Gloss over this, you naysayers.
Trump was and is quite the visionary. Revenues are way up for the USA. Go Kamala!
Tariffs haven’t tanked the economy. In fact, GDP in the second quarter reached its strongest quarterly growth in nearly two years: a seasonally and inflation-adjusted annual rate of 3.8%. The third quarter is tracking close behind at around 3.5%.
Few economists at the start of 2025 could have foreseen the degree to which the AI-investment boom would power the economy past any negative effects from tariffs. Barclays estimates AI-related spending in the first half of the year increased GDP by an annualized 0.8%, about half of the period’s growth.
A resulting stock-market rally has, in turn, helped fuel continued consumer spending—a key economic driver.
Trump has also walked back and delayed many of his threatened duties. For instance, the president in April ratcheted up tariffs on China to 145%. That was cut to 30% a few weeks later, and in October, capping a string of trade deals, the administration reached an agreement in which it further dropped the duties to 20%.
U.S. importers are paying less than the stated tariff rate on many products, as they’ve substituted lower-tariff items for those that had higher duties, sometimes by sourcing from other countries. The Tax Foundation estimates that while the weighted applied tariff rate on all imports has risen to 15.8%, the effective rate only rose to 11.2%. In 2024, the effective tariff rate was about 2.5%.
Heading into 2026, economists expect continued AI investment and tax cuts to buoy economic growth.
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@AverageJoe1 saidSorry Joe, but most voters (including core Republicans) don't see it that way.
Gloss over this, you naysayers.
Trump was and is quite the visionary. Revenues are way up for the USA. Go Kamala!
Tariffs haven’t tanked the economy. In fact, GDP in the second quarter reached its strongest quarterly growth in nearly two years: a seasonally and inflation-adjusted annual rate of 3.8%. The third quarter is tracking close behind at around 3.5%.
Fe ...[text shortened]...
Heading into 2026, economists expect continued AI investment and tax cuts to buoy economic growth.
An Associated Press-NORC poll conducted December 4—8, 2025 found that only 31 percent of Americans approve of Trump’s handling of the economy, down from 40 percent in March. Similar figures were reported in 5 other polls taken recently.
You can wave the Trump flag all you want Joe, but your (so called) hotshot businessman is wearing thin with voters.
https://www.msn.com/en-us/news/politics/six-polls-that-show-donald-trump-is-in-deep-economic-trouble/ar-AA1Ssm2U?ocid=BingNewsSerp
@mchill saidThose 31% like yourself or shortsighted and cannot see the big picture, they have no vision. Add all that up, then read the people in the note like this article writer
Sorry Joe, but most voters (including core Republicans) don't see it that way.
An Associated Press-NORC poll conducted December 4—8, 2025 found that only 31 percent of Americans approve of Trump’s handling of the economy, down from 40 percent in March. Similar figures were reported in 5 other polls taken recently.
You can wave the Trump flag all you want Joe, but your ...[text shortened]... /politics/six-polls-that-show-donald-trump-is-in-deep-economic-trouble/ar-AA1Ssm2U?ocid=BingNewsSerp
@AverageJoe1 saidTrump is not above reducing this country to ashes if we don't follow him.
Those 31% like yourself or shortsighted and cannot see the big picture, they have no vision. Add all that up, then read the people in the note like this article writer
He's mental, in the same way Hitler was mental.
- Joined
- 09 Jan 22
- Moves
- 1139
@Suzianne saidBut Senile AF Joe Biden and Coke-Head Hunter running the country did wonders for America, right?
Trump is not above reducing this country to ashes if we don't follow him.
He's mental, in the same way Hitler was mental.
Where were you when they were destroying America?
Never heard you say one word of complaint about them because you were too busy crying about Trump no matter what the dems did.
@Cliff-Mashburn saidI had no complaints about Joe Biden because there was nothing to complain about, despite your Trumpian name-calling.
But Senile AF Joe Biden and Coke-Head Hunter running the country did wonders for America, right?
Where were you when they were destroying America?
Never heard you say one word of complaint about them because you were too busy crying about Trump no matter what the dems did.
DEI was, and is, greatly needed in America. We need an equal playing field not giving all advantage to white people only.
The difference between us is you think doing this was "destroying the country".
That's Trump's gig, not Biden's.
@Cliff-Mashburn saidYour numbers are inflated by fear-mongers wanting to get elected. The total number of undocumented workers in this country were only as many as a large city. 11 million at its peak.
3 million illegals coming across the border every year wasn't problem?
Biden claiming the border was secure wasn't a problem?
Are you insane?
And your idea of a secure border and mine are very different. Yours is fascist fantasy. You want a Berlin Wall in Texas. The thing you don't get is the Berlin Wall was meant to keep people in, not out.
@AverageJoe1 said
Gloss over this, you naysayers.
Trump was and is quite the visionary. Revenues are way up for the USA. Go Kamala!
