[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

I don't really understand it either. Say what you want about the federal government at large, but yeah, lot of these folks are just regular workers like you and I. The vilification is just outright idiotic.

 

Trump tariffs are bringing jobs back home and creating a booming economy in the USA -- attracting investment from the world's largest companies.

https://finance.yahoo.com/news/appl...-future-of-american-innovation-110106571.html

Apple announces $500 billion US investment in bet 'on the future of American innovation'

Apple (AAPL) announced Monday that it will spend and invest more than $500 billion in the US over the next four years, including plans to build a new manufacturing factory, double its advanced manufacturing fund, and hire 20,000 people.

"We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future,” Apple CEO Tim Cook said in a statement.


"From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing. And we’ll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation.”

 

The real fireworks won't start until Trump and Powell start publicly fighting about making the money printer go brrrr.

 

Bet on it.

 

That's usually the halftime show.

 

revisionist history on traitor George's part.

Trump 1.0 initiated trade war; it ended up netting a loss of 2 million jobs, not a booming economy

 

Friend, are you dishonestly counting COVID job losses and blaming it on tariffs? Shame on you for your dishonesty. All of your comments are now stained by this.

Tax cuts + Deregulation + Onshoring of Jobs + DOGE cuts to waste, fraud, abuse + Energy production = Trump's path to prosperity. Voters agree - and are very complimentary of his first month on the job.

GOOD DAY

 

The Democrats spent $7 trillion a year and propped up the economy with government spending -- much of it was pure waste. That's not healthy economic growth -- and it's not REAL growth because the inflation that accompanied that level of deficit spending. Trump/Musk are reshaping the economy to be LEAN and grow through productivity increases, not simply government spending. The deficits that tax and spend Democrats put on the country have now left us with interest expense in excess of defense spending. It's simply unsustainable. The Democrats' approach did not work. Time the world's most successful businessman (Musk) and the world's most successful politician (Trump) to take charge.

GOOD DAY

 

COVID did not hit the US until yr 3 of Trump 1.0; Trump misleading of COVID contributed to the job loss

 

Blue states shutting down was the single largest contributor to job loss during COVID. To blame tariffs for COVID job losses is just silly. And dishonest.

GOOD DAY

 

i believe that adoo is pointing out that the tariffs were causing job loss before the pandemic even happened.

furthermore, due to trumps tarriffs he had to send billions to farmers who were hurt by said tarriffs...again pre-covid.

 

stop lying, the 4 bigggest shut down are Calif, Tx, NY and Florida

and shutdown started in yr 4

 

that's somewhat but not totally true

 

Sam Fisher and Adoo. Two of the worst posters here

 

the Bond market is not convinced of Elon's claim to cut the deficit

Bond Yields (TLT) Signal Skepticism Over Musk’s Cost-Cutting Vows

​

This disconnect between political rhetoric and market reality highlights the challenges of achieving meaningful fiscal consolidation through rapid cost-cutting initiatives.

The Bond market landscape

• Bond yields remain elevated despite aggressive cost-cutting promises.
  
• The 10-year Treasury yield has not fallen to levels expected if substantial savings were achieved.
  
• Investors demand clearer evidence of fiscal discipline amid high budget deficits.

DOGE's unsupported claims

• Musk’s DOGE initiative claims to deliver vast government savings, yet detailed breakdowns show far lower figures.
  
• Trump’s cost-cutting measures have been met with skepticism due to modest actual cuts.
  
• Historical data indicate that significant fiscal consolidation is necessary to impact long-term bond yields.

 

how is it not totally true?

he imposed tariffs on china so they retaliated and per the below article, caused a 75% drop in soybean exports so trump gave american farmers a $28 billion bailout. and to counter texxx/jorge/mojoman...this was pre-covid.

https://www.forbes.com/sites/stuart...-to-farmers-cost-more-than-us-nuclear-forces/

Trump Tariff Aid To Farmers Cost More Than U.S. Nuclear Forces

The Trump administration gave more taxpayer dollars to farmers harmed by the administration’s trade policies than the federal government spends each year building ships for the Navy or maintaining America’s nuclear arsenal, according to a new report. A National Foundation for American Policy analysis concluded the spending on farmers was also higher than the annual budgets of several government agencies. “The amount of money raises questions about the strategy of imposing tariffs and permitting the use of taxpayer money to shield policymakers from the consequences of their actions,” according to the analysis.

After a series of tariff increases on Chinese imports, the government of China retaliated against U.S. exporters, as predicted by trade analysts outside of the administration. As a result, U.S. exports, particularly of agricultural goods, dropped significantly. “Losing the world’s most populous country as an export market has been a major blow to the [U.S.] agriculture industry,” reported the New York Times in August 2019. “Total American agricultural exports to China were $24 billion in 2014 and fell to $9.1 billion last year, according to the American Farm Bureau.” In 2018, U.S. farmers’ soybean exports to China declined by 75%, according to the U.S. International Trade Commission.

To shore up political support from farmers, Donald Trump approved increasing amounts of government aid to farmers harmed by the trade policies that the Trump administration itself initiated. Trump was open about the purpose of the payments. “I sometimes see where these horrible dishonest reporters will say that ‘oh jeez, the farmers are upset,’” he told attendees of an Illinois farmer show in August 2019. “Well, they can’t be too upset, because I gave them $12 billion and I gave them $16 billion this year. . . . I hope you like me even better than you did in ’16.”

 

Lol. At least they actually gave a **** and voted. Not really sure why you continue to post here. It's tiring to read the drivel you post.