Donald Trump the Megathread part II - mod warnings in OP, Updated 18/03/25

It's too early to really see the tariffs impact as companies have stocked up and most items from China would be nonperishable.

If companies want to keep their profit margins then yes the tariff will be compounded throughout the supply chain. But a 10c widget bought from China and sold for $5 retail, there's a hefty profit margin there for the retailer to absorb/cushion the tariff.

It's really only when the tariffed goods (or lack of goods) starts hitting the shelves that you will see the impact.

You only have to look at the impact covid and the Russian invasion had with the supply chain/input costs to see how quickly inflation can rise.... The US is going to see both at once!

Mark Carney takes **** with more integrity and intelliegence than the Orange Buffon and his brains trust.

I really hope he schools the US in economics.

Oh Canada....

Trump said last year the stock market was going so well because the market assumed Trump was going to be president. Now he’s saying the economy has tanked due to Biden even though it’s 4 months since he took over? And MAGA lap it up

Credit to sky for going though all his bullshit:

I wouldn't be surprised in 2028, 3 years into the great US depression, he's still blaming Biden. As blind as the MAGA crowd are, I'd say every day more and more become disillusioned with him.

yeah 🫠

I said this yesterday, but this seems to be the latest thing going around social media and as someone who lives in vegas, I'm just not seeing it yet. Monday was the 3rd busiest day at the airport ever and everywhere is still packed. I know for a fact that in at least one of the big casino companies, earnings are up this year and hotel occupancy is still close to 100%, and is 100% at some properties. The state took in over a billion dollars in gaming tax just in March, and most of that is vegas. Also last year the super bowl was here so obviously bookings, spending etc will be a drop compared to that. If anything is putting people off it's the ridiculous charges like parking and resort fees as well as the extortionate cost of food and drinks on the strip but we will see how things go. I'm not looking forward to what the effects of a recession might be, certainly not wishing it on like some seem to be.

I wasnt here then but I've heard it was pretty bad, one of the worst hit cities. I hope we aren't heading for a similar situation

was there 15 years ago, a certain 5* hotel you see in loads of movies for 100$ for suite, ah great times

Grim tho for locals

It will be interesting to see what will happen between the Republican Congressional Representatives and Johnson, if there's broader dissent. He's manipulating parliamentary rules to prevent votes against Trump being brother by the Democrats currently, but what happens when reality starts to bite harder on his fellow party members? There are already voices speaking out against Hegseth, and when cuts to Social Security and Medicare are felt by voters, I can imagine things could get quite testy.

I’m actually on the fence here. He may well be dumb enough to believe it, on the other hand he is certainly cynical enough to know that if he just repeats and repeats it, enough people will believe him. It’s like the “eating the cats and dogs” thing. He more than likely knew that wasn’t true, but he doesn’t care as he knows that literally millions will believe whatever bullshit he feeds them.

If tourism bookings from abroad [outside US borders] are going downhill and the Admin succeeds in deporting all the "illegal" aliens, the hotel, casino and tourism industries are going to take a severe hit. Trump has been closing down national parks all over the US, firing their staff.

How much of the casinos, hotels and ancillary businesses are owned by US Co's and entities?

Not so sure. I think he believes whatever he's told or witnesses on Fox. He's convinced tariffs will make America great for example.

What national parks have been closed down? Also, you're not getting a job in a casino hotel if you don't have proof that you are legal to work in the US, even in a job unrelated to gaming. Its heavily regulated, and a casino is not about to risk their license, so deportations won't affect that industry so much. The likes of construction is a different story altogether though.

How long before the American public and media realise that Trump and his sycophantic cabinet haven't got a clue what the F they are doing with the economy and it is a total clown show?