Tariffs haven’t tanked the economy. In fact, GDP in the second quarter reached its strongest quarterly growth in nearly two years: a seasonally and inflation-adjusted annual rate of 3.8%. The third quarter is tracking close behind at around 3.5%.
Fe ...[text shortened]...
Heading into 2026, economists expect continued AI investment and tax cuts to buoy economic growth.
strongest quarterly growth in nearly two years
2 years ago, GDP growth was larger...
Trump has also walked back and delayed many of his threatened duties.
Tariffs didn't tank the economy because they were never implemented?
U.S. importers are paying less than the stated tariff rate on many products, as they’ve substituted lower-tariff items for those that had higher duties, sometimes by sourcing from other countries
I don't think this supports your argument that taxes buoy economies.
You also forgot to mention the increases to unemployment rates (caused by AI and tariffs) and the increases to inflation rates (caused by tariffs).
@Cliff-Mashburn saidJoe does an OP on the economy, and you start sniveling about something entirely different. Is it possible you can stay on topic, or is that too difficult for you?
But Senile AF Joe Biden and Coke-Head Hunter running the country did wonders for America, right?
Where were you when they were destroying America?
Never heard you say one word of complaint about them because you were too busy crying about Trump no matter what the dems did.
@Cliff-Mashburn saidJoe posts an OP on the economy, and you start sniveling about something entirely different. Is it possible you can stay on topic or is this too difficult for you?
3 million illegals coming across the border every year wasn't problem?
Biden claiming the border was secure wasn't a problem?
Are you insane?
@mchill said“Most voters?” That may include about 85% of the voters who post on this forum!,🤣🤔🤣🤔🤣
Sorry Joe, but most voters (including core Republicans) don't see it that way.
An Associated Press-NORC poll conducted December 4—8, 2025 found that only 31 percent of Americans approve of Trump’s handling of the economy, down from 40 percent in March. Similar figures were reported in 5 other polls taken recently.
You can wave the Trump flag all you want Joe, but your ...[text shortened]... /politics/six-polls-that-show-donald-trump-is-in-deep-economic-trouble/ar-AA1Ssm2U?ocid=BingNewsSerp
Well, then sue is right, T will burn us all to the ground🤣😂🤣😂
1 edit
@AverageJoe1 saidYou could be right Joe but Warren Buffet is staying out of the market because many believe the rally is mainly on the back of corporate stock buy backs which ultimately enrich CEO's and the like, but its doomed to fail because it leads to highly overvalued stock, the prices of which can not be sustained.
Gloss over this, you naysayers.
A resulting stock-market rally has, in turn, helped fuel continued consumer spending—a key economic driver.
Heading into 2026, economists expect continued AI investment and tax cuts to buoy economic growth.
Also while money is pouring into AI, at some point like every other bubble it will burst. Who will be standing and who will be taking a serious haircut only time can tell, but some basic money facts says the 38 Trillion dollar debt monster lurking under the carpet has since 2024 cost the government more in debt interest payments than it spends on defense. So is this market sustainable and can it still grow much further? Warren Buffet and many other serious investors do not think so. Can this continue without a collapse?Who knows, but the idea that growth and sustainability can continue on the back of financial engineering without any real improvement in productivity and competitive advantage has yet to be fully tested.
@kmax87 saidThank you for this wonderful post. I have about given up hope on the mindset of this entire forum. Personally, I take no exception to everything you just wrote. The market has always been a crapshoot. Just for the record the AI market has been compared to the dot com burst of years ago, but this is simply not the same thing,,,,just the technology of the day Has many many safeguards, and there will be no catastrophe such as you suggest…. that is my opinion.
You could be right Joe but Warren Buffet is staying out of the market because many believe the rally is mainly on the back of corporate stock buy backs which ultimately enrich CEO's and the like, but its doomed to fail because it leads to highly overvalued stock, the prices of which can not be sustained.
Also while money is pouring into AI, at some point like every other bu ...[text shortened]... g without any real improvement in productivity and competitive advantage has yet to be fully tested.
So if wemove along here, are you suggesting that everyone get out of the market, or keep investing in our country like I do? just look at a stock market chart since 1930 when it started let’s say at 100 and now it is up too close to 50,000 tell me that you think it’s going to stop now.??!? 2026, it ha maxed out? And if it does, does that mean that everything in the entire country comes to a halt and that everyone wanders aimlessly in the wilderness?? get a grip!!!
@AverageJoe1 saidWhen you zoom out its up up and away to be sure, but, can you survive the dips. Hope you are not leveraged to the hilt and risk losing it if you get hit with a few margin calls.
Thank you for this wonderful post. I have about given up hope on the mindset of this entire forum. Personally, I take no exception to everything you just wrote. The market has always been a crapshoot. Just for the record the AI market has been compared to the dot com burst of years ago, but this is simply not the same thing,,,,just the technology of the day Has many many ...[text shortened]... tire country comes to a halt and that everyone wanders aimlessly in the wilderness?? get a grip!!!