April 07, 2025, 05:31:32 PM
"Much of that trade surplus is because the Chinese don't play fair. They don't let our goods into their country. I can tell you company after company in New York who cannot sell goods in China or can only sell them under impossible conditions."
"The Chinese make no effort to prevent the ripping off of our intellectual property. These are our crown jewels. The thinking. The great creativity. The great entrepreneurialness of the American business community is just taken, and they shrug their shoulders."
Charles “Chuck” Schumer - 2005
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LMAO right before the iPhone launch
Post by: michigancat on April 07, 2025, 07:00:50 PM
https://x.com/dieworkwear/status/1909294099414577641
Post by: michigancat on April 07, 2025, 07:03:50 PM
Workwear guy had me for a second lmaoFor reference there are a lot of these
https://x.com/dieworkwear/status/1909294099414577641
https://x.com/dieworkwear/status/1909280474272583768
Post by: sonofdaxjones on April 07, 2025, 07:14:57 PM
https://twitter.com/mazemoore/status/1909318927357792640?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: Spracne on April 07, 2025, 07:18:54 PM
Post by: sonofdaxjones on April 07, 2025, 10:02:31 PM
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Post by: Cire on April 08, 2025, 06:48:35 AM
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Post by: LickNeckey on April 08, 2025, 07:15:38 AM
Do I need to open an Etsy shop that we will make Benin buy stuff from?
Post by: OB_Won on April 08, 2025, 08:18:12 AM
Do we even produce enough products to "balance" trade with the world?I’ve got some bad news for you about where you get many if not most of your tools and raw materials from. The first round of products will be ok, but when it comes time to replenish inventory or replace tools you’re gonna have issues.
Do I need to open an Etsy shop that we will make Benin buy stuff from?
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Post by: Stupid Fitz on April 08, 2025, 08:26:28 AM
Do we even produce enough products to "balance" trade with the world?I’ve got some bad news for you about where you get many if not most of your tools and raw materials from. The first round of products will be ok, but when it comes time to replenish inventory or replace tools you’re gonna have issues.
Do I need to open an Etsy shop that we will make Benin buy stuff from?
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This is exactly why I'm breaking ground on my banana factory ASAP.
Post by: LickNeckey on April 08, 2025, 08:28:43 AM
Do we even produce enough products to "balance" trade with the world?I’ve got some bad news for you about where you get many if not most of your tools and raw materials from. The first round of products will be ok, but when it comes time to replenish inventory or replace tools you’re gonna have issues.
Do I need to open an Etsy shop that we will make Benin buy stuff from?
Sent from my iPhone using Tapatalk
will go home to the farm and make straw men
if Benin won't buy them i can always sell them to dax
Post by: sonofdaxjones on April 08, 2025, 09:05:14 AM
I suppose as the receipts continue to roll in from the titans of their movement demanding tariffs and the dissolution of trade deals.
The pace of deflection is only going to quicken.
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Post by: cfbandyman on April 08, 2025, 09:06:06 AM
(https://uploads.tapatalk-cdn.com/20250408/b3fbc7790a6b141ba6f3f1621092c890.jpg)
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lol, perfect
Post by: Sandstone Outcropping on April 08, 2025, 09:33:06 AM
https://x.com/TheMaineWonk/status/1909602761890525370
see also:
(https://pbs.twimg.com/media/GoBKvWgWAAAdjOn?format=jpg&name=small)
Post by: sonofdaxjones on April 08, 2025, 09:37:40 AM
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Post by: sonofdaxjones on April 08, 2025, 09:41:39 AM
https://twitter.com/devorydarkins/status/1909378951707083077?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: michigancat on April 08, 2025, 09:59:45 AM
He doesn’t know what he’s talking about - #blueanongE (probably)
https://twitter.com/devorydarkins/status/1909378951707083077?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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honestly I think he understands VATs about as well as you do lol
Post by: sonofdaxjones on April 08, 2025, 10:13:49 AM
Smart people also understand that at some point of the supply chain for imports into the US, the VATS stop. In the reverse, they flow all the way through.
I don't get why that's so hard.
Post by: michigancat on April 08, 2025, 10:20:06 AM
If you're angle is that the buyer pays the VATs - we all understand that.
Smart people also understand that at some point of the supply chain for imports into the US, the VATS stop. In the reverse, they flow all the way through.
I don't get why that's so hard.
I think the problem is you and Marlin Steel are comparing:
US selling to Germany vs. Germany selling to the US
when the comparison should be:
US selling to Germany vs. Germany selling to Germany and US selling to US vs. Germany selling to US
The first comparison is irrelevant. Second one is the true illustrator of competition.
Post by: sonofdaxjones on April 08, 2025, 10:33:20 AM
Post by: Justwin on April 08, 2025, 10:44:01 AM
It's not apples and apples. Particularly if there's additional steps in the supply chain, and knowing that the German VAT on average is 3x the average US sales tax, and is applied at every step.
So if the US is going to start assessing foreign on the basis of the VATs in their home country, is the US going to implement those same assessments on the US firms those foreign firms are competing against?
Post by: sonofdaxjones on April 08, 2025, 10:47:26 AM
It's not apples and apples. Particularly if there's additional steps in the supply chain, and knowing that the German VAT on average is 3x the average US sales tax, and is applied at every step.
So if the US is going to start assessing foreign on the basis of the VATs in their home country, is the US going to implement those same assessments on the US firms those foreign firms are competing against?
I don't think so.
Edit: I was just trying to read about what US automakers face when trying to sell in Germany and the EU. It's fascinating. Whereas the reverse for their automakers is quite easy, a very simple supply chain - distribution/dealer concept that anyone could understand.
On top of the fact, due to environmental rules, it appears that Ford (one example) has given up trying to sell IC cars in Germany. Opting for vastly more expensive to produce EV's.
Lots of German IC cars available in the United States . . . lots.
Post by: star seed 7 on April 08, 2025, 11:38:39 AM
If you're angle is that the buyer pays the VATs - we all understand that.
Smart people also understand that at some point of the supply chain for imports into the US, the VATS stop. In the reverse, they flow all the way through.
I don't get why that's so hard.
I think the problem is you and Marlin Steel are comparing:
US selling to Germany vs. Germany selling to the US
when the comparison should be:
US selling to Germany vs. Germany selling to Germany and US selling to US vs. Germany selling to US
The first comparison is irrelevant. Second one is the true illustrator of competition.
I think dax also has a pretty big misunderstanding how a vat is calculated and collected.
Post by: star seed 7 on April 08, 2025, 11:41:20 AM
Post by: sonofdaxjones on April 08, 2025, 11:55:23 AM
Post by: DaBigTrain on April 08, 2025, 11:58:52 AM
Post by: sonofdaxjones on April 08, 2025, 12:03:17 PM
Look at this blog, trade - war - international relations - Covid - domestic policy -
A veritable potpourri of melting down - and expertise on everything :thumbsup:
Post by: star seed 7 on April 08, 2025, 12:21:51 PM
I understand it perfectly.
Of course you do ;)
Post by: LickNeckey on April 08, 2025, 01:28:40 PM
:billdance:
almost great again
Post by: michigancat on April 08, 2025, 01:39:16 PM
104% on china
:billdance:
almost great again
It's absolute madness
Post by: Sandstone Outcropping on April 08, 2025, 01:42:10 PM
104% on chinaShouldn't we raise the tariffs against Canada to 11 billion percent to be 1000% sure we have stopped all the Canadian fentanyl?
:billdance:
almost great again
Post by: sonofdaxjones on April 08, 2025, 01:48:59 PM
Meanwhile we know that China's economy is not good right now.
I still find it very strange that the self professed champions of the Free Market are fretting so much about China, when one of the cornerstone's of their movement has stood on the floors of congress for the past 30 years screaming about the ChiComs and just 6 or 7 years ago was calling out Don Trump by name in the sacred chambers of our Congress for not doing something about the got damn Chinese. Insert the laundry list of grievances Charles Chuck Schumer has with China here.
I think the question you should be asking is, why doesn't China step up to the table instead of firing off more rhetoric? By all accounts other regional players are negotating with the US right now on trade.
As stated before, I am fascinated that the self professed champions of the free market are always ready to sign the US up for more taking it in the back side . . . but we all know why they are doing that. :thumbsup:
Post by: LickNeckey on April 08, 2025, 02:01:46 PM
:kstategrad: :kstategrad: :kstategrad: :kstategrad: :kstategrad:
Post by: LickNeckey on April 08, 2025, 02:10:41 PM
ah well
nevertheless
Post by: catastrophe on April 08, 2025, 03:02:27 PM
its going to be fun to look back and ask ourselves why we didn't just tax rich people at a slightly higher rate
ah well
nevertheless
We'll have a laugh about it on the factory floor when all those sweet sweet manufacturing jobs come back to the U.S. and we can finally shed these damned white collars.
Post by: Cire on April 08, 2025, 03:05:07 PM
its going to be fun to look back and ask ourselves why we didn't just tax rich people at a slightly higher rate
ah well
nevertheless
If you read about the time period that MAGA wants to return to, taxing the rich was actually an outcome.
then maga has spent the last 100 years trying to undo it.
Post by: cfbandyman on April 08, 2025, 03:17:58 PM
104% on chinaShouldn't we raise the tariffs against Canada to 11 billion percent to be 1000% sure we have stopped all the Canadian fentanyl?
:billdance:
almost great again
One Million
(https://mathymoments.com/wp-content/uploads/2018/06/ndbb96k.png)
Post by: Dugout DickStone on April 08, 2025, 03:28:47 PM
its going to be fun to look back and ask ourselves why we didn't just tax rich people at a slightly higher rate
ah well
nevertheless
We'll have a laugh about it on the factory floor when all those sweet sweet manufacturing jobs come back to the U.S. and we can finally shed these damned white collars.
That Michael Keaton auto plant movie was fun
Post by: cfbandyman on April 08, 2025, 04:01:57 PM
its going to be fun to look back and ask ourselves why we didn't just tax rich people at a slightly higher rate
ah well
nevertheless
We'll have a laugh about it on the factory floor when all those sweet sweet manufacturing jobs come back to the U.S. and we can finally shed these damned white collars.
That Michael Keaton auto plant movie was fun
Lol totally forgot about that movie. Part of me now thinks that is exactly how they expect this to go.
Post by: Sandstone Outcropping on April 08, 2025, 04:14:41 PM
https://x.com/CHueyBurns/status/1909686396089942100
Post by: Sandstone Outcropping on April 08, 2025, 04:16:09 PM
Post by: cfbandyman on April 08, 2025, 04:48:29 PM
pros and adults
https://x.com/CHueyBurns/status/1909686396089942100
Will be fun to see more fake rando twitter accounts done by these piss poor journalists out there who need to actually use their rough ridin' sources will wildly swing the market positive until the orange one comes out and says "they're in affect!" and it all crashes down 2000 points
Post by: Cire on April 08, 2025, 05:08:51 PM
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Post by: mocat on April 08, 2025, 05:15:06 PM
Post by: wetwillie on April 08, 2025, 05:21:01 PM
Post by: Stupid Fitz on April 08, 2025, 06:36:42 PM
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Post by: michigancat on April 09, 2025, 05:54:05 AM
https://x.com/SamRo/status/1909918258330763589
Post by: michigancat on April 09, 2025, 05:57:54 AM
Post by: steve dave on April 09, 2025, 06:01:17 AM
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Post by: steve dave on April 09, 2025, 06:41:13 AM
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Post by: steve dave on April 09, 2025, 07:53:26 AM
https://x.com/billackman/status/1909917884685430908?s=46
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Post by: michigancat on April 09, 2025, 07:57:23 AM
When you’ve lost Ackman……who remains?Marc Rowan was just on CNBC pretending everything was fine if you don't have a risky business.
https://x.com/billackman/status/1909917884685430908?s=46
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But yeah Ackman is right about this. Gonna destroy a lot of small businesses.
Post by: steve dave on April 09, 2025, 08:04:27 AM
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Post by: star seed 7 on April 09, 2025, 08:38:31 AM
When you’ve lost Ackman……who remains?
https://x.com/billackman/status/1909917884685430908?s=46
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Had to work in the ad lol
Post by: Sandstone Outcropping on April 09, 2025, 08:39:48 AM
Post by: Sandstone Outcropping on April 09, 2025, 08:53:22 AM
https://x.com/PolymarketIntel/status/1909966677673910622
Post by: michigancat on April 09, 2025, 09:05:18 AM
Should be a good opportunity for MAGA grifters to promote buying gold. Not sure who else benefits. Maybe if you own a coal mine or a forest or something.
Based on conversations I've been having, I feel like tariff attorneys are going to have a nice quarter
Post by: michigancat on April 09, 2025, 09:14:19 AM
https://x.com/atrupar/status/1909764953780728060
Post by: Sandstone Outcropping on April 09, 2025, 09:35:54 AM
I think this clip highlights Trump's motivations quite wellMISSION ACCOMPLISHED
https://x.com/atrupar/status/1909764953780728060
Post by: star seed 7 on April 09, 2025, 09:36:50 AM
Should be a good opportunity for MAGA grifters to promote buying gold. Not sure who else benefits. Maybe if you own a coal mine or a forest or something.
Based on conversations I've been having, I feel like tariff attorneys are going to have a nice quarter
Opportunity for dax to open a VAT consultation business
Post by: Stevesie60 on April 09, 2025, 09:39:00 AM
"My god. Stop whining" This is not the show I remember. It's becoming a documentary on Ben's transition into Karen"
"Done with DailyWire. Might as well watch MSNBC"
"Your opinion on tariffs really sucks, almost sounds like some leftist crap."
"BENS SOUNDING LIKE A SELLOUT."
"Have you ever thought he has a plan, and he's smart enough not to let anyone know what it is because you can't trust anyone to tell it to without it getting out. Why can't people just sit back shut up and chill the hell out and just see what happens. Everyone is all upset and have no idea what they are upset about. Patients people Patients"
Post by: cfbandyman on April 09, 2025, 09:46:38 AM
My favorite thing has been watching MAGA destroy Ben Shapiro for daring to doubt Trump's brilliance.
"My god. Stop whining" This is not the show I remember. It's becoming a documentary on Ben's transition into Karen"
"Done with DailyWire. Might as well watch MSNBC"
"Your opinion on tariffs really sucks, almost sounds like some leftist crap."
"BENS SOUNDING LIKE A SELLOUT."
"Have you ever thought he has a plan, and he's smart enough not to let anyone know what it is because you can't trust anyone to tell it to without it getting out. Why can't people just sit back shut up and chill the hell out and just see what happens. Everyone is all upset and have no idea what they are upset about. Patients people Patients"
MAGA eats it's own children. Always has. It's a continually shrinking base. They only way they get elected is to keep conning enough of people in the middle to vote for em.
Post by: Stevesie60 on April 09, 2025, 09:50:46 AM
Post by: mocat on April 09, 2025, 09:58:40 AM
Post by: michigancat on April 09, 2025, 10:00:39 AM
Patients people patients is amaze. Like hurt people hurt people
:D
Post by: waks on April 09, 2025, 10:05:33 AM
My favorite thing has been watching MAGA destroy Ben Shapiro for daring to doubt Trump's brilliance.:ROFL:
"My god. Stop whining" This is not the show I remember. It's becoming a documentary on Ben's transition into Karen"
"Done with DailyWire. Might as well watch MSNBC"
"Your opinion on tariffs really sucks, almost sounds like some leftist crap."
"BENS SOUNDING LIKE A SELLOUT."
"Have you ever thought he has a plan, and he's smart enough not to let anyone know what it is because you can't trust anyone to tell it to without it getting out. Why can't people just sit back shut up and chill the hell out and just see what happens. Everyone is all upset and have no idea what they are upset about. Patients people Patients"
Post by: 'taterblast on April 09, 2025, 10:09:05 AM
Yep. If you don't deep throat that boot then you are a trader.
Post by: waks on April 09, 2025, 10:11:33 AM
oh crapYep. If you don't deep throat that boot then you are a trader.
