How long until the Trump administration pulls out of most public events?

[hawkjt]

One thing about SS and Medicare ...as it stands the good news is that even if nothing is done the shortfall will last only several years due to the aging out of the boomers.
By 2035 the youngest boomer will be 75.
Average lifespan in the USA is 77.
Soon after 2035 most boomers will be gone.
Then trust fund should start building again.

So fairly minor tweaks can bridge these programs and avoid any cuts.
Screw trump and elons fever dream of grabbing our investment pension funds.

 

[stanzithemanzi12]

We were in a recession from march 2020 to January 2022.

Yeah, so was the entire world. Covid. It wasn't Trump's fault.

 

[franklinman]

One thing about SS and Medicare ...as it stands the good news is that even if nothing is done the shortfall will last only several years due to the aging out of the boomers.
By 2035 the youngest boomer will be 75.
Average lifespan in the USA is 77.
Soon after 2035 most boomers will be gone.
Then trust fund should start building again.

So fairly minor tweaks can bridge these programs and avoid any cuts.
Screw trump and elons fever dream of grabbing our investment pension funds.

TAKE THE FUC'N CAP OFF, and you have no problem. Wake up.

 

[KFsdisciple]

Nope

They're gonna hold "rallies" with 50-100 paid performers and "green screen" in cheering crowds. With lovely stories about how his policies are making them all rich.

That strategy didn't work for the Dumbocrats, I wouldn't expect to work any better for Trump.

 

[thewop]

If you're within a year of retirement and hadn't yet moved your investments into safer waters then you might be sweating a bit.

Otherwise I wouldn't be too worried. The market likes certainty, and we just aren't going to have that in the first 3-6 months of Trump's presidency as he does what he was voted in to do.

Expect fear mongering and encouragement to react to the short term with rage, but resist and understand the agenda of those stoking the fear. When it's July 2026 and the markets are still a disaster, then I'll get concerned.

If course, I'll still wait 4 years to assess the presidency, but the reality is if he doesn't fix things in 18 months he isn't going to get anything done in years 3 or 4 because we the people will halt it.

 

[BioHawk]

I totally agree with you but I wish people would start calling Soc Sec and Medicare as worker pensions and worker healthcare coverage. Entitlements sound like they are given away. These are pensions that people paid into, it is their money, and no one should be messing around in those systems.

Of course, you just explained exactly why Republicans like to call them entitlements instead of what they actually are.

 

[hawkeyetraveler]

Jesus people. Take a breath. Have we forgotten that 3 years ago the S&P dropped 23 percent? It happens. The tariff talk will settle down and the economy will be fine after a recession. For anyone over 30 years old, you should know how this works by now. It’s been 17 years since the last one. We are due.

Well, except for the fact that this is a direct result of chaotic presidential incompetence. Sure markets can correct, but they aren’t usually caused by an administration issuing confusing and often conflicting orders on economic matters. One day we have tariffs on MX, the next day we don’t. During the election we didn’t hear a damn thing about Canada tariffs. Now all the sudden they are an economic enemy.

If you had plans to pour concrete for a new factory you would not do so in this environment. You would keep your powder dry until you had a good idea on where things are heading. And quite frankly in the business circles I run in no one can predict shit. It is major disincentive to investment.

The coming collapse is 100% on Trump.

100%

 

[Titanhawk2]

Things are getting ugly with this disaster on steroids. The natives are getting restless in all 4 corners of our fair nation, Vance was heckled incessantly as he addressed the League of Cities audience. Trump abruptly cancelled the rest of today’s itinerary as the stock market nosedived.

Meanwhile Bernie Sanders is packing gyms around the country in Redville Everywhere actually listening to working class people and their sudden shock and realization that they’ve been fooled once again by the GOP Swindle Machine.

The chefs kiss of course is Elon going on Fox News today saying that the only real cuts that will make a difference are to entitlements. He refused to actually say SS and Medicare/Medicaid thinking that most Americans don’t actually know what an entitlement is. If those cuts happen we may witness a parade in his honor, his body will be lifeless but his ego will be sated.

