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Was watching CNBC this morning
Posted on: July 18, 2024 at 08:41:36 CT
meatiger MU
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and one of the notes they made was JD's comments around economic populism, and that they are no longer for Wall Street, but for the American worker.
He also mentioned that foreign labor should be stopped/slowed, and how it is bad that China brings over cheap products, and we need to return to Made in the USA with the hands of USA labor.
A few questions:
1. How does that get accomplished?
2. How does that not bring us consumer inflation (edit - cost of products)?
3. Has Trump now changed from using the Stock market as his success barometer?
4. The head of JPMorgan Chase (a Wall Street guy) is one of the leading candidates for Treas Sec. How will this work?
5. Wasn't his early campaigns funded by a lot of Silicon valley (both favoring Wall Street and imported products).
Not saying he cannot change, but this would be quite the policy shift.
Edited by meatiger at 09:53:32 on 07/18/24
He also mentioned that foreign labor should be stopped/slowed, and how it is bad that China brings over cheap products, and we need to return to Made in the USA with the hands of USA labor.
A few questions:
1. How does that get accomplished?
2. How does that not bring us consumer inflation (edit - cost of products)?
3. Has Trump now changed from using the Stock market as his success barometer?
4. The head of JPMorgan Chase (a Wall Street guy) is one of the leading candidates for Treas Sec. How will this work?
5. Wasn't his early campaigns funded by a lot of Silicon valley (both favoring Wall Street and imported products).
Not saying he cannot change, but this would be quite the policy shift.
Edited by meatiger at 09:53:32 on 07/18/24
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Was watching CNBC this morning - meatiger MU - 7/18 08:41:36