The Well-Mannered Politics Thread

[Willbacker]

Yeah, I'm still not getting why you believe these tariffs would benefit the consumer?

Again I was pointing out that people are saying this only affects the consumer. Im not saying that it is a positive thing for the consumer. Spinning my words are you??

Like I said, I was kinda waiting for him to reply before anything else, but this all explained it better than I could have. As you said, it's all optics. The consumer might not be footing the bill in the form of taxes or even knowingly paying for it, but the company is going to raise prices to make up for the hit to their profit because let's be real- no company ever wants to willingly lose money.

What are you paying more for? Also you for higher taxes right.

 

[29BmoreBird22]

Again I was pointing out that people are saying this only affects the consumer. Im not saying that it is a positive thing for the consumer. Spinning my words are you??



What are you paying more for? Also you for higher taxes right.

Nah, your explanation was just poor and vague.

Do you know how a tariff works?

 

[Willbacker]

Nah, your explanation was just poor and vague.

Do you know how a tariff works?

Yes. Got to get up at 4. Will post to your reply sometime tomorrow.

 

[Willbacker]

Adam Schiff at minimum needs to recuse himself. This man has straight up been lying for 3 yrs.

 

[52520Andrew]

Okay this string of tweets is pretty funny
https://twitter.com/trav261/status/1179573757398175745?s=19

 

[allblackraven]

Okay this string of tweets is pretty funny
https://twitter.com/trav261/status/1179573757398175745?s=19

Perhaps real people will at some stage figure them all out for what they really are. Same shit, different packaging.

 

[JO_75]

The US Unemployment rate has fell to a 50 year low dropping 0.2 percent to 3.5%, a number not seen since December 1969. The DOW increased an average of 150 after the news came out. The jobless rate for Hispanics dropped to a new record low(3.9%) and African Americans stayed at it's lowest level of unemployment. Full time jobs increase by 305,000 while part time positions increased by 121,000.

https://www.cnbc.com/2019/10/04/jobs-report---september-2019.html

If Trump was looking for another Win, he got it today. This will certainly be one of his reelection campaign points come next year.

 

[Willbacker]

The US Unemployment rate has fell to a 50 year low dropping 0.2 percent to 3.5%, a number not seen since December 1969. The DOW increased an average of 150 after the news came out. The jobless rate for Hispanics dropped to a new record low(3.9%) and African Americans stayed at it's lowest level of unemployment. Full time jobs increase by 305,000 while part time positions increased by 121,000.

https://www.cnbc.com/2019/10/04/jobs-report---september-2019.html

If Trump was looking for another Win, he got it today. This will certainly be one of his reelection campaign points come next year.

Also a kittle known fact is the rise of the labor participation rate which is significant.. In other words more people looking for jobs.

 

[52520Andrew]

And yet Trump wants the Fed to cut interest rates to 0 or less(after the Fed had already cut them by half a percent).

 

[52520Andrew]

https://twitter.com/realDonaldTrump/status/1181232249821388801?s=19

 

[Inqui]

https://twitter.com/realDonaldTrump/status/1181232249821388801?s=19

I don't think he (in his great and unmatched wisdom) knows what an obliterated and destroyed economy is. Especially if he can obliterate and destroy said economy twice in a four-year term.

 

[Willbacker]

And yet Trump wants the Fed to cut interest rates to 0 or less(after the Fed had already cut them by half a percent).

You do realize how much the fed has raised interests too right. How much did they raise it under Obama?

 

[Willbacker]

https://twitter.com/realDonaldTrump/status/1181232249821388801?s=19

How come they didn't do his whole tweet in bold?

 

[Dom McRaven]

After Trump bad-mouthed Biden and his son, I'm just waiting for the handicap match on PPV. That shit would be lit.

 

[gtalk12]

Lol the sage between Trump and NBA coaches is amusing.

 

[Dom McRaven]

Lol the sage between Trump and NBA coaches is amusing.

The sage between Trump and [insert person here] is amusing. I'll give Trump this: in terms of high-profile celebrities, I don't think there's a bigger troll than he is on Twitter. His troll game is on some next-level shit and I'm here for it LMAO.

 

[Willbacker]

Lol the sage between Trump and NBA coaches is amusing.

The sage between Trump and [insert person here] is amusing. I'll give Trump this: in terms of high-profile celebrities, I don't think there's a bigger troll than he is on Twitter. His troll game is on some next-level shit and I'm here for it LMAO.

Yep Trump is running on high octane efficiency right now. The last 2 rallies have been amazing. As for the NBA if you gotta apologize for your use of free speech then lay your social justice swords down.

Some good news we've made a deal with China after we made a new deal with Japan. Don't know all the specifics yet but I hear its reeeeeaaaaallllll good for our farmers and involves their currency manipulation. Now we gotta start getting the USMCA ratified. Nancy?????

 

[Tank]

The sage between Trump and [insert person here] is amusing. I'll give Trump this: in terms of high-profile celebrities, I don't think there's a bigger troll than he is on Twitter. His troll game is on some next-level shit and I'm here for it LMAO.

He needs to GTFO twitter.

 

[Willbacker]

He needs to GTFO twitter.

So do a lot of people. Twitter tmi.

 

[52520Andrew]

You do realize how much the fed has raised interests too right. How much did they raise it under Obama?

Imagine thinking that interest rates of under 2% are too high in a good economy lol

Here is a historic graph to show you how things compare over time(The fed was harsher on us during the early 90s recession than it is now in a good economy)
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart

Interest rates were cut to essentially 0 at the end of 2008 largely because that is what was needed to prevent a full on crash. Look up what Warren Buffet did during the crisis as well, we were really close to a full on stock market crash. Quantitative Easing as you can see was an unprecedented move at the time.

Then of course we kept things like that for a good while which has created a bubble in the stock market(saving accounts aren't coming close to outpacing inflation for a lot of people and bonds aren't doing a ton so people gotta put their money where it can at least do some good, stocks are just about the only game in town for people investing their money now). I don't agree with that either and @Inqui isn't the biggest fan of it either as he has posted on previous pages.

But everytime the fed would talk about raising the interest rates(and even when they did get around to it recently) the stock market would freak out. That nearly 20% dip in stocks at the end of 2018 was in large part due to them freaking out over rate increases. Fed has been a lot more dovish since (largely because the bond market is signaling a downturn on the horizon) and the stock market has rebounded although it goes back and forth based on the latest China stuff. We are in a weird state right now where good economic news is almost a bad thing for stocks as they want the fed to cut rates again as well.

But yeah, I don't agree with them being that low for so long under Obama. That said Quantitative Easing should be seen as a last resort and certainly not something to do when the economy is in pretty solid shape.