Unlikely.movielover said:
Will DOGE rock their world?
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Last: 3 hrs ago by going4roses
SFCityBear said:As near as I could find out, Elon Musk is President of only one thing, and that is the Musk Foundation. Also interesting is both Musk and Trump got their degrees in economics from Wharton.DiabloWags said:MinotStateBeav said:You do realize those H1-Bs are more than likely employed by "consulting agencies" like Infosys and Tata who bundle up the foreign labor.sycasey said:In these kinds of large tech-industry cuts, H1-B people get laid off too. At least that's been my experience.MinotStateBeav said:
looks like more americans hitting the unemployment line soon and a fresh round of "exceptional" foreign labor on H1-B's coming thru.Microsoft is planning job cuts soon and the company is taking a harder look at underperforming employees as part of the reductions, according to two people familiar with the plans#MacroEdge
— MacroEdge (@MacroEdgeRes) January 8, 2025
And what does President Musk have to say about that?
Yes, his proper title is President Elect Musk (for another 6 days).
movielover said:
Will DOGE rock their world?
Seven. More. Days.
— James Jinnette (@james_jinnette1) January 14, 2025
“We expect certain agencies to be deleted outright.” —@VivekGRamaswamy pic.twitter.com/ThMlXoxMDn
Hopefully, DOGE rocks.
“Next global economy” is in ruins lmfao 🤣 https://t.co/hOvXrut1O6
— Unfiltered Truth (@UnfiltdTruth) January 13, 2025
Hero discovers sleeper cell on Chixago. Invite her to the Presidential Inauguration.
TERROR: Chicago HVAC worker discovers lair of sleeper cell filled with explosives, firearms, IDs, and fake fire and police uniforms. How many others cells are undiscovered waiting for their signal to strike? pic.twitter.com/LlJjk8oAQb
— @amuse (@amuse) January 14, 2025
SFCityBear said:As near as I could find out, Elon Musk is President of only one thing, and that is the Musk Foundation. Also interesting is both Musk and Trump got their degrees in economics from Wharton.DiabloWags said:And what does President Musk have to say about that?MinotStateBeav said:sycasey said:MinotStateBeav said:
l
One of them was able to invest in an EV company that gets Govt subsidies.
It would have died without them.
The other has filed for Bankruptcy 6x and didn't serve in the military because of bone spurs.
MinotStateBeav said:“Next global economy” is in ruins lmfao 🤣 https://t.co/hOvXrut1O6
— Unfiltered Truth (@UnfiltdTruth) January 13, 2025
That's not the only BRIC that is getting crushed.
The ruble continues to plunge. One USD was worth 110 rubles about a week ago.
Cue Cal88 and blaming it on lower oil prices.
lol
DiabloWags said:MinotStateBeav said:“Next global economy” is in ruins lmfao 🤣 https://t.co/hOvXrut1O6
— Unfiltered Truth (@UnfiltdTruth) January 13, 2025
That's not the only BRIC that is getting crushed.
The ruble continues to plunge. One USD was worth 110 rubles about a week ago.
Cue Cal88 and blaming it on lower oil prices.
lol
Nah, the Rupee, Ruble, as well as the Yen, Euro, CHF and CAD have all been down vs the USD.
DiabloWags said:SFCityBear said:As near as I could find out, Elon Musk is President of only one thing, and that is the Musk Foundation. Also interesting is both Musk and Trump got their degrees in economics from Wharton.DiabloWags said:And what does President Musk have to say about that?MinotStateBeav said:sycasey said:MinotStateBeav said:
l
One of them was able to invest in an EV company that gets Govt subsidies.
It would have died without them.
The other has filed for Bankruptcy 6x and didn't serve in the military because of bone spurs.
Has the government gotten better return on its money than its investment in Tesla, which has produced hundreds of thousands of high-paying jobs and a $1.3 trillion market cap?
BREAKING: House passes ban on dudes competing in women's sports from ALL FEDERALLY FUNDED SCHOOLS.
— End Wokeness (@EndWokeness) January 14, 2025
2 Democrats voted for it. pic.twitter.com/BkdkveZv2W
Why are the Dems so extreme? Have they not learned their lessons after the election loss?
Many were behind the Trans butchering hysteria.
"DC_Draino@DC_Draino
Florida Congresswoman Anna Luna reintroduces bill to execute pedophiles
"This better get unanimous support from the GOP
"Thank you @realannapaulina!"
