Trump tariffs: ruin U.S. economy until 2040
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Anonymous
| I can tell you the lawyers and bankers are freaking out right now. I’m married to one. |
Anonymous
OMG is he lying about Foxconn again? Do I have to bump that thread about their supposed new plant in Wisconsin that never materialized from the first term? |
Anonymous
+1 Jobs report in two days. |
Anonymous
Agree it’s funny but he has been calling the budget this for months. It’s an admission that this Congress can’t pass anything except through reconciliation. |
Anonymous
| I predict that once the residents of Palm Beach realize that this includes Louis Vuitton, Hermes, Rolls Royce, Bentley, Ferrari, Porsche (for the maid), etc., they will descend upon Mar a Lago just as the villagers descended upon Dr. Frankenstein's castle - pitchforks and torches. |
Anonymous
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Trump says his tariffs will raise $6 trillion.
Assuming that's over 10 years, that's $600 billion per year. There are 134 million households, so this is nearly $5,000 per household per year. And it's like a sales tax, so it's a flat tax. A huge hit to the budgets of working folks. https://bsky.app/profile/justinwolfers.bsky.social/post/3llubw65mql22 |
Anonymous
| I didn't see Russia on the list. Did I miss it? |
Anonymous
would you trust anything that comes out of the clown house? |
Anonymous
Nope. Russia hasn’t been raping us like Canada has. But, they’re kinda a loser country. He mentioned that Vietnam and Cambodia were included in countries that were rich and more powerful than the US, because of their raping. But, he clarified that friends who abuse us are worse, so Canada is the villain. I suppose that means no more real maple syrup in our lifetimes. It was good while it lasted. |
Anonymous
They are not on the list. The white House claims it is because of the sanctions and thus no trade, but of course that is a lie. |
Anonymous
Amazing that DCUM elites have no understanding of economics 101 But here is their messiah Ms Rampell talking about expanding immigration On one hand she wants to increase the overwhelming immigration of low wage workers - to reduce inflation by lowering wages of low wage workers. Increasing the supply of workers reduces wages. https://www.washingtonpost.com/opinions/2022/04/11/democrats-missing-real-immigration-threat-workers-economy/ https://www.washingtonpost.com/opinions/2023/05/02/immigration-inflation-worker-shortages-labor-costs/ on the other hand, she laments about the low salaries paid to day care workers. https://www.washingtonpost.com/opinions/2023/08/27/child-care-funding-crisis/ Someone needs to teach the Princeton educated Anthropologist about Supply and Demand concepts. but I think she already knows. She would rather have cheap toys and pay indentured servants cheap pay with no benefits, than have a strong middle class. It is becoming so clear that DCUM elites hate US workers. Ah the humanity. My iPhone will be more expensive |
Anonymous
Does he realize that we all have eyes and we can see him and what he's doing? Is he so senile that he doesn't know that? |
Anonymous
Explain how tariffs improve the middle class when it is basically a $4,000-$5,000 tax on each household. |
Anonymous
| We will have cheap gas no, so there is that. |
Anonymous
There's no carrot. If Trump wants to increase manufacturer, he would entice companies to do that. If he likes workers, he would not increase the number of laborers but he is firing as many federal employees and contractors as he can which will lead to layoffs all over the private sector. Etc. Methinks you need to take an economics class, friend. Supply and demand indeed |