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Apple Absorbs Tariff Costs While Electronics Prices Surge, But How Long Will It Last?
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It's even worse than that. Trump wants to take that captured profit and give it to his wealhy buddies in tax cuts. These tariffs are just a way of doing a stealth middle class tax hike and transferring that $ to the wealthy. That's the game they are playing here.
I see we have a little thumb's down dissent? LOL. Trump always says he loves the uneducated. That makes his bait and switch and smoke and mirrors tactics work all the better.
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As any reasonably savvy investor knows, the stock market is NOT the economy, especially one day's movement, up or down. And it doesn't help suffering small businesses. The rope a dope will be continuing with plenty of volatility to come amidst the contiuning uncertainty.
Fed chair Powell said the US economy is solid. Apparently you aren't a savvy investor.
Oh, I am doing very well, thank you, but that is irrelevant. Economy is solid, for now, because the impacts haven't filtered through the system and taken hold yet. Please try to keep up.
And this: The uncertainty derives largely from the lack of any coherent policy to guide the Trump administration’s trade warfare. Actions are taken haphazardly and without warning.
"Fed chair Powell said the US economy is solid. Apparently you aren't a savvy investor."
And this: The uncertainty derives largely from the lack of any coherent policy to guide the Trump administration’s trade warfare. Actions are taken haphazardly and without warning.
"Fed chair Powell said the US economy is solid. Apparently you aren't a savvy investor."
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The consumer price index rose a seasonally adjusted 0.2% for April, putting the 12 month inflation rate at 2.3%. Less than expected and the lowest since February 2021!
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Not fear mongering and none of this really affects me... except that the market volatility makes for some good trading opportunities. It is just that the tariff effects on prices and inflation haven't passed through yet, but will in a month or two. And the uncertainty factor remains off the charts with Trump's erratic behavior, corrupt "deals", taking bribes, self enriching himself on fake crypto, providing some relief to China tariffs while maintaining onerous tariffs on our allies. Who knows what tariffs will even apply in 90 days when this "pause" ends. It is gonna be quite a ride, one that we really should never have taken.
None of this affects you except your hatred towards Trump. Over 10 trillion in US investments so far where Biden attracted a meager 1 trillion.
I know that you might find this hard to believe, but the claims of a corrupt, fraudulent liar don't make up for the fact that he's a corrupt, fraudulent liar who abuses his power to fraudulently and unconstitutionally gain leverage over Congress, countries, companies and organizations to the benefit of his family and his corrupt billionaire benefactors.
What has he done unconstitutional? He's not even taking a presidential salary! Your claims are baseless.
He suspended enforcement of an anti-bribery law. He delayed enforcement of the TikTok ban in ways contrary to what the ban itself allows. Both of these acts are unconstitutional, because his duty is to enforce the law. He is attempting to accept a precious used plane from Qatar as a gift without the approval of Congress, which is also unconstitutional.
It is particularly rich that he declines to enforce the anti-bribery law, given his penchant for being bribed himself, as the Qatari plane/bribe proves.
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Glad you didn't question that he's a fraud and a liar. Not taking a presidential salary has nothing to do with anything I said.
Here's a few unconstitutional actions:
- Deporting people to El Salvador prison without due process
- Accepting a plane from Qatar
- Deporting people for speech he doesn't like
- Openly defying Supreme Court decisions
- Targeting Universities for speech and academic programs he doesn't like
- Targeting law firms with retribution because he doesn't like who they represent
- Refusing to spend money allocated by Congress
Don't forget DOGE's sole purpose, which was getting rid of all the government agencies and departments involved in investigation both Trump and Musk's dodgy dealings. Conflict of interest is not a concept that Trump's regime even pays lip service to.
Biden wqs unconstitutional letting in 21 million illegals! He also took bribes for Hunter’s pathetic artwork. Covering up Hunter’s crimes and the list goes on and on. Pardoning his entire family and the January 6th scam committee.
Biden weaponized the DOJ against Trump and Comey was making posts about assassinating Trump. Corruption from the entire Democratic Party!
I’m trying to follow what you’re saying in your responses. You’re reasoning unconstitutional actions by Biden are justification for Trump acting against the constitution?
That's a complete stretch ... c'mon
Even if the propaganda you are repeating was true, “what about Biden” is meaningless since Biden is no longer in office.
You asked a question. I answered it. You can support a corrupt, fraudulent liar who abuses his power and deliberately violates the constitution, but you shouldn’t be confused about why other, rational people do not.
What article or amendment of the Constitution would this violate, assuming for the sake of argument only that your number is correct?
Complete stretch that's why the Secret service pulled him in for a meeting? Get real!
Yes, it’s a complete stretch. And the SS pulled him in as a result of political pressure.
And it wasn’t that long ago that MAGA knew this, too… or were they calling for Biden’s assassination? 🤔
Biden wasn't even running the country. We have no idea who even ran it during his term. If it was a stretch why did Comey delete his post then? He's one of the most corrupt former FBI directors of all time!