Florida Congresswoman Anna Luna reintroduces bill to execute pedophiles
"This better get unanimous support from the GOP
"Thank you @realannapaulina!"
Cal88 said:DiabloWags said:MinotStateBeav said:“Next global economy” is in ruins lmfao 🤣 https://t.co/hOvXrut1O6
— Unfiltered Truth (@UnfiltdTruth) January 13, 2025
That's not the only BRIC that is getting crushed.
The ruble continues to plunge. One USD was worth 110 rubles about a week ago.
Cue Cal88 and blaming it on lower oil prices.
lol
Nah, the Rupee, Ruble, as well as the Yen, Euro, CHF and CAD have all been down vs the USD.
Yeah, that must be it.
Glad I could help you there.
Must be why GAZPROM is doing so well.
40% of workforce is getting laid off.
Because the ruble and Russian economy is so STRONG.
Lmfao!
https://fortune.com/europe/2025/01/14/gazprom-russia-cutting-hundreds-jobs/
40% of workforce is getting laid off.
Because the ruble and Russian economy is so STRONG.
Lmfao!
https://fortune.com/europe/2025/01/14/gazprom-russia-cutting-hundreds-jobs/
DiabloWags said:
Must be why GAZPROM is doing so well.
40% of workforce is hetting laid off.
Because the ruble and Russian economy is so STRONG.
Lmfao!
https://fortune.com/europe/2025/01/14/gazprom-russia-cutting-hundreds-jobs/
Maybe POTUS Trump will take advantage of that leverage.
DiabloWags said:
Must be why GAZPROM is doing so well.
40% of workforce is hetting laid off.
Because the ruble and Russian economy is so STRONG.
Lmfao!
https://fortune.com/europe/2025/01/14/gazprom-russia-cutting-hundreds-jobs/
Gazprom is laying off 1,600 office jobs in St. Petersburg, not "40% of its workforce". That is such a ridiculous statement.
Because Gazprom's total workforce is nearly half a million people.
Gazprom added nearly 100,000 employees to its payroll in the last decade.
https://www.statista.com/statistics/350709/employee-numbers-at-gazprom-worldwide
You should cancel your WSJ subscription, it's not helping you here.
Glad I could help you here again.
Yeah, you're a genius.
The same kind of genius that thinks the U.S. importer doesnt pay the tariffs on Chinese goods and the money winds up in the U.S. Treasury.
You really should try taking a basic Econ.1 course.
You're not very bright.
The same kind of genius that thinks the U.S. importer doesnt pay the tariffs on Chinese goods and the money winds up in the U.S. Treasury.
You really should try taking a basic Econ.1 course.
You're not very bright.
DiabloWags said:
Yeah, you're a genius.
The same kind of genius that thinks the U.S. importer doesnt pay the tariffs on Chinese goods and the money winds up in the U.S. Treasury.
You really should ttry taking a basic Econ.1 course.
Where does the money go?
oski003 said:DiabloWags said:
Yeah, you're a genius.
The same kind of genius that thinks the U.S. importer doesnt pay the tariffs on Chinese goods and the money winds up in the U.S. Treasury.
You really should ttry taking a basic Econ.1 course.
Where does the money go?
I'll give you two guesses who pays the tariff.
DiabloWags said:oski003 said:DiabloWags said:
Yeah, you're a genius.
The same kind of genius that thinks the U.S. importer doesnt pay the tariffs on Chinese goods and the money winds up in the U.S. Treasury.
You really should ttry taking a basic Econ.1 course.
Where does the money go?
I'll give you two guesses who pays the tariff.
That's not the question.
Here, let me help those that never took an Econ. 1 class.
https://www.piie.com/research/piie-charts/2024/americans-have-been-paying-tariffs-imports-china-decades
https://www.piie.com/research/piie-charts/2024/americans-have-been-paying-tariffs-imports-china-decades
DiabloWags said:
Here, let me help those that never took an Econ. 1 class.
https://www.piie.com/research/piie-charts/2024/americans-have-been-paying-tariffs-imports-china-decades
Just answer the question. Does tariff money go to the government or not? Are you capable of answering a basic question?
Besides not answering the question, Diablo is also ignoring the positive externalities from the growth of domestic manufacturing jobs.
