The Economy
- Thread starter MajorRewrite
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MajorRewrite
Iffy
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Mentally disabled 86TintaNoitx2024 shares more ridiculous propaganda from its Xitter feed.
It needs to find a better source for its “thoughts”.
subdudeme13
Literotica Guru
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Trying to reason with MAGAts is like pissing into the ocean trying to raise the tide.
MajorRewrite
Iffy
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That’s a good read. Comprehensive data.
dmallord
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Trump couldn’t get Mexico to fund a southern border wall, but somehow managed to bankroll Canada’s northern trade wall—one that politely keeps American businesses out, paid for by U.S. tariffs. Canada’s got their own wall now—quietly built with Trump’s tariffs and our wallets.
A funny thing: Taco Trump still doesn’t have any of those “reciprocal tariffs” fully agreed upon and solidly in place. He’s waved executive orders around, pushed deadlines to August 1, sued courts, and basically, we’re all paying higher prices, but no concrete tariff wall actually stands. Meanwhile, Canada quietly rewrote a few lines, locked U.S. firms out of federal contracts, and never made a scene.
So yes, brag away about tariff revenue—but remember, it’s money drained from our pockets to fund… what exactly? An invisible border wall—but it's not on the map where MAGA thought it’d be.
A funny thing: Taco Trump still doesn’t have any of those “reciprocal tariffs” fully agreed upon and solidly in place. He’s waved executive orders around, pushed deadlines to August 1, sued courts, and basically, we’re all paying higher prices, but no concrete tariff wall actually stands. Meanwhile, Canada quietly rewrote a few lines, locked U.S. firms out of federal contracts, and never made a scene.
So yes, brag away about tariff revenue—but remember, it’s money drained from our pockets to fund… what exactly? An invisible border wall—but it's not on the map where MAGA thought it’d be.
Toldya the BLS is Deep State and not credibleMentally disabled 86TintaNoitx2024 shares more ridiculous propaganda from its Xitter feed.
It needs to find a better source for its “thoughts”.
Cause they are the source of the stat
Last edited:
BabyBoomer50s
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Today’s surprise headline from the Wall Street Journal. Surprising because Taco has more than quadrupled the average US tariff rate since “Liberation Day.”
The Global Economy Is Powering Through a Historic Increase in Tariffs
Trade, production, growth and other global economic vitals are proving resilient almost four months after President Trump’s ‘Liberation Day’ tariffs
Trade volumes are buoyant, stock markets on both sides of the Atlantic have rebounded to record highs and growth forecasts from Europe to Asia are being raised.
Investment, manufacturing employment, spending and overall activity all held up globally, according to Goldman Sachs.
The Global Economy Is Powering Through a Historic Increase in Tariffs
Trade, production, growth and other global economic vitals are proving resilient almost four months after President Trump’s ‘Liberation Day’ tariffs
Trade volumes are buoyant, stock markets on both sides of the Atlantic have rebounded to record highs and growth forecasts from Europe to Asia are being raised.
Investment, manufacturing employment, spending and overall activity all held up globally, according to Goldman Sachs.
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MajorRewrite
Iffy
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You keep telling us that the Trump administration is lying. You are mentally disabled.
MajorRewrite
Iffy
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The Fake Conservative continues to celebrate tariffs taking money from American businesses and citizens.
TACO did TACO on most of his tariffs, so it’s not surprising that the impact has been muted. August 1 is the new date that TACO might implement his promised taxes on American consumers, unless TACO TACOs again. So far, the stock markets are betting that TACO will always TACO.
Meanwhile, inflation has gone up in each of the last two months.
MajorRewrite
Iffy
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TrumpTariffs took a $1.1 billion bite from GM’s profits.
Trump’s new taxes on American businesses and consumers have an impact, despite what sheep try to tell us.
Trump’s new taxes on American businesses and consumers have an impact, despite what sheep try to tell us.
MajorRewrite
Iffy
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It’s excellent that AstraZeneca continues to invest in the US, as it did before.
no prior ACTUAL $$ INVESTMENT in teh US past 20 yrs except under Trump
AstraZeneca has made significant investments in the United States over the past 20 years, particularly in recent years. Here's a breakdown of their investments:
Major Investment Announcements:
AstraZeneca has made significant investments in the United States over the past 20 years, particularly in recent years. Here's a breakdown of their investments:
Major Investment Announcements:
- $50 Billion Investment (Announced July 2025): AstraZeneca plans to invest a massive $50 billion in the US by 2030, with a focus on manufacturing and research and development (R&D). This includes:
- New Manufacturing Facility in Virginia: A multi-billion dollar facility for producing drug substances, specifically for chronic diseases and weight loss treatments. This will be AstraZeneca's largest single manufacturing investment globally.
