All Forum Posts by: Jeremiah Dunakin

Quote from @Steve K.:

@Jeremiah Dunakin Also Elon is open about his drug use and about staying up late on drugs and working on his projects (LSD, cocaine, ecstasy, mushrooms, and ketamine). It's not a secret:

https://www.wsj.com/business/elon-musk-illegal-drugs-e826a9e...

https://www.ndtv.com/world-news/elon-musk-opens-up-about-dru..

 That’s fine. He can do drugs. Most of the public can’t pass a drug test. Most of the people running this country and businesses, athletes,CEO, cops, Doctors can’t pass a drug test. Does it matter. I never denied he did drugs or do I care. Does he perform? 

Quote from @Marcus Auerbach:

Quote from @Jeremiah Dunakin:

As far as housing I don’t see much changing. Until Powell drops those rates people aren’t gonna move. The difference between 7.5% rate and a 4.5% on a 200000$ house is roughly 400/ month. That is a ton of money to John Q. Public. A ton. If someone has a 2.5% loan they ain’t gonna move get less house just to pay more in interest. If immigration is on scale that some think(I don’t think it will be) that would free up housing.Also until red tape is cut and things are deregulated a little bit housing will stay high. Try to build new in freedom hating states. A friend of mine just built in a purple state and he said it was worse thing he ever been through and he grew up in household where they built numerous houses. Tariffs aren’t gonna be a big deal. We can produce building material here. We have as much natural resources as anyone in the world, most of the time is restricted for squirrels. Get the price of oil down and everything becomes cheaper. The USA is a petroleum based economy. The gas you buy the diesel that moves the junk to Walmart, the plastic on your glasses all are based on oil. I learned a valuable lesson when I was a kid. I saw gas prices going up and I asked those fed me what we was gonna do as they drove truck. He said have no fear I just raise the price to ship it. Nothing changes for us.unleash the oil production and tariffs won’t have an impact. USA is the biggest consumer in the world. No economy survives with out us. They know they can’t afford a trade war. Look at Canada and Mexico they caved in immediately. They both know that’s why they did it. All the talk on Canada lumber we got more than we can stomach. That is a fear tactic used by people. We need to take political bias out of things and look at big picture 

You can look up the energy part of total product cost, often it's around 3%. So if fuel costs goes down a third, overall production cost for that good goes down by 1%. The math works the other way too, if fuel prices go up a third, production cost goes up 1%. So the impact either way is relatively small.

Tariffs are a tax paid by the importer. 25% tariff means the cost of imported goods go up 25%. This import tax get's paid for by the importer. 

Take it from someone who spent almost 20 years working for a global manufacturer, I have seen plenty of invoices from US Customs and Border Protection Agency issued to the US importer and then struggling to pass the cost on to the market.

Why do we collect tariffs from the importer and not the exporter? 

It's very hard to collect money overseas in Vietnam, China or Germany in a foreign legal system. That's why tariffs are always collected from the business that is inside the country. Same thing if you export something to China, the Chinese government would not try to track you down here in the US, they would not be able to make you pay, so its the importer in China who has to pay.

I get the tariff side of things. I really do.i was just simplistically saying as things relate to real estate. We can put tariffs on Canada it will be ok. People get riled up about lumber going up. My very simplistic explanation is that we can withstand it. Canada can not. Thier economy can’t with stand the financial impact of lumber prices. Ours can. We can produce lumber here if we are allowed. We can produce asphalt shingles here if allowed. Oil is major contributor of all our production .not just transportation but the actual production. While I have not dealt with international invoices I’ve lost track of how many meetings I’ve had to go to because the cost of raw materials have gone up significantly. Again I get tariffs. I also get that other countries put tariffs on us and it’s ok. It makes companies move  over seas to avoid it.maybe I’m a simpleton. I probably am. However if someone charges USA an extra 25% tariff I think it is more than logical and fair to charge them 25%. I’m not sure why Americans are ok by not playing fair. I’ve never seen a group of people so eager to get ripped off and then complain that the jobs are moving overseas or we can’t afford heath care. It’s ok for china to say we are gonna put a tariff on you and we are gonna demand that if you sell a car here you have to build a factory here. But we can’t do the same. As someone who has spent life in Midwest and and has had jobs in auto industry since I was 18. I have seen first hand how tariffs work. I know which policies produce food for Main Street. I’ve been through 4 different presidents with all vastly different ideas on tariffs and international trade. I spend a lot of time in Detroit on Main Street with working class. I know who polices got us talking to Marvin (Michigan unemployment) and who got us overtime. I get tariffs I really do. I understand the importer pays the tax. I also understand the threat of tariffs kept John Deere and my beloved Harley Davidson here. I have seen big three “re-examine” moving production. I see that Kia builds cars in Georgia and are looking to expand. Same as MB and BMW tariffs are big reason for that. It’s not cause the labor is cheaper or the environmental cost and regulations are easier. 

