Stock Market Losses Under Trump

[baddog]

What happened? Did he pause some more tariffs? Heck no!!!!

[thetragichippy]

2 hours ago, CardinalBacker said:

Here’s the problem. We’ve got the second highest deficit recorded ever for the first half of fiscal year 2025. 

You can thank Biden......

2 hours ago, CardinalBacker said:

We have to cut spending and raise taxes, period. Anything else is not going to work.

DOGE......They are laying off unnecessary workers and cutting unnecessary spending..... Let them work.....

"raise taxes" - spoken like a true Democrat...

[Big girl]

10 minutes ago, thetragichippy said:

You can thank Biden......

DOGE......They are laying off unnecessary workers and cutting unnecessary spending..... Let them work.....

"raise taxes" - spoken like a true Democrat...

Yeah, right.😃😃😃

[LumRaiderFan]

31 minutes ago, thetragichippy said:

You can thank Biden......

DOGE......They are laying off unnecessary workers and cutting unnecessary spending..... Let them work.....

"raise taxes" - spoken like a true Democrat...

And if you want to know where the real problem lies, pay attention to who is complaining about what DOGE is doing.

[baddog]

How can the market be going up when it has been DESTROYED? 

[baddog]

Update: 45 minutes to close and it’s at 680. Just think how high it could go if it wasn’t destroyed.

[thetragichippy]

1 hour ago, Big girl said:

Yeah, right.😃😃😃

You really put a lot of thought in your response.......

[baddog]

25 minutes ago, thetragichippy said:

You really put a lot of thought in your response.......

It’s all you’re gonna get. I gave up on the fence post.

Silence is deafening from you haters. No policy changes from yesterday’s losses. How can it be??? When China says let’s level the playing field, it will skyrocket. 

[baddog]

As an aside for you haters who think about going after Trump for “INSIDER TRADING”……duhhhh….insider trading is a secret . Trump announced this to the whole world. How can that be classified as an INSIDER trade?????

619 to close. Do I hear silence??

[LumRaiderFan]

1 hour ago, baddog said:

How can the market be going up when it has been DESTROYED? 

lol, it seems to have risen from the ashes.

[Reagan]

I saw a meme that said:

I survived the Trump recession!     4/7/25 - 4/9/25!         LOL!!

[CardinalBacker]

4 hours ago, thetragichippy said:

You can thank Biden......

DOGE......They are laying off unnecessary workers and cutting unnecessary spending..... Let them work.....

"raise taxes" - spoken like a true Democrat...

No, sir… the cost don’t compare. DOGE’s questionable cuts don’t even begin to do anything about the debt. I think the last number I saw was that DOGE had saved 50 billion.   
 

That means that this year, after DOGE cuts, wellness need to 1.78 trillion instead of 1.83 trillion. The cuts mean nothing. There are too many people that aren’t contributing. Either because they won’t work, or they don’t pay income taxes (Trump, Musk, and the like). 
Nobody wants to see the old or sick do without, but our welfare system is simply an easy alternative to having a job. 
 

Plus the mountains and mountains of wasteful spending at all levels of government. Here’s the tricky part, though. Even if we borrow those funds to pass out wastefully, it still ends up back in the economy. Those EBT dollars? They still get spent and become part of our gdp. Our entire way of life has been a farce because we as a nation didn’t have the money to do all of those things. 

[CardinalBacker]

American exceptionalism is a thing of the past. We are no longer the big kid on the block. How are we supposed to stand up to China when they literally loan us the money that fuels our economy? We haven’t won an armed conflict since WWII. Which ended 80 years ago, btw. 
 

It’s time to make tough choices in America. 

[Reagan]

58 minutes ago, CardinalBacker said:

No, sir… the cost don’t compare. DOGE’s questionable cuts don’t even begin to do anything about the debt. I think the last number I saw was that DOGE had saved 50 billion.   
 

That means that this year, after DOGE cuts, wellness need to 1.78 trillion instead of 1.83 trillion. The cuts mean nothing. There are too many people that aren’t contributing. Either because they won’t work, or they don’t pay income taxes (Trump, Musk, and the like). 
Nobody wants to see the old or sick do without, but our welfare system is simply an easy alternative to having a job. 
 

Plus the mountains and mountains of wasteful spending at all levels of government. Here’s the tricky part, though. Even if we borrow those funds to pass out wastefully, it still ends up back in the economy. Those EBT dollars? They still get spent and become part of our gdp. Our entire way of life has been a farce because we as a nation didn’t have the money to do all of those things. 

