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aceofspadeshq at gee mail.com CBD: cbd at cutjibnewsletter.com Buck: buck.throckmorton at protonmail.com joe mannix: mannix2024 at proton.me MisHum: petmorons at gee mail.com J.J. Sefton: sefton at cutjibnewsletter.com | The Morning Report — 4/ 4 /25![]() Economist Thomas Sowell suggested that President Donald Trump may be taking a “ruinous” approach to tariffs and international trade. Sowell commented on Trump’s trade policies during an interview on April 1, a day before Trump enacted sweeping tariffs on dozens of countries. The “Liberation Day” announcement, as the White House billed it, put in place a system of “reciprocity” on international trade where foreign countries are tariffed in accordance with the trade barriers they impose on the United States. “It’s painful to see what a ruinous decision, from back in the 1920s, being repeated,” the 94-year-old Sowell said on an episode of “Uncommon Knowledge with Peter Robinson.” “Now, insofar as he’s using these tariffs to get various strategic things settled and that he is satisfied with that.” . . . “If this is just a set of short-run ploys for various limited objectives limited in time. Fine, maybe,” Sowell granted. “But, if this is gonna be the policy for four long years, that you’re gonna try this, you’re gonna try that, you’re gonna try something else. A lot of people are gonna wait.” Sowell noted the recent dips in the stock market that have followed many of Trump’s announcements on tariffs and said that “people are holding on to their money before they do anything because they don’t know where this is gonna lead.” As I alluded, when Thomas Sowell speaks, people who know and respect his great intellect, listen attentively. Sowell makes reference to FDR and how his mistakes which exacerbated the '29 crash are being repeated by Trump. Yeah, everyone and their uncle are now screaming "Smoot Hawley" but the '29 crash became the Depression primarily because of the failure of the New Deal. Which, in a way DOGE is attempting to address. And if we're going to take a look at history and tariffs: “[W]e built a sustainable economy, we did this thing, starting with Alexander Hamilton, where we said it’s really going to matter that we make things in the United States. … Yeah, we’re going to import stuff, we [were] never not going to buy stuff from abroad, but we were going to make sure that the internal American economy was healthy, could produce a lot, provided jobs…not just for people with graduate degrees, not just for somebody who is going to work on Wall Street, but for people with less education…so that means you need an industrial base. We built that economy…behind a very high tariff wall…it built America into an economic powerhouse.”People seem to not know or have forgotten that nations to this day protect their workers and their economies via tariffs. Also, 200 years ago there was no Federal government and bureaucracy nor a Federal reserve to screw around with our economy and interfere with the way people do business. But of course it took almost 200 years to build that economic powerhouse as well as the concomitant attitude of the people via the American work ethic, and the freedom to pursue one's dreams as well as to fail repeatedly before succeeding. And regardless of Liberation Day, we're not going to suddenly become the great industrial powerhouse we once were overnight. It's going to take time. Sadly the one key element that is missing is anything even resembling a scintilla of national unity that we had at the time of Pearl Harbor that allowed American industry to kick into overdrive and finally get us out of the Great Depression that the New Deal created. Now, is Trump correct in his assessment of the fundamental trade unfairness/imbalance that has been hammering us for decades? Absolutely. While the propagandists are shrieking about the Dow Jones tumbling, remember this creates an opportunity for investors to pick up stocks at bargain prices, if they are willing to hold onto them for the long term. Moving beyond tariffs, here's an oldie but a goodie, how about significantly lowering taxes or exempting taxes altogether for an extended period of time in the interest of enticing manufacturers to either build new factories and re-shore jobs and manufacturing back to the States? That and cut the regulatory regime of the federal bureaucracy so investors and enterprises can compete and, here's a radical idea, actually make a profit. Finally, here's a positive take: Critics claim President Trump’s reciprocal—‘kind’—tariffs will destroy jobs. This could not be further from the truth. In reality, President Trump’s tariffs have the potential to create 15 million new jobs. Many of these jobs will be high-paying manufacturing jobs, jobs with employee benefits—the very sort of jobs that were lost over the last 50 years to offshoring and the “race to the bottom.” How? Reciprocal tariffs are an olive branch. If foreign countries come to the table and lower their own tariffs, then Americans will benefit from freer—and most importantly, fair—trade. This will open up new markets potentially worth trillions of dollars to American businesses. If not, then tariffs will level the playing field and protect American workers from foreign labor—who often work in slave-like conditions for next to nothing. This will reshore America’s factories, creating millions of jobs in the process. . . . . . To begin with, we need to remember that America is not an economy. We are a nation bounded by blood and tradition. The Constitution does not give anyone a right to buy “cheap goods” from China or Bangladesh. The President is obligated to do what is in America’s best interests—even if this prevents liberals from buying imported European cars. In 2024, America exported $3.19 trillion worth of goods and services. This is in spite of the fact that most of our trade partners impose massive tariffs—as well as other non-monetary barriers to entry such as Byzantine regulations—on American goods. This goes to show just how efficient and competitive America’s industries are. Nevertheless, the playing field is not level. Let us assume that trading partners see the error of their ways and reduce their tariffs to reciprocal levels. This will allow American businesses to compete on even terms and will open foreign markets for American businesses like never before. If we assume that a 1% reduction in net tariffs results in a 1% increase in trade—which is a reasonable assumption based on current economic models—then America’s exports would increase by $1.6 trillion, bringing total exports up to $4.8 trillion. Increasing America’s exports would create millions of good-paying jobs. The U.S. Census Bureau estimates that every billion of GDP supports between 5,000 and 5,500 jobs. Based on this, these increased exports would support some 8.4 million new jobs. If we assume that only half of our trade partners play ball, we are still looking at over 4 million new jobs.Elsewhere on the economic front, there is actual broad support for what Trump is trying to do, some of it bipartisan in nature, and unemployment filings plunged in March signaling a robust labor market, this with the full knowledge that Liberation Day was on the horizon. So, we shall certainly see. And perhaps if we had not granted the Chi-Coms most-favored nation trading status, the economic and geopolitical landscape today might be much less dangerous.Just a thought. And do give a listen to our latest podcast linked here and in the sidebar, where two outstanding guests, and friends, culture journalist Christian Toto and the estimable Jim Lakely of the Heartland Institute join CBD for a great conversation about what the absolute disaster of the Snow White remake means in terns of a sea change in both Hollywood and what its rejection means in broader terms for the culture at large. And lastly, a quick shout-out and thank you for your continued support in hitting our tip jar. It truly is appreciated more than you can know. Have a great weekend.
Follow us on Instagram: @Cutjibnewsletter TIP JAR : Your support helps keep the lights on and is truly appreciated. Note: We are on Stripe, not PayPal. Comments(Jump to bottom of comments)1
Good morning horde! Happy Friday.
Posted by: I used to have a different nic at April 04, 2025 07:31 AM (ExV1e) 2
Tech thread alerted.
Posted by: I used to have a different nic at April 04, 2025 07:31 AM (ExV1e) 3
Happy Fricking Friday
Posted by: rhennigantx at April 04, 2025 07:31 AM (gbOdA) 4
Good morning!
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:31 AM (WkNQM) 5
Thanks, JJ, hope you have a great weekend too!
Posted by: sock_rat_eez at April 04, 2025 07:33 AM (/Ghsb) 6
Finally in the part of the year where it's warm enough to sit in my boxers and watch the sunrise with my coffee. Hell yeah.
Now, off to the salt mines. Posted by: Yudhishthira's Dice at April 04, 2025 07:33 AM (BI5O2) 7
I certainly know enough to recognize what the offshoring of quite a large chunk of our manufacturing sector overseas has done to our economy and society in general going back now to the 1960s.
++++ The trade deficit shows it, too. And to a lesser degree the budget deficit. But towns show it most. Living in the post-industrial wasteland of upstate NY is what, in combination with the 2007-2009 financial crisis, forced me to reassess a lot of what I had assumed. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:33 AM (WkNQM) Posted by: Sturmtoddler at April 04, 2025 07:33 AM (v6XNT) 9
tariffs? meh, let's see what happens ...
Posted by: sock_rat_eez at April 04, 2025 07:33 AM (/Ghsb) 10
BOING!
Fast walked the Jerusalem Marathon's 10 kilometer route this morning. Finished in 81 minutes, a few minutes faster than my first try last year. Yay! Then came home and Mrs. BD reminded me that I had to clean the kitchen over for Passover which is next week. Passover cleaning is like spring cleaning only closer to what I assume Japanese prison guards would task you with in a WWII POW camp of theirs. And now I need a short afternoon sleep. Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 04, 2025 07:35 AM (ky0NK) 11
It's Flapjack Friday!
Posted by: Mister Scott (Formerly GWS) at April 04, 2025 07:35 AM (e5NfL) 12
Yonder Horde
Posted by: Martini Farmer at April 04, 2025 07:36 AM (Q4IgG) 13
Good morning JJ and horde
TGIF Posted by: Skip at April 04, 2025 07:36 AM (H9MgO) 14
WSJ reporting this am that Americans are “rushing “ to buy TVs, soy sauce, and Lulumon workout gear ahead of the tariffs. Such a serious financial journal.
Posted by: Jen the original at April 04, 2025 07:36 AM (USmCn) 15
Sowell makes reference to FDR and how his mistakes which exacerbated the '29 crash are being repeated by Trump. Yeah, everyone and their uncle are now screaming "Smoot Hawley" but the '29 crash became the Depression primarily because of the failure of the New Deal. Which, in a way DOGE is attempting to address.
The Great Depression was caused by the Fed when it allowed about 50% of the banks to fail and the money supply shrank by almost 35%. Posted by: rhennigantx at April 04, 2025 07:38 AM (gbOdA) 16
Being a service economy has numbed thinking. There has to be a goods and service economy to be sustainable and those goods need to be in something other than bytes and pixels.
Posted by: Ben Had at April 04, 2025 07:39 AM (XNkRi) 17
Dow set to lose another 1000 points today .
Posted by: Aliassmithsmith at April 04, 2025 07:39 AM (tWfI/) 18
Good morning again dear morons and happy birthday JJ
Thoughtful essay this morning and I also give Sowell's words great weight. Posted by: San Franpsycho at April 04, 2025 07:39 AM (RIvkX) 19
Trump's tariff ploy is a carrot and stick approach to get better trade deals for the US. The recalcitrant will be unhappy... including investors who are inflexible.
It will all likely pass in a few weeks/months as everyone digests the actual implications. Posted by: Martini Farmer at April 04, 2025 07:39 AM (Q4IgG) 20
Morning, one and all. And glad to see Mr. Sowell chiming in about the tariff idea.
Posted by: NR Pax at April 04, 2025 07:40 AM (BpO1e) 21
“If this is just a set of short-run ploys for various limited objectives limited in time. Fine, maybe,” Sowell granted. “But, if this is gonna be the policy for four long years, that you’re gonna try this, you’re gonna try that, you’re gonna try something else. A lot of people are gonna wait.”
++++ Probably true, to a point. Some countries and firms *will* try to wait it out. Not all can. Many if not most cannot wait indefinitely. But this also is not mutually exclusive. "I want to achieve an objective" does not necessarily mean "this does not go on for some time." I get Sowell's point about the *reason* for a tariff. There are three purposes for tariffs: 1. Industrial protection, for whatever reason 2. Policy and diplomacy 3. Revenue Tariffs in the first category are usually bad and cause high costs and dislocations. Tariffs in the second category are different. They can have downsides and cause dislocations, but then so do wars and trade pressure as an alternative war may be superior (if it works, you're a hero), but war is not free. Reciprocity-as-policy is also useful and helps avoid different dislocations elsewhere. As a revenue means, well, it's a tax... Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:40 AM (WkNQM) 22
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 04, 2025 07:35 AM (ky0NK)
*breaks out feather to sweep out the corners in the cabinets* Posted by: San Franpsycho at April 04, 2025 07:41 AM (RIvkX) 23
“It’s painful to see what a ruinous decision, from back in the 1920s, being repeated,” the 94-year-old Sowell said on an episode of “Uncommon Knowledge with Peter Robinson.”
Each, and every, other nation can minimize tariffs for them by merely removing barriers to trade. But no one discusses that part... only that we're wrong. Sorry, not buying the story anymore, not even from Sowell. Posted by: I used to have a different nic at April 04, 2025 07:41 AM (ExV1e) 24
And regardless of Liberation Day, we're not going to suddenly become the great industrial powerhouse we once were overnight. It's going to take time.
++++ A generation or longer, and we have to do it without a China-style "demographic dividend." There are many, many more things in play than simply a US policy regime that encourages the hollowing out of the industrial system. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:42 AM (WkNQM) 25
WSJ ain't any different than the rest of legacy media. Ruling class midwits ladling out the slop of received Party wisdom to the bien pensant midwits who work on floors five and up.
Posted by: Yudhishthira's Dice at April 04, 2025 07:42 AM (BI5O2) 26
Hello, Horde! 😊💕
Leaving today on a two-week vacay - half of the time in Houston with my BFF, the other half of the time meeting up with Daughter #1 and her family at a house they have rented for the week in San Diego. We are taking the grandsons to the SD Zoo, Legoland, and the SD Aquarium. Should be lots of fun 😊💕 If I not on threads the next couple of weeks, it will be because I am recovering from full days of fun 😂😂😂 Posted by: Teresa in Fort Worth, Plucky Comic Relief, AoS Ladies Brigade - Eat the Cheesecake, Buy the Yarn. at April 04, 2025 07:43 AM (SRRAx) Posted by: no one of any consequence at April 04, 2025 07:44 AM (ZmEVT) 28
Teresa sounds like a blast!
Posted by: San Franpsycho at April 04, 2025 07:44 AM (RIvkX) 29
Moving beyond tariffs, here's an oldie but a goodie, how about significantly lowering taxes or exempting taxes altogether for an extended period of time in the interest of enticing manufacturers to either build new factories and re-shore jobs and manufacturing back to the States?
++++ It would help, on the regulatory front moreso than on the tax front. Fixing the medical disaster would go a very long way in terms of American labor competitiveness, too (as well as fixing the federal budget, of course, as a bonus). Everyone has a pet. The academics have unrestricted non-reciprocal free trade. The fascists have industrial controls and sector control. The politicians have graft and corruption. The bureaucrats have empire-building. It all ties in together. It's a Gordian Knot, and there's only one way through a Gordian Knot. But *nobody* likes that one way. It's extremely disruptive, many fortunes are destroyed, many lives are ruined and nations fall when it happens. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:46 AM (WkNQM) 30
After WWII, we had low tariffs because we were so rich and everyone else was so poor and we wanted the world to come up to speed.
Those days are over. Posted by: no one of any consequence at April 04, 2025 07:46 AM (ZmEVT) 31
Each, and every, other nation can minimize tariffs for them by merely removing barriers to trade. But no one discusses that part... only that we're wrong. Sorry, not buying the story anymore, not even from Sowell.
Posted by: I used to have a different nic at April 04, 2025 07:41 AM I agree. The "experts" claim that canada can have a 300% tariff on US dairy products but the US putting a 25% tariff on candian dairy products will destroy our economy. We are living in fantasy land right now. We should have had reciprocal tariffs from day one. Sure it's making the stock market a bit wonky right now but the DOW has not been tied to reality for quite some time. Posted by: Mister Scott (Formerly GWS) at April 04, 2025 07:47 AM (e5NfL) 32
Treasury Building Evacuates After Suspicious Package Found Near White House
When do we call these actions an insurrection and start arresting leftist leaders who call for violence? Posted by: I used to have a different nic at April 04, 2025 07:47 AM (ExV1e) 33
And perhaps if we had not granted the Chi-Coms most-favored nation trading status, the economic and geopolitical landscape today might be much less dangerous.Just a thought.
++++ That - and Red China's addition to the WTO - were monumental disasters. It was a lot like Ukraine in NATO, too, in terms of rule violations. The PRC hit damn few of the formal qualification standards for WTO or MFN status (though the latter is trickier, because it's basically a political/policy tool more than a rule-bound thing), yet they were swept in anyway. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:48 AM (WkNQM) 34
RINO Lawmakers in Florida Are Using Their Supermajority to Impose the Latest Green Agenda Scam.