As far as housing I don’t see much changing. Until Powell drops those rates people aren’t gonna move. The difference between 7.5% rate and a 4.5% on a 200000$ house is roughly 400/ month. That is a ton of money to John Q. Public. A ton. If someone has a 2.5% loan they ain’t gonna move get less house just to pay more in interest. If immigration is on scale that some think(I don’t think it will be) that would free up housing.Also until red tape is cut and things are deregulated a little bit housing will stay high. Try to build new in freedom hating states. A friend of mine just built in a purple state and he said it was worse thing he ever been through and he grew up in household where they built numerous houses. Tariffs aren’t gonna be a big deal. We can produce building material here. We have as much natural resources as anyone in the world, most of the time is restricted for squirrels. Get the price of oil down and everything becomes cheaper. The USA is a petroleum based economy. The gas you buy the diesel that moves the junk to Walmart, the plastic on your glasses all are based on oil. I learned a valuable lesson when I was a kid. I saw gas prices going up and I asked those fed me what we was gonna do as they drove truck. He said have no fear I just raise the price to ship it. Nothing changes for us.unleash the oil production and tariffs won’t have an impact. USA is the biggest consumer in the world. No economy survives with out us. They know they can’t afford a trade war. Look at Canada and Mexico they caved in immediately. They both know that’s why they did it. All the talk on Canada lumber we got more than we can stomach. That is a fear tactic used by people. We need to take political bias out of things and look at big picture 

Quote from @Steve K.:

Quote from @James Hamling:

Quote from @Steve K.:

Elon is getting $8M per day in tax dollars, while cutting government programs that cost much less than that per year. And he was not elected. The programs he's cutting employ a lot of good people and provide a lot of good services to the country. Has anyone seen the letters that federal employees are getting? These were not written by government employees and are insulting to good people who provide civil services. They say "stop being lazy and find a real job in the private sector". It's absurd and unjust. I know for a fact that Elon is a con man from when I worked in the solar industry, his solar company was a total scam and gave the whole industry a bad name. Trump also has a history of scamming people (Trump University, his charity, all of the contractors he never paid, everyone who got the short end of the stick during his multiple bankruptcies, claiming $70k tax write off per year on his taxes to do his hair, his company was found guilty of fraud, etc.). It's a con job by two of the biggest con artists in history. People are still worried about Hunter's laptop or Hillary's emails when the conspiracy is right in front of us. Like I said earlier, these two will be the world's first Trillionaires while the rest of us suffer.  

Ok, this Trump Derangement Syndrome is way outta control now. How about some FACTS and TRUTH OF CONTEXT for this: 

Yeah, what an Evil Guy Elon and Space-X is charging the US $8m per day for what was $16m+ per day....... 

"HOW DARE YOU SAVE US MONEY ELON!!!!!!!!"

Get out of you propaganda bubble Steve and read some facts. Stop being a tool used by those with nefarious reasons. You’re better than this Steve. You’re smarter and better than this. 