Post by: 'taterblast on April 09, 2025, 10:18:03 AM
https://x.com/JamesMaybe18529/status/1909965867116339525
Post by: steve dave on April 09, 2025, 10:27:17 AM
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Post by: 'taterblast on April 09, 2025, 10:41:04 AM
https://x.com/bespokeinvest/status/1909990128187060666?s=46
Biden :shakesfist:
Post by: steve dave on April 09, 2025, 10:42:05 AM
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Post by: sonofdaxjones on April 09, 2025, 10:46:38 AM
For years titans of the #blueanon movement shrieked and screamed about taking on China (and hate hate hated damn near every other trade deal) - now #blueanongE joins them in just wanting to stay in permanent cuck status :lol:
Post by: star seed 7 on April 09, 2025, 10:53:17 AM
https://x.com/kathrynw5/status/1909701933289341182?s=46
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Honestly, I don't think I'd enjoy a penthouse on 5th Avenue for more than a week
Post by: 'taterblast on April 09, 2025, 10:55:35 AM
Post by: michigancat on April 09, 2025, 11:06:10 AM
dax i haven't kept up on the thread - how are you feeling about trump's strategy? i'm too dumb to know but the markets and smart people online seem not to like it. what do you like about it? please do not reference Biden or #BlueAnonGE one time in your answer for full credit.
while his 401k account may be drained, his account of imaginary hypocrisy from #blueanonGE is overflowing. Which is what really matters.
Post by: Sandstone Outcropping on April 09, 2025, 11:06:34 AM
Post by: star seed 7 on April 09, 2025, 11:47:36 AM
https://www.politico.eu/article/eu-tariffs-trade-war-donald-trump-republican-states/
Quote
Finally, a 25 percent duty on almonds and soybeans will take effect Dec. 1.
Quote
The EU is also targeting beef from Kansas and Nebraska
Quote
Beijing has mainly targeted U.S. produce, slapping a 15 percent duty on commodities like chicken, wheat and corn along with 10 percent on soybeans, meat, fruit and other farm exports
Post by: Sandstone Outcropping on April 09, 2025, 12:08:22 PM
Some good news for trumpcatsNot to worry, red state senators will get bailout cash to protect their voters from the Regime's terrible economic policies.
https://www.politico.eu/article/eu-tariffs-trade-war-donald-trump-republican-states/QuoteFinally, a 25 percent duty on almonds and soybeans will take effect Dec. 1.QuoteThe EU is also targeting beef from Kansas and NebraskaQuoteBeijing has mainly targeted U.S. produce, slapping a 15 percent duty on commodities like chicken, wheat and corn along with 10 percent on soybeans, meat, fruit and other farm exports
Post by: Sandstone Outcropping on April 09, 2025, 12:09:28 PM
https://thedispatch.com/podcast/remnant/tariff-terrorism/ (https://thedispatch.com/podcast/remnant/tariff-terrorism/)
Post by: Dugout DickStone on April 09, 2025, 12:11:49 PM
https://x.com/TheStalwart/status/1909905884978831573
Golf with the saudis
Post by: Sandstone Outcropping on April 09, 2025, 12:17:05 PM
Some good news for trumpcatsNot to worry, red state senators will get bailout cash to protect their voters from the Regime's terrible economic policies.
https://www.politico.eu/article/eu-tariffs-trade-war-donald-trump-republican-states/QuoteFinally, a 25 percent duty on almonds and soybeans will take effect Dec. 1.QuoteThe EU is also targeting beef from Kansas and NebraskaQuoteBeijing has mainly targeted U.S. produce, slapping a 15 percent duty on commodities like chicken, wheat and corn along with 10 percent on soybeans, meat, fruit and other farm exports
And just like that:
https://x.com/atrupar/status/1910017158228156447
Post by: steve dave on April 09, 2025, 12:33:23 PM
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Post by: Sandstone Outcropping on April 09, 2025, 12:37:45 PM
https://x.com/jessesingal/status/1910023018388283863
Post by: cfbandyman on April 09, 2025, 12:40:17 PM
And yeah, seriously, if you are business, how can you take anything seriously? All this crap takes time, showing you twist in the wind means you aren't serious.
Post by: michigancat on April 09, 2025, 12:41:29 PM
Post by: michigancat on April 09, 2025, 12:42:18 PM
https://x.com/morningbrew/status/1910022694621401543?s=46
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this is very good
Post by: star seed 7 on April 09, 2025, 12:42:30 PM
Post by: 'taterblast on April 09, 2025, 12:43:12 PM
Post by: cfbandyman on April 09, 2025, 12:44:40 PM
how long until he unironically boasts about record single day market gains
Gonna say after 4:30 pm EDT
Post by: michigancat on April 09, 2025, 12:44:44 PM
Post by: star seed 7 on April 09, 2025, 12:48:18 PM
The 10% is still bad
The major damage is already done.
Post by: Sandstone Outcropping on April 09, 2025, 12:50:13 PM
how long until he unironically boasts about record single day market gains
(https://pbs.twimg.com/media/GoHFfR6WYAAbcir?format=jpg&name=4096x4096)
Post by: Dugout DickStone on April 09, 2025, 12:51:31 PM
Post by: Sandstone Outcropping on April 09, 2025, 12:52:46 PM
https://x.com/howardlutnick/status/1910022477373227166
Post by: chum1 on April 09, 2025, 12:55:31 PM
Post by: michigancat on April 09, 2025, 01:00:18 PM
Post by: Sandstone Outcropping on April 09, 2025, 01:01:59 PM
pretty cool that we got manufacturing back in the US already
evergreen:
(https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQxlLXicW4ToA76KXt9E3-0huQvYTVr4eeBdQ&s)
Post by: Dugout DickStone on April 09, 2025, 01:03:03 PM
pretty cool that we got manufacturing back in the US already
evergreen:
(https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQxlLXicW4ToA76KXt9E3-0huQvYTVr4eeBdQ&s)
Is it possible to be more than 100% accurate?
Post by: Dugout DickStone on April 09, 2025, 01:12:50 PM
Post by: Stupid Fitz on April 09, 2025, 01:16:12 PM
Post by: Dugout DickStone on April 09, 2025, 01:18:36 PM
Should I keep building my banana factory or not? Also, I had really been practicing using tiny screwdrivers for my new tiny screwing in job at the phone factory. Still a good idea or no?
I’d say yes in the nana factory. I’m pot committed on my vanilla bean plot
Post by: cfbandyman on April 09, 2025, 01:20:58 PM
Odds that he and his family are profiting an absolute crap ton of the swings?
Was just about to post this, how much of this is "insider" and they place bets know tariffs drive it down, and then removing it drives it up.
Post by: cfbandyman on April 09, 2025, 01:22:52 PM
The 10% is still bad
Relative, but not "as bad" as it was
also, how does this speak to liberation day? Are we liberated in 1 week?
Post by: LickNeckey on April 09, 2025, 01:40:03 PM
the market manipulation we saw today will be discussed in econ classes for years to come
Post by: Sandstone Outcropping on April 09, 2025, 01:40:31 PM
or have we been re-enslaved by the globalists after just one week of liberation?The 10% is still bad
Relative, but not "as bad" as it was
also, how does this speak to liberation day? Are we liberated in 1 week?
Post by: Stupid Fitz on April 09, 2025, 01:58:19 PM
https://x.com/Teslaconomics/status/1909970562018922880
the market manipulation we saw today will be discussed in econ classes for years to come
Holy crap, I forgot he said this earlier today. I mean, you can't believe anything he says, but he did tell us this time I guess. I'm sure the delay in the announcement was so his pals could jump back in before, but at least he told us.
Post by: LickNeckey on April 09, 2025, 02:17:46 PM
Post by: Dugout DickStone on April 09, 2025, 02:19:19 PM
significant crimes being openly committed barely being newsworthy is the hallmark of a Trump presidency
even some staunch magas are starting to fade. let's see where we are on the dax meter. I bet he thinks this is great
Post by: Stupid Fitz on April 09, 2025, 02:23:51 PM
significant crimes being openly committed barely being newsworthy is the hallmark of a Trump presidency
even some staunch magas are starting to fade. let's see where we are on the dax meter. I bet he thinks this is great
They will never turn on him. While some of the hanger ons that got a bit of the grift will either leave or get thrown aside (possibly jail like last time), his base will never waiver. It's a cult.
Post by: star seed 7 on April 09, 2025, 02:23:58 PM
how long until he unironically boasts about record single day market gains
Gonna say after 4:30 pm EDT
What sucks is that Trump gets off on all of the attention. He's never going to shut up about tariffs on his own.
https://bsky.app/profile/newseye.bsky.social/post/3lmfout6grc2t
Post by: Sandstone Outcropping on April 09, 2025, 02:49:34 PM
Post by: Stupid Fitz on April 09, 2025, 02:56:48 PM
how long until he unironically boasts about record single day market gains
Gonna say after 4:30 pm EDTWhat sucks is that Trump gets off on all of the attention. He's never going to shut up about tariffs on his own.
https://bsky.app/profile/newseye.bsky.social/post/3lmfout6grc2t
What a tiny little man. He could be manipulated with a loli pop. Holy crap.
Post by: cfbandyman on April 09, 2025, 03:01:02 PM
how long until he unironically boasts about record single day market gains
Gonna say after 4:30 pm EDTWhat sucks is that Trump gets off on all of the attention. He's never going to shut up about tariffs on his own.
https://bsky.app/profile/newseye.bsky.social/post/3lmfout6grc2t
What a tiny little man. He could be manipulated with a loli pop. Holy crap.
Incredible
Bet he could be like "I had no clue, but isn't wonderful, look at it, the best, I'm the best"
Post by: cfbandyman on April 09, 2025, 03:02:15 PM
significant crimes being openly committed barely being newsworthy is the hallmark of a Trump presidency
even some staunch magas are starting to fade. let's see where we are on the dax meter. I bet he thinks this is great
Nah, they think he created a great deal or the freak out was not worth freaking out about look at you dumb dumb babies lol you're so stupid to freak out over this.
Post by: Sandstone Outcropping on April 09, 2025, 03:14:34 PM
Post by: 'taterblast on April 09, 2025, 03:16:08 PM
how long until he unironically boasts about record single day market gains
Gonna say after 4:30 pm EDT
https://bsky.app/profile/newseye.bsky.social/post/3lmfout6grc2t
holy crap
Post by: sonofdaxjones on April 09, 2025, 04:58:29 PM
cRusty - for as much time as you spend on here, you sure do miss a lot.dax i haven't kept up on the thread - how are you feeling about trump's strategy? i'm too dumb to know but the markets and smart people online seem not to like it. what do you like about it? please do not reference Biden or #BlueAnonGE one time in your answer for full credit.
while his 401k account may be drained, his account of imaginary hypocrisy from #blueanonGE is overflowing. Which is what really matters.
FYI - I moved the majority of the 401k(s) out of major harms way.
My stocks have been very red until today, and I have bought the dips. No need to post the dip dip dip dip meme, I get it. They’re all long plays.
Sent from my iPhone using Tapatalk
Post by: LickNeckey on April 09, 2025, 05:01:26 PM
two sizable pre-market moves by insiders
Post by: cfbandyman on April 09, 2025, 05:31:51 PM
https://www.reddit.com/r/wallstreetbets/s/9aGZNLtMZN
two sizable pre-market moves by insiders
IDK, reading below there definitely was a bond auction at that time. Regardless def something in the water
Post by: wetwillie on April 09, 2025, 06:13:58 PM
https://www.reddit.com/r/wallstreetbets/s/9aGZNLtMZN
two sizable pre-market moves by insiders
The SEC is basically Paul Blart Mall Cop now so...
Post by: IPA4Me on April 09, 2025, 08:09:34 PM
https://www.reddit.com/r/wallstreetbets/s/9aGZNLtMZNIt was pretty clear on the 2000 tick chart that we were about to pop. I was ready for that god candle. Glorious move.
two sizable pre-market moves by insiders
Post by: IPA4Me on April 09, 2025, 08:12:54 PM
Buy when Donnie says buyhttps://x.com/Teslaconomics/status/1909970562018922880
the market manipulation we saw today will be discussed in econ classes for years to come
Holy crap, I forgot he said this earlier today. I mean, you can't believe anything he says, but he did tell us this time I guess. I'm sure the delay in the announcement was so his pals could jump back in before, but at least he told us.
Sell when Eric says buy
Post by: mocat on April 09, 2025, 10:07:27 PM
Post by: star seed 7 on April 10, 2025, 04:52:10 AM
(https://media3.giphy.com/media/a3zqvrH40Cdhu/200.webp?cid=6c09b9523tap3yoqq61guhtstthllzh7eghihp0hlsphs5kz&ep=v1_gifs_search&rid=200.webp&ct=g)
Post by: michigancat on April 10, 2025, 06:25:12 AM
Post by: cfbandyman on April 10, 2025, 06:54:57 AM
What are the tariff goals now that it clearly isn't to bring back manufacturing?
Maybe they'll say the quiet part out loud about treasury bonds.
Post by: chum1 on April 10, 2025, 06:56:47 AM
What are the tariff goals now that it clearly isn't to bring back manufacturing?
Kickbacks
(https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ovyajbnegrir2ddtwfhijiob/bafkreidrs34htns2by2ixlobvbxblknagx2vrt6xyv3qr2zslw2rf4tlze@jpeg)
Post by: LickNeckey on April 10, 2025, 07:49:38 AM
Post by: Cire on April 10, 2025, 07:50:16 AM
What are the tariff goals now that it clearly isn't to bring back manufacturing?
Well, you can signal your buddies when to dump and when to buy
Post by: star seed 7 on April 10, 2025, 08:34:30 AM
Post by: CNS on April 10, 2025, 08:53:10 AM
Odds that he and his family are profiting an absolute crap ton of the swings?
Jared and his investment fund are going to put Bernie Madoff's returns to shame.
Post by: Sandstone Outcropping on April 10, 2025, 08:53:16 AM
Getting kickbacks for relief from tariffs will be an absolute goldmine for the Trump Grifting Family. They are going to turn the executive branch into the greatest money printing machine in history.What are the tariff goals now that it clearly isn't to bring back manufacturing?
Kickbacks
(https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ovyajbnegrir2ddtwfhijiob/bafkreidrs34htns2by2ixlobvbxblknagx2vrt6xyv3qr2zslw2rf4tlze@jpeg)
Post by: Dugout DickStone on April 10, 2025, 08:55:29 AM
Post by: Dugout DickStone on April 10, 2025, 08:57:07 AM
Getting kickbacks for relief from tariffs will be an absolute goldmine for the Trump Grifting Family. They are going to turn the executive branch into the greatest money printing machine in history.What are the tariff goals now that it clearly isn't to bring back manufacturing?
Kickbacks
(https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ovyajbnegrir2ddtwfhijiob/bafkreidrs34htns2by2ixlobvbxblknagx2vrt6xyv3qr2zslw2rf4tlze@jpeg)
The good news is instead of ripping off Ukrainian energy companies he’s ripping off meemaw and peepaw
Post by: star seed 7 on April 10, 2025, 08:57:39 AM
Getting kickbacks for relief from tariffs will be an absolute goldmine for the Trump Grifting Family. They are going to turn the executive branch into the greatest money printing machine in history.What are the tariff goals now that it clearly isn't to bring back manufacturing?
Kickbacks
(https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:ovyajbnegrir2ddtwfhijiob/bafkreidrs34htns2by2ixlobvbxblknagx2vrt6xyv3qr2zslw2rf4tlze@jpeg)
(https://y.yarn.co/eaeca20f-cb2b-43b5-a9f2-3e70833923cf_text.gif)
Post by: cfbandyman on April 10, 2025, 08:58:07 AM
Using the markets to get themselves rich and not do anything and sucker the daxes of the world into thinking this is actually a good thing to own the libs
Post by: michigancat on April 10, 2025, 09:48:52 AM
Post by: sonofdaxjones on April 10, 2025, 09:57:45 AM
This is the life and times of #blueanongE
Post by: 'taterblast on April 10, 2025, 10:38:29 AM
Meltdowns from people who laughed at "Learn to code" and supported a POTUS who openly admitted he didn't know he'd signed an EO kneecapping US LNG expansion, while also signing a deal which gave US taxpayer dollars to people for buying US EV's from select unionized (to buy union votes) auto builders . . . while excluding the largest builder of EV's, you know, cus the environment (just 3 examples of many).
This is the life and times of #blueanongE
scraping the bottom of the barrel here. your commitment is admirable!
Post by: mocat on April 10, 2025, 10:46:00 AM
Post by: cfbandyman on April 10, 2025, 11:50:51 AM
Meltdowns from people who laughed at "Learn to code" and supported a POTUS who openly admitted he didn't know he'd signed an EO kneecapping US LNG expansion, while also signing a deal which gave US taxpayer dollars to people for buying US EV's from select unionized (to buy union votes) auto builders . . . while excluding the largest builder of EV's, you know, cus the environment (just 3 examples of many).
This is the life and times of #blueanongE
scraping the bottom of the barrel here. your commitment is admirable!
