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Helluva year

Listen to your son olD man
Got a new (for me ) cast off from a Grandson upgrading his cell.

Asked John to help me set it up !
You recall he has his Master's in something called Cybersecurity and his TSSC, which got him hired & promoted with a international computer company.

"Dad, ask one of my Brothers, you aren't smart enough !"

Old Flip phone users, UNITE !

He asked me if I had an Apple cell ? I didn't know !
He said turn it over ! I saw the bitten Apple !
 
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This is an example of why states like Colorado and Washington are struggling with high crime. Light on prosecution, and heavy on repeat offenders. Protecting the worst of the worst over law abiding citizens.
There is a very small percentage of the population that are career or just one time criminals !

Lock up the career ones and crime drops dramatically !

Bring in or allow in thousands of the career ones and crime moves up !

Simple formula !

Bleeding hearts.... ignore them !
 
They have to be paid for by taxes of some form. Sales tax burdens the middle class lower class disproportionately, places larger proportion of burden on them and off of upper class. Surprise as to whom RDS is aiming to help.
Yet States like Florida (which returned a surplus of $ 900,000,000) or Tenn can be well run on with fiscal responsibility sense as key to projects.

New York State AND local Municipal EVENT !

Asphalt patching, NOT repaving, on our road in front !

1 Dump truck with asphalt.
1 Driver
2 Guys moving Construction signs, as they progress up the street.
3 Guys smoothing out asphalt, dumped, each holding a rake.
1 Guy driving Roller/Smooth machine.
1 Guy sitting on passenger seat of asphalt truck.
1 Guy supervising this production, with his own State pickup.
 
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Sheriff, local government services...we pay for their damn retirement pensions while we pay for our own retirement. It isn't idiotic to do away with them. Find a different way to fund it. And no. Property Taxes being paid/not paid do not benefit the wealthy. No property taxes benefits the first time home owner and the lower income folks who are home owners.
An idea that needs to return !

My first home purchase was a new home built on spec by local builder.
Because of that , I was able to be granted a Federal Tax CREDIT of $ 2,000 on what I owed !
Which back in those days I was making poop, so it was NO Federal income tax that year, all $ refunds !
 
"President Donald Trump plans to sign an executive order that will revive a controversial policy from his first term that aims to reduce drug costs by basing payments for certain medicines on their prices in other countries. He will be joined by Health and Human Services Secretary Robert F. Kennedy Jr. at a news conference this morning."

I thought Biden did a lot of EO's but Trump is non stop. Since I agree with most of Trump's I'm leaning favorable toward his EO's but it sorta makes the congress irrelevant. I know the opposition is filing lawsuits like crazy but I'm sure lawsuits were filed against Biden and I don't remember them being very successful. Kinda a crazy form of government we have arrived at.
 
"Don't worry, be happy !"

I have more toilet paper for $ 10 a roll ! Free shipping for 10 + rolls.

I have no Baby formula, as I loved to watch, nature's way !

Up 60 % and closed out 2 of 5 of Friday trades !

Bye the bye: the DJIA did open UP 1,000 +
 
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Reactions: bung23

And just like that, our other Reagan conservative has gone missing - DTrainged.

What a weekend

  1. HAMAS to release final living US hostage
  2. Ukraine approves minerals deal
  3. Putin & Z face to face arranged
  4. Negotiated Pakistan-India cease fire
  5. Big Pharma prices E.O.
  6. China trade thaw - stocks up 1000
  7. Democrat insurrection in NJ as elected Democrats attack federal agents at ICE facilty.
This all adds up to a blue wave in 28.
 
And just like that, our other Reagan conservative has gone missing - DTrainged.

What a weekend

  1. HAMAS to release final living US hostage
  2. Ukraine approves minerals deal
  3. Putin & Z face to face arranged
  4. Negotiated Pakistan-India cease fire
  5. Big Pharma prices E.O.
  6. China trade thaw - stocks up 1000
  7. Democrat insurrection in NJ as elected Democrats attack federal agents at ICE facilty.
This all adds up to a blue wave in 28.
AND 2026 !
 
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Reactions: tjfleck6
Update on the national crime rate. Not sure why anyone on this chain should really care about Colorado besides Rilla (and despite the constant posting, I believe the data does show the crime rate started dropping there in 2024). Trump is about to preside over the safest year in Amercian history as far as murders go since the data began being recorded in 1960.

