Light at the end of the tunnel. Finally our national legislature is waking up.
Senators @ChuckGrassley (R) and @MariaCantwell (D) just introduced a bill to reassert Congress’s power over tariffs. —President must notify Congress on new tariffs within 48 hours of imposition. —Congress must approve them within 60 days or they expire.
I suppose it’s overstatement to say there’s a tweet to underscore his hypocrisy for every one of his failings, but the percentage seems incredibly high.
If anyone hasn't read 1984 yet, I highly recommend it.
Agriculture Secretary Brooke Rollins next to a ticker showing the Dow down 1,200 points: "We are really, really excited, and very grateful for President Trump's leadership."
Light at the end of the tunnel. Finally our national legislature is waking up.
Senators @ChuckGrassley (R) and @MariaCantwell (D) just introduced a bill to reassert Congress’s power over tariffs. —President must notify Congress on new tariffs within 48 hours of imposition. —Congress must approve them within 60 days or they expire.
sounds clever except it might actually be seen as changing current law in a bad way. i think many tariff laws that congress has approved, have fact finding attached, and should be tested in courts. like there's some standard that already exists, for which no current facts would meet it, or he'd just be making stuff up.
i say this because if you're saying he can just do 48 hour warning tariffs, you've then gutted the substance. he can do any tariff, not selected ones congress approved.
conservatives should get this as a lot of it is simply enforcing the constitution and laws on the books. a ton of stuff the man is doing is illegal already.
It is simply gross incompetence and governing by imbeciles leading imbeciles.
Exhibit 4,563
NEW: In Oval Office meeting yesterday, Laura Loomer presented the president with a list of NSC staff she said were disloyal and should be fired. Mike Waltz was there defending his team. Today many were fired.
If that isn’t the absolute truth, it’s a whole lot closer to it than anyone here can put on the table. No doubt some anti trumper has dig deep into the details, but I don’t pay that close attention. what I do know is that Wharton is top shelf and Trump was on top of that shelf. His delivery you may not like but his knowledge is unmatched.
So, you admit that you're just going to believe what you want to believe because you're in a cult and no amount of facts could convince you otherwise?
Trump's performance at Wharton was painstakingly detailed for you earlier. Your response was to attack the messengers and ignore the message. That's the sign of somebody who is completely detached from reality. Have you considered psychiatric help?
If anyone hasn't read 1984 yet, I highly recommend it.
Agriculture Secretary Brooke Rollins next to a ticker showing the Dow down 1,200 points: "We are really, really excited, and very grateful for President Trump's leadership."
A Republican senator has been slammed for quoting the Nazi Joseph Goebbels in a Congressional hearing.The incident occurred when Texas congressman Keith Self was speaking during a House foreign relations subcommittee meeting...
"A direct quote from Joseph Goebbels [the Nazi propaganda minister]: ‘It is the absolute right of the state to supervise the formation of public opinion’, and I think that may be what we’re discussing here.”
Given your apparently defective reasoning abilities, I can imagine you having no doubt about such poorly established positions.
There are clips of his kid Baron teaching advanced college math. he’s a freshman. to portray the Trumps as stupid, or some variation of, is a non starter. Nobody on this site, intellectually speaking of the economy, can approach what Trump has could put on his resume. He’s earned his stripes. Now we let him go to work. China will not rule the World economically. We will and Liberation Day was yesterday.
Light at the end of the tunnel. Finally our national legislature is waking up.
Senators @ChuckGrassley (R) and @MariaCantwell (D) just introduced a bill to reassert Congress’s power over tariffs. —President must notify Congress on new tariffs within 48 hours of imposition. —Congress must approve them within 60 days or they expire.
sounds clever except it might actually be seen as changing current law in a bad way. i think many tariff laws that congress has approved, have fact finding attached, and should be tested in courts. like there's some standard that already exists, for which no current facts would meet it, or he'd just be making stuff up.
i say this because if you're saying he can just do 48 hour warning tariffs, you've then gutted the substance. he can do any tariff, not selected ones congress approved.
conservatives should get this as a lot of it is simply enforcing the constitution and laws on the books. a ton of stuff the man is doing is illegal already.
I'm not up on this kind of thing, but I think what grassley and cantwell want is a system that lets the president negotiate and move quickly in case of emergencies or opportunity. So the prez doesn't have to take every deal to congress when we are in a hurry, because congress would stall it for weeks or months. In an emergency a nation often has to move fast.
But on the other hand, giving congress 60 days to get its act together and analyze the deal and vote on it would prevent fubar situations like this one.