The industries of Japan, Korea and China were built on tariffs, without which their auto and electronic industries would not have taken off. Diablo will claim with a straight face that the people who run MITI did not pass Econ 1.
The industries of Japan, Korea and China were built on tariffs, without which their auto and electronic industries would not have taken off. Diablo will claim with a straight face that the people who run MITI did not pass Econ 1.
Yes, the mighty auto building colossus Tesla that has managed to capture 4% of the auto market in only one year and has only been over 2% of the market in just 3 years of it's existence. Tesla has sold 2.6 million cars during it's existence which gives it a market cap of $500,000 per car sold. Sounds like a sound market cap assessment.Cal88 said:DiabloWags said:SFCityBear said:As near as I could find out, Elon Musk is President of only one thing, and that is the Musk Foundation. Also interesting is both Musk and Trump got their degrees in economics from Wharton.DiabloWags said:And what does President Musk have to say about that?MinotStateBeav said:sycasey said:MinotStateBeav said:
l
One of them was able to invest in an EV company that gets Govt subsidies.
It would have died without them.
The other has filed for Bankruptcy 6x and didn't serve in the military because of bone spurs.
Has the government gotten better return on its money than its investment in Tesla, which has produced hundreds of thousands of high-paying jobs and a $1.3 trillion market cap?
Eastern Oregon Bear said:Yes, the mighty auto building colossus Tesla that has managed to capture 4% of the auto market in only one year and has only been over 2% of the market in just 3 years of it's existence. Tesla has sold 2.6 million cars during it's existence which gives it a market cap of $500,000 per car sold. Sounds like a sound market cap assessment.Cal88 said:DiabloWags said:SFCityBear said:As near as I could find out, Elon Musk is President of only one thing, and that is the Musk Foundation. Also interesting is both Musk and Trump got their degrees in economics from Wharton.DiabloWags said:And what does President Musk have to say about that?MinotStateBeav said:sycasey said:MinotStateBeav said:
l
One of them was able to invest in an EV company that gets Govt subsidies.
It would have died without them.
The other has filed for Bankruptcy 6x and didn't serve in the military because of bone spurs.
Has the government gotten better return on its money than its investment in Tesla, which has produced hundreds of thousands of high-paying jobs and a $1.3 trillion market cap?
It does more than make and sell cars.
oski003 said:DiabloWags said:
Here, let me help those that never took an Econ. 1 class.
https://www.piie.com/research/piie-charts/2024/americans-have-been-paying-tariffs-imports-china-decades
Just answer the question. Does tariff money go to the government or not? Are you capable of answering a basic question?
A.) A tariff on Chinese goods is not paid by China as Trump has repeatedly claimed. This is FALSE.
B.) A tariff is paid by the U.S. importer on record.
C.) Tariffs are a "tax" on the American consumer because the importer usually passes it on to the consumer.
D.) The U.S. Treasury receives the tariff money.
E.) Given that tariffs hurt the American farm community, the Govt usually subsidizes farmers with payments to offset their losses from Chinese trade retaliation. Hence, Trump sending $28 Billion in 2018-2019 to farmers.
F.) 92% of Trump's China Tariff proceeds went to bail out American farmers.
G.) All of the Above.
American consumers only pay more if they continue to buy that product. Tariffs work to normalize the price of Chinese goods, thereby creating space for American products to be manufactured domestically and purchased in their place.
tequila4kapp said:
American consumers only pay more if they continue to buy that product. Tariffs work normalize the price of Chinese goods, thereby creating space for American products to be manufactured domestically and purchased in their place.
And that doesn't happen overnight.
And in most cases (like in the auto industry) it never happens.
Never mind the raw materials that go into the parts for manufacturing those "American" products that increase in price due to the tariffs.
DiabloWags said:oski003 said:DiabloWags said:
Here, let me help those that never took an Econ. 1 class.
https://www.piie.com/research/piie-charts/2024/americans-have-been-paying-tariffs-imports-china-decades
Just answer the question. Does tariff money go to the government or not? Are you capable of answering a basic question?
A.) A tariff on Chinese goods is not paid by China as Trump has repeatedly claimed. This is FALSE.
B.) A tariff is paid by the U.S. importer on record.
C.) Tariffs are a "tax" on the American consumer because the importer usually passes it on to the consumer.