You don’t think Elon is a welfare queen? 
You’ve obviously fallen for the con. I know for a fact Elon is a con man from insider information. Whenever his solar company was about to go bankrupt (because it is a crappy company with bad products and terrible customer service, just ask anyone who ever needed one of their solar leases transferred to a buyer during a home sale or needed warranty work done), he’d launch an “exciting new product that will revolutionize the solar industry”. My friend was the head of the new products division there and Elon would just come up with these random new product ideas the night before a meeting with investors while pulling an all-nighter (on drugs btw) then order my friend to put a big marketing presentation together quickly, literally using Hollywood movie sets and actors pretending to be satisfied customers when the products were completely fake. Stocks would go up after the presentation, all based on lies. The product would never come out or even begin being developed, 100% smoke and mirrors. He does this with Tesla all the time too. Stocks will go down based on missed earnings reports and Elon will just announce some new shiny object that is “coming soon” to pump the stocks.  Like the Optimus Robot that is supposedly autonomous and coming to market next year, but was actually being controlled by humans with remote controls at its launch party. Just to pump the stock up. How much do you want to bet the robot will not be for sale anytime in the near future? The cybertruck and autonomous driving are also examples of products he promised many years before they were ready just to pump stocks. The stock prices of all of his companies have always been out of whack with their P/E ratios because he’s the world’s best conman, second only to Trump. Nobody voted for him, and now he’s firing thousands of federal employees. Watch crypto closely, this is how those two will become the world’s first trillionaires. 

 Wait so you’re telling me literally the night before a huge meeting. He would get hyped up on drugs. Then basically in the middle of the night would come up with this marketing plan. Then get access to Hollywood sets and actors write a presentation and market this to some of the most successful people in the world. Jane and Jack Doe don’t get to go to these meeting. Then you are saying these successful people and investors would be completely duped by a drug fuel marketing ploy that took less than 24 from taking the drugs, to coming up with idea to setting up a Hollywood studio to filming it with actors. If he can pull all of that off that is the greatest exhibition of effecianicy I’ve ever seen. That is truly amazing. Maybe he should be in charge of DOGE wasn’t a big fan of Musk till you put it that way

Quote from @Dan H.:

Quote from @Jeremiah Dunakin:

Quote from @Dan H.:

Quote from @Jeremiah Dunakin:

Quote from @Dan H.:

Quote from @Jeremiah Dunakin:

Quote from @James Wise:

Quote from @Bruce Woodruff:

Here's my take, I believe you are missing some key points (or assuming incorrectly :-)

Put upward pressure on interest rates: Trump's demand that the Fed lower rates will have absolutely no effect.

I disagree. Presidents can, will and do put pressure on the Fed chair. They hire them and can fire them, it's not realistic to think there is no pressure on them. I say Trump puts his size 11s up Powells butt by this summer.

However, the implementation of tariffs, or just the threat of tariffs, is likely to influence rates, by impacting inflation numbers, and this influence may come quickly if prices for many common goods and services and raw materials rise

You are assuming that the typical view of Tariffs that we hear from the Dems and the Media are the way they actually work. If you listen to other economists, there are different views on this. And once the 'Reciprocal Tariffs' go into effeect, that's a whole new game. This whole Tariff thing should be short-lived anyway, I see little effect on the economy overall...

I personally believe it is unlikely that Trump actually deports millions of illegal immigrants who have settled in the United States. This, to me, seems impractical, and a PR nightmare.

I think Mr Trump will indeed deport 'a bunch', probably many millions by the time we are done, but certainly I would see the number in excess of a million, easy. He doesn't care about the PR either, the most recent poll saw 70% approval IIRC. The immigration was a huge reason he was elected.

Just my $.02.......

 This is where so many people on the left miss the boat. The negative PR he's getting for the deportations is only from the left. As Bruce said, his stance on deportations is a major reason why he was elected. Whether you are pro or anti deportation is one thing, but it's wild to me how many on the left fail to read the room. America has spoken and the left's PR stance on open boarders and immigration is no longer something the majority of Americans agree with. What MSNBC says about the deportations does not matter to the majority of Americans as they are in favor of them.

 Agreed, the American people voted for what’s going on. They voted and they voted overwhelmingly to do it. Like the man and his policies or not. The fact remains that his approval numbers are as high as they ever were. He is doing what he voted in to do. It’s amazing (I said this durning the last administration as well ) that people just don’t look at reality. They want to hate (sadly that’s where we are pure unbridled hatered) a party or group of people. Just look at facts. We see policy from both sides. Does it work? Yes or No. doesn’t matter who signs the bill. Does it work

 Overwhelmingly to me would imply at least a majority.  I do not know your definition of overwhelmingly, but they did not vote overwhelmingly for trump even using my fairly low threshold of having the majority of voters vote for him. 

There is this false narrative that there is a clear mandate by the people.  Reality is trump did not get the majority of the vote and the senate and house majorities are very thin. 

