July 29Jul 29 55 minutes ago, Mike030270 said:There are income restrictions thoughSerious question for the forever trumpers:Is part of his appeal just how simple and generic he speaks?When I read or hear him say "We have so much money coming in” with no further details, I think he’s either lying or doesn’t know how much, otherwise he would have said how much has come in.
July 29Jul 29 4 minutes ago, MidMoFo said:Serious question for the forever trumpers:Is part of his appeal just how simple and generic he speaks?When I read or hear him say "We have so much money coming in” with no further details, I think he’s either lying or doesn’t know how much, otherwise he would have said how much has come in.he speaks just like them…like an uneducated moron..
July 29Jul 29 12 minutes ago, mr_hunt said:he speaks just like them…like an uneducated moron..they love the language of cliff clavin.
July 29Jul 29 2 hours ago, we_gotta_believe said:More unnecessary stimulus checks? This ought to help with inflation.Put a big tax on people and give a little back and watch the people cheer
July 29Jul 29 18 minutes ago, Paul852 said:Put a big tax on people and give a little back and watch the people cheer Yep, because they're stupid enough to think other countries are paying the tax.
July 31Jul 31 Just now, Tnt4philly said:Who are you kidding?You wouldn't know it was there banging your old lady if you walked into the room. 😏
July 31Jul 31 Trump crush domestic automobile productionBy Scott LemieuxIf Ford being profitable was a problem, Trump has solved it:Ford Motor paid out more than $800 million in tariffs last quarter, despite manufacturing most of its vehicles in the U.S.The tariff bill came from parts imported from outside of the country as well as from fees on steel and aluminum. The hit helped wipe out the company’s net profit, leading to its first quarterly loss since 2023.Executives said they are pressing the Trump administration to lower levies on parts and materials. "They’ve made it clear that Ford as the most American automaker should not be disadvantaged,” finance chief Sherry House said. "We are optimistic.”The company said tariff-related costs will cut about $2 billion from its annual earnings, more than the $1.5 billion it predicted three months ago. The company reported a net loss of $29 million, compared with $1.8 billion in net income a year ago. Revenue rose to $50.2 billion, from $47.8 billion a year ago. Ford shares are down 3.4% in after-hours trade.There are three related points worth making here:The role of lower tariffs in the decline of domestic manufacturing is probably less than generally thought.Even if you disagree with point #1, it is harder for tariffs to play a role in restoring domestic manufacturing, particularly when they’re imposed by executive fiat. And it’s even less likely that they can play a significant role in brining back well-paying manufacturing jobs.Trump’s particular tariffs are structured to be particularly bad for domestic auto manufacturing.In summary, Trump is unpopular because people are just tired of all the winning.https://www.lawyersgunsmoneyblog.com/2025/07/trump-crush-domestic-automobile-production
July 31Jul 31 9 hours ago, M.C. said:Trump crush domestic automobile productionBy Scott LemieuxIf Ford being profitable was a problem, Trump has solved it:Ford Motor paid out more than $800 million in tariffs last quarter, despite manufacturing most of its vehicles in the U.S.The tariff bill came from parts imported from outside of the country as well as from fees on steel and aluminum. The hit helped wipe out the company’s net profit, leading to its first quarterly loss since 2023.Executives said they are pressing the Trump administration to lower levies on parts and materials. "They’ve made it clear that Ford as the most American automaker should not be disadvantaged,” finance chief Sherry House said. "We are optimistic.”The company said tariff-related costs will cut about $2 billion from its annual earnings, more than the $1.5 billion it predicted three months ago.The company reported a net loss of $29 million, compared with $1.8 billion in net income a year ago. Revenue rose to $50.2 billion, from $47.8 billion a year ago. Ford shares are down 3.4% in after-hours trade.There are three related points worth making here:The role of lower tariffs in the decline of domestic manufacturing is probably less than generally thought.Even if you disagree with point #1, it is harder for tariffs to play a role in restoring domestic manufacturing, particularly when they’re imposed by executive fiat. And it’s even less likely that they can play a significant role in brining back well-paying manufacturing jobs.Trump’s particular tariffs are structured to be particularly bad for domestic auto manufacturing.In summary, Trump is unpopular because people are just tired of all the winning.https://www.lawyersgunsmoneyblog.com/2025/07/trump-crush-domestic-automobile-productionAuto growth has been crushed since they shut down the world.
August 1Aug 1 The Weirdest GDP Report EverThe economy grew 3%, but mainly because imports collapsed. Alas, investment fell too. -WSJBasically the take from the WSJ is that consumers were buying up the pre-tariff stockpiles of goods while imports dropped off, resulting in higher GDP $ for Q2.The major fall-off in investment is Trump economy on steroids. It's all about getting gaudy numbers today at the expense of tomorrow.
August 1Aug 1 Author Yikes, job reports in May/June corrected deeply downward and July was no better. Dow probably takes a hit today.
August 1Aug 1 29 minutes ago, DrPhilly said:Yikes, job reports in May/June corrected deeply downward and July was no better. Dow probably takes a hit today.
August 1Aug 1 38 minutes ago, DrPhilly said:Yikes, job reports in May/June corrected deeply downward and July was no better. Dow probably takes a hit today.only off by 258k.
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