WhoCaresAnymore
Posts: 885 +1,408
They have absolutely no sane policy to run on, so they attack Trump. What a great party. *shrug*.
Economists warn that Trump's tariffs could cause tech prices to skyrocket
- Thread starter Skye Jacobs
- Start date
dirtyferret
Posts: 982 +1,415
You are dealing with people who believe fascism & racism are the answer. They don't drink the kool aid, they devour it and go to the next place to give them even more. Let them wallow in the gutter with the rest of the dregs in their own ignorance and hatred with their orange clown leader.
VERY few things the MAGAts do are being done by the Dems. Well, unless you have proof, but seeing as you ignored my previous posts asking for similar, I don't see an answer coming.
You talk loud but never state what you mean. Its very boring.
Ok see my answer blow to @WhoCaresAnymore
Yes, the Dems are. They have a great track record of successfully repairing a previous CONServative administration.
I have plenty of time so, you and your fellow "speak with no facts" buddy tell me something you want the Harris opinion or policy on. And I will provide it. With quotes and links.
You both can consider yourselves challenged. I want to see how you tRUMP loudspeakers do at the core. Money where your mouth is so to speak. And I have a feeling in my gut that many here will also want the chance to challenger your preconceived inner conflicts with the facts.
And PLEASE, also feel free to continue your total lack of tariff knowledge. It's amusing.
Fire when ready.
Oh God man, you are a treat!
You should be put next to the phrase "gift that keeps on giving" to the left!
You obviously know nothing of what you speak (again) so I will just point out that a large majority of blue collar union workers are Democrats.
Key facts about union members and the 2024 election
About six-in-ten voters who belong to a union identify with or lean toward the Democratic Party, while about four-in-ten associate with the GOP.
www.pewresearch.org
Have you listened the average union worker? Sure, the union bosses may be saying that they're going to vote for the Dems but if you ask the average union member on the street, a lot of them are saying that they're going to vote Rep.
WhoCaresAnymore
Posts: 885 +1,408
Eyes wide shut brother. Libs cannot see anything beyond what the press feeds them. Absolutely no critical thinking. So, I don't bother much with them. I hang around like minded people and we are good. Nothing people say gets under our skin.
Back to repairing my house from the Hurricane. Wonder how many people here have the carpentry skills to do that.
OK I'm all ready for your questions on Harris policy you two.
How many people you debate with ASKS you to tell me your view of the specifics?
But until then, which I'm sure you are both looking forward to:
And that Pew report was a survey, not a favorite interview collection.
And yet my reply shows that is exactly what you did. I can find people here in Arkansas that are voting Dem. Do you believe that builds a precedent?
How many people you debate with ASKS you to tell me your view of the specifics?
But until then, which I'm sure you are both looking forward to:
Even better, I know many. I have many in my family. They don't cherry-pick who they talk to or about.
And that Pew report was a survey, not a favorite interview collection.
And yet my reply shows that is exactly what you did. I can find people here in Arkansas that are voting Dem. Do you believe that builds a precedent?
Well I'm an architect with a foundation wing so, not only can I, but you would have to leave before I started work.
And I wish you best of luck with that. I hope you had some good insurance brother.
Bamda
Posts: 588 +308
If Dimwitted Don is elected, I am going to laugh so hard. And I will enjoy reading the results to the American's that have to endure it.
bclaymiles
Posts: 210 +174
Lets be clear here. SRB made the statement regarding tariffs causing inflation to 'skyrocket to a massive 1.9%' - and as it turns out, he was being histrionic/sarcastic in response to another poster, and went <whooosh> over my head, and I posted regarding the 9.1% inflation during Biden's tenure. Along with a link describing the fact that Biden lied (multiple times) that he 'inherited' the high inflation from DJT. That was the factual info I referred to. Funny, I thought only DJT lied. Huh.
Uh, that's precisely what 'follows in a trailing fashion' means. US inflation goes up, the rest of the world's inflation goes up, but delayed. US inflation goes down, the rest of the world's inflation goes down, but delayed. The CEA graphs I posted previously (not in reply to you) demonstrate exactly what I pointed out. The global economy follows the US economy in trailing fashion.
