The Trump Economy

[Chicks]

Consumers are feeling the pressure of a stagnant labor market
https://finance.yahoo.com/news/consu...100011096.html

Thanks, Donny!

[Rajoo]

Here is the monthly employment figures for the past year.

https://static01.nyt.com/images/2025...isable=upscale

[Rajoo]

Elon Musk and Warren Buffet on the same page?

Elon Musk Backs Warren Buffett's Brutal '5-Minute Deficit Fix' To Ban Congress From Reelection If They Blow the Budget: '100% This Is the Way'

More than a decade ago, Warren Buffett said the national deficit could be solved in just five minutes. His plan? "You just pass a law that says that any time there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for reelection."

On June 4, Utah Sen. Mike Lee (R-UT) posted the clip on X and asked, "Would you support this amendment?" Elon Musk didn't hesitate. He reposted it with the words "100%" and "This is the way," signaling full endorsement of Buffett's blunt solution.

Hope this develops some headwind soon.

https://finance.yahoo.com/news/elon-...230021114.html

[Chicks]

Originally Posted by Rajoo

Elon Musk and Warren Buffet on the same page?

Elon Musk Backs Warren Buffett's Brutal '5-Minute Deficit Fix' To Ban Congress From Reelection If They Blow the Budget: '100% This Is the Way'





Hope this develops some headwind soon.

https://finance.yahoo.com/news/elon-...230021114.html

It would need to be a constitutional amendment, because this SCOTUS would declare it to be unconstitutional.

[Chicks]

Why some see the dollar's drop as a sign America is losing its financial might
https://www.npr.org/2025/07/07/nx-s1...-debt-currency

Making America Broke Again. Thanks, Donny.

[Chicks]

Inflation accelerates in June as investors eye tariff-related price increases
https://finance.yahoo.com/news/infla...123643223.html

Hey, MAGAMorons, when will you finally realize he lied to you?

[Chicks]

Americans No Longer Trust Trump To Handle Inflation
The president has spent six months promising to make everything more expensive, and polls show that Americans have noticed.
https://reason.com/2025/07/17/voters...ver-inflation/

Only damn fools trusted him in the first place...

[Chicks]

Beef prices are the new egg prices. They’re soaring
https://finance.yahoo.com/news/beef-...110041389.html

MAGA!!!!!!!

[Rajoo]

The Tariff deadline is tomorrow, Mexico got a 3 month postponement, Canada got the shaft while Japan, EU and S. Korea to name well heeled countries gave Trump assurances of 'investment' in the US with the word investment being fuzzy depending on who one is talking to.

Japan actually considers the $550 Billion as a loan rather than an investment.
S. Korea OTOH is questioning why they would leave 90% of the profits in the US if its their money.
EU has not commented but assume their pledge is also just as vague.

47 OTOH is on the last leg of his victory lap while wanting to give tax rebates to the needy from our newfound tariff wealth.

This is nothing other than extortion by DJT on countries in the EU which he hates the most, Japan, Korea and Taiwan who export copious amounts of their products to the US. Canada is in a worse situation since they are unwilling to become the 51st state, so a 35% on Fentanyl excuse will do for now, not that very much if any fentanyl trickles down from our neighbors to the north.

Mr. Kim pointedly questioned how the United States could keep 90 percent of the profits when the money came from South Korea, calling the idea “hard to understand in a civilized country.”

Japanese officials have been scrambling to define and explain their positions. Mr. Akazawa, Japan’s top trade negotiator, told the country’s public broadcaster over the weekend that he anticipated only 1 or 2 percent of the $550 billion fund would be deployed as direct investment, with loans constituting the bulk of the remainder.

https://www.nytimes.com/2025/07/31/b...sultPosition=1

[Rajoo]

^^He just postponed this D-day by a week, so a terrific opportunity for a TACO moment next Friday.