#47 economic policies

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  • mickeyrat
    mickeyrat Posts: 45,348

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  • Zod
    Zod Posts: 10,970
    mickeyrat said:

    A Federal Reserve bank is now projecting that the US economy will shrink by 2.8% during the first quarter of 2025.

    This is a major decline from when President Biden left office, when the economy was projected to grow by 3%.

    How to torpedo an economy in 40 days?
  • Halifax2TheMax
    Halifax2TheMax Posts: 43,301
    Zod said:
    mickeyrat said:

    A Federal Reserve bank is now projecting that the US economy will shrink by 2.8% during the first quarter of 2025.

    This is a major decline from when President Biden left office, when the economy was projected to grow by 3%.

    How to torpedo an economy in 40 days?
    Almost a 6 point swing. Happy days are here again! So much winning!
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;

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  • mickeyrat
    mickeyrat Posts: 45,348
    Trump has announced that he will be using taxpayer money to create a “Crypto Reserve” that buys BTC, ETH, SOL, XRP, and ADA.

    Trump's “crypto czar” David Sacks is coincidentally a major investor in these 5 coins.
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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: 45,348

    Premier of Ontario, Doug Ford, issues a straightforward threat to the USA:

    “I talked to the governor of Kentucky, he said don’t touch our bourbon.

    I’m coming after everything.

    We keep the lights on for 1.5 million homes. If he wants to destroy our economy and our families, I’ll shut them off.

    I’m telling you, we will do it”.
    _____________________________________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: 45,348

    WSJ:  dumbest move ever. "We’ve courted Mr. Trump’s ire by calling the Mexico and Canada levies the “dumbest” in history, and we may have understated the point. Mr. Trump is whacking friends, not adversaries. His taxes will hit every cross-border transaction, and the North American vehicle market is so interconnected that some cars cross a border as many as eight times as they’re assembled.
    _____________________________________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: 43,301
    When all the shit finally hits the fan, it’s going to make the banking crises and housing market collapse look like child’s play. And then happy days will really be here again!
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;

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  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,812
    Up with the super rich!  Down with everyone else!
    Way to go, 'merica!
    "It's a sad and beautiful world"
    -Roberto Benigni

  • tempo_n_groove
    tempo_n_groove Posts: 41,976
    mickeyrat said:

    WSJ:  dumbest move ever. "We’ve courted Mr. Trump’s ire by calling the Mexico and Canada levies the “dumbest” in history, and we may have understated the point. Mr. Trump is whacking friends, not adversaries. His taxes will hit every cross-border transaction, and the North American vehicle market is so interconnected that some cars cross a border as many as eight times as they’re assembled.
    So I talked to a guy in our office about the tarifs.  He is all for them.  He claims that it will bring jobs back to the USA.  Not sure how that will happen in 4 years?  A plant starting from new will take most likely 4 years to build.  Its a good idea in theory but not sure the American people want to suffer for 4 years to make it happen.

    During Trumps first term he did mention why doesn't America make these things and why we rely on other countries?  He had a point, not sure this is the way to go about it though.

    If a car being made goes across the border 8 times to be built i'll say that's wasting steps and inefficient though.
  • tempo_n_groove
    tempo_n_groove Posts: 41,976
    Halifax2TheMax said:
    When all the shit finally hits the fan, it’s going to make the banking crises and housing market collapse look like child’s play. And then happy days will really be here again!
    I disagree.  I believe that cash will be king and people and corporations strapped with it will buy up even more properties.

    Rich get richer in the long run again.
  • The Juggler
    The Juggler Posts: 49,599
    tempo_n_groove said:
    mickeyrat said:

    WSJ:  dumbest move ever. "We’ve courted Mr. Trump’s ire by calling the Mexico and Canada levies the “dumbest” in history, and we may have understated the point. Mr. Trump is whacking friends, not adversaries. His taxes will hit every cross-border transaction, and the North American vehicle market is so interconnected that some cars cross a border as many as eight times as they’re assembled.
    So I talked to a guy in our office about the tarifs.  He is all for them.  He claims that it will bring jobs back to the USA. 
    Did that guy also believe the cost of eggs would go down on day one? 
    www.myspace.com
  • mickeyrat
    mickeyrat Posts: 45,348
    my 401k, down 1500 today...
    _____________________________________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: 45,348

    Commerce Secretary Lutnick attempts to dodge questions about how Trump's tariffs will increase a U.S.-manufactured SUV by $8,000, seemingly forgetting that Trump originally signed the USMCA which opened trade with Canada and Mexico.

    These are not serious people.
    _____________________________________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
  • tempo_n_groove
    tempo_n_groove Posts: 41,976
    The Juggler said:
    tempo_n_groove said:
    mickeyrat said:

    WSJ:  dumbest move ever. "We’ve courted Mr. Trump’s ire by calling the Mexico and Canada levies the “dumbest” in history, and we may have understated the point. Mr. Trump is whacking friends, not adversaries. His taxes will hit every cross-border transaction, and the North American vehicle market is so interconnected that some cars cross a border as many as eight times as they’re assembled.
    So I talked to a guy in our office about the tarifs.  He is all for them.  He claims that it will bring jobs back to the USA. 
    Did that guy also believe the cost of eggs would go down on day one? 
    Not sure but he def thinks the firings are good and claims to have a friend that works for the DEP and creates false scenarios to get work..  I told him that they should be in prison if it's true.
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,856
    tempo_n_groove said:
    mickeyrat said:

    WSJ:  dumbest move ever. "We’ve courted Mr. Trump’s ire by calling the Mexico and Canada levies the “dumbest” in history, and we may have understated the point. Mr. Trump is whacking friends, not adversaries. His taxes will hit every cross-border transaction, and the North American vehicle market is so interconnected that some cars cross a border as many as eight times as they’re assembled.
    So I talked to a guy in our office about the tarifs.  He is all for them.  He claims that it will bring jobs back to the USA.  Not sure how that will happen in 4 years?  A plant starting from new will take most likely 4 years to build.  Its a good idea in theory but not sure the American people want to suffer for 4 years to make it happen.

    During Trumps first term he did mention why doesn't America make these things and why we rely on other countries?  He had a point, not sure this is the way to go about it though.

    If a car being made goes across the border 8 times to be built i'll say that's wasting steps and inefficient though.
    It's just funny to me to hear trump talk about how great tariffs are but he's doing everything he can to reverse what he's done.

    He's doing everything he can to get some concession from Canada and Mexico to support his victory.
    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
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,856
    lol...trump already gave a one month exemption on autos

    what a fuckface
    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
  • The Juggler
    The Juggler Posts: 49,599
    This jobs report tomorrow should be pretty interesting...
    www.myspace.com
  • The Juggler
    The Juggler Posts: 49,599
    Gern Blansten said:
    lol...trump already gave a one month exemption on autos

    what a fuckface

    www.myspace.com
  • mickeyrat
    mickeyrat Posts: 45,348
    seeing my year to date drop to 1.87%

    and my one year had dropped from around 18% to 11%

    sooo much winning.
    _____________________________________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
  • Hawk123
    Hawk123 Posts: 2,373
    mickeyrat said:
    seeing my year to date drop to 1.87%

    and my one year had dropped from around 18% to 11%

    sooo much winning.
    Heading towards another shitty day, this clown is running the country like one of his bankrupt businesses. 

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