Fwiw, after a huge spike between 2020-22, the murder rate decreased by 10-12% in 2023 and somewhere in the range of 14% in 2024. The drop thus far (still a ways to go) in 2025 is even more profound, over 20% in many of our major metros thus far in 2025.

Full write up below.
____________________

How 2025 Could Feature The Lowest US Murder Rate Ever Recorded
Maybe!
Jeff Asher
May 12

The question recently got raised over on Bluesky regarding whether 2025 will feature the lowest murder rate in the US ever recorded. Shockingly, considering how much murder increased in the United States from 2020 to 2022, the answer is a very definitive “it’s plausible!”

US Murders & Rate, 1960 - 2023

There are predictably a few disclaimers to make before beginning to evaluate the likelihood of a record low murder rate.

First, the FBI reported a 12 percent drop in murder occurred in 2023 — the most recent year of reported data — which largely matches what the Real-Time Crime Index reported for 2023 (-10.7 percent). Of course, the FBI regularly revises the most recent year of reporting so the FBI’s reported 2023 murder rate may increase to more closer align to what the RTCI showed. It could also be revised even higher which may render this entire post moot.

Second, crime data reporting is not always complete and is always imprecise. The FBI’s estimates from the 1960s occurred before state UCR programs took over and improved agency reporting practices.

Third, the 2021 data was and remains terrible but it’s being included here for the sake of completeness.

Fourth, there is still more than half the year remaining in 2025. Trends can change, even if we’re measuring them accurately now.

And, finally, this is just a guesstimate to answer the question “is it possible.” Maybe around Halloween we can say “it’s likely” or “it’s not happening”, but right now we can only guesstimate whether the possibility exists.

With those disclaimers in mind, let’s be conservative with the 2023 murder figure and assume the FBI is going to increase it when then 2024 Uniform Crime Report is published this Fall.

The FBI didn’t release national estimates for 2021, but murder counts for every other year from 2018 to 2022 increased when the next annual estimates were released. It stands to reason, therefore, that the 2023 murder estimate will be revised up a bit when the 2024 figures are released.

FBI Revisions of Murder Counts in Following Report, 2018 - 2023

Doing so has the handy effect of bringing the 2023 count more in line with what the RTCI showed.

Let’s increase the FBI’s 2023 murder count by 200 murders to 19,450 which would be right smack in the average of 2018 and 2019’s increase. I’ve written before about why the 2023 estimates were probably better than the 2020 and 2022 estimates and so should need a smaller revision, so a revision of that magnitude makes sense during this hypothetical exercise. It could be bigger but will probably be smaller than the revisions was to the 2022 figures.

Next, the RTCI points to a 14 percent decline nationally in the current sample of more than 400 agencies in 2024. It could be a little more, could be a little less, but applying a 14 percent decline puts the US murder rate in 2024 at just under 5 per 100,000. Calculating this rate assumes an identical population growth in the FBI estimates from 2023 to 2024 as occurred form 2022 to 2023.

Note that this guesstimate puts 2024 at roughly the same level at 2018 and 2019. The RTCI has murder slightly higher in 2024 than in 2019, so it wouldn’t be a big surprise to see the murder rate slightly higher in 2024.

Which brings us to 2025 and the initial question. Will the US murder rate in 2025 be below 2014’s historic low?

The assumptions I’m using are:

The 2023 murder count is revised up by 200ish murders.

Murder fell around 14 percent in 2024 based on the RTCI meaning there were around 16,700 murders in the US in 2024.

The US population grew steadily from 2023 to 2024 and 2024 to 2025.

It’s still early in 2025, but murder is down an enormous amount so far. The RTCI has it down more than 20 percent through February, fatal shootings are down 14 percent in the Gun Violence Archive, the Major Cities Chiefs Association has homicide down more than 20 percent in the first quarter, and I recently found a greater than 20 percent decline in the 30 cities with the most murders in 2023.

Still, it’s early and this trend could regress back towards a more normal rate of decline. Running the numbers suggests that a 10 percent or more decline in murder nationally in 2025 would roughly tie 2014 for the lowest murder rate ever recorded.

