paxamericana Posted July 30, 2025 Report Posted July 30, 2025 (edited) The U.S. economy grew at blistering 3% pace in Q2 while inflation pulled back Canadians will be mad, orange man is winning this much. Lower taxes Growing GDP Lowering inflation Deporting criminal aliens Lowering cost of living Clamping down universities teaching racist DEI agenda More wins to come Edited July 30, 2025 by paxamericana fixed article source link 1 Quote
Michael Hardner Posted July 30, 2025 Report Posted July 30, 2025 26 minutes ago, paxamericana said: The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back Canadians will be mad, orange man is winning this much. Lower taxes Growing GDP Lowering inflation Deporting criminal aliens Lowering cost of living Clamping down universities teaching racist DEI agenda More wins to come This story was published January 2024. 2 Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
paxamericana Posted July 30, 2025 Author Report Posted July 30, 2025 Just now, Michael Hardner said: This story was published January 2024. It's been corrected Quote
Michael Hardner Posted July 30, 2025 Report Posted July 30, 2025 You may have inadvertently made a point though. Why were people grumbling about the economy when growth rates were high? The answer to this explains why Trump won, and why the crown sits heavily on his head. Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
Boges Posted July 30, 2025 Report Posted July 30, 2025 If the economy is doing so well. Why is it essential to cut rates? The tariffs will be inflationary. Trump has held off on a good deal of his tariffs until recently. 2 1 Quote
gatomontes99 Posted July 30, 2025 Report Posted July 30, 2025 1 hour ago, Michael Hardner said: This story was published January 2024. Nope: "Published Wed, Jul 30 20258:30 AM EDTUpdated 3 Hours Ago" 15 minutes ago, Boges said: If the economy is doing so well. Why is it essential to cut rates? The tariffs will be inflationary. Trump has held off on a good deal of his tariffs until recently. Housing is slowing. Quote Don't you think that if I were wrong that I would know it?
robosmith Posted July 30, 2025 Report Posted July 30, 2025 27 minutes ago, Boges said: If the economy is doing so well. Why is it essential to cut rates? The tariffs will be inflationary. Trump has held off on a good deal of his tariffs until recently. Republicans almost always err on the OVERSTIMULUS side because they want to fool the public into believing there won't be a crash at the end. Like Rove's "permanent Republican majority" before the the disaster that hit in 2008. Quote
paxamericana Posted July 30, 2025 Author Report Posted July 30, 2025 (edited) 1 hour ago, Boges said: If the economy is doing so well. Why is it essential to cut rates? Simple, so it can do even better. Rates are just a speed dial the feds have for economic activity, lower rates to speed up economic activity, high rates to slow it down. So contrary to what you are insinuating, rates do not actually control inflation. It slow down demand. The real way to control inflation is lower input cost like energy. Edited July 30, 2025 by paxamericana Quote
Boges Posted July 30, 2025 Report Posted July 30, 2025 17 minutes ago, paxamericana said: Simple, so it can do even better. Rates are just a speed dial the feds have for economic activity, lower rates to speed up economic activity, high rates to slow it down. So contrary to what you are insinuating, rates do not actually control inflation. It slow down demand. The real way to control inflation is lower input cost like energy. Do you know what really slows demand? higher prices. Which is where the US is likely headed. Quote
Boges Posted July 30, 2025 Report Posted July 30, 2025 1 hour ago, gatomontes99 said: Nope: "Published Wed, Jul 30 20258:30 AM EDTUpdated 3 Hours Ago" Housing is slowing. Probably for the same reason it is in Canada. Real Estate can't continue to outpace wages without people simply not being able to afford a home. Lowering rates to allow people to pay inflated prices is a trap. Quote
paxamericana Posted July 30, 2025 Author Report Posted July 30, 2025 15 minutes ago, Boges said: higher prices Not if the goods are cheaper to produce. So you can have low rates and low inflation. It’s not a mutually exclusive relationship. Quote
Boges Posted July 30, 2025 Report Posted July 30, 2025 8 minutes ago, paxamericana said: Not if the goods are cheaper to produce. So you can have low rates and low inflation. It’s not a mutually exclusive relationship. So either the US is producing goods domestically due to higher labour costs or importing goods that get dinged with a minimum 10% tariff coming across the border. Either way prices would go up. Quote
gatomontes99 Posted July 30, 2025 Report Posted July 30, 2025 26 minutes ago, Boges said: Probably for the same reason it is in Canada. Real Estate can't continue to outpace wages without people simply not being able to afford a home. Lowering rates to allow people to pay inflated prices is a trap. That might be true. It probably is true. But it addresses the now need. There are other steps being taken to help with housing. Deportations are helping. The EPA is taking steps to make new home and apartment starts easier. We need to address the forced low income housing builds, that is raising costs for everyone. I think HHS is on that already. It may need legislation though. Point is, interest rates are the short term fix while long term solutions are being put in place. Quote Don't you think that if I were wrong that I would know it?
