Current events discussion

[RobGMN Premium Member]

You claim Trump caused a recession and Biden had to fix it. Now you think Trump is going to cause an inflation worse than the one Biden caused?

Not once did I say that. But I will guarantee that if he imposes the tariffs he is threatening to, it's going to drive prices a lot higher. Ergo, INFLATION. The thing that you think he is somehow going to cure by forcing prices up immediately.

Not dramatic at all. Biden has been doing well at pushing us towards a world war. Hey, if he does it before Jan 20th, your sensitive *** won't have to worry about those tariffs.

So I'M a drama queen for repeating your sentiments about Biden ruining the country, but your claims that Dems want us all to die so they can be in control are NOT dramatic? GMAFB.

I am glad that me making fun of you went right over your head.

Ahh, more of your special brand of humorous sarcasm that's neither humorous nor sarcastic.
Learn the skill before you attempt the skill.

Stop, just stop. You are crying about having to pay tariffs but are ok with prices being up 19.9% under Biden. You are doing that hypocrisy thing again.

So you are upset that you are paying 20% more for goods under Biden after a cumulative 4 years, but will be happy when Trump gets into office and will intentionally drive them up by as much as another 25% as soon as he gets into office?
But it's OK because...ILLEGALS!!! A situation that didn't change at all when he failed at tariffs the last time.
Got it.

I love how you idiots just ignore the effects of a global pandemic and just blame Trump for the effects. You ******* love taking the easy way out and blaming, ignorantly might I add, a person who had NO CONTROL over the virus.

Ahhh, so the pandemic is to blame for recession, but Biden is to blame for the inflation following the recession. Not the recession itself, not the pandemic, not supply-chain disruption, not Russia declaring war on Ukraine. None of that. It's simply ALL Biden's fault.
Any failure under Trump is not his fault. Ever.
Got it.

Well that is why all of us are on this car audio forum... so YOU can educate us about politics and economics. I do hope that you pay the most because of the tariffs.

Sorry it upsets you so much to have someone point out your bullshit, instead of patting you on the back and giving you the participation trophy and cookie you expected, and probably always got as a child.

But if it makes you sad to be in a Trump thread about Trump being Trump (which is usually him failing), then maybe you'd be happier not being here? Maybe start a thread called "Congratulate Me Even When I Am Wrong", and you can get all the accolades you are craving?

 

[ThxOne Premium Member]

Not once did I say that. But I will guarantee that if he imposes the tariffs he is threatening to, it's going to drive prices a lot higher. Ergo, INFLATION. The thing that you think he is somehow going to cure by forcing prices up immediately.

You just did it again!!!

So I'M a drama queen for repeating your sentiments about Biden ruining the country, but your claims that Dems want us all to die so they can be in control are NOT dramatic? GMAFB.

I said they would rather us all die... you really don't pay attention do you? Yes, drama QUEEN.

Ahh, more of your special brand of humorous sarcasm that's neither humorous nor sarcastic.
Learn the skill before you attempt the skill.

Like the verse from Pledge your allegiance by Suicidal Tendencies - "And how can you call me stupid when you don't understand what I say?" You do that a lot. Claim others need to learn more because you don't get what they said. I said it before, your ego is HUGE. Whatcha compensating for Rob?

So you are upset that you are paying 20% more for goods under Biden after a cumulative 4 years, but will be happy when Trump gets into office and will intentionally drive them up by as much as another 25% as soon as he gets into office?
But it's OK because...ILLEGALS!!! A situation that didn't change at all when he failed at tariffs the last time.
Got it.

Again you assume because there is a discussion that I am upset. Seriously, clean the peanut butter out of your ears. I am not upset and I can afford whatever I need to afford. I said several times that doesn't mean I have to agree with or like higher prices.

Ahhh, so the pandemic is to blame for recession, but Biden is to blame for the inflation following the recession. Not the recession itself, not the pandemic, not supply-chain disruption, not Russia declaring war on Ukraine. None of that. It's simply ALL Biden's fault.
Any failure under Trump is not his fault. Ever.
Got it.

No, you don't got anything. Trump did not make the virus. Trump cannot stop a virus. The virus was something "new". Many things happened because of the virus. Lockdowns, cargo ships not being allowed to enter our ports, people on the left and right spreading the virus... yes, even the vaccinated.