Unless things change drastically and soon, there’s no way Trump appears in any uncontrolled public setting. He will speak to us from a bunker at an undisclosed location. Book it.

Good thing the Dems have an 83 year old leading their charge

 

[sabula]

Yeah, so was the entire world. Covid. It wasn't Trump's fault.

Covid wasn't his fault. Just his horrible reaction to it, failure to take it seriously, actually know anything about it, and chaotic response to it, was.

 

[Obviously Oblivious]

Good thing the Dems have an 83 year old leading their charge

If the democrats hadn’t sabotaged that old man 8 plus years ago we wouldn’t even be discussing this disastrous Trump second term. You may not like it one bit, but Bernie actually connects with people across the political spectrum.

 

[Joes Place]

 

[Joes Place]

In 2022? No, it didn’t.

Yes. It absolutely did.

 

[RollingBallofButcherKnives]

Yeah, so was the entire world. Covid. It wasn't Trump's fault.

Whoa!!!!!??? So it wasn’t Biden’s fault either?

 

[lucas80]

I said it a few weeks ago, and I will say it again. There’s a reason people like Putin and Hitler (last few years) were completely isolated in hiding and never in public.

I’m not sure if Trump’s ego can accommodate that.

They are going to start holding emotional support rallies in super red parts of the country. Susie Wiles will get tired of Donald throwing burgers at the wall and let him pack a 1000 seat high school gym in Northern Georgia.

 

[Rifler]

Then trust fund should start building again.

There is no "trust fund". The money flows into the general account and gets slurped up faster than it can arrive,... This country has a very serious spending problem.

 

[Joes Place]

 

[sabula]

View embedded media

It's the old Bonespurs saying... don't believe your eyes, don't believe your ears, only believe what I tell you. And the lemmings usually do.

 

[sober_teacher]

If you're within a year of retirement and hadn't yet moved your investments into safer waters then you might be sweating a bit.

Otherwise I wouldn't be too worried. The market likes certainty, and we just aren't going to have that in the first 3-6 months of Trump's presidency as he does what he was voted in to do.

Expect fear mongering and encouragement to react to the short term with rage, but resist and understand the agenda of those stoking the fear. When it's July 2026 and the markets are still a disaster, then I'll get concerned.

If course, I'll still wait 4 years to assess the presidency, but the reality is if he doesn't fix things in 18 months he isn't going to get anything done in years 3 or 4 because we the people will halt it.

What in trumps history tells you he’s going to settle down? There’s zero reason to expect him to start acting rationally all of a sudden,

 

[Joes Place]

This'll Help!!!

Trump says he will raise tariffs on Canada metals to 50%

President Donald Trump said on Tuesday he has instructed his commerce secretary to add an additional 25% tariff on all steel and aluminum coming into the United States from Canada, bringing the total tariff on those products to 50%.

finance.yahoo.com

 

[SI_NYC]

Musk, a known absentee father, has been suspected of using his son X as a shield in public. If true, it's pretty disgusting but not surprising from the narcissist.

 

[stanzithemanzi12]

Covid wasn't his fault. Just his horrible reaction to it, failure to take it seriously, actually know anything about it, and chaotic response to it, was.

Should have taken it way less seriously, no shut downs. No spending.

 

[sabula]

This'll Help!!!

Trump says he will raise tariffs on Canada metals to 50%

President Donald Trump said on Tuesday he has instructed his commerce secretary to add an additional 25% tariff on all steel and aluminum coming into the United States from Canada, bringing the total tariff on those products to 50%.

finance.yahoo.com

Amazing that he has turned a relationship in the matter of a few of one of our strongest allies, our country's best friend, our near neighbor, into something that Canadians probably hate. He's a moron.

 

[CarolinaHawkeye]

Lol. Trump will speak to you people right to your faces. To think Trump is going to go into hiding because of a 10-15% market correction is laughable.

He's doing what he was voted in to do.

Turning America into a shithole.

