It's Obvious Now - He Wants a Recession

[Wacka]

I'll repeat, my 503b is up 13% YTD.

[SectionC3]

On 4/1/2025 at 10:27 AM, All_Pro_Bills said:

 I agree. So where does that leave us as a nation? We consume more than we produce incurring big trade deficits year after year. Our businesses are not cost competitive as other nations have cheaper labor and business costs aided by things such as weaker environmental and work safety rules. One conclusion is eventually there needs to be an adjustment in our overall standard of living. A downward adjustment to re-balance the economic and business realities of global trade..

What's included in that calculation?  Intellectual services (e.g., Web services, engineering, etc.)?  I don't think it is.  Assuming it's not, the deficit number isn't as bad as one thinks, and the idea of upending the economy so we can make disposable razors and ball point pens here again is just friggin stupid.  

1 hour ago, Wacka said:

I'll repeat, my 503b is up 13% YTD.

Are you outpacing foreign markets?

[All_Pro_Bills]

13 hours ago, SectionC3 said:

What's included in that calculation?  Intellectual services (e.g., Web services, engineering, etc.)?  I don't think it is.  Assuming it's not, the deficit number isn't as bad as one thinks, and the idea of upending the economy so we can make disposable razors and ball point pens here again is just friggin stupid. 

You should talk to the people producing the trade deficit numbers about changing their criteria because as it stands we're running big deficits. 

 

What's your estimate of intellectual services, or definition of it, the US exports? And shouldn't that be offset by the 1,000's of US companies using outsourcing services like tech from India and call centers from the Carribean and Asia?

 

What I've seen to date is reshoring high value manufacturing not low cost items. 

[JDHillFan]

Great thread title! If it was obvious that the bad orange person wants a recession and didn’t get one (yet) is that considered a failure? Seems like that would be the case. 
 

 

[SectionC3]

1 hour ago, All_Pro_Bills said:

You should talk to the people producing the trade deficit numbers about changing their criteria because as it stands we're running big deficits. 

 

What's your estimate of intellectual services, or definition of it, the US exports? And shouldn't that be offset by the 1,000's of US companies using outsourcing services like tech from India and call centers from the Carribean and Asia?

 

What I've seen to date is reshoring high value manufacturing not low cost items. 

That's a good thing if it's true.  The problem is that there isn't much reshoring going on (I appreciate it's early in this initiative).  And, to my further understanding, the trade deficit is actually growing.  (Although I question whether any economic data from this administration is accurate.)  Meanwhile, these idiotic tariffs are a significant tax increase on American consumers, and those costs are really going to start to hit as companies stop absorbing some of those costs.  

[Wolfgang]

3 minutes ago, SectionC3 said:

That's a good thing if it's true.  The problem is that there isn't much reshoring going on (I appreciate it's early in this initiative).  And, to my further understanding, the trade deficit is actually growing.  (Although I question whether any economic data from this administration is accurate.)  Meanwhile, these idiotic tariffs are a significant tax increase on American consumers, and those costs are really going to start to hit as companies stop absorbing some of those costs.  

 

 

 

You seem short on cash...

 

If you need help, just say so...

 

I don't want to see you lose your home...

[BillsFanNC]

Meh. This thread isn't even in Finding's top five lunatic takes.