Potus ???

[Johnsond]

29 minutes ago, Steven P said:

 

Of course, silly me. No longer anonymous.

Bit of diversion there SP

🤷‍♂️🤷‍♂️🤷‍♂️come on surely its not that hard to put up what you do 

it might go a long way to explain your dumb arse take on things 

[Mark J]

Trump’s tariff math is crazy, says ‘Wisdom of Crowds’ author – POLITICO

WWW.POLITICO.EU

---

James Surowiecki challenges the White House’s rationale for punishing Europe, China, India and Japan with reciprocal tariffs.

 

[Steven P]

Simple maths is simple to understand.

 

Luxury goods or the perception of luxury, will just get more expensive, the rich will just pay more, the poorest might not buy or will sacrifice something else to 'keep up with the Jonses'. A good thing taxing the rich and highest paid more. Not such a good thing that I doubt that revenue will filter down to the poorest, just be a redistribution of tax the rich pay.

 

For the near future prices will rise, cannot ramp up say, steel production over night, goods prices will rise to counter the tariffs... and history tells us that they never really fall again. All good if tax increases are your thing, a slight of hand, akin to Starmer in the UK saying no income tax rises, like Trump did, so the tax increases are taken from elsewhere.

 

My prediction is that the richest will just keep on as they always do, but the lowest paid will suffer disproportionally.

 

A good example is in the cheapest new cars in the US. Apart from an odd exception depending on the list you read all are imports. Add 25% extra tax on top they are all still the cheapest (depending on the list), just 25% more expensive. The richest could laugh off 20 or 30k extra tax for a top model, the middle ground could go down a level but the poorest don't have that option, if they need a car they have to pay a good portion of their income as an extra tax. Noting my point here that sales taxes are indiscriminate, we all pay at the same rate, poorest or richest. If the competition suddenly becomes more expensive there is no incentive to keep home grown prices keen to compete... US made cars will creep up in price to match. Watch this space for me to say "told you so"

[Johnsond]

15 minutes ago, Steven P said:

Simple maths is simple to understand.

 

Luxury goods or the perception of luxury, will just get more expensive, the rich will just pay more, the poorest might not buy or will sacrifice something else to 'keep up with the Jonses'. A good thing taxing the rich and highest paid more. Not such a good thing that I doubt that revenue will filter down to the poorest, just be a redistribution of tax the rich pay.

 

For the near future prices will rise, cannot ramp up say, steel production over night, goods prices will rise to counter the tariffs... and history tells us that they never really fall again. All good if tax increases are your thing, a slight of hand, akin to Starmer in the UK saying no income tax rises, like Trump did, so the tax increases are taken from elsewhere.

 

My prediction is that the richest will just keep on as they always do, but the lowest paid will suffer disproportionally.

 

A good example is in the cheapest new cars in the US. Apart from an odd exception depending on the list you read all are imports. Add 25% extra tax on top they are all still the cheapest (depending on the list), just 25% more expensive. The richest could laugh off 20 or 30k extra tax for a top model, the middle ground could go down a level but the poorest don't have that option, if they need a car they have to pay a good portion of their income as an extra tax. Noting my point here that sales taxes are indiscriminate, we all pay at the same rate, poorest or richest. If the competition suddenly becomes more expensive there is no incentive to keep home grown prices keen to compete... US made cars will creep up in price to match. Watch this space for me to say "told you so"

How about a simple question I repeatedly ask you SP ?? This depth of knowledge on a wide range of topics 🤷‍♂️yet silent on one particular detail 😂

 

Your logic on car prices in the US shows the same level of ignorance you display in much of your comments on day rates, tax business etc. 

[sime42]

8 hours ago, Mark J said:

Kompromat.

https://old.reddit.com/r/politics/comments/1jq75ps/trumps_tariffs_list_is_missing_one_big_country/ml5869p/

 

 

Maybe. It's hard to imagine that there can be any kind of Kompromat strong enough to make a difference now though. If all the shenanigans over the last couple of months, (not to mention all his previous misdemeanours), still haven't made hardcore Trump defenders renounced him, then probably nothing will. He can literally do no wrong in the eyes of a few. And even he probably realises it.

Take Signal Gate for instance. That would, (and rightly so), have been enough to take down or at least seriously damage any other administration. Not this one though. They just went into full on denial, and then attack mode,  and then just carried on with business as usual. The supporters lapped it up without batting an eye lid. Weird times we live in.

 

 

 

[sime42]

Some light relief from the doom and gloom.

 

Island home only to penguins hit by tariffs - and other things you may have missed on 'Liberation Day'

NEWS.SKY.COM

---

The EU hates "beautiful" American beef, Donald Trump won't stand for plastic eggs and penguins face higher costs to sell...

 

 

[Mike Hill]

8 hours ago, BillQ said:

I presume that you know all trump haters and their thoughts on B liar?

Nah, didn't think so!

Yes

 

I know all of them.

Your name is also on my little list.

* sound of pencil breaking*

[Steven P]

43 minutes ago, sime42 said:

Some light relief from the doom and gloom.

 

Island home only to penguins hit by tariffs - and other things you may have missed on 'Liberation Day'

NEWS.SKY.COM

---

The EU hates "beautiful" American beef, Donald Trump won't stand for plastic eggs and penguins face higher costs to sell...

 

 

 

I saw the penguin thing, surprised me since the whole population are wearing the correct clothes, white shirts, black jackets, how can you get angry about that?

[Mark J]

1 hour ago, sime42 said:

 

Maybe. It's hard to imagine that there can be any kind of Kompromat strong enough to make a difference now though. If all the shenanigans over the last couple of months, (not to mention all his previous misdemeanours), still haven't made hardcore Trump defenders renounced him, then probably nothing will. He can literally do no wrong in the eyes of a few. And even he probably realises it.

Take Signal Gate for instance. That would, (and rightly so), have been enough to take down or at least seriously damage any other administration. Not this one though. They just went into full on denial, and then attack mode,  and then just carried on with business as usual. The supporters lapped it up without batting an eye lid. Weird times we live in.

 

 

 

Algorithms are powerful things.

[Johnsond]

55 minutes ago, Steven P said:

 

I saw the penguin thing, surprised me since the whole population are wearing the correct clothes, white shirts, black jackets, how can you get angry about that?

Are you embarrassed SP at what you do for a living ??