Trump Administration Updates
- Thread starter TigerGrowls
- Start date
April 2nd is huge!!!
Once the tariffs go into effect on Apr 2nd, the USA trade policy will be changed for a very long time, if not forever. It's an inflection point. This is a very big deal, and I don't think most people understand the inflection point we are about to make. Some of the big money understands, hence the trillions pouring into the country.
We are switching from using trade policy to push foreign policy to using trade policy to push economic policy.
China adopted our type of trade policy with its belt and road to drive countries into their sphere of influence.
We were losing with that trade policy because we couldn't match slave labor, automation in manufacturing, and government controlling the private sector.
Even though with open borders driving down wages and more and more government control of the private sector with regulations, we tried.
Trump is totally abandoning that policy and that losing war.
He is starting a whole new battle using our middle class to fight it. Increasing our middle class with protection tariffs, securing our border to increase our middle-class wages. Using those wages and the increased purchasing power to make the USA the place to be to soak up supply.
The revenues from tariffs will allow taxes to be reduced, creating more demand.
China can not match that demand because their middle class doesn't have the means, and their government will never allow their middle class to amass the means. It's totally opposed to marxism to have a rich, vibrant middle class.
As we know, governments, in general, once they latch onto a new revenue stream fighting to end, it is a multigenerational battle(see income tax)
APR 2ND is going to be game-changing.
Once the tariffs go into effect on Apr 2nd, the USA trade policy will be changed for a very long time, if not forever. It's an inflection point. This is a very big deal, and I don't think most people understand the inflection point we are about to make. Some of the big money understands, hence the trillions pouring into the country.
We are switching from using trade policy to push foreign policy to using trade policy to push economic policy.
China adopted our type of trade policy with its belt and road to drive countries into their sphere of influence.
We were losing with that trade policy because we couldn't match slave labor, automation in manufacturing, and government controlling the private sector.
Even though with open borders driving down wages and more and more government control of the private sector with regulations, we tried.
Trump is totally abandoning that policy and that losing war.
He is starting a whole new battle using our middle class to fight it. Increasing our middle class with protection tariffs, securing our border to increase our middle-class wages. Using those wages and the increased purchasing power to make the USA the place to be to soak up supply.
The revenues from tariffs will allow taxes to be reduced, creating more demand.
China can not match that demand because their middle class doesn't have the means, and their government will never allow their middle class to amass the means. It's totally opposed to marxism to have a rich, vibrant middle class.
As we know, governments, in general, once they latch onto a new revenue stream fighting to end, it is a multigenerational battle(see income tax)
APR 2ND is going to be game-changing.
It’s not the 1950s. Your average middle class person isn’t working in a steel mill anymore.
The American economy is strong exactly because we buy up everything from everywhere at deficit.
With tariffs, Wall Street suffers, and the average consumer pays more with the elaborate and unnecessary gamble that the dollar will strengthen sufficiently at the expense of foreign currencies to make the beans add up.
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I am with Trump and his economic team. This is what we voted for. We shall see what's correct and what's not over the next 4 years.
.@SecScottBessent: "We are re-privatizing the economy, we are bringing down government spending, we are bringing down excess employment in the government sector... We are going to re-leverage the banking system. We are going to have all the new manufacturing jobs... We are going to get the affordability crisis fixed."
That guy is spot-on. The party of no common sense will not agree with any of that.
Let me repeat this just so everyone is clear. The FED is anti-Trump. During his 1st term, the FED increased interest rates to try to stop Trump's booming economy. This is why Trump doesn't like Powell. He knows Powell is pro establishment and anti-Trump. Now that Trump is getting inflation under control, Powell decides to sell into the market, pushing inflation back up. Let me repeat. The FED is never Trump
2019
"The Federal Open Market Committee lowers its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75%, as expected."
The rate in 2016 when Trump took office was .5%-.75%. After several rate increases in 2017 and 2018, it had risen to 2.25%–2.5%. By 2019, pressure on the Fed to cut rates was extremely high and not just from Trump. Bank of America/Merrill Lynch and others were calling for cuts.
The Fed raised rates in 2017 due to a strengthening economy and labor market. The Fed cut rates in 2019 and neither of these actions can be construed as anti-Trump, despite what the post was attempting to claim.
JUST IN: 🇺🇸 President Trump signs executive order enabling the US Treasury to modernize its payments system to reduce fraud, waste, and abuse :
– Gets rid of all of the 47 “independent” payment systems
– Makes use of the Do Not Pay list of fraudulent entities mandatory.
– Shares data within government for fraud detection.
– Checks that funds are available in budget before paying.
– Requires budget IDs and EINs.