-- Shocking and sad that there are any Republicans, especially in the FL legislature, that are falling for this green agenda scam. My guess is that they're hoping to be heavily $invested in it. I can't believe they actually believe in any of this. An utterly foolish waste of political capital, time and energy. Posted by: Lady in Black at April 04, 2025 07:49 AM (qBdHI) 35
Two questions never asked:
1. Have you considered reducing your tariffs on American goods? 2. Have you considered surrendering to Israel? Posted by: Village Idiot's Apprentice at April 04, 2025 07:51 AM (a1415) 36
26 Posted by: Teresa in Fort Worth, Plucky Comic Relief, AoS Ladies Brigade - Eat the Cheesecake, Buy the Yarn. at April 04, 2025 07:43 AM (SRRAx)
Hope you are healing! If you can fit it in, Balboa Park and the SD Model Railroad club and museum is a real treat. Posted by: J.J. Sefton at April 04, 2025 07:53 AM (x0n13) 37
CBD, I enjoyed your recent podcast with Jim and Christian Toto. So true that the woke movies that just came out already feel horribly dated, whereas classics still seem fresh.
Think you'll do another 'cast with AlextheChick? Posted by: All Hail Eris, She-Wolf of the 'Ettes 'Ettes at April 04, 2025 07:53 AM (kpS4V) 38
Sowell makes reference to FDR and how his mistakes which exacerbated the '29 crash are being repeated by Trump. Yeah, everyone and their uncle are now screaming "Smoot Hawley" but the '29 crash became the Depression primarily because of the failure of the New Deal. Which, in a way DOGE is attempting to address. ...
Posted by: rhennigantx at April 04, 2025 07:38 AM (gbOdA) ++++ Faced with a major economic downturn, various big shots in Washington wanted to see a comprehensive federal response to intervene - unemployment support, industrial supports, agriculture supports, various works projects to absorb idle labor, etc. No, I am not describing 1929. I am describing the "forgotten" depression of 1920-1921, which swept in during the aftermath of the Great War. Harding said "no" to his Commerce Secretary (Herbert Hoover) who laid out the plans and "yes" to his Treasury Secretary (Andrew Mellon) who took the, "let this burn itself out and recalibrate on its own) approach. The result was one of the deepest - but also fastest - depressions in American history. Mellon's approach of "let it crash" worked. It wasn't fun. Hoover got his turn at the end of the decade... Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:53 AM (WkNQM) 39
That’s a bit of an odd boast, given that the economists who have been studying tariffs and trade policy for decades had long ago decided that tariffs are a sledgehammer approach that rarely work as intended, that they are a wildly expensive way to create jobs, don’t spur economic growth, protect uncompetitive U.S. firms, and are an ineffective diplomatic tool.
The experts told us that mankind is destroying the planet and all life will end 12 years from someday. The experts told us that the Amazon rainforest will disappear in a matter of years, that all the polar bears will die off, that the Great Barrier Reef is dying, that the world is overcrowded, that unfettered immigration is good for a country. The experts say lots of things. Some of them even believe them. Posted by: I used to have a different nic at April 04, 2025 07:54 AM (ExV1e) 40
Each, and every, other nation can minimize tariffs for them by merely removing barriers to trade. But no one discusses that part... only that we're wrong. Sorry, not buying the story anymore, not even from Sowell.
Posted by: I used to have a different nic at April 04, 2025 07:41 AM (ExV1e) ++++ That would be unfair. This is America. Our duty - our birthright - is to pay. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 07:56 AM (WkNQM) Posted by: I used to have a different nic at April 04, 2025 07:56 AM (ExV1e) 42
Kamala: “I’m Not Going Anywhere.”
--- I know this is true. She's done. She just doesn't know she's done. Posted by: Don Black at April 04, 2025 07:59 AM (AOsQT) 43
There are ways to restore without tariffs. The mainstream economists are correct, in essence, that tariffs are unnecessary.
The problem is that none of the *other* mechanisms are acceptable, either. Our trade regime cannot be sustained, You cannot drain one country forever, and the system *will* correct. The more correction mechanisms you remove, the bigger - and worse - the correction becomes. You can reduce the frequency of corrections, but in so doing you increase their amplitude. No policy tool is allowed. Tariffs? Not allowed. Relative currency value changes? Not allowed. Asset transfers? Often not allowed. Bankruptcy? Not allowed. There has been so much jiggery-pokery to keep the plates spinning that every means of equilibration is essentially forbidden by dogma or the self-interest of power players. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:00 AM (WkNQM) 44
Fighting globalism is not just a political war. It is also, maybe even primarily, and economic war.
That's what Trump is doing with the tariffs. Reordering the world through global trade relationships. Posted by: JackStraw at April 04, 2025 08:00 AM (LkLld) 45
The European Union, which has been hit with tariffs twice as high as post-Brexit Britain given the bloc’s protectionist policies and tariffs on imports, is expressing its distress and even outrage at President Trump’s bid to reform the United States’ trade relationship with the world.
Mom! The bad orange man hit me back. Posted by: I used to have a different nic at April 04, 2025 08:00 AM (ExV1e) 46
41 Liberation Day. What’s The Plan?
Ben Shapiro. 'nuff said. Posted by: I used to have a different nic at April 04, 2025 07:56 AM (ExV1e) He actually makes some good points. Posted by: J.J. Sefton at April 04, 2025 08:01 AM (x0n13) 47
Fighting globalism is not just a political war. It is also, maybe even primarily, and economic war.
That's what Trump is doing with the tariffs. Reordering the world through global trade relationships. Posted by: JackStraw at April 04, 2025 08:00 AM (LkLld) ++++ Economic wars easily become shooting wars. This is not a low-risk exercise. But it cannot be sustained. Something has to give. You can try to do it on purpose or you can let it happen by accident. Trying to do it on purpose can give you a modicum of control. It doesn't always work but you at least have a shot. The real reason for the rage and terror over this, I suspect, is not tariffs but what the new tariff regime represents: the end of the postwar order. That order is already cooked. COVID was the final inflection point. It's finished. The world as we knew it is already gone. That's a very hard thing to come to terms with. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:02 AM (WkNQM) 48
I don't quite get the fencing story.... at least at the club level, there are no categories outside of age, and those are lower bounds for the geezer leauges. I'm 40-something and was put up against a small child in a semifinal once. Damn kid almost beat me too. Gender doesn't come in to it at all except at the very top level. Your rank is your rank and you face who you face
Posted by: Warai-otoko at April 04, 2025 08:03 AM (KtIIi) 49
I don't quite get the fencing story.... at least at the club level, there are no categories outside of age, and those are lower bounds for the geezer leauges. I'm 40-something and was put up against a small child in a semifinal once. Damn kid almost beat me too. Gender doesn't come in to it at all except at the very top level. Your rank is your rank and you face who you face
Posted by: Warai-otoko at April 04, 2025 08:03 AM (KtIIi) ++++ If that club or org had sex segregation and violated it for the trannies, then the club or org should be shredded for it. it might be as simple as that. An excuse to punish, even if not hugely or directly relevant given the activity. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:05 AM (WkNQM) 50
I won't pretend to understand the ins and outs of international trade. That said, I'm with you fellers.
Posted by: Don Black at April 04, 2025 08:05 AM (AOsQT) 51
Leave the “protectionist” angle out of Tariffs.
To do business in America. - even a small one has numerous laws, rules, and regulations before you can hang your shingle out. And all of those things are considered good, from an employee standpoint, and everything else. Factories can’t dump industrial waste into the river. We may have been better of economically when the Cuyahoga had an octane rating, but still. 5 day work week. Worker’s Comp. Social Security. Health Care. The aforementioned EPA regs. OSHA regs, where workers are not treated as interchangeable replaceable widgets. The costs associated with all these things are passed on to the “consumer” - us. Under the guise of “free trade”, those countries outside our borders, who have none of these things, can manufacture products at a fraction of the cost. Who thought this was a good idea? Posted by: Common Tater at April 04, 2025 08:05 AM (9IARY) 52
Morning all
Posted by: rickb223 at April 04, 2025 08:05 AM (ejfFE) 53
Thx JJ, good morning again everyone.
Adams running as an independent in the NYC IMO will only benefit leftist jihadi loon Mamdani. Adams will take some supports with him but the hardcore left which voted for him in the last general election aren't going to Cuomo. They'll gravitate to the best leftist candidate and that's social Democrat Mamdani, who's an anti-Semite to boot Posted by: Smell the Glove at April 04, 2025 08:05 AM (MxsNV) 54
If nothing else, the whole tariff issue has shed light on how unfair international trade can be and how the US bends over and takes it up the ass for certain countries and goods.
Whether those are "necessary" (for whatever reasons) is debatable. Thus... the topic of tariffs is front and center. Posted by: Martini Farmer at April 04, 2025 08:06 AM (Q4IgG) 55
Today when I was praying as usual, the verse that God has not given us the spirit of fear, but of power, I realized that the media is trying very hard to give us fear. God is not trying to give us fear. I will not do what the media thinks I shall do. After all, the media thinks AOC, Cory Booker and Jasmine Crocker are all sane!
Posted by: Chillin the most at April 04, 2025 08:06 AM (Ofe5D) 56
Can “Liberation Day: The Sequel” be the day all the crooks, cons, and demons in government and the media go to prison for the ocean of laws they broke to inflict their misery on us for the past 15 years? That would be a day worth celebrating.
Posted by: Cray Cray at April 04, 2025 08:06 AM (Ayxxp) Posted by: J.J. Sefton at April 04, 2025 08:06 AM (x0n13) 58
Interesting how none of the tariff denouncers wish to discuss the "ruinous" tariffs imposed on us.
Posted by: Ordinary American at April 04, 2025 08:08 AM (vsTPo) 59
Under the guise of “free trade”, those countries outside our borders, who have none of these things, can manufacture products at a fraction of the cost.
Who thought this was a good idea? Posted by: Common Tater at April 04, 2025 08:05 AM (9IARY) ++++ That's another whole category of tariffs, which are sometimes referred to as "policy" or "regulatory parity" tariffs. "We have rules X, Y and Z and they all cost money, You do not have rules X, Y or Z and so you get an advantage. We will tax you the equivalent of X, Y and Z to level the playing field." I am of two minds about those, because they help mask the consequences of X, Y and Z. People should know *what* they are paying for and why. This is also why regulatory parity tariffs are so hated by the state - it forces them to put a number (any number, since it's actually impossible to calculate) and a dollar cost on their policy decisions. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:08 AM (WkNQM) 60
@47
>>But it cannot be sustained. Something has to give. If global trade is a good thing, then there need to be as few barriers to entry as possible, the fact that America has allowed itself to be a dumping ground with very few barriers, while a country like Japan, seems perfectly fine levying a 700pct tariff on rice imports, is a situation that has to change. Posted by: Thomas Bender at April 04, 2025 08:08 AM (XV/Pl) 61
it might be as simple as that. An excuse to punish, even if not hugely or directly relevant given the activity.
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:05 AM (WkNQM) I'm no expert in the matter, but if they do have a gender category for an event, then the competition can't be a ranked USF event. I suppose that could be what's up. It's just a private unranked event. I don't personally give a damn either way, it just stuck out as odd to me. Posted by: Warai-otoko at April 04, 2025 08:08 AM (KtIIi) 62
Curses, foiled again...
Posted by: J.J. Sefton at April 04, 2025 08:06 AM (x0n13) And it's not even Tuesday. Posted by: Warai-otoko at April 04, 2025 08:10 AM (KtIIi) 63
I Can't Believe Jasmine Crockett Admitted This
Why? To her mind it was only her just due for having been born black. Posted by: I used to have a different nic at April 04, 2025 08:11 AM (ExV1e) 64
Interesting how none of the tariff denouncers wish to discuss the "ruinous" tariffs imposed on us.
Posted by: Ordinary American Show them the Canadian list and they'll try to say those never came to pass. No you f'n idiot, those aren't recent. Those are historical. They've been that way for YEARS. Posted by: rickb223 at April 04, 2025 08:11 AM (ejfFE) 65
Oh yeah, Happy Friday to all
Posted by: Smell the Glove at April 04, 2025 08:11 AM (MxsNV) 66
How soon we forget the supply chain debacle from a few years back and how 95% of our medicine is made in Red China, to name but one thing. Posted by: J.J. Sefton at April 04, 2025 08:11 AM (x0n13) 67
If global trade is a good thing, then there need to be as few barriers to entry as possible, the fact that America has allowed itself to be a dumping ground with very few barriers, while a country like Japan, seems perfectly fine levying a 700pct tariff on rice imports, is a situation that has to change.
Posted by: Thomas Bender at April 04, 2025 08:08 AM (XV/Pl) ++++ Yes. The basic premise behind it was wrong, and that is because the basic premise was not economic but social/philosophical. There is one rotten premise at the base of *all* of it, and it is a case of inverted causality. The wizards at the top of the system in academia thought that wet streets caused rain. The rotten fundamental concept is that wealth leads to liberation. It does not. Liberation leads to wealth. Civilizations and cultures don't become free as they become rich, they become rich as they become free. Yet the basic premise underlying the last 50 years of experimentation has been "make them rich, so they will be free." The practical basic premise can be described as, "they become free before we become poor, so we should do it and then everyone wins - even us." Didn't happen that way. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:12 AM (WkNQM) 68
Not giving a shit about homo marriage got us tranny story hour amoung other things.
Posted by: Francis at April 04, 2025 08:12 AM (bbuBP) 69
why does Japan import rice why does America import beef questions like these are why I could never be a trade rep Posted by: Don Black at April 04, 2025 08:12 AM (AOsQT) 70
@66
>>How soon we forget the supply chain debacle from a few years back and how 95% of our medicine is made in Red China, to name but one thing. Except dick pills, The American Erection is fueled by American made little blue pills. Posted by: Thomas Bender at April 04, 2025 08:13 AM (XV/Pl) 71
Too obvious to mention but I will anyway -- haven't heard a single democrat welcome or even acknowledge the return of manufacturing facilities and jobs to America. Not in 2017, not now. This from the "party of the working class."
Posted by: Ordinary American at April 04, 2025 08:13 AM (vsTPo) 72
There is no way any American firm can compete with essentially slave labor, or who are paid just a few dollars a day.
Why this is considered remotely sane is a huge blind spot. If we want to spread “American values” around the world, why not use access to our markets to improve labor conditions in their countries? The “Fight for $15” kids are screwed in the head, as they organize the rally on their $900 iPhones - manufactured in factories that once installed nets outside the windows to catch people jumping out from the 14th floor - and then it’s off to the “No Borders!” rally in the afternoon. None of this addresses the national security implications of the inability to manufacture a wheel bearing or a computer chip, or tires, or aerospace metals, or pharmaceuticals. America doesn’t even manufacture Aspirin. Beggar thy neighbor, eh Posted by: Common Tater at April 04, 2025 08:13 AM (9IARY) 73
"95% of our medicine is made in Red China"
Who thought this was a good idea? My corrupt Congressman most likely. Posted by: Francis at April 04, 2025 08:14 AM (bbuBP) 74
Today is International Carrot Day. 🥕
Posted by: redridinghood at April 04, 2025 08:14 AM (NpAcC) Posted by: rickb223 at April 04, 2025 08:15 AM (ejfFE) Posted by: Count de Monet at April 04, 2025 08:15 AM (Aqu9a) 77
Police Chief in Minnesota Refers to Tesla Vandal as ‘Victim’ of ‘Rhetoric’
________ Ah, police chief identifies the criminal as the victim. Transvictim, pronouns are innocent/lamb? Posted by: Chuck Martel at April 04, 2025 08:15 AM (Dv3i1) 78
Does Bill Burr sense that his audience is abandoning him?
Posted by: mr tmz at April 04, 2025 08:15 AM (rJ48h) 79
How soon we forget the supply chain debacle from a few years back and how 95% of our medicine is made in Red China, to name but one thing.
I've got a couple of meds that come from Israel. Is Israel part of the tariff sweep? Posted by: grammie winger - cheesehead at April 04, 2025 08:16 AM (SfhV1) 80
why does Japan import rice
why does America import beef questions like these are why I could never be a trade rep Posted by: Don Black at April 04, 2025 08:12 AM (AOsQT) ++++ That one's fairly easy: relative consumption and marginal quality. America makes *really* good beef. Even our low-quality beef is pretty damn good, and the production structure is geared toward good stuff. Well what if you don't need good stuff? What if you're McDonald's, and you just stupendous amounts of mediocre beef? It's actually very hard to get it domestically. We don't make enough low-end beef. Latin America does, and refrigeration means we can transport it cheaply. So we raise huge amounts of beef, consume huge amounts of beef, and both export and import beef. We see the same thing in sheep. Domestic lamb - especially from Colorado - is top-end and there is global demand for it. If you're making a leg of lamb at home for dinner, it probably isn't from Colorado. It's probably from New Zealand or Australia. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:16 AM (WkNQM) 81
I agree with Dr. Sowell. This is a ruinous decision that's being repeated.