There are a ton of hypotheticals and factors that could change, and I hate to call the 2025 figures in the below graph showing US murders and rates with the above assumptions and a 10 or 15 percent decline anything more than a guess. But it’s fairly clear that a decline in the direction we’re currently seeing would safely give 2025 the title of lowest US murder rate ever recorded.

Another way to think of it is that following the trendline in the RTCI that murder has been on since mid-2022 in the RTCI and extending it out until the end of 2025 with no change would mean about 7,000 murders in this sample of 400ish cities. This sample accounted for a little more than 49 percent of murders that were estimated nationally in 2022 and 2023, so if that held true again then you’d be looking at about 14,100 murders nationally in 2025 and a rate of 4.2 per 100k.

Still, this trend could change or the decline could soften over the remainder of the year. The decline has a floor to it — just as the increase had a ceiling — and we won’t know where it is until we reach it. The counterpart to this entire line of reasoning is that it's May and our data covers 2 or 3 complete months, tops. Reading too much into trends at this point is, much like our mini Aussie puppy, nutso bananas.

So, to definitively answer the question of whether 2025 will feature the lowest murder rate ever recorded, I would say “maybe.” The math generally checks out, and the idea that it’s even plausible just 5 years after the largest increase in murder ever recorded is quite remarkable. Still, there’s a lot of time left in 2025 and these trends could change for the worse.

If this decline continues through the Fall then we should seriously start having a discussion about the probability of a record breaking year. Until then, it’s sufficient to be aware of and measuring the possibility of a new record low.
 
And just like that, our other Reagan conservative has gone missing - DTrainged.

What a weekend

  1. HAMAS to release final living US hostage
  2. Ukraine approves minerals deal
  3. Putin & Z face to face arranged
  4. Negotiated Pakistan-India cease fire
  5. Big Pharma prices E.O.
  6. China trade thaw - stocks up 1000
  7. Democrat insurrection in NJ as elected Democrats attack federal agents at ICE facilty.
This all adds up to a blue wave in 28.

Huh? I don't need to weigh in on every thought you have (a bunch of those items don't really have a thing to do with Trump), but I do feel the need to comment on trade "deals."

1. The deal with Britain maintains the 10% tariffs on goods from the UK. The UK has very low import duties on American products regardless, but there were some reductions for American producers that are good. American consumers - who buy less British stuff than British consumers buy American stuff (we are "winning" Trump's dumb calculus) are clear losers from before the trade war with respect to UK products.

2. The temporary reprieve with China ends with a 90-day tariff rate increase on Chinese goods of 30% above what was paid in early 2025, with American imports to China being hit with "only" a 10% rate. One could argue the 30% increase is a "rational" amount if we wanted to further push supply chains out of China, but obviously there was no necessity to go to 145% to get there. The end outcome hurts both American consumers (moderately) and producers (a small amount). And while I'm not generally against this outcome on the grounds of national security, there was no need to impose significant economic pain and freeze a lot of the trade-related economic activity for 6 weeks if we end up in this range. This "early deal" with China also belies the concept that we were actually employing a China-isolation strategy rather than just a "Trump loves tariffs" policy (which was not a plan but a stupid idea).

3. Charles C.W. Cooke commented on The Editors podcast (National Review) the other day that "Trump can have the tariffs or he can have everything else" (because the tariffs are going to overwhelm his Admin should they stay very high). Seems like some in the Admin understand this, and they are pivoting to minimize the damage from a self-created tariff crisis. I am quite concerned myself about economic performance the rest of 2025, but I think based on recent moves that come 2026 things will get better, in large part because the tariffs just won't remain that high.

4. Non-tariff related, but I have commented that the US actions in Ukraine since roughly mid to late March have been much improved. Vance nuked the meeting with Z (not Trump, whom Vance obviously manipulated in the moment). Since that time, cooler heads have prevailed, and Putin's notable lack of progress across the entire front since at least September 2024 clearly has him considering exit options. I think the Russians are aware they cannot make major advances without massive mobilization and staggering additional casualties. I'm not sold the war is on the cusp of ending, but I do think a real ceasefire this year is possible. The point of continued hostilities for Russian gains of meters is hard to understand. Separately, it's worth noting that, since the end of summer 2022 (about 6 months into the war), Ukraine has retaken more territory than it has lost, by quite a bit. I don't think Ukraine is currently capable of another major offensive, but the Russians have performed pathetically the entire war.
 
