Economic News

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Now that the new round of tariffs are in place, it will be interesting to see where the economy stands in October heading into the Christmas season.
Let's hope the children will not be getting coal in their stockings...
 
genevabuck said:
Perhaps some of the posters here with economics backgrounds could explain this to me. If the Trump economy really is booming, wouldn’t there be no need for a rates change?
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One of the major tenets of Trumponomics is to throw gas on whatever fire you can find so you get the most possible short-term benefit, regardless of the consequences for the future. Hence the major tax cuts in 2018 at a time when the last thing the economy needed was more short-term growth. Those cuts created a lot of great headlines for Trump in 2019 and very early 2020, but also exploded our deficits and made it harder to deal with the inflation caused by the Covid disruptions.
 
Trump was taking credit just two days ago for the strong GDP number. So everything was good. Now, he's blaming Jerome Powell, HIS appointee, for this mess.

So MAGA, can you please explain why we all should have confidence that Trump can fix this economic mess?
 
lawtig02 said:
One of the major tenets of Trumponomics is to throw gas on whatever fire you can find so you get the most possible short-term benefit, regardless of the consequences for the future. Hence the major tax cuts in 2018 at a time when the last thing the economy needed was more short-term growth. Those cuts created a lot of great headlines for Trump in 2019 and very early 2020, but also exploded our deficits and made it harder to deal with the inflation caused by the Covid disruptions.
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At least oil futures are now tanking. :ROFLMAO: Anticipating some stagflation...
 
I drove by a farm yesterday being worked by what appeared to be people that Herr Miller would throw out of the country. It was probably 95 degrees with no shade. None of these guys looked like they were leaning on a shovel or looking at their phones. They were working hard at excruciatingly hard work.

I thought, there is absolutely NO WAY that teens and pampered white MAGAs would do this work ... except maybe at the point of a gun. Even then, I'm not sure they'd do it as well as the guys I witnessed.
 
heelinhell said:
Now that the new round of tariffs are in place, it will be interesting to see where the economy stands in October heading into the Christmas season.
Let's hope the children will not be getting coal in their stockings...
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They sure as hell won't be getting multiple dolls if Trump has anything to do with it.
 
BlueSmoke said:
Trump was taking credit just two days ago for the strong GDP number. So everything was good. Now, he's blaming Jerome Powell, HIS appointee, for this mess.

So MAGA, can you please explain why we all should have confidence that Trump can fix this economic mess?
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We have 70 million dummies who can’t get enough of being gaslighted by this administration. Maybe getting hit in the pocketbook will change their tune. Idk.
 
I'm pulling for economic success. But I'm not sure a president has ever been dealt a better hand than the one Trump inherited in January. You'd have to be an absolute incompetent to fuck that up. A drunk wombat would been able to achieve 3%+ GDP growth from January 2025 through January 2029.

And yet, here we are.
 
Notable absence of an entire sector of the regular zzlp posting populous. I suppose they’re all spending time with their families and making bigly deals - or, they haven’t fully integrated the Fox News talking points, yet.
 
Healing said:
Notable absence of an entire sector of the regular zzlp posting populous. I suppose they’re all spending time with their families and making bigly deals - or, they haven’t fully integrated the Fox News talking points, yet.
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I'm not sure Fox News has been able to integrate the Fox News talking points yet.
 
Before the election Elon was saying there would be some pain involved with trumps economic policies. Trump’s own people were saying just months ago that there might be some short term pain before the golden age. I figured if trump’s own people say there’s going to be short term pain it might actually get really really bad.

Now they’ve been crowing for the last month about trump the deal maker and how we’re the hottest country and it’s the GOLDEN AGE and this is the best economy ever!!

If it heads south these mother fuckers own every bit of the turn. Don’t let any magats off the hook that try to gaslight and blame anything other than trump.
 
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