Trump Administration Predictions (3 Viewers)

[Pat Hartman]

He's hopeful, that's a good thing. I've been a believer in tariffs for as long as I can remember. The devil will be in the details.

Is that why you did nothing but rail against Trump's intention to apply tariffs because they were so bad? If Trump says it, it's stupid but if Jamie Dimond says it, it's brilliant? We've got your number

 

[AccessBlaster]

Yeah, that was a confusing turn of events, even for @Thales750

 

[Isaac]

Trump Administration Predictions

@Thales750 - I've looked at your know-it-all posts for months now and I'm sick and tired of you how post, which includes innumerable attacks of the argumentum ad hominem and argumentum ad autoritatum variety. Here's your challenge. Run for political office and convince people how well off they...

www.access-programmers.co.uk

Trump Administration Predictions

A few questions to ponder. For those at "the top" who climbed there from "the bottom", are you saying the system wasn't rewarding them when they were halfway? If it wasn't, then what else would you call it if not a reward. If it was, then the system rewards people at all stages of the...

www.access-programmers.co.uk

Sorry, I'm just being naughty playing devil's advocate here. (not that you are a devil, thales, just my fashion of speech).
Thales has said he is not necessarily against all tariffs.

I personally have no idea what tariffs might do, it seems to me a company can choose to absorb a supply chain cost increase, or Not. And nobody can predict what a specific company will choose to do with absolute certainty. A tariff may just be a threat that brings about good things (as it already has to some extent)

 

[Isaac]

PS I better get back to work - will come back to tariffs and curable diseases later...

 

[Steve R.]

Well, this unexpected Trump "prediction" is a reality. Trump has officially ended Affirmative Action, which had become an abused program degenerating into the whole malevolent DEI and reparation programs.

Trump Ends LBJ's Affirmative Action Mandate for Government Contractors

President Donald Trump signed an executive order on Wednesday ending DEI in the federal workforce.

www.breitbart.com

• In actuality, Biden beat Trump in ending Affirmative Action. Biden when he took office actually made racism official US government policy as decision could be based on race. Executive Order 13985. This totally neglected the intent of Affirmative Action and Martin Luther Kings hope that decisions would be based on the content of one's character and not the color of one's skin.
• Reparations lately have been a hot topic. In actuality, the Affirmative Action program constituted a form of reparations. Based on that we have had reparations now for 60+ years. That realty has been ignored. The demand for reparations follows the usual ark where a program starts out with a high sounding objective (Affirmative Action) to make-up for past mistakes and is then usurped by a new crowd to make ever greater unjustified demands. As Affirmative Action has been in place for 60 years, what makes anyone think that reparations today would ever solve the problem that Affirmative Action was supposed to solve. One can easily assume that should reparations be granted, that there would eventually be demands for a future new program under the endless guise of "racial justice". This is just like the demands for an increase in the minimum wage. As soon as it is granted, new demands immediately go out for an increase in the minimum wage.

 

[NauticalGent]

I have a few friends wanting me to explain why the man i voted for did this...they do NOT like my answer

 

[Isaac]

@NauticalGent my answer would have simply been that the answer/solution to past discrimination is never to just implement more discrimination going the opposite direction as that's just as morally wrong as the first one.

What was yours

 

[NauticalGent]

Something along those same lines, but what really got them fired up was when I tried to explain to the that Equal Opportunity <> Equal Outcomes.

 

[Isaac]

Ahh, yes, the age-old liberal pipe dream that if people aren't achieving equal outcomes, it simply MUST be because of inequal opportunities, and vice versa. So ludicrous, considering we are all alive human beings and know full well how our choices affect our outcomes!

 

[Thales750]

You will have to excuse me if I take the view point of known economists and the theory of fiat currency over the opinion of a forum member with an inflated sense of self-importance. But I am willing and actually interested in what you may have to say.

Please, shock and awe me with your brilliance...

Gold is the ultimate Fiat.