He's big mad that dems are overall better that picking the winners are losers than the orange on is (while playing the "free market line sold by pubs for ever and ever) and pissed that his hyper partisan bs answer is to all of the hollowing out of manufacturing that is never going to come back cause even his own orange demigod admin admitted it'll only lead to automated manufacturing back home is a complete misunderstanding of tariffs and VATS and the orange one's only answer is to tank the whole rough ridin' thing and get rich off the grift, played like the fool he is.
If dems didn't red tape themselves into oblivion their overall play of incentivizing jobs being here via CHIPs act and the like, rather than "eff it let's ratchet up tariffs and throw everything into chaos" then maybe we could actually get somewhere but instead we chose chaos. No one will want to invest in a country that vacillates on whether or not to arbitrarily raise or lower prices at a whim. All to make a "deal" that he most likely a year later will say is the worse deal OAT.
Post by: Dugout DickStone on April 10, 2025, 11:56:17 AM
Post by: Cire on April 10, 2025, 12:27:28 PM
Post by: Dugout DickStone on April 10, 2025, 12:38:11 PM
Post by: Cire on April 10, 2025, 12:40:40 PM
Post by: Stupid Fitz on April 10, 2025, 01:11:37 PM
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Post by: LickNeckey on April 10, 2025, 02:23:53 PM
:bang:
Post by: BIG APPLE CAT on April 10, 2025, 03:13:04 PM
imagine posting about Biden having two houses and then being completely silent during this...
:bang:
Only a deeply unserious person would behave like that
Post by: Dugout DickStone on April 10, 2025, 03:30:15 PM
Post by: cfbandyman on April 10, 2025, 03:36:12 PM
the talking points on goincel are still being refined. You have to admit, there have been multiple 180s so getting them all straight will take time
Good time to take a break ngl. But point taken. Gotta calibrate before unleashing unholy hell
Post by: Stevesie60 on April 10, 2025, 03:44:21 PM
Post by: cfbandyman on April 10, 2025, 03:46:42 PM
The only argument I've heard that this wasn't insider/outsider trading is that when Trump posted that on Truth, he probably didn't even know he'd be ending the tariffs in 15minutes. Not entirely unbelievable!
The decider must be free to decide
Post by: Stevesie60 on April 10, 2025, 03:54:52 PM
oh crapYep. If you don't deep throat that boot then you are a trader.
This is what happens when you subject yourself to MAGA replies for too long. I'll do better.
Post by: sonofdaxjones on April 10, 2025, 04:07:11 PM
He does at best the most impotent and flaccid of those things . . . now his followers bitch, moan and complain when a POTUS actually does it.
I'll have to do some research, but I believe much like illegal immigration was an evil Republican plot, trade deals, and continual offshoring to places like China was also an evil Republican plot.
It's the vast right wing conspiracy I reckon . . . that now seems to have been co-opted by #blueanon
Post by: Dugout DickStone on April 10, 2025, 04:10:16 PM
Post by: sonofdaxjones on April 10, 2025, 04:18:41 PM
Post by: cfbandyman on April 10, 2025, 04:40:21 PM
how long until he unironically boasts about record single day market gains
Gonna say after 4:30 pm EDTWhat sucks is that Trump gets off on all of the attention. He's never going to shut up about tariffs on his own.
https://bsky.app/profile/newseye.bsky.social/post/3lmfout6grc2t
What a tiny little man. He could be manipulated with a loli pop. Holy crap.
Incredible
Bet he could be like "I had no clue, but isn't wonderful, look at it, the best, I'm the best"
Saw on FB two memes, one from turning point, and one from badger state conservatives all over the largest start market rise in a day. So yeah marching orders received.
Post by: sonofdaxjones on April 10, 2025, 06:26:15 PM
https://twitter.com/mazemoore/status/1910068620299796618?s=46&t=-jwPwnR3rKHM9sk9hA7h8g
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Post by: Cire on April 11, 2025, 06:03:54 AM
Someone called this
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Post by: Dugout DickStone on April 11, 2025, 08:07:21 AM
https://twitter.com/atrupar/status/1910068659768242514?s=46&t=qihx_M5rao00w7e29gt7Rw
Someone called this
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The trump market crashing more today
Post by: Cire on April 11, 2025, 08:51:54 AM
Dax!
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Post by: LickNeckey on April 11, 2025, 10:42:19 AM
Post by: steve dave on April 11, 2025, 12:25:35 PM
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Post by: Dugout DickStone on April 11, 2025, 12:30:43 PM
Post by: SleepFighter on April 11, 2025, 12:51:47 PM
-us gov't 10 year: 4.51%
-german 10yr: 2.57%
-canadian 10yr: 3.25%
-greek 10yr: 3.49%
-italy: 3.81%
Post by: Dugout DickStone on April 11, 2025, 12:55:21 PM
Post by: SleepFighter on April 11, 2025, 12:56:48 PM
Post by: wetwillie on April 11, 2025, 12:58:17 PM
Post by: Dugout DickStone on April 11, 2025, 01:26:43 PM
Post by: steve dave on April 11, 2025, 10:10:31 PM
current yields:We’ve turned into junk. And all we had to do to avoid it was not elect this fuckin’ guy.
-us gov't 10 year: 4.51%
-german 10yr: 2.57%
-canadian 10yr: 3.25%
-greek 10yr: 3.49%
-italy: 3.81%
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Post by: Cire on April 12, 2025, 10:57:41 AM
Art of the deal
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Post by: Dugout DickStone on April 12, 2025, 12:49:14 PM
Post by: star seed 7 on April 12, 2025, 01:14:53 PM
Post by: LickNeckey on April 12, 2025, 01:20:48 PM
Post by: steve dave on April 12, 2025, 03:41:51 PM
https://x.com/haykodarb/status/1911083921657262136?s=46
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Post by: michigancat on April 12, 2025, 04:37:57 PM
lmao
https://x.com/haykodarb/status/1911083921657262136?s=46
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I was pretty sure he would fold I just didn't think it would be this quick without any apparent concession from China or even attempt to act like we got a fake concession. Incredible, really.
Post by: Dugout DickStone on April 12, 2025, 05:19:08 PM
Post by: michigancat on April 12, 2025, 05:30:38 PM
Incel talking points reeling at trying to make this into a win when it’s a horrid loss
I actually haven't seen a single attempt at painting this as a win. It's the most beta loser move in the history of world trade
Post by: steve dave on April 12, 2025, 08:09:34 PM
https://x.com/wsjecon/status/1911223710612103387?s=46
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Post by: CNS on April 13, 2025, 07:24:49 AM
Post by: Dugout DickStone on April 13, 2025, 12:13:55 PM
Post by: wetwillie on April 13, 2025, 12:21:27 PM
Post by: Dugout DickStone on April 13, 2025, 12:26:16 PM
Do we have a pool on first cabinet member fired? My money is on Lutnick.
Does Elon count?
Post by: star seed 7 on April 13, 2025, 12:29:09 PM
Post by: LickNeckey on April 13, 2025, 12:34:32 PM
all is well
"This is unfolding exactly like we thought it would." Pete Navarro
Post by: LickNeckey on April 13, 2025, 12:38:29 PM
how is this possible?
Post by: Dugout DickStone on April 13, 2025, 02:39:35 PM
https://www.reddit.com/r/economy/s/9bd5pI7n5Z
how is this possible?
Holy crap, is that a typo?
Post by: BIG APPLE CAT on April 13, 2025, 05:42:00 PM
Post by: Dugout DickStone on April 13, 2025, 05:43:23 PM
Post by: BIG APPLE CAT on April 13, 2025, 05:47:43 PM
Post by: steve dave on April 15, 2025, 07:57:12 AM
https://x.com/fteconomics/status/1912123012268142902
Post by: Sandstone Outcropping on April 15, 2025, 08:13:30 AM
Post by: cfbandyman on April 15, 2025, 08:28:32 AM
The art of the deal with it
Hey that's been in my sig for years :D
Post by: Dugout DickStone on April 15, 2025, 09:25:23 AM
Remember those days when conservatives talked about the wisdom of capitalism and getting government out of the business of trying to run the economy because free markets would naturally create the best economic conditions for everyone.
it is now dead. tax and spend is the new maga motto
Post by: catastrophe on April 15, 2025, 09:55:02 AM
There is no plan to land this plane. Just rage and inflict pain on the libs who made them feel bad about themselves.
Post by: BIG APPLE CAT on April 15, 2025, 03:40:56 PM
The art of the deal with it
Hey that's been in my sig for years :D
Oh crap I knew I’d seen that before! :cheers: Excellent sig line right there
Post by: steve dave on April 16, 2025, 01:19:03 PM
Post by: steve dave on April 16, 2025, 03:42:29 PM
https://x.com/TheStalwart/status/1912603489164984406
Post by: Sandstone Outcropping on April 16, 2025, 03:43:30 PM
https://x.com/cullenroche/status/1912521576429621431
these guys:
(https://www.thedailybeast.com/resizer/v2/3PEEVAQLXBGPBCCO3YVUBY62IU.gif?smart=true&auth=04debfc22575368564b47b10038cc7b0f0d0965be7dbe56647c00145ab03b19a&width=1000&height=562)
Post by: CNS on April 16, 2025, 03:48:31 PM
Post by: wetwillie on April 16, 2025, 04:17:54 PM
he could have literally taken office and changed absolutely nothing and we'd still be the envy and leaders of the global economy. instead the rough ridin' moron chose another path.
https://x.com/TheStalwart/status/1912603489164984406
Imagine what the markets would have done if his only two actions were to allow more oil drilling and deregulations on other business segments.
Post by: steve dave on April 16, 2025, 04:23:09 PM
Post by: Stupid Fitz on April 16, 2025, 04:28:12 PM
Post by: steve dave on April 16, 2025, 04:32:46 PM
but then he couldn't just do the opposite of a democrats (his entire and only plan) and just tell everyone what he was doing is better and have them all still believe him for some reason.
oh, yes, it would obviously be much better for the economy. I'm just pointing out how stupid it is.
Post by: Dugout DickStone on April 16, 2025, 04:50:49 PM
the hilarious thing is we wouldn't even utilize the ability to drill more. we're a net exporter of oil since 2020 and unless the price goes up we are over capacity to even open new wells. it's just such a mush brained ingrained concept that they demand we allow it.
There might be some dipshits who watched a lot of Oil Man who drilled more but they would be gone quickly .
Post by: steve dave on April 16, 2025, 08:19:52 PM
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Post by: steve dave on April 16, 2025, 08:21:04 PM
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Post by: michigancat on April 16, 2025, 11:05:54 PM
https://x.com/buccocapital/status/1912676050686923132?s=46It's the crap like this that still kinda blows me away. What did Biden do that was anti-business other than not invite Elon to the EV conference at the White House?
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Post by: steve dave on April 16, 2025, 11:13:32 PM
Post by: Stevesie60 on April 17, 2025, 12:23:06 AM
it's so rough ridin' funny to visualize stan rough ridin' drunkenmiller righ now though. "crap.......eff!!!" etc. he hasn't been on CNBC recently when I've been watching but FOLKS
Tough to "etc." (I'm using it as a verb here) two of the baddest words out there, but the picture you have painted is Bob Ross-esque.
Post by: cfbandyman on April 17, 2025, 08:35:02 AM
The art of the deal with it
Hey that's been in my sig for years :D
Oh crap I knew I’d seen that before! :cheers: Excellent sig line right there
:cheers:
Post by: bucket on April 17, 2025, 08:40:49 AM
the hilarious thing is we wouldn't even utilize the ability to drill more. we're a net exporter of oil since 2020 and unless the price goes up we are over capacity to even open new wells. it's just such a mush brained ingrained concept that they demand we allow it.
I mean, the [redacted] had coal miners in the White House this week saying he's going to reinvigorate the coal industry. This rough ridin' guy is stuck in the 50's.
Post by: cfbandyman on April 17, 2025, 10:00:45 AM
the hilarious thing is we wouldn't even utilize the ability to drill more. we're a net exporter of oil since 2020 and unless the price goes up we are over capacity to even open new wells. it's just such a mush brained ingrained concept that they demand we allow it.
I mean, the [redacted] had coal miners in the White House this week saying he's going to reinvigorate the coal industry. This rough ridin' guy is stuck in the 50's.
Nah, he's pandering to whatever he can get to maker it look like he's doing something. If we led the world in every metric of battery production he'd pimp that and be like we need more coal. He is the ultimate cheerleader of anything that makes him look good, that he came up with, or whatever even if there is overall no straight forward reason for it.
Post by: steve dave on April 17, 2025, 10:41:05 AM
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Post by: Institutional Control on April 17, 2025, 10:42:48 AM
Post by: steve dave on April 17, 2025, 10:44:41 AM
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Post by: Stupid Fitz on April 17, 2025, 10:53:22 AM
https://x.com/kylascan/status/1912894588341358857?s=46
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"I talked with a bunch of people and confirmed what everyone already knew was happening". Please click below.
Post by: sonofdaxjones on April 17, 2025, 11:06:13 AM
In order to artificially prop up GDP, the President Robo Pen administration blotted the government workforce.
Now someone is doing what 2 Dem icon's talked extensively about doing . . . and #blueanon is losing their crap. #onbrand
Post by: Sandstone Outcropping on April 17, 2025, 11:44:52 AM
https://x.com/MAGACult2/status/1912628678594556105
Post by: LickNeckey on April 17, 2025, 01:48:26 PM
Post by: Institutional Control on April 17, 2025, 01:57:00 PM
domestic terrorists
https://x.com/MAGACult2/status/1912628678594556105
When farmers in Iowa or Nebraska start protesting, then that will be something.
This might make Susan Collins offer a sternly worded note of concern about tariffs. But it won't change her vote unless her vote won't make a difference in the outcome.
Post by: cfbandyman on April 17, 2025, 03:55:05 PM
https://www.reddit.com/r/WorkReform/s/xjRoXToZTr
How much was dax hammering on the food trough that was USAID? .1 cents? GMAFB about government efficiency when our defense, the largest in the world, most beautiful is getting up to $1trillion. but no let's go after the poors.
Post by: cfbandyman on April 17, 2025, 03:55:54 PM
domestic terrorists
https://x.com/MAGACult2/status/1912628678594556105
When farmers in Iowa or Nebraska start protesting, then that will be something.
This might make Susan Collins offer a sternly worded note of concern about tariffs. But it won't change her vote unless her vote won't make a difference in the outcome.
Hope they do, they're going to take it a ton up the butt, but prolly blame the libs
Post by: sonofdaxjones on April 17, 2025, 04:14:20 PM
#blueanon: We are the domestic terrorists you are looking for . . .
Post by: Dugout DickStone on April 17, 2025, 04:50:09 PM
domestic terrorists
https://x.com/MAGACult2/status/1912628678594556105
I was told bootstraps would suffice
Post by: steve dave on April 18, 2025, 08:27:24 AM
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Post by: LickNeckey on April 18, 2025, 10:09:28 AM
Post by: steve dave on April 18, 2025, 03:38:42 PM
https://x.com/kylegriffin1/status/1913311586544222374
Post by: Dugout DickStone on April 18, 2025, 04:00:28 PM
GOING WELL SIR
https://x.com/kylegriffin1/status/1913311586544222374
Is this a power struggle now?
Post by: cfbandyman on April 18, 2025, 04:07:07 PM
https://www.msn.com/en-us/news/politics/irs-whistleblower-on-hunter-biden-is-out-as-acting-commissioner-just-days-after-getting-the-job/ar-AA1Dc9aH?ocid=winp2fptaskbarent&cvid=a1986ea616c746cf9c405b634fa7bbbd&ei=18#comments
Post by: LickNeckey on April 18, 2025, 04:31:07 PM
:facepalm:
Post by: Spracne on April 18, 2025, 11:30:12 PM
Post by: steve dave on April 19, 2025, 10:49:30 AM
https://x.com/blockgraze/status/1913351920355623123?s=46
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Post by: wetwillie on April 19, 2025, 10:57:33 AM
Post by: catastrophe on April 19, 2025, 11:11:43 AM
Post by: sonofdaxjones on April 19, 2025, 11:25:59 AM
https://www.reddit.com/r/WorkReform/s/xjRoXToZTr
How much was dax hammering on the food trough that was USAID? .1 cents? GMAFB about government efficiency when our defense, the largest in the world, most beautiful is getting up to $1trillion. but no let's go after the poors.
I don't support raising the defense budget, you colossal obsessed (with me) derp.
But I will continually :lol: :lol: :lol: at the #blueanon infantile response to the dismantling of USAID because every smart person (so me and not you) knows it was a cut out to launder collective billions to #blueanon connected apparatchiks and US intelligence and to avoid proper oversight.
