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  • Tariffs are a tax cut

    From JAB@21:1/5 to All on Tue Mar 11 20:48:54 2025
    "Tariffs are a tax cut for the American people" -- Karoline Leavitt
    turns reality upside down, then gets mad at an AP reporter after he
    pushes back

    Video: 1:13 minute

    https://bsky.app/profile/atrupar.com/post/3lk4n3ltaus2y

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  • From Eli the Bearded@21:1/5 to here@is.invalid on Wed Mar 12 05:17:59 2025
    In misc.news.internet.discuss, JAB <here@is.invalid> wrote:
    "Tariffs are a tax cut for the American people" -- Karoline Leavitt
    turns reality upside down, then gets mad at an AP reporter after he
    pushes back

    Video: 1:13 minute

    https://bsky.app/profile/atrupar.com/post/3lk4n3ltaus2y

    https://people.com/ferris-bueller-clip-goes-viral-amid-trump-tariff-war-11691497
    Ferris Bueller Clip Goes Viral amid Trump's Tariff War for Its
    Painfully Simple Economy Lesson

    "Ferris Bueller is strikingly more instructive than 99.99% of
    political commentators on tariffs," wrote one economics professor as
    Donald Trump's controversial tariffs take effect

    A scene from John Hughes' classic 1986 teen comedy movie Ferris
    Bueller's Day Off is going viral amid Donald Trump's tariff war.

    The scene shows a high school economics teacher talking to his
    uninterested students about the Smoot-Hawley Tariff Act, a real-life
    bill signed by President Herbert Hoover in 1930 that increased
    tariffs on imported goods. The law, which is being compared to
    Trump's recent actions, is often credited for worsening the Great
    Depression.

    The movie character, portrayed by Ben Stein, says while teaching a
    lesson to his class, "In 1930, the Republican-controlled House of
    Representatives, in an effort to alleviate the effects of the...
    Anyone? Anyone?" When he gets no reply, he answers his question
    himself: "Great Depression."

    The full scene:

    https://www.youtube.com/watch?v=uhiCFdWeQfA

    Ben Stein's father worked as an economist in the Republican-controlled
    Nixon (White) House. Bill Stein worked as a speechwriter for Nixon.

    Elijah
    ------
    Trump is too old to be likely to have watched Ferris Bueller

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  • From JAB@21:1/5 to *@eli.users.panix.com on Wed Mar 12 04:17:30 2025
    On Wed, 12 Mar 2025 05:17:59 -0000 (UTC), Eli the Bearded <*@eli.users.panix.com> wrote:

    Trump is

    Either attempting to increase his income via illicit means, or does
    not regularly read (or understand) journals/news (WSJ, etc).

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  • From D@21:1/5 to JAB on Wed Mar 12 11:22:02 2025
    On Tue, 11 Mar 2025, JAB wrote:

    "Tariffs are a tax cut for the American people" -- Karoline Leavitt
    turns reality upside down, then gets mad at an AP reporter after he
    pushes back

    Video: 1:13 minute

    https://bsky.app/profile/atrupar.com/post/3lk4n3ltaus2y

    This is incorrect. Science has proven that tariffs hurt everyone who will
    have to pay a higher price above market rates.

    --- SoupGate-Win32 v1.05
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  • From D@21:1/5 to JAB on Wed Mar 12 11:23:14 2025
    On Wed, 12 Mar 2025, JAB wrote:

    On Wed, 12 Mar 2025 05:17:59 -0000 (UTC), Eli the Bearded <*@eli.users.panix.com> wrote:

    Trump is

    Either attempting to increase his income via illicit means, or does
    not regularly read (or understand) journals/news (WSJ, etc).

    Insider trading of politicians in the US is not illegal. Trump would be a
    fool, not to take advantage of this legal loophole.

    --- SoupGate-Win32 v1.05
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  • From Theory11@21:1/5 to All on Wed Mar 12 12:52:06 2025
    On Wed, 12 Mar 2025 10:22:02 +0000, D wrote:



    On Tue, 11 Mar 2025, JAB wrote:

    "Tariffs are a tax cut for the American people" -- Karoline Leavitt
    turns reality upside down, then gets mad at an AP reporter after he
    pushes back

    This is incorrect. Science has proven that tariffs hurt everyone who
    will have to pay a higher price above market rates.

