Trump tariffs: ruin U.S. economy until 2040
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Anonymous
Research McKinley’s presidency. You’re welcome. |
Anonymous
In fact, the McKinley tariffs raised prices for consumers. Business was happy though. Here’s a NYT headline UP GO THE PRICES NOW; HOW THE M KINLEY TARIFF TAXES THE NECESSARIES OF LIFE. MERCHANTS ARE MARKING UP ALMOST EVERYTHING THAT MEN WEAR, EAT, OR KEEP HOUSE WITH. |
Anonymous
Except you don’t, because out of the other side of your mouth you’re complaining that prices need to be lower. |
Anonymous
Anonymous
| The idea that people concerned about inflation would vote for a guy whose major plans for the country would result in huge inflationary spikes is just mind boggling |
Anonymous
McKinley's tariffs were so terrible they radicalized farmers into the populist movement while also launching progressive reform movements in cities. After McKinley was assassinated, Teddy Roosevelt embraced progressive policies. Taft tried to undo TR's reforms, so TR ran as an independent, which handed the 1912 election to Wilson. Wilson embraced some populist and progressive policies before WWI. Republicans again turned back the clock in the 1920s, resulting in the 1929 crash and Great Depression. FDR finally brought the populists and progressives together in the New Deal, thanks largely to the failures of all the Republican Presidents except TR. |
Anonymous
They’re not really concerned about the economy. That’s just the socially acceptable answer, and one that the corporate owned GOP media pushes. Obviously Democrats are stronger on the economy, but they insist on trying to help everyone, not just the incredibly wealthy and that’s what’s intolerable to Republican voters. Republican voters literally would cut off their own noses to spite the liberals. |
Anonymous
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Wow. Some sobering conclusions here. But details why Trump’s tech bro support.
The Committee for a Responsible Federal Budget, a nonpartisan group that seeks lower deficits, found that Mr. Trump’s various plans could add as much as $15 trillion to the nation’s debt over a decade. That is nearly twice as much as the economic plans being proposed by Vice President Kamala Harris. And an analysis from the Institute on Taxation and Economic Policy, a liberal think tank, found that Mr. Trump’s tax and tariff plans would, on average, amount to a tax increase for every income group except the top 5 percent of highest-earning Americans. https://www.nytimes.com/2024/10/07/us/politics/trump-economic-plans-debt-costs.html?unlocked_article_code=1.Qk4.0At9.qirqkSLhg86u&smid=nytcore-ios-share&referringSource=articleShare |
Anonymous
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US economy and the entire world economy is already ruined for decades. There is no turning back at this point without some tough decisions.
There is no fixing it now, that's why all the political elite are building doomsday bunkers in New Zealand and Hawaii, hoping to avoid the collapse and the masses. |
Anonymous
Hardly. The u.s. economy is the envy of the world. It’s amazing that we had a soft landing and not the recession everyone expected. |
Anonymous
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Now it’s come out that Trump’s bibles are printed in China— he charges $60 for them but outsourced printing to China to save money.
His whole theory of why you should trust him on the economy is just a tissue of lies. He is nothing but a grifter |
Anonymous
The pages of his bibles are also tissues of lies. |
Anonymous
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