Stocks soaring. DJI is already up 2.5% on the day.

So the market approves of tariff reductions? Is this news?

This is vindicating the people who said the trade war/tariffs are stupid. The lower they get, the better it is for the large majority of American stocks and consumers. Imagine how the market would do if we waived a wand and eliminated all import duties on every product worldwide (that's a fantasy and there are some national security-related items that do need a level of protection in many countries).

Btw, the question of globalization is best summed up in the attached chart. While there have been losers from globalization (including certain areas in the Rust Belt which had very high levels of manufacturing employment, tho automation had more impact than globalization), the huge majority of Americans have won. Maybe it's not in the interest of politicians to tell this story, but that doesn't make it any less true.

 

This is brilliant from Bessent, he's flattering Trump while pursuing a more rational trade policy (Bessent would favor working to eliminate trade barriers if he could). I think Biden was weak too, but don't care that much about what the Chinese actually thought as they didn't take any major anti-American actions during the Biden term.
 
Are we still expecting empty shelves in the next couple weeks?

Considering we stopped the normal flow of goods for 6 weeks and are still increasing import duties by 30%, there will be impacts. They will be far less profound than they would have been had we done nothing for a year tho.
 
"President Donald Trump plans to sign an executive order that will revive a controversial policy from his first term that aims to reduce drug costs by basing payments for certain medicines on their prices in other countries. He will be joined by Health and Human Services Secretary Robert F. Kennedy Jr. at a news conference this morning."

I thought Biden did a lot of EO's but Trump is non stop. Since I agree with most of Trump's I'm leaning favorable toward his EO's but it sorta makes the congress irrelevant. I know the opposition is filing lawsuits like crazy but I'm sure lawsuits were filed against Biden and I don't remember them being very successful. Kinda a crazy form of government we have arrived at.

The EOs on items like this are likely unconstitutional and unenforceable. Just be patient until the courts weigh in.
 
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Considering we stopped the normal flow of goods for 6 weeks and are still increasing import duties by 30%, there will be impacts. They will be far less profound than they would have been had we done nothing for a year tho.

I'm sure there will be some.

I'm just doubting there will be COVID style panic/shortages, like someone predicted on here a couple weeks ago.
 
I'm sure there will be some.

I'm just doubting there will be COVID style panic/shortages, like someone predicted on here a couple weeks ago.

Not sure who predicted what, but the goods most likely to be impacted in a trade war with China are relatively inexpensive consumer items like toys, clothes/shoes, and some other items that I'm sure we could look up. For the most part, I think shortages in such items were a likely outcome, but panic less so because they aren't critical to daily life.

The big issue we are dealing with here is pricing, especially to Americans sensitive about recent inflation.
 
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The EOs on items like this are likely unconstitutional and unenforceable. Just be patient until the courts weigh in.
It is total BS that drug companies charge a lot more for the same drug in the US than in other countries. So I hope the courts don't overturn this one. What I was commenting on is that first with Biden and now Trump so much "legislation" is happening in the executive branch. We know that agencies like the EPA have done this for years but the oval office? It definitely is on a steep upward trend.
 
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It is total BS that drug companies charge a lot more for the same drug in the US than in other countries. So I hope the courts don't overturn this one. What I was commenting on is that first with Biden and now Trump so much "legislation" is happening in the executive branch. We know that agencies like the EPA have done this for years but the oval office? It definitely is on a steep upward trend.
If you have expensive meds, you can order through online pharmacies from Canada and they tend to be cheaper by a considerable amount
 
Got a new (for me ) cast off from a Grandson upgrading his cell.

Asked John to help me set it up !
You recall he has his Master's in something called Cybersecurity and his TSSC, which got him hired & promoted with a international computer company.

"Dad, ask one of my Brothers, you aren't smart enough !"

Old Flip phone users, UNITE !

He asked me if I had an Apple cell ? I didn't know !
He said turn it over ! I saw the bitten Apple !
I remember when I had to help my grandparents set up their VCR and "universal" remote.
 
