Economics Thread

mqt said:
Wait, those tariffs from other countries we’re reciprocating *aren’t* ushering in prosperity for their citizens?
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Weird all theee companies are building plants on US after tariffs. Surely those decision will be awful for Americans.
 
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Admittedly skeptical of using GDP as an indicator of the state of the economy for the working class, but I don’t think hiring a bunch of factory laborers away from their retail jobs are going to be what saves the American Dream either.
 
mqt said:
I’d like to join you on this, but the shift from “I’m going to fix things on day 1” to “prices will go up in the short-term as we recalibrate the economy” isn’t giving me a ton of hope that he’ll be intellectually honest about the effects tariffs are having on the economy and he’ll rush to find some way to blame Biden, immigrants or George Soros and globalists or something.
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This stuff from a guy that supported Biden twice is amazing
 
The Chosen One said:
I think the people around Trump, their political calculus (since we know he doesn't know what he's doing) is to reverse the typical mid-terms trend.

They want as many short-term "wins" as possible to dominate the headlines while drowning out the bad, so the GOP have a better chance at holding serve in the mid-terms.

A win for Trump doesn't actually have to benefit America, it's just the media appearances where he can go in front of a camera and say THINGS ARE WORKING even if it's contrary to what's happening. We know his base and a lot of independent voters don't know what's really going on or know any better, and that's who their team is riding on being oblivious in 2026.

Whether it's people like thethe spinning stuff on behalf of the admin, like implying the Signal texts were purposely leaked by the admin lol.
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I mean all they gotta do is not destroy us.

His people this time are smarter than that. I don’t see it happening any worse than the path we were on, and anyone that doesn’t see that is not serious about this discussion what so ever
 
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Tehran quaking in its boots at the threat of whatever the **** we’re importing from Iran for some reason being marginally more expensive for American companies.

Like **** man, just go big and do a trade embargo if we’re going to somehow make this *our* problem too.
 
mqt said:
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Tehran quaking in its boots at the threat of whatever the **** we’re importing from Iran for some reason being marginally more expensive for American companies.

Like **** man, just go big and do a trade embargo if we’re going to somehow make this *our* problem too.
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According to oec we imported 2.27M from Iran, they were mainly in Painting,s Sculptures, adn Brochures.

So I guess Museums may get the shaft?
 
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