Politics Thread

[paulxu]

As one economist pointed out, we still talk of trade imbalances with only goods factored in.
It's different when you take the value of services into account.

[paulxu]

Modern day Nero.

[xuphan]

Modern day Nero.

Would probably be cheaper to just buy a golf course in DC that he can go to each weekend. Amazing how much money has already been spent for this guy to go golfing each week. Thought we were concerned about government spending?

[paulxu]

Would probably be cheaper to just buy a golf course in DC that he can go to each weekend. Amazing how much money has already been spent for this guy to go golfing each week. Thought we were concerned about government spending?

Like this one?

https://www.trumpnationaldc.com/

[Muskie in dayton]

I noticed how the vast majority of these clowns at the anti-DOGE rally are a bunch of Boomers. You know, the ones who will be dead when the Government reaches insolvency without it. That generation is a bunch of leeches.

[paulxu]

So, you don't understand how insurance plans work?
You are unhappy they see the emperor has no clothes?
Or, you've finally realized trickle down only creates a national debt crisis?

[hoopster68]

I noticed how the vast majority of these clowns at the anti-DOGE rally are a bunch of Boomers. You know, the ones who will be dead when the Government reaches insolvency without it. That generation is a bunch of leeches.

MID: The "generation of leeches" that you describe did the following:

1. fought in the Vietnam war with over 59K killed, hundreds of thousands wounded
2. passed federal legislation establishing funding for the EPA (clean water), Medicaid for the poorest citizens and NAFTA with its faults!
3. improved services for veterans and Native Americans
4. evaluated scientific evidence of climate change and chose to try and alleviate its' planet-wide problems
5. dramatically changed viewpoints on women so they are now in the work force in senior/leadership positions in the armed forces, for profit and non-profit entities

So, ya whine all you want about "leeches." Your generation (which ever one is yours) will have its chance.

[xubrew]

I think I've lost about $60k in about a week or so. Now I know some of that could potentially rebound because the market ebbs and flows over time, and I also know that to some people on there that may not seem like a whole lot, but to me it's no small amount. The leader of our country has declared bankruptcy nine times and I'm starting to hear from people who are suspicious and are saying things like what he's really trying to do is drive the dollar down so he can personally borrow more money at a lower interest rate. Now I don't know exactly what that means, but when a person is suddenly losing a lot of money they're going to become more and more skeptical about EVERYTHING. I guess that's me right now.

What is the point of these tariffs and will they realistically actually work??

I'm not asking for people to sound off on Trump and for others to respond by sounding off on woke. I just want to know what the ultimate end goal here is and whether or not this will actually make things better in the long run. If it doesn't, I don't see why ANYONE would want this guy to remain in office for another day unless they are just completely brainwashed. That's the kind of thing that happens to people that get sucked into cults. They give all their money to it and continue to think it's this great and wonderful thing.

[paulxu]

I haven't read any analysis of the tariffs that seems to make economic sense.
Someone noted it may be similar to the law firms and universities. It's a dominance negotiating ploy.
In those cases, threaten to take away funding unless they kowtow to your personal wishes.
Here it appears to be, put a tariff on everyone and let them come begging for an exception/waiver. Will make the faithful think you are great.

[XU_Lou]

Blind leading the blind. Incredibly shallow analysis. i hope Brew does a little more digging...