Wolfgang Posted July 23 Posted July 23 1 hour ago, The Frankish Reich said: So what did I say that's wrong? "ideologically crippled" = analytically solid? Exhibit A... Your misuse of the = sign... 1
TH3 Posted July 25 Posted July 25 7 hours ago, B-Man said: More success. “Australia on Thursday said it would loosen biosecurity rules for U.S. beef, something analysts predicted would not significantly increase U.S. shipments because Australia is a major beef producer and exporter whose prices are much lower.” use you brain…it’s there somewhere 1
Roundybout Posted July 25 Posted July 25 8 hours ago, B-Man said: More success. This is selling snow to Canada.
B-Man Posted July 29 Posted July 29 The trade war that wasn’t Huh. Who knew? From CNBC, Even with high tariffs, Trump’s trade war suddenly is starting to look not so scary on Wall Street. “Suddenly.” Economists cite a strong global growth backdrop, a less-than-expected inflationary impact of the tariffs and a general easing in financial conditions as reasons for why the landscape looks less dire. “Economists” have been wrong every inch of the way so far, so guess we should take their word for it, now. Meanwhile, Yahoo reports US stocks eked out records Monday in relatively muted trading session as the US and European Union struck a trade pact…The S&P 500 rose just above the flatline to post a sixth consecutive day of record closes. https://www.powerlineblog.com/archives/2025/07/the-trade-war-that-wasnt.php 1
B-Man Posted July 30 Posted July 30 I was wrong about Trump’s tariffs. His economy is purring along Opinion By David Mastio July 30, 2025 In April, I wrote that I saw a recession on the way because “Trump has assembled the worst collection of ill-considered economic plans of any president since Richard Nixon birthed stagflation in the 1970s.” I still think a recession is a big risk in the months to come, but the news Wednesday is not what I expected. As The Wall Street Journal reported, the U.S. economy grew at 3% in the second quarter. That’s a solid performance achieved even in the headwinds of U.S. companies drawing down their inventories to avoid high tariffs. There are three reasons that Trumponomics is delivering growth in the short term and might even be able to pull it off in the longer term. Trump’s chaotic approach to trade deals, announcing brutal tariff rates and then fudging deadlines and backing away before sometimes coming to a deal both countries can live with has, weirdly, become predictable. Policy chaos can be as damaging to the economy as bad policies, but I did not forsee the way markets have been able to adapt. Trump is coming through with some big deal agreements that are leveling the playing field in ways that his proponents predicted, but that I only had faint hopes he would achieve. This week’s deal for 15% tariffs on Europe and no European retaliation is a big deal. A week ago, Trump announced a similar agreement with Japan, another key ally and big trading partner Trump got his One Big Beautiful Bill through Congress, and it has three big features that are good for growth. Two are long term and one is short term and could later blow up on us. In the long term, making Trump’s low income tax rates permanent takes uncertainty out of the economy and replaces it with strong incentives for growth. Another feature of the bill’s tax rules is a generous change to deductions for companies that make things in America and sell a lot overseas. That could bolster investment in the United States in ways that build on Trump’s trade deals. https://www.kansascity.com/opinion/opn-columns-blogs/david-mastio/article311518771.html 1 1
SCBills Posted July 31 Posted July 31 I don’t have a huge opinion either way on tariffs. It sounds like a lot of economists that were against this are begrudgingly giving Trump respect now. That said.. I see a lot of conservative accounts celebrating these trade deals. So what happens? Where does all this money Trump is bringing in go? Do we lower taxes further? Pay down debt? More job creation? Not asking condescendingly, honestly want to know what the end game is. We do know certain products will go up due to some of these tariffs.. so we incentivize buying American and building American or consumers eat price hikes. I think a lot of this sounds good. It does seem like Trump has a lot of momentum economically currently. So how do we, the America citizens, benefit from all of this. What are celebrating aside from Team Red big dubs and, conversely, Team Blue debasing themselves by hating all this when it’s quite literally a Democrat policy.
