Mega-Thread: Trump Focused Discussion

[Breccia]

The Washington Examiner (and surely others) report that egg prices have suddenly and dramatically dropped in price!

“We’re more focused on how we bring the price of eggs down and the avian bird flu for everyone,” Rollins told reporters Tuesday morning. “A good piece of news we just got in the last day or two is that the average cost of a dozen eggs has gone down $1.85 since we announced our plan about a week and a half ago.”

"Egg prices fell 25% in a week and a half? Because of an announced plan to import?"

According to the USDA, yes.

"So we have Trump's word backed by nothing?"

So far, yes. But by all means, keep your eyes on store prices. Surely with this news, they'll drop $2 per doxen overnight.

(crosses arms)

(waits)

[NED funded]

No the markets are a feedback mechanism for how the rich feel about the economy.

Everyone else looks at the amount of money they have left after bills and living expenses.

Stock markets can be up 20%, I doesn't matter to the average person if they are struggling to make ends meet.

Nah, markets are a sentiment mechanism that accurately track how people feel about the economy in general. This is different than standard of living. There is a balance between the two for policymakers but you cant ignore either when it tells you something that you dont want to hear.

I want to add here that they are not mutually exclusive!!! Its related but the outcomes you want are diff (edit)

Europeans like HellHamster cope about their smaller sized market caps but that is a reflection of how unambitious and bleak people in Europe feel about their economies lagging behind in literally all metrics.

[hellhamster]

There is something I've been meaning to ask Americans about eggs. How do you guys measure the price?

Do you account for the 12-egg package? 4-egg package? Conventional eggs? Free-range eggs? Rondeel eggs? Organic eggs? Omega-3 eggs? Ostrich eggs?
Because the price kinda differs.

- - - Updated - - -

Nah, markets are a sentiment mechanism that accurately track how people feel about the economy in general. This is different than standard of living. There is a balance between the two for policymakers but you cant ignore either when it tells you something that you dont want to hear.

Europeans like HellHamster cope about their smaller sized market caps but that is a reflection of how unambitious and bleak people in Europe feel about their economies lagging behind in literally all metrics.

That's true, we don't have an economy that is based on 7 mega caps with hundreds of Price/Earnings ratios that are clearly overvalued.

[Moralgy]

The Washington Examiner (and surely others) report that egg prices have suddenly and dramatically dropped in price!



"Egg prices fell 25% in a week and a half? Because of an announced plan to import?"

According to the USDA, yes.

"So we have Trump's word backed by nothing?"

So far, yes. But by all means, keep your eyes on store prices. Surely with this news, they'll drop $2 per doxen overnight.

(crosses arms)

(waits)

That's crazy why are they still 7 dollars at my Walmart right now?

[hellhamster]

For comparison, cheapest 12 pack barn eggs at a mid-tier supermarket chain costs €3,00 here, or $3,27.

[Nymrohd]

That's true, we don't have an economy that is based on 7 mega caps with hundreds of Price/Earnings ratios that are clearly overvalued.

Also we don't have a health insurance market worth 1 trillion; we get better outcomes with a fifth of that without inflating our GDP with product that actually adds no utility.

[Sunseeker]

That's crazy why are they still 7 dollars at my Walmart right now?

I havent seen anything on the shelves under 7 except the 50 pack at Sams Club for 30.

[Nymrohd]

For comparison, cheapest 12 pack barn eggs at a mid-tier supermarket chain costs €3,00 here, or $3,27.

I think their egg sizes are also one category down (their large is our medium). Also Sklavenitis has at least one brand at €0,20 per egg right now (though don't expect to be able to separate the yolks reliably at that price).

[hellhamster]

Also we don't have a health insurance market worth 1 trillion; we get better outcomes with a fifth of that without inflating our GDP with product that actually adds no utility.

Based IKA/ESY carrying our garbage country's health system with the total annual budget of one Happy Meal.

[Rasulis]

There is something I've been meaning to ask Americans about eggs. How do you guys measure the price?

Do you account for the 12-egg package? 4-egg package? Conventional eggs? Free-range eggs? Rondeel eggs? Organic eggs? Omega-3 eggs? Ostrich eggs?
Because the price kinda differs.

- - - Updated - - -



That's true, we don't have an economy that is based on 7 mega caps with hundreds of Price/Earnings ratios that are clearly overvalued.

Granted there are US companies with P/E ratio in the thousands or even infinity (negative revenue). However, if we are talking about the 7 largest companies, outside of Tesla with P/E ratio of 108, the others are pretty reasonable. Meta P/E ratio is only 24.75. Still a bit high, but not unreasonable. The others are mostly in the low 30s, with Netflix being an outlier with P/E ratio of 43.71.

[NED funded]

Granted there are US companies with P/E ratio in the thousands or even infinity (negative revenue). However, if we are talking about the 7 largest companies, outside of Tesla with P/E ratio of 108, the others are pretty reasonable. Meta P/E ratio is only 24.75. Still a bit high, but not unreasonable. The others are mostly in the low 30s, with Netflix being an outlier with P/E ratio of 43.71.

