https://x.com/mazemoore/status/1907883583228051964?s=51&t=cLq01Oy84YkmYPZ-URIMYw
2008, Bernie liked tariffs.
https://x.com/tanvi_ratna/status/1907880105369845865?s=51&t=cLq01Oy84YkmYPZ-URIMYw
https://x.com/charlieshrem/status/1907785903877087578?s=51&t=cLq01Oy84YkmYPZ-URIMYw
"Tariffs are not the story! Since Trump took office in Jan 2025, the 10-year yield has dropped from 4.79% to 4.17%. Look how much it’s dropped today! That 0.62% drop may not sound like much—until you realize the U.S. has $36.5 trillion in debt. This is stealth refinancing on a historic scale. Lower yields = trillions in interest savings. More breathing room. Less inflationary pressure. And the market is front-running it. Everyone’s watching tariffs. But this yield curve shift? It’s the real game. Trump isn’t just cutting spending— he’s restructuring America’s balance sheet in real time."
I'll try to post more from the first thread, which goes into more detail, but not only will these yield drops help the lower the debt, especially the debt that needs to be refinanced this year, but it'll continue to push mortgage rates lower. Lower mortgage rates will very likely result in a significant increase in home sales for a multitude of reasons. Like it or not, an increase in home sales is a good thing for the economy.
6 comments:
There are a lot of moving pieces in this economic situation and I don't know how many angles Trump can cover at one time. As his first term showed he's possessed of a far better understanding of economics than the typical lefty (and many RINOs), and far more intelligent than stupid people like Dan have the honesty and Christian integrity to admit, I'm good with giving him the benefit of the doubt with regards to his use of tariffs and other measures and his assurance it will lead to better times.
I like the home sales thing, but increased prices due to a shortage, resulting from 20 million people being here who shouldn't will turn around as well when Trump's deportation of illegals reduces their numbers here. Again, so much impacts all of this, and this is but one small example of how. Lot's to do and it's essential positive results are achieved ASAP so that it will be harder for the Trump-haters can't lie about it all and be believed by as many goats and useful idiots. Seeing as much positive change before the next midterms will mean so much to cementing his policies and proposals, and make it easier for his GOP successor to carry on with the work.
As to that last bit, I was tempted to speak of a third term for Trump, which can't happen only because of the Constitutional amendment process could not succeed in that regard in time to make that a reality. He'd likely be in his 90s by then. But that doesn't preclude him from an advisory position in any GOP administration, which would be good enough. If he makes hay between now and the end of his term, a president would be foolish to prohibit his input and abilities.
There are, and I'd been so focused on the tariff argument, I'd ignored this aspect. If they can refinance billions of T Bills at a lower rate, that is helpful for the debt crisis. If it spurs the housing market and economy, that's a positive as well.
At this point most of the shortage is due to three factors. A massive drop in new construction from 2009-2020ish left the housing stock down by about 2 million homes. COVID, there are a lot of people who should have sold (due to age) during COVID. They got scared by the spread in 55+ communities and decided to stay. Most of them are still staying. Finally, absurdly low mortgage rates convinced everyone to refinance and now they're scared to lose their interest rates even if it'll likely cost them money when the do sell. The reality is that the illegals likely can't afford market rate homes, nor can they qualify for mortgages. Their demand might be felt in some markets, but not nationwide.
FWIW, they'll lie abut things no matter what.
The 3rd term talk is foolish to say the least. It's unconstitutional and likely impossible to change that. It opens the door for a 3 term DFL president at some point, and it reinforces the narrative that Trump wants to be king. Obviously the age thing is a problem as well. If he was smart, he'd be spending time preparing Vance, Ramaswamy, or De Santis to follow him and to start to craft a narrative that will make that such a no brainer that we'll get at least one more GOP term.
Again, the problem with an advisory position is the it send the message (much like Biden) that his successor is merely a puppet. Obviously, like most former presidents, he should be available to consult behind the scenes, but for him to have even a semi official position seems like a mistake. He should be able to equip his successor well enough to follow the path being set.
Would you all seriously want to see your pervert felon idiot run for a third term against a third term Obama? Obama would bury the pervert, and righteously so.
But this is just another instance of a clown fool saying clownish things.
Dan
I know this is confusing for you, but I can only speak for myself.
For me, the answer is no. As I have consistently argued that it is time for the younger generations to step up and for the GOP to stop running old people, I see no reason to waste the time or energy to even attempt to justify a third term for Trump. The more we learn about Biden's mental capacity, the more obvious that P-BO already had his third term.
Trump just likes to troll the LEFT.
That does seem to be True. It's one of his traits that frustrate me. But he's unlikely to stop. I also think he does it to get his base worked up.
Post a Comment