Trump 47 Economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just imagine the numbers for Q2 and Q3, with no foreign tourists, 250K federal workers laid off, and agriculture exports at a standstill.

“BE PATIENT!!!” 🤪

In other words, Trump is saying "be patient, the Democrat I get elected to President in 2028 because of my incompetence will fix it".

[Anonymous]

Anonymous wrote:

Anonymous wrote:Trump is such a loser. He inherited a fabulous economy that was the envy of the world. He s**t the bed with it. Thanks to the dumb Americans that voted for him.

This is just a repeat of his whole career as a "businessman." Let's review. He inherited a massive fortune from his father ($413 million in today's dollars).
Over the years, Trump's businesses have declared multiple bankruptcies (six corporate bankruptcies, especially in casinos). Fred Trump didn’t just give Donald a one-time inheritance—he propped up Donald's businesses repeatedly, both directly and indirectly, over several decades. Without those interventions, many of Donald Trump's ventures likely would have failed earlier or more severely.

Forbes and other financial analysts have argued that Donald Trump underperformed the market. If he had invested his inheritance in a simple S&P 500 index fund, he might have had far more wealth today. A 2018 NYT report suggested tax avoidance schemes and heavy reliance on his father’s financial support throughout his life, contradicting the “self-made” image.

WHO COULD HAVE KNOWN?!

He is making it all back and more by all his grifting as POTUS. People are paying him to not target their businesses. Then there’s the gimmicks with all his meme coins that he and his family get people to purchase everyday. The new sovereign fund that he will funnel through. The billion dollar free legal defense he extorted from hypocrites called big law. And let’s not forget the money he grifter and stole during his first rodeo as potus when he repeatedly violated the emollient clause by requiring people to stay at Trump hotel; secret service to pay above cost at maralago; the multi billion dollar payout from the Saudi to SIL and more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Since there is a 4 year thread on Biden's economy, we may as well get this one going.

Trump is already undermining the markets and the economy that Biden had produced in the wake of COVID and the related supply chain issues.

Trump is promising to bring down inflation, continue to grow the markets and protect American companies with tariffs.

He is already saying he will exempt Apple and Tesla from tariffs (because the bribes are too hard to pass up)

Trump will have little control over what we'll see out of the economy over the next four years. Our economy is a very huge ship that turns very slowly. The only things Trump and Biden have done that have had a noticeable impact on the economy is fueling inflationary pressures with all the Covid rescue dollars they pumped into the economy in 2020 and 2021. Neither Trump or Biden has ever done anything that has had a noticeable impact on the economy in a manner most Americans would consider helpful.

If we are entering a recession the timing is good for Trump. The natural business cycle would have us coming out of it before the midterms, and a significant "boom" in time for 2028. But who knows really.

The problem is this is not part of the "natural business cycle." Trump is forcing a recession with his chaotic approach. This is entirely a self-own. Four years is a long time for him to climb out of it, but hard to imagine how any of these policies lead to real economic growth

[Anonymous]

Typical Trump: it's always someone else's fault or there's some conspiracy.

We see you, you weaponized plum.

[Anonymous]

Trump on China: "They made a trillion dollars with Biden selling us stuff. Much of it we don't need. Somebody said, 'oh, the shelves are gonna be open.' Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."


This will make great optics for Trump opponents.

[Anonymous]

Anonymous wrote:Trump on China: "They made a trillion dollars with Biden selling us stuff. Much of it we don't need. Somebody said, 'oh, the shelves are gonna be open.' Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."


This will make great optics for Trump opponents.

It’s so weird to hear Trump talk like the lady who wrote the tight wad gazette. This stuff is so anti-consumerist and very much of the other side of the political aisle.

He’s not wrong on the dolls. But in terms of the pharmaceutical products, I’m a little more concerned.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Since there is a 4 year thread on Biden's economy, we may as well get this one going.

Trump is already undermining the markets and the economy that Biden had produced in the wake of COVID and the related supply chain issues.

Trump is promising to bring down inflation, continue to grow the markets and protect American companies with tariffs.

He is already saying he will exempt Apple and Tesla from tariffs (because the bribes are too hard to pass up)

Trump will have little control over what we'll see out of the economy over the next four years. Our economy is a very huge ship that turns very slowly. The only things Trump and Biden have done that have had a noticeable impact on the economy is fueling inflationary pressures with all the Covid rescue dollars they pumped into the economy in 2020 and 2021. Neither Trump or Biden has ever done anything that has had a noticeable impact on the economy in a manner most Americans would consider helpful.

If we are entering a recession the timing is good for Trump. The natural business cycle would have us coming out of it before the midterms, and a significant "boom" in time for 2028. But who knows really.

