President Trump: The NEW one and only politics thread

Dollar General manager fired after accusing black woman of ‘abusing the system’ with coupons

Another one. Is this some weird internet "challenge" among white people, like the police lip sync things? Try and come up with the dumbest thing to call police to report a black person. SMH.

 

But strangely, there are always bits and pieces floating around. We knew of a blocked phone number being called at the time. Same thing with the news that trump was briefed on the russians just before the election. I don't understand why that was a huge revelation. That was out very early on--including the fact that before they were even out of the room, prebius was getting started on the "how to spin this" memo. Anyway, the pile grows into a mountain, so it is all good news.

 

Interesting article, that shows why Trump may be so focused on having good relations with Russia:

 

Kissinger told me to must be coming later

 

Speaking of FAANG, AMZN up 4% after announcing earnings after the close.

On the way to surpassing AAPL in valuation, and becoming the first trillion dollar company.

AMZN : Summary for Amazon.com, Inc. - Yahoo Finance

 

Trump is gonna hate that. Crooked Bezos.

 

For @YankeeFan

U.S. Economy Surges To A 4.1-Percent Growth Pace In Second Quarter

 

Huge. Predicted, but huge news.

The Trump economy is kicking ass, and our trade partners are caving in the face of tariffs.

 

It’s an interesting reminder we’ve got a president who doesn’t really thing what the president says in public is important. What a brave new world.

 

Exactly. If you’re going to testify and claim something that will make powerful people nervous and angry, why Alert those people? Why subject yourself to scrutiny for any longer than you have to?
This is something I’ve wondered about since this broke.
Mob turncoats don’t announce they’re going to flip until they are deposed.

 

The question is, whose ass is it kicking?

Opinion | The economy’s great. That doesn’t mean Trumponomics is.

But another major factor is that businesses freaking out about Trump’s trade war likely pulled forward some of their activity. That is, as Morgan Stanley chief U.S. economist Ellen Zentner puts it, they “doomsday prepped” by stockpiling raw materials, intermediate goods and finished products before tariffs raised costs on all those things.

Soybean exports surged, for example, as companies raced to beat retaliatory tariffs that went into effect this month. The jump in soybean exports alone probably added 0.6 percentage points to GDP growth in the second quarter, estimates Ian Shepherdson, chief economist at Pantheon Macroeconomics.

We should expect a reversal later this year, as buyers run down their existing inventory rather than place new orders.

In other words, perhaps a bit counterintuitively, the very thing that may make Trump think his trade war is working — unusually strong growth this past quarter — may be evidence it’s about to backfire. At the very least, uncertainty about trade barriers is not helpful for businesses trying to make longer-term decisions about how much and where to invest, plant, hire and so on.

*snip*

One last thing to keep in mind if you see high-fives at the White House on Friday: Where are the raises? Output may have swelled last quarter, but paychecks did not. Adjusted for inflation, average hourly earnings were flat in June compared with a year earlier, according to the Labor Department.
If Trumponomics is indeed working, it’s still not working for workers.