Trump 2.0: MAGAA

[kalm]

A quick and concise explanation of the reverse Robin Hood tax strategy. Similar in this way to Reagan raising taxes on the middle class 11 times.

Just like the Covid checks?

Sent from my SM-S928U1 using Tapatalk

No.

[BDKJMU]

A quick and concise explanation of the reverse Robin Hood tax strategy. Similar in this way to Reagan raising taxes on the middle class 11 times.

Just like the Covid checks?

Sent from my SM-S928U1 using Tapatalk

Like you saying if I gave you $100 then took back $11 that I took $11 from you. Overall Reagan cut taxes BIGLY for the middle class.

Wrong like all the other ‘experts‘ (and I doubt Wolfers is an ‘expert‘.)

4/4
Fed Chair Powell says tariffs likely to cause inflation to rise, could be persistent
https://www.foxbusiness.com/economy/fed ... istent.amp

8/20

Last Friday in Jackson Hole, Federal Reserve Chairman Jay Powell finally – and grudgingly – admitted what the Trump team has been saying all along: tariffs don’t fuel inflation.

https://www.foxnews.com/opinion/what-fe ... iphany.amp

[kalm]

We are resembling Russia more and more. Another example:

For nearly half a century, the State Department has reported annually on human-rights conditions in countries around the world. The purpose of this exercise is not to cast aspersions, but to collect and disseminate reliable information. Congress mandated the reports back in 1977, and since then, legislators and diplomats have used them to shape decisions about sanctions, foreign aid, immigration, and political asylum…….

Because the reports were perceived as relatively impartial, because they tried to reflect well-articulated standards—“internationally recognized individual, civil, political, and worker rights, as set forth in the Universal Declaration of Human Rights”—and because they were composed by professionals reporting from the ground, the annual documents became a gold standard, widely used by people around the world, cited in court cases and political campaigns. Year in and year out, one former official told me, they have been the most downloaded items on the State Department website……..

Normally the reports, which cover the previous year, are filed by diplomats in US embassies around the world, then compiled and published in March or April. But this year they were delayed while President Donald Trump’s political appointees, including Michael Anton, the MAGA intellectual who is now the State Department’s director of policy planning, rewrote the drafts. The result was transformational…………

Some of the changes affect the whole collection of documents, as entire categories of interest were removed. The Obama administration had previously put a strong focus on corruption, on the grounds that kleptocracy and autocracy are deeply linked, and it started collecting information on the persecution of sexual minorities. Over the past few weeks, as the new reports were being prepared, I spoke with former officials who had seen early versions, or who had worked on the reports in the past. As many of them expected, the latest reports do not address systemic discrimination against gay or trans people, and they remove observations about rape and violence against women.
But the revisions also go much further than expected, dropping references to corruption, restrictions on free and fair elections, rights to a fair trial, and the harassment of human-rights organizations. Threats to freedom of assembly are no longer considered sufficiently important to mention. In a number of instances, criticism of Israel is classified, crudely, as “antisemitism.” Brazilian President Luiz Inácio Lula da Silva’s use of the word genocide to describe the war in Gaza, for example, is listed as an act of “antisemitism and antisemitic incitement,” even though that term, however disputable or controversial, has also been used by Israelis and in any case violates no international human-rights norms at all…………

This is a truly revolutionary change: The United States has abandoned any objective standards in its use of the language of human rights. Instead, the MAGA ideologues will now do what dictatorships do: cynically use that language to mean whatever they want it to mean. Most notably, they will now use it to help their ideological allies and damage their ideological enemies. Among the former is El Salvador:

https://open.substack.com/pub/anneapple ... medium=ios

[kalm]

Especially communist dictatorships.

[kalm]

And right on cue.

[Caribbean Hen]

Especially communist dictatorships.

The Commies are stealing our technology

Why aren’t you concerned about Communist China ?

[Bobcat]

He is communist China

[UNI88]

Especially communist dictatorships.

The Commies are stealing our technology

Why aren’t you concerned about Communist China ?

Can't he be concerned about communist china and trump's attempts to turn the US into a communist regime?

[Caribbean Hen]

The Commies are stealing our technology

Why aren’t you concerned about Communist China ?

Can't he be concerned about communist china and trump's attempts to turn the US into a communist regime?

I’m pretty sure all he is doing is taking Joeys CHIPS money that was targeted for grants and converting them into Intel shares

Instead of grant money being stolen and the US taxpayers losing money, this way, the US will make money

Protects technology

[BDKJMU]

81% of Americans see crime as a 'major problem' in big cities, new poll shows[/quote]
53% approve of president's crime crackdown methods
https://www.foxnews.com/us/majority-ame ... crime-poll

[UNI88]

81% of Americans see crime as a 'major problem' in big cities, new poll shows
253% approve of president's crime crackdown methods
https://www.foxnews.com/us/majority-ame ... crime-poll

253% is a beyond unanimous support.

[UNI88]

Can't he be concerned about communist china and trump's attempts to turn the US into a communist regime?