The problem is this is not part of the "natural business cycle." Trump is forcing a recession with his chaotic approach. This is entirely a self-own. Four years is a long time for him to climb out of it, but hard to imagine how any of these policies lead to real economic growth

+1 Trump is a human pandemic, a subprime mortgage made flesh.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Since there is a 4 year thread on Biden's economy, we may as well get this one going.

Trump is already undermining the markets and the economy that Biden had produced in the wake of COVID and the related supply chain issues.

Trump is promising to bring down inflation, continue to grow the markets and protect American companies with tariffs.

He is already saying he will exempt Apple and Tesla from tariffs (because the bribes are too hard to pass up)

Trump will have little control over what we'll see out of the economy over the next four years. Our economy is a very huge ship that turns very slowly. The only things Trump and Biden have done that have had a noticeable impact on the economy is fueling inflationary pressures with all the Covid rescue dollars they pumped into the economy in 2020 and 2021. Neither Trump or Biden has ever done anything that has had a noticeable impact on the economy in a manner most Americans would consider helpful.

If we are entering a recession the timing is good for Trump. The natural business cycle would have us coming out of it before the midterms, and a significant "boom" in time for 2028. But who knows really.

The problem is this is not part of the "natural business cycle." Trump is forcing a recession with his chaotic approach. This is entirely a self-own. Four years is a long time for him to climb out of it, but hard to imagine how any of these policies lead to real economic growth

+1 Trump is a human pandemic, a subprime mortgage made flesh.

lol
But I love the irony of his demand that people be patient. For how many decades??

[Anonymous]

Anonymous wrote:

Anonymous wrote:Trump on China: "They made a trillion dollars with Biden selling us stuff. Much of it we don't need. Somebody said, 'oh, the shelves are gonna be open.' Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."


This will make great optics for Trump opponents.

It’s so weird to hear Trump talk like the lady who wrote the tight wad gazette. This stuff is so anti-consumerist and very much of the other side of the political aisle.

He’s not wrong on the dolls. But in terms of the pharmaceutical products, I’m a little more concerned.

“Let them eat cake”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Since there is a 4 year thread on Biden's economy, we may as well get this one going.

Trump is already undermining the markets and the economy that Biden had produced in the wake of COVID and the related supply chain issues.

Trump is promising to bring down inflation, continue to grow the markets and protect American companies with tariffs.

He is already saying he will exempt Apple and Tesla from tariffs (because the bribes are too hard to pass up)

Trump will have little control over what we'll see out of the economy over the next four years. Our economy is a very huge ship that turns very slowly. The only things Trump and Biden have done that have had a noticeable impact on the economy is fueling inflationary pressures with all the Covid rescue dollars they pumped into the economy in 2020 and 2021. Neither Trump or Biden has ever done anything that has had a noticeable impact on the economy in a manner most Americans would consider helpful.

If we are entering a recession the timing is good for Trump. The natural business cycle would have us coming out of it before the midterms, and a significant "boom" in time for 2028. But who knows really.

The problem is this is not part of the "natural business cycle." Trump is forcing a recession with his chaotic approach. This is entirely a self-own. Four years is a long time for him to climb out of it, but hard to imagine how any of these policies lead to real economic growth

+1 Trump is a human pandemic, a subprime mortgage made flesh.

lol
But I love the irony of his demand that people be patient. For how many decades??

I love PP’s suggestion that we need to be patient and wait for a Democratic administration to clean up the GOP mess like always.

[Anonymous]

Anonymous wrote:FWIW, the rest of the industrialized world announced positive GDP for the first quarter, so this isn't a global thing the way inflation was after COVID.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:FWIW, the rest of the industrialized world announced positive GDP for the first quarter, so this isn't a global thing the way inflation was after COVID.

+1

Well you left out US jobs number(down), Consumer confidence(down) and inflation(up).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FWIW, the rest of the industrialized world announced positive GDP for the first quarter, so this isn't a global thing the way inflation was after COVID.

+1

Well you left out US jobs number(down), Consumer confidence(down) and inflation(up).

It’s Biden’s fault. That why there is no mention of how great he is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FWIW, the rest of the industrialized world announced positive GDP for the first quarter, so this isn't a global thing the way inflation was after COVID.

+1

Well you left out US jobs number(down), Consumer confidence(down) and inflation(up).

I posted all of that earlier. Believe me, I know.

[Anonymous]

Anonymous wrote:Trump on China: "They made a trillion dollars with Biden selling us stuff. Much of it we don't need. Somebody said, 'oh, the shelves are gonna be open.' Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."


This will make great optics for Trump opponents.

Did his base elect him to tell them how many dolls to buy for their children? Kind of doubt it but they'll refuse to eat crow and decide that yes, two dolls is the perfect amount of dolls for my child, thank you for making it impossible for me to buy more than that amount.