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Posted (edited)
1 hour ago, Francisco 2.0 said:

I'm guessing Mr. Greer will be unemployed soon:

 

 

 

I can't prove it, obviously, but Trump I's USTR, Robert Lighthizer, had been a GOP trade guy for a long time.  Although he is by reputation a trade hawk, it seems he kept Navarro and some of Trump's worst instincts tamped down, like a lot of people in Trump I.

This guy was Lighthizer's number 2, which I guess means isn't the same guy but maybe close.  Fairly obviously, he didn't have Navarro and Trump tamped down.  He looks pretty young/junior to me.

Although I'm pretty sure I hate Bessent, the fact that he and this guy seem to be dominating the discussion these days may be a positive sign for the rationals.

That's one of the best posts I've ever seen from Empty wheel, though.  The clips of the legal briefs show that review of a president's declaration of emergency for tariff purposes may be unreviewable. 

Congress needs to get off its ass and take back tariff power ASAP.

Edited by TwiceHorn
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Posted
6 minutes ago, TwiceHorn said:

Although I'm pretty sure I hate Bessent, he's currently the lessor of two evils.

FIFY.

But in this simulation, it's still not great.

Posted
1 hour ago, Firemans4Horn said:

Evergreen

 

image.jpeg.8c898f51aa4166f52d9d5481558f04ce.jpeg

Only beef I have with this pictjre is dolan’s pile is bigger in the 3rd panel than in the 1st. 

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Posted
1 minute ago, Superhero said:

Only beef I have with this pictjre is dolan’s pile is bigger in the 3rd panel than in the 1st. 

Don't let AI play poker for you

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Posted (edited)
37 minutes ago, tx 3 putt said:

 

the man is a complete idiot 

 

He is an idiot. But 65% of Americans only read up to stocks soar. So he is the biggest idiot in control of a large group of idiots. 

Edited by Dr. Teeth
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Posted

I think we can all breathe a sigh of relief that everything we buy from China is now only 30% more expensive.   Thank God, Bezos and Elmo won’t have to pay those crippling taxes anymore.

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Posted

 

Eventually, a trade "deal" with china will be reached. Will it be "better" than before? Who the fuck knows. But what will happen is that in the meantime, lots of businesses will go out of business, lots of people will be laid off, and it will take a long time before the rest of the world trusts us again, if they ever do. 

But oligarchs will get richer. DoTARd thinks he is an oligarch. 

 

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Posted
2 minutes ago, Chuckie Finster said:

Tariffs have still increased, meaning the average citizen will pay more... but they have not increased enough 1) for any company to move manufacturing stateside or 2) to eliminate income taxes.

So, all of the downside without any of the (admittedly bullshit) upside.  ART OF THE DEAL!

An increase however small is not good, but regardless of how you think this gets to an endgame, 145% tariffs were gonna fucking blow shit up in a way no one was really prepared for. 

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Posted
5 minutes ago, immamac said:

An increase however small is not good, but regardless of how you think this gets to an endgame, 145% tariffs were gonna fucking blow shit up in a way no one was really prepared for. 

100%, but we shouldn't give him credit for taking steps to fight the fire he started... especially when there's still a fucking fire happening.

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Posted
4 minutes ago, immamac said:

An increase however small is not good, but regardless of how you think this gets to an endgame, 145% tariffs were gonna fucking blow shit up in a way no one was really prepared for. 

So it drops to 30% or whatever fucking number. Now he's being lauded for partly dousing a raging fire that he delibertately set. 

His dipshit base will sing his praises for being the fireman but conveniently forget that he was the fucking arson.

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Posted
19 minutes ago, Chuckie Finster said:

Tariffs have still increased, meaning the average citizen will pay more... but they have not increased enough 1) for any company to move manufacturing stateside or 2) to eliminate income taxes.

This.

Will tariff revenues be large enough to meaningfully offset income taxes?  NOPE.

Will tariffs be high enough to truly force companies to move meaningful volumes of manufacturing back to the US?   NOPE.

