Are Tariffs A Good Idea?

EvilCat Breath said:
So far, groceries have come down
Click to expand...
By which measure? We know Trump made promises about eggs, here we since he's been in office:

Screenshot 2025-03-04 2.17.40 PM.webp
 
As a six time bankrupted, failed businessman Trump obviously doesn't have a very good grasp of how basic economis works. Perhap's Wharton School just let him slip through the cracks and gave him that economics degree just to get rid of him.
Who knows?
After all, one of his instructors (William T. Kelly) did say once of Trump "Donald Trump was the dumbest goddamn student I ever had."
Hmmm.....
Maybe that explains it?
At any rate he doesn't seem very qualified to lead this nation. He ran on "groceries," remember?
He promised Americans during the campaign that he could "lower grocery prices on day one."
Then he didn't, which leads to only one logical conclusion. Either he lied through his teeth...or he didn't know what the hell he was even talking about.
But now consumers who have already been struggling with high prices despite Joe Biden's monumental progress in turning Trump's disatrous Covid-19 economy around, are about to be hit HARD in the wallet by Trumpflation as a result of his boneheaded tariffs.
But the worst is yet to come.
Later this year when farmers all over the country begin harvesting their corn and soybeans the overseas markets they have historically counted on to sell them in is going to be non existent.
Many farmers will be driven to bankruptcy.
So tell me.....
HOW are these boneheaded, incompetent policies "making America GREAT again?"

“Uneasy, I think, is a word,” said Sen. Jerry Moran (R-Kan.).
They and dozens of other GOP lawmakers represent states with major agriculture industries that are among the first targets of trade retaliation from Ottawa and Mexico City. The Canadian government has already disclosed more than $20 billion worth of U.S. goods it plans to slap with higher tariffs, including food products such as poultry, beef, fish and yogurt. The fallout for ag producers, a traditionally conservative-leaning industry, will be severe. And it’s prompting Republicans in those states to take on an uncomfortable position in the party right now — questioning, albeit quietly, a major plank of Trump’s agenda.

The agriculture industry lost $26 billion from retaliatory tariffs in 2018 and 2019 — the first time Trump launched a trade war — according to the Agriculture Department, with soybean, sorghum and pork producers facing the biggest losses. While USDA stepped in with billions in direct payments to farmers to help them weather the fallout, that funding may be harder to access in Trump’s second term, as the administration seeks to cut federal spending.

 
MagicMike said:
As a six time bankrupted, failed businessman Trump obviously doesn't have a very good grasp of how basic economis works. Perhap's Wharton School just let him slip through the cracks and gave him that economics degree just to get rid of him.
Who knows?
After all, one of his instructors (William T. Kelly) did say once of Trump "Donald Trump was the dumbest goddamn student I ever had."
Hmmm.....
Maybe that explains it?
At any rate he doesn't seem very qualified to lead this nation. He ran on "groceries," remember?
He promised Americans during the campaign that he could "lower grocery prices on day one."
Then he didn't, which leads to only one logical conclusion. Either he lied through his teeth...or he didn't know what the hell he was even talking about.
But now consumers who have already been struggling with high prices despite Joe Biden's monumental progress in turning Trump's disatrous Covid-19 economy around, are about to be hit HARD in the wallet by Trumpflation as a result of his boneheaded tariffs.
But the worst is yet to come.
Later this year when farmers all over the country begin harvesting their corn and soybeans the overseas markets they have historically counted on to sell them in is going to be non existent.
Many farmers will be driven to bankruptcy.
So tell me.....
HOW are these boneheaded, incompetent policies "making America GREAT again?"

“Uneasy, I think, is a word,” said Sen. Jerry Moran (R-Kan.).
They and dozens of other GOP lawmakers represent states with major agriculture industries that are among the first targets of trade retaliation from Ottawa and Mexico City. The Canadian government has already disclosed more than $20 billion worth of U.S. goods it plans to slap with higher tariffs, including food products such as poultry, beef, fish and yogurt. The fallout for ag producers, a traditionally conservative-leaning industry, will be severe. And it’s prompting Republicans in those states to take on an uncomfortable position in the party right now — questioning, albeit quietly, a major plank of Trump’s agenda.