However, the Trump admin finally did what I wanted them to do all along and list out all of the tariffs that our goods face overseas - which puts our reciprocation in context. A nice visual to show that in fact we didn't start this (although I'm not sure if the numbers are quite accurate - I've read that the EU number includes the VAT which isn't really a tariff since even EU-produced goods get VAT'd). I do however worry about the ruinous effects on the economy. My portfolio (S&P index funds mostly) is down over 20% since Trump took office. It's not a lot of money, I still have to collect a paycheck to live - but it's pretty brutal and I don't know if the American people have the patience to weather the storm thats coming. Posted by: Defenestratus at April 04, 2025 08:16 AM (oLya/) 82
78 Does Bill Burr sense that his audience is abandoning him?
Posted by: mr tmz at April 04, 2025 08:15 AM (rJ48h) Yup. The marketplace at work. I hope they never come back. Posted by: Ordinary American at April 04, 2025 08:16 AM (vsTPo) 83
The primary challenge for Republicans in elections like this is that they’re the party
I don't know why these opinion authors refuse to admit the reason that "Republicans" don't get votes. * that's a lie. I know exactly why. Posted by: I used to have a different nic at April 04, 2025 08:16 AM (ExV1e) 84
Mornin’, All. Happy Friday.
Posted by: Bulg at April 04, 2025 08:18 AM (77rzZ) 85
"95% of our medicine is made in Red China"
Who thought this was a good idea? My corrupt Congressman most likely. Posted by: Francis at April 04, 2025 08:14 AM (bbuBP) ++++ The answer is worse than that. Nobody thought it was a good idea, because it wasn't an idea. "Design a structure so that a global pharmaceutical bottleneck occurs in one heavily-corrupt country" wasn't a thing. It wasn't a design. It was perverse incentives peppered throughout a complex system in which any corrective action was forbidden for decades. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:18 AM (WkNQM) 86
If global trade is a good thing, then there need to be as few barriers to entry as possible, the fact that America has allowed itself to be a dumping ground with very few barriers, while a country like Japan, seems perfectly fine levying a 700pct tariff on rice imports, is a situation that has to change.
Posted by: Thomas Bender at April 04, 2025 08:08 AM (XV/Pl) -- Comparative Advantage is great, and Ricardo deserves a lot of credit for it. My advisor gets props for keeping me from going down a complicated path for my thesis by trying to account for every possible externality out there. He said flat out that economic theories are 1) just that, and 2) are necessarily limited. Trying to get a narrow theory to fit a broad environment is, in his words, fucking nuts. All of this is to say that CA is marvelous, but in the real world it's marvelous on paper and the reality doesn't generally care about the "reasonable person" and "all else equal" qualifiers. People cheat, people scheme, and people are jerks. Posted by: WitchDoktor at April 04, 2025 08:18 AM (FI4/S) 87
Neutron Dance>>>>The Newsom-China Dance
Posted by: Pointer Sisters at April 04, 2025 08:19 AM (Dv3i1) 88
I've got a couple of meds that come from Israel. Is Israel part of the tariff sweep?
Posted by: grammie winger - cheesehead at April 04, 2025 08:16 AM (SfhV1) Yes. 17%. Although Israel announced that they dropped all tariffs on US-made goods so we'll see if Trump lives up to his promise of dropping the reciprocal tariff. This impacts me directly because right now I have a rather expensive fireplace (Ortal) on the way over from Israel right now. Supposed to get here in a month so I'm kind of sweating bullets. If there's a 17% tariff on it - I'll have to fork out another $5k on top of what I've already paid. Posted by: Defenestratus at April 04, 2025 08:19 AM (oLya/) 89
Huh. Mannix has given me much to think about. Alright then.
Posted by: Don Black at April 04, 2025 08:19 AM (AOsQT) 90
Good morning, J.J.
Good morning, Horde. Posted by: Inogame at April 04, 2025 08:20 AM (53oGX) 91
This impacts me directly because right now I have a rather expensive fireplace (Ortal) on the way over from Israel right now. Supposed to get here in a month so I'm kind of sweating bullets. If there's a 17% tariff on it - I'll have to fork out another $5k on top of what I've already paid.
Posted by: Defenestratus at April 04, 2025 08:19 AM (oLya/) Oh geez Posted by: grammie winger - cheesehead at April 04, 2025 08:21 AM (SfhV1) 92
So of course big corporations say “Gee, it costs a shitload of money to operate in America. I know! Let’s move our production factory to Mexico!”
That’s just dirty pool. “Americans cost too much to hire. I know! Let’s import millions of foreigners, and pay them shitty wages!” That’s just dirty pool. They outsourced tens of thousands of factories. Gone. And insourced tens of millions of laborers. And the “expert economists” told us all along you’ve never had it so good, and deficit spending isn’t s fine, because “we owe it to ourselves”. Posted by: Common Tater at April 04, 2025 08:21 AM (9IARY) 93
How can it be that the Hartheim Castle story of mass killing/disposal of remains is only coming out now? Were none of the "doctors" and guards and officers punished after the war?
Posted by: Der Schonen, Blauen, Donau at April 04, 2025 08:22 AM (G5+As) 94
I do however worry about the ruinous effects on the economy. My portfolio (S&P index funds mostly) is down over 20% since Trump took office. It's not a lot of money, I still have to collect a paycheck to live - but it's pretty brutal and I don't know if the American people have the patience to weather the storm thats coming.
Posted by: Defenestratus at April 04, 2025 08:16 AM (oLya/) ++++ There is not much of a choice. Tariffs or not, the equities market is primed for major declines. The stock market is probably not going to collapse, but trees do not grow to the sky. I thought it was going to happen two years ago, before the AI bubble reinflated it. But we are in an asset bubble. A major driver of it at the moment is AI, but values are nowhere close to reasonable in any major liquid asset market. The market *will* come down. The problem is who gets blames for it. In reality, there is blame aplenty to go around, but it will land on Trump. Whether it is politically survivable remains to be seen. But declines were baked in even before this. This will hasten it somewhat. Tariff and regulatory arbitrage are major economic activities and that whole trade complex is now disrupted. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:23 AM (WkNQM) 95
Livid Jim Cramer Tears Into Trump For Making Him 'Feel Like A Sucker' On Tariffs. “I thought they were going to do something,” Cramer told CNN’s Erin Burnett. “And what’d they do? They cratered the damn stock market and gave us nothing.”
Cramer, who opposes free trade and favors certain reciprocal tariffs, noted that that Trump had repeatedly insisted his tariffs would be “reciprocal” and was ready to support them as a result. “And that was gonna be so good, and I really believed in it,” Cramer admitted. “And I feel like a sucker tonight.” He said he was just as tough, if not tougher, on free trade issues than many of Trump’s own advisors. “But they screwed it up,” he said. “They did it a totally ill-advised way and I was very let down as someone who really, truly believes that free trade is awful for the American working person.” Cramer is sowing confusion and both-sider-isms to juice his TV ratings. His logic and arguments make no sense. Dear Mr. Cramer - Your face was delicious. - Leopard Too little, too late, shit-for-brains. Cramer's choice of presidents is even worse than his investment advice. Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 08:23 AM (ycI94) 96
Not so ruinous.
>>@EricLDaugh · >>3m 🚨 THERE IT IS: Pittsburgh native, Asheville Ford and Lincoln general manager Bob Slebonick: "F-150 - you'll be seeing savings upwards of $10,000." >>"I'm glad to see we're trying to bring work back to our country." Posted by: JackStraw at April 04, 2025 08:24 AM (LkLld) 97
FIRST!!!!!
Posted by: Sponge - F*ck Cancer at April 04, 2025 08:24 AM (Zz0t1) 98
Loudly, the U.S.—and again quietly Europe—concedes that Ukraine will not be in NATO—a confirmation that Russia will use to justify to its people its disastrous invasion...
I cannot take VDH seriously on the matter of this conflict. Russia's actions accomplished Russia's goals. The loss of life was exacerbated by Ukraine ripping up the draft Istanbul agreement - which, I believe is pretty close to what they're getting now - because Boris Johnson promised that US/UK would back them right into WW3. How will the West deter Putin from his inevitable agenda of reclaiming lost Soviet territory and Russian-speaking peoples? Here's a thought. Try not expanding NATO. Every single time Putin has acted to "reclaim lost Soviet territory" it was in response to NATO declaring that they were going to add that territory to the alliance. For now, his army is exhausted, its arsenals depleted, and its reputation shattered. Is it? Certainly the western media which whipsawed between Russia will be in Paris by Christmas and Ukraine will have won by Christmas tells us so. Personally, I'm skeptical. Posted by: I used to have a different nic at April 04, 2025 08:24 AM (ExV1e) 99
Ha! As best as I can tell, Thomas Sowell's remarks on the tariffs is in line with my reservations I posted about here yesterday.
Some people don't accept the the fact that tariffs are mainly a political tool to achieve an economical end and not a purely economic one. Trump is doing this to pressure the other countries to BACK OFF! Trump is not only burning down the Deep State, he want's to burn down the Globalist's economic status quo that says that the US needs to stay in it's lane and enrich the rest of the world based on the service economy we have been pushed into. Posted by: pawn at April 04, 2025 08:24 AM (QB+5g) 100
In the same way “free trade” was going to make other countries wealthy, it has - but impoverished Americans, the Internet was going to open up closed societies and make them more free.
Except the opposite has occurred. Censorship of once free democracies. It’s almost like the “experts” are full of shit. Almost. Posted by: Common Tater at April 04, 2025 08:24 AM (9IARY) 101
I got an email from my building supply company earlier this week:
"Structural panels, which had previously moved duty-free, are now also subject to the same 25% tariff. These measures have caused significant hesitation across the industry, leading to brief price spikes, a pause in speculative buying, and unpredictable trading activity. Canadian producers have responded by either holding firm on pricing or shifting focus to non-U.S. markets. Meanwhile, U.S. retailers are beginning to increase inventory positions in anticipation of rising prices, particularly in regions like the Northeast where Canadian imports play a large role in the supply chain." Posted by: Defenestratus at April 04, 2025 08:24 AM (oLya/) 102
Didn’t Israel just drop its tariffs against US products. So no tariffs would apply to them?
Posted by: Bulg at April 04, 2025 08:25 AM (77rzZ) 103
America has been getting anal raped for generations on tariffs. Trump is trying to remove the cock from America's ass.
The left loves anal, so they're fighting him tooth and nail to keep that cock in. Pete Buttigieg disapproves. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:25 AM (Zz0t1) 104
It's a fair cop - any attention paid to Jim Cramer is a waste of time.
Posted by: WitchDoktor at April 04, 2025 08:25 AM (FI4/S) 105
Poilievre’s dilemma: go more anti-Trump than the Liberals or hold his conservative base
So, do what it takes to try and grasp power or hold true to your supposed principles. Posted by: I used to have a different nic at April 04, 2025 08:26 AM (ExV1e) 106
Its always best to rip a rotten badge off fast. Trying to tweak it off is more painful and bloody.
Posted by: Pudinhead at April 04, 2025 08:26 AM (Hpgos) 107
Bandage - not badge. Fuck AI.
Posted by: Pudinhead at April 04, 2025 08:26 AM (Hpgos) 108
Morning, newsies,
All this screaming about Trumps' tariffs . . . remember, these are the same media talking heads who lied to us about W, lied during Obongo's Reign of Error, lied in the opposite direction during Trumps' first term, and lied for four achingly long years during MushBrain's occupation of the White House. Why should we believe them now??? Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 08:26 AM (YSQJG) 109
The practical basic premise can be described as, "they become free before we become poor, so we should do it and then everyone wins - even us."
Didn't happen that way. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:12 AM (WkNQM) _____ This^ -Youngstown OH Posted by: Chuck Martel at April 04, 2025 08:27 AM (Dv3i1) 110
"You're awash in blood and dirty money, and I hope that you are accountable for that one day."
------------ Good for you, Senator! Well said. Posted by: Huck Follywood at April 04, 2025 08:27 AM (l1OT8) 111
"Structural panels, which had previously moved duty-free, are now also subject to the same 25% tariff. These measures have caused significant hesitation across the industry, leading to brief price spikes, a pause in speculative buying, and unpredictable trading activity. Canadian producers have responded by either holding firm on pricing or shifting focus to non-U.S. markets. Meanwhile, U.S. retailers are beginning to increase inventory positions in anticipation of rising prices, particularly in regions like the Northeast where Canadian imports play a large role in the supply chain."
Posted by: Defenestratus at April 04, 2025 08:24 AM (oLya/) We're sooooo sorry you have to pay the tariffs that we've been paying for decades. Welcome to "free trade." Buy American. Build America. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:27 AM (Zz0t1) 112
Posted by: Pudinhead at April 04, 2025 08:26 AM (Hpgos)
Might have been an equally relevant autocorrect Posted by: ... at April 04, 2025 08:27 AM (YVzIj) 113
@94
>>The problem is who gets blames for it. In reality, there is blame aplenty to go around, but it will land on Trump. Whether it is politically survivable remains to be seen. Trumps problems are multi-fold, he's attempting one of the most ambitious reorganizations of the federal government, foreign policy and trade policy and economic policy simultaneously, and doing it with a largely useless and checked out GOP congress. He's got roughly a year to get the bulk of his agenda through and hope it shakes out the right way. But if anyone can manage this colossal feat, it's colossus himself. Posted by: Thomas Bender at April 04, 2025 08:27 AM (XV/Pl) 114
I respect Thomas Sowell immensely as a great mind of both economics and history and would agree with him about 98% of the ideas he so eloquently states.
But I disagree vehemently with him and the rest of the Friedman disciples that tariffs are always bad. In the normal order of things where nations follow the rules and everything turns even after the shuffle and back and forth between them. But we don’t have the normal order of things. We have cheaters and rule breakers galore. Everybody knows the sneaky, underhanded and sometimes criminal ways that China has reached its current heights. But the EU has, since Microsoft in the early-2000s, decided to get some extra revenue from American companies by drumming up some silly antitrust complaints followed by an EU commission taking a $1 billion payment in response. Now they make new laws solely for the purpose of targeting an American economic sector, mainly tech, with which to extract more billion$ when the company fails their purposeful high bar. It is not just the tariffs on every American product that makes Trump angry. It is the trade barriers & currency manipulation, from everywhere, all the time, that he’s aiming at also. Posted by: SpeakingOf at April 04, 2025 08:28 AM (6ydKt) 115
Ford also announced they will offer employee pricing to the public on all of their vehicles.
Posted by: JackStraw at April 04, 2025 08:28 AM (LkLld) 116
So the "Signal" thing is now old and forgotten. Hopefully my feathers grows back in time for this new tariff brouhaha.
Posted by: Chicken Little at April 04, 2025 08:28 AM (R/m4+) 117
In the spirit of International Carrot Day, I implore you all to add carrots to every meal, especially chili. Protect your eyesight. Do you want to go blind?
Posted by: Carrot and Penguin Alliance. at April 04, 2025 08:29 AM (G5+As) 118
Why Do 10 Nurses at the Same Hospital Have Brain Tumors?
A better question might be - how many other people have brain tumors and just don't know yet? Posted by: I used to have a different nic at April 04, 2025 08:29 AM (ExV1e) 119
“I thought they were going to do something,” Cramer told CNN’s Erin Burnett. “And what’d they do? They cratered the damn stock market and gave us nothing.”
You've proven a buffoon a thousand times over. There's an investment platform that invests according to the OPPOSITE of your recommendations and it's a net GAIN. STFU, fool. I don't pitty you. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:30 AM (Zz0t1) 120
Oddly, I don't remember Cramer commenting on Retard Biden's first acts at Resident, printing $5T of funny money and shutting down energy and pipelines as negative for the economy.
Posted by: Pudinhead at April 04, 2025 08:30 AM (Hpgos) Posted by: Rodrigo Borgia at April 04, 2025 08:30 AM (W5ArC) 122
Has Trump not earned at least a small amount of skepticism toward criticisms that whatever he is currently doing won't "work"?
For anyone who had to deal with supporting him in 2016 they might remember every utterance out of his mouth being "the end of Trump" as he garnered more and more and more support and ripped through the political establishment like a buzzsaw as the experts moved to the next and the next and the next "end of Trump". Posted by: ... at April 04, 2025 08:30 AM (YVzIj) 123
You do have to wonder whether you picked the wrong week to stop sniffing glue, though. My retirement . . .
