US US Politics General 2 - Discussion of President Trump and other politicians

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Should be a wild four years.

Helpful links for those who need them:

Current members of the House of Representatives
https://www.house.gov/representatives

Current members of the Senate
https://www.senate.gov/senators/

Current members of the US Supreme Court
https://www.supremecourt.gov/about/biographies.aspx

Members of the Trump Administration
https://www.whitehouse.gov/administration/
 
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I am going to check the anti elite populist larp.

The rich overwhelmingly benefit from tarrifs. If you own the capital needed to produce the manfuactured goods needed to replace tarrif goods and you can afford the labor to work this means of production. Then you are likely very rich.

This ignores the obvious fact a rich person just isn't hurt as bad by a tarrif. A guy who makes millions a minute wouldn't notice a 15% gpu tarrif but a working man living paycheck to paycheck would.

I just don't get why people here are so anti subsidy with things like the chips act but pro tariff which everyone agrees are basically just worst subsidies.
you act like you know shit about this, but subsidies and tariffs have very different purposes, and the fact that you'd even say this reveals how little you personally know about this subject. this is not a widespread opinion, and it is certainly not a common comparison.

if the countries that are being tariffed want to reduce the tariffs, they're free to reduce their own tariffs on US goods. why is that such an impossibility in your mind? it's not like these are unending permanent tariffs. trump has made it very clear what the purpose is. that's why he was so positive to the countries with low or reciprocal tariff rates during his chart exhibition.
 
The lower 50% of Americans are barely affected by the gyrations of the stock market because they lack the savings to actually invest substantially. There is a reason a vast portion of the population has a negative net worth. They don't care about the S&P dropping 10%, they care about wage depression and offshoring.
The lower 50% of Americans WILL however by heavily affected by the prices of manufactured goods rising sharply due to tariffs
 
if you wouldn't take that money to the casino and be okay with losing it, you shouldn't be putting it in the stock market without being okay with losing it. it's betting. it's gambling. you are going into it knowing that there is a chance that you cannot predict the size of that you WILL lose everything.
Any investment asset, pretty much by definition, carries risk. Your point is therefore kind of pointless.
 
Any investment asset, pretty much by definition, carries risk. Your point is therefore kind of pointless.
come the fuck on dude, what a dishonest attempt at an argument.

no, depreciation of physical assets is not the same as putting your money into a machine that could literally spit out 5 dollars when you put in 6000. gambling is not the same thing as depreciation.
 
The reason for the seemingly arbitrary tariff amounts is because many countries have trade barriers are functionally ∞% tariffs. What's the cost to the US of the EU not allowing the Cybertruck to be registered because it's hood is too steep or mandating that relatively light vehicles need a CDL to own? What's the cost to the US of the EU banning American chicken because they don't like our perfectly safe way of removing bacteria or them banning our our beef? The EU has rules like this that functionally ban countless American products from their market. This sort of thing is impossible to calculate; the only trade barriers we can calculate are things like the EU's yearly arbitrary fines on tech companies.

Trump's formula of taking the trade deficit, dividing it by two billion, and turning it into a percentage captures the effect of trade barriers far better than any computational method would.
 
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The lower 50% of Americans WILL however by heavily affected by the prices of manufactured goods rising sharply due to tariffs
After the insane inflation we just did, I don't care. Things already skyrocketed. Throw some damn wrenches in the system now and see what works or not, I'm up for trying.
 
if the countries that are being tariffed want to reduce the tariffs, they're free to reduce their own tariffs on US goods.
Again, the tariffs put in place today are not based on what other countries tariff us at all. They are seemingly completely arbitrary based on our trade deficit with said country, and even if we are trading at a surplus they get a 10% fuck you tariff anyway. Israel supposedly already got rid of their tariffs on US goods and they were still hit with a 17% tariff.
 
come the fuck on dude, what a dishonest attempt at an argument.

no, depreciation of physical assets is not the same as putting your money into a machine that could literally spit out 5 dollars when you put in 6000. gambling is not the same thing as depreciation.
WTF does depreciation have to do with this? You're ranting here. Any investment - gold, real estate, stocks, ammo, crypto, etc. - carries risk.
 
