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I can’t afford this Trump economy

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Could Trump be gaming the markets at Elon's direction with all this tariffs, no tariffs, extra tariffs, hold on tariffs maybe next Tuesday, oh no tariffs right now?

I'm not in favor of indiscriminate tariffs against Canada and Mexico because we have a trade agreement with them. However, I'm not 100% opposed to ANY tariffs ever. I just think they should be soberly considered and deliberately enacted as to have the least amount of harm to the overall economy. I'm even okay if there is a valid argument that Mexico and/or Canada are engaging in unfavorable trade practices in regard to the U.S. and those tariffs are specifically targeted at addressing those practices. I just want them to be clear, intentional, and consistent.

We have had nothing but chaos.
 
LogGrad98 said:
But the billionaires have put so much effort into making SOCILISM the ultimate boogey-man, there is no way anyone can gain any perspective on it. And the only group we do have spend any appreciably amount of time overseas are doing it as part the only truly socialist part of our society, the military. So they can feel like they are still true blue 'murrcans while living as purely socialist as any group of americans ever do. But boy just try telling one of them that. I had this discussion with a friend of ours during the first Trump admin, a guy who served 20+ years in the army. Had 3 kids all delivered on base hospitals, lived in Germany, Korea, somewhere else, can't remember. When I asked him what he paid out of pocket for his kids, it was nothing of course. What did he pay for dental? Nothing. How about clothing and food, all subsidized and cheap cheap cheap, really missed going to the commissary. When I pointed out that was straight up socialism he flew off the handle. No it wasn't it was him serving his country and being compensated for that. I asked what he did most of the time, like in Germany, for instance. Well, he spent a lot of time working with a civilian group arranging activities for the youth of the families that were serving there (one of our own here did something like this in a civilian capacity in Germany as well). Oh he did his tours in country, Iraq and Afghanistan, but he spent the rest of his time in logistics and in coordinating civilian activities and such. He just could not see that he was living in a socialist environment and that it worked very very well, and why can't we all live like that? No, socialism will always be the bad guy, it will take a monumental effort to change that in any meaningful way. And we will continue to slide down the list of developed nations as our cost of health care and health care outcomes have steadily dropped over the past 50 years. It will get way way way worse before it gets better, if it ever does. We are firmly THE capitalist society in this global experiment and we are winning in literally only one metric: who has the most billionaires and millionaires. That is the only place we are winning. Oh and who has the most wealth in the fewest hands. We win that by a landslide in all but third world dictatorships, and thanks to the Insane Orange Clown Posse we might leave a few of them in the dirt in that race too before all is said and done.
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The top 1% in the U.S. own 30% of the wealth. The bottom 50% own 5%. And 2781 billionaires of the world control $14.2 trillion while the top 1% in the U.S. control $43 trillion.
 
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Welp my most basic investments, in a rollover IRA I have had for years, I am down over 10% since Feb 20th, all of it invested in various index funds, just something I use as a "set it and forget it" kind of portfolio. I am also using other investments to get a down payment for a house together, and those have lost even more, being in more stocks than bonds, kind of thing. So now my house purchase is at risk. Luckily I liquidated some of it a couple weeks ago to stabilize the losses. Can we stop winning now and go back to 2024? I gained a ****-ton in 2024 even on my index funds, and now we have wiped out more than half of those gains in a month. But I sure hope we can free up enough money to bail out poor Tesla, as Elon dropped in the richest men rankings, and we can't have that. He needs to be on top, we better use all of our social security and medicaid to prop him up, poor poor Musk. So sad to not be the richest billionaire in the world, how can he stand it? But with the obvious favoritism from the white house, I am sure he will be fine. Most retirees on fixed income will be happy to stop paying all their bills to help get poor poor Musk back into the top spot. After all, that is our focus as a nation right now: #1) prop up the billionaires, #2) build "Russia West" and expand our fascist state, and #3) gut the federal government to fund #1 and #2. Those are our new priorities. We finally reached the pinnacle of conservatism and capitalism, long reign King Musk and his lackey, the Orange God-jester.
 
