US US Politics General 2: Hope Edition - Discussion of President Trump and other politicians

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Should be a wild four years.

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Current members of the House of Representatives
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Members of the Trump Administration
https://www.whitehouse.gov/administration/
 
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SpergioLeonne dijo:
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More roadblocks to protect the country from illegals.

I have a proposed solution: sue the everloving fuck out of California to hold them responsible for any crimes committed by any illegals they allowed in. If there’s any shred of evidence that the illegal came through California, if they used a phone that pinged a California tower, for example.
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Don't Federal agents have jurisdiction basically everywhere?
 
George Lucas dijo:
Honestly this just shows how effective DOGE actually is. The cuts having barely any effect on GDP shows how much dead weight it actually was.
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It's actually the opposite. The bigger the cuts, the greater effect on GDP you'd expect. The truth is that the REAL economy is growing so much that even getting rid of a lot of artificial GDP created by government spending was only enough for a 0.3% drop.
 
mandatorylurk dijo:
As posted above Q1 GDP went down 0.3%, but this is largely due to federal jobs being cut, federal spending being cut, and a large amount of imports being done before the tariffs happened which messes with GDP. Even with all of that, only going down 0.3% is great, and it will probably be growth of 3.5-4% in Q2.

This is the economic equivalent of getting Chyna Virus and being told you're going to die alone with a ventilator up your ass, when in reality it's just a week-long cold and you're fine and now you have immunity. Gilead will soon be upon us.

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q1gdp2025.mp4

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And on top of all of this, the St. Louis Fed was predicting a -2.73% drop only yesterday, and the actual number was less than a ninth of that.
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Source | Archive
 
I thought we were supposed to ignore downturns in GDP/stock and use fake numbers to make it look better, or was that only OK with biden?

I will say the moment to moment stock/GDP downturn or upturn should never be taken as some extreme indication. You're looking at one datapoint and wildy extrapolating from it. You need to look at longer term trends to understand.
 
GDP doesn't indicate a recession anymore. The Experts™️ said so last time.

Oh, right, Dems are out of power, so we've always defined a recession that way. You just imagined the word games and copium, MAGA baby child peasant.
 
SpergioLeonne dijo:
Guys, you will NEVER hate them enough
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This whole thing is just phrased so you have no idea what the implications are without specific knowledge. They make it look bad.. “prices crashing! Oversupply problems!”

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Wait a fucking second, WHOSE PROBLEM IS THAT

It’s a bunch of inscrutable mealy mouthed shit until the last sentence, OVERSUPPLY IS EXPECTED TO GROW

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Bloomberg CLEARLY states where their loyalty lies

If copper becomes LESS EXPENSIVE, then it BECOMES LESS EXPENSIVE TO REFINE IT DOMESTICALLY

wait so if power plants, electric infrastructure, consumer goods, new homes etc face LESS pricing pressure, that’s BAD?! Your mini split air conditioning unit uses cable where the wholesale price is $10/foot, is it supposed to be good if that goes UP?!
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Just a reminder to anyone freaking out about the economy: The definition of a recession was changed in 2022 just so the system could say "Don't believe your lying eyes and ears, peasants."

Their sperging about the economy is worthless.
 
Meat Target dijo:
GDP doesn't indicate a recession anymore. The Experts™️ said so last time.

Oh, right, Dems are out of power, so we've always defined a recession that way. You just imagined the word games and copium, MAGA baby child peasant.
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The GDP growth estimates get revised later, too. I’m interested in seeing if the books are still getting cooked like in the Biden admin or if that has been fixed.
 
SpergioLeonne dijo:
If copper becomes LESS EXPENSIVE, then it BECOMES LESS EXPENSIVE TO REFINE IT DOMESTICALLY

wait so if power plants, electric infrastructure, consumer goods, new homes etc face LESS pricing pressure, that’s BAD?! Your mini split air conditioning unit uses cable where the wholesale price is $10/foot, is it supposed to be good if that goes UP?!
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The way I read it was that since Chinese factories are refining less copper, demand shrinks. Copper producers have to sell copper at a lower price since they want to get rid of their oversupply. They are also selling it to a smaller number of buyers, as China takes up 80% of copper refineries.

Now, even though demand for copper has decreased, the demand for products that use copper has not decreased. In fact, that demand may rise. Domestic manufacturers can profit from this, but consumers can face higher prices as a result.

Essentially, the raw input costs less, but the externalities of producing domestically will lead to a higher prices for the output.
 
Hey Johnny Bravo dijo:
"Turn the other cheek" doesn't mean let your enemies kill you. There is no such concept in Christianity.
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That’s true but unfortunately a lot of cuckservstives interpret it that way.
Candlelight Desolation dijo:
It's insane how the UK government is doubling down about this given the domestic situation in their country, especially since part of it involves making a potshot at some Manosphere guy who had 15 minutes of fame two years ago.
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It’s why I’m rooting for the Indian-Pakistani war to kick off. I want to see the Bongs deal with Hindus and Pakis killing each other in the streets. They’re not ready for it.
 
George Lucas dijo:
The GDP growth estimates get revised later, too. I’m interested in seeing if the books are still getting cooked like in the Biden admin or if that has been fixed.
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In 1991 the U.S GDP was 7.5 trillion dollars, today it's 30 trillion dollars.

Despite that the standard of living has dropped off a cliff, more people are living in poverty than ever before and ever major U.S city is drowning under a pile of rotting garbage and feral drug addicts.

Fuck the GDP it means absolutely nothing.
 
Jace on ice dijo:
In 1991 the U.S GDP was 7.5 trillion dollars, today it's 30 trillion dollars.

Despite that the standard of living has dropped off a cliff, more people are living in poverty than ever before and ever major U.S city is drowning under a pile of rotting garbage and feral drug addicts.

Fuck the GDP it means absolutely nothing.
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From 1980 to 2025, the DJIA gained 39,000 points and the result of that was that home prices grew 2.5 times faster than the median wage, making homes out of reach for the majority of the population
 
Imperial Citizen dijo:
The way I read it was that since Chinese factories are refining less copper, demand shrinks. Copper producers have to sell copper at a lower price since they want to get rid of their oversupply. They are also selling it to a smaller number of buyers, as China takes up 80% of copper refineries.

Now, even though demand for copper has decreased, the demand for products that use copper has not decreased. In fact, that demand may rise. Domestic manufacturers can profit from this, but consumers can face higher prices as a result.

Essentially, the raw input costs less, but the externalities of producing domestically will lead to a higher prices for the output.
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All I hear is that China was sucking up copper to make cheap shit which was just another way to keep the US from making competitively priced goods.

The price of raw materials going down is a good thing for consumers across the board and will generally soften the blow of tariffs especially if we see an influx of Americans competing to grab that market share that's now economically viable to pursue.

Goods that consumers have access to will both go UP in utility (longer lasting, better at what they do, less likely to poison your child, etc.) thus justifying a higher price or the price of the goods will go down as American manufacturers figure out how to exploit cheaper raw materials to make more sales now that it's economically viable.
 
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