They should lower the minimum wage for the MAGA states to $1200 a year or $100 a month.
Then it would make sense to manufacture in those states!
Don't look at me weird.. they VOTED for this and they should get EXACTLY WHAT THEY VOTED FOR!
And just how will that be accomplished?I think he is going down. His ego wont allow him to fold therefor he must be removed...
that isn't likely and even if true it won't change anything I said.In nine months it could be illegal to publicly disagree with Trump
You have watched Trump disappear international students for being critical of Israel's genocide and you think he's going to stop there wrt the First Amendment? I got a bridge to sell you then.that isn't likely and even if true it won't change anything I said.
Yup, before Trump EU and US and its allies had common goals towards China.I wonder if China/US tariff situation between Xi and Trump will end up like this:
View attachment 121670
I've seen some talk on r/conservative (it's an interesting place) how Trump needs to get the EU onboard to also tariff China. Yeah, EU will get tariffed by the US and will be called "very nasty" and that "the EU was formed to screw the US" and now they'll add tariffs on China by US request? It's much more likely that EU will increase trade with China.
You know this, we know this. The people who elected him don’t care about though. They’ll keep waiting for the Wizard of incompetence to make things better just like they’ll wait for Hillary to be locked up or for Mexico to pay for the wall, everything is going to be better…just wait.The trade deficit isn't some "national emergency" It's a sign of America's strength!
A trade deficit sounds bad, but it is neither good nor bad.
It doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them. America is getting more cheap goods, and in return it is giving foreigners financial assets: dollars issued by the Federal Reserve, bonds from the U.S. government and American corporations, and stocks in newly created firms.
That is, a trade deficit can only arise if foreigners invest more in the U.S. than Americans invest abroad. In other words, a country can only have a trade deficit if it also has an equally sized investment surplus. America entrepreneurship attracts global capital and fuels the deficit. The U.S. is able to sustain a large trade deficit because so many foreigners are eager to invest here. One major reason is the safety of the U.S. dollar. Around the world, from large corporations to ordinary households, the dollar is used for saving, trading, and settling debt. As the world economy grows so does the demand for dollars and dollar dominated assets. from cash to Treasury bills and corporate bonds. Because the dollar is so attractive, the Federal Reserve gets to mint extra cash for use abroad, and the U.S. government and American employers and families can borrow money at lower interest rates. Blaming foreigners for the trade deficit, therefore, is like blaming the bank for charging a low interest rate. We have a trade deficit because foreigners willingly charge us low interest rates – and we choose to spend that credit.
Trumps frenzied attacks on the nation’s trade deficit show he’s misreading a sign of American economic strength as a weakness. Rather than reviving U.S. manufacturing, Trump’s extreme tariffs and erratic foreign policy are likely to instead scare off foreign investors altogether and undercut the dollar’s global role. That would shrink the trade deficit – but only by eroding the very pillars of the country’s economic dominance, at a steep cost to American firms and families.
Trump’s authority to levy these tariffs is based on statute. Statutes which can be nullified through another act of Congress.
2/3 of Congress to override a veto. Dems hold roughly half of each house. Meaning it would take 1 in 3 republicans to vote with Dems to end this madness. Remember that during the midterms. They are more than happy to sacrifice themselves if it means owning the Dems. Never underestimate their hate and stupidity. no working American is going to “win” in this stupid fucking trade war.
I missed that. My bad @MomentsofSanity we agreed with each other, I picked up the conversation hastilyTo be clear, Momentsofsanity said "huge rounding error" in response to RnR_au's post that everyone else but china, India, EU is a "rounding error"
More reason to have posted a /s after him comment.
I thought the same thing as Momentsofsanity, as Mexico and Canada are a huge rounding errors. US imports from Mexico was 505B last year. That's more import money than US had with China
wait.... TARIFF??? Now that's new.
A corrupt leader only listening to affirmation.Reportedly it was Jared who found Navarro for Trump by, and I am not kidding, reading a synopsis of Navarro's book off Amazon.
But yes they are two peas in a pod on this for sure.
Reportedly it was Jared who found Navarro for Trump by, and I am not kidding, reading a synopsis of Navarro's book off Amazon.
But yes they are two peas in a pod on this for sure.
I don't see it, Camacho would be a way better president than Trump.I believe it was even dumber than that; Jared saw the cover and the title of Navarro’s book and reached out to him. Another fun tidbit; Navarro apparently referenced a supposed expert in economics in several of his books. Turns out that reference was made up and an anagram of Navarro.
Yes, we are living in the dumbest timeline. I feel we are about 5-10 years out from idiocracy becoming a reality.
If this keeps up it really might be the 2nd coming of the Great Depression and in pretty short order.Futures already down 1.5-2.0%
Oil down to 56.
swasticar down to 218.
The anagram he made up (secretly, he didn't reveal this in his book) was Ron Vara.I believe it was even dumber than that; Jared saw the cover and the title of Navarro’s book and reached out to him. Another fun tidbit; Navarro apparently referenced a supposed expert in economics in several of his books. Turns out that reference was made up and an anagram of Navarro.
Yes, we are living in the dumbest timeline. I feel we are about 5-10 years out from idiocracy becoming a reality.
R's turning on him in CongressAnd just how will that be accomplished?
Dump Trump! Dump Trump! Well past time to kick him to the curb. Better late than never. We can do it! Veto proof majority for the win. Ok, not win, but to get to the life boats. .And dare we dream of a well-deserved impeachment WITH conviction? Now I am just being silly.R's turning on him in Congress