Mainstream Economics Thread

[sonofdaxjones]

The receipts are endless (in fairness - from both sides of the Congressional uniparty)

https://twitter.com/mazemoore/status/1907836058005295612?s=46&t=-jwPwnR3rKHM9sk9hA7h8g


Sent from my iPhone using Tapatalk

[mocat]

In his defense he's got a month left to get to 100 days

[LickNeckey]

maybe in the next 30 days someone will ask chat gpt how to unfuck the economy?

[michigancat]

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). 

In other news the Yield curve is down .62% saving truck loads of money on our debt payments.


Sent from my iPhone using Tapatalk

You love tariffs almost as much as you don't understand VATs

[steve dave]

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). 

In other news the Yield curve is down .62% saving truck loads of money on our debt payments.


Sent from my iPhone using Tapatalk

You love tariffs almost as much as you don't understand VATs

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".

[steve dave]

https://x.com/jdcmedlock/status/1907996868833063349

[star seed 7]

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.

[LickNeckey]

I think that he got embarrassed about the whole "reciprocal tariff" talking point getting blown up so tried to cover with a misunderstanding of VAT

[waks]

Really wish someone would have told me to not waste my time reading the last five pages of posts in this thread. Holy crap. 

[Sandstone Outcropping]

[sonofdaxjones]

Really wish someone would have told me to not waste my time reading the last five pages of posts in this thread. Holy crap. 

What a loser

LMAO


Sent from my iPhone using Tapatalk

[Sandstone Outcropping]

"I love to call it Economic Vandalism. Vandalism. A lot of people don't know what vandalism is but it is such a beautiful word...."

https://x.com/atrupar/status/1908136988177289641

[sonofdaxjones]

Reminder to viewers of the blog. I understand VATS. The issue here is. #blueanongE clearly can’t distinguish between taxes that are applied at every step of the supply chain, and in the case of certain EU countries the rate runs as high as 4x the average US sales tax rate.

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


Sent from my iPhone using Tapatalk

[waks]

Really wish someone would have told me to not waste my time reading the last five pages of posts in this thread. Holy crap. 

What a loser

LMAO


Sent from my iPhone using Tapatalk

self-awareness...work on it

[sonofdaxjones]

Another reminder to viewers of this blog - if a #blueanongE’r says they are a free marketer, they are lying straight out of their ass

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


Sent from my iPhone using Tapatalk

[star seed 7]

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.

[steve dave]

https://x.com/michaelbatnick/status/1908143884707750082?s=46


Sent from my iPhone using Tapatalk

[steve dave]

lmao

https://x.com/annmarie/status/1908149906709135671?s=46


Sent from my iPhone using Tapatalk

[steve dave]

https://x.com/buccocapital/status/1907957675662389637?s=46

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

Sent from my iPhone using Tapatalk

[Sandstone Outcropping]

https://x.com/buccocapital/status/1907957675662389637?s=46

https://x.com/quendergeer/status/1907873192053772502?s=46

https://x.com/copernicus2013/status/1907926470913307086?s=46

https://x.com/litcapital/status/1907813630227173534?s=46

Sent from my iPhone using Tapatalk

Idiocracy.

[sonofdaxjones]

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.

[BIG APPLE CAT]

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.

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.

[sonofdaxjones]

Jobs up, manufacturing orders up, and yeild curve down - saving us billions on interest on our colossal debt.

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.

[Sandstone Outcropping]

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.

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.

The only reasoning I've seen is support of this is:
"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.

[Stupid Fitz]

"I could stand in the middle of 5th avenue........."