SiSePuede419

Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession Even the elusive Cancun migrating Canadian-Cuban Werewolf from Texas can "read the room". 😂

However, Trump's formula for calculating tariff rates for nations around the world is based on an elasticity rate lower than it should be in practice, according to senior fellows Kevin Corinth and Stan Veuger with the American Enterprise Institute. The formula assumes an elasticity of import prices with respect to tariffs of about 0.25, but the economists say that that number should be closer to 1.0 (0.945). "Their mistake is that they base the elasticity on the response of retail prices to tariffs, as opposed to import prices as they should have done," the scholars wrote. If the assumptions surrounding elasticity are adjusted in Trump's formula, no country's tariff would exceed 14%, and most would be at exactly 10%, the baseline established by the Trump administration. WHO COULD HAVE PREDICTED SOMEONE SO BAD AT MATH THEY BANKRUPTED A CASINO WOULD... SCREW UP THE MATH...?!? 😄

Elon Musk thinks he can modernize Social Security's 60-million-line--I'm guessing largely undocumented--COBOL codebase in just a few months by rewriting it in Java. What could possibly go wrong? Only everything that keeps 73 million Americans' benefits flowing. Perhaps most telling is the assessment from Waldo Jaquith, former director of technology acquisition for the Inflation Reduction Act: "I'm an expert in modernizing legacy government software systems. This is profoundly stupid and will definitely fail, and it's just a question of whether our social security system fails along with it." https://boingboing-net.cdn.ampproject.org/v/s/boingboing.net/2025/04/04/musks-social-security-plan-is-profoundly-stupid-and-will-definitely-fail-says-expert.html/amp?amp_js_v=0.1&amp_gsa=1#webview=1

Or how tarrifs work. 😀

That's what I already said. You can't afford to live in a city. You drive away from the city until you can afford a place to live. Sucks to be you, but not every American is as unsuccessful as you. 😄

Beijing imposes punitive 34% extra tariffs on all goods imported from US It's a game Circling the drain Without getting Sucked under 😳

Translation: I live way out in Hooterville. We used to have a train when you could buy a haircut for a nickel, which we used to call "buffalos" back in the day, when we used to be called Shelbyville. Now where was I? 😄 Amtrak achieved an all-time ridership record in 2024, welcoming a historic 32.8 million customers as demand for passenger rail service continues to grow in markets across the nation. Amtrak also invested an unprecedented $4.5 billion into major infrastructure and fleet projects – creating the largest boom in rail construction in Amtrak’s history, putting thousands of skilled Americans to work and jump-starting American manufacturing. Why do you hate America? 😀

Secret meetings? C'mon. Rich people don't have secret meetings. They have meetings all the time. Quite frankly,seems to be a weak case that inflation caused by dollar devaluation will benefit him personally since he doesn't actually own his own properties (Russian money), so not sure the benefits to Donnie, and yes everything is about Donnie to Donnie.... Is there any possible way trump can devalue the dollar to benefit himself Yes, theoretically, a U.S. president like Donald Trump could pursue policies that lead to a devaluation of the U.S. dollar, which might indirectly benefit himself or his businesses—but doing so directly and intentionally for personal gain would raise massive legal and ethical issues, including potential violations of laws against self-dealing and corruption. 1. Pressure on the Federal Reserve: While the Fed is independent, a president could publicly pressure it to lower interest rates or resume money-printing (quantitative easing), which generally weakens the dollar. 2. Trade Policy / Tariffs: A president could enact aggressive tariffs or withdraw from trade agreements, spooking markets and leading to a weaker dollar due to reduced investor confidence. 3. Debt Expansion / Deficit Spending: Massive increases in government spending without matching revenue can increase national debt, potentially weakening the dollar over time. 4. Currency Intervention: The U.S. Treasury could theoretically intervene directly in currency markets, although that’s extremely rare for the U.S. How Devaluation Might Benefit Trump 1. Foreign Assets or Revenue: If Trump (or his companies) have significant foreign revenue or assets, a weaker dollar would make those assets more valuable in dollar terms. 2. Debt Repayment: If his businesses hold large amounts of dollar-denominated debt, inflation (often a side-effect of devaluation) could make it cheaper to repay that debt over time. 3. Real Estate Appreciation: Real estate (especially if it attracts foreign buyers) might increase in value if the dollar weakens, since foreign investors can buy more with their currency.