The agriculture industry lost $26 billion from retaliatory tariffs in 2018 and 2019 — the first time Trump launched a trade war — according to the Agriculture Department, with soybean, sorghum and pork producers facing the biggest losses. While USDA stepped in with billions in direct payments to farmers to help them weather the fallout, that funding may be harder to access in Trump’s second term, as the administration seeks to cut federal spending.

Click to expand...
MagicMike said:
As a six time bankrupted, failed businessman Trump obviously doesn't have a very good grasp of how basic economis works.
Click to expand...
Every time I see that, I know the person that posted it is a moron.
 
MagicMike said:
As a six time bankrupted, failed businessman Trump obviously doesn't have a very good grasp of how basic economis works. Perhap's Wharton School just let him slip through the cracks and gave him that economics degree just to get rid of him.
Who knows?
After all, one of his instructors (William T. Kelly) did say once of Trump "Donald Trump was the dumbest goddamn student I ever had."
Hmmm.....
Maybe that explains it?
At any rate he doesn't seem very qualified to lead this nation. He ran on "groceries," remember?
He promised Americans during the campaign that he could "lower grocery prices on day one."
Then he didn't, which leads to only one logical conclusion. Either he lied through his teeth...or he didn't know what the hell he was even talking about.
But now consumers who have already been struggling with high prices despite Joe Biden's monumental progress in turning Trump's disatrous Covid-19 economy around, are about to be hit HARD in the wallet by Trumpflation as a result of his boneheaded tariffs.
But the worst is yet to come.
Later this year when farmers all over the country begin harvesting their corn and soybeans the overseas markets they have historically counted on to sell them in is going to be non existent.
Many farmers will be driven to bankruptcy.
So tell me.....
HOW are these boneheaded, incompetent policies "making America GREAT again?"

“Uneasy, I think, is a word,” said Sen. Jerry Moran (R-Kan.).
They and dozens of other GOP lawmakers represent states with major agriculture industries that are among the first targets of trade retaliation from Ottawa and Mexico City. The Canadian government has already disclosed more than $20 billion worth of U.S. goods it plans to slap with higher tariffs, including food products such as poultry, beef, fish and yogurt. The fallout for ag producers, a traditionally conservative-leaning industry, will be severe. And it’s prompting Republicans in those states to take on an uncomfortable position in the party right now — questioning, albeit quietly, a major plank of Trump’s agenda.

The agriculture industry lost $26 billion from retaliatory tariffs in 2018 and 2019 — the first time Trump launched a trade war — according to the Agriculture Department, with soybean, sorghum and pork producers facing the biggest losses. While USDA stepped in with billions in direct payments to farmers to help them weather the fallout, that funding may be harder to access in Trump’s second term, as the administration seeks to cut federal spending.

Click to expand...
You have nothing to add. What Trump is doing will in turn stop inflation and be the absolute best for America. You losers simply do not understand a thing about business, economics and solving America's issues. Stay out of it and let the real leaders do their job. you can stand around outside Federal buildings and looks stupid with your childish protests. Or, go to the State of the Union tonight and look like 5 year olds with the rest of your Democrat babies.
 
Auld Phart said:
Every time I see that, I know the person that posted it is a moron.
Click to expand...
Why?
Do you deny that the man has had six bankrupcies? That's all public information and can't really be denied with any seriousness.
Maybe you take issue with the "failed businessman" part? Well, the dude bankrupted a casino.
A fricking CASINO man!
Think about it.
 
Cry harder you American traitor Democrats. The U.S. has had enough of other countries ripping us off and KILLING hundreds of thousands of Americans with their goddamn drugs! So stop all your whining and crying and foaming at the mouth over the tariffs. Just be glad your Dem leadership isn't rotting in prison for what they did!
 
