scourge165

I know you have trouble reading, but if you follow Smoot-Hawley, it was about a year and a half from the passing of the tariffs until we were right in the midst of substantial tariffs.

Your hopes would be dashed as he has said he won't. In fact, when Biden signed the Chip act and Taiwan Semiconductor agreed to build 3 new Fabs in the US in what is...going to be at the heart of the next industrial revolution, AI, Biden provided 6.5B dollars to get TSM to spend 65B dollars here. Trump has trashed that deal. The Chips Act and it's one of the most successful pieces of legislation in the past 10-20 years.

Really just anyone who has any deductive reasoning skills and is willing to go beyond the wiki or first "Britania online" page can figure this out quite easily. Smoot-Hawley was the catalyst. If you use the date it was SIGNED into Law by Hoover, you're missing...all Historical context. The "carried interesters?" You keep using that term as though it's a super clever one. I think Trump is dumb enough to look at the 1870s and think we can go back to a time when we had no income tax and replace that with tariffs and that's a realistic outcome. It's a fantasy. And I think he wants to force interest rates down.

No, it requires it to pass the state houses twice before it's put to a referendum. Care to explain the larger point here? You don't strike me as an idiot and the argument being made is that the Voter ID referendum was more consequential than the State Supreme Court. Are you arguing that the State Supreme Court Race was not as important as the Voter ID Law which...was ALREADY in place?

I hope you can at LEAST stop posting bogus nonsense like this. The "depression" started after they PASSED Smoot-Hawley. There was no Depression at that point and it wasn't until 23 countries responded with the THREAT of tariffs or actual tariffs that the US was plunged into a great depression. I cited unemployment, inflation, GDP expansion at the time congress passed tariffs. All three were doing exceptionally well(as they are now). I pointed out how it wasn't until AFTER we passed them that those three indicators started ticking up...and then finally how they SKY-ROCKETED in the FEW MONTHS after they were passed...with unemployment going from ~2.4% to 12.5% in the months after Hoover signed Smoot-Hawley into Law despite not wanting and economists BEGGING him not to. Only Trump and MAGA could take such a historically and objectively AWFUL event and intentionally implement it again. And do it all based on a lie. the lie that that we pay these massive tariffs.

Please, spare me the righteous indignation now. https://www.nytimes.com/interactive/2016/01/28/upshot/donald-trump-twitter-insults.html

Is that what "many now believe?" https://fee.org/articles/the-smoot-hawley-tariff-and-the-great-depression/#:~:text=Modern measurements of No, we should listen to the guy who proved the saying "the house always wins," is...ACTUALLY not true. Not when HE is President...

LOL...you posted a link to TRUMP saying it? That dramatic little...female dog in heat said that is "Susan Crawford wins, they'll stop everything I'm doing it, it'll be like i never won..." Now the Voter ID, which again, this was NOT to make it legal to vote WITHOUT Voter ID, this changed nothing other than it's the 3rd straight time the Republicans have put something voter ID related on the ballot, but now THAT was really the most important part of the election?

Yeah...either way, the idiot is trying to say that the voter ID referendum that quite literally wouldn't have changed ANYTHING...was more consequential...and THEN he goes on to use...obviously BS numbers from Twitter about how much money they spent on it.

Right...but YOU think referendum that WOULDN'T have actually changed anything, that was ACTUALLY the important part of the election! LOL...you know the right runs around just saying things they don't believe. They can't argue about who actually spent the most AND then claim that wasn't actually the part of the race that was important. Well...they can, but you know they don't even believe what they're saying.

Is that how you're seeing things play out? LOL...just say you don't understand what's going on Jimmy. That's...it's fine. You liked the Red Hat and now you're in over your head. Enjoy that "the worlds largest economy" title. The US GDP is now contracting and China's will be growing even more as the rest of the world turns to them. And you can still clap at the wrists with that oversized forhead and tongue sticking out talking about how great John Cena and Donald Trump are.

