Trump tariffs: ruin U.S. economy until 2040

[Anonymous]

Tariffs hit a lots of low income MAGAS. Will they continue to reverse him?

https://www.msn.com/en-us/news/news/content/ar-AA1ynD44?ocid=sapphireappshare

[Anonymous]

Anonymous wrote:

Also my Safeway had zero eggs last night.

With any luck the Waffle House menu has a “thank Trump” sticker next to the egg surcharge.

[Anonymous]

Here's a Georgia Pecan farmer who is finding out you get what you vote for. I hope every pecan farmer in Georgia goes bankrupt!

https://www.13wmaz.com/article/news/local/georgia-pecan-farmers-new-round-of-chinese-tariffs/93-efaaaa2a-3fda-421a-a527-aa1bf655d26e

[Anonymous]

Anonymous wrote:Here's a Georgia Pecan farmer who is finding out you get what you vote for. I hope every pecan farmer in Georgia goes bankrupt!

https://www.13wmaz.com/article/news/local/georgia-pecan-farmers-new-round-of-chinese-tariffs/93-efaaaa2a-3fda-421a-a527-aa1bf655d26e

But Trump said it will all be worth the price that must be paid. So I’m sure they’re good with it.

[Anonymous]

[Anonymous]

Anonymous wrote:

Interesting. But how does this help the U.S. economy in Trump’s mind? Construction, car manufacturing, etc all grind to a halt. Inflation goes up.

Who benefits?

[Anonymous]

[Anonymous]

Anonymous wrote:Lot of talk that Trump’s policies will be good for the economy.

Interesting paper here that runs the numbers.

It’s not good.

Be interested for a Trump voter to provide detail on how the Trump policy will improve our economy.


“We find that these steps would result in lower US national income, lower employment, and higher inflation than otherwise. In some cases, economic conditions recover over time, but in others the damage continues through 2040.

And despite Trump’s “America first” rhetoric, these policies would harm the US economy more than any other in the world, particularly trade-exposed sectors such as manufacturing and agriculture. In some cases, other countries would enjoy stronger economic growth than otherwise after receiving inflows of capital leaving the United States.”

https://www.piie.com/blogs/realtime-economics/2024/how-much-would-trumps-plans-deportations-tariffs-and-fed-damage-us

I think what they meant to say or what is implied is it's only good if you are a billionaire who doesn't pay taxes and engages in fraud.

[Anonymous]

Anonymous wrote:

Trump seems not to understand what is happening though.

[Anonymous]

🤔

[Anonymous]

Anonymous wrote:Lot of talk that Trump’s policies will be good for the economy.

Interesting paper here that runs the numbers.

It’s not good.

Be interested for a Trump voter to provide detail on how the Trump policy will improve our economy.


“We find that these steps would result in lower US national income, lower employment, and higher inflation than otherwise. In some cases, economic conditions recover over time, but in others the damage continues through 2040.

And despite Trump’s “America first” rhetoric, these policies would harm the US economy more than any other in the world, particularly trade-exposed sectors such as manufacturing and agriculture. In some cases, other countries would enjoy stronger economic growth than otherwise after receiving inflows of capital leaving the United States.”

https://www.piie.com/blogs/realtime-economics/2024/how-much-would-trumps-plans-deportations-tariffs-and-fed-damage-us

As an economist, I voted for Harris because I read the economic policies Trump & Co shared and they were nonsensical and going to be very bad for our economy, short-term and long-term. He has no understanding of tariffs or what causes inflation. The people he surrounds himself with also don't know.

Vote these fools out asap.

[Anonymous]

Good lord

[Anonymous]

Anonymous wrote:

Anonymous wrote:Lot of talk that Trump’s policies will be good for the economy.

Interesting paper here that runs the numbers.

It’s not good.

Be interested for a Trump voter to provide detail on how the Trump policy will improve our economy.


“We find that these steps would result in lower US national income, lower employment, and higher inflation than otherwise. In some cases, economic conditions recover over time, but in others the damage continues through 2040.

