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

Forum Index » Political Discussion

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Lot of talk that Trump’s policies will be good for the economy. [/b]

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

[/quote]

There is literally no one who knows what they are talking about who suggests that Trump's policies will be good for the economy. None.[/quote]
It doesn’t matter to his voters. The GOP has made it so anyone with expertise or qualifications is presumptively untrustworthy. Only those who say fawning things about Trump are accepted. And they will be excommunicated immediately the moment they say anything critical of him.[/quote]

That’s what’s so crazy about the old guard, who swear on their lives it was all about fiscal conservatism. Are they willing to vote for Trump or sit it out (which risks a Trump presidency) while knowing that our GDP will drop and that tariffs and deportation camps will cause a recession. That climate change will further thwart food supplies, adding to more inflation and increases for consumers. Pence is willing to risk it so he can control women, but what about the others? Same? What is the motivation here? [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics