Main St vs Wall St
pawz
Member, Moderator, Swaye's Wigwam Posts: 21,980 
I’m in your camp. This is my current thinking:
The Great Reset is the one where DJT sniffs out that a MAGA dynasty is highly likely if there is asset deflation and Main St books some wins over Wall St.
If the stock market is down, housing prices are down, deep budget cuts are enacted and systems of control around future spending are implemented, then:
1) long end of the curve rewards him with lower borrowing costs
2) less deficit spending means less money borrowed which then double rewards him via (1)
3) wage suppression goes away because of tighter border security and puts more money in folks’ pockets
4) housing costs come down as do mortgage costs via (1)
I wasn’t surprised that his budget plan rewards Main St and fills the coffers via taking away from the richest folks (via cap gains and things like sport team amortization)
Along all of these lines, tariffs seem like a necessary part of the solution.
Comments
Trump 2.0 is definitely a lot more concerned with the bond market than just the s&p. That's a good development.
Meanwhile, his opponents equate the Dow Jones with the full economy and their news reinforces this to them. A nation of @HHusky voters.
Side note, I never did see the massive downward revision of the Q2 2024 job numbers mentioned in the major news, nor did @HuskyBuck post it even after we all told him the numbers would be revised downward and were inflated, as always, to give a Democrat president some positive news coverage.
Proponents of the good higher inflation meeting here.
Where did you get any of that out of this thread?
I didn't notice you poasting the massive upward revision of Q4 jobs.
Daddy's a disaster for Main Street. Don't worry though; a depression would probably depress prices. Fingers crossed for you!
Wall Street will be fine.
Imagine claiming Biden had a great economy for 4 years and melting down over 3 weeks of Trump
And these are the smart kids
Same Dipshit who thought “Disability” was the ‘D’ in DEI, along with more people on Reddit and X than I could track.
Biden didn't deserve much of the credit for the good economy, but he didn't get in the economy's way. Daddy is trying like Hell to have more of an effect on the economy. Heaven help you.
H, one of your fellow DEI Retard has thoughts. Stupid people, terrible ideas, grifting off taxpayers, and constant racism.
Today’s Democrats.
I did great under Trump. Biden sucked. I intend to do great again
Your hurt snatch notwithstanding
Crying about the Trump economy three weeks in
The smart ones
MBA. Mind bending analysis.
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"How can we possibly know if doing stupid shit hurts us until we do stupid shit!", shrieked Race.
You still vote for the really stupid shit. Mind bending.
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We know what a Trump economy is retard
You've shown you're "intelligent" economics knowledge countless times here.