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Reactions: bung23 and BigWill
Update on the national crime rate. Not sure why anyone on this chain should really care about Colorado besides Rilla (and despite the constant posting, I believe the data does show the crime rate started dropping there in 2024). Trump is about to preside over the safest year in Amercian history as far as murders go since the data began being recorded in 1960.

Fwiw, after a huge spike between 2020-22, the murder rate decreased by 10-12% in 2023 and somewhere in the range of 14% in 2024. The drop thus far (still a ways to go) in 2025 is even more profound, over 20% in many of our major metros thus far in 2025.

Full write up below.
____________________

How 2025 Could Feature The Lowest US Murder Rate Ever Recorded
Maybe!
Jeff Asher
May 12

The question recently got raised over on Bluesky regarding whether 2025 will feature the lowest murder rate in the US ever recorded. Shockingly, considering how much murder increased in the United States from 2020 to 2022, the answer is a very definitive “it’s plausible!”

US Murders & Rate, 1960 - 2023

There are predictably a few disclaimers to make before beginning to evaluate the likelihood of a record low murder rate.

First, the FBI reported a 12 percent drop in murder occurred in 2023 — the most recent year of reported data — which largely matches what the Real-Time Crime Index reported for 2023 (-10.7 percent). Of course, the FBI regularly revises the most recent year of reporting so the FBI’s reported 2023 murder rate may increase to more closer align to what the RTCI showed. It could also be revised even higher which may render this entire post moot.

Second, crime data reporting is not always complete and is always imprecise. The FBI’s estimates from the 1960s occurred before state UCR programs took over and improved agency reporting practices.

Third, the 2021 data was and remains terrible but it’s being included here for the sake of completeness.

Fourth, there is still more than half the year remaining in 2025. Trends can change, even if we’re measuring them accurately now.

And, finally, this is just a guesstimate to answer the question “is it possible.” Maybe around Halloween we can say “it’s likely” or “it’s not happening”, but right now we can only guesstimate whether the possibility exists.

With those disclaimers in mind, let’s be conservative with the 2023 murder figure and assume the FBI is going to increase it when then 2024 Uniform Crime Report is published this Fall.

The FBI didn’t release national estimates for 2021, but murder counts for every other year from 2018 to 2022 increased when the next annual estimates were released. It stands to reason, therefore, that the 2023 murder estimate will be revised up a bit when the 2024 figures are released.

FBI Revisions of Murder Counts in Following Report, 2018 - 2023

Doing so has the handy effect of bringing the 2023 count more in line with what the RTCI showed.

Let’s increase the FBI’s 2023 murder count by 200 murders to 19,450 which would be right smack in the average of 2018 and 2019’s increase. I’ve written before about why the 2023 estimates were probably better than the 2020 and 2022 estimates and so should need a smaller revision, so a revision of that magnitude makes sense during this hypothetical exercise. It could be bigger but will probably be smaller than the revisions was to the 2022 figures.

Next, the RTCI points to a 14 percent decline nationally in the current sample of more than 400 agencies in 2024. It could be a little more, could be a little less, but applying a 14 percent decline puts the US murder rate in 2024 at just under 5 per 100,000. Calculating this rate assumes an identical population growth in the FBI estimates from 2023 to 2024 as occurred form 2022 to 2023.

Note that this guesstimate puts 2024 at roughly the same level at 2018 and 2019. The RTCI has murder slightly higher in 2024 than in 2019, so it wouldn’t be a big surprise to see the murder rate slightly higher in 2024.

Which brings us to 2025 and the initial question. Will the US murder rate in 2025 be below 2014’s historic low?

The assumptions I’m using are:

The 2023 murder count is revised up by 200ish murders.

Murder fell around 14 percent in 2024 based on the RTCI meaning there were around 16,700 murders in the US in 2024.

The US population grew steadily from 2023 to 2024 and 2024 to 2025.

It’s still early in 2025, but murder is down an enormous amount so far. The RTCI has it down more than 20 percent through February, fatal shootings are down 14 percent in the Gun Violence Archive, the Major Cities Chiefs Association has homicide down more than 20 percent in the first quarter, and I recently found a greater than 20 percent decline in the 30 cities with the most murders in 2023.

