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The Trump effect (Read 110 times)
KangAnon
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The Trump effect
Yesterday at 8:16am
 
...

...

You've got:

  • Tariff and inflation fears pushing people away from casual spending
  • Essential prices up from the same tariff fears, so less disposable income
  • Mass layoffs, so more people without disposable income
  • Threats of war and hostility against major economic allies
  • Regulatory agencies being un-staffed and re-staffed left and right
  • Unpredictable executive orders creating fear
  • Consumer spending strikes being organized in protest of all of the above
  • International boycotts of our exports

That's a recipe for consumer uncertainty and harm to the stock market. Just like... anyone? Anyone? Bueller? That's right, the Smoot-Hawley Tariff Act of 1930, which plunged the nation deeper into the great depression.
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Armchair_Politician
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Re: The Trump effect
Reply #1 - Yesterday at 8:46am
 
It'll be interesting to see what the inflation figures are when they're next released in the US. I'm predicting a sharp increase.
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MeisterEckhart
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Re: The Trump effect
Reply #2 - Yesterday at 8:55am
 
Erratic unpredictability is the tactic of a leader with no plan, nor even a concept of a plan, other than 'shock and awe'...

Unfortunately for them, sustained erratic unpredictability becomes predictable and, with that, comes strategies to neutralise its effect.

Even with Musk, Trump's Mouseketeer, who is already in overdraft on his credibility capital, Trump will not escape this predictability.

And with the 'genius' aura that Musk enjoys, comes a huge caveat that even clouded Einstein's: The gods give some things, not all things. While Einstein was a profound genius in specific faculties, he was known to be a loon in others. This also applies to Musk.
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« Last Edit: Yesterday at 9:03am by MeisterEckhart »  
 
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Sprintcyclist
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Re: The Trump effect
Reply #3 - Yesterday at 9:36am
 
MeisterEckhart wrote Yesterday at 8:55am:
Erratic unpredictability is the tactic of a leader with no plan, nor even a concept of a plan, other than 'shock and awe'...

Unfortunately for them, sustained erratic unpredictability becomes predictable and, with that, comes strategies to neutralise its effect.

Even with Musk, Trump's Mouseketeer, who is already in overdraft on his credibility capital, Trump will not escape this predictability.

And with the 'genius' aura that Musk enjoys, comes a huge caveat that even clouded Einstein's: The gods give some things, not all things. While Einstein was a profound genius in specific faculties, he was known to be a loon in others. This also applies to Musk.


trump has given Billionaires like himself good solid tax breaks.
At the expense of the voters
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greggerypeccary
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Re: The Trump effect
Reply #4 - Yesterday at 9:50am
 

Americans can't say they weren't warned.

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KangAnon
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Re: The Trump effect
Reply #5 - Yesterday at 10:33am
 
greggerypeccary wrote Yesterday at 9:50am:
Americans can't say they weren't warned.



The FAFO MAGA people going into meltdown and are #LeavingMAGA had no idea.  They did not cast their votes for Trump with the expectation that he would strip them of their food stamps, destroy their livelihoods, or jeopardise their farms. Yet, that is precisely the reality they now face.

If their devotion to MAGA was so absolute that they existed within an impermeable echo chamber, utterly impervious to warnings of the consequences, can we truly say they were warned? Or were they simply cocooned in wilful ignorance, intoxicated by the rhetoric that fuelled their delusions but a leader who claimed to hate the same people they did?

But regardless of their regret, their suffering, or their belated realisation that they have been deceived, the fact remains, they voted for Trump, and in doing so, they authored their own misfortune.

I have no sympathy for them.

Let them weep into the void of social media, their lamentations mean nothing. Forgiveness is not owed to those who, in their blind allegiance, inflicted harm upon others.

At the end of the day, they had a choice. And they chose wrong.
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KangAnon
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Re: The Trump effect
Reply #6 - Yesterday at 10:41am
 
Is this the reason why Trump chose
Red
for his hats?

...
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Frank
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Re: The Trump effect
Reply #7 - Yesterday at 10:44am
 
KangAnon wrote Yesterday at 10:33am:
greggerypeccary wrote Yesterday at 9:50am:
Americans can't say they weren't warned.



The FAFO MAGA people going into meltdown and are #LeavingMAGA had no idea.  They did not cast their votes for Trump with the expectation that he would strip them of their food stamps, destroy their livelihoods, or jeopardise their farms. Yet, that is precisely the reality they now face.

If their devotion to MAGA was so absolute that they existed within an impermeable echo chamber, utterly impervious to warnings of the consequences, can we truly say they were warned? Or were they simply cocooned in wilful ignorance, intoxicated by the rhetoric that fuelled their delusions but a leader who claimed to hate the same people they did?