Russia declaring war on Ukraine was because Biden is weak. Period. Nobody did shit when Trump was the president. No new wars!!! But in your eyes, a bad thing huh?

Sorry it upsets you so much to have someone point out your bullshit, instead of patting you on the back and giving you the participation trophy and cookie you expected, and probably always got as a child.

You say that a lot... speaking from personal experience? Gen-X fucko, we were told to go play in traffic and we did and liked it. Mom and dad worked and raised us not to be liberal *******. Fall off your bike and rip some flesh off your knees... rub some dirt in it and get back on the bike and we did. Some other kids call us names, it's a street war and we fought with a ferocity you'll never know of. We bled, they bled and we were friends after.

But if it makes you sad to be in a Trump thread about Trump being Trump (which is usually him failing), then maybe you'd be happier not being here? Maybe start a thread called "Congratulate Me Even When I Am Wrong", and you can get all the accolades you are craving?

Oh, I think not. I LOVE wasting your time. Like I said, I would have enjoyed beating you relentlessly had we lived in the same neighborhood as kids... you would not have made the friends list.

 

[Jimi77 Premium Member]

There should've been some foresight back in Reagan's day...China has been the fastest growing economy since the 80's and a communist government was never gonna be our "buddy"

I don't even mind trading with them. It's not uncommon for 1st world countries to let a tiny 3rd world economy trade on the uneven footing we've given China, but once China entered the 1st world they should have lost that privilege. I'm all for free trade with China but it has to be bilateral. I find it insane that anybody right, left or center can't recognize just how bad our trade arrangement with China is.

 

[Jimi77 Premium Member]

Where did I say "economists say a massive debt is good"?

I said SOME and that idea is the backbone of the modern monetary theory that gaining prominence in some of our elected officials eyes...but apparently you haven't googled mmt or even heard of it before...if something's not a problem it's good

I don't think there are any out there cheering for more debt, but when you start talking about reducing the debt, they all say "whoa... hang on a second."

 

[Jimi77 Premium Member]

So you are upset that you are paying 20% more for goods under Biden after a cumulative 4 years, but will be happy when Trump gets into office and will intentionally drive them up by as much as another 25% as soon as he gets into office?
But it's OK because...ILLEGALS!!! A situation that didn't change at all when he failed at tariffs the last time.
Got it.

Prices are up 20% since Biden took office? My house is up ~25%. My groceries have doubled. I won't commnet on gas since Covid created a very unique situation. And when Trump doesn't drive up prices up 25% as soon as he gets into office, you will retract this statement?

 

[Jimi77 Premium Member]

I don't control your eyes man. According to that theory or whatever of creation of the human race from Sumer and anunnaki, humans were created as lesser beings to mine gold, created as a less intelligent and less capable worker species, so that's literally a designed a slave. If you're genetically created or manipulated for the purpose of mining gold say for bankers then you're a designed worker slave.

I'm working off the dictionary definition of slavery. You're definition of slavery requires that I accept something for truth that isn't necessarily true.

 

[Jimi77 Premium Member]

Yes, but you are talking about comparing hard facts and figures of money, versus the general success of a program.

A CEO can be of the opinion that his company is doing great, but if the numbers say otherwise, their opinion means jack.
The NUMBERS show that Trump's tariffs did not do what was claimed they would do. So unless the numbers are all fake, the tariffs simply did not work.

His tariffs created tax revenue, generally considered a good thing by those on the left. In addition, manufacturing jobs were created under Trump, unless you're disingenuous enough to count the plummet in jobs due to Covid.

All Employees, Manufacturing

Graph and download economic data for All Employees, Manufacturing (MANEMP) from Jan 1939 to Oct 2024 about headline figure, establishment survey, manufacturing, employment, and USA.

fred.stlouisfed.org

 

[ThxOne Premium Member]

His tariffs created tax revenue, generally considered a good thing by those on the left. In addition, manufacturing jobs were created under Trump, unless you're disingenuous enough to count the plummet in jobs due to Covid.


Oh he is.

 

[RobGMN Premium Member]

You just did it again!!!

I said they would rather us all die... you really don't pay attention do you? Yes, drama QUEEN.

