I'm not defending defending the policy I'm defending the intent of the policy.
I have no idea how it will turn out. Neither do the people here who are claiming they do with certainty.
Wrong actually. Completely wrong. We have decades of historical evidence and quite literally EVERY SINGLE academic and financial expert screaming this tariff nonsense is lunacy. You're so blinded by your trump worship you can't see him completely screwing you and everyone else over.
Show us any evidence at all this isn't economic suicide for the US. I'll wait for your sources providing data driven analysis that proves this is good for the economy.
Tariffs have been very effective in the past. It's nonsense to suggest otherwise.
"EVERY SINGLE" academic and "expert" has been wrong about plenty in the last 9 years.
I'm saying I don't know. You're claiming you do because some "expert" who assured us that the inflation was transitory in 2020 says he's sure again now.
Wrong actually. Completely wrong. We have decades of historical evidence and quite literally EVERY SINGLE academic and financial expert screaming this tariff nonsense is lunacy. You're so blinded by your trump worship you can't see him completely screwing you and everyone else over.
Show us any evidence at all this isn't economic suicide for the US. I'll wait for your sources providing data driven analysis that proves this is good for the economy.
Tariffs have been very effective in the past. It's nonsense to suggest otherwise.
"EVERY SINGLE" academic and "expert" has been wrong about plenty in the last 9 years.
I'm saying I don't know. You're claiming you do because some "expert" who assured us that the inflation was transitory in 2020 says he's sure again now.
So you would rather we make unhinged and uninformed decisions then because experts cant exactly predict the future? Great idea. Clearly that is working out for trump and america so far! Market loves it so much we're down >10% since Trump took office, inflation and unemployment are up and we've lost all global respect - WINNING AMIRITE?!?!?
Tariffs have been very effective in the past. It's nonsense to suggest otherwise.
"EVERY SINGLE" academic and "expert" has been wrong about plenty in the last 9 years.
I'm saying I don't know. You're claiming you do because some "expert" who assured us that the inflation was transitory in 2020 says he's sure again now.
So you would rather we make unhinged and uninformed decisions then because experts cant exactly predict the future? Great idea. Clearly that is working out for trump and america so far! Market loves it so much we're down >10% since Trump took office, inflation and unemployment are up and we've lost all global respect - WINNING AMIRITE?!?!?
"Unhinged and uninformed" is just an opinion.
Short term symptoms are completely irrelevant.
The "market" is the billionaires and the rich you're desperate to punish. Why do you suddenly care about them?
So you would rather we make unhinged and uninformed decisions then because experts cant exactly predict the future? Great idea. Clearly that is working out for trump and america so far! Market loves it so much we're down >10% since Trump took office, inflation and unemployment are up and we've lost all global respect - WINNING AMIRITE?!?!?
"Unhinged and uninformed" is just an opinion.
Short term symptoms are completely irrelevant.
The "market" is the billionaires and the rich you're desperate to punish. Why do you suddenly care about them?
Unhinged and uninformed is not an opinion, it is a fact.
Prove to us the tariffs are informed then. What evidence and data do you have projecting they'll be a success, when will results be realized and how are we measuring this? What was the methodology used and what analysis was conducted to determine the rates, rollout, and ROI to the public?
I'll also remind you this administration couldn't even properly calculate their tariff rates instead just taking our trade deficit with each country and dividing it by the country's exports to us as well as including unihabited islands and a US occupied military base so excuse me if we don't trust the orange god you creepily worship.
Right. But whether someone is receiving a paycheck or simply wants to receive a paycheck is ignored in the LFPR calculation, when it has a material impact on their well-being (and the health of the economy).
The LFPR includes the total working age population.
The unemployment rate ignores working age people who aren't looking for work.
I know what the LFPR includes. How does it distinguish between someone working and someone actively looking for work? Here's a hint, it doesn't.
The LFPR includes the total working age population.
The unemployment rate ignores working age people who aren't looking for work.