In a post on X, White House deputy chief of staff Stephen Miller referred to Judge Xinis as a "Marxist", who "now thinks she's president of El Salvador". These bullies are so insecure. Just because a judge told them you can't force legal US citizens to El Salvador. BOO HOO HOO 🥹

The stock market just finished its worst week since 2020. Woo hoo! 🥳 I've been "liberated" from another 5% of my money in my retirement account. Wait. Who was President in 2020? Make America Great Again? By destroying it! So much freedom! 😭

Looks like if you're not a cop, nurse or plumber you should probably like, start your own salsa startup or something. "Quick-Quick-Slow, Quick-Quick-Slow" The current moment isn't the Great Depression, but there are some eerie similarities — and the dynamics you're describing could absolutely lead to stagflation if conditions worsen. Let's break it down: 1. White Collar Recession For over a year, high-income professionals — especially in tech, finance, media, and consulting — have been hit hard. Mass layoffs, hiring freezes, and fewer job openings at the $100K+ level. Many of these workers aren't counted in traditional unemployment stats if they’re freelancing, consulting, or just out of the workforce. 2. Now Enter: Broad-Based Tariffs A 10%+ tax on almost all imports raises prices across the board — this is essentially an imported inflation. U.S. companies that rely on global supply chains will face higher costs, which either: Get passed to consumers (raising prices), Or force cost-cutting — often via layoffs. 3. The Stagflation Setup Stagnation: White collar job growth is already sluggish. Inflation: Tariffs + possible retaliation (especially energy and industrial goods) could push prices up. Interest rates are still high — so the Fed has limited tools to help without making inflation worse. That’s a dangerous combo: high unemployment for skilled workers + rising prices + high borrowing costs = stagflation risk. Why this is a different kind of crisis: In the Great Depression, demand collapsed across all sectors. Now, we're seeing a mismatch: blue-collar labor is still in demand, while white-collar opportunities dry up — especially in AI-disrupted sectors. And this time, inflation is already a threat, so adding tariffs is like throwing gas on a slow-burning fire. Deep Stupid 2.0. 🔥

They have no idea what's going to hit them. 😀

Dow heads for another 1,000-point drop, futures indicate, after China retaliates to Trump tariffs So much winning, I can literally feel my wee wee all the way home toes getting richer every minute. Too bad about my neighbors with no roast beef. 😛

Yeah, I heard long ago from someone who worked for American Airlines and got free travel that's very beautiful. Unfortunately, it's very expensive like all Caribbean islands and (checks map) is just a few miles off Venezuela. Why so empty? The typical clientele is cutting back, because Unstable Jenius at Work.😋

Commerce Secretary Howard Lutnick insisted that foreign companies — stung by the tariffs — decide to move their factories to the U.S. “Global governments have backed taking our factories away from us,” Lutnick told Newsmax. “But what you’re going to see is the most modern factories of the world come back here.” And have the Unstable Jenius remove the tariff on a whim and obliterate the need for a new factory? Hardly. But let's just suppose they did open a "most modern" factory in the United States? Does MAGA even know what that means? Total automation with robots. Only gate guard and janitor jobs because robots do everything. Suckers. 😂

DOGE staffer’s YouTube nickname accidentally revealed his teen hacking activity "stupid noobs" Checks out. 😄 Although you can hardly call people who voted for Trump 3 x "noobs", can you? They know exactly what they're doing by supporting Trump. They hate 90+% of America and want to destroy it. 👈

A Pentagon inspector general announces investigation into Hegseth's use of Signal Pete Hegseth is the Foster Brooks of consummate professionals... If you got a bottle of Möet, he'll consume it, Mate. 😃

RFK Jr. says 20% of health agency layoffs could be mistakes Awww. Isn't it cute when people born with a silver spoon in their mouths pretend they know how to run a "business". As if. 😂

Trump fires six national security staffers after meeting with far-right activist Laura Loomer Don't worry, everything is under control.... Loomer also suggested Trump only hire Economists under 5' tall, because he's trying to reduce inflation. 😄

Considering how the Great Recession Crash of 2008 lasted 8 months and the Great Depression Crash of 1929 lasted 3 years before the DJIA lost 90% of it's value.. "Highly unlikely" Markets like stability, not Unstable Jeniuses. 😄

No, it's true! 😀 I just got "liberated" from about 5% of my money in my 401K.

Happy Liberation Day! 😀 Thanks to Trump's Tarrif Taxes for no logical reason whatsoever, Americans will be "liberated" from worrying about paying low prices ever again. I reckon the more you pay, the more "liberty" you will have. ¯\_(ツ)_/¯ Q: How can you tell when someone on Fox News nuts on air? A: They yell out "George Soros".

Yeah, if only we could call them Eskimos and Black people N*ggers, then prices for housing, groceries, insurance will go down immediately. Only in your twisted brain there, Don Quixote. Like Don Quixote, modern conservatives battle imagined threats, resisting inevitable change while clinging to nostalgic ideals of a bygone era. Keep on attacking those windmills. 😂

1/2 * 1/2 * 1/2...etc (15 times) = 1/32768 Conclusion? Musk is a virgin. Quite frankly I'm surprised Musk doesn't pretend he's a Christian and market his $299/month Tesla lease plan to churches telling them it's ok to lease since they will all be raptured up soon after Stephen Miller gives Israel the go-ahead to nuke Iran. 😄

The greatest myth perpetuated on Americans is that Donald Trump understands how business works. 😄 Or that any Republican understands how economics works. ¯\_(ツ)_/¯ The correct answer is No they didn't, it made inflation worse.