The economy was going in the right direction: full employment, dropping inflation rates, retirement accounts gaining value. This is a genuine question and not an argument: Why was it necessary for President Trump to upend that?
You've been lied to about the economy.
We're $36 trillion in debt with unsustainable spending.
If this isn't fixed the country is absolutely screwed.
Thanks for your civil reply, and agreed that at some point the debt will simply be unsustainably large.
What I don't see is how President Trump's inconsistent actions to date and the resulting chaos in planning and investment were the necessary approach to solving the debt problem.
Remember Trump's promise of no more endless wars and slashing the defense budget by 50%? So much for that. Trump is asking for a record 1 trillion defense budget and has more B2 bombers deployed to the Persian Gulf theater (Changos Islands, which is a hop and a skip away from Iran for a long range bomber like the B2) than at any other time in US history. I have said it from the beginning of Trump's term. He is going to go to war with Iran.
We're $36 trillion in debt with unsustainable spending.
If this isn't fixed the country is absolutely screwed.
Thanks for your civil reply, and agreed that at some point the debt will simply be unsustainably large.
What I don't see is how President Trump's inconsistent actions to date and the resulting chaos in planning and investment were the necessary approach to solving the debt problem.
“If this isn’t fixed the country the country is absolutely screwed.” Although not everyone agrees with this as strongly as you believe it, I think we can accept the premise and work from there.
For fun, how about a factory metaphor? A factory has outdated, rusty, creaky machinery, but it still churns out its goods. The addled, complacent owner says, “I don’t have to do anything.”
Still, an employee of the factory calls a consultant named Eddy, and Eddy says, “If you don’t fix this, you’re screwed.”
Factory owner decides to stand pat for the moment.
Eddy says, “Someone has to do something. Time’s a-wasting!”
So one guy goes in and throws a wrench into the works, and part of the machinery grinds to a halt.
Then a monkey follows the guy in and flings feces at the broken machinery.
You can decide for yourself whether Navarro or Trump was the guy with the wrench and which chose the other means of intervening, but their decision to do something doesn’t necessarily fix the problem.
We're $36 trillion in debt with unsustainable spending.
If this isn't fixed the country is absolutely screwed.
Thanks for your civil reply, and agreed that at some point the debt will simply be unsustainably large.
What I don't see is how President Trump's inconsistent actions to date and the resulting chaos in planning and investment were the necessary approach to solving the debt problem.
At some point?
The interest alone on the debt costs over a TRILLION dollars a year and the Democrats riot if Trump tries to fire temporary government employees or cut anything at all...
We are well past unsustainability.
Stop focusing on the emotions and temporary pain and think about the future.
Thanks for your civil reply, and agreed that at some point the debt will simply be unsustainably large.
What I don't see is how President Trump's inconsistent actions to date and the resulting chaos in planning and investment were the necessary approach to solving the debt problem.
“If this isn’t fixed the country the country is absolutely screwed.” Although not everyone agrees with this as strongly as you believe it, I think we can accept the premise and work from there.
For fun, how about a factory metaphor? A factory has outdated, rusty, creaky machinery, but it still churns out its goods. The addled, complacent owner says, “I don’t have to do anything.”
Still, an employee of the factory calls a consultant named Eddy, and Eddy says, “If you don’t fix this, you’re screwed.”
Factory owner decides to stand pat for the moment.
Eddy says, “Someone has to do something. Time’s a-wasting!”
So one guy goes in and throws a wrench into the works, and part of the machinery grinds to a halt.
Then a monkey follows the guy in and flings feces at the broken machinery.
You can decide for yourself whether Navarro or Trump was the guy with the wrench and which chose the other means of intervening, but their decision to do something doesn’t necessarily fix the problem.
What you don't get is that the democrats are the feces in your analogy.
“If this isn’t fixed the country the country is absolutely screwed.” Although not everyone agrees with this as strongly as you believe it, I think we can accept the premise and work from there.
For fun, how about a factory metaphor? A factory has outdated, rusty, creaky machinery, but it still churns out its goods. The addled, complacent owner says, “I don’t have to do anything.”
Still, an employee of the factory calls a consultant named Eddy, and Eddy says, “If you don’t fix this, you’re screwed.”
Factory owner decides to stand pat for the moment.
Eddy says, “Someone has to do something. Time’s a-wasting!”
So one guy goes in and throws a wrench into the works, and part of the machinery grinds to a halt.
Then a monkey follows the guy in and flings feces at the broken machinery.
You can decide for yourself whether Navarro or Trump was the guy with the wrench and which chose the other means of intervening, but their decision to do something doesn’t necessarily fix the problem.
What you don't get is that the democrats are the feces in your analogy.
Still waiting for you to correct my understanding of the study I posted yesterday. You confidently declared I didn’t understand it, but have posted zero evidence to support your asinine statement. It’s almost like you’re a complete f*cking moron that got kicked out of the army after 11 years of scrubbing toilets because you weren’t even smart enough to do that well.
What you don't get is that the democrats are the feces in your analogy.
Still waiting for you to correct my understanding of the study I posted yesterday. You confidently declared I didn’t understand it, but have posted zero evidence to support your asinine statement. It’s almost like you’re a complete f*cking moron that got kicked out of the army after 11 years of scrubbing toilets because you weren’t even smart enough to do that well.
I am tickled pink on how the markets have fallen recently. I have a ton of money at my ready and just going to gobble up all these stocks which have fallen. The markets ALWAYS go up and I am going to be making a killing soon. Sorry for the naysayers who locked in their losses. Talk to me if you need expert investment advice - pro bono.
There are a lot of people here who seem to know a lot about how awesome the President is and how awful the Democrats are, so they should be able to give us a pretty good sense of how much pain there will be and how long it will last. I’m looking to short the major market indexes tomorrow and am wondering about whether to get sector-specific and what the right exit point will be.
Never got a solid reply. Nearing a good exit point, or still plenty of time to ride this down?
Still waiting for you to correct my understanding of the study I posted yesterday. You confidently declared I didn’t understand it, but have posted zero evidence to support your asinine statement. It’s almost like you’re a complete f*cking moron that got kicked out of the army after 11 years of scrubbing toilets because you weren’t even smart enough to do that well.
I am tickled pink on how the markets have fallen recently. I have a ton of money at my ready and just going to gobble up all these stocks which have fallen. The markets ALWAYS go up and I am going to be making a killing soon. Sorry for the naysayers who locked in their losses. Talk to me if you need expert investment advice - pro bono.
In the era of an interventionist fed, trade liberalization and financialization, markets do tend to recover quite well from whatever is thrown at them. But then take a look at the markets performance from 1965 to 1982. Markets went from over 9,500 to 2,700 over the course of 16 very turbulent years of recessions and inflation (and stagflation). While there is a good chance Dems could get 2/3rds of the House and Senate in 2026 if this sh#t show does not let up and unemployment shoots up, etc., there is also a good chance that no one will be able to unring this bell and the economic consequences will reverberate for over a decade. Cheap stocks today may be tomorrow's huge returns. But they could also have bankruptcy in their future. There were lots of dips and recoveries from 65 to 82 but the trend just kept going down, down, down.
And even if things really get bad in the US, don't think that people will just sit at home quietly after they lose their jobs, cars, homes and end up bankrupt. You can fool the population with Qanon, eating the dogs, eating the cats and other lies so long as people were able to put food on the table and had big TVs with Netflix. But when things get really hard out there, people are going to want results and will turn very quickly on the people who did all this.
Remember Trump's promise of no more endless wars and slashing the defense budget by 50%? So much for that. Trump is asking for a record 1 trillion defense budget and has more B2 bombers deployed to the Persian Gulf theater (Changos Islands, which is a hop and a skip away from Iran for a long range bomber like the B2) than at any other time in US history. I have said it from the beginning of Trump's term. He is going to go to war with Iran.