I’m pretty sure all he is doing is taking Joeys CHIPS money that was targeted for grants and converting them into Intel shares

Instead of grant money being stolen and the US taxpayers losing money, this way, the US will make money

Protects technology

It's a bad idea. If the federal government owns part of a company they will be tempted to tilt the playing field in that company's favor. The market is more efficient and effective at allocating resources then the federal government. That was proven by the downfall of the USSR.

This is not something that a fiscal conservative would support.

[kalm]

I’m pretty sure all he is doing is taking Joeys CHIPS money that was targeted for grants and converting them into Intel shares

Instead of grant money being stolen and the US taxpayers losing money, this way, the US will make money

Protects technology

It's a bad idea. If the federal government owns part of a company they will be tempted to tilt the playing field in that company's favor. The market is more efficient and effective at allocating resources then the federal government. That was proven by the downfall of the USSR.

This is not something that a fiscal conservative would support.

[SeattleGriz]

I’m pretty sure all he is doing is taking Joeys CHIPS money that was targeted for grants and converting them into Intel shares

Instead of grant money being stolen and the US taxpayers losing money, this way, the US will make money

Protects technology

It's a bad idea. If the federal government owns part of a company they will be tempted to tilt the playing field in that company's favor. The market is more efficient and effective at allocating resources then the federal government. That was proven by the downfall of the USSR.

This is not something that a fiscal conservative would support.

So why have you been crying over Trump trying to get rid of dead government weight? Hilarious how you suddenly change your tune.

[Caribbean Hen]

I’m pretty sure all he is doing is taking Joeys CHIPS money that was targeted for grants and converting them into Intel shares

Instead of grant money being stolen and the US taxpayers losing money, this way, the US will make money

Protects technology

It's a bad idea. If the federal government owns part of a company they will be tempted to tilt the playing field in that company's favor. The market is more efficient and effective at allocating resources then the federal government. That was proven by the downfall of the USSR.

This is not something that a fiscal conservative would support.

trusting Democrats with 9 billion in grants is a bad idea

The money is in the market

Also Trump and his administration are concerned about China’s evil plans and I think it’s about time an administration is doing something about it instead of enabling the lying Chinese

[UNI88]

It's a bad idea. If the federal government owns part of a company they will be tempted to tilt the playing field in that company's favor. The market is more efficient and effective at allocating resources then the federal government. That was proven by the downfall of the USSR.

This is not something that a fiscal conservative would support.

trusting Democrats with 9 billion in grants is a bad idea

The money is in the market

Also Trump and his administration are concerned about China’s evil plans and I think it’s about time an administration is doing something about it instead of enabling the lying Chinese

Trusting trump and the US government taking a stake in a private company are worse ideas.

Then why does he keep giving china extensions on their tariffs? Why does he support their tik tok spying machine? Why would he allow Nvidia and AMD to sell advanced AI chips to China?

He talks tough but TACO rules the day.

[kalm]

[Bobcat]

Good

[kalm]

When Trump brought in the Guard to clean up DC, he wasn’t messing around.

[kalm]

The next president is a sharp one.

[UNI88]

Trump has resurrected one of economics’ oldest fallacies

Should the goal of U.S. trade policy be to raise an army of millions of Americans to assemble iPhones, as Commerce Secretary Howard Lutnick suggested? Not if it comes at the expense of better jobs — for example, designing iPhones. If a $25,000 assembly job displaces a $125,000 design job, Americans aren’t $25,000 richer — we’re $100,000 poorer, and plus we will be stuck paying much higher prices for iPhones. Dave Chappelle had it right: Americans want to buy iPhones, not make them.

Today’s protectionists echo this fallacy with uncanny precision. The fact that trade gets such a bad rap in American politics today is a sad testimony to this myth’s resilience. Tariffs are a clever way for politicians to smash economic windows, then brag about the jobs they create to fix them.

When Trump hails the “return” of American manufacturing thanks to his tariffs, he is cleverly drawing our attention to that which is seen: Look! New factory jobs! New, American-made products! But beware the sleight of hand. Those gains, while real for a few, come at a hidden cost to the many.

Economists often focus on the visible consequences of tariffs (higher prices). It’s an understandable instinct, since tariff surcharges are easy to point out. But Bastiat’s parable highlights the unseen consequences — difficult to measure, impossible to point to, but they’re every bit as real and destructive to the economy.

Free trade, in contrast, avoids breaking windows in the first place. Buying cheaper imports saves Americans money, which they can spend, save, and invest elsewhere in the economy. Globalization doesn’t merely give us cheap washing machines and plentiful dolls. It frees us to specialize in better, higher-paying jobs.

The result isn’t a hollowing out of the middle class or a “giant sucking sound” of jobs leaving the country — it is mass flourishing.

[Bobcat]

[UNI88]

[Caribbean Hen]

What is hilarious Is that “educated” people were more likely to vote for Harris

Which only proves the education system needs to be improved drastically because anybody that voted for her is a moron

[kalm]

What is hilarious Is that “educated” people were more likely to vote for Harris

Which only proves the education system needs to be improved drastically because anybody that voted for her is a moron

Indeed. It does need improvement. Critical thinking skills, civics, personal finance, philosophy, history…all need greater emphasis.