Trump​ ❤️ Tariffs

[JFKjr]

You can't micromanage what Trump is actually going for, which is a true financial reset.

 

You can keep trying though.

 

[Big Turk]

7 minutes ago, Doc Brown said:

Economy was doing pretty good because of the TCJA and him slashing unnecessary regulations during his first term.  Would've been better without his tariffs obviously.  Covid was a force majeur event that tanked the global economy so it's unfair to blame him for that.  I also didn't kill Biden because inflation was also global but he didn't exactly help the situation here.

 

The Fed created a soft landing that almost nobody thought possible when it first started, and the US in general capped inflation far lower and got things under control quicker than the majority of other countries.  We were one of very few countries that capped inflation at under 10%

[TH3]

29 minutes ago, Doc Brown said:

You're right.  Actual tariff legislation would have to pass at the congressional level (Trump's eo's won't suffice) for the majority of CEO's to conclude it would be cheaper to build manufacturing plants and hire workers here.  The problem is it takes three plus years for that type of investment to pay off and it would mean a lot of short term economic pain for the American citizen.    

You actually thing the dollar is being "intentionally devalued"? 😀

Nobody is bringing mass manufacturing jobs back here...maybe some specific sectors...The entire concept of what dt is not feasible....It's just how much pain he will inflict before his term is over...

[Doc Brown]

Just now, TH3 said:

You actually thing the dollar is being "intentionally devalued"? 😀

Nobody is bringing mass manufacturing jobs back here...maybe some specific sectors...The entire concept of what dt is not feasible....It's just how much pain he will inflict before his term is over...

Not intentionally but it would have to if we're going to see this wonderfully thought out tariff plan that will reset the US's role in the global economy.  A lot of sarcasm in that statement btw .

11 minutes ago, Big Turk said:

 

The Fed created a soft landing that almost nobody thought possible when it first started, and the US in general capped inflation far lower and got things under control quicker than the majority of other countries.  We were one of very few countries that capped inflation at under 10%

Please tell me how the 2021 American Rescue Act didn't lead to more inflation.

[Big Turk]

5 minutes ago, Doc Brown said:

Not intentionally but it would have to if we're going to see this wonderfully thought out tariff plan that will reset the US's role in the global economy.  A lot of sarcasm in that statement btw .

Please tell me how the 2021 American Rescue Act didn't lead to more inflation.

 

Please tell me how flooding the economy with money via interest free loans to businesses and multiple stimulus checks to US citizens didn't do the same thing under Trump?

Edited 2 hours ago by Big Turk

[Roundybout]

26 minutes ago, JFKjr said:

You can't micromanage what Trump is actually going for, which is a true financial reset.

 

You can keep trying though.

 

I don’t want a financial reset, especially when there’s no tangible goal in mind 

[Doc Brown]

1 hour ago, Big Turk said:

 

Please tell me how flooding the economy with money via interest free loans to businesses and multiple stimulus checks to US citizens didn't do the same thing under Trump?

It didn’t.

[SectionC3]

33 minutes ago, Doc Brown said:

It didn’t.

Give me a break.  They’re birds of the same feather.  Both actions contributed to inflation.  Pent up demand low supply and free money yields inflation. 

[TH3]

2 hours ago, Doc Brown said:

Not intentionally but it would have to if we're going to see this wonderfully thought out tariff plan that will reset the US's role in the global economy.  A lot of sarcasm in that statement btw .

Please tell me how the 2021 American Rescue Act didn't lead to more inflation.

I am sure JB spending contributed to inflation ….but the alternative was the post 2010 austerity budgets the gop negotiated with BO that pushed any recovery out….

 

dt2 is a complete economic disaster in only 90 days….if he boots Powell Dow will go to 25k …bond yields will go up …us debt service will go up and we stand to lose a decade repearing  things….starting in 4 years

Edited 22 minutes ago by TH3

[T master]

17 hours ago, Doc Brown said:

What's he have to say about Canada?

I really don't know, but the guy doesn't pull any punches about anything and doesn't play especially where there is money to be made, I'm sure if you asked him he would for sure tell you in no uncertain terms exactly how he feels about it .