Post by: Spracne on April 19, 2025, 11:36:01 AM
He needs a legal guardian. My goodness it’s just a constant struggle over who gets to pull the strings.
Unfortunately, that evil little goblin Stephen Miller appears to pull too many strings too much.
Post by: star seed 7 on April 19, 2025, 11:39:00 AM
He needs a legal guardian. My goodness it’s just a constant struggle over who gets to pull the strings.
Donald, this is Derek, he'll be your appropriate adult for the purposes of this arrest
(https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcS3wS5VBDd2PhczMi_94Rw3qw2MiDGawZRzDQ&s)
Post by: wetwillie on April 19, 2025, 11:54:19 AM
Post by: mocat on April 19, 2025, 12:33:49 PM
Ha just realized we never see that guy ever againHe needs a legal guardian. My goodness it’s just a constant struggle over who gets to pull the strings.
Donald, this is Derek, he'll be your appropriate adult for the purposes of this arrest
(https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcS3wS5VBDd2PhczMi_94Rw3qw2MiDGawZRzDQ&s)
Post by: steve dave on April 19, 2025, 03:41:11 PM
https://x.com/unusual_whales/status/1913578579109044268?s=46
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Post by: steve dave on April 20, 2025, 06:48:20 AM
https://x.com/aviationbrk/status/1913891060830396793?s=46
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Post by: steve dave on April 20, 2025, 11:56:23 AM
https://x.com/cullenroche/status/1913995872872050886?s=46
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Post by: wetwillie on April 20, 2025, 12:08:17 PM
Post by: michigancat on April 20, 2025, 02:21:33 PM
https://x.com/pakpakchicken/status/1913401437918498902
Post by: steve dave on April 20, 2025, 03:17:58 PM
HAPPY EASTER SIR!
(https://pbs.twimg.com/media/GpAQ3XeakAEf-1l?format=jpg&name=large)
Post by: cfbandyman on April 20, 2025, 07:34:58 PM
Post by: Dugout DickStone on April 20, 2025, 07:45:40 PM
Post by: cfbandyman on April 20, 2025, 08:22:03 PM
Trashing Americans is a thing he loves
His "Americans" not those who he could potentially be homegrown to go away
Post by: sonofdaxjones on April 21, 2025, 11:54:36 AM
As they ushered China into the fold of the WTO and MFN status.
For an over the top view - we'll add in #blueanon political leaders lamenting and pounding the lectern about how the US worker was being disseminated by those and other trade deals.
Apparently, they just wanted to keep those talking points alive for various news/election cycles and not actually do anything about it. :thumbsup:
Post by: Dugout DickStone on April 21, 2025, 11:59:33 AM
Post by: sonofdaxjones on April 21, 2025, 12:03:40 PM
(Nothing to do with the collective trillions in trade deficits since that time)
SlowDuggin: Currently at 12/7 deflection levels
Post by: Cire on April 21, 2025, 12:41:15 PM
Post by: Dugout DickStone on April 21, 2025, 01:06:52 PM
Will be a great day
Post by: cfbandyman on April 21, 2025, 01:08:17 PM
Post by: CNS on April 21, 2025, 01:09:05 PM
I'm excited for the best deal possible, and then in 6 to 12 months being told it was a terrible deal
"Jerome Powell's deals are ruining our economy"
Post by: Sandstone Outcropping on April 21, 2025, 01:14:02 PM
Sabatoged by RINOs and The Deep State, yet again.I'm excited for the best deal possible, and then in 6 to 12 months being told it was a terrible deal
"Jerome Powell's deals are ruining our economy"
Post by: Stupid Fitz on April 21, 2025, 01:14:42 PM
Post by: Cire on April 21, 2025, 02:11:37 PM
Post by: Dugout DickStone on April 21, 2025, 02:16:27 PM
Things will really start cooking when the magas boot Jerome Powell and install Maria Bartirimo in there to cut rates
there is some incel named wall street silver who will be front runner
Post by: steve dave on April 21, 2025, 02:32:14 PM
https://x.com/stocktwits/status/1914397874634228190?s=46
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Post by: sonofdaxjones on April 21, 2025, 02:46:02 PM
These are indeed - The Life and Times of #blueanon/#blueanongE :thumbsup: :thumbsup:
(of note in this domain - is the dude currently charging nearly $100 a pop to attend rallies about rich people)
Post by: sonofdaxjones on April 21, 2025, 02:48:10 PM
The Dow: Dropped 28%
S&P 500: Dropped 50%
Nasdaq: Dropped 33%
But that was a period when the market was NOT the economy . . . I repeat - THE MARKET WAS NOT THE ECONOMY!!
Post by: Rage Against the McKee on April 21, 2025, 02:48:19 PM
Post by: CNS on April 21, 2025, 03:07:23 PM
Post by: michigancat on April 21, 2025, 03:49:12 PM
Viewers of this blog are once again reminded that in the middle of the Biden Presidency (when we should have been going gang busters in a post Covid recovery)
The Dow: Dropped 28%
S&P 500: Dropped 50%
Nasdaq: Dropped 33%
But that was a period when the market was NOT the economy . . . I repeat - THE MARKET WAS NOT THE ECONOMY!!
dax over what time period during Biden's term did the s&p 500 drop 50%
Post by: Dugout DickStone on April 21, 2025, 03:52:23 PM
Viewers of this blog are once again reminded that in the middle of the Biden Presidency (when we should have been going gang busters in a post Covid recovery)
The Dow: Dropped 28%
S&P 500: Dropped 50%
Nasdaq: Dropped 33%
But that was a period when the market was NOT the economy . . . I repeat - THE MARKET WAS NOT THE ECONOMY!!
dax over what time period during Biden's term did the s&p 500 drop 50%
this smells like an amuse tweet he just pasted
Post by: sonofdaxjones on April 21, 2025, 04:29:00 PM
Viewers of this blog are once again reminded that in the middle of the Biden Presidency (when we should have been going gang busters in a post Covid recovery)
The Dow: Dropped 28%
S&P 500: Dropped 50%
Nasdaq: Dropped 33%
But that was a period when the market was NOT the economy . . . I repeat - THE MARKET WAS NOT THE ECONOMY!!
dax over what time period during Biden's term did the s&p 500 drop 50%
Correction a 25% drop. From 12/31 to October of the following year.
So we had Dow and NASDAQ "corrections" of 28% and 33%, and a SP "correction" of 25%.
#blueanon apparatchiks and talking heads had this period as a period when the market was not the "real economy".
Note to viewers of this blog, #blueanongE will now completely fixate on my mistake, and wholly avoid the massive market correction that occurred in the middle of President Robo Pen's administration that they they didn't meltdown about the least little bit . . . and their thought leaders worked dilligently to remind us that the market is not the real economy and that they'd know a recession when they saw it and then let us all know.
Post by: michigancat on April 21, 2025, 04:50:00 PM
Viewers of this blog are once again reminded that in the middle of the Biden Presidency (when we should have been going gang busters in a post Covid recovery)
The Dow: Dropped 28%
S&P 500: Dropped 50%
Nasdaq: Dropped 33%
But that was a period when the market was NOT the economy . . . I repeat - THE MARKET WAS NOT THE ECONOMY!!
dax over what time period during Biden's term did the s&p 500 drop 50%
Correction a 25% drop. From 12/31 to October of the following year.
So we had Dow and NASDAQ "corrections" of 28% and 33%, and a SP "correction" of 25%.
#blueanon apparatchiks and talking heads had this period as a period when the market was not the "real economy".
Note to viewers of this blog, #blueanongE will now completely fixate on my mistake, and wholly avoid the massive market correction that occurred in the middle of President Robo Pen's administration that they they didn't meltdown about the least little bit . . . and their thought leaders worked dilligently to remind us that the market is not the real economy and that they'd know a recession when they saw it and then let us all know.
huh I wonder why people might have reacted differently back then. was that dip directly caused by a wild abuse of executive power that caused a worldwide financial meltdown? :dunno:
probably just good ol' partisanship
Post by: sonofdaxjones on April 21, 2025, 05:05:45 PM
Viewers of this blog are once again reminded that in the middle of the Biden Presidency (when we should have been going gang busters in a post Covid recovery)
The Dow: Dropped 28%
S&P 500: Dropped 50%
Nasdaq: Dropped 33%
But that was a period when the market was NOT the economy . . . I repeat - THE MARKET WAS NOT THE ECONOMY!!
dax over what time period during Biden's term did the s&p 500 drop 50%
Correction a 25% drop. From 12/31 to October of the following year.
So we had Dow and NASDAQ "corrections" of 28% and 33%, and a SP "correction" of 25%.
#blueanon apparatchiks and talking heads had this period as a period when the market was not the "real economy".
Note to viewers of this blog, #blueanongE will now completely fixate on my mistake, and wholly avoid the massive market correction that occurred in the middle of President Robo Pen's administration that they they didn't meltdown about the least little bit . . . and their thought leaders worked dilligently to remind us that the market is not the real economy and that they'd know a recession when they saw it and then let us all know.
huh I wonder why people might have reacted differently back then. was that dip directly caused by a wild abuse of executive power that caused a worldwide financial meltdown? :dunno:
probably just good ol' partisanship
I love how you guys start crying about "wild abuse of executive power" only when a Republican is President.
We had (just one example) an executive branch that was funneling collectively billions to NGO's to traffic people into the country. The same executive branch (still the same example) signed numerous EO's about immigration - and then turned around and claimed that their hands were tied, and that they couldn't do anything about our open borders. :lol: (insert Al up on the hill claiming our borders were secure here)
(2nd example) - Student debt forgiveness
Post by: michigancat on April 21, 2025, 05:07:59 PM
Post by: sonofdaxjones on April 21, 2025, 05:12:30 PM
Post by: Stevesie60 on April 21, 2025, 06:13:46 PM
Post by: sonofdaxjones on April 21, 2025, 06:58:26 PM
When should we expect the markets to be where they were when Trump took office, dax? And what would have to happen to make you say "maybe Trump shouldn't have started a trade war with every country"?
I don't think he should have started a trade war with every country, and I'll come back to that in a moment.
Is there where I insert the videos of every Wall Street titan who ever existed talking about how if you don't have a stomach for markets falling then you shouldn't be in the market? Is this where I have to remind you (again) that big mega corps were warning about the first quarter for a variety of reasons unrelated to Trump last year?
Now back to trade . . . Stevsie, when are you going to come clean and just admit that you prefer your politicians to just be virtue signalers who spend decades running a grift on unfair trade but never actually see to it that something changes? One of your lead dudes has been :bawl: :bawl: :bawl: about trade for 30 years (edit: He :bawl: :bawl: :bawl: about the border for 24 of those 30 years and talked - just like Joe about illegal immigration being the domain of wealthy Republicans).
Trump has been too broad brushed, and he needs to get the deals with the Japans, Taiwan's and Vietnam's of the world done ASAP.
Post by: michigancat on April 21, 2025, 07:04:33 PM
Post by: wetwillie on April 21, 2025, 07:06:00 PM
Post by: Rage Against the McKee on April 21, 2025, 10:46:06 PM
Post by: steve dave on April 22, 2025, 07:21:00 AM
Sent from my iPhone using Tapatalk
Post by: steve dave on April 22, 2025, 07:47:09 AM
https://x.com/WatcherGuru/status/1914661173506560324
Post by: Institutional Control on April 22, 2025, 07:53:06 AM
Sent from my iPhone using Tapatalk
Post by: steve dave on April 22, 2025, 08:23:11 AM
https://x.com/M_McDonough/status/1914668447021097376
Post by: star seed 7 on April 22, 2025, 08:25:28 AM
Post by: sonofdaxjones on April 22, 2025, 09:40:11 AM
#blueanongE and #blueanon believes that could go on forever and ever and there would never - ever be any consequences.
In the midst of the artificial floating of the economy the market lost on average, 30% of its value. #blueanon/#blueanongE said nothing.
Viewers will also note - The market is now once again the economy. Stay tuned for when it reverts to not being the economy. #blueanon will let us know. :thumbsup:
Post by: sonofdaxjones on April 22, 2025, 09:46:43 AM
Dax, do you really not see how people might feel differently about this market downturn compared to others? For example, I don't blame Trump for the downturn in 2020 at all. Can you think about what might be different in those two instances?
I absolutely know the differences.
But what you're really saying cRusty is that you're fully aligned with just talking and talking and talking about trade deficits and unfair trade (I am going by what your thought and political leaders have said for decades now) . . . but never actually doing anything about it. The Washington way is to just talk and talk and just keep kicking the can down the road, and never solving or resolving anything.
Then hit the campaign trail, pound the lectern about how unfair it all is and vote for me . . . I'll fix it . . . if we live to be 135 (maybe)
Post by: Institutional Control on April 22, 2025, 09:58:50 AM
Post by: michigancat on April 22, 2025, 10:02:23 AM
Dax, do you really not see how people might feel differently about this market downturn compared to others? For example, I don't blame Trump for the downturn in 2020 at all. Can you think about what might be different in those two instances?
I absolutely know the differences.
But what you're really saying cRusty is that you're fully aligned with just talking and talking and talking about trade deficits and unfair trade (I am going by what your thought and political leaders have said for decades now) . . . but never actually doing anything about it. The Washington way is to just talk and talk and just keep kicking the can down the road, and never solving or resolving anything.
Then hit the campaign trail, pound the lectern about how unfair it all is and vote for me . . . I'll fix it . . . if we live to be 135 (maybe)
You are correct that I am fully OK with trade deficits.
whatever the white house is doing does not seem to be doing anything about "unfair trade" IMO. Could you point to a specific "unfair trade" practice that is being addressed?
Post by: sonofdaxjones on April 22, 2025, 10:10:44 AM
Dax, do you really not see how people might feel differently about this market downturn compared to others? For example, I don't blame Trump for the downturn in 2020 at all. Can you think about what might be different in those two instances?
I absolutely know the differences.
But what you're really saying cRusty is that you're fully aligned with just talking and talking and talking about trade deficits and unfair trade (I am going by what your thought and political leaders have said for decades now) . . . but never actually doing anything about it. The Washington way is to just talk and talk and just keep kicking the can down the road, and never solving or resolving anything.
Then hit the campaign trail, pound the lectern about how unfair it all is and vote for me . . . I'll fix it . . . if we live to be 135 (maybe)
You are correct that I am fully OK with trade deficits.
whatever the white house is doing does not seem to be doing anything about "unfair trade" IMO. Could you point to a specific "unfair trade" practice that is being addressed?
cRusty - I'm going by what people like Bernie Sanders and Chuck Schumer have said for years. So go ask them.
In terms of things like IP theft by the Chinese, that's not even debatable.
Here's what #blueanon's most favored AI engines say: Chinese dumping and government subsidization and state owned businesses. FTT - Forced Technology Transfer. Illicit counterfeiting. Highly restricted market access. Subsidization leading to flooding the market with cheap goods.
BTW - We're not the only country lodging these complaints specifically against the Chinese . . . there's a long line of countries saying the same thing.
Post by: michigancat on April 22, 2025, 10:27:02 AM
Dax, do you really not see how people might feel differently about this market downturn compared to others? For example, I don't blame Trump for the downturn in 2020 at all. Can you think about what might be different in those two instances?
I absolutely know the differences.
But what you're really saying cRusty is that you're fully aligned with just talking and talking and talking about trade deficits and unfair trade (I am going by what your thought and political leaders have said for decades now) . . . but never actually doing anything about it. The Washington way is to just talk and talk and just keep kicking the can down the road, and never solving or resolving anything.
Then hit the campaign trail, pound the lectern about how unfair it all is and vote for me . . . I'll fix it . . . if we live to be 135 (maybe)
You are correct that I am fully OK with trade deficits.
whatever the white house is doing does not seem to be doing anything about "unfair trade" IMO. Could you point to a specific "unfair trade" practice that is being addressed?
cRusty - I'm going by what people like Bernie Sanders and Chuck Schumer have said for years. So go ask them.
In terms of things like IP theft by the Chinese, that's not even debatable.
how do the tariffs address IP theft? I haven't heard the President mention it once.
Here's what #blueanon's most favored AI engines say: Chinese dumping and government subsidization and state owned businesses. FTT - Forced Technology Transfer. Illicit counterfeiting. Highly restricted market access. Subsidization leading to flooding the market with cheap goods.
BTW - We're not the only country lodging these complaints specifically against the Chinese . . . there's a long line of countries saying the same thing.
Anti-dumping has been ongoing - there's a variety of product categories with Chinese anti-dumping measures in place. My industry has some that came into effect during the Biden administration. FTT and Illicit counterfeiting? Again, never heard the president mention those items or outline how these tariffs will address them although they do seem like reasonable diplomacy/trade goals.
