Liberation Day

[Presj22]

Originally Posted by Flair4Drama

is it not true that you and your fellow MAGA lovers have gunned down (made threads closed) that I’ve started by going Offtopic or by being insulting to others?


Just saying, that’s behavior you guys do. Whenever you do that, you guys must feel like saying to yourselves, “that’ll show them, being mean to Donald”

[Bigdaddy14606]

As a business owner I purchase over $800,000 in building products per year. Everyone is asking if prices will go up, my answer is yes. Further in the discussion I explained I don’t believe it will be tariffs. In 2021 fuel prices were over $4 a gal. Diesel was over $6. They added a $10 fuel charge on most deliveries, then it went to $25. Fuel is cheaper than in 4 years. Charge is still there. Labor has been the big driver in costs. Wages have grew in some fields over 50%,add n lower work productivity and you’re probably closer to 70%. China is already talking about devalueing their currency most Asian countries will follow suit. Europe not so much but that tariffs on European imports will be lower because our trade deficit is lower.
I voted for him well in ny I voted for Harris but they another story. He won both popular and electoral votes, I do not like the way he is going about everything. Real change could have been made behind the scenes doing the same thing we less theatrics. He is in this for power and his belief of what America should look like. Believe me when I tell you it’s not for you that he is doing this. I have no regrets in my election choice, I will say however I strongly disagree with his stance on many things. It comes down to picking which candidate do we hate less. Pretty sad way to pick politicians. I respect everyone’s choice so if anyone is offended by my statement I apologize and if you do please counter with your beliefs. That is the only way we learn, by discussing our disagreements. America is strong. We can handle 4 years of this and the next election cycle allows s another chance

[Presj22]

Originally Posted by Bigdaddy14606

As a business owner I purchase over $800,000 in building products per year. Everyone is asking if prices will go up, my answer is yes. Further in the discussion I explained I don’t believe it will be tariffs. In 2021 fuel prices were over $4 a gal. Diesel was over $6. They added a $10 fuel charge on most deliveries, then it went to $25. Fuel is cheaper than in 4 years. Charge is still there. Labor has been the big driver in costs. Wages have grew in some fields over 50%,add n lower work productivity and you’re probably closer to 70%. China is already talking about devalueing their currency most Asian countries will follow suit. Europe not so much but that tariffs on European imports will be lower because our trade deficit is lower.
I voted for him well in ny I voted for Harris but they another story. He won both popular and electoral votes, I do not like the way he is going about everything. Real change could have been made behind the scenes doing the same thing we less theatrics. He is in this for power and his belief of what America should look like. Believe me when I tell you it’s not for you that he is doing this. I have no regrets in my election choice, I will say however I strongly disagree with his stance on many things. It comes down to picking which candidate do we hate less. Pretty sad way to pick politicians. I respect everyone’s choice so if anyone is offended by my statement I apologize and if you do please counter with your beliefs. That is the only way we learn, by discussing our disagreements. America is strong. We can handle 4 years of this and the next election cycle allows s another chance

I agree, it really is a matter of lesser of two evils. I didn’t want Harris/Biden but I especially didn’t want Trump. Bernie likely would’ve been better (for the last three elections). Any MAGA can say these tariffs are just tactics, but is that what you really believe. You can’t trust this guy. He’s a failed businessman - several times over. Not to mention, he got a “small loan of a million dollars” from daddy way back when. C’mon! He doesn’t know when enough is enough. A person like that you cannot trust with YOUR money. And these tariffs are affecting YOUR money. YOUR life. YOUR livelihood.

But alas, at least we’re not getting screwed over by other countries.
Ha! When were we ever? Provide details.

[Flair4Drama]

Originally Posted by Bigdaddy14606

We can handle 4 years of this and the next election cycle allows s another chance

Fuck... we handled 4 years of (interns? Jill? Ron Klain? Hunter?) running the country.

Sorry to those who don't like seeing the sausage made.... but we went 4 years without making any sausage at all, and we are paying for it now.

Edit Add: Weekend at Bernie's is now officially over.... (which means someone/multiple unelected people were running the Country) yet we now have a President that’s putting the American people 1st, and you have issues with that.....

[Bigdaddy14606]

Originally Posted by Presj22

I agree, it really is a matter of lesser of two evils. I didn’t want Harris/Biden but I especially didn’t want Trump. Bernie likely would’ve been better (for the last three elections). Any MAGA can say these tariffs are just tactics, but is that what you really believe. You can’t trust this guy. He’s a failed businessman - several times over. Not to mention, he got a “small loan of a million dollars” from daddy way back when. C’mon! He doesn’t know when enough is enough. A person like that you cannot trust with YOUR money. And these tariffs are affecting YOUR money. YOUR life. YOUR livelihood.

But alas, at least we’re not getting screwed over by other countries.
Ha! When were we ever? Provide details.

As a business man I must admit he is not really a failure. It takes resources and the ability to manage those resources to be able to take money out of a business. That’s called realized profit. He has several businesses fail but not his overall portfolio. Just imagine how much it costs to operate his aircraft, and property under his control. We can say what we want about his ability but facts speak loudly. The majority of people could not manage his personal life let alone generate what it takes to pay for it. Give you an example. 1,000,000 seconds is 12 days if you spent 1 dollar a second it would take 12 days to spend. 1 ,000,000,000 dollars at 1 dollar per second would take 32 years. If he only got a million dollar loan that is an incredible feat. My guess is he borrowed more than 100 million and multipled it 320 times. Either way this guy is incredibly intelligent and extremely ambitious. A very dangerous person to have this much power. Let’s hope the republicans try to real him in soon

[FBSMLUVR]

Bigdaddy,

Two very well written posts, and I would like to personally thank you for taking the time to post them. It’s rare on here to hear from an actual business owner/manager that understands what full P&L responsibility is all about and lives it daily.