See? Even this moron can do simple math. Again, you can tell the people who are broke or got out of this market as they are totally unbothered. https://www.nbcnews.com/business/markets/us-stocks-dow-nasdaq-sp-plummet-trump-tariffs-rcna199476

Oh, and one product. Semiconductors. That has NOTHING to do with the fact that Elon is spending tens of billions on them though! But they said Canada Charges 32% tariffs or whatever that board said, so it must be true(you know you're screwed whenever they bring out the board).

You know the administrations numbers are just literally made up, right? ACTUALLY prices. Remember, they also just...estimated" the cost of goods and and hinderance to business. Also, you mind telling me what the point of this post is? Are you trying to infer that Smoot-Hawley wasn't passed in 1929 or are you trying to say...'well they really thought it'd work!' Which...yeah, I'm sure they did. But it takes a special brand of moron to try doing that AGAIN.

Where are you getting he may lose Duke Welsh has 3 years of eligibility and Jayden James, Duke, Cunningham, Henkel and probably 9 more elite recruits will be there by the time Welsh' time is up.

I HONESTLY don't believe Cael is seeking out the Welsh types of Dean or guys like that. Even Ono. I doubt Cael even considered that. You hear Dake and Bo Nickal and Starocci...those are likely the guys getting into their ears and then the money is coming in and Cael's sitting there saying, 'well...the BEST P4P Wrestler in the world(Askren's words) and the guy who took 2nd as a Freshmen wants to come? Yeah, sure... As for the HS recruits, you've already heard Bassett and others talk about it. They're not out there pushing you. They tell you want they think about Wrestling, how they try and have fun and basically, 'this is what we do, we'd love to have ya.' The only thing I'm uncertain of, does he honor commitments or does he keep going after guys like James? I don't know. What I do know is that they lose Bartlett, Starocci and Kerkvliet and they'll replace them with Ono, Blaze, Welsh and Mirasola or a transfer(or Cochran) and...they already have 50 more points RETURNING than anyone else...and I'd say they were upset in 4 weights.

It definitely is. HWT is the most, then 165, then I think 177/184, 190/197...165 is like up there on the list with 4(I think 2 were Taylor...I'd guess Dake won one...so three years in a row and then...Ringer may have won one). It definitely skews heavier though. I should have cut and pasted it as the AI answer I just got said 165 was the most and...I know that's wrong. Hendrickson, Parris, Gable(2X), Mocco won one, Neal and then...Rowlands or McCoy. It was 7. I can't believe Gwidz or Snyder aren't in here, but...I don't THINK one ever won it. Also, 165 is at least 5 now that I think about it. JB won it. The only '25 and '33 that won it were Lee and Ness I think. 134(which is 141 basicaly) was Tj Jaworsky, Stieber, Stiener(?). This is...actually really easy to find is you just search by Hodge, but...I'm just gonna leave it here as I've already heart by brain enough trying to remember.

"Much closer?" How close do you supposed it could have gotten? The committee voted for him, the Fan vote went to Hendrickson... Hendrickson beating Stevenson was the end. But yeah...he had that soft late season competition. Like...the Iowa Duel, the B1Gs... You're doing a bad Jimmy.

Really? So YOUR belief is that all we did was if China had a 10% tariff on Steel, we just matched that? That is all that you believe happened?

