Quote Originally Posted by fubah2: HEADLINES tonight . . . Six House Republicans defy der Führer to block his stupid tariffs on Canada Stupid for Trump to consider withdrawing US from free trade deal with Canada and Mexico. Millions of American jobs depend on international trade. US auto industry would be less competitive internationally without cheap labor from Mexico and cheap aluminum or electricity from Canada.
He wants the new bridge to be renamed after him...
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Quote Originally Posted by thirdperson:
Quote Originally Posted by fubah2: HEADLINES tonight . . . Six House Republicans defy der Führer to block his stupid tariffs on Canada Stupid for Trump to consider withdrawing US from free trade deal with Canada and Mexico. Millions of American jobs depend on international trade. US auto industry would be less competitive internationally without cheap labor from Mexico and cheap aluminum or electricity from Canada.
He wants the new bridge to be renamed after him...
Trump admin is pulling supercomputers out of key weather and climate research center
A.Freedman - A leading American research lab is slated to lose its critical supercomputing facility, according to a letter released Thursday by the National Science Foundation.
The move is part of the Trump administration’s effort to disassemble the National Center for Atmospheric Research in Boulder, one of the world’s top weather and climate research centers, which [trump's] admin views as a source of climate change alarmism.
The computing center, which is slated to be turned over to an unspecified third party, runs weather and climate research models and is used by about 1,500 researchers from over 500 universities around the country.
The work done on this supercomputer benefits the American people by leading to more accurate forecasts of extreme weather and climate events, aircraft turbulence and more.
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Trump admin is pulling supercomputers out of key weather and climate research center
A.Freedman - A leading American research lab is slated to lose its critical supercomputing facility, according to a letter released Thursday by the National Science Foundation.
The move is part of the Trump administration’s effort to disassemble the National Center for Atmospheric Research in Boulder, one of the world’s top weather and climate research centers, which [trump's] admin views as a source of climate change alarmism.
The computing center, which is slated to be turned over to an unspecified third party, runs weather and climate research models and is used by about 1,500 researchers from over 500 universities around the country.
The work done on this supercomputer benefits the American people by leading to more accurate forecasts of extreme weather and climate events, aircraft turbulence and more.
Americans, not other countries, paid Trump's tariffs in 2025
USA TODAY, Feb 16 -
American consumers and companies paid nearly 90% of the cost of President Donald Trump’s tariffs through late 2025, according to a new report from the Federal Reserve Bank of New York.
The study adds to a growing body of evidence indicating American families pay a price for Trump’s import taxes, despite the president's assertion that the financial burden falls entirely on other countries.
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Americans, not other countries, paid Trump's tariffs in 2025
USA TODAY, Feb 16 -
American consumers and companies paid nearly 90% of the cost of President Donald Trump’s tariffs through late 2025, according to a new report from the Federal Reserve Bank of New York.
The study adds to a growing body of evidence indicating American families pay a price for Trump’s import taxes, despite the president's assertion that the financial burden falls entirely on other countries.
Americans, not other countries, paid Trump's tariffs in 2025
Tax foundation estimates Trump tariffs cost average US household $1000 in 2025 and probably $1300 in 2026. Big tax hike harms poor households more than rich households. Prediction markets show 75% chance of supreme court striking down his illegal tariffs. Refunds could boost US economy but federal government would suffer greater deficits.
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Quote Originally Posted by fubah2:
Americans, not other countries, paid Trump's tariffs in 2025
Tax foundation estimates Trump tariffs cost average US household $1000 in 2025 and probably $1300 in 2026. Big tax hike harms poor households more than rich households. Prediction markets show 75% chance of supreme court striking down his illegal tariffs. Refunds could boost US economy but federal government would suffer greater deficits.
(thanks to Thirdperson for first announcing this great news for America!)
HEADLINES Friday, Feb 20 . . .
Supreme Court strikes down most of Trump's tariffs in a MAJOR blow to the convicted felon in the Oval
NBC NEWS - WASHINGTON —
The Supreme Court delivered a major blow to [der Führer of the MAGA REICH],
ruling Friday that he exceeded his authority when imposing sweeping tariffs
using a law reserved only for a national emergency.
The justices, divided 6-3, held that Trump's aggressive approach to tariffs on products entering the United States from across the world was NOT permitted under a 1977 law called the International Emergency Economic Powers Act (IEEPA).
Despite Trump's rhetoric about the tariffs "allegedly" benefiting the economy, stocks RALLIED on news of the ruling.
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(thanks to Thirdperson for first announcing this great news for America!)
HEADLINES Friday, Feb 20 . . .
Supreme Court strikes down most of Trump's tariffs in a MAJOR blow to the convicted felon in the Oval
NBC NEWS - WASHINGTON —
The Supreme Court delivered a major blow to [der Führer of the MAGA REICH],
ruling Friday that he exceeded his authority when imposing sweeping tariffs
using a law reserved only for a national emergency.
The justices, divided 6-3, held that Trump's aggressive approach to tariffs on products entering the United States from across the world was NOT permitted under a 1977 law called the International Emergency Economic Powers Act (IEEPA).
Despite Trump's rhetoric about the tariffs "allegedly" benefiting the economy, stocks RALLIED on news of the ruling.
angry big baby rump slaps the world with 10% tariffs
Law limits Trump new tariffs to 150 days because congress is unlikely to extend it. Unclear whether alternative tariffs would fare better than his emergency tariffs. Congress should reinforce its authority over tariffs against abuse by future presidents and refund billions in tariffs revenue to Americans as soon as possible. Since congress republicans are Trump puppets, more reasons to vote for democrats in midterm elections.