    It's certainly hurting everyone with any sort of investments at the
    moment anyway.

    The markets don't like uncertainty and with POTUS there's nothing
    certain about anything. Every day brings us something new. Still, it
    keeps Fox, MSNBC & CNN in business, so in a way he is good for American
    jobs.

    --
    https://www.theory11.com/

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  • From D@21:1/5 to All on Wed Mar 12 21:55:23 2025
    On Wed, 12 Mar 2025, Theory11 wrote:

    On Wed, 12 Mar 2025 10:22:02 +0000, D wrote:



    On Tue, 11 Mar 2025, JAB wrote:

    "Tariffs are a tax cut for the American people" -- Karoline Leavitt
    turns reality upside down, then gets mad at an AP reporter after he
    pushes back

    This is incorrect. Science has proven that tariffs hurt everyone who
    will have to pay a higher price above market rates.

    It's certainly hurting everyone with any sort of investments at the
    moment anyway.

    The markets don't like uncertainty and with POTUS there's nothing
    certain about anything. Every day brings us something new. Still, it
    keeps Fox, MSNBC & CNN in business, so in a way he is good for American
    jobs.


    No worries! It is just a time to buy. Personally I'll wait for 0.5-1 years
    or so and if we're down 20% or so I'll buy. I don't buy on these small
    swings we're seeing lately.

    --- SoupGate-Win32 v1.05
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  • From JAB@21:1/5 to nospam@example.net on Wed Mar 12 17:47:45 2025
    On Wed, 12 Mar 2025 11:22:02 +0100, D <nospam@example.net> wrote:

    "Tariffs are a tax cut for the American people" -- Karoline Leavitt
    https://bsky.app/profile/atrupar.com/post/3lk4n3ltaus2y

    This is incorrect. Science has proven that tariffs hurt everyone who will >have to pay a higher price above market rates.

    Karoline Leavitt is 27 years old, and Trump's White House press secretary...she tends to speak with a forked tongue.

    --- SoupGate-Win32 v1.05
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  • From Blueshirt@21:1/5 to All on Thu Mar 13 12:46:15 2025
    D wrote:


    On Wed, 12 Mar 2025, Theory11 wrote:

    On Wed, 12 Mar 2025 10:22:02 +0000, D wrote:

    On Tue, 11 Mar 2025, JAB wrote:

    "Tariffs are a tax cut for the American people" --
    Karoline Leavitt turns reality upside down, then gets
    mad at an AP reporter after he pushes back

    This is incorrect. Science has proven that tariffs hurt
    everyone who will have to pay a higher price above market
    rates.

    It's certainly hurting everyone with any sort of investments
    at the moment anyway.

    The markets don't like uncertainty and with POTUS there's
    nothing certain about anything. Every day brings us
    something new. Still, it keeps Fox, MSNBC & CNN in business,
    so in a way he is good for American jobs.

    No worries! It is just a time to buy.

    Hold.

    I reckon there's a bigger crash coming... this is only the
    beginning.

    Just wait until the US officially hits 'recession'... the
    markets won't like it and there will be 'bargains' galore.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From vallor@21:1/5 to All on Thu Mar 13 14:30:57 2025
    On Thu, 13 Mar 2025 12:46:15 GMT, "Blueshirt" <blueshirt@indigo.news>
    wrote in <xn0p394g3581lfu004@post.eweka.nl>:

    D wrote:


    On Wed, 12 Mar 2025, Theory11 wrote:

    On Wed, 12 Mar 2025 10:22:02 +0000, D wrote:

    On Tue, 11 Mar 2025, JAB wrote:

    "Tariffs are a tax cut for the American people" -- Karoline
    Leavitt turns reality upside down, then gets mad at an AP
    reporter after he pushes back

    This is incorrect. Science has proven that tariffs hurt everyone
    who will have to pay a higher price above market rates.

    It's certainly hurting everyone with any sort of investments at the
    moment anyway.

    The markets don't like uncertainty and with POTUS there's nothing
    certain about anything. Every day brings us something new. Still, it
    keeps Fox, MSNBC & CNN in business,
    so in a way he is good for American jobs.

