HikerGuy83
Diamond Member
- Dec 26, 2021
- 18,605
- 14,841
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Call him whatever makes you “feel” good but he made you poorer
Just watching you guys scream is worth a lot.
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Call him whatever makes you “feel” good but he made you poorer
Most people don’t think soJust watching you guys scream is worth a lot.
Wall Street is full of globalists.It’s time for Wall Street to get a grip.
The Trump tariff policies are a calculated gamble that the threat of tariffs can fundamentally remake the global economy and retilt it in the direction of the United States — and away from China and other beggar-thy-neighbor countries.
But whether they work or not, Wall Street elites have convinced themselves that these tariffs are worse than the pandemic that stopped the entire economy, or the 2009 economic crisis that put 10 million people out of work.
And so far, nothing has happened. It’s all speculation about what could happen.
Wall Street regularly overreacts on both the upside and the downside. However, in judging the potential impact of the Trump tariffs, the first place to look is the basic math.
These tariffs, even if enacted, would be only a small part of the US economy — no more than about 1% of our economic activity.
And if they were enacted, that money would not go into corporate profits but into the US Treasury, about $300 billion a year.
The United States has an annual GDP of $28 trillion. We are the world’s largest importer, but that’s because we have the No. 1 economy in the world by far.
Relative to our size, imports are a much smaller percentage than most people think: We import about $3 trillion in goods from other countries each year, or only about 11% of our economy.
Mostly these imports are a combination of finished goods and parts we incorporate into other goods (such as the windshield wiper on the car).
Read More at -https://nypost.com/2025/04/08/opinion/get-a-grip-about-trumps-tariffs-this-is-only-1-of-the-economy/
BJ -
Nice Opinion Piece/breakdown of the issue (this morning)
by Mark Penn -
That’s why a lot of countries are lining up to make new trade deals and lower their tariffs.
China has the most to lose in a trade war. It exports about 20% of its economy, so exports are a much bigger deal for the Chinese than for us.
Most people don’t think so
Shut up stupidYou don't know or relate to most people.
Shut up stupid
Just proved his point.Shut up stupid
It’s time for Wall Street to get a grip. The Trump tariff policies are a calculated gamble that the threat of tariffs can fundamentally remake the global economy and retilt it in the direction of the United States — and away from China and other beggar-thy-neighbor countries. But whether they work or not,
The 'bedwetters' are only a loud minority. Those afraid of chainsaws are little soi boys.
The bond market is saying that congress needs to balance the budget and stop borrowing so much.
Thank you President Trump.
Call him whatever makes you “feel” good but he made you poorer
They choose not to finance idiocy.


Sorry it happened to you. It sure didn’t for me.As if Biden didn't make you /WAY/ poorer over the past four years while you sat with your dick up your ass saying absolutely nothing.
You’re talking about faith. You have faith that this pain you know is here will go away.What the tards refuse to understand that had they addressed trade and spending themselves long ago, we wouldn't be where we are at now. Now we have no choice. Sometimes you must endure short-term pain in order to realize long term benefits.
One must be willing to look at the BIG PICTURE and not just how it affects your personal hopes of retiring next month.
Trump has dropped the hammer of Thor on the ******* Chinese's heads and they are screaming like a banshee over it already--- it is now only a test of wills between us and the Chinese government, how much they are willing to sacrifice vs. the Never-Trumper wobbly, needledick democrats trying to trip us up just so they can hope to win another election.
You’re talking about faith. You have faith that this pain you know is here will go away.
You have no reason to have that faith… but you have it.
Amazing
Nope. Trumpers talk about economics in terms of faithThe adults are talking about economics.
Why do you choose not to discuss the topic. Are you out of your depth ?^^^^^^First post by Tommy I've seen in years and he is talking about idiocy.
Talk about the pot calling the kettle black.
All this from a country with about the same GDP output as our state of Maine.![]()