The Trump Effect

#701
#701
lawgator1 said:
Nah, this racket is direct personal gain through fake Bibles, fake watches, fake crypto, hats, steaks, and the sale of pardons.

He, unlike the military industrial complex, is unsophisticated in his con game. He's no better than a crackhead mugger in downtown NYC.
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Trump has outsmarted Dems at every turn. As far as sale of pardons, check on Biden's autopenned pardons
 
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#705
#705
hog88 said:
Not what I'm saying at all. I'm saying that the US govt shouldn't be in the business of lending money to private ventures. Period.
Click to expand...

Probably right, but I've thought for a long time that private investment won't back new nuclear power plans - too much money involved, excessive lead times, and too much risk (some of that is regulatory just trying to get the plant licensed and approved for operation when complete).

It also doesn't seem like anybody is really interested in a manageable power grid. That takes plants that can provide power 24 hours a day - day in and day out; or as we used to say "nukes do it allll night". Solar is a fool's game (wind, too) because it requires backup power when the sun doesn't shine, and nobody seems to factor in the real cost of keeping backup power idling while the sun is shining - it's just not the freebee it's made out to be.

The big outage in Spain/Portugal earlier in the year should have been a wakeup, but it apparently wasn't. Real power plants have huge rotating turbines; the rotating mass accommodates short grid faults; solar grids fall all over their face with a domino effect. That's even neglecting the baked in shutdown mechanisms the CCP builds into the inverters necessary with solar power.

Somehow I'm shocked that a new Solyndra or other hasn't decided on a twofer and made wind turbine blades coated with solar cells. There's a major scam factor in energy production, and that certainly includes OPEC and market price fixing. The biggest problem with scam controlled energy cost is that energy affects us in so many ways - virtually everything we use or consume and it's almost always multiplied.
 
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#708
#708
are the Dems and leftist media gaslighting some people into thinking the economy is in deep trouble?

 
#709
#709
lawgator1 said:
One other Trump Effect is that a family that is a standard bearer of Conservative and Republicans values rejected Trump's attendance at a major funeral. They see Trump for what he is, a con man and a traitor to the country in every way.
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^^^The Trump effect^^^ LG defends someone as the standard bearer of conservative values that he would normally call a war criminal 🤷
 
#710
#710



GROK: Is This Accurate?

Early Data Supports a Record-Breaking Black Friday

Hassett's optimistic assessment aligns with preliminary sales figures released on November 29-30, 2025, from major analytics firms. Black Friday 2025 (November 28) indeed set multiple records, particularly in online sales, though total spending growth was tempered by inflation and tariff-related price hikes on imports. Consumers bought fewer items overall (down 2% from 2024 per Salesforce) but spent more per transaction, reflecting a "K-shaped" recovery where higher-income shoppers drove luxury and electronics purchases.

Here's a breakdown of key data:
Metric2025 SalesYoY ChangeSource
Online Sales (U.S.)$11.8 billion+9.1%Adobe Analytics
In-Store Sales (U.S.)~$6.2 billion (estimated)+1.7% to +4%Mastercard SpendingPulse / Salesforce
Total Black Friday Sales (U.S.)$18 billion+3% to +4.1%Salesforce / Mastercard
Thanksgiving Day Online (U.S.)$6.4 billion+5.3%Adobe Analytics
Global Online Sales$79 billionN/ASalesforce
Shopify Merchants (Global)$6.2 billionRecord highShopify
  • Online Dominance: Mobile devices drove over 50% of online purchases, with peak spending hitting $12.5 million per minute between 10 a.m. and 2 p.m. local time. AI-powered tools (e.g., chatbots for price comparisons) boosted U.S. online traffic by 805% YoY, adding $3 billion in sales.
  • Top Categories: Electronics (e.g., Nintendo Switch, PlayStation 5, Apple AirPods), toys (LEGO, Pokemon cards), apparel, and appliances led gains. Apparel saw +6.1% online and +5.4% in-store.
  • Broader Context: The National Retail Federation (NRF) projects total holiday spending (November-December) at a record $1 trillion, up from $976 billion in 2024—a 3.7-4.2% increase. "Buy Now, Pay Later" options contributed $686 million online, up 8.8% YoY. However, critics note that nominal growth masks real-term erosion from ~1.4% grocery inflation and tariffs.
Economic Implications

This "blockbuster" performance signals resilience amid challenges like a weeks-long government shutdown (costing billions in lost activity) and tariff pressures. Hassett argued on CBS' Face the Nation that real incomes rose ~$1,200 this year due to wage gains outpacing inflation, enabling the spending surge. Early forecasts for Cyber Monday (December 1) predict $14.2 billion in online sales—potentially topping Black Friday.
While not every metric shattered records (in-store growth lagged online), the overall weekend exceeded expectations, validating Hassett's claim as a strong start to the holiday season. Full Commerce Department data won't be available until mid-December, but retailers like Walmart and Target reported "strong" early traffic.
 
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#711
#711
jmacvols1 said:



GROK: Is This Accurate?

