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Miles Archer

(18,837 posts)
Fri Aug 30, 2019, 12:17 PM Aug 2019

Trump offers calm, presidential words of encouragement to companies hurt by his tariffs.

Donald J. Trump
@realDonaldTrump

If the Fed would cut, we would have one of the biggest Stock Market increases in a long time. Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management...and who can really blame them for doing that? Excuses!

10:10 AM · Aug 30, 2019·Twitter for iPhone


31 replies = new reply since forum marked as read
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Trump offers calm, presidential words of encouragement to companies hurt by his tariffs. (Original Post) Miles Archer Aug 2019 OP
That will go over well. ellie Aug 2019 #1
Way to keep your friends. Iliyah Aug 2019 #2
"Oh, stop whining! When you get elected President, you can have the next G7 at your property!" struggle4progress Aug 2019 #3
I'm going to make a t-shirt for that event... pamela Aug 2019 #13
Correction: "failing" property. democratisphere Aug 2019 #27
He's running (ruining) the economy the same way he ran his businesses groundloop Aug 2019 #4
And how did so many people fail to see that coming? FiveGoodMen Aug 2019 #15
The visions of Mexican walls and Muslim bans blinded them. John Fante Aug 2019 #26
So... Bad companies are blaming me, and who can really blame them for doing that? Croney Aug 2019 #5
LOL. I thought the very same thing. Dave Starsky Aug 2019 #23
If those freaking farmers still vote for this guy I'm afraid the country's completely gone. Vinca Aug 2019 #6
Nice going, President Dipshit. smirkymonkey Aug 2019 #7
My response jmowreader Aug 2019 #8
Trump needs another sugar high gratuitous Aug 2019 #21
He audited the course at Trump U underpants Aug 2019 #30
There was Wellstone ruled Aug 2019 #9
Holy fuck! He really doesn't know when to stop, does he? Baitball Blogger Aug 2019 #10
Moscow Mitch has his back so he doesn't have to stop uponit7771 Aug 2019 #12
Sounds desperate for a rate cut. OAITW r.2.0 Aug 2019 #11
There are a few news items out there that explain what he'd stand to gain Miles Archer Aug 2019 #20
wtf does this even *mean*? 0rganism Aug 2019 #14
He's projecting his thoughts and emotions onto the CEOs. yardwork Aug 2019 #16
so there are CEOs critical of his tariffs, but he undercuts them while pretending to take their side 0rganism Aug 2019 #18
If you would shut the f*ck up Trump, the Market would take care of itself. politicaljunkie41910 Aug 2019 #17
He calls them liars... lame54 Aug 2019 #19
He really and truly thinks that the stock market IS the economy. hedda_foil Aug 2019 #22
This MiniMe Aug 2019 #24
What Trump thinks Martin Eden Aug 2019 #25
The swing voters will be swinging! democratisphere Aug 2019 #28
I'm so thankful for twitter, at moments like these. Ilsa Aug 2019 #29
Excuses!? Cracklin Charlie Aug 2019 #31

groundloop

(11,523 posts)
4. He's running (ruining) the economy the same way he ran his businesses
Fri Aug 30, 2019, 12:23 PM
Aug 2019

Someone who took businesses into bankruptcy SIX times has absolutely zero authority to comment on how to manage our economy.

 

smirkymonkey

(63,221 posts)
7. Nice going, President Dipshit.
Fri Aug 30, 2019, 12:31 PM
Aug 2019

Way to alienate the business community and your biggest contributors.

Jeff Tiedrich

@realDonaldTrump
#BREAKING Man Who Squandered His Entire Four Hundred Million Dollar Inheritance And Turned It Into A One Point Two Billion Dollar Loss While Bankrupting Six Casinos In The Process Is Increasingly Frustrated That Bank Won't Take His Advice.

If they cut interest rates now, in this economy, when the recession/depression starts - and it will start - we will be in very deep shit. Can we please get rid of him NOW?

jmowreader

(50,566 posts)
8. My response
Fri Aug 30, 2019, 12:31 PM
Aug 2019

“I take it Macroeconomics was an elective when you went to oWharton.”

You really need to wonder why Trump is so interested in stimulus. Is he like a kid who hoards Pokémon cards For no apparent reason, or is there a collapse coming he hasn’t told us about?

gratuitous

(82,849 posts)
21. Trump needs another sugar high
Fri Aug 30, 2019, 01:46 PM
Aug 2019

Last year's tax cuts worked for a little while to goose parts of the economy, but he can't go back to the well on that one. Now the economic bad news, which was trickling out, is coming a little more readily. There was a recent report that wages haven't increased nearly as much as was "expected" when the tax cut went into effect and considering how low the unemployment rate supposedly is. That is, whatever benefit most American taxpayers might have gotten from the tax cut disappeared in higher consumer product prices (thanks to Trump's "easy to win" trade wars with everyone else on the planet) and no sustained increase in income.

