Trump 47 Economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:S&P 500 is at an all time high today. Too bad I sold all my stocks and put everything in California municipal bonds in early April because this board was freaking me out. Guess I can’t retire now.

I thought the tariffs were going to tank the economy and we were going to be eating zoo animals now?! What happened?!

Oh, TACO right?

The same PP with the same repeated comments about how the market is so high now or their 401k at an all time high, ignoring that because of Trump, it is only now getting back to where it was 6 months ago before he took office. Which yes, finally means an all time high. Meanwhile our trade partners are still wary of doing business with us and made stronger partnerships among themselves.

The stock market is not everything. Repatriating American businesses, growing manufacturing jobs, and lining our coffers with tariff money to support spending and tax cuts is a good thing. I supported Biden when he was implementing tariffs on China and repatriating businesses with the CHIPS Act and I support this too. So do a lot of unions. You remember unions, DCUM “Democrats”? The people who the 20th Century Democratic Party fought for? I still do and I haven’t wavered.

I was told the economy would crater and we’d be eating giraffes and water buffalo and government cheese by now because of his tariffs. What happened? After a certain point when you’re wrong and hyperventilate about EVERYTHING people tend not to trust you.

But he has not actually implemented the tariffs he would said to, so... Not sure your point? He has chickened out every single time. Yes, our economy is doing vetter because he has held off in implementing what he said he would, so I guess, thank you Trump for the Uturn.

We received $75B in tariff revenue so far. What are you talking about? Do you just read MSNBC headlines all day? Are you completely oblivious to anything outside of your curated bubble?

"we" didn't receive anything.
The American public has paid $75B in tariff fees over and above their taxes.

[Anonymous]

The Fed has indicated the tariffs have only downside risk for the economy, no upside. Watch Chairman Powell's testimony today.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:S&P 500 is at an all time high today. Too bad I sold all my stocks and put everything in California municipal bonds in early April because this board was freaking me out. Guess I can’t retire now.

I thought the tariffs were going to tank the economy and we were going to be eating zoo animals now?! What happened?!

Oh, TACO right?

The same PP with the same repeated comments about how the market is so high now or their 401k at an all time high, ignoring that because of Trump, it is only now getting back to where it was 6 months ago before he took office. Which yes, finally means an all time high. Meanwhile our trade partners are still wary of doing business with us and made stronger partnerships among themselves.

The stock market is not everything. Repatriating American businesses, growing manufacturing jobs, and lining our coffers with tariff money to support spending and tax cuts is a good thing. I supported Biden when he was implementing tariffs on China and repatriating businesses with the CHIPS Act and I support this too. So do a lot of unions. You remember unions, DCUM “Democrats”? The people who the 20th Century Democratic Party fought for? I still do and I haven’t wavered.

I was told the economy would crater and we’d be eating giraffes and water buffalo and government cheese by now because of his tariffs. What happened? After a certain point when you’re wrong and hyperventilate about EVERYTHING people tend not to trust you.

But he has not actually implemented the tariffs he would said to, so... Not sure your point? He has chickened out every single time. Yes, our economy is doing vetter because he has held off in implementing what he said he would, so I guess, thank you Trump for the Uturn.

We received $75B in tariff revenue so far. What are you talking about? Do you just read MSNBC headlines all day? Are you completely oblivious to anything outside of your curated bubble?

"we" didn't receive anything.
The American public has paid $75B in tariff fees over and above their taxes.

Not to mention, revenue doesn't account for expenditures, which for the US has meant the loss of the value of the dollar, our trade partners making deals amongst themselves, major job loss in the US, and more. Looking at this supposed tariff revenue in isolation is utterly idiotic.

[Anonymous]

Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

[Anonymous]

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

Look at all that extra money US citizens paid for basic goods!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

Look at all that extra money US citizens paid for basic goods!

It's being absorbed by the other countries that don't want to lose market share. Inflation atca 4 year low

[Anonymous]

Anonymous wrote:

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

Look at all that extra money US citizens paid for basic goods!

I'm anti tariff, but it is absolutely true that depending on the scale and structure of a sales tax, the degree to which it is absorbed by producers, distributors, retailers, and consumers varies. A 10% tariff may largely be absorbed by the producers and distributors, whereas that isn't possible for a 50% tariff. We'll see how things go.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

Look at all that extra money US citizens paid for basic goods!

I'm anti tariff, but it is absolutely true that depending on the scale and structure of a sales tax, the degree to which it is absorbed by producers, distributors, retailers, and consumers varies. A 10% tariff may largely be absorbed by the producers and distributors, whereas that isn't possible for a 50% tariff. We'll see how things go.

Thank you. You are a complete partisan idiot if you think tariffs are paid 100% by the American consumer.

I was for tariffs when Biden implemented them on China and I am for them now. Tariffs are historically a thing that Union loving Dems do to support American manufacturing. I’ve been a Dem my whole life and my grandparents were in unions and it changed my family’s trajectory. I have been pro union, pro tariff, and anti country club Republicans my whole life. I’m not going to pretend they’re a bad idea now and repeat free market conservative rhetoric even if it’s regurgitated by NPR or some DNC talking head.

[Anonymous]

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

I thought they weren’t implemented yet. Please tell PP and get your talking points in order.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

Look at all that extra money US citizens paid for basic goods!

I'm anti tariff, but it is absolutely true that depending on the scale and structure of a sales tax, the degree to which it is absorbed by producers, distributors, retailers, and consumers varies. A 10% tariff may largely be absorbed by the producers and distributors, whereas that isn't possible for a 50% tariff. We'll see how things go.

