Trump's affect on the US economy

[MagicMike]

why didn't you say something when newsome mandated new car ownership be all electric cars? driving out of pocket costs up by 20k? where were you?

Where were you when gas prices hit 7.00 and eggs at 9.00? you were telling us all on a great economy. So I guess this is a great economy huh?

No.
Anymore stupid questions?

 

[ElmerMudd]

here

If you do not understand economics you do not understand the big picture and how the tariffs will effect different inductries and industries compared to individuals.
The one industry may find increase in jobs in a relatively short time. There are empty factories that can be started up fairly quickly, moving manufacturing to the USA from other countries. No other industry has prebuilt infrastructure (factories) to move into. They have to be built and skilled labor is required. That takes time.

As the automobile manufacturing moves to the USA, many parts have to be accessed through other countries. The tariffs will make those parts more expensive. Thus cars will be more expensive.
The reason much manufacturing is outside the US to save money. As manufacturing moves to US, higher wages and higher cost for cars.
The UAW could do well. A unique situation. But the cost of cars is going up. Inflation

 

[AveMarica]

https://www.cnn.com/2025/04/03/business/tariff-related-layoffs-hit-five-us-auto-plants/index.html

Stellantis has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs — and as a result, some US workers will also be temporarily laid off. Among those to be laid off are 900 US hourly employees who make powertrains and stampings that supply the affected Canadian and Mexican plants, Stellantis said Thursday. The temporary layoffs are due to reduced production prompted by the tariffs.

 

[AveMarica]

Single? You really are proving yourself the dumbest here

Yes, eggs. That was dumb, even for you.

 

[BluesLegend]

Trump's affect on the US economy​

Trump CRUSHES new jobs report estimates by 168% while firing vast numbers of government workers. All hail president Trump, like a BOSS!

 

[ElmerMudd]

Trump CRUSHES new jobs report estimates by 168% while firing vast numbers of government workers. All hail president Trump, like a BOSS!

You are correct, but the unemployment rate increased from 4.1% to 4.2%. There was not a net gain in jobs based on those considered in the work force.
But if you do agree with the stat of good job growth, you better deal with the stats on the stock market, inflation, projected job losses, we will see.
You cannot cherry pick the stats you consider.

 

[jc456]

If you do not understand economics you do not understand the big picture and how the tariffs will effect different inductries and industries compared to individuals.
The one industry may find increase in jobs in a relatively short time. There are empty factories that can be started up fairly quickly, moving manufacturing to the USA from other countries. No other industry has prebuilt infrastructure (factories) to move into. They have to be built and skilled labor is required. That takes time.

As the automobile manufacturing moves to the USA, many parts have to be accessed through other countries. The tariffs will make those parts more expensive. Thus cars will be more expensive.
The reason much manufacturing is outside the US to save money. As manufacturing moves to US, higher wages and higher cost for cars.
The UAW could do well. A unique situation. But the cost of cars is going up. Inflation

So you think you’re better than the auto president! It’s all anyone needs to know

 

[ElmerMudd]

So you think you’re better than the auto president! It’s all anyone needs to know

Yes, but more importantly the majority of economists think Trump was completely off base on his tariffs were calculated. You may know more than Trump

 

[jc456]

Yes, but more importantly the majority of economists think Trump was completely off base on his tariffs were calculated. You may know more than Trump

You’re a sheep, you have no actual thought

 

[jc456]

You do not understand the stock market at all.

When in the market, you are looking for growth. If the market is at 25000 and goes to 38,000 you are makig money in that time frame. If the market is 44,000 and it goes to 38,000 you are losing money in that time period.
(assuming you are invested and indexing with the overall market)
Don't you get it.

So what changed?

 

[elektra]

Yes, eggs. That was dumb, even for you.

Join the discussion instead of being a piece of shit troll. All democrats have are insults, you prove that. No policy that is good for america

 

[Robert W]

exactly, it's why I've asked at least three times today in here, I thought they wanted the rich to pay their fair share, yet they support them when the rich are deliberately trying to tank the market.

My son told me this AM how he lost on paper tens of thousands of dollars on one of his investments. So he yesterday doubled down and bought thousands of shares at the lower price.

 

[Robert W]

The stock market increased by 58% under Biden.

But that was not caused by Biden. Do you take credit when the pilot flies you to a distant city? Biden was a passenger, not the pilot.

 

[AveMarica]

You are ignoring that under democrats a dollar buys a 100% less.

This was you.

You say things so stupid it is almost painful to read. For the record here was inflation by year under Biden:

2021 4.7%
2022 8.0%
2023 4.1%
2024 2.9%

Only in the bizarro world of Elektra the drooling idiot would that add up to 100%. Don't breed.

 

[Billiejeens]

Remember when everybody feared the day only the rich would rule the world and everyone else would be their slaves?

No

 

[AveMarica]

But that was not caused by Biden. Do you take credit when the pilot flies you to a distant city? Biden was a passenger, not the pilot.

Yep, when economic measures suit you attribute them to your candidate. When they don't, ignore them. Par for the course for people who view the world through a hyper-partisan political lens.

We're already witnessing the hilarity of folks saying anything in Q1 isn't Trump's fault since it was actually Biden. Those same people also blame Biden for the inflation that started rising in Q1 2021 when Trump handed off. People are stupid, what can you do.

 

[jc456]

This was you.

You say things so stupid it is almost painful to read. For the record here was inflation by year under Biden:

2021 4.7%
2022 8.0%
2023 4.1%
2024 2.9%

Only in the bizarro world of Elektra the drooling idiot would that add up to 100%. Don't breed.

What was it on day one?

 

[ElmerMudd]

But that was not caused by Biden. Do you take credit when the pilot flies you to a distant city? Biden was a passenger, not the pilot.

Trump and MAGA said that inflation was Biden's fault. The economy was Biden's fault.
Typical Trump MAGA doing what ver necessary to make Trump look good and opponents look bad. They will do anything, lie, cheat, steal.
Morality is not allowed in MAGA.

 

[elektra]

You say things so stupid it is almost painful to read. For the record here was inflation by year under Biden:

2021 4.7%
2022 8.0%
2023 4.1%
2024 2.9%

Your inflation numbers exclude energy and food. This is why avemarcia is the dumbest here. In ave's case, ignorance is a sign of pure stupidity.

Gas and food are never included in government inflation numbers that is a fact

Gas and food more than doubled in price. That is a fact

 

[ElmerMudd]

My son told me this AM how he lost on paper tens of thousands of dollars on one of his investments. So he yesterday doubled down and bought thousands of shares at the lower price.

Let us know how he does. He has a lot of money to make up. The US stock holders have lost 11 trillion dollars of wealth since Trump took office.
The DOW needs to hit 45,000 before people, on average, are making money in the stock market under Trump