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/

 

[Clem Fandango]

Because it'll harm the US considerably more.

They can and will subsidize their domestic industries as needed to offset the impact of the tariffs as well as realign existing trade with non-US producers, and in fact in a lot of cases they can flat-out order those producers to do so. On top of that, over a quarter of China's GDP is generated by state-owned enterprises that can run at a loss for a considerable amount of time.

Well that's amazing that they could have done all that this whole time, but just didn't because China loves the US so much. They were just trading with them out of the goodness of their heart! They always had the option to "trade with other countries instead" , and uh... "run at a loss for a considerable amount of time". They're just doing this now because the US is being a big meanie head. Trump, you idiot!

 

[Getting Tard Comed Jr]

"What has Trump done or at least plan to do about the cost of housing the main cost of living crisis ?"

What is removing 11-30 million people from the housing market Alex? Thereby lowering the demand but keeping the supply at the same level if not raising it.

 

[Buck Broken Chimp]

"What has Trump done or at least plan to do about the cost of housing the main cost of living crisis ?"

What is removing 11-30 million people from the housing market Alex? Thereby lowering the demand but keeping the supply at the same level if not raising it.

Once again Trump's deportation numbers are not that much better then Biden's. Second they take money to deport which he is beading from all his spending and tax cuts

 

[God of Nothing]

No, boomers seem to be uniquely and exceptional hateful to younger generations, it's very odd.

I hear horror stories of grandpa wanting to sell everything he owned before he died from other people. Boomers remortgage their houses or put them in trusts where they're paid until they die in exchange for the trust or whatever seizing it. I do not understand a generation with the greatest wealth yet the worst application of it ever.

 

[Getting Tard Comed Jr]

Once again Trump's deportation numbers are not that much better then Biden's. Second they take money to deport which he is beading from all his spending and tax cuts

Except Trumps numbers for illegal border crossings are the lowest ever. It is not the same as Biden, and deportation costing money has no impact on the real estate market, which is what the question was. Disingenuous poster. Sad! Many such cases!

 

[JustSomeDong]

Second they take money to deport which he is beading from all his spending and tax cuts

I recently found my water bill creeping up, turns out I had a leaky pipe. I had to pay to fix it.
Or should I have just been happy to let it continue leaking, and to keep paying a higher water bill, when I didn't need to?

Because this feels like that kind of "logic."

 

[The best and greatest]

Tariffs are a tax on the consumer. Nothing more, nothing less.

Tariffs are a necessary mechanism to pull ourselves out of a fundamentally weak economy predicated on the exploitation of literal slave labor.
Frankly if the goods you're buying came out of a slave shop in southeast Asia or were made by imported indentured servants/cheap disposable labor by whatever name you wish to call them you should be taxed.

Even if manufacturing does come back to America, this isn't the 1800s when you could just make wagon wheels in a barn modern manufacturing takes years and billions of dollars to get off the ground and the working class will be suffering until then.

Industrial machines have only been getting smaller and more affordable as time goes on. My favorite example are those mini-sawmills you can haul with a basic bitch truck, but this also goes for CNC machines as well.

The only industries you really need large corporations for are ones that are labor(Specialized or not)/technology/resource intensive endeavors (Lithography/Car&Tractor manufacturing/Shipbuilding/Oil&Gas refining) The vast majority of the stuff we import people could make for themselves.

 

[mlanguishi]

I hear horror stories of grandpa wanting to sell everything he owned before he died from other people. Boomers remortgage their houses or put them in trusts where they're paid until they die in exchange for the trust or whatever seizing it. I do not understand a generation with the greatest wealth yet the worst application of it ever.

There is also a big fantasy going around that there's going to be some grand huge 'wealth transfer' to younger generations. That's such a serious lie, it's all going to Vegas, indian scammers, or frittered away. Not that many boomers are going to have anything to pass down.

 

[Sexual Chocolate]

Tariffs are a tax on the consumer. Nothing more, nothing less. Like alcohol or cigarette taxes, you are in essence monetarily punished for your behavior. Regular Americans haven't had to deal with the faggots from customs when importing goods, so they have no clue what's coming for them. "Placing a Tariff on China" sounds like you're punishing China, which seems to be enough for most.

It'll be a rough ride for the poor people that are dependent on cheap goods to get by. The baseline will get more expensive as outsourcing only moved the slave labor off-shore, and the local workforce isn't going to work under those conditions. And when the next administration goes back to business as usual, the price will stay.
If this were the 80s, I would be more optimistic. Americans could still "afford each other". Nowadays I'm not quite so sure. As long as factory work isn't close-ish to middle class, I don't think this will work. Tariffs also only make sense if you have a local industry you're trying to protect. Think Harley vs Japan in the 80s.

I can't say I like the sledgehammer approach Trump has taken. It doesn't look very well thought out. Maybe he's just trying to spook every other country at the same time into lowering their tariffs on US goods. It's a bold strategy...