- Expansion of R&D Capabilities: Expanding existing R&D facilities in Gaithersburg, Maryland, and establishing a new R&D center in Cambridge, Massachusetts.
- New Cell Therapy Manufacturing Facilities: Developing facilities in Rockville, Maryland, and Tarzana, California.
- Upgrades to Existing Manufacturing Sites: Expanding continuous manufacturing in Mount Vernon, Indiana, and specialty manufacturing in Coppell, Texas.
- New Clinical Trial Supply Sites: Creating new locations to support clinical trials.
- $3.5 Billion Investment (Announced November 2024): This earlier investment focused on expanding an R&D center in Cambridge, Massachusetts, developing a biologics manufacturing facility in Maryland, and enhancing specialty manufacturing capabilities in Texas.
- Acquisitions: In 2007, AstraZeneca acquired Arrow Therapeutics and MedImmune, strengthening their antiviral and biologics pipeline. In 1994 and 1997, before the past 20 years but important for historical context, Zeneca (pre-merger) acquired Salick Health Care, increasing its focus on oncology.
- AI Partnerships: AstraZeneca has actively partnered with AI development companies and utilized AI platforms to discover and develop new drug targets, particularly in oncology and neurodegenerative diseases.
- Academic and Research Collaborations: AstraZeneca has engaged in partnerships with academic institutions, such as the Stanford Center for Clinical Research and the Yale-AstraZeneca Oncology Alliance, to advance research and address health challenges.
- Population Screening Initiatives: Working with organizations like the Greenbaum Cancer Center at the University of Maryland Cancer Hospitals to utilize AI for population screening.
- Clinical Trial Infrastructure: Partnering to expand clinical trial access and awareness, such as through the AIRE Mobile Unit program with IQVIA.
- These investments reflect the United States being AstraZeneca's largest market.
- They aim to strengthen the US supply chain and reduce reliance on foreign-made pharmaceuticals, particularly in response to potential tariffs on drug imports.
- The investments are expected to create numerous jobs and contribute significantly to the US economy.
MajorRewrite
Iffy
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Your original quote had this as the final line:
“This multi-billion dollar capital investment is in addition to the $3.5 billion announced in November 2024.”
It’s an announcement, exactly like the announcement you’re hyping up. You truly are remarkably mentally disabled.
dmallord
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But you copied and pasted this blurb that says it made significant investments in the past twenty years. I take it the second statement, from the manufacturer's spin, is more accurate than your first one about ONLY under the felon?
You can't prop up Trump by citing CHAT.gpt info that contradicts your own words, Bubba.
Rightguide
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How Trump’s Economy Continues To Defy The ‘Experts’ And Shock The ‘Panicans’
For the "experts," the rapid pace of the administration's economic agenda has been shocking. For President Trump, this was all a part of the plan.By Zach Jewell
•
Jul 21, 2025 DailyWire.com
https://dw-wp-production.imgix.net/2025/07/Donald-Trump-10-scaled-e1753115678636.jpg?ar=16%3A9&auto=compress&crop=faces&cs=origin&fit=crop&w=1035?ar=16:9&fit=crop&crop=faces&fm=webpAFP via Getty Images
In the first six months of President Donald Trump’s second term, one major theme has defined Trump’s economic record thus far: success that surprises the people who are paid to predict it.
It hasn’t been surprising for the president, who is carrying out his promise to revamp American manufacturing and boost American jobs, mainly by imposing unprecedented tariffs on nearly every country in the world. And it comes as economists who predicted large-scale inflation and market downturn over Trump’s bold economic agenda keep seeing economic metrics come across their desks showing the opposite.
Earlier this year, Americans were told to brace their wallets for rising inflation and prepare for a recession caused by Trump’s major tariffs, especially those levied on America’s biggest trading partners, China, Canada, and Mexico. In May, Goldman Sachs analysts said core goods inflation could hit 6.3% by the end of the year while consumer prices would spike 3.7% by early 2026, according to CNN.
