President Trump

ChicagoBlue said:
Distressing, and no…but that doesn’t mean it’s not true!

If 330M people make a small change (“I’m going to save/not spend $100 this month”), that’s a $33,000,000,000 change in spending! However, what many people think us that some big ticket spending has been brought forward due to the threat of tariffs creating much higher prices, so we haven’t really seen the effects of that yet.

EVERYTHING in the American economy right now feels like it’s tied to TWO THINGS:

China tariffs
Federal Reserve Interest Rate decisions

If either one moves in the “wrong” direction, we see the Stock Market react violently and people suggesting the sky is falling.

However, Trump is hoping that he can change the mentality of the markets enough to get the Fed to lower interest rates, WITHOUT jawboning us into recession. He’s getting plenty of help from the MAGAts on Wall Street who are doing his cheerleading for him in public and on TV, but Jerome Powell hasn’t fallen for it YET!

The pressure is increasing as tariff threats (and reality) start to hit the economy.

Once Trump gets his interest rate cuts, the equity market will explode to the upside, and short term rates will fall, dragging longer term rates with them. That last part is the great unknown and the scary part, as that’s what is tied to consumer interest rates (mortgages, credit cards, car loans) and, in large part, what costs us a $1T annually just to service.
Click to expand...
Thanks.

Have you noticed a big jump in prices over the last few years. A friend recently went to NY and said it was so expensive. I thought it was 20 years ago when I went.

Just seems like it’s one big masterplan to Trump. Do the majority believe he will prevail when it comes to making America Great Again and making people wealthier?
 
Trevor Morley's Tache said:
He'll be staying well out of this.

If this escalates and Trump goes further off the rails, the 25th Amendment could loom into view very quickly, and Vance will use it as an opportunity to pounce.
Click to expand...
Yes, Vance is deeply Machiavellian. Willing to do anything to accumulate power, and the best play would be to stay as neutral as possible. He epitomises everything wrong with politics, unfortunately. Clearly formidably intelligent (in stark contrast to Trump), yet consciously decides to support policies that adversely affect the same working class citizens whom he claims to stand up for. It's quite sad that he has seemingly forgotten his impoverished roots in Appalachia. As a Presidential prospect, he is far more frightening than Trump, although I'd imagine he does not share Trump's ability to mobilise the base.
 
Seth MCFC said:
Yes, Vance is deeply Machiavellian. Willing to do anything to accumulate power, and the best play would be to stay as neutral as possible. He epitomises everything wrong with politics, unfortunately. Clearly formidably intelligent (in stark contrast to Trump), yet consciously decides to support policies that adversely affect the same working class citizens whom he claims to stand up for. It's quite sad that he has seemingly forgotten his impoverished roots in Appalachia. As a Presidential prospect, he is far more frightening than Trump, although I'd imagine he does not share Trump's ability to mobilise the base.
Click to expand...
He's incredibly easy to dislike.
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top