And despite Trump’s “America first” rhetoric, these policies would harm the US economy more than any other in the world, particularly trade-exposed sectors such as manufacturing and agriculture. In some cases, other countries would enjoy stronger economic growth than otherwise after receiving inflows of capital leaving the United States.”

https://www.piie.com/blogs/realtime-economics/2024/how-much-would-trumps-plans-deportations-tariffs-and-fed-damage-us

As an economist, I voted for Harris because I read the economic policies Trump & Co shared and they were nonsensical and going to be very bad for our economy, short-term and long-term. He has no understanding of tariffs or what causes inflation. The people he surrounds himself with also don't know.

Vote these fools out asap.

Really don’t get what the endgame is here. They could not be damaging the U.S. economy more if they tried. They are doing absolutely everything possible to increase unemployment, inflation, and uncertainty.

So maybe they are intentionally doing this? It makes no sense otherwise.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lot of talk that Trump’s policies will be good for the economy.

Interesting paper here that runs the numbers.

It’s not good.

Be interested for a Trump voter to provide detail on how the Trump policy will improve our economy.


“We find that these steps would result in lower US national income, lower employment, and higher inflation than otherwise. In some cases, economic conditions recover over time, but in others the damage continues through 2040.

And despite Trump’s “America first” rhetoric, these policies would harm the US economy more than any other in the world, particularly trade-exposed sectors such as manufacturing and agriculture. In some cases, other countries would enjoy stronger economic growth than otherwise after receiving inflows of capital leaving the United States.”

https://www.piie.com/blogs/realtime-economics/2024/how-much-would-trumps-plans-deportations-tariffs-and-fed-damage-us

As an economist, I voted for Harris because I read the economic policies Trump & Co shared and they were nonsensical and going to be very bad for our economy, short-term and long-term. He has no understanding of tariffs or what causes inflation. The people he surrounds himself with also don't know.

Vote these fools out asap.

Really don’t get what the endgame is here. They could not be damaging the U.S. economy more if they tried. They are doing absolutely everything possible to increase unemployment, inflation, and uncertainty.

So maybe they are intentionally doing this? It makes no sense otherwise.

They are.

This was before the election.

“Elon Musk admitted that he knows that Donald Trump’s policies would crash the economy if he’s elected president, but thinks that the price is worth it.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lot of talk that Trump’s policies will be good for the economy.

Interesting paper here that runs the numbers.

It’s not good.

Be interested for a Trump voter to provide detail on how the Trump policy will improve our economy.


“We find that these steps would result in lower US national income, lower employment, and higher inflation than otherwise. In some cases, economic conditions recover over time, but in others the damage continues through 2040.

And despite Trump’s “America first” rhetoric, these policies would harm the US economy more than any other in the world, particularly trade-exposed sectors such as manufacturing and agriculture. In some cases, other countries would enjoy stronger economic growth than otherwise after receiving inflows of capital leaving the United States.”

https://www.piie.com/blogs/realtime-economics/2024/how-much-would-trumps-plans-deportations-tariffs-and-fed-damage-us

As an economist, I voted for Harris because I read the economic policies Trump & Co shared and they were nonsensical and going to be very bad for our economy, short-term and long-term. He has no understanding of tariffs or what causes inflation. The people he surrounds himself with also don't know.

Vote these fools out asap.

Really don’t get what the endgame is here. They could not be damaging the U.S. economy more if they tried. They are doing absolutely everything possible to increase unemployment, inflation, and uncertainty.

So maybe they are intentionally doing this? It makes no sense otherwise.

They are.

This was before the election.

“Elon Musk admitted that he knows that Donald Trump’s policies would crash the economy if he’s elected president, but thinks that the price is worth it.”

Except they are not reducing the deficit. They are increasing it. Bigly.

Basically Trump seems to believe he can just put the country into bankruptcy proceedings and start again. Such a dolt.