President Donald Trump - J.D. Vance Administration

#22,301
#22,301
CobbVol said:
Patience grasshopper as this situation took decades to develop. Remove the ~20M (after the court battles), reduce the number of government employees (after the court battles), reduce government regulations (after the court battles) helps to put us toward that direction of budget cuts.
Click to expand...
None of this helps if congress doesn't stop spending money...and they won't. Everyone wants to point the finger at everyone BUT congress. There is a reason they dont vote for term limits. There is a reason they are willing to reduce government benefits for everyone BUT themselves..
 
  • Like
Reactions: norrislakevol, BigOrangeMojo, TNVOLNAVY and 2 others
#22,302
#22,302
jmacvols1 said:
nope, Trump was accused a couple weeks ago of crashing the stock market. The left has been wrong on everything...as usual.

the GDP was down but not for bad reasons....consumer spending is strong









Click to expand...

www.profstonge.com

GDP Goes Negative. And it's Glorious.

It's official: GDP is negative.
www.profstonge.com www.profstonge.com

It's official: GDP is negative.

And it is glorious.

Last week the Bureau of Economic Analysis reported that GDP for the first 3 months of 2025 turned negative for the first time since 2022.

The kicker is all the pain was caused by a 41% surge of imports front-running tariffs. Which GDP bizarrely counts as negative GDP.

Drop those and actual GDP soared by a blistering 4 and a half percent.

Which is Asia-level.

It actually gets better. Because government spending dropped for the first time since 2022.

My colleague EJ Antoni noted that consumer spending outpaced government spending by 3.2% -- also the best number since 2022.

Control for that drop in government spending and the economy grew by nearly 5 percent on the quarter.

Investment is Booming
So what's driving Trump's boom? Simple: private sector investment.

The mother's milk of prosperity.

BLS said investment skyrocketed on the quarter by 22 percent. Much of it driven, ironically, by the very same tariffs that took the headline number negative.

In other words, foreign -- and domestic -- companies are falling over themselves to move production inside Donald Trump's tariff umbrella.

So going by these numbers, America is re-industrializing at light speed. And the tip of the spear is foreign companies moving production here.

A month ago I put up a video how massive these incoming investments are -- at the time it was $3 trillion. Including $165 billion from Taiwan Semiconductor, $100 billion from Japan’s Softbank, $500 billion from Apple, and $2 trillion combined from Dubai and Saudi Arabia.

That number is now $5 trillion in announced deals -- last week Trump said the real number is $8 trillion and counting.

For perspective, pre-Covid gross private investment in the entire economy was about $4 trillion. Trump's already doubled that, maybe tripled. In 3 months.

Consumers and Inflation
That scale of investment implies an explosion in high-paying jobs; the Taiwan Semiconductor project in Arizona alone is projected to create 40,000 construction jobs.

Multiply that by between 20 and 50 times to get to the trillions we’re talking. And with mass deportations — especially with the scrutiny these projects will have — the overwhelming majority go to Americans.

The one concern on GDP had been consumer spending, with media hyping soft consumer surveys. In another recent video I mentioned how these surveys are questionable since big moves are driven by partisanship -- people who hate Trump say the economy sucks, and people who love Trump say it’s grand.

Well, the Bureau of Economic Analysis just reported consumer spending is on fire, hitting 0.7% on the month -- that's close to 9 percent annualized.

Finally, inflation. Which also reported last week at flat — as in zero inflation. For the second time in Trump's 3 months.

Soaring investment and crashing inflation is just about the sweetest 4 words in economics. So what’s next?

What’s Next
Before Trump took office I figured the economy would be a cagefight between Biden's recession overhang and Trump boosting investment, energy, and cutting regulation.

I did not anticipate how massively Trump's tariffs would boost investment -- 5-plus trillion of investment is monster numbers.

As for the immediate future, all those front-run imports will likley show up next quarter as consumption or investment, delivering a big, beautiful GDP number.

Meanwhile those monster investment numbers will start taking pole position, swamping any hits to paper GDP from government layoffs and mass deportations.

Last week a reporter asked Trump about the negative GDP print and he said "be patient, the boom is coming.”

So far that’s exactly what’s happening. And if Congress gets its butt in gear on deregulation and tax cuts it can go much faster.
 
  • Like
Reactions: dovervolz and norrislakevol
#22,304
#22,304
FLVOL_79 said:
Are you drinking the Marjorie Green fake tan spray tainted Flavor Aid too?

Ending Taxpayer Subsidization Of Biased Media <-all under the guise that "its saving you money!". It aint saving you sh!t. In fact nothing Trump has done is going to put more money in your wallet/pocketbook. You can also toss in the Whitehouse's new Drudge Report mimic website that leads to "trusted news sources" as yet another gimmick/moronic propaganda tool to steer the mindless sheeple. (Watch out for the miracle water and prepper food supply pop up ads on those trusted news sites..) Kicker is I dont GAF about PBS or NPR.

