The Trump Presidency 2.0

So, I am planning on retiring in one year and 10 months....this Tarif crap fucking up the economy is pissing me off....

FIX IT!
Well, you know- give it more than a day. Macroeconomics isn’t a turnkey solution- and it’s only a loss if you panic sell.

The stock market is a visual representation of the feelings of oligarchs. It’ll be fine. Or it won’t. But at least we are all having fun!!
 
Well, you know- give it more than a day. Macroeconomics isn’t a turnkey solution- and it’s only a loss if you panic sell.

The stock market is a visual representation of the feelings of oligarchs. It’ll be fine. Or it won’t. But at least we are all having fun!!
I understand the frustration. We are all feeling it. I spoke with a cashier at WalMart today and she just about broke down in tears during our conversation. Said she is trying so hard, working overtime to pay the bills. Well, eggs were 5.00 and gas was 3.50 before Trump, and its only been about two months, so I'm still hopeful it'll improve. But it's not going to happen yesterday.
 
Well, you know- give it more than a day. Macroeconomics isn’t a turnkey solution- and it’s only a loss if you panic sell.

The stock market is a visual representation of the feelings of oligarchs. It’ll be fine. Or it won’t. But at least we are all having fun!!
Everything is going to depend on the response by the other world leaders. If they cave, our economy will skyrocket. If they hold fast and we do too, it gets a lot more interesting...
 
Our government has shrugged it off and isn’t going to return fire. There’s a feeling that the 10% with be marked down in the short term due to our mutual defence commitments and our critical minerals. There’s a high probability of internal US prices increasing as everyone is aware of.
As for our other impacted products, we’ll sell elsewhere as they’re good quality.
 
We're retaliating, even though we're not on the list and the auto tariffs don't really count against our cars because they are already compliant with the current trade agreement. We're retaliating because the Liberal's need all the Boomers angry at Trump, for their votes. That is the only thing they are concerned about in polling.
 
I understand the frustration. We are all feeling it. I spoke with a cashier at WalMart today and she just about broke down in tears during our conversation. Said she is trying so hard, working overtime to pay the bills. Well, eggs were 5.00 and gas was 3.50 before Trump, and its only been about two months, so I'm still hopeful it'll improve. But it's not going to happen yesterday.
I paid 3.00 for a dozen eggs on Monday, $2.69/gallon today.
 
Well, you know- give it more than a day. Macroeconomics isn’t a turnkey solution- and it’s only a loss if you panic sell.

The stock market is a visual representation of the feelings of oligarchs. It’ll be fine. Or it won’t. But at least we are all having fun!!

lol, agree.....not touching anything, just a touch concerned.
 
I paid 3.00 for a dozen eggs on Monday, $2.69/gallon today.

Paid $20.00 for 5 dozen at Costco last Friday. Guess I'll pop a look at the grocery tomorrow and see if things have changed, but I'm gonna say y'all are seeing outlier prices. Maybe your market didn't have a bunch of hens killed by Jill.

Well, you know- give it more than a day. Macroeconomics isn’t a turnkey solution- and it’s only a loss if you panic sell.

The stock market is a visual representation of the feelings of oligarchs. It’ll be fine. Or it won’t. But at least we are all having fun!!

Maybe I should buy some more Amazon. I haven't touched my Schwab account in a long ass time. Just been on autopilot with fidelity funds.
 
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Paid $20.00 for 5 dozen at Costco last Friday. Guess I'll pop a look at the grocery tomorrow and see if things have changed, but I'm gonna say y'all are seeing outlier prices. Maybe your market didn't have a bunch of hens killed by Jill.



Maybe I should buy some more Amazon. I haven't touched my Schwab account in a long ass time. Just been on autopilot with fidelity funds.
Careful touching your Schwab; you'll get hairy palms, then go blind.
 
https://www.reuters.com/technology/...ing-distributing-pirated-software-2025-04-02/

I’m conflicted on this. On the one hand, if the person is talented with a computer, I’m happy they work for the Government and are doing the right things now. On the other hand, he’s never paid for his crimes and has decided to turn his life around for the good of society.
I knew a guy in college who had a similar experience to this.

He and a buddy of his got into hacking and decided to start poking around at the college their prep-school fed into. Turns out the amateurs found a backdoor and decided to change one of the digital signs on campus to say something pithy at like 2 in the morning as a joke.