paxamericana Posted July 30, 2025 Author Report Posted July 30, 2025 (edited) 8 minutes ago, Boges said: So either the US is producing goods domestically due to higher labour costs or importing goods that get dinged with a minimum 10% tariff coming across the border. Either way prices would go up. No, we’re going to have robots make it here. As will all countries in the future. Assuming they have the capital to invest in it. (News flash, only the US has said capital) So Canadians, what it’s going to be 51st or Haiti status? Edited July 30, 2025 by paxamericana Quote
gatomontes99 Posted July 30, 2025 Report Posted July 30, 2025 5 minutes ago, Boges said: So either the US is producing goods domestically due to higher labour costs or importing goods that get dinged with a minimum 10% tariff coming across the border. Either way prices would go up. Price to consumers does not equal cost to build. Quote Don't you think that if I were wrong that I would know it?
Boges Posted July 30, 2025 Report Posted July 30, 2025 (edited) 8 minutes ago, gatomontes99 said: That might be true. It probably is true. But it addresses the now need. There are other steps being taken to help with housing. Deportations are helping. The EPA is taking steps to make new home and apartment starts easier. We need to address the forced low income housing builds, that is raising costs for everyone. I think HHS is on that already. It may need legislation though. Point is, interest rates are the short term fix while long term solutions are being put in place. Illegal immigrants making $4/hour to pick strawberries are taking up all the 2-bedroom condos in suburban markets? Right now in the Toronto area, people bought new-start condos at the market rate at the time. Now those homes are coming on the market and no one will pay what was paid in the early 2020s (last time rates were super low). So inventory is high now, but the average income earner can't afford the home at a price unless the current owner takes a huge loss. Homes near me are sitting on the market, people can't sell them for what they thought the home was worth. Lowering rates is just a band-aid and a tool to perpetuate the problem. Edited July 30, 2025 by Boges Quote
gatomontes99 Posted July 30, 2025 Report Posted July 30, 2025 20 minutes ago, Boges said: Illegal immigrants making $4/hour to pick strawberries are taking up all the 2-bedroom condos in suburban markets? Greater demand without a subsequent increase in supply will cause increased prices to consumers. Those are undeniable laws of economics. 22 minutes ago, Boges said: Lowering rates is just a band-aid and a tool to perpetuate the problem. I gave you examples of what we are doing to improve our housing issues. Canada has vast expanses of land. Build on that. That will drop prices. Do what it takes to make it easier and more affordable for builders to build on new land. It's a long term fix. Until then, lower interest rates to make homes more affordable. Quote Don't you think that if I were wrong that I would know it?