He is trying to bring back jobs, generate revenue to pay down debt, squeeze the world to eliminate all tariffs among other objectives.

It will only work in an environment in which every nation has high tariffs and/or jobs to extract back. He will also need to maintain them for at least a year as he did in his first term. So effective were these tariffs that Biden kept them on China
 
MagicMike said:
As a six time bankrupted, failed businessman Trump obviously doesn't have a very good grasp of how basic economis works. Perhap's Wharton School just let him slip through the cracks and gave him that economics degree just to get rid of him.
Who knows?
After all, one of his instructors (William T. Kelly) did say once of Trump "Donald Trump was the dumbest goddamn student I ever had."
Hmmm.....
Maybe that explains it?
At any rate he doesn't seem very qualified to lead this nation. He ran on "groceries," remember?
He promised Americans during the campaign that he could "lower grocery prices on day one."
Then he didn't, which leads to only one logical conclusion. Either he lied through his teeth...or he didn't know what the hell he was even talking about.
But now consumers who have already been struggling with high prices despite Joe Biden's monumental progress in turning Trump's disatrous Covid-19 economy around, are about to be hit HARD in the wallet by Trumpflation as a result of his boneheaded tariffs.
But the worst is yet to come.
Later this year when farmers all over the country begin harvesting their corn and soybeans the overseas markets they have historically counted on to sell them in is going to be non existent.
Many farmers will be driven to bankruptcy.
So tell me.....
HOW are these boneheaded, incompetent policies "making America GREAT again?"

“Uneasy, I think, is a word,” said Sen. Jerry Moran (R-Kan.).
They and dozens of other GOP lawmakers represent states with major agriculture industries that are among the first targets of trade retaliation from Ottawa and Mexico City. The Canadian government has already disclosed more than $20 billion worth of U.S. goods it plans to slap with higher tariffs, including food products such as poultry, beef, fish and yogurt. The fallout for ag producers, a traditionally conservative-leaning industry, will be severe. And it’s prompting Republicans in those states to take on an uncomfortable position in the party right now — questioning, albeit quietly, a major plank of Trump’s agenda.

The agriculture industry lost $26 billion from retaliatory tariffs in 2018 and 2019 — the first time Trump launched a trade war — according to the Agriculture Department, with soybean, sorghum and pork producers facing the biggest losses. While USDA stepped in with billions in direct payments to farmers to help them weather the fallout, that funding may be harder to access in Trump’s second term, as the administration seeks to cut federal spending.

Click to expand...
Trump was right about tariffs his first term. They didn't cause inflation and in fact created a roaring economy. Nobel economist Paul Krugman predicted a recession from these tariffs. Trump was right and the leftwing Nobel economist was wrong.

If you notice, Trump has a knack of being right about everything.
 
Cougarbear said:
You have nothing to add. What Trump is doing will in turn stop inflation and be the absolute best for America. You losers simply do not understand a thing about business, economics and solving America's issues. Stay out of it and let the real leaders do their job. you can stand around outside Federal buildings and looks stupid with your childish protests. Or, go to the State of the Union tonight and look like 5 year olds with the rest of your Democrat babies.
Click to expand...

Really, and you got your degree in economics where?
Ten of the last eleven recessions began under a Republican administration. And Trump is about to make it eleven out of twelve. That's the facts. And as I do have an MBA with an economics minor, I am qualified to say that no, what he is doing is going to tank the economy.
 
Mashmont said:
Trump was right about tariffs his first term. They didn't cause inflation and in fact created a roaring economy. Nobel economist Paul Krugman predicted a recession from these tariffs. Trump was right and the leftwing Nobel economist was wrong.

If you notice, Trump has a knack of being right about everything.
Click to expand...

Trump has a knack, as apparently do you, for lying about everything. Geeez
 
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