Early Data Supports a Record-Breaking Black Friday

Hassett's optimistic assessment aligns with preliminary sales figures released on November 29-30, 2025, from major analytics firms. Black Friday 2025 (November 28) indeed set multiple records, particularly in online sales, though total spending growth was tempered by inflation and tariff-related price hikes on imports. Consumers bought fewer items overall (down 2% from 2024 per Salesforce) but spent more per transaction, reflecting a "K-shaped" recovery where higher-income shoppers drove luxury and electronics purchases.

Here's a breakdown of key data:
Metric2025 SalesYoY ChangeSource
Online Sales (U.S.)$11.8 billion+9.1%Adobe Analytics
In-Store Sales (U.S.)~$6.2 billion (estimated)+1.7% to +4%Mastercard SpendingPulse / Salesforce
Total Black Friday Sales (U.S.)$18 billion+3% to +4.1%Salesforce / Mastercard
Thanksgiving Day Online (U.S.)$6.4 billion+5.3%Adobe Analytics
Global Online Sales$79 billionN/ASalesforce
Shopify Merchants (Global)$6.2 billionRecord highShopify
  • Online Dominance: Mobile devices drove over 50% of online purchases, with peak spending hitting $12.5 million per minute between 10 a.m. and 2 p.m. local time. AI-powered tools (e.g., chatbots for price comparisons) boosted U.S. online traffic by 805% YoY, adding $3 billion in sales.
  • Top Categories: Electronics (e.g., Nintendo Switch, PlayStation 5, Apple AirPods), toys (LEGO, Pokemon cards), apparel, and appliances led gains. Apparel saw +6.1% online and +5.4% in-store.
  • Broader Context: The National Retail Federation (NRF) projects total holiday spending (November-December) at a record $1 trillion, up from $976 billion in 2024—a 3.7-4.2% increase. "Buy Now, Pay Later" options contributed $686 million online, up 8.8% YoY. However, critics note that nominal growth masks real-term erosion from ~1.4% grocery inflation and tariffs.
Economic Implications

This "blockbuster" performance signals resilience amid challenges like a weeks-long government shutdown (costing billions in lost activity) and tariff pressures. Hassett argued on CBS' Face the Nation that real incomes rose ~$1,200 this year due to wage gains outpacing inflation, enabling the spending surge. Early forecasts for Cyber Monday (December 1) predict $14.2 billion in online sales—potentially topping Black Friday.
While not every metric shattered records (in-store growth lagged online), the overall weekend exceeded expectations, validating Hassett's claim as a strong start to the holiday season. Full Commerce Department data won't be available until mid-December, but retailers like Walmart and Target reported "strong" early traffic.
Click to expand...

Of course records are gonna be broke. Everything's more expensive. Really desperate for a win huh?
 
#712
#712
FLVOL_79 said:
Of course records are gonna be broke. Everything's more expensive. Really desperate for a win huh?
Click to expand...
Inflation is about 3% but revenues were up over 9%. What's your point?

Adobe Analytics, which tracks e-commerce, said U.S. consumers spent a record $11.8 billion online Friday, marking a 9.1% jump from last year.
Click to expand...

www.cbsnews.com

U.S. consumers spent a record $11.8 billion online during Black Friday sales

Shoppers turned out in big numbers for Black Friday despite wider economic uncertainty.
www.cbsnews.com www.cbsnews.com

Please explain
 
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#715
#715
Sea Ray said:
Use numbers that are specific to this issue. I did that. Sales are up 9% since last year. Inflation is 3%. How is that a nice increase?
Click to expand...
You are forgetting to factor in tariffs. Like I said..if things are more expensive records will be broke. This is basic public school math so most on this board should theoretically be able to comprehend that.

BLS also generates that number and with the Trump admin I wouldn't be surprised if its not true. One of the reasons the shutdown took so long was to, from what I've heard here in DC, suppress those numbers during the holiday shopping season as to not scare off consumers. Already two months behind on them as I type this so take it for what its worth.
 
#716
#716
FLVOL_79 said:
You are forgetting to factor in tariffs. Like I said..if things are more expensive records will be broke. This is basic public school math so most on this board should theoretically be able to comprehend that.
Click to expand...

Ha ha, you using govt employee logic...

The 9% increase was only online shopping and that continues a long trend of continued online increases.

The answer (for the point you are trying to prove) is online shopping is growing by mid single digits annually already and layering that macro trend + inflation/tariffs explains why online shopping grew at a higher but expected rate...
 
#717
#717
BigOrangeMojo said:
Ha ha, you using govt employee logic...

The 9% increase was only online shopping and that continues a long trend of continued online increases.

The answer (for the point you are trying to prove) is online shopping is growing by mid single digits annually already and layering that macro trend + inflation/tariffs explains why online shopping grew at a higher but expected rate...
Click to expand...
Nah. Yall trying to make this way more complicated than it is.
 
#720
#720
jmacvols1 said:



GROK: Is This Accurate?