Also, what are other countries doing against the Chinese? Are they also raising tariffs to ridiculous levels? Who?
Post by: sonofdaxjones on April 22, 2025, 10:30:13 AM
Australia for one has lodged the complaints, and no they haven't raised tariffs that I am aware of, and I am not going to take the time to look.
BTW - dumping is just one part of the whole equation.
If you live in a world where having a $1 trillion dollar plus annual trade deficit with the world is sustainable - while the US also provides collectively hundreds of billions of dollars of military protection for many of those countries. Then bravo to you sir for being so delusional.
Post by: sonofdaxjones on April 22, 2025, 10:34:26 AM
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
Post by: michigancat on April 22, 2025, 10:41:46 AM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
Post by: sonofdaxjones on April 22, 2025, 10:49:01 AM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
Post by: michigancat on April 22, 2025, 10:56:33 AM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
most of the time doing nothing is better than doing something in a very dumb and damaging way
Post by: Stupid Fitz on April 22, 2025, 11:36:01 AM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
most of the time doing nothing is better than doing something in a very dumb and damaging way
That's just because you aren't willing to crush thousands/millions of people while you are completely insulated from the stupid decisions you are making for no reason.
Post by: mocat on April 22, 2025, 01:23:42 PM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
i would irl love to see a list of the various resident cartels and also a list of the various posters who are members of each resident cartel
Post by: star seed 7 on April 22, 2025, 01:36:37 PM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
i would irl love to see a list of the various resident cartels and also a list of the various posters who are members of each resident cartel
Dax to kRusty - You guys love this stuff!
kRusty - no I don't
Dax - I didn't mean you!
Post by: Dugout DickStone on April 22, 2025, 01:48:17 PM
Viewers of this blog are reminded that the previous administration spent approximately $29 Trillion Dollars and artificially inflated payrolls with government hiring and government subsidized hiring.
this admin is still doing this though,
Post by: bucket on April 22, 2025, 02:02:14 PM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
i would irl love to see a list of the various resident cartels and also a list of the various posters who are members of each resident cartel
Yes, I was shocked to see that mich isn’t a member of neocon gE
Post by: sonofdaxjones on April 22, 2025, 03:23:32 PM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
i would irl love to see a list of the various resident cartels and also a list of the various posters who are members of each resident cartel
Dax to kRusty - You guys love this stuff!
kRusty - no I don't
Dax - I didn't mean you!
It was a stand alone post in response to no one in particular.
StalkerBot.7 - Pinnacle never going to get this blog and in a constant state of confusion (and deflection)
Post by: sonofdaxjones on April 22, 2025, 03:25:28 PM
Viewers of this blog are reminded that the previous administration spent approximately $29 Trillion Dollars and artificially inflated payrolls with government hiring and government subsidized hiring.
this admin is still doing this though,
The Federal Government set an all time borrowing record in the 1st qtr of FFY 2025. Trump was not in office. This is an inherited FFY.
Post by: sonofdaxjones on April 22, 2025, 03:34:49 PM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
most of the time doing nothing is better than doing something in a very dumb and damaging way
This does not fit into the "most of the time" scenario.
Look I get it, you guys make all your stuff overseas. They're mattresses, right?
This is pointed at #neocongE - We don't have the industrial capacity for an all out conventional war. As it stands right now, if we get into a shooting war with China you can literally count the total depletion of some weapons in hours. Not days, hours.
If China attacks Taiwan - we're literally going to blow up the most advance chip plants in the world because we don't want the ChiComs to get them. I'd rather that capability be right here in our own country.
Is it not a bit unnervering to think back to the middle of the pandemic and read all the stories about how we were utterly beholden to the country that created the virus for all kinds of supplies and pharmaceuticals?
I have not seen or read a single person from this administration say we're transitioning from a service economy - entirely to a manufacturing economy.
$1.3 Trillion Dollar trade deficits are not sustainable. Particularly so when a huge chunk of that goes to a Geo-strategic adversary nation.
Post by: sonofdaxjones on April 22, 2025, 03:44:53 PM
There are other market forces in play besides tariffs.
Like a giant defense contractor having to take a huge charge off.
I now return you to #blueanongE - The DerpConOne Experience
Post by: michigancat on April 22, 2025, 06:21:56 PM
https://x.com/jdcmedlock/status/1914819345492164860
Post by: LickNeckey on April 22, 2025, 06:24:33 PM
Post by: sonofdaxjones on April 22, 2025, 06:29:19 PM
First of all - we are still a nation that collectively lives at the pinnacle of first world problems. So this drama queening on that is positively fascinating to follow.
If (one example) "making life worse for everyone" means stopping USAID money laundering to connected #blueanon apparatchiks, then by all means, please continue.
If (second example) "making life worse for everyone" means stopping USAID money laundering to human trafficking NGO's - purposely done to circumvent oversight and facilitate slight of hand illegal immigration. Then by all means, please continue.
If (third example) "making life worse for everyone" mean stopping USAID funded domestic censorship campaigns - then by all means, please continue.
Post by: OB_Won on April 22, 2025, 06:31:46 PM
the dumb fuckery exhibited is kind of an everything everywhere all at once experienceExcept to the dumb fucks that need to be experiencing it before it's too late.
Post by: michigancat on April 22, 2025, 07:42:41 PM
"making life worse for everyone"
First of all - we are still a nation that collectively lives at the pinnacle of first world problems. So this drama queening on that is positively fascinating to follow.
If (one example) "making life worse for everyone" means stopping USAID money laundering to connected #blueanon apparatchiks, then by all means, please continue.
If (second example) "making life worse for everyone" means stopping USAID money laundering to human trafficking NGO's - purposely done to circumvent oversight and facilitate slight of hand illegal immigration. Then by all means, please continue.
If (third example) "making life worse for everyone" mean stopping USAID funded domestic censorship campaigns - then by all means, please continue.
Whose life is improving from tariffs and DOGE?
Post by: BIG APPLE CAT on April 22, 2025, 08:50:02 PM
"making life worse for everyone"
First of all - we are still a nation that collectively lives at the pinnacle of first world problems. So this drama queening on that is positively fascinating to follow.
If (one example) "making life worse for everyone" means stopping USAID money laundering to connected #blueanon apparatchiks, then by all means, please continue.
If (second example) "making life worse for everyone" means stopping USAID money laundering to human trafficking NGO's - purposely done to circumvent oversight and facilitate slight of hand illegal immigration. Then by all means, please continue.
If (third example) "making life worse for everyone" mean stopping USAID funded domestic censorship campaigns - then by all means, please continue.
Whose life is improving from tariffs and DOGE?
Bigots who have not yet lost their jobs (either from getting DOGE’d or due to the market uncertainty as a result of all these tariffs)
Post by: Trim on April 22, 2025, 09:19:18 PM
One would think that #neocongE would be a little chubbed up on the theory that this could be very debilitating to the Chinese Communist Government . . . and could lead to serious internal unrest and destabilization in China.
You guys love this kind of stuff . . . but apparently only when a Democrat is POTUS :thumbsup:
I think this "strategy" hurts overall US/China relations more than it will damage China internally. We're like 15% of their exports and the president already caved with huge exceptions. In general I think it makes the world less stable/safe without doing much of anything to destabilize the PRC. (Again, is that a new goal?)
I generally dislike attempts at foreign government destabilization when democrats are presidents, too.
My post was directed at #neocongE - I don't consider you part of that resident cartel.
BTW - What has this administration said repeatedly about tariffs? Have they said they're going to implement them and then not be open to negotiations? The point here is, the uniparty leadership of this country has constantly bitched and complained and then done nothing (check their donors list).
i would irl love to see a list of the various resident cartels and also a list of the various posters who are members of each resident cartel
Yes, I was shocked to see that mich isn’t a member of neocon gE
Venn diagrams? :love:
Post by: Dugout DickStone on April 22, 2025, 10:01:26 PM
Viewers of this blog are reminded that the previous administration spent approximately $29 Trillion Dollars and artificially inflated payrolls with government hiring and government subsidized hiring.
this admin is still doing this though,
The Federal Government set an all time borrowing record in the 1st qtr of FFY 2025. Trump was not in office. This is an inherited FFY.
Well I guess we will see how this plays out. Q2 will tell us the tale
Post by: sonofdaxjones on April 22, 2025, 10:12:12 PM
cRusty - that’s TBD. FFS, you are pinnacle short attention span theater."making life worse for everyone"
First of all - we are still a nation that collectively lives at the pinnacle of first world problems. So this drama queening on that is positively fascinating to follow.
If (one example) "making life worse for everyone" means stopping USAID money laundering to connected #blueanon apparatchiks, then by all means, please continue.
If (second example) "making life worse for everyone" means stopping USAID money laundering to human trafficking NGO's - purposely done to circumvent oversight and facilitate slight of hand illegal immigration. Then by all means, please continue.
If (third example) "making life worse for everyone" mean stopping USAID funded domestic censorship campaigns - then by all means, please continue.
Whose life is improving from tariffs and DOGE?
Let me ask you this (one example) why do you think a government agency where everybody made $150k plus a year, they had their own outside non governmental accounting firm (cus they were corrupt AF), and they worked out of offices that would make a Fortune 250 company jealous, and nobody showed up for work and they spent all their time wining and dining themselves . . . should exist??
Is that helping anybody?
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Post by: michigancat on April 22, 2025, 10:16:30 PM
cRusty - that’s TBD. FFS, you are pinnacle short attention span theater."making life worse for everyone"
First of all - we are still a nation that collectively lives at the pinnacle of first world problems. So this drama queening on that is positively fascinating to follow.
If (one example) "making life worse for everyone" means stopping USAID money laundering to connected #blueanon apparatchiks, then by all means, please continue.
If (second example) "making life worse for everyone" means stopping USAID money laundering to human trafficking NGO's - purposely done to circumvent oversight and facilitate slight of hand illegal immigration. Then by all means, please continue.
If (third example) "making life worse for everyone" mean stopping USAID funded domestic censorship campaigns - then by all means, please continue.
Whose life is improving from tariffs and DOGE?
Let me ask you this (one example) why do you think a government agency where everybody made $150k plus a year, they had their own outside non governmental accounting firm (cus they were corrupt AF), and they worked out of offices that would make a Fortune 250 company jealous, and nobody showed up for work and they spent all their time wining and dining themselves . . . should exist??
Is that helping anybody?
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What does that have to do with tariffs and whose life was improved by eliminating these made up jobs? Certainly not their families or the companies they bought from
Post by: steve dave on April 23, 2025, 08:43:49 AM
https://x.com/deitaone/status/1915038245714362667?s=46
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Post by: cfbandyman on April 23, 2025, 08:46:10 AM
Post by: star seed 7 on April 23, 2025, 09:37:34 AM
Post by: Stupid Fitz on April 23, 2025, 09:55:11 AM
(https://media.surlyhorns.com/monthly_2025_04/IMG_20250423_064226.jpg.92c8df56c3e0984daaf350b9c80335c5.jpg)
I like the one with him reading the art of the deal and laughing hysterically better. Both good though.
Post by: steve dave on April 23, 2025, 01:02:52 PM
https://x.com/typesfast/status/1915040394171334859?s=46
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Post by: Sandstone Outcropping on April 23, 2025, 01:09:46 PM
Thread, may want to stock up folksthis guy needs to chill.
https://x.com/typesfast/status/1915040394171334859?s=46
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I trust that Trump and his crack team of advisors have already carefully thought through all of these contingencies.
Post by: wetwillie on April 23, 2025, 01:13:13 PM
Thread, may want to stock up folks
https://x.com/typesfast/status/1915040394171334859?s=46
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I've been stockpiling heavy machinery parts and electrical equipment all April thank goodness
Post by: michigancat on April 23, 2025, 01:23:49 PM
Post by: chum1 on April 23, 2025, 01:24:21 PM
Post by: Stupid Fitz on April 23, 2025, 01:31:07 PM
Post by: Dugout DickStone on April 23, 2025, 01:35:42 PM
(https://media.surlyhorns.com/monthly_2025_04/IMG_20250423_064226.jpg.92c8df56c3e0984daaf350b9c80335c5.jpg)
nailed
Post by: Dugout DickStone on April 23, 2025, 01:36:54 PM
Walmart and Target supposedly warned Trump about empty shelves. I would really love for people to be seriously inconvenienced and get super mad at Trump.
this will be impossible for some. long term pain for elon's short term gain
Post by: bucket on April 23, 2025, 01:38:52 PM
He's going to fold/ get a "deal", tell everyone how wonderful the deal is (it will be pretty much the same as before), and MAGA will cheer him. It was the only way this was ever going to end.
Long-term damage to our world standing be damned.
Post by: wetwillie on April 23, 2025, 01:50:32 PM
He's going to fold/ get a "deal", tell everyone how wonderful the deal is (it will be pretty much the same as before), and MAGA will cheer him. It was the only way this was ever going to end.
Bingo
Post by: Sandstone Outcropping on April 23, 2025, 02:34:05 PM
Walmart and Target supposedly warned Trump about empty shelves. I would really love for people to be seriously inconvenienced and get super mad at Trump.You are forgetting the 2nd Law of Trump -- Trump cannot do anything that will make his followers disown him. They will blame Globalists, RINOs, DEEPSTATE, FAKE NEWS MEDIA, immigants -- anybody but Trump for the pain that he causes.
Post by: wetwillie on April 24, 2025, 01:06:48 PM
Post by: LickNeckey on April 24, 2025, 10:03:29 PM
Post by: sonofdaxjones on April 25, 2025, 09:34:44 AM
Sorry, this post has been removed by the moderators of r/StockMarket.
Post by: sonofdaxjones on April 25, 2025, 10:49:34 AM
There are signs that one side is blinking on certain tariffs and its not the United States.
There's no doubt that somehow, some way, #blueanongE will figure out a way to meltdown about it and I'm giving it a coinflip chance that the meme machine prediction of Chinese flags appearing on social media accounts will start happening soon. :thumbsup:
Post by: LickNeckey on April 25, 2025, 11:42:55 AM
"The deal is a deal that I choose. View it differently: We are a department store and we set the price. I meet with the companies, and then I set a fair price, what I consider to be a fair price, and they can pay it, or they don't have to pay it," he added.
Post by: steve dave on April 25, 2025, 12:47:00 PM
https://x.com/firstsquawk/status/1915822856207782001?s=46
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Post by: Sandstone Outcropping on April 25, 2025, 12:49:38 PM
lmaoSitting high atop his cuck chair.
https://x.com/firstsquawk/status/1915822856207782001?s=46
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Post by: sonofdaxjones on April 25, 2025, 01:13:55 PM
But here we are with #blueanon/#blueanongE melting down about everything all the time :thumbsup: :thumbsup: :thumbsup:
Post by: steve dave on April 26, 2025, 09:06:14 AM
https://x.com/rachelbitecofer/status/1915819112967901547?s=46
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Post by: SleepFighter on April 26, 2025, 09:17:30 AM
"Because the deal is a deal that I choose. View it differently: We are a department store, and we set the price. I meet with the companies, and then I set a fair price, what I consider to be a fair price, and they can pay it, or they don't have to pay it. "
https://time.com/7280114/donald-trump-2025-interview-transcript/ (https://time.com/7280114/donald-trump-2025-interview-transcript/)
Post by: Brock Landers on April 26, 2025, 10:13:03 AM
lmao
https://x.com/firstsquawk/status/1915822856207782001?s=46
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World's worst negotiator takes a stab at negotiating. What could go wrong?
Post by: Dugout DickStone on April 26, 2025, 10:15:22 AM
Post by: LickNeckey on April 27, 2025, 01:36:04 PM
Post by: LickNeckey on April 27, 2025, 08:23:36 PM
lets be honest here
Pubs forever have wanted to replace income tax with increased sales (consumption taxes) as a mechanism to reduce income tax
This is simply the way for Trump to unilaterally do this. (shitting on the entirety of the world economy is an unfortunate byproduct)
https://www.reddit.com/r/CattyInvestors/s/J14YyHDApM
Post by: LickNeckey on April 28, 2025, 08:26:39 PM
Post by: steve dave on April 29, 2025, 08:22:27 AM
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Post by: steve dave on April 29, 2025, 08:24:41 AM
https://x.com/deitaone/status/1917201457344074105?s=46
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Post by: Dugout DickStone on April 29, 2025, 08:25:43 AM
Post by: star seed 7 on April 29, 2025, 08:26:32 AM
Post by: cfbandyman on April 29, 2025, 09:23:37 AM
lmao
https://x.com/deitaone/status/1917201457344074105?s=46
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:ROFL: :ROFL:
Post by: LickNeckey on April 29, 2025, 09:36:08 AM
not hostile or political
pointing out the specific costs
hostile and political
Post by: sonofdaxjones on April 29, 2025, 09:40:32 AM
Post by: LickNeckey on April 29, 2025, 10:47:47 AM
let's highlight how much we are winning on a per item basis!
