Trump voters, are you happy now?

[BPPLEE]

That seemed to have worked to get Trump reelected. So I don't see why not?

It works great with Crockett and AOC

 

[GoldenBoy89]

I don't see conservative bearing the hurt because it hurts liberals. What I do see are conservatives seeing Trump doing exactly what he promised on his campaign trail and understand that the hurt is temporary and is necessary for a greater purpose.

Where was this mentality in 2020?

In the Oval Office and on life support.

Hmmm. I don’t think you understood my question and I also think your timeline is off by a couple months.

Unless you really meant to say Trump was on life support in Oval Office.

 

[Oompa Loompa]

Hmmm. I don’t think you understood my question and I also think your timeline is off by a couple months.

Unless you really meant to say Trump was on life support in Oval Office.

My apologies. I have no clue what you are talking about?

 

[doubtingmerle]

What I do see are conservatives seeing Trump doing exactly what he promised on his campaign trail and understand that the hurt is temporary and is necessary for a greater purpose.

The overwhelming majority of investors think you are wrong. They do not think a temporary hurt caused by the tariffs will then be followed by a much greater good. Else, they would be rushing to buy stocks.

To illustrate, image a company was investing in a new facility that would cost a billion dollars over the next year, but there was wide agreement that this would result in billions of dollars in profit in all future years. Investors would be rushing in to buy that stock. It doesn't matter that income is low for the year in which the facility is being built. The huge future income overshadows the cost, and investors would want that stock.

The same thing would happen if investors agreed with you, yes? They would be willing to accept that American companies might have lower sales for a year, provided these investors fully expected that future gains would far exceed the cost of the first year.

But investors overwhelmingly think you are wrong.

So, why is it that you think that you are right, and all these investors are wrong?

 

[RileyG]

Trump voters, your 401K just went down 10% in 2 days. Prices are about to go way up.

It was easy to see this would happen if you elected Trump. You did it anyway.

You happy now?

I prefer him over the alternative. I can count my blessings. No, not that I’m praising him, at all.

 

[Akita Suggagaki]

Does it bother you that I am not panicking or concerned about the stock market?

What bothers me is your liberal/conservatives myopic view of current events. Kind of a "la, la la.. .it is all good denial of reality.
You are welcome to such a view of course. But when you and millions like you put people in office who have beguiled you, yes, that bothers me because of all the damage it does. Do you enjoy this chaos?.

 

[RileyG]

What bothers me is your liberal/conservatives myopic view of current events. Kind of a "la, la la.. .it is all good denial of reality.
You are welcome to such a view of course. But when you and millions like you put people in office who have beguiled you, yes, that bothers me because of all the damage it does. Do you enjoy this chaos?.

What chaos? Many people voted against Harris. They didn't want her in office. That's democracy!

 

[Akita Suggagaki]

What chaos?

Trump’s about-face on tariffs reveals chaos at the core of his presidency​

Trump’s about-face on tariffs reveals chaos at the core of his presidency

Time will tell how much damage has been inflicted on the credibility of Trump’s economic policy and administration

www.theguardian.com

 

[doubtingmerle]

View attachment 363434

But then, on April 10, you discovered that, like with Mark Twain, reports of the death of the Trump Recession had been greatly exaggerated.

 

[doubtingmerle]

I completely understand why Trump hating liberals are unhappy, but I don't understand why they are bothered that conservatives are not as upset as they are. Is this one of those "misery loves company" things?

When living under a President that is causing chaos, one wonders why others do not care that this is happening.

 

[RileyG]

Trump’s about-face on tariffs reveals chaos at the core of his presidency​

Trump’s about-face on tariffs reveals chaos at the core of his presidency

Time will tell how much damage has been inflicted on the credibility of Trump’s economic policy and administration

www.theguardian.com

Still prefer him over Harris. I don't even want to think what our economy would look like if she won. Thankful for God's many blessings. Amen.

 

[RileyG]

When living under a President that is causing chaos, one wonders why others do not care that this is happening.

Living under chaos? people could have said the same thing about Biden, Obama, et al. It's a matter of perception.

 

[jacks]

You have done nothing to defend your claim that most stock owners are wealthy. All you have shown is that the very wealthy own almost all the stock. Not the same thing.

You're correct it's not exactly the same thing.
What is means is that of the 61% of adults that own stock. The wealthiest 10% percent of stock owners, own 93 percent of the stock. The remaining 90 percent own 7 percent. So why it's not true that ONLY the wealthy own stock, they certainly have the lion's share.

 

[doubtingmerle]

Does it bother you that I am not panicking or concerned about the stock market?

The sum of the value of all the stock in a company represents the perceived value of that company.

If the stock drops 20%, that means that investors think that company is worth only 80% of what it had been worth.

All across America, informed investors overwhelmingly think that the net worth of American companies dropped a significant amount in the last week. Did the companies lose their capital assets? No, the buildings and machines are still there. But today, the sum of those buildings and other assets is assumed to be worth much less today than it was two weeks ago. Why? Because investors judge that the net profits of those business will go down due to the aftermath of the tariffs.

Does it bother me that you are not concerned that investors are anticipating mass loss of sales and profits in America? Yes. If this evaluation is correct, expect layoffs and recession, if not a deep depression. And yes, I would think a deep depression would bother you.

There are two steps that would reverse this chaos.
1. Trump completely reverses the tariffs.
2. Trump steps down, in the hope that the VP might at least be competent.

 

[doubtingmerle]

Living under chaos? people could have said the same thing about Biden, Obama, et al. It's a matter of perception.

People could have said it, yes. But it wouldn't have been true.

 

[RileyG]

People could have said it, yes. But it wouldn't have been true.

In your opinion. Opinions are not facts. Feelings are not facts.

 

[Oompa Loompa]

The overwhelming majority of investors think you are wrong.

And I overwhelmingly don't care about what the majority of investors think.

 

[doubtingmerle]

Now, said countries are probably on the long waiting list with their tails between their legs to call Trump to renegotiate their tariffs down to zero. That is a win for the U.S.

That is the strategy of a schoolyard bully: "I will just bully all the weaker kids, and they will submit on their knees and give me what I want."

But sometimes all the other kids realize that they can simply hang around with friends instead of the bully, and the bully is deserted.

Are you listening to what other countries are saying? It appears they don't want to hang around with America anymore. And no, America cannot be great alone.

 

[doubtingmerle]

And I overwhelmingly don't care about what the majority of investors think.

Are you smarter than the overwhelming majority of investors?

If they say that continuing the tariff plan will destroy American business, and you say the tariffs would help, why should we believe you and not them?

 

[doubtingmerle]

In your opinion. Opinions are not facts.

You just stated an opinion.

Are we to assume your opinion is not a fact.