Yes, you lie about many things.
Why do you hate
American Workers?
You have made numerous claims. Tod has only asked you questions about your claims.
"Why do you hate American Workers" is the BEST response you have given yet to his questions.... because you haven't have given any response to his questions.
If you can't back your claims... maybe you should find something else to do with your time, because conversations this pathetic on your part, are not convincing anyone.
OnePercentFailure "Trump sucks, and we have trade war debt!"
Todd: "How has Trump caused debt?"
OnePercentFailure: "Trump sucks and you hate workers!"
That is what I've seen in the past two dozen posts. You screaming accusations, Todd asking you to about those accusations, and you just responding that Todd much suck too.
That makes you a moron.
We do have a trade war debt, and I posted a link detailing that.
None of your links backed your claim that tariffs caused corporate debt to increase by 25%.
Or that tariffs cause the trucking company bankruptcy.
I never wrote that tariffs caused corporate debt to increase by 25%. I wrote that consumer debt is increasing 25% on foreign products due to tariffs, and I posted a link.
Tariffs are the number one reason trucking is doing poorly. Trucks bring you and I all of our shit, less shit, less truckloads of shit.
No, I don't buy it. I think that article is garbage.
Obviously tariffs will increase the cost of goods in the long run. However, the tariffs we have implemented thus far, have not increase the prices of goods by a significant enough margin, to increase consumer debt by 25%.
Sorry, but not happening.
Further, if tariffs were the cause of consumer debt, then explain why debt has increased over the past 70 years, when there was no trade war, and in fact increasing free-trade?
The reality is consumer debt is driven more by culture, and the decline of seeing debt as an evil, and increase in instant gratification demands.
It has nothing to do with trade, or tariffs.
Besides that, your claim is a little bonkers. You are claiming that increasing the price, will have no effect on purchases. That if the cost goes up, that just means people will keep buying whatever they want, and increase debt.
By that logic, you should be on the side of Republicans, and opposing taxes, because reducing people's income with taxes, means they'll will continue to buy whatever they want, and increase debt.
Of course not. People will react to prices, just like they'll react to a loss of income, and change their purchasing habits accordingly.
Regardless of the long term ideological ramifications of your theory.... The historical facts of consumer debt, show that consumer debt tends to drop, not when prices are low, and the economy is good... but rather when the economy is bad, people stop borrowing, and start paying down debt.
When the economy is good, and prices are low, people tend to borrow more money.
This is counter intuitive. I understand that. But the reality is, people are more likely to buy expensive items on credit, when they feel their income is steady and dependable. People are more likely to delay expensive purchases, and pay down debt, when they are uncertain about the economy, and their future income.
If people were smart, they would use the good times, to pay off all their debts, and build an emergency fund of savings, when times are good.
But that goes back to the decline of economic education, and fiscal morals. Again, it's a culture problem. It's not a tariff or economy problem. It's culture. If anything, based on historical data, we can see that increasing consumer debt, is proof the economy is doing good.