Stock Market is the bottom in?

[PatinPA]

QBTS is nearing a 52 week high! I'm up 73%. Sorry for this post when it crashes. haha

 

[Ben.MN/WI]

That’s a narrow view on what makes an economy. Not even North Korea only buys domestically. If individuals want to buy domestic, that’s awesome. But we know on a macro level most people want or have to buy with price in mind. Due to efficiencies, a lot of time imports are cheaper, good or bad. Additionally, good luck. Almost everything, save some locally grown food products, source part or all their good(s) from overseas. Polaris side by sides for example…assembled in the US, with Chinese parts

A lot of those foreign made auto, ATV/UTV parts are already starting to come back, and primarily because of the tariff situation. It takes a while to build tooling and get part approvals, but within 6 months there will be US options for many of the parts currently made overseas. The number of US alternatives will increase every day the tariffs are in place.

 

[Howboutthemdawgs]

A lot of those foreign made auto, ATV/UTV parts are already starting to come back, and primarily because of the tariff situation. It takes a while to build tooling and get part approvals, but within 6 months there will be US options for many of the parts currently made overseas. The number of US alternatives will increase every day the tariffs are in place.

Ironic we are talking about this

https://www.cnbc.com/2025/05/16/made-in-the-usa-vehicle-cost.html

 

[Howboutthemdawgs]

So the budget committee struck down trumps liberal spending bill thankfully. But I wonder if this isn’t part of a plan where we get screwed. Trump and rinos support the bill, conservatives reject the bill. End result is the tax cuts expire and everyone can blame everyone else. End result…more money for the government to make sure they don’t have to cut any spending, cause god forbid. More taxes more spending, win/win for the uniparty

 

[Jerry-B-WI]

Ironic we are talking about this

https://www.cnbc.com/2025/05/16/made-in-the-usa-vehicle-cost.html

What that article states is what I've been trying to emphasize in my previous posts.
Joe lunch bucket says screw Toyota and Nissan I'm gonna buy me a Chevy pickup made right here in the U.S.A. You know baseball, apple pie and all that other shit. Guess what Joe. All the plastic on your new truck is made from resin that came from Asia. The electronics and wiring came from Asia and Mexico. The steel came from Canada, along with the aluminum for the rims. It'll take decades and probably billions of dollars to bring all that back to this country. I don't see it happening, no matter what any politician tells us.

 

[Jerry-B-WI]

So the budget committee struck down trumps liberal spending bill thankfully. But I wonder if this isn’t part of a plan where we get screwed. Trump and rinos support the bill, conservatives reject the bill. End result is the tax cuts expire and everyone can blame everyone else. End result…more money for the government to make sure they don’t have to cut any spending, cause god forbid. More taxes more spending, win/win for the uniparty

Ron Johnson said he was going to roadblock it in the Senate. He says it spends too much money, by about a trillion bucks.

 

[Howboutthemdawgs]

Here’s the Big Beautiful Downgrade

https://www.cnbc.com/2025/05/16/moodys-downgrades-united-states-credit-rating-on-increase-in-government-debt.html

 

[T-Max]

Here’s an idea. Rather than task DOGE with finding savings (or perhaps along with) why not pass a little beautiful bill that spends less? Tough concept I know…


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[Mortenson]

Tsla went up since last time I checked 6 wks ago. Probably the news about him leaving doge and going back to the company? I think I'll sell mine Monday. Hit a solid blooper double.

 

[KY wild]

Howaboutthemdogs mentioned eating an elephant. In the case of this budget, one bite at a time would be balancing this budget. If you want to chip away at the deficit the first bite is only spending what we have this year, or maybe even a tad less. It is not impossible, the problem is every president wants to look good by showing off their accomplishments by spending more and more. I don't get it, to me it is far from rocket science, to me it is simple math....... If we spent 17% more last year than we brought in then every federal program gets cut 18% this year.

 

[T-Max]

Howaboutthemdogs mentioned eating an elephant. In the case of this budget, one bite at a time would be balancing this budget. If you want to chip away at the deficit the first bite is only spending what we have this year, or maybe even a tad less. It is not impossible, the problem is every president wants to look good by showing off their accomplishments by spending more and more. I don't get it, to me it is far from rocket science, to me it is simple math....... If we spent 17% more last year than we brought in then every federal program gets cut 18% this year.

Problem is the majority of Americans are used to spending more than what they bring in…


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