What the bond market is saying about a trump win.

[struth]

The debt ceiling was raised twice, and entirely suspended THREE times, under Trump.

I have said too many times to count that the federal debt is an existential threat to our country.

One of the greatest tricks the Republican Party has ever pulled is they have miraculously convinced their rubes they are the party of fiscal responsibility.

Despite the fact that every time they have had full power, they have set new records in overspending.

So then I assume you didn’t vote for harris?

The largest driver of debt is entitlement spending, Medicare/Medicaid, at least the gop wants the address that

 

[g5000]

So then I assume you didn’t vote for harris?

Nope. I voted for one Democrat way back in 1988 at the behest of William F. Buckley, who you probably don't even know who that is.

The largest driver of debt is entitlement spending, Medicare/Medicaid, at least the gop wants the address that

No they don't. There are outlier Republicans who do, but they are immediately shouted down.

No one has talked about entitlement reform on this forum more than I. I have said time and again we need to raise the Social Security eligibility age to 70, and index it to 9 percent of the population going forward.

Whenever I talk about that, I get slammed from the Left and the Right.

And you know what the largest driver of debt actually is? Your propagandists on the Right are keeping it a secret even though it is blazingly obvious.

Tax expenditures are the biggest cause of our debt. $1.6 trillion a year.

And boy, you should hear the pseudo-conservative welfare queens scream and scream when I say they should be eliminated.

You know who has put the most tax expenditures in our tax code, by far?

Republicans.

 

[struth]

Nope. I voted for one Democrat way back in 1988 at the behest of William F. Buckley, who you probably don't even know who that is.


No they don't. There are outlier Republicans who do, but they are immediately shouted down.

No one has talked about entitlement reform on this forum more than I. I have said time and again we need to raise the Social Security eligibility age to 70, and index it to 9 percent of the population going forward.

Whenever I talk about that, I get slammed from the Left and the Right.

And you know what the largest driver of debt actually is? Your propagandists on the Right are keeping it a secret even though it is blazingly obvious.

Tax expenditures are the biggest cause of our debt. $1.6 trillion a year.

And boy, you should hear the pseudo-conservative welfare queens scream and scream when I say they should be eliminated.

You know who has put the most tax expenditures in our tax code, by far?

Republicans.

Of course I know who Buckley is.

They are often shut down, largely by Dems, and their fearmongering.

You'll never hear me, or anyone I know, slam you for wanting massive reform to entitlements. Now, we might not agree on the reforms, but I certainly am all about massive reform

I've repeatedly stated until that is done, no matter who's in office, or how much is cut from defense, or ag, or whatever department, debt will continue to rise....and no amount of tax increases will cover it

 

[Toddsterpatriot]

Wow. I am surprised this needs to be explained. Coming from you, I probably shouldn't be, though.

A tariff is an additional expense on top of the cost of an imported good. Therefore, it drives up the price of that good.

Duh.

During Trump's first administration, his far left protectionist tariffs cost Americans $34 billion a year, eliminated 300,000 jobs, and cost taxpayers $22 billion in rescue subsidies for farmers. And you can tell tariffs are far left because Biden repeated this idiotic mistake and kept them in place!


As for deportation, roughly 40 percent of farm workers are illegal immigrants. Undocumented workers do the shit jobs Americans won't do at any price.

Just ask Melania.

Immigrants also add to our economy with their earnings and spending.

Deporting illegals will result in crops rotting in the fields, driving up the cost of food.

This isn't a theory. It is a proven fact from previous bouts of deportations in past administrations.

Farm labor is called MIGRANT labor for a reason. It requires moving several times a year to where the plantings and harvests are. Not enough Americans will do that for any price.

Our quota system is seriously broken, and every time someone tried to bring a reform bill to fruition, the performative racist assholes killed it.

A farmer has to bring in his crops. When he is only allowed a small amount of legal workers, he has no choice but to hire illegal workers to put food on your table.

And the retard solution to this problem is to punish the farmer for hiring them!

Unbelievable.

A tariff is an additional expense on top of the cost of an imported good. Therefore, it drives up the price of that good.

An increase in a price isn't inflation.

As for deportation, roughly 40 percent of farm workers are illegal immigrants.

How many illegal farm workers is that? The number, not the percentage.

Immigrants also add to our economy with their earnings and spending.

Immigrants also subtract from our economy with their costs and damages.

Deporting illegals will result in crops rotting in the fields, driving up the cost of food.

Deporting illegals will result in less demand for food, driving down the cost of food.
Deporting illegals will result in less demand for housing, driving down the cost of housing.
Deporting illegals will result in less demand for jails and schools.