But regardless of their regret, their suffering, or their belated realisation that they have been deceived, the fact remains, they voted for Trump, and in doing so, they authored their own misfortune.

I have no sympathy for them.

Let them weep into the void of social media, their lamentations mean nothing. Forgiveness is not owed to those who, in their blind allegiance, inflicted harm upon others.

At the end of the day, they had a choice. And they chose wrong.

Grin Cheesy

tissue, petal? or should I say Cassandra?  Cry Cry




Also
KangAnon wrote Yesterday at 8:35am:
It's the meltdowns from people like you that it triggers, over words, that is the funny part.

You're weaker than you accuse those you hate of being, and it's hilarious.



you are such a projecting machine, Sad Scrots. Grin



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« Last Edit: Yesterday at 11:00am by Frank »  

Estragon: I can’t go on like this.
Vladimir: That’s what you think.
 
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KangAnon
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Re: The Trump effect
Reply #8 - Yesterday at 11:02am
 
Frank wrote Yesterday at 10:44am:
KangAnon wrote Yesterday at 10:33am:
greggerypeccary wrote Yesterday at 9:50am:
Americans can't say they weren't warned.



The FAFO MAGA people going into meltdown and are #LeavingMAGA had no idea.  They did not cast their votes for Trump with the expectation that he would strip them of their food stamps, destroy their livelihoods, or jeopardise their farms. Yet, that is precisely the reality they now face.

If their devotion to MAGA was so absolute that they existed within an impermeable echo chamber, utterly impervious to warnings of the consequences, can we truly say they were warned? Or were they simply cocooned in wilful ignorance, intoxicated by the rhetoric that fuelled their delusions but a leader who claimed to hate the same people they did?

But regardless of their regret, their suffering, or their belated realisation that they have been deceived, the fact remains, they voted for Trump, and in doing so, they authored their own misfortune.

I have no sympathy for them.

Let them weep into the void of social media, their lamentations mean nothing. Forgiveness is not owed to those who, in their blind allegiance, inflicted harm upon others.

At the end of the day, they had a choice. And they chose wrong.

Grin Cheesy

tissue, petal? or should I say Cassandra?  Cry Cry



I don't understand the Cassandra thing, but I'm not upset about these idiots finding out, it's glorious.

That’s precisely what sets the Australian MAGA cosplayers apart, the complete absence of a "find out" phase. They are cushioned by a nation that, despite their incessant whining, remains remarkably generous and stable.

The very safety nets and institutions they sneer at protect them from the consequences of their own reckless rhetoric.

In a way, they’re fortunate. But, like all conservatives, this insulation ensures they will never suffer the real-world impact of the policies and ideologies they so fervently champion.

They will never care, because they will never pay the price. Empathy is irrelevant to them, it requires a capacity for self-reflection that simply does not exist in their political worldview.

Just like Jesse Watters and most conservatives:

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KangAnon
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Re: The Trump effect
Reply #9 - Yesterday at 11:03am
 
Frank wrote Yesterday at 10:44am:
you are such a projecting machine, Sad Scrots. Grin


OOOO, I feel more slurs coming on...  Someone's getting skirty.

Is it that time of the month Frannie?
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Leroy
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Re: The Trump effect
Reply #10 - Yesterday at 11:53am
 
Sprintcyclist wrote Yesterday at 9:36am:
MeisterEckhart wrote Yesterday at 8:55am:
Erratic unpredictability is the tactic of a leader with no plan, nor even a concept of a plan, other than 'shock and awe'...

Unfortunately for them, sustained erratic unpredictability becomes predictable and, with that, comes strategies to neutralise its effect.

Even with Musk, Trump's Mouseketeer, who is already in overdraft on his credibility capital, Trump will not escape this predictability.

And with the 'genius' aura that Musk enjoys, comes a huge caveat that even clouded Einstein's: The gods give some things, not all things. While Einstein was a profound genius in specific faculties, he was known to be a loon in others. This also applies to Musk.


trump has given Billionaires like himself good solid tax breaks.
At the expense of the voters


What tax breaks do billionaires get under Trump?
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Armchair_Politician
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Re: The Trump effect
Reply #11 - Yesterday at 12:02pm
 
Leroy wrote Yesterday at 11:53am:
Sprintcyclist wrote Yesterday at 9:36am:
MeisterEckhart wrote Yesterday at 8:55am:
Erratic unpredictability is the tactic of a leader with no plan, nor even a concept of a plan, other than 'shock and awe'...

Unfortunately for them, sustained erratic unpredictability becomes predictable and, with that, comes strategies to neutralise its effect.

Even with Musk, Trump's Mouseketeer, who is already in overdraft on his credibility capital, Trump will not escape this predictability.

