LIBERATION DAY: China retaliates

[Strike 5,108]

This is a good argument for Trump's Tariffs:

https://twitter.com/bungarsargon/status/1907585936256352590

[MDC 7,025]

12 minutes ago, The Psychic Observer said:

Trump specifically said he will lower prices on day 1.  That never happened.

Everyone knew Trump wouldn’t lower prices Day 1. I don’t recall him ever saying his policies might make prices go up while campaigning.

@Strike says anyone who listened to his platform knew there’d be some short term pain. I’m ready to be proven wrong.

 

[Strike 5,108]

It's funny listening to all the people who did NOT vote for Trump complaining that he's doing exactly what he said he would do.  It's also funny that they act like they actually listened to him during his campaign.

[The Psychic Observer 342]

9 minutes ago, MDC said:

Everyone knew Trump wouldn’t lower prices Day 1. I don’t recall him ever saying his policies might make prices go up while campaigning.

@Strike says anyone who listened to his platform knew there’d be some short term pain. I’m ready to be proven wrong.

 

I too do not believe there were any or many trump voters that voted for him expecting a recession but maybe I'm wrong.

[Grace Under Pressure 47]

10 hours ago, seafoam1 said:

With your other liberal fear mongers who are financially unstable to the point that you all can't help but cry on an anonymous posting website. 

As for me. I'm enjoying this and know that America is better for what is going on. 

You go cry about egg prices, and I'll sit back and watch you cry and enjoy it because I know you are not worth your fat weight in salt to this country. 

Only the dumbest and most gullible traitors think this way.

What an embarrassment to your family and your country. 

[The Psychic Observer 342]

5 minutes ago, Strike said:

It's funny listening to all the people who did NOT vote for Trump complaining that he's doing exactly what he said he would do.  It's also funny that they act like they actually listened to him during his campaign.

I listened to Trump and didn't vote for him specifically based on what he said he was going to do.  Now that's he's done it I'm a bit vindicated.

As a trump voter are you also claiming vindication in that we're headed into a recession and this is what you voted for?

[The Real timschochet 6,161]

1 minute ago, Strike said:

It's funny listening to all the people who did NOT vote for Trump complaining that he's doing exactly what he said he would do.  It's also funny that they act like they actually listened to him during his campaign.

Agreed. Trump has kept his word on the tariffs. I feared he would. It was my number one economic reason to not vote for him. 
 

But I still maintain that YOU misunderstand him. You continue to seem  to believe that the tariffs are a means to an end (to get other nations to lower their tariffs against us.) That’s wrong; the tariffs are the end. Trump honestly believes they will return us to the manufacturing giant we were 100 years ago. He thinks he can revive it. 

[The Real timschochet 6,161]

The new argument is suddenly “short term pain for long term gain.” But most economists are clear: there is no long term gain here. Basically we’re looking at pain until we get rid of the tariffs: When we get rid of the tariffs we will be in a worse situation than when we started. How much worse depends on how long we wait to get rid of them. An accurate description is “short term pain for long term pain.” 

[seafoam1 2,751]

5 minutes ago, Grace Under Pressure said:

Only the dumbest and most gullible traitors think this way.

What an embarrassment to your family and your country. 

Ok pimpledoosh. Carry on with your whining and fear mongering. It provides me some good entertainment. 

[seafoam1 2,751]

1 minute ago, The Real timschochet said:

The new argument is suddenly “short term pain for long term gain.” But most economists are clear: there is no long term gain here. Basically we’re looking at pain until we get rid of the tariffs: When we get rid of the tariffs we will be in a worse situation than when we started. How much worse depends on how long we wait to get rid of them. An accurate description is “short term pain for long term pain.” 

 Timmy still losing his mind. This is awesome. 

[Sean Mooney 1,904]

41 minutes ago, The Psychic Observer said:

Trump specifically said he will lower prices on day 1.  That never happened.

