The Inevitable New The Inevitable Trump Mocking Thread

Hüsker Dü said:
They can't recognize when they are being pulled around by the nose.
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Aaaawww Rodent.....why must you project so much !


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Trump Dings ‘Fake News Media’ For Blaming Traffic Congestion And Low Gas Prices On Him
November 21st, 2018
Trump-Laughing-e1542752083577.jpg

U.S. President Donald Trump laughs while hosting a CEO town hall on the American business climate at the Eisenhower Executive Office Building in Washington, U.S., April 4, 2017. REUTERS/Kevin Lamarque


President Donald Trump mocked the media Wednesday night for blaming his policies for low gas prices that some reports suggest are leading to heavy traffic congestion this holiday season.

“You just can’t win with the Fake News Media,” Trump wrote in a tweetahead of Thanksgiving Day. “A big story today is that because I have pushed so hard and gotten Gasoline Prices so low, more people are driving and I have caused traffic jams throughout our Great Nation. Sorry everyone!”






This is not the first time Wednesday the president has taken credit for helping Americans hit the road this season.

He thanked Saudi Arabia and the Organization of Petroleum Exporting Countries for helping him reduce oil prices. (RELATED: Trump Touts ‘Oil Prices Getting Lower’ As Millions Hit The Road For Thanksgiving)


“Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82,” Trump tweeted Wednesday morning. “Thank you to Saudi Arabia, but let’s go lower!”
 
Bruddah IZ said:
Don't forget the people like you who think they understand how the economy works.
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I dunno. I can afford my health insurance premium, so I'm feeling pretty good about my understanding.

I've heard some clever folks can't wrangle their premium. I'm sure it's just temporary, until their medicare kicks in...
 
Sheriff Joe said:
Free Trade Economists Fail: China Paying for Trump Tariffs - Not U.S.

https://www.google.com/url?sa=t&sou...MwA3oECAgQEQ&usg=AOvVaw16wP9Vy-UKiekI4oWTm5lc
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Yeah, genius. We're "only" paying 5% of the 25% (if you bothered to actually read the actual article, not that Breitbart word turd stew "analysis".) And maybe you missed that last sentence of the actual summary of the study...

“As the trade conflict escalates, however, the U.S. administration may not be able to restrict its selection to products with high import elasticities,” they wrote. “And U.S. welfare might decrease as more of the tariff incidence falls on U.S. consumers.”

In other words, right now, for the most part, tariffs have hit industries who can choose to shop outside of China, which means US companies moving to non-Chinese suppliers avoid some of the tariffs... but, as more tariffs kick in Jan, there are less and less of those industries. China just makes too much stuff too cheaply (and well). So more and more companies will be forced to simply eat or pass on the tariffs.

Another thing the article only addressed in passing: who will be able to force their citizens to endure the costs of the trade war longer, Trump in the free market US with elections looming, or Xi, President for life with control over party and government. I'll let you guess who will put up the costs of the trade war longer... or you could just watch the dow, and US growth forecasts between now and January when the next big wave takes affect.

I think Trump will have to find a way out of the tariff war - companies, soybean farmers and manufacturers are cranky already and as the economy inches close to low to flat growth, that 5% will become more important to margins.
 
Friesland said:
Yeah, genius. We're "only" paying 5% of the 25% (if you bothered to actually read the actual article, not that Breitbart word turd stew "analysis".) And maybe you missed that last sentence of the actual summary of the study...

“As the trade conflict escalates, however, the U.S. administration may not be able to restrict its selection to products with high import elasticities,” they wrote. “And U.S. welfare might decrease as more of the tariff incidence falls on U.S. consumers.”

In other words, right now, for the most part, tariffs have hit industries who can choose to shop outside of China, which means US companies moving to non-Chinese suppliers avoid some of the tariffs... but, as more tariffs kick in Jan, there are less and less of those industries. China just makes too much stuff too cheaply (and well). So more and more companies will be forced to simply eat or pass on the tariffs.

Another thing the article only addressed in passing: who will be able to force their citizens to endure the costs of the trade war longer, Trump in the free market US with elections looming, or Xi, President for life with control over party and government. I'll let you guess who will put up the costs of the trade war longer... or you could just watch the dow, and US growth forecasts between now and January when the next big wave takes affect.

I think Trump will have to find a way out of the tariff war - companies, soybean farmers and manufacturers are cranky already and as the economy inches close to low to flat growth, that 5% will become more important to margins.
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That's the dumbest post I have ever read.
 
Friesland said:
Yeah, genius. We're "only" paying 5% of the 25% (if you bothered to actually read the actual article, not that Breitbart word turd stew "analysis".) And maybe you missed that last sentence of the actual summary of the study...

“As the trade conflict escalates, however, the U.S. administration may not be able to restrict its selection to products with high import elasticities,” they wrote. “And U.S. welfare might decrease as more of the tariff incidence falls on U.S. consumers.”

In other words, right now, for the most part, tariffs have hit industries who can choose to shop outside of China, which means US companies moving to non-Chinese suppliers avoid some of the tariffs... but, as more tariffs kick in Jan, there are less and less of those industries. China just makes too much stuff too cheaply (and well). So more and more companies will be forced to simply eat or pass on the tariffs.

Another thing the article only addressed in passing: who will be able to force their citizens to endure the costs of the trade war longer, Trump in the free market US with elections looming, or Xi, President for life with control over party and government. I'll let you guess who will put up the costs of the trade war longer... or you could just watch the dow, and US growth forecasts between now and January when the next big wave takes affect.

I think Trump will have to find a way out of the tariff war - companies, soybean farmers and manufacturers are cranky already and as the economy inches close to low to flat growth, that 5% will become more important to margins.
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This is where we get to see how corporate tax cuts vs. Tariffs works out. One tax against the other.
 
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