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Trumpflation Watch

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Nov 19, 2024.

  1. AleksandarN

    AleksandarN Member

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    Someone remind me what was one of the factors that started the Great Depression?
     
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  2. mtbrays

    mtbrays Member
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    Transgender people?
     
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  3. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    It's funny how for years they call others sheep but they really do eat up whatever they are told to believe. It's remarkable to watch.
     
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  4. superfob

    superfob Mommy WOW! I'm a Big Kid now.

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    Basically what will happen is economy will go to ****, rich will buy up rest of assets, consolidate and get richer. The poors who voted for Trump will say that it was too hard to fix Biden economy and say that Trump tried his best and we'll need another 20 years (or a world war) to fix shooting ourselves in the foot.
     
  5. astros123

    astros123 Member

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    Too hard to fix Biden economy? We have 4.1% unemployment and inflation at 2.4%. Gdp growth was above pre pandemic trend and the stock market and private Capex was through the roof. Manufacturing spending is at 10 year high. Trump could easily ride on the economy Biden left him and take credit for it and he'd he popular.

    instead he's starting a trade war with a country we import 70% of our imported fruits/vegetables just so he can cause havoc for literally no reason. Trump is purposely tanking the economy.

    His low iq cult is too dumb to see it
     
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  6. Space Ghost

    Space Ghost Member

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    STFU. You fled and abandoned the country.

    You remind me of one of those bored housewives who never vote but b**** nonstop about politics because tiktok told them they should be outraged.
     
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  7. Phillyrocket

    Phillyrocket Member

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    If ai recall my AP history course correctly it was DEI.

    We are witnessing a textbook application of how to create a recession.

    Ultimately the plan is to cut taxes and force prices higher to the point where the national debt interest forces the government to cut everything the Republicans don’t like. There will be a point of no return where the GOP will say sorry but theres no choice. Goodbye Medicaid, SNAP, WIC, etc.

    And the people will cry about it, and forget it was all to give tax cuts to billionaires.
     
    #507 Phillyrocket, Feb 1, 2025
    Last edited: Feb 1, 2025
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  8. sealclubber1016

    Supporting Member

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    This is it.

    Trump isn't in it for Russia, or to own the libs, and god knows it isn't to fix the country, he's in it to enrich the rich..that's it. It's almost hilarious how in your face he was about it having literally the 3 richest men in the world front and center.

    The poor part of Trumps base (most of it) would happily sink the boat they were on if it meant owning the libs. He can do no wrong in their book as long as he keeps doing that. I'm a middle aged white guy in a stable situation, I'll be fine so I've stopped caring. It's nonetheless pathetic and embarrassing how the Trumpers lick his feet because he's fighting these "social issues" that have absolutely zero effect on their everyday lives.
     
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  9. fchowd0311

    fchowd0311 Member

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    [​IMG]
     
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  10. Mr.Scarface

    Mr.Scarface Member

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    The purpose of these tariffs?
     
  11. astros123

    astros123 Member

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    Musk is controlling the treasury payment systems. They're going rob us blind and demand favors from corporations for exemptions.

    Corruption
     
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  12. SamFisher

    SamFisher Member

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    Just for the record, not that laws matter anymore - for Elon Musk to control the USTreasury is - insanely illegal - like, on so many levels!
     
  13. Exiled

    Exiled Member

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    keep the public pre occupied &,poor as needed while working on soft coup, not bad of a plan, told family in the States , I got your back ,I've a guest house , they thought I was joking a year ago
     
  14. Os Trigonum

    Os Trigonum Member
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    Republican policies saving people money

    https://nypost.com/2025/02/01/opini...e-message-on-their-climate-agenda-stand-down/

    Dems are finally getting the message on their NY climate agenda: Stand down!
    By Post Editorial Board
    Published Feb. 1, 2025, 6:12 a.m. ET

    A light just went off for the left: Americans don’t like paying higher bills for a climate war. Duh.

    Democrats (well, some of them) are suddenly recognizing the message of November’s victories by Donald Trump and other Republicans.

    First, that voters are deeply skeptical of a pricey (and likely futile) war on climate at their expense.

    Second, that those victories will make it harder still to achieve the greenies’ fanciful agenda.

    Hmm: With luck, the entire climate agenda might just collapse, saving Americans billions and bolstering energy security across the nation.

    “The public is exhausted,” admits Assemblyman John McDonald (D-Albany). “They don’t want to see their bills go up. We have to be sensitive to that.”

    McDonald also stressed the need “to be realistic that we’re not going to have a federal partner.”

    Gov. Kathy Hochul, too, has delayed her plan for a “cap-and-invest” tax on fossil-fuel corporations, knowing the costs would be passed to consumers, conflicting with her 2026 reelection focus on “affordability.”

    (She did the same with congestion pricing, delaying it until right after the 2024 election.)

    Last year, Hochul also acknowledged the need to “think about the collateral damage” of the state’s climate decisions. And that the state likely won’t meet its benchmarks for cutting greenhouse-gas emissions (though she still pretended it would just be few years late).

    Other blue states are also easing back down: Maryland, for instance, is delaying a program similar to the one Hochul put off.

    Even California has held off on renewing its first-in-the-nation emissions cap.

    The left’s epiphanies follow those in Europe, which got slammed by its green policies, particularly after Russia’s invasion of Ukraine, inflation and uncooperative weather sent energy prices soaring.

    Dems are right about their agenda’s grim future: Team Trump, for starters, is already rolling back the Green New Deal.

    On his first day in office, he ordered an “immediate pause” to climate spending OK’d by Biden-era legislation. He’s also pulling out of the Paris Climate Accord (again).

    Instead, he’s vowed to jumpstart every sector of America’s energy industry with his “all of the above” approach. Americans love it.

    Look, the climate agenda never made sense. Aside from its enormous costs, it’s always been physically impossible to meet those preposterous zero-emission goals.

    No nation can possibly both cut its CO2 output dramatically and produce all the necessary windmills, solar panels and batteries to ensure energy reliability and economic growth — at least, not with the technology available now nor in the next decade or three.

    Nor can the world reduce greenhouse gases with nations like India and China adding new gas-emitting plants almost every single day.

    The good news: There’s no real need to clobber economies in a bid to control the weather.

    Even if the world were to do nothing, UN climate experts themselves basically admit global warming would have little effect on economic growth.

    We don’t expect Dems to throw in the towel completely on climate. At least not yet.

    But their sudden bows to reality is surely a hopeful sign.

     
  15. DaDakota

    DaDakota Balance wins
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    They won't forget or forgive, that is tar and feathering level stuff at least.

    DD
     
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  16. edwardc

    edwardc Member

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  17. SamFisher

    SamFisher Member

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  18. SamFisher

    SamFisher Member

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    Mattel Raising prices due to Trump

    = Trumpflation


    ".. The company will also consider increasing its prices, Kreiz said, planning to assess the market as the proposed tariffs play out ..
     
  19. SamFisher

    SamFisher Member

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    On the plus side for Trumpflation 10 year yields are down*


    ".. Bonds are reacting toward the negative growth impact rather than the expected inflationary impact," says JPM desk. ".. concerns that an escalation of the Trade War 2.0 will lead to negative revenue impacts .."


    *Because they're predicting a recession
     
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  20. deb4rockets

    deb4rockets Member
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    Screenshot_20250205-102808.png
     
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