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The Trump Tariffs: Economic War
Demoted replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
Love this movie! -
A CBS report said something about Loomer saying those guys are neocons and/or not being totally in line with Trump. I don’t know anything about any of them. I know I wouldn’t take guidance from her. Personality aside, this seems like a U.S. person, who is not in an official capacity, collecting information on other U.S. persons wherein that information is used for vetting. There’s actually a more professionalized process that I don’t think she is trained/certified in.
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Yeah that’s pretty F’d up. I’ll look up the NSC thing later.
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The Trump Tariffs: Economic War
Broken Ankles replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
A little humor courtesy of Chat GPT, not my own. This is Bill Pullmans speech from Independence Day with the subject changed to the topic of Tariffs. Today, we stand not on the brink of annihilation, but on the verge of economic rebirth. For too long, our industries have been under siege, our workers forgotten, our markets flooded. But today—today, we declare our economic independence! We will not go quietly into the shadows of global exploitation! We will not vanish under the weight of unfair trade deals! We will fight for every steelworker, every farmer, every small business that has been pushed aside. Today, we reaffirm what makes this country great—its resilience, its determination, its unwavering spirit. This is not just another day. This is the day we reclaim our sovereignty! This is the day we stand up and say, “No more!” This is our Liberation Day! Not sure what happens but as LGR mentions above, stagflation is most likely. I feel sad I’m making money off this nonsense but in the Supply Chain industry it’s crazy right now. My biggest opportunities are global customers who have leveraged our US based warehouses to fulfill into Canada. But after Don-John chased away a little loophole known as Drawback, we are inundated with customers clamoring for space in our Canadian warehouse and FTZ’s. Drawback was a way to recoup the cost of the duties and taxes if delivered to the US then shipped to another country. It ended in February. So now any goods brought to the US for distribution and then exported still requires the tariffs to be paid. A simple cost benefit shows that incremental costs to ship directly to Canada and higher fees for warehousing in Ontario and avoiding 10, 20, 34 and 48% (Vietnam) tariffs makes way more sense. DJT could arbitrarily end these while these customers are in the middle of implementing changes. Or if you stay on the sidelines too long, there might be no space or much higher costs due to demand and you could be out millions of dollars in taxes that could have been avoided. Ocean, Warehousing and Transportation is boring AF, but lately it’s got some juice. For my US warehouses, losing the Export business coupled with higher prices on products manufactured in Asia means fewer blue collar workers to receive and ship. Recession seems almost unavoidable if they are not lifted. -
Broken Ankles joined the club
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The Trump Tariffs: Economic War
LGR4GM replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
Tariff rates were calculated by taking the trade deficit we had with a country and dividing it by exports. It's so ***** stupid it almost defies logic. These ppl are stupid. -
The Trump Tariffs: Economic War
K-9 replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
There is simply no end to the BS Trump pulls out of his a$$. Trillions of dollars. Laughable. -
WNY saw a 14% decline in Canadian crossings in February and officials here are worried about what the data will show for March. It is estimated that a 10% loss in Canadian tourism could coats $2.1b in revenues and upward of 14,000 jobs. I think it’s gonna be much more than a 10% as the numbers roll in month to month.
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The Trump Tariffs: Economic War
LGR4GM replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
Fox "News" doing a full court press right now to convince their flock that this won't drastically raise prices and devastate them. It's just the propaganda arm of the Trump regime. -
The Trump Tariffs: Economic War
Demoted replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
The only people to ever make money during recessions are usually the extremely rich b.c the working class still needs to live themselves and purchase items the billionaire control. -
The Trump Tariffs: Economic War
LGR4GM replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
Stock futures are plummeting. Stagflation is the most likely outcome, followed by massive recession. The wealthy won't feel any of this and don't care. This is trumps let them eat cake moment. -
The Trump Tariffs: Economic War
Demoted replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
Say the tariff is 25%, the companies will add a 30% boost on the item that you will buy. So they will make lots of money off this and the working class will be the ones paying them. Also soon to come the tax breaks for the rich with tax increases for the working class. -
The Trump Tariffs: Economic War
LGR4GM replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
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The Trump Tariffs: Economic War
K-9 replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
Uninformed, lying sacks of crap. All of them. -
The Trump Tariffs: Economic War
LGR4GM replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
This ... I won't call it news, so this story here is what Propaganda looks like. You will notice there is almost no explanation of what tariffs are or how they actual function. In fact they quote Navarro claiming tariffs will bring in 600 billion a year even though, that is easily dispelled by anyone who's not a lickspittle carrying water for trumps disastrous economic policies. Here there is evidence that it will raise maybe 250 billion in revenue https://budgetlab.yale.edu/research/fiscal-economic-and-distributional-effects-20-broad-tariff and here is another paper saying tariff rates would need to be massively higher https://www.intereconomics.eu/contents/year/2024/number/4/article/trump-s-2025-tariff-threats.html to raise what Trump claims they will. Note, this doesn't include the damage done to every day Americans. There is no counter point to break the narrative that is being supplied by the White House, but instead only the rose colored quotes from the President and either his press secretary or others in the administration. In fact most of the quotes in this piece come from those people talking to Fox reporters in other venues or "safe spaces" where what they say goes unchallenged. There is not explanation about the retaliatory tariffs that could impact ppl. My favorite part is where they openly admit that the plan for today is shrouded in mystery, so they are just vomiting what they are told with no ideas at all. They also quote Trump talking about how these countries will negotiate so they won't get tariffs without any sort of pushback... such as this https://www.usatoday.com/story/news/politics/2025/04/01/tariffs-trump-markets-economy-live-updates/82741953007/ or this https://www.cnn.com/2025/03/28/business/canada-tariffs-carney-trump-retaliaton/index.html or this https://apnews.com/article/eu-tariffs-trump-reciprocal-liberation-us-von-der-leyen-f840e2963db21508937e644e3cb6d974. Finally at the end we have a long segment about why they picked "liberation" day and make it sound like some great freedom from oppression has come. This shouldn't come as a surprise because the author of the piece is a right wing hack who used to work for the daily caller. But if you need an example, here you go. Propaganda. https://www.foxnews.com/politics/what-liberation-day-what-expect-april-2 -
The Trump Tariffs: Economic War
LGR4GM replied to LGR4GM's topic in The Oval Office (Politics)'s Topics
This is such a stupid response full of the ignorant, arrogant, and otherwise boastful stupidity that is Donald Trump: -
Disgusting. Elections are a farce in his country and not because of the bull$hit, non-existent mass “voter fraud” that the GOP insists always occurs when they lose (funny how it’s never when they win). Instead, elections are a farce because they are blatantly bought by the very rich who expect favors in return. And Citizens United open the floodgates for all sorts of dark money to be funneled to elections from foreign entities, with Russia being the worst. The principle of “one person, one vote”, the cornerstone of our representative democracy, has been rendered meaningless. But to actually purchase votes for a million dollars from individual voters raises it to a whole new level corruption.
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Elon Musk tried to take down video that has Ekaterina Deistler saying she was paid for her vote.
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Elons Millions couldn't change the fact that MAGA is falling apart.