Post by: steve dave on April 29, 2025, 10:48:50 AM
https://x.com/DeItaone/status/1917244164158194161
Post by: catastrophe on April 29, 2025, 10:50:32 AM
if tariffs are supposed to be good why would highlighting them be bad?Agreed. Trumpet the Trump tariffs.
let's highlight how much we are winning on a per item basis!
Post by: sonofdaxjones on April 29, 2025, 11:01:59 AM
The same group know holds rallies about oligarchs . . . while their movement has been completely controlled by oligarchs, mega-corps and dark money.
Post by: catastrophe on April 29, 2025, 12:23:59 PM
Viewers of this blog are again reminded that the majority of the people in the midst of their ongoing meltdown about everything support politicians who have spent the better part of the last 40 years :bawl: :bawl: :bawl: about unfair trade practices, tariffs and in their words "bad trade deals". Viewers are also reminded that 2 POTUS, one a #blueanon icon, the other warmly invited into the #blueanon fold because he's anti-Trump . . . completely sold out US IP and industry to the Chinese.
The same group know holds rallies about oligarchs . . . while their movement has been completely controlled by oligarchs, mega-corps and dark money.
Makes perfect sense to me, Dax. So why doesn't Trump want Americans to know the impacts of his strategy to right the wrongs of former U.S. presidents?
Post by: michigancat on April 29, 2025, 01:20:25 PM
Scott Bessent sure is a breath of fresh air . . . not at all shy to take on the #blueanon drama queens on the Sunday morning circuit. Of which, like most of #blueanon, utterly clueless on everything.
lmao at him in this clip
https://x.com/atrupar/status/1917203122121839050
Post by: Stupid Fitz on April 29, 2025, 01:34:53 PM
Scott Bessent sure is a breath of fresh air . . . not at all shy to take on the #blueanon drama queens on the Sunday morning circuit. Of which, like most of #blueanon, utterly clueless on everything.
lmao at him in this clip
https://x.com/atrupar/status/1917203122121839050
His only thought, "man I wish I wouldn't have used my main email address when I sent that email to.....(insert whatever place or person he sent it to)"
Post by: Sandstone Outcropping on April 29, 2025, 01:58:33 PM
sounds like terrorism on the part of amazon. some deportations are in order here...Scott Bessent sure is a breath of fresh air . . . not at all shy to take on the #blueanon drama queens on the Sunday morning circuit. Of which, like most of #blueanon, utterly clueless on everything.
lmao at him in this clip
https://x.com/atrupar/status/1917203122121839050
Post by: sonofdaxjones on April 29, 2025, 03:05:32 PM
Viewers of this blog are again reminded that the majority of the people in the midst of their ongoing meltdown about everything support politicians who have spent the better part of the last 40 years :bawl: :bawl: :bawl: about unfair trade practices, tariffs and in their words "bad trade deals". Viewers are also reminded that 2 POTUS, one a #blueanon icon, the other warmly invited into the #blueanon fold because he's anti-Trump . . . completely sold out US IP and industry to the Chinese.
The same group know holds rallies about oligarchs . . . while their movement has been completely controlled by oligarchs, mega-corps and dark money.
Makes perfect sense to me, Dax. So why doesn't Trump want Americans to know the impacts of his strategy to right the wrongs of former U.S. presidents?
You'll have to ask Don, cat.
I am just reminding viewers of this blog that your political movement has :bawl: :bawl: :bawl: about trade deals and unfair trade for decades now and we now know it was nothing bult political theater. They had no intention of actually doing anything about it - it was just a tool to keep getting re-elected. That's cool, but don't :bawl: :bawl: :bawl: and act like infants when the act is exposed. This applies to both sides of the uniparty.
Post by: steve dave on April 29, 2025, 03:36:32 PM
https://x.com/deitaone/status/1917312376946241729?s=46
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Post by: catastrophe on April 29, 2025, 05:02:21 PM
That’s a funny justification. That’s like if my wife was always complaining about our dishwasher not cleaning dishes well and then without any plan or preparation whatsoever I started pounding on it with a hammer and when she’s like WTF are you doing, I would be like “OH I GUESS YOU WERE ALL TALK WHEN YOU SAID THIS NEEDED FIXED”Viewers of this blog are again reminded that the majority of the people in the midst of their ongoing meltdown about everything support politicians who have spent the better part of the last 40 years :bawl: :bawl: :bawl: about unfair trade practices, tariffs and in their words "bad trade deals". Viewers are also reminded that 2 POTUS, one a #blueanon icon, the other warmly invited into the #blueanon fold because he's anti-Trump . . . completely sold out US IP and industry to the Chinese.
The same group know holds rallies about oligarchs . . . while their movement has been completely controlled by oligarchs, mega-corps and dark money.
Makes perfect sense to me, Dax. So why doesn't Trump want Americans to know the impacts of his strategy to right the wrongs of former U.S. presidents?
You'll have to ask Don, cat.
I am just reminding viewers of this blog that your political movement has :bawl: :bawl: :bawl: about trade deals and unfair trade for decades now and we now know it was nothing bult political theater. They had no intention of actually doing anything about it - it was just a tool to keep getting re-elected. That's cool, but don't :bawl: :bawl: :bawl: and act like infants when the act is exposed. This applies to both sides of the uniparty.
Post by: michigancat on April 29, 2025, 06:07:32 PM
lmao
https://x.com/deitaone/status/1917312376946241729?s=46
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Hopefully!
90 days is gonna come quick
Post by: wetwillie on April 30, 2025, 06:36:03 AM
Post by: michigancat on April 30, 2025, 07:38:21 AM
Markets are creeping back up, looks like S&P 500 is back to where it was on so called Liberation Day.
Imagine how good it would be if liberation day never happened
Post by: sonofdaxjones on April 30, 2025, 08:27:14 AM
It’s like you didn’t pay any attention at all when the market dropped 30% give or take in the middle of Pedo Pete’s presidency.
Damn - thought K-State people were smarter than that. #frown
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Post by: SleepFighter on April 30, 2025, 08:55:38 AM
It would be fantastic if all of the doom and gloom turns out to be over hyped, But right now things do not look good.
Post by: sonofdaxjones on April 30, 2025, 08:58:49 AM
(insert the terrabytes of video of wall street titans warning people over the years that if you don't have the stomach for the market going down - you don't belong in the market here)
Post by: SleepFighter on April 30, 2025, 09:10:26 AM
Post by: sonofdaxjones on April 30, 2025, 09:12:08 AM
Post by: Rage Against the McKee on April 30, 2025, 09:35:15 AM
Post by: SleepFighter on April 30, 2025, 09:39:00 AM
Having said that, imports ahead of the tariffs were the first thing mentioned in the report for a reason. And beyond that, the future doesn't look good.
Post by: Cire on April 30, 2025, 09:45:17 AM
Spending is on pace to be about a trillion dollars more than last year.
Wait until the farmers get bailed out
Post by: sonofdaxjones on April 30, 2025, 09:52:51 AM
So I learned something. The BEA report ignores transfer payments. So while total government outlays are up, "real government consumption expenditures" are indeed down.
Having said that, imports ahead of the tariffs were the first thing mentioned in the report for a reason. And beyond that, the future doesn't look good.
The government has historically ignored transfer payments: See also - Bill Clinton "balanced the budget".
But I do agree - we avoided a lot of pain under the previous administration via a lot of: Gaslighting, lying, government spending and kicking the can down the road.
For those keeping score at home, Federal Fiscal Year '26 started approximately 4 months before Don Trump took office and during the 1st qtr of FFY '26 the US Government set a record pace of borrowing in a single Federal quarter . . . and now we've got yet another debt limit debate going on.
We also had an all time record monthly trade deficit in the last month of the 1st qtr of FFY '26.
Post by: LickNeckey on April 30, 2025, 10:11:35 AM
https://thehill.com/homenews/administration/5274695-trump-biden-stock-market-tariffs/
Post by: sonofdaxjones on April 30, 2025, 10:23:24 AM
Post by: 'taterblast on April 30, 2025, 10:49:50 AM
"the decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports." . . . BEA
perhaps a decrease in the rate of increase of government spending? where is the data proving spending was down q1 2025 vs any prior period?
Post by: sonofdaxjones on April 30, 2025, 10:51:54 AM
"the decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports." . . . BEA
perhaps a decrease in the rate of increase of government spending? where is the data proving spending was down q1 2025 vs any prior period?
You'll have to go ask the Bureau of Economic Advisors/Analysis
Post by: SleepFighter on April 30, 2025, 11:10:33 AM
But, total government outlays (including debt service, entitlement payments and some other stuff) are up significantly year over year.
It turns out both are true.
Post by: 'taterblast on April 30, 2025, 11:13:18 AM
Long story short, the government bought less stuff in an inflation-adjusted measure in Q1. This is what is used in the GDP calculation.
But, total government outlays (including debt service, entitlement payments and some other stuff) are up significantly year over year.
It turns out both are true.
thank you, was trying to square up the different reports i was finding
Post by: sonofdaxjones on April 30, 2025, 11:24:18 AM
Meanwhile (for example) we know the jobs numbers were french fried beyond recognition during the previous administration and that's acceptable and explainable :lol: (note to viewers . . . french fried by a different economic review/oversight entity)
Post by: 'taterblast on April 30, 2025, 12:14:17 PM
nitpicking this process
link? i asked for clarification on the math being presented. good for Trump getting inflation-adjusted government consumption expenditures and gross investment down in Q1 2025! if they stay down the next four quarters he'll match the start of Biden's term, which is great!
Post by: Sandstone Outcropping on April 30, 2025, 01:48:39 PM
(https://pbs.twimg.com/media/Gpzd7VTXoAA8PX0?format=jpg&name=small)
https://x.com/Acyn/status/1917634492539494557
Post by: steve dave on April 30, 2025, 02:28:42 PM
Markets are creeping back up, looks like S&P 500 is back to where it was on so called Liberation Day.
Him caving on tariffs is priced in. He better fuckin' do it.
Post by: sonofdaxjones on April 30, 2025, 03:28:34 PM
Dow shrugs off economic news, up today.
Was there this much melting down when the market dropped on average 30% across the board in the middle of what should have been a post Covid recovery colossus?
Oh wait a Dem puppet boy was POTUS and the market was not the economy back then. :thumbsup:
Post by: Dugout DickStone on April 30, 2025, 03:33:20 PM
Markets are creeping back up, looks like S&P 500 is back to where it was on so called Liberation Day.
Him caving on tariffs is priced in. He better fuckin' do it.
precisely. If china weren't so intent on making a bitch of trump they could toss him a hollow (fake) victory and we could all move on. They seem to enjoy him look like an impotent loudmouth - at least for now
Post by: wetwillie on April 30, 2025, 03:39:03 PM
Markets are creeping back up, looks like S&P 500 is back to where it was on so called Liberation Day.
Him caving on tariffs is priced in. He better fuckin' do it.
I get the sense Scotty B is settling in as one of the more trusted cabinet members and he's probably the closest thing to an adult in the room that we have.
Post by: Stupid Fitz on April 30, 2025, 04:09:19 PM
Markets are creeping back up, looks like S&P 500 is back to where it was on so called Liberation Day.
Him caving on tariffs is priced in. He better fuckin' do it.
I get the sense Scotty B is settling in as one of the more trusted cabinet members and he's probably the closest thing to an adult in the room that we have.
So he will be out in less than 6 month then?
Post by: sonofdaxjones on April 30, 2025, 04:36:29 PM
(https://uploads.tapatalk-cdn.com/20250430/6f7ff5b9758564e3b9689205fa1e36d2.jpg)
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Post by: steve dave on April 30, 2025, 04:37:26 PM
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Post by: steve dave on April 30, 2025, 04:50:17 PM
https://x.com/acyn/status/1917695383029047755?s=46
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Post by: Stupid Fitz on April 30, 2025, 04:59:11 PM
Post by: Trim on April 30, 2025, 05:07:16 PM
Post by: catastrophe on April 30, 2025, 08:04:52 PM
Post by: BIG APPLE CAT on April 30, 2025, 08:15:08 PM
Interest in the Federal debt declined for the first time since Trump 1.0
(https://uploads.tapatalk-cdn.com/20250430/6f7ff5b9758564e3b9689205fa1e36d2.jpg)
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I assume that’s another chart from your doctor boy? (I’m assuming that bc it appears to be super zoomed in and likely misleading)
Post by: Spracne on April 30, 2025, 08:26:12 PM
Post by: steve dave on April 30, 2025, 08:38:52 PM
"Federal Interest Payments"?I can only assume he’s (via zero hedge or that infowars “econimist”) is talking about the 10 yr or blended treasury rate. You could ask him but I doubt he knows.
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Post by: wetwillie on April 30, 2025, 10:16:13 PM
Post by: waks on May 01, 2025, 01:23:52 AM
I've dubbed that chart the brontosaurus:lol:
Post by: sonofdaxjones on May 01, 2025, 09:52:09 AM
Got damn . . . :surprised:
Post by: wetwillie on May 01, 2025, 10:00:32 AM
Post by: Dugout DickStone on May 01, 2025, 10:01:56 AM
Stonks still going up, market must think caving is imminent.
it smells like bitch in here
-Xi
Post by: sonofdaxjones on May 01, 2025, 10:26:44 AM
Post by: sonofdaxjones on May 01, 2025, 03:24:29 PM
Post by: sonofdaxjones on May 01, 2025, 03:25:32 PM
"Federal Interest Payments"?I can only assume he’s (via zero hedge or that infowars “econimist”) is talking about the 10 yr or blended treasury rate. You could ask him but I doubt he knows.
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It's like reading has completely escaped the dude who made this post . . .
Post by: steve dave on May 01, 2025, 09:24:39 PM
What does it mean Dax?"Federal Interest Payments"?I can only assume he’s (via zero hedge or that infowars “econimist”) is talking about the 10 yr or blended treasury rate. You could ask him but I doubt he knows.
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It's like reading has completely escaped the dude who made this post . . .
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Post by: sonofdaxjones on May 01, 2025, 09:36:18 PM
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Post by: steve dave on May 01, 2025, 09:51:50 PM
We’re paying less for our debt servicing.he has no idea. he lifted it from one of the two dipshits I said I guarantee you.
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Post by: sonofdaxjones on May 01, 2025, 09:58:47 PM
1. Mad about the source - which is based on US government provided data
2. Embarrassed at that rough ridin' moonshot that occurred under his boy, Pedo Pete
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Post by: steve dave on May 01, 2025, 10:17:26 PM
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Post by: Spracne on May 01, 2025, 10:24:17 PM
I can guarantee that Steve Dave has no ability at all to refute what’s being said he’s just:
1. Mad about the source - which is based on US government provided data
2. Embarrassed at that rough ridin' moonshot that occurred under his boy, Pedo Pete
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:lol:
Post by: sonofdaxjones on May 01, 2025, 10:35:28 PM
Do you think it’s the treasury rate dax?Steve - your ilk is literally out there trying to cover for this by saying we’ll still pay over a trillion in interest on our debt.
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While we were on rocket ship towards paying 2 trillion on our debt service.
Sorry your boy blew it out to salvage politically driven economic “growth”.
Just like he drained the SPR so fast it damaged equipment that has to be replaced . . . in order to buy votes.
Now we’ll spend $20-$30 billion (minimum) to fill it up halfway.
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Post by: sonofdaxjones on May 01, 2025, 10:37:48 PM
#blogkarenI can guarantee that Steve Dave has no ability at all to refute what’s being said he’s just:
1. Mad about the source - which is based on US government provided data
2. Embarrassed at that rough ridin' moonshot that occurred under his boy, Pedo Pete
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:lol:
With the feeble drive by
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Post by: steve dave on May 01, 2025, 11:09:35 PM
Do you think it’s the treasury rate dax?Steve - your ilk is literally out there trying to cover for this by saying we’ll still pay over a trillion in interest on our debt.
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While we were on rocket ship towards paying 2 trillion on our debt service.
Sorry your boy blew it out to salvage politically driven economic “growth”.
Just like he drained the SPR so fast it damaged equipment that has to be replaced . . . in order to buy votes.
Now we’ll spend $20-$30 billion (minimum) to fill it up halfway.
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so your chart is the treasury rate or......?
