Trump tariffs: ruin U.S. economy until 2040

[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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

[Anonymous]

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

[Anonymous]

Look up the Butterfly Revolution. It will explain what President Musk is doing.

[Anonymous]

https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/pmi/february/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

There really should more attention on the fact that they're trying to hide the damage to the economy by messing with GDP indicators, too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

There really should more attention on the fact that they're trying to hide the damage to the economy by messing with GDP indicators, too.

That is stupid. The govt is not the only entity that measures GDP. They are not honest to be able to hide it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

There really should more attention on the fact that they're trying to hide the damage to the economy by messing with GDP indicators, too.

That is stupid. The govt is not the only entity that measures GDP. They are not honest to be able to hide it.

Who is going to report it? Any media will be sued by Trump.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

There really should more attention on the fact that they're trying to hide the damage to the economy by messing with GDP indicators, too.

I don’t disagree that there will be shenanigans. But remember that during W’s Great Recession no one needed government charts to see the damage.

Trump’s recession may actually be on track to be a depression. And all because he is salty about not getting reelected in 2020.

[Anonymous]

Anonymous wrote:

https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/pmi/february/

This.
And Trump’s incessant “teasing” about whether he will impose tariffs every 30 days is not going to reduce uncertainty.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

There really should more attention on the fact that they're trying to hide the damage to the economy by messing with GDP indicators, too.

I don’t disagree that there will be shenanigans. But remember that during W’s Great Recession no one needed government charts to see the damage.

Trump’s recession may actually be on track to be a depression. And all because he is salty about not getting reelected in 2020.

Well we also have Musk who truly believes we need to "correct" the economy by crashing it, leading it to be "healthier." What "healthier" means is anyone's guess. But we are in completely uncharted territory right now. One would think that an administration would try to prevent a recession, or even a depression. Through both actions and statements, this administration is actively facilitating one.

[Anonymous]

Are you guys looking at the market right now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

There really should more attention on the fact that they're trying to hide the damage to the economy by messing with GDP indicators, too.

I don’t disagree that there will be shenanigans. But remember that during W’s Great Recession no one needed government charts to see the damage.

Trump’s recession may actually be on track to be a depression. And all because he is salty about not getting reelected in 2020.

Well we also have Musk who truly believes we need to "correct" the economy by crashing it, leading it to be "healthier." What "healthier" means is anyone's guess. But we are in completely uncharted territory right now. One would think that an administration would try to prevent a recession, or even a depression. Through both actions and statements, this administration is actively facilitating one.

Musk has a lot of interest with the Chinese.

[Anonymous]

Anonymous wrote:Are you guys looking at the market right now?

It’s crashing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.”

The price is worth it because…the goal is…? What exactly? What does a “healthier” economy mean?

I still don’t get it.

No one gets it and no one is interrogating it.

Trump has dementia. Elon is drugged out of his mind. Vance can almost touch the golden ring he so desperately desires and won’t speak up. The GOP wants tax cuts first.

There really should more attention on the fact that they're trying to hide the damage to the economy by messing with GDP indicators, too.

I don’t disagree that there will be shenanigans. But remember that during W’s Great Recession no one needed government charts to see the damage.

Trump’s recession may actually be on track to be a depression. And all because he is salty about not getting reelected in 2020.

Well we also have Musk who truly believes we need to "correct" the economy by crashing it, leading it to be "healthier." What "healthier" means is anyone's guess. But we are in completely uncharted territory right now. One would think that an administration would try to prevent a recession, or even a depression. Through both actions and statements, this administration is actively facilitating one.

Musk has a lot of interest with the Chinese.

+1 Musk’s biggest Tesla factory isn’t in America, it’s in China. Operating under a waiver that Xi could pull at any moment and take over that factory. China owns Elon.

[Anonymous]

Breaking news from NYC:

No Last-Minute Deal for Canada and Mexico to Avoid Tariffs, Trump Says

Sweeping 25 percent tariffs on Canada and Mexico will start tomorrow, President Trump said in White House remarks. Products from China will face an additional 10 percent tariff.

The tariff wars are on and American consumers are about to find out.