AHEM.....ACTIONS R AT ODDS WITH WORDS

What’s going to happen, oh wise oracle? It’s easy to predict that one day something bad is going to happen, because shit does happen, it’s quite another thing to actual give a prediction of what will actually happen.

Are you making a specific prediction that can be measured with reality or just another general “wait for it” bit of nonsense?

Rick wrote: What’s going to happen, oh wise oracle? It’s easy to predict that one day something bad is going to happen, because shit does happen, it’s quite another thing to actual give a prediction of what will actually happen.

Are you making a specific prediction that can be measured with reality or just another general “wait for it” bit of nonsense?

Great point.
Cassandra/HA/Chicken Little has promised so much end of the world calamities if Trump gets into power that when they never actually happen, it is a sigh of relief.

HA, did you ever read the story, "The Boy Who Cried Wolf"?

HA has cried wolf so many times that we see the wolf as a 15 year old Labrador retriever now. Not scary HA, not scary at all.

You would think that after decades of reading their prophecies that never happen, you would tune them out. It is very hard to predict the future and learned men who have have better analytical abilities than me constantly get it wrong.

So be very skeptical of these partisan oracles who have an ax to grind.

It is intelligent analysis or just wishful thinking?

FredHayek wrote: Using tariffs as a revenue stream? Frankly I don't like the idea. Depending on the product, other nations will have natural advantages at delivering cheaper product than US suppliers. Let American consumers get their coffee from Brazil instead of Hawaii. Textiles from Vietnam instead of Vermont. Let America concentrate on the products we do well.

So long as we can, if needed, supply our own needs, that works. It's when you put yourself into a situation like Japan in the 1940's, where you need something from somewhere else to survive and that pipeline is threatened that things start getting ugly.

In many ways, it's like how many of our citizens have decided to put their reliance on the federal and State governments for food, shelter, clothing, medical care, transportation . . . the basic necessities to survive. 60% of the federal budget is dedicated to individual welfare subsidies, the cost of borrowing money to provide those subsidies is now higher than the cost of defending our Union, or caring for our elderly via the failed Ponzi schemes used to finance them.

These United States were built upon the idea of self-sufficiency, it is a necessary component of the society envisioned by our founders and framers. The sweet siren song of Socialism, the concept of a monarchy of any sort, the idea that it is the government's responsibility to take care of you, is the very society that our founders and framers rejected.

Excellent points, PS. The big picture seems to be lost by the "experts" that only look at short term consequences of a long term strategy to rebuild this country into what it used to be before we handed everything over to China.

Rick wrote: Excellent points, PS. The big picture seems to be lost by the "experts" that only look at short term consequences of a long term strategy to rebuild this country into what it used to be before we handed everything over to China.

THE PROBLEM WITH THAT RATIONALE IS THIS....BACK IN THE ERA U R SPEAKING OF....THE GLOBAL ECONOMY WAS NOT A FACTOR......FAST FORWARD TO TODAY AND FUTURE DECADES,
WE HAVE A GLOBAL ECONOMY...EVERYTHING IS INTERCONNECTED...IT IS ALL ONE ....PULL ONE STRING AND ANOTHER STRING COULD UNRAVEL OR TIGHTEN AND BREAK.... SUCH MICRO THINKING ON TODAY'S ECONOMICS IS STUNNING.

America can afford to be a bully in trade negotiations. Canada depends on us so much more than we depend on them and there are numerous nations like that.

Even Europe united is wanting relief from Trump's tariffs. If we don't give a break to their alcohol producers, many will go out of business. And alcohol sales are already down worldwide.

homeagain wrote:

Rick wrote: Excellent points, PS. The big picture seems to be lost by the "experts" that only look at short term consequences of a long term strategy to rebuild this country into what it used to be before we handed everything over to China.

THE PROBLEM WITH THAT RATIONALE IS THIS....BACK IN THE ERA U R SPEAKING OF....THE GLOBAL ECONOMY WAS NOT A FACTOR......FAST FORWARD TO TODAY AND FUTURE DECADES,
WE HAVE A GLOBAL ECONOMY...EVERYTHING IS INTERCONNECTED...IT IS ALL ONE ....PULL ONE STRING AND ANOTHER STRING COULD UNRAVEL OR TIGHTEN AND BREAK.... SUCH MICRO THINKING ON TODAY'S ECONOMICS IS STUNNING.

