Trump tariffs: ruin U.S. economy until 2040

Anonymous
Anonymous wrote:
Anonymous wrote:Trump imposes flat tax of 10% on US consumer purchases of all imported goods.


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


Yeah, only MAGA in Florida supports American child workers. And, did you see Brian at the White House today, who brought his union friends? Totally welcome in the White House and probably wined and dined soon at Mar-a-Lago with all the other middle class workers.

Trump also supports all laid off steel and aluminum workers. C’mon Dems!

Anonymous
Anonymous wrote: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


Also know as a massively regressive tax. Just the way billionaires like it.
Anonymous
Anonymous wrote:NYT had an article about Kun shoulder rests for violins that are made in Canada by a small family owned business. These tariffs may put them out of business and increase the market share of the cheap Chinese knockoff shoulder rests.


Yowza. I have a viola player who actually cares about this company. Just texted her to get a new shoulder rest today to use now the line.
Anonymous
Sooner or later some will realize that the US needs the world more than the world needs the US. It may be uncomfortable for the rest of the world for a bit, but the collective economic out put of the world is more than three times the size of the USGDP. They will adjust and the US will achieve its Trumpian utopia of isolation.
Anonymous
Anonymous wrote:
Anonymous wrote:Trump imposes flat tax of 10% on US consumer purchases of all imported goods.


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


DCUm is concerned about the food these workers eat, the clothes they wear, and the cars they drive— none of which they can afford any longer.
Anonymous
Foreigner Elon Musk singlehandedly ripped off the US for $100B in Tesla capital. Where's the 25% tariff on that guy?
Anonymous
Anonymous wrote:We will have cheap gas no, so there is that.

Why?
Anonymous
Anonymous wrote:Sooner or later some will realize that the US needs the world more than the world needs the US. It may be uncomfortable for the rest of the world for a bit, but the collective economic out put of the world is more than three times the size of the USGDP. They will adjust and the US will achieve its Trumpian utopia of isolation.


Nobody is coming to save us. We’re done. Goodbye to the lives we knew and enjoyed.
Anonymous
Anonymous wrote:
Anonymous wrote:I didn't see Russia on the list. Did I miss it?


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.


All the money spent on Ukraine's defense is because of Russia.
Anonymous
james surowiecki has discovered where the completely fabricated trump tariff rate has come from for each country

"...for every country, they just took our trade deficit with that country and divided it by the country's exports to us."
Anonymous
Anonymous wrote:
Anonymous wrote:We will have cheap gas no, so there is that.

Why?


recessions and depressions reduce trade etc, so the reduction will decrease demand, so prices will come down
Anonymous
Anonymous wrote:james surowiecki has discovered where the completely fabricated trump tariff rate has come from for each country

"...for every country, they just took our trade deficit with that country and divided it by the country's exports to us."


Can you elaborate?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We will have cheap gas no, so there is that.

Why?


recessions and depressions reduce trade etc, so the reduction will decrease demand, so prices will come down


But nobody will drive anywhere except to work.
Anonymous
Very stable genius in action.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We will have cheap gas no, so there is that.

Why?


recessions and depressions reduce trade etc, so the reduction will decrease demand, so prices will come down


But nobody will drive anywhere except to work.


for those that have jobs.
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