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Posted
On 2/4/2025 at 1:18 PM, Big girl said:

Nope. Trump increased the deficit.

The deficit is the difference between annual receipts and expenses. The debt is what we have to borrow to finance the deficits. Trump set records on both scores.

Posted
38 minutes ago, CardinalBacker said:

Well, my 401k has officially fallen below what it was worth back when Biden/Harris were running things.  

Get a new advisor or if you're doing it yourself - stop.......As of March 2nd, I'm down about .89% 

That does not put me back 4 years ago

Posted
On 3/7/2025 at 12:05 PM, Big girl said:

Didn't he pause the additional tarrifs for Mexico, because he respects the President of Mexico?

Imposing tariffs are a last resort option.  The threat is the main thing.  The reason why Trump is backing off is that the President of Mexico has came around to what Trump/America wanted.  Fair trade, better border control and help with the cartels.  I'm sure there are more.  But, you have to have the weight behind the threats.  Everyone knows Trump doesn't play.  America first!  Again -- who can actually be against this?! 

@mat  

Posted
55 minutes ago, Reagan said:

Imposing tariffs are a last resort option.  The threat is the main thing.  The reason why Trump is backing off is that the President of Mexico has came around to what Trump/America wanted.  Fair trade, better border control and help with the cartels.  I'm sure there are more.  But, you have to have the weight behind the threats.  Everyone knows Trump doesn't play.  America first!  Again -- who can actually be against this?! 

@mat  

Good post, tariffs are a bargaining tool that hopefully isn’t needed.

Trump knows exactly how to use them.

Posted
1 hour ago, Reagan said:

Imposing tariffs are a last resort option.  The threat is the main thing.  The reason why Trump is backing off is that the President of Mexico has came around to what Trump/America wanted.  Fair trade, better border control and help with the cartels.  I'm sure there are more.  But, you have to have the weight behind the threats.  Everyone knows Trump doesn't play.  America first!  Again -- who can actually be against this?! 

@mat  

I understand the tool of tariffs but he’s changing every week totally jacking up the market and other industry relations. It’s a temporary halt until April 2, then he’ll do it all over again.

Posted
3 hours ago, Reagan said:

Imposing tariffs are a last resort option.  The threat is the main thing.  The reason why Trump is backing off is that the President of Mexico has came around to what Trump/America wanted.  Fair trade, better border control and help with the cartels.  I'm sure there are more.  But, you have to have the weight behind the threats.  Everyone knows Trump doesn't play.  America first!  Again -- who can actually be against this?! 

@mat  

I think he said that they tarriffs are not on pause anymore. I can't keep up

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