LogGrad98 said:
But the billionaires have put so much effort into making SOCILISM the ultimate boogey-man, there is no way anyone can gain any perspective on it. And the only group we do have spend any appreciably amount of time overseas are doing it as part the only truly socialist part of our society, the military. So they can feel like they are still true blue 'murrcans while living as purely socialist as any group of americans ever do. But boy just try telling one of them that. I had this discussion with a friend of ours during the first Trump admin, a guy who served 20+ years in the army. Had 3 kids all delivered on base hospitals, lived in Germany, Korea, somewhere else, can't remember. When I asked him what he paid out of pocket for his kids, it was nothing of course. What did he pay for dental? Nothing. How about clothing and food, all subsidized and cheap cheap cheap, really missed going to the commissary. When I pointed out that was straight up socialism he flew off the handle. No it wasn't it was him serving his country and being compensated for that. I asked what he did most of the time, like in Germany, for instance. Well, he spent a lot of time working with a civilian group arranging activities for the youth of the families that were serving there (one of our own here did something like this in a civilian capacity in Germany as well). Oh he did his tours in country, Iraq and Afghanistan, but he spent the rest of his time in logistics and in coordinating civilian activities and such. He just could not see that he was living in a socialist environment and that it worked very very well, and why can't we all live like that? No, socialism will always be the bad guy, it will take a monumental effort to change that in any meaningful way. And we will continue to slide down the list of developed nations as our cost of health care and health care outcomes have steadily dropped over the past 50 years. It will get way way way worse before it gets better, if it ever does. We are firmly THE capitalist society in this global experiment and we are winning in literally only one metric: who has the most billionaires and millionaires. That is the only place we are winning. Oh and who has the most wealth in the fewest hands. We win that by a landslide in all but third world dictatorships, and thanks to the Insane Orange Clown Posse we might leave a few of them in the dirt in that race too before all is said and done.
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Maybe the electorate should pick up a book? Or use their brains? Or use their memories to realize that they’ve been lied to many many many times by these billionaires? I mean… again, the electorate as the power to change things. They choose not to. Race and misogyny consistently get in the way of the American electorate in ways that other countries don’t. Germany had a female head of state just a few years ago. As did the UK. As did NZ. America? Ew. Females are moody and unpredictable, as if Trump has been the model for calm effective leadership.

Like how many ****ing times must Americans choose between a candidate promising health care for all and a candidate promising trickle down (free monies for the richest) and the morons choose, “der health care is socialism. I’m going with guy tinkle down cuz I’m gonna be a millionaire too someday! Der”
 
The Thriller said:
Maybe the electorate should pick up a book? Or use their brains? Or use their memories to realize that they’ve been lied to many many many times by these billionaires? I mean… again, the electorate as the power to change things. They choose not to. Race and misogyny consistently get in the way of the American electorate in ways that other countries don’t. Germany had a female head of state just a few years ago. As did the UK. As did NZ. America? Ew. Females are moody and unpredictable, as if Trump has been the model for calm effective leadership.

Like how many ****ing times must Americans choose between a candidate promising health care for all and a candidate promising trickle down (free monies for the richest) and the morons choose, “der health care is socialism. I’m going with guy tinkle down cuz I’m gonna be a millionaire too someday! Der”
Click to expand...
There are lots of things they should do, but straight up just won't, and we know that. It is a known issue that isn't going away as long as we denigrate true news media, push news media further into the sound-bite spaces of Xtwitter and facebook and tiktok, et al, and elevate these pseudo-news sources as viable and authentic, which they decidedly are not. However, the vast majority of the electorate get their "news" from these pseudo-sources. And frankly, there is virtually no way to break that trend, especially with the current "administration" (needs to be in quotes since they are destroying and decidedly NOT administering anything productive for our society) who feeds and feeds off of the hysteria. So that is a pie in the sky way of thinking right now. But it is a battle that needs to be waged, sooner rather than later, to try to wrest back control of the minds that are so entangled in the web of lies and deceit. But it will NOT come from the electorate themselves picking up a book or anything of the like, it will require fierce intervention and trench warfare in the information space to get their way of thinking to start changing. If we can't do that, or won't, or stay on our high horses, then the battle is lost and we may as well welcome the coronation of King Musk, and his Jester, Trump.
 
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Europe v. Red states.

apnews.com

Canada and the EU swiftly retaliate against Trump's steel and aluminum tariffs

European Commission President Ursula von der Leyen said as the United States is “applying tariffs worth 28 billion dollars, we are responding with countermeasures worth 26 billion euros,” or about $28 billion.
apnews.com apnews.com

The EU measures will cover goods from the United States worth some 26 billion euros ($28 billion), and not just steel and aluminum products, but also textiles, home appliances and agricultural goods. Motorcycles, bourbon, peanut butter and jeans will be hit, as they were during President Donald Trump’s first term.

The EU duties aim for pressure points in the U.S. while minimizing additional damage to Europe. The tariffs — taxes on imports — primarily target Republican-held states, hitting soybeans in House speaker Mike Johnson’s Louisiana, but also beef and poultry in Kansas and Nebraska. Produce in Alabama, Georgia and Virginia is also on the list.
 
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