If anyone hasn't read 1984 yet, I highly recommend it.
Agriculture Secretary Brooke Rollins next to a ticker showing the Dow down 1,200 points: "We are really, really excited, and very grateful for President Trump's leadership."
"A direct quote from Joseph Goebbels [the Nazi propaganda minister]: ‘It is the absolute right of the state to supervise the formation of public opinion’, and I think that may be what we’re discussing here.”
-Texas state congressman Keith Self
republicans are so twisted up by supporting to the death a guy they know is bad... that they've forgotten if they're supposed to support nazis or fight them.
It is simply gross incompetence and governing by imbeciles leading imbeciles.
Exhibit 4,563
NEW: In Oval Office meeting yesterday, Laura Loomer presented the president with a list of NSC staff she said were disloyal and should be fired. Mike Waltz was there defending his team. Today many were fired.
it's the closest thing to a junta we've seen. a leader with bizarre ideas who even tried to seize power when he lost. a cult where no one stands up to the leader despite bizarre ideas. and second term dear leader picks people for loyalty to him personally.
as a recent article i read was saying, one should expect incompetence and corruption from a junta, as loyalty is held above anything, competence is doing what the boss says, and one is owed the spoils of being loyal to the boss. if you say what is actually good sense you get punted so true competence is out.
your post speaks to how what are normally political or policy fights reconfigure themselves as loyalty squabbles. who is most loyal to the dictator. we both know from trump term 1 that he actually shows his underlings little loyalty themselves as soon as he sees them as disagreeable or somehow not loyal enough. it actually turns into carnage.
but then anyone who's read a little soviet history can tell you how this sort of thing goes. if it all telescopes down to power and rules don't exist then it's just one big food fight for the attention and continued employ of the boss.
You’re demonstrating your absolute ignorance. Tariffs will be massively inflationary (which is apparently worse than a tax!). Furthermore, the big reason we had inflation during Biden’s first few years was Trump’s complete mismanagement of COVID. If Biden’s spending caused inflation then why did inflation come down so much over the last few years with no decrease in spending?
Stimulus from the American Rescue Plan was mostly front loaded, which is why inflation spiked and then tapered (as money multiplier impacts ebbed). Tariffs aren’t true inflation, they are taxation. Imports are more expensive, but the intrinsic value of your currency is not less (as happens when the government prints money to pay off its debt obligations). Understand the difference.
According to the International Monetary Fund: "Inflation measures how much more expensive a set of goods and services has become over a certain period, usually a year."
According to the US Department of Labor: "Inflation can be defined as the overall general upward price movement of goods and services in an economy."
According to the Federal Reserve of Cleveland: "More precisely, inflation is defined as ongoing increases in the overall level of prices."
According to the European Central Bank: "Inflation occurs when there is a broad increase in the prices of goods and services, not just of individual items; it means, you can buy less for €1 today than you could yesterday. In other words, inflation reduces the value of the currency over time."
So, if the effect of tariffs are that the cars and clothes and food and everything else I buy costs more money, it seems like it meets the definition of inflation according to the sources I found. It doesn't matter if the cause of the inflation was the government stealing some money during the import process or if all importers suddenly decided to increase their margins, the net effect on the consumer is a broad increase in prices. Do you agree?
When you look at all the modern day lying of the Trump propaganda arm today. Perhaps the most lying of the lies is that Trump is fixing a disaster of an economy that was going to implode. Trump inherited an economy that was humming and the envy of the world. I wonder if this gaslighting is working on the base.... It is truly bizarro.
See below
NEWS: Whirlpool Corp. announces Iowa's largest layoff of 2025 in Amana manufacturing facility. Nearly 1/3 of the company’s workforce in the Iowa facility will be let go due to current market conditions.
When you look at all the modern day lying of the Trump propaganda arm today. Perhaps the most lying of the lies is that Trump is fixing a disaster of an economy that was going to implode. Trump inherited an economy that was humming and the envy of the world. I wonder if this gaslighting is working on the base.... It is truly bizarro.
See below
NEWS: Whirlpool Corp. announces Iowa's largest layoff of 2025 in Amana manufacturing facility. Nearly 1/3 of the company’s workforce in the Iowa facility will be let go due to current market conditions.
sounds clever except it might actually be seen as changing current law in a bad way. i think many tariff laws that congress has approved, have fact finding attached, and should be tested in courts. like there's some standard that already exists, for which no current facts would meet it, or he'd just be making stuff up.
i say this because if you're saying he can just do 48 hour warning tariffs, you've then gutted the substance. he can do any tariff, not selected ones congress approved.
conservatives should get this as a lot of it is simply enforcing the constitution and laws on the books. a ton of stuff the man is doing is illegal already.