"I said they would rather us all die". 'Seems awfully dramatic, Ma'am.

Like the verse from Pledge your allegiance by Suicidal Tendencies - "And how can you call me stupid when you don't understand what I say?" You do that a lot. Claim others need to learn more because you don't get what they said. I said it before, your ego is HUGE. Whatcha compensating for Rob?

You speak nonsense and then get upset that others don't want to turn it into something that makes sense.
Try to avoid making up your own definitions for words, and speak the way the rest of us speak. Don't ask us to make up for your inability.

Again you assume because there is a discussion that I am upset. Seriously, clean the peanut butter out of your ears. I am not upset and I can afford whatever I need to afford. I said several times that doesn't mean I have to agree with or like higher prices.

You are not upset by inflation, yet complain constantly about it. I guess like other words, you have your own special definitions of "upset" and "complain" that don't match the dictionary.
So you're now not upset by higher prices under Biden, because if you are, then you'll have to be similarly upset about the higher prices we will see under Trump.
Noted.

No, you don't got anything. Trump did not make the virus. Trump cannot stop a virus. The virus was something "new". Many things happened because of the virus. Lockdowns, cargo ships not being allowed to enter our ports, people on the left and right spreading the virus... yes, even the vaccinated.

So what happens under Biden's watch is Biden's fault, but what happens under Trump is not Trump's fault.
Trump cannot stop a virus, but Biden controls all supply chains, the Russian war on Ukraine, and the economies of all other countries in the world.
Got it.
And when prices surge due to the tariffs, it will somehow be blamed on the Democrats.

Russia declaring war on Ukraine was because Biden is weak. Period. Nobody did shit when Trump was the president. No new wars!!! But in your eyes, a bad thing huh?

Nobody did shit, except for the Taliban becoming stronger than they had been in a decade, North Korea built missiles that could reach the US mainland, Russia geared up for a full-scale attack on Ukraine.
Only 4 of the 13 other presidents from 1945 to 2017 brought us into a new war. Trump isn't as special as the "no new wars" claim seems to be.

You say that a lot... speaking from personal experience? Gen-X fucko, we were told to go play in traffic and we did and liked it. Mom and dad worked and raised us not to be liberal *******. Fall off your bike and rip some flesh off your knees... rub some dirt in it and get back on the bike and we did. Some other kids call us names, it's a street war and we fought with a ferocity you'll never know of. We bled, they bled and we were friends after.

If you grew up that way, why do you get so upset now when someone calls out your bullshit and proves you wrong about something, to the point where you'll argue for YEARS that you are right, even when you are proved irrefutably wrong?
It's low-hanging fruit, but top this day you cannot admit you fucked up in your claim that bones do not have nerves in them.
That's just weird behavior, kid.

Oh, I think not. I LOVE wasting your time. Like I said, I would have enjoyed beating you relentlessly had we lived in the same neighborhood as kids... you would not have made the friends list.

That's a cute tough-guy story, but it likely covers for a reality where you got your entitled *** handed to you by the other kids, who were annoyed by your lies and your refusal to admit they are lies when you got caught.

Prices are up 20% since Biden took office? My house is up ~25%. My groceries have doubled. I won't commnet on gas since Covid created a very unique situation. And when Trump doesn't drive up prices up 25% as soon as he gets into office, you will retract this statement?

How do you think Trump is going to impose his desired tariffs without prices going up for us?
They went up the last time he tried tariffs.
Do you think he will eliminate sales taxes in order to make it a net-zero effect on the consumer?
Or maybe other countries will call his bluff quicker and he'll back down BEFORE he's able to make any changes?

 

[ThxOne Premium Member]

"I said they would rather us all die". 'Seems awfully dramatic, Ma'am.

That's how a woman sees everything. Hoe.

You speak nonsense and then get upset that others don't want to turn it into something that makes sense.
Try to avoid making up your own definitions for words, and speak the way the rest of us speak. Don't ask us to make up for your inability.

lol sure.

You are not upset by inflation, yet complain constantly about it. I guess like other words, you have your own special definitions of "upset" and "complain" that don't match the dictionary.
So you're now not upset by higher prices under Biden, because if you are, then you'll have to be similarly upset about the higher prices we will see under Trump.
Noted.