And with the 'genius' aura that Musk enjoys, comes a huge caveat that even clouded Einstein's: The gods give some things, not all things. While Einstein was a profound genius in specific faculties, he was known to be a loon in others. This also applies to Musk.


trump has given Billionaires like himself good solid tax breaks.
At the expense of the voters


What tax breaks do billionaires get under Trump?


In short, Trump's tax plan makes the rich richer by taxing them less while making the poor poorer while taxing them more...



Trump’s tax and economic proposals would, in 2026, cut taxes for the richest 5% of Americans and increase them for everyone else, according to an analysis by the Institute on Taxation and Economic Policy (ITEP).

On the other hand, as ITEP announced Wednesday, Vice President Kamala Harris’s proposals would do just the opposite.

If her tax proposals are in effect in 2026, the richest 1% would pay an average of 4.1% of their income more in taxes while those in all other income groups would ­receive tax cuts. That includes an average tax cut of 2.7% for middle class families and an average tax cut of 7% for the poorest Americans.

ITEP looked at what Trump’s tax proposals for a second term in office would do: Extend the temporary provisions in the 2017 tax law that are set to expire in 2025;; reduce the corporate tax rate to 20% and then to 15%; repeal green energy tax credits enacted as part of the Inflation Reduction Act; and impose a new 20% tariff on imported goods.

By 2026, according to ITEP, the top 5% of earners would see lower tax bills under Trump’s plan, and more specifically, the richest 1% would save about $36,320 a year. That’s more than the annual income of the poorest 20% of families — who, under Trump’s plan, would be forced to pay an additional $790 in taxes a year, or nearly 5% percent of their income. Every other income group would also pay higher taxes, according to the ITEP analysis.

Under Harris’ tax plan, the richest 1% of Americans would see an average tax increase equal to 4.1% percent of their income, and those in other income groups would see tax cuts averaging from 2.7%-7% depending on how much they earn per year.


https://www.afscme.org/blog/trumps-tax-plans-would-benefit-the-rich-harris-plan-...
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KangAnon
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Re: The Trump effect
Reply #12 - Today at 7:32am
 
Armchair_Politician wrote Yesterday at 12:02pm:
Leroy wrote Yesterday at 11:53am:
Sprintcyclist wrote Yesterday at 9:36am:
MeisterEckhart wrote Yesterday at 8:55am:
Erratic unpredictability is the tactic of a leader with no plan, nor even a concept of a plan, other than 'shock and awe'...

Unfortunately for them, sustained erratic unpredictability becomes predictable and, with that, comes strategies to neutralise its effect.

Even with Musk, Trump's Mouseketeer, who is already in overdraft on his credibility capital, Trump will not escape this predictability.

And with the 'genius' aura that Musk enjoys, comes a huge caveat that even clouded Einstein's: The gods give some things, not all things. While Einstein was a profound genius in specific faculties, he was known to be a loon in others. This also applies to Musk.


trump has given Billionaires like himself good solid tax breaks.
At the expense of the voters


What tax breaks do billionaires get under Trump?


In short, Trump's tax plan makes the rich richer by taxing them less while making the poor poorer while taxing them more...



Trump’s tax and economic proposals would, in 2026, cut taxes for the richest 5% of Americans and increase them for everyone else, according to an analysis by the Institute on Taxation and Economic Policy (ITEP).

On the other hand, as ITEP announced Wednesday, Vice President Kamala Harris’s proposals would do just the opposite.

If her tax proposals are in effect in 2026, the richest 1% would pay an average of 4.1% of their income more in taxes while those in all other income groups would ­receive tax cuts. That includes an average tax cut of 2.7% for middle class families and an average tax cut of 7% for the poorest Americans.

ITEP looked at what Trump’s tax proposals for a second term in office would do: Extend the temporary provisions in the 2017 tax law that are set to expire in 2025;; reduce the corporate tax rate to 20% and then to 15%; repeal green energy tax credits enacted as part of the Inflation Reduction Act; and impose a new 20% tariff on imported goods.

By 2026, according to ITEP, the top 5% of earners would see lower tax bills under Trump’s plan, and more specifically, the richest 1% would save about $36,320 a year. That’s more than the annual income of the poorest 20% of families — who, under Trump’s plan, would be forced to pay an additional $790 in taxes a year, or nearly 5% percent of their income. Every other income group would also pay higher taxes, according to the ITEP analysis.

Under Harris’ tax plan, the richest 1% of Americans would see an average tax increase equal to 4.1% percent of their income, and those in other income groups would see tax cuts averaging from 2.7%-7% depending on how much they earn per year.


https://www.afscme.org/blog/trumps-tax-plans-would-benefit-the-rich-harris-plan-...


I'm looking forward to that "find out" phase.
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