The Misbegotten Policies of the Second Trump Administration

Discussion in 'Politics' started by gwb-trading, Nov 9, 2024.

  1. gwb-trading

    gwb-trading

    Pootie Poots gives us a preview of the U.S. economy after the orange Menace arrests millions of farm workers and imposes 60% import duties.

    Russian food prices are soaring — but no one dares blame Putin and the war
    https://www.cnbc.com/2024/11/25/russias-inflation-is-so-bad-that-people-are-stealing-butter.html
    • Russian food inflation remains rampant, with butter prices rising 30% since December last year. Sunflower oil and vegetables are among the other items seeing ongoing price rises.
    • Russia’s central bank last month hiked interest rates to 21% — their highest level in more than 20 years — but the high rates have shown few signs of dampening inflation so far.
    • Russian President Vladimir Putin has denied that Russia has exchanged “butter for guns,” as the country’s leadership has deflected blame for price rises onto “unfriendly” countries.
    (More at above url)
     
    #41     Nov 25, 2024
  2. ElCubano

    ElCubano

    revenue might not be much after the initial as demand for Chinese goods may plummet. Protection of domestic industry like what for instance? Give us an example if you can? Most of our gdp is in services etc. finance shit like that. Thanks ipatient
     
    #42     Nov 25, 2024
  3. gwb-trading

    gwb-trading

    So who's gonna build those homes... The Trumpy Builders in Texas shortly will learn about the Find Out part.

    Trump's deportation vow alarms Texas construction industry
    NPR - https://tinyurl.com/2phdrhjf
     
    #43     Nov 25, 2024

  4. After trump puts 40-60% tariffs on shirts, toys, plastic wares and such items AMericans will suddenly realize...wait we do not make that crap here in the U.S. or whoever does charges 3x more for it....

    I keep screaming it but magas forget.....America is a consumer country and they put their selfish purchasing needs first....
     
    #44     Nov 25, 2024
  5. gwb-trading

    gwb-trading

    And they will find out that no one in America manufacturers the items consumers want. And if American companies start manufacturing the items they will cost 60% to 180% more than they have been paying.
     
    #45     Nov 25, 2024
  6. Mercor

    Mercor

    Yes, Elon Musk has said that he doesn't worry about the end of the EV tax credit, and believes it would actually help Tesla:
    • Tesla would benefit:Musk has said that removing the tax credit would only help Tesla by increasing competition.
    • Not a concern:Musk has said that he's not worried about the end of the tax credit.
    • Legacy automakers:Musk believes the tax credit helps legacy automakers compete with Tesla in the EV market
     
    #46     Nov 25, 2024
  7. I enjoy witnessing a defeated person acquiesce and submit to the victor.
     
    #47     Nov 25, 2024
  8. Racist much!?
     
    #48     Nov 25, 2024
  9. Tsing Tao

    Tsing Tao

    In other news, home construction quality will skyrocket.
     
    #49     Nov 26, 2024
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    #50     Nov 26, 2024