Anonymous wrote:When this kicks in, there will be millions impacted
https://acasignups.net/25/05/01/and-so-it-begins-aetnacvs-pulling-out-aca-exchanges-next-year-gop-allows-ira-subsidies
and not in a good way.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations.
Imports do not reduce GDP.
In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production.
If imports hadn't surged, CIG would be lower. Imports are independent of domestic production.
GDP = C+I+G +(X–M)
https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/
Steering the economy constantly with artificial subsidies like massive green energy subsidies causes economic dislocation and deficits. Who knew?
Now we're like a heroine addict coming off the sugar. Printing dollars endlessly and dropping helicopter money everywhere had long term consequences. Shocking, eh?
Green economy is a triple bottom line benefit:
- green jobs
- cleaner air and water which has a positive impact on the environment and public health
- energy independence which also means the US can export oil and gas and also save on military spending.
Nope.
- Green jobs are artificial and expensive - unless the government mandates and subsidizes, they aren't appearing in the first place
- crap like forcing EV buying through mandates like federal fleets for the post office are expensive and borne by the tax payer
- forcing the military to purchase biofuels instead of petroleum is expensive
- at the end of that EV charging station is a smokestack, so no again on clean air
- allowing China to poor mouth itself as a developing economy while we unilaterally shoot ourselves in the foot through artificial feel-good mandates kills our competivesness in a global economy
- the more you spend on artificial edicts like green energy, the more you starve other industries because tax revenue cannot be spent in two places at once. We were literally starving other industries because of political mandates from the ivory towers of Washington DC.
Command economies fail every time.
Learn to see ALL sides of the argument, not just the ones you want to tout. There are positives and negatives to every spending decision.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'm trying to remember, how long did posters here say the "Obama economy" extended into the Trump administration? Maybe someone can refresh my memory. Was it 6, 9 or 12 months.
BS. I watch the stock market every day multiple times a day. Literally the second Trump talks tariffs, it dips significantly. Every recent dip is related to tariffs. In one day, I had never seen anything like this- he implemented tariffs, marker drops, a single tweet about a 90 day moratorium goes viral, the market completely rebounds like 1000 pts mid day, the administration denies the rumor, the market immediately plummets again.
The market isn't the economy.
Anonymous wrote:Anonymous wrote:I'm trying to remember, how long did posters here say the "Obama economy" extended into the Trump administration? Maybe someone can refresh my memory. Was it 6, 9 or 12 months.
BS. I watch the stock market every day multiple times a day. Literally the second Trump talks tariffs, it dips significantly. Every recent dip is related to tariffs. In one day, I had never seen anything like this- he implemented tariffs, marker drops, a single tweet about a 90 day moratorium goes viral, the market completely rebounds like 1000 pts mid day, the administration denies the rumor, the market immediately plummets again.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations.
Imports do not reduce GDP.
In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production.
If imports hadn't surged, CIG would be lower. Imports are independent of domestic production.
GDP = C+I+G +(X–M)
https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/
Steering the economy constantly with artificial subsidies like massive green energy subsidies causes economic dislocation and deficits. Who knew?
Now we're like a heroine addict coming off the sugar. Printing dollars endlessly and dropping helicopter money everywhere had long term consequences. Shocking, eh?
Green economy is a triple bottom line benefit:
- green jobs
- cleaner air and water which has a positive impact on the environment and public health
- energy independence which also means the US can export oil and gas and also save on military spending.
Anonymous wrote:I'm trying to remember, how long did posters here say the "Obama economy" extended into the Trump administration? Maybe someone can refresh my memory. Was it 6, 9 or 12 months.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Just imagine the numbers for Q2 and Q3, with no foreign tourists, 250K federal workers laid off, and agriculture exports at a standstill.
“BE PATIENT!!!” 🤪
In other words, Trump is saying "be patient, the Democrat I get elected to President in 2028 because of my incompetence will fix it".
Anonymous wrote:Anonymous wrote:Anonymous wrote:The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations.
Imports do not reduce GDP.
In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production.
If imports hadn't surged, CIG would be lower. Imports are independent of domestic production.
GDP = C+I+G +(X–M)
https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/
Steering the economy constantly with artificial subsidies like massive green energy subsidies causes economic dislocation and deficits. Who knew?
Now we're like a heroine addict coming off the sugar. Printing dollars endlessly and dropping helicopter money everywhere had long term consequences. Shocking, eh?
Anonymous wrote:Anonymous wrote:Anonymous wrote:The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations.
Imports do not reduce GDP.
In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production.
If imports hadn't surged, CIG would be lower. Imports are independent of domestic production.
GDP = C+I+G +(X–M)
https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/
Steering the economy constantly with artificial subsidies like massive green energy subsidies causes economic dislocation and deficits. Who knew?
Now we're like a heroine addict coming off the sugar. Printing dollars endlessly and dropping helicopter money everywhere had long term consequences. Shocking, eh?
Anonymous wrote:Anonymous wrote:Anonymous wrote:The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations.
Imports do not reduce GDP.
In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production.
If imports hadn't surged, CIG would be lower. Imports are independent of domestic production.
GDP = C+I+G +(X–M)
https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/
Steering the economy constantly with artificial subsidies like massive green energy subsidies causes economic dislocation and deficits. Who knew?
Now we're like a heroine addict coming off the sugar. Printing dollars endlessly and dropping helicopter money everywhere had long term consequences. Shocking, eh?
Anonymous wrote:Anonymous wrote:Anonymous wrote:The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations.
Imports do not reduce GDP.
In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production.
If imports hadn't surged, CIG would be lower. Imports are independent of domestic production.
GDP = C+I+G +(X–M)
https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/
Steering the economy constantly with artificial subsidies like massive green energy subsidies causes economic dislocation and deficits. Who knew?
Now we're like a heroine addict coming off the sugar. Printing dollars endlessly and dropping helicopter money everywhere had long term consequences. Shocking, eh?
Anonymous wrote:Anonymous wrote:The -.3% is because of a large boost in imports ahead of tariffs, which is a negative in GPD calculations.
Imports do not reduce GDP.
In the GDP formula they are subtracted because they are included in C, I and G, and the goal is to isolate domestic production.
If imports hadn't surged, CIG would be lower. Imports are independent of domestic production.
GDP = C+I+G +(X–M)
https://fredblog.stlouisfed.org/2018/09/do-imports-subtract-from-gdp/
Anonymous wrote:I'm trying to remember, how long did posters here say the "Obama economy" extended into the Trump administration? Maybe someone can refresh my memory. Was it 6, 9 or 12 months.