#47 economic policies

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  • cincybearcatcincybearcat Posts: 16,645
    mickeyrat said:
    mickeyrat said:
    At the start of his term by one year was somewhere in the neighborhood of Plus 18% as late as last week or the week before that it dropped to plus 11 point something.

    Year to date was in the neighborhood of + 8% at the start of his term





    Lost over $9k 2 consecutive days. 
    Lost over 2 years of tuition, room and boards over the course of 2 days. 
    hippiemom = goodness
  • GlowGirlGlowGirl New York, NY Posts: 11,584
    mickeyrat said:
    mickeyrat said:
    At the start of his term by one year was somewhere in the neighborhood of Plus 18% as late as last week or the week before that it dropped to plus 11 point something.

    Year to date was in the neighborhood of + 8% at the start of his term





    Lost over $9k 2 consecutive days. 
    Lost over 2 years of tuition, room and boards over the course of 2 days. 
    I took a huge hit as well. 
  • Lerxst1992Lerxst1992 Posts: 7,157
    edited April 5
    GlowGirl said:
    mickeyrat said:
    mickeyrat said:
    At the start of his term by one year was somewhere in the neighborhood of Plus 18% as late as last week or the week before that it dropped to plus 11 point something.

    Year to date was in the neighborhood of + 8% at the start of his term





    Lost over $9k 2 consecutive days. 
    Lost over 2 years of tuition, room and boards over the course of 2 days. 
    I took a huge hit as well. 
    Imagine planning to retire now on a 401k being a target of certain policies. The best way to ride this is having enough cash to weather the storm. Or a guaranteed job/income.

    it should get better once they announce their tax cuts for the wealthy. To win back power away from this disaster and stopping these terrible economic policies is having a party with a clear and focused message, who wants a better America without handpicking winners and losers. Otherwise we may never win back the key purple electoral votes needed. Ten of which are likely going to the Rs after the 2030 census, an enormous indictment against blue states.


     

  • PoncierPoncier Posts: 17,497
    mickeyrat said:
    mickeyrat said:
    At the start of his term by one year was somewhere in the neighborhood of Plus 18% as late as last week or the week before that it dropped to plus 11 point something.

    Year to date was in the neighborhood of + 8% at the start of his term





    Lost over $9k 2 consecutive days. 
    Lost over 2 years of tuition, room and boards over the course of 2 days. 
    Got three years for my son paid with an assist from the booming Biden economy and was on pace to be able to pay for senior year without jumping into bed with Sallie Mae until the bankrupter got back in office. JFC the man is so stupid.
    This weekend we rock Portland
  • Hawk123Hawk123 Posts: 2,342
    edited April 5
    Poncier said:
    mickeyrat said:
    mickeyrat said:
    At the start of his term by one year was somewhere in the neighborhood of Plus 18% as late as last week or the week before that it dropped to plus 11 point something.

    Year to date was in the neighborhood of + 8% at the start of his term





    Lost over $9k 2 consecutive days. 
    Lost over 2 years of tuition, room and boards over the course of 2 days. 
    Got three years for my son paid with an assist from the booming Biden economy and was on pace to be able to pay for senior year without jumping into bed with Sallie Mae until the bankrupter got back in office. JFC the man is so stupid.
    He could’ve taken so many easy W’s and looked like a hero. Inflation was already dropping, stock market was ripping, crypto was ripping. He just had to sit tight, be more precise in the government clean up, more targeted tariffs that can be justified. 
    Post edited by Hawk123 on
  • Tim SimmonsTim Simmons Posts: 8,730

  • Halifax2TheMaxHalifax2TheMax Posts: 40,596
    Stupid won.
    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;

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  • nicknyr15nicknyr15 Posts: 8,868
    Hawk123 said:
    Poncier said:
    mickeyrat said:
    mickeyrat said:
    At the start of his term by one year was somewhere in the neighborhood of Plus 18% as late as last week or the week before that it dropped to plus 11 point something.