Define constantly.
You keep saying complain even after I educated you on it being conversation. You sure do get confused easily.

So what happens under Biden's watch is Biden's fault, but what happens under Trump is not Trump's fault.
Trump cannot stop a virus, but Biden controls all supply chains, the Russian war on Ukraine, and the economies of all other countries in the world.
Got it.
And when prices surge due to the tariffs, it will somehow be blamed on the Democrats.

Why do you attempt to compare everything as if it is all equal? Are you retarded?

Nobody did shit, except for the Taliban becoming stronger than they had been in a decade, North Korea built missiles that could reach the US mainland, Russia geared up for a full-scale attack on Ukraine.
Only 4 of the 13 other presidents from 1945 to 2017 brought us into a new war. Trump isn't as special as the "no new wars" claim seems to be.

Who cares, no new wars under Trump. Why does that bother you????

If you grew up that way, why do you get so upset now when someone calls out your bullshit and proves you wrong about something, to the point where you'll argue for YEARS that you are right, even when you are proved irrefutably wrong?
It's low-hanging fruit, but top this day you cannot admit you fucked up in your claim that bones do not have nerves in them.
That's just weird behavior, kid.

Keep proving me right. Keep not listening and repeating the same dumb shit over and over.

That's a cute tough-guy story, but it likely covers for a reality where you got your entitled *** handed to you by the other kids, who were annoyed by your lies and your refusal to admit they are lies when you got caught.

You must be right.

How do you think Trump is going to impose his desired tariffs without prices going up for us?

Thanks for not listening.

They went up the last time he tried tariffs.

Nope.

Do you think he will eliminate sales taxes in order to make it a net-zero effect on the consumer?

Maybe.

Or maybe other countries will call his bluff quicker and he'll back down BEFORE he's able to make any changes?

That's probably what will happen. We should impeach Trump and put sleepy Joe back in there with boozy Harris.

 

[Jimi77 Premium Member]

Just a dose a of reality about Trump's tariffs. Keep in mind that Sleepy Joe just increased China tariffs earlier this year - I'm sure you all remember Rachel Maddow, the harpies on The View, Anderson Cooper and Paul Krugman screaming "The sky is falling!!! Tariffs don't work!!! The economy will implode!!! Inflation will go thru the roof!!!" when Sleepy Joe raised tariffs, because obviously tariffs would be bad regardless of what party is in office.

I'm not saying the tariffs are solely responsible or even mainly responsible for the increase in manufacturing jobs, but manufacturing jobs did indeed increase under Trump. And that massive spike in inflation that screeching left promised would happen - never happened. I'm not saying that tariffs are responsible for low inflation. Looks like median inflation hovered around ~2.25% for the duration of Trump's time in office. And I'm not crediting Trump for low inflation, as a matter of fact I think the POTUS has minimal impact on inflation, but the fact of the matter is inflation was low during Trump.V1.

Additionally, there is a rumor to the effect that tariffs don't work. However, tariffs have a long history of working and China uses them quite effectively to shield their economy to this very day. I'm not sure where this rumor of tariffs not working started, but it's another in a long line of fallacies. As we can see, we had rapidly growing economy + "high" tariffs until the 1950s. Additionally, it should be noted that a tariff only need be temporary to have the desired effect; once manufacturing returns to the US, hypothetically, the tariff could be reduced to increase market competition and drive down prices.

United States Inflation Rate

Inflation Rate in the United States increased to 2.60 percent in October from 2.40 percent in September of 2024. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

tradingeconomics.com

https://data.bls.gov/generated_files/graphics/latest_numbers_CES3000000001_2014_2024_all_period_M10_data.gif

 

[ThxOne Premium Member]

The left wants to hate Trump and everything he does. If Trump says tariff then by default tariffs are bad. People like Rob are followers so they just vomit the propaganda until they believe it.

 

[Jimi77 Premium Member]

How do you think Trump is going to impose his desired tariffs without prices going up for us?
They went up the last time he tried tariffs.
Do you think he will eliminate sales taxes in order to make it a net-zero effect on the consumer?
Or maybe other countries will call his bluff quicker and he'll back down BEFORE he's able to make any changes?

