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

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[quote=Anonymous][quote=Anonymous]Bill Clinton's Secretary of Labor said the stock market is not the economy.

However, let's assume it is.

All these savvy investors, why weren't they aware Trump was going to put in these tariffs?
The stock market was fine for two months, and the two months after Trump was elected.

The conclusion is that tariffs are not bad for the economy.  Or that the other things trump is doing, like budget cuts, tax cuts, regulatory cuts, are providing a benefit that outweighs the damage caused by tariffs.  Even as Trump was putting in some tariffs still no drop in the stock market.

So, what changed to produce this 10% drop in a few days?  Clearly the big change has been the level of the tariffs, more than reciprocal.  In some cases on countries that have a free trade deal.
Perhaps the market is saying a ten percent chance the economy crashes to 0, or a 20 percent chance it drops by half, or 50% chance it drops by 20%, balancing in that these tariffs might not happen.

But overall the market has signaled that smaller tariffs are not harmful to the economy.[/quote]

Trump's policies have already erased $6 TRILLION from the economy.  401k's, retirement funds, and more.  This is a complete disaster.[/quote]

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