Author Topic: Mainstream Economics Thread (Read 116699 times)

Pete · « **Reply #2175 on:** August 21, 2025, 10:41:07 AM »

Could the future of MAGA actually end up being good stuff after Trump is gone?!?!?

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star seed 7 · « **Reply #2176 on:** August 21, 2025, 10:41:28 AM »

wetwillie · « **Reply #2177 on:** August 21, 2025, 11:13:59 AM »

Newsom in 2028 seems inevitable at this point

steve dave · « **Reply #2178 on:** August 21, 2025, 12:04:30 PM »

Quote from: Pete on August 21, 2025, 10:41:07 AM

Could the future of MAGA actually end up being good stuff after Trump is gone?!?!?

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And counter to that Newsom is essentially indistinguishable from Mitt Romney from a policy perspective.

Pete · « **Reply #2179 on:** August 21, 2025, 01:14:13 PM »

Quote from: steve dave on August 21, 2025, 12:04:30 PM

Quote from: Pete on August 21, 2025, 10:41:07 AM
Could the future of MAGA actually end up being good stuff after Trump is gone?!?!?

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And counter to that Newsom is essentially indistinguishable from Mitt Romney from a policy perspective.

Would take!

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LickNeckey · « **Reply #2180 on:** August 21, 2025, 01:27:47 PM »

Democrats are now Republicans and Republicans are insane

Stupid Fitz · « **Reply #2181 on:** August 21, 2025, 01:34:03 PM »

Quote from: LickNeckey on August 21, 2025, 01:27:47 PM

Democrats are now Republicans and Republicans are insane

Correct and the old Democrats or "liberals" don't vote.

wetwillie · « **Reply #2182 on:** August 21, 2025, 02:13:07 PM »

I don't see the Newsom as Romney comparison at all.

CNS · « **Reply #2183 on:** August 21, 2025, 04:03:12 PM »

Quote from: LickNeckey on August 21, 2025, 01:27:47 PM

Democrats are now Republicans and Republicans are insane

Fortunately or unfortunately, I don't think the Left has any choice but to move right in the next several elections. They have to capture some of the barely right voters.

Rage Against the McKee · « **Reply #2184 on:** August 21, 2025, 04:22:23 PM »

I think the direction the economy is heading gives them the ability to move left.

steve dave · « **Reply #2185 on:** August 21, 2025, 07:43:43 PM »

https://x.com/Mike_Pence/status/1958518204717773036

steve dave · « **Reply #2186 on:** August 21, 2025, 07:53:34 PM »

GOING WELL SIR!

https://x.com/EricM_Katz/status/1958644392799215882

Stupid Fitz · « **Reply #2187 on:** August 21, 2025, 08:03:36 PM »

We knew crap would be insane but even I didn’t have Mike rough ridin' Pence and MTG coming out as the most reasonable MAGA this soon. It’s going to be a long ass crazy ride friends.

Stupid Fitz · « **Reply #2188 on:** **Today** at 08:25:18 AM »

Trump: "They gave me $600 billion. And that’s a gift... That’s not a loan... There’s nothing to pay back. They gave us $600 billion that we can invest in anything we want.”

European Union:

Me: “He didn’t get a penny”

White House spox: ”Pointless nitpicking”

https://www.cnn.com/2025/08/22/politics/fact-check-trump-eu-us-gift

sonofdaxjones · « **Reply #2189 on:** **Today** at 08:33:11 AM »

Add to this the European commitment to align with US technologies and the purchase of US
defence equipment, and the EU clearly has joined the US camp.

https://media.rabobank.com/m/14fc6720d6208b89/original/global_daily_picking_sides.pdf

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CNS · « **Reply #2190 on:** **Today** at 08:47:10 AM »

Trump just did something amazing. He made Europe ally with the US.

sonofdaxjones · « **Reply #2191 on:** **Today** at 09:02:40 AM »

The economic and political landscape of Western Europe has remained static since the end of World War II . . . CNS

US based capital goods industries do not face significant competition from highly subsidized European competitors . . . CNS

Stupid Fitz · « **Reply #2192 on:** **Today** at 09:05:05 AM »

Quote from: CNS on Today at 08:47:10 AM

Trump just did something amazing. He made Europe ally with the US.

That's not even including the imaginary $600 billion dollars they gave him personally.

also, can you imagine MAGA reaction if Biden had said this?

sonofdaxjones · « **Reply #2193 on:** **Today** at 09:08:49 AM »

Joe Biden wasn't allowed to talk . . .

StupidFitz absolutely cannot stand how transparent this administration is . . . hates it with the power of 10,000 suns.

Pretty sad

star seed 7 · « **Reply #2194 on:** **Today** at 09:20:14 AM »

How much better would the country be if trump wasn't allowed to talk?

sonofdaxjones · « **Reply #2195 on:** **Today** at 09:27:30 AM »

Above viewpoint is from someone who is

that his political movement can't get its way on everything.

sonofdaxjones · « **Reply #2196 on:** **Today** at 09:50:33 AM »

Are we nearing another time when the Robert Reich's of the world start tweeting about how the market is not the real economy?

Stay tuned . . .

Are we headed for more rounds of #mockingbird with a Greenspanian "overwrought enthusiasm" theme?

LickNeckey · « **Reply #2197 on:** **Today** at 12:32:30 PM »

https://www.reuters.com/world/us/rise-us-jobless-claims-adds-signs-labor-market-softness-2025-08-21/

Dugout DickStone · « **Reply #2198 on:** **Today** at 12:48:03 PM »

Quote from: Stupid Fitz on Today at 08:25:18 AM

Trump: "They gave me $600 billion. And that’s a gift... That’s not a loan... There’s nothing to pay back. They gave us $600 billion that we can invest in anything we want.”

European Union:

Me: “He didn’t get a penny”

White House spox: ”Pointless nitpicking”

https://www.cnn.com/2025/08/22/politics/fact-check-trump-eu-us-gift

oof. gavin dominating him on social media is causing some real whoppers

sonofdaxjones · « **Reply #2199 on:** **Today** at 12:59:38 PM »

Lick - is the job market being "soft" a surprise?

Viewers of this blog will note that the (approximate) lowest point of continued claims under Pedo Pete was 1.349 million on 6/22/22, this occurred at the height of the Post Covid recovery (also be reminded that #blueanon states imposed the harshest and most draconian measures severely impacting jobs - so trying to flex on a recovery from a crisis greatly enhanced by #blueanon driven policy is just LOL'able).

By the end of Pedo Pete's (alleged) Presidency, continuous jobless claims were at 1.874 million with several cyles prior pushing nearly 1.9 million. Continued jobless have been at 1.8m plus since August '23 with only a couple of short lived seasonal blips taking it below 1.8m.