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Tit for Tat Tariffs - The US versus the World

BCP1928

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Don't worry, I wasn't expecting there to be a believable answer for the issue my post identified in the talking points.
On the bright side, we now have undeniable evidence that the Wharton School of Business is a diploma mill.
 
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rambot

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Absurd! The debt of this nation is not a random made up assertion. Those who ignore it and down play its danger need to go back to economics 101.
Well! Good thing Trump is messing with the global bond markets then!

Thank heavens we have a financial genius like him in charge and not one of the hundreds of experts who think he is being actively destructive at worst and is contributing planless chaos at best.
 
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Postvieww

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Well! Good thing Trump is messing with the global bond markets then!

Thank heavens we have a financial genius like him in charge and not one of the hundreds of experts who think he is being actively destructive at worst and is contributing planless chaos at best.
We got in this mess with the advice of so called “experts “! Stay tuned while it gets fixed .
 
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rambot

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We got in this with the advice of so called “experts “! Stay tuned while it gets fixed .
What "this" are we talking about? Market turmoil or the high market from before?
 
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What "this" are we talking about? Market turmoil or the high market from before?
The mess of most every nation taking advantage of us by the way of their tariffs . The mess of massive waste fraud and abuse of taxpayer money. From reading many of the liberal posts here those problems seem to be an acceptable way of running a deficit government.
 
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essentialsaltes

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What "this" are we talking about? Market turmoil or the high market from before?
The experts produced the Triumph of Bidenomics. Trump produced whatever this is.
 
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Aryeh Jay

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On the bright side, we now have undeniable evidence that the Wharton School of Business is a diploma mill.

I haven't been hearing anyone claiming to have attend for a while. Well, except for one person.
 
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essentialsaltes

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With tariff turnaround, Trump shows he's the most brilliant president in history | Opinion

“We were up like close to 3,000 points,” Trump said. “Nobody has ever seen a day like that. I think that's a record, isn't it, fellas?”

Commerce Secretary Howard Lutnick dutifully responded: “Definitely.”

Since Trump announced his reciprocal tariffs April 2 on “Liberation Day,” the Dow Jones average had lost about 5,000 points, so regaining 3,000 points and bragging about it was definitely a day like nobody has ever seen.

In terms of presidential successes, it reminded me of the time President William Howard Taft threw $5,000 into a fire for no particular reason, then reached in and pulled out $3,000, severely burning his hand and convincing those around him he was insane. It was tactically brilliant.
 
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rambot

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The mess of most every nation taking advantage of us by the way of their tariffs .
Nobody is taking advantage of you...stop putting victim stickers on yourself. You're the richest nation on earth with one of hte richest populations. You didn't get that way by being taken advantage of.


Geez.

From reading many of the liberal posts here those problems seem to be an acceptable way of running a deficit government.
Oh come on. Le'ts be real. Conservatives are NOt going to run a balanced budgets and the condescending tone of this belies history so let's just stop with that maybe.

They're going to take ALL Teh savings and put the money into defence....and then they'll kneecap treasury income by exempting taxes (and/or directing the IRS stop pursueing 1%er other tax cheats).
 
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rambot

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With tariff turnaround, Trump shows he's the most brilliant president in history | Opinion

“We were up like close to 3,000 points,” Trump said. “Nobody has ever seen a day like that. I think that's a record, isn't it, fellas?”

Commerce Secretary Howard Lutnick dutifully responded: “Definitely.”

Since Trump announced his reciprocal tariffs April 2 on “Liberation Day,” the Dow Jones average had lost about 5,000 points, so regaining 3,000 points and bragging about it was definitely a day like nobody has ever seen.

In terms of presidential successes, it reminded me of the time President William Howard Taft threw $5,000 into a fire for no particular reason, then reached in and pulled out $3,000, severely burning his hand and convincing those around him he was insane. It was tactically brilliant.
I heard there's a guy in the Guiness book of World Record for eating the most feces.

I guess everyone wants to leave a legacy for their children.
 
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trophy33

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“Nobody has ever seen a day like that. I think that's a record, isn't it, fellas?”
Commerce Secretary Howard Lutnick dutifully responded: “Definitely.”
I have seen it. It was a cringe moment.
 
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trophy33

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The mess of most every nation taking advantage of us by the way of their tariffs .
This is a nonsense spread by Trump. Not factual.

If you want to know who is taking advantage of you, then your domestic oligarchs, the top 1-10%. Trump is one of them. Or Musk. Trump is boasting he is not paying taxes and Musk receives astronomical subsidies for his companies.
 
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7thKeeper

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The mess of most every nation taking advantage of us by the way of their tariffs .
Evidence of this? This has been sorely lacking, a lot of rhetoric though. And a lot of lies about the level of tariffs when they do exist.
The mess of massive waste fraud and abuse of taxpayer money.
Like a lot of the stuff "discovered" by DOGE? Oh, which haven't quite turned out to be fraud in a good amount of cases. If only they understood the data or the systems they worked with, but oh well I guess?
 
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trophy33

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Like a lot of the stuff "discovered" by DOGE? Oh, which haven't quite turned out to be fraud in a good amount of cases. If only they understood the data or the systems they worked with, but oh well I guess?
When Musk was asked in an interview how can he explain to people that on one hand he is cutting funds to some projects, while he himself is one of main receivers, he did not do very well.
 
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GoldenBoy89

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The mess of most every nation taking advantage of us by the way of their tariffs .
You guys really do just believe whatever stupid thing he says, don’t you?

Explain how a country making their citizens pay more for American imports is taking advantage of the United States. Then explain how the United States making its citizens pay more for imported goods is not taking advantage of the rest of the world.
 
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Aryeh Jay

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When Musk was asked in an interview how can he explain to people that on one hand he is cutting funds to some projects, while he himself is one of main receivers, he did not do very well.

I think Musk does pretty good at his billion dollar fireworks displays. People are saying that there's a lottery for the first person to ride one of his fireworks.
 
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Deborah1$

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It’s exactly this mentality that has led to the US paying more tariffs than the other countries we trade with. Nancy Pelosi and Chuck Schumer said the same exact thing years ago that Trump is saying now. Yeah prices are going to rise but you can’t win a fight if you’re too afraid to take a hit. I’m glad we have a president that has a spine and isn’t too afraid to make some waves to get things done because he’s more concerned with being reelected.
This man just screwed economies all over the world, started a trade war with endless countries, after running on a platform of bringing down prices on Day 1, and you think it's cool that "prices are going to rise." What is wrong with you? There is a video of Trump in the White House with his billionnaire friends bragging about the money they made on stocks they bought after the market got screwed and I guess you think that is cool too. People are hurting left and right - but hey - that's ok too?
 
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