Off Topic > General Discussion

The Trump Presidency

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Peter B:

--- Quote from: raven on February 03, 2025, 05:40:32 PM ---Well, now we got a fun little trade war going on with you guys, eh?
That'll aboot bring down the price of eggs, fer sure, eh?
Gods, this timeline gets dumber and dumber with each day.

--- End quote ---

Well, at least most of Australia has largely escaped the worst of the new tariffs, at 10%. Australia's territory of Norfolk Island will instead cop a 29% tariff...which doesn't make a lot of sense seeing as it apparently doesn't export anything to the USA.

Making even less sense is specifically listing Heard and McDonald Islands for a 10% tariff. First, the islands are another Australian territory, so why bother listing them separately from Australia? Second, they're uninhabited...by humans anyway.

raven:
Clearly, those penguins are up to something. Feathers McGraw shall have his revenge!
Again!

JayUtah:
Somebody must have told Trump that those noises Pingu makes are penguinish for "Trump has tiny hands," or something.

There's a great Twitter thread making the rounds showing that the tariff numbers are a stupid simple formula that misunderstands several basic economics metrics.

Peter B:

--- Quote from: JayUtah on April 03, 2025, 08:31:11 PM ---Somebody must have told Trump that those noises Pingu makes are penguinish for "Trump has tiny hands," or something.

There's a great Twitter thread making the rounds showing that the tariff numbers are a stupid simple formula that misunderstands several basic economics metrics.

--- End quote ---

Is there any way you can point us to it?

Anyway, this video claims that Trump's economic advisers actually have a plan, and that there is at least some vague sort of logic behind it: https://youtube.com/watch?v=1ts5wJ6OfzA (24 minutes)

Peter B:
Never mind, I assume this 10 minute video explains what's going on, including decoding the scary formula...

https://youtube.com/watch?v=PWhv-06DNjE

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