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Everything posted by Big Blitz
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Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
And? Is it our fault the EU for example puts what - a 20 percent VAT on all our good sold there - they can argue all they want that it’s a tax that’s applied to their domestic goods equally. But those aren’t the free trade rules we play by. Why are they collecting the same percentage on US produced goods - the VAT is designed to help their own domestic producers due to the rebates they get along the supply chain. Our imported goods - hit their consumers directly with their 20 percent VAT. Our sales tax by state is on average 3-5 percent? Now you’ve been doing a lot of math today. How much of a percentage increase is that on our finished good in the EU vs their finished goods in America? And that’s why Team Trump used that “insane” formula they did. I get it. And we all have to remember - there is no rule that can apply with what they’re doing because it’s 2025 and the global economy is not the same as 1935. This is all theory. I don’t think it’s a magic fix. I don’t think it’s going to lead to the ridiculous price increases the “experts” claim they will lead to either. The costs we would like to increase are American real wages. -
Who is our worst match up in the AFC as of now?
Big Blitz replied to Mikie2times's topic in The Stadium Wall
Baltimore and it isn’t close. Personally I think they’re the AFC favorite and I blame the Packers for passing on Starks. -
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Trump will clean out the swamp this time
Big Blitz replied to Unforgiven's topic in Politics, Polls, and Pundits
Start with its mouthpiece -
Trump’s glorious Golden Age of America is here
Big Blitz replied to Homelander's topic in Politics, Polls, and Pundits
Golden age. -
Trump’s glorious Golden Age of America is here
Big Blitz replied to Homelander's topic in Politics, Polls, and Pundits
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Actual Nazis, not imaginary ones.
Big Blitz replied to Unforgiven's topic in Politics, Polls, and Pundits
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Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
AI. But carry on. Now let’s AI the federal workforce -
Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
And now it’s rebounded bc of talks of trade DEALS. Not ending the tariffs. Deals. There is zero indication the tariffs are going anywhere. -
Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
Selling shirts! “I survived the Great Recession of April 2025!” -
Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
Im not making that argument. He is: But Douglas Irwin’s new book, Peddling Protectionism, has convinced me that Smoot-Hawley, though bad, was even less important than I had thought. https://www.cato.org/regulation/fall-2011/book-review-peddling-protectionism-smoot-hawley-great-depression I’m open - due to all the wrong people saying the exact same thing about Trump and tariffs - absolutely open to multiple perspectives on this especially the people behind Trump and Trump himself who’s been consistent on tariffs for 40 years. Why in the world give all the “group think” on tariffs and the political risks that come with that is Trump so adamant we need them? It’s fascinating. To immediately brush it off as insane - that’s insane to me. And btw, just like Smoot was in no way responsible for the depression and its impact debatable, do I think tariffs are some magic elixir. Lots of other things have to happen. -
Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
An increase from 30 percent to 50 percent almost led to secession in 1832. The increase in the 1922 was significant. Still a shock. No economic meltdown. I posted an article from my own research who’s a far more informed expert then the Frankish Reich or Big Blitz on an Internet forum. You can belittle the info and try and puncture all the holes you want in his argument. That if ALL tariffs (now there’s a percentage threshold you’ve created) are bad isn’t true. And doesn’t mean economic disaster. Especially if the vast amount of goods we need are elastic. And it’s 10 percent. Not 25%. Unless you’re the CCP and it’s 2 satellite states - Canada and Mexico. -
Were the others the illegals Biden imported: Much of the gain seemed to come from one state — New York, where claims more than doubled to 30,043, according to unadjusted data. The increase may have been due to spring recess in New York public schools, according to Sam Tombs, chief U.S. economist at Pantheon Macroeconomics. “Nonetheless, the deterioration in the timeliest hiring and firing indicators over the last couple weeks suggests that jobless claims will trend up over coming weeks,” Tombs said in a note. The District of Columbia, which had seen a sharp increase earlier this year amid President Donald Trump’s efforts to shrink the federal government payroll, saw a modest rise last week. The report comes amid several trouble signs for the economy, though the labor market has remained stable. Despite the rise in the claims, the longer-term trend remains intact. The four-week moving average climbed 5,500 to 226,000, largely in line with recent trends. Trends that have been ongoing since 2022
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Both. The answer is both can be true. And it the last 7 years - 8 if you want to include the Tyrod playoff team.
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Hahahahahahahahahahaha “Even now.” Lol. TDS bubble world thinks people souring on Trump. They have no clue. The American people know (except Boomers) exactly why we are where we are. They know what the Democrats are. They know what Trump wants to do and what he’s up against.
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Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
How’s business in Western New York? Anything on the horizon? Manufacturing doesn’t mean 1940 assembly lines. -
Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
I want the IRS abolished. The tax code reformed. Under 200K pay no taxes. Deregulate everything imaginable. Cut corporate taxes. Tax imports. Because we should be able to make what we need here. Not outsourced to the CCP. Which ultimately, should be the goal. Not be at the mercy of Communist China. -
Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
Remember the great crash that followed the 1922 Fordeny-McCumber tariff? Yea me neither….. …Consider tariff rates. Although the late Gottfried Haberler claimed in the 1970s that Smoot-Hawley had pushed tariffs to “skyscraper” heights, that is an exaggeration. It is hard to generalize about a bill that raised tariff rates on literally hundreds of separate items, but Irwin estimates that Smoot-Hawley raised the average tariff on imports subject to the tariff by 15–18 percent, an increase of about 6 percentage points. Irwin contrasts this increase with that caused by the Fordney-McCumber tariff bill of 1922, which raised the average tariff rate by a whopping 64 percent, or 13 percentage points. Of course, we had a boom in the 1920s, which is further evidence against the idea that tariff increases per se had much to do with economic decline. https://www.cato.org/regulation/fall-2011/book-review-peddling-protectionism-smoot-hawley-great-depression -
Recession is upon us - disastrous economic data
Big Blitz replied to Big Blitz's topic in Politics, Polls, and Pundits
I think you should look deeper into “U.S. protectionist policies.” Specifically - the Inflation Reduction Act