The Trump Presidency : Part 2

Suedesi said:
Trump is speed running the demolition of the US economy.

I remember in school reading about the oil intensity of the GDP - it's basically how much oil an economy uses to produce a dollar of GDP. Lower oil intensity means you produce more output with less oil, higher means the economy is more exposed to oil prices.

The US produces around 13–14 million barrels per day of crude, but consumes roughly 20.5 million barrels per day of liquid fuels. So America is structurally exposed to oil prices. The economy is built around cars, trucks, long commutes, freight, aviation, and sprawling suburbs. NYC being the obvious exception.

And when crude rises, it goes straight into gasoline, diesel, freight, food, household costs, and inflation.
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As much as he has a lot of the media behind him now (and a third of the population brainwashed by decades of Fox News), the one thing he cannot hide is the rising prices. Inflation was what turned the mood sour on Biden despite him doing a relative good and stable job on most things. It's going to be undoing of Trump and the republicans too. The average voter doesn't care too much about what goes on in the Strait of Hormuz, Greenland or the Donbas. But filling up their F-150 costing them 20 bucks more a pop does
 
RoyH1 said:
As much as he has a lot of the media behind him now (and a third of the population brainwashed by decades of Fox News), the one thing he cannot hide is the rising prices. Inflation was what turned the mood sour on Biden despite him doing a relative good and stable job on most things. It's going to be undoing of Trump and the republicans too. The average voter doesn't care too much about what goes on in the Strait of Hormuz, Greenland or the Donbas. But filling up their F-150 costing them 20 bucks more a pop does
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Yep, they really can't run from it. Only the most die-hard Trump supporters will believe that it's still Biden's fault a year and a half into the presidency and after all the tariff and Iran nonsense that is irrefutably linked to this administration. And then you have Trump out there mocking the idea of affordability as an issue.

Really hope the Democrats find their balls and push that message hard: "Stupid tariffs and the illegal war with Iran is the reason things are expensive". It really should be that simple.
 
Mike Smalling said:
Yep, they really can't run from it. Only the most die-hard Trump supporters will believe that it's still Biden's fault a year and a half into the presidency and after all the tariff and Iran nonsense that is irrefutably linked to this administration. And then you have Trump out there mocking the idea of affordability as an issue.

Really hope the Democrats find their balls and push that message hard: "Stupid tariffs and the illegal war with Iran is the reason things are expensive". It really should be that simple.
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It's actually when the market turns that will spell the doom for him. I've read that 20-15% of US tax receipts are stock market driven, so it's a huge number. When the market turns (and it will), that more than crude prices, inflation or the disaster in Iran will turn the tide.
 
Suedesi said:
It's actually when the market turns that will spell the doom for him. I've read that 20-15% of US tax receipts are stock market driven, so it's a huge number. When the market turns (and it will), that more than crude prices, inflation or the disaster in Iran will turn the tide.
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It's all connected, of course. The pain at the pump can be felt right now. The pain of looking at a diminishing 401(k) might not be felt before the midterms. And a relatively small share of Americans hold stocks directly.

The administration certainly won't care about it as an issue of tax receipts. Republican administrations have been comfortable running huge deficits for decades. They will just print more money.
 
Mike Smalling said:
It's all connected, of course. The pain at the pump can be felt right now. The pain of looking at a diminishing 401(k) might not be felt before the midterms. And a relatively small share of Americans hold stocks directly.

The administration certainly won't care about it as an issue of tax receipts. Republican administrations have been comfortable running huge deficits for decades. They will just print more money.
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Of course Trump personally doesn’t care about tax receipts. The point is that the market is the thing that punctures the illusion of prosperity fastest.

Gas prices hurt immediately, but a stock market break hits multiple channels at once: 401(k)s, consumer confidence, biz investment, cap gains taxes, state budgets, and the obviously fake narrative that the “Trump economy is booming.”

