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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 12-24-2025, 04:54 PM   #241
Precious_b
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Quote:
Originally Posted by SpeedRacerXXX View Post
Consumer spending was up in third quarter. I know I did my part. I bought a new Mercedes in July to beat the tariffs. I'm certain I am not alone. ...
I'll see your new car and raise you a house.
And to sweeten the pot, I was able to find a rarity i've been looking many years for and acquired.

Did my share for the economy too.

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Old 12-25-2025, 07:53 AM   #242
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Quote:
Originally Posted by Mort Watt View Post
Though you don't qualify that statement, I assume that you are implying it is a good thing, and is part of the reason for the GDP growth....
Sapper's the master of the spurious correlation. He would have made a good political speechwriter or strategist or something.
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Old 12-25-2025, 08:39 AM   #243
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This is what I thought to be an excellent article on the current economy.

https://www.msn.com/en-us/money/mark...a36ab99f&ei=64
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Old 12-25-2025, 10:43 AM   #244
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The administration seems more concerned with protecting asset bubbles by pressuring for lower interest rates when the economy is still running inflationary.


The talking point of slowing job growth omits government firings and deportations.


We are moving ever closer to a command economy and the benefactors are not in hiding. The rape of our system by the current administration will continue, unfortunately the SCOTUS has given him a free get of jail card.


4D chess at its finest.
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Old 12-25-2025, 03:49 PM   #245
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Quote:
Originally Posted by Tiny View Post
Sapper's the master of the spurious correlation. He would have made a good political speechwriter or strategist or something.
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Old 12-30-2025, 09:54 AM   #246
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Part of the economy, but not necessarily a 'Trump accomplishment'.

Quote:
American workers at the bottom end of the pay scale are set to see the minimum wage rise in 19 states effective on New Year's Day, while three other states are also planning minimum wage increases later in 2026.

While 20 states opt to leave their minimum wage at the federal minimum of $7.25 an hour, the majority of states have set higher minimums which may be periodically adjusted to account for inflation or to account for a change in state labor compensation laws
.

https://www.foxbusiness.com/economy/...-new-years-day
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Old 12-30-2025, 10:04 AM   #247
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Not remotely a “Trump accomplishment.”

Vast majority of those states are blue.
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Old 12-31-2025, 11:16 AM   #248
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The dollar is poised for its sharpest annual retreat in eight years and investors say more declines are coming if the next Federal Reserve chief opts for deeper interest-rate cuts as expected.



https://finance.yahoo.com/news/dolla...110341700.html
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Old 12-31-2025, 11:23 AM   #249
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Drug prices are going down ny 500%, 600%, 1000%?

https://www.newsmax.com/us/drugmaker...31/id/1240265/

Drugmakers plan to raise U.S. prices on at least 350 branded medications including vaccines against COVID, RSV, and shingles, and blockbuster cancer treatment Ibrance, even as the Trump administration pressures them for cuts, according to data from healthcare research firm 3 Axis Advisors.

The number of price increases for 2026 is up from the same point last year, when drugmakers unveiled plans for raises on more than 250 drugs. The median of this year's price hikes is around 4% — in line with 2025.
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Old 12-31-2025, 01:18 PM   #250
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In the Trump economy

McDonald's says customers are 'pulling back'. Same with Wendy's. Same with Burger King.

McDonald's CEO Chris Kempczinski told investors during a company earnings call this year.


We continue to see a bifurcated consumer base.
Traffic from lower-income consumers declined nearly double digits in the third quarter.
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Old 12-31-2025, 07:51 PM   #251
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Quote:
Originally Posted by RX792P View Post
In the Trump economy

McDonald's says customers are 'pulling back'. Same with Wendy's. Same with Burger King.

McDonald's CEO Chris Kempczinski told investors during a company earnings call this year.


We continue to see a bifurcated consumer base.
Traffic from lower-income consumers declined nearly double digits in the third quarter.
With that said, there's no wonder they're eating the cats, eating the dogs, eating the pets! They can't afford a Quarter Pounder with cheese in the Trump economy. And they've had enough Whoppers from the Trump WH. No wonder people are giving Trump's economy such Frosty reviews.
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Old 01-05-2026, 08:34 AM   #252
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Interesting trivia about the "all-time high: stock market.

About 45% of the S&P 500's gains in 2025 came from the Magnificent Seven.

Seven out of five hundred stocks...1.4% responsible for about 45% of 2025 gain.

Despite that, the S&P 500 underperformed its global peers and the MSCI World Ex-US Index for the first time in a rising market since 2017.

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Old 01-05-2026, 11:42 AM   #253
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Woo hoo

https://truthsocial.com/@realDonaldT...42866197248103
Quote:
“We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariffs, but the Fake News Media refuses to talk about it because they hate and disrespect our Country, and want to interfere with the upcoming Tariff decision, one of the most important ever, of the United States Supreme Court. Because of Tariffs, our Country is financially, AND FROM A NATIONAL SECURITY STANDPOINT, FAR STRONGER AND MORE RESPECTED THAN EVER BEFORE. GOD BLESS AMERICA!”
Maybe the 'Fake News Media' isn't talking about $600 Billion because Trump's claim is certifiably fact free.


Calendar year 2025: the U.S. has collected $261.6 billion from them as of Dec. 15
https://www.politico.com/interactive...ncome-tracker/

Also confirmed at $261.6B for CY 2025 here.
https://budgetmodel.wharton.upenn.ed...show_all=false

Maybe DJT has this confused with his 'tariff rebate'...
“Sending a one-time $2,000 payment to U.S. households would cost between $300 billion and $600 billion — far more than the U.S. is currently collecting in tariffs.”
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Old 01-05-2026, 12:55 PM   #254
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From the White House
President Trump Continues to Drive an American Manufacturing Boom

Under President Donald J. Trump’s bold leadership, America’s manufacturing sector is surging forward with unprecedented momentum.
https://www.whitehouse.gov/articles/...acturing-boom/


From Reuters via Yahoo
https://finance.yahoo.com/news/us-fa...175950911.html

U.S. manufacturing activity slumped to a 14-month low in December, with new orders contracting further and input costs grinding higher as the sector continued to bear the imprint of President Donald Trump's import tariffs.

As of early January 2026, the ISM Manufacturing PMI has contracted for 10 consecutive months, reaching 47.9 in December 2025 (readings below 50 indicate decline).
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Old 01-05-2026, 01:05 PM   #255
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noice..

let's get rid of the tariffs and do a 'uuuggggeee guest worker program and compete fair and square in the international marketplace for manufactured goods that are Made In America..

oh wait, guest workers have brown skin. cancel that America First policy and let's go do some more nation building in 3rd world country backwaters. hasn't that always worked out great for us in the past..

Quote:
Originally Posted by RX792P View Post
From the White House
President Trump Continues to Drive an American Manufacturing Boom

Under President Donald J. Trump’s bold leadership, America’s manufacturing sector is surging forward with unprecedented momentum.
https://www.whitehouse.gov/articles/...acturing-boom/


From Reuters via Yahoo
https://finance.yahoo.com/news/us-fa...175950911.html

U.S. manufacturing activity slumped to a 14-month low in December, with new orders contracting further and input costs grinding higher as the sector continued to bear the imprint of President Donald Trump's import tariffs.

As of early January 2026, the ISM Manufacturing PMI has contracted for 10 consecutive months, reaching 47.9 in December 2025 (readings below 50 indicate decline).
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