The Trump Economy

[Rajoo]

Originally Posted by Dondilion

The reality is nobody can compete against the Chinese. The Chinese once they get a foot in take over whatever local industry that they target.
Trump is only main stream politician who sensed this long time ago.

Trump sensed what? The only thing he ever sensed was where the money is so that he can grab it or steal it. Ascribing him any meaningful thought process is in itself a huge error in judgement.

The China honeymoon began with Nixon and then Regan heavily fertilized it.

[QUOTE]U.S. POLICY INCREASES TRADE WITH CHINA

Total two-way trade with China jumped to $4.9 billion last year from 1979's $2.3 billion, the Presidential report said, while two-way trade with the Russians contracted to $1.9 billion from $4.5 billion./QUOTE]

That is a 100% raise in just one year ('79 to '80).
Good old Reagonomics, who can ever forget that.

https://www.nytimes.com/1981/07/28/b...ith-china.html

[Chicks]

Why gasoline costs 52% more in the US than it did before the Iran war
https://apnews.com/article/gasoline-...853fc36089e81b

The main reason drivers are paying more at the pump is because the war has stranded oil tankers near the Strait of Hormuz, a narrow passage through which a fifth of the world’s crude oil normally passes. The price of crude oil, which is the main ingredient in gasoline, climbed for most of the past two months because Iran has effectively shut the waterway located off its coast.

...and some here think Donny's a genius. Recession, anyone?

[RickeyM]

I've seen Redhatstafarians lie about gas being $6 a gallon under Biden. Under normal circumstances the president doesn't directly control the price of gas but this time the rise of petrol is a direct result of his actions.

[Dondilion]

Trump was the only one who made some effort to restrict the effect of CHINA SHOCK 1, which was enhanced, catalyzed by China entry into the WTO.

As to CHINA SHOCK 2 he belatedly got some help from Biden.

[Chicks]

^^^^ ROFLMAO

Trump’s chaotic war is bankrupting America
https://thehill.com/opinion/national...omic-disaster/

[RickeyM]

tRUMP is a blithering idiot. Ascribing to him anything requiring advanced thought processes is laughable. Nothing in his history indicates he has the brain power. He is merely the frontman for those directing things behind the scenes. He is a useful idiot who's easily convinced that these ideas are his.

[Oerets]

So how many Casinos did he run into the ground?
Casinos!!!

Trump and family along with friends getting rich all the while the country in borrowing $0.33 to add to every $1.00 in revenues...... GOP math at it again. Cut taxes and spend spend.....

[Chicks]

Americans are behaving like they’re in a recession, Whirlpool warns
Whirlpool’s stock sinks as customers dramatically cut back on discretionary appliance purchases
https://www.marketwatch.com/story/am...warns-d900b283

...because Donny's a stable genius!

[Chicks]

Trump tariffs live updates: Trade court strikes down Trump's 10% blanket tariffs
https://finance.yahoo.com/economy/po...223100182.html

SO MUCH WINNING!!!!!!!!!! Ah, but he's prescient, so there's that... LOL

[bobabode]

Originally Posted by Dondilion

Trump was the only one who made some effort to restrict the effect of CHINA SHOCK 1, which was enhanced, catalyzed by China entry into the WTO.

As to CHINA SHOCK 2 he belatedly got some help from Biden.

Wait a minute, I thought it was a GOP stalwart name of Tricky Dick who brought the red Chinese into the league of capitalistic running dogs, no?