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Trump Continues To Trash The Economy Login/Join 
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posted
https://www.cnn.com/2025/04/16...ck-market/index.html More "winning" I guess Donald would claim. The only ones winning right now are the Trump insiders (friends, family, and ass kissers). https://www.usatoday.com/story...tariffs/83087826007/

If Trump doesn't start turning the economy around, his Presidency will be remembered as a corrupt Herbert Hoover, and MAGA will lose the Midterm Elections next year, if Trump accepts the result, doesn't delay the elections, or rally his thugs to attack the Capitol again and complete his insurrection/coup.

As much as I despise Trump, I hope he is successful. It would be nice to see my investments back to where they were when Biden left office, and Orange Man subsequently gutted it.

The dumbest thing Trump could do right now is try to fire Jerome Powell and install another of his amateur brown-nose's.
 
Posts: 14016 | Location: Texas | Registered: 10 May 2002Reply With Quote
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"The dumbest thing Trump could do." That was an easy call.

https://www.npr.org/2025/04/17...erve-economy-tariffs

And that will trash the economy even harder driving us towards a recession. Trump is such a dumb-ass.

My guess is Trump would expand Scott Bessent's duties or let him have the job...or...heaven forbid bring back his favorite ass-kisser, Larry Kudlow.

Interesting that Bessent was a partner at Soros Fund Management, openly gay, married to John Freeman, with two kids ; and net worth, half a billion dollars.

Sounds counterintuitive that Trump would have him hanging around what with Trump's disapproval of LGBTQ+ and rolling back protection for those people.
 
Posts: 14016 | Location: Texas | Registered: 10 May 2002Reply With Quote
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Demanding the Fed cut rates at a time when we face wrecklessly, deliberately created inflation shows that Orange Boy is truly delusional -- and very dangerous.


There is hope, even when your brain tells you there isn’t.
– John Green, author
 
Posts: 16878 | Location: Hurley, NM | Registered: 03 June 2000Reply With Quote
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Only three years and nine months to go.....



 
Posts: 17262 | Registered: 20 September 2012Reply With Quote
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quote:
Originally posted by Mike Mitchell:
Only three years and nine months to go.....


Twenty months until November 2026.


TomP

Our country, right or wrong. When right, to be kept right, when wrong to be put right.

Carl Schurz (1829 - 1906)
 
Posts: 15400 | Location: Moreno Valley CA USA | Registered: 20 November 2000Reply With Quote
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quote:
Originally posted by Mike Mitchell:
Only three years and nine months to go.....


Be a LOT less if Congress had balls.


Give me a home where the buffalo roam and I'll show you a house full of buffalo shit.
 
Posts: 2174 | Location: IOWA | Registered: 27 October 2018Reply With Quote
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As much as I hate to say this I agree with Trump on this point. "short term pain for long term gain" If trump continues the way he is going, then we are in for a lot of short term pain but in the long term at the next mid term there is going to be a come to Jesus moment with the Republican party. Every time we have had a real bad president the mid term elections went real bad for the party in office.
 
Posts: 691 | Location: SW Montana | Registered: 28 December 2000Reply With Quote
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Posts: 5495 | Location: South Island NZ | Registered: 21 July 2008Reply With Quote
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He needs a good barroom story for his own ego, a win that everybody predicts to be a loss, a win that proves his genius, like his mother told him. Something more than identifying a giraffe and drawing a clock.

He will continue to do things that don't make sense to the rest of us until he gets one of them to work.


TomP

Our country, right or wrong. When right, to be kept right, when wrong to be put right.

Carl Schurz (1829 - 1906)
 
Posts: 15400 | Location: Moreno Valley CA USA | Registered: 20 November 2000Reply With Quote
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My neighbor a true Maggot runs a trucking company. He just laid off 2/3 of his drivers.

Trumps biggest base is getting fucked the biggest.

The huge in your face Trump sign at the yard is no longer up.
 
Posts: 800 | Location: Texas | Registered: 08 January 2005Reply With Quote
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https://www.msn.com/en-us/mone...1d2abbba60c4a7&ei=53

What If China Wins the Trade War?
Story by Rogé Karma • 1h • 8 min read

If Donald Trump were trying to lose his trade war with China, it’s hard to see what he would be doing differently. The president’s gambit is likely to strengthen China’s geopolitical position, embolden Beijing militarily, and diminish both the United States’ global standing and its economy.

Earlier this month, Trump increased tariffs on all goods from China to 145 percent. China, in turn, responded with 125 percent tariffs on American goods, plus more targeted measures. This is a classic trade war: two countries engaged in a tit-for-tat escalation of trade barriers, each with the goal of forcing the other country to back down and, at least in theory, agree to certain concessions.

The Trump administration believes that it has the upper hand in this fight. “We export one-fifth to them of what they export to us,” Treasury Secretary Scott Bessent recently remarked, “so that is a losing hand for them.” That view has things backwards. The fact that the American economy is hooked on Chinese goods is a massive weakness for the U.S., not an advantage. For many categories of goods, China is not only America’s top supplier but also the world’s dominant supplier, meaning that the U.S. can’t simply get them from other countries. According to data gathered by Jason Miller, a professor at Michigan State University who specializes in supply-chain management, China produces more than 70 percent of the world’s lithium-ion batteries, air conditioners, and cookware; more than 80 percent of the world’s smartphones, kitchen appliances, and toys; and about 90 percent of the world’s solar panels and processed rare earth minerals, the latter of which are crucial inputs to cars, phones, and several key military technologies.

Pivoting to producing these goods at home would take years, if not decades: It would involve forming new companies, building new factories, creating supply chains from scratch, and training fleets of workers. For it to happen at all, companies would have to be confident that the tariffs would be in place for the long term. China, meanwhile, is only heavily dependent on the U.S. for a small fraction of its imports, and most of those items, such as soybeans and sorghum, can be imported from elsewhere.

Chinese businesses will be hurt by losing access to the American market, but that is an easier problem to solve. China can redirect some of its exports to countries in Europe and East Asia, whose citizens also need phones, toys, and toasters. Beijing could also give money to its own citizens to create more demand for its products at home and provide subsidies to its businesses to help them remain solvent. This asymmetry gives China what the economist Adam Posen calls “escalation dominance”: the ability to inflict disproportionate harm on its economic enemy.

(more)


*************
“Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984
https://www.google.com/search?...sclient=gws-wiz-serp

Degenerate 1:1
1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it".

Degenerate 1:2
2 Then Trump said, "Vengeance is mine, I will repay on your behalf."

Degenerate 1:3
3 "My Kingdom come, My will be done."

"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr.

“When the rich rob the poor, it's called business ... When the poor fight back, it's called violence.” - Mark Twain

"Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus


 
Posts: 24017 | Location: Rural | Registered: 17 February 2017Reply With Quote
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quote:
Originally posted by 300shooter:
My neighbor a true Maggot runs a trucking company. He just laid off 2/3 of his drivers.

Trumps biggest base is getting fucked the biggest.

The huge in your face Trump sign at the yard is no longer up.



Biden's fault, right? The rest of his crew should be looking elsewhere, as he's going to go under. The "trump won, fuck your feelings" crowd is out there everywhere begging for relief & empathy.
 
Posts: 16770 | Location: Iowa | Registered: 10 April 2007Reply With Quote
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