Trump said "in the vicinity" of a trillion. The existing budget is already in the vicinity of a trillion.
But by all means please lose your mind over it ...
Iran can't be allowed to have nukes. He's literally in talks with Iran right now. The bombers are a show of strength. Israel already destroyed Iran's air defenses.
Parking the B2's next to Iran and making it known that the GBU-57's are ready to go is leverage.
Trump is much much much smarter than you.
Folks, the equation isn't complicated:
"Trump is much much much smarter than you" = "I dream of s***** his d*** AT LEAST nightly."
P.S.: adolt typed "GBU-57" !!! He MUST be a geostrategic genius !!!
I am tickled pink on how the markets have fallen recently. I have a ton of money at my ready and just going to gobble up all these stocks which have fallen. The markets ALWAYS go up and I am going to be making a killing soon. Sorry for the naysayers who locked in their losses. Talk to me if you need expert investment advice - pro bono.
In the era of an interventionist fed, trade liberalization and financialization, markets do tend to recover quite well from whatever is thrown at them. But then take a look at the markets performance from 1965 to 1982. Markets went from over 9,500 to 2,700 over the course of 16 very turbulent years of recessions and inflation (and stagflation). While there is a good chance Dems could get 2/3rds of the House and Senate in 2026 if this sh#t show does not let up and unemployment shoots up, etc., there is also a good chance that no one will be able to unring this bell and the economic consequences will reverberate for over a decade. Cheap stocks today may be tomorrow's huge returns. But they could also have bankruptcy in their future. There were lots of dips and recoveries from 65 to 82 but the trend just kept going down, down, down.
And even if things really get bad in the US, don't think that people will just sit at home quietly after they lose their jobs, cars, homes and end up bankrupt. You can fool the population with Qanon, eating the dogs, eating the cats and other lies so long as people were able to put food on the table and had big TVs with Netflix. But when things get really hard out there, people are going to want results and will turn very quickly on the people who did all this.
I am tickled pink on how the markets have fallen recently. I have a ton of money at my ready and just going to gobble up all these stocks which have fallen. The markets ALWAYS go up and I am going to be making a killing soon. Sorry for the naysayers who locked in their losses. Talk to me if you need expert investment advice - pro bono.
In the era of an interventionist fed, trade liberalization and financialization, markets do tend to recover quite well from whatever is thrown at them. But then take a look at the markets performance from 1965 to 1982. Markets went from over 9,500 to 2,700 over the course of 16 very turbulent years of recessions and inflation (and stagflation). While there is a good chance Dems could get 2/3rds of the House and Senate in 2026 if this sh#t show does not let up and unemployment shoots up, etc., there is also a good chance that no one will be able to unring this bell and the economic consequences will reverberate for over a decade. Cheap stocks today may be tomorrow's huge returns. But they could also have bankruptcy in their future. There were lots of dips and recoveries from 65 to 82 but the trend just kept going down, down, down.
And even if things really get bad in the US, don't think that people will just sit at home quietly after they lose their jobs, cars, homes and end up bankrupt. You can fool the population with Qanon, eating the dogs, eating the cats and other lies so long as people were able to put food on the table and had big TVs with Netflix. But when things get really hard out there, people are going to want results and will turn very quickly on the people who did all this.
And you really don't understand the markets, yes? You are only looking at the index and forgetting to include dividends which over the last 100 years have provided 40% of the total return of the S & P. But you forgot to include that in your post. Why? You aree obviously not well-versed in the stock market. Maybe stay in your lane and talk about how "Russia has infiltrated the White House. LOL.
Help us build the best running shoe review site for a chance to win a LetsRun t-shirt.Help us build the best running shoe review site for a chance to win one of 10 LetsRun t-shirts.