recession?

[SAJ-99]

Interesting comment that he said he is "at risk of losing his job". Clearly Trump controls the "fake" news media too.

CNBC’s Steve Liesman torches Trump’s ‘insane’ tariffs ‘at risk of my job’

The longtime business journalist tore into President Trump after he threatened to hike tariffs on Canada’s aluminum and steel imports to 50%.

nypost.com

The analysis of the tariffs in Trump 1 explain why the Admin isn't putting out forecasts on impacts the current ones. Instead we get all the members hitting the news networks and talking them up.

"The Peterson Institute for International Economics estimates that, in the end, Trump’s steel tariffs cost taxpayers more than $900,000 each year for every job they saved or created."

Trump’s New Aluminum and Steel Tariffs Explained in Six Charts

President Trump doubled almost all aluminum and steel import tariffs, seeking to curb China’s growing dominance in global trade. These six charts show the tariffs’ potential economic effects.

www.cfr.org

 

[BigHornRam]

Interesting comment that he said he is "at risk of losing his job". Clearly Trump controls the "fake" news media too.

Trump’s New Aluminum and Steel Tariffs Explained in Six Charts

President Trump doubled almost all aluminum and steel import tariffs, seeking to curb China’s growing dominance in global trade. These six charts show the tariffs’ potential economic effects.

www.cfr.org

Careful. These aluminum tariffs are going bankrupt you with all these conspiracies rolling around in your head. I used to like CNBC back in the day, when Santelli regularly tore Liesman a new one. It's become boring to watch. Only reason Liesman would get canned is due to poor ratings.

 

[SAJ-99]

Careful. These aluminum tariffs are going bankrupt you with all these conspiracies rolling around in your head. I used to like CNBC back in the day, when Santelli regularly tore Liesman a new one. It's become boring to watch. Only reason Liesman would get canned is due to poor ratings.

I know Santelli is your guy. He is jumping through hoops trying to justify some of the Admin's BS. I mostly thought it was unusual for a reporter to say the quiet part out loud.

 

[BigHornRam]

I know Santelli is your guy. He is jumping through hoops trying to justify some of the Admin's BS. I mostly thought it was unusual for a reporter to say the quiet part out loud.

He probably said it cause they are getting ready to cut him loose, and wanted you to feel sorry for him. He was a dull knife from day one. Entertaining exchange from back when the Money Honey still worked for CNBC.

 

[rjthehunter]

LOL!

Revisional thinking much?

Always amazing to me how people don't consult readily available sources before making statements that are so far off. This one reflects market performance by president. I always say Presidents have less impact on the market than many think--but the key is do they mess with things that affect the market negatively--eg. tariff wars-- or let it move on its own. I know personally I made a LOT more money under democratic presidents than republican.

View attachment 363703

Dang, it's almost like Obama had a drop right when he took office too.

Wait a second...

It's amazing to me that you don't consult readily available sources before making statements that are so far off. This is pretty embarrassing for you.

 

[Bonasababy]

 

[elkduds]

As the old punchline goes, it would be a good start. Especially with this "copilot."

 

[BigHornRam]

Senate Democrats say they will reject GOP's funding bill as shutdown draws near

After meeting with his conference, the Senate Minority Leader Chuck Schumer said "Republicans do not have the votes" to advance the House-approved measure.

www.nbcnews.com

 

[brymoore]

Senate Democrats say they will reject GOP's funding bill as shutdown draws near

After meeting with his conference, the Senate Minority Leader Chuck Schumer said "Republicans do not have the votes" to advance the House-approved measure.

www.nbcnews.com

Both parties have played the silly game to delay approving a new budget to the last hour.

 

[nrpate05]

Both parties have played the silly game to delay approving a new budget to the last hour.

Interesting that the Republicans voted to fund a bunch of agencies that are fraught with abuse, waste and fraud.

 

[Bonasababy]

Senate Democrats say they will reject GOP's funding bill as shutdown draws near

After meeting with his conference, the Senate Minority Leader Chuck Schumer said "Republicans do not have the votes" to advance the House-approved measure.

www.nbcnews.com

Its all a game of chicken. Republicans didn't consult democrats at all on the bill--despite needing democratic votes to pass it (R Rand Paul will vote against it) and there are things in it that are known poison pills.