Will tariffs be high enough that John and Jane consumer will see additional price inflation on countless goods they offer, likely in the range of 10-30%, when we were told that 8% inflation at the height of the supply chain crisis was "the worst thing ever?"  YEP.

Nothing but losing, as far as the eye can see.

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Posted

So what about all the supposed money that’s been pouring in due to the massive tariffs? According to Leader Dotard anyway. Why does he want to put a stop to that?

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Posted
1 hour ago, Clintonaldo said:

You guys act like this is the end of it. He will get bored in a week or two and start this stupid shit all over again. 

this was more my point than saying anything he did was good. This is a retreat away from certain doom, there's no way he would have politically survived 145% tariffs it was a nuke with almost as much fallout and follow on effects as a real one that they got to defuse before it went off. 

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Posted
1 hour ago, Clintonaldo said:

You guys act like this is the end of it. He will get bored in a week or two and start this stupid shit all over again. 

the-office-michael-scott.gif

 

This a millions times over.  Tomorrow will just be another chaos grenade, another explosion, and chucking some dirt in the crater saying: 

ralph-wiggum-simpsons.gif

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Posted
2 hours ago, High Plains Drifter said:

But oligarchs will get richer. DoTARd thinks he is an oligarch. 

 

Nope, this doesn't help them either

Posted
7 minutes ago, TexArcher said:

Hell, they don't give a shit if your feet fall off.

The ones who have the inside scoop on making and selling prosthetics care.

Everything comes back to one singularity: oligarchs with the inside track in this admin will profit.  It is exactly like the Russian system.

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Posted
11 hours ago, Gatorubet said:

I think we can all breathe a sigh of relief that everything we buy from China is now only 30% more expensive.   Thank God, Bezos and Elmo won’t have to pay those crippling taxes anymore.

Yeah. A 30% tax on tons of imported goods. Awesome.

And that is during the 90 day "pause"

What are we supposed to accomplish in this pause? Is that when businesses are going to invest billions in US manufacturing to try to avoid the tariffs that are totally coming back in 90 days you guys!

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Posted
19 hours ago, High Plains Drifter said:

 

Eventually, a trade "deal" with china will be reached. Will it be "better" than before? Who the fuck knows. But what will happen is that in the meantime, lots of businesses will go out of business, lots of people will be laid off, and it will take a long time before the rest of the world trusts us again, if they ever do. 

But oligarchs will get richer. DoTARd thinks he is an oligarch. 

He’s a kleptocrat. 

Posted
16 hours ago, Brisketexan said:

The ones who have the inside scoop on making and selling prosthetics care.

Everything comes back to one singularity: oligarchs with the inside track in this admin will profit.  It is exactly like the Russian system.

Yeah, he didn't do this to help fellow richies, except the long-term goal of eliminating income tax.  He didn't know the market was gonna tank anymore than he knows how tariffs work.

But, create a disturbance in the market and the richies will benefit more than anyone else as they can more easily absorb the risk of short-selling and similar strategies on a scale that reaps huge rewards.  Give them even more inside information and it's that much worse.

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Posted

https://www.npr.org/sections/planet-money/2025/05/13/g-s1-66112/why-arent-americans-filling-the-manufacturing-jobs-we-already-have

Key takeaway:

Part of the political appeal of bringing manufacturing back is that, historically, they've provided good jobs and career ladders for people without a college education. However, many manufacturing jobs these days actually require college degrees.

Carolyn Lee, the president and executive director of the Manufacturing Institute, says that roughly half of the open positions in manufacturing require at least a bachelor's degree.

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Posted (edited)
8 minutes ago, DigglerontheHoof said:

Why would a manufacturing job require a bachelor's degree?  One really doesn't need a bachelor's degree to do most of the white collar jobs that require them now.  

Engineering jobs. Most postings for skilled trades are looking for trade school degrees or certifications.

Edited by Schulz2.0
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Posted (edited)
9 minutes ago, DigglerontheHoof said:

Why would a manufacturing job require a bachelor's degree?  One really doesn't need a bachelor's degree to do most of the white collar jobs that require them now.  