D.) The U.S. Treasury receives the tariff money.
E.) Given that tariffs hurt the American farm community, the Govt usually subsidizes farmers with payments to offset their losses from Chinese trade retaliation. Hence, Trump sending $28 Billion in 2018-2019 to farmers.
F.) 92% of Trump's China Tariff proceeds went to bail out American farmers.
G.) All of the Above.
Yet, the administration collected over $80 in Tarriffs for 2018-19 goods. $80 billion > $28 billion. Thank you for finally answering my question btw. Also, Biden, or whoever was actually president, gave farmers just as much during his presidency.
oski003 said:DiabloWags said:oski003 said:DiabloWags said:
Here, let me help those that never took an Econ. 1 class.
https://www.piie.com/research/piie-charts/2024/americans-have-been-paying-tariffs-imports-china-decades
Just answer the question. Does tariff money go to the government or not? Are you capable of answering a basic question?
A.) A tariff on Chinese goods is not paid by China as Trump has repeatedly claimed. This is FALSE.
B.) A tariff is paid by the U.S. importer on record.
C.) Tariffs are a "tax" on the American consumer because the importer usually passes it on to the consumer.
D.) The U.S. Treasury receives the tariff money.
E.) Given that tariffs hurt the American farm community, the Govt usually subsidizes farmers with payments to offset their losses from Chinese trade retaliation. Hence, Trump sending $28 Billion in 2018-2019 to farmers.
F.) 92% of Trump's China Tariff proceeds went to bail out American farmers.
G.) All of the Above.
Yet, the administration collected over $80 in Tarriffs for 2018-19 goods. $80 billion > $28 billion. Thank you for finally answering my question btw. Also, Biden, or whoever was actually president, gave farmers just as much during his presidency.
And WHO paid that money?
Here . . . let me help you.
Trump Tariffs: The Economic Impact of the Trump Trade War
Never mind that the U.S. Trade Deficit is nearly $80 BILLION at end of 2024.
A gap that's almost twice as high as when he took office as president 8 years ago.
Tariffs work really well.
A gap that's almost twice as high as when he took office as president 8 years ago.
Tariffs work really well.
DiabloWags said:oski003 said:DiabloWags said:oski003 said:DiabloWags said:
Here, let me help those that never took an Econ. 1 class.
https://www.piie.com/research/piie-charts/2024/americans-have-been-paying-tariffs-imports-china-decades
Just answer the question. Does tariff money go to the government or not? Are you capable of answering a basic question?
A.) A tariff on Chinese goods is not paid by China as Trump has repeatedly claimed. This is FALSE.
B.) A tariff is paid by the U.S. importer on record.
C.) Tariffs are a "tax" on the American consumer because the importer usually passes it on to the consumer.
D.) The U.S. Treasury receives the tariff money.
E.) Given that tariffs hurt the American farm community, the Govt usually subsidizes farmers with payments to offset their losses from Chinese trade retaliation. Hence, Trump sending $28 Billion in 2018-2019 to farmers.
F.) 92% of Trump's China Tariff proceeds went to bail out American farmers.
G.) All of the Above.
Yet, the administration collected over $80 in Tarriffs for 2018-19 goods. $80 billion > $28 billion. Thank you for finally answering my question btw. Also, Biden, or whoever was actually president, gave farmers just as much during his presidency.
And WHO paid that money?
Trump Tariffs: The Economic Impact of the Trump Trade War
American consumers, if they still want to buy the now higher priced good. Thank you for finally answering my question about who collects the money. You purposely deflected. I appreciate you now acknowledging it, even though you were incredibly misleading when you compared the revenue from Tarriffs from one country versus the impact of all Tarriffs on farmers (and the fact that farmers have been subsidized considerably before and after Trump). Stay well wags.
Did Biden keep Trump's tariffs? (Not reflected in this chart is the fact the 2024 deficit is the largest ever)DiabloWags said:
Never mind that the U.S. Trade Deficit is nearly $80 BILLION at end of 2024.
A gap that's almost twice as high as when he took office as president 8 years ago.
Tariffs work really well.
Yes.
I stand by what I said.
Tariffs work real well, don't they?
They are an incredibly stupid idea.
Just ask Herbert Hoover.
I stand by what I said.
Tariffs work real well, don't they?
They are an incredibly stupid idea.
Just ask Herbert Hoover.
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