The country and the populace are very divided and have been this way for a while.  It is not good.  I wish both parties had nominated more moderate candidates, but I could also wish to win the lottery and it has zero impact. 

@sctot trench I disagree about your direction on prices as labor used for housing will increase.  Material cost is likely to increase.  This will slow new housing and make it more expensive. Supply in desirable areas is already less than demand.  Any deportations will not overcome this imbalance. Land is finite in many of these desirable areas.  So providing housing in these areas is full of challenges. 

It’s going to be a bumpy ride .. 

We can play the word game all day long. He won the popular vote and the electoral vote. He won a lot of the union vote as well as double on voters from non traditional bases. This is what I was talking about in another post. People don’t accept reality. It was a landslide he swept the blue wall picked up Georgia and North Carolina. To me that classifies as a majority. There was a clear mandate by the people of the united states(it doesn’t matter how I feel about it) everyone knew what he was running on. And yet he picked up roughly 2 million more votes than 2020 and Dems lost roughly 7 million. That’s a 9 million vote swing. To me that is people accepting his position. We can split hairs all we want and not like the outcome but he fact remains the house was held red the senate flipped red and the presidency is red. That signals that people want change(whether I agree or not) the fantasy world of not acknowledging people’s wants and desires not being in touch and having wordplay is exactly why the red wave happened.im not an eagles fan but its clear to me they dominated the Super Bowl (whether I like it or not)

 >To me that classifies as a majority.

Now you are redefining majority.  Seriously?  Winning a majority of the vote means he got over 50% of the vote.  He did not unless you change the definition of majority.

He won the popular vote by a smaller margin than any democratic victor going back to JFK.  This is the vote you indicated overwhelmingly voted for trump.  under that definition every democratic winner (and possibly some democratic losers) since JFK where more overwhelming voted for.

Definitions matter.  Making up definitions to support the narrative you desire is misleading.   Incorrect usage of majority added to questionable usage of overwhelmingly to advance a narrative is deceitful.

The US is getting more divided.  false narrative does not help.  My view is in general it has been going this way for decades.

Out

Fair enough. We can play word games all day. We can say Biden and Obama won overwhelmingly. That is fine. This is isn’t about about picking sides. Its about people either voted for him based on his clearly laid out agenda, Or they didn’t vote against it. Regardless all the chambers are Red. Call it what you will.what I know is there was a 9 million vote swing.  My opinion or thoughts on the matter don’t change who in office.the people have spoken and have said they want what he campaigned on.Be it a blow out or one vote win. In the end it doesn’t matter the size of the win. A win is a win. I hope he does well. I hope the next president does well. I hope you do well. 

What’s my narrative? I don’t have one I stated that republicans swept the elections they have an all red house. To me that is kinda of a blowout. I feel like the country “ overwhelmingly “ felt this way since it was a sweep in popular and electoral house and senate as well as I don’t think democrats did better in any county than they did last time. These are truths. Sorry we don’t see eye to eye on terms. Sheesh is this how bill mauer feels

 This view I more understand.  The legislature, executive, and judicial are all red currently.  But the margins on both legislative branches are very small.  The Executive branch did not get the majority of the vote.  If left leaning justices were more aware of their health and the nature of the legislative branch, the judicial could have a different makeup.

I also want to point out that my view of overwhelming does not apply to any term since Reagan.  It is rare that a party has control of all 3 branches, even if the margin is razor thin.  It is the reality.

This does not change that I wish the country was less divided.  I think the fact that all 3 branches are currently right leaning does not imply that the country is not very divided.

I hear JD and Trump state falsehoods like Trump won the majority of the vote or there is a clear mandate.  The reality is his margin of victory on the popular vote is less than every democratic winner going back to JFK.  they state this falsehood to give the false impression that the majority of voters voted for his actions (which is not the case).

I agree some things needed addressing but believe that many of Trumps actions are against the law.  The deficit needs addressing, but congress should have control of the purse.  Congress is abdicating their power because they do not have the votes to do the things that trump is doing by executive order that are not in his power to lawfully do.  It is an interesting but dangerous precedent.

I view this as potentially very dangerous.  I think we all hope this works out.

Regardless, I think we are in for a bumpy ride.  fortunately, I believe that I would do great financially regardless of who won the presidential election.  If taxes go down for higher tax basis, I will move more taxable money to tax free options allowing for greater wealth preservation.