 

[dudmuck]

Funny how the vast majority of campaign rhetoric was about economics and now no one wants to talk about it.

 

[Marener]

So then I assume you didn’t vote for harris?

The largest driver of debt is entitlement spending, Medicare/Medicaid, at least the gop wants the address that

Trump said he’s not touching social security or Medicare.

Even Medicaid, which they have said they intend to reform, spends 75% of its budget on elderly, disabled and children. Good luck cutting that.

 

[Marener]

Deporting illegals will result in less demand for food, driving down the cost of food.

Do you think illegal immigrants consume more food than they produce?

 

[Toddsterpatriot]

So much for that campaign of joy.

 

[Toddsterpatriot]

Do you think illegal immigrants consume more food than they produce?

Illegal aliens produce food? How many of them?

 

[Marener]

Illegal aliens produce food? How many of them?

About 2.1 million of them.

The Essential Role of Immigrants in the U.S. Food Supply Chain (UPDATED)

About 2.1 million immigrants work in jobs growing, harvesting, processing, and selling food in the United States, serving an essential role in feeding America. While immigrants accounted for 17 percent of all civilian employed workers in the United States between 2017-2021, they played an...

www.migrationpolicy.org

 

[j-mac]

For the unaware, the bond market, in terms of dollars invested, is many times larger than the stock market. Long duration bond yields had been dropping for quite a while...

Bonds are usually seen as safe investment for seniors, and those looking to invest in America...This is something Democrats have destroyed.

....in response to the Fed getting inflation under control.

That's the excuse, not the truth.

More recently, bond yields have been climbing again over concern of a trump election victory.

Doesn't even make sense....The Bond market has been climbing in response to a Trump victory, because people have more confidence in Trump.

Because bond market players realize his idiotic tariff plan is inflationary.

Ridiculous.

 

[Toddsterpatriot]

About 2.1 million of them.

The Essential Role of Immigrants in the U.S. Food Supply Chain (UPDATED)

About 2.1 million immigrants work in jobs growing, harvesting, processing, and selling food in the United States, serving an essential role in feeding America. While immigrants accounted for 17 percent of all civilian employed workers in the United States between 2017-2021, they played an...

www.migrationpolicy.org

Ok, we'll deport 18 million of the non-crop picking illegal aliens, first.

 

[Marener]

Ok, we'll deport 18 million of the non-crop picking illegal aliens, first.

Okay. Then you’re just driving up inflation in other industries, like building and construction.

The point is you can’t eliminate millions of workers without economic consequences.

 

[Toddsterpatriot]

Okay. Then you’re just driving up inflation in other industries, like building and construction.

The point is you can’t eliminate millions of workers without economic consequences.

Okay. Then you’re just driving up inflation in other industries, like building and construction.

What is the percentage of US home construction workers who are illegal aliens?

The point is you can’t eliminate millions of workers without economic consequences.

I'd never argue differently.

 

[struth]

Trump said he’s not touching social security or Medicare.

Even Medicaid, which they have said they intend to reform, spends 75% of its budget on elderly, disabled and children. Good luck cutting that.

nobody said anything about "cutting" - what we are talking about is reform, so that it doesn't continue to be the largest drive of debt and is substainable.

https://www.washingtonpost.com/politics/2024/03/11/trump-entitlements-biden/

 

[Marener]

nobody said anything about "cutting" - what we are talking about is reform, so that it doesn't continue to be the largest drive of debt and is substainable.

To reduce the cost of a program, you have to make cuts.

 

[struth]

To reduce the cost of a program, you have to make cuts.

That might be what small minded people do.

The dems did want to make cuts, it’s all they ever fall back on when it comes to SS.

 

[Cellblock2429]

For the unaware, the bond market, in terms of dollars invested, is many times larger than the stock market. Long duration bond yields had been dropping for quite a while in response to the Fed getting inflation under control. More recently, bond yields have been climbing again over concern of a trump election victory. Because bond market players realize his idiotic tariff plan is inflationary.

/—-/ “his idiotic tariff plan”
You libtards never explain why Joe kept Trump’s tariffs and added two more if they are sooooo bad. You clowns just pretend it didn’t happen.

 

[Marener]

That might be what small minded people do.

The dems did want to make cuts, it’s all they ever fall back on when it comes to SS.

That’s because Dems are honest. Trump engages in magical thinking.

 

[Orangecat]

Not only will it increase consumer prices, it will increase the annual deficit which also causes bond yields to go higher.

So invest in some bonds, knucklehead.