Being amateurs, they didn't cover their tracks well enough and the next thing they knew, they got hauled into the provost's office and were given and ultimatum. Having just turned 18 the options were, 1) Work for us or 2) Law enforcement gets involved. Both picked option 1 lol.
 
Bah, this is pretty standard. A "hacker" breaks into a government or corporate network. The organization makes a big $ offer to the hacker to keep news of the breach silent and prevent their data from getting out. Then they hire the hacker for their cybersecurity department. Note that this doesn't apply to script kiddies, only the original hackers who are smart enough to tell the company "we got you" before anyone else. The entire cybersecurity industry was born in the 90's this way. I actually did something similar to my college back in the day leaving a text document on the admin's desktop with what I did, the steps to reproduce it, how to fix it and my contact info. He called me the next day to thank me.
 
I have to keep reminding myself that she and her Administration would be worse than he and his. I guess.
I’m beginning to question whether I still believe that.

TLDR:
Tariffs and questionable appointments aside, his habit of firing anyone who does not pass his ‘loyalty test’ is ridiculously unnerving.
If the media is purposely using scare tactics to make me question my vote, they are succeeding.
 
I understand tariffs at only a very basic level.

What I don't get is, if the net negatives of us doing it to other people are so bad, why do so many other countries do it to us? I mean, it HAS to work at some level, for so many countries to do it, right?
The position is that we are incentivizing them to do business with other countries rather than the US. We basically gave up some of our leverage to get the cash. In the short term other countries will see boosts to their economies while the US will see a downturn. It's good for the little guy to inflate their revenue, but bad for the big guy because it incentivizes the little guys to do business with each other rather than with the big guy.

I personally subscribe to the other point of view. Yes, there will be short term turmoil while the world adjusts to the massive, rapid changes. But in a year or so, we will be stronger than ever as foreign companies put their manufacturing in the US to avoid the tariffs, resulting in job growth for US citizens and a massive capital influx into the economy (which incidentally will drive prices back down through cost reduction).
 
I understand tariffs at only a very basic level.

What I don't get is, if the net negatives of us doing it to other people are so bad, why do so many other countries do it to us? I mean, it HAS to work at some level, for so many countries to do it, right?

Most tarrifs work best when implemented for specific industries. We tarrif Chinese EVs so that American automakers can compete. We see similar things across other countries for similar industries.

The reason these tarrifs are causing concern is because the numbers aren't based on these countries actually having tariffs, but trade deficits. This tweet breaks it down pretty well:

The concern is that by tarrifing allies and non-antagnostic countries for essentially no reason, we're going to weaken our position as the world's #1 importer, I.E. why the dollar is the reserve currency.

China, South Korea, and Japan already working on trade agreements in anticipation of these tarrifs isn't a good thing for us.
 
I understand tariffs at only a very basic level.

What I don't get is, if the net negatives of us doing it to other people are so bad, why do so many other countries do it to us? I mean, it HAS to work at some level, for so many countries to do it, right?

I dropped my truck off with the mechanic this morning and I was informed that Ford has responded to the 25% tariffs by offering their vehicles at employee pricing. Is that employee pricing going to change following the tariffs? It didn't read that way. I've been looking at picking up a new Landcruiser so I decided to see where Toyota was at with it; they're going to eat the cost of the tariffs.

I’m beginning to question whether I still believe that.

TLDR:
Tariffs and questionable appointments aside, his habit of firing anyone who does not pass his ‘loyalty test’ is ridiculously unnerving.
If the media is purposely using scare tactics to make me question my vote, they are succeeding.

If you read all of the hysteria, things are often caveated with "could" as a fear motivator. Trump's tariffs 'could' end the world. Trump's decision to not back Ukraine 'could' start WW5. Trump's decision to higher Hegseth 'could' set the US back 47 years in the defense sector. Could could could; it's all for clicks. Hold strong. The truth is, NOBODY knows, which is why things are so turbulent at the moment. Some of our allies have bigger issues than tariffs, like the UK banning 'ninja' swords to combat knife crime. Canada continues to ban guns and will in-turn send confiscated weapons to Ukraine.

We're pushing towards the next world war and I don't think it matters who is in charge at this point. I think the only thing that changes with who's in charge is how ready we are and the day it starts.
 
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