Actually it's 150 Billion as of now.  Still a long way to go!

 

 

[baddog]

America is 4% of the world population and consumes 25% of the goods. WHO will suffer if America disappears? Think about it. Anti-American crap don’t sit right with me. 

[CardinalBacker]

11 minutes ago, baddog said:

America is 4% of the world population and consumes 25% of the goods. WHO will suffer if America disappears? Think about it. Anti-American crap don’t sit right with me. 

I’d agree, but we only pay for about 18%…. Borrowing the other 7% for a couple of decades has sunk our ship, I’m afraid. 

[baddog]

44 minutes ago, CardinalBacker said:

I’d agree, but we only pay for about 18%…. Borrowing the other 7% for a couple of decades has sunk our ship, I’m afraid. 

Doom and gloom

[CardinalBacker]

1 hour ago, baddog said:

Doom and gloom

It’s reality, my man… our debt is becoming our undoing. 
 

DOGE claims to have saved 150 billion in waste.  That’s a one time savings. Our debt payment for the first six months of this fiscal year was 582 billion. And that’s gonna be due again, and again, and again. And it’s only going to grow as more older debt matures and must be refinanced at today’s higher rates. And since we’re now borrowing 1 out of every three dollars the us spends, we’re screwed. 

[LumRaiderFan]

1 hour ago, baddog said:

Doom and gloom

lol, and if only those rich guys would pay their fair share, we’d all be saved.

[LumRaiderFan]

1 minute ago, CardinalBacker said:

It’s reality, my man… our debt is becoming our undoing. 
 

DOGE claims to have saved 150 billion in waste.  That’s a one time savings. Our debt payment for the first six months of this fiscal year was 582 billion. And that’s gonna be due again, and again, and again. And it’s only going to grow as more older debt matures and must be refinanced at today’s higher rates. And since we’re now borrowing 1 out of every three dollars the us spends, we’re screwed. 

It is not a one time savings, you know this.

 

[baddog]

1 hour ago, CardinalBacker said:

It’s reality, my man… our debt is becoming our undoing. 
 

DOGE claims to have saved 150 billion in waste.  That’s a one time savings. Our debt payment for the first six months of this fiscal year was 582 billion. And that’s gonna be due again, and again, and again. And it’s only going to grow as more older debt matures and must be refinanced at today’s higher rates. And since we’re now borrowing 1 out of every three dollars the us spends, we’re screwed. 

Please enlighten me. The status quo of decades past put us in this situation. Someone steps in to change the spending while cutting taxes and creating jobs, but all is lost. Staying the course would have surely been our doom, but trying to make a change is already too late?

 

[CardinalBacker]

8 hours ago, baddog said:

Please enlighten me. The status quo of decades past put us in this situation. Someone steps in to change the spending while cutting taxes and creating jobs, but all is lost. Staying the course would have surely been our doom, but trying to make a change is already too late?

 

Here’s the thing… the spending cuts are minuscule compared to the overspending. 
 

He’s also cutting taxes, not raising them. And unemployment numbers are up, not down-we’re losing jobs, not creating them. 
 

What is an American automaker supposed to do? Today there’s a 25% tariff on imports, so I start a five year plan to build a factory over here instead of elsewhere. Then the tariff gets paused for 90 days. Do I build? Do I wait? How can a business owner make future plans when the man at the controls is so erratic?

Pretend you own a metal building business. How can you bid a job when you don’t know what your cost of goods sold is good to be, because you don’t know what your pricing for steel will be… should you buy foreign or domestic? Gotta be careful, because the consumer will hire whoever is cheapest without a second thought of where the materials were sourced and you’ll be left with a bunch of overpriced inventory you can’t move. 
 

True story… a friend of mine bought some metal sheeting week before last and it was marked up 25% due to “the tariffs.” When he looks at the sheets they’re stamped “made in the USA.”  So he asked the guy, “wait… there aren’t any tariffs on this steel” and the guy says, “well, that’s what it’s going to cost us to replenish our stock after we sell this batch.”  
 

That, my friends, is inflation brought on by haphazard tariff policy that is 100% paid by the American consumer, not “CHI-NA.”  

[Big girl]

On 4/11/2025 at 3:03 PM, baddog said:

As an aside for you haters who think about going after Trump for “INSIDER TRADING”……duhhhh….insider trading is a secret . Trump announced this to the whole world. How can that be classified as an INSIDER trade?????

619 to close. Do I hear silence??

Inside trading is a secret?