    Year to date was in the neighborhood of + 8% at the start of his term





    Lost over $9k 2 consecutive days. 
    Lost over 2 years of tuition, room and boards over the course of 2 days. 
    Got three years for my son paid with an assist from the booming Biden economy and was on pace to be able to pay for senior year without jumping into bed with Sallie Mae until the bankrupter got back in office. JFC the man is so stupid.
    He could’ve taken so many easy W’s and looked like a hero. Inflation was already dropping, stock market was ripping, crypto was ripping. He just had to sit tight, be more precise in the government clean up, more targeted tariffs that can be justified. 
    It’s mind boggling. 
  • Lerxst1992Lerxst1992 Posts: 7,157
    Hawk123 said:
    Poncier said:
    mickeyrat said:
    mickeyrat said:
    At the start of his term by one year was somewhere in the neighborhood of Plus 18% as late as last week or the week before that it dropped to plus 11 point something.

    Year to date was in the neighborhood of + 8% at the start of his term





    Lost over $9k 2 consecutive days. 
    Lost over 2 years of tuition, room and boards over the course of 2 days. 
    Got three years for my son paid with an assist from the booming Biden economy and was on pace to be able to pay for senior year without jumping into bed with Sallie Mae until the bankrupter got back in office. JFC the man is so stupid.
    He could’ve taken so many easy W’s and looked like a hero. Inflation was already dropping, stock market was ripping, crypto was ripping. He just had to sit tight, be more precise in the government clean up, more targeted tariffs that can be justified. 

    All investors have been hurt significantly, I certainly know that, but the story isn’t over. There is a huge tax cut coming that I will disagree with. The R congress is not smart enough to develop the right cuts to offset the tariff harm. And They should have been much closer to getting those cuts passed before implementing these tariffs.

    i know it’s difficult to see, but there are advanced economic voices in the executive branch. Yes they were forced to go along with the tariffs, but the right tax cut….and deals with other countries.,, can spur investment and get us to 2028 in one peace. The most important question is will there be a strong enough challenger and party appealing to the electoral college?
  • Tim SimmonsTim Simmons Posts: 8,730
    [Montell Jordan voice] This is how we do it…


  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 42,974
    Dan Rather's explanation for the "why" of these tariffs makes a lot of sense to me.  It's a quick read and well worth the few minutes.

    I will add here another perspective on the economy that you almost never hear but that I think will eventually become very self-evident.  I will state that perspective here yet again:
    Most general  concepts of the economy are reliant on an economy of growth.  In a world populated by 8 billion plus people, the vast majority of whom want to live like we do in the first world/ developed nations (but who can blame them, I guess), on a planet with limited resources, an economy of growth is self-limiting. For example, look at Earth Overshoot Day, the predicted day on which humans of earth have surpassed biocapactiy, the capacity of ecosystems to regenerate what people demand from the planet.   For years now, the calculated earth overshoot day has occurred 4 to 6 months before the end of the year.  To simplify, if you start with a barrel containing 100 apples and you put 8 new apples in the barrel every year but consume 12 per year, you will eventually run out of apples.
    This is how the economy of growth works.  But who is paying attention?  Why do so few people talk about this?  Three answers:  greed, denial, and lack of education.  This cannot last.

    "Growth for the sake of growth is the ideology of the cancer cell."
    -Edward Abbey



    "It's a sad and beautiful world"
    -Roberto Benigni











  • Hawk123Hawk123 Posts: 2,342

    Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates


    Looking like the worst 3 day stretch since 1987. Crazy that this clown is worse than a global pandemic. 
  • darwinstheorydarwinstheory LaPorte, IN Posts: 6,817
    Hawk123 said:

    Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates


    Looking like the worst 3 day stretch since 1987. Crazy that this clown is worse than a global pandemic. 
    This week is going to suck. 
    "A smart monkey doesn't monkey around with another monkey's monkey" - Darwin's Theory
  • mickeyratmickeyrat Posts: 42,762

    _____________________________________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
  • tbergstbergs Posts: 10,159
    So it's going to be around 10% loss for a 3 day stretch? How long until we recover that, his entire term?
    It's a hopeless situation...
  • Hawk123Hawk123 Posts: 2,342
    tbergs said:
    So it's going to be around 10% loss for a 3 day stretch? How long until we recover that, his entire term?
    It’s been a couple 5-6% days already, we’re probably closer to 15% over 3 days. Most markets will open in a bear market which is 20% down from the highs.

