Tariff Man and his tariff plan cause market plunges

[bambino]

Originally Posted by HDGristle

Actually, HE did

No he didn’t. You made it up. But don’t worry Mr Gristle, keep your eyes open on this Friday the 13th. Tariffs will collapse the financial industry. As you said in your opening post, “buckle up”. Geez, that seems like two weeks ago!!!!!

[lustylad]

Originally Posted by HDGristle

https://www.bbc.com/news/articles/cdjmepg4pzlo

$900m. That's a not insignificant hit to a good, American company

It's not chump change, even for Ford (annual revenue - $190 bn).

But compared to Ford's humongous write-off of $19.5 billion on EV investments announced last Dec. 15, it's no biggie.

[bambino]

Originally Posted by lustylad

Two weeks? Go back and read his post #1582. He complained after I clocked it at 2 minutes. He boasted it's even less than that!!

I said I doubt it’s that long!!!!!

[lustylad]

Originally Posted by bambino

I said I doubt it’s that long!!!!!

Great! You and Gristle finally agree on something!!

[HDGristle]

Originally Posted by lustylad

It's not chump change, even for Ford (annual revenue - $190 bn).

But compared to Ford's humongous write-off of $19.5 billion on EV investments announced last Dec. 15, it's no biggie.

Another negative impact from bad Trump policy, but not one for this thread.

Thanks, though

[HDGristle]

https://www.politico.com/live-update...riffs-00775107

The procedural vote to block tariff bills in the Hoyse failed in a rebuke to Johnson and Trump, with 3 defections

[jayzee43]

Originally Posted by bambino

“ Experts and farmers alike are in agreement that tariffs can be beneficial in certain scenarios when used strategically. For example, they can be used to protect consumers (as in with meat produced by countries that have lower food safety standards), to protect domestic labor, or to protect emergent industries or industries that are important to national security.”

You can stop waiting. Run along now.

Lol. That first sentence is not at all what's happening. trump isn't using tariffs "strategically" or "in certain scenarios". Not even close.

Now, instead of some lame copypasta from who-knows-where, try asking an actual farmer how the economy's going for him/her. They aren't gonna give you some gibberish like this.

[bambino]

Job growth exceeds expectations!!! Yet again, the OP’s thesis gets blown out of the water. Even CNN has to admit it.

https://www.cnn.com/2026/02/11/econo...-january-final

Here it comes; Gristle will say, “it would’ve been higher without tarriffs “!!!! Dismissing the fact that fake Joey Bribes was far worse!!!!!!

CLUELESS

[HDGristle]

You left out the with caveats part, as well as the 17k net downward revisions for Nov and Dec. Hell, there were some very interesting revisions to other numbers as well if you bothered to look.

Here's some food for thought you'll find inconvenient

The report included major revisions that reduced the number of jobs created last year to just 181,000, weakest since the pandemic year of 2020, and less than half the previously reported 584,000.

The lionshare of the gains remain in Healthcare. There were also reasonable construction gains (mostly non-residential specialty trades).

There was also a 5k gain in manufacturing jobs.

Now, that said we'll need to see if those numbers hold or get revised. It's nice to see some progress. Would love to see more progress. Sustainable progress. And maybe you'll be able to tie them to Tariffman's dumbass tariff plan. Well, not you. Lusty might try.

Then there's that inconvenient increase in the CBO's debt projections

Thank you valued poster

[bambino]

Originally Posted by HDGristle

You left out the with caveats part, as well as the 17k net downward revisions for Nov and Dec. Hell, there were some very interesting revisions to other numbers as well if you bothered to look.

Here's some food for thought you'll find inconvenient


The lionshare of the gains remain in Healthcare. There were also reasonable construction gains (mostly non-residential specialty trades).

There was also a 5k gain in manufacturing jobs.

Now, that said we'll need to see if those numbers hold or get revised. It's nice to see some progress. Would love to see more progress. Sustainable progress. And maybe you'll be able to tie them to Tariffman's dumbass tariff plan. Well, not you. Lusty might try.

Then there's that inconvenient increase in the CBO's debt projections

Thank you valued poster

It’s CNN!!! Of course there’s “caveats”!!!!!! I’m using your own propaganda sources against you!!! You’re getting shredded with every post!!!! How delicious!!!!

[HDGristle]

Only in your fantasies, Bam.