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The inflation. The inflation. Give us our money. Please. Even the peasants need their money.
No it doesn't you dummy.Depends on who the billionaire is, DUH
This OP is not about inflation, it is about extreme abuse of power and the cult mentality that existsThe inflation. The inflation. Give us our money. Please. Even the peasants need their money.
well, there's YOU....~S~"Oh my Gawd, what more proof can there be of Trump's lies than this video"
not a reply that addresses the OP. It is a reply that debases the messenger. This is a warning to you. Next time, you will join my ignore list.well, there's YOU....~S~
Why? Was your post directed toward me?Please look and address/answer what is provided in post #407
Perhaps not. I think it was meant for someone else.Why? Was your post directed toward me?
The globalist left was calling Milei a fascist before they could no longer deny what he was doing was working. Any extremely free market approach tends to get that treatment by progressive media.You truly are searching for straws in a haystack, aren't you? How you can compare Milei in Argentina and Trump here is beyond ridiculous. You do know that Argentina was in an extreme spiral down, don't you? In 2023, the inflation growth rate was 214% (compared to here at 3%). Their GPD was plummeting (versus here, growing) and their businesses and company's were going bankrupt (here showing record profits).
So what the hell are you talking about?
Milei came in and:
Argentina: the making of an economic miracle?
Governing with economic prudence has revived growth.
Do you consider it prudent of Trump to get rid of 11-20 million illegal aliens, raising tariffs on China 60%, choosing loyal over competent people for the important jobs and seeking revenge on all that went after him PRUDENT?
If you do, you need a shrink!
As I have stated often before "I have no beef against tariffs. My beef is with an incompetent president that institutes tariffs that cost us more than they help us".The globalist left was calling Milei a fascist before they could no longer deny what he was doing was working. Any extremely free market approach tends to get that treatment by progressive media.
Trump isn't an Austrian economist for sure, but he's addressing the unequal relationship America has with several trading partners. We have a long history of opening up our markets without requiring the same from our trading partners. That's what the tariffs are about. The idea is to use tariffs as leverage to force certain markets open.
All that aside, some level of tariffs actually work well in their own right. We currently have tariffs in the auto market that are avoided if a company assembles a certain percentage of vehicles here. This is why we have Nissan, Toyota, BMW, and Mercedes plants in the US. So, American jobs are created by carefully constructed tariffs.
We'll see how his tariffs go soon enough. Just remember that the mainstream media has a vested interest in persuading the public to believe that they don't work. The corporate ownership of most media doesn't want to deal with tariffs. They prefer to outsource everywhere they can, particularly in China.As I have stated often before "I have no beef against tariffs. My beef is with an incompetent president that institutes tariffs that cost us more than they help us".
We'll see how his tariffs go soon enough. Just remember that the mainstream media has a vested interest in persuading the public to believe that they don't work. The corporate ownership of most media doesn't want to deal with tariffs. They prefer to outsource everywhere they can, particularly in China.
And the Brookings Institution has corporate connections that I spoke of. It is the preeminent globalist institution for things like economic policy. You can look at its history to see that.
How about this link"And the Brookings Institution has corporate connections that I spoke of. It is the preeminent globalist institution for things like economic policy. You can look at its history to see that.
When considering that Trump only made it through one term before most of his policies were reversed, we didn't get a long enough timeline to see how these policies would play out beyond a few years. I'm sure the initial effects of the tariffs on the auto industry that helped to bring production here weren't pleasant.How about this link"
Moreover, the tariffs' impact on the US economy was devastating, as “the trade war had cost the economy nearly 300,000 jobs and an estimated 0.3% of real GDP; the US companies lost at least $1.7 trillion in the price of their stocks as a result of US tariffs imposed on imports from China.”3 Not only in stocks, but many ...
The US–China Trade War - Defense.gov
What you think is not all that dependable. Bottom line is that IT DID cost us more than we made.When considering that Trump only made it through one term before most of his policies were reversed, we didn't get a long enough timeline to see how these policies would play out beyond a few years. I'm sure the initial effects of the tariffs on the auto industry that helped to bring production here weren't pleasant.
And it is true that the Smoot-Hawley Tariff Act is a lot of what caused the recession of 1929 to deepen into a depression.
So, I'm aware that tariffs can sometimes fail. I'm just not convinced that the "trade war" under Trump would have been a net negative in the long run. Multiple countries have already started to make negotiations in anticipation of Trump entering office, and it basically helped to force Trudeau to resign. We have a lot of leverage in trade relations with the world, and it's about time we actually used it for once.
In the short run, presumably. We don't know about the long run yet.What you think is not all that dependable. Bottom line is that IT DID cost us more than we made.