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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Banksy 🐝🐝  😊 😞
Number: of 48448 
Subject: 12 Days Till Prices Come Down!
Date: 01/08/2025 9:14 AM
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No. of Recommendations: 11
My models show a 94% chance that Trumps 2nd term will contain as much idiocy and dishonesty as his first...

"When I win, I will immediately bring prices down, starting on day one. We will drill, baby, drill. That’s going to bring down prices of everything!" ~Donald Trump

"When I take office, I will swiftly reduce prices starting from day one." ~Donald Trump

"I won on the border, and I won on groceries, very simple word, groceries. Like almost nobody -- you know, who uses the word? I started using the word -- the groceries.
When you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price over a short period of time, and I won an election based on that.
We're going to bring those prices way down." ~Donald Trump

Economists note that Trumps proposed policies will actually worsen inflation:
Tariffs: Trump's plan to impose substantial tariffs on imports, particularly from China, would lead to increased prices for consumers.
The Peterson Institute estimates that Trump's tariff policies could cost the average middle-income family at least $1,700 annually.
Immigration policies: Deporting millions of immigrant workers could force employers to pay higher wages to attract a shrinking labor pool, adding to pricing pressures.
Tax cuts: Sharp corporate tax cuts would act as an inflationary fiscal stimulus. (See Trumps 1st term.)
Higher deficits: would also act as an inflationary fiscal stimulus. (See Trumps 1st term.)

https://www.cnn.com/2024/12/12/economy/grocery-pri...

https://abcnews.go.com/Politics/trump-now-bringing...

https://apnews.com/article/trump-inflation-tariffs...

https://www.cbsnews.com/news/trump-economy-inflati...
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Author: ges 🐝  😊 😞
Number: of 15059 
Subject: Re: 12 Days Till Prices Come Down!
Date: 01/08/2025 9:22 AM
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you know, who uses the word? I started using the word -- the groceries.

Well, clearly it's a word Trump has never had to use. He's never had occasion to have to think about 'groceries' or going to a 'grocery store'. The silver-spooned baby man.

I have to laugh at this bozo. Not a happy laugh...kind of a sad laugh, because, though he's a fool, he's a very dangerous fool who has brought harm to this country and its citizens. More to come.
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Author: bighairymike   😊 😞
Number: of 15059 
Subject: Re: 12 Days Till Prices Come Down!
Date: 01/08/2025 11:52 AM
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Banksy: Tariffs: Trump's plan to impose substantial tariffs on imports, particularly from China, would lead to increased prices for consumers.
The Peterson Institute estimates that Trump's tariff policies could cost the average middle-income family at least $1,700 annually.


Perhaps if this tranche of tariffs were made permanent, and then not to the degree the hair-on-fire progressives hope it has. Trumps tariffs are meant to influence behavior such as border security and be avoided.


Banksy: Immigration policies: Deporting millions of immigrant workers could force employers to pay higher wages to attract a shrinking labor pool, adding to pricing pressures.

Trump and Homan have made it very clear who the focus is on. Criminals, aliens who come here not to work for wages but to harvest new victims. Your migrant worker or waiter is not likely to be a dedicated criminal with a long rap sheet including vicious assaults on citizens and other law abiding migrants.


Banksy: Tax cuts: Sharp corporate tax cuts would act as an inflationary fiscal stimulus. (See Trumps 1st term.) Higher deficits: would also act as an inflationary fiscal stimulus. (See Trumps 1st term.)

Mostly wrong. Excess spending out running increasing revenues is the primary driver of inflation. Federal Tax Revenues are actually up quite a bit following passage of Trump's Tax Cuts in 2018. This chart shows it pretty well, you may have to enlarge the image.

https://www.usgovernmentrevenue.com/include/usgr_c...

Above chart from this site:
https://www.usgovernmentrevenue.com/federal_revenu...

Here is another chart I found that shows the revenue increase in a somewhat simplified presentation: here also you may have to enlarge the image.

https://external-content.duckduckgo.com/iu/?u=http...














Tax cuts: Sharp corporate tax cuts would act as an inflationary fiscal stimulus. (See Trumps 1st term.)
Higher deficits: would also act as an inflationary fiscal stimulus.
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Author: EchotaSheeple   😊 😞
Number: of 15059 
Subject: Re: 12 Days Till Prices Come Down!
Date: 01/08/2025 12:00 PM
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Liberals side with American Criminals.


Now Liberals are doing all they can to support and distract from - illegal alien criminals.


Club 401K and Sheeple are at least fair: They love all the criminals.


I'd deport them to Austin. NYC Bethesda. Paris - for starters.

I wish Mush would think of that one
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Author: PinotPete 🐝  😊 😞
Number: of 15059 
Subject: Re: 12 Days Till Prices Come Down!
Date: 01/09/2025 8:57 AM
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Trump and Homan have made it very clear who the focus is on. Criminals, aliens who come here not to work for wages but to harvest new victims. Your migrant worker or waiter is not likely to be a dedicated criminal with a long rap sheet including vicious assaults on citizens and other law abiding migrants.

But that's not what they say. Homan has said very specifically that if you're here illegally, you're a criminal. "Your migrant worker or waiter" here illegally are still a criminals. Full stop.

Pete
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Author: MisterFungi   😊 😞
Number: of 15059 
Subject: Re: 12 Days Till Prices Come Down!
Date: 01/09/2025 9:47 AM
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BHM: <<Federal Tax Revenues are actually up quite a bit following passage of Trump's Tax Cuts in 2018. >>

That's irrelevant. As was demonstrated definitively with previous tax cuts, revenues were less than *they would have been* absent the tax cut.

"TCJA reduced revenue significantly relative to what would have been generated had the law not passed. That is, nothing approaching a Laffer Curve effect applies to TCJA. In fact, the TCJA reduced revenues significantly. In 2018 and 2019, total federal revenue was $545 billion, 7.4 percent lower than projected before TCJA (CBO 2020). Relative to pre-TCJA projections, income tax revenue declined 6.9 percent, and corporate tax revenue declined by more than 37 percent (Figure 1). These declines are not the product of overly optimistic prior projections. If they were, payroll tax revenues, which were unaffected by TCJA, would have declined relative to pre-TCJA projections. But predicted and observed payroll tax revenue track very closely in 2018 and 2019."

source: https://www.brookings.edu/wp-content/uploads/2021/...

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