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President Trump is considering Declaring a National Economic Emergency

Posted on 1/8/25 at 10:16 am
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
17101 posts
Posted on 1/8/25 at 10:16 am
Hopefully this will include weekly briefings showing how bad the Biden Administration was lying about the Economic data

Posted by udtiger
Over your left shoulder
Member since Nov 2006
115349 posts
Posted on 1/8/25 at 10:19 am to
He should
Posted by Deuces
The bottom
Member since Nov 2011
16878 posts
Posted on 1/8/25 at 10:20 am to
While I support the tariffs, I’m not so hot on presidents calling everything a National emergency.

This gives the left an opportunity to call gun violence a national health emergency and try to enact gun control.

Something like the border would be a legitimate national emergency.
This post was edited on 1/8/25 at 10:21 am
Posted by Timeoday
Easter Island
Member since Aug 2020
22941 posts
Posted on 1/8/25 at 10:21 am to
It will be glorious. I pray he lays it out for the American people while the FCC lets the media know their licenses are tied directly to their messaging!!
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
49520 posts
Posted on 1/8/25 at 10:26 am to
quote:

National Economic Emergency


What a GREAT idea!!!!

This IS a national emergency that has been fueled for the past 70 years by BOTH parties but most glaringly TREASONOUS by the DEMOCRAT party at the hands of the puppeteers who have been yanking Biden's strings for the past 4 years.

Time to HUMILIATE those - of ALL parties who willingly, knowingly, greedily, and boastfully participated/honed or didn't dutifully REPORT these excesses.

DO IT - HUMILIATE and IMPRISION the prime mover henchmen.

:usa:
Posted by LSUROXS
Texas
Member since Sep 2006
8650 posts
Posted on 1/8/25 at 10:28 am to
quote:

President Trump is considering Declaring a National Economic Emergency


Created by the Left!
Posted by ForeverGator
Elite 8 - 2020 Worst SECRant Poster
Member since Nov 2012
14206 posts
Posted on 1/8/25 at 10:29 am to
The stock market crash during Trump's last term will pale in comparison to what is about to come.
Posted by Fun Bunch
New Orleans
Member since May 2008
130226 posts
Posted on 1/8/25 at 10:29 am to
I assume he is going to do this under the Trade Expansion Act and claim it is a national security issue.
Posted by Stealth Matrix
29°59'55.98"N 90°05'21.85"W
Member since Aug 2019
11685 posts
Posted on 1/8/25 at 10:32 am to
quote:

universal tariffs on allies and adversaries

America doesn't really have allies.

America has hangers-on....
Posted by Timeoday
Easter Island
Member since Aug 2020
22941 posts
Posted on 1/8/25 at 10:35 am to
Let's not forget the MAJOR role played by the Federal Reserve to the demise of the USA. After all, it has been said repeatedly, "Give me control of a nation's money supply, I care not what laws they make." I believe the words came out of the mouth of a ROTHSCHILD!!
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
49520 posts
Posted on 1/8/25 at 10:36 am to
quote:

while the FCC lets the media know their licenses are tied directly to their messaging!!

IF ONLY!!!!

if only the media did a half arse job during the past half century - but particularly the last 15 years, our American culture - properly informed - would never have allowed the destruction of that culture to take place.

Put some TEETH into propaganda posing as 'public information'

DEMAND that any 'according to those familiar with the situation' declarations be backed up by formal AFFADIVITs - which will be used to PROSECUTE both the liar on the affidavit or the journalist who does not have proper validation of their 'narrative.'

ALSO - demand that political CAMPAIGNs be allowed a very loose lease on what THEY 'promise' to do - but must have IRON CLAD PROOF - publicly disseminated - for any ACCUSATIONs they make wrt their OPPONENTs.
Posted by TROLA
BATON ROUGE
Member since Apr 2004
14731 posts
Posted on 1/8/25 at 10:43 am to
I want transparency and accountability not another meaningless emergency declaration.. the meetings and consistent flow of info both good and bad are paramount
Posted by Tandemjay
Member since Jun 2022
4639 posts
Posted on 1/8/25 at 10:44 am to
The uni-party made the rules, look how the 3 letter agencies abuse the "national security" excuse.
Posted by cajunangelle
Member since Oct 2012
167285 posts
Posted on 1/8/25 at 10:50 am to
A CTH article says Trump uses the handle john barron. so will you be signing on as romneys burner Twitter name?
This post was edited on 1/8/25 at 12:15 pm
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
59223 posts
Posted on 1/8/25 at 11:58 am to
quote:

I’m not so hot on presidents calling everything a National emergency.


Agreed, but I think this really is a sleeper national emergency.

From 2001-2023, 19 of those years saw the YoY growth in federal debt outpace the YoY growth in GDP. From 2021-now, YoY consumer debt growth has easily outpaced YoY GDP growth. This means GDP growth was slowly growing dependent on debt creation prior to COVID, but since then it has become wholly dependent on it.

To put it more simply, since 2021 our economy has grown only because of debt. That's unsustainable.

We're about to hit a recession (if we aren't already in it). The federal government's reaction to a recession is to cut rates to push money into the economy. We're in an inflationary environment already (inflation has been up every month since September), so what happens when the Fed cuts rates in recession where there's inflation? Stagflation.

Now look at that scenario within the framework of consumers carrying historic debt loads at historically high interest rates and consider what happens to them as jobs begin getting cut. Along with that, what happens to the debt when the federal government begins raising benefit spending while taking in less in taxes?

Posted by MFn GIMP
Member since Feb 2011
23007 posts
Posted on 1/8/25 at 12:00 pm to
quote:

He should

Then the next Democrat President does the same thing to raise taxes and implement socialist policies.

The President is not a king and using an "emergency" to allow rule by diktat is horrible.
Posted by tide06
Member since Oct 2011
23290 posts
Posted on 1/8/25 at 12:02 pm to
quote:

The stock market crash during Trump's last term will pale in comparison to what is about to come.

Pre-Covid Trump had the best economy in decades.

There is however a debt and real estate bubble that will have to be addressed one way or another.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
24825 posts
Posted on 1/8/25 at 12:07 pm to
You’re so fricking dumb. We had an unprecedented biological attack and world wide shut down.


By the way the Dow recovered to be above the pre-attack levels before he left office.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
44413 posts
Posted on 1/8/25 at 12:18 pm to
quote:

Declaring a National Economic Emergency




quote:

to provide legal justification for a series of universal tariffs




We do not have a taxation problem. We have a spending problem. Raise tariffs all you want, but until you cut the spending, it's MEANINGLESS.
Posted by Sweep Da Leg
Member since Sep 2013
3579 posts
Posted on 1/8/25 at 12:19 pm to
quote:

Agreed, but I think this really is a sleeper national emergency. From 2001-2023, 19 of those years saw the YoY growth in federal debt outpace the YoY growth in GDP. From 2021-now, YoY consumer debt growth has easily outpaced YoY GDP growth. This means GDP growth was slowly growing dependent on debt creation prior to COVID, but since then it has become wholly dependent on it. To put it more simply, since 2021 our economy has grown only because of debt. That's unsustainable. We're about to hit a recession (if we aren't already in it). The federal government's reaction to a recession is to cut rates to push money into the economy. We're in an inflationary environment already (inflation has been up every month since September), so what happens when the Fed cuts rates in recession where there's inflation? Stagflation. Now look at that scenario within the framework of consumers carrying historic debt loads at historically high interest rates and consider what happens to them as jobs begin getting cut. Along with that, what happens to the debt when the federal government begins raising benefit spending while taking in less in taxes?


Nailed it.
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