I know what the LFPR includes. How does it distinguish between someone working and someone actively looking for work? Here's a hint, it doesn't.
Good lord... I know it doesn't that's why it's a more useful indicator of the health of your labor force then unemployment which completely ignores everyone who isn't looking for work.
The "market" is the billionaires and the rich you're desperate to punish. Why do you suddenly care about them?
Unhinged and uninformed is not an opinion, it is a fact.
Prove to us the tariffs are informed then. What evidence and data do you have projecting they'll be a success, when will results be realized and how are we measuring this? What was the methodology used and what analysis was conducted to determine the rates, rollout, and ROI to the public?
I'll also remind you this administration couldn't even properly calculate their tariff rates instead just taking our trade deficit with each country and dividing it by the country's exports to us as well as including unihabited islands and a US occupied military base so excuse me if we don't trust the orange god you creepily worship.
You're assuming the tariffs are the desired end rather than a means to an end.
You have no idea what will happen you're just ranting at the scary orange man.
The fact that peolle like you are apoplectic over an issue you know nothing about is making me like the tariffs more.
$8T of that (plus interest) as from the last time the fat orange man was president. Anyway, $4.5T in tax cuts oughta fix that right up.
Biden added $8T of his own and he didn't have COVID relief as an excuse.
60 cents of every single dollar rhe government spends also goes to Democrat entitlements so $22T of that debt is 100% on the Democrats no matter who's in office when it's spent.
Democratic entitlements? You mean the ones going to support Red States with Blue States’ tax dollars? More than half of the biggest welfare states voted for Trump. None of the states that contributed more than they received from the federal government did.
The "market" is the billionaires and the rich you're desperate to punish. Why do you suddenly care about them?
The "market" is my 401K that lost the equivalent of 5 years of contributions since the Orange Buffoon got in office three months ago. That's why I do care.
So you would rather we make unhinged and uninformed decisions then because experts cant exactly predict the future? Great idea. Clearly that is working out for trump and america so far! Market loves it so much we're down >10% since Trump took office, inflation and unemployment are up and we've lost all global respect - WINNING AMIRITE?!?!?
"Unhinged and uninformed" is just an opinion.
Short term symptoms are completely irrelevant.
The "market" is the billionaires and the rich you're desperate to punish. Why do you suddenly care about them?
The market also is millions of Americans who have 401(k) accounts they are hoping to access in retirement. Those accounts are largely invested in stocks that have tanked this week. The market is comprised of stocks in companies that likely will have to pay higher interest rates to borrow to invest in production (because they are worth less) and will have reduced revenues for investment and hiring because Americans will be spending less as goods will cost more because of the tariffs.
The wealth gap and the destruction of the US manufacturing base isn't an "imaginary problem".
Not one of you has any idea how this will turn out.
This is the correct answer.
Furthermore, Trump has been right (or at least neutral) on many issue will the MSM and so-called "experts have been wildly wrong (frequently while flipping out).
A winning strategy for all of us is simple: take a beat, let's see how this will go, stop believing Trump is trying to destroy you.
The wealth gap and the destruction of the US manufacturing base isn't an "imaginary problem".
Not one of you has any idea how this will turn out.
This is the correct answer.
Furthermore, Trump has been right (or at least neutral) on many issue will the MSM and so-called "experts have been wildly wrong (frequently while flipping out).
A winning strategy for all of us is simple: take a beat, let's see how this will go, stop believing Trump is trying to destroy you.
-Krispy
It’s not that we think he is trying to destroy us. It’s that we are questioning his intelligence.
The "market" is the billionaires and the rich you're desperate to punish. Why do you suddenly care about them?
The "market" is my 401K that lost the equivalent of 5 years of contributions since the Orange Buffoon got in office three months ago. That's why I do care.
When do you plan to retire?
If you are retiring soon, then you are in way too aggressive investments, if you are retiring in the distant future, stop looking at your account, if will be better in the future once Trump's policies take effect.
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