Orangecat
Diamond Member
- Jun 22, 2020
- 20,701
- 23,035
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It's a process, dummy. Be patient and let it play out.if tariffs are so amazing, why are the markets tanking?
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It's a process, dummy. Be patient and let it play out.if tariffs are so amazing, why are the markets tanking?
Four years vs. TwelveTrump's fiscal policies from his last Administration are responsible for 25% of the current National Debt.
Biden and Obama are responsible for 50% of the National Debt.
The tariffs are to bring back manufacturing to the US.
$3T is committed by corporations so far.
It will take years for that money to make products. Construction jobs will be first.
Stock markets look at the next Fed meeting, no worries, earnings look okay for the foreseeable future.
In a fucking YEAR ?What is the date?
Get back to Me in a year.
Morons think it is perfectly okay to continue to drive jobs OUT of America in the name of the stock market and at the expense of the American worker.
The OP is the typical Gen alpha. If it doesn't happen in the next 10 minutes, I don't like it.
The tariffs are going to drive manufacturing OUT of the USA, just like the last time he did this. Your trade deficit increased by 40% the last time this moron did this, and it still hasn't come down yet.
You're whistling past the graveyard here.
Way to many words to say nothing. Reagan would be aghast at Feon47 is sucking to a Russian Dictator. Reagan called Russia, "The Evil Empire". He would be way to liberal by today's Cult of 47.
Four years vs. Twelve
The tariffs are going to drive manufacturing OUT of the USA, just like the last time he did this. Your trade deficit increased by 40% the last time this moron did this, and it still hasn't come down yet.
You're whistling past the graveyard here.
Many people do not understand how tariffs work.
By raising the price of foreign goods, domestic production gets more competitive. This will eventually bring manufacturing back to the US.
The tariffs are going to drive manufacturing OUT of the USA, just like the last time he did this. Your trade deficit increased by 40% the last time this moron did this, and it still hasn't come down yet.
You're whistling past the graveyard here.
Indeed, tariffs for the purpose equalizing economies is useful. Hower, Trump's use of tariffs appears to be punitive.Manufacturing is critical for our national security. We simply cannot rely on other countries that are sometimes hostile to supply us. Do we really want to be at the mercy of other countries for our computer chips, phones, etc.? Yes, the tariffs will hurt short term, but its something we have to do.
I am willing to listen to anyone here who thinks they have a better idea.
It appears to be just plain stupidIndeed, tariffs for the purpose equalizing economies is useful. Hower, Trump's use of tariffs appears to be punitive.
Interest on the debt created by Obama and Buden causes Trump's to be much higher per year.Four years vs. Twelve
Reagan believed Tip O'Neill and the then Democrats who now are Progs that they would make meaningful cuts in social programs. They did not. So, Progressive lies in immigration and cuts in social programs in that era. Corruption comes from that. and as we see with DOGE we are finding a government filled with that is several times larger than that era.Tariffs are a totally stupid “answer” that will cost us all a shitload of money
Markets know better.So, here's the deal. Today, the NASDAQ and Dow Jones had their worst quarter since 2022. That's right. things are looking pretty grim. And yet, some fellow Trump supporters are still out here singing the praises of Trump's tariffs like they're the best thing since sliced bread. But if these tariffs are so amazing, why are the markets tanking?
At the end of the day, the stock market doesn't lie. If Trump's tariffs were really the economic miracle some people claim, we wouldn't be seeing this kind of downturn. So, to all the tariff lovers out there: maybe it's time to rethink your stance. Or at least stop pretending the stock market isn't screaming at us to do better
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Stocks close out their worst quarter since 2022 amid tariff uncertainty
The S&P 500 and the Nasdaq logged their worst performance since Russia’s invasion of Ukraine slammed into the global economy.www.nbcnews.com
Markets are adjustingMarkets know better.
Trump graduated Wharton, his advisors like Navarro, know that reciprocal tariffs will create fair trade.Trump is ignorant on macroeconomics, and his love of tariffs is stuck in the 80's.
What damage? You want to go back to 90% income tax?This can work, but not before a lot of damage has been done. All this damage, just to avoid increasing income taxes on higher earners. His pals.
By definition, they are always punitive.Indeed, tariffs for the purpose equalizing economies is useful. Hower, Trump's use of tariffs appears to be punitive.