 

[thewop]

What in trumps history tells you he’s going to settle down? There’s zero reason to expect him to start acting rationally all of a sudden,

Business thrives on stability and predictability. He knows that. Business also thrives when waste is eliminated, and when useless regulations are eliminated, he knows that. He's well aware that migrant labor fuels a significant portion of our economy, but also understands that the system can't thrive and lives are lost when too many illegals are allowed to be a drain, some of whom are criminals that actually cost American lives.

Fixing all of those issues will cause short term economic "harm" due to the way we measure GDP and our economy. That isn't lost on the Trump admin, but it also doesn't mean that the items above shouldn't be addressed for the long term good. It's ling overdue and somebody had to do it. He knows Dems would criticize anything he did regardless, and knows the midterms will effectively end his presidency if things aren't headed the right direction well in advance.

All of that makes me believe it's highly likely he plans to have the economy steadily recovering within 12 months or so, showing growth within 18 months, which will be very strong on top of a lean cost basis while minimizing foreign drains on our economy.

To me it's well worth giving it a chance.

 

[Joes Place]

but also understands that the system can't thrive and lives are lost when too many illegals are allowed to be a drain

Immigrants (even illegals) are a net benefit to the US economy, AINEC.

Deport them all, and you have no one to work in your meat packing, dairy and farm industries. Costs for the labor (if they can even get it) in those industries will go up 2x-3x or higher. Direct line from that to your restaurant and groceries prices.

 

[jneffer]

Business thrives on stability and predictability. He knows that. Business also thrives when waste is eliminated, and when useless regulations are eliminated, he knows that. He's well aware that migrant labor fuels a significant portion of our economy, but also understands that the system can't thrive and lives are lost when too many illegals are allowed to be a drain, some of whom are criminals that actually cost American lives.

Fixing all of those issues will cause short term economic "harm" due to the way we measure GDP and our economy. That isn't lost on the Trump admin, but it also doesn't mean that the items above shouldn't be addressed for the long term good. It's ling overdue and somebody had to do it. He knows Dems would criticize anything he did regardless, and knows the midterms will effectively end his presidency if things aren't headed the right direction well in advance.

All of that makes me believe it's highly likely he plans to have the economy steadily recovering within 12 months or so, showing growth within 18 months, which will be very strong on top of a lean cost basis while minimizing foreign drains on our economy.

To me it's well worth giving it a chance.

again...none of the current market conditions are the aftershocks of changes to significant regulation or spending changes from the federal government

BECAUSE THOSE THINGS HAVEN'T ACTUALLY HAPPENED YET!

if you think the changes in regulation and spending trump will bring about are going to result in significant market impacts, those are going to be IN ADDITION to what's happening now

 

[hawkeyetraveler]

Business thrives on stability and predictability. He knows that. Business also thrives when waste is eliminated, and when useless regulations are eliminated, he knows that. He's well aware that migrant labor fuels a significant portion of our economy, but also understands that the system can't thrive and lives are lost when too many illegals are allowed to be a drain, some of whom are criminals that actually cost American lives.

Fixing all of those issues will cause short term economic "harm" due to the way we measure GDP and our economy. That isn't lost on the Trump admin, but it also doesn't mean that the items above shouldn't be addressed for the long term good. It's ling overdue and somebody had to do it. He knows Dems would criticize anything he did regardless, and knows the midterms will effectively end his presidency if things aren't headed the right direction well in advance.

All of that makes me believe it's highly likely he plans to have the economy steadily recovering within 12 months or so, showing growth within 18 months, which will be very strong on top of a lean cost basis while minimizing foreign drains on our economy.

To me it's well worth giving it a chance.

Except he promised the market would go up, not crash.

Except he promised prices would come down on day 1, not keep going up.

Except he never promised anything about Canada in his campaign speeches, it was all MX and China.

Except there are better ways to administer fiscal cuts without relying on the whimsy of America’s richest man.

Except there are better ways to encourage investment in America than a destructive trade war.

And that is just the tip of the iceberg in the exceptions one should acknowledge to what you wrote.

The point? This is NOT binary. There are many ways to skin the fiscal cat and the Trump admin appears to be doing it in the worst way possible.