The latest numbers on the U.S. economy fly in the face of the naysayers, branded by Trump as “panicans.” Late last week, the U.S. Census Bureau reported that June retail sales were up 0.6% from May and up 3.5% from last year. Food service and drinks sales jumped 6.6% from June 2024. Those numbers were, of course, better than what economists had predicted — a phrase that has become a monthly tradition since Trump stepped back into the White House
More here: https://www.dailywire.com/news/how-...es-to-defy-the-experts-and-shock-the-panicans
MajorRewrite should change her name to Private Revision.
YOU ARENT VERY BRIGHT!
MajorRewrite
Iffy
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Actual economic data I’ve shared in this thread:
- Inflation increased in each of the last two months.
- New home starts and permits are down, and the inventory of unsold new homes has grown to 2007 levels.
- Trump tariffs took $300 billion from American businesses and consumers so far.
- Unemployment continued claims are rising.
- The cost of gasoline is up since Trump took office.
- The cost of electricity is up since Trump took office, due to the rising price of natural gas.
- Tariffs reduced GM’s quarterly profit by $1.1 billion.
- Retail sales rebounded in June from a decline in May.
- The unemployment rate has remained at an impressively low level since December 2021.
- Stock market gains were basically zero for the first 6 months of the year.
dmallord
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Observant enough to spot your false claim and failure to source your references. It doesn't take much to point out glaring falsehoods. I've had lots of practice spotting those in Trump's daily dosages.
dmallord
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Your numbers are pretty much sound, as far as they go. However, cherry-picking the positives can shade those that are not doing so well. I picked your friend CHAT.gpt's brain, and it coughed up this for your conversation:
"Before we start declaring the economy bulletproof, let’s ask: whose economy are we talking about—and which parts are being spotlighted.
"Sure, retail sales are ticking up and inflation isn’t exploding. But those are surface-level snapshots that don’t capture deeper stress zones—and they certainly don’t mean everything is rosy.
"Trump’s tariffs have been a mixed bag—launched, delayed, renegotiated. That kind of uncertainty blunts the total impact. Some businesses bought ahead, others rerouted supply chains—so yes, the inflation bump’s been delayed, but not avoided.
"Meanwhile, sectors that don’t make for headlines are getting squeezed:
- Housing: Tariffs (and duties) on Canadian lumber and other building materials are projected to add $10,900–$14,000 to a typical new home’s construction cost. NAHB/Wells Fargo: $10,900 on average San Francisco Chronicle+4Investopedia+4San Antonio Express-News+4.
- Auto prices: The average transaction price for new vehicles in the U.S. is around $48,700–$48,900, and tariffs may be driving prices higher—potentially adding 4–8% to sticker prices, especially for sub‑$30K models Investopedia.
- Steel & copper: Domestic hot-rolled coil prices are up ~16% year-over-year at about $944/ton Yardeni Research. Even though galvanized steel dipped slightly, upstream costs remain elevated, pressuring manufacturers.
- Farmers: Tariffs and retaliatory measures have slashed export demand. While specific dollar figures vary, federally reported delinquency and bankruptcy rates among rural banks are the highest in a decade, signaling serious financial distress.
- Home prices are being inflated before even hitting the market.
- Car buyers are paying nearly $50K—on average—and struggling with tighter credit.
- Manufacturers are facing raw-material increases that erode margins.
- Farmers are spiraling into debt, with whole crops left unharvested in some cases.
It just goes to show that a fuckton of data must be measured to obtain a more realistic view of where the economy is going. More than your cherry-picked data points to.
Pad_Foot
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For housing is there any truth to the idea that corporations invested in the rental industry and are inflating rents for their bottom line?
End that shit! Unless those same corporations BUILD their new rentals. Rentals should not be a business or investment that gets tons of help. Certainly no more help than a single home buyer gets!
End that shit! Unless those same corporations BUILD their new rentals. Rentals should not be a business or investment that gets tons of help. Certainly no more help than a single home buyer gets!
Rockymtnman
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Uh oh. Inflation rose in June. But trumps killing it with the economy. 
dmallord
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Canada released an estimate of the American housing cost increase resulting from lumber tariffs. Adding about $14,000 per new home built. [Canada isn't paying those tariffs, no matter how much some clamor about that on the Lit Politics Tread.]
Do you support Trump's Canadian tariffs on lumber for American homebuyers?
Do you support Trump's Canadian tariffs on lumber for American homebuyers?
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