    The reality is, most of this could be bounce back pretty quickly but I think he’s too stubborn to go back on his master plan. 
  • gotthebottlegotthebottle San Diego Posts: 3,046
    We are living in a nightmare. Lunatics running the asylum. 
    Each cabinet member worse than the last....
  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 42,974
    Here comes another week.
    "Ladies and gentlemen, we are expecting more turbulence.  Please stay seated and fasten you seat belts."


    "It's a sad and beautiful world"
    -Roberto Benigni











  • dignindignin Posts: 9,425
    Nobody really believed those jobs were coming back right?


    Trump official admits US workers won’t get jobs in new factories spurred by tariff strategy
  • Halifax2TheMaxHalifax2TheMax Posts: 40,596
    brianlux said:
    Here comes another week.
    "Ladies and gentlemen, we are expecting more turbulence.  Please stay seated and fasten you seat belts."


    More like "we're expecting to crash. Assume the position."
    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;

    Libtardaplorable©. And proud of it.

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  • brianluxbrianlux Moving through All Kinds of Terrain. Posts: 42,974
    dignin said:
    Nobody really believed those jobs were coming back right?


    Trump official admits US workers won’t get jobs in new factories spurred by tariff strategy
    Lately, I've thought a lot about the job situation.  With all these layoffs/firings, plus college students who have to drop out and go to work because they can't afford to stay in, plus a lot of people who may have to come out of retirement and go back to work because their retirement income is getting screwed royally, plus, like you say, robotics taking more jobs... what's that all going to look like in the near future?  Will it be like it was my my pop was a kid during the depression?  They had to scratch in the dirt and grow a few vegetable.  When he was still just a little kid, my pop and another kid would walk all over town and scrounge scrap metal and take it to the scrap yard and get a few pennies for it.  And then those two boys would go back to the scrapyard at night and crawled under the fence and make off with some of the scrap metal to take back later to sell again for a few cents.  I've been poor before (about five years living below the poverty line), but never that poor.  I can't imagine that.  But who knows?
    One thing for sure- I think the smart thing for most of us to do right now is learn how to be more frugal.  Tighten the belt, be a savvy shopper, and definitely learn the difference between "want" and need".
    Life is getting interesting.
    brianlux said:
    Here comes another week.
    "Ladies and gentlemen, we are expecting more turbulence.  Please stay seated and fasten you seat belts."


    More like "we're expecting to crash. Assume the position."

    Ahh yes, the classic "lean over, hold your ankles, and kiss you ass goodbye" position.  The problem is, that only works for people who are adept at extreme yoga positions!  
    "It's a sad and beautiful world"
    -Roberto Benigni











