#47 economic policies

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  • mickeyrat
    mickeyrat Posts: 44,306

    Our trade deal so far is no tariffs on Rolls Royces and Bentleys and our refugee policy is white South Africans only.
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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Tim Simmons
    Tim Simmons Posts: 9,496
    The racist ones too!
  • hunterh75
    hunterh75 Posts: 121
    Anyone checked out the S&P and Dow this morning??  Booming! China coming around on trade agreement. Positive. DT working on lowering prescription drug prices. Positive.  'Ol fuckface having a good Monday 
  • Poncier
    Poncier Posts: 17,868
    hunterh75 said:
    Anyone checked out the S&P and Dow this morning??  Booming! China coming around on trade agreement. Positive. DT working on lowering prescription drug prices. Positive.  'Ol fuckface having a good Monday 

    Both still below where they were when he took office and his economic "policies" caused major drops.
    This weekend we rock Portland
  • benjs
    benjs Toronto, ON Posts: 9,359
    hunterh75 said:
    Anyone checked out the S&P and Dow this morning??  Booming! China coming around on trade agreement. Positive. DT working on lowering prescription drug prices. Positive.  'Ol fuckface having a good Monday 
    China coming around on trade agreement? Try not to forget what the tariffs between the States and China were before Trump - zero. Now, they anounce a pause while they 'continue to negotiate', and tariffs from one direction are 10%, and from the other are 30%. Meanwhile, Trump's administration can't even consistently say whether or not they had even started to negotiate with China, as of a week ago. 

    A President don't deserve credit for hurling poop at the wall and then cleaning up three-quarters of it, promising to do the rest later. And that smear will start to stink really bad if it isn't dealt with. 

    As for the lowering prescription drug prices, if this changes, won't these drug manufacturers lose a substantial chunk of their profit which would've formerly been reinvested into further R&D? Does this change the calculus in where these drugs are/should be developed, between the States and elsewhere in the world?
    '05 - TO, '06 - TO 1, '08 - NYC 1 & 2, '09 - TO, Chi 1 & 2, '10 - Buffalo, NYC 1 & 2, '11 - TO 1 & 2, Hamilton, '13 - Buffalo, Brooklyn 1 & 2, '15 - Global Citizen, '16 - TO 1 & 2, Chi 2

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  • Get_Right
    Get_Right Posts: 14,108
    edited May 12
    benjs said:
    hunterh75 said:
    Anyone checked out the S&P and Dow this morning??  Booming! China coming around on trade agreement. Positive. DT working on lowering prescription drug prices. Positive.  'Ol fuckface having a good Monday 
    China coming around on trade agreement? Try not to forget what the tariffs between the States and China were before Trump - zero. Now, they anounce a pause while they 'continue to negotiate', and tariffs from one direction are 10%, and from the other are 30%. Meanwhile, Trump's administration can't even consistently say whether or not they had even started to negotiate with China, as of a week ago. 

    A President don't deserve credit for hurling poop at the wall and then cleaning up three-quarters of it, promising to do the rest later. And that smear will start to stink really bad if it isn't dealt with. 

    As for the lowering prescription drug prices, if this changes, won't these drug manufacturers lose a substantial chunk of their profit which would've formerly been reinvested into further R&D? Does this change the calculus in where these drugs are/should be developed, between the States and elsewhere in the world?

    That is simply untrue. There were tariffs as high as 376% for certain food products from China. You just do not read about it in the newspaper because they are not levied on all products. Look up Section 301 tariffs. The US apparel and consumer goods industries have a very strong lobby and have mostly avoided high tariffs until this latest round. It is not an accident they are being significantly lowered.
  • Tim Simmons
    Tim Simmons Posts: 9,496

    hunterh75 said:
    Anyone checked out the S&P and Dow this morning??  Booming! China coming around on trade agreement. Positive. DT working on lowering prescription drug prices. Positive.  'Ol fuckface having a good Monday 

  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,144
    hunterh75 said:
    Anyone checked out the S&P and Dow this morning??  Booming! China coming around on trade agreement. Positive. DT working on lowering prescription drug prices. Positive.  'Ol fuckface having a good Monday 
    How do you square this with the days it tanked? It's still not back to where it was. 
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

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  • Tim Simmons
    Tim Simmons Posts: 9,496
    It’s not about squaring it. It never was. It’s only about end zone dancing regardless of being up or down in the score. 
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,144
    It's like this stupid ass plane. Boeing isn't moving fast enough for trump so he wants this "gift" from Qatar with all its gold decorations, etc.

    Imagine the cost of having to examine every square inch of this plane to clear it for listening devices and/or other security measures. What a fucking douche.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
  • mickeyrat
    mickeyrat Posts: 44,306
    really good

    Justin Wolfers: Trump's Centrally Planned Economy. Episode: https://www.thebulwark.com/p/justin-wolfers-trumps-centrally-planned . Media: https://api.substack.com/feed/podcast/163491107/f54a26fc946d95d486c288ea61c1ca3d.mp3?token=e78cefd6-3934-4f97-a8b1-c007ccd43ee0 . <p>China sounds downright Reaganesque and is acting like a more stable, attractive trading partner t... -- Sent from Podcast Republic.
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    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,306
    hmmm, sounds an awful lot like central planning and not free market capitalism,  which is what? say it with me now kids!!!!  COMMUNISM/SOCIALISM


    Trump tells Walmart to 'eat the tariffs' instead of raising prices - https://www.reuters.com/world/us/trump-tells-walmart-eat-tariffs-instead-raising-prices-2025-05-17/
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • josevolution
    josevolution Posts: 31,539
    Just in time for Tornado season 
    https://apple.news/Akzn4YEZfSy-4K18Z_rxIAg
    go ahead governor clean up your own state let’s see how that goes 
    jesus greets me looks just like me ....
  • HughFreakingDillon
    HughFreakingDillon Winnipeg Posts: 39,449
    A massive tax increase on the poorest: you maga dopes actually believed the con

    https://www.instagram.com/reel/DJw2yhrof2p/?igsh=azJrdHNuZTBjM3Nq
    Hugh Freaking Dillon is currently out of the office, returning sometime in the fall




  • mickeyrat
    mickeyrat Posts: 44,306
    Trump tariff push given new twist by court setback - https://www.reuters.com/business/us-ruling-that-trump-tariffs-are-unlawful-stirs-relief-uncertainty-2025-05-29/
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Tim Simmons
    Tim Simmons Posts: 9,496
    ah well, nevertheless
  • Get_Right
    Get_Right Posts: 14,108
    I have always taken the position that the new "Trump" tariffs were unlawful. I am surprised how quickly this decision came down and hope the same expedience happens in the appellate courts. Not going to help any small to medium US businesses in the short term.
  • mickeyrat
    mickeyrat Posts: 44,306
    Trump's tariff tally: $34 billion and counting, global companies say - https://www.reuters.com/business/trumps-tariff-tally-34-billion-counting-global-companies-say-2025-05-29/
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat
    mickeyrat Posts: 44,306
    US labor market showing cracks; corporate profits post largest drop since 2020 - https://www.reuters.com/world/us/us-weekly-jobless-claims-rise-more-than-expected-labor-market-eases-2025-05-29/
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Halifax2TheMax
    Halifax2TheMax Posts: 41,986
    mickeyrat said:
    US labor market showing cracks; corporate profits post largest drop since 2020 - https://www.reuters.com/world/us/us-weekly-jobless-claims-rise-more-than-expected-labor-market-eases-2025-05-29/
    So, so much winning?
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