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Started By
Message
1
Posted on 3/4/25 at 7:52 am to LSUShock
quote:
Man, there's far too many people in these threads who don't realize the amount of their buddies at the country club who run businesses that rely on a global supply chain and sourcing.
Tariffs are a net negative for consumers and men and women running non-enterprise product based organizations.
They are not. That's a myth.
China will devalue the yen. That's how they will survive. In the mean time, companies are announcing a move to the USA and other nations to avoid the tariffs. Both of these things will keep prices about the same.
Now let's rewind history for a minute. Do you know how many millions of Americans got wrecked for this global order that you are speaking about? Money moved out of the USA and as a result, our welfare system exploded. As a result, we promoted abortions to kill off generations.
There is always cause and effect. We have to now rely on nations who wants to replace the USA for meds and more.
Common sense should say to everybody that it's unacceptable. A reversal is needed to bring wealth back into the middle class.
Any price increase is more than nullified in wages and jobs. People seem to forget that at one point, houses were affordable. $7,900. That was the average cost of a 3 bedroom home in the USA in 1955. The average family income in the United States was $4,400.
Compare that to today. In 2024, the median sales price of a home in the United States was $419,200 in the fourth quarter. The average sales price of a new home was $512,200. In 2024, the average salary in the United States is $62,027
See the difference?
This post was edited on 3/4/25 at 7:55 am
Posted on 3/4/25 at 7:53 am to Suntiger
quote:
Serious question, when in history have tariffs’s been good for an economy?
For our entire history.
Posted on 3/4/25 at 7:54 am to BCreed1
quote:
For our entire history.
Not many history buffs on the MB
Plenty of TDS tho
Posted on 3/4/25 at 8:01 am to TigersHuskers
quote:
That's the standard shitbag baby boomer mentality.
I gots mines, frick everyone else
Then they pull up the ladder
I see this in medicine for sure. I got mine, but now I'm trying to help pull other young physicians up and teach them how to escape their corporate overlords. The boomers? Not so much and for many it was detrimental to them as they earned much less after they sold their practice. Less than 9% of doctors work for themselves, or so I've read. They have no clue how much they are losing to their owners.
Posted on 3/4/25 at 8:08 am to SDVTiger
quote:
Didnt you vote for Kamala?
I can still vote for Trump and make fun of the poor white trash like yourself that will jump off a cliff for him. Best of both worlds!
Posted on 3/4/25 at 8:09 am to SDVTiger
quote:
Not many history buffs on the MB
Did you major in history at your community college?
Posted on 3/4/25 at 8:11 am to REG861
quote:
I can still vote for Trump
quote:
REG861
Posted on 3/4/25 at 8:26 am to BCreed1
Manufacturing is still a huge part of the US economy and it is among the only sectors that consistently provides high wages for a large base of workers. Protecting that industrial foundation is essential not only for those workers, but for the health of other sectors too. When a factory closes, it’s not just the high-wage blue-collar workers who are thrown out of jobs. So are all the middle-income truck drivers who deliver the goods. And all the high-skilled mechanics who fix the machines. Not to mention the servers and cooks who staff now empty local restaurants. The only businesses that grow in the wake of a factory closing are those related to opioids and alcohol.
Posted on 3/4/25 at 8:34 am to fareplay
Looks like another 1%+ drop again today. Tanking the economy in a month is impressive.
This post was edited on 3/4/25 at 9:44 am
Posted on 3/4/25 at 8:46 am to Bonkers119
quote:
Tanking the economy in a month is impressive.
The market is not the economy.
Posted on 3/4/25 at 8:48 am to QboveTopSecret
Very much so.
For whatever reason, you have people who refuses to look at all of the facts to determine the cause and effect.
For whatever reason, you have people who refuses to look at all of the facts to determine the cause and effect.
Posted on 3/4/25 at 9:06 am to Bonkers119
quote:#1 bitchfag post of the day. I knew this thread wouldn't disappoint.
Looks like a another 1%+ drop again today. Tanking the economy in a month is impressive.
Posted on 3/4/25 at 9:07 am to Bonkers119
Hey man, mean tweets have to be worth something….
Posted on 3/4/25 at 9:11 am to Bonkers119
Markets never go straight up. This is the time to stay the course of your risk tolerance.
In the grand scheme these months will be a small bump in the road. I’ve failed miserably at timing the market so I don’t even try.
People who can stomach swings will be rewarded.
If you can’t handle the downs invest in municipal bonds with the widows and orphans.
In the grand scheme these months will be a small bump in the road. I’ve failed miserably at timing the market so I don’t even try.
People who can stomach swings will be rewarded.
If you can’t handle the downs invest in municipal bonds with the widows and orphans.
Posted on 3/4/25 at 9:12 am to Bonkers119
quote:
Looks like a another 1%+ drop again today.
Bidenomics has consequences....So does letting 15 million illegal aliens into your country and giving them taxpayer money for food and shelter
Posted on 3/4/25 at 9:12 am to Bonkers119
quote:
Looks like a another 1%+ drop again today
Bidenomics finally kicking in
The sooner we crash it the faster we can rebuild
Posted on 3/4/25 at 9:15 am to John Barron
Posted on 3/4/25 at 9:15 am to fareplay
we're already entering a recession and there's a handful of companies (5) that are propping up the entire S&P
the US is in a massive credit crisis and consumer defaults are crushing.
how can it surprise anyone that the market is traveling in correction territory?
Posted on 3/4/25 at 9:16 am to cadillacattack
"Let's be perfectly clear, Democrats.
Inflation is bad because YOU caused it.
Prices are high because YOU rose them.
War is happening because YOU allowed it.
Spare me the outrage 43 days into a new presidency. Spare me the crappy acting in your scripted videos all sent out in unison.
You accomplished nothing for the American people under Biden from 2021 to January 2025.
Let the adults work and stop whining and lying"
Inflation is bad because YOU caused it.
Prices are high because YOU rose them.
War is happening because YOU allowed it.
Spare me the outrage 43 days into a new presidency. Spare me the crappy acting in your scripted videos all sent out in unison.
You accomplished nothing for the American people under Biden from 2021 to January 2025.
Let the adults work and stop whining and lying"
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If tweet fails to load, click here.This post was edited on 3/4/25 at 9:50 am
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