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trump2028 ~\' wrote:
Though I'm not that happy with how the market has performed - but tax cuts should help
And if that doesn’t work I think the $5,000 checks from DOGE will the deliver the “golden age” we were promised.
Everything looking great, going really well.
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trump2028 ~' wrote:
agip wrote:
America first, amirite, rubes?
Today's Q1 GDP data:
+0.4% Eurozone
+0.3% Italy
+0.2% Germany
+0.2% Austria
+0.1% France
+0.2% Mexico
-0.3% U.S.GDP = C + I + G + NX.
C: consumption
I: investment
G: government spending
NX: net import / exportSo if government spending goes down GDP shrinks. Doesn't mean that the economy is doing poorly. Though I'm not that happy with how the market has performed - but tax cuts should help
do you read any real newspapers?
Clearly, you do not.
Government spending has not dropped in the US, so your post is false.
If you read a newspaper, you'd instead retort to that graph by noting that the negative US numbers are a sort of phantom because of all the pre-tariff importing we did. Importing is a temporary negative draft on GDP.
But regardless, the odds are trump's policies are sprinting us into a recession. You too, rube.
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Another great morning on Wall Street!
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This has been DISASTROUS for the economy especially considering the economy inherited. Just an embarrassment, I feel so betrayed.
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agip wrote:
trump2028 ~' wrote:
GDP = C + I + G + NX.
C: consumption
I: investment
G: government spending
NX: net import / exportSo if government spending goes down GDP shrinks. Doesn't mean that the economy is doing poorly. Though I'm not that happy with how the market has performed - but tax cuts should help
do you read any real newspapers?
Clearly, you do not.
Government spending has not dropped in the US, so your post is false.
If you read a newspaper, you'd instead retort to that graph by noting that the negative US numbers are a sort of phantom because of all the pre-tariff importing we did. Importing is a temporary negative draft on GDP.
But regardless, the odds are trump's policies are sprinting us into a recession. You too, rube.
"Trump’s Tariffs Aim to Create a New World Economic Order"
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Oldrunningguy wrote:
GoldieDump wrote:
Today's manufacturing plants are final assembly plants. They take 5 years to retool to make something else. Trump "vision" of manufacturing plants require material flow inputs that for materials extraction plants that DO NOT exist in the U.S. It is impossible to isolate a country in today's world without devolving itself into the stone age ... few materials needed for that type of society.
Weird that Pete Navarro nor his imaginary economic expert alias Ron Vara never cover that in their Tariff models.
A flyover state Trumpette was asked who would pick fruits and vegetables if immigrants were all deported, "We don't need them. That stuff is in grocery stores!" Navarro thinks the same way as this Trumpette. Stuff just magically appears.
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Women for Trump wrote:
This has been DISASTROUS for the economy especially considering the economy inherited. Just an embarrassment, I feel so betrayed.
Wait, are you getting tired of all the winning?
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Nancy S. wrote:
Women for Trump wrote:
This has been DISASTROUS for the economy especially considering the economy inherited. Just an embarrassment, I feel so betrayed.
Wait, are you getting tired of all the winning?
Tired of waiting for it
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trump2028 ~' wrote:
agip wrote:
America first, amirite, rubes?
Today's Q1 GDP data:
+0.4% Eurozone
+0.3% Italy
+0.2% Germany
+0.2% Austria
+0.1% France
+0.2% Mexico
-0.3% U.S.GDP = C + I + G + NX.
C: consumption
I: investment
G: government spending
NX: net import / exportSo if government spending goes down GDP shrinks. Doesn't mean that the economy is doing poorly. Though I'm not that happy with how the market has performed - but tax cuts should help
The big GDP drop was primarily due to a huge import rush to beat out Trump's tariffs. Otherwise, the economy maintained much of its momentum from 2024. Government spending was down slightly, but the bulk of the GDP drop was the import rush. And a good bit of the drop in government spending was due to the suspension of aid to Ukraine.
This quarter is not going to tell the true tale of the impact of Trump's tariffs on the US economy. The next quarter is the one to watch. There will probably be a very steep contraction in consumer spending and exports will also drop as the trade war with China hits agricultural exports hard. The big danger signal from this quarter's GDP numbers was growth in corporate inventories. That indicates that demand is dropping.
There is still good momentum in the economy right now that may be enough to hold off a recession if Trump reverses course on his tariffs in the next 30-60 days. But if the big tariffs on steel and aluminum and auto tariffs stay in place, we are pretty much doomed. The big flaw in Trump's industrial policy is that he wants to start a massive build out of US manufacturing while at the same time levying high tariffs on the raw materials needed for that build out. That doesn't work and just puts the country on track for stagflation.
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..FAFO . wrote:
trump2028 ~\' wrote:
Though I'm not that happy with how the market has performed - but tax cuts should help
And if that doesn’t work I think the $5,000 checks from DOGE will the deliver the “golden age” we were promised.
Everything looking great, going really well.
True that. Poor people can afford food again. Rich people just bltch because they are not catered to. The stock market isn’t hurting anyone. If you feel pain from investments pulling back after 20 years up, then there is something seriously wrong with you.
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Women for Trump wrote:
Nancy S. wrote:
Wait, are you getting tired of all the winning?
Tired of waiting for it
When you cannot win, you can whine. It’s Joe Biden’s fault!!!
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Noyankee wrote:
Poor people can afford food again.
Food prices increased 3% compared to a year ago in March. This was a larger increase than any month in 2024.
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Noyankee wrote:
..FAFO . wrote:
And if that doesn’t work I think the $5,000 checks from DOGE will the deliver the “golden age” we were promised.
Everything looking great, going really well.
True that. Poor people can afford food again. Rich people just bltch because they are not catered to. The stock market isn’t hurting anyone. If you feel pain from investments pulling back after 20 years up, then there is something seriously wrong with you.
The stock market isn’t hurting anyone? Tariffs will not increase prices? This is why Trump wants to drain the stock market and collect tariffs to fix the economy? Who taught you those?
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LetsRunSpecial wrote:
Noyankee wrote:
True that. Poor people can afford food again. Rich people just bltch because they are not catered to. The stock market isn’t hurting anyone. If you feel pain from investments pulling back after 20 years up, then there is something seriously wrong with you.
The stock market isn’t hurting anyone? Tariffs will not increase prices? This is why Trump wants to drain the stock market and collect tariffs to fix the economy? Who taught you those?
For the most devoted Trump disciples, there is nothing he can do that will draw criticism. If they have to eat bug paste because that is all Americans can get, they'll claim it tastes great and it is the most nutritious food ever invented and a revolutionary leap forward for mankind. It boggles the mind.
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Another activist judge overstepping authority. Trump shouldn't comply.
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trump2028 ~\' wrote:
Another activist judge overstepping authority. Trump shouldn't comply.
Mohsen Mahdawi was arrested at his citizenship interview for exercising his right to freedom of speech. He has not been accused of a crime. He is a legal immigrant and green card holder. Why on earth should he be in jail?
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