Buckle Up: What Trump Tariffs Mean For The U.S. Economy And Stock Market

[Blisterfinger]

Yet he did it. Follow the link. It was done

It is coming out that Biden was not coherent during his administration. He suffered from something wrong with his brain. Somebody else was pulling the strings. Get it?

 

[Slade3200]

Who did you vote for Slade?

I wrote in a guy from my town who I respect

 

[Slade3200]

Typical bias from you Slade, you aren't a leftist?

Not bias… facts. His idiot tactics disappeared 10 trillion from our markets. Do you understand that?

 

[Slade3200]

It is coming out that Biden was not coherent during his administration. He suffered from something wrong with his brain. Somebody else was pulling the strings. Get it?

Yeah I get your diversion. It’s not clever

 

[Slade3200]

You need to quote where I lied. “America last!”

 

[Slade3200]

You literally just lied. Biden bragged about allowing the Trump tax cuts to expire which hurts all of us. Try telling the truth for once Slade, you say you're not a Democrat but yet you never criticize anything Democrat.

MSN

Biden was going to let the tax cuts expire and then raise corporate rates from 21 to 28% so that those earning less tha $400k wouldn’t not get their taxes raised. That was what he campaigned on. You’ve been posting falsehoods

 

[Blisterfinger]

I wrote in a guy from my town who I respect

Interesting, what were his politics?

 

[Blisterfinger]

Not bias… facts. His idiot tactics disappeared 10 trillion from our markets. Do you understand that?

I voted for Trump so I'm going to give him a year to put things together. I think that's fair. Biden was sure a disaster glad to hear you didn't vote for him. I think 10 trillion is a lie by the way, you wouldn't care to back that up would you?

 

[Blisterfinger]

That is not a lie. Biden's policies pointed to an America last attitude. D e i, Afghanistan, hunter biden corruption and money laundering ,rampant illegal immigration letting trumps tax cuts expire billions to ukraine while ignoring hurricane victims. America last.

 

[Blisterfinger]

Biden was going to let the tax cuts expire and then raise corporate rates from 21 to 28% so that those earning less tha $400k wouldn’t not get their taxes raised. That was what he campaigned on. You’ve been posting falsehoods

I have already proven that Biden was going to let the tax cuts expire and that was going to affect ALL of us. HE LIED TO YOU. Are we to the point now where you just have to lie to win this argument? He was going to let the Trump tax cuts expire which would have raised taxes on everyone, what about that don't you understand?
Provisions of the expiring tax cuts that Biden would let go away
Here are some of the key things the law did that lapsed at the end of next year:

• Lowered many individual income tax rates, notably the top rate from 39.6% to 37% for the highest earners.
• Nearly doubled the standard deduction so only about 10% of filers now itemize their deductions.
• Eliminated the personal and dependent exemptions.
• Capped the state and local tax deduction at $10,000 per filer, which generally hits blue states harder.
• Doubled the annual child tax credit to $2,000 and allowed more higher-income parents to claim it.
• Significantly reduced the number of filers subject to the alternative minimum tax, known as AMT.
• Essentially doubled the estate and gift tax exemption, so even fewer wealthy people are subject to it. Americans last

 

[Blisterfinger]

Biden was going to let the tax cuts expire and then raise corporate rates from 21 to 28% so that those earning less tha $400k wouldn’t not get their taxes raised. That was what he campaigned on. You’ve been posting falsehoods

Biden is a liar, if he let the tax cuts expire everyone's taxes would go up.

 

[Toddsterpatriot]

It's amazing one man could screw up the whole world this bad.

Leave poor Joe out of it.

 

[Blisterfinger]

Yeah I get your diversion. It’s not clever

Biden wasn't running the country. You just have to have average intelligence to be able to have seen that.

 

[Toddsterpatriot]

Biden was going to let the tax cuts expire and then raise corporate rates from 21 to 28% so that those earning less tha $400k wouldn’t not get their taxes raised. That was what he campaigned on. You’ve been posting falsehoods

Why didn't he propose that while the Demtwats held the House and Senate?

 

[Blisterfinger]

Why didn't he propose that while the Demtwats held the House and Senate?

