Featured Trump tariffs put the US auto industry in disarray

I agree with that article. But the main factor is that success isn't always what we're told it is. There is no American Dream. Just because someone doesn't own a home or have savings for retirement or have a healthcare plan doesn't mean that that person isn't successful. Just because someone is blind and deaf, just because they live in a third world country and makes that kind of wages, just because they are dying from cancer, doesn't make that person unsuccessful.

Doing your best to do what is right makes one successful.

After all, "the race is not to the swift, nor the battle to the strong, nor bread to the wise, nor riches to the intelligent, nor favor to those with knowledge, but time and chance happen to them all." You can work like a maniac for your whole life and still lose it all.

What really gets me is when the focus is on the material. "Work hard, buy a house, buy a new car, that will make you happy." only holds water for a few people in this world, and even then, only to a certain degree. Instead, do your best and be happy about it, even if it isn't what others say you should be doing. Regardless of whether you are a millionaire or are stuck in prison, do your best, that's all that matters.

 

Hockey players carry sticks and many have missing front teeth.

They had problems sending Marines with police clubs to a riot but fixed by cutting the clubs in half.

Bob Wilson

 

Yeah right, they had an opportunity to fire him a few years ago with that recall and people already forgot the treachery he did during Covid. They are even less now about it. Come back here to tell me I am right in 3 years when he EASILY becomes president after this clown show is over..people will welcome a slick talking psycho as their president.

 

'the american dream' is a fallacy promoted by politicians and the one percent.
sure, it's possible for some to attain their dream, but there are millions of hard working, intelligent people who will never succeed.
the system is wired for politicians, big business and the stock market.
while it has improved over the last century, it is a long way from being fair.

 

Fair my azz. It took me +50 years to go from street rat to very comfortable...and not one day has ever been fair.

 

Well in terms of q1, demand went up for autos because fear of bigger price increases due to tarrifs, made people think that they would pay less than in q3. This is higher prices because of inflationary expectations, which simply moves purchases earlier but does not increase long term sales. Forecasts are US auto prices will rise and sales will fall in q3 and q4. Steel and aluminum tarrifs did not help US manufacturing workers and cost jobs. Forecasts are unclear on the new tarrifs which seem to change every week, but tarrifs and retailiation should cut manufacturing and agricultural employment and decrease gdp.

Tallying the two channels of job losses from tariffs | Federal Reserve Bank of Minneapolis

A bizzare negotiation with japan may have companies like toyota move us jobs to japan. The tarrifs on steel, aluminum, and auto parts for a us manufacturer are higher than the 15% tarrif negotiated on imported japanese cars. This is exactly the oposite of what you would do if you wanted cars affordable and higher manufacturing employment in the US.

 

Wait until those jobs aren’t there. Total disaster, worse than any depression before.
Some people don’t have normal jobs. They have been buying overpriced houses, dolling them up, fresh flower beds in front and all that, flipping the house for substantial gain, and buying another one. Now there is a notion proposed by this admin to make the gains unlimited tax free.

 

exactly

 

less we forget - for thousands & thousands of years, what we call the American dream has been an aberration. It's too late to reverse time - but if we had never shared our intellectual & Industrial know-how with the rest of the world (or allowed it to be stolen), it probably would have gone on for only a few decades longer at best. Once you start competing with a world that subsists on eaking out something much closer to a bare minimum? how is it expectable for us to continue our gluttonous excesses.
We ought to be thankful for the excesses that a large percentage of us held on to for such a long time as we slowly sink back into the norm.
(this has been an editorial from Captain depressing. )