HA, you have mastered the left's strategy of accusing the opponent of doing exactly what you are doing.

Micro thinking, HA? You never answer direct questions with direct answers, but I'll try again...

1. Do you really think this country can survive if we continue to let other countries manufacture most of the products we buy and depend on?

2. Why do you think the United States of America should continue to have lopsided trade in favor of our trading partners?

3. Who have you ever voted for that worked this hard to help the country?

As for "today's economics", they are no different than 1950's economics... not the size of the economy, but the principles of economics. The left is always trying to convince us that their policies work... like dumping trillions of printed money into the economy and calling it The Inflation Reduction Act. All your leftist "experts" like Jim Cramer and Paul Krugman have been wrong over and over and over about what Trump's economic policies would do. You can keep listening to these morons and keep being wrong, but that hole is getting pretty deep.

Rick wrote:

homeagain wrote:

Rick wrote: Excellent points, PS. The big picture seems to be lost by the "experts" that only look at short term consequences of a long term strategy to rebuild this country into what it used to be before we handed everything over to China.

THE PROBLEM WITH THAT RATIONALE IS THIS....BACK IN THE ERA U R SPEAKING OF....THE GLOBAL ECONOMY WAS NOT A FACTOR......FAST FORWARD TO TODAY AND FUTURE DECADES,
WE HAVE A GLOBAL ECONOMY...EVERYTHING IS INTERCONNECTED...IT IS ALL ONE ....PULL ONE STRING AND ANOTHER STRING COULD UNRAVEL OR TIGHTEN AND BREAK.... SUCH MICRO THINKING ON TODAY'S ECONOMICS IS STUNNING.

HA, you have mastered the left's strategy of accusing the opponent of doing exactly what you are doing.

Micro thinking, HA? You never answer direct questions with direct answers, but I'll try again...

1. Do you really think this country can survive if we continue to let other countries manufacture most of the products we buy and depend on?

2. Why do you think the United States of America should continue to have lopsided trade in favor of our trading partners?

3. Who have you ever voted for that worked this hard to help the country?

As for "today's economics", they are no different than 1950's economics... not the size of the economy, but the principles of economics. The left is always trying to convince us that their policies work... like dumping trillions of printed money into the economy and calling it The Inflation Reduction Act. All your leftist "experts" like Jim Cramer and Paul Krugman have been wrong over and over and over about what Trump's economic policies would do. You can keep listening to these morons and keep being wrong, but that hole is getting pretty deep.

BOLDED....ZING RIGHT OVER YOUR HEAD.....GLOBAL ECONOMICS WASN'T EVEN A BUZZ WORD,LET ALONE A REALITY IN THE 50'S.
#2 BOLDED....CONSUMERISM REACHED IT'S ZENITH,IF IT IS LESS $$$ FOR THE SAME ITEM,IF U MAKE IT SO, THEY WILL COME.....WHOSE FAULT IS THAT? OUR "MUST HAVE THE LATEST AND GREATEST" MINDSET....HERE TAKE MY MONEY,I WANT WHAT I WANT...(AND STILL HAVE MONEY IN MY WALLET).......THAT IS THE 'HOLE WE HAVE DUG FOR OURSELVES"

THE FOURTH TURNING (OH GOD, THERE IS THAT THING AGAIN) IS OPERATING MAGNIFICENTLY.
AN UPHEAVAL AND A PARADIGM SHIFT IS OCCURRING.... A PLEASANT EXPERIENCE,AH NO. IT IS WHY POWELL IS STANCH IN HIS DECISION TO WAIT.....HE SEES THE MACRO......WE HAVE YET TO REACH THE UNDERSTANDING OF HOW THIS IS GOING TO ROLL......CAUTION AND SOME CLARITY IS THE FOCUS....AND RIGHTFULLY SO...GOOD ON POWELL FOR BEING THE ONE TO SAY......WE WILL WAIT AND WATCH......AND NO, I AM NOT LOWERING RATES....TRUMP IS CHECK MATED. AND IT HAS MADE HIM LIVID.