Good luck

 I could be wrong but I think he is gonna be able to push through what he was voted in to do. He has both senate and house. This gonna help him push his agenda. We can not like the man in office all we want, but once the charade is over he is gonna be able to do what his constituents voted him in n to do.word it how you may but more people were in favor of his policies than were opposed. Regardless how it’s spun. People are going to expect a return in thier investment. He said such and such. Now the greater number of people who voted for him expect him to follow through.We may not like the political arena but the other side is not always wrong and my side is not always correct. Take the propaganda out of each party and look at actual content I think we would be less “devisive”.  Hope you do well in the next four years and the four after that

Quote from @Dan H.:

Quote from @Jeremiah Dunakin:

Quote from @Dan H.:

Quote from @Jeremiah Dunakin:

Quote from @James Wise:

Quote from @Bruce Woodruff:

Here's my take, I believe you are missing some key points (or assuming incorrectly :-)

Put upward pressure on interest rates: Trump's demand that the Fed lower rates will have absolutely no effect.

I disagree. Presidents can, will and do put pressure on the Fed chair. They hire them and can fire them, it's not realistic to think there is no pressure on them. I say Trump puts his size 11s up Powells butt by this summer.

However, the implementation of tariffs, or just the threat of tariffs, is likely to influence rates, by impacting inflation numbers, and this influence may come quickly if prices for many common goods and services and raw materials rise

You are assuming that the typical view of Tariffs that we hear from the Dems and the Media are the way they actually work. If you listen to other economists, there are different views on this. And once the 'Reciprocal Tariffs' go into effeect, that's a whole new game. This whole Tariff thing should be short-lived anyway, I see little effect on the economy overall...

I personally believe it is unlikely that Trump actually deports millions of illegal immigrants who have settled in the United States. This, to me, seems impractical, and a PR nightmare.

I think Mr Trump will indeed deport 'a bunch', probably many millions by the time we are done, but certainly I would see the number in excess of a million, easy. He doesn't care about the PR either, the most recent poll saw 70% approval IIRC. The immigration was a huge reason he was elected.

Just my $.02.......

 This is where so many people on the left miss the boat. The negative PR he's getting for the deportations is only from the left. As Bruce said, his stance on deportations is a major reason why he was elected. Whether you are pro or anti deportation is one thing, but it's wild to me how many on the left fail to read the room. America has spoken and the left's PR stance on open boarders and immigration is no longer something the majority of Americans agree with. What MSNBC says about the deportations does not matter to the majority of Americans as they are in favor of them.

 Agreed, the American people voted for what’s going on. They voted and they voted overwhelmingly to do it. Like the man and his policies or not. The fact remains that his approval numbers are as high as they ever were. He is doing what he voted in to do. It’s amazing (I said this durning the last administration as well ) that people just don’t look at reality. They want to hate (sadly that’s where we are pure unbridled hatered) a party or group of people. Just look at facts. We see policy from both sides. Does it work? Yes or No. doesn’t matter who signs the bill. Does it work

 Overwhelmingly to me would imply at least a majority.  I do not know your definition of overwhelmingly, but they did not vote overwhelmingly for trump even using my fairly low threshold of having the majority of voters vote for him. 

There is this false narrative that there is a clear mandate by the people.  Reality is trump did not get the majority of the vote and the senate and house majorities are very thin. 

The country and the populace are very divided and have been this way for a while.  It is not good.  I wish both parties had nominated more moderate candidates, but I could also wish to win the lottery and it has zero impact. 

@sctot trench I disagree about your direction on prices as labor used for housing will increase.  Material cost is likely to increase.  This will slow new housing and make it more expensive. Supply in desirable areas is already less than demand.  Any deportations will not overcome this imbalance. Land is finite in many of these desirable areas.  So providing housing in these areas is full of challenges. 

It’s going to be a bumpy ride .. 

