DOW is tanking: but....

[CrusaderFrank]

Barack Fucking Dow Killing Obama needs to ride off into the sunset already

 

[Penelope]

tramp wrote "The Art of the Deal" but he must mean in court.

 

[Justin Richardson]

The recession fears are a little bit overblown I guess, most economic data are still pretty solid

 

[leftwinger]

Bottom line. This shoud have been a Work in progress over the last 32 years but was left as-is with America getting taken to the cleaners financially.

Trump has common sense, he sees a problem and tries to fix it. Maybe he can only improve it a small amount? It is hard to repair long-term ingrained problems involving billions of other humans outside of your controls. Nothing will get better if you don't work at the problem.

 

[Siete]

Market Summary > Dow Jones Industrial Average
FollowFollowing
INDEXDJX: .DJI
25,479.42 −800.49 (3.05%)
Aug 14, 4:52 PM EDT

George Bush-ish ^^^^^^^

 

[HappyJoy]

The past couple of weeks have been a little painful, kind of scary. Today was something else. ouch.

 

[Siete]

WINNER - WINNER

Two Republicans in 2 decades ...

HOW BOUT THEM TAX CUT BOYS !!!!!

UPDATE 1-U.S. Treasury bond curve inverts for 1st time since 2007 in recession warning

 

[Zorro!]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

 

[occupied]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

I wish I had your faith but I've seen too many bubbles pop, too many recessions and too many Wall Street bankers walk away from the wreckage of the economy blameless. I remember back in 2009 when Obama did a few limited tariffs on Chinese goods and he was excoriated by the right for it. Excuse me if I feel a little puzzled by the right suddenly embracing a trade war with China decades after it would have made sense.

 

[JWBooth]

The recession fears are a little bit overblown I guess, most economic data are still pretty solid

Dick Cheney 2007

 

[Zorro!]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

I wish I had your faith but I've seen too many bubbles pop, too many recessions and too many Wall Street bankers walk away from the wreckage of the economy blameless. I remember back in 2009 when Obama did a few limited tariffs on Chinese goods and he was excoriated by the right for it. Excuse me if I feel a little puzzled by the right suddenly embracing a trade war with China decades after it would have made sense.

We bought the "Free Trade" bullshit for a lot of years. China stealing our technology, hacking our State Department and flooding our streets with deadly Fetanyl seems very disrespectful to one of their best customers. And they treat the environment and our oceans like it's their personal toilet. I'm a little puzzled by the Left's embrace of China.

2013 our trade deficit was $319B
2018 it was $420B

Why did tariffs "make more sense" in 2013 than 2018?

Foreign Trade - U.S. Trade with China

 

[occupied]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

I wish I had your faith but I've seen too many bubbles pop, too many recessions and too many Wall Street bankers walk away from the wreckage of the economy blameless. I remember back in 2009 when Obama did a few limited tariffs on Chinese goods and he was excoriated by the right for it. Excuse me if I feel a little puzzled by the right suddenly embracing a trade war with China decades after it would have made sense.

We bought the "Free Trade" bullshit for a lot of years. China stealing our technology, hacking our State Department and flooding our streets with deadly Fetanyl seems very disrespectful to one of their best customers. And they treat the environment and our oceans like it's their personal toilet. I'm a little puzzled by the Left's embrace of China.

2013 our trade deficit was $319B
2018 it was $420B

Why did tariffs "make more sense" in 2013 than 2018?

Foreign Trade - U.S. Trade with China

A trade war made sense when we still had leverage, I'm talking back in the nineties. Back then all the republicans and half the democrats decided we would be better off without a meaningful manufacturing base. The only people who seemed to think it was a bad idea were the actual left. Now we have Trump trying to have a trade war on industries that no longer really exist in this country. We no longer have the means to win a trade war. Protectionist measures only work to protect market dominance. At best some manufacturing may leave China for other places like Vietnam but never will it come back to the US, that boat has sailed.

 

[Cellblock2429]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

I wish I had your faith but I've seen too many bubbles pop, too many recessions and too many Wall Street bankers walk away from the wreckage of the economy blameless. I remember back in 2009 when Obama did a few limited tariffs on Chinese goods and he was excoriated by the right for it. Excuse me if I feel a little puzzled by the right suddenly embracing a trade war with China decades after it would have made sense.

We bought the "Free Trade" bullshit for a lot of years. China stealing our technology, hacking our State Department and flooding our streets with deadly Fetanyl seems very disrespectful to one of their best customers. And they treat the environment and our oceans like it's their personal toilet. I'm a little puzzled by the Left's embrace of China.

2013 our trade deficit was $319B
2018 it was $420B

Why did tariffs "make more sense" in 2013 than 2018?