The part people often get wrong is they ignore that the tariffs were passed BEFORE the market crash. They just weren't implemented until after the crash. But as we've seen the past 3 months, the prospect of tariffs cause a great deal of uncertainty. Earnings season was incredible...and stocks still dropped(by in large) despite beating...over and over. GDP was expected to grow at 3.8% vs now -3%(give or take .2-4 either way, but a substantial swing). Tariffs and the uncertainty put everything and everyone in limbo. Now that we're not in limbo, it's worse than expected. We're down 1000 points and that's in after hours trading. Just again...for the record...and again, you got a stock price in your paper in the morning or at night, you didn't log on and trade. But the sequence -April Tariffs pass congress, unemployment at ~1%, inflation at .6% -23 Countries Write to Hoover and let them know they will be implementing reciprocal tariffs, the most significant being...Canada and the British(the UK). -This starts to erode at Consumer Sentiment(that sound familiar)? -October the crash -The following ~Marsh the market had bounced back to nearly 70% of where it was -Hoover signs Smoot-Hawley...which he'd later call his greatest regret-Unemployment was ~2.5% -7 months later by the end of 1930, unemployment sits at ~12% and we're hit with reciprocal taxes by the rest of the world...because even then, we were in a global economy. Hoover got over 1000 letters from Economists pleading with him to not sign Smoot-Hawley into law. He ignored it and then even Reagan cited it as a cause of the great depression. JP Morgan CEO said he "almost went down to his knees to beg Herbert Hoover to veto the asinine Hawley–Smoot tariff" We were not in a great depression until Smoot-Hawley. We were not heading one until Smoot-Hawley. We were in a bubble with companies PEs was about 20, a VERY reasonable valuation. But lets say it didn't cause it. We came out of the roaring 20s, the concentration of wealth hurt, people were over-leveraged...whatever. Did Smoot-Hawley HELP or did it HURT? Tariffs are objectively harmful to the Economy when they're across the board and PARTICULARLY when they're you're allies. Tell me what else is uniting China, South Korea and...Japan(A Country that STILL doesn't really admit to the atrocities they committed in WWII). Trump ran on this...and over half the people believed him when he said the other Countries pay the tax. So we put tariffs on Semiconductors from Taiwan...people believed that. Why? Because you'd have to be a moron to think it's a good idea to raise taxes on virtually EVERYTHING. There are plenty of people who believe the tariffs caused the great depression and some who'll mitigate it and say it "contributed to," the Great Depression. Not one economist will argue it was good for the United States. There's a reason we haven't gone back to them. Why Reagan specifically cited Smoot-Hawley and why it's universally recognized as the worst piece of financial legislation in US History. I suppose it's like saying what caused WWII? Was it the Treaty of Versailles? Was it The Beer Hall Putsch making Hitler a martyr? Was it going into Poland? See...personally, I'd say it was the Nazi Party winning and the President appointing him to Chancellor? Incidentally, that doesn't happen without...Smoot-Hawley pushing the entire Global Economy into a Depression.

Do you really not see how this is harmful? We just started a trade war with all of our allies. This is just shockingly stupid...

Nah, look at what they JUST got in terms of recruits? They just added that 65/74 pounder who was the #3/#4 recruit behind Bassett/Forrest and then debatably Ross(I'm a big fan of Ross, so I'd say Ross) and they have PJ Duke, Henkel, Cunningham and others coming in. It's really clear guys just want to be in that room that badly).

Trump has said almost everything. At some point, almost everything has spilled out of his mouth during his long, senseless diatribes. Again, best case, after the market is in crash territory(which will be early tomorrow) and people are real pissed, his approval rating back in the low 30s, unemployment rising, then he'll start rolling this back as he gets some token concessions and he'll claim victory.

Yes...except...ya know, the company and the PROFITS which stay in the United States. But sure, short of that, we ceded them the extraordinarily low skilled labor it takes to make their products. Jesus...imagine complaining we gave away the sweetshops to China?

LOL...I couldn't even read it. These people aren't going to understand the absolute unmitigated disaster this is(some may, Jross may be smart enough, I don't know) until it's too late, but we did just go to war with the whole world assuming they'd ALL blink. But yes, it is the United States...vs the World. We're uniting Countries that don't just dislike each other, they absolutely DESPITE each other. I don't know if there's another two countries who hate each other as much as Japan and North Korea save for Japan and China(and Japan...kinda earned that with their denialism but that's for another topic). If you don't see those countries lining up against the US along with ALL of Europe, North America, South America...and think 'nah, it's a good thing to do the one thing that led to the LAST great depresion and will invariably cost consumers more because Trump said so,' then...you lack all critical thinking. My guess is when he sees what a disaster this is, he starts to walk them back. He did exclude Semiconductors(so thanks for that Elon...the one thing I kept was NVDA as I've owned it long enough that my DCA is under 6 a share).