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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: #Breeze who wrote (18851)	5/14/2024 2:01:45 PM
From: Kirk ©	4 Recommendations Recommended By Cogito Ergo Sum Debt Free sandeep Selectric II Read Replies (2) \| Respond to of 26490

Not hard to figure... Joe's gonna "reduce inflation" by adding on to what Trump started by putting even larger tariffs on things that keep costs down for US consumers to protect higher paying US jobs. We're gonna turn all those barista workers on strike with degrees in underwater basket weaving or yoga (or ethnic and LGBTQ+ studies) with forgiven student loans into makers of semiconductors in these new factories Joe is paying for. In a job market with historically low unemployment where prices here are soaring as small businesses have to pay more to keep their workers. I guess we'll have a glut of semiconductors eventually as this government intervention at such a massive scale NEVER ends well. Real Libertarians (TM) much prefer eliminating taxes on income generated from goods manufactured in the US and we could put a Social Security and Medicare tax on imports so companies don't save THAT expense by moving jobs offshore. But, we're giving out tax breaks and cash to those who play the game, say the right thing, yadda yadda...while congress then can attack them for being greedy if they buy back stock or pay a dividend. We have a busted country!