Still, it’s early and this trend could regress back towards a more normal rate of decline. Running the numbers suggests that a 10 percent or more decline in murder nationally in 2025 would roughly tie 2014 for the lowest murder rate ever recorded.

There are a ton of hypotheticals and factors that could change, and I hate to call the 2025 figures in the below graph showing US murders and rates with the above assumptions and a 10 or 15 percent decline anything more than a guess. But it’s fairly clear that a decline in the direction we’re currently seeing would safely give 2025 the title of lowest US murder rate ever recorded.

Another way to think of it is that following the trendline in the RTCI that murder has been on since mid-2022 in the RTCI and extending it out until the end of 2025 with no change would mean about 7,000 murders in this sample of 400ish cities. This sample accounted for a little more than 49 percent of murders that were estimated nationally in 2022 and 2023, so if that held true again then you’d be looking at about 14,100 murders nationally in 2025 and a rate of 4.2 per 100k.

Still, this trend could change or the decline could soften over the remainder of the year. The decline has a floor to it — just as the increase had a ceiling — and we won’t know where it is until we reach it. The counterpart to this entire line of reasoning is that it's May and our data covers 2 or 3 complete months, tops. Reading too much into trends at this point is, much like our mini Aussie puppy, nutso bananas.

So, to definitively answer the question of whether 2025 will feature the lowest murder rate ever recorded, I would say “maybe.” The math generally checks out, and the idea that it’s even plausible just 5 years after the largest increase in murder ever recorded is quite remarkable. Still, there’s a lot of time left in 2025 and these trends could change for the worse.

If this decline continues through the Fall then we should seriously start having a discussion about the probability of a record breaking year. Until then, it’s sufficient to be aware of and measuring the possibility of a new record low.
I don't waste my time reading AI posts !

But as I was scrolling down the word; "guesstimate" caught my eye !

Says it all in one word !
 
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Reactions: bung23
Huh? I don't need to weigh in on every thought you have (a bunch of those items don't really have a thing to do with Trump), but I do feel the need to comment on trade "deals."

1. The deal with Britain maintains the 10% tariffs on goods from the UK. The UK has very low import duties on American products regardless, but there were some reductions for American producers that are good. American consumers - who buy less British stuff than British consumers buy American stuff (we are "winning" Trump's dumb calculus) are clear losers from before the trade war with respect to UK products.

2. The temporary reprieve with China ends with a 90-day tariff rate increase on Chinese goods of 30% above what was paid in early 2025, with American imports to China being hit with "only" a 10% rate. One could argue the 30% increase is a "rational" amount if we wanted to further push supply chains out of China, but obviously there was no necessity to go to 145% to get there. The end outcome hurts both American consumers (moderately) and producers (a small amount). And while I'm not generally against this outcome on the grounds of national security, there was no need to impose significant economic pain and freeze a lot of the trade-related economic activity for 6 weeks if we end up in this range. This "early deal" with China also belies the concept that we were actually employing a China-isolation strategy rather than just a "Trump loves tariffs" policy (which was not a plan but a stupid idea).

3. Charles C.W. Cooke commented on The Editors podcast (National Review) the other day that "Trump can have the tariffs or he can have everything else" (because the tariffs are going to overwhelm his Admin should they stay very high). Seems like some in the Admin understand this, and they are pivoting to minimize the damage from a self-created tariff crisis. I am quite concerned myself about economic performance the rest of 2025, but I think based on recent moves that come 2026 things will get better, in large part because the tariffs just won't remain that high.

4. Non-tariff related, but I have commented that the US actions in Ukraine since roughly mid to late March have been much improved. Vance nuked the meeting with Z (not Trump, whom Vance obviously manipulated in the moment). Since that time, cooler heads have prevailed, and Putin's notable lack of progress across the entire front since at least September 2024 clearly has him considering exit options. I think the Russians are aware they cannot make major advances without massive mobilization and staggering additional casualties. I'm not sold the war is on the cusp of ending, but I do think a real ceasefire this year is possible. The point of continued hostilities for Russian gains of meters is hard to understand. Separately, it's worth noting that, since the end of summer 2022 (about 6 months into the war), Ukraine has retaken more territory than it has lost, by quite a bit. I don't think Ukraine is currently capable of another major offensive, but the Russians have performed pathetically the entire war.
Then don't !
 
