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re: It’s obvious Trump and his team Do Not know how to run this economy

Posted on 10/24/25 at 12:32 pm to
Posted by dgnx6
Member since Feb 2006
86320 posts
Posted on 10/24/25 at 12:32 pm to
quote:

I thought it was Main Streets turn? The backbone of the country ( Main Street, farmers, manufacturers, etc) are struggling bad.


40 years of fricking people over won't be fixed overnight.

But good to know you don't even want to try.


You think catfish farms would magically appear in MS or something?
This post was edited on 10/24/25 at 12:33 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297624 posts
Posted on 10/24/25 at 12:37 pm to
quote:



It was 3% without a trade war when Trump took office.



and dropping.

Trump instituted tariffs, it stopped dropping and started rising.
Posted by dalefla
Central FL
Member since Jul 2024
3381 posts
Posted on 10/24/25 at 12:40 pm to
Wall Street isn't the economy by any stretch of the imagination. The the economy is all about consumer confidence not how many more billions Elon made or Shaniqua getting her EBT allowance. But, I do agree the economy's headed in the right direction.
Posted by TFH
Member since Apr 2016
3474 posts
Posted on 10/24/25 at 12:41 pm to
quote:

Wonder how all those redditors who totally owned stocks and sold them all off in April feel now?

Haha. I made a nice chunk on Amazon and Lulu on that one. Just need my accountant to offset those gaaaiiinnsss
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
27185 posts
Posted on 10/24/25 at 12:41 pm to
quote:

Wonder how all those redditors who totally owned stocks
Yeah reddit is where you go for sound financial advice.
Posted by Figgy
CenCal
Member since May 2020
9791 posts
Posted on 10/24/25 at 12:47 pm to
quote:

I've been repeatedly assured the last 4 years that the President does not control the stock market.


I'm on record for not being a fan of how the tariffs were rolled out. But there is absolutely no comparison to be made between what the dems have done to the economy this century versus what Trump and his team accomplished in his first term by simply getting out of the way of regulating businesses to hell and back like the dems have a long history of doing. He unleashed the American entrepreneur and I'm forever grateful for that opportunity.

Signed,

California based business owner

PS: Our sales are up 41.11% YoY. We've had one down year since we opened a little over 8 years ago. Wanna guess who was potato in chief when it happened? This is already our best year ever and every order pushes that higher and higher. I can not be a fan of his tariff rollout while acknowledging that something shifted in our clients approach and it was to our benefit.
Posted by mwade91383
Washington DC
Member since Mar 2010
7274 posts
Posted on 10/24/25 at 12:52 pm to
Anybody who thinks the stock market = the economy, is a waste of time.

It’s been a good year top line but you gotta dig a little deeper, those same numbers without the mag 7 and just the s&p 493, not great.

The AI bubble is giving Trump an incredible amount of cover to pretend things are a lot better than they are.

I know I know TDS, right.

This post was edited on 10/24/25 at 12:55 pm
Posted by ronricks
Member since Mar 2021
11090 posts
Posted on 10/24/25 at 12:53 pm to
Stock Market isn't the economy. Companies are laying people off, inflation is still high and grocery prices remain little changed sans eggs.
Posted by BurlesonCountyAg
Member since Jan 2014
4530 posts
Posted on 10/24/25 at 12:54 pm to
quote:

Its crazy how in that two week period everyone was an expert on the stock market and knew it was the perfect time to get out.


Sir, I will remind you that Roger has been an expert on the stock market for many years. He’s also an expert on myriad other subjects. Just ask him.
Posted by FLTech
Member since Sep 2017
25206 posts
Posted on 10/24/25 at 12:57 pm to
I remember several months ago that Scotty B (Scott Bessent) predicted that the stock market would hit 50 by the end of this year and everybody called him a fricking idiot, a dumbass, a moron, a grifter, a fagget, a this, a that, bla bla bla

Panicans are fricking losers.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297624 posts
Posted on 10/24/25 at 12:59 pm to
quote:


I remember several months ago that Scotty B (Scott Bessent) predicted that the stock market would hit 50



Might happen, and we still get stagflation.

Unemployment and inflation are both still rising.

quote:

Stagflation is an economic condition characterized by slowing economic growth, high unemployment, and rising prices (inflation) simultaneously.

Stagflation is an economic nightmare, both for those who live through it and the policymakers called on to solve it. This rare economic condition defies the conventional economics that links inflation with economic booms and falling prices with recessions.



We have a dual economy, the income and the wealth economy. IF you dont have investments, you are fricked in this environment.
Posted by Stidham8
Member since Aug 2018
9542 posts
Posted on 10/24/25 at 1:03 pm to
quote:

I've been repeatedly assured the last 4 years that the President does not control the stock market.


The mainstream fake news media and their democrat allies assured us that tariffs would crash the economy and cause rampant inflation.

The opposite has happened.
Posted by BoomerandSooner
Top of Texas
Member since Sep 2025
1496 posts
Posted on 10/24/25 at 1:09 pm to
quote:

And rising.


Some people are half glass full
Others are half glass empty.
Roger is, "who the f*** put something in my glass."
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297624 posts
Posted on 10/24/25 at 1:12 pm to
quote:



Some people are half glass full


Inflation is rising, objectively. Way too many dumb people in the "inflation" thread that cant read simple graphs.
Posted by Scream4LSU
Member since Sep 2007
1190 posts
Posted on 10/24/25 at 2:17 pm to
And the cpi was lower than expected this morning almost guaranteeing an interest rate decrease.
Posted by Bunkie7672
Member since Mar 2020
1074 posts
Posted on 10/24/25 at 2:19 pm to
Stock market is fake and gay and is being held up by the AI bubble.
Posted by jcaz
Laffy
Member since Aug 2014
18835 posts
Posted on 10/24/25 at 2:21 pm to
This 2nd term is master level trolling. He’s got the media all worked up about the East Wing while his people can focus on actual important shite
Posted by Westbank111
Armpit of America
Member since Sep 2013
4592 posts
Posted on 10/24/25 at 2:27 pm to
Rome wasn’t built in a day. To shift back to being a net exporter and manufacturer takes time.

Do you really think the system is like “flipping a switch”???

If so, I’ve got oceanfront property in Arizona on the CHEAP $$$

DM for details.

lol some of you on this board really have some deficits…
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