The Economy

[heathrowinneo]

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More errors in that post than a banana ball game.

 

[heathrowinneo]

My mans just out here telling tales

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Lies, damn lies, bessent, ludnick, well the whole damn administration

 

[DeluxAuto]

Trump Cancels Release of Crucial Economic Report to Hide His Failures

Most transparent administration ever!


Donald Trump has now blocked three economic data reports.

 

[Lazaran]

Trump Cancels Release of Crucial Economic Report to Hide His Failures

Most transparent administration ever!


Donald Trump has now blocked three economic data reports.

Can you imagine if President Obama or President Biden had done this???



We. Told. Them. So.

 

[DeluxAuto]

Trump Phone fails within 3 months with zero units shipped.

 

[DeluxAuto]

Lol

 

[briancamdudetenger2018]

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Lol

lol polls

 

[Lazaran]

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Lol

We. Told. Them. So.

 

[dmallord]

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News today is that MAGA Guardian is really a foreign agent disguised as a Trump support effort. Musk has that new thing on his X place that identifies the country of origin now. So...

 

[heathrowinneo]

Trump Phone fails within 3 months with zero units shipped.

Just like the rest of his casinos, water, universities, bibles, shoes, airlines, steaks, vodka, mortgage...

 

[DeluxAuto]

Just like the rest of his casinos, water, universities, bibles, shoes, airlines, steaks, vodka, mortgage...

Marriages, friendships, business partners, contractors, lawyers...

 

[Lazaran]

The markets are rebounding because DonOld has trashed the economy bad enough to warrant ANOTHER rate cut by the Fed.

So fucked…



We. Told. Them. So.

 

[schism666]

shirley everything is fine

 

[briancamdudetenger2018]

Just like the rest of his casinos, water, universities, bibles, shoes, airlines, steaks, vodka, mortgage...

the casinos is where wwf wrestlemania 4 and 5
does trump water taste different
what courses are at the trump universities how to suduce people to the dark side how to be a sith and a darth the history of the galactic trumpire
whats in the trump bibles stories of the trumpire
isnt trump shoes made out of gold
air force one is kinda like the trump airline
since when did he have his own steaks and vodkas

 

[briancamdudetenger2018]

Marriages, friendships, business partners, contractors, lawyers...

well he is still with marlina lol
oh ya all of his friends from pre 2016 era are currently no longer his friends because he became a republican and president of usa
well he still has business partners and contractors and lawylers but most of them have been suduced to the dark side and converted to trumpers

 

[heathrowinneo]

The markets are rebounding because DonOld has trashed the economy bad enough to warrant ANOTHER rate cut by the Fed.

So fucked…



We. Told. Them. So.

Somewhere, sometime there will he a rebalancing of the books and the bs that this administration is pushing will come out and hurt Americans even more. It started with Mexico will pay for the wall to tariffs and taxes. Bottom line is that average Americans are paying for the bs.

 

[MajorRewrite]

Gary Stevenson is a commentator in the UK who is becoming popular. His main message is “Tax wealth, not work”. He argues for reducing taxes on the working class and implementing some wealth taxes (he suggests a 2% tax on wealth over £10 million).

He says that wealth inequality is driving the persistent economic problems we face, and government initiatives to prop up the economy have flowed to the wealthy and deprived everyone else. The huge flow of money to the wealthy drove up stock markets and real estate prices because the wealthy use their wealth to acquire those assets.

Stevenson is a graduate of the prestigious London School of Economics and made his fortune as a trader with Citibank in London.

 

[MajorRewrite]

Canada’s economic growth surpasses expectations:

Canada's economy expanded by 2.6% on an annualized basis in the third quarter, exceeding analysts' expectations, as exports outpaced imports.

 

[LLCox]

gold and silver are ripping higher since last night, the powers that be have stopped trading twice starting last night. i love making money on black Friday from my couch.

 

[MajorRewrite]

Today Trump pretended that TrumpTariff revenue might replace income taxes completely.

"Over the next couple ‍of years, I think we'll substantially be cutting and maybe cutting out completely,‌ but we'll be cutting income tax. Could be almost completely cutting it because the money we'⁠re taking in is going to be so large," Trump told US ⁠military service members on a video call.

Of course this is complete bullshit. Tariff revenue is small compared to income tax revenue. And we’re running big federal budget deficits so pretending tariff revenue is game changing is just moronic.

Crooked Donnie is trying to buy midterm election votes for Republicans by lying to Americans.

Donnie has now proposed using tariff revenue for:

• Bribing farmers with a bailout
• Bribing voters with “rebate checks”
• Cutting or eliminating income taxes

How many times is he going to spend the same money?

 

[RobDownSouth]

How many times is he going to spend the same money?

Assuming the above is not a rhetorical question, the answer is "as many times as necessary to draw attention away from the Epstein files".

 

[MajorRewrite]

This video is a couple years old, but it’s an interesting sort of unified theory of wealth inequality, devaluation of money, and asset price growth (homes, stocks, etc).

 

[heathrowinneo]

This video is a couple years old, but it’s an interesting sort of unified theory of wealth inequality, devaluation of money, and asset price growth (homes, stocks, etc).

A very good commentary and prophetic about wealth aggregation and inequality. The comments on the institutions that are trying to help consumers needs amplification to keep them independent. From wages and prices to asset growth, a good 22 minute summary. Prophetic as well when looking f/x, current wage arguments, wealth accumulation, etc.

The conversation has been ongoing for quite some time. Pikety did a lengthy discussion in Capital.

If you're suffering from insomnia, here is a lengthy read with a summary link.

https://en.wikipedia.org/wiki/Capital_in_the_Twenty-First_Century

https://aier.org/article/understanding-thomas-pikettys-capital-in-the-21st-century/

 

[icanhelp1]

This is a critical part of the Trump economic agenda;

“Thanks to President Trump’s leadership, small business investment and confidence is soaring – and Main Streets across the country are making an unprecedented comeback,” said SBA Administrator Kelly Loeffler. “With record loan volume, both borrowers and lenders are sending a clear signal that America First means America is growing again. Our revitalized SBA is meeting the mission, and new highs in small business optimism are a direct result of this Administration’s historic tax relief, fair-trade policies, and massive deregulation. The data is clear: the Trump agenda is powering the confidence – and the capital - to start hiring, investing, and growing again.”

 

[ll74]

This is a critical part of the Trump economic agenda;

“Thanks to President Trump’s leadership, small business investment and confidence is soaring – and Main Streets across the country are making an unprecedented comeback,” said SBA Administrator Kelly Loeffler. “With record loan volume, both borrowers and lenders are sending a clear signal that America First means America is growing again. Our revitalized SBA is meeting the mission, and new highs in small business optimism are a direct result of this Administration’s historic tax relief, fair-trade policies, and massive deregulation. The data is clear: the Trump agenda is powering the confidence – and the capital - to start hiring, investing, and growing again.”

An administration official thanked dear leader?

Say it ain't so!