And “only a small share of Americans hold stocks directly” is obviously not true. Roughly 60% of Americans have market exposure once you include retirement accounts, mutual funds, ETFs, and pensions. A market drawdown is not a Wall Street problem as it hits the middle-class psyche hard, and that moves independents and voters
 
Ern..... Are you fecking kidding me? Yet again using the official White House account to troll and offend. It's absolutely disgusting, but it stopped being surprising a long time ago.

 
langster said:
Ern..... Are you fecking kidding me? Yet again using the official White House account to troll and offend. It's absolutely disgusting, but it stopped being surprising a long time ago.

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This is the shite you get when your
Party has no policies.
 
The whole voting for Trump over Harris when the woman warned America exactly what was going to happen....
 
Suedesi said:
It's actually when the market turns that will spell the doom for him. I've read that 20-15% of US tax receipts are stock market driven, so it's a huge number. When the market turns (and it will), that more than crude prices, inflation or the disaster in Iran will turn the tide.
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But isn't part of the problem that the stock market in the US has become somewhat decoupled from the realities on the ground? One utterance by Trump sends stock soaring regardless of what sales/production might indicate.
 
afrocentricity said:
The whole voting for Trump over Harris when the woman warned America exactly what was going to happen....
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And people who did not vote for Kamala Harris because her beliefs did not fully align with their own, and who therefore did not do as much as they could to help prevent the rise of fascism in the United States.
Voting for the lesser of two evils is sometimes necessary, something they fortunately did understand in Hungary during the recent elections.
 
RoyH1 said:
But isn't part of the problem that the stock market in the US has become somewhat decoupled from the realities on the ground? One utterance by Trump sends stock soaring regardless of what sales/production might indicate.
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Soaring or crashing. The US stock market has lost it's leading role under Trump, other markets are soaring much more now.
 
Oil price going down sharply again. But nothing has really happened, no? Insider trading again.
 
Oonly two days before he was guarding the perimeter for Trump's visit to his Doral golf course. Btw, that tournament had the lowest
 
NotChatGPT said:
Claims from US sources that a deal with Iran might be close
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Not really holding my breath but hopefully this is it. I have been following this war and its affecting me in a negative way and yet i cant stop reading.
 
RoyH1 said:
But isn't part of the problem that the stock market in the US has become somewhat decoupled from the realities on the ground? One utterance by Trump sends stock soaring regardless of what sales/production might indicate.
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The stock market has been decoupled from reality for decades, long before any utterance from Trump had any relevance or effect
 
Red in STL said:
The stock market has been decoupled from reality for decades, long before any utterance from Trump had any relevance or effect
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And this is why it is comparatively easy for it to
crash, which is why it is a bad idea to move too much of your assets into it.

Eventually the market will catch up with reality.
 
Eendracht maakt macht said:
And people who did not vote for Kamala Harris because her beliefs did not fully align with their own, and who therefore did not do as much as they could to help prevent the rise of fascism in the United States.
Voting for the lesser of two evils is sometimes necessary, something they fortunately did understand in Hungary during the recent elections.
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The trivialisation of genocide...
 
Eendracht maakt macht said:
I said lesser of the two evils. Now we have another war and the dismantling of US democracy.
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I understand, but a disagreement about committing genocide is not the same as disagreeing on immigration or healthcare policies. Telling someone "look, vote for a genocide supporter because the other guy is more evil" is a big ask and not the obvious "ok, sure" that so many seem not only willing to accept, but also use as a "gotcha" to dunk on people who couldn't say yes to it.
 
maniak said:
I understand, but a disagreement about committing genocide is not the same as disagreeing on immigration or healthcare policies. Telling someone "look, vote for a genocide supporter because the other guy is more evil" is a big ask and not the obvious "ok, sure" that so many seem not only willing to accept, but also use as a "gotcha" to dunk on people who couldn't say yes to it.
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This just doesn't work anymore, years ago it was misguided maybe, naive definitely, but now?
 
maniak said:
I understand, but a disagreement about committing genocide is not the same as disagreeing on immigration or healthcare policies. Telling someone "look, vote for a genocide supporter because the other guy is more evil" is a big ask and not the obvious "ok, sure" that so many seem not only willing to accept, but also use as a "gotcha" to dunk on people who couldn't say yes to it.
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If a society reaches the point that it has to decide between someone supporting genocide and someone worse it has turned on a extremely wrong way long before.