We can play the word game all day long. He won the popular vote and the electoral vote. He won a lot of the union vote as well as double on voters from non traditional bases. This is what I was talking about in another post. People don’t accept reality. It was a landslide he swept the blue wall picked up Georgia and North Carolina. To me that classifies as a majority. There was a clear mandate by the people of the united states(it doesn’t matter how I feel about it) everyone knew what he was running on. And yet he picked up roughly 2 million more votes than 2020 and Dems lost roughly 7 million. That’s a 9 million vote swing. To me that is people accepting his position. We can split hairs all we want and not like the outcome but he fact remains the house was held red the senate flipped red and the presidency is red. That signals that people want change(whether I agree or not) the fantasy world of not acknowledging people’s wants and desires not being in touch and having wordplay is exactly why the red wave happened.im not an eagles fan but its clear to me they dominated the Super Bowl (whether I like it or not)

 >To me that classifies as a majority.

Now you are redefining majority.  Seriously?  Winning a majority of the vote means he got over 50% of the vote.  He did not unless you change the definition of majority.

He won the popular vote by a smaller margin than any democratic victor going back to JFK.  This is the vote you indicated overwhelmingly voted for trump.  under that definition every democratic winner (and possibly some democratic losers) since JFK where more overwhelming voted for.

Definitions matter.  Making up definitions to support the narrative you desire is misleading.   Incorrect usage of majority added to questionable usage of overwhelmingly to advance a narrative is deceitful.

The US is getting more divided.  false narrative does not help.  My view is in general it has been going this way for decades.

Out

Fair enough. We can play word games all day. We can say Biden and Obama won overwhelmingly. That is fine. This is isn’t about about picking sides. Its about people either voted for him based on his clearly laid out agenda, Or they didn’t vote against it. Regardless all the chambers are Red. Call it what you will.what I know is there was a 9 million vote swing.  My opinion or thoughts on the matter don’t change who in office.the people have spoken and have said they want what he campaigned on.Be it a blow out or one vote win. In the end it doesn’t matter the size of the win. A win is a win. I hope he does well. I hope the next president does well. I hope you do well. 

What’s my narrative? I don’t have one I stated that republicans swept the elections they have an all red house. To me that is kinda of a blowout. I feel like the country “ overwhelmingly “ felt this way since it was a sweep in popular and electoral house and senate as well as I don’t think democrats did better in any county than they did last time. These are truths. Sorry we don’t see eye to eye on terms. Sheesh is this how bill mauer feels

Quote from @Dan H.:

Quote from @Jeremiah Dunakin:

Quote from @James Wise:

Quote from @Bruce Woodruff:

Here's my take, I believe you are missing some key points (or assuming incorrectly :-)

Put upward pressure on interest rates: Trump's demand that the Fed lower rates will have absolutely no effect.

I disagree. Presidents can, will and do put pressure on the Fed chair. They hire them and can fire them, it's not realistic to think there is no pressure on them. I say Trump puts his size 11s up Powells butt by this summer.

However, the implementation of tariffs, or just the threat of tariffs, is likely to influence rates, by impacting inflation numbers, and this influence may come quickly if prices for many common goods and services and raw materials rise

You are assuming that the typical view of Tariffs that we hear from the Dems and the Media are the way they actually work. If you listen to other economists, there are different views on this. And once the 'Reciprocal Tariffs' go into effeect, that's a whole new game. This whole Tariff thing should be short-lived anyway, I see little effect on the economy overall...

I personally believe it is unlikely that Trump actually deports millions of illegal immigrants who have settled in the United States. This, to me, seems impractical, and a PR nightmare.

I think Mr Trump will indeed deport 'a bunch', probably many millions by the time we are done, but certainly I would see the number in excess of a million, easy. He doesn't care about the PR either, the most recent poll saw 70% approval IIRC. The immigration was a huge reason he was elected.

Just my $.02.......

 This is where so many people on the left miss the boat. The negative PR he's getting for the deportations is only from the left. As Bruce said, his stance on deportations is a major reason why he was elected. Whether you are pro or anti deportation is one thing, but it's wild to me how many on the left fail to read the room. America has spoken and the left's PR stance on open boarders and immigration is no longer something the majority of Americans agree with. What MSNBC says about the deportations does not matter to the majority of Americans as they are in favor of them.

 Agreed, the American people voted for what’s going on. They voted and they voted overwhelmingly to do it. Like the man and his policies or not. The fact remains that his approval numbers are as high as they ever were. He is doing what he voted in to do. It’s amazing (I said this durning the last administration as well ) that people just don’t look at reality. They want to hate (sadly that’s where we are pure unbridled hatered) a party or group of people. Just look at facts. We see policy from both sides. Does it work? Yes or No. doesn’t matter who signs the bill. Does it work

 Overwhelmingly to me would imply at least a majority.  I do not know your definition of overwhelmingly, but they did not vote overwhelmingly for trump even using my fairly low threshold of having the majority of voters vote for him. 

