Trumponomics

[Random Rooster]

All this in just 50 days! Imagine what its going to be like in 12 months.Anyone want to guess?

[Andrew Walker]

Fancy that a politician a actually doing the things he said he would do

[Barron's Dream]

He is a truly great man.

[Big Dog]

Not everything is going to plan. Democrat judges have been blocking DOGE's mandate. Hopefully the swamp is finally drained.

[mightyrooster]

Better make sure your superannuation is in the low risk cash option at the moment especially if you’re close to retirement.

[Jacks Fur Coat]

As Rita Panahi said. with President Trump in charge it's like Christmas every day!

[King Salvo]

All know international trade is not a level playing field so placing across the board Tariffs is not going to address that

The Chinese commo party heavily subsidises their industries up to 50%

Their Car industry for an example - preferential financing, direct grants, cheap land for the factories, below market rates for the raw materials and of course low labour costs

Chinese manufactures can churn out cars at a cost of between 7k to 15k depending on the model and features and sell them for below the cost of production in Europe/US for an example

Wages are as low as $3.60 USD per hour vs the the average of $28 USD per hour in the US and 33 Euro's in Europe ( 35.99 USD).

In reality you would have Tariffs of between 200 to 400% on Chinese Cars to "level the playing field" which isn't going to happen.

Trump didn't learn much from his first term and trade war with China - Had to spend 100's of Billions of Dollars of US Tax Payers money compensating industries and sectors for lost exports.

Interesting to read that Trump is also now eying off a minerals deal with the DR Congo who are estimated to have 24 trillion US of untapped resources - including cobalt, gold and copper.

Currently a war going on in DR Congo between the National Military and the M23 Rebel Group so Trump will need to do a deal pretty quick - could always ask his mate Putin to help out - Another carve up.

[Random Rooster]

Scorecard thus for the MAGA working class- all "from day 1"

Falling prices for consumers, particularly for food? NO.
Lower interest rates? NO.
Faster economic growth? NO.
Reducing inflation? NO.

Tax;

No tax on tips? NO
Eliminate taxes on social security for elderly? NO
Make interest on cars fully tax deductable NO
Drop taxes on companies that manufacture in the US from 21% to 15% NO
Make expiring tax cuts permanent? HELL NO
Eliminate taxes on overtime pay NO
Impose trade tariffs YES

Health:

Health plan to replace Obamacare? Still waiting for that since 2016
Make IVF free forcing insurance companies to pay : Of course not
Withdraw from the WHO; YES

Foreign Policy:

End the Ukraine Russia war "even before i reach the Oval office" NO
The release of all hostages by Hamas on day 1 of his presidency " or there will be hell to pay" NO

Energy;
Withdraw from the Paris Argeement YES
Abolish Bidens atuo emissions rule : YES
Declare a national energy emergency to "drill baby drill" YES

Immigration- (and this is the only one MAGA care about because the illegal aliens were coming in and killing and raping and stealing their jobs )

ALL KEPT!

[Random Rooster]

As Rita Panahi said. with President Trump in charge it's like Christmas every day!

It sure is for Rita's boss! The sooner the old boy kicks the bucket and James and his sisters take control of News Ltd, the better!

[caz]

unfair to judge a presidency after such a short time but opinion polls are saying the yanks aren't happy

[Barron's Dream]

unfair to judge a presidency after such a short time but opinion polls are saying the yanks aren't happy

Oh Silly Billy

[horrie hastings]

Better make sure your superannuation is in the low risk cash option at the moment especially if you’re close to retirement.

Just checked my balance uggggh, but i have seen dips like it before, but your key words close to retirement and that i am .

[King Salvo]

Trump's policies seem to be thought bubbles without much thought going into them - More Brainstorming like where a bunch of folk get together to throw up ideas on how to solve certain problems mostly in a business and workplace situation - Hardly ever acted on by Management though

Being President of a Country is not the time or place to use thought bubbles and brainstorming techniques to devise policies which have domestic and international consequences

Having a VP who is clearly out of his depth in a boat anchor like Vance is problem as well but surely much more experienced political folk could be sounded out - caucuses etc to formulate clear and concise Domestic and International policies.

Already Trump has backed down on some of these Tariffs imposed on Canada and Mexico but not Australia - 30 day reprieve.

I can hear a Keating statement coming - " The Recession We Had To Have"

[mightyrooster]

Just checked my balance uggggh, but i have seen dips like it before, but your key words close to retirement and that i am .

Yeah exactly. I can’t access mine till I reach preservation age but that is getting very close.

[mightyrooster]

Trump's policies seem to be thought bubbles without much thought going into them - More Brainstorming like where a bunch of folk get together to throw up ideas on how to solve certain problems mostly in a business and workplace situation - Hardly ever acted on by Management though

Being President of a Country is not the time or place to use thought bubbles and brainstorming techniques to devise policies which have domestic and international consequences

Having a VP who is clearly out of his depth in a boat anchor like Vance is problem as well but surely much more experienced political folk could be sounded out - caucuses etc to formulate clear and concise Domestic and International policies.

Already Trump has backed down on some of these Tariffs imposed on Canada and Mexico but not Australia - 30 day reprieve.

I can hear a Keating statement coming - " The Recession We Had To Have"

Exactly.