  • cincybearcatcincybearcat Posts: 16,645
    tbergs said:
    So it's going to be around 10% loss for a 3 day stretch? How long until we recover that, his entire term?
    After Friday I thought maybe 6 years....with more coming....I am very uncertain....and pissed off.
    hippiemom = goodness
  • josevolutionjosevolution Posts: 30,674
    When will people just say enough is enough? Is this administration doing this on purpose tanking the markets? Loosing one’s retirement doesn’t just affect Democrats or just Republicans when will the independents or the folks who stood on the sidelines start to fight back? Surely the senate and house republicans have to start worrying about loosing both come next year 
    jesus greets me looks just like me ....
  • nicknyr15nicknyr15 Posts: 8,868
    When will people just say enough is enough? Is this administration doing this on purpose tanking the markets? Loosing one’s retirement doesn’t just affect Democrats or just Republicans when will the independents or the folks who stood on the sidelines start to fight back? Surely the senate and house republicans have to start worrying about loosing both come next year 
    They won’t admit it but I’m pretty sure most of his voters are losing confidence , at least in his economics. The only ones who don’t care are ones who have nothing and aren’t feeling the hurt. I can’t see it any other way but wtf do I know. What a mess. 
  • cincybearcatcincybearcat Posts: 16,645
    nicknyr15 said:
    When will people just say enough is enough? Is this administration doing this on purpose tanking the markets? Loosing one’s retirement doesn’t just affect Democrats or just Republicans when will the independents or the folks who stood on the sidelines start to fight back? Surely the senate and house republicans have to start worrying about loosing both come next year 
    They won’t admit it but I’m pretty sure most of his voters are losing confidence , at least in his economics. The only ones who don’t care are ones who have nothing and aren’t feeling the hurt. I can’t see it any other way but wtf do I know. What a mess. 
    I'd be willing to bet a large portion of his base has no 401k, or it is so small it doesn't matter to them. 
    hippiemom = goodness
  • PoncierPoncier Posts: 17,497
    nicknyr15 said:
    When will people just say enough is enough? Is this administration doing this on purpose tanking the markets? Loosing one’s retirement doesn’t just affect Democrats or just Republicans when will the independents or the folks who stood on the sidelines start to fight back? Surely the senate and house republicans have to start worrying about loosing both come next year 
    They won’t admit it but I’m pretty sure most of his voters are losing confidence , at least in his economics. The only ones who don’t care are ones who have nothing and aren’t feeling the hurt. I can’t see it any other way but wtf do I know. What a mess. 
    Those who have nothing will feel the hurt when the cost of their "groceries" (it's an old-fashioned word most here have probably never heard of, it's like a bag with a lot of different thigs in it) and other every day essentials goes up by 20% or more. Which should be noticeable in a week or so.
    This weekend we rock Portland
  • darwinstheorydarwinstheory LaPorte, IN Posts: 6,817
    nicknyr15 said:
    When will people just say enough is enough? Is this administration doing this on purpose tanking the markets? Loosing one’s retirement doesn’t just affect Democrats or just Republicans when will the independents or the folks who stood on the sidelines start to fight back? Surely the senate and house republicans have to start worrying about loosing both come next year 
    They won’t admit it but I’m pretty sure most of his voters are losing confidence , at least in his economics. The only ones who don’t care are ones who have nothing and aren’t feeling the hurt. I can’t see it any other way but wtf do I know. What a mess. 
    nicknyr15 said:
    When will people just say enough is enough? Is this administration doing this on purpose tanking the markets? Loosing one’s retirement doesn’t just affect Democrats or just Republicans when will the independents or the folks who stood on the sidelines start to fight back? Surely the senate and house republicans have to start worrying about loosing both come next year 
    They won’t admit it but I’m pretty sure most of his voters are losing confidence , at least in his economics. The only ones who don’t care are ones who have nothing and aren’t feeling the hurt. I can’t see it any other way but wtf do I know. What a mess. 
    I'd be willing to bet a large portion of his base has no 401k, or it is so small it doesn't matter to them. 
    💯 with these last two posts. 
    "A smart monkey doesn't monkey around with another monkey's monkey" - Darwin's Theory
  • Gern BlanstenGern Blansten Mar-A-Lago Posts: 21,514
    edited April 7
    get ready for more winning....it's the GOLDEN AGE folks....GOLDEN!
    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
  • darwinstheorydarwinstheory LaPorte, IN Posts: 6,817
    You just have to trust what he's doing. He is the chosen one after all. All he wants is what is best for Americans everywhere. Everyday folks like you and him.
    "A smart monkey doesn't monkey around with another monkey's monkey" - Darwin's Theory
  • Gern BlanstenGern Blansten Mar-A-Lago Posts: 21,514
    I can't believe what I'm seeing from the magats. They really think this is all part of the plan.
    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
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