If the US citizens aren't able to stop their governments from waging war they need to have a long hard look at their political system and change it radically. If they can't vote to stop this, stop calling the USA a democracy.
 
afrocentricity said:
This just doesn't work anymore, years ago it was misguided maybe, naive definitely, but now?
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Yes, even now. "Support genocide because the other guy is worse" will never get you 100% "OK, sure".

All the energy spent dunking on those who didn't vote for harris would be much more useful spent in asking why the so called autopsy the democrats have is not made public. And I guess we all know why, because it will show the activists and those who warned about gaza were absolutely right it would cost them the election.

And those who spent the months prior to election calling them idiots and naive and whatnot should have instead supported these activists in forcing the democrats change course before the election. Plenty of blame to go around.
 
maniak said:
Yes, even now. "Support genocide because the other guy is worse" will never get you 100% "OK, sure".

All the energy spent dunking on those who didn't vote for harris would be much more useful spent in asking why the so called autopsy the democrats have is not made public. And I guess we all know why, because it will show the activists and those who warned about gaza were absolutely right it would cost them the election.

And those who spent the months prior to election calling them idiots and naive and whatnot should have instead supported these activists in forcing the democrats change course before the election. Plenty of blame to go around.
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This is what I thought might be the reason, and it still might be, but listening to the latest PSA pod they discussed what they are hearing, which is essentially that Martin got his buddy to do it for free and it was either so shitty he doesn't want to release it, or it possibly was never even completed. I posted an interview they did with Martin in another thread. The first 10 min or so (and later on as well) are spent discussing this topic. I think John did a good job of pressing him hard on this.

 
maniak said:
Yes, even now. "Support genocide because the other guy is worse" will never get you 100% "OK, sure".

All the energy spent dunking on those who didn't vote for harris would be much more useful spent in asking why the so called autopsy the democrats have is not made public. And I guess we all know why, because it will show the activists and those who warned about gaza were absolutely right it would cost them the election.

And those who spent the months prior to election calling them idiots and naive and whatnot should have instead supported these activists in forcing the democrats change course before the election. Plenty of blame to go around.
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All the energy that now has to be spent on keeping democracy alive could also have been spent on criticizing a democratic president whose aim, at least, is not to rule the United States as a dictator.
It is much easier to criticize those in power from within a — albeit already heavily declining — democracy than in whatever the Republicans are turning it into now.

What I mean is: if your goal is to stop the genocide in Palestine, when are your chances greater? Under a political climate like the one currently being shaped by Donald Trump, or under a political climate in which Kamala Harris is president?
I don’t think you can honestly argue that the chances are greater under Trump. In my view, you are therefore reducing the likelihood that anything will be done about the genocide in Israel.

In fact, Trump is now literally fighting another war with/for Israel.
 
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I guarantee not one single person has ever needed to ask Trump what 'Sea' means.

But does this mean he's just had it explained to him?

 

Mississippi GOP Will Hold Redistricting Vote at Infamous Jim Crow Site​

Mississippi Republicans have picked the perfect place to vote on stripping Black political power in their state.​

https://newrepublic.com/post/210011/mississippi-republicans-redistricting-vote-jim-crow-capitol

Mississippi Republicans plan to hold a vote to redraw the state’s congressional map in a building central to the legacy of segregation.

The special legislative session is scheduled to take place on May 20 in what is now known as the Old Capitol Museum in Jackson, ostensibly due to renovations in the House chamber in the newer Capitol building. But the Old Capitol was the site of Mississippi’s vote to secede from the union over slavery in 1861, as well as the location where lawmakers met to establish the state’s 1890 constitution enshrining Jim Crow segregation against its Black population.
 