Well, people still made a living, and often did well if they had industry and talent, during the Great Depression. The Ellery Queen cousins quit their advertising jobs in 1932 to write full-time. They didn't just write a book a year; they churned out four or five during '32-'33, two under a pen name. It must have been scary, as they were both married (and had kids then, I think), but it worked out. Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 08:31 AM (YSQJG) 124
... Cramer is sowing confusion and both-sider-isms to juice his TV ratings. His logic and arguments make no sense. ...
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 08:23 AM (ycI94) +++++ When your game is so simple that even DU people see right through it, it ain't much of a game. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:31 AM (WkNQM) 125
Why should we believe them now???
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 08:26 AM (YSQJG) BECAUSE!!!!!! *douses hair with lighter fluid* *lights zippo* Posted by: Sponge - F*ck Cancer at April 04, 2025 08:31 AM (Zz0t1) 126
Finally in the part of the year where it's warm enough to sit in my boxers and watch the sunrise with my coffee.
Gotta tell ya, I misread that at first and had to do a double take. Posted by: I used to have a different nic at April 04, 2025 08:31 AM (ExV1e) 127
Buy American. Build America.
Posted by: Sponge - F*ck Cancer at April 04, 2025 08:27 AM (Zz0t1) In the case of lumber - we don't make enough of it domestically to feed the market. Up here the lumber industry is huge - but it's very VERY hesitant to invest in capital improvements that will increase supply due to the volatility of lumber prices. There was quite a lot written about the lumber industry's reluctance to re-invest in itself during the koof building boom when a 2x4 was worth its weight in gold. Posted by: Defenestratus at April 04, 2025 08:32 AM (oLya/) 128
Morning JJ and the Horde
Posted by: Jonah at April 04, 2025 08:32 AM (YCxFk) 129
The interesting thing about the tariff backlash is the reaction in the bond market,. As money flows into bonds, interest rates are dropping fast and that runs contrary to the howls from stock pundits that tariffs are somehow inflationary.
Posted by: Huck Follywood at April 04, 2025 08:32 AM (ukV97) 130
> They didn't just write a book a year; they churned out four or five during '32-'33,
There were more than a few of those pulp legends back in those days. Walter B. Gibson, who wrote under many different names, famously had eight typewriters in his house, with a story in progress on every one. Posted by: Rodrigo Borgia at April 04, 2025 08:32 AM (W5ArC) 131
Why Do 10 Nurses at the Same Hospital Have Brain Tumors?
Because they were required to get the clot shot to keep working there. Posted by: rickb223 at April 04, 2025 08:32 AM (ejfFE) 132
Here's a good synopsis of what is likely Trump's overall plan with regard to the tariffs and our economy:
https://tinyurl.com/2nz2j4v2 I'm on board. Some front-end pain, but there's a bright light at the end of the tunnel imho. Posted by: IrishEi at April 04, 2025 08:32 AM (3ImbR) 133
So the "Signal" thing is now old and forgotten. Hopefully my feathers grows back in time for this new tariff brouhaha.
Posted by: Chicken Little at April 04, 2025 08:28 AM (R/m4+) It's not over. They're opening an investigation into Hegseth's Signal use. The Deep State. It retaliates. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:33 AM (Zz0t1) 134
So a 80k Ford Truck, will only be 75?
Posted by: Jonah at April 04, 2025 08:33 AM (YCxFk) 135
Have a great vacation, Teresa, but one note of caution. DO NOT got to Legoland barefoot.
Posted by: Sole Survivor at April 04, 2025 08:33 AM (G5+As) 136
Finally in the part of the year where it's warm enough to sit in my boxers and watch the sunrise with my coffee.
Gotta tell ya, I misread that at first and had to do a double take. Posted by: I used to have a different nic at April 04, 2025 08:31 AM (ExV1e) ---- Notice he doesn't mention putting on pants before going off to the salt mines... Posted by: "Perfessor" Squirrel at April 04, 2025 08:33 AM (7fElN) 137
Why should we believe them now???
Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 * BECAUSE!!!!!! *douses hair with lighter fluid* *lights zippo* Posted by: Sponge - F*ck Cancer at April 04, 2025 *** A Zippo with a pipe-lighter insert works even better. Just sayin'. Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 08:33 AM (YSQJG) 138
Because they were required to get the clot shot to keep working there. Posted by: rickb223 at April 04, 2025 08:32 AM (ejfFE) This. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:33 AM (Zz0t1) 139
Being a service economy has numbed thinking. There has to be a goods and service economy to be sustainable and those goods need to be in something other than bytes and pixels.
Posted by: Ben Had at April 04, 2025 07:39 AM (XNkRi) Preach, sister. Posted by: I used to have a different nic at April 04, 2025 08:33 AM (ExV1e) 140
It's a Gordian Knot, and there's only one way through a Gordian Knot.
But *nobody* likes that one way. It's extremely disruptive, many fortunes are destroyed, many lives are ruined and nations fall when it happens. Posted by: Joe Mannix When circumstances dictate that policy must be delivered with the sword, pain and loss are part of the results. What's coming will test our character. Posted by: Sock Monkey * feeling a bit atavistic at April 04, 2025 08:33 AM (J1mV/) 141
In the same way “free trade” was going to make other countries wealthy, it has - but impoverished Americans, the Internet was going to open up closed societies and make them more free.
Except the opposite has occurred. Censorship of once free democracies. It’s almost like the “experts” are full of shit. Almost. Posted by: Common Tater at April 04, 2025 08:24 AM (9IARY) ++++ Their premise is wrong. They made two crucial errors - errors I think were largely innocent - in their core assessment: 1. Everyone is like us 2. Man's natural state is one of liberty Any tool will improve basic liberty and openness, because man's natural state is liberal and open. Given the ability to accelerate liberty and openness, it will happen naturally. Not so. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:33 AM (WkNQM) 142
132. Hopefully that bright light, will be well before the 2026 midterms. Cannot afford to lose the Senate for confirming Judges
Posted by: Jonah at April 04, 2025 08:34 AM (YCxFk) 143
228k jobs created in March, almost all in the private sector. January revised down by 14, February jobs revised downward 34k. Unemployment rate up slightly. Overall good report
Posted by: Smell the Glove at April 04, 2025 08:34 AM (7A/rN) 144
Pam Bondi is looking sleepy but cute.
3 MS-13 gang members indicted, government will seek death penalty. Posted by: Rodrigo Borgia at April 04, 2025 08:34 AM (W5ArC) 145
Jason Cohen
@JasonJournoDC Elie Mystal "REALLY WORRIED" that Trump Admin could snatch him up over his articles "We live in a country where you can get snatched up off the street for writing an article ... this is something that has really worried me." "And we can say, 'Well, it only happened to green card holders.' Yeah, now. So far. How long before it happens to me? I'm an American. I was born in Queens, right?" https://tinyurl.com/5avxnjpd Posted by: redridinghood at April 04, 2025 08:34 AM (NpAcC) 146
Finally in the part of the year where it's warm enough to sit in my boxers and watch the sunrise with my coffee.
Ring camera point the correct direction and you can sit in your barca-lounger 365 days a year. Modern problems require modern solutions. Posted by: rickb223 at April 04, 2025 08:35 AM (ejfFE) 147
Zelenskyyyy seems to have dropped from the msm' attention.
Posted by: davidt at April 04, 2025 08:35 AM (i0F8b) 148
So a 80k Ford Truck, will only be 75?
Posted by: Jonah at April 04, 2025 08:33 AM (YCxFk) Over $2500 of ever vehicle sold goes straight into the union health insurance fund. Seems small until you learn that the UAW average worker makes $85 per hour. Regardless of the job they perform. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:35 AM (Zz0t1) 149
"We live in a country where you can get snatched up off the street for writing an article ... this is something that has really worried me."
Where in the US has this happened? WHERE?!? It hasn't. GFY, asshole. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:36 AM (Zz0t1) 150
Dow set to lose another 1000 points today .
Posted by: Aliassmithsmith at April 04, 2025 07:39 AM (tWfI/) I already slit my wrists yesterday. I'm starting to think some of you are actually 29 and didn't live through 1987. Call me when it drops 10k in a couple hours. Posted by: I used to have a different nic at April 04, 2025 08:36 AM (ExV1e) 151
Elie Mystal "REALLY WORRIED" that Trump Admin could snatch him up over his articles
"We live in a country where you can get snatched up off the street for writing an article ... this is something that has really worried me." "And we can say, 'Well, it only happened to green card holders.' Yeah, now. So far. How long before it happens to me? I'm an American. I was born in Queens, right?" You don't have to worry until we start going after the stupid people and drama queens. THEN you'll be at the top of the list. Guaranteed. Posted by: rickb223 at April 04, 2025 08:36 AM (ejfFE) 152
“Poverty causes crime” was the mantra in the 1960s.
A cursory look shows the opposite is true as well. Crime causes anybody with money to Unass the AO. Prevention costs are large. What does it cost to buy those bars on the windows? Or those roll down metal gates to cover the building facade at night? Security lights, burglar alarms, and 3” thick glass between the customer and getting buzzed in like it’s a bank vault? See also “Food Deserts”. Grocery stores, a low margin business if there ever was one, the only color they care about is green. When they are constantly robbed, shoplifted, and shrinkaged out of business, all the dumbasses come out of the woodwork and blame Whitey. It is to laugh. Posted by: Common Tater at April 04, 2025 08:37 AM (9IARY) 153
I'm starting to think some of you are actually 29 and didn't live through 1987. Call me when it drops 10k in a couple hours.
Posted by: I used to have a different nic at April 04, 2025 08:36 AM (ExV1e) -- And we didn't even get a recession out of that. Posted by: WitchDoktor at April 04, 2025 08:37 AM (cgsEd) 154
>It's a Gordian Knot, and there's only one way through a Gordian Knot.
--- Sword of Damocles! Excalibur? I give. how Posted by: Don Black at April 04, 2025 08:37 AM (AOsQT) 155
I just lived through four years of a genuinely "ruinous" administration, one that operated with total malice aforethought in its every action to destroy traditional America. We now have a president who genuinely loves this country and understands the national and international forces arrayed against we the people. I've decided to give him my support on these economic matters.
Posted by: Ordinary American at April 04, 2025 08:37 AM (vsTPo) 156
They didn't just write a book a year; they churned out four or five during '32-'33,
There were more than a few of those pulp legends back in those days. Walter B. Gibson, who wrote under many different names, famously had eight typewriters in his house, with a story in progress on every one. Posted by: Rodrigo Borgia at April 04, 2025 *** "The Shadow" guy, among others? The EQ cousins not only produced in volume, they produced quality work too. They were quite a few steps above pulp; it showed, and people bought their books in a time when a new hardcover cost, what, $2.95? And there were no paperback houses yet. Movies cost a nickel, as did a phone call. So three bucks was a big outlay. But people bought. The cousins worked the market. Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 08:37 AM (YSQJG) 157
Being a service economy has numbed thinking. There has to be a goods and service economy to be sustainable and those goods need to be in something other than bytes and pixels.
Posted by: Ben Had at April 04, 2025 07:39 AM (XNkRi) ++++ I think this is the main reason for the contemporary "philanthropy" lunacy from our industrialists like Gates and Zuckerberg. Software, finance, services, etc. are real but they are not corporeal. There is no physical link to reality. It is in a very real sense analogous to magic. Our contemporary industrialists didn't get rich in reality, they got rich a couple of abstracted layers up from reality. That they have insane notions should not be surprising. Reality underpins everything, of course - without Taiwanese factor workers assembling servers in a Quanta factory, none of it can happen - but it is many orders away from where they operate. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:37 AM (WkNQM) 158
There is no doubt that people who are leveraged into investments are going to feel some pain.
Making money on having money is never a sure thing. The question is, "Do you trust Trump?" Everyone here pretty much is of the mind that things cannot continue the way they are going. If you are worried about "loosing money" take it out of the market. Posted by: pawn at April 04, 2025 08:38 AM (QB+5g) 159
134 So a 80k Ford Truck, will only be 75?
Posted by: Jonah at April 04, 2025 08:33 AM (YCxFk) They'll toss in the absolutely worst 10 speed automatic transmission ever made free of charge. Posted by: Defenestratus at April 04, 2025 08:38 AM (oLya/) 160
> "The Shadow" guy, among others?
Yep, that's the guy. At his peak he was cranking out more than a million words of fiction per year. Posted by: Rodrigo Borgia at April 04, 2025 08:39 AM (W5ArC) 161
Elie Mystal "REALLY WORRIED" that Trump Admin could snatch him up over his articles
Then maybe you should be less of a jerk. It might help. Posted by: NR Pax at April 04, 2025 08:39 AM (BpO1e) 162
Zelenskyyyy seems to have dropped from the msm' attention.
Posted by: davidt at April 04, 2025 08:35 AM (i0F8b) ++++ Not my neighbor! His Ukraine-flag yard sign was getting worn out, and he just replaced it with a new and bright "Slava Ukraini" yard sign. This one has a drawing of wheat on it, I think. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:39 AM (WkNQM) 163
It's a Gordian Knot, and there's only one way through a Gordian Knot.
--- Sword of Damocles! Excalibur? I give. how Posted by: Don Black Slice like a f'n hammer! Posted by: rickb223 at April 04, 2025 08:39 AM (ejfFE) 164
Tariffs in the first category are usually bad and cause high costs and dislocations.
I would argue that tariffs designed to retain critical industrial infrastructure, pharmaceutical or weapon production for example, may be unfortunate but lacking those capabilities if the producing nation turns hostile are worse. Posted by: I used to have a different nic at April 04, 2025 08:39 AM (ExV1e) 165
Is it .. possible …. that 50 years of the almighty confetti-buck generator set on “High”, and interest rates set to “Null”, some of the excess effluvia made its way into the market?
They can save the dollar. Or they can save the markets. They can’t save both Posted by: Common Tater at April 04, 2025 08:40 AM (9IARY) 166
A cursory look shows the opposite is true as well. Crime causes anybody with money to Unass the AO. Prevention costs are large. ...
Posted by: Common Tater at April 04, 2025 08:37 AM (9IARY) ++++ Yup and, as you mentioned, the policy and academia drones invented "white flight" to explain it. It was not "white" flight, it was *middle class and above* flight. Anyone with anything to lose got the hell out. Middle class blacks and Asians fled Detroit, too. Anyone with something to protect left. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:41 AM (WkNQM) 167
155 I just lived through four years of a genuinely "ruinous" administration, one that operated with total malice aforethought in its every action to destroy traditional America. We now have a president who genuinely loves this country and understands the national and international forces arrayed against we the people. I've decided to give him my support on these economic matters.
Posted by: Ordinary American at April 04, 2025 08:37 AM (vsTPo) ______ Biden admin was metaphorically pumping morphine into America's veins for 4 years of palliative care. There is going to be some withdrawal symptoms as Trump attempts to restore and revive America. Posted by: Chuck Martel at April 04, 2025 08:41 AM (Dv3i1) 168
Dude called her "General Bondi".
Is that correct usage? I don't think I've heard that before. Already noted that Bondi looks very cute when she's sleepy. Wouldn't mind seeing that look in my bed of a morning. Posted by: Rodrigo Borgia at April 04, 2025 08:41 AM (W5ArC) 169
I'm writing in a coffee shop in the 'burbs, waiting to head over to my mechanic for the Buick's maintenance session. I first came out on Wed., but half of his staff were out sick; it was just him and his brother. He asked if I could come back today.
Afterward, grocery shopping, then lunch. This pm I intend to clean off my desk, wipe it down with polish, and remove the old XP computer, to replace it with the iMac. Fewer cords and a more modern operating system, plus a bigger screen. Winning! Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 08:41 AM (YSQJG) 170
Dow set to lose another 1000 points today .
Posted by: Aliassmithsmith See 2003, 2008, 2020, and 2022. Posted by: Thomas Paine at April 04, 2025 08:41 AM (lTGtQ) 171
We need to stop pretending evil China has forced our hand.
