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  1. thethe

    Economics Thread

    And that they are going to Americans now and not some Ponzi scheme that greased up both sides of the employment contract to get foreigners hired.
  2. thethe

    119th Congress or Red Wave In Adult Land

    Love that republicans are now fighting as dirty as democrats with redistricting.
  3. thethe

    Economics Thread

    This - there will be some downs in the next few months but all the signs are pointing to a roaring economy in 26
  4. thethe

    Economics Thread

    Except ADP just had a print for July that speaks to the contrary And yes a it’s great when foreigners lose their jobs to Americans. Actually it’s a really fucking great thing.
  5. thethe

    Economics Thread

    Is Trump fixing the economy faster than even I anticipated?
  6. thethe

    DOGE

    Cool - can those people come and not the poor uneducated criminals?
  7. thethe

    Economics Thread

    Nice GDP print Real wages increaing Americans getting jobs over foreigners No material price increases for consumers What’s not to like?
  8. thethe

    Economics Thread

    We were told it was fantastic by the left just like we are told by the “principled” crowd that things are going terrible now. Two sides of the same coin.
  9. thethe

    Economics Thread

    More good economic news Tariffs will destroy the economy!!!
  10. thethe

    Economics Thread

    Things actually get easier over time as sourcing alternatives arise and manufacturers lower costs (more so than they have already) due to increased competition. Do “taxes” on business effect consumers. Sometimes yes and sometimes no. So far - consumers have seen no material price increase...
  11. thethe

    Economics Thread

    Only it doesn't seem to be impacting the American consumer. No different than any normal price fluctuation that happens over time. For the corporation that outsources their labor/production to a foreign nation at the expense of US jobs its certainly a 'make good payment'. But it is absolutely...
  12. thethe

    Economics Thread

    A man is allowed to make money even thought I hated the crypto venture. But the hate you have clouds your judgement. I’ll be here when there are no material price increases and we have a roaring economy. You should stop listening to idiots they claim tariffs are taxes. Then you may get on...
  13. thethe

    Economics Thread

    You continue this thought and see an economy that thrives with tariffs in place.
  14. thethe

    Economics Thread

    No I think certain things that protect Americans like tariffs do should be at the whim of the only person who is elected by the whole country. Especially one that has personal wealth and doesn’t need corporate buyouts.
  15. thethe

    Economics Thread

    But the cost isn’t so high because tariffs are specially on COGS. And the market is so robust that no company actually will say no to it. Thats why Trump and his advisors have made economists look like health care experts during COVID. They don’t understand basic realities. Record high tariff...
  16. thethe

    Economics Thread

    First off - you don’t need 300 people becusss there will always be a Luddite section of the right that parrots stupid talking points like tariffs are taxes. Next - The visibility on one person is so much higher that it makes it even harder to hide the buyout.
  17. thethe

    Economics Thread

    Congress who is bought out by corporate special interest. Sure - a tariff would never pass.
  18. thethe

    Economics Thread

    I understand why you would think that but it’s not that simple. Especially for publicly held companies that valuation is not often tied to a profit metric. Not sure I even understand your second comment since tariffs are the equalizer in that scenario and all companies want access to the...
  19. thethe

    Economics Thread

    Despite the decrease in profit, GM's Q2 2025 earnings still surpassed analysts' average profit expectations. GM attributed the decline to the tariffs and noted that the company is actively working on mitigating the impact through cost reduction initiatives and potential adjustments in...
  20. thethe

    Economics Thread

    Love to see what’s in “Profit” as this is typically an accounting measure that has limited impact to cash flow. But whatever you guys think you know it all and yet Companies are taking a small part of it but the largest component absorbing the tariffs are the manufacturing nations. Eventually...
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