Foreign Trade - U.S. Trade with China

/----/ The Left idolizes the ChiComs because of their total dictatorial powers and intolerance of Human Rights. And best of all, dissent is met with a firing squad. What's not for a lib to like?

 

[Cellblock2429]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

I wish I had your faith but I've seen too many bubbles pop, too many recessions and too many Wall Street bankers walk away from the wreckage of the economy blameless. I remember back in 2009 when Obama did a few limited tariffs on Chinese goods and he was excoriated by the right for it. Excuse me if I feel a little puzzled by the right suddenly embracing a trade war with China decades after it would have made sense.

We bought the "Free Trade" bullshit for a lot of years. China stealing our technology, hacking our State Department and flooding our streets with deadly Fetanyl seems very disrespectful to one of their best customers. And they treat the environment and our oceans like it's their personal toilet. I'm a little puzzled by the Left's embrace of China.

2013 our trade deficit was $319B
2018 it was $420B

Why did tariffs "make more sense" in 2013 than 2018?

Foreign Trade - U.S. Trade with China

A trade war made sense when we still had leverage, I'm talking back in the nineties. Back then all the republicans and half the democrats decided we would be better off without a meaningful manufacturing base. The only people who seemed to think it was a bad idea were the actual left. Now we have Trump trying to have a trade war on industries that no longer really exist in this country. We no longer have the means to win a trade war. Protectionist measures only work to protect market dominance. At best some manufacturing may leave China for other places like Vietnam but never will it come back to the US, that boat has sailed.

/----/ " We no longer have the means to win a trade war. "
And that defeatist attitude led to the election of Donald Trump.

 

[BlindBoo]

The only people who seemed to think it was a bad idea were the actual left.

Back when it was first proposed, liberals saw it as a scam to use cheap labor to manufacture products to be shipped back here for sale, tariff free, better profits. Killing two birds with one stone. Kill the Unions and make more money.

 

[occupied]

The only people who seemed to think it was a bad idea were the actual left.

Back when it was first proposed, liberals saw it as a scam to use cheap labor to manufacture products to be shipped back here for sale, tariff free, better profits. Killing two birds with one stone. Kill the Unions and make more money.

Yes, "free trade" was primarily a tactic to break the political back of American organized labor. It was an unheard of triumph of big business to defeat Labor in a democratic country. I hope the republicans think it was worth it.

 

[Harpy Eagle]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

You are one drugs. Trump's first tariffs were in Jan of 2018.

Since then the DOW has gone up 2.85% in more than 600 days...that is what is known as stagnant. In more than 600 days it has grown 600 points, less than one a day.

 

[Cellblock2429]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

You are one drugs. Trump's first tariffs were in Jan of 2018.

Since then the DOW has gone up 2.85% in more than 600 days...that is what is known as stagnant. In more than 600 days it has grown 600 points, less than one a day.

/——/ What does the DOW average have to do with anything? Unless you own those 30 stocks with a buy and hold tactic, it’s meaningless. BTW, do you factor in dividends in your 2.85%?

 

[Harpy Eagle]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

You are one drugs. Trump's first tariffs were in Jan of 2018.

Since then the DOW has gone up 2.85% in more than 600 days...that is what is known as stagnant. In more than 600 days it has grown 600 points, less than one a day.

/——/ What does the DOW average have to do with anything? Unless you own those 30 stocks with a buy and hold tactic, it’s meaningless. BTW, do you factor in dividends in your 2.85%?

ask your fellow Trump worshiper Zoro since he is the one that brought it up, not me.

fuck, why are you people are incapable of following a thread??

 

[Cellblock2429]

If only it were true. Trump has repeatedly proven himself to be embarrassingly ignorant on trade issues.

And yet the Dow's up 2,000 points since Trump ramped up tariffs in the middle of 2018. There is an ignorant party in the conflict between Trump and the Left, but as is even slowly dawning on Harry Reid, it's not Trump!

HARRY REID TELLS DAVID AXELROD: “I used to think that Donald Trump was not too smart. I certainly don’t believe that anymore. No matter what the subject, any argument he involves himself in, it’s on his terms.”

I wonder if Reid understands what a mile marker his leadership of the Senate was on the road to Trump’s election.

You are one drugs. Trump's first tariffs were in Jan of 2018.

Since then the DOW has gone up 2.85% in more than 600 days...that is what is known as stagnant. In more than 600 days it has grown 600 points, less than one a day.

/——/ What does the DOW average have to do with anything? Unless you own those 30 stocks with a buy and hold tactic, it’s meaningless. BTW, do you factor in dividends in your 2.85%?

ask your fellow Trump worshiper Zoro since he is the one that brought it up, not me.

fuck, why are you people are incapable of following a thread??

/-----/ I'm responding to you Gator: "Since then the DOW has gone up 2.85% in more than 600 days."