Anonymous wrote:Since there is a 4 year thread on Biden's economy, we may as well get this one going.
Trump is already undermining the markets and the economy that Biden had produced in the wake of COVID and the related supply chain issues.
Trump is promising to bring down inflation, continue to grow the markets and protect American companies with tariffs.
He is already saying he will exempt Apple and Tesla from tariffs (because the bribes are too hard to pass up)
Anonymous wrote:like for real - is he trying to destroy the us economy/everything?
Anonymous wrote:Anonymous wrote:So if the US isn't collecting tariff revenue
https://www.cnbc.com/2025/04/11/customs-reports-glitch-in-system-used-by-freight-for-tariff-exemptions.html
and it is cutting the IRS, exactly how is the government being funded?
Debt. And then they point to the gigantic debt that they created as a reason for more cuts. This is the plan.
Anonymous wrote:Egg prices are at all time highs. Also at all time highs, the profits of companies that produce and distribute eggs. They are price gouging now.
Anonymous wrote:So if the US isn't collecting tariff revenue
https://www.cnbc.com/2025/04/11/customs-reports-glitch-in-system-used-by-freight-for-tariff-exemptions.html
and it is cutting the IRS, exactly how is the government being funded?
Anonymous wrote:Anonymous wrote:This is just as damaging to the future prospects of the USA as if Putin were president and wanted to cripple our country.
And the GOP is clearly totally fine with it, and it seems a lot of our business leaders are as well.
Though, every day the media is more openly questioning not only his competence, but his sanity. Let’s hope that at some point a few of these republicans realize that they might be risking jail to support a madman.
https://www.msn.com/en-us/news/politics/competence-questions-pose-risk-to-trump-s-political-image/ar-AA1CJbUn
https://www.independent.co.uk/news/world/americas/us-politics/donald-trump-fund-managers-tariffs-b2730989.html
Anonymous wrote:This is just as damaging to the future prospects of the USA as if Putin were president and wanted to cripple our country.
And the GOP is clearly totally fine with it, and it seems a lot of our business leaders are as well.