Economics Thread
- Thread starter sturg33
- Start date
chop2chip
Well-known member
If you’re a smart (and a massive cash pile), just wait it out and bet he chickens out. You’ll come out ahead once you capture the market share of the small biz competition who can’t afford it
sturg33
I
LOL I dunno if he just likes the chaos, being the center of attention, or thinks he's actually achieving stuff, or knows that his announcements mean everything to his cult and they dont pay attention to what actually happens?
I.e... "we will tarrif everything 35%!"
(But we will exempt everything, so nothing actually changes)
And his cult can scream "ANY MINUTE THOSE TARRIFS ARE GONNA RAISE COSTS! HAHA TRUMP RIGHT AGAIN!"
Honestly, I’m not entirely convinced he’s not deliberately announcing and quietly backing off the way he does to sway public opinion on inflation.
chop2chip
Well-known member
He’s too retarded to execute shock and awe policy.
He clearly doesn’t want to tank the stock market but wants to act tough. He just wants these countries to sign these toothless trade agreements so he can claim victory. If he actually cared about trade, he wouldn’t have folded so hard on China.
acesfull86
Well-known member
Trump’s heightened tariff against Brazil is because he thinks they were mean to Bolsonaro. Anyone in MAGA want to tell me how this justification is covered by the “emergency” powers Trump is citing to impose the tariff?
Does one really need justification to deliver us into a golden age?
sturg33
I
Its always been all about China, dude
Sure is good for the propaganda machine, though.
Maybe the people who can read it can explain tariffs to us better than Trump has.
zitothebrave
Connoisseur of Minors
Does Austin Peterson's IQ vary? How does it average out. Or is he talking about his IQ vs when he's doing whippets?
I suspect where we disagree is the proportion of inflation caused by government spending compared to the other causes. Not all taxes and dollars spent are created equally, and as such I don’t think the deficit is quite as be-all, end-all as Elon Musk or Thomas Massie might. Instead, I think you need to balance strategic deficit spending against the societal benefits of the spending.
It’s one of the reasons I struggle so much with the enormity of the defense and law enforcement budgets. I’m not some idealist loon who thinks we shouldn’t have a military or police force. But I think the culture around spending in these areas is that more deterrence will equal more safety, and I think the reality is it just lead to the absolute worst examples of government bloat you could ever dream up while doing little to make any of us any safer and doing little to improve the lives of the people out there actually doing the work.
I always enjoy how for some we can’t afford any sort of social safety net unless it involves allowing the elderly to retire in comfort. Should a 64-year-old’s property taxes be higher because his 65-year-old neighbor can’t afford to stay in his family’s home? If so, why shouldn’t those property taxes be higher so that another family could buy their first home?
It’s the same shit as tariffs. If it’s good for Walmart to pay an extra 20% on imports via tariff, why is it bad for Walmart to pay an extra 20% on some line items during tax season? Why should I pay more for American farmers to maybe face less barriers in selling beef to Australia but not for food assistance for the poor?