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The Phantom's Phantom

Here come the tariffs

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4 hours ago, Ron_Artest said:

Fed minutes today.  Let's see what they say about inflation caused by tariffs.

Market desperately needs a rate cut or look out below.

With U.S. economic growth surging in the second quarter, President Donald J. Trump has proven the so-called “experts” wrong once again as he presides over tame inflation, blue-collar wage growth, explosive job creation, and a “Made in America” boom.

Here’s what they’re saying about the GDP report:

Economist E.J. Antoni: “This GDP report, I mean, really, is an absolute blockbuster. It completely defies expectation. It is not only a good headline number, it has good internals, as well.”

Economist Steve Moore: “This is an amazing number … We’re seeing lots of jobs. We’re seeing tame inflation. It is really a beautiful picture … It’s hard to see anything to complain about. I’m sure Democrats will find something they don’t like.”

Bullseye Brief author Adam Johnson: “The GDP Price Index was only 2% and the expectation was 2.2%. In other words, we have an economy growing at 3%; we have inflation at 2%. That’s the best of both words, so I’m very positive on that report.”

Job Creators Network CEO Alfredo Ortiz: “The U.S. economy grew by an annualized 3% in the second quarter of the year—yet another data point that supports an interest rate cut by the Fed. Trump’s three-legged stool is working: balancing trade, cutting taxes, and slashing regulations are creating an economic boom.”

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I don't think we should put too much into GDP.  If the number is improving as you state above, I infer that I will temporarily enjoy the concurrence of our liberal associates here....since their only way of thinking is political power-centric.....but I will take it.

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16 minutes ago, Hardcore troubadour said:

🤣🇨🇦

Where's Tim? 

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3 minutes ago, SUXBNME said:

Where's Tim? 

Which one? I am home sick today, some kind of stomach flu. The news from Canada is good. Anytime tariffs are lowered on either side I get happy. Any time they’re raised on either side I am not. 

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4 minutes ago, The Real timschochet said:

Which one? I am home sick today, some kind of stomach flu. The news from Canada is good. Anytime tariffs are lowered on either side I get happy. Any time they’re raised on either side I am not. 

Hope you feel better.

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2 minutes ago, The Real timschochet said:

Which one? I am home sick today, some kind of stomach flu. The news from Canada is good. Anytime tariffs are lowered on either side I get happy. Any time they’re raised on either side I am not. 

Glad you agree. 

As far as the stomach flu, quit swallowing your day laborers jizz and this won't happen. Or so I'm told. :ninja:

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1 minute ago, Ron_Artest said:

Is this trolling or do you need me to explain this to you?

Gutterbanned says what?

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2 minutes ago, Strike said:

Gutterbanned says what?

Troll away.

Maybe a serious poster will show up and want to have a conversation about tariff revenue.

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Inverse Gutterboy strikes again. 

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2 hours ago, Ron_Artest said:

Troll away.

Maybe a serious poster will show up and want to have a conversation about tariff revenue.

LOL

Maybe but he'd be the first to post in this thread

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4 hours ago, Ron_Artest said:

What does this mean?

It means you don’t know what you’re talking about and should stop.  

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6 hours ago, Hardcore troubadour said:

It means you don’t know what you’re talking about and should stop.  

What specifically?

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