The name Trump doesn't even appear — see for yourself here (gift link) — though "capitalism gets a favorable mention* and two of the items are educational policies associated with the conservatives.**
_____________
* "Bolivian voters elected centrist Rodrigo Paz as president, ending two decades of socialist misrule. The economist campaigned on the slogan 'capitalism for all.'"
** School choice and phonics (though phonics is associated not with conservatives but with "advocates of the science of reading").
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45 comments:
New White House Ballroom at zero cost to the taxpayer. Love it.
"Despite Tarriffs, the SP 500 soared"
LOL.
Maybe...Because of tarriffs.
Top 10 best things of 2025 - J6 protesters pardoned.
https://share.google/GzZgYLfgk8kEqdnLB
RCOCEAN II said...
"Despite Tarriffs, the SP 500 soared"
LOL.
Economic illiterates suddenly learn about the dead weight cost of taxes. They can't figure out how basic incentives work.
Then they compound their stupidity by Calling it inflation.
If they close their eyes and stick their fingers in their ears, they can pretend that Trump never happened to 2025. "La-la-la, I can't hear you! La-la-la!"
Well their TDS is strong Ann... so they would never attribute anything to Trump just on principle..
(though phonics is associated not with conservatives but with "advocates of the science of reading")
PBS says, "Although many people are for phonics simply because they believe it works better, phonics is also a long-standing cause of the political right; in a number of communities it is one of the main organizing issues for the Christian Coalition. Whole-language is generally a cause of the left."
Closure of US AID?
Downsizing of Department of Education?
Border sealed tight is not a good thing?
Bless their hearts.
Grok: "USAID currently maintains 3,500 contracts worldwide which have been moved into the larger State Department budget. This effectively shields this spending from further scrutiny."
There has been no closure of USAID.
Patrick Poole on X: "Undefeated in hypothetical matches, though" / X https://share.google/nz5c8PGnsyGQsXxTd
Well, one good thing (sarcasm) is that Trump increased our national debt by over 13 trillion dollars with his Big Beautiful Budget Bill, which no one here who reads this will be held accountable for, but it will have to be paid for by all of your children and grandchildren, and bankrupt them. And Trump bailed out our Midwest farmers with over 13 billion dollars to compensate them for his disastrous tariffs, so maybe that is a good thing?
TSLA finished year 18% higher, a little less than my own portfolio, but not bad for them.
Pleased to see Michigan and Nebraska getting their butts kicked.
Considering the campaign of sabotage and ostracism carried out against him
"Border sealed tight is not a good thing?"
THE story of the year, IMO.
Considering federal spending for FY 2026 will be $7.294 trillion, we can safely say it will not increase our national debt by over $13 trillion.
Peace deals in eight wars not good enough?
Kamala/Walz Lost!
Happy New Year.
Argentina, Ecuador, Chile, Bolivia, Paraguay. A natural experiment in economic policy.
Also honduras's astura
This is not good, it stinks:
https://www.campusreform.org/article/son-minnesota-ag-collecting-110000-city-salary-despite-full-time-harvard-fellowship-1000-miles-away/28562
"Economic illiterates suddenly learn about the dead weight cost of taxes."
My experience with Globalists and free-traders is they provide assertions and never proof. Somehow, their "theory" never has to be proven by fact or real-life reality. this is an example of their "thinking":
Question: Why do so many rich countries have tarriffs if they're so bad?
Free trader: Uh, they're dumb.
Question: Why did the USA experience its highest growth while having tarriffs?
Free Trader: Uh, it would've been even higher without tarriffs.
Taxes bad. Free trade good. me economic caveman. Me no look at real world or history. Have theory.
'They never forget to steal' a classic line from casino
When Mayor Frey isn’t wolfing down awful offal and Timmy ain’t out ‘tardin’, they makin’ BANK:
https://x.com/PapiTrumpo/status/2006432028514713896?s=20
S&P 500 up 17% on the year. Everyone in retirement range made a killing this past year.
I thought the absence of DJT in the list was a reminder that reality exists apart from him. He appears in the comments, though, as does hostility to school choice. No mention in the list of lower prices. I saw gas today for $2.49. Didn't think I'd ever see that again during the Biden years.
Phonics shouldn't be a right-wing cause, but you know how the left is - how you feel about things is much more salient than how things are. And whole language instruction is all about feelings: cozy "reading" nooks where children look at pictures and make up stories, answers marked correct because a child "got the gist" - after all, a puppy (pictured on the page) is a kind of dog (as the word actually says on the page), social promotion so no child is made to suffer for not knowing how to read without the help of pictures...
That makes no sense, but i didnt learn to read by that crazy method
"S&P 500 up 17% on the year."
Stock markets, in particular the US is a great place to grow your wealth. I feel sorry for bond investors who got conned by the 60/40 portfolio and are sitting on huge losses, in particular the 30yr+ variety.
It's worth mentioning that international stock indices bounced from 20-year lows vs. the S&P 500 in price/earnings ratios, with the main MSCI All Country World ex-US index trading at two standard deviations below its average discount to the S&P 500 prior to the bounce back.
This is a healthy market rotation especially with US stock markets accounting for over 50% of world stock market capitalization.
But it's also important to note that this rotation is based on low prices for international stocks, not greater earnings for the most part. European defense companies are doing well based on more European government defense spending, and Japanese companies have been doing well, but I would be wary of Chinese stocks. There is more opacity with Chinese companies and growing numbers are losing money. They face the brunt of tariffs -- and that will continue- while the Chinese economy continues to weaken.
Also worth noting that the MSCI China index is still down from 5 years ago.
WaPoo is still radical left and Bezos has done nothing to get the crap sandwich into more of a center mode.
Wait. They're in favor of "School Choice" now?
At least four of those things on the list are directly attributable to our President.
We don’t hate the Washington Post enough.
Isn’t it cute how our Lefty friends are suddenly advocates of free trade and lower deficits.
Kak, our resident Deflector in Chief, is at it again.
Psychologists call it deflection. Deflection is a behavioral defense mechanism: when someone shifts attention away from something uncomfortable, avoids blame, or changes the subject to protect their self-image or avoid stress.
The Lefties here use it all the time, but Kak is the Master.
"Bolivian voters elected centrist Rodrigo Paz as president."
Scanning the list of articles about his election from various news sources without a paywall, he is mostly described as conservative or center-right more often than centrist.
Considering federal spending for FY 2026 will be $7.294 trillion, we can safely say it will not increase our national debt by over $13 trillion.
It is a leftist assumption, reality notwithstanding, that an increase in tax rates by X percent will generate X percent of current taxable income times inflation indefinitely into the future. Accordingly the continuation of the income tax rates which have been in place, instead of the massive tax increases which would prevail if the BBB had not passed, means that all of that theoretical future tax revenue is "lost." To leftists, the Laffer Curve is a pernicious myth.
Kak giving investment advice, after telling us all that the market was going to crash because of Trump's tariffs.
LOL.
Nasdaq, where I play, is up over 20% in 2024, and over 55% since April when the walls were closing in. Thanks Kak.
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