Post by: sonofdaxjones on May 01, 2025, 11:14:02 PM
Explain in depth in your own words
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Post by: steve dave on May 01, 2025, 11:14:29 PM
Post by: steve dave on May 01, 2025, 11:15:58 PM
Post by: sonofdaxjones on May 01, 2025, 11:16:20 PM
I'd feel like a huge fuckin' idiot if I posted it like you did if it was treasury rates or something similar. but I assume given your vigor it's something different. Just let us know Dax. we'd love to know that you aren't a tool of the far right social media your old ass brain is beholden to.That’s not explaining why it’s wrong or misleading.
You’re just mad as always
Try again
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Post by: steve dave on May 01, 2025, 11:19:49 PM
Post by: sonofdaxjones on May 01, 2025, 11:21:09 PM
Here we go . . .
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Post by: steve dave on May 01, 2025, 11:31:06 PM
https://x.com/RealEJAntoni/status/1917624120017146044
Post by: sonofdaxjones on May 01, 2025, 11:33:32 PM
This is bad
(https://uploads.tapatalk-cdn.com/20250502/4c1b16fd66cd462522985f43dfd4adb0.jpg)
Thus the short term debt kicking the can down the road that Trump has to deal with now.
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Post by: sonofdaxjones on May 01, 2025, 11:34:35 PM
ok. I've sourced it. It was obviously that far right guy dax always posts stuff from.LMAO - that explains nothing and refutes absolutely nothing
https://x.com/RealEJAntoni/status/1917624120017146044
LMAO - at SteveDave (again)
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Post by: steve dave on May 01, 2025, 11:37:12 PM
Post by: sonofdaxjones on May 01, 2025, 11:38:49 PM
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Post by: sonofdaxjones on May 01, 2025, 11:39:34 PM
Is he just tracking the 10 year or blended rate? we're in multiple layers of dumfucks not knowing what they are talking about at this point. Dax, you always say "that's from the fed!" but I don't think it really is if you follow this fuckin' guy. I've got a lot of guys you can follow instead.Look at this flailing, kids
So - sad
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Post by: steve dave on May 01, 2025, 11:40:11 PM
As expected (and as usual) Steve has nothing to say about that moonshot, dare I say - Mars shot that occurred under Pedo Pete via Shrooms Yellen
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dax, wtf does any of this even mean?
Post by: steve dave on May 01, 2025, 11:41:02 PM
Is he just tracking the 10 year or blended rate? we're in multiple layers of dumfucks not knowing what they are talking about at this point. Dax, you always say "that's from the fed!" but I don't think it really is if you follow this fuckin' guy. I've got a lot of guys you can follow instead.Look at this flailing, kids
So - sad
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in hindsight cracking my knuckles was overkill
Post by: sonofdaxjones on May 01, 2025, 11:43:02 PM
LMAO - WTF does that even mean?
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Post by: steve dave on May 01, 2025, 11:44:56 PM
Post by: sonofdaxjones on May 01, 2025, 11:46:19 PM
Short term national debt rollovers and draining of the strategic petroleum reserve are just middling cogs in the greater scheme.
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Post by: sonofdaxjones on May 01, 2025, 11:46:38 PM
I have many reputable people you can follow for economic and financial news that won't poison your old ass poisoned brain more. it's basically all I follow. I have a curated list. THIS GOES OUT TO EVERYONE HERE! If you want to know about markets, the economy, etc. without political bullshit I got you.LMAO
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Post by: steve dave on May 01, 2025, 11:46:55 PM
Post by: steve dave on May 01, 2025, 11:48:04 PM
BTW-Numerous mechanisms of #blueanon are derived almost exclusively around buying votes.
Short term national debt rollovers and draining of the strategic petroleum reserve are just middling cogs in the greater scheme.
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:sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek: :sdeek:
Post by: steve dave on May 01, 2025, 11:50:03 PM
(https://en.meming.world/images/en/thumb/5/5a/Ight_Imma_Head_Out.jpg/300px-Ight_Imma_Head_Out.jpg)
Post by: sonofdaxjones on May 01, 2025, 11:59:05 PM
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Post by: sonofdaxjones on May 02, 2025, 12:01:15 AM
(https://uploads.tapatalk-cdn.com/20250502/728802f19f4a3d717f5fc731f0b5459a.jpg)
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Post by: sonofdaxjones on May 02, 2025, 12:05:39 AM
Only complete derps can’t understand this.As expected (and as usual) Steve has nothing to say about that moonshot, dare I say - Mars shot that occurred under Pedo Pete via Shrooms Yellen
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dax, wtf does any of this even mean?
I’ll give Steve the benefit and say he’s just being purposefully obtuse
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Post by: star seed 7 on May 02, 2025, 07:48:33 AM
Post by: steve dave on May 02, 2025, 07:51:53 AM
SD, what are your thoughts on Janet 'shrooms' Yellen?I like her
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Post by: steve dave on May 02, 2025, 07:52:25 AM
https://x.com/justinwolfers/status/1918282399626018884?s=46
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Post by: star seed 7 on May 02, 2025, 07:53:17 AM
Post by: BIG APPLE CAT on May 02, 2025, 08:08:15 AM
Yo-Yo Ma is to the cello what Dax is to talking out of his ass
Post by: Stupid Fitz on May 02, 2025, 08:24:50 AM
Post by: sonofdaxjones on May 02, 2025, 08:29:20 AM
I love how Dax posts some graph and then when asked what that graph means his response is no, YOU tell me what it means then, you giant derpI absolutely did respond.
Yo-Yo Ma is to the cello what Dax is to talking out of his ass
BAC - Big Mad - All Day - All Nigjt
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Post by: sonofdaxjones on May 02, 2025, 08:46:57 AM
More pre election cooking the books - 4 years of trying to influence elections by draining our SPR, short term debt roll overs, massively overstating job growth and Liz Warren begging Powell to lower interest rates, just to name a few.
Shrooms Yellen flat out lied about “transitory” inflation.
Topped with the massive decline in full time jobs and the explosion of part time and more than one job holders
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Post by: wetwillie on May 02, 2025, 08:56:06 AM
Post by: steve dave on May 02, 2025, 09:29:05 AM
Damn, the markets are just ripping this week.You can’t lie to the market
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Post by: Stupid Fitz on May 02, 2025, 09:46:19 AM
Damn, the markets are just ripping this week.You can’t lie to the market
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Biden market crushing it per usual. :driving:
Post by: wetwillie on May 02, 2025, 10:24:56 AM
Damn, the markets are just ripping this week.You can’t lie to the market
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Just another data point in the buy the dip school of thought.
Post by: sonofdaxjones on May 02, 2025, 10:29:19 AM
Thanks and I look forward to seeing it on this blog.
Post by: sonofdaxjones on May 02, 2025, 10:33:44 AM
Dem icons Bill Clinton, Al Gore and Barrack Obama (and once upon a time Joe Biden) gaze upon this wondrous news . . . they talked about it, a lot. Held press conferences, proclaimed it in speeches and launched major initiatives to reduce the Federal payroll. Didn't do much, tho.
Post by: wetwillie on May 02, 2025, 12:01:37 PM
https://amp.cnn.com/cnn/2025/05/02/economy/what-to-expect-from-fridays-jobs-report (https://amp.cnn.com/cnn/2025/05/02/economy/what-to-expect-from-fridays-jobs-report)
Post by: LickNeckey on May 02, 2025, 03:19:47 PM
Jobs still solid. 52 straight weeks of job growth!
https://x.com/justinwolfers/status/1918282399626018884?s=46
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seems very good
Dax are we ok to be happy about this?
Post by: Dugout DickStone on May 02, 2025, 04:33:39 PM
Post by: CNS on May 02, 2025, 04:53:10 PM
Post by: Dugout DickStone on May 02, 2025, 08:10:16 PM
I am pretty sure either the jobs numbers are fake news or May 1st is the official Trump Market date.
Trump has already given this ripper market to Biden. Pretty cool of him
Post by: sonofdaxjones on May 02, 2025, 11:43:24 PM
Very similar to my observation of when #blueanon hates GOD or wants to ride herd with THE ALMIGHTY.
It’s an incredible observation and the functional equivalent of people watching at an ICP show.
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Post by: wetwillie on May 03, 2025, 05:36:28 AM
Post by: Dugout DickStone on May 03, 2025, 08:09:04 AM
I'm impressed with your restraint on commenting on the validity of the jobs report
He’s showing a great deal of humility during the Biden market
Post by: LickNeckey on May 03, 2025, 10:45:21 AM
https://www.marketwatch.com/livecoverage/berkshire-hathaway-annual-meeting-buffett-in-spotlight-as-investors-flock-to-omaha
Post by: steve dave on May 03, 2025, 10:03:06 PM
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Post by: LickNeckey on May 06, 2025, 11:01:58 PM
Post by: Stupid Fitz on May 07, 2025, 08:45:53 AM
https://www.reuters.com/world/us/us-trade-deficit-surges-record-high-march-2025-05-06/
This is the Biden part
Post by: sonofdaxjones on May 07, 2025, 09:58:45 AM
Note to viewers of the blog. #blueanongE didn't give a single solitary eff when (for examples): The US borrowed more money in a single quarter of a FFY ever - in the first quarter of FFY '26. When the old record US trade deficit occured while President RoboPen/Acting POTUS Jill Biden were still ceremonially occupying the Oval Office.
Now they're in melt down about everything all the time mode - so they're going to keep shitting all over this blog :bawl: :bawl: :bawl: about everything all day - every day :thumbsup:
Post by: BIG APPLE CAT on May 07, 2025, 10:13:28 AM
Only giant derps can't explain why that is happening.
Note to viewers of the blog. #blueanongE didn't give a single solitary eff when (for examples): The US borrowed more money in a single quarter of a FFY ever - in the first quarter of FFY '26. When the old record US trade deficit occured while President RoboPen/Acting POTUS Jill Biden were still ceremonially occupying the Oval Office.
Now they're in melt down about everything all the time mode - so they're going to keep shitting all over this blog :bawl: :bawl: :bawl: about everything all day - every day :thumbsup:
dax can you explain why its happening w/o whatabouting previous administrations?
Post by: sonofdaxjones on May 07, 2025, 10:58:04 AM
Only giant derps can't explain why that is happening.
Note to viewers of the blog. #blueanongE didn't give a single solitary eff when (for examples): The US borrowed more money in a single quarter of a FFY ever - in the first quarter of FFY '26. When the old record US trade deficit occured while President RoboPen/Acting POTUS Jill Biden were still ceremonially occupying the Oval Office.
Now they're in melt down about everything all the time mode - so they're going to keep shitting all over this blog :bawl: :bawl: :bawl: about everything all day - every day :thumbsup:
dax can you explain why its happening w/o whatabouting previous administrations?
Tariff concerns . . .
But the whatabouting is not going to end, because I will continually document and :lol: :lol: at you guys not caring about the exact same stuff when a Democrat is POTUS
You get mad, because you're embarrassed that you're such hyper-partisan shills
Post by: Dugout DickStone on May 07, 2025, 11:26:47 AM
https://www.reuters.com/world/us/us-trade-deficit-surges-record-high-march-2025-05-06/
that feeling when the entire world is dunking on you
Post by: star seed 7 on May 07, 2025, 11:33:33 AM
Post by: LickNeckey on May 07, 2025, 12:06:40 PM
why do they want to let those other countries off the hook?
"I am going to put tariffs on other countries coming into our country, and that has nothing to do with taxes to us. That is a tax on another country,” Trump said.
“It’s not a tax on the middle class. It’s a tax on another country.”
“it’s not going to be a cost to you, it’s going to be a cost to another country.”
Post by: Dugout DickStone on May 07, 2025, 12:22:19 PM
Post by: bucket on May 07, 2025, 01:18:04 PM
Post by: sonofdaxjones on May 07, 2025, 02:21:49 PM
It really hammers home what a collective pile of simp-derps the entire collective is, I mean :lol: :lol: :lol:
Post by: steve dave on May 08, 2025, 11:14:57 AM
https://x.com/Acyn/status/1920508286652330384
Post by: wetwillie on May 08, 2025, 11:31:45 AM
Post by: michigancat on May 08, 2025, 11:36:15 AM
he has no idea how these things work
https://x.com/Acyn/status/1920508286652330384
Just incredibly dumb
Post by: LickNeckey on May 08, 2025, 01:55:16 PM
Post by: DaBigTrain on May 08, 2025, 04:23:24 PM
Post by: IPA4Me on May 08, 2025, 05:01:57 PM
https://x.com/WallStreetApes/status/1919979618368684376?t=LVfIYeWa2jkWsAp0RDaKwA&s=19
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Post by: mocat on May 08, 2025, 05:24:25 PM
Post by: sonofdaxjones on May 08, 2025, 05:39:39 PM
https://www.reddit.com/r/thescoop/s/NFfYAoIo65
Bot Alert!!
Post by: sonofdaxjones on May 08, 2025, 05:42:22 PM
Post by: star seed 7 on May 08, 2025, 05:47:13 PM
Post by: sonofdaxjones on May 08, 2025, 05:48:57 PM
Dax, do you agree with the president that ports and shipping companies slowing down is good because it means we are losing less money?
No
I don't know what that has to do with the market - but that's life in the rando deflection world of the StalkerBot :thumbsup:
Post by: star seed 7 on May 08, 2025, 05:54:01 PM
Dax, do you agree with the president that ports and shipping companies slowing down is good because it means we are losing less money?
No
I don't know what that has to do with the market - but that's life in the rando deflection world of the StalkerBot :thumbsup:
You replied to a video of trump saying exactly that "bot alert".
And you don't know what supply lines have to do with the market?
Are you drunk already dude?
Post by: wetwillie on May 08, 2025, 05:57:59 PM
Letting his socialist flag fly now
Post by: CNS on May 08, 2025, 07:20:31 PM
These people are so dumb.
https://x.com/WallStreetApes/status/1919979618368684376?t=LVfIYeWa2jkWsAp0RDaKwA&s=19
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If only there was a way to know something like this would happen before we made a move.
Post by: CNS on May 08, 2025, 07:22:48 PM
Post by: DaBigTrain on May 08, 2025, 07:39:27 PM
Post by: BIG APPLE CAT on May 08, 2025, 09:40:13 PM
These people are so dumb.
https://x.com/WallStreetApes/status/1919979618368684376?t=LVfIYeWa2jkWsAp0RDaKwA&s=19
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The stupid thing is that hallmark should have just said “we’re raising prices because of woke” that one pretty much always plays, no questions asked
Post by: steve dave on May 08, 2025, 10:03:16 PM
Are we moving to a pivot point? The Market is the real economy/The Market is not the real economy (as determined by #blueanon)??
dax, you talk about this all the time. almost daily. can you reference people here who have done this thing?
Post by: steve dave on May 08, 2025, 10:04:16 PM
Did you guys see that MO just passed a new tax law that makes Missouri tax on capital gains 0%?
what is the state take of capital gains elsewhere? state taxes are frivolous mostly.
Post by: Dugout DickStone on May 09, 2025, 09:38:35 AM
These people are so dumb.
https://x.com/WallStreetApes/status/1919979618368684376?t=LVfIYeWa2jkWsAp0RDaKwA&s=19
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Got multiple Mother’s Day cards yesterday at likely the flagship Hallmark store in crown center and confirm this is 1000% fake for morons.
Post by: steve dave on May 09, 2025, 09:51:10 AM
lmaoThese people are so dumb.
https://x.com/WallStreetApes/status/1919979618368684376?t=LVfIYeWa2jkWsAp0RDaKwA&s=19
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Got multiple Mother’s Day cards yesterday at likely the flagship Hallmark store in crown center and confirm this is 1000% fake for morons.
(https://uploads.tapatalk-cdn.com/20250509/5af64694ad24322ee5d026e3d1c0d687.jpg)
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Post by: wetwillie on May 09, 2025, 09:59:49 AM
Post by: Dugout DickStone on May 09, 2025, 11:29:30 AM
I had no idea hallmark still operated retail stores, I'm not sure how that is still economically feasible.
Crown center one probably survives because their landlord is, ya know, themselves.
And wall street apes is a great incel source. Not quite amuse but not catturd
Post by: steve dave on May 09, 2025, 12:19:32 PM
I had no idea hallmark still operated retail stores, I'm not sure how that is still economically feasible.
there is one next to a bar we go to after baseball and if there is a long wait my daughter goes to it and buys little knick knack stuff
Post by: sonofdaxjones on May 09, 2025, 12:56:52 PM
LMAO
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Post by: wetwillie on May 09, 2025, 01:07:14 PM
Post by: star seed 7 on May 09, 2025, 01:09:23 PM
(https://uploads.tapatalk-cdn.com/20250509/6cfc823575c0c0e05bba2b339a1920bf.jpg)
LMAO
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Isn't this what you've been saying for 4 years?