Biden was going to let the doubling of the standard deduction expire. He lied on the campaign Trail, one of many lies.

 

[sealybobo]

The above information is but a sample of the article given here. This article is excellent, as far as giving non-biased data and information as to what Trump's tariffs are likely to do. I recommend you read the entire article.

One thing for sure, and is stated in this article and the section shown above, it that this is a "BLUNT instrument for curing those ills"

This is exactly what I have been saying all along. Trump is incompetent and makes mistakes that are very costly. Imposing tariffs on some products is not a bad idea. Imposing across the board tariffs on all nations and on all goods is a "Blunt instrument" that is idiotic and will cause more and unnecessary problems than any that it will fix.

Since day one, I have stated that TRUMP (as a person) will cause chaos and destruction of our nation, and the results of this tariff war will begin to confirm my evaluation of Trump

The American economy is the greatest economy in the world. NOT the victim of the rest of the world. Who set up our bad trade deals that hurt American workers and benefited AMERICAN corporations who also do business abroad? Why aren't we blaming the ones who did this? Republicans use GLOBALIST to explain away the cognitive dissonance.

The global economy has a problem. The rich are taking over every country. They blame Government, immigrants, anyone except themselves for being the problem. Who's running our country? Billionaire businessmen? We're being played guys.

Yes, fix bad trade deals.
YES, tariff things you want to only manufacture at home.

But DON'T do what Trump is doing.

One of Trump's billionaire buddies he appointed, the one who said his mother in law wouldn't miss a ss check, said those manufacturing jobs will be automated and so we will need robot engineers to fix those robots. So really, how many jobs are we talking about here? Not much. So Republicans are manufacturing a crisis they aren't going to fix. Or diagnosing a problem and claiming this is going to fix it when it's not. They just want to bring manufacturing back home. So do it. But they want tax breaks too. Why? You want to come home. And we are tariffing you if you don't. So no need to also give you tax breaks.

The fact is, we are the richest country in the world. The problem is the richest people in this country aren't paying the poorest enough. WE aren't getting our fair share. The solution, unions. Last year unions got big raises. Healthcare, writers, UAW, dock workers and soooo many other unions. They demanded a raise and got them. With Biden's support. Things were getting better.

Trump said if Kamala won we'd have a crash. Well, he won, and we have a crash. And he can't blame anyone but himself for this one. And don't brag when the stock market goes back to where it was 2 weeks ago. We've lost a shit ton of money. What's the goal here?

 

[sealybobo]

Why didn't he propose that while the Demtwats held the House and Senate?

He said he was going to let the Trump tax breaks expire. That hasn't even happened yet.

Why didn't Trump tell us he was going to cause a crash? He said Kamala would do it not himself.

 

[sealybobo]

If tariffs are bad, why do democrats support all those nations having tariffs on America?

Looks like the rich aren't getting richer for once.

The companies who exported those jobs are American companies.

Trump has tapped an unprecedented 13 billionaires for his administration. Here's who they are​

Howard Lutnick said the jobs coming back would actually be automated. Labor and shipping costs have gone up abroad. So these corporations want to come home anyways. No need to forgive the taxes they owe and give them tax breaks to come back but that's what's going to happen. So you are wrong. The rich are going to benefit from this. Very few Americans are.​

SEC. LUTNICK: No, it's really automated jobs. It's automated factories- automated factories. But the key is, who's going to build the factories? Who's going to operate the factories? Who's going to make them work? Great American workers.

Uneducated blue collar workers are not going to benefit from this.

That's not to say I don't want those companies to come home. I do. But you're being duped. Trump is brilliant!

 

[Slade3200]

Interesting, what were his politics?

Small government, supports private business, development background, community minded, tons of character and integrity

 

[Slade3200]

I voted for Trump so I'm going to give him a year to put things together. I think that's fair. Biden was sure a disaster glad to hear you didn't vote for him. I think 10 trillion is a lie by the way, you wouldn't care to back that up would you?

Happy to….

https://www.marketwatch.com/story/u-s-stocks-poised-for-biggest-two-day-wipeout-in-history-as-marketloses-9-6-trillion-since-inauguration-day-430919f6