That's what happens when you have a bunch of Pakled traders masquerading as Grand Nagus, ruler of the Ferrengi Empire!
One thing I keep hearing Trump supporters parrot (even as they get laid off) is that we are going to have short term pain for long term gain without any ability to explain what the middle step is that makes such a thing possible a la the South Park underpants gnomes. It is purely based on their faith in him that he's gonna make them rich...somehow.
From what I'm seeing on this side of the border it's going to be pretty long term. It's amazing how much they all suddenly want to dismiss Canada but the amount of money we inject into the U.S. economy overall is staggering. That's gone for a long time. We always joked about the U.S. but never actually avoided it at all costs. Not any more. I've never seen anything quite uniting in this country as that orange piece of stool.
A few MAGA's I know just dismiss it as Trump having fun or trolling, as if being an asshole doesn't have tangible costs. When I try to explain that Canadians hate America now and it's going to cost us money they simply don't believe it.
One thing I keep hearing Trump supporters parrot (even as they get laid off) is that we are going to have short term pain for long term gain without any ability to explain what the middle step is that makes such a thing possible a la the South Park underpants gnomes. It is purely based on their faith in him that he's gonna make them rich...somehow.
meanwhile, foreign nations will look to reduce their consumption of US goods & find more reliable sources of trade whether they be domestic or foreign (namely China)
- We service the manufacturing industry. Many sectors of it have been sluggish for the past six months or so. It has dramatically worsened over the past two months due to the threat of tariffs and concern over deterioration of the relationships between our country and Canada and Mexico. Most manufacturing companies are stopping capital expenditure plans due to policy uncertainty.
- The market has hit a long paused since January. We are hoping that it will turn around after the dust settles.
- We have concerns about the hard cost of construction impacted by tariffs on Canadian lumber, along with appliances, mechanical equipment, electrical fixtures and flooring coming out of Mexico and China.
- Interest rates continue to hinder financed sales, which is about 75 percent of our business.
- Tariffs and immigration policies from the current administration are creating a lot of uncertainty in our business.
- Our apartment occupancy is shrinking as undocumented immigrants proactively leave to avoid losing their families and possessions. Qualified maintenance workers, which were already in short supply, are commanding absurd rates—if you can find them. Materials and supplies are going up just based on fear of tariffs. Meanwhile, we're having to lower rents to fill units. Considering how over-leveraged most rental property is, this is clearly not sustainable. Eventually, payments to mortgage bond holders will be missed and the economic effects will ripple.
- Development seems to be on hold pending ups and downs in Washington. Business uncertainty seems to be comparable to the period around the 9/11 crisis.
- We will be selling off what we can and closing the doors in 60 days.
Presumably the return of large scale manufacturing to the US is the "long term gain."One thing I keep hearing Trump supporters parrot (even as they get laid off) is that we are going to have short term pain for long term gain without any ability to explain what the middle step is that makes such a thing possible a la the South Park underpants gnomes. It is purely based on their faith in him that he's gonna make them rich...somehow.
Presumably the return of large scale manufacturing to the US is the "long term gain."
The good news is that this is telling us clearly that people are not buying Trumps lies that tariffs are paid for by the foreign nation and not American consumers.People should read the Dallas Fed comments. The whole country is deeply jittery about Trump's plans.
https://www.dallasfed.org/research/surveys/tssos/2025/2503#tab-comments
some gems:
He has accomplished the Bush era GOP's wet dream of the Fair Tax where the people pay a 25% sales tax in exchange for the robber barons getting enormous tax cuts.Have you met this Trump guy? Thinking isn't exactly his strength.
Trump's not stupid, he doesn't believe that. This is flat out a national sales tax on the people. All that autistic screeching for decades from GOP voters every time the Democrats raised the income tax 5 points on the rich and now they're all going to be paying 25 points on nearly everything they buy, including a lot of food. Fuck this country.Presumably the return of large scale manufacturing to the US is the "long term gain."
No one is going to watch a 12 minute AI voiced video. Why don't you try to tell us what they did?Trump is playing tic-tac-toe vs far more sophisticated chess players on the world stage. Claudia Shienbaum handed him his ass on a plate.
One thing I keep hearing Trump supporters parrot (even as they get laid off) is that we are going to have short term pain for long term gain without any ability to explain what the middle step is that makes such a thing possible a la the South Park underpants gnomes. It is purely based on their faith in him that he's gonna make them rich...somehow.
I reckon that it's not that different here, under Starmer's "Labour" government. They are obsessed with achieving "growth", but nothing they do seems to be bringing it about - cutting welfare, cutting the civil service, cutting public spending, "deregulating" everything they can think of in terms of cutting their way to growth - the economy continues to stagnate (while inflation still rages).
Seems to me that their obsession with "growth" boils down to a perplexed feeling on their part that poor people mysteriously choose to remain poor, instead of becoming rich as Starmer and his cabinet colleagues did (e.g. by marrying elite millionaire bankers as DWP boss Kendall did, or getting billionaire sugar daddies to give them tens-of-thousands of pounds worth of free gifts, as Starmer did) and that if the poor are just hounded sufficiently they'll choose to become rich instead of being poor, and thus we'll have "growth".
Yeah, but have you considered the extend to British racism and classism? Can't have Polish construction workers because they're the wrong type of white.Especially frustrating when the absolutely clear answer is to recouple the UK economy to the largest trade bloc on the planet which just so happens to be next door.
Yeah, but have you considered the extend to British racism and classism? Can't have Polish construction workers because they're the wrong type of white.