Haven't seen this posted - Financial news
- Thread starter MSUDAWGFAN
- Start date
- Status
Oh God.
I knew this was coming. When the tariffs were introduced, it was all Trump. Now it's Biden? Get your head out of your ***.
No, you totally missed the point. It’s way too early to tell what Trump’s policies are going to result in. He hasn’t been in office 6 months yet. The tariffs haven’t even impacted yet for the most part. Nor have a whole host of other things The economy we have now is still a hangover from Biden. Over the next 18 months we will see what Trump’s impact is. It could be good or bad, but drawing any concrete conclusions now is incredibly stupid. I have suspicions about where we are headed, but those are just that, suspicions. I don’t KNOW what the results will be, and neither does anyone else…not yet. An observation: TDS works both ways.
No, you missed the point where I said you were full of it.
If that's the case then go back and take back all of the preshitting you were doing on Trump on "liberation day" because it's really Bidens fault.
To prove you are wrong, just think about it: withing 3 months of Biden taking office, inflation had ready spiked. Within 3 months lf Trump taking office, he had inflation lower than Biden has his whole term. That isn't a coincidence.
We will see how it ends up, but so far Trumps time in office has been much better than you or the media has said it would.
I am thanks to these economic numbers brought to you by the letter T.
And also us beating Northeastern. And Mississippi losing to Murray.
And just like that...all the concerns over debt and deficits are gone. Poof. Where are my DOGE dividends damnit?!
Are you genuinely unaware of global inflation during the time you are referring to? It was global, as in across the world.
It seems like context isn't your strong suit.
All three get their checks in quickly for ad space. They will also pay more.
On paper, I'm down $20K on my investments because I rode that horse called Lily (LLY) to long. It's fundamentals are still sound so I'll do what I always do, sit on my hands and let the storm pass.
My 2 Euros: People are too quick to use slogans and bumpersticker ready phrases and there really are a two groups, one emotionally opposed to Trump and one emotionally loyal to him and see him as America's savior and will defend him above all. I see that on here.
"Europeans hate Americans": Some do most don't. Europe is awesome, an adult playground. I likely hear more from my fellow Americans about how awful Europe is than vice versa. Europe isn't socialist either. I rarely get treated poorly and I don't hide the fact that I'm American. Europeans I've talked to, a tiny, tiny group, are genuinely shocked at what's going on in America. They aren't crazy lefties. They think Trump is too old, he lies constantly, he sounds ignorant and can't seem to complete sentences and thoughts. They don't understand why he hates Europe and seems to favor Russia. They think he's a bully. They don't like AfD and said they are willing to pay more for Nato but they, like Americans, don't control what politicians do (we get to vote on tariffs, right?). Some are saying they'd be happy to take our scientists and hope they move here (I'm in Europe now). I see a little Euro nationalism going on now, an emphasis on being European and pride in being European. It's like what happened in Canada after Trump said they should become part of America, something I personally think is just dumb and bizarre. FYI, despite what you might hear on talk radio of some news channels, Europe is really white except for some parts.
"Europeans hate Americans": Some do most don't. Europe is awesome, an adult playground. I likely hear more from my fellow Americans about how awful Europe is than vice versa. Europe isn't socialist either. I rarely get treated poorly and I don't hide the fact that I'm American. Europeans I've talked to, a tiny, tiny group, are genuinely shocked at what's going on in America. They aren't crazy lefties. They think Trump is too old, he lies constantly, he sounds ignorant and can't seem to complete sentences and thoughts. They don't understand why he hates Europe and seems to favor Russia. They think he's a bully. They don't like AfD and said they are willing to pay more for Nato but they, like Americans, don't control what politicians do (we get to vote on tariffs, right?). Some are saying they'd be happy to take our scientists and hope they move here (I'm in Europe now). I see a little Euro nationalism going on now, an emphasis on being European and pride in being European. It's like what happened in Canada after Trump said they should become part of America, something I personally think is just dumb and bizarre. FYI, despite what you might hear on talk radio of some news channels, Europe is really white except for some parts.
If it wasn’t for the US, they would all be speaking German or Russian.
Just be glad that Kamala didn’t get in.
The Democrat plan of Tax on unrealized gains would have been catastrophic to anyone with financial assets or owned a house.
The Democrat plan of Tax on unrealized gains would have been catastrophic to anyone with financial assets or owned a house.
So it's just a coincidence that inflation couldn't come down under Biden but a few months in under Trump, it does? And somehow Trump gets the blame and Biden gets the credit.
As I pointed out, when liberation day happened you were all so quick to point to Trump and say it's his fault. Then, no more than 2 months later, economic data comes in and its Biden.
Seems legit.**
Seems like you are the one that doesn't understand evidence based data.
I don’t think it’s been long enough to see how tariffs will or will not mess with inflation. Many companies just now jacked up their prices in the last two weeks so it hasn’t been long enough to digest that yet.
And again I will say I think some companies justify raising their prices under the excuse of tariffs just because they can like many did during Covid. Some do legitimately feel the crunch because of what they deal with comes from overseas.
And again I will say I think some companies justify raising their prices under the excuse of tariffs just because they can like many did during Covid. Some do legitimately feel the crunch because of what they deal with comes from overseas.
Ask them what they thought about Biden. Ask them if he could complete a sentence. Ask them if he lies constantly.
