Posted on 03/11/2025 7:02:01 AM PDT by ChicagoConservative27
Sen. Rand Paul (R-Ky.), who has long been considered one of the Senate’s budget hawks, recently gave advice that when the stock market tumbles, “it pays to listen.”
“The stock market is comprised of millions of people who are simultaneously trading. The market indexes are a distillation of sentiment,” Paul posted Monday on social platform X. “When the markets tumble like this in response to tariffs, it pays to listen.”
His remarks come as markets began to dip after President Trump declined to rule out the U.S. economy from sliding into a recession.
The Dow Jones Industrial Average lost 890 points on Monday, falling around 2.1 percent. The Nasdaq also lost 4 percent, and the S&P 500 index fell 2.7 percent. Paul included a photo of the three market outlooks in his X post.
(Excerpt) Read more at thehill.com ...
It has to be done, simple as that. We’re going to have to bite the bullet for a few more months.
And if the World colludes against us and what Trump tries doesn’t work then what?
Who controls the markets, Paul?
The billionaires controls the markets and the billionaires only care about price point and personal profits.
They don’t care if America is laid waste, as long it results in more personal profits.
“gave advice that when the stock market tumbles, “it pays to listen.”
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Somebody care to explain to me what that even means?
The Crisis
by Thomas Paine
December 23, 1776
THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as FREEDOM should not be highly rated...
Paging Rand Paul...
Nothing to do with government just giving away billions of dollars ?
Rand Paul. Champion of hedge fund managers.
heh
Rand proves he is nothing more than the usual lower than prostitute politician.
All through the first half of this nations history, tarrifs were the way we made commerce regular with foriegn nations as well as funded it.
Matter of fact, that was the intention of our founding fathers.
All of a sudden, he is not a constitutionalist? Another attention seeking whore.
Keep this up, Rand and Thomas, and Mitch is gonna end up being my favorite Kentucky pol!
The world loses.
Don’t be so soft.
i work directly in imports and yes the tariffs have effects to some extent.
I just did an import from China that cost $1,400,000. At 20% tariff that’s $286000. I saw this bill with my own eyes from our clearance broker.
yeah, we’ve rolled most of the cost to our buyer who will in turn pass it on downstream.
On the flip side we did pressure our manufacturer on their cost so we knocked them down another $70k. And YES the Chinese manufacturers of the products we purchase are also under the squeeze to drop costs. And now other manufacturers in non-tariff countries are now looking into getting into the game.
It’s all a big game without frontiers with upsides and downsides
The administration needs to be doing everything possible to remove regulations and restrictions so USA manufacturing can start being able to compete
I guess we will find out. Everyone here knows it couldn’t keep going as it was.
Thanks for the info
The answer is, find out what tariffs other countries put on US products imported into their country.
Canada has tariffs as high as 240% of some US dairy products, Germany has at least 10% tariffs on US car imports plus a 19% VAT.
Canada also has a lot of restrictions on US banks operating in Canada that don’t exist in reverse.
The point is, most countries in the world have very restrictive tariffs on US made goods imported into their countries and the US up until Trump has had very few if any tariffs on any imported goods.
This situation has existed for decades and what has been the result, a total hollowing out of the US middle class as good paying manufacturing jobs have left the US.
It’s time to bring them back, if someone can come up with a better solution that reciprocal tariffs, I would be happy to support that, but politicians don’t have any solution, Trump is offering one .
When you jump from an airplane, you do so with faith in God and the parachute. At first, fear grasps you as you are in freefall; but you trust in God and the parachute.
We shouldn’t give in to the “are we there yet” syndrome.
The world needs the US, more than we need them.
Yes. It has to get worse before it gets better. Instant gratification will not work anymore. As production gets shifted more and more to the U.S. mainland, with actual citizens being hired for these jobs, we'll feel the benefits.
Trump likes to tallk up the stock market as proof of his economic success. The big funds that don’t like tariffs are pushing the market down to express their dislike and to erode Trump’s support. Fools like Rand play into this tempest in a teapot. It won’t work. It’s like Al Gore screaming about global warming on a hot day, as if it’s an indicator.
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