 

[BigHornRam]

Both parties have played the silly game to delay approving a new budget to the last hour.

It's a continuing resolution. Good through September. Chuck wants a 1 month CR. He didn't think the house would pass the bill, so he sat on his hands. Now it's a problem for him.

 

[BigHornRam]

Its all a game of chicken. Republicans didn't consult democrats at all on the bill--despite needing democratic votes to pass it (R Rand Paul will vote against it) and there are things in it that are known poison pills.

What are the poison pills?

 

[rjthehunter]

Dang, it's almost like Obama had a drop right when he took office too.

Wait a second...

It's amazing to me that you don't consult readily available sources before making statements that are so far off. This is pretty embarrassing for you.

View attachment 363738

@Bonasababy come on, don't ignore your own data. Tell me how I'm so wrong.

 

[schmalts]

Both parties have played the silly game to delay approving a new budget to the last hour.

Budget? There hasn't been a budget in over a decade. This is a spending bill, or should we say "overspending" bill... A budget means you only spend what you actually make or have. This resolution is nothing more than delaying the reality that we are broke, very broke, let's keep that in mind. Maybe the government should actually shut down....until they can get responsible with spending. And not this crap where you shut the government down and then give everyone back pay when it opens up. Do you guys think we should ignore our debt forever and it will just be fine? This country is living a lie.

 

[antelopedundee]

Normally I would agree with you. But a President doesn't typically have a goal of wrecking the entire system. The stock market is not the economy. It is looking 12 months out. Economic data is delayed, and to your point, often you almost don't know you are in a recession until you are coming out of it. The job losses are COMPLETELY on this President. It is in the play book. For every 5 people in government there are 2 in private sector tied to a government contract. Those people are worried too. As we watch the faster indicators, like consumer spending, we see them rolling over. People get worried and stop spending. We are watching an exogenous shock in real time.

Ask Schmaltz if his optics sales are robust. Aside from being tax time I bet he says that they aren't. Also I've noticed things are slow on various buy sell trade boards with nice scopes going unsold or selling for lower prices.

IMO trump is nuttier than squirrel shit.

 

[Rack Daniels]

LOL!

Revisional thinking much?

Always amazing to me how people don't consult readily available sources before making statements that are so far off. This one reflects market performance by president. I always say Presidents have less impact on the market than many think--but the key is do they mess with things that affect the market negatively--eg. tariff wars-- or let it move on its own. I know personally I made a LOT more money under democratic presidents than republican.

View attachment 363703

Nobody cares about your money pal…

We care about your American Christian conservative values.

 

[Addicting]

Really surprised this made it 4 pages without a count down or cheese post!

 

[schmalts]

Ask Schmaltz if his optics sales are robust. Aside from being tax time I bet he says that they aren't. Also I've noticed things are slow on various buy sell trade boards with nice scopes going unsold or selling for lower prices.

IMO trump is nuttier than squirrel shit.

Inflation has killed spending for items not absolutely needed. Since the free covid inflation money dried up sales drop every year to year. Literally more than 100 percent drop in sales, and transactions in 3 years. Sample size of one but everyone else I talk to is saying similar trend in the business. Suppliers have ups and downs but have a wider variety of items to balance it out. Lot's of public traded companies make pleasing numbers by doing cuts in many ways. Of the companies I have friends and family working at Milwaukee tool is about the only employer I know actually growing. Again small sample size. I've said it before that our economy has not been well for a while but it's been covered up many ways. If we go into recession I don't blame one president I blame reality coming to fruition.

 

[406dn]

Dang, it's almost like Obama had a drop right when he took office too.

Wait a second...

It's amazing to me that you don't consult readily available sources before making statements that are so far off. This is pretty embarrassing for you.

View attachment 363738

Obama came into office in the middle of the banking crisis of late 08. You might remember McCain saying something the the effect the economy remains strong. Unemployment was climbing, yada, yada.

This time we are shooting ourselves in the foot, day after day.