Boges Posted July 30, 2025 Report Posted July 30, 2025 3 minutes ago, gatomontes99 said: Greater demand without a subsequent increase in supply will cause increased prices to consumers. Those are undeniable laws of economics. I gave you examples of what we are doing to improve our housing issues. Canada has vast expanses of land. Build on that. That will drop prices. Do what it takes to make it easier and more affordable for builders to build on new land. It's a long term fix. Until then, lower interest rates to make homes more affordable. The sad truth is that people whom though their homes were short term investments need to take a loss. Supply is already high. People can't sell at prices they thought they could. What I'm hearing now is that people whom bought investment properties in cottage country can't afford their homes because municipalities are banning short-term rentals. The cost of building new homes needs to drop and developers and investors need to take less profit. BTW, increasing tariffs on Canadian Steel, Aluminum and Lumber will also cause new homes to be more expensive. Quote
gatomontes99 Posted July 30, 2025 Report Posted July 30, 2025 3 minutes ago, Boges said: The sad truth is that people whom though their homes were short term investments need to take a loss. Supply is already high. People can't sell at prices they thought they could. What I'm hearing now is that people whom bought investment properties in cottage country can't afford their homes because municipalities are banning short-term rentals. That sounds like a government caused problem to me. Maybe you should vote differently? 4 minutes ago, Boges said: The cost of building new homes needs to drop and developers and investors need to take less profit. Less profit? Then how would they have the operating capital to start their next project? 5 minutes ago, Boges said: BTW, increasing tariffs on Canadian Steel, Aluminum and Lumber will also cause new homes to be more expensive Ugh... no...not necessarily. I wrote up a long post about this. Here Quote Don't you think that if I were wrong that I would know it?
Michael Hardner Posted July 30, 2025 Report Posted July 30, 2025 2 hours ago, gatomontes99 said: Nope: "Published Wed, Jul 30 20258:30 AM EDTUpdated 3 Hours Ago" You missed the post where the op acknowledged the error. Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
Michael Hardner Posted July 30, 2025 Report Posted July 30, 2025 43 minutes ago, gatomontes99 said: 1. That sounds like a government caused problem to me. Maybe you should vote differently? 2. Less profit? Then how would they have the operating capital to start their next project? 3. Ugh... no...not necessarily. I wrote up a long post about this. Here 1. Yes and no. Centrist neoliberal politics did cause the demand for immigration, globalization etc. And for sure Canada was ahead of the pack in terms of pursuing aggressive immigration numbers. But a lot of other factors are involved, and I doubt the problem would have been significantly better if Harper had stayed on. And we're speculating so.. 2. Less profit means not enough capital? 3. I will read your post.. . Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
gatomontes99 Posted July 31, 2025 Report Posted July 31, 2025 3 hours ago, Michael Hardner said: You missed the post where the op acknowledged the error. 2 hours ago, Michael Hardner said: 1. Yes and no. Centrist neoliberal politics did cause the demand for immigration, globalization etc. And for sure Canada was ahead of the pack in terms of pursuing aggressive immigration numbers. But a lot of other factors are involved, and I doubt the problem would have been significantly better if Harper had stayed on. And we're speculating so.. 2. Less profit means not enough capital? 3. I will read your post.. . I posted the actual date from the article. 2. Yes. Less profit means less money to build the next project. This isn't hard. And prek student could get that. Quote Don't you think that if I were wrong that I would know it?
Barquentine Posted July 31, 2025 Report Posted July 31, 2025 9 hours ago, paxamericana said: More wins to come Americans haven't been this gleeful since 1928. 1 Quote
Michael Hardner Posted July 31, 2025 Report Posted July 31, 2025 2 hours ago, gatomontes99 said: 1. I posted the actual date from the article. 2. Yes. Less profit means less money to build the next project. This isn't hard. And prek student could get that. 1. The post has been updated by the time you saw it. 2. So if my profit margins fall from 200% to 100%, it's not worth doing business right? Quote Looks like someone has a new patronizing catch phrase ! Michael Hardner
Nationalist Posted July 31, 2025 Report Posted July 31, 2025 So now the Libbies are praying for a market crash. Such patriots. Quote Its so lonely in m'saddle since m'horse died.
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.