The reality is American corporations have decided they would rather use third world, second world, slave and child labor to increase profit margins instead of taking care of the people in their own country. The decision to move factories there was not a decision forced on American companies, it was a decision consciously undertaken, carefully planned, and fully invested in by corporate heads who don't give two f*cks about America, the well-being of their previous work staff, the condition of our society, or the eventual outcome of their decisions. Further more, as they see the standard of living rising in China, where they will no longer be able to reap as much profit as Chinese wages rise, they are taking measures to find other sources of slave labor or, indeed, to lob money at D.C. to allow hordes of third worlders to enter this country such that they can be exploited at home and abroad. They don't care if your daughters are raped or your lawnmower stolen or your family members die miserable, penniless, overdosed on drugs in the street. American corporatism and its unchecked greed will kill the nation. Posted by: It's Not That Hard at April 04, 2025 08:41 AM (PEDYf) 172
The chief of police of Bloomington, Minnesota referred to an individual who was caught keying a Tesla vehicle last month as a “victim,” and said the vandal will not face charges.
----------------------- Will the chief face charges then? Vandalism is bad enough, but expressly ignoring law in favor of your ideology is worse. Posted by: Huck Follywood at April 04, 2025 08:42 AM (pWyh/) Posted by: Sponge - F*ck Cancer at April 04, 2025 08:42 AM (Zz0t1) 174
I would argue that tariffs designed to retain critical industrial infrastructure, pharmaceutical or weapon production for example, may be unfortunate but lacking those capabilities if the producing nation turns hostile are worse.
Posted by: I used to have a different nic at April 04, 2025 08:39 AM (ExV1e) ++++ There is a broader national security argument, yeah. "This sucks. This is expensive. This is non-competitive and brings major opportunity costs. We have to bear it, though, if we are going to survive." That isn't a "there are no consequences" argument, but a "the price is worth paying" argument. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:42 AM (WkNQM) 175
Good morning all!
Posted by: Eromero at April 04, 2025 08:42 AM (p4vtc) 176
They'll toss in the absolutely worst 10 speed automatic transmission ever made free of charge.
Posted by: Defenestratus at April 04, 2025 08:38 AM (oLya/) Thank you for your support!!! Posted by: The Bangladeshi Transmission at April 04, 2025 08:43 AM (Zz0t1) 177
It's a Gordian Knot, and there's only one way through a Gordian Knot.
--- Sword of Damocles! Excalibur? I give. how Posted by: Don Black * Slice like a f'n hammer! Posted by: rickb223 at April 04, 2025 *** There's also the Zippo alternative, as mentioned above. Posted by: Wolfus Aurelius, Dreaming of Elsewhere at April 04, 2025 08:43 AM (YSQJG) 178
Notice when Mark Carney or Ursula Van Der Lyen or any other targeted nation talk about the tariffs they will never mention their own tariffs and other barriers they put on our products.
They never reveal to their own people that Trump might have a point. They won’t sit down and negotiate as equals between themselves and their counterparts here in the U.S. Instead they stand up there behind a podium talking about unfair this, illegal that, rules for this, standards, and coming global economic chaos. Because they all like the way things are now and know they can never compete with us on an even playing field and still be able to afford the welfare states and regulations that have been eroding their economies since the end of the 1960s. So they whine, stall, then threaten to retaliate and sue in some international organization. Then they’ll try and wait things out, while playing the victim, never facing the truth that the systems they’ve built are just as unsustainable as the social welfare trading system we’re currently in. The problem with socialism is that you eventually run out of other people's money - Margaret Thatcher Posted by: SpeakingOf at April 04, 2025 08:43 AM (6ydKt) 179
Posted by: Village Idiot's Apprentice at April 04, 2025 07:51 AM (a1415)
I was confused for a minute until I realized you didn't intend for those two points to be connected. Posted by: I used to have a different nic at April 04, 2025 08:43 AM (ExV1e) Posted by: Auspex at April 04, 2025 08:44 AM (j4U/Z) 181
You can say what you want but Mr. Sowell is correct. I will add it is going to be a very bumpy and stressful ride for American citizens for quite a time to come.
Posted by: Joe at April 04, 2025 08:44 AM (Uy/WF) 182
Yesterday the Senate confirmed Dr. Oz, 53-45 along party lines to head Medicare and Medicaid,
Posted by: redridinghood at April 04, 2025 08:44 AM (NpAcC) 183
See 2003, 2008, 2020, and 2022. Posted by: Thomas Paine at April 04, 2025 08:41 AM (lTGtQ) You're wrong. The DOW has never lost points in it's entire history of ever. The only time was after 9-11 and that was a terror attack. Everything else is unicorn farts and roses until TRUMP!!!! Posted by: Sponge - F*ck Cancer at April 04, 2025 08:44 AM (Zz0t1) 184
Proof positive men shouldn't swallow man juice.
Posted by: Sponge - F*ck Cancer at April 04, 2025 08:42 AM (Zz0t1) ++++ But if I'm denying others my essence, what else am I to do with it? Posted by: Confused at April 04, 2025 08:44 AM (WkNQM) 185
@177 Nuke the Gordian Knot from orbit, just to make sure
Posted by: Smell the Glove at April 04, 2025 08:45 AM (7A/rN) 186
Favorable balance of trade. America has to make things people want to buy. A “service economy” is fairy tale thinking.
That’s not even getting into national security issues. Where were all those smart guys the last 50 years while our industry was hollowed out? Throwing Russia under the bus has to be Europe’s own goal on steroids. “That’ll show ‘em!”. I read somewhere, America sends spent nuclear fuel rods off to Vlad to be reprocessed. We don’t do that here, because of Jimmy Carter, nukular expert peanut farmer. Why not? Where do we send them now? Posted by: Common Tater at April 04, 2025 08:46 AM (9IARY) 187
Good morning all and thanks JJ. I’m a little late this morning
I’m not an economist, don’t play one on TV and I didn’t even sleep at a Holiday Inn last night…. But I recall reading a book by Amity Shlaes which convinced me that the Great Depression was not caused by Smoot-Hawley tariffs but was caused by awful regulatory policies that started with Hoover and were exacerbated by FDR. Both were big government liberals who should’ve continued the Coolidge policies but instead went the other way Posted by: LinusVanPelt at April 04, 2025 08:46 AM (i5Vkf) 188
Had no idea we had so many miners on the site. Salt miners and someone recently retired from the electron mines. What a diverse group!
BTW, Fred Rutherford and Ward Cleaver worked in the same office. Fred described it as the salt mines. He also had Rancho Rutherford on his mailbox. Posted by: I Got The Shaft at April 04, 2025 08:46 AM (G5+As) 189
Dan Crenshaw is already running television ads for himself before the 2026 primary.
Posted by: redridinghood at April 04, 2025 08:46 AM (NpAcC) 190
Tariffs also bring up the discussion about salaries, worker salaries here in the US that would be paid to have workers build "the stuff" that workers in some third world shithole do for pennies.
I'm ambivalent as I think US workers can build stuff just as shitty as the Chinese can... but at 10x the cost. Is that worth a robust workforce? Does it help the economy enough? Some think so. Some don't. Posted by: Martini Farmer at April 04, 2025 08:47 AM (Q4IgG) 191
But if I'm denying others my essence, what else am I to do with it?
Posted by: Confused at April 04, 2025 08:44 AM (WkNQM) Prostitution is legal in Nevada. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:47 AM (Zz0t1) 192
I'm starting to think some of you are actually 29 and didn't live through 1987. Call me when it drops 10k in a couple hours.
Posted by: I used to have a different nic I can still recall sitting in the break room watching several coworkers, close to retirement, in tears. My contributions to our "retirement " fund are sitting in the safe. Mrs. Sock's contributions are in the market, on the roller-coaster. We both know it's all gravy. The only question is will it be thick and succulent or thin and watery. Posted by: Sock Monkey * feeling a bit atavistic at April 04, 2025 08:47 AM (J1mV/) 193
The trick is to get Roberts to do the right thing for the wrong reason, which is preserving the prerogatives of SCOTUS.
Nice touch with the Congessional hearings on universal injunctions. In case Roberts needs it made more plain. Posted by: Ignoramus at April 04, 2025 08:47 AM (6WzJA) 194
Trump only cares about Wall Street Fatcats!!! Oh wait
Posted by: ... at April 04, 2025 08:47 AM (YVzIj) 195
Dan Crenshaw is already running television ads for himself before the 2026 primary.
Posted by: redridinghood at April 04, 2025 08:46 AM (NpAcC) Oh PLEASE. SOMEONE with money back his opponent and TELL THE TRUTH. That man needs a cock in his eyehole. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:47 AM (Zz0t1) 196
Many of the questions concerned the politically messy end of the mission, in which the Trump White House claimed it had rescued the astronauts after they were stranded by the Biden administration. This was not true, but it is also not a question that active astronauts are going to answer. They have too much respect for the agency and the White House that appoints its leadership. They are trained not to speak out of school. As Wilmore said repeatedly on Monday, "I can't speak to any of that. Nor would I."
... if only Disney had such a policy for Rachel Zegler Posted by: SMOD at April 04, 2025 08:48 AM (GITLP) 197
Dan Crenshaw is already running television ads for himself before the 2026 primary.
Posted by: redridinghood at April 04, 2025 08:46 AM (NpAcC) Eye on the ball. Posted by: ... at April 04, 2025 08:48 AM (YVzIj) 198
Trump only cares about Wall Street Fatcats!!! Oh wait
Posted by: ... at April 04, 2025 08:47 AM (YVzIj) Somehow, some way, this benefits Putin....I just know it. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:48 AM (Zz0t1) 199
>Dude called her "General Bondi".
Is that correct usage? I don't think I've heard that before. --- No. It's not like she holds a military rank. If the questioner wanted to be formal about it, maybe 'Madam Attorney General' I'd call her 'Pammie', but that's just me Posted by: Don Black at April 04, 2025 08:48 AM (AOsQT) 200
Here's a good synopsis of what is likely Trump's overall plan with regard to the tariffs and our economy:
https://tinyurl.com/2nz2j4v2 I'm on board. Some front-end pain, but there's a bright light at the end of the tunnel imho. Posted by: IrishEi at April 04, 2025 08:32 AM (3ImbR) ------------------ Great read. Thanks for the link. Posted by: Huck Follywood at April 04, 2025 08:48 AM (l1OT8) 201
Posted by: I used to have a different nic at April 04, 2025 08:36 AM (ExV1e)
1987--exactly. Everybody was panicking, but Reagan just kept his cool, did nothing, and everything recovered in about 6 months or less. The Great Depression was largely created by Hoover acting like a Democrat, overreacting, and imposing a shit-load of government regulation. Posted by: Angzarr the Cromulent at April 04, 2025 08:48 AM (XMwZJ) 202
The killing blow that finished off any hope of the people in Youngstown that the government cared about them is when the Market Street bridge was rebuilt using Japanese steel.
That bridge passes over a large part of the then decaying mill district. It was a psychological bow that finished off what was left of the American dream there. Everyone that drove over that bridge knew and saw what the future was through their own eyes. Posted by: pawn at April 04, 2025 08:49 AM (QB+5g) 203
Elue Mystal should be afraid that a bunch of illegal gangbangers don't treat him like Ned Beatty in Delivance
Posted by: Smell the Glove at April 04, 2025 08:49 AM (7A/rN) 204
Where in the US has this happened? WHERE?!?
It hasn't. GFY, asshole. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:36 AM (Zz0t1) ******** He knows that the listeners will believe him and that's all that matters as it will be more votes against the evil Republicans. Posted by: redridinghood at April 04, 2025 08:50 AM (NpAcC) 205
Elue Mystal should be afraid that a bunch of illegal gangbangers don't treat him like Ned Beatty in Delivance
Posted by: Smell the Glove at April 04, 2025 08:49 AM (7A/rN) Mmmmmm.....tightey whiteys........ Posted by: Pete Buttigieg at April 04, 2025 08:51 AM (Zz0t1) 206
You can say what you want but Mr. Sowell is correct. I will add it is going to be a very bumpy and stressful ride for American citizens for quite a time to come.
Posted by: Joe at April 04, 2025 08:44 AM (Uy/WF) ++++ Sowell is partly correct, but I think he ignores varying purposes too much. But essentially, yes: tariffs are taxes, and taxes cost. There are other costs associated with continuing as we have been. Will those offset? Will we come out ahead? I don't know and we probably can't predict it anyway. We can't even agree broadly on what the costs even *are*. But what has been going on cannot be sustained. We're out of money and people are increasingly out of patience. It's going to bumpy. It has been bumpy. The bumps will likely get worse. The end of the world isn't fun. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:51 AM (WkNQM) 207
Interesting how they never want to talk about the British central bank's role in the crash of 1929. So much easier to blame it on US. Sowell knows that's not the main reason for the crash.
Posted by: Notsothoreau at April 04, 2025 08:51 AM (cvWHI) 208
But I recall reading a book by Amity Shlaes which convinced me that the Great Depression was not caused by Smoot-Hawley tariffs but was caused by awful regulatory policies that started with Hoover and were exacerbated by FDR. Both were big government liberals who should’ve continued the Coolidge policies but instead went the other way
Posted by: LinusVanPelt at April 04, 2025 08:46 AM (i5Vkf) Milton on the Great Depression https://www.youtube.com/watch?v=dgyQsIGLt_w Posted by: rhennigantx at April 04, 2025 08:52 AM (gbOdA) 209
But I recall reading a book by Amity Shlaes which convinced me that the Great Depression was not caused by Smoot-Hawley tariffs but was caused by awful regulatory policies that started with Hoover and were exacerbated by FDR. Both were big government liberals who should’ve continued the Coolidge policies but instead went the other way
Posted by: LinusVanPelt -- There are as many theories about what caused the Great Depression as there are JFK conspiracies. My education on it favored the monetary aspect, inasmuch as the money supply shrank by a third overnight. Deflation is a very slow process and since in Economics things tend to take the path of least resistance, unemployment was the result. This is compounded by Hoover...not really doing anything and hoping that things would resolve. It really was the increased WWII spending that snapped us out of it, hence the truism that the easiest way to cure an economy is to provoke a war. 😁 Posted by: WitchDoktor at April 04, 2025 08:53 AM (mEGls) 210
I'd call her 'Pammie', but that's just me Posted by: Don Black at April 04, 2025 08:48 AM (AOsQT) I'd call her Pussy if I were Bond....... Posted by: Sponge - F*ck Cancer at April 04, 2025 08:53 AM (Zz0t1) 211
He actually makes some good points.
Posted by: J.J. Sefton at April 04, 2025 08:01 AM (x0n13) I don't have a daily wire subscription but I didn't see anything I would call a good point in preview section. I'm sure things look good from the vantage point of a pundit and lawyer. They looked pretty good, in general, for an old software engineer (like me). But I've seen too much of the impact on everyone else. Cheap cell phones? I guess that's great for the people in NYC who buy a new one every year but for the folks in flyover who're reduced to being one of the 500 uber drivers in town of 400, it kind of sucks. Posted by: I used to have a different nic at April 04, 2025 08:53 AM (ExV1e) 212
I wonder if "Sexy Attorney General" is going to be a popular adult Halloween costume this year (along with the traditional Sexy Nurse, Sexy Librarian, Sexy Sanitation Worker..."
Posted by: Rodrigo Borgia at April 04, 2025 08:54 AM (W5ArC) 213
Oh no, cheap gas!
>>@EricLDaugh · >>22m 🚨 JUST IN: Oil prices plunge to the lowest level since 2021 - WSJ Posted by: JackStraw at April 04, 2025 08:54 AM (LkLld) 214
Posted by: Martini Farmer at April 04, 2025 08:47 AM (Q4IgG)
Sure, American workers can make crappy stuff. But they can also make great stuff. Just over 2 decades ago, I furnished my home with 100% USA made furniture. Extremely high quality--especially when compared to the complete crap I see in furniture stores today. It's quite stark, really. Posted by: Angzarr the Cromulent at April 04, 2025 08:54 AM (XMwZJ) 215
Cheap cell phones? I guess that's great for the people in NYC who buy a new one every year but for the folks in flyover who're reduced to being one of the 500 uber drivers in town of 400, it kind of sucks.
Posted by: I used to have a different nic at April 04, 2025 08:53 AM (ExV1e) ABC News tells me that Trump's tariffs mean iPhones are now $3000 instead of $1000 so we're all going to die. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:55 AM (Zz0t1) 216
>>> 133 So the "Signal" thing is now old and forgotten. Hopefully my feathers grows back in time for this new tariff brouhaha.
Posted by: Chicken Little at April 04, 2025 08:28 AM (R/m4+) It's not over. They're opening an investigation into Hegseth's Signal use. The Deep State. It retaliates. Posted by: Sponge - F*ck Cancer at April 04, 2025 08:33 AM (Zz0t1) Who is "they", and by what authority are they "investigating"? Same Authoritah by which Judge Nobody from Podunk District overrules President OrangeManBad? Posted by: Helena Handbasket at April 04, 2025 08:55 AM (Vqx30) 217
I wonder if "Sexy Attorney General" is going to be a popular adult Halloween costume this year (along with the traditional Sexy Nurse, Sexy Librarian, Sexy Sanitation Worker..."