It's very clear to see, particularly wrt the covid interval. The link again, in case you missed it:
CEA: Apples to Äpfel: Recent Inflation Trends in the G7 | The White House
Inflation is top of mind globally. Comparing inflation across countries, however, is a lot easier said than done. In this post, the CEA introduces a new
Except that it wasn't. It may have contributed in some small degree, but the inflation rates didn't budge in response to the imposition of the tariffs, which were first initated in 2018:
2016: 2.10
2017: 2.10
2018: 1.90
2019: 2.30
2020: 1.40
You have to squint really, really hard to make an argument that a 0.40 increase 2018 to 2019 was meaningful, particularly considering that the Fed rate more than doubled in an effort to _cool_ the economy, and inflation skyrocketed in 2021 after our gross domestic product was savaged by the lockdowns.
Forbes - Bias and Credibility
LEAST BIASED These sources have minimal bias and use very few loaded words (wording that attempts to influence an audience by appeals to emotion or
mediabiasfactcheck.com
Hardly 'very right'. And for the most part, I ignore Forbes, because they use click-baity headlines constantly, and the writing is generally not great.
Im also purposely linking one from a few years ago just to show you how long we have known about this. Except you.
Trump’s Tariffs Were Much More Damaging Than Thought
Research on the impact of Donald Trump’s trade policy finds to the extent a president manages the economy, Trump managed it poorly.www.forbes.com
That's called 'manipulate perceptions by leaving most of the data out'. During DJT's tenure, very low inflation, record low joblessness, a thriving stock market. Until Covid. The article is pretty comical actually: "used movements in stock prices to measure the response to policy announcements on tariffs and the escalation of the U.S.-China trade war initiated by the Trump administration."
Wow. So, in utterly unshocking behavior, the market would drop for a bit after an _announcement_ regarding tariffs, based on eleven days worth of "data" - announcements! Not even the actual application of the tariffs. They claim they followed the market for five further days after each announcement and showed no rebound. Such wow! Very bigly! Yeah, let's just ignore the other 898 market days during DJT's tenure...
Dow Jones - 10 Year Daily Chart
Interactive chart illustrating the performance of the Dow Jones Industrial Average (DJIA) market index over the last ten years. Each point of the stock market graph is represented by the daily closing price for the DJIA. Historical data can be downloaded via the red button on the upper left...
www.macrotrends.net
It takes a stupendous amount of effort to manipulate data in such a disingenuous way. Markets get jittery over a plenitude of things. Policy announcements being one of them. That is utterly meaningless to the long term trend, which did not falter. Again, until covid.
But the most comical part of all of it? DJT's tariffs are still in place, and the Biden administration expanded them. So, are Biden's tariffs good for the economy, and DJT's were bad? How exactly does that work?
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This is a whole bunch of nonsense. There is no evidence "so many feds mix in". Whether a guy was wearing horns or not is not the point. A felony is a felony. Pelosi didn't refuse the national guard. The "deep state" doesn't exist. Its a stupid conspiracy theory (as most conspiracy theories are), right up there with adrenochrome and pizza place basements that don't exist.
Would have been good for you if republicans didn't vote against hurricane emergency funding.
Who was it who tried to overthrow the government again? Was it Democrats or was it Trump?
Pretty ironic to pretend democrats are ignoring reality when you ignore what we all saw with our own eyes. That's pure delusional thinking. "what I saw with my own eyes isn't real, and the Democrats did it even tho we all saw Trump doing it."
Pure crazy nonsense.
You don't get to call other people close minded when you can't even see reality right in front of you, plain to see with your own eyes. If you pissed your pants, you would blame democrats..
Grow up and get over your delusional BS.
If democrats are so delusional, explain this: https://www.nytimes.com/2024/09/18/us/politics/republican-officials-harris-endorsement.html
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Then try this one:
What Trump's tariffs have cost the U.S. economy
The tariffs that are already in place and the threat of a renewed escalation present enormous costs to Americans.
www.pbs.org
Don't you know? When the Dems do it, it's fine. When the Reps do it, people grab the pitchforks and torches. If it weren't for double-standards, the Dems would have no standards at all.
