We also don't yet know what all these cost increases are going to look like on American businesses' cash flows, earnings and capital expenditures. It could be a year or two before we have an accurate picture.
The tariffs will end the annual deficit of 1.6 trillion. Tariffs bring in 1 trillion a year. Then the national debt can start to be reduced
When inflation was only 2% under Trump 1 then that’s a pretty weak argument.
The CBO is always wrong because they never account for increases in GDP and tax revenues. The tariffs are on track to bring in 1 trillion a year. More than enough.
The very first "Earth Day" was purposely made on Vladimir Lenin's 100th "birthday" by the communist scumbags behind it all.
name a product that increased price due to tariffs. there will be silence or an insult coming.
why isn't it?
I didn't think the validity of the statement that says American consumers and businesses will pay for most of the cost of tariffs is dependent on any amount or percentage. If you're talking about $400- 500 billion in tariffs each year then that ain't weak. I would agree that in and of itself tariffs are not a major driver of inflation, but it ain't nothin' either if you're talking about that much money. That's a pretty hefty increase in regressive taxes, which is basically what a tariff is.
| 2.487% | 2.335% | 1.539% | 0.329% | 0.118% | 0.646% | 0.986% | 1.310% | 1.371% | 1.182% | 1.175% | 1.362% | 1.234% |
| 1.551% | 1.520% | 1.863% | 1.996% | 1.790% | 1.648% | 1.811% | 1.750% | 1.711% | 1.764% | 2.051% | 2.285% | 1.812% |
| 2.071% | 2.212% | 2.360% | 2.463% | 2.801% | 2.872% | 2.950% | 2.699% | 2.277% | 2.522% | 2.177% | 1.910% | 2.443% |
| 2.500% | 2.738% | 2.381% | 2.200% | 1.872% | 1.625% | 1.720% | 1.939% | 2.233% | 2.041% | 2.203% | 2.109% | 2.128% |
And you don't seem to realize that we have taken in over 200 billion dollars in tariffs and inflation has only risen by a very small miniscule amount. You even acknowledge that those tariff costs haven't shown up yet in prices Americans pay. But, you say it's right around the corner. And, I doubt any increased prices due to tariffs will ever come close to Biden and the democrats' economic policies which brought us a19% inflation total over four years. Why don't you just wait and see and then, if it happens, then you can say you told us so? Right now I'm telling you not so and the best you can say is, "Yeah, but it's coming'.
So, if that happens, we might have to refund money we would not have had in the first place anyway? Then, I guess that means prices will go down then, right?
And what's even better, foreign manufacturers are paying much of those taxes, thus decreasing the debt for us. If Democrats are stupid they would understand that.
It looks like you were smart enough to see how those numbers are going down.
how did they help the hyper wealthy exactly? I assume you can show us.
different money
