Economics Thread

sturg33 said:
Do you accept or reject the wsj analysis that said a family of 4 has well over$1,000 increased costs due directly to the tariffs
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Average is not median and I established that.

I don't believe the article was free to read. Happy to review and discuss the poor context.
 
I see this headline on this WSJ article - Don't know the climax:

Why Everyone Got Trump’s Tariffs Wrong​

Predictions of the duties’ impact on the economy were buoyant or dire. Here’s the reality.​

 
I see this too - one of my original predictions was a Western Hemispere manufacturing powerhouse:

The Unexpected Winner of Rising American Tariffs Is Mexico​

 
And this one - I bet you that Trump knew the AI boom was on the horizon. Too bad health care experts are so bad at their jobs

Why Tariffs Didn’t Tank the U.S. Economy in 2025​

 
And this one - Shocked nobody noticed less Chinese crap as options:

How Tariffs Are Changing Up Costco’s Shelves​

The retailer has adjusted its product assortment to keep prices low for its shoppers​

 
Another one

How the U.S. Economy Has Defied Doomsday Predictions on Tariffs​

Inflation is lower than expected after President Trump’s steep levies​

 
msstate7 said:
If trump's plan works, gonna be a whole lot of crow to eat here; probably look like the Covid thread where half disappeared. If trump's plan doesn't work, we may never see thethe again.
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Newsflash - No crow will be eaten. We will just see some theoretical argument while Americans are benefitting tremendously
 
thethe said:
I want these countries to stop facilitating China skirting around existing restrictions (Vietnam). I want these countries to take down their own trade barriers and truly open up markets to American sellers. But even after that - I want a baseline tariff on all these countries because they should have to pay a premium to access our markets. It shouldn't be Americans fault that we demand more compensation for our labor.
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Hey look - Coutnries are buying more of our stuff because a president had the balls to stand up to them.
 
thethe said:
I'm not privy to what controls are in place to ensure that this isn't happening but I trust the people Trump has in place will understand how to create systems that can be audited to ensure compliance.

Yes, you as a Panican should expect a slight increase in the cost of goods that when netted against all the other good that Trump is doing will result in more discretionary spending cash than they've had in years.
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Never miss........
 
It’s incredible how much time you’ve wasted this afternoon in service of making yourself look foolish. You’re wrong on just about everything you’ve quoted, yet you think this is somehow proving your case.
 
acesfull86 said:
It’s incredible how much time you’ve wasted this afternoon in service of making yourself look foolish. You’re wrong on just about everything you’ve quoted, yet you think this is somehow proving your case.
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Ah yes the whole economists didn't predict a recession/crash schtick you want to try and play right now.

Maybe when we are rocking in 26 you'll revisit your archaic views.
 
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