Something that I found odd about the European mind is that despite their insistence that American companies are greedy they insist on P/E ratios? Yeah, nobody will disagree that earnings are good, but I like that orgs like OpenAI are willing to throw billions of dollars into the pit to get excellent AI (a revolutionary technology) b4 they focus on ways to maximize revenues. Could OpenAI crash and burn due to unsustainable business practices? Maybe but the focus on getting better things is actually really cool!!!

But I understand that Europeans want to rent seek and extract as much revenue as their overregulated economies allow them to. They aren't allowed to do anything else.

[Xath]

Bad NEws: The CR passed
Good News: Per Jefferies and DeLauro plan, every house dem against, now the senate needs to hold the line. Anyone taking bets which way Fetterman goes?



details from:https://beyer.house.gov/news/documen...ocumentID=6432

Congress delegated some authorities to impose tariffs for explicit national security reasons to the president:
The two main authorities in question are thee International Emergency Economic Powers Act (IEEPA), and Section 232 of the Trade Expansion Act of 1962 (which is what Trump is using to put sector-specific tariffs on, for instance, Canadian steel and aluminum).

o exercise IEEPA tariff authorities, the President must first declare a national emergency under the National Emergencies Act (NEA). BUT the NEA protected Congress' powers by creating a process to terminate a declaration of emergency, with fast-tracked floor consideration.

Fetterman will 100% vote for the question is other people. He's a dem in name only.

- - - Updated - - -

Also we don't have a health insurance market worth 1 trillion; we get better outcomes with a fifth of that without inflating our GDP with product that actually adds no utility.

This actually pisses me off so much we would legitimately save 400 billion plus just by swapping to a single payer health plan nationwide and it will never happen because insurance makes so much damn money off human suffering in the us.

[Elder Millennial]

Tesla is responsible for the proliferation of "make all the car controls submenus on a tablet", making them a bad company by default, just like when Apple took away our precious headphone jack.

The submenus is a minor sin compared to the fucking retarded door handles that become unusable and mechanically stuck in wet subzero temperatures.

But that's neither here or there.

- - - Updated - - -

Tesla is overvauled vaporware. In almost all cases the big 3 have better versions of what Tesla puts out but they haven't deemed them consumer safe. Self driving is a huge one for this.

Yeah. Tesla should be valued somewhere halfway between Kia and Ford.

High 20 something billion, low 30 something billion.

It's current valuation is just ...insane.

[Edge-]

https://www.reddit.com/r/pics/commen...he_pricing_of/

DONALD CHEATED AND BROUGHT NOTES!!!!!!

Or something, I dunno I remember all the Republican "panic" over those times Biden came prepared with talking points because that's bad or something.

But anyways, it's weird that Donald's talkin points aren't anything related to his policies but are instead just pricing and financing information because he's now hawking Teslas from the White House.

I guess he got bored hawking Goya-brand canned goods from the White House and is moving on up.

I can't wait to see what other brand/sponsorship deals the POTUS makes! Big innovation turning the Oval Office into an advertising platform.

[Sorshen]

Donald turns car salesman to save a guy's falling share price, and we're <3 months into 2025.

[Elder Millennial]

Seeing MAGATs unironically cheering for a recession online is truly something to behold.

The talking point seems to be that this is actually being caused by all the money Joe Biden printed during Covid.

They also seem to think that the volume of money in circulation would somehow be magically reduced by a recession and that housing will become so much more affordable.

They are just pretending the inflation doesn't exist and assume they'll all have jobs to be able.to afford said housing.

I am also wondering if any of them have 401ks?

These people will unironically go and vote MAGA again while homeless, unemployed and uninsured, blaming it all on woke or something.

[Xyonai]

Seeing MAGATs unironically cheering for a recession online is truly something to behold.

The talking point seems to be that this is actually being caused by all the money Joe Biden printed during Covid.

They also seem to think that the volume of money in circulation would somehow be magically reduced by a recession and that housing will become so much more affordable.

They are just pretending the inflation doesn't exist and assume they'll all have jobs to be able.to afford said housing.

I am also wondering if any of them have 401ks?

These people will unironically go and vote MAGA again while homeless, unemployed and uninsured, blaming it all on woke or something.

These people are so unfathomably stupid that I can't even come up with a funny quip about it. It's just frustrating (to put it politely) that the wheels of our politics are being held hostage by these lowest-common denominator motherfuckers.

[We are covfefe]

Its not even just stupidity. Its cult mentality.

[Xath]

Its not even just stupidity. Its cult mentality.

It's both though

[Belize]

https://www.reddit.com/r/pics/commen...he_pricing_of/

I see Elon still brings his son K3vl4r V3$t around with him as a shield, I mean prop I mean willing participant of this promotional stunt.