Frosty said:

Mississippi GOP Will Hold Redistricting Vote at Infamous Jim Crow Site​

Mississippi Republicans have picked the perfect place to vote on stripping Black political power in their state.​

https://newrepublic.com/post/210011/mississippi-republicans-redistricting-vote-jim-crow-capitol

Mississippi Republicans plan to hold a vote to redraw the state’s congressional map in a building central to the legacy of segregation.

The special legislative session is scheduled to take place on May 20 in what is now known as the Old Capitol Museum in Jackson, ostensibly due to renovations in the House chamber in the newer Capitol building. But the Old Capitol was the site of Mississippi’s vote to secede from the union over slavery in 1861, as well as the location where lawmakers met to establish the state’s 1890 constitution enshrining Jim Crow segregation against its Black population.
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Would have been worst if Kamala got elected though.... apparently
 
Frosty said:

Mississippi GOP Will Hold Redistricting Vote at Infamous Jim Crow Site​

Mississippi Republicans have picked the perfect place to vote on stripping Black political power in their state.​

https://newrepublic.com/post/210011/mississippi-republicans-redistricting-vote-jim-crow-capitol

Mississippi Republicans plan to hold a vote to redraw the state’s congressional map in a building central to the legacy of segregation.

The special legislative session is scheduled to take place on May 20 in what is now known as the Old Capitol Museum in Jackson, ostensibly due to renovations in the House chamber in the newer Capitol building. But the Old Capitol was the site of Mississippi’s vote to secede from the union over slavery in 1861, as well as the location where lawmakers met to establish the state’s 1890 constitution enshrining Jim Crow segregation against its Black population.
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Not even trying to hide the racism. And yet some idiots still try to insist that the parties didn’t switch.
 
Carolina Red said:
Dear sweet lord. Does this guy not realize what he’s saying or does he think we’re all stupid?

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Sooooooo, people have less to spend from their pay cheques after paying their rising bills like rent and energy so they then switch to their credit cards to buy what normally would be essentials like petrom that are notmally factored in to their weekly/monthly allowance. Subsequently they are also paying more for everything else because the price of everything else is constantly rising.

And that equates to doing well?

They are trolling, they have to be.
 
langster said:
Sooooooo, people have less to spend from their pay cheques after paying their rising bills like rent and energy so they then switch to their credit cards to buy what normally would be essentials like petrom that are notmally factored in to their weekly/monthly allowance. Subsequently they are also paying more for everything else because the price of everything else is constantly rising.

And that equates to doing well?

They are trolling, they have to be.
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Not to mention delinquencies on credit payments are apparently skyrocketing
 
langster said:
Sooooooo, people have less to spend from their pay cheques after paying their rising bills like rent and energy so they then switch to their credit cards to buy what normally would be essentials like petrom that are notmally factored in to their weekly/monthly allowance. Subsequently they are also paying more for everything else because the price of everything else is constantly rising.

And that equates to doing well?

They are trolling, they have to be.
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People aren't people, they're a variable. Hence why he says "consumers". It doesn't matter how the money goes into his backers' pockets, only that it does.
 
The polling data is finally coming back in Trump's favour. Big wins here:




(Not to be too much of a comedy scrooge but it is a bit of a crazy poll to build around the fictional fight between Trump and a child, considering what Trump actually did do to a 13 year old girl.)
 
langster said:
Sooooooo, people have less to spend from their pay cheques after paying their rising bills like rent and energy so they then switch to their credit cards to buy what normally would be essentials like petrom that are notmally factored in to their weekly/monthly allowance. Subsequently they are also paying more for everything else because the price of everything else is constantly rising.

And that equates to doing well?

They are trolling, they have to be.
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They are not trolling. They are just getting even richer.
 
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