There is this false narrative that there is a clear mandate by the people.  Reality is trump did not get the majority of the vote and the senate and house majorities are very thin. 

The country and the populace are very divided and have been this way for a while.  It is not good.  I wish both parties had nominated more moderate candidates, but I could also wish to win the lottery and it has zero impact. 

@sctot trench I disagree about your direction on prices as labor used for housing will increase.  Material cost is likely to increase.  This will slow new housing and make it more expensive. Supply in desirable areas is already less than demand.  Any deportations will not overcome this imbalance. Land is finite in many of these desirable areas.  So providing housing in these areas is full of challenges. 

It’s going to be a bumpy ride .. 

We can play the word game all day long. He won the popular vote and the electoral vote. He won a lot of the union vote as well as double on voters from non traditional bases. This is what I was talking about in another post. People don’t accept reality. It was a landslide he swept the blue wall picked up Georgia and North Carolina. To me that classifies as a majority. There was a clear mandate by the people of the united states(it doesn’t matter how I feel about it) everyone knew what he was running on. And yet he picked up roughly 2 million more votes than 2020 and Dems lost roughly 7 million. That’s a 9 million vote swing. To me that is people accepting his position. We can split hairs all we want and not like the outcome but he fact remains the house was held red the senate flipped red and the presidency is red. That signals that people want change(whether I agree or not) the fantasy world of not acknowledging people’s wants and desires not being in touch and having wordplay is exactly why the red wave happened.im not an eagles fan but its clear to me they dominated the Super Bowl (whether I like it or not)

I always am perplexed by this question. I have sfh that I manage. I probably spend an hour a year there. That includes changing filters, lease agreements, walkthroughs. So my understanding is simple. 
  I usually hear a property manager can handle the following things. They can screen tenants and place them, they can handle repairs, they can deal with evictions, they can handle rent collections, they can handle laws.For 10% and a months rent they can deal with this.  This all sounds amazing to me. 
But in my short four years of owing a property here is my thoughts. Rent Redi or many other apps can screen tenants including criminal, eviction, and income verification along with credit checks. They also handle rent collections. This ain’t 1985 where we go pick up checks. Online payment. If there is a repair needed I can either do it(some may not be as handy) or I can call a skilled trade guy. If they are handling evictions then maybe they are not doing a good job of screening. Paying someone to fix thier mistake seems odd to me. I payed you to place a good tenant because of your skill,experience,and knowledge. But you failed on that so you want me to pay you to get rid of a problem that you created. I guess I’m loss. If I had a bunch of houses and hired a plumber to fix a leak in the first house and he “fixed it” then six months his method fails. I am not gonna pay him to come out and fix his mistake. Then hire him to “fix”plumbing in another house. It’s absurd to pay someone who fails at thier job to correct thier problem. I guess if I get big and get constant calls maybe I will fire myself and hire someone to run it. I just try to see problems and correct them before it’s major.i do the same thing for machines at work my autos and my house.

Quote from @James Wise:

Quote from @Jeremiah Dunakin:

Quote from @James Wise:

Quote from @Bruce Woodruff:

Here's my take, I believe you are missing some key points (or assuming incorrectly :-)

Put upward pressure on interest rates: Trump's demand that the Fed lower rates will have absolutely no effect.

I disagree. Presidents can, will and do put pressure on the Fed chair. They hire them and can fire them, it's not realistic to think there is no pressure on them. I say Trump puts his size 11s up Powells butt by this summer.

However, the implementation of tariffs, or just the threat of tariffs, is likely to influence rates, by impacting inflation numbers, and this influence may come quickly if prices for many common goods and services and raw materials rise

You are assuming that the typical view of Tariffs that we hear from the Dems and the Media are the way they actually work. If you listen to other economists, there are different views on this. And once the 'Reciprocal Tariffs' go into effeect, that's a whole new game. This whole Tariff thing should be short-lived anyway, I see little effect on the economy overall...

I personally believe it is unlikely that Trump actually deports millions of illegal immigrants who have settled in the United States. This, to me, seems impractical, and a PR nightmare.

