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re: Trump has to fix the dollar.
Posted on 4/21/25 at 10:50 am to Triple Bogey
Posted on 4/21/25 at 10:50 am to Triple Bogey
quote:I would argue that a 33% cut is massive
I'm not even calling for rates to be cut massively, but a FFR at 4.5% when inflation is slowing makes no sense. Drop them to 3%
1
Posted on 4/21/25 at 11:17 am to TigersHuskers
quote:
Trump is a alpha
Is "alpha" the qualification you use when choosing a broker or CPA?
A DL on a football team may be an alpha, that doesn't mean I want him doing my taxes.
Posted on 4/21/25 at 12:26 pm to UltimaParadox
The man is a d*m fool and is making a mockery of the presidency. He threatened to fire Jerome Powell, the one stabilizing factor in our economy this morning, and the markets on cue are dropping like the Hindenburg.
Posted on 4/21/25 at 12:29 pm to Harry Boutte
quote:
Trump is a jerk
Fixed it for you-- and the last I saw, I can still say it. America is a free country-- I won't be sent to jail or a gulag for saying it
Posted on 4/21/25 at 12:29 pm to TigersHuskers
quote:
You sound like a weak pathetic excuse for a man. Trump is a alpha
He’s simply belligerent; just because you want to watch him have sex with your SO doesn’t make him an alpha.
Posted on 4/21/25 at 12:32 pm to Triple Bogey
quote:
The Fed needs to get off their asses and do something. All this political posturing is just making this problem worse. I'm not even calling for rates to be cut massively, but a FFR at 4.5% when inflation is slowing makes no sense. Drop them to 3%
This post is hilarious on multiple levels
Posted on 4/21/25 at 3:23 pm to behind bars
quote:
I would argue that a 33% cut is massive
You can space it out over the next year.. Whatever. Just do "a" cut to let the market know you're not gonna sit on your hands and watch stocks/bonds get completely destroyed.
Posted on 4/21/25 at 4:21 pm to UltimaParadox
quote:
However, I don't think there is any political appetite to raise taxes ever at this point. It's funny taxes only seem to go one way... And that's down.
What am I missing here? My taxes are around 20-25% of my income(federal, state). I am middle class probably on the upper end because of 2 household incomes. This doesn’t include Louisiana’s sales taxes. I looked at the amount of taxes I paid this year and it looks like a lot to me. I did lose my last child as a deduction. It’s insane I give as much as I do to the government and get nothing. Maybe the tax decreases you mean go to the wealthy? I’m being nickel and dimed to death. I’m still paying for all kinds of benefits, health insurance, etc. My check looks small to me and the government looks bloated.
Posted on 4/21/25 at 4:34 pm to Triple Bogey
quote:
You can space it out over the next year.. Whatever. Just do "a" cut to let the market know you're not gonna sit on your hands and watch stocks/bonds get completely destroyed.
The equity market is getting destroyed because many of the largest companies people invest in have a tremendous amount of uncertainty in their short to mid term prospects because there is a tremendous amount of uncertainty in the trade policy of the United States. The bond market is getting destroyed because you have people in government either intimating, or outright saying, that they want to crash the markets to make servicing our sovereign debt easier.
The leaders of our country are free to reverse course on both of those paths whenever they would like. Maybe call your congressman?
Posted on 4/21/25 at 5:40 pm to Sofaking2
quote:
My taxes are around 20-25% of my income(federal, state
Are you saying your effective tax rate is 20-25%? last year?
Posted on 4/22/25 at 8:59 am to IMSA_Fan
quote:
Just out of curiosity, would you vote for him again knowing what you do now
Compared to Kamala? No question Trump is still the better pick.
We need sane democrats again. The republicans are the only sane pick at the moment.
Posted on 4/22/25 at 9:43 am to CastleBravo
quote:
The republicans are the only sane pick at the moment.
This is debatable. Both parties seem out of their minds in different ways right now.
Posted on 4/22/25 at 9:48 am to Jay31
quote:
The devaluation is bullshite.
Are you aware that he ran on a platform of reshoring critical domestic manufacturing?
Posted on 4/22/25 at 9:50 am to CastleBravo
quote:
Compared to Kamala? No question Trump is still the better pick.
It's wild to me that people still think this. He is single handedly tanking the economy, which we knew would happen in advance, and you guys are still all "blue team bad!' If a Democrat with a criminal record who can't figure out how to make a casino profitable, ran on an identical platform, you'd be losing your mind right now.
Tribalism will be our unraveling, and I'm sorry so many people can't see it.
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