Notably too- yesterday he mocked that idea in his speech where he said "People complained to me about the price of groceries- that's a great old word, groceries- at the beginning and I said 'I've only been here a day'"

[squistion 1,876]

This man is clueless about US history and the actual impact of tariffs (as are many in this thread).

https://x.com/AdamJSchwarz/status/1907532233121964386 (video clip at link)

Trump claims the Great Depression "would never have happened" if the US continued tariffs.

Not only did the US continue tariffs, it actually increased them, which worsened and prolonged the US and global depression.

The Smoot-Hawley Act 1930 significantly reduced global trade.

 

[CaptainObvious1 278]

1 minute ago, squistion said:

This man is clueless about US history and the actual impact of tariffs (as are many in this thread).

https://x.com/AdamJSchwarz/status/1907532233121964386 (video clip at link)

Trump claims the Great Depression "would never have happened" if the US continued tariffs.

Not only did the US continue tariffs, it actually increased them, which worsened and prolonged the US and global depression.

The Smoot-Hawley Act 1930 significantly reduced global trade.

 

Oh noes

[SaintsInDome2006 286]

Basically last November picked up a hammer and decided it would be best if it just started regularly whacking itself in the head with it.

[MDC 7,025]

20 minutes ago, Strike said:

It's funny listening to all the people who did NOT vote for Trump complaining that he's doing exactly what he said he would do.  It's also funny that they act like they actually listened to him during his campaign.

It’s funny watching you claim Trump said tariffs would raise prices when he was campaigning.  

[SaintsInDome2006 286]

7 minutes ago, Sean Mooney said:

Notably too- yesterday he mocked that idea in his speech where he said "People complained to me about the price of groceries- that's a great old word, groceries- at the beginning and I said 'I've only been here a day'"

“An old fashioned term that we use -- groceries. I used it on the campaign. It's such an old fashioned term, but a beautiful term. Groceries. It says a bag with different things in it."

- Actual President.

[Hardcore troubadour 14,794]

Who knew fighting Wall Street and corporations to give Americans decent jobs would be met with so much whining from the left? You guys should go ahead and vandalize a Tesla. It might help.  Sorry your 401k is going down. Should have got out. Thats on you. 

[SaintsInDome2006 286]

23 minutes ago, The Real timschochet said:

Agreed. Trump has kept his word on the tariffs. I feared he would. It was my number one economic reason to not vote for him. 
 

But I still maintain that YOU misunderstand him. You continue to seem  to believe that the tariffs are a means to an end (to get other nations to lower their tariffs against us.) That’s wrong; the tariffs are the end. Trump honestly believes they will return us to the manufacturing giant we were 100 years ago. He thinks he can revive it. 

Personally I don’t think he believes that. IMO one goal of the tariffs is the declaration of emergency powers. Another is that foreign leaders, US governors & US corporate execs will have to come to him personally for exceptions & carve outs.

And coming from Louisiana I can tell you that the idea of shifting revenue burdens via sales taxes & ad valorum taxes such as here & all but removing the burden from the wealthiest is old hat here. It’s the Louisiana-fication of America. 

[Mike Honcho 5,009]

2 hours ago, Kopy said:

How does every day just keep getting better and better.

Damn life's good.

It's cause you're a gangsta. 

[SaintsInDome2006 286]

1 minute ago, Hardcore troubadour said:

Who knew fighting Wall Street and corporations to give Americans decent jobs would be met with so much whining from the left? You guys should go ahead and vandalize a Tesla. It might help.  Sorry your 401k is going down. Should have got out. Thats on you. 

I think once I realized the point of maga was causing pain to others & diminishing American power almost all my cognitive dissonance in these conversations disappeared.

[HotRod 65]

I love the smell of liberal tears in the morning 

[Sean Mooney 1,904]

I wonder what- if anything- will finally break the ball washers here from the spell Trump has them under. He is like the Pied Piper leading MAGA Mook retards into whatever thought he wants them to have

[Hardcore troubadour 14,794]

4 minutes ago, SaintsInDome2006 said:

I think once I realized the point of maga was causing pain to others & diminishing American power almost all my cognitive dissonance in these conversations disappeared.

Now that Trump is doing away with or at least downsizing FEMA, who’s going to build the concentration camps? I still see a lot of lgbtq wandering free out here. 

