Reply to Trump tariffs: ruin U.S. economy until 2040

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s clearly not about tariffs. It’s about eliminating trade deficits. And the only way to do that is to crater American demand. And how do you crater American demand?

Make Americans too poor to buy imported goods. [/quote]

Then they are succeeding!

I've been trying to convince people to stop buying voluntarily but most people will just not stop consuming for some reason, even if they don't need new stuff. [/quote]

We are addicts.

Q4 2024

"Total household debt increased by $93 billion to reach $18.04 trillion in the fourth quarter, according to the latest Quarterly Report on Household Debt and Credit. Aggregate delinquency rates ticked up 0.1 percentage point (ppt) from the previous quarter to 3.6 percent of outstanding debt in some stage of delinquency. Mortgage balances rose by $11 billion to stand at $12.61 trillion at the end of December. Transition into serious delinquency, defined as 90 or more days past due, remained stable for mortgages, but edged up for auto loans, credit cards, and HELOC balances. Auto loan balances saw an $11 billion increase to $1.66 trillion in the fourth quarter, while credit card balances increased by $45 billion from the previous quarter to reach $1.21 trillion at the end of December."

https://www.newyorkfed.org/microeconomics/hhdc

Soon, not only will we not have money to buy imported goods and domestic goods, the banks will go bankrupt too.  Guess banks should have been nicer to Donnie D**chebag.[/quote]
That's what I'm saying.. we are where we are due to our insatiable desire for an abundance of cheap goods.  We got addicted to it.

There's a reason why walmart, started in a red state, is so successful.[/quote]

This feels too simplistic.  Maybe people in red states love Walmart because it's what they can afford?

Also, I love how MAGA is now all about minimalism. Since when do they care?  Since the tariffs started and Trump decided to tank the company and give more money to billionaires. [/quote]

such minimalism https://www.cnn.com/2025/03/16/politics/oval-office-gold-decor-trump/index.html

f these people[/quote]

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