You're bringing up PBS? Funny. PBS is known to be VERY left-leaning. I'll believe ABC over any of the drivel that PBS puts out.
Dems are not talking about increasing the tariffs by a huge amount. This article is about Trump wanting to increase tariffs, not democrats wanting to increase them.
Besides, the situation has evolved substantially since Trump was in office. NATO and Ukraine are in a war of attrition with Russia, and Russia is getting support from nations like China.
The Biden administration is laying down sanctions more so than tariffs. The situation is complex and calculated. I don't think a clown in orange make-up is going to deal with it effectively.
When we had Trump in office, we had zero new wars in the world. Why? Because the world knew that the US wasn't going to play any games and that if anyone so much as stood up and said a bad word, the US would stomp them flat. It would feel as if God himself took a crap on them.
And then we get Joe Biden in office and not just one war starts but THREE!!!
Why? Because the rest of the world knew that the US was weak! We had a feeble old man that should've been in a rocking chair in an old folk's home instead of in the White House. The world took that a signal that they could do anything they wanted, and it would be fair game.
Suffice it to say, the world is at peace when the US is strong. Ever since the US became a superpower in the world, the world has feared us and rightfully so. I'd rather have the world fear us, because fear doesn't go away; respect, however, can be wiped out in a split second.
Yeah. You are definitely not too bright. Sorry for wasting your time.
But he's right! We have tons of things that need our attention in our own country. Roads, bridges, electric grid, telecommunications, dams, etc. All of that needs federal money before anyone else should get it.
Hell, you shouldn't have to live in a big city to get FTTH for God's sake. We should have FTTH everywhere!
monkeylove
Posts: 91 +29
To recap, tariffs aren't helpful if you've had growing trade deficits since 1975, and that's due to the dollar being used as a global reserve currency, and that the only thing you can to do import more is to take on more debt, which is what you've been doing since 1982.
Given that, tech prices will go up if you have tariffs but your debts will only keep going up. To lower those, you have to cut spending, and that will happen when tech prices do go up. But you don't want to affect your basic needs, so spending cuts will involve many things that you don't need but like. And what you like makes up your middle class conveniences.
Finally, there's another reason why you have to cut spending, and that's because BRICS and developing economies have been growing stronger, and are moving away from the dollar. With less demand for the dollar for trade, you won't be able to borrow more, which means you'll have to spend less.
Given that, tech prices will go up if you have tariffs but your debts will only keep going up. To lower those, you have to cut spending, and that will happen when tech prices do go up. But you don't want to affect your basic needs, so spending cuts will involve many things that you don't need but like. And what you like makes up your middle class conveniences.
Finally, there's another reason why you have to cut spending, and that's because BRICS and developing economies have been growing stronger, and are moving away from the dollar. With less demand for the dollar for trade, you won't be able to borrow more, which means you'll have to spend less.
It's straight up delusional to blame anyone other than Putin for the war. He decided to invade, not the US.
Trump literally tried to withhold defense funding for Ukraine before Putin invaded. He literally made the situation worse by delaying the funding for several months at a critical time.
Putin played Trump like a fiddle.
As for NATO or US military spending, the US only spends about 3% of its GDP on military spending. The amount is a lot because the US has such a high GDP, but it's about the same percentage as most other developed nation.
BRICS economies are actually taking a beating right now due to the Rubble crashing and a lot of sanctions making it much harder for them to do business as usual.
dirtyferret
Posts: 982 +1,415
not exactly a high bar of achievement considering most eight year olds can do the same
The same can be said about Biden as well, after all, he should be in an old-folks home not the damn White House.
No it can't.
Biden has been an expert on dealing with Putin for a huge part of his political career. There is probably no single American politician who is more knowledgeable when it comes to dealing with Putin. He was in charge of dealing with Putin for the entire Obama administration, and he was very vocal about the threat Russia poses to the world long before that.
I'd easily take an old man who has spent his career dealing with Russia vs an old man in orange make-up.
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