[Mike Honcho 5,009]

1 hour ago, Strike said:

We haven't seen higher costs yet, have we?  You, like @The Real timschochet, are jumping ahead a little bit.  You might have a legit complaint IF his Tariffs result in higher prices.  But, as even you have noted, they may not even last.  A bunch of countries have already capitulated and started lowering/eliminating Tariffs. 

But I would posit that anyone who listened to his platform understood that there could be some short term pain in the name of long term gain.  It's unfortunate that so much of our populace lives in sound bites and doesn't intelligently parse the entirety of what someone says.  There was a study done a few Presidential cycles ago documenting how each Presidential cycle finds the candidates dumbing down their vocabulary/speaking style.  Kamala was probably the epitome of that.  She speaks like a third grader.  Idiocracy truly was a documentary and eventually we will have our own Camacho as President.  Fortunately I'll likely be long gone by then.

Yeah, he made that clear, cue the tape. 
 

 

[HotRod 65]

Stellantis paused production at 2 plants as a result of the tariffs.  700 US employees laid off.

This is going great.

[Fnord 1,987]

45 minutes ago, SaintsInDome2006 said:

Personally I don’t think he believes that. IMO one goal of the tariffs is the declaration of emergency powers. Another is that foreign leaders, US governors & US corporate execs will have to come to him personally for exceptions & carve outs.

This is the most logical line of thinking I've seen on the matter and I'm surprised I haven't seen or read more about it. It makes perfect sense. The application of Occam's Razor to the question of how the tarrifs benefit Trump. 

[CaptainObvious1 278]

57 minutes ago, Sean Mooney said:

I wonder what- if anything- will finally break the ball washers here from the spell Trump has them under. He is like the Pied Piper leading MAGA Mook retards into whatever thought he wants them to have

Some of you homos here love cleaning balls.  Keep that gay stuff to yourself.

[thegeneral 2,822]

1 hour ago, Strike said:

It's funny listening to all the people who did NOT vote for Trump complaining that he's doing exactly what he said he would do.  It's also funny that they act like they actually listened to him during his campaign.

He said the markets and economy would crash if he wasn’t elected. 

[The Real timschochet 6,161]

1 hour ago, SaintsInDome2006 said:

Personally I don’t think he believes that. IMO one goal of the tariffs is the declaration of emergency powers. 

Maybe but I really don’t think he is capable of such calculation. 

[The Real timschochet 6,161]

Dow is down 1500 points. And as predicted, @Horseman who dismissed this possibility and mocked anyone who predicted it, is nowhere to be found. 

[Hardcore troubadour 14,794]

1 hour ago, SaintsInDome2006 said:

Personally I don’t think he believes that. IMO one goal of the tariffs is the declaration of emergency powers. Another is that foreign leaders, US governors & US corporate execs will have to come to him personally for exceptions & carve outs.

And coming from Louisiana I can tell you that the idea of shifting revenue burdens via sales taxes & ad valorum taxes such as here & all but removing the burden from the wealthiest is old hat here. It’s the Louisiana-fication of America. 

What do you think he will do with these emergency powers? 

[The Psychic Observer 342]

36 minutes ago, HotRod said:

Stellantis paused production at 2 plants as a result of the tariffs.  700 US employees laid off.

This is going great.

Whirlpool announced layoffs too. It's only the start.

This has crashed the economy.  Congress has to act.

[SaintsInDome2006 286]

6 minutes ago, The Real timschochet said:

Maybe but I really don’t think he is capable of such calculation. 

He's gotten elected president twice and he's evaded sentencing on the conviction of 34 charges and trial on another ~50 charges including the highest federal crimes.

He's capable of such calculation.

[SaintsInDome2006 286]

5 minutes ago, Hardcore troubadour said:

What do you think he will do with these emergency powers? 

I come from Louisiana, so we have the history of Huey Long here, but you can look to other tinpot caudillos, it's always the same: he will enrich himself and those who maintain his power.