I think Mr Trump will indeed deport 'a bunch', probably many millions by the time we are done, but certainly I would see the number in excess of a million, easy. He doesn't care about the PR either, the most recent poll saw 70% approval IIRC. The immigration was a huge reason he was elected.

Just my $.02.......

 This is where so many people on the left miss the boat. The negative PR he's getting for the deportations is only from the left. As Bruce said, his stance on deportations is a major reason why he was elected. Whether you are pro or anti deportation is one thing, but it's wild to me how many on the left fail to read the room. America has spoken and the left's PR stance on open boarders and immigration is no longer something the majority of Americans agree with. What MSNBC says about the deportations does not matter to the majority of Americans as they are in favor of them.

 Agreed, the American people voted for what’s going on. They voted and they voted overwhelmingly to do it. Like the man and his policies or not. The fact remains that his approval numbers are as high as they ever were. He is doing what he voted in to do. It’s amazing (I said this durning the last administration as well ) that people just don’t look at reality. They want to hate (sadly that’s where we are pure unbridled hatered) a party or group of people. Just look at facts. We see policy from both sides. Does it work? Yes or No. doesn’t matter who signs the bill. Does it work

 Imagine if a T-Shirt business tried to operate as the Left Wing Media does. It would look like this...

T-Shirt Co: We are Selling Yellow Shirts.

Customers: We don't like Yellow Shirts. We like Blue Shirts. Make Blue Shirts and we will buy them.

T-Shirt Co: We aren't going to make Blue Shirts. If you buy Blue Shirts you are racist. How many Yellow Shirts would you like to buy you racist POS?

 It’s sad but true. I just don’t understand. I feel like the older I get the more I don’t understand. To me if the math ain’t mathing. Well then it doesn’t make sense. People have a preconceived bias and they have blinders on and rage to the point of insanity. At the end of the day they don’t have a standard they live by. They only have “their truth”. I use to be that way when I was a child and voted that way. One day I decided I’m gonna do just a tad bit of research not a lot just a little and see where things actually are. I’ve never felt so free.

Quote from @James Wise:

Quote from @Bruce Woodruff:

Here's my take, I believe you are missing some key points (or assuming incorrectly :-)

Put upward pressure on interest rates: Trump's demand that the Fed lower rates will have absolutely no effect.

I disagree. Presidents can, will and do put pressure on the Fed chair. They hire them and can fire them, it's not realistic to think there is no pressure on them. I say Trump puts his size 11s up Powells butt by this summer.

However, the implementation of tariffs, or just the threat of tariffs, is likely to influence rates, by impacting inflation numbers, and this influence may come quickly if prices for many common goods and services and raw materials rise

You are assuming that the typical view of Tariffs that we hear from the Dems and the Media are the way they actually work. If you listen to other economists, there are different views on this. And once the 'Reciprocal Tariffs' go into effeect, that's a whole new game. This whole Tariff thing should be short-lived anyway, I see little effect on the economy overall...

I personally believe it is unlikely that Trump actually deports millions of illegal immigrants who have settled in the United States. This, to me, seems impractical, and a PR nightmare.

I think Mr Trump will indeed deport 'a bunch', probably many millions by the time we are done, but certainly I would see the number in excess of a million, easy. He doesn't care about the PR either, the most recent poll saw 70% approval IIRC. The immigration was a huge reason he was elected.

Just my $.02.......

 This is where so many people on the left miss the boat. The negative PR he's getting for the deportations is only from the left. As Bruce said, his stance on deportations is a major reason why he was elected. Whether you are pro or anti deportation is one thing, but it's wild to me how many on the left fail to read the room. America has spoken and the left's PR stance on open boarders and immigration is no longer something the majority of Americans agree with. What MSNBC says about the deportations does not matter to the majority of Americans as they are in favor of them.

 Agreed, the American people voted for what’s going on. They voted and they voted overwhelmingly to do it. Like the man and his policies or not. The fact remains that his approval numbers are as high as they ever were. He is doing what he voted in to do. It’s amazing (I said this durning the last administration as well ) that people just don’t look at reality. They want to hate (sadly that’s where we are pure unbridled hatered) a party or group of people. Just look at facts. We see policy from both sides. Does it work? Yes or No. doesn’t matter who signs the bill. Does it work