Valid questions.  But the manufacturing jobs in question aren't shop/factory-floor jobs.  They're things like engineering, marketing, etc. that are traditionally considered degree-holder jobs.

Robots/automation may never replace skilled workers entirely, but they've already replaced a lot of unskilled jobs in manufacturing.

Old-time manufacturing provided lots of jobs for halfwits and morons.  Now now so much.  We're still gonna have the moron problem.

Edited by TwiceHorn
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Posted
2 minutes ago, TwiceHorn said:

Valid questions.  But the manufacturing jobs in question aren't shop/factory-floor jobs.  They're things like engineering, marketing, etc. that are traditionally considered degree-holder jobs.

Old-time manufacturing provided lots of jobs for halfwits and morons.  Now now so much.  We're still gonna have the moron problem.

We could solve this problem by attracting the best and brightest from other countries to fill these jobs and . . . . aw shit, never mind.

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Posted
21 minutes ago, TwiceHorn said:

Valid questions.  But the manufacturing jobs in question aren't shop/factory-floor jobs.  They're things like engineering, marketing, etc. that are traditionally considered degree-holder jobs.

Robots/automation may never replace skilled workers entirely, but they've already replaced a lot of unskilled jobs in manufacturing.

Old-time manufacturing provided lots of jobs for halfwits and morons.  Now now so much.  We're still gonna have the moron problem.

 

One thing to keep in mind is how the government classifies this kind of stuff when talking about data and understanding the difference between Industry Classification vs. Occupational Category. In other words, where people work vs. what people do.

As you correctly point out, you can work in the manufacturing sector, but have an occupation in marketing, building maintenance, engineering, accounting, etc., and never see a factory floor. The kind of factory jobs most people think about in that industry, however, are production occupations (i.e., making stuff), and each of those occupations obviously requires different skill sets, education, and training.

I know that sounds pedantic, or whatever, but that distinction really matters from the perspective of tallying official job counts and whatnot for data collection.

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Posted
47 minutes ago, Schulz2.0 said:

Engineering jobs. Most postings for skilled trades are looking for trade school degrees or certifications.

Yeah, I was thinking more of floor/operating machinery positions. 

Posted
6 minutes ago, DigglerontheHoof said:

Yeah, I was thinking more of floor/operating machinery positions. 

Automation means fewer of those positions. Depending on the company and industry, some prefer people with degrees for those jobs. That's my experience from almost 15 years of working in operations for various companies.

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Posted
40 minutes ago, bolverk said:

 

One thing to keep in mind is how the government classifies this kind of stuff when talking about data and understanding the difference between Industry Classification vs. Occupational Category. In other words, where people work vs. what people do.

As you correctly point out, you can work in the manufacturing sector, but have an occupation in marketing, building maintenance, engineering, accounting, etc., and never see a factory floor. The kind of factory jobs most people think about in that industry, however, are production occupations (i.e., making stuff), and each of those occupations obviously requires different skill sets, education, and training.

I know that sounds pedantic, or whatever, but that distinction really matters from the perspective of tallying official job counts and whatnot for data collection.

My wife works for a large American manufacturer and is a licensed interior designer. She has never stepped foot inside one of her company’s factories.

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Posted (edited)
44 minutes ago, Schulz2.0 said:

Automation means fewer of those positions. Depending on the company and industry, some prefer people with degrees for those jobs. That's my experience from almost 15 years of working in operations for various companies.

I've shared this before, but I have a friend who does some pretty basic and rote factory floor work at a Peterbilt plant. He essentially screws on 9 industrial screws (I could be exagerating, maybe its 15, but it's not much work) to the chasis or something as it hits his part of the line, does like 15 trucks a night (works the 3rd shift I think which is nights) and between the Union negotiated wages, perks and bennies, OT and 3rd shift stuff makes more than most pediatricians and state attorneys. It's a racket. Soooo....there is that extreme as well, I guess, is my point.

But good for him, he just reupholstered his seats on his 2 year old boat. Must be nice.

Edited by Vegas64


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