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Quote Originally Posted by KellyM_1964:
angry big baby rump slaps the world with 10% tariffs
Law limits Trump new tariffs to 150 days because congress is unlikely to extend it. Unclear whether alternative tariffs would fare better than his emergency tariffs. Congress should reinforce its authority over tariffs against abuse by future presidents and refund billions in tariffs revenue to Americans as soon as possible. Since congress republicans are Trump puppets, more reasons to vote for democrats in midterm elections.
Trump said on Saturday that now he will increase the global tariffs he imposed a day earlier to 15% from 10% following an adverse ruling at the Supreme Court.
US economic growth slowed sharply!
Reuters -
[A new economic report] which was delayed by the record 43-day government shutdown, highlighted a jobless economic expansion as well as a "K-shaped" economy, in which upper-income households are doing well while lower-income consumers are struggling amid high inflation from import tariffs and stalling wage growth.
Those conditions have created what economists and Trump's opponents call an affordability crisis.
Only 181,000 jobs were added last year [under the 2nd trump regime] - the fewest outside the pandemic [also under trump] since the 2009 Great Recession - and down from 1.45 MILLION in 2024 [President Biden's final year]
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Quote Originally Posted by fubah2:
Trump said on Saturday that now he will increase the global tariffs he imposed a day earlier to 15% from 10% following an adverse ruling at the Supreme Court.
US economic growth slowed sharply!
Reuters -
[A new economic report] which was delayed by the record 43-day government shutdown, highlighted a jobless economic expansion as well as a "K-shaped" economy, in which upper-income households are doing well while lower-income consumers are struggling amid high inflation from import tariffs and stalling wage growth.
Those conditions have created what economists and Trump's opponents call an affordability crisis.
Only 181,000 jobs were added last year [under the 2nd trump regime] - the fewest outside the pandemic [also under trump] since the 2009 Great Recession - and down from 1.45 MILLION in 2024 [President Biden's final year]
Trump said on Saturday that now he will increase the global tariffs he imposed a day earlier to 15% from 10% following an adverse ruling at the Supreme Court.
Wall street journal warns that Trump new tariffs might backfire. They could hurt US economy, create chaos, invite legal challenges and cost republicans in midterm elections. Polls show most Americans disapprove of Trump tariffs.
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Quote Originally Posted by fubah2:
Trump said on Saturday that now he will increase the global tariffs he imposed a day earlier to 15% from 10% following an adverse ruling at the Supreme Court.
Wall street journal warns that Trump new tariffs might backfire. They could hurt US economy, create chaos, invite legal challenges and cost republicans in midterm elections. Polls show most Americans disapprove of Trump tariffs.
AP - FedEx says it will return to customers any refunds it gets back from Trump's illegal tariff
The statement came after FedEx filed suit in the U.S. Court of International Trade to request a refund on what it paid for tariffs set by President Donald Trump under the International Emergency Economic Powers Act. On Friday, the Supreme Court ruled that [trump's] IEEPA tariffs are illegal.
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AP - FedEx says it will return to customers any refunds it gets back from Trump's illegal tariff
The statement came after FedEx filed suit in the U.S. Court of International Trade to request a refund on what it paid for tariffs set by President Donald Trump under the International Emergency Economic Powers Act. On Friday, the Supreme Court ruled that [trump's] IEEPA tariffs are illegal.
Wholesale inflationwas hotter than expected in January as tariffs threaten to push up prices for consumers
US stocks moved sharply lower Friday morning, with investors fearing the hotter-than-expected inflation report could lead the Federal Reserve to keep its rate-cutting cycle on pause.
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HEADLINES today . . .
Wholesale inflationwas hotter than expected in January as tariffs threaten to push up prices for consumers
US stocks moved sharply lower Friday morning, with investors fearing the hotter-than-expected inflation report could lead the Federal Reserve to keep its rate-cutting cycle on pause.
Too bad Trump was right with his comments back in 1988 when he was on Oprah's show....although Trump may be a schmuck is some aspects, he was 100% correct in his theory in 88 and he has not waivered on foreign policy even from that many years ago as to how he is in implementing foreign policy today....the dude is doing exactly what he said he would do with regard to foreign policy....
COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean
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Too bad Trump was right with his comments back in 1988 when he was on Oprah's show....although Trump may be a schmuck is some aspects, he was 100% correct in his theory in 88 and he has not waivered on foreign policy even from that many years ago as to how he is in implementing foreign policy today....the dude is doing exactly what he said he would do with regard to foreign policy....
Wholesale inflation was hotter than expected in January as tariffs threaten to push up prices for consumers
US stocks moved sharply lower Friday morning, with investors fearing the hotter-than-expected inflation report could lead the Federal Reserve to keep its rate-cutting cycle on pause.
HEADLINES today . . .
Nasdaq and S&P just had their WORST month since March
US stocks closed lower Friday:
The Dow sank 521 points, or 1.05%. The S&P 500 fell 0.43%, and the tech-heavy Nasdaq slid 0.92%.
Wall Street’s fear gauge, the VIX, surged 8%!!!
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Quote Originally Posted by fubah2:
HEADLINES today . . .
Wholesale inflation was hotter than expected in January as tariffs threaten to push up prices for consumers
US stocks moved sharply lower Friday morning, with investors fearing the hotter-than-expected inflation report could lead the Federal Reserve to keep its rate-cutting cycle on pause.
HEADLINES today . . .
Nasdaq and S&P just had their WORST month since March
US stocks closed lower Friday:
The Dow sank 521 points, or 1.05%. The S&P 500 fell 0.43%, and the tech-heavy Nasdaq slid 0.92%.
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