 

[Thales750]

Is that why you did nothing but rail against Trump's intention to apply tariffs because they were so bad? If Trump says it, it's stupid but if Jamie Dimond says it, it's brilliant? We've got your number

No Trump's implementation of tariffs.

 

[NauticalGent]

Gold is the ultimate Fiat.

I like turtles...

 

[Steve R.]

Gold is the ultimate Fiat.

Do you even comprehend what you stated?
According to Grok, gold was first used as a currency in 600 BCE. So its been around for a while.
Moreover, Gold is a physical object that can be exchanged. Other physical objects can also be used as a currency, such as oil.
According to Grok, the "value" of a fiat currency: "comes from the government's decree, or "fiat," that it must be accepted as a means of payment for all debts, public and private." As such, gold, does not qualify. It's value is derived from being publicly traded.

 

[Thales750]

Do you even comprehend what you stated?
According to Grok, gold was first used as a currency in 600 BCE. So its been around for a while.
Moreover, Gold is a physical object that can be exchanged. Other physical objects can also be used as a currency, such as oil.
According to Grok, the "value" of a fiat currency: "comes from the government's decree, or "fiat," that it must be accepted as a means of payment for all debts, public and private." As such, gold, does not qualify. It's value is derived from being publicly traded.

It's value is based on belief and fake desirability. Have you ever read the history of De Beers? Gold is, more or less, the same thing.

 

[Thales750]

I like turtles...

Turtle are good. I like the goldfish crackers better. Remember when they came out in the late 70s Pentridge farm remembers.

 

[Thales750]

Ahh, yes, the age-old liberal pipe dream that if people aren't achieving equal outcomes, it simply MUST be because of inequal opportunities, and vice versa. So ludicrous, considering we are all alive human beings and know full well how our choices affect our outcomes!

You should be thankful. Liberal dog wagging gave us Trump 2.0

 

[Thales750]

Do you even comprehend what you stated?
According to Grok, gold was first used as a currency in 600 BCE. So its been around for a while.
Moreover, Gold is a physical object that can be exchanged. Other physical objects can also be used as a currency, such as oil.
According to Grok, the "value" of a fiat currency: "comes from the government's decree, or "fiat," that it must be accepted as a means of payment for all debts, public and private." As such, gold, does not qualify. It's value is derived from being publicly traded.

I think Oil is much more traded than gold. In our world, oil can (mostly) only be purchased with dollars. Not only can it be trade, it is traded.

 

[Thales750]

@NauticalGent my answer would have simply been that the answer/solution to past discrimination is never to just implement more discrimination going the opposite direction as that's just as morally wrong as the first one.

What was yours

Not only that, which is enough. Who in the current generation can trace their line all the way back to a culture that never committed atrocities?

 

[Thales750]

I personally have no idea what tariffs might do, it seems to me a company can choose to absorb a supply chain cost increase, or Not. And nobody can predict what a specific company will choose to do with absolute certainty. A tariff may just be a threat that brings about good things (as it already has to some extent)

Ultimately tariffs will create redundancies in the creation of wealth, and spread it around the world. Assuming that people actually build factories at home. Which is the intent. Unfortunately some of the unintended consequences will have deleterious effect in the short and mid terms,

Her is an example:

The American (US and Canada) hardwood plywood manufacturers had enough capacity to supply us with all of our cabinet sheet good supplies. So what did the Americans do? They went over to China and engineered and built plywood super factories. In the coming years when China was able to take American hardwoods over to their country, make plywood, and ship it back over here and flood the market with cheap paintable birch plywood. Some variants of it were really cheaply made. But if you were doing paint grade you could make it work. Mostly the outer veneer was too thin.

Then the APA (American Plywood Association) lobbied congress. They convinced Congress to levy tariffs.

All it ended up doing was raise the price of both import plywood and domestics plywood. The folks that paid the price were the little guy cabinet shops. This was before we had the inflation, somewhere near 2007 or so.

Who would of thunk it.

What happened in 2020 was even worse. Although, It does fit in with what Doc said about productivity.