Trumps statements on media outlets in general. I'm pretty sure he called the press "the enemy of the people" during his first term, and countless more moronic comments this year. If you can't look at a news media website and weed out the facts from the BS, you probably need to focus on developing some better cognitive reasoning abilities. Take inventory of how many times he flip flops on Foxnews. One minute he loves them, then they are critical, and they are the enemy. Trumps a buffoon.

Dudes also drafted EO's going after law firms that hurt his feelings. How emotionally fragile and asshurt do you need to be to do that? THAT is part of his overreach. Look at anything Trump does or did, then substitute Obama or Bidens name into that and think about how you'd feel. He hasn't murdered any American citizens without due process like Obama, but he still has time. Remember, gotta outdo Obama and Biden at all costs!

I get being caught up in the November victory. Lots of people live vicariously through politics, sports (here we are!), and other peoples accomplishments in general so for most people its hard to take a step back and come to terms with your own involvement in any sh!tshow. That being said, Kamala would have been no better.

Side note, Trump spends every weekend going golfing, either going to Florida or his course north of Leesburg. Every. Weekend. On the tax payer dime. Now which party used to complain about Obama golfing too much?..
I surmise he does this because there are protests every weekend outside of the White House and dudes too chickensh!t to be around when they happen.
Click to expand...
Come on dude. There is a reason why I only bolded a few parts of your post. I agreed with most of it. Trump has an extremely fragile ego and that's not great in a leader. Most of this post here has nothing to do with my reply though.
 
#22,305
#22,305
just bob said:
Come on dude. There is a reason why I only bolded a few parts of your post. I agreed with most of it. Trump has an extremely fragile ego and that's not great in a leader. Most of this post here has nothing to do with my reply though.
Click to expand...

Did 79 hurt your feelings? 🥺
 
#22,312
#22,312
Trump's America: the army doesn't need to recognize Jackie Robinson because racism is dead.

Me: OK, I hope you're right.

Me: Well, did you hear about the food drive? You donating?

Trump's America: I actually donated to another cause. Some total bi*** on the internet was picking on people and calling little kids the N-word, so I chipped in.

Me: ...to an anti-bullying cause?

Trump's America: not exactly

www.aol.com

Minnesota mom rakes in over $500K after calling boy with autism the N-word

Thousands of people online condemned Hendrix for using the hateful language, especially against a child.
www.aol.com www.aol.com
 
  • Like
Reactions: EasternVol, NorthDallas40 and tvolsfan
#22,313
#22,313
Trump's Central Planning sounds like it's going to be a blast.

I Wonder how many households even have 5 pencils in them at this very moment?
 
#22,314
#22,314
n_huffhines said:
Trump's America: the army doesn't need to recognize Jackie Robinson because racism is dead.

Me: OK, I hope you're right.

Me: Well, did you hear about the food drive? You donating?

Trump's America: I actually donated to another cause. Some total bi*** on the internet was picking on people and calling little kids the N-word, so I chipped in.

Me: ...to an anti-bullying cause?

Trump's America: not exactly

www.aol.com

Minnesota mom rakes in over $500K after calling boy with autism the N-word

Thousands of people online condemned Hendrix for using the hateful language, especially against a child.
www.aol.com www.aol.com
Click to expand...

What about the black guy murdering the white kid? Just business as usual amirite. Bout time dey got paid for it.
 
#22,315
#22,315
n_huffhines said:
Trump's America: the army doesn't need to recognize Jackie Robinson because racism is dead.

Me: OK, I hope you're right.

Me: Well, did you hear about the food drive? You donating?

Trump's America: I actually donated to another cause. Some total bi*** on the internet was picking on people and calling little kids the N-word, so I chipped in.

Me: ...to an anti-bullying cause?

Trump's America: not exactly

www.aol.com

Minnesota mom rakes in over $500K after calling boy with autism the N-word

Thousands of people online condemned Hendrix for using the hateful language, especially against a child.
www.aol.com www.aol.com
Click to expand...
$500k! That is insane.

I might have to reconsider my retirement planning.
 
  • Like
Reactions: NorthDallas40
#22,318
#22,318
SpaceCoastVol said:
Gee, so the growth of his company (which actually produces NOTHING on its' own) will be affected and he's calling the current policy flawed.


Sure couldn't see that coming.

You do know Buffett is a leftist doncha?
Click to expand...

All I know is Buffett is widely viewed as probably the wisest investor / businessman in the world. In contrast, there's Trump... lmao.
 
  • Like
Reactions: swampfoxfan
#22,320
#22,320
swampfoxfan said:
Having that photo ai'd should put him on the fast train to hell
Click to expand...
Donald is the King alright... King of all douchebags. It amazes me how his MAGA cheerleaders can just gleefully look past all his unforgivable flaws which - at any prior time in history - would have immediately disqualified that person from even being considered to be our President.

Amazing what money buys.
 
  • Like
Reactions: swampfoxfan
New posts
You must log in or register to reply here.

VN Store



Back
Top