Taro T Posted July 31 Posted July 31 14 minutes ago, SCBills said: I don’t have a huge opinion either way on tariffs. It sounds like a lot of economists that were against this are begrudgingly giving Trump respect now. That said.. I see a lot of conservative accounts celebrating these trade deals. So what happens? Where does all this money Trump is bringing in go? Do we lower taxes further? Pay down debt? More job creation? Not asking condescendingly, honestly want to know what the end game is. We do know certain products will go up due to some of these tariffs.. so we incentivize buying American and building American or consumers eat price hikes. I think a lot of this sounds good. It does seem like Trump has a lot of momentum economically currently. So how do we, the America citizens, benefit from all of this. What are celebrating aside from Team Red big dubs and, conversely, Team Blue debasing themselves by hating all this when it’s quite literally a Democrat policy. Would prefer the monies raised from the tariffs go towards deficit reduction and if they were to ever get to a point where the budget is balanced (which we'll never get to and never actually did, not even when 42 had a "surplus" (that was due to SS receipts exceeding expenses, but those were already supposed to be allocated to be used exclusively for future SS expenses)) then reduce / eliminate personal income taxes. Realistically, they'll be used to primarily increase spending and modestly reduce the deficit. 2 1
CoudyBills Posted July 31 Posted July 31 10 minutes ago, Taro T said: Would prefer the monies raised from the tariffs go towards deficit reduction and if they were to ever get to a point where the budget is balanced (which we'll never get to and never actually did, not even when 42 had a "surplus" (that was due to SS receipts exceeding expenses, but those were already supposed to be allocated to be used exclusively for future SS expenses)) then reduce / eliminate personal income taxes. Realistically, they'll be used to primarily increase spending and modestly reduce the deficit. Unfortunately, I think you are correct 1
The Frankish Reich Posted July 31 Author Posted July 31 4 hours ago, SCBills said: when it’s quite literally a Democrat policy Not since the 1980s. Kind of a long time ago, right?
Big Blitz Posted July 31 Posted July 31 I don’t care what India does with Russia. They can take their dead economies down together, for all I care. We have done very little business with India, their Tariffs are too high, among the highest in the World. Likewise, Russia and the USA do almost no business together. Let’s keep it that way, and tell Medvedev, the failed former President of Russia, who thinks he’s still President, to watch his words. He’s entering very dangerous territory! 1
AlBUNDY4TDS Posted July 31 Posted July 31 1 hour ago, Thurmal34 said: $130 billion dollars paid for by American rubes Look how brave you are. You go girl! 3
Niagara Bill Posted July 31 Posted July 31 Trade negotiations between Canada and US. Deadline August 1 JULY 30, trump says Canada who wants to recognize Palestinian state( effort to push Israel into cease fire that Trump is unable to do) in Sept if Palestine has elections without Hamas can not get a deal because of this...so let's see. England said same thing, France said the same thing. And let's see, the rules change again on lumber..and copper, Trump needs distraction from Epstein, needs to fight to add to distractions by the phoney deals with Japan and EU. There will not be a deal..Canada will not bow like the EU. Canada will not allow trump to say things like 600billion investment by the EU in the US...a total fictitious claim. Trumps 51st state direction continues...he never planned to have a real trade deal 1 1
JDHillFan Posted July 31 Posted July 31 4 minutes ago, Niagara Bill said: Trade negotiations between Canada and US. Deadline August 1 JULY 30, trump says Canada who wants to recognize Palestinian state( effort to push Israel into cease fire that Trump is unable to do) in Sept if Palestine has elections without Hamas can not get a deal because of this...so let's see. England said same thing, France said the same thing. And let's see, the rules change again on lumber..and copper, Trump needs distraction from Epstein, needs to fight to add to distractions by the phoney deals with Japan and EU. There will not be a deal..Canada will not bow like the EU. Canada will not allow trump to say things like 600billion investment by the EU in the US...a total fictitious claim. Trumps 51st state direction continues...he never planned to have a real trade deal Crazy that he’s pushing for elections in Gaza and planning to cancel them in America. You can’t make this stuff up!! 2
Niagara Bill Posted July 31 Posted July 31 10 minutes ago, JDHillFan said: Crazy that he’s pushing for elections in Gaza and planning to cancel them in America. You can’t make this stuff up!! And why does the EU need a deal when he could have just said 15% tariffs across the board and all this bs would not be necessary... Trump just wants 15% for the federal government coffers, so why the phoney negotiations.
JDHillFan Posted July 31 Posted July 31 30 minutes ago, Niagara Bill said: And why does the EU need a deal when he could have just said 15% tariffs across the board and all this bs would not be necessary... Trump just wants 15% for the federal government coffers, so why the phoney negotiations. Virtually everyone out there sees the EU deal as a win for America. As an American I’m pretty happy with that. Let’s see how it plays out. So far the people predicting economic doom and gloom have been wrong every step of the way. Maybe they’ll get one right before long. do you think Democrats should even bother spending money on campaigning for 2026? Seems like a waste if the elections are going to be canceled don’t you think?
Recommended Posts