Again, the tariffs put in place today are not based on what other countries tariff us at all. They are seemingly completely arbitrary based on our trade deficit with said country, and even if we are trading at a surplus they get a 10% fuck you tariff anyway. Israel supposedly already got rid of their tariffs on US goods and they were still hit with a 17% tariff.
They did it overnight, it wasn't done at a reasonable time for everything to be updated for today imo, but i would expect information about that. and as you were just explained to, the purpose of the way it was calculated is to interact with things that aren't seen by simple computation of the exact numbers, with the specific concept of the EU's multitude of bans of american products brought up. in addition, china has a shitload of laws restricting US ownership and ability to operate a business within china, which undoubtedly does financial trade harm, and that's part of those calculations. this is in addition to the ludicrous amount of scams and dropshipping garbage that no one needs to be buying in the first place.

you will find little sympathy from me for people who waste their money on shit they don't need and gadgets that don't do them any good when they need to buy fucking food for their families.
 
WTF does depreciation have to do with this? You're ranting here. Any investment - gold, real estate, stocks, ammo, crypto, etc. - carries risk.
okay, so when you have 5,000 rounds of ammunition, and the value of ammunition drops, do you lose those 5,000 rounds? no? then how are you going to equate it to the stock market, putting in 5,000 dollars and getting out 1,000 because of a bad investment? you're a retard for even bringing up physical investments, so i assumed you were talking about the only logical thing that would be involved with physical investments, depreciation, because the fucking house doesn't vanish if the housing market turns sour, you still have the thing, and you can use it yourself, if it's anything useable like ammunition or real estate.

Like the US banning European cheeses because they were aged for 59 days instead of 60?
so the EU tariffs us, right? what is your point here? that other countries tariff us?
 
okay, so when you have 5,000 rounds of ammunition, and the value of ammunition drops, do you lose those 5,000 rounds? no? then how are you going to equate it to the stock market, putting in 5,000 dollars and getting out 1,000 because of a bad investment? you're a retard for even bringing up physical investments, so i assumed you were talking about the only logical thing that would be involved with physical investments, depreciation, because the fucking house doesn't vanish if the housing market turns sour, you still have the thing, and you can use it yourself, if it's anything useable like ammunition or real estate.
You don't lose your ownership position in a company if the value of your stock drops. If you are buying ammunition purely for investing, it is the exact same thing as buying stocks. The difference is that no one buys ammunition purely as a financial investment.
Beyond being able to hold it in your hand (which is admittedly nice), investing in Gold is gambling just as much as investing in the stock market it, potentially with lower volatility.
 
okay, so when you have 5,000 rounds of ammunition, and the value of ammunition drops, do you lose those 5,000 rounds? no? then how are you going to equate it to the stock market, putting in 5,000 dollars and getting out 1,000 because of a bad investment? you're a retard for even bringing up physical investments, so i assumed you were talking about the only logical thing that would be involved with physical investments, depreciation, because the fucking house doesn't vanish if the housing market turns sour, you still have the thing, and you can use it yourself, if it's anything useable like ammunition or real estate.


so the EU tariffs us, right? what is your point here? that other countries tariff us?
Money is money is money. If I buy $5K worth of ammo and it drops in value $4K, I have $1K left. If I buy a house for $5K and it drops in value $4K I have $1K left. If I buy a mutual fund for $5K and it drops in value $4K I have $1K left. You're trying to argue that this $1K is better than that $1K, or the other $1K. This is a ridiculous argument.
 
Money is money is money. If I buy $5K worth of ammo and it drops in value $4K, I have $1K left. If I buy a house for $5K and it drops in value $4K I have $1K left. If I buy a mutual fund for $5K and it drops in value $4K I have $1K left. You're trying to argue that this $1K is better than that $1K, or the other $1K. This is a ridiculous argument.
Money is an abstraction anyway.
 
Unrelated to current tariff discussion but why are conservative influencers so fucking stupid? We just had one of the biggest cultural victories in literal years with almost the entire country either voting Trump or turning red and the main talking points from some of the most influential voices in conservatism over the last few months have been:

  • Women shouldn't have the right to vote because they scare me
  • Men shouldn't play video games, watch anime, or have interests because they're not masculine
  • Andrew Tate, the brown Muslim who rapes women, is based actually
  • Epstein's victims are lying
Get your heads in the fuckin game retards!!!!!!!!!!!!! This is how you drive away voters.
 
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