The Trump Economy

[bobabode]

Originally Posted by Dondilion

Trump is doing what he promised. And he is moving fast with the 2 years time clock in mind.

Soon to be tied up in the courts for the duration. Think I'll throw a few bucks at the ACLU.

[bobabode]

Originally Posted by bobabode

Soon to be tied up in the courts for the duration. Think I'll throw a few bucks at the ACLU.

Like I said - https://www.msn.com/en-us/news/polit...18dd0fb&ei=110

[Rajoo]

Originally Posted by finnbow

Trump boasted he got Mexico to commit to stationing 10K troops at our border. Apparently he didn't realize Mexico already has 15K troops deployed there. As I predicted yesterday, this would follow a well-worn pathway. Trump creates a crisis, (falsely) claims victory and reverts to the status quo. And MAGAMorons will eat it up.

https://www.reuters.com/article/worl...idUSKCN1TP2YD/

And now he has called for a one month suspension of Canada too and like with Sheinbaun, all it took was just one phone call? This must be the "Art of the Deal II" yet to be written. And here is a comment from the Turtle.

“Why would you want to get into a fight with your allies over this?” McConnell asked of Trump. Trump’s tariff imposition seems to go against all “common sense” that the president claims to have – as imposing sanctions on the United States’ next door neighbors can only strain the nations’ formerly friendly relationship.

While Trump has been claiming all along to his brainwashed cult this:

Trump has claimed that the tariffs will do good for the American economy, and has been saying so since before he was even president. Trump has even managed to convince his base that the tariffs will work in their favor, telling Americans during his Inaugural address that “instead of taxing our citizens to enrich other countries” his administration will “tariff and tax foreign countries to enrich our citizens.” History disagrees with Trump’s supposition, as companies importing goods tend to pass off the extra tariff cost to consumers.

Trump is correct, the tariffs will enrich some citizens (aka robber barons) and certain corporations as long as Musk approves.

https://www.msn.com/en-us/news/polit...d34b8fa9&ei=24

[4r54r5]

Originally Posted by bobabode

Like I said - https://www.msn.com/en-us/news/polit...18dd0fb&ei=110

Did the story get pulled? MSM says "This story is unavailable".

[bobabode]

Originally Posted by 4r54r5

Did the story get pulled? MSM says "This story is unavailable".

That's unusual.

Here's another source -

A federal judge in Washington on Monday extended a temporary ban against President Donald Trump’s sweeping pause on trillions of dollars in federal spending while she weighs a lawsuit challenging its legality. U.S. District Judge Loren L. AliKhan, who issued the ruling, cited the otherwise “catastrophic” impact on millions of Americans who receive vital resources from the government including food and medical assistance, disaster relief and grants for preschools and small businesses.

AliKhan said the Trump administration “offered no rational explanation” for freezing all federal aid virtually overnight. “Rather than taking a measured approach to identify purportedly wasteful spending, Defendants cut the fuel supply to a vast, complicated, nationwide machine — seemingly without any consideration for the consequences of that decision,” she said. WaPo

https://www.washingtonpost.com/dc-md...reeze-lawsuit/

[finnbow]

Originally Posted by Rajoo

And now he has called for a one month suspension of Canada too and like with Sheinbaun, all it took was just one phone call? This must be the "Art of the Deal II" yet to be written. And here is a comment from the Turtle.

While Trump has been claiming all along to his brainwashed cult this:

Trump is correct, the tariffs will enrich some citizens (aka robber barons) and certain corporations as long as Musk approves.

https://www.msn.com/en-us/news/polit...d34b8fa9&ei=24

[RickeyM]

Originally Posted by finnbow

roflmbo

[RickeyM]

Originally Posted by bobabode

That's unusual.

Here's another source -

A federal judge in Washington on Monday extended a temporary ban against President Donald Trump’s sweeping pause on trillions of dollars in federal spending while she weighs a lawsuit challenging its legality. U.S. District Judge Loren L. AliKhan, who issued the ruling, cited the otherwise “catastrophic” impact on millions of Americans who receive vital resources from the government including food and medical assistance, disaster relief and grants for preschools and small businesses.

AliKhan said the Trump administration “offered no rational explanation” for freezing all federal aid virtually overnight. “Rather than taking a measured approach to identify purportedly wasteful spending, Defendants cut the fuel supply to a vast, complicated, nationwide machine — seemingly without any consideration for the consequences of that decision,” she said. WaPo

https://www.washingtonpost.com/dc-md...reeze-lawsuit/

How much of "Here stupid, er Donald sign this" is really going on?

[Rajoo]

What if the Felon's administration believes they are above the law? That Project 2025 is their political Bible and that whatever is written there is above and beyond judicial actions? Cases will have to go all the way up to the Scotus and they can be very unpredictable, stall without saying no.

Case in point, the Scotus upheld the ban of TikTok in the US because of national security reasons (and not business), yet Trump has the power to unilaterally postpone the enforcement? So why would any lower court ruling be expected to be respected? Yes, he cannot remove U.S. District Judge Loren L. AliKhan, but can he or the Justice Department run interference?

I strongly believe that it will be up to the states to play hardball with Trump, not Congress or the Judicial system.

[Rajoo]

https://www.economist.com/cdn-cgi/im...208_FNP501.jpg

This is a stock photo but the caption could very well be Xi saying to Trump, "Bring It On You Dumbshit Idiot".

China is going after Google though they are banned in China, the Oligarchs will tell Trump to lay off and he will cave again.

Here is a full summary of China's actions and the export controls (reverse tariffs) that they have levied which will harm the US economy. Any harm to the US economy which had been recovering very well under Biden will now stall, inflation will raise while interest rates remain high.

https://apnews.com/article/china-tar...e47c82bde544c2