Thank you. You are a complete partisan idiot if you think tariffs are paid 100% by the American consumer.

I was for tariffs when Biden implemented them on China and I am for them now. Tariffs are historically a thing that Union loving Dems do to support American manufacturing. I’ve been a Dem my whole life and my grandparents were in unions and it changed my family’s trajectory. I have been pro union, pro tariff, and anti country club Republicans my whole life. I’m not going to pretend they’re a bad idea now and repeat free market conservative rhetoric even if it’s regurgitated by NPR or some DNC talking head.

Tariffs are fine when done sparingly. There are magnitudes of scale here though thankfully, Trump did not actually implement what he intended.

-Unionized worker

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

Look at all that extra money US citizens paid for basic goods!

I'm anti tariff, but it is absolutely true that depending on the scale and structure of a sales tax, the degree to which it is absorbed by producers, distributors, retailers, and consumers varies. A 10% tariff may largely be absorbed by the producers and distributors, whereas that isn't possible for a 50% tariff. We'll see how things go.

Thank you. You are a complete partisan idiot if you think tariffs are paid 100% by the American consumer.

I was for tariffs when Biden implemented them on China and I am for them now. Tariffs are historically a thing that Union loving Dems do to support American manufacturing. I’ve been a Dem my whole life and my grandparents were in unions and it changed my family’s trajectory. I have been pro union, pro tariff, and anti country club Republicans my whole life. I’m not going to pretend they’re a bad idea now and repeat free market conservative rhetoric even if it’s regurgitated by NPR or some DNC talking head.

Tariffs are fine when done sparingly. There are magnitudes of scale here though thankfully, Trump did not actually implement what he intended.

-Unionized worker

Totally agree. But those of us who don’t live our lives in constant cable news induced fear, hysteria, and hyperbole knew the tariff rollout was just a pump fake and a negotiating tactic and were never going to be codified. People were acting like it was going to be the start of the Great Depression on here while some us had a more measured and stable outlook based on Trump’s habit of always leading with something outlandish before dialing it back later.

Again, I didn’t vote for him, but I don’t need to be on anti anxiety meds either.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

I thought they weren’t implemented yet. Please tell PP and get your talking points in order.

Trump has proposed hundreds of tariffs. Some of the are in place already and most of them are not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Tariff revenue is up because of the 10% tariffs Trump put into place. That's a tax hike on American consumers.

https://www.npr.org/2025/06/09/nx-s1-5425444/trump-tax-tariff-revenue-manufacturing-businesses

Look at all that extra money US citizens paid for basic goods!

I'm anti tariff, but it is absolutely true that depending on the scale and structure of a sales tax, the degree to which it is absorbed by producers, distributors, retailers, and consumers varies. A 10% tariff may largely be absorbed by the producers and distributors, whereas that isn't possible for a 50% tariff. We'll see how things go.

Thank you. You are a complete partisan idiot if you think tariffs are paid 100% by the American consumer.

I was for tariffs when Biden implemented them on China and I am for them now. Tariffs are historically a thing that Union loving Dems do to support American manufacturing. I’ve been a Dem my whole life and my grandparents were in unions and it changed my family’s trajectory. I have been pro union, pro tariff, and anti country club Republicans my whole life. I’m not going to pretend they’re a bad idea now and repeat free market conservative rhetoric even if it’s regurgitated by NPR or some DNC talking head.

Tariffs are fine when done sparingly. There are magnitudes of scale here though thankfully, Trump did not actually implement what he intended.

-Unionized worker

Totally agree. But those of us who don’t live our lives in constant cable news induced fear, hysteria, and hyperbole knew the tariff rollout was just a pump fake and a negotiating tactic and were never going to be codified. People were acting like it was going to be the start of the Great Depression on here while some us had a more measured and stable outlook based on Trump’s habit of always leading with something outlandish before dialing it back later.

Again, I didn’t vote for him, but I don’t need to be on anti anxiety meds either.

1. Fox News is the main cable news station for the people who actually watch the news.
2. I assumed the tariff impact would be long term unless drastic. As Trump did not do what he said he would do, and we still do not actually know what he will do, it is still too early. There are signs it is not great for the US such as the weakening of the US dollar, companies that closed plants, our trade partners strengthening trade partnerships that leave the US out because Trump's approach legitimately makes us appear untrustworthy and unstable (see again, weakening of US dollar).
3. Little thing, but I am still annoyed and appalled at his yoyo approach to add them, and deliberate tweeting to buy the dip. There was a day of utter chaos anl couple months ago where they appeared to test the market response to repealing extreme tariffs by floating a rumor about their repeal, claiming it was fake, then doing exactly that It is just corrupt effed up sh*t that you know Trump supporters would flip and froth at if it was a Democratic president doing it. Maybe one day we can get back to all being appalled at appalling corrupt behavior regardless of who it is? O can't even get into the crypto thing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The tariffs haven't started yet. So if course we haven't seen the full impacts. If trump is smart (which he isn't) he will dump the policy. The DOW would go up 2,000 points immediately.

It is almost July. We have collected $75 billion in tariff revenue so far, according to Politico.

https://www.politico.com/interactives/2025/trump-tariff-income-tracker/

The United States has generated $75.7 BILLION this year from tariffs as of JUNE 23, the latest data available — 86.7% MORE than the same time last year.

You are wrong. We can all use the internet. Stop lying.

Yes. And every month the federal government receives billions in withholding from taxpayers paychecks. That $75 billion is from the same source: taxpayers.

[Anonymous]

U.S. economy shrank 0.5% between January and March, worse than earlier estimates revealed


I can't wait to see the revised 2Q numbers....and this is with the cooked books.