Posted by: Rodrigo Borgia at April 04, 2025 08:54 AM (W5ArC) ++++ No. "Sexy bureaucrat" is one of those things that can and does happen, but it can never enter the cultural zeitgeist. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:55 AM (WkNQM) 218
The world as we knew it is already gone. That's a very hard thing to come to terms with.
Honestly, the world as we knew it was awash in evil. The new one may be no better but we have a chance. I'm kind of stoked about it. Posted by: I used to have a different nic at April 04, 2025 08:55 AM (ExV1e) 219
>>22m
🚨 JUST IN: Oil prices plunge to the lowest level since 2021 - WSJ Posted by: JackStraw at April 04, 2025 08:54 AM (LkLld) I think I saw that OPEC+ production was up around 4%. Posted by: rhennigantx at April 04, 2025 08:55 AM (gbOdA) 220
Honestly, the world as we knew it was awash in evil. The new one may be no better but we have a chance. I'm kind of stoked about it.
Posted by: I used to have a different nic at April 04, 2025 08:55 AM (ExV1e) ++++ That's the other side of the end of the world: the new world that replaces it. Does it suck? Probably, if history is any indication. But it needn't suck and it will at least suck differently. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:56 AM (WkNQM) 221
ABC News tells me that Trump's tariffs mean iPhones are now $3000 instead of $1000 so we're all going to die.
Posted by: Sponge - F*ck Cancer at April 04, 2025 08:55 AM (Zz0t1) we are DoOmeD! DOoMED!! Posted by: vmom deport deport deporte at April 04, 2025 08:57 AM (7gFa4) 222
>I'd call her Pussy if I were Bond.......
Posted by: Sponge ---- in that case, it's pronounced 'poocy' Posted by: Don Black at April 04, 2025 08:57 AM (AOsQT) 223
I won't pretend to understand the ins and outs of international trade. That said, I'm with you fellers.
Posted by: Don Black at April 04, 2025 08:05 AM (AOsQT) Delmar, is that you? Posted by: I used to have a different nic at April 04, 2025 08:57 AM (ExV1e) 224
200 Here's a good synopsis of what is likely Trump's overall plan with regard to the tariffs and our economy:
https://tinyurl.com/2nz2j4v2 I'm on board. Some front-end pain, but there's a bright light at the end of the tunnel imho. Posted by: IrishEi at April 04, 2025 08:32 AM (3ImbR) Yes, I agree. The key takeaway in my opinion: "FDR had fireside chats. Reagan had Morning in America. Trump needs a similar consistent messaging to America." I suggest bi-weekly (every other week) short, 5-10 minute addresses. If networks don't give him across-the-board time, exercise the emergency broadcast system and preempt them. Posted by: Ordinary American at April 04, 2025 08:57 AM (vsTPo) 225
Who is "they", and by what authority are they "investigating"? Same Authoritah by which Judge Nobody from Podunk District overrules President OrangeManBad?
Posted by: Helena Handbasket at April 04, 2025 08:55 AM (Vqx30) "DOD Inspector General Launches Probe Into Pete Hegseth Over His Use of Signal" Posted by: Sponge - F*ck Cancer at April 04, 2025 08:57 AM (Zz0t1) 226
The decision to move factories there was not a decision forced on American companies, it was a decision consciously undertaken, carefully planned, and fully invested in by corporate heads who don't give two f*cks about America, the well-being of their previous work staff, the condition of our society, or the eventual outcome of their decisions.
----- Corporations were doing what all corporations do. Acting on the best interests of their shareholders. Thats their only purpose for existing. Expecting the corporation to act out of some patriotic principle in lieu of gaining a competitive advantage by offshoring would risk a breach of fiduciary duty. The flaw in blaming the corporations for this is that they were simply reacting to the prevailing political/socio-economic conditions in the US that made other countries' labor markets more appealing. Thats why I don't like tariffs in general because they merely paper-over the underlying causes of our uncompetitiveness - instead of resolving them. Posted by: Defenestratus at April 04, 2025 08:57 AM (oLya/) 227
The end of the world isn't fun.
Posted by: Joe Mannix (Not a cop!) Much evidence points to the conclusion that we are in an extended Judgement Day, with the actual end of the world coming in 2033. Posted by: Deck Chairs, Titanic at April 04, 2025 08:58 AM (G5+As) 228
By the way, good employment report 228k on expectations of 140k.
Unemployment rate ticked to 4.2 from 4.1 Posted by: WisRich at April 04, 2025 08:58 AM (2MyAD) 229
in that case, it's pronounced 'poocy' Posted by: Don Black at April 04, 2025 08:57 AM (AOsQT) I'm not British, so...... Posted by: Sponge - F*ck Cancer at April 04, 2025 08:59 AM (Zz0t1) 230
The DOD IG was appointed by Trump. I anticipate a report which says "it was a mistake but no harm done. Lesson learned"
Posted by: Smell the Glove at April 04, 2025 08:59 AM (7A/rN) 231
I don't think you can trust any experts right now, not even Sowell. Trump affects people.
A key difference is Smoot/Hawley happened before the Marshal Plan. Smoot/Hawley triggered retaliatory tariffs on previously un-tariffed American goods. Trump's tariffs are actually retaliatory tariffs just long delayed. What is Japan gonna do, raise the tariff on American beef? Europe raise tariffs on US autos? Those tariffs are already high. The worst that will happen, driving trade to China and tariffs on American goods, has already happened. We are on the slide down, trying to grab something to stop us. Posted by: thesgm at April 04, 2025 08:59 AM (cVZbB) 232
JUST IN: Oil prices plunge to the lowest level since 2021 - WSJ
Posted by: JackStraw at April 04, 2025 08:54 AM (LkLld) What ever happened to OPEC? I remember when they were going to control the world back in the 1970s before the experts said it was gonna be the Japs in the 80's. Posted by: Wrong Again at April 04, 2025 08:59 AM (R/m4+) 233
In case Roberts needs it made more plain.
Posted by: Ignoramus I'll put some hope in Roberts doing the right thing on the day he fires Sheldon Snook. Until that happens, I expect nothing but masterbation from beneath his robes. Posted by: Sock Monkey * feeling a bit atavistic at April 04, 2025 08:59 AM (J1mV/) 234
I'm worried about my mom. She lives off her SS and investment funds. She withdraws about $3000 a month for living expenses. My concern is with this market, she's going to run through her money way faster than she can afford.
Posted by: grammie winger - cheesehead at April 04, 2025 09:00 AM (SfhV1) Posted by: Don Black at April 04, 2025 09:00 AM (AOsQT) 236
Pout your money on Vietnam. China just came back with a 34% tariff on all American goods.
American companies need to move their manufacturing g and sourcing to other cooperative Asian countries. Fuck the CCP and their shitty quality . Posted by: Sebastian Melmoth at April 04, 2025 09:00 AM (VofaG) 237
Day off, Joe Mannix?
Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:00 AM (GBKbO) 238
Trump is Put America First. The Ds abhor this. The GOPe used to pretend to but nobody believes them anymore.
It's that simple. Tariffs are part of Trump's plan to bring back American manufacturing which has been decimated by 60 years of bad policies. Another part is what Lee Zeldin's doing at EPA. Posted by: Ignoramus at April 04, 2025 09:01 AM (6WzJA) 239
The end of the world isn't fun.
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:51 AM (WkNQM) It is if you can convince Karen Gillan you're the only two people left and have to repopulate the planet. Posted by: ... at April 04, 2025 09:01 AM (YVzIj) 240
>>What ever happened to OPEC? I remember when they were going to control the world back in the 1970s before the experts said it was gonna be the Japs in the 80's.
Making predictions is hard, particularly about the future. Posted by: JackStraw at April 04, 2025 09:01 AM (LkLld) 241
Today is International Carrot Day. 🥕
Posted by: redridinghood at April 04, 2025 08:14 AM (NpAcC) Looks like chili for dinner. Posted by: I used to have a different nic at April 04, 2025 09:01 AM (ExV1e) Posted by: ... at April 04, 2025 09:02 AM (YVzIj) 243
I saw Pout Your Money open for The Bullet Boys at The Starplex in '98.
Posted by: Sponge - F*ck Cancer at April 04, 2025 09:02 AM (Zz0t1) 244
> in that case, it's pronounced 'poocy'
Posted by: Don Black at April 04, 2025 08:57 AM (AOsQT) Not to be confused with Little Seymo' and Big Puhssy. Posted by: Rodrigo Borgia at April 04, 2025 09:02 AM (W5ArC) 245
The end of the world isn't fun.
Posted by: Joe Mannix (Not a cop!) Nice to see you on this playground again, officer! However..... This tariff thingy is not the end of the world. Will it upset some apple carts? Yes. Will it cause some price increases on a few things? Probably. But in the end, other countries will cave. Just like Mexico and Canada did. The fun part will be betting on who does it the fastest. Posted by: Madame Mayhem (uppity wench) at April 04, 2025 09:02 AM (4XwPj) 246
The end of the world isn't fun.
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:51 AM (WkNQM) It is if you can convince Karen Gillan you're the only two people left and have to repopulate the planet. Posted by: ... at April 04, 2025 09:01 AM (YVzIj) ---- Hmmm....creating a world full of gingers? Without souls? Posted by: "Perfessor" Squirrel at April 04, 2025 09:02 AM (7fElN) 247
The end of the world isn't fun.
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 08:51 AM (WkNQM) But, I feel fine. Posted by: Sponge - F*ck Cancer at April 04, 2025 09:02 AM (Zz0t1) 248
192 I'm starting to think some of you are actually 29 and didn't live through 1987. Call me when it drops 10k in a couple hours.
Posted by: I used to have a different nic ------------ Yep. Another 'tech high bubble' that got popped. Posted by: Pudinhead at April 04, 2025 09:03 AM (Hpgos) 249
I'm worried about my mom. She lives off her SS and investment funds. She withdraws about $3000 a month for living expenses. My concern is with this market, she's going to run through her money way faster than she can afford.
Posted by: grammie winger - cheesehead at April 04, 2025 09:00 AM (SfhV1) Too late now but what is she doing with her investments in the market? Once you get way over 29 you should have your money in stable / conservative vehicles . Posted by: Sebastian Melmoth at April 04, 2025 09:03 AM (VofaG) 250
>>Probably. But in the end, other countries will cave. Just like Mexico and Canada did. The fun part will be betting on who does it the fastest.
I bet on Argentina. Because they already did. Predicting the past is much easier. Posted by: JackStraw at April 04, 2025 09:03 AM (LkLld) 251
This situation is somewhat reminiscent of Reagan's 1st term, where there was a great deal of pain involved in taking on Carter's stagflation nightmare. Reagan won '84 in a landslide.
Posted by: Angzarr the Cromulent at April 04, 2025 09:04 AM (XMwZJ) 252
233 In case Roberts needs it made more plain.
Posted by: Ignoramus Put the f*cking fear of God into him. It's the only way. Posted by: Ordinary American at April 04, 2025 09:04 AM (vsTPo) 253
However..... This tariff thingy is not the end of the world. Will it upset some apple carts? Yes. Will it cause some price increases on a few things? Probably. But in the end, other countries will cave. Just like Mexico and Canada did. The fun part will be betting on who does it the fastest.
Posted by: Madame Mayhem (uppity wench) at April 04, 2025 09:02 AM (4XwPj) ++++ No, it isn't. The end of the world is far bigger, and is already well underway. It's just a chapter in it. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:04 AM (WkNQM) 254
Too late now but what is she doing with her investments in the market? Once you get way over 29 you should have your money in stable / conservative vehicles .
Posted by: Sebastian Melmoth at April 04, 2025 09:03 AM (VofaG) She has her money in a trust administered by my sister who doesn't let me see the statements. Yeah. Posted by: grammie winger - cheesehead at April 04, 2025 09:05 AM (SfhV1) 255
251 This situation is somewhat reminiscent of Reagan's 1st term, where there was a great deal of pain involved in taking on Carter's stagflation nightmare. Reagan won '84 in a landslide.
Posted by: Angzarr the Cromulent at April 04, 2025 09:04 AM (XMwZJ) Exactly. Reagan's first year was brutal. His own people were trying to get him to cave to the pressure. He hung tough, and reaped the reward (as we all did). Posted by: Ordinary American at April 04, 2025 09:05 AM (vsTPo) 256
And regardless of Liberation Day, we're not going to suddenly become the great industrial powerhouse we once were overnight.
----- Manufacturing by Country 2025 https://tinyurl.com/4a6xsxvc interactive map 5 Countries that Manufacturer the Greatest Value of Goods China: $4,975,614 Mil [i.e. Trillion] United States: $2,497,132 Mil Japan: $1,025,092 Mil Germany: $751,339 Mil [i.e. Billion] India: $450,862 Mil Posted by: andycanuck (/tzYP) at April 04, 2025 09:05 AM (/tzYP) 257
Pout your money on Vietnam. China just came back with a 34% tariff on all American goods.
Was using that Swifter WetJet to clean my humble home, which more people need to do because they are nasty and live in filth. On the bottom of the Swifter bottle it reads..."Made In Vietnam". Charlie helps me clean my house! Posted by: Diddy Mao at April 04, 2025 09:05 AM (R/m4+) 258
"Neutron Jack" Welsh, the CEO of GE, was the poster child for exporting American jobs to China. Wouldn't work without the US Navy which we paid for, not GE shareholders.
Posted by: Ignoramus at April 04, 2025 09:06 AM (6WzJA) 259
I have a suspicion that deporting millions of people and limiting government spending will have more of an effect on prices in general than tariffs.
But that's just me, thinking that inflation is a monetary phenomenon. Also, wasn't the ever-increasing stock market under Biden (excluding the period of October 2022 when the market lost...25% of its value) a sign of inflation? Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:06 AM (GBKbO) 260
The upshot to Red China's ongoing decline - tariffs or not - is that there will be no next "world's factory." Those unique conditions no longer exist and, hopefully, people have re-learned why "don't put all your eggs in one basket" is an idiom.
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:06 AM (WkNQM) 261
206>But what has been going on cannot be sustained. We're out of money and people are increasingly out of patience. It's going to bumpy. It has been bumpy. The bumps will likely get worse.
Asolutely agree. What has been going on for decades in DC is unsustainable for us as a nation. For a country that had so much going for it despite our historical stains, the debt and waste of this nation is astounding, and the Democrats constantly pass it off like it's a burp that will eventually go away. Posted by: Joe at April 04, 2025 09:07 AM (Uy/WF) 262
I have a suspicion that deporting millions of people and limiting government spending will have more of an effect on prices in general than tariffs. ...
Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:06 AM (GBKbO) ++++ Absolutely, yes. Especially in rental real estate (as far as deportations are concerned). Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:07 AM (WkNQM) 263
262 Absolutely, yes. Especially in rental real estate (as far as deportations are concerned).
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:07 AM (WkNQM) ===== And the government spending since illegals get subsidized mortgages and rents in certain locations. Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:08 AM (GBKbO) 264
“ For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.”
1 Timothy 6:10 Posted by: Marcus T at April 04, 2025 09:08 AM (ElRvh) 265
258 "Neutron Jack" Welsh, the CEO of GE, was the poster child for exporting American jobs to China. Wouldn't work without the US Navy which we paid for, not GE shareholders.
Posted by: Ignoramus ===== Yup. Think of tariffs as us recouping the cost to build and operate the ships. Posted by: 2009Refugee at April 04, 2025 09:08 AM (hYofv) 266
Rapid Response 47
@RapidResponse47 ORTIZ: "One thing that I think was very positive about this report is that we're seeing job growth in the private payroll sector, not in government jobs. Remember, in the prior administration, job growth was in government jobs... which is all on the taxpayer dime." https://tinyurl.com/4kxsrubx Posted by: redridinghood at April 04, 2025 09:08 AM (NpAcC) 267
11 Bluesky texts from Senator Chris Murphy, posted overnight to explain what Trump's tariffs are really all about:
1/ Those trying to understand the tariffs as economic policy are dangerously naïve. No, tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief. 5/ Trump knows that he can weaken (and maybe destroy) democracy by using spending and taxation in the same way. He is using access to government funds to bully universities, law firms and state and local governments into loyalty pledges. 9/ The tariffs are DESIGNED to create economic hardship. Why? So that Trump has a straight face rationale for releasing them, business by business or industry by industry. As he adjusts or grants relief, it's a win-win: the economy improves and dissent disappears. 10/ And once Trump has the lawyers, colleges and industry under his thumb, it becomes very hard for the opposition to have any viable space to maneuver. Trump didn't invent this strategy. It's the playbook for democratically elected leaders who want to stay in power forever. Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 09:08 AM (JCZqz) 268
267 5/ Trump knows that he can weaken (and maybe destroy) democracy by using spending and taxation in the same way. He is using access to government funds to bully universities, law firms and state and local governments into loyalty pledges.
