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Trump Does his Awesome New Tariffs. Winning!!

Discussion in 'Too Hot for Swamp Gas' started by gator_jo, Feb 1, 2025.

  1. demosthenes

    demosthenes Premium Member

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    I love watching one of my 401K accounts drop by tens of thousands of dollars a day. It’s so … invigorating.
     
    • Agree Agree x 2
  2. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    Don't be selfish. Gotta sacrifice to keep that fentanyl out of the country.
     
    • Funny Funny x 1
  3. mdgator05

    mdgator05 Premium Member

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    There is a reason that every economist that examines trade was looking at the numbers and couldn't figure out how the Trump administration determined the tariff and non-tariff rates by country. Their method is so absurd that everybody that knows how to do it for real were unable to even imagine how you would end up with those numbers. It required a non-expert (who figured it out first) because he wasn't burdened with the knowledge of how to actually do this in reality. Essentially, it was too stupid for the people with actual background to fathom.

    Then they released the actual formula...and, somehow, it was even more stupid because they added in terms and then assumed them to values that made the terms disappear after pushing back that the formula was based in the economics literature (it wasn't).
     
    • Agree Agree x 1
    • Winner Winner x 1
  4. mdgator05

    mdgator05 Premium Member

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    We must stop the penguin drug smugglers!

    [​IMG]
     
    • Funny Funny x 8
    • Informative Informative x 1
  5. exiledgator

    exiledgator Gruntled

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    TH sure has gotten quiet since we've all been liberated.
     
    • Funny Funny x 8
    • Winner Winner x 1
  6. obgator

    obgator GC Hall of Fame

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    Everyone’s out celebrating the winning or just drinking. Lots of drinking.
     
    • Funny Funny x 1
  7. sierragator

    sierragator GC Hall of Fame

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    These clowns are counting on people voting for them again?
     
    • Best Post Ever Best Post Ever x 1
  8. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    As you can see from this thread, there are people blaming Biden for this. So yes.
     
  9. NavyGator93

    NavyGator93 GC Hall of Fame

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    The only individual stock I own is Home Depot and for some crazy reason it is up today.
     
    • Like Like x 1
  10. sierragator

    sierragator GC Hall of Fame

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    It will take decades to undo it, assuming the opportunity is there to do so.
     
  11. slayerxing

    slayerxing GC Hall of Fame

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    Well it’s quiet because maga doesn’t know the markets are collapsing. Fox News is instead reporting on how tariffs might save the shrimping industry…
     
    • Like Like x 1
  12. mdgator05

    mdgator05 Premium Member

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    Market just closed:
    DJI down 5.5%
    Nasdaq down 5.82%
    S&P down 5.97%

    [​IMG]

    Seriously, I can't even come up with an example in which a single person successfully chose to destroy trillions in wealth.
     
    • Winner Winner x 3
  13. mikemcd810

    mikemcd810 Premium Member

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    One thing you have to respect about MAGA is that they call it like they see it no matter who is in office. If Biden had done this same thing, they'd all still be here preaching patience and explaining that it's just temporary.
     
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    • Winner Winner x 1
  14. oragator1

    oragator1 Hurricane Hunter Premium Member

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    Almost 10 trillion wiped out of stocks since inauguration. And 5 trillion in 2 days. And that’s just domestic, probbaly another 5 trillion or more international.. That’s a decade or 2 worth of tariff costs they are trying to save us from.
    Again, in two 2 days. Think about the absolute incompetence (masked in idiotic bravado) it takes to pull that off.
     
    • Winner Winner x 2
  15. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    Actually, the top on the Fox website is an anti-abortion activist being assaulted

    and before it gets around to the markets, we learn that a Biden green energy wind turbine was trashed by lightening and, of course, transgenders.
     
    • Funny Funny x 4
  16. G8trGr8t

    G8trGr8t Premium Member

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    Patriotic according to MAGA
     
  17. sierragator

    sierragator GC Hall of Fame

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    Happy days are here again. " Only" another 39k points to go.
     
  18. mdgator05

    mdgator05 Premium Member

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    Technically, closer to 38K by the end of the day.
     
  19. G8trGr8t

    G8trGr8t Premium Member

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    Idiots
    Every last one of them
    And every dumbass that voted for him.
     
    • Agree Agree x 9
  20. tigator2019

    tigator2019 GC Hall of Fame

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    In my head--- UF
    300 BILLION in val lost by Apple in 48 hours.

    He kills all he touches- like the Midas of death