I'd prefer to not be quoted along with THX so I can avoid his mind numbing nonsense.

Since sales taxes are generally handled at the state level, I don't think Trump will touch them. I do suspect Trump will try to reduce income taxes although I don't recall that being a major plank during his campaign, nor do I care.

There is one version of what happened with Trump tariffs that I'll summarize as "Trump Bad!" Then there is a more informed version of what happened. Similar to tariffs/VERs on Japanese cars, manufacturing moved the US and created jobs. As I noted in an earlier post, tariffs need only be temporary as confirmed in the article below. Anecdotally, I purchased my washing machine 10 years ago for ~$500; an equivalent washing machine goes for $600 today. That's a 20% increase over a decade or less than 2%/yr. Hopefully, Trump will lean on these companies to make their equipment serviceable instead of disposable.

Washing-Machine Tariffs Come Out Clean, Sparkling for US Manufacturing

Trade experts can learn from the success of this Trump-era policy.

www.industryweek.com

OPINION
In January 2018, the Trump administration imposed tariffs of 20% to 50% on large residential washing machines. The tariffs expired in February 2023. Six years after these tariffs were imposed, the U.S. now has a larger, more successful, and more competitive domestic washing machine industry.

The tariffs were a success, as measured by over 2,000 new jobs, more competition, no sustained effect on washing machine prices and economic stimulus with the construction of new factories.

The tariffs brought jobs and economic prosperity to two regions where appliances were not previously manufactured: Clarksville, Tennessee and Newberry, South Carolina.

No Long-Term Effect on Prices
Tariff opponents continue to repeat the falsehood that the tariffs raised washing machine prices. But washing machines fit a pattern we’ve seen with many of the 2018-2019 tariffs: After a brief price surge, consumer prices of the tariffed products fall, and tariffs have no noticeable effect on those prices afterwards.

In 2017, then-U.S. Trade Representative Robert Lighthizer decided to impose tariffs on all imported large residential washing machines. When these duties were imposed in January 2018, they started at 20%. After a quota of 1.2 million imported washers was reached, the duties rose to 50%.

Large washing machine importers, including LG Electronics and Samsung, initially opposed any U.S. import restrictions. However, once the tariffs were in place, they quickly changed their tune.

Samsung, LG Build U.S. Factories
In 2018, LG Electronics completed an investment of $360 million in a new smart factory in Clarksville, to be staffed with 700 employees. In April 2021, the company announced that it had produced 1 million washing machines at Clarksville. LG then announced that it was investing a further $20.5 million and hiring 300 more employees in Clarksville. And then, in December 2022, LG announced three new model washing machines to be made in Clarksville.

Similarly, in 2018, Samsung built an appliance manufacturing facility in Newberry, South Carolina, investing $350 million and hiring 1,000 employees. This was so successful that in 2020, Samsung invested an additional $120 million to expand the facility. It now employs 1,200 workers.

Tariffs = More Jobs, More Competition
Essentially, by incentivizing both LG Electronics and Samsung to open and then expand manufacturing facilities in the United States, the tariffs achieved the best of both worlds. They led to the creation of more U.S.-based competitors—with more jobs and more competition. And, they resulted in more domestic product innovation as well. Finally, the only impact on prices was gone in a few months, and washing machine prices declined to pre-tariff levels.

The new U.S.-based manufacturers will also prompt existing U.S. manufacturers, Whirlpool and GE Appliance, to up their game. Those two account for over 40,000 employees, so their competitive performance is important.

The goal of industrial policies such as targeted tariffs should be to build domestic industries. Doing so creates growth, investment, employment and an upward trend in worker incomes. That has positive effects for the upstream and downstream industries that supply the appliance industry and the economy as a whole.

Six years later, we can see that the washing machine tariffs achieved precisely these goals.

 

[ThxOne Premium Member]

I'd prefer to not be quoted along with THX so I can avoid his mind numbing nonsense.

Well that's not very nice.

 

[ThxOne Premium Member]

Perhaps Rob and yourself move to a private chat so as to avoid the numbing of your mind? What's more numbing though, the fact that we are pretty much saying the same thing except I am sarcastic when I say it and you are over explaining it to a person who will just say we are full of shit anyway.