I'm not up on this kind of thing, but I think what grassley and cantwell want is a system that lets the president negotiate and move quickly in case of emergencies or opportunity. So the prez doesn't have to take every deal to congress when we are in a hurry, because congress would stall it for weeks or months. In an emergency a nation often has to move fast.
But on the other hand, giving congress 60 days to get its act together and analyze the deal and vote on it would prevent fubar situations like this one.
dude, i think we are being given a master course in why about any executive power guardrail you can think of, was put in once upon a time. and you're like, oh, presidents need unchecked power and check in within 60 days.
it sounds vaguely like the war powers act which has basically resulted in many many undeclared fracases while we don't bother declaring war.
read up a little on trade policy. we have all sorts of tariffs and penalties we can impose, already, when someone abuses world trade. but we have a bunch of rules for them, with good reason. i think you're seeing right now where just having it where any idiot who wins an election can for any reason he wants start dinging other countries with tariffs, is nuts.
if you're paying attention, it's not just economic related stuff, it's unrelated policy leverage, it's i don't like how that leader talked to me. it's become very personal and not national interests based.
i mean if folks have half a brain, similarly, even trump most of the time sees putin is the bad guy in that war, complains about him, sanctions him like the bad guy........but won't lift much of a finger for ukraine because the president there turned him down to make up lies about biden.
When you look at all the modern day lying of the Trump propaganda arm today. Perhaps the most lying of the lies is that Trump is fixing a disaster of an economy that was going to implode. Trump inherited an economy that was humming and the envy of the world. I wonder if this gaslighting is working on the base.... It is truly bizarro.
See below
NEWS: Whirlpool Corp. announces Iowa's largest layoff of 2025 in Amana manufacturing facility. Nearly 1/3 of the company’s workforce in the Iowa facility will be let go due to current market conditions.
I get the hysteria, and I get the reaction in the market today. I'm a little concerned to be honest.
To say the economy was humming and the envy of the world is a bit misleading. It's been propped up by zero interest and massive debt since 2008 and growing quickly. Interest rates finally went up a couple years ago to curb inflation. What is your plan to fix the debt?
Will the tariffs work? Certainly not if we fall into a recession. However, it seems to be an attempt. We have to try something at some point before it's lights out.
I did hear a conspiracy that the tariffs are a bargaining tool to renegotiate our debt with foreign markets. That doesn't seem like a 0% chance of being true, but it's also not extremely likely.
I want my 401K to keep going up 12% per year also, but at $60T (which could be here in 10-15 years at our current trajectory), our debt at new higher interest rates will be untenable. Someone give me the playbook here that doesn't end in a spot worse than we are today.
This post was edited 1 minute after it was posted.
Stimulus from the American Rescue Plan was mostly front loaded, which is why inflation spiked and then tapered (as money multiplier impacts ebbed). Tariffs aren’t true inflation, they are taxation. Imports are more expensive, but the intrinsic value of your currency is not less (as happens when the government prints money to pay off its debt obligations). Understand the difference.
According to the International Monetary Fund: "Inflation measures how much more expensive a set of goods and services has become over a certain period, usually a year."
According to the US Department of Labor: "Inflation can be defined as the overall general upward price movement of goods and services in an economy."
According to the Federal Reserve of Cleveland: "More precisely, inflation is defined as ongoing increases in the overall level of prices."
According to the European Central Bank: "Inflation occurs when there is a broad increase in the prices of goods and services, not just of individual items; it means, you can buy less for €1 today than you could yesterday. In other words, inflation reduces the value of the currency over time."
So, if the effect of tariffs are that the cars and clothes and food and everything else I buy costs more money, it seems like it meets the definition of inflation according to the sources I found. It doesn't matter if the cause of the inflation was the government stealing some money during the import process or if all importers suddenly decided to increase their margins, the net effect on the consumer is a broad increase in prices. Do you agree?
he's trying to pretend like there is some separate, "sans tariff" price we're going to calculate and measure for inflation. no. BLS visits stores or calls them and asks, how much does this set of goods cost right now. those are end purchase costs.
i think he's trying to spin the fact the price of goods will go up even further for the tariff, as something that should be peeled back to just the good. not if anyone anywhere here has to pay the tariff to get the thing.
and if one region has domestic stuff and another more imports, that'll average out in the BLS number.
my concern is i am not seeing all the DOGE layoffs reflected in unemployment figures.
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