President Donald Trump - J.D. Vance Administration

#36,930
#36,930
hog88 said:
No, some men just understand that somethings are painful to fix.
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step down decreases, to zero, based on some actual stated, and maintained, schedule would achieve the same thing.

Trump is just throwing the baby out with the bath water.
 
#36,938
#36,938
Vol423 said:
Inflation is rapidly rising? Is this dude living in 2021 in his mind?
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It actually isn’t rapidly rising no. But the last few reports have come in within expectations. And these same people are saying inflation is coming. So I can’t see how to reconcile giving them props on the month to month predictions while ignoring the longer term predictions or calling them wrong? 🤷‍♂️
 
#36,941
#36,941
McDad said:
Lol.
Wrong approach. Don't try to wrestle a pig in the mud.

Newsom is as stupid as the rest of them.
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I think his staff is pointing at the pig and mocking it. Most of the claims in that tweet aren’t true. And the THIS IS YOUR NEXT TO LAST WARNING is clearly a play on the whole TACO thing to me anyway.
 
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#36,942
#36,942
NorthDallas40 said:
It actually isn’t rapidly rising no. But the last few reports have come in within expectations. And these same people are saying inflation is coming. So I can’t see how to reconcile giving them props on the month to month predictions while ignoring the longer term predictions or calling them wrong? 🤷‍♂️
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Today's inflation came in at 2.7%, which was below expectations of 2.8%. Therefore, the MSM is instead focusing on core inflation, which was 3.1%vs. expectations of 3.0%. Of course, the biggest driver of both of these figures is housing, which is primarily driven by a fictitious inflation figure for owner's equivalent rent. That is a made up inflation number that nobody actually pays.
 
#36,943
#36,943
Vol423 said:
Inflation is rapidly rising? Is this dude living in 2021 in his mind?
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Is this administration living in the 1950s? Trying to define economic success in a service-based economy (which, if you know anything about macroeconomics is the natural progression post-manufacturing boom, and there is no exception to this rule) on export/import balance, imposing nonsensical tariffs shows the complete ineptitude at the top. Once the cost of this filters down to US households in the next 2 or 3 quarters we’ll see how strong the ties are between Trump and his base.
 
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#36,944
#36,944
NorthDallas40 said:
I think his staff is pointing at the pig and mocking it. Most of the claims in that tweet aren’t true. And the THIS IS YOUR NEXT TO LAST WARNING is clearly a play on the whole TACO thing to me anyway.
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The only thing worse than politicians and their staff being cute is that it gets posted here.
 
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#36,945
#36,945
Vol423 said:
Today's inflation csme in at 2.7%, which was below expectations of 2.8%. Therefore, the MSM is instead focusing on core inflation, which was 3.1%vs. expectations of 3.0%. Of course, the biggest driver of both of these figures is housing, which is primarily driven by a fictictious inflation figure for owner's equivalent rent. That is a made up inflation number that nobody actually pays.
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Oh we don’t agree on that at all. But my point was I don’t see how you/we all can give them credit on the month to month incremental predictions while ignoring or flat out labeling wrong their longer predictions. Challenging their predictions and questioning the components? Absolutely fair game. And that’s what you’re doing as I see it. But chest thumping on the incremental predictions while labeling the longer ones fake news just looks disingenuous to me.

Also we’ll see if Powell actually coughs up a rate cut on not in September. I personally don’t think he will he’ll still do the hand wringing on tariff uncertainty. And I think he’s wrong as he’s a demonstrated hypocrite on this by living in the moment with “transitory inflation” last year while leaning on what might happen this year.
 
#36,947
#36,947
NorthDallas40 said:
Oh we don’t agree on that at all. But my point was I don’t see how you/we all can give them credit on the month to month incremental predictions while ignoring or flat out labeling wrong their longer predictions. Challenging their predictions and questioning the components? Absolutely fair game. And that’s what you’re doing as I see it. But chest thumping on the incremental predictions while labeling the longer ones fake news just looks disingenuous to me.

Also we’ll see if Powell actually coughs up a rate cut on not in September. I personally don’t think he will he’ll still do the hand wringing on tariff uncertainty. And I think he’s wrong as he’s a demonstrated hypocrite on this by living in the moment with “transitory inflation” last year while leaning on what might happen this year.
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I don't think Powell will lower rates either.
 
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#36,950
#36,950
Vol423 said:
I don't think Powell will lower rates either.
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At this point I think it’s a big middle finger to Trump. And it comes off just as petty to me.

He held off raising rates on much worse data and has dug his heels in on currently pretty good data frankly. But Trump is also helping him dig his heels in with the continual looming tariff stupidity I think.

China got another 90 stay. Again. Just like every threat before to them when the time period expired.
 
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