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 09:08 AM (JCZqz) ====== Loyalty pledges = not violating civil rights law. Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:09 AM (GBKbO) 269
196 Many of the questions concerned the politically messy end of the mission, in which the Trump White House claimed it had rescued the astronauts after they were stranded by the Biden administration. This was not true, but it is also not a question that active astronauts are going to answer.
____ What isn't true, that Biden admin stranded them? That Trump admin rescued them? Posted by: Chuck Martel at April 04, 2025 09:09 AM (Dv3i1) 270
President Trump has implemented a "negotiating tool" ... everyone wants to call it a tariff but that is the checkers version of it ... he wants to reduce the tariffs on American goods ... Nobody in the world would pick up the phone to talk about it before Apr 4th ... now they can't wait to get on the line and discuss things ... I expect that 50% of these tariffs will be gone withion 3 months and 50% of the rest within 6 months ... China will not get a pass ever ...
Posted by: The Dark Lord at April 04, 2025 09:09 AM (DBAaD) 271
the debt and waste of this nation is astounding, and the Democrats constantly pass it off like it's a burp that will eventually go away.
Posted by: Joe at April 04, 2025 09:07 AM (Uy/WF) They were the ones receiving the payments. Why would they want it to change? Posted by: ... at April 04, 2025 09:10 AM (YVzIj) 272
1/ Those trying to understand the tariffs as economic policy are dangerously naïve. No, tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief. ...
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 09:08 AM (JCZqz) ++++ The first sentence made me wonder if someone had a brain. The rest put paid to that notion. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:10 AM (WkNQM) 273
We needed to start domestically manufacturing those goods which are crucial to our national security any way.. They were almost all identified during g the Covid shut down. Of courser after the shut down was over , all the short memory business people went about their business like nothing happened.
Posted by: Sebastian Melmoth at April 04, 2025 09:10 AM (VofaG) 274
>>No, tariffs are a tool to collapse our democracy.
So what are the EU tariffs that were much higher than ours before Trump? Murphy is a moron. Also up to his ass in the Ukraine corruption. Posted by: JackStraw at April 04, 2025 09:10 AM (LkLld) 275
10/ And once Trump has the lawyers, colleges and industry under his thumb, it becomes very hard for the opposition to have any viable space to maneuver. Trump didn't invent this strategy. It's the playbook for democratically elected leaders who want to stay in power forever.
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 09:08 AM (JCZqz) ======= It's not like Big Law, the university system, and most corporations have already chosen a side, or something. Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:11 AM (GBKbO) 276
5/ Trump knows that he can weaken (and maybe destroy) democracy by using spending and taxation in the same way. He is using access to government funds to bully universities, law firms and state and local governments into loyalty pledges.
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 09:08 AM (JCZqz) But, I thought paying your 'fair share' was a GOOD thing....... Posted by: Sponge - F*ck Cancer at April 04, 2025 09:11 AM (Zz0t1) 277
Yup Trump can destroy democracy . The Dem one worlder version of it
Posted by: Smell the Glove at April 04, 2025 09:11 AM (7A/rN) 278
bet on Argentina. Because they already did.
Predicting the past is much easier. Posted by: JackStraw at April 04, 2025 09:03 AM (LkLld) Were they faster than Mexico? That was like what 24 hrs? Posted by: Madame Mayhem (uppity wench) at April 04, 2025 09:11 AM (4XwPj) 279
And the “expert economists” told us all along you’ve never had it so good...
Things are pretty good for people with steady, good paying jobs. There's a high, and rising, percentage of the citizenry for whom that isn't the case. Posted by: I used to have a different nic at April 04, 2025 09:11 AM (ExV1e) 280
10/ And once Trump has the lawyers, colleges and industry under his thumb, it becomes very hard for the opposition to have any viable space to maneuver. Trump didn't invent this strategy. It's the playbook for democratically elected leaders who want to stay in power forever.
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 09:08 AM (JCZqz) ++++ Uh, Chris? Maybe don't publish the playbook your crew has been using for fifty years? It's poor form. Gauche. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:11 AM (WkNQM) 281
The Reagan/Stockman era was painful but necessary. People were running around with their hair on fire.
Reagan just kept his cool and look what happened. Posted by: pawn at April 04, 2025 09:12 AM (QB+5g) 282
276 But, I thought paying your 'fair share' was a GOOD thing.......
Posted by: Sponge - F*ck Cancer at April 04, 2025 09:11 AM (Zz0t1) ===== We're at a point where the left thinks that the Civil Rights movement was actually retrograde. Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:12 AM (GBKbO) 283
Murphy is a moron. Also up to his ass in the Ukraine corruption.
Posted by: JackStraw at April 04, 2025 09:10 AM (LkLld) If he wore a skin cap, he'd be a dick. Posted by: Sponge - F*ck Cancer at April 04, 2025 09:12 AM (Zz0t1) 284
All taxes are destructive and reduce the amount of whatever activity you tax.
But if you want to fund a government you need to fund it somehow. The FNM/left's argument is tariffs are particularly bad. Ok, explain to me why tariffs - which will reducing imports are worse then income taxes which reduce people working or capital gains taxes which reduce investment in the economy? Posted by: 18-1 at April 04, 2025 09:12 AM (t0Rmr) 285
"Sexy bureaucrat" is one of those things that can and does happen, but it can never enter the cultural zeitgeist.
____ Wow, that was incredible! Let's do that again in triplicate! Posted by: Chuck Martel at April 04, 2025 09:12 AM (Dv3i1) Posted by: rickb223 at April 04, 2025 09:13 AM (ejfFE) 287
The media and dems (redundant) are wailing about tariffs because Trump is using them. If Trump suddenly announced tax increases on “the rich” all the dems (and media) would invent reasons why this is the end of the world. There’s no thinking going on here just more manifestations of TDS
Posted by: LinusVanPelt at April 04, 2025 09:13 AM (6RwsA) 288
Yup Trump can destroy democracy . The Dem one worlder version of it
Posted by: Smell the Glove at April 04, 2025 09:11 AM (7A/rN) I would love for someone in media to ask a democrat to define 'a democracy.' I think it would be entertaining. Posted by: Sponge - F*ck Cancer at April 04, 2025 09:13 AM (Zz0t1) 289
Wow, that was incredible! Let's do that again in triplicate!
Posted by: Chuck Martel at April 04, 2025 09:12 AM (Dv3i1) ++++ Now *that* is redundancy and repetition I can get behind! Literally! Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:14 AM (WkNQM) 290
If you dig into it, much of our debt financed the purchase of foreign goods. Most of the country didn't benefit from this. You can guess who did.
Posted by: Ignoramus at April 04, 2025 09:14 AM (paRkv) 291
What you guano do about it??
At least he wore a tuxedo: https://tinyurl.com/f8awrpt9 Funny thread: https://tinyurl.com/22xhra5z Posted by: andycanuck (/tzYP) at April 04, 2025 09:14 AM (/tzYP) 292
I (state your name) do hereby pledge allegiance to the Trump, with liberty and muh Russia for all.
Posted by: Count de Monet at April 04, 2025 09:14 AM (Aqu9a) 293
Really want to hear the "terrible thing" that Trump said DOGE and Musk discovered. I get a weird feeling it comes from the Institute for Peace's paying the Taliban. Poppy farmers anyone?
Posted by: Smell the Glove at April 04, 2025 09:14 AM (7A/rN) 294
How much of the "Favored Trade Status" to China was Democrat corruption and graft? GOP corruption and graft? All the way back then?
China wasn't free, and even back then, there were concerns about giving them the status when they didn't qualify for it. And remember, there was a slight hiccup with Al Gore receiving funny money way back in 1996. Somehow getting a lot of donations from a "Buddhist temple". Apparently with thick ties to China. We were sold out. Always been sold out. By monsters who, to this day, confuse good with bad and bad with good, and call us Nazis while cutting their foreheads on the ground as they kowtow to China. The country that used literal slave labor with the Uyghurs. May still; not like the alphabet networks would risk actual news against their paymasters. Posted by: Another Anon at April 04, 2025 09:15 AM (4h45B) 295
Uh, Chris? Maybe don't publish the playbook your crew has been using for fifty years? It's poor form. Gauche.
Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:11 AM (WkNQM) LOL it's like projection and projection had a baby and named it projection. Posted by: ... at April 04, 2025 09:15 AM (YVzIj) 296
Now more than ever we need a sustained attack on the credibility and even existence of the media. We need them so distracted defending themselves that they can't wind up their narratives. Are we up to it? I'm afraid we're still stuck in the same old defensive dynamic: they attack, we reply. Our responses are certainly better, quicker and fiercer, but that's really not the answer.
Posted by: Ordinary American at April 04, 2025 09:15 AM (vsTPo) 297
You've got mail. Posted by: rickb223 at April 04, 2025 09:13 AM (ejfFE) It must be stuck in limbo....... Posted by: Sponge - F*ck Cancer at April 04, 2025 09:16 AM (Zz0t1) 298
It's not like Big Law, the university system, and most corporations have already chosen a side, or something.
Posted by: TheJamesMadison ==== All of that happened organically, without coercion, because they ate all so incredibly wonderful. Posted by: 2009Refugee at April 04, 2025 09:16 AM (hYofv) 299
I've got to believe that a lot of The Great Tariff Panic of 2025!!!111!!! is- in part/mostly driven by Our Betters/Hedge Funds who know what the real score is and are simply planning to scoop and scoop big once the Market has fallen enough. Probably the smart thing would be to see what and when folk like Nancy Pelosi are buying and get in on the action as well. YMMV. Posted by: naturalfake at April 04, 2025 09:16 AM (iJfKG) 300
China.
Posted by: Nixon at April 04, 2025 09:16 AM (i0F8b) 301
>>We needed to start domestically manufacturing those goods which are crucial to our national security any way.
When I lived in PR it was a major hub for the manufacturing of drugs for the US market. It was one thing that corrupt dump did that was useful. It was sustained largely by favorable tax treatment. When that went away so did a lot of the manufacturing. It still produces a lot of drugs for numerous companies. No reason smart tax policy can't increase that production very rapidly. Posted by: JackStraw at April 04, 2025 09:16 AM (LkLld) 302
OY!
Not Jerome Powell @alifarhat79 26m Trump just posted this on Truth Social. No, this is not a joke. It’s real! https://tinyurl.com/msnzj3yn Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 04, 2025 09:16 AM (ky0NK) 303
The country that used literal slave labor with the Uyghurs. May still; not like the alphabet networks would risk actual news against their paymasters.
Posted by: Another Anon at April 04, 2025 09:15 AM (4h45B) Did this country with favored trade status do anything recently we should maybe be aware of? Posted by: ... at April 04, 2025 09:16 AM (YVzIj) 304
299 Probably the smart thing would be to see what and when folk like Nancy Pelosi are buying and get in on the action as well.
YMMV. Posted by: naturalfake at April 04, 2025 09:16 AM (iJfKG) ====== You always buy the dip. Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:16 AM (GBKbO) 305
If tariffs are so bad for an economy, why do 170 countries have tariffs on US products?
Posted by: rickb223 at April 04, 2025 09:17 AM (ejfFE) 306
You need to listen to Trump and Musk. Tariffs will return fair trade to all and bring home good manufacturing jobs.
Musk knows a thing or two about building successful businesses and making money. Ditto Trump. Listen to them and not politicians or some economist who has never created a company. Musk brings jobs to America. Tesla. SpaceX. All American-made products. Posted by: Diabeetus at April 04, 2025 09:17 AM (SawFp) 307
SpaceX - Fram2 - Crew Dragon "Resilience"
Deorbit Burn & Splashdown Pacific - Space Affairs Live After nearly four days of flying in a polar orbit to explore the Earth’s polar regions for the first time, Dragon and the Fram2 crew will return to Earth on Friday, April 4, splashing down at approximately 9:19 a.m. PDT, 1619 UTC, 18:19 CEST, off the coast of California. https://www.youtube.com/live/9mS17Gsy_Tk Posted by: Ciampino - bring water-wings at April 04, 2025 09:17 AM (sPQoU) 308
>>> 225
== "DOD Inspector General Launches Probe Into Pete Hegseth Over His Use of Signal" Posted by: Sponge - F*ck Cancer at April 04, 2025 08:57 AM (Zz0t1) Oh, I see OrangeManBad failed to fire *all* the IGs. ...but seriously, I'm not sure what this Stunning and Brave IG expects to find when Signal was see eye ay approved, let alone how said IG expects to enforce anything, based on the track record for the past decade or so... Posted by: Helena Handbasket at April 04, 2025 09:18 AM (Vqx30) 309
China.
Posted by: Nixon at April 04, 2025 09:16 AM (i0F8b) Like a boss! https://youtu.be/RDrfE9I8_hs Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 04, 2025 09:18 AM (ky0NK) 310
>>Were they faster than Mexico? That was like what 24 hrs?
Milei announced last night he was eager to work with Trump to remove all reciprocal tariffs. Not really surprising, Milei and Trump are on the same wavelength. Posted by: JackStraw at April 04, 2025 09:18 AM (LkLld) Posted by: Diabeetus at April 04, 2025 09:19 AM (SawFp) 312
We can make the cheap junk here instead of China.
Posted by: MAC V SOG at April 04, 2025 09:19 AM (P4Pk9) Posted by: rickb223 at April 04, 2025 09:19 AM (ejfFE) 314
310 >>Were they faster than Mexico? That was like what 24 hrs?
Milei announced last night he was eager to work with Trump to remove all reciprocal tariffs. Not really surprising, Milei and Trump are on the same wavelength. Posted by: JackStraw at April 04, 2025 09:18 AM (LkLld) ======= "Raising tariffs in response to US tariffs is the only real libertarian thing to do. Milei is a traitor for trying to lower tariffs bilaterally." -Reason Magazine, 75% probability Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:19 AM (GBKbO) 315
The usual suspects on Facebook are losing their shit over the market drop. I read an article last December that experts were expecting 12% market correction for early this year. Try explaining that to a shrieking leftist
Posted by: Smell the Glove at April 04, 2025 09:19 AM (7A/rN) Posted by: rickb223 at April 04, 2025 09:20 AM (ejfFE) 317
To paraphrase a excerpt from Tides of War.
The Left are Bold but not Brave. The Right are Brave but not Bold. In troubled times the Left flails about in effeminate anguish, seeking to draw in his neighbors into their misfortune for he has no strength of character fall back upon other than to drag others down with them. Now the Right. In dark hours he endures silently, uncomplaining. He does what must be done, sustains himself with the certainty that to endure injustice with patience is the mark of piety and wisdom. Posted by: Sebastian Melmoth at April 04, 2025 09:20 AM (VofaG) 318
315 The usual suspects on Facebook are losing their shit over the market drop. I read an article last December that experts were expecting 12% market correction for early this year. Try explaining that to a shrieking leftist
Posted by: Smell the Glove at April 04, 2025 09:19 AM (7A/rN) ====== The stock market lost 25% of its value in October of 2022. No one remembers it. Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:20 AM (GBKbO) 319
...but seriously, I'm not sure what this Stunning and Brave IG expects to find when Signal was see eye ay approved, let alone how said IG expects to enforce anything, based on the track record for the past decade or so...
Posted by: Helena Handbasket at April 04, 2025 09:18 AM (Vqx30) It's all show and meaningless. The issue had nothing to do with Signal or its (approved) use, but with the ass-kissing idiot Waltz allowing a leftist journalist into the group. Posted by: Ordinary American at April 04, 2025 09:20 AM (vsTPo) 320
Corporations were doing what all corporations do. Acting on the best interests of their shareholders. Thats their only purpose for existing. Expecting the corporation to act out of some patriotic principle in lieu of gaining a competitive advantage by offshoring would risk a breach of fiduciary duty.