[Grace Under Pressure 47]

1 hour ago, Sean Mooney said:

I wonder what- if anything- will finally break the ball washers here from the spell Trump has them under. He is like the Pied Piper leading MAGA Mook retards into whatever thought he wants them to have

The actual cult-like followers are too far gone. They've double and tripled down on this buffoon despite the accurate warnings. They probably just figure it will "hurt the libs" worse so they vote against their own self-interests and vote for the interests of multi-millionaires and billionaires. Easily the dumbest and most gullible fools support this guy, a guy who doesn't give a rats ass about them. He's already off golfing with his rich Saudi friends. Think any of those dopes are invited?

There are probably some less indoctrinated who may regret their vote, but it's unlikely they will admit it. It's very difficult for people to admit they were duped, which is why it's unlikely they'll ever tell the truth about it. Maybe after Trump is dead, in which case they'll probably deny they ever supported him in the first place. 

[SaintsInDome2006 286]

1 hour ago, squistion said:

This man is clueless about US history and the actual impact of tariffs (as are many in this thread).

https://x.com/AdamJSchwarz/status/1907532233121964386 (video clip at link)

Trump claims the Great Depression "would never have happened" if the US continued tariffs.

Not only did the US continue tariffs, it actually increased them, which worsened and prolonged the US and global depression.

The Smoot-Hawley Act 1930 significantly reduced global trade.

I've come around on this too. I know much is said from all quarters about Trump's ignorance of basic history and simple economic theory and things like that.

But let's face it - they teach about Smoot-Hawley in Econ 101, and though Trump didn't get right into Penn he had at least 2-3 years of business school, and the first thing they teach you - and it would have been especially strong when Trump went, when the Depression was fresh in everyone's minds - is that tariffs are economic poison. You might as well use leaches or bloodletting to cure tuberculosis. It's deemed that medieval.

But more than that - Trump has been president for 1.1 terms and you can be sure he has had the full weight of the best economic experts, even those totally beholden to his cause, inform him about this poison. Not to mention the discussions he must have had with bankers & other experts over the years. He knows.

[SaintsInDome2006 286]

12 minutes ago, The Psychic Observer said:

Congress has to act.

See this is the thing. Constitutionally tariffs are 100% Congress' prerogative. They have the right, power and capacity to stop all this, but again, this would require so much as maybe 10 Republicans in each chamber forming a coalition with Democrats.

[The Psychic Observer 342]

2 minutes ago, SaintsInDome2006 said:

See this is the thing. Constitutionally tariffs are 100% Congress' prerogative. They have the right, power and capacity to stop all this, but again, this would require so much as maybe 10 Republicans in each chamber forming a coalition with Democrats.

Once they are faced with being voted out they will capitulate.

Americans will feel pain.  They will voice their displeasure to their elected leaders.  Democracy still has life in America.

[The Real timschochet 6,161]

The scale of this is so massive. We won’t know the consequences for months, possibly years to come. Smoot-Hawley led directly to the economic instability that caused all the dictatorships in Europe, including the Third Reich. We are creating a similar economic instability, and poverty, not just in Europe but…frigging everywhere. We take the stability of certain nations for granted: Japan, South Korea, Western Europe, etc. what happens to those countries when we create 15% unemployment or higher? 
 

And we haven’t even discussed Latin America. What do you guys think the result of higher unemployment down there will be? Gee I’ll let you guess….

[SaintsInDome2006 286]

1 hour ago, Hardcore troubadour said:

Now that Trump is doing away with or at least downsizing FEMA, who’s going to build the concentration camps? I still see a lot of lgbtq wandering free out here. 

As for FEMA, I'm from Louisiana. I'm wondering who's going to rebuild roofs and deliver water.

As for any detention camps, I think that's already been resolved - Trump will use the military and state prison facilities, primarily Louisiana and Texas. I really hope that doesn't happen though. Something I think is interesting is that Trump's administration is making grand claims about how many illegal aliens they're rounding up, but we don't see the camps. So I don't think they're doing what they claim they're doing, beyond sending out Noem & Holman on raids so they can be seen on Fox, Newsmax, RWB etc.