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Business, Economics, and Taxes: Eat Cereal for Dinner

French Rage said:
Yup, exactly what I've been saying. Listen, if you felt bringing (nearly all) manufacturing back to the US was the most important thing, you would need a comprehensive set of legislation both on tariffs and on all of the other economic policies around that to not only encourage building factories but making sure all of the supply chain, transportation, power, ports, etc. were all in place to handle this massive change of how things move about the country and the economy, and this would all need to be carefully considered and planned with a 10-20 year horizon, if not even longer. There would still be a great argument about why you should not do any of that, mind you, but if you bothered to take the time to work out all of those details and take the effort to get it all into place I could at least respect you for following through on your vision and doing all of the legwork. But screaming different random tariffs into existence one week only to completely change your mind the next, without the slightest concern to all of the other details, is not doing that. No even-remotely-sane business leader is going to spend several years building $10-$100M worth of facilities, which would only pay off if it operates economically for decades, on decisions that change several times a month.
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The best part of all this is that they want companies to build factories here but they’re also drastically increasing the cost to build said factories by putting tariffs on the materials and equipment needed to build them.
 

Acyn (@acyn.bsky.social)

Carney: The system of global trade anchored on the United States.. is over. Our old relationship of steadily deepening integration with the United States is over. The 80 year period when the United States embraced the mantle of economic leadership… is over.
bsky.app bsky.app

Seriously can this guy help the Dems with messaging...
 
Handyman said:
There is a clown (former CEO of Toys 'R Us) on CNBC saying that all those retail companies that are being raped by the Vietnam tariffs can move manufacturing back here and make it work in 1-2 years. CNBC has the dumbest guests and the hosts are in full on cope mode...
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Was it Dave Brandon? He had such a great track record at Domino's, Michigan Athletics, and Toys 'R Us. He was proud of his "if it ain't broke, break it motto". I'm sure he has nothing but good advice and expert opinions :rolleyes:
 
Commerce Secretary Lutnick was on the entertainment channels saying that the tariffs aren’t going away anytime soon and that we should “trust Donald Trump to rebuild America’s broken economy.”
 
Jimjamesak said:
Commerce Secretary Lutnick was on the entertainment channels saying that the tariffs aren’t going away anytime soon and that we should “trust Donald Trump to rebuild America’s broken economy.”
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Yeah...I saw that. Total clownshow.
 
Handyman said:

Acyn (@acyn.bsky.social)

Carney: The system of global trade anchored on the United States.. is over. Our old relationship of steadily deepening integration with the United States is over. The 80 year period when the United States embraced the mantle of economic leadership… is over.
bsky.app bsky.app

Seriously can this guy help the Dems with messaging...
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Mmmmm I don’t know, sounds too divisive…
 
Bwhahaahhahaha. I logged into my internet-connected computer at work for the first time in several hours, and the little news ticker at the bottom of my screen had a green light and a +13%, and I was like, "whoa - what stock actually went up today?"

Then I saw it was VIX.

So. Much. Winning.
 
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