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Started By
Message
2
Posted on 8/14/25 at 1:21 pm to scottydoesntknow
quote:
2008 all over again.
Not unless Trump starts demanding every American should be given a Home Mortgage regardless of their ability to pay for it or not.
That's what caused 2008. Not prices. In today's system, you aren't getting the mortgage the want unless the bank is comfortable you won't default. And that may mean you putting down 20%.
In 2008, they were literally threatening instituitions that tried to show caution.
Posted on 8/14/25 at 1:22 pm to SlowFlowPro
quote:
Please communicate to us the specific goal of the tariffs
I’m learning today that the goal is to completely remake the construction industry. Did not know that.
Posted on 8/14/25 at 1:23 pm to NorCali
People looking to have an excuse to raise prices. In some instances, justifiably so. It could also be that because illegals are being deported. The workers left over can demand more for their services.
Posted on 8/14/25 at 1:25 pm to the808bass
I guess that one can replace the now defunct "lower interest rates on our debt" goal
Posted on 8/14/25 at 1:25 pm to SlowFlowPro
quote:
Please communicate to us the specific goal of the tariffs
quote:
The stated goal of the Trump administration’s tariffs was to protect American industries and jobs by making imported goods more expensive and less competitive compared to U.S.-made products.
The administration framed tariffs as a tool to:
Reduce the U.S. trade deficit — particularly with countries like China, which the administration accused of unfair trade practices.
Bring manufacturing back to the U.S. — by incentivizing companies to produce domestically rather than overseas.
Pressure trading partners to change policies — especially on issues like intellectual property theft, forced technology transfers, and subsidies to state-owned enterprises.
Renegotiate trade agreements — to secure terms the administration viewed as more favorable to the U.S.
Trump and his trade team often said the tariffs were part of a strategy to “level the playing field” and stop what they described as decades of unfair trade deals harming U.S. workers.
Posted on 8/14/25 at 1:25 pm to slackster
Trade services was 33% of the entire increase.
And this is only half the equation, and not the one that impacts consumers. Let's see what CPI does next month. I guarantee the change won't be linear to this PPI update.
And this is only half the equation, and not the one that impacts consumers. Let's see what CPI does next month. I guarantee the change won't be linear to this PPI update.
This post was edited on 8/14/25 at 1:27 pm
Posted on 8/14/25 at 1:31 pm to SDVTiger
quote:
specific goal
quote:
Reduce the U.S. trade deficit — particularly with countries like China, which the administration accused of unfair trade practices.
Bring manufacturing back to the U.S. — by incentivizing companies to produce domestically rather than overseas.
Pressure trading partners to change policies — especially on issues like intellectual property theft, forced technology transfers, and subsidies to state-owned enterprises.
Renegotiate trade agreements — to secure terms the administration viewed as more favorable to the U.S.
So exactly the moving target Bunk noted.
Posted on 8/14/25 at 1:34 pm to SlowFlowPro
Sure whatever makes you happy buts the stated goal
Nothing in this report was due to tariffs
Slackster thinks tariffs hurts rental cars
Nothing in this report was due to tariffs
Slackster thinks tariffs hurts rental cars
Posted on 8/14/25 at 1:36 pm to SlowFlowPro
If something has multiple objectives, in your mind it's a moving target and therefore unacceptable as a solution?
Posted on 8/14/25 at 1:43 pm to slackster
OP been ignoring all the data points he doesn’t like and waited until one finally came along to say -“See, I’m right fellas!”
What a pathetic loser.
What a pathetic loser.
Posted on 8/14/25 at 1:45 pm to wackatimesthree
quote:
Dude, you need to stop. This is getting embarrassing.
Ive said nothing embarrassing. Im not the one arguing for the status quo that got us 37 trillion in debt...YOU are. The scoreboard has already proven im right
Posted on 8/14/25 at 1:49 pm to riccoar
quote:
Not unless Trump starts demanding every American should be given a Home Mortgage regardless of their ability to pay for it or not.
2008 was people having mortgages that exceeded the value of their homes. When banks foreclosed, they lost their shorts. If home values dropped(im not saying they shouldnt) that puts a LOT of people in the same exact situation
Posted on 8/14/25 at 1:51 pm to scottydoesntknow
quote:
Im not the one arguing for the status quo that got us 37 trillion in debt...YOU are.
I am?
Please steel man my argument, then.
What is it you think I am arguing for?
Posted on 8/14/25 at 1:58 pm to wackatimesthree
“If you’re against tariffs, you’re for deficit spending!!”
Posted on 8/14/25 at 1:59 pm to wackatimesthree
quote:
I am? Please steel man my argument, then. What is it you think I am arguing for?
Its a fair assumption that you are "free trade, anti-tariff" based off your posts.
Posted on 8/14/25 at 2:06 pm to the808bass
quote:
“If you’re against tariffs, you’re for deficit spending!!”
Pretty much. If you ship your manufacturing overseas, thats less Americans producing things. We still need Americans to buy the stuff though...but how do you rectify that you have more jobs just selling stuff to each other and less people making stuff to sell? You have an unbalanced, balance sheet.
Well you print money and distribute it out via govt jobs, gov contracts, and entitlements. How do you pay for all these things...you print money
We have a fake economy
The weasel lawyer will respond with "we make tons of stuff here" Yeah well we buy A LOT MORE stuff.
This post was edited on 8/14/25 at 2:11 pm
Posted on 8/14/25 at 2:13 pm to scottydoesntknow
quote:
2008 was people having mortgages that exceeded the value of their homes.
While some of that is true, because the market will adjust to demand, people with ability to make those payments could sustain them.
The real crux was, while some were inflated, who had a ton of folks who simply had no business being given a mrtgage to begin with because they never could afford it.
The US Government and Congress guilted the US banking sytems into giving the loans. And yes, those instituitions should have known better, but their greed played along.
Posted on 8/14/25 at 2:18 pm to the808bass
quote:
How do you think the subcontractor will quote their next job?
We are adding escalation pricing to every data center we bid and the owner of the company is a huge Trumpkin but he also understands what is happening with tariffs and pricing.
Posted on 8/14/25 at 2:21 pm to Neutral Underground
quote:
It could also be that because illegals are being deported.
Wholesale fresh vegetable prices were up 39% in July. Of course, whoever reported that figure will be fired and replaced by a wet behind the ears Heritage Foundation member so we don't get "fake" reporting.
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