Your honesty & detail is much appreciated.

[elghund]

Trump blinked……and un-Liberated Liberation day!

https://www.nbcnews.com/business/eco...now-rcna200463

[FBSMLUVR]

^^^^

Right on time and ready to pounce as usual I see. Damned if he does, damned if he doesn’t huh elg?

Trump created leverage and this has absolutely nothing to do with him blinking as you say. I’ve been saying all along that he’s using these tariffs as a negotiating tool. Something you have refused to come to grips with.

Three things:

- 75+ countries (who didn’t retaliate) have called and are wanting to come to the table to negotiate. Which was the original intent. Now they are being given a reprieve for 90 days for being good little boys & girls.

- China has now been isolated and will be forced to negotiate due to my first bullet point. Not to mention, their economy isn’t in the best position to enter into a trade war with us at the moment. There’s also grumblings within the Chinese regime that Xi may not have the power he did just a short time ago (I believe I read one of his highest level generals has suddenly gone missing).

- Bond markets overnight (both the 10 yr & 30 yr I believe it was) were showing too much volatility.

Hope you didn’t pull a Chicken Little after screaming the sky is falling, the sky is falling this past week and cashed out. If you did…I’m sorry, but you should have been buying as I mentioned earlier last week.

How’s your 401K/portfolio? Mine is absolutely wonderful

[elghund]

FB…I’m not a Panican…..



Just a fact……he overplayed his hand and now had to stand down. If his hand was strong , he’d be standing firm.

He made a bad play.

[FBSMLUVR]

Dunno about anyone else, but I’d hardly call it overplaying his hand when there’s 75+ countries knocking his door down wanting to make a deal.



But, glad to hear you’re not a Panican elg

[Presj22]

Quick question, now I know it’s a strange, odd, unusual, old fashioned word, but wasn’t the price of groceries something that Trump ran on this election? Does he know what they actually are? Because he was saying something about bringing the price of them down…but it looks as though they are going up up up.

I could be wrong. I don’t know. Thanks!

[Flair4Drama]

Originally Posted by elghund

FB…I’m not a Panican…..



Just a fact……he overplayed his hand and now had to stand down. If his hand was strong , he’d be standing firm.

He made a bad play.

Incorrect.
But that's hardly news.
I'm gonna go out on a limb here and say you don't win (m)any games of chicken

[Flair4Drama]

Originally Posted by FBSMLUVR

Dunno about anyone else, but I’d hardly call it overplaying his hand when there’s 75+ countries knocking his door down wanting to make a deal.



But, glad to hear you’re not a Panican elg

FB
He goaded China and he's got the rest of the world kissing his ass....

[brasil]

FB has been very consistent in seeing the tariffs as a negotiating tactic. He may be right. But Trump has been much less consistent than FB. In addition to the "their ripping us off," claim, Trump also proclaims two other motives for the tariffs.

1. Brining manufacturing back to the U.S. by making goods made in other counties too expensive.
2. Filling the coffers of the federal government with revenues from the tariffs. That would enable the government to either a) extend the tax cuts or b) cut the deficit.

The problem with these 3 explanations is that they are contradictory. (I know that 2 or more things can sometimes be true at the same time, but not these 3 things.)

If the tariffs prove to be effective as a negotiating tactic, a deal will mean that tariffs will come down. In that case, revenue will not be generated for the coffers, nor will there be an incentive for companies to relocate to the U.S.

It is not clear which of the 3 motives are primary for Trump. He is also in a bind because there is no way he can deliver on the 3 reasons he has cited as the motives for the tariffs, since they are ultimately mutually exclusive. Achieving a deal on tariffs will work against gaining revenue for tax cuts, as well as brining back manufacturing.

[Bigdaddy14606]

Originally Posted by brasil

FB has been very consistent in seeing the tariffs as a negotiating tactic. He may be right. But Trump has been much less consistent than FB. In addition to the "their ripping us off," claim, Trump also proclaims two other motives for the tariffs.

1. Brining manufacturing back to the U.S. by making goods made in other counties too expensive.
2. Filling the coffers of the federal government with revenues from the tariffs. That would enable the government to either a) extend the tax cuts or b) cut the deficit.

The problem with these 3 explanations is that they are contradictory. (I know that 2 or more things can sometimes be true at the same time, but not these 3 things.)

If the tariffs prove to be effective as a negotiating tactic, a deal will mean that tariffs will come down. In that case, revenue will not be generated for the coffers, nor will there be an incentive for companies to relocate to the U.S.

It is not clear which of the 3 motives are primary for Trump. He is also in a bind because there is no way he can deliver on the 3 reasons he has cited as the motives for the tariffs, since they are ultimately mutually exclusive. Achieving a deal on tariffs will work against gaining revenue for tax cuts, as well as brining back manufacturing.

In the 90’s the free trade agreements made with other countries raised the standard of living for a huge portion of Americans. Goods became much cheaper to buy so the average American could afford more. Please don’t get side tracked by the obvious. More lost jobs etc. I’m talking cost of goods. So now his plan of raising tariffs may bring manufacturing jobs and make American goods more competitive on the global market BUT they will not be cheaper. We import goods because they are cheaper than making them here. Make them here or charge more to bring them in the bottom line Americans will pay more. A lot more. Period. There is merit in job creation and the such but it will lower the standard of living and yes maybe we have too much cheap junk but it’s still makes Americans happy to buy it