I completely agree. There is no social contract. Of course I also agree that when regular people do what regular people do, act in their own best interests, and loot stores and steal from their employers, file frivolous lawsuits, or lobby the government to take from corporations and give to them via the tax code, that's also understandable. There is no patriotic duty. There is no social contract. There is only gotta get for me and mine. Posted by: It's Not That Hard at April 04, 2025 09:20 AM (PEDYf) Posted by: Sponge - F*ck Cancer at April 04, 2025 09:21 AM (Zz0t1) 322
285 "Sexy bureaucrat" is one of those things that can and does happen, but it can never enter the cultural zeitgeist.
If your definition of "bureaucrat" is broad enough to include librarians, there's a treasure trove of sexy content to explore and enjoy. Posted by: Moron Analyst at April 04, 2025 09:22 AM (JCZqz) Posted by: rickb223 at April 04, 2025 09:22 AM (ejfFE) 324
10/ And once Trump has the lawyers, colleges and industry under his thumb, it becomes very hard for the opposition to have any viable space to maneuver. Trump didn't invent this strategy. It's the playbook for democratically elected leaders who want to stay in power forever.
Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at April 04, 2025 09:08 AM (JCZqz) The reason they understand this strategy is that in fact, this has been the policy of the Democrat Party and the Left for the last 30 years. Posted by: Tom Servo at April 04, 2025 09:22 AM (uWKK8) 325
I have always had great respect for Sowell and Walt Williams. They believe that we should always buy the least expensive product no matter where it comes from. I disagree and believe we should manufacture everything we are capable in this country
Posted by: MAC V SOG at April 04, 2025 09:22 AM (P4Pk9) 326
Anyone who uses the word "democracy" trying to frighten ignorant people spends a night in the box.
Posted by: Carr, The Floor Walker at April 04, 2025 09:23 AM (R/m4+) 327
nic
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 04, 2025 09:23 AM (GBKbO) 328
Excerpts have emerged from a new book by entitled “Fight: Inside the Wildest Battle for the White House,” by The Hill Senior Political Correspondent Amie Parnes and NBC News Digital Senior political analyst Jonathan Allen that reveals Democrats and Biden insiders were all too painfully aware of what was going on, but all went along with the facade until it was no longer possible to hide it.
In one excerpt, a former Biden aide shared how they had a resident make-up artist to cover up how dilapidated Biden’s physical appearance had become. As conservative commentator Stephen L. Miller puts it “they were literally Michael Jacksoning him” then calling anyone who questioned Biden’s acumen a conspiracy theorist. Posted by: Chuck Martel at April 04, 2025 09:23 AM (Dv3i1) 329
Personally, Imma thinking about buying a Chevy Colorado now. No telling how Chevy/GM can hire new American line workers and how long it will take to meet current quality standards.
Posted by: Pudinhead at April 04, 2025 09:23 AM (Hpgos) 330
Anyone who uses the word "democracy" trying to frighten ignorant people spends a night in the box.
Posted by: Carr, The Floor Walker at April 04, 2025 09:23 AM (R/m4+) ++++ That's the primary use of the word... Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:23 AM (WkNQM) 331
330 Anyone who uses the word "democracy" trying to frighten ignorant people spends a night in the box.
Posted by: Carr, The Floor Walker at April 04, 2025 09:23 AM (R/m4+) ++++ That's the primary use of the word... Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:23 AM (WkNQM) ======= I think I know what happened to the Knights Who Say Ni. Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 04, 2025 09:24 AM (GBKbO) 332
nic
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 04, 2025 09:23 AM (GBKbO) *insert shameless plug here* Posted by: Sponge - F*ck Cancer at April 04, 2025 09:24 AM (Zz0t1) 333
>>> 226
----- Corporations were doing what all corporations do. Acting on the best interests of their shareholders. Thats their only purpose for existing. Expecting the corporation to act out of some patriotic principle in lieu of gaining a competitive advantage by offshoring would risk a breach of fiduciary duty. The flaw in blaming the corporations for this is that they were simply reacting to the prevailing political/socio-economic conditions in the US that made other countries' labor markets more appealing. Thats why I don't like tariffs in general because they merely paper-over the underlying causes of our uncompetitiveness - instead of resolving them. Posted by: Defenestratus at April 04, 2025 08:57 AM (oLya/) How about, oh I don't know, making a good product desired by multiple customers and selling it to them??? Also, while we know there are short-term gains from offshoring, how do shitty quality (and sometimes dangerous, as in causing injury or death) products help *anyone* long-term? But I *do* agree this is only one step and addressing root causes also needs to happen. How about dropping the tax on *inventory*, to dump the just-in-time retardry, to start... Posted by: Helena Handbasket at April 04, 2025 09:24 AM (Vqx30) 334
*insert shameless plug here*
Posted by: Sponge - F*ck Cancer at April 04, 2025 09:24 AM (Zz0t1) ===== I just needed to update it! I swears! Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 04, 2025 09:24 AM (GBKbO) 335
I think I know what happened to the Knights Who Say Ni.
Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 04, 2025 09:24 AM Well....what was it? Posted by: RedMindBlueState at April 04, 2025 09:25 AM (kgE5c) 336
Funny, I have a lot of money in oil and gas stocks, and they are all still up for the year.
Posted by: Thomas Paine at April 04, 2025 09:25 AM (lTGtQ) 337
It should be made into law that mandatory life saving medicines are to be made in the US or at least in an allied country, not fucking China.
Posted by: Joe at April 04, 2025 09:25 AM (Uy/WF) 338
Well....what was it? Posted by: RedMindBlueState at April 04, 2025 09:25 AM (kgE5c) The correct response is: Well......We're waiting...... Posted by: Sponge - F*ck Cancer at April 04, 2025 09:26 AM (Zz0t1) 339
335 Posted by: RedMindBlueState at April 04, 2025 09:25 AM (kgE5c)
Idea for a sequel to the Rutles: "Otis Day & the Knights who Say Ni!" Posted by: J.J. Sefton at April 04, 2025 09:26 AM (x0n13) 340
338
Well....what was it? Posted by: RedMindBlueState at April 04, 2025 09:25 AM (kgE5c) The correct response is: Well......We're waiting...... Posted by: Sponge - F*ck Cancer at April 04, 2025 09:26 AM (Zz0t1) ====== Judges say: RDMS was right. It is a more direct reference to Monty Python and the final scene with the Knights Who Until Recently Said Ni. 5 points for Gryffindor. Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 04, 2025 09:27 AM (GBKbO) 341
We need to stop pretending evil China has forced our hand.
No one is pretending China forced out hand. DC forced our hand. Why does "us(ing) third world, second world, slave and child labor" increase profit margins? Because DC has made it expensive to employ Americans and because it is in DC's interest to dole out necessitates to the American populace to keep them beholden to DC. Posted by: I used to have a different nic at April 04, 2025 09:27 AM (ExV1e) 342
It should be made into law that mandatory life saving medicines are to be made in the US or at least in an allied country, not fucking China.
Posted by: Joe at April 04, 2025 09:25 AM (Uy/WF) ++++ What are those? That is a serious question. What is "mandatory and life-saving?" At what scale? For what conditions? Are statins? How about blood thinners? What about Ozempic or Truvada, which are life-saving but always the result of a lifestyle choice? What about aspirin? This is a hole with no bottom. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:27 AM (WkNQM) 343
@339 JJ, All You Need is Cash
Posted by: Smell the Glove at April 04, 2025 09:28 AM (7A/rN) 344
You always buy the dip.
Posted by: TheJamesMadison, back to the finish with Corman at April 04, 2025 09:16 AM (GBKbO) Yup. Posted by: naturalfake at April 04, 2025 09:28 AM (iJfKG) 345
Idea for a sequel to the Rutles: "Otis Day & the Knights who Say Ni!"
Posted by: J.J. Sefton at April 04, 2025 09:26 AM (x0n13) Ya know ya make me want to SHRUB! Posted by: Sponge - F*ck Cancer at April 04, 2025 09:29 AM (Zz0t1) 346
I'm not sure how we get past the short-term mentality of a few random asshoe "analysts" *spit* setting "expectations" for a company (I wonder if this is yet another subsidized thing...?), or especially how we obliterate the douchebag "planned obsolescence" practice...
Posted by: Helena Handbasket at April 04, 2025 09:29 AM (Vqx30) Posted by: Lizzy at April 04, 2025 09:29 AM (Cki93) Posted by: Pete Buttigieg at April 04, 2025 09:29 AM (JCZqz) 349
You can say what you want but Mr. Sowell is correct.
Neither you nor Thomas Sowell has lived through what we're going through. He may be correct, and you are welcome to agree with him, but he isn't a prophet channeling the Word. Posted by: I used to have a different nic at April 04, 2025 09:30 AM (ExV1e) 350
This is a hole with no bottom./i]
Amusingly the answer is tariffs. As the cost to make things in the US becomes less then the cost to make things overseas, companies will make them here. It will raise costs AND quality and insure availability. Posted by: 18-1 at April 04, 2025 09:30 AM (t0Rmr) 351
Judges say:
RDMS was right. It is a more direct reference to Monty Python and the final scene with the Knights Who Until Recently Said Ni. 5 points for Gryffindor. Posted by: TheJamesMadison, looking for laughs with Ivan Reitman at April 04, 2025 09:27 AM TJM got it! My work here is done. Posted by: RedMindBlueState at April 04, 2025 09:30 AM (kgE5c) 352
They put pieces of tape on the floor, so Biden would know where to walk or stand
Posted by: Don Black at April 04, 2025 09:30 AM (AOsQT) 353
NOODlum.
Posted by: Sponge - F*ck Cancer at April 04, 2025 09:30 AM (Zz0t1) Posted by: Bulg at April 04, 2025 09:31 AM (77rzZ) 355
What are those? That is a serious question. What is "mandatory and life-saving?" At what scale? For what conditions?
The COVID vaccine! Trust the science, reThuglican!!! Posted by: Rabid Branch Covidian, still masking at April 04, 2025 09:31 AM (JCZqz) 356
I'm not sure how we get past the short-term mentality of a few random asshoe "analysts" *spit* setting "expectations" for a company (I wonder if this is yet another subsidized thing...?), or especially how we obliterate the douchebag "planned obsolescence" practice...
Posted by: Helena Handbasket at April 04, 2025 09:29 AM (Vqx30) ++++ It's not a subsidized thing, it's an abstraction thing. Most shares are owned not by people, but by major investment pools. These are the "institutional investors" and they include, by proxy, you - via your retirement funds. People invest. Institutions trade. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:31 AM (WkNQM) 357
Noodus gratia artis.
More Frenchie stuff. Posted by: Bulg at April 04, 2025 09:31 AM What are the odds... Posted by: Grump928(C) at April 04, 2025 09:34 AM (jc0TO) 358
especially how we obliterate the douchebag "planned obsolescence" practice...
Posted by: Helena Handbasket at April 04, 2025 09:29 AM (Vqx30) Onshore manufacturing is a) better quality and b) more expensive. Those two things naturally keep products from being replaced as often. Demand for fewer "upgrades" is increasing. People want quality that lasts and isn't complicated. I don't need my washing machine to be internet connected. I need it to get my clothes clean effectively and efficiently. And I want it to do that for at least ten years. Posted by: Madame Mayhem (uppity wench) at April 04, 2025 09:34 AM (4XwPj) 359
Onshore manufacturing is a) better quality and b) more expensive. Those two things naturally keep products from being replaced as often. Demand for fewer "upgrades" is increasing. People want quality that lasts and isn't complicated. I don't need my washing machine to be internet connected. I need it to get my clothes clean effectively and efficiently. And I want it to do that for at least ten years.
Posted by: Madame Mayhem (uppity wench) at April 04, 2025 09:34 AM (4XwPj) ++++ Some people want that. But people respond to incentives and the incentives are "semi-disposable." My favorite incentive change that I'd like to see comes from the tax code. No income tax. 10% sales tax on all *new* goods and services. Secondhand exempt, because the tax was already paid. If you want to see a market preference toward durability and reduced waste, that will do it. Environmentalists never seem to think of it, though. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:42 AM (WkNQM) 360
349 You can say what you want but Mr. Sowell is correct.
Sowell, like VDH, is an academic intellectual. He may be correct in an abstract sense, but I'm not sure he understands the granular reality of where we are right now. Posted by: Ordinary American at April 04, 2025 09:43 AM (vsTPo) 361
As has been said many times since Trump’s first term; we’ve been in a trade war for decades, now we’re fighting back.
Nobody said it would all be rainbows and roses. Tariffs are a tax, indeed. But since the people of the 21st century are some of the most taxed people in history I’d think we’d be used to it by now. The U.S. has been going down the European path of taxing everything that moves or breathes for a century. You want lower taxes? Then stop supporting massive governments with massive social welfare systems that bleed dry the populace in search of perfect social cohesion. You want to continue taking care of those that need help, and even those that don’t but pretend to. Then pay the piper because there’s no such thing as a free lunch. But you can’t have both when well-paying, non-managerial, jobs move to nations that don’t have welfare states. We can’t depend forever on a service economy and just buying & repairing cheap products that other nations export to us. We are losing more than just self-sufficiency in the current era. We are also losing the technical expertise and experience needed to run a modern manufacturing nation. Posted by: SpeakingOf at April 04, 2025 09:47 AM (6ydKt) 362
Sowell is correct. Singapore has no tariffs under the Singapore-U.S. Free Trade Agreement and Trump is still putting a 10% tariff on them. That blows up the pathetic lie that this is just about evening the playing field. Nothing involving his policies has anything to do with what other countries are actually doing. But there's nothing so stupid Trump could say and do that a bunch of people won't defend it.
Posted by: deepelemblues at April 04, 2025 09:50 AM (mRGUC) 363
Thomas Sowell is a pompous racist who makes assumption then formats his explication.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 04, 2025 10:01 AM (uLhSg) 364
The first sentence made me wonder if someone had a brain.
The rest put paid to that notion. Posted by: Joe Mannix (Not a cop!) at April 04, 2025 09:10 AM (WkNQM) ------------ Both dumb and an ideologue. Bad combination. Posted by: Huck Follywood at April 04, 2025 10:02 AM (ukV97) 365
Thomas Sowell 𝕏 account ≠ Thomas Sowell
@EsotericCD Apr 3 This couldn't possibly be true because the guy running the Twitter account with his name keeps telling me tariffs are economic genius. Hoover Institution @HooverInst Apr 3 In an interview recorded yesterday, Hoover Senior Fellow Thomas Sowell criticizes the tariffs President Trump instituted earlier today. Watch the complete interview with Dr. Sowell on @UncKnowledge with Peter Robinson (@P_M_Robinson) on April 15th, 2025. Posted by: m at April 04, 2025 10:08 AM (CQE5S) Posted by: m at April 04, 2025 10:11 AM (CQE5S) 367
"...the '29 crash became the Depression primarily because of the failure of the New Deal."
That's idiotic. The Great Depression was in full swing well before 1932, which is the earliest possible year from which t date the New Deal. There is definitely a case to be made that the New Deal extended the Great Depression, but bloviating BS like this is why I usually skip the Sefton posts. Posted by: RichieC at April 04, 2025 10:37 AM (n4Uod) 368
360 349 You can say what you want but Mr. Sowell is correct.
Sowell, like VDH, is an academic intellectual. He may be correct in an abstract sense, but I'm not sure he understands the granular reality of where we are right now. Posted by: Ordinary American at April 04, 2025 09:43 AM (vsTPo) Aside from being an academic, VDH is also a farmer or struggles to keep the family farm going in central California. Posted by: J.J. Sefton at April 04, 2025 10:39 AM (x0n13) 369
I know this site offers quality dependent content
and extra information, is there any other web site which offers such data in quality? Posted by: Glucoswitch at April 04, 2025 12:53 PM (nQtp2) 370
The U.S. Census Bureau estimates that every billion of GDP supports between 5,000 and 5,500 jobs.
Those are service economy numbers, not manufacturing. Take a $75,000 salary, recognize that typical labor burden is 250% and you have an all-in labor cost of $187,500 per head. At 5,300 jobs you've eaten up your billion dollars. Manufacturing has a big chunk of bucks in plant and equipment over and above their labor costs. You're not going to get 5,000 manufacturing jobs for a billion bucks. Posted by: LCMS Rulz! at April 04, 2025 01:19 PM (bufu1) 371
The Useful Idiots comparing Trump to Hitler just like t hey did with Bush shows these Liberal Collage Professors have the IQ of a Rock
Posted by: Tamaa the Drongo Bird at April 04, 2025 05:08 PM (wGqjj) Processing 0.07, elapsed 0.0722 seconds. |
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