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One of Us |
Trumptard rational at its finest. I did not and am not putting all my eggs in one basket, that does not mean that Trump's shitty policies have not cost me tens of thousands of dollars, more last week when he raised tariffs. I bought this inventory before tariffs were announced. Patriot my ass, piece of shit is more like what that orange turd is. | |||
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One of Us |
I doubt there has ever been a president where everyone came out ahead, despite what they claim. Obo hurt farms here. His policies cost me well over a hundred thousand. Not in lost revenue, but straight out cost my bank account. It put many small and less diverse farms out of business. You have to suck it up and wait for the next administration, when a whole new set of issues arise. | |||
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One of Us |
Agreed, that does not make Trump's shitty policies any better though Tony. The man and his policies suck balls. | |||
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One of Us![]() |
Life is good. The cockroaches are getting smoked out of deep-state. Economy is strong. What is not to like. Steve, Back in April you were whining about the stock market. Now it is higher than before Trump. You are just the epitome of TDS. Hopefully bird season will get here soon enough for you to relax. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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One of Us |
That son of a bitch cost me thousands this week Lane. I am closing a business I spent 20 years building and that was very profitable just a few months ago. That is the reality under Trump. Thankfully I live a debt free life, still sucks seeing something you spent years building destroyed over shitty policy. TDS your ass Lane, this is my business and that orange asshole's policies have cost me dearly, I could have paid for a buff trophy fee with what that POS cost me this week alone. | |||
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one of us![]() |
Tariffs are like pissing your pants in subzero temperatures. It feels nice to start with, warm and cozy. Then it gets freezing cold... and you have pissed your pants. This is exactly what happens. Initial good figures, then economy starts losing steam. Write hard and clear about what hurts -E. Hemingway | |||
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One of Us![]() |
I made money under Clinton, I made money under Bush, I made money under 0bama, and I made money under Biden. Our (horse industry) economy has hit the all time high in 2025. If you had business that collapsed in this strong economy…it was a poor business model…simply a fact. I am sorry for you however and I hope things get better for you. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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One of Us |
All the cursing and finger pointing in the world didnt change my scenario, nor will it yours steve. As I said, suck it up and wait for the next administration. | |||
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One of Us |
Right Tony....still shitty policy though. | |||
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One of Us |
![]() Things are fine, other than a huge loss of income due to Trump's policies. I used the good years under Biden to put myself in a position where my overhead is so low that I could sleep for a living and still get by, I'll be fine, but nowhere near as well off as I was doing before the orange turd came along. | |||
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One of Us |
never forget the huge deficit ... somehow someday someone will have to pay the bills lol | |||
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One of Us |
It's a bifurcated economy like it always is. Things are good for some folks and in some places, but not for shit for other folks or other in other places. I'm dependent mostly on the success of my stock choices. Give me a home where the buffalo roam and I'll show you a house full of buffalo shit. | |||
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One of Us |
So said the farms that had to sell cattle and machinery. Some had to sell land if they couldnt get enough rent to pay taxes. Those farmers all had to go get outside jobs. That is shitty policy. Not being able to go on a buff hunt is just disappointing. | |||
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One of Us |
I can still go on a buff hunt if I like, but I'm careful with my money and I hate seeing it go to stupid shit, especially stupid shit like a large tax increase. In the past, most "conservatives" would have agreed that that tax increases are a bad idea and trade is a good thing, not today, Trump says different so everyone fall in line. The only reason I'm not hurting from this far worse than I am is that I owe nothing in this world, monthly utilities, property tax and insurance, that's it. I can and will go hunting, might have to put off the next safari and new truck but I have a new bird dog and will be spending plenty of time on the high plains this fall. Tony, just because there was shitty policy under Obama(and there was, some of it directed at the gun trade), does not make Trump's shitty policy any more palatable. As a friend of mine likes to say regarding politics, which side of the shit sandwich would you prefer? Right or left? | |||
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one of us |