I’ve seen “tariff” price increases from a large supplier. I’ve also gotten calls from their competitors saying “I’ve heard so and so is rolling out increases? We’d like to help you save money”
Inflation did come down under Biden.
You are operating under incorrect information.
Biden sucked in many ways, but blaming global inflation on him is dumb. The US even fared better than many western established countries.
It is similarly dumb to claim Trump crashed the stock market in 2020, since that too was a global event. That would have happened regardless of who was president.
Again, context is key.
Criticism surrounding 'Liberation Day' was mostly about how absurd and performative it was. Things like...
- the chart.
- tariffing uninhabited islands because the list was run thru an LLM and not actually created by humans over time.
- tariff amounts that were a straight up lie.
- the continued lie about a trade deficit and a subsidy being the same.
Markets plummeted because of his haphazard and unjustifiable tariff war. Markets recovered because he pulled back on tariffs.
This has rinse and repeated a few times now since early February - Trump goes overboard, markets drop, Trump pulls back, markets improve, Trump claims he pulled back as a negotiation, Trump then threatens more tariffs, markets do nothing because they are confused, Trump half the time follows thru, markets drop when he does, Trump threatens to enact tariffs that had been set aside, markets do nothing because they are confused, markets improve because nothing happened.
There is reason for his TACO nickname when it comes to tariff fights over the last 4 months.
^ that is why I have complained about Trump's Liberation Day performance, and many others are similar.
You seem to be confusing market performance with the economy. It's super common on SPS.
- Inflation is an economic indicator.
- Liberation Day was a performance that impacted markets, despite the claim that it was an economic decision.
- Liberation Day, as an economic 'policy' is too new to declare a success or failure.
Hey fellow MSU fan. We played a baseball game last night. Any thoughts on that???
Someone go check on the squad. They seem to be MIA. They’ve been real active in most economic threads lately. Must be hungover from celebrating our baseball victory.
He will sleep easier because we have a President. Biden was gone after one year and the US was run by committee with Obama calling the shots.
- I don't follow MSU baseball. By the sound of things on here. That's for the best.
- I saw 2 innings last night. It was cool.
- look thru myast few weeks or whatever of posting history and you can see I comment plenty on sports.
- I didn't start this thread and didn't join in until late. Go criticize the person who started it and those who posted before me.
Ya'll still think I'm a Democrat don't you. I agree on Biden, except I don't think it was Obama. It was whoever was in control of Obama.
Now now L4, if you don’t agree 100% with Trump that makes you a far left socialist.**
Inflation only started coming down under Biden when the Democrats lost complete control of both the House and the Senate. The massive uncontrolled spending that spiked inflation could not continue with a split Congress. So if you want to give Biden credit for that, that's fine. But let's get real here - inflation never got to the target Fed rate of 2%. It was always stubbornly a little above 3%. That's what I was referring to. It was that way for quite some time.
Trump took over and has an energy policy using oil, coal, and all of the above. Biden promised to end fossil fuel usage which increases inflation. Yet, you criticize Trump for moves that have resulted in good economics and I don't recall you criticizing Biden for implementing policies that helped drive gas to above $5 a gallon in many places. Yet you were so quick to criticize Trump for tariffs (and still seem to be - at least you haven't given him credit that I've seen for these positive economic results)
I mentioned that Biden was a lot like Trump. He's old, he had cognitive deficits, he often said whatever popped into to his head and he lied a lot. They wondered why we elect people in their late 70s instead of younger Americans. Also Biden never attacked an insulted Europeans or Canadians, though. I had one guy today mention that he wants to come to America but has heard how some travelers have been treated poorly so he'll wait. There really is a difference between Biden and Trump and the "but what about Biden" response doesn't work well. I think Republicans can do better than "at least he's not Biden." That's really low bar. There are Europeans who are critical of America but they realize that America tends to have its shite together. They're concerned about that now.
You might want to look up US oil production by year before you rant on the Biden administration being anti fossil fuels.
You should have just taken your L on this one and moved on.
I didn't like Biden but I survived. I don't like Trump but I'll survive. Both are everything you said but I would still take either of them over Kamala Harris and there in lies the problem......we're voting far too much for the lesser of two evils instead having a real choice to make.
If he understood that he wouldn't be glfr.
Yeah, that's because we actually have almost no control over what the parties throw out there for us to choose from. Trump's got all kind of issues, but both sides of the establishment hate him and that makes his election incredibly historic for the country.
You may not like it but its accurate- ***** about those who start and also participate in these threads.
Last edited:
You got dunked on. End of story.
Anyway, you bragged about your recent increase of posting on non-political threads. Conversely, how many political threads have you NOT posted on during that time? I put that at zero since you can’t help yourself.
I kinda fail to see where he got dunked on but hey whatever gets your rocks off.
Its a dumbdunk attempt because it is inconsistently applied.
And that wasn't a brag by me.
I don't know how many I don't participate in because it's of 0 interest to me.
I don't track these things like others apparently do.
Back on topic-
- I am happy inflation is relatively low.
- global inflation existed a few years ago and impacted everyone regardless of party, political position, or country's economic approach.
- I am not happy we seem to all have to sit thru a roller coaster of tariff threats and concessions as a way to have low inflation.
Last edited:
- Status