Early Data Supports a Record-Breaking Black Friday

Hassett's optimistic assessment aligns with preliminary sales figures released on November 29-30, 2025, from major analytics firms. Black Friday 2025 (November 28) indeed set multiple records, particularly in online sales, though total spending growth was tempered by inflation and tariff-related price hikes on imports. Consumers bought fewer items overall (down 2% from 2024 per Salesforce) but spent more per transaction, reflecting a "K-shaped" recovery where higher-income shoppers drove luxury and electronics purchases.

Here's a breakdown of key data:
Metric2025 SalesYoY ChangeSource
Online Sales (U.S.)$11.8 billion+9.1%Adobe Analytics
In-Store Sales (U.S.)~$6.2 billion (estimated)+1.7% to +4%Mastercard SpendingPulse / Salesforce
Total Black Friday Sales (U.S.)$18 billion+3% to +4.1%Salesforce / Mastercard
Thanksgiving Day Online (U.S.)$6.4 billion+5.3%Adobe Analytics
Global Online Sales$79 billionN/ASalesforce
Shopify Merchants (Global)$6.2 billionRecord highShopify
  • Online Dominance: Mobile devices drove over 50% of online purchases, with peak spending hitting $12.5 million per minute between 10 a.m. and 2 p.m. local time. AI-powered tools (e.g., chatbots for price comparisons) boosted U.S. online traffic by 805% YoY, adding $3 billion in sales.
  • Top Categories: Electronics (e.g., Nintendo Switch, PlayStation 5, Apple AirPods), toys (LEGO, Pokemon cards), apparel, and appliances led gains. Apparel saw +6.1% online and +5.4% in-store.
  • Broader Context: The National Retail Federation (NRF) projects total holiday spending (November-December) at a record $1 trillion, up from $976 billion in 2024—a 3.7-4.2% increase. "Buy Now, Pay Later" options contributed $686 million online, up 8.8% YoY. However, critics note that nominal growth masks real-term erosion from ~1.4% grocery inflation and tariffs.
Economic Implications

This "blockbuster" performance signals resilience amid challenges like a weeks-long government shutdown (costing billions in lost activity) and tariff pressures. Hassett argued on CBS' Face the Nation that real incomes rose ~$1,200 this year due to wage gains outpacing inflation, enabling the spending surge. Early forecasts for Cyber Monday (December 1) predict $14.2 billion in online sales—potentially topping Black Friday.
While not every metric shattered records (in-store growth lagged online), the overall weekend exceeded expectations, validating Hassett's claim as a strong start to the holiday season. Full Commerce Department data won't be available until mid-December, but retailers like Walmart and Target reported "strong" early traffic.
Click to expand...

So the Mass Blackout protest didn’t work … drats
 
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#722
#722
FLVOL_79 said:
You are forgetting to factor in tariffs. Like I said..if things are more expensive records will be broke. This is basic public school math so most on this board should theoretically be able to comprehend that.

BLS also generates that number and with the Trump admin I wouldn't be surprised if its not true. One of the reasons the shutdown took so long was to, from what I've heard here in DC, suppress those numbers during the holiday shopping season as to not scare off consumers. Already two months behind on them as I type this so take it for what its worth.
Click to expand...
OK, so you got nothing. I asked for specific numbers and this is all you got

I know you don’t like Trump. I get it. But I’d respect a more honest approach, something like this:

Good to see sales are up but Trump had nothing to do with it

Instead you’re accusing his administration of fixing the numbers and throwing out whatever you can dream up like tariffs, without actually thinking this through. Here’s a fact for you: tariffs are accounted for in our inflation numbers which I stated was about 3%. Going down that road is a dead end. I suggest you give up the ghost on this one and quit digging yourself deeper
 
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#723
#723
Sea Ray said:
OK, so you got nothing. I asked for specific numbers and this is all you got

I know you don’t like Trump. I get it. But I’d respect a more honest approach, something like this:

Good to see sales are up but Trump had nothing to do with it

Instead you’re accusing his administration of fixing the numbers and throwing out whatever you can dream up like tariffs, without actually thinking this through. Here’s a fact for you: tariffs are accounted for in our inflation numbers which I stated was about 3%. Going down that road is a dead end. I suggest you give up the ghost on this one and quit digging yourself deeper
Click to expand...
Your inability to not do math good isn't my problem. Again, you're trying to make things more complicated than they are. I'm sure a car maker made more in $ sales this year than they did X amount of years ago and moved fewer units. Why would that be? Trump apologists are desperate to spin anything and everything to try and bolster Dozy Dons ineptitude. I get it. I li ed vicariously through politics once upon a time too.
 
#724
#724
Sea Ray said:
OK, so you got nothing. I asked for specific numbers and this is all you got

I know you don’t like Trump. I get it. But I’d respect a more honest approach, something like this:

Good to see sales are up but Trump had nothing to do with it

Instead you’re accusing his administration of fixing the numbers and throwing out whatever you can dream up like tariffs, without actually thinking this through. Here’s a fact for you: tariffs are accounted for in our inflation numbers which I stated was about 3%. Going down that road is a dead end. I suggest you give up the ghost on this one and quit digging yourself deeper
Click to expand...

Online Black Friday shopping has grown at 7-8% rate plus excess inflation gets you right to 9%....

Its why the online sales on Black Friday was almost spot on to the forecast...
 
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