A voice of wisdom. Trump's majority will be gone in eighteen months. He will follow in another twenty-four. We can hold our collective breath that long... TomP Our country, right or wrong. When right, to be kept right, when wrong to be put right. Carl Schurz (1829 - 1906) | |||
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One of Us |
The damage he's done in 6 months is bad enough. Another 18? Come on, cholesterol, We're rooting for you. | |||
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One of Us |
The "market" is starting to shit the bed again. Give me a home where the buffalo roam and I'll show you a house full of buffalo shit. | |||
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One of Us![]() |
. . . some folks apparently predict the weather for the entire country by looking out their window. For a slightly more objective take on the economy . . . Trump Economy Not Doing So Well After All Turns out the Trump economy is not doing so well after all Story by Eric Levitz The US economy is bending — but not yet breaking — beneath the weight of President Donald Trump’s nationalist agenda. That is the story told by an avalanche of economic data released last week. According to those new figures, employers are pulling back on hiring to a dramatic (and unexpected) degree, economic growth is slowing, and consumer prices are rising. And there are strong indications that Trump’s trade and immigration policies are driving all of these trends. While last week’s data provides little sign of an imminent recession or inflationary crisis, protectionism is still imposing a heavy toll on US households and businesses. And if hiring continues to slow — while firms’ input costs persistently rise — there is some risk that economic growth could stall out completely. Unfortunately, Trump chose to compound that risk on Thursday by doubling down on his radical trade restrictions, imposing tariffs of between 10 percent and 50 percent on the imports of all foreign countries. Here is a quick overview of America’s darkening economic picture. American employers are pulling back on hiring America’s labor market is much weaker than previously thought, a Bureau of Labor Statistics (BLS) report revealed on Friday. US employers added 73,000 jobs in July, far fewer than the 104,000 that economists expected. More alarmingly, the report suggested that job growth was markedly weaker in May and June than the government had previously believed. The BLS always revises its estimates of monthly employment gains, once more data becomes available. Usually, these updates do not fundamentally change the labor market outlook. This time, they did. The government initially thought that employers had added 144,000 jobs in May and 147,000 in June; it now believes that they added just 19,000 during the first month and 14,000 during the second. (Trump responded to this unwelcome information by declaring it fraudulent and firing the head of the BLS.) This updated data suggests that Trump’s tariffs (and tariff threats) have had a detrimental impact on hiring. After he unveiled his plans for sweeping universal tariffs on April 1, employment in America’s manufacturing and “trade and transport” industries abruptly declined: [Manufacturing graph of employees hired] [All employees, trade, transportation, and utilities] Trump’s supporters may find it surprising that the enactment of broad tariffs would coincide with a reduction in manufacturing employment. After all, Trump has often described his trade policies as a strategy for creating factory jobs. But the recent contraction in manufacturing employment makes perfect sense: Trump engineered a large increase in US producers’ costs by making foreign-made metal, lumber, semiconductors, and myriad other industrial materials more expensive. This makes it harder for US manufacturers to expand hiring or gain global market share, as they are now less cost-competitive than rivals in countries without large tariffs. As trade-sensitive sectors have shed workers, employment growth has become almost entirely dependent on the health care sector, which has accounted for nearly all of the economy’s new jobs added in the past three months. Economic growth is losing steam (and becoming more and more dependent on the AI boom) The latest data on US economic growth tells a similarly disquieting story. America’s gross domestic product officially grew at a 3 percent annual rate in the second quarter, after decreasing by 0.5 percent in the first quarter. But both of those figures are misleading. This is because Trump’s trade policies have greatly exacerbated well-known flaws in the government’s approach to calculating GDP. The reasons for this are a bit complex, but the upshot is that the government likely underestimated growth in the first quarter and overestimated it in the second, due to massive, tariff-induced swings in US imports. Thus, to get a clear picture of the economy’s growth rate, it’s best to look at GDP trends over the first two quarters combined. And over the first half of this year, America’s gross domestic product expanded at a 1.2 percent annualized clip — a much slower pace than both its growth rate in 2024 (2.8 percent) and forecasters’ expectations for 2025 GDP growth when Trump was elected last November (2.1 percent). As with employment gains, America’s GDP growth is highly imbalanced: An explosion in AI infrastructure spending is playing an outsize part in sustaining our economic expansion. Over the past six months, the artificial intelligence buildout has contributed more to American economic growth than all of consumer spending, according to the Wall Street Journal’s Christopher Mims. Should anything cause America’s