Trump needs to catch the dragon again, but as any junkie will tell you, that never happens.

 

Wellstone ruled

(34,661 posts)
9. There was
Fri Aug 30, 2019, 12:36 PM
Aug 2019

a Bloomberg posting about a Stock Trading House calling out Trump for Market Manipulation via Tweet. Proven this AM that within a few seconds of that Tweet,the market Algo's took the market down.

Baitball Blogger

(46,758 posts)
10. Holy fuck! He really doesn't know when to stop, does he?
Fri Aug 30, 2019, 12:46 PM
Aug 2019

You know what bad management looks like? Your immigration plan, that's what. Not just lacking in any constitutional foundation, but so poorly executed that it will provide Trump with a special chapter as the cruelest president.

OAITW r.2.0

(24,641 posts)
11. Sounds desperate for a rate cut.
Fri Aug 30, 2019, 12:52 PM
Aug 2019

Like, maybe his loans are creating too much debt and he needs the rate cut to save millions on his Russian debt?

Miles Archer

(18,837 posts)
20. There are a few news items out there that explain what he'd stand to gain
Fri Aug 30, 2019, 01:35 PM
Aug 2019

Basically millions in tax breaks on his properties. This is a personal vendetta to fatten his wallet, and nothing more than that.

0rganism

(23,971 posts)
14. wtf does this even *mean*?
Fri Aug 30, 2019, 01:10 PM
Aug 2019

> If the Fed would cut, we would have one of the biggest Stock Market increases in a long time

hypothetical speculation. at least it's a potentially verifiable claim.

> Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management

combined speculation containing opinions and judgments, devoid of specific facts or examples

> and who can really blame them for doing that? Excuses!

hooooly shit, this is like a celebration of irresponsibility. who can blame them? i certainly can, if they're incompetent and foisting their failures onto someone or something other than the actual causes. it's like he celebrates not holding such people to account, since he is one himself and he would do exactly the same thing if his business was impacted by tariffs. he is the ultimate paragon of complete irresponsibility failing upwards by pushing down on everyone around him. a particularly nasty strain of useless + dangerous, even when not armed with weapons of mass destruction.

yardwork

(61,712 posts)
16. He's projecting his thoughts and emotions onto the CEOs.
Fri Aug 30, 2019, 01:17 PM
Aug 2019

So, he has to give them (him) an out. Who can blame them (him)?! He's not at fault. You're at fault!!! - Trump logic

0rganism

(23,971 posts)
18. so there are CEOs critical of his tariffs, but he undercuts them while pretending to take their side
Fri Aug 30, 2019, 01:23 PM
Aug 2019

"i understand what they're doing, even though it's wrong, i would do it myself"
"their problems are all the Fed's fault for not cutting rates"

asinine, irresponsible blame shifting -- one of Trump's primary talents

politicaljunkie41910

(3,335 posts)
17. If you would shut the f*ck up Trump, the Market would take care of itself.
Fri Aug 30, 2019, 01:18 PM
Aug 2019

For those of us who weren't born with a silver spoon in our mouths and have been responsible about saving for our retirements, we're sick and tired of you regularly opening your stupid trap and saying stupid shit that causes the market to tank.

If you would keep your trap shut, and stop talking about things you don't know anything about, which is just about everything these days, and let the Fed Chairman do his job; than the Markets would be fine. Unlike you, the Fed Chairman knows what he is doing. He's not just sitting there day after day, trying to see how disruptive and destructive he can be as he flip flops back and forth between one delusional opinion to another.

hedda_foil

(16,375 posts)
22. He really and truly thinks that the stock market IS the economy.
Fri Aug 30, 2019, 02:48 PM
Aug 2019

It's always looked like he conflated the two, but this confirms that he believes the stock market is the sole measure of the economy.

Martin Eden

(12,875 posts)
25. What Trump thinks
Sat Aug 31, 2019, 10:23 AM
Aug 2019

Is anything happening on his watch with the potential to hurt him has to be blamed on somebody else.

The inverse of that is taking credit for everything positive during his administration.

The stock market continued to rise when the economic recovery kicked in a couple years into Obama's first term, and continued to rise after Trump took office. He hadn't passed any economic legislation yet, but that of course didn't stop him from taking full credit for the continued rise.

The stock market is measured by a number, which is an easy metric to latch onto as proof that Donald J. Trump is making the American economy great again.

He doesn't subscribe to an economic philisophy, and his only real thought is that of a reality TV show con man.

It is a mistake to ascribe any legitimate belief system to this sorry excuse of a human being.

Everything with him is base, selfish, and whatever narrative serves his perceived interests in the moment.

Ilsa

(61,698 posts)
29. I'm so thankful for twitter, at moments like these.
Sat Aug 31, 2019, 10:40 AM
Aug 2019

He really lives to shoe (haha) everyone what an asshole he is.

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