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Reactions: bung23 and Uncoach
This is brilliant from Bessent, he's flattering Trump while pursuing a more rational trade policy (Bessent would favor working to eliminate trade barriers if he could). I think Biden was weak too, but don't care that much about what the Chinese actually thought as they didn't take any major anti-American actions during the Biden term.
You SHOULD care with an approximate TRILLION dollar IMBALANCE of trade.

Giving Bessent the credit is Classic TDS 2.0 for you !

Other posters here cheer for better times for Americans !
 
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And just like that, our other Reagan conservative has gone missing - DTrainged.

What a weekend

  1. HAMAS to release final living US hostage
  2. Ukraine approves minerals deal
  3. Putin & Z face to face arranged
  4. Negotiated Pakistan-India cease fire
  5. Big Pharma prices E.O.
  6. China trade thaw - stocks up 1000
  7. Democrat insurrection in NJ as elected Democrats attack federal agents at ICE facilty.
This all adds up to a blue wave in 28.
Jeff was always a bit of a fraud. If the Trump administration hits more turbulent times again, he will be back.

Going deeper on those buying opportunities has paid off nicely. Luckily, I don't need to panic like a Jeff does. Just change the channel from MSNBC!
 
Jeff was always a bit of a fraud. If the Trump administration hits more turbulent times again, he will be back.

Going deeper on those buying opportunities has paid off nicely. Luckily, I don't need to panic like a Jeff does. Just change the channel from MSNBC!
Walgreen's just announced that they are going to use robot's to fill prescriptions !

PPU in full blown panic !
 
You SHOULD care with an approximate TRILLION dollar IMBALANCE of trade.

Giving Bessent the credit is Classic TDS 2.0 for you !

Other posters here cheer for better times for Americans !
Bessent deserves credit from a standpoint he is performing as DJT has been asking him to do. He's top notch. It's clear that Trump trusts Bessent a crap ton more than Navarro, which is a good thing.
 
So the market approves of tariff reductions? Is this news?

This is vindicating the people who said the trade war/tariffs are stupid.
Not really. Did he come off all of his tariffs? We are back to regular eb and flow of the markets. Does the market get a better than average pop with every trade deal announcement? Who knows, but I am very optimistic.
 
So the market approves of tariff reductions? Is this news?

This is vindicating the people who said the trade war/tariffs are stupid. The lower they get, the better it is for the large majority of American stocks and consumers. Imagine how the market would do if we waived a wand and eliminated all import duties on every product worldwide (that's a fantasy and there are some national security-related items that do need a level of protection in many countries).

Btw, the question of globalization is best summed up in the attached chart. While there have been losers from globalization (including certain areas in the Rust Belt which had very high levels of manufacturing employment, tho automation had more impact than globalization), the huge majority of Americans have won. Maybe it's not in the interest of politicians to tell this story, but that doesn't make it any less true.


I would argue that the surge in stocks shows that the administration’s policy of browbeating other nations into fairer trade practices is beginning to have a positive impact. It’s not just about U.S. tariffs. It’s about opening up foreign markets.
 
Bessent deserves credit from a standpoint he is performing as DJT has been asking him to do. He's top notch. It's clear that Trump trusts Bessent a crap ton more than Navarro, which is a good thing.
Or Bolton !
 
This is brilliant from Bessent, he's flattering Trump while pursuing a more rational trade policy (Bessent would favor working to eliminate trade barriers if he could). I think Biden was weak too, but don't care that much about what the Chinese actually thought as they didn't take any major anti-American actions during the Biden term.
I don't think the Chinese are going to ever confess as to what they actually thought on any subject.
 
Trump has assembled a better group around him this term. He should get credit here.
He has assembled a much better group. A big part of the turmoil was he had no understanding of how to run the White House and Cabinet. Didn't have all the right connections. Kept getting the swamp creatures surrounding him. I will say Rex Tillerson was a f'ing idiot as SOS. Pompeo was very good overall. The best thing for Republicans and the worst thing for Democrats was that 4 year break between 45 and 47. Trump, despite all the lawfare the Dems threw at him, had plenty of time to research and assemble a highly qualified staff who also saw his vision. Give Musk some credit, too, for the technology assistance.
 
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