    No worries! It is just a time to buy.

    Hold.

    I reckon there's a bigger crash coming... this is only the beginning.

    Just wait until the US officially hits 'recession'... the markets won't
    like it and there will be 'bargains' galore.

    As a frequent correspondent has written: "Try to catch a falling knife."

    --
    -v

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  • From JAB@21:1/5 to All on Thu Mar 13 13:04:07 2025
    On Thu, 13 Mar 2025 14:30:57 -0000 (UTC), vallor <vallor@cultnix.org>
    wrote:

    As a frequent correspondent has written: "Try to catch a falling knife."

    A piece of cake if the T-Borg sticks to his guns, where all stocks are
    going low.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Thu Mar 13 22:22:15 2025
    On Thu, 13 Mar 2025, JAB wrote:

    On Thu, 13 Mar 2025 14:30:57 -0000 (UTC), vallor <vallor@cultnix.org>
    wrote:

    As a frequent correspondent has written: "Try to catch a falling knife."

    A piece of cake if the T-Borg sticks to his guns, where all stocks are
    going low.


    That's why you stage your buys. You don't buy all at once. Divide up your purchases into 5 or 10 lots and buy continuously throughout the recession.

    That's what I did during corona. Worked great! =)

    --- SoupGate-Win32 v1.05
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  • From D@21:1/5 to Blueshirt on Thu Mar 13 22:21:19 2025
    On Thu, 13 Mar 2025, Blueshirt wrote:

    D wrote:


    On Wed, 12 Mar 2025, Theory11 wrote:

    On Wed, 12 Mar 2025 10:22:02 +0000, D wrote:

    On Tue, 11 Mar 2025, JAB wrote:

    "Tariffs are a tax cut for the American people" --
    Karoline Leavitt turns reality upside down, then gets
    mad at an AP reporter after he pushes back

    This is incorrect. Science has proven that tariffs hurt
    everyone who will have to pay a higher price above market
    rates.

    It's certainly hurting everyone with any sort of investments
    at the moment anyway.

    The markets don't like uncertainty and with POTUS there's
    nothing certain about anything. Every day brings us
    something new. Still, it keeps Fox, MSNBC & CNN in business,
    so in a way he is good for American jobs.

    No worries! It is just a time to buy.

    Hold.

    I reckon there's a bigger crash coming... this is only the
    beginning.

    Just wait until the US officially hits 'recession'... the
    markets won't like it and there will be 'bargains' galore.


    This is the truth! As always the question is... how long time to wait? I'm giving it at least 6 months I think.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Thu Mar 13 22:18:27 2025
    On Wed, 12 Mar 2025, JAB wrote:

    On Wed, 12 Mar 2025 11:22:02 +0100, D <nospam@example.net> wrote:

    "Tariffs are a tax cut for the American people" -- Karoline Leavitt
    https://bsky.app/profile/atrupar.com/post/3lk4n3ltaus2y

    This is incorrect. Science has proven that tariffs hurt everyone who will
    have to pay a higher price above market rates.

    Karoline Leavitt is 27 years old, and Trump's White House press secretary...she tends to speak with a forked tongue.


    I don't think she has studied much economics.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to nospam@example.net on Thu Mar 13 18:55:35 2025
    On Thu, 13 Mar 2025 22:18:27 +0100, D <nospam@example.net> wrote:

    Trump's White House press secretary

    I don't think she has studied much economics.

    Her job is too 'paint a rosy picture'
    ================

    What does paint a rosy picture of mean?

    idiom: to make something sound very good.

    --- SoupGate-Win32 v1.05
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  • From D@21:1/5 to JAB on Sat Mar 15 11:59:43 2025
    On Thu, 13 Mar 2025, JAB wrote:

    On Thu, 13 Mar 2025 22:18:27 +0100, D <nospam@example.net> wrote:

    Trump's White House press secretary

    I don't think she has studied much economics.

    Her job is too 'paint a rosy picture'
    ================

    What does paint a rosy picture of mean?

    idiom: to make something sound very good.


    Ahh, she is an artist! =D

    --- SoupGate-Win32 v1.05
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