Donald Trump's Economy

[Hafar1014]

Since 2020, the U.S. has collected over $400 billion in tariff revenue, with annual figures fluctuating based on trade policy shifts and import volumes:

Fiscal Year	Tariff Revenue (Customs Duties)
2020	~$74 billion
2021	~$80 billion
2022	~$108 billion (peak year)
2023	~$77 billion
2024	~$77 billion
2025 (YTD)	~$108 billion (as of June)

IN 4 years the tariffs will equal the deficit

 

[John Edgar Slow Horses]

IN 4 years the tariffs will equal the deficit

Good hope, but let's see.

 

[Synthaholic]

 

[Synthaholic]

 

[Hafar1014]

Good hope, but let's see.

Think about it Tariffs bring in 1 trillion
tax revenues increase as GDP increases.
Spending cuts free up money.
More jobs means more taxes. It looks good

 

[Synthaholic]

 

[Synthaholic]

Think about it Tariffs bring in 1 trillion

No, it's a 1 trillion regressive tax on Americans.

 

[Toddsterpatriot]

Democrats brag about taxing Americans.
Some even promise to tax them a lot more.
Clinton did. Well, he promised to tax them less, but he lied.

 

[Synthaholic]

 

[Synthaholic]

They are too dumb.

 

[Synthaholic]

Trump killed Las Vegas

 

[John Edgar Slow Horses]

Think about it Tariffs bring in 1 trillion
tax revenues increase as GDP increases.
Spending cuts free up money.
More jobs means more taxes. It looks good

We have a decent economy because of Biden. Trump has not wrecked it... yet, so let's hope.

The fed was wise to not cut today.

Let's see if inflation stays under 3% and tariffs don't blow up costs.

 

[Synthaholic]

Trump’s Tariff Disaster

Doug Irwin, an economics professor at Dartmouth College, on Trump’s trade war, the myth of protectionism, and what history teaches us about tariffs

www.theatlantic.com

 

[Synthaholic]

Aunt Mammy tries to ditch the interview when he starts with the facts.

 

[Ringo]

I'm sorry, but Trump's mental illness is rapidly progressing.
To come up with $17 trillion in "investments" that his vassals supposedly promised to invest in the US (the reality is an order of magnitude less, and even then it's just general words)! Or to call India's economy "dead" (growth of almost 7% per year since 2019).
Who slipped Trump the sleeping Joe's pills?

 

[Toddsterpatriot]

Aunt Mammy tries to ditch the interview when he starts with the facts.

How is Biden polling on inflation?

 

[John Edgar Slow Horses]

How is Biden polling on inflation?

Who?

It's Trump's wagon he is driving into the latrine.

 

[Toddsterpatriot]

Who?

He was this old pervy guy, showered with his daughter, beloved by the left.

 

[John Edgar Slow Horses]

He was this old pervy guy, showered with his daughter, beloved by the left.

Not uncommon in that era.

 

[Synthaholic]

Donald Trump is falsely claiming a major tariff victory over the EU, but the agreement he touted was only a non-binding, aspirational framework with no enforceable commitments. Trump's “win” amounts to little more than a PR stunt.