 

[Bulldogs1974]

#1. 10% correction isn't a crash.
#2. Let's see where stock market is in 3 years.

#3 I voted for long term prosperity, not short term amateur investor hour.

in three years an adult will be back on their way to the white house. The markets will correct based on that fact alone.

 

[Joes Place]

again...none of the current market conditions are the aftershocks of changes to significant regulation or spending changes from the federal government

BECAUSE THOSE THINGS HAVEN'T ACTUALLY HAPPENED YET!

if you think the changes in regulation and spending trump will bring about are going to result in significant market impacts, those are going to be IN ADDITION to what's happening now

thewop thinks that because there's one or two outdated regulations, we need to eliminate ALL regulation
That's how the Libertarians and MAGAs think these days. We cannot critically analyze all our regulations and update the ones we need to, we need to just erase the chalk board and "see what happens"...

 

[Joes Place]

when too many illegals are allowed to be a drain

Episode #1,302,453 of thewop being woefully misinformed on "immigrants"




In fact, immigrants here illegally do not collect Social Security. But they pay $25.7 billion a year into it, a recent study found, so these undocumented workers are actually subsidizing Americans.

 

[hawkeyetraveler]

thewop thinks that because there's one or two outdated regulations, we need to eliminate ALL regulation
That's how the Libertarians and MAGAs think these days. We cannot critically analyze all our regulations and update the ones we need to, we need to just erase the chalk board and "see what happens"...

Imagine a world where airplanes didn’t have regulated spectrum to communicate to each other or the FAA. Imagine a world where people could mine the Grand Canyon. Imagine a world where you had different electrical outlets based on whatever state you lived in. Imagine a world where you drive on the right in Chicago, but on the left in Iowa. Imagine a world where you bartered for goods and services without a standard medium for the exchange of goods. Imagine a world where banks could prey on financially illiterate people with 30%+ interest rates.

I’m generally a small government fiscal conservative. But some regulation IS necessary. It just is.

 

[Joes Place]

Imagine a world where airplanes didn’t have regulated spectrum to communicate to each other or the FAA. Imagine a world where people could mine the Grand Canyon. Imagine a world where you had different electrical outlets based on whatever state you lived in. Imagine a world where you drive on the right in Chicago, but on the left in Iowa. Imagine a world where you bartered for goods and services without a standard medium for the exchange of goods. Imagine a world where banks could prey on financially illiterate people with 30%+ interest rates.

I’m generally a small government fiscal conservative. But some regulation IS necessary. It just is.

Imagine a country where they put spoiled meat into canned meat containers, formaldehyde in spoiled milk to "sweeten it up", calves brains in milk to "make it creamier" and brick dust in coffee to thin it out.

Those were the days, yo....

 

[GOHOX69]

Things are getting ugly with this disaster on steroids. The natives are getting restless in all 4 corners of our fair nation, Vance was heckled incessantly as he addressed the League of Cities audience. Trump abruptly cancelled the rest of today’s itinerary as the stock market nosedived.

Meanwhile Bernie Sanders is packing gyms around the country in Redville Everywhere actually listening to working class people and their sudden shock and realization that they’ve been fooled once again by the GOP Swindle Machine.

The chefs kiss of course is Elon going on Fox News today saying that the only real cuts that will make a difference are to entitlements. He refused to actually say SS and Medicare/Medicaid thinking that most Americans don’t actually know what an entitlement is. If those cuts happen we may witness a parade in his honor, his body will be lifeless but his ego will be sated.

Unless things change drastically and soon, there’s no way Trump appears in any uncontrolled public setting. He will speak to us from a bunker at an undisclosed location. Book it.

So did Adolph, at the end.

 

[95Hawk]

Is Trump planning a car ride in downtown Dallas in the near future?

Asking for many friends.

 

[sabula]

Should have taken it way less seriously, no shut downs. No spending.

That's the ticket. Then we could have had 16 million deaths instead of just 8 million dead souls. Sounds like something Bonespurs would plan.