Lets see how this plays out. I can't do jack shit about it either way.

We need a 200% tariff on blackpilling dumbasses who think they know better than Our President.

 

[The Ugly One]

Because it'll harm the US considerably more.

No, it won't. China is more dependent on trade than the USA. Some example countries:

Country	Imports	Exports
Germany	47%	43%
UK	32%	33%
Japan	21%	25%
China	20%	18%
USA	12%	15%

America holds all the cards here. The USA does an enormous amount of trade by total volume, yet as a share of our economy, the only countries that are less dependent on trade than us are Argentina, Nigeria, Ethiopia, and Sudan.

 

[mandatorylurk]

As mentioned earlier, very good jobs report:

And Trump sees his rival made a mistake:

 

[indomitable snowman]

China would have to import something from the US first for those tariffs to matter.

baby food that's not rat poison and lead paint chips?

 

[Diana Moon Glampers]

401k plans making all these normies love the stock market was some insanely smart marketing for the corporatists.

Now anything that actually is good for leftist values, like sticking it to corporations that use exploitation to make profit, is bad for their retirement. And we all know which they really care about more.

 

[God of Nothing]

No, it won't. China is more dependent on trade than the USA. Some example countries:

Country	Imports	Exports
Germany	47%	43%
UK	32%	33%
Japan	21%	25%
China	20%	18%
USA	12%	15%

America holds all the cards here. The USA does an enormous amount of trade by total volume, yet as a share of our economy, the only countries that are less dependent on trade than us are Argentina, Nigeria, Ethiopia, and Sudan.

those numbers are making me rub my hands
wagmi
not on stonks or crypto coinz but tarrifs

 

[deleuzeon]

What has Trump done or at least plan to do about the cost of housing the main cost of living crisis ?

Why keep asking again and again? The answer is very simple and not going to change. Mass deportations of illegals + reshored manufacturing via tariff + reducing government and red tape by extension.

 

[Fuck Bankers]

No, it won't. China is more dependent on trade than the USA. Some example countries:

Country	Imports	Exports
Germany	47%	43%
UK	32%	33%
Japan	21%	25%
China	20%	18%
USA	12%	15%

America holds all the cards here. The USA does an enormous amount of trade by total volume, yet as a share of our economy, the only countries that are less dependent on trade than us are Argentina, Nigeria, Ethiopia, and Sudan.

source?

 

[Pendulous Dong]

China has raised 34% retaliatory tariffs against the US.

https://gss.mof.gov.cn/gzdt/zhengcefabu/202504/t20250404_3961451.htm

 

[Rudolf's Friend]

Nancy Pelosi supports Trump's tariffs:
View attachment 7175662
Source (Archive)

Wow she actually sounds clear and healthy here

 

[Absurdist Laughter]

Boomers: "Muh stock portfolio!"

It's like we haven't had a recession in the past during their lifetime before. Graham Stephen on YouTube recently did a video on the subject and I got pointed to a study performed by Russell Investment.

U.S. stock market returns during recessions

In this study, get the background, analysis and market timing of 31 recessions in the last 154 years: 1869-2022.
By Adam Field, FSA, EA By Evgenia Gvozdeva, Ph.D. By Eric Thaut, CFA, FRM

Unfortunately, you have to request the information for the study, the following information is second hand but directly quoted from the paper. I know intuitively that this is an investor's dream. I had invested cash during the COVID lock down and got spooked off from inexperience. If I held my positions, there is a 0% chance I'd be writing this on my computer but on my phone in Hawaii sipping a mai tai.

From 1869 to 2022 Russell's research team found that "Stocks tended to peak eight months prior to a recession and declined by approximately 30%, on average." However, the most interesting/relevant conclusion that can be drawn from the paper is that recession and stock market have no significant signs of correlation. From the paper, out of the 30 recessions between 1869 and 2018, there have been 16 recessions which had positive stock market returns measured from the start to end of each recession. Positive market returns lasted on average 16 months, with stock returns ranging from 38.1 to 0.7%, with an average increase in the market +9.8% and an average GDP Decline of -3%. Even in the Covid Lock down drop, the market overall had a 1.7% increase on average. (side note, another reminder to diversify investments for portfolio resilience. It can be concluded that it is the ultimate way to prevent black swan events impacting you as severely.)

As can be seen, in the past 13 years, recessions caused the market to lose value only half of the time, and on average you would still have come out ahead, with an overall return of 1.7%. This means that recession or not, investing in the stock market was still one of the best bets available.

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Globalists control via fear and what we are seeing is a lot of fucking fear and fear mongering. Also, it feels like good weather to add a few more gold and silver coins to the stack, mostly silver though.

Here is a link to the video: YouTube, PreserveTube​

 

[Jace on ice]

China is an entire nation constructed entirely out of cardboard spray painted gold in an attempt to fool the world.

Contrary to propaganda they do not have the economic or military power to oppose the U.S for a prolonged period if we decide to get serious.