Post by: Cire on May 09, 2025, 01:31:26 PM
Post by: sonofdaxjones on May 09, 2025, 01:41:56 PM
Note to viewers of this blog, when the recession hit during Biden 1.0 - that being 2 successive quarters of negative economic growth, that's when the "we know a recession when we see it" crowd when into full hilarity.
Further notes: They french fried job growth beyond all recognition, and almost all job "growth" was either government hiring and or government subsidized hiring. Part time job holders and multiple job holders assassinated the full time job numbers.
Viewers will also note: The markets dropped 30% when we should have been in the midst of a gangbusters Covid exit recovery.
Post by: steve dave on May 09, 2025, 01:58:16 PM
Post by: sonofdaxjones on May 09, 2025, 02:31:30 PM
RECESSION WARNINGS EVERYWHERE!!
Post by: Spracne on May 09, 2025, 05:26:09 PM
Steve . . . your (and I'll give you the benefit of the doubt and say you're being purposely obtuse) inability to understand the seeds that #blueanon MSM plants in derp world aka #blueanon minds is concerning (but again, I'll simply assume, because you are K-State alumnus -that you're just being purposely obtuse and K-State does not need to fear for its accreditation)
RECESSION WARNINGS EVERYWHERE!!
I think you're misreading/misunderstanding the NYT headline.
Post by: LickNeckey on May 09, 2025, 08:51:55 PM
Post by: steve dave on May 10, 2025, 06:54:10 PM
https://x.com/watcherguru/status/1921352663259586871?s=46
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Post by: IPA4Me on May 10, 2025, 07:04:45 PM
Got’emI loaded way too many calls at close yesterday expecting him to cave.
https://x.com/watcherguru/status/1921352663259586871?s=46
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Post by: steve dave on May 10, 2025, 07:53:56 PM
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Post by: IPA4Me on May 10, 2025, 08:11:43 PM
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Post by: sonofdaxjones on May 11, 2025, 02:23:09 PM
Steve . . . your (and I'll give you the benefit of the doubt and say you're being purposely obtuse) inability to understand the seeds that #blueanon MSM plants in derp world aka #blueanon minds is concerning (but again, I'll simply assume, because you are K-State alumnus -that you're just being purposely obtuse and K-State does not need to fear for its accreditation)
RECESSION WARNINGS EVERYWHERE!!
I think you're misreading/misunderstanding the NYT headline.
No I am not based on the history of this blog and my continually enjoying the "we'll know it when we see" mindset of #bluanon oriented economists . . . featuring the 4 years of "transitory inflation" that featured Shrooms Yellen.
Post by: sonofdaxjones on May 11, 2025, 02:26:18 PM
Post by: star seed 7 on May 11, 2025, 02:28:09 PM
Post by: sonofdaxjones on May 11, 2025, 02:32:35 PM
Post by: star seed 7 on May 11, 2025, 02:33:39 PM
Life with the StalkerBot: Rarely if ever has anything about the topic itself
Dax "on topic"
Fire up the "we'll need to find something to nitpick and meltdown about it" machine that #blueanon powers with its own reactor (completely forgoing green energy - straight to nuclear for that behemoth which runs on a special element - Derptonium2028)
Post by: Spracne on May 11, 2025, 03:09:31 PM
Post by: sonofdaxjones on May 11, 2025, 03:36:31 PM
SMDH, sad :frown:
Post by: BIG APPLE CAT on May 11, 2025, 04:22:09 PM
Some people can't follow along with the modern news cycle . . . StalkerBot being one of those people
SMDH, sad :frown:
More pith less prattle
Post by: mocat on May 11, 2025, 05:34:13 PM
Some people can't follow along with the modern news cycle . . . StalkerBot being one of those people
SMDH, sad :frown:
More pith less prattle
dax is all spat no battle
Post by: sonofdaxjones on May 11, 2025, 05:59:00 PM
Very geriatric like in behavior
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Post by: michigancat on May 12, 2025, 05:36:39 AM
What did we get out of this?
Post by: sonofdaxjones on May 12, 2025, 07:47:22 AM
I think #blueanongE just needs to sit all of this out. It just moves too fast for you guys.
You're used to Joe stepping out of the back office on AF1 and mumbling some gibberish while Blinks rolls his eyes and looks ashamed to be alive
Post by: BIG APPLE CAT on May 12, 2025, 08:00:26 AM
Post by: cfbandyman on May 12, 2025, 09:04:57 AM
Maga thought leadership doesn’t even have talking points ready to deploy? Just gunna roll with “how’s about you just not worry about it?”
When you don't have a plan is the plan you can make it be whatever you want.
Post by: wetwillie on May 12, 2025, 09:26:46 AM
Post by: LickNeckey on May 12, 2025, 10:05:32 AM
Post by: 'taterblast on May 12, 2025, 10:17:27 AM
fidelity shitting the bed today is less than great
haven't logged in over a month because of the shenanigans
Post by: wetwillie on May 12, 2025, 10:19:43 AM
fidelity shitting the bed today is less than great
Trying to catch the upswing this morning and couldn't?
Post by: IPA4Me on May 12, 2025, 10:42:15 AM
Closed those swing calls for $30K this morning. Thanks, Xi.Got’emI loaded way too many calls at close yesterday expecting him to cave. (https://emoji.tapatalk-cdn.com/emoji57.png)
https://x.com/watcherguru/status/1921352663259586871?s=46 (https://x.com/watcherguru/status/1921352663259586871?s=46)
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Post by: IPA4Me on May 12, 2025, 10:46:58 AM
fidelity shitting the bed today is less than greatIt was a challenge selling this morning.
Post by: Stupid Fitz on May 12, 2025, 11:47:27 AM
I'm still working on my banana factory, but still have some time to bail on the idea.
Post by: BIG APPLE CAT on May 12, 2025, 01:45:09 PM
are we getting rich from tariffs or not? I'm not understanding why they are so awesome, but then we just pause or cancel them every other day?
I'm still working on my banana factory, but still have some time to bail on the idea.
If you’re still shopping at the grocery store and the grocery store ain’t shopping at you, then you’d best keep sowing those banana seeds
Post by: Stupid Fitz on May 12, 2025, 02:22:15 PM
are we getting rich from tariffs or not? I'm not understanding why they are so awesome, but then we just pause or cancel them every other day?
I'm still working on my banana factory, but still have some time to bail on the idea.
If you’re still shopping at the grocery store and the grocery store ain’t shopping at you, then you’d best keep sowing those banana seeds
I do have a dentist appointment next week. Should I be requesting that they buy something from me (bananas maybe) before I confirm my appointment?
Post by: LickNeckey on May 13, 2025, 11:05:51 AM
Post by: sonofdaxjones on May 13, 2025, 12:05:36 PM
Viewers of this blog will note that #blueanon - including many posting here, were like this a few short weeks ago - :ohno: :ohno: :ohno: :ohno: :runaway: :runaway: :runaway: :runaway: :runaway:
Please also note they'll be weaving and bobbing their way through the above whenever their hyper-partisan dullard mode kicks in . . . which is early and often.
Post by: Dugout DickStone on May 14, 2025, 09:49:15 AM
Post by: sonofdaxjones on May 14, 2025, 10:34:48 AM
https://twitter.com/ThePeoplesMMA/status/1922067487828353283
Post by: BIG APPLE CAT on May 14, 2025, 10:40:28 AM
Post by: sonofdaxjones on May 14, 2025, 10:42:26 AM
Which is 1000% on brand.
Also, he will have nothing to say about his boy frying the jobs numbers to get votes.
Edit-Just like his boy drained out SPR so fast it damaged equipment that's going to cost millions to repair . . . in order to buy votes.
Post by: star seed 7 on May 14, 2025, 11:17:27 AM
Post by: sonofdaxjones on May 14, 2025, 11:18:12 AM
Post by: Stupid Fitz on May 14, 2025, 11:23:24 AM
Post by: sonofdaxjones on May 14, 2025, 11:25:28 AM
Post by: sonofdaxjones on May 14, 2025, 11:38:27 AM
https://twitter.com/BloombergTV/status/1922663976577425452
Post by: LickNeckey on May 17, 2025, 10:46:07 PM
Post by: LickNeckey on May 17, 2025, 10:48:52 PM
Observers of this blog will note that certain hyperpartisan derp #blueanongE'rs were recently having DerpCon Level One meltdowns about Boeing orders . . .
https://twitter.com/BloombergTV/status/1922663976577425452
Boeing?
They’re a total mess.
Post by: steve dave on May 18, 2025, 08:43:18 AM
https://x.com/deitaone/status/1924096662852497649?s=46
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Post by: wetwillie on May 18, 2025, 10:16:29 AM
Post by: Spracne on May 18, 2025, 04:42:24 PM
Why is the treasury secretary commenting on tariff policy? Lutnick has been noticeably silent...
I heard someone call him Nutlick, and I instantly knew I would call him by nothing else going forward.
Post by: steve dave on May 22, 2025, 08:43:51 AM
Nancy Neg: no tax on tips and overtime is so fuckin’ dumb
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Post by: sonofdaxjones on May 22, 2025, 08:53:33 AM
Now they're rough ridin' gloming on to every word, every sentence about everything :lol: :lol:
Post by: CNS on May 22, 2025, 10:10:49 AM
Post by: steve dave on May 23, 2025, 07:01:17 AM
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Post by: Spracne on May 23, 2025, 07:05:10 AM
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Post by: Stupid Fitz on May 23, 2025, 08:08:23 AM
https://x.com/stocktwits/status/1925881819842408890?s=46
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Since tariffs make us rich, why is this a problem?
Post by: chum1 on May 23, 2025, 08:38:39 AM
Post by: Sandstone Outcropping on May 23, 2025, 09:50:27 AM
Post by: Rage Against the McKee on May 23, 2025, 10:05:49 AM
Hopefully, the market will start ignoring him like it did during his first term.
No, he won't back down if the market doesn't react.
Post by: wetwillie on May 23, 2025, 10:09:12 AM
Post by: steve dave on May 23, 2025, 11:11:13 AM
https://x.com/deitaone/status/1925939595167900103?s=46
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Post by: Dugout DickStone on May 23, 2025, 01:14:24 PM
We have the most economically brain dead people in charge of our economy. How the eff did we get here?
https://x.com/deitaone/status/1925939595167900103?s=46
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so that is low key one of the dumbest things ever said and it is peak MAGA
Post by: catastrophe on May 23, 2025, 01:27:24 PM
The ship isn’t sinking, the water level is rising.We have the most economically brain dead people in charge of our economy. How the eff did we get here?
https://x.com/deitaone/status/1925939595167900103?s=46
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so that is low key one of the dumbest things ever said and it is peak MAGA
Post by: star seed 7 on May 23, 2025, 01:32:21 PM
Post by: steve dave on May 23, 2025, 05:38:58 PM
I thought lowering the dollar is one of their expressed goals?
(https://assets2.cbsnewsstatic.com/hub/i/r/2010/11/18/b03176c8-a642-11e2-a3f0-029118418759/thumbnail/1240x932/6c1b6fe1b76b6d73172facd4375d2dac/image4061139x.jpg?v=48f078ae8a74a1412614b0db6f935e48)
Post by: IPA4Me on May 26, 2025, 02:14:21 PM
Dollar crashes
Equities rip
Oh wait. We're really mumped
Equities dip and bounce.
Bull trap. Capitulation.
Hello 2nd great depression.
Keep some chowder dry. Multi generational buying opportunities coming your way.
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Post by: steve dave on May 27, 2025, 07:08:18 PM
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Post by: Stupid Fitz on May 27, 2025, 07:25:40 PM
https://x.com/thestalwart/status/1927508180432797739?s=46
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So basically privatizing profits but with the good old socializing the losses gag?
Post by: BIG APPLE CAT on May 27, 2025, 08:48:25 PM
https://x.com/thestalwart/status/1927508180432797739?s=46
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So basically privatizing profits but with the good old socializing the losses gag?
It’s the American Dream
Post by: chum1 on May 28, 2025, 08:24:18 AM
Quote
Wall Street traders have developed a biting new acronym for a strategy that’s become surprisingly lucrative for President Donald Trump’s whiplash-inducing trade policy: TACO – “Trump Always Chickens Out.”
https://www.mediaite.com/media/news/taco-wall-street-mocks-trump-with-4-letter-code-to-call-bets-against-him/
Post by: sonofdaxjones on May 28, 2025, 08:28:16 AM
Then to start using phrases "chickens out" . . . it only points to the fact that the majority of our society has the attention span and intellectual capacity of toddlers (at best).
Edit: Also :lol: :lol: :lol: at using mediaite as your source . . . I mean :lol: :lol: :lol: :lol:
Post by: sonofdaxjones on May 28, 2025, 08:31:51 AM
Couple that with the fact that the majority if not all GDP 'growth' was fueled by Federal spending and job growth was a complete farce, much of it erased by an ongoing series of record setting or near record setting revisions to jobs numbers some months down the line.
Post by: waks on May 28, 2025, 09:26:31 AM
Imagine hearing repeatedly that tariffs could be a fluid situation and that tariffs could, with negotiations and trade deals be substantially reduced or eliminated altogether.:lol: :lol: :lol: at source pearl clutching
Then to start using phrases "chickens out" . . . it only points to the fact that the majority of our society has the attention span and intellectual capacity of toddlers (at best).
Edit: Also :lol: :lol: :lol: at using mediaite as your source . . . I mean :lol: :lol: :lol: :lol:
Post by: sonofdaxjones on May 28, 2025, 10:36:23 AM
Some things are not like other things.
Post by: catastrophe on May 28, 2025, 11:17:21 AM
Imagine hearing repeatedly that tariffs could be a fluid situation and that tariffs could, with negotiations and trade deals be substantially reduced or eliminated altogether.What did we get out of the recent tariff deal making flurry?
Then to start using phrases "chickens out" . . . it only points to the fact that the majority of our society has the attention span and intellectual capacity of toddlers (at best).
Edit: Also :lol: :lol: :lol: at using mediaite as your source . . . I mean :lol: :lol: :lol: :lol:
Post by: Dugout DickStone on May 28, 2025, 11:33:24 AM
Post by: michigancat on May 28, 2025, 11:50:52 AM
https://x.com/ReallyAmerican1/status/1927768620504948765
Post by: star seed 7 on May 28, 2025, 12:00:40 PM
Post by: wetwillie on May 28, 2025, 12:21:09 PM
Post by: star seed 7 on May 28, 2025, 12:46:58 PM
I don't think anyone has respected the president for a decade
I disagree
Post by: Dugout DickStone on May 28, 2025, 02:20:58 PM
It's wild that the president of the United States is one of the least respected people on earth
other thieves respect the hell out of him
Post by: Rage Against the McKee on May 28, 2025, 02:48:12 PM
Imagine hearing repeatedly that tariffs could be a fluid situation and that tariffs could, with negotiations and trade deals be substantially reduced or eliminated altogether.
Then to start using phrases "chickens out" . . . it only points to the fact that the majority of our society has the attention span and intellectual capacity of toddlers (at best).
Edit: Also :lol: :lol: :lol: at using mediaite as your source . . . I mean :lol: :lol: :lol: :lol:
I agree that it's probably better to not attack his ego like that. We really need him to continue chickening out.
Post by: CNS on May 28, 2025, 03:50:25 PM
lmao
https://x.com/ReallyAmerican1/status/1927768620504948765
He is never coherent, but that was something special.
Definitely where Dax gets his posting style.
Post by: bucket on May 28, 2025, 08:52:55 PM
Post by: IPA4Me on May 29, 2025, 05:38:41 AM
lmaoGod bless X.(https://uploads.tapatalk-cdn.com/20250529/2878133021a583728829efbf5c97f95a.jpg)
https://x.com/ReallyAmerican1/status/1927768620504948765
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Post by: BIG APPLE CAT on May 29, 2025, 10:56:54 AM
Post by: Sandstone Outcropping on June 05, 2025, 01:08:22 PM
https://x.com/atrupar/status/1930669431165763641
Post by: Stupid Fitz on June 05, 2025, 02:11:40 PM
Idiocracy stuff, folks:
https://x.com/atrupar/status/1930669431165763641
You guys!!! My banana factory is almost done!!!!!!!!!!
Post by: chum1 on June 05, 2025, 02:36:17 PM
Post by: steve dave on June 05, 2025, 02:43:31 PM
James Spearman is about to dunk on all of us so freaking hard.lmao
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