Not a thing. This was planned by him and his billionaire pals. The tariff delays were to give his “pals” time to shore up their investments…. Now these rich turds are waiting for everything to tank. Reinvest their money at much lower costs and make even more money. This was all intentional and didn’t need to happen.
I am unable to find any media or SEC reporting on the potential for Trump and his allies to have shorted the stock market knowing the impact the tariff announcement would have. They knew the time and the date, the likely outcome, and Trump never fails to enjoy a good grift.
"...the politics of stimulus can get complicated. Generally speaking, Republicans only go along with it grudgingly." ...or not at all.
Don't forget that before the 2020 election, the Republicans went along with Democrat initiated Covid relief/rescue programs... until late summer polls started showing Trump was going to lose that election - then they reversed their positions and voted against any assistance or support to struggling Americans.
Swing voter went for Trump because they believed that the thriving US economy was bad. Polls showed they weren’t basing that wrong impression on their personal experience because a solid majority of those voters tole pollsters that they were doing well financially. They got the impression that the economy was bad and that Biden was the cause of inflation from our media.
“Yes, the Media Lied About the Pre-Election Economy”
Dan Froomkin who analyzed the mainstream media’s campaign coverage debunked the claim that people are no longer influenced by mainstream media coverage:
Until the press trumpets corporate greed as a great theft from citizens, be sure it will continue in excess. It's the American Way. Not for nothing Romney called corporations, "citizens," as did the Citizens United decision from a (still) corrupt Supreme Court.
As if corporate gouging had no part in it. Of course it did. Read the linked article. And they're doing it again. Raising prices BEFORE tariffs took effect.
i thought it was pretty obvious i was saying corporate profits were the result of price gouging opportunity of supply chain shocks, some engineered.
as for raising prices before tarriffs, i think the whole point of capitalism is to try to make profits. thing is, if you want something bad enough you will pay the higher price. wether this is price gouging or higher inflation depends on circumstances.
but here is a thought: learn what you can do without. boycott may change some minds.
While I respect the perspective of economists, I don't think we're in a place where any expert can forecast what's coming next because Trump is completely nonsensical and gets advice from other nonsensical actors. He could just burn everything down for fun which would negate the need to come up with new tax cut ideas. He's insane.
“It was midnight on the sea, the band was playing ‘My God to Thee’ Fare thee well Titanic, fare thee well.
Bravo! Succinct, pointed, mince no words truth. Thank you.
Yes Paul, they will pass tax cuts for the rich and declare victory. As usual, they will make everything worse.
Not a thing. This was planned by him and his billionaire pals. The tariff delays were to give his “pals” time to shore up their investments…. Now these rich turds are waiting for everything to tank. Reinvest their money at much lower costs and make even more money. This was all intentional and didn’t need to happen.
I am unable to find any media or SEC reporting on the potential for Trump and his allies to have shorted the stock market knowing the impact the tariff announcement would have. They knew the time and the date, the likely outcome, and Trump never fails to enjoy a good grift.
Substack, at least some of it, seem to do a lot better job than the US media.
https://deanblundell.substack.com/p/is-trump-deliberately-tanking-the
https://www.narativ.org/p/trump-tariffs-are-full-of-fake-facts
https://www.thebulwark.com/p/trumps-crypto-scheme-a-layer-cake
"...the politics of stimulus can get complicated. Generally speaking, Republicans only go along with it grudgingly." ...or not at all.
Don't forget that before the 2020 election, the Republicans went along with Democrat initiated Covid relief/rescue programs... until late summer polls started showing Trump was going to lose that election - then they reversed their positions and voted against any assistance or support to struggling Americans.
https://www.progressivepolicy.org/the-gops-pivot-away-from-fiscal-relief-hurts-millions-of-americans/
Swing voter went for Trump because they believed that the thriving US economy was bad. Polls showed they weren’t basing that wrong impression on their personal experience because a solid majority of those voters tole pollsters that they were doing well financially. They got the impression that the economy was bad and that Biden was the cause of inflation from our media.
“Yes, the Media Lied About the Pre-Election Economy”
https://cepr.net/publications/media-lied-about-pre-election-economy/
Dan Froomkin who analyzed the mainstream media’s campaign coverage debunked the claim that people are no longer influenced by mainstream media coverage:
“I blame the media”
https://presswatchers.org/2024/11/i-blame-the-media/
Some Republicans will cheer on Trump's actions, because those are what they want.
https://www.notesfromthecircus.com/p/the-plot-against-america
https://www.unpopularfront.news/p/the-cross-and-the-flag
"...and yes, the inflation was overwhelmingly because of the supply chain shock, but facts don’t really matter."
This is not accurate. "Half of recent US inflation due to high corporate profits, report finds," headline in The Guardian, Jan. 19, 2024.
https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits
Until the press trumpets corporate greed as a great theft from citizens, be sure it will continue in excess. It's the American Way. Not for nothing Romney called corporations, "citizens," as did the Citizens United decision from a (still) corrupt Supreme Court.
melifluos
not "not accurate." supply chain shock was the engine of corporate profits.
As if corporate gouging had no part in it. Of course it did. Read the linked article. And they're doing it again. Raising prices BEFORE tariffs took effect.
mellifluous
i thought it was pretty obvious i was saying corporate profits were the result of price gouging opportunity of supply chain shocks, some engineered.
as for raising prices before tarriffs, i think the whole point of capitalism is to try to make profits. thing is, if you want something bad enough you will pay the higher price. wether this is price gouging or higher inflation depends on circumstances.
but here is a thought: learn what you can do without. boycott may change some minds.
A "detox period" usually involves a lot of crying and vomiting.
While I respect the perspective of economists, I don't think we're in a place where any expert can forecast what's coming next because Trump is completely nonsensical and gets advice from other nonsensical actors. He could just burn everything down for fun which would negate the need to come up with new tax cut ideas. He's insane.
Betteridge's Law of Headlines FTW
Thanks for more good news
This is the “Be Best” scenario so well written foreshadowing the “Be Worst” recession waiting in the wings.
Thank you
Been wondering about this, thank you. And thanks for the added hilarity🤣