tech companies to pull back on data center construction, the US economy could quickly sputter. Trump’s trade and immigration policies likely explain the bulk of this slowdown in growth. Through ramped-up internal enforcement and restrictions on legal immigration, Trump has succeeded in shrinking America’s foreign-born labor force while deterring the arrival of new migrants. Largely as a result of his policies, America has shed 1.7 million immigrant workers since March. Earlier this month, the Federal Reserve of Dallas estimated that Trump’s immigration policies will lower annual GDP growth by about 0.8 percentage points. Meanwhile, Trump’s tariffs are almost certainly dampening both consumer spending (by generating high prices that deter shoppers) and business investment (by raising input costs and uncertainty). As of last Wednesday, Yale’s Budget Lab estimated that Trump’s tariffs would lower real GDP growth annually by 0.5 percentage points. Trump’s most recent batch of duties will almost certainly lower growth even further. Prices are rebounding Typically, when economic growth slows, inflation tends to cool. After all, lower consumer spending and business investment translates into reduced demand for goods and services. And when the demand declines, sellers are often forced to cut prices. Yet inflation in the US today is actually accelerating, even as growth slackens. Consumer prices in June were 2.6 percent higher than they had been one year earlier, according to Commerce Department data released last week. Food and energy prices tend to shift volatilely, so economists often focus on “core” inflation, which excludes both categories. And core prices in June were 2.8 percent higher than 12 months earlier. Both of these rates were higher than they had been in May. And the underlying data strongly indicates that Trump’s tariffs are largely responsible for inflation’s resurgence. Over the past three months, the prices of non-housing services (such as air travel or car insurance) grew at a 1.85 percent annualized rate. That’s an encouraging data point, as services had been the major driver of inflation last year. But a sharp rise in goods prices counteracted that disinflation, with core goods prices climbing at a 3.7 percent annualized clip in the second quarter. And price growth has been concentrated in trade-sensitive goods, such as home furnishings and electronics. In short, the data suggests that America plausibly would have enjoyed a return to the Fed’s 2 percent target inflation rate this year, had Trump not manufactured a surge in the cost of imported goods. The risk of a recession is rising America’s economy still shows some signs of life. The unemployment rate remains at 4.2 percent, a relatively low level by historic standards. And after falling by 0.3 percent in May, inflation-adjusted consumer spending ticked up by 0.1 percent in June. Meanwhile, aggregate weekly payrolls — the sum of all wages paid to private-sector workers in a given week — was 5.3 percent higher in July than one year earlier. This represents an improvement relative to June, when total weekly wages were up just 4.5 percent on the year. US consumers still boast significant spending power. The AI arms race doesn’t appear to be ending anytime soon. And Trump’s recent package of tax cuts — while detrimental to growth in the long term — could boost demand in the short run. Perhaps for these reasons, betting markets currently give the US economy an 85 percent chance of avoiding a recession by year’s end. Nevertheless, America’s economic outlook is much gloomier than it was one week ago. Trump’s trade policies have already nudged the US toward stagflation, a simultaneous rise in inflation and stagnation of growth. And most of Trump’s tariffs have yet to actually take effect. Many sectors are already responding to rising import costs by shedding payroll. If that trend continues, and unemployment rises, consumer spending will likely dip. Faced with less demand, more employers will need to lay off staff, which would further erode spending. A recessionary spiral could ensue. The Federal Reserve may try to preempt that dynamic by cutting interest rates in September. But if Trump’s tariffs continue to lift consumer prices, the central bank could find itself at an impasse: The Fed normally raises interest rates when prices are too high, and cuts them when job growth is too slow. If both those conditions prevail at once, the Fed will find itself with no good options. Regardless, this much is clear: Americans are already less prosperous and economically secure than we would have been, had Trump not curtailed our nation’s access to foreign-made goods and immigrant workers. Mike | |||
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One of Us![]() |
Every state is affected differently and businesses as well Covid restrictions were bad for business and some states were so restrictive they literally ruined lots of service businesses so we can blame some of these things on governors as well Let me also ask a question, if tariffs are so bad, why most countries have tariffs so much higher then ours? Why is massive immigration so good when in fact lowers living wage across the board? Never been lost, just confused here and there for month or two | |||
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One of Us![]() |
That tells us all we need to know about your understanding of tariffs. Do some countries have higher taxes than the US? Should the US increase its taxes to compete? . . . you are the archetypical MAGAt. Mike | |||
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