Economics Thread

I love this country, but our endless spending (Trump helps with this) and our all-the-sudden hating our brothers bc of politics will destroy us.

Trump's vision of America first is very appealing to me, but I certainly don't know if he has a good plan to reach that vision.
I don't doubt you love this country. I think you are badly mistaken in thinking that we are on such a disastrous course that any deviation from it is a good thang.

We are seeing an actual for real deviation that shows this.

I'm not saying this applies to you in particular but a big chunk of Trump's America first vision involves demonizing people. Telling people dark-skinned immigrants are eating their cats. It is very sad that this country elected someone like that.
 
ok...now it is making sense

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“To keep ourselves right in all things, we ought to hold fast to this principle: What I see as white I will believe to be black if the hierarchical church thus determines it.” (Ignatius de Loyola, founderoftheJesuit order–Spiritual Exercises (1522–1524),13thRule).
 
This administration has no idea what it wants from this abomination of a policy.

If we're looking to onshore jobs like this loon of a Labor Secretary and our deranged POTUS both want, then we can't use the tariffs as a negotiating tool to keep ourselves from being ripped off and keep fentanyl from crossing the border (because we'd be lifting/lowering the tariffs), and we can't generate tariff revenue to make us rich (because we'd be lifting/lowering the tariffs).

If we're looking to raise revenue because our country was supposedly at it's richest in the 1890's, also per our deranged POTUS, and we can somehow fund our insanely large government via tariff revenue, then we can't use the tariffs as a negotiating tool to keep ourselves from being ripped off and keep fentanyl from crossing the border (because lifting/lowering the tariffs would reduce tariff revenue) and we can't use the tariffs to onshore jobs (because the substitution of imports for domestic production would mean sacrificing the tariff revenue needed to run the government).

If we're looking to use the tariffs as a negotiating chip to make sure the world no longer rips us off and allows fentanyl to cross our borders, also per our deranged POTUS, that means we intend to lift/lower the tariffs. Which means there's no tariff revenue to fund our government and enrich us beyond our wildest dreams, and the tariffs are no longer in place to protect American producers and onshore jobs.

This entire "experiment" is incoherent and contradicts itself at every turn. With the added bonus of kneecapping your 401k, destroying long-standing relationships with allies, raising economic uncertainty to never before seen levels, and yes thethe - raising costs on Americans.
 
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